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Norway hails PM, Govt for quick, peaceful solution to BDR crisis

2009-03-05 00:00:00

The government of Norway has praised Prime Minister (PM) Sheikh Hasina and the government for "quick and peaceful" solution to the February 25-26 crisis in BDR headquarters at Pilkhana, reports UNB.Ambassador of Norway in Dhaka Ingebjorg Stofring during a meeting...

'Chartered secretaries act' to be enacted

FE Report | 2009-03-05 00:00:00

The parliament will hopefully enact the 'chartered secretaries act' in its next session paving the way to develop the corporate management in the country.Commerce minister Mohammad Faruk Khan disclosed this Tuesday when a delegation of Institute of Chartered Secretaries and...

Hearing on 5th amendment suspended

2009-03-05 00:00:00

The Supreme Court (SC) has suspended for four weeks hearing of an appeal against a High Court (HC) verdict that declared the fifth amendment to the Constitution illegal, reports bdnews24.com.A full five-strong bench of the Appellate Division, led by the...

Delhi 2010 Games to 'go ahead'

2009-03-05 00:00:00

SYDNEY, Mar 4 (AFP): Australia's Commonwealth Games chief said Wednesday there was no reason to call off the 2010 Delhi Games in the wake of an attack on Sri Lanka's cricket team in Pakistan.At least eight people died and seven...

Info on BDR mutineers sought

2009-03-05 00:00:00

People have been requested to inform the Army Headquarters control room, apart from the nearest police station, about the runaway BDR rebels from the Bangladesh Rifles Headquarters and different camps, reports agencies."Confidentiality of the informers will be protected," said an...

Price of rice down; edible oil, chicken high in Tangail

Our correspondent | 2009-03-05 00:00:00

TANGAIL, Mar 4: Price of rice came down while other essential commodities like edible oil, chicken, eggs, pulses and sugar were maintaining a high trend in the district over the last two weeks.While visiting different markets of the district, this...

BB purchases $17m more from five PCBs to keep market stable

FE Report | 2009-03-05 00:00:00

The central bank purchased $17 million more Wednesday from five private commercial banks (PCBs) to keep the interbank foreign exchange market stable.'We've bought the US dollars from the PCBs at Tk 68.92 per unit to help the banks comply with...

Carnage at BDR HQs: many unanswered questions

Shama Obaed | 2009-03-05 00:00:00

After a democratic government has been elected in the country and the countrymen were becoming optimistic about country's future, this dreadful and disastrous event that took place on the 25th of February at the BDR headquarters in Pilkhana is totally...

IBCF reelects chairman

2009-03-05 00:00:00

Chairman of the board of directors of Islami Bank Bangladesh Limited (IBBL) Prof Abu Nasser Muhammad Abduz Zaher has been re-elected chairman of the Islamic Banks Consultative Forum (IBCF) for the next year while Chairman of the board of directors...

Call rate steady, dollar gains ground

FE Report | 2009-03-05 00:00:00

The inter-bank call money rate was steady Wednesday due to injection of fresh cash into market through repurchase agreement (repo). The US dollar, however, gained ground against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of pressure on...

Abu Yusuf new VC of CU

Our Correspondent | 2009-03-05 00:00:00

CHITTAGONG, Mar 04: Dr Abu Yusuf Alam, professor of the department of Islamic History and Culture, has been appointed new Vice-Chancellor of Chittagong University (CU).Dr Abu Yusuf has replaced preceding VC Prof Badiul Alam.Dr Alauddin, professor of the department of...

Nestl

FE Report | 2009-03-05 00:00:00

Nestl

Lenders pull back from financing global merchandise trade

From Fazle Rashid | 2009-03-05 00:00:00

NEW YORK, March 4: The global merchandise trade is worth $13.6 billion dollar. And at the best of times banks used to finance upto 90 per cent of the trade. Lenders pulled back sharply when the credit crunch hit the...

Myanmar to auction some state-owned business undertakings in Yangon

2009-03-05 00:00:00

YANGON, Mar 4 (Xinhua): The Yangon municipal authorities of Myanmar will hold auction of rental options on some state-owned business undertakings and tender of some old- aged state-owned vehicles in the former capital in the second week of this month,...

Civilian deaths, grieving families overlooked

2009-03-05 00:00:00

No official authorities have been in touch to help Rashida Begum, whose husband Amjad Ali, 52-year old construction worker, was killed by a stray bullet on February 25 in the early hours of the BDR mutiny, reports bdnews24.com."I had seen...

DAE holds three-day agri fair in Gopalganj

Our Correspondent | 2009-03-05 00:00:00

GOPALGANJ, Mar 4: A three-day agriculture fair was held in the Shilpakala Academy premises in the town recently.The fair was organised by the Department of Agriculture Extension (DAE), Gopalganj.Deputy Commissioner of Gopalganj SM Asfaque Hossain inaugurated the fair as chief...

JS body finalises "Right to Info Bill"

2009-03-05 00:00:00

A meeting of the Parliamentary Standing Committee on Ministry of Information Wednesday finalised the report on "Right to Information Bill-2009" after a detailed discussion in the cabinet room of the Jatiya Sangsad.Committee Chairman Obaidul Quader chaired the meeting, a Jatiya...

Paradox and uncertainties of US economy

A.F.M. Mainul Ahsan | 2009-03-05 00:00:00

OF late, the US market is acting weirdly. It is really a paradox. Though different macroeconomic indexes, e.g., rate of unemployment, consumption, manufacturing, consumer confidence index, Chief Executive Officer (CEO) confidence index etc., are showing some red flags about the...

A salute to the comrade-in-arms

2009-03-05 00:00:00

Air Commodore Muhammad Zakiul Islam ndu acsc (Retd)YET another pleasant February (Falgun) Morning has been smeared with the blood of the Martyrs. The tragedy that this nation had witnessed fifty seven years ago brought us glory, freedom and statehood. No...

Commemorating the language martyrs

Nazrul Islam | 2009-03-05 00:00:00

EACH year Bangalis throughout the world observe the Language Martyrs Day on February 21, to commemorate the martyrs of the Language Movement of 1952. The supreme sacrifice of the valiant heroes glorified Bangla language and culture and established Bangla as...

Emirates SkyCargo declares 2009 expansion plan

FE Report | 2009-03-05 00:00:00

Emirates Airline recently unveiled plans to grow the number of flights across its network by 14 per cent in 2009, increasing cargo capacity by 17 per cent, said a press release.In the next 12 months, Emirates SkyCargo will take delivery...

Tk 1.5m Aus help in health, water dev work

2009-03-05 00:00:00

The Australian High Commissioner (HC) in Bangladesh Dr Justin Lee Tuesday gave away two cheques worth Tk 1.50 million (15 lac) to two NGOs doing important development work in the health and clean water sectors in Bangladesh, said a press...

Shoaib left out of Bangladesh tour

2009-03-05 00:00:00

Pakistan have left out Shoaib Akhtar from the 16-man squad for the tour of Bangladesh, which starts with a Twenty20 international on March 10.The selectors have included three uncapped players to have impressed on the domestic circuit this season -...

C'nawabganj thana blast kills child

2009-03-05 00:00:00

CHAPAINAWABGANJ, Mar 4 (UNB): Bomb explosion on the premises of sadar thana in the frontier town left a police inspector's son dead and two other children injured Wednesday noon.Police said three children, two of them sons of two Assistant Sub...

Protectionism to complicate global financial crisis

2009-03-05 00:00:00

NEW DELHI, Mar 4 (PTI): As the US moves towards eliminating tax benefits for American firms outsourcing jobs to foreign countries, India yesterday said protectionist steps by developed nations would complicate the global financial crisis."Developed countries should not resort to...

911mw electricity to be added to nat

2009-03-05 00:00:00

Prime Minister Sheikh Hasina Wednesday told the Jatiya Sangsad (JS) that about 911 megawatt (mw) electricity would be added to the national grid by June this year, reports BSS.In addition to this, 960mw electricity would be added to the national...

A fascile win for Water Dev Board

2009-03-05 00:00:00

Bangladesh Water Development Board earned a facile straight sets victory over Fire Service and Civil Defence (25-22, 25-13, 25-17) in the National Bank Metropolis Premier Division Volleyball League at the Dhaka Volleyball Stadium Wednesday, reports UNB.Earlier, on Tuesday, Bangladesh Police...

Asian stock markets bounce back

2009-03-05 00:00:00

HONG KONG, Mar 4 (Internet): Asian stock markets rebounded Wednesday as hopes China would expand measures to revive its economy countered growing signs of economic decay in the US and other major countries. European shares also gained.The upward move followed...

Bad behaviour with female passengers

2009-03-05 00:00:00

THERE is a prevailing phenomenon and this is the bad behaviour by rickshaw-pullers, drivers of CNGs, taxis or even conductors of buses, with female passengers, from girls to older women.Why do these people behave so boorishly with womenfolk? When I...

Israel a 'cancerous tumor, ' holocaust a 'big lie' : Iran

2009-03-05 00:00:00

Iran's leader said Wednesday that President Barack Obama is pursuing the same "wrong path" as his predecessor George W. Bush in supporting Israel and described the Jewish state as a "cancerous tumor", report agencies.The comments by Supreme Leader Ayatollah Ali...