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RRC's tenure extended for two years more

2008-10-25 00:00:00

Naim-Ul-KarimThe government has extended the tenure of the Regulatory Reforms Commission (RRC) for a further period of two years and asked the body to ensure implementation of its recommendations by the ministries concerned, officials said.The one-year tenure of the commission...

OPEC cut fails to halt oil slide, prices come to 17 months low

2008-10-25 00:00:00

LONDON, Oct 24 (Agencies): Oil slid nearly $5 a barrel Friday as gloom about a global economic downturn that is sapping fuel demand took the steam out of an OPEC agreement to cut output.Ministers of the Organisation of the Petroleum...

East Asian leaders agree on $80b war chest for financial crisis

2008-10-25 00:00:00

BEIJING, Oct 24 (AFP): East Asian leaders agreed today to create an 80-billion-dollar fund to fight the global economic crisis, as they met in Beijing ahead of a two-day summit with their European colleagues. The agreement, between South Korea, China,...

Bangladesh seizes software opportunity Industry size stands at $200m: BASIS

2008-10-25 00:00:00

Mahmuda Shaolin Bangladesh's software market is estimated at US$ 200 million with the information technology sector experiencing a steady growth, propelled by growing trends in outsourcing and domestic demands, according to an industry analysis. Textiles and pharmaceuticals, two dominant sectors...

Surging demand causes liquid milk prices to go up

2008-10-25 00:00:00

Jasim Uddin HaroonSurging demand has unleashed a crisis for liquid milk in the local market as consumers are increasingly turning off melamine-tainted powdered milk, thus allowing retailers to push up the prices. At retail level, prices of packed liquid milk...

DSE downward trend continues for second straight week

2008-10-25 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) witnessed a downward trend last week for the second consecutive week, with the turnover registering a 30 per cent fall.During the week ended Thursday, all the market barometers - the benchmark DSE General Index...

Quality improvement of politics for change in society stressed

2008-10-25 00:00:00

Commerce and Education Adviser Hossain Zillur Rahman said Friday that quality improvement of politics in the country is now a major challenge, but it is the only way to bring about overall qualitative change in the society, reports UNB.The Adviser...

AL ready to take part in JS polls, says Razzak

2008-10-25 00:00:00

Awami League (AL) is all set to take part in the forthcoming Jatiya Sangsad (JS) polls scheduled for December 18, presidium member Abdur Razzak said Friday, reports bdnews24.com. Razzak also said that everyone should be alert against any shifting of...

Unconditional release of Hasina demanded

2008-10-25 00:00:00

NETRAKONA, Oct 24 (BSS): Acting general secretary of Bangladesh Awami League (AL) Syed Ashraful Islam said that the present caretaker government (CG) made a series of commitments to the nation for holding a free, fair and credible national elections with...

Plea to involve UN in trial of war criminals

2008-10-25 00:00:00

CHAPAINAWABGANJ, Oct 24 (BSS): Chairman of the Sector Commanders' Forum Air-Vice Marshal (retd) AK Khondoker, Bir Uttam, Friday called for involving the United Nations (UN) in the process of trying the War Criminals in Bangladesh. Describing the upcoming elections as...

Reestablishment of baul sculptures demanded

2008-10-25 00:00:00

RU CorrespondentRAJSHAHI, Oct 24: About 110 teachers of Rajshahi University (RU) demanded reestablishment of the sculptures of the Baul singers at the Zia International Airport intersection.They said the attack on the sculptures is an attack on Bangalee culture and Liberation...

Oli skeptical about polls

2008-10-25 00:00:00

Liberal Democratic Party (LDP) president Oli Ahmed Friday doubted the general elections on schedule a day after the commerce adviser said the country was getting on the 'electoral highway', reports bdnews24.com. "Well, Bangladesh has hit the highway, but it is...

JP asks nomination seekers to collect forms Oct 26, 30

2008-10-25 00:00:00

Jatiyo Party (Ershad) candidates, who are interested to contest in the upcoming general polls, have been asked to collect their nomination forms between October 26 and 30, reports BSS.

Radicals declare Jamil unwanted over sculpture row

2008-10-25 00:00:00

Radical Islamic activists Friday tried to stage demonstrations outside Zia International Airport defying a police ban and later declared the chief adviser's special assistant in charge of civil aviation and tourism ministry Mahbub Jamil unwanted in the airport area, reports...

Bangladesh remains committed to UN goals, says Iftekhar

2008-10-25 00:00:00

Foreign Adviser Iftekhar Ahmed Chowdhury said Friday Bangladesh remained unswervingly committed to the goals of the United Nations (UN) and expressed the hope that the UN would stand by the country's efforts to realise its dream, reports UNB.He made the...

Crushing at state-run sugar mills begins

2008-10-25 00:00:00

Natore, Oct 24 (UNB): Sugarcane crushing at the 15 state-owned sugar mills began Friday. They have a target to produce over 1.73 lakh tonnes of sugar by crushing 22.72 lakh tonnes of sugarcane during the current fiscal year.The Chief Adviser's...

Education fair at Notre Dame College

2008-10-25 00:00:00

A two-day education fair with participation of educational institutes both from home and abroad began at Notre Dame College (NDC) in the city Friday, reports BSS. International Understanding and Relations Club of Notre Dame College organised the fair on 'Enlightened...

Poverty pushes mother to sell her baby

2008-10-25 00:00:00

Our CorrespondentRAJSHAHI, Oct 24: A poverty-stricken, helpless mother of Bajubagha village under Bagha Upazila sold her eight-month old daughter to a couple from a neighboring village as she had no other way to get money for the treatment of her...

JAFRU get-together held

2008-10-25 00:00:00

FE ReportA "get-together" of the Journalism Alumni Forum of Rajshahi University (JAFRU) was held in the city today (Friday). Former students of Mass Communication and Journalism Department of the Rajshahi University along with their family members took part at the...

Silver Jubilee of Ctg Eye Infirmary today

2008-10-25 00:00:00

Our CorrespondentCHITTAGONG, Oct 24: A two-day Silver Jubilee and Reunion function of Chittagong Eye Infirmary and Training Centre begins today (Saturday) at Pahartali in the city.

CCCI founder president's death anniversary

2008-10-25 00:00:00

FE ReportThe 15th death anniversary of the Chittagong Chamber of Commerce and Industry (CCCI) founder president Gias Uddin Chowdhury will be observed today (Sunday). His family members have organised Khatme Quaran and feeding the destitute at noon and Milad Mahfil...

Joyardhan bridge opens today

2008-10-25 00:00:00

Our CorrespondentBHOLA, Oct 24: The long desired bridge over the Joyardhan Canal of Bhola-Lalmohon alternative road at Borhanuddin opens today (Saturday)The Chief Engineer of LGED Md Nurul Islam is expected to inaugurate the bridge while a lot of officials will...

Prices of most of essential items unchanged

2008-10-25 00:00:00

FE ReportPrices of most of the essential commodities including rice and edible oil remained unchanged but price of salt increased by Tk1-Tk 2 per kg in the city's retail market over the past one week. Besides, prices of poultry bird...

Pubali Bank shifts Jakigonj branch to new premises

2008-10-25 00:00:00

Pubali Bank Limited's Jakigonj branch has been shifted to its new premises recently with a view to providing the best and modern banking services, said a press release. Pubali Bank Chairman Hafiz Ahmed Majumder inaugurated the office as the chief...

Interbank call rate stays steady

2008-10-25 00:00:00

Sarwar ZahanThe interbank call money rate maintained a stable level despite withdrawal of cash from the market. It happened due to the comfortable level of cash flow, fund managers said.The central bank constantly withdrew cash from the market using its...

Krishi Bank reviews Ctg branches' performance

2008-10-25 00:00:00

Bangladesh Krishi Bank's (BKB) Chittagong Division held a performance review meeting at Chittagong Club recently. BKB Managing Director Mukter Hussain was present as the chief guest of the programme, said a press release.The bank's General Manager (Chittagong Division) Md Nurul...

weekly currency roundup

2008-10-25 00:00:00

October 19 - October 23, 2008Commercial Bank of CeylonThe US Dollar was maintaining its bullish tone last week against Bangladesh Taka, which is expected to sustain till the beginning part of the next month. Most of the banks were unwilling...

Sonali Bank to start Islamic banking soon

2008-10-25 00:00:00

Sonali Bank Limited will start Islamic banking activities in addition to its traditional banking likely from January 2009, said a press release. In this connection, the staff college of the bank arranged a 15-day training course on Islamic banking for...

Food security for Bangladesh

2008-10-25 00:00:00

Abul Quasem HaiderFOOD, clothes, shelter, education and treatment are fundamental rights of the people. The state is bound to provide these to its citizens. Now "security" is added and the state is bound to provide food security to its citizens.In...

Hard economic facts are too bitter for the common people

2008-10-25 00:00:00

Ayan Gupta"AMRA ato kichu bujhi tujhi na! Amago dorkar kom damer mota chal ar dal." (We do not understand much. What we need are cheap coarse rice and pulse). This is not a demand. It is an urgent appeal to...