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Five robbers arrested in city

2007-09-12 00:00:00

Five robbers were arrested while committing dacoity at two houses at Bautharpur of Barabarirtek under Uttarkhan thana in the capital early Tuesday, reports UNB.Police said armed bandits, numbering 19/20, stormed into the houses of Abdul Awal and his brother Abdul...

50 years of petroleum engineers' society celebrated in country

2007-09-12 00:00:00

FE ReportSPE Bangladesh, the Bangladesh chapter of the Society of Petroleum Engineers (SPE), organised a programme Sunday to celebrate 50 years of the SPE. AMM Nasir Uddin, secretary of the Ministry of Energy and Mineral Resources, was the chief guest...

Rifat wants to be engineer

2007-09-12 00:00:00

Rifat Zaman has secured GPA-5 in the HSC examination (Science group) held this year from Notre Dame College under Dhaka Board. He also secured GPA-5 in the SSC examination (Science group) from Govt Laboratory High School, Dhaka in 2005, said...

BSF kills Bangladeshi fisherman

2007-09-12 00:00:00

CHAPAINAWABGANJ, Sept 11 (UNB): A Bangladeshi fisherman was shot dead and another injured by Indian border guards in Masudpur frontier area of Shibganj Upazila Monday night. Deputy Commander of BDR Battalion-39 Ekramul Haq Khan said BSF from Padma char camp...

Govt admits it erred in suspending feasibility study on deep seaport

2007-09-12 00:00:00

The government Tuesday admitted its earlier decision to suspend the techno-economic feasibility study on the proposed deep seaport was not only wrong, but also showed lack of knowledge about the related contract, reports UNB."As per the contract, the government cannot...

Govt to set time-limit on admin reforms

2007-09-12 00:00:00

The caretaker government has decided to set a time-limit to complete its administrative reforms, a top civil servant said Tuesday, reports bdnews24.com. "Speeding up of the process will extend to the people the benefit of the reforms already undertaken as...

New party places 14-pt proposals to introduce federal system of govt

2007-09-12 00:00:00

Political mystery-man Serajul Alam Khan's new platform Tuesday placed 14-point proposals to the caretaker government (CG) for introducing federal system of government by dividing Bangladesh into several provinces having bicameral parliament and national security council through constitutional changes. Samajik Rajnoitic...

AL working body meet today

2007-09-12 00:00:00

Awami League (AL) working committee will meet at the party's Dhanmondi office in the city today (Wednesday) at 4:00 pm, reports UNB.AL Acting President Zillur Rahman will preside over the meeting.The working committee will discuss issues concerning dialogue with the...

Delwar demands complete withdrawal of ban on politics

2007-09-12 00:00:00

BNP secretary general Khandaker Delwar Hossain Tuesday demanded complete withdrawal of the ban on politics, lifting of the state of emergency, and release of party chairperson Khaleda Zia, reports UNB."In fact, the ban on indoor politics has not yet been...

Arrest warrant issued against Nazimuddin Alam

2007-09-12 00:00:00

BHOLA, Sept 11 (UNB): A court here Tuesday issued arrest warrant against 26 people, including former Bangladesh Nationalist Party (BNP) lawmaker Nazimuddin Alam, on charge of attacking the house of an Awami League (AL) leader after the 2001 general election.Judge...

Inter-agency taskforce formation underway

2007-09-12 00:00:00

A Z M AnasBangladesh is pressing forward with a plan to establish a dedicated inter-agency taskforce to be entrusted with the responsibility of retrieving the assets stashed away by the suspected corrupt. "We're planning to put in place such an...

Law relaxing punishment for ‘honest’ offender on the anvil

2007-09-12 00:00:00

Law Adviser Mainul Hosein Tuesday said the government is contemplating enactment of a new law relaxing the terms of punishment if any accused person confesses his or her offence before the court, reports UNB.Talking to reporters, the Adviser said under...

Bad omens for BTTB

2007-09-12 00:00:00

Shamsul Huq Zahid There were, at least, three separate news reports published in the national dailies for the last couple of days that involved, on way or the other, the interests of the state-owned Bangladesh Telegraph and Telephone Board (BTTB)....

Two lighterage ships run aground near Ctg Port

2007-09-12 00:00:00

CHITTAGONG, Sept 11 (UNB): Two lighterage ships ran aground near the outer anchorage of Chittagong Port and near Anu Majhir Ghat in the Karnaphuli river Tuesday morning.Port sources said the ship MV Shahbadar-2, carrying 900 tonnes of wheat, got stuck...

Two more RU teachers sent to jail after surrender

2007-09-12 00:00:00

Two more teachers and a student of Rajshahi University (RU) were sent to jail after surrendering before a Rajshahi court Tuesday, as they were wanted in connection with the campus turmoil, reports UNB.The two teachers of Geology and Mining Department...

NBR turns down IMF plea to keep small businesses out of turnover tax

2007-09-12 00:00:00

Shakhawat Hossain The National Board of Revenue (NBR) has disagreed with an International Monetary Fund (IMF) suggestion relating to keeping the business entities with annual transaction of less than Tk 5.0 million out of turnover tax purview, sources said.The visiting...

Musharraf on collision course with judiciary

2007-09-12 00:00:00

Jo Johnson in New Delhi and Farhan Bokhari in Islamabad, FT Syndication ServiceThe arrest and deportation of Nawaz Sharif, returning former prime minister, has set Pervez Musharraf on collision course with Pakistan's Supreme Court. The move significantly raises the possibility...

Taka appreciation against dollar ruled out

2007-09-12 00:00:00

Finance Adviser AB Mirza Azizul Islam Tuesday ruled out appreciation of the taka against the dollar to counter inflationary pressure saying that the move could affect the export sector, report agencies. Earlier last week, economists and civil society representatives at...

Inflation to come down this month, says BB chief

2007-09-12 00:00:00

FE Report The central bank governor Tuesday discarded any possibility of further rise in inflation and said the soaring rate is expected to come down within this month."The existing rate of inflation will stage a decline in September as the...

GP ropes in Anders Jensen as new CEO

2007-09-12 00:00:00

Grameenphone (GP) has appointed Anders Jensen as the company's new chief executive officer (CEO). He succeeds Erik Aas, who is set to leave the company on October 1, GP said in a statement Tuesday. Jensen will be the first non-Norwegian...

1,000 slum families evicted in city

2007-09-12 00:00:00

A drive to recover land of the Health Directorate in the city's so-called Seven-Storey Slum area at Mohakhali left about 1,000 families homeless Tuesday. The local people claimed that there were about 5,000 families in the slum area, but the...

Gas pipeline explodes into violent fire in Ctg

2007-09-12 00:00:00

Chittagong, Sep 11: The pipeline of the Expanded Bakhrabad Gas line exploded into a violent fire at the middle of the Kalurghat bridge over the Karnaphuli river Tuesday night threatening two residential areas and 25 industrial units. "The fire, which...

Food prices continue to soar in international market

2007-09-12 00:00:00

FE Report Prices of essentials are maintaining a rising trend in the local market mainly because of the over-heated international commodity market, official sources said. The prices of rice jumped by 64 per cent while wheat by 88 per cent...

ADB to give $20m as budgetary support credit to Bangladesh

2007-09-12 00:00:00

FE ReportThe Asian Development Bank (ADB) is likely to provide US$20 million as a budgetary support credit to help the government carry out post-flood rehabilitation activities, official sources said.The sources said the Manila-based lender has given a green signal about...

NBR to verify Cotecna's inspection irregularities

2007-09-12 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) has taken steps to verify the alleged irregularities of pre-shipment inspection (PSI) company M/S Cotecna Inspection SA.Recently, an investigation team of the government found irregularities of the company relating to import of...

Businesses requested not to be misled by tax lawyers

2007-09-12 00:00:00

FE ReportChairman of the Securities and Exchange Commission (SEC) Faruk Ahmed Siddiqi at a seminar Tuesday requested the businessmen to pay appropriate amount of taxes for avoiding hassles and maintain the growth momentum of their respective enterprises.He said most businesses...

DSE market capitalisation crosses Tk 600b-mark

2007-09-12 00:00:00

FE ReportThe total market capitalisation of the country's premier bourse- Dhaka Stock Exchange (DSE)- Tuesday crossed Tk 600-billion mark, a new milestone, although the indices declined due to profit-taking after a record ten-day rally.Debut trading of a new issue-Bangladesh Finance...

EC dialogues with parties begin today

2007-09-12 00:00:00

The Election Commission (EC) begins dialogues on electoral reform with political parties today (Wednesday), reports bdnews24.com. "We are ready for discussion with the political parties. The parts of the draft electoral law reforms, on which both parties agree need not...

Flood situation worsens further in south-central part

2007-09-12 00:00:00

As there has been little respite in rain and onrush of water from hills, the flood situation aggravated further in the country's south-central part Tuesday, taking the death toll from the monsoon flooding to 848, report agencies. However, the flood...

Amended EPR allows transfer of any case to Spl Judge's Court

2007-09-12 00:00:00

The stringent Emergency Power Rules (EPR) 2007 has been amended empowering the government or the Anti-Corruption Commission (ACC) to transfer any scheduled criminal case under the EPR to the Special Judge's court from courts of Sessions Judge, Magistrate or Special...