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Umar Faruq conferred PhD

2008-10-06 00:00:00

Abu Umar Faruq Ahmad, an internationally recognised researcher and Shari'ah scholar in Islamic banking and finance and currently a senior lecturer at Sule College at Sydney in Australia, has been awarded Doctor of Philosophy (PhD) with 'A' (High Distinction) by...

Youth beaten to death in Jessore

2008-10-06 00:00:00

Our Correspondent JESSORE, Oct 05: A youth was beaten to death by another youth in a passenger bus at Salua Bazar under Chaugachha Upazila on the Jessore-Chaugachha Road in the district Sunday.The deceased was identified as Ishaq Ali (38) of...

Study finds proposed Sylhet SEZ site not suitable

2008-10-06 00:00:00

Naim-Ul-KarimThe site selected for the country's first ever Special Economic Zone (SEZ) was found to be not viable due to potential delay in land acquisition and higher capital costs, the World Bank's private sector arm said. The International Finance Corporation...

Benchmark DGEN crosses 3000-mark after 3 months

2008-10-06 00:00:00

FE ReportThe benchmark DGEN crossed 3000-mark Sunday after more than three months with stocks rallying on the DSE, sparred by the strong buying support from the individual investors.After a long nine-day break on account of Sheb-e-Qadr and Eid-ul-Fitr vacation, the...

Further scrutiny to delay major tax reform project

2008-10-06 00:00:00

S M JahangirLaunching of the proposed Tk 3.0-billion project for upgrading the country's revenue administration will be delayed further as the authorities concerned want to scrutinise its viability, official sources said.The government had planned to take up a mega reforms...

ACC presses charges against Khaleda in Barapukuria case

2008-10-06 00:00:00

The Anticorruption Commission has pressed charges against former prime minister Khaleda Zia and 15 others in the Barapukuria case, alleging irregularities and corruption in handing over operations of the coalmine to a Chinese company, reports bdnews24.com. BNP leaders say the...

Launching of CCH automation today

2008-10-06 00:00:00

FE Report The automated service of the Chittagong Customs House (CCH) starts today (Monday) by which the processing of export and import documents will require less time, money and provide hassle-free services to the port users. Chief Adviser Fakhruddin Ahmed...

Gun attack on city hotel injures 6

2008-10-06 00:00:00

Six people were critically injured in a gun attack on a hotel in the city's Karwan Bazar area on Sunday morning, reports UNB. Police said gunmen, numbering 8-10, stormed into the hotel, Western Garden, at about 11:25am and started spraying...

Outlawed party chief arrested in Naogaon

2008-10-06 00:00:00

Matiar Rahman alias Mantu Bhai, chief of outlawed Purbo Banglar Communist Party (Lal Potaka), condemned to death three years ago for murder, was arrested from a remote village of Manda Upazila under Naogaon early Sunday morning. Informing about the prized...

TAC resumes hearing clemency pleas today

2008-10-06 00:00:00

The Truth and Accountability Commission (TAC) will resume hearing clemency pleas of the corrupt individuals today (Monday) after the Eid holidays. Today the three-member Commission, headed by Justice Habibur Rahman Khan, is expected to hear seven individuals for considering clemency...

BGMEA, S Korean team sign deal today

2008-10-06 00:00:00

A memorandum of undersigning (MoU) will be signed between the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and South Korean investors at the BGMEA office in the city today (Monday). Prior to signing the deal, leaders of the BGMEA and...

Liquidity crisis hits frozen food sector

2008-10-06 00:00:00

Doulot Akter MalaThe troubled frozen food exporting sector has sought government support to face the challenges of enhanced cost of production, packing, transportation and freight coupled with substantial decline in the international prices of shrimps.The sector, as a result, now...

SEC resets Dec 31 as deadline for renewal of BO accounts

2008-10-06 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) has extended the deadline for renewing the existing beneficiary owners' (BO) account upto December 31 this year.The decision came at a 'commission meeting' held Sunday with SEC chairman Faruq Ahmad Siddiqi in the...

Banks urged to reduce fees on fertiliser import LCs

2008-10-06 00:00:00

Shakhawat Hossain The finance ministry Sunday suggested the state-owned commercial and specialised banks and private commercials banks to reduce fees they charge while opening letters of credit (LCs) by the private sector fertiliser importers.The suggestion was made at a meeting...

Law equally applies to all, EC says on candidacy of two ex-PMs if convicted

2008-10-06 00:00:00

If convicted under the emergency powers rules during the current purge, any aspirant will be ineligible to contest elections even if they file appeal with the higher court against the trial court verdict, said an Election Commissioner, reports UNB. "No...

BSTI to test Cadbury imports for melamine

2008-10-06 00:00:00

Bangladesh Standards and Testing Institution has collected samples of Cadbury's chocolate bars imported from five countries to test for the contaminant melamine, in the continued fallout from the Chinese milk-scare, reports bdnews24.comThe BSTI director general Md Ajmal Hossain said Sunday:...

Now Wall Street may shun $700b bail-out

2008-10-06 00:00:00

NEW YORK, Oct 5(Internet): Fears are mounting that many Wall Street banks and financial firms will refuse to participate in the US government's $700bn bail-out package, leaving global markets and world economies in a perilous state for months to come.'There...

Govt extends Hasina's parole by one month

2008-10-06 00:00:00

The government has extended the parole of ailing former prime minister Sheikh Hasina by another month, reports bdnews24.com. "In continuation of the earlier release on parole Sheikh Hasina's parole has been extended from October 6 to November 6," a home...

Govt to work with high spirits in next 3 months: Hossain Zillur

2008-10-06 00:00:00

Commerce Adviser Hossain Zillur Rahman Sunday said the government wanted to work with high spirits in the next three months and urged all to perform their respective duties sincerely to get better results, reports UNB."We have to work with high...

JP's stay in grand alliance will be decided on Hasina's return, says Ershad

2008-10-06 00:00:00

KURIGRAM, Oct 5 (UNB): Hinting at a tough bargaining for sharing seats to contest in the upcoming election, Jatiya Party chairman HM Ershad today said staying in Awami League (AL)- led grand alliance would be decided after Sheikh Hasina returns...

Dhaka must focus on dev: Foreign Adviser

2008-10-06 00:00:00

NEW YORK, Oct 05 (BSS): Foreign Adviser Iftekhar Ahmed Chowdhury, held a meeting with Asha-Rose Migiro, the Deputy Secretary General of the United Nations (UN) in her office Friday. The Foreign Adviser told her that Bangladesh expressed the hope that...

JS, UZ campaigning to coincide: Sakhawat

2008-10-06 00:00:00

Election Commissioner M Sakhawat Hossain has said the campaign schedules for upcoming parliamentary and upazila polls will be made to coincide, pointing out that it will be difficult therefore for the same candidate to contest both elections, reports bdnews24.com.The commissioner...

Righting wrongs in education sector

2008-10-05 00:00:00

The system of education in the country is a highly problem-ridden one. There are deficiencies in the quality of education imparted to students at all levels ---primary and secondary and tertiary. Changes have been made in the curricula of primary,...

State of public health and political culture

2008-10-05 00:00:00

Syed Fattahul AlimDeath of four babies and sickness of 54,000 children in China after taking melamine-contaminated milk have caused alarm on a global scale about the safety of milk and food products having milk as an ingredient. Bangladesh being a...

National education policy

2008-10-05 00:00:00

Dr. Jamir ChowdhuryEducation Adviser Hossain Zillur Rahman made a welcome proposal to have an education summit in November, 2008 to formulate a national education policy. It would be a positive initiative to develop a methodical approach to draw a strategic...

A separate ministry for RMG sector

2008-10-05 00:00:00

Amirul IslamThe problems of the RMG sector are now looked into by the ministry of industries. The RMG industries are only a part of the concern of this ministry, besides so many other industrial sectors. Understandably, the large RMG sector...

Utilisation of resources

2008-10-05 00:00:00

IT is important to ensure optimum utilisation of resources in each sector rather than increasing the allocations. It matters little if the allocations are not well utilised to create value or wealth. Government spending has increased much. The higher spending...

Sustainable tourism

2008-10-05 00:00:00

World Tourism Day was observed across the world on September 27. Tourism, which is an integral part of an economy, is also a major employment-generating sector in many countries. Bangladesh is nowhere near the most competing tourist destinations of the...

Education reforms

2008-10-05 00:00:00

EDUCATION reforms to improve the quality of education or quality of teaching, restructuring syllabi to meet modern-day needs, are long overdue. Education must help promote modern economy and develop human resources for economic growth. Generalists can do little to transform...

'Checkpoint friendly' laptop bags

2008-10-05 00:00:00

Dan FrakesBack in early August, the US Transportation Security Administration (TSA) announced new rules covering "checkpoint friendly" laptop bags. The goal of these regulations is to increase the speed and efficiency of airport security checkpoints by allowing passengers to keep...