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Student commits suicide

2007-09-16 00:00:00

Sahili Razzak Binte (18), a first year student of Viqarunnisa Noon School and College, committed suicide at her residence at Arambagh in the city Saturday. —UNB

Power Division invites bids for Bibiyana power plant

2007-09-16 00:00:00

M Azizur RahmanThe Power Division has invited bidders to submit proposals for installation of Bibiyana 450 megawatt (MW) gas-fired independent power plant (IPP) in the country's northeastern region.The 450 MW Bibiyana power plant will be implemented on a build, own...

Clinker production to create new dimension in Bangladesh market

2007-09-16 00:00:00

FE ReportNiloy Cement Clinkerisation Industries Ltd is expected to produce 70,000 tonnes of clinker annually, first of its kind in the country's private sector, at its new plant factory at Baniargati in Jessore district."We have formally launched our production Sunday...

Delwar demands lifting of emergency, terms Bhuiyan's meeting illegal

2007-09-16 00:00:00

BNP secretary general Khandaker Delwar Hossain said the state of emergency should be lifted for restoration of political and democratic rights, reports UNB.Responding to the Chief Adviser's remarks that the state of emergency will continue for some more days, Delwar...

BNP reformists brand Khaleda as 'dishonest'

2007-09-16 00:00:00

The so-called reformist group of the troubled BNP Saturday came down heavily on 'corrupt' leaders and branded its chairperson Khaleda Zia as 'dishonest', reports bdnews24.com. They backed Abdul Mannan Bhuiyan on his leadership for the crumbling party. The support for...

US sees attacks on minorities in Bangladesh as a problem

2007-09-16 00:00:00

The United States (US) has said while the Bangladesh government publicly supported freedom of religion and there was traditional inter-community amity, 'attacks' on religious and ethnic minorities continued to be a problem, reports UNB. "Religion exerted a significant influence on...

Central bank strengthening project implementation to be expedited

2007-09-16 00:00:00

A Z M AnasThe central bank authorities is now planning to restart shortly the World Bank-funded central bank strengthening project (CBSP), which has remained almost bogged down since its inception."We're committed to implementing all the components of CBSP that will...

Export of 2m tonnes of cement to India a year under study

2007-09-16 00:00:00

Jasim Uddin Haroon Local cement manufacturers are mulling over export of around 2.0 million tonnes of cement to India a year to reduce the trade imbalance with the neighbour.Currently, local manufacturers are exporting around 0.15 million tonnes of cement to...

Crackdown on pirated CD makers soon

2007-09-16 00:00:00

The United States (US) has asked Bangladesh to crack down on two pirated CD manufacturers it has accused of causing huge losses to some of its domestic producers, reports bdnews24.com. "The Bangladesh government has taken the issue seriously and decided...

Striking jobseekers dispersed in KL

2007-09-16 00:00:00

A group of hunger-striking Bangladeshi job-seekers squatting in front of the Bangladesh High Commission (HC) in Kuala Lumpur (KL) were driven away Friday midnight by unidentified hoodlums, said reports reaching in Dhaka Saturday, reports UNB. According to a report, a...

'Open Sky Policy' decision to be placed before advisory council

2007-09-16 00:00:00

FE ReportThe government decision to adopt 'Open Sky Policy' for a limited period enabling airlines to operate additional flights for transporting Bangladeshi workers to Malaysia and Middle Eastern countries will be placed before the next advisory council meeting for approval,...

Thorough discussion on PSI agreement in media suggested

2007-09-16 00:00:00

Speakers at a roundtable Saturday wanted the government to "say good bye to the IMF" and not to sign any agreement that will go against the interest of the country, reports UNB.They also urged the government to place the proposed...

Use of vehicles in various projects under scrutiny

2007-09-16 00:00:00

FE ReportThe use of vehicles in different public projects is now under close scrutiny by the government, which wants to stop irregularities and bring accountability in administration.Official sources said the Chief Adviser's Office (CAO) has directed the government authorities concerned...

Why should the banks be blamed alone?

2007-09-16 00:00:00

The central bank, according to a report published in this daily, in line with the assurance given at the recent discussion between the top government functionaries and the businesses on the national economy, particularly on the prevailing business climate, would...

Plastic recycling aids urban waste management

2007-09-16 00:00:00

Shahiduzzaman KhanPLASTIC recycling industry has registered a mushroom growth in the old parts of the metropolitan city of Dhaka using the waste plastics picked from landfills. The industry generated employments for thousands of workers. Over 250 plastic goods factories have...

Systemic barriers to corruption

2007-09-16 00:00:00

Mahmudul HasanBANGLADESH can expect to improve its position in the world's corruption rating index and the people of the country and its economy will also likely benefit tangibly from the anti-corruption drive. But questions are also asked whether the struggle...

Pesticides and health hazards

2007-09-16 00:00:00

Susmita DasguptaIn recent decades, the indiscriminate use of agricultural pesticides has created very serious health and environmental problems in many developing countries.One to five million farm workers are estimated to suffer pesticide poisoning every year (WHO, UNEP) and at least...

Institutional charity

2007-09-16 00:00:00

Well-off people in Bangladesh are seen donating clothes, cash, foods and other goods among the poor on religious occasions such as the holy month of Ramadan and the Eids. Charities during religious occasions and at other times have a role...

Policies for helping the disabled

2007-09-16 00:00:00

NEARLY 17 per cent of the population in Bangladesh remain handicapped in different ways, physically, in performing their life related and occupational tasks. The huge number of disabled persons in the population shows that more needs to be done than...

Gulf states charting free trade with tran

2007-09-16 00:00:00

Meena Janardhan from DubaiWhile Iran and the United States exchange aggressive statements, the Arab countries of the Gulf Cooperation Council (GCC) have been busy building trade relations with Tehran and charting an economic course with a potential of mending ties...

Russia emerging as loan haven 9 years after default

2007-09-16 00:00:00

Kabir Chibber and Cecile GutscherWhat a difference nine years makes. Banks from New York-based JPMorgan Chase & Co. to ABN Amro Holding NV in Amsterdam are providing more loans to Russian companies than ever as memories of the country's $40...

Thailand not invited to democracy bash

2007-09-16 00:00:00

Marwaan Macan-Markar from BangkokThailand's fall from grace as a promising democracy is expected to be confirmed at an international meeting in November in Bamako, the capital of Mali. Bangkok has not been invited to attend a gathering of the world's...

Trade sanctions on China could backfire, Paulson warns

2007-09-16 00:00:00

CHICAGO, Sept 15 (Reuters): Treasury Secretary Henry Paulson tried Friday to wave off US lawmakers' bid to tighten the screws on China over its currency policy by warning that it could make it harder to settle turbulent markets."I don't want...

Nervous customers besiege crisis-hit British bank to withdraw savings

2007-09-16 00:00:00

LONDON, Sept 15 (Reuters): Thousands of nervous customers queued for hours outside branches of British bank Northern Rock Saturday desperate to withdraw savings after it was forced to seek emergency funds to weather the global credit crunch.Queues snaked round the...

EU finance chiefs on guard over euro strength, market turmoil

2007-09-16 00:00:00

PORTO, Portugal, Sept 15 (AFP): EU finance ministers and central bankers vowed Friday to be on guard over the strength of the euro and financial market turmoil, while voicing confidence that the economic impact would be limited. The 13 countries...

Indian inflation hits two-year low but no early rate cut seen

2007-09-16 00:00:00

NEW DELHI, Sept 15 (AFP): India's inflation rate fell to a two-year low, official data yesterday showed, but economists expected the central bank to remain hawkish with global oil prices surging. The wholesale price index, India's most closely watched cost-of-living...

WB approves $400m loan for Himachal power plant

2007-09-16 00:00:00

WASHINGTON, Sept 15 (PTI):The World Bank has approved a USD 400 million loan for the development of a hydropower plant in Himachal Pradesh. The loan is to be provided to state-owned power company Satluj Jal Vidyut Nigam Limited (SJVN) for...

Oil falls at end of record-breaking week

2007-09-16 00:00:00

NEW YORK, Sept 15 (AFP): New York oil prices fell yesterday on profit taking after striking a fresh record peak above 80 dollars a barrel, with supply fears still strong, analysts said. Many raw materials were boosted by the weak...

Indian govt to ask Reliance to prioritise gas sales

2007-09-16 00:00:00

NEW DELHI, Sep 15 (PTI): Within days of approving a price formula for gas to be produced by Reliance Industries, the government yesterday said it will ask the Mukesh Ambani company to prioritise fuel sales to fertiliser plants, city gas...

China offers red carpet welcome to Indian tea companies

2007-09-16 00:00:00

BEIJING, Sept 15 (PTI): China has offered a red carpet welcome to Indian tea majors, including Tata Tea, to substantially increase their market presence and investment in the world's most populous nation and break the near monopoly of multinationals like...