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Model United Nations at ISD

2008-11-12 00:00:00

The International School Dhaka (ISD) hosted its third Model United Nations Conference 'DHAMUN III' recently, said a press release. Students from the ISD and six other English-medium schools, namely Aga Khan, Maple Leaf, Mastermind, Oxford, Sir John Wilson and Sunbeams,...

19 get Meena Media Award

2008-11-12 00:00:00

Some 19 writers, presenters, film makers, directors and producers received the 'Meena Media Award-2008' for their outstanding contribution to children's issues in print and electronic media in Bangladesh, reports BSS.UNICEF Representative Carel de Rooy handed over crests styled after iconic...

REHAB fair begins to regain buyers' confidence

2008-11-12 00:00:00

Munima Sultana The REHAB fair 2008 began in the city on Tuesday with a better market outlook compared to last year when the sale of apartments dropped significantly.In 2007, the sector had dull business due to increased price of land...

Real Estate Management Ordinance still under scrutiny

2008-11-12 00:00:00

Syed Ishtiaque RezaA debate continues on the proposed "Bangladesh Real Estate Management Ordinance 2008" and the piece of law is still under scrutiny to make it acceptable, mainly to the developers.Although initially acceptable to many, realtors however object to some...

The considerations for buying homes

2008-11-12 00:00:00

FE report The annual fair of the Real Estate and Housing Association of Bangladesh began on Tuesday. Like previous years, the developers expect brisk business during the three-day fair despite the economic outlook in the country as well as the...

China's fastest-changing cities

2008-11-12 00:00:00

Matt WoolseyTen years ago, the Minnan Hotel dominated the skyline in Xiamen, a special economic zone on the Taiwan Strait. At 550 feet tall--about the size of the skyscrapers that abut New York's Central Park--it was a conspicuous outlier in...

Skyscrapers portend doom

2008-11-12 00:00:00

Edwin Heathcote There is a theory that skyscrapers are an indicator of looming recession. With dozens of tall towers planned for London, the omens are bad. The biggest, Renzo Piano's Shard of Glass at London Bridge - set to be...

AL picks up candidates in Ctg thru' ballots for nomination

2008-11-11 00:00:00

CHITTAGONG, Nov 10 (UNB): Local Awami League (AL) has picked up candidates for nomination from four constituencies in the port city through direct balloting at the grassroots level for contesting the upcoming parliamentary polls.The voting was held at Priya Community...

Govt to decide if convicts can participate in polls: ACC chief

2008-11-11 00:00:00

Anti-corruption Commission (ACC) chairman Lt Gen (retd) Hasan Mashhud Chowdhury Monday said it was up to the government to decide whether the convicted politicians would be allowed to participate in the upcoming elections, reports UNB."We have nothing to say," he...

HC asks govt not to arrest or harass Bahauddin Nasim, Alauddin

2008-11-11 00:00:00

The High Court (HC) Monday asked the government not to arrest or harass AFM Bahauddin Nasim, president of Awami Swechchhasebak League, and Alauddin Ahmed Chowdhury, APS to ex-leader of the opposition in parliament Sheikh Hasina, without due process of law,...

LGC meets Chief Adviser

2008-11-11 00:00:00

A three members of the newly formed Local Government Commission (LGC), led by its chairman Fayzur Razzak, paid a courtesy call on Chief Adviser (CA) Fakhruddin Ahmed Monday, reports UNB.The two other members were Hedayetul Islam Chowdhury and Professor Dr...

Shaheed Noor Hossain Day observed

2008-11-11 00:00:00

Shaheed Noor Hossain Day was observed across the country Monday, in remembrance of the young pro-democracy activist whose death sparked an uprising that overthrew an autocracy, reports bdnews24.com.Noor Hossain was shot dead by police near Zero Point in Dhaka, on...

HC asks govt to retest all 8 milk brands for melamine

2008-11-11 00:00:00

The High Court (HC) has directed the government to test samples of all brands of powdered milk on the shelves in the laboratories of Dhaka University (DU), Bangladesh Atomic Energy Commission (BAEC) and Bangladesh Standards and Testing Institution (BSTI) and...

Tk 50b wiped off DSE since Oct 9

2008-11-11 00:00:00

FE ReportDGEN, the benchmark index of Dhaka Stock Exchange (DSE) deviated Monday from its sinking-trend and rose nearly 33 points, for the second time in more than a week's time, amidst violent demonstration by a group of small investors in...

SEC to work out plan to bring stability in stock market

2008-11-11 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) will work out a plan to bring stability in the stock market and restore investors' confidence affected badly by a lingering bearish spell."The commission will take up short, medium and long term plans...

Global meltdown: Its nature and fallouts

2008-11-11 00:00:00

Abul Maal A MuhithThe situation of 1929 when the great depression began was not very different from that of today in terms of easy availability of money. This time the investment in real estate is the culprit whereas speculative investment...

Tension eases as Myanmar withdraws rig, naval ships

2008-11-11 00:00:00

FE ReportThe tension between Dhaka and Yangon over the rights to hydrocarbon exploration blocks in the Bay subsided Monday following withdrawal of the South Korean rig engaged by Myanmar for offshore drilling, said officials."This happy conclusion in the Bay has...

Saifur, Nizami, Mojaheed sent to jail

2008-11-11 00:00:00

A special court ordered Monday BNP leader M Saifur Rahman and Bangladesh Jamaat-e-Islami chief Motiur Rahman Nizami and secretary general Ali Ahsan Mohammad Mojaheed into jail in the Barapukuria coalmine case, reports bdnews24.com. Their lawyers appealed to the judge Amar...

BBBF should consider gas pricing issues: MCCI

2008-11-11 00:00:00

FE ReportThe Metropolitan Chamber of Commerce and Industry (MCCI) has urged that Bangladesh Better Business Forum (BBBF) to urgently consider the gas pricing issues. Undue increase in gas prices will not only aggravate the inflationary pressure in the economy but...

Hesjedal made new CEO of GP

2008-11-11 00:00:00

FE Report Grameenphone (GP), the leading mobile phone operator in Bangladesh, Monday announced that its board of directors has appointed Oddvar Hesjedal as the company's new chief executive officer (CEO).Mr Hesjedal (58) takes up the position, succeeding Anders Jensen, who...

Internal bandwidth charges reduced further by 60pc

2008-11-11 00:00:00

FE ReportThe country's telecom regulatory body for the second time in a gap of less than five months has further slashed the internal bandwidth charges of submarine cable network by around 60 per cent.The Bangladesh Telecommunication Regulatory Commission (BRTC) Monday...

3 Bangladeshis burnt to death in Bahrain

2008-11-11 00:00:00

Three Bangladeshi workers were burnt to death and seven others injured in a gas-cylinder explosion at a labour camp in the Bahraini capital of Manama Friday. The dead were identified as Tota Mia alias Farooq (40) and his brother Kadar...

Saudi embassy issues 40,000 Hajj visas

2008-11-11 00:00:00

The Royal Embassy of Saudi Arabia in Bangladesh has issued 40,000 Hajj visas this year until Monday. The passports, after being endorsed with visas, have already been handed over to the government Hajj office and private Hajj agencies. — FE...

Loans, bills repayment until Nov 13

2008-11-11 00:00:00

FE Report Both loan and utility bill defaulters get three days more for repaying and rescheduling of their dues following the amendment of the existing Representation of the People Order (RPO) by the government. The council of advisers of the...

Asia looks to rework IMF relationship, G-20 for expanded role to combat economic turmoil

2008-11-11 00:00:00

David Pilling and Geoff DyerAsia, so far at least, has escaped relatively lightly from a financial crisis that began in the US and ended with the nationalisation of a large chunk of the west's financial system.Fairly well capitalised banks, cautious...

Collection of income tax exceeds that of last year by Tk 60m so far

2008-11-11 00:00:00

Doulot Akter MalaCollection of income tax this year exceeded that of last year by Tk 60 million on Sunday with three more days remaining for submission of returns, officials said.The National Board of Revenue (NBR) on last Thursday extended the...

Ananda to hand over 6 ferries to Mozambique Thursday

2008-11-11 00:00:00

FE Report Ananda Shipyard, a leading ocean-going shipbuilding company in the country, will hand over six ferries and boats worth US$ 8.0 million to the government of Mozambique Thursday next.This was disclosed by the company at a press conference at...

Capital machinery import grows 28pc in Q1

2008-11-11 00:00:00

FHM Humayan KabirImport of industrial raw materials and capital machinery grew 28 per cent during the first quarter of fiscal 2008-09, officials said.According to Bangladesh Bank statistics, import of industrial raw materials registered a growth of 40.36 per cent and...

BTRC seeks public opinion on second draft NTTN guidelines

2008-11-11 00:00:00

FE Report The country's telecom regulatory body, working for issuance of licences to private sector for building, operating and maintaining nationwide optical fibre network, has published the second draft of the National Telecommunication Transmission Network (NTTN) guidelines for public opinion.On...

China unveils $586b plan to bolster weakening economy

2008-11-11 00:00:00

From Fazle RashidNEW YORK, Nov 10: China fearing that its economy is cooling much faster than it had earlier anticipated in the face of a weaker international demand announced a massive economic stimulas programme designed at bolstering its weakening economy....