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Govt shifts ground on method

2007-09-15 00:00:00

A Z M AnasThe caretaker government is moving ahead with a plan to build the proposed elevated expressway in Dhaka at the cost of US$500 million through public-private partnership (PPP) to help ease the capital's traffic problem."We feel that public-private...

Merchant banks' paid-up capital to go up

2007-09-15 00:00:00

The Securities and Exchange Commission (SEC) is set to raise the paid-up capital requirement of merchant banks to Tk 100 million from Tk 20 million, according to a draft rule, reports bdnews24.com."It will bring about qualitative changes in the market....

Savar EPZ bursts into violence, 100 hurt

2007-09-15 00:00:00

SAVAR, Sept 14 (UNB/bdnews24.com): Over 100 people, including 18 police, were injured in a fierce clash between policemen and garment workers in Dhaka EPZ here Friday following a rumour over killing of a worker. Two workers were, however, arrested for...

US GSP facility for B'desh products under threat

2007-09-15 00:00:00

Doulot Akter MalaThe generalised system of preference (GSP) facility for duty-free export of Bangladeshi products to the US market might face a setback following a petition lodged by a US-based Non-Government Organisation (NGO) for removing the country from the list...

Share trading timing

2007-09-15 00:00:00

Share trading at the DSE during Ramadan will take place from 10-00 am to 1-30 pm. Shares will be received and delivered by the clearing house till 2-30 pm while the DSE office will remain open from 9-00 am to...

Donors sit with govt in mid-Nov to learn about PRS status

2007-09-15 00:00:00

FE Report Bangladesh's donors will sit with the government in mid-November in the capital to take stock of the implementation status of the poverty reduction strategy (PRS), which was extended by one year.The bi-yearly PRS Implementation Forum, slated for November...

Law-enforcers start vigilance on price hike in city markets today

2007-09-15 00:00:00

FE ReportMembers of the law enforcing and intelligence agencies will start taking actions against violators and price manipulators in the city markets from today (Saturday) to ensure that consumers are not over-charged for the goods they purchase.A good number of...

Buyers feel heat on Iftar items

2007-09-15 00:00:00

Naim-Ul-KarimHundreds of Muslims thronged restaurants and roadside makeshift stalls in the city Friday, on the first day of holy Ramadan, to buy crispy Iftar items.There was heavy rush of people in almost every place where such foods were available. But...

Food inflation up, non-food down in July

2007-09-15 00:00:00

FE Report The rate of inflation, led by food prices, rose to 11.42 per cent on a point-to-point basis in July last from 9.82 per cent in June 2007. The prices of food have risen in both local and global...

Fresh flood dashes hope for Aman replantation in N districts

2007-09-15 00:00:00

S M Jahangir back from RangpurFarmers in the country's northern districts are set to lose their 'Aman' paddy this season due to fresh floods despite making extra efforts to cultivate the crop for the second time to recoup the damage...

DSE stocks decline on profit-taking

2007-09-15 00:00:00

FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) declined after a record 10-day rally due to profit-taking in the week ended Thursday.The daily average turnover also declined 7.01 per cent to Tk 1.79 billion against Tk 1.92 billion...

developments in the region and abroad

2007-09-15 00:00:00

Bhutto to return to Pakistan on Oct 18 ISLAMABAD, Sept 14(Agencies): Former Prime Minister Benazir Bhutto will return to Pakistan from an eight-year exile on Oct. 18 to campaign for office, her party said Friday. The government said she was...

Dubai tower now world's tallest free-standing structure

2007-09-15 00:00:00

DUBAI (AFP): The world's tallest building, still under construction in the booming Gulf emirate of Dubai, has become the world's tallest free-standing structure, its developers said on Thursday. The Burj Dubai tower is now 555 metres (1,831.5 feet) tall and...

Dhaka, Delhi sign deal tomorrow

2007-09-15 00:00:00

FE Report The government will sign an agreement tomorrow (Sunday) with New Delhi for duty-free import of 8.0 million pieces of Bangladeshi readymade garments (RMG) by India annually. Abdul Wahab, joint secretary of the Ministry of Commerce and Ajit Gupte,...

DU delegation to meet CA tomorrow

2007-09-15 00:00:00

A Dhaka University (DU) delegation will meet Chief Adviser (CA) Fakhruddin Ahmed tomorrow (Sunday) to discuss the overall situation on its campus following the last month's student unrest, reports UNB.DU Vice-Chancellor SMA Faiz will lead the delegation. Teacher representatives to...

Rivers swell in central parts of country

2007-09-15 00:00:00

The Flood Forecast and Warning Centre (FFWC) Friday feared that the flooding might take a turn for the worse in the mid region in the next 72 hours, reports bdnews24.com. The flood situation improved in the north and northeastern parts...

Rehabilitation of three rly branch lines in the offing

2007-09-15 00:00:00

RAJSHAHI, Sept 14 (BSS): Rehabilitation of three important railway branch-lines under the West Zone of Bangladesh Railway will start as soon as possible to make the railway sector profitable through bringing dynamism in its traffic system.According to concerned railway officials,...

Huawei donates Tk 2.0m to CA's Relief Fund

2007-09-15 00:00:00

FE ReportHuawei, a leading Chinese telecommunication equipment manufacturer and solution provider Thursday extended hands to the flood victims of Bangladesh by donating Tk two million to the relief fund of the Chief Adviser (CA). Chief Executive Officer (CEO) of Huawei...

C'WASA discusses steps for smooth supply of water

2007-09-15 00:00:00

Our CorrespondentCHITTAGONG, Sept 14: With a view to ensuring unhindered water supply in the port city during the holy month of Ramadan a meeting was held at Chittagong WASA conference hall Thursday with C'WASA Chairman Moqsumul Hakim in the chair....

Arrival of imported wheat has little effect on mkts

2007-09-15 00:00:00

Our Correspondent CHITTAGONG, Sept 14: Despite the arrival of huge consignments of imported wheat at the Chittagong Port (CP), its supply to the markets is not adequate.As some strong syndicates of importers with the evil motive of earning more profit...

BRAC organises health confce

2007-09-15 00:00:00

Our CorrespondentBRAHMANBARIA, Sep 14: BRAC arranged the conference of DOTS Committee titled "To want free tuberculosis fresh air" at the office of Sadar Upazila Health and Family Planning Officer recently.Brahmanbaria Civil Surgeon Shahid Uddin was present on the occasion as...

Statue recovered in Patuakhali

2007-09-15 00:00:00

PATUAKHALI, Sept 14 (UNB): A touchstone-made statue weighing one and half kg was recovered from a residential hotel in Kuakata under Kolapara Upazila of the district Wednesday night.A team of Rapid Action Battalion raided the hotel at night and recovered...

Mujib gets MJF award

2007-09-15 00:00:00

FE ReportGeneral Properties Ltd Managing Director Md Mujibur Rahman Chowdhury received MJF Trophy recently.Md Ayenuddin Birprotik handed over the trophy to Mujib at a programme at Osmani Memorial Auditorium in the city.Media Journalists’ Forum of Bangladesh organised the programme.

Indonesian quakes trigger tsunami alerts

2007-09-14 00:00:00

PADANG, (Indonesia) Sept 13 (Agencies): Three powerful earthquakes jolted Indonesia in less than 24 hours, sending panicked residents fleeing to high ground. The death toll stood at nine - regarded as low given the intensity of the tremors. The first...

Hurricane Humberto slams Texas coast

2007-09-14 00:00:00

WASHINGTON, Sept 13 (AFP): Hurricane Humberto crashed into the Texas coast Thursday, packing winds as strong as 135 kilometers (85 miles) per hour, the US National Hurricane Center said. The category one storm-the lowest strength on the five-level Saffir-Simpson scale-slammed...

Child mortality worldwide hits record low: UNICEF

2007-09-14 00:00:00

UNITED NATIONS, Sept 13 (AFP): Deaths of children under age five around the world dropped below 10 million for the first time last year, according to United Nations Children's Fund figures released Thursday. UNICEF said deaths in that category hit...

45 Taliban fighters killed in Afghan clash: US

2007-09-14 00:00:00

KABUL, Sept 13 (Agencies): Airstrikes and Afghan army gunfire killed more than 45 suspected Taliban fighters in a clash in a southern province just as the holy month of Ramadan began, the U.S.-led coalition said. The battle in the southern...

news digest

2007-09-14 00:00:00

Hungary prepares to welcome French president as a "native son" BUDAPEST, Sept 13: French President Nicolas Sarkozy will visit Hungary on Friday in his first trip to central Europe since taking office, with the aim of strengthening ties with the...

Hotels are essential for tourism industry: Iftekhar

2007-09-14 00:00:00

FE ReportThe management of Westin Dhaka arranged an event to introduce The Westin Dhaka Wednesday night at its grand ballroom. People from different segments including corporate high officials and diplomats were present. Among others Iftekhar Ahmed Chowdhury, Advisor, Ministry of...

Nogordola kicks off fashion exposition

2007-09-14 00:00:00

FE ReportNogordola, a boutique house, on the eve of Eid-ul-Fitr has launched a month-long fashion exposition of wear and products based on Islamic arts, according to a press release. The launching ceremony was held at City Tower, House I/A, Road-13...