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ERD alleges rules of business violation

2007-10-23 00:00:00

FE Report The economic relations division (ERD) has revealed that some ministries and divisions were directly negotiating with the donor agencies and countries to release development aid and grants bypassing it, sources said.These ministries and divisions not only negotiate and...

Taskforce starts probing DCC irregularities

2007-10-23 00:00:00

A special taskforce Monday started probing irregularities at Dhaka City Corporation (DCC), reports bdnews24.com. The taskforce would run its operations through a special cell set up in the DCC, it was agreed at a meeting Monday at the DCC. Mayor...

Outgoing NBR chief decides to retire voluntarily

2007-10-23 00:00:00

FE ReportThe outgoing chairman of National Board Revenue (NBR) Badiur Rahman Monday decided to go on voluntary retirement 21 months before his retirement is due.The immediate past NBR chairman disclosed his decision while transferring the charge to the new chief...

New chief to focus on boosting tax revenue collection

2007-10-23 00:00:00

FE ReportThe new Chairman of National Board of Revenue (NBR), Mohammad Abdul Majid, has said he will focus on boosting tax revenue collection while keeping the need for overcoming the adverse impact of the flood on the economy, into consideration....

KU reopens today, CU tomorrow, DU, RU Oct 28

2007-10-23 00:00:00

Khulna University reopens today (Tuesday), Chittagong University (CU) tomorrow (Wednesday), while Dhaka University (DU) and Rajshahi University (RU) on October 28 after three months. Residential halls of CU were opened Monday amid tight security. The law-enforcers checked ID cards of...

Biman starts Hajj flight Nov 12

2007-10-23 00:00:00

Biman Bangladesh Airlines will start carrying the Hajj pilgrims from November 12, an official said Monday. Religious Affairs Ministry Secretary Ataur Rahman said, Biman would complete its job of carrying the pilgrims to Kingdom of Saudi Arabia (KSA) on December...

Four senior officers transferred

2007-10-23 00:00:00

AKM Nesaruddin Bhuiyan has been transferred as director of Bangladesh Textile Mills Corporation (BTMC), and Hari Manika Datta as director of Jute Directorate. Besides, Mohammad Khurshid Alam, member of Handloom Board has been transferred as member of Bangladesh Land Ports...

Construction of Banani-Gulshan bridge starts

2007-10-23 00:00:00

The construction of a bridge for connecting the Road Number-11 of Banani with the Road Number-41 of Gulshan to reduce traffic congestion in the city began Monday. The construction the 90-metre four-lane bridge will be completed by next year with...

New records in market cap, turnover, indices

2007-10-23 00:00:00

FE ReportStock prices led by banking sector and insurance issues continued to surge amid a buying onslaught Monday on the Dhaka Stock Exchange (DSE) setting new records in total market capitalisation, turnover and indices.The total market capitalisation and daily turnover,...

Banks may be given more time to raise paid-up capital

2007-10-23 00:00:00

Siddique Islam The commercial banks are likely to be allowed time to raise their total capital - paid up and reserve capital - to Tk 2.0 billion from the existing Tk 1.0 billion until June 2009, official sources said. The...

Significant rise in apparel export unlikely this fall

2007-10-23 00:00:00

Jasim Uddin Haroon Local apparel exporters do not expect any significant rise in apparel export orders this fall mainly due to the abnormal rise in fuel oil prices and the huge inventory of the major global retailers. The local ready-made...

UAE may not hire manpower from abroad thru' agents

2007-10-23 00:00:00

FE Report The United Arab Emirates (UAE), one of the largest destinations of Bangladeshi overseas job seekers, is planning to end hiring manpower from abroad through recruiting agencies."The measure was being mulled to curb exploitation of workers," said a report...

Inter-ministerial meeting on Padma Bridge today

2007-10-23 00:00:00

FE ReportAn inter-ministerial meeting will be held today (Tuesday) to discuss the conditions of the Asian Development Bank (ADB) and strategies of loan negotiation with the multilateral capital donor for preparing a detailed design of the Padma Bridge.The multilateral donor...

Pakistan to ban street marches

2007-10-23 00:00:00

Farhan Bokhari Lahore: Pakistan's government plans to enforce new laws banning political marches on the streets during the upcoming election season in the wake of last week's devastating bomb blasts in Karachi that wrecked opposition leader Benazir Bhutto's homecoming parade...

Inquiry officers against 11 corruption suspects appointed

2007-10-23 00:00:00

The Anti-Corruption Commission (ACC) has appointed 11 primary inquiry officers against 11 corruption suspects out of the 35 on the Commission's fourth list, reports UNB.The 11 suspected corrupts are Dhaka City Corporation mayor Sadek Hossain Khoka, Awami League (AL) presidium...

High-powered team to visit 3 Nordic states next month

2007-10-23 00:00:00

FE Report The government is sending a high-powered delegation to three European countries in the first week of next month to explore the potentials of exporting manpower and boosting trade, commerce and investment, diplomatic sources said.They said the delegation to...

Dollar, call rate steady

2007-10-23 00:00:00

FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with moderate demand for the greenback, fund managers said.The inter-bank call money rate also remained steady in an active market.The exchange rate...

Plan to appoint fertiliser dealers in unions shelved temporarily

2007-10-23 00:00:00

Naim-Ul-KarimThe government has shelved for the time being its plan to appoint fertiliser dealers at the union level before the next Boro season. The plan was aimed at ensuring proper distribution of fertiliser and avert any supply shortfall of the...

science briefing

2007-10-23 00:00:00

Genetic clues to why we overeatRebecca Knight, FT Syndication ServiceScientists have discovered one likely reason some people eat to live and others live to eat.Researchers at the University at Buffalo in New York have found that people with genetically lower...

Executive magistrates to get temporary judicial power

2007-10-23 00:00:00

Law adviser Mainul Hosein Tuesday said executive magistrates will be given temporary judicial power in some specific cases until the rules on separation of the judiciary were amended. Judicial power will be given to the executive magistrates in specific cases...

Home of Justice Fazlul Huq raided

2007-10-23 00:00:00

Joint forces raided the home of former caretaker government adviser Justice Fazlul Huq in a five-hour operation that ended early Tuesday. No arrest was made. The security forces arrived at the former judge's flat of Al Baraka Tower in Dhaka...

CJM court to start functioning in hilldists from Nov 1

2007-10-22 00:00:00

BANDARBAN, Oct 21 (UNB): Vacuum in the judges' court in three hill districts of Rangamati, Khagrachhari and Bandarban will continue when separation of the judiciary will be effective from November 1.Officials said Chief Judicial Magistrate (CJM) court would start operating...

President, wife, host reception for Hindu community

2007-10-22 00:00:00

On the occasion of Durga Puja, the largest religious festival of the Hindus, President Iajuddin Ahmed and his wife Dr Anwara Begum hosted a reception for the members of the Hindu community at Bangabhaban Sunday, reports UNB.Diplomats, including the High...

Voters' list preparation work to begin in Bandarban today

2007-10-22 00:00:00

BANDARBAN, Oct 21 (UNB): Work on preparing voters' list with photograph and ID card will begin in the district today (Monday).The work will formally start with enlisting the name of Deputy Commissioner M Abdul Majid Shah Akand at 9:00 am....

ALWC sits today

2007-10-22 00:00:00

Awami League central working committee meets Monday to decide whether or not they would sit with the Election Commission on November 4 to discuss proposed electoral reforms, reports UNB.Acting general secretary of the party Syed Ashraful Islam said that they...

Dhaka need 242 runs today to win against Khulna

2007-10-22 00:00:00

Holders Dhaka Division need 242 runs with eight wickets in hand for victory in the 1st round four-day match of the Ispahani Mirzapore Tea 9th National Cricket League against Khulna Division on the 4th day today (Monday) at the Mirpur...

India end series on Twenty20 high

2007-10-22 00:00:00

The one-day series might have gone but India lived up to their world champions tag in the Twenty20, finishing with a thumping seven-wicket win in Mumbai. Australia have bossed around for most of the last month but India can take...

Manchester United's Saha out of Kiev trip

2007-10-22 00:00:00

MANCHESTER (England), Oct 21 (AFP): Manchester United striker Louis Saha will miss his side's Champions League trip to Dynamo Kiev on Tuesday as he struggles to recover from a knee injury.The France international aggravated the long-standing problem in the warm-up...

Hitzfeld's delight with midfield duo

2007-10-22 00:00:00

MUNICH, Oct 21 (AFP): Bayern Munich coach Ottmar Hitzfeld says he is delighted with the form of midfielders Franck Ribery and Bastian Schweinsteiger as his side opened a six-point lead at the top of the Bundesliga.Bayern had to come from...

Shoaib Malik, Pak team fined for slow Play

2007-10-22 00:00:00

DUBAI, Oct 21 (AFP): Shoaib Malik and the Pakistan team have been fined for slow play, the International Cricket Council said Saturday, following their 25-run victory over South Africa in their second day-night international at the Gaddafi Stadium in Lahore...