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Seasonal businessmen suffer big losses in raw hides trade

2008-12-12 00:00:00

Shakhawat Hossain Seasonal businessmen said they have suffered substantial losses in the trade of raw hides and skin collected during the Eid-ul-Azha festival this year as they have been given lower than expected prices by tanners this year, market experts...

Govt bends emergency rules before total lifting on Dec 17

2008-12-12 00:00:00

Political rallies will rock streets afresh from today (Friday) as the caretaker government has bent the emergency rules for electioneering before total lifting of the state of emergency ahead of the December 29 parliamentary polls, reports UNB.The interim regime Wednesday...

Call money rate jumps to 20pc

2008-12-12 00:00:00

FE Report The inter-bank call money rate rose to 20 per cent Thursday from 12 per cent of the previous working day despite injection of fresh fund by the central bank. "The call rate spiked on the day mainly due...

BoI lacks specialists to handle large, complicated proposals

2008-12-12 00:00:00

A Z M Anas The Board of Investment (BoI) has a staff strength totalling over 250, but the state-owned agency has extremely limited experts to handle large, complicated investment proposals in an increasingly challenging global environment, according to a diagnostic...

JP still in grand alliance, LDP quits

2008-12-12 00:00:00

Hours after Jatiya Party chairman HM Ershad announced Thursday morning that the 'grand alliance' had not split, a senior JP leader said they had reached a seat-sharing deal with Awami League that leads the combine - as the deadline for...

Eid-ul-Azha celebrated

2008-12-12 00:00:00

Muslims across the country Tuesday celebrated their second greatest religious festival, the holy Eid-ul-Azha, with due solemnity, religious fervour and enthusiasm, reports BSS. The day's programme began with the offering of Eid prayers by millions of Muslims at mosques, eidgahs...

GP submits final IPO application

2008-12-12 00:00:00

FE ReportGrameenphone Ltd lodged the final application for its initial public offering (IPO) of US$65 million (BDT 4.49 billion) with the Securities and Exchange Commission (SEC) Thursday.Grameenphone's Board of Directors had earlier approved the proposal for IPO placement of its...

Hasina starts polls campaign after visiting shrines in Sylhet

2008-12-12 00:00:00

Awami League (AL) President Sheikh Hasina offered fateha at the mazars of Muslim saints in holy city Sylhet Thursday before kicking off her campaign for the crucial December 29 parliament elections. On the other hand, BNP Chairperson Khaleda Zia is...

EC allows 120 candidates to contest polls

2008-12-12 00:00:00

After the four-day hearing of the appeals, the Election Commission (EC) has allowed 120 candidates to contest the December 29 election, reports UNB.EC sources indicated the prospect of allowing more candidates to contest after hearing of the appeals. The Returning...

ACC approves final reports in yet another 69 graft cases

2008-12-12 00:00:00

The Anti-Corruption Commission (ACC) has approved submission of final reports in yet another 69 graft cases involving 103 individuals including former BNP lawmaker Nasir Uddin Pintu, as allegations against them could not be proved, reports UNB.ACC Director General (admin) Col...

Four-party seat sharing finalised

2008-12-12 00:00:00

BNP keeps the lion's share of 260 seats for its candidates to contest the December 29 parliamentary election while the Jamaat candidates of the four-party alliance were given 38 seats, IOJ 4 and BJP 2. But Jamaat and BNP candidates...

Bogra road crash kills 7 of bridal party

2008-12-12 00:00:00

BOGRA, Dec 11: A microbus carrying bridal party from Ghoraghat in Dinajpur district met with a tragic accident leaving seven persons dead on the spot and six wounded at Rahabul in Shibganj Upazila Thursday. The police said three children, three...

HC refuses to hear petitions of Kazi Zafar, MK Alamgir

2008-12-12 00:00:00

The High Court (HC) apparently endorsed Election Commission (EC) decisions scrapping the nomination papers of Jatiya Party (JP) presidium member Kazi Zafar Ahmed and Awami League (AL) presidium member Mohiuddin Khan Alamgir for the upcoming parliamentary elections as it Thursday...

Edible oil prices 'to fall by end of this month'

2008-12-12 00:00:00

Doulot Akter MalaThe government is monitoring the retail and wholesale prices of edible oil in the local market as it has found that the import costs has declined by about 47 per cent in recent months. "We've observed the prices...

Adulterated ghee, butter oil flood local markets,says CAB

2008-12-12 00:00:00

FE ReportLocal markets are flooded with adulterated ghee and butter oil, posing a serious threat to public health, Consumers Association of Bangladesh (CAB) has revealed in its report.The report on adulterated ghee and butter oil was released at a views...

$2.0b WB fast-track facility to speed up grants to poorest states

2008-12-12 00:00:00

FE ReportThe World Bank (WB) Group has announced the creation of a $2.0 billion fast-track facility to speed up grants and long-term, interest-free loans to help the world's poorest countries cope with the impact of the global financial crisis, says...

Growth in Asia to drop as global slowdown bites: ADB

2008-12-12 00:00:00

HONG KONG, Dec 11 (AFP): Growth in Asia's developing economies will slow to 5.8 per cent in 2009, down from 6.9 per cent in 2008, as nervous global investors scale back regional interests, the Asian Development Bank said today. The...

CA opens Airport Road-Rokeya Sarani link road

2008-12-12 00:00:00

Chief Adviser Dr Fakhruddin Ahmed Thursday urged concerned institutions, architects, environmentalists, urban planners and conscious city dwellers to turn capital Dhaka into a planned city through joint efforts and ideas, reports UNB."The (present) government has taken short, mid and long-term...

Swiss embassy now to issue only Schengen visas

2008-12-12 00:00:00

FE ReportThe Swiss embassy in Dhaka from now on will issue Schengen visas to Bangladeshi businessmen and tourists as the Schengen agreement between Berne and the European Union comes into force today (Friday), a senior Switzerland government official said here...

President apprised of PSC office attack during BCS students’ sit-in

2008-12-08 00:00:00

Public Service Commission (PSC) bosses Sunday met President Iajuddin Ahmed and apprised him of the unwanted incident that took place on the PSC office premises on December 2 over the issue of the 27th BCS examination, reports UNB.A 9-member delegation...

UNGA recognises Int'l Mother Language Day

2008-12-08 00:00:00

The United Nations General Assembly for the first time adopted a Bangladesh-sponsored 'Culture of Peace' resolution recognising February 21 as the International Mother Language Day, reports bdnews24.com. "[The Culture of Peace resolution] is an annual feature, but this year it...

Govt files appeal with SC over HC's EPR ruling

2008-12-08 00:00:00

The government Sunday appealed to the Supreme Court to reverse the High Court ruling that cancelled key clauses of the Emergency Powers Rules (EPR), reports bdnews24.com. Deputy Attorney General Zahirul Islam Mukul said that they had filed an appeal against...

More than 160 US, NATO vehicles burned in Pakistan

2008-12-08 00:00:00

PESHAWAR, Dec 7 (AP): Militants blasted their way into two transport terminals in Pakistan on Sunday and torched more than 160 vehicles destined for US-led troops in Afghanistan, in the biggest assault yet on a vital military supply line, officials...

Celebrating Eid-ul-Azha in its true spirit

2008-12-08 00:00:00

THE Eid-ul-Azha will be observed throughout the country tomorrow (Tuesday) with the spirit of sacrifice and piety that are the central message of this occasion. This second greatest religious festival of the Muslims commemorates a momentous event. Prophet Ibrahim (sm)...

Land speculation in Dhaka city: a critical question

2008-12-08 00:00:00

Md. Shakil Bin Kashem and Salim RashidWE have long been in search of decentralised forms of governance. Many argue that it is the absence of adequate financing that prevents the Upazilas from being independent. This may be true for many...

Recession hitting most parts of global economy

2008-12-08 00:00:00

Fazle Rashid from New YorkMORE than 533,000 non-farm jobs were eliminated only in November making it the biggest job losses in the US in 30 years. This, the analysts underscored, indicate the depth of a recession that is spreading rapidly...

A proper investigation is needed

2008-12-08 00:00:00

THE deaths of Nurul Islam, president of Ganatantri Party, and his son, as a result of an accidental fire or foul play was tragic. Islam's son died immediately but the man fought on for 36 more hours before surrendering to...

For more objective news in the media

2008-12-08 00:00:00

REPORTS about incidents of clash in different places of the country over the nomination of major political parties for various electoral constituencies are appearing in the media these days. Some such reports are also conflicting. Are not such reported incidents...

In support of accreditation of FEMA

2008-12-08 00:00:00

WITH all surprise I came to know from the news media that FEMA did not get the accreditation from the Election Commission to observe the upcoming parliament election. I have come to know about FEMA since it came out with...

Coping with global economic meltdown

2008-12-08 00:00:00

Ferdous AlamONE direct casualty of the ongoing global financial crisis could be the volume of foreign aid that the rich countries have been regularly making available to the poor or developing ones. On its part, Bangladesh has progressively reduced its...