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Dhaka, Delhi agree to exchange information about terrorists

2007-10-26 00:00:00

Bangladesh and India Thursday agreed to exchange information about the terrorists, and reached a consensus on completing development works within 150 yards of the zero-line considering the interest of the local people across the common border, reports UNB.The consensus came...

Zillur demands reinvestigation in extortion case against Rehana

2007-10-26 00:00:00

Acting president of Awami League Zillur Rahman Thursday demanded reinvestigation in the extortion case against Sheikh Rehana, as "the case is false, fabricated and malafide," reports UNB.He said the investigation was "wrong" since the High Court, upon a writ petition,...

Oil prices head back toward $90

2007-10-26 00:00:00

NEW YORK, Oct 25 (Internet): Oil prices surged within touching distance of record highs after an unexpected fall in US crude stockpiles fanned winter supply fears. US light sweet crude added $1.62 to $88.72, having earlier touched $89, and is...

ADB wants govt to forge greater partnership with private sector

2007-10-26 00:00:00

FE ReportThe Asian Development Bank (ADB) wants the government to forge greater partnership with private entrepreneurs in promoting the country's power sector. To that end, the Manila-based lender has assigned PriceWater House Coopers (PwC), a global consultancy, to conduct a...

Taskforce camps at Titas Bhaban

2007-10-26 00:00:00

A team of the army-led special taskforce, engaged in the current anti-corruption drive, Thursday stormed into Titas Bhaban, and camped there to monitor the gas-marketing company's activities, as they have got complaints, reports UNB.Witnesses said, the taskforce troops, led by...

Arrest order issued against Hasnat Abdullah

2007-10-26 00:00:00

A Dhaka court Thursday issued an arrest order against AL leader and former chief whip Abul Hasnat Abdullah in a tax evasion case filed by the National Board of Revenue (NBR), reports bdnews 24.com. Assistant tax commissioner Md Shafiul Azam...

No decision yet on extension of deadline

2007-10-26 00:00:00

FE ReportFurther extension of individuals' tax return submission deadline is likely, in response to the requests that the National Board of Revenue (NBR) has earlier received from different quarters including individuals and trade bodies.However, no decision has yet been taken...

32 pro-reformist MPs show loyalty to Khaleda

2007-10-26 00:00:00

Some 32 MPs of BNP known as pro-reformists met with Secretary General Khandkar Delwar Hossain Thursday to demonstrate unity in the party and their unflinching loyalty to the leadership of Khaleda Zia who is now in jail on charge of...

Joint forces release Proshika chief, son

2007-10-26 00:00:00

Joint forces detained and then released Proshika chief Kazi Faruque Ahmed and his son early Thursday morning after raiding his home, reports bdnews24.com. They also raided the homes of former state minister Jahanara Begum and former Awami League lawmaker Rahmatullah...

Paulson backs India financial reforms

2007-10-26 00:00:00

Krishna Guha and Edward Luce FT Syndication ServiceWASHINGTON: Hank Paulson, the US Treasury Secretary, on Wednesday threw his weight behind plans to turn Mumbai into an international financial centre in a speech ahead of his first official visit to India...

Thai investment team due shortly

2007-10-26 00:00:00

A high-powered investment delegation from Thailand will visit Bangladesh shortly to explore possible investment opportunities in the country as Thai investors expressed their interest in this connection at a seminar in the Thai capital of Bangkok Wednesday. They consider Bangladesh...

Kuwait likely to ease curbs on Bangladeshi workers

2007-10-26 00:00:00

Bangladeshi workers of some categories in Kuwait will soon be able to change their jobs under the same sponsor as the Kuwaiti government has decided to withdraw restriction on transfer of residency. For instance, domestic workers can be transferred to...

Govt to bring back remains of Bir Shrestha Hamidur

2007-10-26 00:00:00

The government has moved to bring back to the country the remains of Liberation War martyr Bir Shrestha Hamidur Rahman from the Indian state of Tripura. Liberation War Affairs Adviser MA Matin told reporters after a meeting in the ministry...

Primary inquiries find nothing against Khaleda

2007-10-26 00:00:00

Primary inquiries of the Anti-Corruption Commission (ACC) found nothing to prove allegations of corruption against detained former Prime Minister Khaleda Zia involving Magurchara gas-field and Occidental Oil and Gas Corporation, and lease of Phulbari coal-mine to Asia Energy, reports UNB."The...

BGMEA eyes $18b export in next 3 years

2007-10-26 00:00:00

Setting an export target of ready-made garment (RMG) worth $15-18 billion dollars in the next three years, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is going to hold its three-day apparel and textile exhibition in the city on November 15,...

BTTB reduces call charges, line rents

2007-10-26 00:00:00

FE ReportThe Bangladesh Telegraph and Telephone Board (BTTB) Thursday reduced various call charges and line rents for the benefit of its customers, said a BTTB press statement.The decision on the change in call charges will be effective from November 1...

BB branch offices asked to hold meetings of banks-trade bodies

2007-10-26 00:00:00

FE Report The Bangladesh Bank (BB) Thursday asked its seven branch offices to arrange meetings with the commercial banks and local trade bodies aiming to increase competition in import through encouraging small importers. The central bank took the move in...

Stocks bounce back after three days of fall

2007-10-26 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Thursday bounced back after three days of fall due to profit-taking by investors.Market operators said prices of shares mainly gained on the day when the investors came with huge fund after...

Pilot project of voters' list with photo, ID card begins in city

2007-10-26 00:00:00

Work on the pilot project for preparing voters' list with photograph and national identity (ID) card at Dania under Shyampur thana of the city began Thursday, reports UNB.Chief of General Staff of Army Major General Sina Ibn Jamali inaugurated the...

China's economic boom goes on

2007-10-26 00:00:00

Richard McGregor FT Syndication ServiceBEIJING: China's economy maintained its rapid growth in the third quarter, expanding by 11.5 per cent, leaving it on track to grow by its fastest annual rate since the 13.1 per cent pace achieved in 1993.The...

Dollar stable, call rate steady

2007-10-26 00:00:00

FE ReportThe US dollar was steady against the Bangladesh taka (BDT) on stable demand Thursday in the inter-bank foreign exchange market, fund managers said.The inter-bank call money also remained unchanged in an active market despite withdrawal of cash through reverse...

Qazi Azad's chehlum today

2007-10-26 00:00:00

FE Report Chehlum of Qazi Huamyun Azad Bakhsh, the senior editorial consultant of the Financial Express and former acting chairman of the Bangladesh Tariff Commission, will be held today (Friday).The chehlum will be held after Asr prayer at the deceased's...

Advisers to discuss national security council soon: Matin

2007-10-26 00:00:00

Communications Adviser MA Matin Thursday said the interim cabinet would soon discuss formation of a national security council, reports bdnews24.com. "The issue of formation of a national security council will soon be presented in the meeting of the council of...

Five kg Yaba tablets seized, two arrested

2007-10-26 00:00:00

The Rapid Action Battalion (RAB) Thursday arrested two persons, including a nephew of businessman Aziz Mohammad Bhai, and recovered nearly five kilogrammes of Yaba tablets and other drugs from their possession, reports bdnews24.com. RAB's legal and media wing director Commander...

DPRK to beat N-disablement deadline

2007-10-25 00:00:00

SEOUL, Oct 24 (AFP): North Korea is likely to disable its plutonium-producing nuclear reactor well before the year-end deadline set under a multinational deal, a senior South Korean official said Wednesday. The hardline communist state "has a clear will for...

Simultaneous bombings kill 8 in Baghdad

2007-10-25 00:00:00

BAGHDAD, Oct 24 (AP): Nearly simultaneous bombs struck commuters in a predominantly Shiite area on the southeastern edge of Baghdad Wednesday, killing at least eight people and wounding two dozen, police and hospital officials said. The two blasts, which occurred...

More than half a million flee California wildfires

2007-10-25 00:00:00

LOS ANGELES, Oct 24 (AFP): More than half a million people were ordered to evacuate their homes in southern California as wind-driven wildfires raged for a fourth day Wednesday, razing communities and threatening to overwhelm exhausted firefighters. At least one...

Myanmar activists launch day of demonstrations

2007-10-25 00:00:00

BANGKOK, Oct 24 (AFP): Myanmar activists protested Wednesday outside China's embassy in Bangkok to demand freedom for Aung San Suu Kyi, kicking off a day of rallies planned worldwide in support of the detained democracy leader. About 20 people carried...

Bush to seek global fund for Cuba democracy

2007-10-25 00:00:00

WASHINGTON, Oct 24 (AFP): US President George W. Bush Wednesday will urge countries that do business with Cuba to reconsider, and call for a global fund to promote democracy there after Fidel Castro is gone. Bush will use a speech...

Morocco wants closer ties with EU

2007-10-25 00:00:00

MARRAKESH, Oct 24 (AFP): King Mohammed VI said Tuesday that Morocco wants an "advanced status" with the European Union, calling upon France to help push its European partners to grant his north African country closer ties. "The European Union's policy...