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Zillur-led team to join EC dialogue tomorrow

2007-11-03 00:00:00

Only Awami League presidium members, led by acting president Zillur Rahman, will participate in the Election Commission-sponsored dialogue on reform issues tomorrow (Sunday), reports UNB.The party earlier decided that the 21-member sub-committee, formed to thoroughly review the EC's draft proposals...

Hannan Shah, Hafiz accuse each other of Zia killing

2007-11-03 00:00:00

In a new twist to Bangladesh Nationalist Party (BNP) politics, BNP chairperson's Adviser Hannan Shah and acting Secretary General Hafizuddin Ahmed accused each other of the killing of President Ziaur Rahman in 1981.Both the BNP leaders also challenged each other...

Gulf move quells dollar-peg talk

2007-11-03 00:00:00

Simeon Kerr in Dubai and Roula Khalaf in London, FT Syndication ServiceGulf states last Thursday cut some interest rates in a move that generally tracked the US Federal Reserve's 25 basis points cut, undermining speculation that these oil-exporting economies may...

CCC to re-excavate 22 canals to free city from water logging

2007-11-03 00:00:00

CHITTAGONG, Nov 2: Chittagong City Corporation (CCC) will re-excavate at least 22 canals including the Chaktai canal soon as part of its efforts to free the city from severe water logging. The CCC has undertaken a plan to rebuild the...

31 held from city bars at midnight

2007-11-03 00:00:00

Rapid Action Battalion (RAB) arrested 31 people, including two women, from two bars in the city's posh Gulshan area midnight Thursday. As part of their on-going anti-drug operation, a team of RAB-1 raided Fu Wang Bar and All Community Club...

2.5 kg gold seized in Narayanganj

2007-11-03 00:00:00

NARAYANGANJ, Nov 2: Police arrested a man along with 2.5 kg gold worth about Tk 5.0 million (50 lakh) from the Meghna Toll Plaza area under Sonargaon Upazila Thursday midnight. Acting on a tip-off, police halted a Dhaka-bound bus coming...

2.5 kg gold seized in Narayanganj

2007-11-03 00:00:00

NARAYANGANJ, Nov 2: Police arrested a man along with 2.5 kg gold worth about Tk 5.0 million (50 lakh) from the Meghna Toll Plaza area under Sonargaon Upazila Thursday midnight. Acting on a tip-off, police halted a Dhaka-bound bus coming...

Implementation of foreign-aided projects poor

2007-11-03 00:00:00

FHM Humayan KabirSome project executing agencies have performed badly in implementation of foreign-aided projects as only 5.835 per cent of fund was utilised during the first four months of the current fiscal.The development partners disbursed only small amount of aid...

Bangladesh seeks int'l support for recovery of ill-gotten resources

2007-11-03 00:00:00

Bangladesh called upon the international community to provide their support to the country for recovery of ill-gotten resources that remained abroad.Ambassador and Permanent Representative of Bangladesh to the United Nations (UN) Ismat Jahan made this call while she was delivering...

Frenchman takes IMF helm with promise of reform

2007-11-03 00:00:00

WASHINGTON, Nov 2 (Reuters): Frenchman Dominique Strauss-Kahn took the reins of the International Monetary Fund yesterday under pressure to give emerging economies like China a bigger say in the global financial institution. A former French Socialist finance minister, Strauss-Kahn (58)...

Ten killed as missile hits Pak militant camp

2007-11-03 00:00:00

MIRANSHAH (Pakistan), Nov 2 (AFP): A missile strike on a pro-Taliban militant camp in Pakistan's tribal belt killed 10 people Friday, as rebels in another area paraded 48 men said to be troops captured during fierce clashes. The unrest heightens...

Thousands of irregular Bangladeshi workers in UAE might face punishment

2007-11-03 00:00:00

Naim-Ul-KairmThousands of irregular Bangladeshi workers in the UAE who will be failing to leave that country within the deadline that expires today (Saturday) might face punishment for violating the order. There are an estimated 60,000 irregular Bangladeshi workers in the...

Fuel retailers warn of threat to Indian jobs

2007-11-03 00:00:00

Joe Leahy, FT Syndication ServiceMUMBAI: For a direct illustration of the cost of fuel subsidies in India, one need only look at the disaster that has befallen private sector petrol pump operators in the country.In August, frustrated by the government's...

Price correction dominates after a long rally

2007-11-03 00:00:00

FE ReportThe stock prices witnessed 'correction' in the week ended Thursday as investors cashed in their profits after the rally of the prices that lasted for weeks.Due to the correction, the market was in a bearish mood in all the...

developments in the region and abroad

2007-11-03 00:00:00

Oil nears $94 but off highsSINGAPORE, Nov 2 (Reuters): Oil rose to near $94 Friday, recovering from overnight falls due to funds selling on weakness in global equity markets, and traders were looking to strong Asian demand to counter concerns...

US grains tumble, declines in crude oil set tone

2007-11-03 00:00:00

CHICAGO, Nov 2 (Reuters): US grain prices fell sharply yesterday, with Chicago Board of Trade wheat futures tumbling more than three per cent on disappointing exports and bearish technical signals, traders said. Spillover pressure from other commodity markets added to...

Conundrum of fertiliser price and its supply

2007-11-03 00:00:00

Newspapers and electronic media often carry reports on how the fertiliser-hungry farmers wait for long hours and even days in queue in front of the dealers' shop to get fertiliser during cropping seasons. This common sight points to a kind...

Rating privately offered higher education

2007-11-03 00:00:00

Ghulam MohammadTHE privately run centres of higher education are, in many cases, found to be deficient in respect of quality. The inadequacies of a good number of private universities are too well known. There is no need to repeat them...

Justice delayed is justice denied

2007-11-03 00:00:00

Nasim AhmedMANY litigants find no use for the delayed judgements coming as they do with hundreds of thousands of cases remaining pending in the lower courts for years. Completion of the appeal process similarly requires another long and indefinite waiting....

India's hotelier with an eye for the unconventional

2007-11-03 00:00:00

Amy YeeWhen Priya Paul took the reins of Park Hotels in 1990, India's hospitality industry was "in the dumps", she says. "We were faced with lots of empty hotels." Before the country's economic reforms of 1991 ushered in an era...

Skill training

2007-11-03 00:00:00

The government needs to set up skill training centres throughout the country, at its own cost, to train as many people as possible in diverse skills. The establishment of such institutions should be viewed as investment to get, in the...

Potential for export diversification

2007-11-03 00:00:00

BANGLADESH has earned a good amount of foreign exchange by exporting fruits since the entry of related items to its export basket. This is one area of non-traditional export goods. On its part, Thailand earns several billion US dollars a...

Corruption in WASA

2007-11-03 00:00:00

Dhaka WASA collects Tk. 13.00 for supplying one cubic meter of water in case of domestic consumers while this rate is Tk. 42.00 in case of commercial consumers. It supplies water through one water meter to one building, comprising different...

Promoting more civilised police methods

2007-11-03 00:00:00

Mohammed HossainIN both new and mature democratic societies, police remain under growing pressure from citizens not only to control crime but also to fairly treat suspects. In theory, the police are the most visible instrument of enforcement of the law...

Why are the voters non-chalant in Bangladesh?

2007-11-03 00:00:00

Badrul IslamTHE caretaker government should facilitate reforms of political parties and transfer power to the elected government by holding polls. Turkey overcame, through recent elections, a political crisis that grew because the military and the opposition party had blocked then...

Dealing properly with students

2007-11-03 00:00:00

Laila Noor'STUDENTS stop attending a school in Barisal for punishing a female schoolmate by stripping her naked,' reads a headline in a national daily. This news must have caused panic among many guardians of school-going children. Undoubtedly, they will be...

Effect of lower prices felt in developing world

2007-11-03 00:00:00

Alan BealtieTHE effects of the farm bill are felt well beyond the borders of the US, largely in lower prices for subsidised basic commodities such as rice, corn and cotton that might benefit consumers but undercut farmers in other countries,...

Khaleda declared Saifur-Hafiz committee illegal, claims Rizvi

2007-11-03 00:00:00

Detained BNP chairperson Khaleda Zia has reportedly urged the party leaders and workers to remain united under Khondoker Delwar Hossain whom she had appointed BNP secretary general, reports UNB.Talking to reporters at his Dhaka Housing apartment at Adabar in the...

Jail Killing Day to be observed today

2007-11-03 00:00:00

The 31st anniversary of the jail killing of four national leaders and Liberation War heroes will be observed today (Saturday), reports UNB.On this day in 1975, Syed Nazrul Islam, acting president of Bangladesh provisional government in 1971, Tajuddin Ahmed, prime...

WP speaks of ways to ban religion-based parties

2007-11-03 00:00:00

The Election Commission (EC) can bar religion-based parties from getting registered even without a major policy decision by the government, the Workers Party (WP) said Friday, reports bdnews24.com. If the Commission follows the preamble of the Constitution, Representation of the...