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Election holds great potential for B’desh, says Crowley

2008-12-06 00:00:00

US Congressman Joseph Crowley said the upcoming election holds a great potential for Bangladesh, as it was time to return power to the people, reports BSS."Bangladesh could perhaps take some idea from 'Obama playbook' to strengthen democratic process in the...

EC takes U-turn on code of conduct for media

2008-12-06 00:00:00

Making a U-turn, Chief Election Commissioner Dr ATM Shamsul Huda Friday said there will be no code of conduct for mass media to cover the coming elections as the Election Commission (EC) found it hazardous at the moment, reports UNB....

Oil falls towards $42 after weak US jobs data

2008-12-06 00:00:00

LONDON, Dec 5: Oil fell toward $42 a barrel Friday, sinking to its lowest level since January 2005, after a US government report showed more than half a million Americans lost their jobs last month. US employers axed payrolls by...

Branches of banks remain open today

2008-12-06 00:00:00

All commercial banks have been instructed to keep open all branches or specific branches today (Saturday) after taking necessary security measures to facilitate transactions ahead of Eid-ul-Azha, said Bangladesh Bank (BB) in a circular. Besides, branches of different banks at...

Depression over Bay

2008-12-06 00:00:00

The depression over the southeast Bay and adjoining areas moved slightly west-northwestwards over the last 12 hours, a Met office special weather bulletin said. The depression was centred about 1650 kilometres south-southwest of the Chittagong Port, 1560 km south-southwest of...

Automation seen vital to delivering quick services: BB governor

2008-12-06 00:00:00

FE ReportBangladesh Bank governor Dr Salehuddin Ahmed inaugurated Thursday the real time online banking system of the NCC Bank Limited saying automation in banks is essential to delivery quick services to customers.Speaking as chief guest at a city hotel the...

Govt to set up automated DEDO

2008-12-06 00:00:00

Doulot Akter MalaThe government has decided to set up an automated duty exemption and drawback office (DEDO) aiming to reduce time on collection of bill of entry from the customs house across the country.The decision was taken at a meeting,...

Trade unions represent 4pc of country's labour force

2008-12-06 00:00:00

FE Report Trade unions represent only 4.0 per cent of the country's total labour force of 47.4 million, said a Bangladesh Bank report.Although labour unions are often considered as a major source of labour market rigidities, they represent a small...

Dhaka stocks edge higher amid dull trading

2008-12-06 00:00:00

FE ReportDhaka stocks edged higher amid dull trading in the week that ended Thursday after heavy losses in the previous two straight weeks. The benchmark DSE General Index gained 3.46 per cent or 85.18 points, to close at 2544.66 on...

India cuts fuel prices after oil slumps from record

2008-12-06 00:00:00

NEW DELHI, Dec. 5 (Agencies): India cut retail fuel prices for the first time since February 2007, joining other Asian nations in lowering energy costs, after global crude oil prices slumped from a record and economic growth slowed. Gasoline prices...

Demand for B’ desh RMG up in Sweden

2008-12-06 00:00:00

FHM Humayan Kabir back from SwedenDemand for Bangladeshi garments in Sweden is growing gradually as the consumers, facing hardship following the financial downturn in Europe, are preferring cheaper goods, businessmen said."Now-a-days consumers look for cheap garments. Since the Bangladeshi products...

Many eligible candidates left out for tough RPO: Delwar

2008-12-06 00:00:00

Many eligible candidates have been left out of the polls race because of the tough new electoral laws, the BNP Secretary General Khandakar Delwar Hossain has complained, reports bdnews24.com. "A number of otherwise competent candidates are being deprived of the...

Khaleda, Hasina greet countrymen on Democracy Day

2008-12-06 00:00:00

BNP chairperson and former premier Khaleda Zia and Bangladesh Awami League president and former premier Sheikh Hasina Friday greeted the countrymen on the occasion of the 'Democracy Day', reports BSS.In a message on the eve of the day, Khaleda Zia...

JP announces names of 47 candidates for polls

2008-12-06 00:00:00

Jatiya Party (JP) Friday announced the name of 47 candidates out of a total of 50 seats allocated to it as nominees of the 14-party grand combine to contest the upcoming ninth Jatiya Sangsad polls, reports BSS.The rest three seats...

Welcome advice from John McCain

2008-12-05 00:00:00

The people of the country are only hoping that things would change for the better and the beginning would be made through the forthcoming general election. They are thinking that the events of the last two years, plus exposure to...

Managing budgetary deficits prudently

2008-12-05 00:00:00

Syed Fattahul AlimTo meet its budgetary deficit, the government borrows from both internal and external sources. The internal borrowing is made usually from banks and other non-bank institutions. But the banks are also the sources of credit on which the...

Mumbai attacks and the blame game

2008-12-05 00:00:00

Abul Kalam AzadABOUT 200 people including 22 foreigners were killed and another 300 people were wounded in the recent terrorist attack in Mumbai. The siege was finally ended 60 hours later where the most high-profile target was the Taj Mahal...

Sculptures or monuments are not idols for worshipping

2008-12-05 00:00:00

THERE was an action by militants in Dhaka as well, just a few days ago but those people didn't attack other human beings, just a sculpture work near the Balaka cinema hall. The object of their ire was a bunch...

Private sector faces too many odds

2008-12-05 00:00:00

In many countries, the entrepreneurs are allowed the vital level playing field. They are not spoon-fed but government policies at least try to keep them competitive. This means that they are given vital supports in areas where they deserve such...

Correct approach key to branding Bangladesh

2008-12-05 00:00:00

Mohammad Shahidul IslamSelf-identification in culture and heritage can be a great theme to pride ourselves on as Bangladeshis. For eras, we have been honoured for inheriting more than two thousand-year old civilization. The glorious background we belong to can easily...

Women entrepreneurs get support from ASA

2008-12-05 00:00:00

Md. Mahbubur Rahman Bulbul MOST functionaries of the important microfinance institutions (MFI) of the world come to Bangladesh for learning ASA's micro finance model because it is cost-effective and very simple. Accordingly, a 15-member Filipino MFI team came to Bangladesh...

Zardari vows to take strong action against any elements involved in Mumbai attacks

2008-12-05 00:00:00

ISLAMABAD, Dec 4 (agencies): Pakistan's president has vowed to take "strong action" against any elements in his country involved in last week's attacks in the Indian city of Mumbai,.Asif Ali Zardari made the pledge during a meeting with US Secretary...

Canada's democracy under fire: PM

2008-12-05 00:00:00

OTTAWA, Dec 4 (AFP): Prime Minister Stephen Harper urged Canadians in a televised address Wednesday to reject an opposition bid to oust his ruling Conservatives and install a leftist-separatist coalition without elections."Canadians take pride in our history as one of...

Zimbabwe declares cholera 'an emergency'

2008-12-05 00:00:00

Authorities in Zimbabwe have declared a cholera outbreak that has killed more than 550 people to be a national emergency, state media reports, reports BBC .Health Minister David Parirenyatwa said hospitals were in urgent need of medicine, food and equipment...

Thai airports open as people wait

2008-12-05 00:00:00

BANGKOK, Dec 4 (AFP ) : Flights have resumed at Bangkok's international airport following the end of a week-long blockade by anti-government protesters, reports BBC.Thirty-six aircraft were scheduled to take off, 12 of which are international flights, but officials say...

news digest

2008-12-05 00:00:00

Taliban rocket attack kills policeman in NW Pakistan MIRANSHAH, Dec 4: Rockets fired by Taliban militants early Thursday killed a policeman and wounded three of his colleagues in a northwestern Pakistani town, police said — AFP. Top doctor witnesses Mumbai...

India tightens airport security

2008-12-05 00:00:00

NEW DELHI, Dec 4 (CNN): Indian authorities stepped up security at the nation's airports on Thursday after receiving intelligence reports that terrorists might be planning an air attack."There have been intelligence inputs about some terrorist activity, and therefore security has...

Deadly bombings kill 10 in Iraq

2008-12-05 00:00:00

BAGHDAD, Dec 4 (AFP): Two suspected suicide car bombs have exploded in the Iraqi city of Falluja killing at least 10 people and injuring dozens more, police have said, The attacks targeted two police positions, both of which were badly...

Single cancer cell 'poses danger'

2008-12-05 00:00:00

Cancer researchers may have underestimated the power of some cancers to spread and cause new tumours, say US researchers, reports BBC.They found just one skin cancer cell was often enough to generate a whole new tumour.The finding, published in the...

China, US join forces as world recession looms

2008-12-05 00:00:00

BEIJING, Dec 4 (AFP): US and Chinese officials joined forces today against the world financial crisis, vowing to ward off the threat of a world recession as major US automakers appeal to be rescued from bankruptcy. "Jointly dealing with the...