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Reforms of civil services ought to be a priority

2007-09-13 00:00:00

Enayet RasulTHERE was a time in the British colonial period of the Indian subcontinent or in the later part of the British rule of India when the mention of the Indian Civil Services (ICS) evoked respect and admiration. The colonialists...

A bad time to cut back on weather data

2007-09-13 00:00:00

Frank NutterSEVERE drought in parts of the US, raging wildfires in Greece and the devastating impact of the current hurricane season on Central America are reminders of the crucial role that observations of the earth play in supporting the insurance...

Sorting out issues in earnest for a nuclear power plant

2007-09-13 00:00:00

Muhammad HanifADVISER for Foreign Affairs Dr Iftekhar Ahmed Chowdhury has indicated about possible future Russian cooperation in nuclear energy sector in Bangladesh, in the course of his press briefing the other day about the outcome of his recent visit to...

For better insight

2007-09-13 00:00:00

WHEN economists talk on gynecology and how to solve the arsenic problem, both physicians and chemists should be out of their professions. The debate on development in this country is getting dangerously one-sided.Quoting an assessment of the International Energy Association,...

Ramadan

2007-09-13 00:00:00

THE holy month of Muslim abstinence has almost arrived. This is the lunar month for fortifying the self with patience, prayer and piety. But piety is not that you throw away millions of money towards the poor with contempt or...

Replenishing food stock

2007-09-13 00:00:00

THE assurances that have been made by the key functionaries of the caretaker government about the availability of food from public stocks to meet the exigencies in the context of extensive damage that has been caused to the foodcrop sector...

Iraq situation is anything but grim and deteriorating

2007-09-13 00:00:00

Tom EngelhardtIt was about this time of year in 2002, in the halcyon days of the Bush administration, that White House Chief of Staff Andrew Card offered a little political marketing advice to the world. In explaining why the Bush...

Cleaning up after Bhopal gas tragedy not begun

2007-09-13 00:00:00

Praful BidwaiA generation after the world's worst ever industrial disaster occurred at a U.S. multinational-owned pesticide plant in Bhopal, central India, responsibility continues to be evaded on cleaning up thousands of tonnes of toxic chemicals that have contaminated the soil...

Exim Bank to award scholarships to 500 students

2007-09-13 00:00:00

Central Bank to encourage mechanism to mitigate commodity price risk

2007-09-13 00:00:00

Bangladesh Bank Governor Salehuddin Ahmed has assured businesses of taking initiative to encourage developing a mechanism for mitigating the risk of volatility in commodity prices."We need to devise our own mechanism to protect against the increasing commodity price risk," he...

Asian markets end mixed

2007-09-13 00:00:00

TOKYO, Sept 12 (AP): Asian markets were mixed Wednesday, with Japanese shares falling on news of the prime minister's resignation, while Hong Kong shares rose to a record on hopes for an interest rate cut by the US Federal Reserve.Markets...

Bid to create artificial fish crisis on

2007-09-13 00:00:00

Our CorrespondentCHITTAGONG, Sept 12: A dishonest business syndicate is allegedly trying to create an artificial crisis of fish in the market by resorting to hoarding imported fish from Myanmar. The businessmen reportedly formed a syndicate and started hoarding the imported...

Mercantile Bank, BRAC ink Tk 1.0b term-loan deal

2007-09-13 00:00:00

FE ReportMercantile Bank Limited has extended Tk 1.0 billion term-loan facility to BRAC, a non-governmental organisation (NGO).In this connection, an agreement was signed between the two organisations in the city Tuesday, said a press release.Deputy Managing Director of the bank...

Asian markets end mixed

2007-09-13 00:00:00

TOKYO, Sept 12 (AP): Asian markets were mixed Wednesday, with Japanese shares falling on news of the prime minister's resignation, while Hong Kong shares rose to a record on hopes for an interest rate cut by the US Federal Reserve.Markets...

corporatewatch

2007-09-13 00:00:00

CSE re-fixes trading hour during RamadanDuring the month of holy "Ramadan" the trading of Chittagong Stock Exchange (CSE) will start at 10am and continue until 1:30pm. CSE office will remain open from 9am to 3:30pm. Shares will be received by...

Dhaka Bank holds EGM

2007-09-13 00:00:00

FE ReportThe third extraordinary general meeting (EGM) of Dhaka Bank Limited has decided to issue its First Subordinated Convertible Bond as Tier II Capital amounting to Tk 2.0 billion. The EGM was held in the city Monday, said a press...

Govt to relax rules on import of plastic raw materials

2007-09-13 00:00:00

FE ReportThe government is going to relax its rules on import of plastic raw materials up to September 30. After the announcement of the budget for fiscal 2007-08, the government issued a Statutory Regulatory Order (SRO) saying that the importers...

Square Pharma approves 50pc cash, 50pc stock dividends

2007-09-13 00:00:00

FE ReportSquare Pharmaceuticals Ltd (SPL) has approved 50 per cent cash dividend and 50 per cent stock dividend (bonus share) for its shareholders for the year ended on March 31, 2007. The dividends were approved in its 41st annual general...

Mutual Trust Bank, Qatar money exchange co sign remittance deal

2007-09-13 00:00:00

FE ReportMutual Trust Bank Ltd (MTBL) and Trust Exchange WLL, Doha have signed a remittance agreement in Qatar recently.MTBL's Managing Director (MD) Kazi Md Shafiqur Rahman and General Manager (GM) of Trust Exchange WLL AV Bramma Rao signed the deal...

IFCS president Sanaullah awarded

2007-09-13 00:00:00

FE ReportThe Dhaka Regional Chapter (DRC) of the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) has felicitated and conferred Professional Excellence Award to Mohd Sanaullah for his contribution in upholding the dignity of the profession of company secretary...

TNT opens its second branch in Ctg

2007-09-13 00:00:00

FE ReportTNT Express, a leading express distribution company, opened its second branch in Chittagong Sunday, said a press release.The company is a part of East Coast Group of Companies in Bangladesh.The new office in Agrabad commercial area is TNT's 10th...

Jensen to head GP from Oct 1

2007-09-13 00:00:00

FE ReportThe board of directors of Grameenphone (GP) Tuesday appointed Anders Jensen (38), a Swedish national, as the company's new chief executive officer (CEO), who will succeed Erik Aas from October 01, 2007.Anders Jensen has served as chief marketing officer...

Partial lifting of ban on politics is not nearly enough: HRW

2007-09-13 00:00:00

New York-based Human Rights Watch (HRW) has said the caretaker government's (CG) decision to partially lift the ban on political activities in Bangladesh is not nearly enough to address widespread restrictions on basic freedoms and human rights abuses.HRW Asia advocacy...

Delwar seeks lifting of emergency, ban on indoor politics across country

2007-09-13 00:00:00

As their party headquarters remained off-limits, new BNP secretary general Khandoker Delwar Hossain Wednesday said they would not go for any discussion with the "expelled" leaders about opening the office as they "don't belong to the party anymore", reports UNB."Mannan...

It's not right time to follow tight monetary policy: Aziz

2007-09-13 00:00:00

FE Report Finance and planning adviser Mirza Azizul Islam said Wednesday the contractionary monetary policy has not been followed over the past couple of months because of the prevailing economic situation."The central bank has not pursued the contractionary monetary policy...

Pros and cons of proposed gas-price hike

2007-09-13 00:00:00

Shahiduzzaman KhanThe government is considering a move for raising gas tariff again. The Energy Division has prepared a fresh proposal last month following the recommendations from the Petrobangla for upward adjustment of the natural gas tariff for seven types of...

Sumatra quake triggers tsunami alerts along coasts of Bangladesh, other areas

2007-09-13 00:00:00

A tsunami may surge up to Bangladesh coast after Wednesday midnight following an earthquake near southern Sumatra of Indonesia, a Met warning said, report UNB/ bdnews24.com/Reuters. "It may generate tsunami wave in the Bay of Bengal of the North Indian...

Pros and cons of proposed gas-price hike

2007-09-13 00:00:00

Shahiduzzaman KhanThe government is considering a move for raising gas tariff again. The Energy Division has prepared a fresh proposal last month following the recommendations from the Petrobangla for upward adjustment of the natural gas tariff for seven types of...

Law enforcers, mobile court to monitor essentials' prices

2007-09-13 00:00:00

FE ReportThe government has taken initiatives to keep the prices of essential commodities, particularly vegetables and fishes, at a tolerable level in the capital during the holy month of Ramadan. Under the measures, the retailers in the kitchen markets in...

Shamim Osman jailed for 8 yrs, Chy Alam, wife 10 yrs

2007-09-13 00:00:00

NARAYNGANJ, Sept 12 (UNB/bdnews24.com): A court here Wednesday sentenced former Awami League (AL) lawmaker AKM Shamim Osman to eight years in jail for concealing wealth information and dodging income tax payment. Meanwhile, a Dhaka court Wednesday sentenced DCC ward commissioner...