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Young man gunned down in city

2008-11-16 00:00:00

A young man, reportedly a police informer, was gunned down in Golapbagh area of the city Saturday evening. The deceased was identified as Minto Miah (30), son of the late Wahid Miah of Comilla district. He was residing in Dhaka's...

BSF sends back 7 Bangladeshi youths

2008-11-16 00:00:00

BENAPOLE (Jessore), Nov 15: Indian Border Security Force (BSF) sent back seven Bangladeshi youths, who were trafficked to India two years back, through the Benapole check-post Friday. — UNB

PCBs have highest interest income-asset ratio

2008-11-16 00:00:00

Shakhawat Hossain The country's private commercial banks (PCBs) have the highest interest income-asset ratio while foreign commercial banks (FCBs) have recorded higher non-interest income asset ratio, said a Bangladesh Bank report."A comparison of total interest income and total assets by...

Organisers claim success as REHAB Fair '08 ends

2008-11-16 00:00:00

Mehdi Musharraf BhuiyanREHAB Fair 2008, an annual event of the country's real estate companies, ended Saturday amid mixed response among the participating developers as well as their prospective buyers.While a great segment of the participating developers reported significant drop in...

Global financial crisis unlikely to affect country's economy: SEC

2008-11-16 00:00:00

FE ReportThe global financial meltdown is unlikely to affect the country's economy at least for next two to three years, the Securities and Exchange Commission (SEC) Chairman Faruq Ahmed Siddiqi said Saturday."It will rather be a boon for the country's...

Chemical experts to check standard of imported food items at Ctg port

2008-11-16 00:00:00

Doulot Akter MalaWith growing concern on import of substandard food items in the country, the government has taken a move to strengthen the checking mechanism in the port of entry.The National Board of Revenue (NBR) has decided to engage some...

G-20 should not promote IMF monopoly on lending to developing countries, CEPR warns

2008-11-16 00:00:00

WASHINGTON, DC: The Center for Economic and Policy Research (CEPR) warned of the dangers of allowing the IMF to control lending to developing countries during the current economic crisis, says an e-dispatch."The IMF answers mainly to the U.S. Treasury Department,...

Strike halts trading at city's Moulvibazar

2008-11-16 00:00:00

Trading at Moulvibazar, country's largest wholesale market, halted Saturday as the businessmen enforced a daylong strike in the old part of the capital city in protest against an attack on some business people by miscreants, reports UNB.President of Moulvibazar Traders'...

Mahmud prefers polls to Hasina-Khaleda talks

2008-11-16 00:00:00

Eminent economist Prof Wahiduddin Mahmud Saturday said holding talks between the two top leaders (Hasina-Khaleda) of two major political parties was irrelevant at this point of time as the general election was slated for December 18, reports UNB."Time is so...

Economic growth and poverty level

2008-11-15 00:00:00

A report, titled, 'Human Development in South Asia: A Ten-Year Review' published the other day, marking the 10th anniversary of the first South Asia Human Development Report, presented a grim picture of poverty in South Asia. It said the total...

Food crisis: New set of questions surfaces

2008-11-15 00:00:00

Billy AhmedIn the wake of a food crisis that grasped the media attention during the summer of 2008, a new set of questions is beginning to surface. As analysts predict, the era of cheap resources is finally over, the food...

A Dhaka-Chittagong expressway for better business

2008-11-15 00:00:00

Amirul IslamThe Chittagong port's functioning is reported to have improved over the past year and a half. It has been possible because the government gave focused attention to the port. The results have been impressive. The time of handling cargoes...

Meeting two major demands from pharmaceutical industries

2008-11-15 00:00:00

THE government should immediately recognise the merit of accepting and working on at least two of the proposals that have been made by the pharmaceutical industries. Some such industries have demanded giving of cash incentives to export-oriented pharmaceutical units. These...

The expansion of the capital city

2008-11-15 00:00:00

THE capital city continues to grow in all directions. Despite expansion, the city has become so congested that it offers no corner for setting up of quiet residential areas. Despite its tremendous expansion, Uttara Model Town has become overcrowded. It...

Bangladesh cannot ignore e-governance any more

2008-11-15 00:00:00

IN the present day context, there is no better alternative to electronic communication to speed up our activities. Some people and organisations have taken to advanced technology, fully or partially, to be with the trend. They have their own websites...

Integrating Bangladeshis in the UK

2008-11-15 00:00:00

Md. Anwarul KabirWith the integration of different immigrant groups coming from all over the globe, Britain has already transformed itself into a multicultural society in accordance with the British immigration policy. A multicultural society does not concentrate on assimilation rather...

Nuclear option a must to meet power shortage

2008-11-15 00:00:00

Abul Kashem HaiderThe demand of electricity is increasing day by day. Power Development Board is at a loss to meet the growing demand. Although electricity is not included in the list of fundamental needs like food, cloth, education, treatment and...

Computer chip that detects new types of virus

2008-11-15 00:00:00

Syed Fattahul AlimThere was a time when scientists in the field of medicine had to work alone with their microscopes poring over the samples of blood, saliva or any other parts of the infected organ of a human body to...

Cloudy futures for some managers

2008-11-15 00:00:00

Muralikumar AnantharamanAs the financial crisis hammers fund returns, many fund managers are touting their stable long-term records to convince investors that their money is safe. But that argument may soon vanish.The 10-year returns of many funds have held up in...

How low can oil go? A lot lower, but it'll recover

2008-11-15 00:00:00

Christopher JohnsonWorld oil prices could easily fall below $50 a barrel and might even slip towards $40 or perhaps $35, but they will recover and could do so fairly quickly, analysts and economists say.Benchmark U.S. crude futures dropped to a...

The supreme need to forge consensuses

2008-11-15 00:00:00

Enayet RasulNearly thirty-eight years have passed and Bangladesh--today-- has come a long way down the road of nationhood. It can no longer claim to be a country which is in swaddling clothes and, therefore, should be excused for its inexperience....

Tales from Masnavi

2008-11-15 00:00:00

Professor Abdun NoorIt is said that great and lofty ideas can only be expressed in parables(Oslu).The epic poem Masnavi of Jalal al-Din Rumi is a book of such parables. Masnavi means rhyming couplets. Its original Farsee name is Masnave Manavi,...

US shifts course on $700b rescue plan

2008-11-15 00:00:00

After weighing carefully, the U.S. administration has moved to change the course on how to use the 700 billion U.S. dollars rescue plan more efficiently. The administration has decided to scrap what had originally been the centerpiece of the program...

Meltdown takes a toll on frozen food export

2008-11-15 00:00:00

Mahmuda Shaolin The country's frozen food exporters are feeling the squeeze as major American and European buyers, devastated by the global financial meltdown, are demanding price-cuts and delaying fresh orders. They said US and European majors such as Eastern Fish...

BTRC endorses cell phone banking

2008-11-15 00:00:00

Naim-Ul-KarimThe Bangladesh Bank is expected to allow mobile banking in the country after the Bangladesh Telecommunication Regulatory Commission (BTRC) has endorsed the introduction of such service.Sources said Thursday the BTRC has sent its opinion to the central bank favouring introduction...

Insurers to pay Tk 20m fine for missing IPO deadline

2008-11-15 00:00:00

S M JahangirNon-listed insurance companies will have to pay nearly Tk 20 million as financial penalty during renewal of their operating licences for their delay in floatation of initial public offering (IPOs), sources said."Total fine to the tune of Tk...

Businesses set economic agenda for next elected govt today

2008-11-15 00:00:00

FE Report More than a thousand leading businessmen meet in the city today (Saturday) to set a 100-day programme for the next elected government to establish friendly business environment in the country.The Federation of Bangladesh Chambers of Commerce and Industry...

BNP won't take part in polls under emergency: Khaleda

2008-11-15 00:00:00

BNP chairperson Khaleda Zia came down hard on the interim rulers in a radio interview Thursday, saying her party wanted to free the people of the country from the misrule of the government, which was "like a nightmare for the...

AL sets pre-condition for Hasina-Khaleda dialogue

2008-11-15 00:00:00

Setting a pre-condition for dialogue Awami League (AL) said its president Sheikh Hasina was willing to sit with BNP chairperson Khaleda Zia if the general election on December 18 was kept on top of the agenda, reports UNB."Talks cannot be...

World leaders head for crisis summit, euro zone in recession

2008-11-15 00:00:00

HONG KONG/LONDON, Nov 14 (Reuters): World leaders headed to Washington on Friday to discuss ways to protect the global economy from a repeat of the worst financial crisis in 80 years. The worst financial crisis in 80 years has weakened...