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Land grabbers involved in exploiting Karnaphuli river

2008-09-16 00:00:00

Our CorrespondentCHITTAGONG, Sept 15: A section of land grabbers are currently involved in exploiting the river Karnaphuli. As a result, a vast area of the river is now under unauthorised occupation. These criminals are not just satisfied with grabbing the...

CAARP rehabilitates 37,500 Sidr-affected fish cultivators

2008-09-16 00:00:00

‘BARISAL, Sept 15 (UNB): Cyclone Affected Aquaculture Rehabilitation Project (CAARP) taken by the World Fish Centre-Bangladesh (WFC-BD) with the financial assistance from USAID is rehabilitating around 37,500 small and marginal fish cultivators of five Sidr-affected districts, including Barisal.The project assistances...

Phensidyl, three-piece garments recovered

2008-09-16 00:00:00

Our CorrespondentJESSORE, Sep 15: Jessore Kotwali police Monday recovered illegal materials from two trucks. Acting on a tip-off, the police stopped two trucks at Malanchi on the Jessore-Benapole Highway Monday. The driver and helpers of the first truck fled abandoning...

One gets life term for killing wife, daughter

2008-09-16 00:00:00

HABIGANJ, Sept 15 (UNB): The court of District and Sessions Judge here Sunday convicted a man and sentenced him to life term imprisonment on charge of burning his wife and daughter to death.The convict, Moazzin Hossain Chomok, employee of Shayestaganj...

Int'l Ozone Day today

2008-09-16 00:00:00

The International Ozone Day will be observed in the country as elsewhere across the world today (Tuesday) with an emphasis on global efforts to protect the ozone layer of the earth, reports UNB.Bangladesh has been observing the day since 1995...

EXIM Bank DMD obtains PhD

2008-09-16 00:00:00

Deputy Managing Director (DMD) of Export-Import (EXIM) Bank of Bangladesh Limited Mohammad Haider Ali Miah has obtained a PhD degree, said a press release.His research was on "The Role of Marketing on Financial Performance in showing differences between the Traditional...

Hasina demands JS polls before upazila election

2008-09-16 00:00:00

NEW YORK, Sept 15 (UNB): Awami League president Sheikh Hasina has demanded immediate declaration of parliamentary polls date to resolve the existing crises of Bangladesh. "There is no alternative but to hold the national election to resolve the existing crises...

Govt hopes to bring 2 top leaders across the table

2008-09-16 00:00:00

CHITTAGONG, Sept 15 (UNB): Commerce and Education Adviser Dr Hossain Zillur Rahman Monday expressed the hope that the government initiative to bring Awami League president Sheikh Hasina and BNP chairperson Khaleda Zia to the discussion table together would be successful.He...

Specific poll dates will be announced after dialogue with BNP, says CEC

2008-09-16 00:00:00

Chief Election Commissioner (CEC) ATM Shamsul Huda Monday said the Commission would announce the specific dates for all elections at the same time on completion of dialogue with BNP, reports UNB.The CEC expressed the hope that the dialogue with the...

HC grants bail to Sheikh Selim in graft case

2008-09-16 00:00:00

The High Court (HC) Monday granted bail for three months to detained ex-Health Minister Sheikh Fazlul Karim Selim in an ill-gotten wealth case, reports UNB.Granting the ad interim bail, a vacation bench, comprising Justice Mirza Hussain Haider and Justice Mamnoon...

Outlaw to die for killing BNP leader

2008-09-16 00:00:00

CHUADANGA, Sept 15 (UNB): A court here Monday convicted a regional leader of an outlawed party and sentenced him to death for killing BNP leader Nur Ali in 2005.The convict is Yusuful Goni alias Khairul, of Sonadanga village of Khulna....

GPH becomes first local steel mill to export billet

2008-09-16 00:00:00

Jasim Uddin Haroon The country's youngest steel manufacturer said it has become the country's first company to export billet worth US$2.5 million amid high demand for its products in the Gulf nations and South East Asia.GPH Ispat Limited, a Chittagong-based...

Global markets in turmoil by Lehman failure, Merrill sale

2008-09-16 00:00:00

NEW YORK (Reuters): Global markets plummeted on Monday after investment bank Lehman Brothers filed for bankruptcy protection, rival Merrill Lynch agreed to be taken over and the Federal Reserve threw a life line to the battered financial industry.As a deepening...

Anti-graft drive falling apart?

2008-09-16 00:00:00

The anti-corruption drive launched in early 2007 by the army-backed government in Bangladesh is falling apart due to sloppy legal work and lack of expertise, observers say, reports AFP.The government arrested scores of top politicians, including two former premiers and...

Indo-Bangla sea border talks begin after 28 years

2008-09-16 00:00:00

Bangladesh and India discussed the possible starting point of demarcation of their maritime boundaries, as the two next-door neighbours began three-day talks in the city Monday, after a lapse of 28 years, reports UNB."The day's focus was on setting the...

Businessman among 3 killed in city

2008-09-16 00:00:00

Three people, including the director of a garment factory, were killed in separate incidents in the city's Mirpur, Purana Paltan and Agargaon areas late Sunday and Monday, reports UNB.Of the victims, Abdus Salam alias Babu (45), director of Yolk Group,...

BNP for immediate dialogue with EC

2008-09-16 00:00:00

Bangladesh Nationalist Party (BNP) submitted Monday a letter to the Election Commission (EC) calling for arranging their overdue dialogue forthwith for a meaningful pre-election discussion, reports UNB."We hope that you will soon arrange a dialogue for taking a meaningful and...

Tough movement after Eid if Hasina not freed: Zillur

2008-09-16 00:00:00

Awami League (AL) Acting President Zillur Rahman Monday threatened to wage a tough movement, if AL President Sheikh Hasina, now in the US for treatment, was not released permanently before Eid-ul-Fitr, reports UNB.Zillur Rahman also accused the government of indulging...

WB for ensuring access of 'missing middle' to finance

2008-09-16 00:00:00

Syed Ishtiaque RezaA World Bank study has suggested increased access to finance, of what it called, the "missing middle" to ensure the growth in rural Bangladesh.It referred micro, small, and medium-size enterprises (MSMEs) and marginal, small, and medium-size farmers (MSMFs)...

Dhaka stocks end mixed

2008-09-16 00:00:00

The Dhaka Stock Exchange (DSE) started with a flat mood from the very outset of the trade and finished with the same as the main index curve remained almost parallel compared to the previous day's curve. The market barometers -...

TAC hears 64 clemency pleas so far

2008-09-16 00:00:00

The Truth and Accountability Commission (TAC) has so far heard the pleas of 64 corrupt individuals who have agreed to pay more than Tk 150 million to the national exchequer in return of clemency. TAC sources said the Commission Monday...

Seven Bangladeshi call centres join UK expo

2008-09-16 00:00:00

Seven Bangladeshi firms will take part in the two-day Call Centre Expo 2008 that begins today (Tuesday) in the UK's Birmingham. The firms are Aamra Outsourcing Ltd, HMC Technology Ltd, InGen Technology, Iqra Media Centre, Legato Services Ltd, Orbit Communications...

Two IOCs may be given go-ahead for offshore exploration in Bay today

2008-09-16 00:00:00

FHM Humayan KabirThe highest public procurement body -- government purchase committee -- is likely to allow two international oil companies (IOCs) today (Tuesday) to explore prospective huge untapped oil and gas in the Bay, an official said Monday.Under the Offshore...

Govt at its goal of holding election by Dec, says CA

2008-09-16 00:00:00

BEIJING, Sept 15: Chief Adviser (CA) Fakhruddin Ahmed today said his caretaker government is almost at the end of achieving its goal of holding a free, fair and credible general election within December this year, reports UNB. "We hope and...

Scrap-collectors go magnetic in Dhaka sewers

2008-09-16 00:00:00

Shakhawat Hossain Sagar was breathing heavy and sweating hard while carrying a bag full of junk iron he collected from sewers under melting sun. He gave a broad smile after putting his bounty at a Swamibagh scrap iron shop in...

NBFIs' default loans climb to 8pc in June

2008-09-16 00:00:00

Siddique Islam The rate of overall default loans in the non-banking financial sector climbed to 8.0 per cent in June this year from 6.0 per cent registered three months earlier, officials said. The non-performing loans (NPLs) have increased by 2.0...

BB provides $23m OD facilities to SCB

2008-09-16 00:00:00

FE Report The central bank provided overdraft (OD) facilities for US$23 million to a state-owned commercial bank (SCB) Monday for settlement of its oil import bills. "We've provided the OD facilities to the SCB against the government approved securities to...

100-day job-creating programme launched

2008-09-16 00:00:00

FE ReportThe government Monday launched the '100-day Employment Generation Programme' by providing temporary jobs to the unemployed poor people in rural areas across the country for at least 100 days in a year. The programme is aimed at bringing some...

Obama blasts GOP on economy

2008-09-16 00:00:00

WASHINGTON (AP): Democrat Barack Obama laid into the Republican or Grand Old Party (GOP) opposition Monday as Americans awoke to fearsome news from Wall Street - the disappearance of two investment banking stalwarts - as the US economy faced what...

Oil prices tumble under $93

2008-09-16 00:00:00

LONDON, Sept 15 (AFP): Oil prices plunged Monday to seven-month lows below 93 dollars on prospects of weaker energy demand amid a worsening global financial crisis after Lehman Brothers' bankruptcy, analysts said. In London, Brent North Sea crude for delivery...