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Asia-Pacific businesses call for carbon pricing

2007-09-08 00:00:00

Fayen WongBusiness leaders in the Asia-Pacific region said on Wednesday they will ask governments to put a price on carbon emissions as soon as possible to combat climate change.The Pacific Rim business heads, gathered in Sydney for the Asia Pacific...

Uphold the principles of fair trade and win-win

2007-09-08 00:00:00

China and the United States have become each other' s second trade partner since 2006, with a good momentum evident in bilateral trade over recent years. Their cooperation has also witnessed a fast expansion in investment, services and other sectors....

India grows beyond analysts forecasts

2007-09-08 00:00:00

The Indian economy has seen above expectation growth, particularly in manufacturing and services, according to figures released by the Indian Ministry of Statistics recently.The Gross Domestic Product (GDP) had increased over the second quarter on the year before, rising by...

NBR out to net big fishes, not small ones

2007-09-08 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) says it will not conduct scrutiny of the returns of marginal taxpayers to detect tax evasion."We'll not look for the returns of the holders of tax index number (TIN) who pay income...

Govt yet to sign deals with small IPP bidders

2007-09-08 00:00:00

S M JahangirThe government is yet to sign agreements with the bidders selected for setting up 10 small power plants. The selection process was completed two months back.The inordinate delay in the signing of the agreements contradicts the government's apparent...

Mainstream issue: Delwar brushes off Bhuiyan's claim

2007-09-08 00:00:00

BNP secretary general Khandaker Delwar Hossain Friday brushed aside Abdul Mannan Bhuiyan's claim that his faction represented the mainstream BNP. "Those expelled are no more in the party. Their claim of being the mainstream BNP is illegal," he told bdnews24.com...

Debates surface within AL over holding talks with EC

2007-09-08 00:00:00

Debates clearly surfaced within Awami League (AL) in recent time over holding dialogue with the Election Commission (EC) and participating in next year's general elections keeping party chief Sheikh Hasina in jail, reports UNB. Difference of opinion is also evident...

UN warns of food price unrest

2007-09-08 00:00:00

Javier Blas, FT Syndication ServiceROME: Developing countries face serious social unrest as they struggle to cope with soaring food prices, inflation that shows no signs of abating, the United Nations' top agriculture official has warned.Jacques Diouf, director-general of the UN's...

ERD starts negotiations over $75m WB budgetary support next week

2007-09-08 00:00:00

A Z M AnasThe caretaker government opens talks with the World Bank (WB) next week for a US$75 million loan package needed to cushion the impact of devastating flood."We'll be negotiating with bank officials Sunday for the credit to be...

Aman plantation intensifies in flood-hit districts

2007-09-08 00:00:00

Jasim Uddin Haroon The cultivation of 'ropa' (transplanted) Aman, popularly known as T- aman, has intensified since last week following full recession of flood waters from the affected districts across the country, according to the Department of Extension (DAE). The...

All govt colleges in divisional cities reopen today

2007-09-08 00:00:00

All government colleges in country's divisional cities will be reopened today (Saturday) following a government announcement in this connection, reports UNB.The authorities of all government colleges in the cities have decided to reopen their respective institutions Saturday.In Sylhet, the authorities...

Coco hospitalized with chest pain

2007-09-08 00:00:00

Arafat Rahman Coco was admitted to Bangabandhu Sheikh Mujib Medical University Hospital Friday afternoon with chest pain, less than 24 hours after he was taken to the Dhaka Central Jail, reports bdnews24.com. The younger son of detained former prime minister...

2 Bangladeshi shepherds killed in BSF firing

2007-09-08 00:00:00

SATKHIRA Sept 07: Border Security Force (BSF) of India shot dead two Bangladeshi shepherds at Kushkhali frontier in Sadar Upazila here Friday. The deceased were identified as Ali Hossain (25), son of Barakatullah of Satani village and Harun Mollah (18),...

25 fishermen missing as 4 trawlers capsize in Bay

2007-09-08 00:00:00

BAGERHAT, Sep 07: Twenty-five fishermen went missing as four fishing trawlers capsized in the Bay Thursday night due to bad weather. Survivors said the four trawlers, carrying 50 fishermen, sank in the Bay as they were hit by strong currents....

Young man gunned down in city

2007-09-08 00:00:00

A young man was gunned down by unknown assailants at Dania under Shyampur thana Thursday night. The victim was identified as Syed Shafi Mahmud (24), son of Syed Mohammad Ibrahim of 61 Islampur under Kotwali police station. Police quoted victim's...

Occupational shift plays key role

2007-09-08 00:00:00

FE ReportBangladesh's overall growth has been biased to the poorest of the poor because of higher per capita expenditure by the extreme poor than by the moderate poor and the non-poor population, a World Bank (WB) report said.A gradual occupational...

DCCI holds seminar on South East Asia's economic growth

2007-09-07 00:00:00

A seminar organised by the Dhaka Chamber of Commerce and Industry (DCCI) in cooperation with DCCI - SEDF Knowledge Centre and Institute of Training Innovative Management and Technology (INTIMATE) on "Economic Growth and Business Transformation in South East Asia -Bangladesh's...

Meeting on controlling essentials' prices held at Gaibandha

2007-09-07 00:00:00

Our CorrespondentGAIBANDHA, Sep 6: A views-exchange meeting on keeping the prices of the essential commodities under control during the month of Ramadan was held in the conference room of Gaibandha district collectorate Sunday with Deputy Commissioner (DC) Quazi Md Anwarul...

Al-Arafah Bank signs remittance deal with UK-based company

2007-09-07 00:00:00

FE ReportAl-Arafah Islami Bank Ltd (AAIBL) and JAP Financial Services Ltd (JAPFSL), an UK-based remittance house, signed a foreign remittance exchange agreement in the city recently.AAIBL Senior Vice-President ANM Abdus Shahid and Vice-President AW Shamsuzzuha along with JAPFSL Chairman Faruque...

Rezaul Alam joins US accounting firm as partner

2007-09-07 00:00:00

FE ReportMir Mohammad Rezaul Alam, CPA, joined Deloitte and Touche LLP, one of the big four accounting firms in the USA, as a partner on August 26, this year. Prior to joining the firm, Rezaul Alam worked for the last...

JB managers asked to improve customer service

2007-09-07 00:00:00

BRAHMANBARIA, Sept 6: Half yearly managers conference of Comilla area of Janata Bank (JB) was held in the auditorium of Diabetic Hospital in Comilla town recently.General Manager of JB local office, Dhaka and additional incharge of Comilla Area Md Sirajul...

corporatewatch

2007-09-07 00:00:00

EGM of Atlas on Sept 12An extraordinary general meeting (EGM) of Atlas Bangladesh will be held on factory premises at 265-267 Tongi Industrial Area, Gazipur on September 27, '07. The record date for the EGM is September 12, '07. Other...

Japan-ADB grant to assist dev projects in achieving MDGs

2007-09-07 00:00:00

FE Report The government of Japan and the Asian Development Bank (ADB) will assist Bangladesh in ensuring effective monitoring and evaluation of development projects meant to bring the South Asian nation closer towards achieving the United Nations' millennium development goals...

IBBL signs instant cash service deal with USA-based company

2007-09-07 00:00:00

FE ReportAn agreement on instant cash service was signed between Islami Bank Bangladesh Limited (IBBL) and USA-based Placid NK Corporation (PNKC) in the US recently. IBBL Deputy Executive President and Head of International Banking Wing Mohammad Abdul Mannan and PNKC...

Govt decides to set up two new urea factories

2007-09-07 00:00:00

The government has decided to set up two new urea fertiliser factories in the country in the wake of increasing demand in the agricultural sector, reports UNB.One of the proposed factories, North-West Fertiliser Factory Limited, will be set up in...

AB Bank approves 30pc dividend

2007-09-07 00:00:00

Arab Bangladesh Bank (AB) approved a 30 per cent dividend for its shareholders at its 25th annual general meeting (AGM) held in the city recently, said a press release.The bank is celebrating its silver jubilee this year with a marked...

Drug smuggling thru' Teknaf, Ukhiya borders rampant

2007-09-07 00:00:00

Our CorrespondentCHITTAGONG Sept 6: Drug smuggling through different points of Teknaf and Ukhiya borders into Myanmar is rampant.Hundreds of pharmacies have been built up at different places, including the zero points, along the aforesaid border areas, sources said.Sales representatives of...

Bangladesh Tea Association holds 47th AGM

2007-09-07 00:00:00

FE ReportThe 47th annual general meeting (AGM) of 'Bangladeshiyo Cha Sangsad' - Bangladesh Tea Association (BTA), the only representative organisation of the owners of the country's tea gardens, was held at Agrabad in Chittagong recently. BTA Senior Vice-Chairman Mohd Safwan...

Lawyers pressure Musharraf to step down

2007-09-07 00:00:00

Hundreds of lawyers rallied and boycotted courts across Pakistan in a renewed campaign to force President Pervez Musharraf to step down as supporters of former premier Nawaz Sharif prepared for his promised return from exile, report agencies.Courts in major cities...

Myanmar monks take 20 security forces hostage

2007-09-07 00:00:00

YANGON, Sept 6 (AFP): Hundreds of Buddhist monks have taken about 20 members of Myanmar's security forces hostage inside their monastery, one day after clashes broke out at an anti-junta protest, residents told AFP Thursday. The security forces came to...