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Independent National Commission on Biotechnology demanded

2008-11-26 00:00:00

Speakers at a roundtable Tuesday demanded setting up an independent National Commission on Biotechnology to identify research and commercial areas relevant to the country's needs as well as to find out existing manpower strength, reports UNB.The demand came during a...

EC shortens Eid holiday

2008-11-26 00:00:00

The Election Commission (EC) has shortened the holidays of Eid-ul-Azha from three days to one day for all officials and employees of the EC due to parliament and upazila polls, reports BSS.The EC officials and employees will enjoy holiday only...

Getting to grips with global recession

2008-11-25 00:00:00

THE price-hike of food grains and fuel oil was causing serious fiscal strains in both rich and poor countries across the globe. The price of fuel oil, which about quadrupled in five years between 2003 and 2008, did make a...

Is clean coal really clean?

2008-11-25 00:00:00

Billy AhmedThere are major environmental groups who have received major grants to convince the public that 'clean coal' is just around the corner and that we should be investing many billions of dollars each year in 'clean coal'.These groups include...

Rooppur is back again

2008-11-25 00:00:00

Dr Abdul MatinYES, it is all about the Bangladesh Rooppur nuclear power project which was conceived in the early 1960s. I was one of the many scientists and engineers recruited for the project in 1962. We got our specialised training...

Aid for coping with climate change

2008-11-25 00:00:00

Firoz RahmanBANGLADESH needs to be alert against getting overburdened with climate change assistance without receiving the benefits from such expenditure.Bangladesh has been identified as one of the countries to be worst affected by climate change caused by the activities of...

Reforms in politics

2008-11-25 00:00:00

POLITICAL parties in Bangladesh continue to be dominated by cult and family where the services of competent and enlightened members of civil society at the highest positions of these parties are practically barred. As long as the democratisation of the...

Forged certificates

2008-11-25 00:00:00

A unit of Rapid Action Battalion (RAB) carried out a raid in the Mirpur area of Dhaka sometime ago and unearthed the certificate forgers' racket that has been active since long. The arrested ring leader of the gang confessed that...

New laws for insurance industry

2008-11-25 00:00:00

A. B. M. Nurul HuqTHE Department of insurance under the Ministry of Commerce is abolished under the new Insurance Ordinance 2008, on the date on which the Insurance Regulatory Authority (IRA) is established.All business, assets, rights, powers, authorities and privileges...

Denial of bail violates the constitutional rights

2008-11-25 00:00:00

Barrister M. A. Muid Khan BANGLADESH has been under a state of emergency since January 2007, led by an interim government which replaced a previous caretaker government established, in accordance with the constitution, to govern the country during the campaigning...

Relationships with businesses, communities are the keys to success

2008-11-25 00:00:00

Andrzej Zwaniecki TO push its environmental agenda, San Francisco is discarding an old business model and inviting businesses and residents to build a new one.Wade Crowfoot, the director of climate protection initiatives in the mayor's office, said the old dogma...

Myanmar, India to cement economic, trade ties

2008-11-25 00:00:00

YANGON, Nov 24 (Xinhua): Myanmar and India held its 9th round of consultations between foreign offices of the two countries here yesterday, agreeing to cooperate in a wide range of areas of mutual interest and promptly implement the bilateral agreements...

Thailand growth slows as industry, tourism hit

2008-11-25 00:00:00

BANGKOK, Nov 24 (AFP): Thailand's economic growth slowed to four per cent in the third quarter of 2008, a state body said today, lower than expected amid falling tourist arrivals and the global financial crisis. Gross domestic product growth was...

British business leaders to call for govt help

2008-11-25 00:00:00

LONDON, Nov 24 (AFP): British business leaders will call for urgent government help today as the country teeters on the brink of its first recession in over 15 years as a result of the global credit crunch. The annual conference...

IDB warns of severe LatAm recession in 2009

2008-11-25 00:00:00

CARACAS, Nov 24 (AFP): The Inter-American Development Bank predicted yesterday a sharp downturn for Latin America in 2009 with lower revenues and rising unemployment, and said it would redirect six billion dollars to finance production. "Latin America faces a crisis...

Maksons Spinning Mills holds IPO lottery

2008-11-25 00:00:00

IPO lottery of Maksons Spinning Mills Limited was held for distribution of 80,00,000 ordinary shares of Tk 10.00 each at par totalling Tk 8,00,00,000.00 in the city Sunday, says a press release. Chairman of the company Abdul Ali and its...

WTO ministers may meet next month

2008-11-25 00:00:00

GENEVA, Nov 24 (AFP): The World Trade Organisation (WTO) may hold a ministerial meeting on the Doha round next month in a bid to conclude the long-frustrated talks, an official said yesterday. "It seems highly likely that a meeting will...

Swiss banking giant UBS may get more state aid

2008-11-25 00:00:00

ZURICH, Nov 24 (AFP): Swiss authorities said they may inject more money into UBS a month after offering the country's largest bank tens of billions of dollars in aid, according to remarks published yesterday. "We must ask the question if...

Slim gains for oil ahead of OPEC meet

2008-11-25 00:00:00

SINGAPORE, Nov 24 (AFP): Oil prices gained slightly in Asian trade today, remaining near 50 dollars a barrel as the market prepared for an expected OPEC production cut next weekend, dealers said. New York's main futures contract, light sweet crude...

Walton launches promotional sales campaign

2008-11-25 00:00:00

FE ReportWalton has launched a special scratch card promotional campaign for the customers ahead of the Eid ul Azha.The offer will continue until December 15 at all the showrooms of the company across the country.Some lucky customers will get free...

Prime Islami Life holds national seminar

2008-11-25 00:00:00

Prime Islami Life Insurance Ltd (PILIL) held national seminar on 'Life insurance for human welfare: Islamic perspective' at BIAM auditorium in the city recently, says a press release. Firoz Ahmed, secretary of commerce, was present as chief guest at the...

Gasoline rationing saves 20m litre daily in Iran

2008-11-25 00:00:00

TEHRAN, Nov. 24 (Xinhua): Iran's Oil Minister Gholam- Hossein Nozari said on Saturday that gasoline rationing scheme has helped the country to curb the consumption as much as 20 million liters a day, Iran's Energy and Oil Information Network (SHANA)...

ICMAB holds training on IFRS

2008-11-25 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a two-day training on International Financial Reporting Standards (IFRS) in the city recently. The main objective of the training was to strengthen the accounting and auditing standards and practices...

China says southeast nuclear plant part of stimulus plan

2008-11-25 00:00:00

SHANGHAI, Nov 24 (AFP): China National Nuclear Corp., the country's biggest nuclear reactor builder, said today it has begun building a plant in the southeast as part of the government's economic stimulus plans. The 100 billion-yuan (14.6 billion-dollar) plant in...

Training workshop on productivity management held

2008-11-25 00:00:00

A five-day long training workshop on 'Productivity Management and Quality Control of Electrical Products' organised by the Institute of appropriate technology (IAT) of BUET began in the city Sunday, says a press release.Owners, managers, entrepreneurs, technologists and engineers of various...

Malaysian firm starts building Vietnam's biggest steel plant

2008-11-25 00:00:00

HANOI, Nov 24 (AFP): Malaysia's Lion Industries and Vietnamese shipbuilder Vinashin have started building the country's biggest steel plant, set to cost 9.8 billion dollars, state-run Vinashin said today. The complex will be located on 1,650 hectares (4,000 acres) in...

BCI for more backward linkage industries to diversify export

2008-11-25 00:00:00

BCI President AK Azad urged the government to patronise the entrepreneurs for setting up of more backward linkage industries, to diversify export and to develop other potential sectors to face global competition.He said this while presiding over the 22nd annual...

Pubali Bank opens 362nd branch at Gachbari in Sylhet

2008-11-25 00:00:00

Pubali Bank Managing Director Helal Ahmed Chowdhury stated that the bank is capable of contributing more to industrialisation and foreign trade of the country by dint of its efficient management, accumulated deposit and adequate foreign currency reserve. He was presiding...

ACC team unearths Tk 260m scam in BTCL

2008-11-25 00:00:00

The Anti-Corruption Commission (ACC) has unearthed huge corruption and irregularities in the Bangladesh Telecommunications Company Limited (BTCL), previously known as Bangladesh Telegraph and Telephone Board (BTTB), reports UNB.A special team constituted to look into graft in the Ministry of Post...

Call rate unchanged, greenback gains

2008-11-25 00:00:00

FE Report The inter-bank call money rate remained unchanged Monday despite withdrawal of cash through reverse repurchase agreement (repo). The US dollar, however, posted slight gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to increased demand...