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Banks urged to implement more CSR programmes

2008-11-30 00:00:00

FE ReportBangladesh Bank governor Dr. Salehuddin Ahmed has called upon the bankers to come forward to discharge their corporate social responsibility (CSR) by implementing social welfare programmes in the country.Dr. Salehuddin Ahmed made the call at a discussion organized by...

AL changes nominations for 13 seats

2008-11-30 00:00:00

Awami League has had a change of heart over nominations to thirteen constituencies a day before the deadline for nomination paper submission for the ninth parliamentary polls, those receiving nomination letters have said, reports bdnews24.com. AL replaced previous nominations for...

Tata blasts govt for failing to take lessons from past

2008-11-30 00:00:00

From Fazle RashidNEW YORK, Nov 29: Ratan Tata, icon of India's corporate world and the owner of the century old luxury Taj Mahal hotel which was under the terrorist siege blasted the Congress-led Union government of India for its pathetic...

Khaleda to run from three seats; Saifur, SQ Chy from two each

2008-11-30 00:00:00

The BNP parliamentary board has nominated chairperson Khaleda Zia to contest the upcoming Jatiya Sagsad (JS) elections from Feni-1, Bogra-6 and Bogra-7 constituencies, a BNP announcement has said on Saturday. The announcement that came from the BNP chairperson's Gulshan office...

Army deployment for polls duty from Dec 24

2008-11-30 00:00:00

Election Commissioner M Sohul Hussain said Saturday army would be deployed across the country from December 24 to ensure security ahead of the 9th parliamentary election slated for December 29. "Army will remain deployed until December 31, two days after...

No worry over Ctg port security, says Home Adviser

2008-11-30 00:00:00

CHITTAGONG, Nov 29: Home Adviser Maj Gen MA Matin Saturday said there is nothing to be worried about the security of Chittagong Seaport, as its security system is of international standard. The Adviser, who is also in-charge of the Shipping...

Banks should be 'invited to give indicative rates for DIBOR'

2008-11-30 00:00:00

Siddique Islam Banks should be invited to provide indicative rates for introducing Dhaka Inter-bank Offered Rate (DIBOR) as the country's benchmark interest rate in financial market. This has been recommended by a committee of the Bangladesh Foreign Exchange Dealers' Association...

BERC to announce gas price hike today

2008-11-30 00:00:00

FE ReportThe Bangladesh Energy Regulatory Commission (BERC) is set to announce the gas price hike in the range between 10 per cent and 15 per cent for all types of consumers today (Sunday), officials saidThe new gas tariff will, however,...

Business-friendly car import policy demanded

2008-11-30 00:00:00

FE Report BARVIDA urged the government to introduce a business-friendly policy for car import, saying it will stop all misunderstanding between the importers and the government, and ensure competitive prices for the old cars. Leaders of Bangladesh Reconditioned Vehicles Importers...

Standoff disrupts Thai economy and travel industry

2008-11-30 00:00:00

BANGKOK, Thailand (AP) - Police built a massive cordon around anti-government protesters occupying Thailand's main airport Saturday, raising fears of an imminent confrontation in a standoff that has disrupted the country's economy and the travel industry worldwide.Protesters calling themselves the...

SEC urged to keep bourses closed during Dec

2008-11-30 00:00:00

FE Report A group of investors Saturday urged the Securities and Exchange Commission (SEC) to keep the share markets closed during the month of December, arguing that such a step would help halt downward trend of share prices. In a...

Debate over GDP growth projections

2008-11-30 00:00:00

Late last week, the government and the central bank reacted sharply to the latest World Bank (WB) projection of country's economic growth for the current fiscal year in the backdrop of the global financial meltdown and the consequent recession in...

Diversifying manpower export market

2008-11-30 00:00:00

Shahiduzzaman KhanGLOBAL economic slowdown appears to have a negative impact on Bangladesh's manpower export sector. Employment prospects in Saudi Arabia, the single largest destination for thousands of overseas job seekers, has shrunk since July last as Riyadh has almost halted...

Mental disorders as a conflict of genes

2008-11-29 00:00:00

Syed Fattahul AlimMind was once thought to be an entity that is separate and independent from the body. This view of the body-mind duality led to the developments of the philosophies of the past. Who controls whom in this body-mind...

Ethics must stay high on the agenda

2008-11-29 00:00:00

New Look chairman Phil Wrigley called on the industry to make a greater effort in terms of ethics at last week's Drapers Fashion Summit 2008. Here is an extract from his speech. Today, people do the right thing for all...

Unleash the investment risk watchdogs

2008-11-29 00:00:00

Stuart ButlerWashington has already spent $350 billion trying to stabilize the housing and financial markets, and it's still trying to figure out how on earth we got into this mess in the first place. One of the biggest puzzles is...

Mumbai carnage: India to watch its steps

2008-11-29 00:00:00

Enayet RasulUndoubtedly, the blood-letting in Mumbai is similar to the demolition of the Twin Towers in the USA that started a train of events causing great angst in international relations, the rapid decline of the image of the US and...

Mumbai attacks: Who are the terrorists?

2008-11-29 00:00:00

The identity of the terrorists behind the Mumbai atrocities in India remains unconfirmed officially. But experts have agreed that they appeared to combine local grievances and international inspiration. A previously unknown group calling itself Deccan Mujahideen has claimed responsibility for...

Food grain procurement and food security

2008-11-29 00:00:00

The aman rice procurement from the farmers by the government was launched from Tuesday. The target of this drive is to procure some 0.15 million tonnes of aman rice and 75 thousand tonnes of aman paddy from the farmers. The...

A plan for Dhaka city's regeneration

2008-11-29 00:00:00

Khondkar Abdus SalequeBangladesh's capital Dhaka is already a mega city in the context of population density. The city is about one-fourth the size of Melbourne and one sixth of Sydney but it has a population of over 14 million. Australia...

Keeping private sector on the investment path

2008-11-29 00:00:00

Ferdous AlamTHE smaller the role of the government in the economy, the better the prospect for efficient use of scarce resources for development goals. Following this principle, Bangladesh has been striving to achieve private sector-led economic growth over last two...

Need for policy for overseas shipping agents' operation

2008-11-29 00:00:00

Ibne Sakhawat Recently, some national dailies published reports on employment of foreigners in local shipping business by way of what they said flouting the law of the land.The shipping companies are taking a large amount of money through the foreigners...

The shadowy world of the assassin

2008-11-29 00:00:00

EVERY now and then we read about the murder of individuals by criminals. These are contract killings, that is, someone has paid for the murder of a fellow citizen. Or, a person has refused extortionists before he or she that...

Online banking for common clients

2008-11-29 00:00:00

Online banking has recently been getting attention. Almost all banks have introduced mid-to-wide range internet-based banking products and activities for their different kinds of clients. Bangladesh Bank has a donor-funded special programme to keep the financial institutions updated with the...

The price of greed

2008-11-29 00:00:00

GKM Towfique HassanIn the film "Wall Street," the Villain started a speech with the world "Greed is Good". At that time it was accepted to be the most charitable explanation towards the reaffirmation of Adam Smith's economic philosophy. In the...

Never shall we forget this period of rule

2008-11-29 00:00:00

Md. Momin UddinWhile the previous caretaker governments were constitutionally bound to arrange national elections within three months of their formation, the present caretaker government took over with a declaration that they would take two years to hold the ninth parliamentary...

Indian commandos free 200 after attacks

2008-11-29 00:00:00

MUMBAI, Nov 28 (Agencies): More than 200 people were freed from Mumbai's Oberoi-Trident hotel complex as Indian commandos attempted to root out as many as six terrorists still in the Taj Mahal Palace and Tower hotel, police said. An operation...

Thai protesters vow fight to death

2008-11-29 00:00:00

BANGKOK, Nov 28 (agencies): Thai opposition protesters occupying Bangkok's two main airports say they are prepared to defend themselves against any police operation.A protest leader at the domestic Don Mueang airport said the demonstrators would "fight to the death".Emergency rule...

13,000 Congolese flee to Uganda

2008-11-29 00:00:00

Some 13,000 people have fled into Uganda from a rebel advance in the Democratic Republic of Congo in just two days, the UN refugee agency says, report agencies. Some 250,000 people have fled their homes because of the recent upsurge...

Pak president blames 'non-state actors' for Mumbai attack

2008-11-29 00:00:00

ISLAMABAD, Nov 28 (Reuters): Pakistani President Asif Ali Zardari telephoned India's prime minister Friday to condemn attacks in the Indian city of Mumbai that killed at least 121 people and suggested "non-state actors" were responsible.Gunmen raided several places in India's...