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Old Dhaka factories take brunt of power outages

2009-03-21 00:00:00

FE Report Mohammad Shahin is worried about the future of his small factory at East Islambagh in the old part of the city as production has been cut by almost half due to persisting power shortage. Sitting inside his tiny...

Dhaka stocks back on losing streak

2009-03-21 00:00:00

FE ReportDhaka stock prices were back on the losing streak in the week that ended Thursday after witnessing a bullish trend the previous week, but investors' participation increased.The market went into the negative territory in the week, caused by the...

Site selection delays building of Sylhet SEZ

2009-03-21 00:00:00

Mohammad Jubair HasanThe setting up of a Special Economic Zone (SEZ) in Sylhet has remained uncertain for long due mainly to delay in selection of a site by the government for this public-private partnership economic enclave. The Board of Investment...

Dhaka, Jakarta ink deal on money laundering

2009-03-21 00:00:00

FE Report Bangladesh and Indonesia have agreed to cooperate in the fight against money laundering and the funding of terrorism. The cooperation agreement was signed Monday last by Indonesia's Financial Transaction Reports Analysis Center (PPATK) head Yunus Husein and Md....

Worrying trends in industrial lending

2009-03-21 00:00:00

CERTAIN indicators that do not bode well for the growth of the economy are gradually becoming visible. The rate of disbursement of industrial credit by banks has reportedly dropped by 32 per cent in the second quarter of this fiscal...

Power sector : Searching the other better options

2009-03-21 00:00:00

Enayet Rasul BhuiyanPrime Minister (PM) Sheikh Hasina steered through a decision in her Cabinet recently which would mean immediate turning off of gas supply to two fertiliser plants in the country. But the production foregone from the two fertiliser plants...

Unabated menace of land grabbing

2009-03-21 00:00:00

Mohammad AliGRABBING public landed property has been the usual way of things for some people who are in a position to call the shots. Even private lands are forcibly occupied, fake documents are prepared and other official records are falsified...

Why do people behave so insensitively?

2009-03-21 00:00:00

The other day I saw a child servant (this is the only way I can describe it) although I would have preferred the description of child slave beaten savagely by the mistress of the house over a trifling matter. The...

Talkative and imaginative as well

2009-03-21 00:00:00

I have come to the conclusion that we Bengalis (or Bangladeshis if you like) are a talkative and argumentative race-if one can call us a race in anthropological terms that is. We love spinning stories, outlandish tales if it takes...

Divisional Public Library, Chittagong

2009-03-21 00:00:00

At the Divisional Public Library of Chittagong, adjacent to Muslim Institute, Nandankanan one can read the English and Bangla dailies and periodicals, besides many books.Only one copy for each paper is served there. So, when one keeps on reading a...

Need for reforming Post Office Act to legalise courier service

2009-03-21 00:00:00

Md. Mostaque HassanGOVERNMENT delivers postal services for the citizen through Post Office. This Post office was established by enacting a law called 'Post office Act 1898'. The Postal Act is more than a century year old law. With the evolution...

An iron-willed grassroots heroine

2009-03-21 00:00:00

Suroopa Mukherjee from Bhopal, India.The 2008 'Chingari Award for Women Against Corporate Crime' this year went to Dayamani Barla, the Jharkhand activist and torchbearer of the struggle for land rights of the displaced Munda tribe, to which she belongs. As...

Separate pay structure for teachers soon: Edn Minister

2009-03-21 00:00:00

Education Minister Nurul Islam Naheed Friday said the government would make a separate pay structure for the teachers and constitute a commission for appointment of the teachers to ensure technology-based quality education in the country, reports BSS. The Minister said...

Hurried formation of probe body against Sircar reflects ill motive of govt: Delwar

2009-03-21 00:00:00

BNP secretary general Khondoker Delwar Hossain Friday said formation of the parliamentary inquiry committee against former Speaker Barrister Zamir Uddin Sircar ahead of by-election was not a correct and logical decision, reports UNB.Talking to journalists at his Armanitola residence in...

Dutch minister cancels visit to Bangladesh

2009-03-21 00:00:00

Dutch Minister for Development Cooperation Bert Koenders has cancelled his visit to Bangladesh, scheduled for March 22-25, reports UNB."His presence in the Netherlands is needed because of urgent government consultations on how to deal with the global economic recession and...

PM visits Wazed Mia at Square Hospital

2009-03-21 00:00:00

Prime Minister Sheikh Hasina Friday went to Square Hospital to see her ailing husband Dr M Wazed Mia and inquired about his health and treatment, reports UNB.The Prime Minister stayed at the hospital for one and a half-hour from 10:30...

FFs urged to forge unity to resist conspiracies

2009-03-21 00:00:00

Post and Telecommunications Minister Razi Uddin Ahmed Razu Friday urged the freedom fighters to forge a strong unity among themselves, shunning all differences, to resist conspiracies by evil forces and build a prosperous Bangladesh, reports BSS.The Minister made the appeal...

Re-evaluation of foreign investment policy sought

2009-03-21 00:00:00

Jatiya Samajtantrik Dal (JSD) President Hasanul Haq Inu, MP Friday said the government should re-evaluate the foreign investment policy so that country's interest is not hampered, reports UNB.He also said it should be clear how the foreign investors would run...

Two extremists get 37-year RI

2009-03-21 00:00:00

JHENAIDAH, Mar 20 (BSS): Two extremists were sentenced to 37 years rigorous imprisonment (RI) each by a court here Thursday for possessing a firearm and ammunition. Judge of the Special Tribunal Rokeya Begum delivered the verdict in a crowded courtroom.Now...

Fate of Chittagong WASA's water supply project hangs in balance

2009-03-21 00:00:00

The fate of Chittagong WASA's Tk 9.62 billion (962.9 crore) 'Karnaphuli Water Supply Project' hangs in the balance due to complication over acquisition of 31 acres at Pomara in Rangunia Upazila of the district, reports UNB.Chittagong Water Supply and Sewerage...

New DMP boss turns his guns at militants or any saboteur

2009-03-21 00:00:00

New Dhaka Metropolitan Police Commissioner AKM Shahidul Huq said a major challenge right now before him is to combat militants or any saboteur as their threats are being feared, reports UNB."We're trying to put all our capacity and intelligence in...

Govt committed to ensuring overall dev of children

2009-03-21 00:00:00

Commerce Minister Col (retd) Faruq Khan Friday said the present government is committed to ensuring overall development of the children, reports BSS."According to our election manifesto, we want to ensure the welfare of children by taking various uplift programmes for...

People urged to vote for Cox's Bazar, Sundarbans

2009-03-21 00:00:00

Civil Aviation and Tourism Minister GM Quader has urged the people to increase country's image abroad as a country of natural beauty, voting for the Cox's Bazar sea beach and the Sundarbans to be named two of the 'New 7...

Rubana Haq wins SAARC Literary Award

2009-03-21 00:00:00

Bangladeshi writer Rubana Haq won the 'SAARC Literary Award, 2009' for her book of poems "Time of My Life", reports bdnews24.com.The Foundation of SAARC Writers and Literature (FOSWAL) announced the award after its SAARC Festival of Literature in Agra, India,...

Traffic chaos in Ctg

2009-03-21 00:00:00

Our CorrespondentCHITTAGONG, Mar 20: Indiscriminate parking and general indiscipline in road transportation is causing serious traffic congestion in the port city and the situation is turning worse by the day.During the last caretaker government, some drastic measures had been adopted...

Prices of vegetables, green chili, potato rise in city markets

2009-03-21 00:00:00

FE ReportPrices of vegetables, green chili and potato increased at the city's retail markets in the past week while onion, egg and garlic declined. Besides, prices of other essential commodities, including rice, different brands of edible oil, remained almost unchanged...

Tata Consultancy's vice president meets minister

2009-03-21 00:00:00

State Minister for Science and Information and Communication Technology Yeafesh Osman had a meeting with Tata Consultancy Services (TCS) Vice President SK Bhattacharya in the city Tuesday.Dohatec Chairman Luna Shamsuddoha was also present on the occasion, says a press release....

Walton to export refrigerators

2009-03-21 00:00:00

Bangladesh is going to emerge as a refrigerator exporting country in the world market, reports UNB.According to industry sources, Walton, a local firm, has started manufacturing world-class refrigerators in its high-tech plant in Gazipur, 40 kilometres off the capital.Walton officials...

Kuwait cancels refinery deals with Korean firms

2009-03-21 00:00:00

SEOUL, Mar 20 (AFP): South Korean firms involved in deals worth a total of 6.3 billion dollars to build a refinery in Kuwait said they have been notified the contract has been scrapped.The companies said they had been informed by...

Call rate retains steady level

2009-03-21 00:00:00

Sarwar ZahanThe inter-bank call money rate retained its steady level last week, as the central bank effectively intervened to maintain stability in the market, fund managers said.The call rate in extreme range fluctuated mainly between 7.50 per cent and 12.0...