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Burma's junta warned by UN envoy

2007-10-08 00:00:00

Amy Kazmin in Bangkok and Harvey Morris at the United Nations, FT Syndication ServiceThe United Nations' special envoy to Burma said last Friday he was "cautiously encouraged" by the decision of its military rulers to hold talks with the country's...

Seven Bangladeshis roasted alive in S Arabia

2007-10-08 00:00:00

Seven Bangladeshi workers were burnt to death as a fire broke out at Garenia near Al Homra in Jeddah of Saudi Arabia Saturday. They were identified as Jonab Ali, son of Kutub Ullah of Khashipur village and his brother Ashraf...

Govt revising yield rates on govt-approved securities

2007-10-08 00:00:00

Siddique Islam The Bangladesh Bank (BB) continues to revise the yield rates on government approved securities aiming to reduce spread between the interest rates on short-term and long-term securities. Under the move, the yield rates on long-term government approved securities...

Indian ban on export pushes up onion prices

2007-10-08 00:00:00

Jasim Uddin Haroon Prices of onion, one of the widely consumed items during the month of Ramadan, are rising sharply in the local markets due mainly to ban on its export by a neighbouring country. However, traders said good harvest...

Govt to relax operation of frozen accounts for Eid celebration

2007-10-08 00:00:00

FE ReportThe National Board of Revenue (NBR) Chairman, Badiur Rahman, said Sunday the government will allow withdrawal of additional amount of money from frozen accounts for celebrating the upcoming Eid-ul Fitr. "We will allow withdrawal of a certain amount of...

Private telecom operators start payment of fine to BTRC

2007-10-08 00:00:00

FE ReportPrivate telephone companies have started payment of 'compensation' to the government for their involvement in illegal call termination activities in voice over internet protocol (VoIP).Bangladesh Telecommuni-cation Regulatory Commission (BTRC) has recently imposed a penalty of Tk 1.684 billion on...

Four one-stop windows in city to issue passports after Eid

2007-10-08 00:00:00

The government has decided to open four one-stop windows in the capital under a pilot project to simplify issuing passports to the citizens, reports UNB. The Department of Immigration and Passport and the Trust Bank Sunday signed a memorandum of...

India hands over three top terrors to Bangladesh

2007-10-08 00:00:00

BENAPOLE, Oct 7 (UNB): Indian detective police today handed over three top terrorists of Bangladesh to their counterpart through Benapole border check post. The terrorists are Biplob (35) of Gulshan, Sohel Ibrahim (31) of Tangail and Naimul Hasan (29) of...

DGEN crosses 2700 mark

2007-10-08 00:00:00

The main index or DGEN on the Dhaka Stock Exchange crossed the 2700 mark Sunday amid institutional and retail investors' "mad rush" to buy shares of most sectors, reports bdnews24.com. All the sectors, except for life and general insurances, moved...

ADB for increased interaction over large FDI proposal

2007-10-08 00:00:00

M Azizur RahmanThe Asian Development Bank (ADB) wants proper dissemination of relevant information and discussion among stakeholders concerned on issues relating to big foreign investment proposals awaiting government approval.Asian Development Bank (ADB) director general for South Asia Department Kunio Senga,...

Proposed Truth Commission will benefit all, says Mainul

2007-10-08 00:00:00

Law Adviser Mainul Hosein Sunday said all would be benefited if the proposed Truth Commission is formed, reports UNB/ bdnews24.com."Though government is thinking different thing about businessmen, all will be benefited after formation of the proposed Commission," he told reporters...

Maulana Obaidul laid to rest

2007-10-08 00:00:00

Khatib of Baitul Mukarram National Mosque Maulana Obaidul Haq was laid to rest at city’s Azimpur graveyard Sunday afternoon, reports UNB.Earlier his Namaj-e-Janaza was held at the National Eidgah on the Supreme Court premises at 3:02 pm. Mufti Maulana Ataul...

New AL acting GS for withdrawal of ban on politics, lifting emergency

2007-10-08 00:00:00

Awami League (AL) acting general secretary (GS) Syed Ashraful Islam has expressed the hope that release of party chief Sheikh Hasina would be secured through legal and constitutional process and the party would take part in the general election under...

Dollar soft, call rate steady

2007-10-08 00:00:00

FE ReportThe US dollar was slightly soft against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The market was moderately active due to weekend in the international market.The inter-bank...

Serious traffic snarl-up in main business hub

2007-10-08 00:00:00

FE Report The city's main business hub of Motijheel and Dilkhusha suffered a serious traffic snarl-up Sunday hampering business activities in the area. The traffic congestion continued for almost all working hours from 9:0 am to 3:30 pm. All the...

BTRC fines Grameenphone Tk 1.684 billion

2007-10-08 00:00:00

Bangladesh Telecommunication Regulatory Commission (BTRC) has penalised Grameenphone Tk 1.684 billion (about $25 million) for its "involvement in illegal (international) call termination activities". This is the first time the government has punished a mobile phone operator for violating the telecoms...

Nasim gets 13 years jail for illegal assets

2007-10-08 00:00:00

A special court dealing with high-profile graft cases Monday sentenced former Awami League minister Mohammad Nasim to 13 years in jail after it convicted him of having undeclared assets and concealing the information. The court also handed his wife Laila...

Impressive England hold Sri Lanka to 164

2007-10-07 00:00:00

England shrugged off the blow of losing the toss in the third one-day international at Dambulla to restrict Sri Lanka to 164. Ryan Sidebottom and Stuart Broad again did the early damage before Graeme Swann took out the middle order...

Academy team beat Rajshahi Div

2007-10-07 00:00:00

Rajshahi Division conceded consecutive defeats as they lost the second one-day National League practice match by 20 runs to GP-BCB National Cricket Academy team at the Rajshahi Divisional Stadium (RDVS) Sunday, reports UNB.Sent in to bat first, the Academy team...

Indo-Bangla Games begins in Feb next

2007-10-07 00:00:00

The Indo-Bangladesh Games will be held in the country in February next year, reports UNB.The decision was taken at a meeting at Bangladesh Olympic Association (BOA) Sunday afternoon with its acting secretary general Kutubuddin Ahmed in the chair.The meeting also...

Inzamam set for emotional finale

2007-10-07 00:00:00

LAHORE, Oct 7 (BBC): Inzamam-ul-Haq will seek to end his Pakistan career in style when the second and final Test against South Africa starts in Lahore Monday. The 37-year-old batsman is set to play his last match for his country...

Friends Social Welfare beat Gulistan Club

2007-10-07 00:00:00

Friends Social Welfare Organisation earned 2-0 victory over Gulistan Club in the Super League of the Metropolis Third Division Football League at the Bir Shrestho Sepoy Mohammad Mostafa Kamal Stadium in the city Sunday, reports UNB.The winners led the first...

India seek to revive series hopes

2007-10-07 00:00:00

CHANDIGARH, Oct 7 (BBC): India's senior stars will have a point to prove in the fourth one-day match against Australia Monday. Australia have stormed to a 2-0 lead in the seven-match series after the first game was abandoned because of...

Malaysian ban on manpower import from Bangladesh

2007-10-07 00:00:00

The worst yet not unexpected has happened. The opportunity that came by after much cajoling and diplomatic persuasion is now lost because of an apparent insatiable lust for money of a section of Bangladeshi manpower agents and some people in...

Resuming manpower export to Malaysia

2007-10-07 00:00:00

Shahiduzzaman KhanMALAYSIA imposed a fresh ban on hiring workers from Bangladesh as many migrant workers remained unemployed, were not paid their salaries and other facilities as per contracts. Several thousands of them also got stuck at the Kuala Lumpur International...

Horrendous traffic jams in the city

2007-10-07 00:00:00

Sohail SamadTHERE are many expectations of people in this country. One of them is that they should enjoy reasonably good traffic movement conditions. The reconstituted caretaker government impressed all concerned with its swift actions in different spheres. It seems to...

A demographic time-bomb exploding into prosperity

2007-10-07 00:00:00

Vivek MehraINDIA'S special economic zones (SEZs) have long been the focus of controversy. The earliest critics argued that, unlike China's large SEZs, India's policy of permitting smaller, sector-specific SEZs was flawed because the zones would fail to derive the benefits...

Difficulties in getting back the stolen money

2007-10-07 00:00:00

One has to be very pragmatic about dealing with issues like getting back the stolen money. All concerned would, of course, welcome any well-purported move for bringing back the money that the corrupt persons have transferred abroad. But it is...

Protecting the heritage objects

2007-10-07 00:00:00

About 200 objects from different museums in Bangladesh will be sent to France for display in an exhibition there. The news had earlier raised a concern, because of the fear over such objects being lost to Bangladesh. That was the...

Having a carnage party: We count, they don't

2007-10-07 00:00:00

Tom Engelhardt in first part of the two-part series articleAT least Caesar was just commenting on reality when he wrote that "all Gaul is divided into three parts." Last week, Senate Foreign Relations Chairman Joe Biden attempted to create reality...