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Student union polls 'pre-requisite for creating future leadership'

2008-09-24 00:00:00

DU CorrespondentSpeakers at a discussion said holding elections of the student unions at the country's educational institutions, the universities in particular, is a must to create efficient leadership for the country.Dhaka University Journalists' Association (DUJA) organised the discussion on 'democracy,...

Iftekhar meets top EU official over polls mission

2008-09-24 00:00:00

Foreign adviser Iftekhar Ahmed Chowdhury has met European commissioner for external relations Benita Ferrero-Waldner in New York Monday with a view to securing a European Union (EU) polls observation mission to Bangladesh, reports dnews24.com. The adviser told the news agency...

Bangladesh now ranked 10th in TI's global corruption index

2008-09-24 00:00:00

FE Report Bangladesh is ranked the world's 10th most corrupt nation as graft still endemic here and soaring in cases of 'petty ones' despite a nationwide crackdown by the caretaker government, the Transparency International said.The Berlin-based global graft watchdog said...

Commodity prices fall reduces import payment substantially

2008-09-24 00:00:00

Shakhawat Hossain The country's import payment has gone down substantially due to price fall of commodity items in the international market, which has eased pressure on the balance of payments (BoP), central bank officials said Tuesday.Experts, however, said general people...

Police reform: Needed something beyond laws

2008-09-24 00:00:00

Shamsul Huq ZahidThose who watched Inspector General of Police (IGP) Noor Mohammad speaking to newsmen on TV Monday evening or read his statement on police reforms in newspaper next day must have been greatly surprised. How can the top police...

USAID, EC to help frozen food exporters address food safety issues

2008-09-24 00:00:00

Doulot Akter MalaTwo leading international agencies---USAID and EC--- have initiated a move to support the frozen food industry to help them address labour rights and food safety issues raised by the international buyers, officials said.The move came in the backdrop...

BB eases forex transaction guidelines

2008-09-24 00:00:00

FE ReportThe central bank has eased its guidelines for foreign exchange transactions (GFET) allowing foreign investors to maintain temporary non-resident taka account aiming to boost foreign investment in the country. The commercial banks may open non-resident taka account (NRTA) in...

Dhaka stocks close higher

2008-09-24 00:00:00

FE ReportDhaka stocks closed broadly higher Tuesday with the benchmark DGEN crossing 2900 mark after more than three months, boosted by strong buying support mainly from retail investors.The Dhaka Stock Exchange (DSE) opened on a positive note and finished with...

Govt to seek easing of donors’ aid terms today

2008-09-24 00:00:00

FHM Humayan KabirThe government is likely to ask for easing of conditions during a meeting with the independent evaluation mission of the World Bank and three other major donors today (Wednesday) in Dhaka, officials said.An independent evaluation group (IEG) from...

BNP to register with EC, join national polls

2008-09-24 00:00:00

BNP said Tuesday it will register and join the national elections in compliance with the amended electoral laws and the registration rules, revising its previous demand for holding the parliamentary polls under unamended laws, reports bdnews24.com. BNP senior vice president...

AL alerts govt, EC about 'conspiracy' against polls

2008-09-24 00:00:00

Awami League's (AL) senior leaders alerted the caretaker government and the Election Commission Tuesday about "conspiracy" against the December 18 general polls, reports UNB. The leaders urged the authorities to remain watchful and take necessary steps against any conspiracy meant...

Police ready to help in money transfer

2008-09-24 00:00:00

Dhaka Metropolitan Police (DMP) has urged citizens, businesses and banks to take the police assistance to avert any unexpected incident during transfer of cash ahead of Eid-ul-Fitr. A DMP handout said the money escort team was readily available on demand....

Eid holidays in newspaper offices Sept 30 - Oct 2

2008-09-24 00:00:00

Newspaper offices will remain closed from September 30 to October 2, 2008 on the occasion of Eid-ul-Fitr. Therefore, no newspaper will be published from October 1, 2008 to October 3, 2008. If, however, the Eid would be celebrated on October...

GP targets rural areas for growth, signs deal with postal dept today

2008-09-24 00:00:00

Mahmuda ShaolinThe country's largest mobile phone company Grameenphone (GP) will sign a 'landmark' deal with the postal department today (Wednesday) to market its products through more than 8,200 rural post offices, officials said Tuesday. Under the agreement, the GP will...

Central bank relaxes int'l credit card payment rules

2008-09-24 00:00:00

FE Report The central bank has relaxed rules relating to payment through international credit cards to facilitate foreign exchange transactions, officials said. Under the new rules, government officials, private sector officials, private foreign currency accounts holders and pilgrims will be...

Annulment of Public Servants (Retirement) Act '74 in the offing

2008-09-24 00:00:00

Kayes M SohelThe Regulatory Reforms Commission (RRC) has drafted a proposal for annulment of Public Servants (Retirement) Act, 1974 in order to bring transparency in the government's actions.The Act in its section 9 (2) says the government may, if it...

Results of 27th BCS published

2008-09-24 00:00:00

A total of 3,239 successful candidates have been selected provisionally for appointment in government jobs, as Bangladesh Public Service Commission (PSC) Tuesday published the results of the trouble-ridden 27th BCS examination, reports UNB.Of the selected candidates, 2,417 are male, while...

BB gets tough on errant money changers

2008-09-24 00:00:00

FE Report The central bank may suspend the licence of a money changer any time without showing any reason in case of violation of any rules and regulations relating to foreign exchange transactions, a circular said Tuesday.'We've amended the order...

NBR signs accords with 4 PSI agencies

2008-09-24 00:00:00

FE ReportThe National Board Revenue (NBR) Monday signed separate agreements with four pre-shipment inspection (PSI) agencies for a new tenure up to December 2009. The PSI companies are---SGS (Bangladesh) Limited, Bureau Veritas BIVAC (Bangladesh) Limited, Intertek Testing (ITS) Limited and...

Public hearing on proposed hike in gas tariffs today

2008-09-24 00:00:00

FE ReportThe much-expected public hearing on the proposed natural gas tariff hike for all types of consumers will be held today (Wednesday) in the Bangladesh Energy Regulatory Commission (BERC) office.A good number of stakeholders including trade bodies, gas distribution companies,...

No improvement in gas, power supply situation

2008-09-24 00:00:00

Despite repeated assurances from the top policymakers in the government, there is virtually no improvement in the country's gas and power supply situation, reports UNB.In the last 18 months of the post-1/11 caretaker government, there was no significant breakthrough in...

RMG workers blockade road for arrears

2008-09-24 00:00:00

FE Report Several hundred workers of a closed apparel factory staged demonstration and temporarily blockaded the Dhaka-Mymansingh Road Tuesday demanding payment of their arrears salaries and bonus. The agitated workers of Roots Apparels in Uttar Khan gathered at Azampur and...

4-party calls for deferring upazila polls

2008-09-23 00:00:00

The BNP led 4-party alliance at meeting Monday called for deferring the upazila polls, relaxing party registration rules and amending the Representation of People Order to ensure equal opportunity for all the parties in contesting the ensuing election, reports UNB.The...

Defer upazila polls by one to two months: Zillur

2008-09-23 00:00:00

Awami League acting President Zillur Rahman Monday urged the Election Commission to defer the date of upazila elections by one to two months, reports UNB.He, however, personally thinks that his party would take part in the upazila elections on the...

BPDB to pay higher price for Barapukuria coal

2008-09-23 00:00:00

FE Report The government has enhanced the price of Barapukuria coal for Bangladesh Power Development Board (BPDB) by nearly 20 per cent at US$71.50 a tonne from the previous $60, official said.From now on the BPDB will have to purchase...

Japanese telecom giant remits $350m against AKTEL deal

2008-09-23 00:00:00

Siddique Islam Bangladesh taka (BDT) has appreciated marginally (0.017 per cent) against the US dollar following increased inflow of foreign currency in the market.The flow of foreign exchange recorded a sudden rise Monday a foreign commercial bank received a fund...

Two more police stations in city

2008-09-23 00:00:00

Two more police stations under Dhaka Metropolitan Police (DMP) start functioning from today (Tuesday). With the two, Darus Salam Police Station and Kadamtoli Police Station, the number of police stations under DMP will rise to 35. On the other hand,...

5 killed in Bogra mishap

2008-09-23 00:00:00

Five people were killed and 20 injured in a collision on the Dhaka-Bogra highway near Mirzapur Bazaar in Sherpur under Bogra Monday afternoon. Witnesses and police said one Bogra-bound bus from Dhaka hit another from behind at about 5pm. The...

BSC to turn into public ltd co

2008-09-23 00:00:00

Bangladesh Shipping Corporation (BSC) is turning into a public limited company (PLC) to start its journey through management restructuring under the ongoing reform move aimed at state-owned enterprises. The changed nomenclature of the corporation will be Bangladesh National Shipping Company...

Traditional private financial bodies 'hardly pro-poor'

2008-09-23 00:00:00

FE Report Renowned economist Wahiduddin Mahmud Monday said the traditional private financial institutions, which operate credits and deposits in free market economy, are hardly pro-poor.Professor Mahmud, a former adviser of caretaker government, said only social institutions like cooperatives could operate...