Eight cadres of Bangladesh Chhatra League (BCL), the student wing of ruling Awami League, were expelled for one year from the Chittagong University (CU) for their unruly activities, reported UNB Thursday.The expelled students are: Rashedul Hannan, Fazle Rabbi, Sarwarul Islam,...
SM Jahangir back from northern districts The lush-green 'Boro' fields in the country's northern region hardly make the farmers smile, as they are doubtful about recouping their cultivation costs against the backdrop of falling prices of the staple. While expressing...
Siddique Islam Cancellation of letters of credit (LCs) for import has risen unusually in the last several months, according to officials. The cumulative value of LCs cancelled during July-January period of current fiscal (FY09) stood to $619.37 million. In July...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) dropped for the fourth consecutive day amid price fluctuation Thursday when the turnover hit an all time high.The turnover stood at Tk 6.48 billion, helped by higher volume of trading in...
FE Report Participants at a roundtable held in Dhaka Thursday made a unanimous observation that a free and responsible media had a vital role to play in the fight against corruption which is 'systemic and embedded institutionally' in Bangladesh. However,...
FE ReportBusiness leader Annisul Huq urged the foreign investors to invest in Bangladesh as the country is now ready for investment under the new democratic government."Here are a lot of scopes for investment," said the president of the Federation of...
M Azizur RahmanBritish Cairn Energy has sought free market rights to sell gas to third party other than Petrobangla for its planned exploration works in onshore block no 10, officials said Tuesday.The company also wanted the entire Companiganj structure under...
FE ReportThe Executive Committee of the National Economic Council (ECNEC) Thursday approved the much-awaited machine-readable passport (MRP) and visa project and decided in principal to appoint army to complete the scheme, officials said."The Prime Minister has asked the home ministry...
FHM Humayan KabirThe government's highest policy-making body has asked the state-owned energy exploration company BAPEX to look for gas and oil reserve in prospective Mobarakpur field, officials said Thursday."The Prime Minister has directed BAPEX to start further exploration works this...
FE ReportThe government is considering the issue of making 'undisclosed money' legal in the next budget, said Commerce Minister Muhammad Faruk Khan Thursday."The issue has been discussed and the finance minister has already made a comment on the issue," he...
Labour, Employment and Expatriate Welfare Minister Khandker Mosharraf Hossain said Thursday the government would soon formulate a policy for manpower export to make the entire process transparent and hassle-free, reports UNB."A policy for this vital sector is needed and a...
Bangladesh Telecommunications Company Limited (BTCL) Thursday signed an agreement with Korean KT Corporation for implementation of Tk 2.80 billion 'Internet Information Network Expansion' project to build 'National IP Backbone' as part of the plan for developing a digital Bangladesh. —...
Three people were killed and another three injured, as a truck crashed into a car at Birulia Rasulpur in the city's Pallabi area Thursday. The deceased were identified as Shawkat Ali, 62, a retired official of Bangladesh Biman Airlines, his...
The SSC examination on Mathematics (compulsory) and other subjects for the examinees, who failed to appear at their examinations due to the carnage at the BDR Headquarters, began at the Government Laboratory High School Thursday. A total of eight examinees...
Ministers, state ministers, whips, MPs and officials of the Prime Minister's Office on behalf of Prime Minister Sheikh Hasina handed over cheques for Tk 1.0 million to each family of the army officers killed in the BDR carnage. — UNB
Mahmudur Rahman"Neither a borrower nor a lender be"William ShakespeareThere are times when the simplest of truths and wisdom drown in the deluge of worldly temptation. The consequences are such as what the world is now going through: an abyss if...
WASHINGTON, Mar 19(AFP): The global economy will shrink for the first time in 60 years in 2009, the International Monetary Fund warned Thursday as EU leaders balked at growing US pressure to spend more to ease the crisis.EU leaders on...
The overall avian influenza situation in Bangladesh has stabilised with significantly less outbreaks but remains a 'high-risk' country, according to a latest World Bank (WB) prescription, reports UNB.A press release of the funding agency Thursday said Bangladesh continues to remain...
Siddique Islam The flow of inward remittances declined slightly from European Union (EU) and the United States (US) in February following the ongoing economic recession, the central bank officials said. The country received a total of US$ 128.30 million as...
The internal enquiry committee of the Anti-corruption Commission (ACC) termed the complaint against the ACC Chief Gen Hasan Mashhud Chowdhury baseless and motivated, reports UNB.Former Prime Minister Khaleda Zia's Adviser Mahmudur Rahman made a complaint against the ACC chairman of...
From Fazle Rashid NEW YORK, March 19: The US Federal Reserve in a bid to salvage a sinking economy has decided to pump in an extra $1.0 trillion into the financial system by purchasing Treasury bonds and mortgage securities. This...
The Election Commission declared 45 women candidates elected MPs uncontested Thursday, the last date for withdrawal of candidature for as many reserved seats in parliament, reports UNB. Among the 45 women's seats, the ruling Awami League got 36 while the...
Mushir Ahmed | 2009-03-15 00:00:00
At least a dozen Bangladeshi garment companies lost millions of dollars after a top retailer in Britain went bankrupt, in a chilling reminder of the devastation unleashed by the global economic crisis.Woolworths, an apparel retailer with more than 800 stores...
NEW YORK, Mar 14 (Reuters): Lawyers for jailed swindler Bernard Madoff argued for his release pending sentencing and a list of assets put he and his wife's net worth between $823 million and $826 million, according to court papers filed...
Maswood Alam Khan | 2009-03-15 00:00:00
There was a time when like many of my peers I couldn't think of dying; death news would make me emotionally cripple. When I was a child and even when I was an adolescent I was foolhardily confident that every...
A Dhaka court ordered DAD Touhidul Alam and 10 other suspects in the BDR mutiny case to jail Saturday, reports bdnews24.com.Investigation officer and senior ASP of CID Abdul Qahhar Akhand requested the court to send the accused to jail allowing...
M Azizur Rahman | 2009-03-15 00:00:00
The government has taken steps to frame a policy on providing compensation to coalmine victims to ensure uninterrupted operation at all the mines and safeguard the country's future energy security, officials said Saturday.The compensation policy will spell out packages for...
CHICAGO, Mar 14 (AFP): General Motors is recalling nearly 277,000 new vehicles in the United States because of a problem with the gear shift that could cause parked vehicles to roll away, officials said yesterday.The problem stems from a clip...
The first session of the ninth parliament resumes today (Sunday) after a recess for nine days, with important business in hand, reports UNB.The session will reconvene at 4:45pm.The much-awaited bills relating to separation of the judiciary from the executive will...
BRUSSELS, March 13 (Xinhua): In an apparent showdown with the United States weeks ahead of the G20 summit in London, Germany and France joined hands in pushing for tougher global financial regulations, while rejecting Washington's call for more spending on...
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