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Muslima Allahma's death anniversary today

2008-09-05 00:00:00

The 12th death anniversary of ex-chairman of Mustafa Allahma Goldcup Foundation late Chowdhury Muslima Allahma will be held today (Friday).brThe milad mahfil of Muslima Allahma will be held at her son's office in Dhaka and home district in Sylhet, said...

Higher import payments put pressure on forex reserve

2008-09-05 00:00:00

FE Report brThe pressure on the country's foreign exchange reserve is mounting gradually due mainly to higher import payments for petroleum products, fertiliser and food grains. brThe foreign exchange reserve faces pressure as import payments for fuel oils, fertiliser and...

Swift prosecution of pending cases to help NBR earn Tk 150b in revenue

2008-09-05 00:00:00

Naim-Ul-KarimbrNumber of pending cases related to revenue collection has accumulated to 13,364 mainly due to failure of the state to take steps in moving for prosecution, officials said Thursday.brThey said decade-old cases filed particularly by corporate and business entities against...

Tarique gets new passport, may fly abroad for treatment next week

2008-09-05 00:00:00

Tarique Rahman, released on bail Wednesday following latest developments in the country's political arena, may go either to the UK or Germany next week for his treatment, his lawyer said, reports UNB.brBarrister Nasiruddin Ashim told the news agency that Tarique...

Fed terms US economy as 'weak, soft and subdued'

2008-09-05 00:00:00

From Fazle RashidbrNEW YORK, Sept 04 The US Federal Reserve Bank's beige book that provides a picture of the national economy painted a gloomy picture describing the state of health of the American economy as ' weak, soft and subdued'....

HC stays BB order to wrap up AB Bank Foundation activities

2008-09-05 00:00:00

FE Report brThe High Court (HC) Division of the Supreme Court has ordered a three-month stay of the operation of a Bangladesh Bank (BB) order that had asked AB Bank to wrap up all the activities of its subsidiary AB...

ACC to probe 1,766 complaints out of a total of 80,000

2008-09-05 00:00:00

Only 1,766 out of 80,000 complaints received so far from the public by the Anti-corruption Commission (ACC) since its inception have been considered for making enquiries under the ongoing anti-graft drive, reports UNB.brSince December 12, 2007, the ACC had scrutinised...

Kamran freed on bail

2008-09-05 00:00:00

SYLHET, Aug 4, (bdnews24.com) Sylhet mayor-elect Badaruddin Ahmed Kamran has been released on bail in corruption cases from Sylhet jail, the jailer said Thursday.brKamran, who already held the office once before, was released at 2.00 pm, jailer Monir Ahmed said.brSpeaking...

Hasina's parole extended by a month

2008-09-05 00:00:00

The caretaker government extended ex-Prime Minister and Awami League president Sheikh Hasina's parole by a month to October 6 to facilitate her better treatment in the United States (US), reports UNB.brA Home Ministry notification said the extension would be effective...

Dhaka stocks close mixed

2008-09-05 00:00:00

FE ReportbrTrading in Dhaka stocks closed mixed Thursday after a day of fall amid the continued decline in turnover.brThe market barometers -- the benchmark DSE General Index (DGEN) and the All Shares Price Index (DSI) -- slightly gained 5.65 points...

Mubin, Hasan appointed deputy attorney generals

2008-09-05 00:00:00

ASM Abdul Mubin and JBM Hasan have been appointed deputy attorney generals. An official announcement Thursday said President Professor Dr Iajuddin Ahmed gave the appointment Wednesday. — UNB

20-ft high poles to replace damaged pillars in border

2008-09-05 00:00:00

With rains damaging the boundary pillars, India and Bangladesh have agreed to set up 20-ft high 'special poles' on the international boundary, as part of a unanimous decision to demarcate the 443-km border. — FE Report

VCs appointed to two universities

2008-09-05 00:00:00

The government has appointed vice-chancellors (VCs) to Haji Mohammad Danesh Science and Technology University and Jessore Science and Technology University for a four-year term. Prof M Afzal Hossain of Biochemistry Department of Agricultural University has been made VC of Danesh...

Nat'l human resources dev fund will be created

2008-09-05 00:00:00

Shakahwat Hossain brThe finance ministry will create a 'National Human Resource Development Fund' to facilitate skill development of the private sector workforce to bolster the country's overseas job market, officials said Thursday.brThe amount of the fund will be equivalent to...

Solving fuel problem not possible without adjusting gas price CA

2008-09-05 00:00:00

Chief Adviser Dr Fakhruddin Ahmed Thursday suggested regular monitoring to see the outcome of the already-implemented and under-implementation recommendations of brBangladesh Better Business Forum (BBBF), formed to help enhance economic growth through maintaining congenial business environment through public-private partnership, reports...

Some amendments to tourism policy on the cards

2008-09-05 00:00:00

Syed Ishtiaque RezabrThe government's plan to form two separate bodies related to travel and tourism aimed at revamping the sector is going on in full swing. According to the plan, one entity will deal with granting of licences to intending...

Floods displace over 2.0m people

2008-09-05 00:00:00

FE Report brFloods displaced more than two million people until Thursday in 15 districts particularly in northern and central regions of the country, the government officials in the capital said Thursday.brThey said flood situation of low-laying areas in the eastern...

McCain nominated, Palin steals the show

2008-09-05 00:00:00

ST PAUL (USA), Sept 04 (AP) John McCain accepted the Republican nomination for President Thursday, riding the crest of a political wave unleashed by Alaska Governor Sarah Palin, his running mate who whipped convention delegates into a frenzy of support...

Taskforce starts operation in PDB to dig up corruption

2008-09-05 00:00:00

An army taskforce led by Col Zahid Siddiqui started operation in the Power Development Board (PDB) domain Thursday to unearth corruption and other irregularities, reports UNB.brOfficial sources said the taskforce team held a meeting with senior PDB officials in its...

SEC move to realise fines from One Bank directors stayed

2008-09-05 00:00:00

FE ReportbrThe High Court Division has stayed the move of the Securities and Exchange Commission (SEC) to realise Tk 1.2 million in fines from all the directors of One Bank Limited.brThe court also issued a show cause notice against the...

Draft of abandoned property ordinance approved

2008-09-05 00:00:00

The Council of Advisers has in principle approved draft of the Bangladesh Abandoned Property (Control, Management and Disposal) (Amendment) Ordinance-2008, reports UNB.brThe proposed amendment to the existing law is aimed at better management and control of moveable property in case...

Gas supply shortage hits city’s north-western part

2008-09-05 00:00:00

FE ReportbrFactories, gas filling stations and households in the north-western part of the capital have been facing acute gas supply shortfall from afternoon to evening over the last few days causing misery to the people during the holy Ramadan.brResidents in...

Kuwaiti aid for Padma Bridge, SEZ sought

2008-09-05 00:00:00

Foreign Adviser Dr Iftekhar Ahmed Chowdhury sought Kuwaiti assistance for the Padma Bridge and the special economic zone (SEZ) to be set up in Sylhet for expatriates' investment, when he had a meeting with Kuwaiti Prime Minister Sheikh Nasser Al-Mohammad...

30 injured, 11 detained

2008-09-05 00:00:00

Students clashed with employees in the capital's National Institute of Traumatology and Orthopedic Rehabilitation (popularly known as Pongu hospital) Thursday, leaving some 30 people from both sides injured, police and witnesses said, reports UNB. brPolice detained 10 students and one...

Trend of overseas job market

2008-09-05 00:00:00

IN any trade there are always ups and downs. So, it is important to study these trends over time to have a correct idea of the behaviour of the market of the particular article of trade concerned. A correct understanding...

Taming irrational market operators of essentials

2008-09-05 00:00:00

Syed Fattahul AlimbrThe Ramadan prices of essential commodities have marked a sharp rise compared to their pre-Ramadan level despite all kinds of exhortations from the authorities and promises from the trading community. The sudden upward spiral of prices, however, is...

All about Bata and Birla

2008-09-05 00:00:00

Fazle RashidbrTwo business icons who revolutionised industrialisation in Indo-Pak-Bangladesh Sub-continent during the British Raj expired within the span of 48 hours. Thomas Bata (93), known worldwide as the 'shoemaker of the world' died in Toronto, Canada on Monday and KK...

New bus routes and traffic jam

2008-09-05 00:00:00

As traffic jams in the city has been taking a serious turn, the traffic authorities have gone for rearrangement of a number of bus routes. It is, indeed, a good move. But the commitment of the traffic personnel toward implementing...

Preserving heritage

2008-09-05 00:00:00

The Mahastangarh archaeological site at Bogra which bears the signs of ancient civilisation in Bangladesh was reported to be under a threat from encroachers and grabbers. Recently, according to reports, the relics of the capital of Issa Khan, the independent...

Reforming BPTAC

2008-09-05 00:00:00

THE standard of the Bangladesh Public Administration Training Centre (BPTAC), which trains new members of the civil services, has deteriorated over the years. The quality of the trainers is the problem. brThe BPTAC needs to undergo a thorough restructuring by...