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Some IOCs want to get involved in hydrocarbon exploration

2007-08-26 00:00:00

M Azizur RahmanSeveral international oil companies (IOCs) are looking for opportunities to get involved in hydrocarbon exploration in the country's potential onshore gas fields.Sources said Indian Oil and Natural Gas Corporation Ltd (ONGC), French oil giant Total, Scottish Cairn Energy,...

Hearings on state applications against Hasina resumes today

2007-08-26 00:00:00

After a nine-day recess, the Supreme Court (SC) resumes today (Sunday) the hearings on state applications for leave to appeal against the High Court (HC) orders granting bail to detained ex-PM Sheikh Hasina in two extortion cases, reports UNB.On Aug...

Businesses expected to be normal today

2007-08-26 00:00:00

The country's business and commerce that suffered on Thursday and Friday due to curfew and subsequent weekend is expected to become normal today (Sunday) as there will be no curfew from 5.0 am to 11pm today, reports UNB.Banking, insurance companies,...

Prices decline, turnover rises

2007-08-26 00:00:00

FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) declined in the week ended Wednesday last although the daily average turnover marked a rise.The prevalent situation in the country affected the market and trading took place four days instead...

Sharif threatens Musharraf-Bhutto deal

2007-08-26 00:00:00

Jo Johnson in New Delhi and Farhan Bokhari in Islamabad, FT Syndication ServicePakistan's Supreme Court ruling to allow Nawaz Sharif to return to the country has jeopardised negotiations over a power-sharing agreement between Benazir Bhutto and General Pervez Musharraf, analysts...

Deadline for addressing RMG compliance issues may be extended

2007-08-26 00:00:00

FE ReportThe government is likely to extend deadline for addressing the compliance issues, including that for implementation of minimum wages, in apparel units for a further one-month period, sources said. The current deadline for implementation of the compliance issues by...

'Detained teachers be treated with honour'

2007-08-26 00:00:00

Professor AFM Yusuf Haider Saturday said Chief Adviser (CA) Fakhruddin Ahmed had assured that the two detained teachers would be treated with honour, reports bdnews24.com.The acting vice-chancellor of Dhaka University (DU) made the disclosure at a press conference at his...

Private universities to remain open

2007-08-26 00:00:00

Private Universities and most other educational institutions in the country will remain open, a government announcement said Saturday. Besides, the authorities of graduate (Hons) and postgraduate colleges outsider the divisional cities can keep their institutions "open or closed considering their...

developments in the region and abroad

2007-08-26 00:00:00

Death toll from Greek fires reaches 44ZAHARO, Aug 25(Agencies): Forest fires sweeping uncontrolled across southern Greece have killed 44 people, some found Saturday in the charred homes of mountain villages reached too late by rescue crews hampered by powerful winds....

Irregularities in Rajuk

2007-08-26 00:00:00

The Rajdhani Unnyan Kartipakha (Rajuk), the agency that approves architectural and structural designs of commercial and residential buildings and monitors the compliance of the building code, has been a hotbead of irregularities. Whoever had the opportunity of visiting the Rajuk...

Giving a boost to pharmaceutical exports

2007-08-26 00:00:00

Shahiduzzaman KhanTHE idea of establishing an Active Pharmaceutical Ingredients (API) park was conceived several years ago when the leaders of the pharmaceutical association felt its importance seeing its immense potentialities. Such potentials emerged from the waiver of certain provisions of...

Mass media’s important role in US elections

2007-08-26 00:00:00

IT would be hard to overestimate the importance of mass media in the US electoral process. National television networks reach 99 per cent of all American homes, making contact across the entire socio-economic spectrum. Cable news stations, radio and television...

Sometimes the market is best viewed from afar

2007-08-26 00:00:00

John KayIn an August financial crisis, Masters of the Universe must use their BlackBerries from the beach. They are constantly in touch with the data, but out of physical contact with their colleagues. The contrast with 1929 is complete. Then,...

Anti-dumping law

2007-08-26 00:00:00

Bangladesh has been at the forefront in the last decade in embracing prescriptions for trade liberalisation. However, Bangladesh's experience after such liberalisation has not been a happy one. It suffers a huge trade imbalance with its biggest neighbour, India. But...

Investment climate and cost of funds

2007-08-26 00:00:00

BUSINESSES face great difficulty in borrowing funds at relatively high rates of interest from the banks and, thus, in sustaining successfully in business. Honest and spirited sections of the private sector are burdened by such high interest charges on their...

Outsourcing?

2007-08-26 00:00:00

Newspapers at times create unnecessary issues in this country. A recent report about some government-appointed regular teachers of the government-run Kainter Mukhpara Primary School in Borangchari upazila of our Banderban district having privately engaged 'teachers-on-hire' for doing their duties is...

HIV rates falling in Burma as funds dry up: experts

2007-08-26 00:00:00

Johanna Son from ColomboBurma is seen as a reclusive country whose real HIV and AIDS situation is a deep, dark secret. But top Burmese officials, independent experts and AIDS researchers here painted a picture of a country that is making...

US law firms send work to India to cut costs

2007-08-26 00:00:00

Cynthia Cotts and Liane KufchockBruce Masterson, chief operating officer of Socrates Media LLC, asked his outside counsel to customize a residential lease for all 50 U.S. states in 2003. The firm's estimate: about $400,000. He rejected that price tag and...

New Malaysian laws threaten workers' rights

2007-08-26 00:00:00

Baradan Kuppusamy from Kuala LumpurAs Malaysia celebrates 50 years as an independent nation, this month, there is little to cheer for some 12 million workers who have been dealt a body blow by a government enchanted with neo-liberal policies that...

Beijing moves to open up markets

2007-08-26 00:00:00

Jamil Anderlini from BeijingCHINA'S capital markets on Monday took a significant step towards integration with the rest of the world when Beijing announced it would allow individuals directly to buy securities offshore for the first time.Investors will be able to...

Work begins in Khulna city today

2007-08-26 00:00:00

KHULNA, Aug 25 (UNB): Voter registration with photographs in Khulna City Corporation, stalled Thursday following the imposition of curfew, will begin tomorrow (Sunday) as part of a nationwide task in preparation for holding the stalled elections."It was halted due to...

Teachers' arrest unfortunate: Zillur

2007-08-26 00:00:00

Awami League (AL) acting president Zillur Rahman Saturday criticised the arrest of five university teachers and asked the government to free them immediately, reports bdnews24.com. "I don't think it was necessary to arrest them. If the government fails to show...

NGOs accused of plundering millions of taka

2007-08-26 00:00:00

SAVAR, Aug 25 (UNB): Election Commissioner (EC) M Sakhawat Hussain Saturday accused NGOs involved with the election working group (EWG) of plundering millions of taka in the name of mobilising voters and monitoring elections."They (NGOs) enter polling centres in groups...

Acting DU VC calls for caution in legal proceedings against arrested colleagues

2007-08-26 00:00:00

Dhaka University (DU) acting Vice-chancellor AFM Yusuf Haider Saturday urged the authorities to take utmost caution in legal proceedings against colleagues Anwar Hossain and Harun-or-Rashid, two teachers of the university, reports bdnews24.com. "As the guardian of the university, I expect...

Govt urged to respect human rights during curfew

2007-08-26 00:00:00

US-based Human Rights Watch (HRW) has urged the Bangladesh government to respect international human rights standards as it enforces curfew, reports UNB.In a press release issued from New York Friday, the HRW reiterated that anyone detained under the emergency regulations...

Cooperation of media personnel sought

2007-08-26 00:00:00

RANGPUR, Aug 25 (BSS): Officials of the armed forces and administration Saturday sought cooperation of media personnel to make the project for preparation of voter list with photographs and national identity cards in Rangpur pourasabha area a success.Technical team leader...

Much enthusiasm created among people

2007-08-26 00:00:00

FARIDPUR, Aug 25 (BSS): Much enthusiasm has been created among the people of the district for preparation of the voter list with photographs after the visit of Chief Election Commissioner (CEC) ATM Shamsul Huda here Thursday.During the view-exchange meeting with...

Verdict in Mayor Minu's extortion case today

2007-08-26 00:00:00

RAJSHAHI, Aug 25 (UNB): The verdict in an extortion case filed against Rajshahi City Corporation (RCC) Mayor Mizanur Rahman Minu and his 10 associates will be delivered Sunday.After hearing both the sides Tuesday, Additional District and Sessions Judge (3rd) Zahirul...

Over 500 sued for demonstration in Khulna BL College

2007-08-26 00:00:00

KHULNA, Aug 25 (UNB): More than 500 people have been sued on charge of demonstration in BL University College and its adjacent areas following student unrest of Dhaka University.Daulatpur thana Sub-Inspector (SI) Alimul Huq filed the case Friday night.

Sundarbans mangrove should be taken care of for its treasures

2007-08-26 00:00:00

The speakers recommended that the Sundarbans mangrove forest should be taken care of for its treasures.The recommendation was given at the second national workshop on "Conservation, Sustainable Use and Benefit Sharing: Ecosystem Approach and Threat Mitigation" jointly organised by Wildlife...