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NID Ordinance to be promulgated before Dec 1

2007-10-04 00:00:00

The National Registration and Database Ordinance 2007 would be promulgated before the start of voter listing work in Dhaka City Corporation (DCC) areas on December 1, reports UNB."The use of national identity (NID) cards for availing 22 designated facilities and...

BB asks banks to devise plan for Beximco, Bashundhara

2007-10-04 00:00:00

Bangladesh Bank (BB) Wednesday instructed a few commercial banks to devise suitable transaction mechanisms for Beximco and Bashundhara groups to facilitate their businesses in absence of the detained owners, reports UNB.The instruction was given amid requests that the two large...

Terrorist killed in encounter, mob kills mugger in city

2007-10-04 00:00:00

An alleged terrorist was killed in an encounter with RAB and a mugger died after mass beating in the city Wednesday, reports UNB. The terrorist was killed in a shootout between his cohorts and members of Rapid Action Battalion (RAB)...

Bhuiyan for a BNP without divisions

2007-10-04 00:00:00

The leader of the BNP's reformist faction Abdul Mannan Bhuiyan Wednesday called for a united BNP that rose above divisions within the party, reports bdnews24.com. "The BNP has to participate in the next elections as a united party. That's why...

Dollar, call rate steady

2007-10-04 00:00:00

FE ReportThe US dollar remained steady against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money rate was also steady despite withdrawal of large amount of...

JP (Monju) wants EC to bar war criminals

2007-10-04 00:00:00

The Jatiya Party (Monju) Thursday asked the chief election commissioner to declare terrorists and war criminals ineligible for the polls. Its leaders also tabled a 14-point charter of demands during their dialogue with ATM Shamsul Huda on electoral law reforms....

SC freezes HC bail to Khaleda

2007-10-04 00:00:00

The Supreme Court Thursday overturned the High Court rule and froze the bail to former prime minister Khaleda Zia in GATCO corruption case. A seven-strong full bench of the Appellate Division led by chief justice M Ruhul Amin also ruled...

Harris Chowdhury jailed for 3 years

2007-10-04 00:00:00

A Dhaka court Thursday sentenced Harris Chowdhury, a close aide to former prime minister Khaleda Zia, to three years in jail for illegally possessing foreign currency. Judge Syed Jahed Mansur of Dhaka Metropolitan Special Tribunal-9 also fined him Tk 10,000...

Jalil to be detained for 3 more months

2007-10-04 00:00:00

Authorities have extended the detention of Awami League general secretary Abdul Jalil by three months, a senior prisons official said Thursday. It was the third extension since June 3 when he was sent to jail. Deputy inspector general (prisons) Shamsul...

AL, BNP squeeze govt to end emergency soon

2007-10-04 00:00:00

The two major political camps set aside their see-saw rivalry Wednesday to put a squeeze on the military-backed interim administration to end emergency rules sooner rather than later. BNP secretary general Khandaker Delwar Hossain and senior Awami League leaders aired...

Stock exchanges and real sectors of the economy

2007-10-03 00:00:00

THE upbeat mood of the country's stock market does otherwise provide a positive indicator about its economy, notwithstanding the sluggish investment scenario and other disconcerting signals about production-oriented and employment-generating activities amid the persistent unease over the price situation. The...

Addressing environmental issues on highest priority basis

2007-10-03 00:00:00

Humayan KabirA few developed countries are engaged in unabated polluting activities. But the entire humanity has to pay the devastating price for it. This situation has heightened the concern over the worldwide environmental insecurity. Concerted international actions are considered urgent...

A fixed term would be a fairer way

2007-10-03 00:00:00

Samuel BrittanIT could not be more trivial. Forget completely public policy. Today's British political discussion is not about the result of the next election, personalities of party leaders or even the race to become one when there is a vacancy....

Cash subsidies on exportable items

2007-10-03 00:00:00

Ahmed Showkat MasudGLOBAL economy has been changing rapidly. Our country is not a isolated one from the global economy. We have seen how the price-hike in the international market influences the prices of commodities in the domestic market.Our government announced...

FTA with India

2007-10-03 00:00:00

India already has free trading arrangements with some of its neighbours. Sri Lanka, for example, signed an FTA agreement with India and this led to substantial increases of Sri Lanka's exports to India and notably increased foreign investments in that...

Production of 10,000 mw of electricity from solar source

2007-10-03 00:00:00

I would like to draw attention of the concerned authorities of the government to the need for facilitating arrangements to produce electricity from the solar source. The most serious problem now facing Bangladesh in its uphill task of promoting development...

Singapore gains as Bush suppresses growth of stem cell research

2007-10-03 00:00:00

Yoolim LeeAt Singapore's Bistro Fabulous, men and women from the U.K., Germany, Russia and China, dressed in sandals and T-shirts, mingle with locals as they sip drinks and nibble on chicken satay and spring rolls. It could be a typical...

Gulf counters M&A slowdown with $25b of deals

2007-10-03 00:00:00

Will McSheehy and Arif SharifThe Persian Gulf states, flush with cash from burgeoning oil revenues, are buying overseas assets at a record rate and countering the paucity of acquisitions hampered by the summer's surge in corporate borrowing costs. Abu Dhabi...

Crude prices flat in Asian trade after profit-taking

2007-10-03 00:00:00

SINGAPORE, Oct 2 (AFP): Crude prices were flat in Asian trade today after profit-taking on renewed concerns the US economy was slowing, which could affect oil demand, dealers said.At 10:51 am (0251 GMT), New York's main contract, light sweet crude...

Dollar gains on euro after US shares jump

2007-10-03 00:00:00

TOKYO, Oct 2 (AFP): The dollar firmed against the euro in Asian trade today, moving away from its record low as a surge in US share prices offered some respite to the struggling greenback, dealers said.The euro slipped to 1.4221...

ArcelorMittal bids for remaining shares in Argentinian unit

2007-10-03 00:00:00

PARIS, Oct 2 (AFP): ArcelorMittal, the world's biggest steel group, said today it was offering around 542 million dollars (382 million euros) for the 34.7 per cent of its Argentine unit Acindar that it does not already own.The transaction, which...

HK gold opens higher

2007-10-03 00:00:00

HONG KONG, Oct 2 (AFP): Hong Kong gold prices traded higher at opening today as the US dollar touched a fresh record low overnight in New York and oil prices held over 80 dollars a barrel, dealers said. Gold opened...

South Korea ready to help set up N-power plant

2007-10-03 00:00:00

South Korea has expressed readiness to provide financial and technological assistance to Bangladesh for setting up a nuclear power plant to meet the growing demand for electricity, reports UNB."We're waiting for appropriate response from Bangladesh government to the proposals we...

Bangladesh fetches $13m export orders from IFMA Show

2007-10-03 00:00:00

FE ReportExport Promotion Bureau (EPB) participated in the just-concluded four-day fair 'IFMA Cologne Show' in Cologne, Germany from September 13 to September 16.Most of the important light engineering exporting companies around the world took part in the fair. Two bicycle...

Written test for MTO, TSO, TO of Shahjalal Islami Bank Oct 26

2007-10-03 00:00:00

FE ReportThe date of the written test for the post of Management Trainee Officer (MTO), Trainee Senior Officer (TSO) and Trainee Officer (TO) of Shahjalal Islami Bank Limited (SJIBL) will be held on October 26, 2007. Timing and Venue for...

Warid Telecom opens sales centre at Uttara

2007-10-03 00:00:00

FE ReportWarid Telecom Monday opened its 10th Sales and Customer Service Center at Uttara Model Town in the city.Muneer Farooqui, chief executive officer of Warid Telecom, inaugurated the centre at Siam Tower, House-15, Sector-3 at Uttara.With the opening of the...

Target of monthly revenue earning from Teknaf land port not achieved

2007-10-03 00:00:00

Our CorrespondentCHITTAGONG, Oct 02: The target of monthly revenue collection from Teknaf Land Port (TLP) was not achieved in September last, sources said.The National Board of Revenue (NBR) set a monthly revenue target amounting to over Tk 80 million (8...

Govt-NGO cooperation in livestock sector needed

2007-10-03 00:00:00

Speakers at a workshop recently underscored the need for cooperation between the government's Livestock Directorate and NGOs to develop the livestock sector in order to fight extreme poverty in the country.They also stressed the need for proper training of the...

New chairman, vice-chairperson of Janata Ins

2007-10-03 00:00:00

FE Report Abdul Gaffar Chowdhury and Oamrun Nahar have been unanimously elected chairman (re-elected) and vice-chairperson of Janata Insurance Company Limited (JICL).The election was held at the JICL board of directors' meeting in the city recently. Chowdhury is a former...

Iran keen to cooperate in manpower export

2007-10-03 00:00:00

NEW YORK, Oct 02 (UNB): Iran is keen to expand its relations with Bangladesh particularly in investment, trade, energy and manpower export sectors.Iranian Foreign Minister Manouchehr Mottaki expressed his country's interest during a bilateral meeting with Foreign Affairs Adviser Iftekhar...