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10pc cut in fuel cost of ministries, divisions

2008-09-01 00:00:00

Shakhawat HossainbrThe government Sunday cut fuel bill of its ministries and divisions by ten per cent and made gas-conversion of newly procured cars mandatory in the wake of ballooning cost of the country's oil import. brThe finance ministry announced the...

Govt to examine three options to fill resource gap

2008-09-01 00:00:00

The government would examine three alternative options to mobilise the resource gap of around Tk 30 billion (3,000 crore) for the construction of proposed Padma Bridge, reports UNB.brThe options are imposing levy and surcharge like the one government had imposed...

Trading of Grameen Two begins tomorrow

2008-09-01 00:00:00

FE ReportbrStock prices rose Sunday on the Dhaka Stock Exchange (DSE) amid a rally of issues under mutual funds and insurance sector.brAll the market barometers -- benchmark DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20),...

Inviting Hafizuddin was a mistake EC

2008-09-01 00:00:00

The Election Commission(EC) regrets its past dealings with BNP, including invitation to M Hafizuddin Ahmed, the acting secretary general nominated by the pro-reform faction, the chief election commissioner has said, reports bdnews24.com. brATM Shamsul Huda told reporters it had been...

Drive against use of substandard CNG cylinders starts

2008-09-01 00:00:00

Explosive Department of the Energy and Mineral Resources Division Sunday launched a drive in the city against substandard CNG cylinders used by motor vehicles, reports UNB.brThe drive was intended to check accidents caused by burst and explosion of cylinders resulting...

Heytens new ADB mission chief

2008-09-01 00:00:00

Paul J Heytens joined ADB's Bangladesh Resident Mission (BRM) as its new country director Sunday, an official statement said, reports UNB.brHe replaced Hua Du, who was assigned in the ADB's Headquarters in Manila in July, after three years in Dhaka....

Wholesale prices of chick-pea fall on less demand

2008-09-01 00:00:00

FE Report brThe prices of chick-pea are continuing to fall in the wholesale markets mainly due to the fall in demand, importers and wholesalers told the FE Sunday.brThe prices of the major Iftar item fell by Tk 4.0 a kg...

Tarique's release on bail may hit snags

2008-09-01 00:00:00

BNP leader Tarique Rahman's release from jail on bail may hit snags as the government and the Anti-Corruption Commission both decided to invoke the vacation Appellate Division's prowess for stay on the High Court orders. At least three separate applications...

Ramadan begins tomorrow

2008-09-01 00:00:00

Ramadan moon was not sighted anywhere in Bangladesh Sunday, said Islamic Foundation. It announced that Ramadan begins on Tuesday. Lilatul Qadr will be celebrated on September 27. The announcement of Islamic Foundation came after a meeting of the National Moon...

Fire breaks out at high-rise building in Banani

2008-09-01 00:00:00

A fire broke out at a multi-storied building in Kamal Ataturk Avenue in the capital's high-society Banani area this (Sunday) afternoon. Fire-service sources said the fire originated in the basement of the 25-storey Rupayan Tower at about 355 pm. But...

BTRC starts process of issuing NTTN licences

2008-09-01 00:00:00

Syed Ishtiaque RezabrBangladesh Telecommunication Regulatory Commission (BTRC) has started the process of issuing Nationwide Telecommunication Transmission Network (NTTN) licences. The objective, according to the BTRC, is to allow the private sector to develop, build, operate and maintain nationwide optical fibre...

Trade not aid the answer to poverty, economists say

2008-09-01 00:00:00

GENEVA, Aug 31(Reuters) As ministers from over 100 countries gather in Ghana to review how effective aid is in helping developing nations deal with poverty, many economists argue the answer is elsewhere -- in freeing up trade. brThe meeting in...

Gustav threatens to rain on Republican parade

2008-09-01 00:00:00

NEW ORLEANS, Aug 30 (Agencies) New Orleans Mayor Ray Nagin ordered the city's more than 239,000 residents to evacuate on Sunday in the face of powerful Hurricane Gustav, which he called the mother of all storms.brThe evacuation order issued on...

Developed nations need to help poor counterparts in clean technology use

2008-09-01 00:00:00

M Azizur Rahmanbrback from Cox's BazarbrThe rich and developed countries should provide funds to the countries like Bangladesh to bring in clean technologies to help boost industrialisation process, experts said.brThey said as the developed and rich countries are responsible much...

Only 'moderate flooding' forecast for some areas

2008-09-01 00:00:00

Areas in the Brahmaputra-Jamuna basin may face moderate flooding by tomorrow (Tuesday), the Water Development Board (WDB) said in a news briefing Sunday, reports bdnews24.com. brExecutive Engineer of Flood Forecasting and Warning Centre Md Saiful Hossain said there was no...

Nat'l Income Tax Day Sept 15

2008-09-01 00:00:00

The September 15 will be observed as the National Income Tax Day every year aiming to encourage people to pay tax, reports UNB.brIn the weekly meeting held Sunday at the Chief Adviser's Office with Chief Adviser Fakhruddin Ahmed in the...

APUB fears negative impact of ordinance on higher edn

2008-09-01 00:00:00

The Association of Private Universities of Bangladesh (APUB) sought Sunday more cooperation of the government in running the private universities smoothly, reports BSS.brThe private universities have restored discipline in higher education and earned satisfaction of students and guardians through introducing...

Tk 4500 sought as minimum wage for garment workers

2008-09-01 00:00:00

FE Report brThe Garment Sramik-0-Shilpa Rakhsha Jatiya Mancha urged the government Sunday to fix the minimum wages of garment employees at Tk 4500 a month in view of price hike of essential commodities.brMembers of the organisation staged a token hunger...

Students go on rampage at Mirpur; Traffic disrupted for three hours

2008-09-01 00:00:00

Students of Bangladesh University of Business and Technology (BUBT) went on a rampage in the city's Mirpur area Sunday morning, angered by the Saturday's assault on three fellow students by a local influential businessman, reports UNB. brThe angry students also...

Finished leather export drops by 20-25pc in three months

2008-09-01 00:00:00

Naim-Ul-KarimbrThe country’s finished leather export dropped by 20-25 per cent in the past three months as economic slowdown in Europe and the USA hit sales of local leather goods in that part of the world, industry sources said on Friday.brSector...

Iceland President visits Sundarbans

2008-09-01 00:00:00

The visiting President of Iceland, Olafur Ragnar Grimsson, Sunday visited the Sundarbans, world’s largest mangrove forest, and witnessed the beauty of the nature, reports UNB.brChief Adviser’s Special Assistant for Environment and Forest Raja Debashish Roy accompanied the President during his...

Overall trend of opening LCs rises marginally

2008-09-01 00:00:00

FE Report brThe overall trend of opening of fresh letters of credit (LCs) for imports increased marginally by 3.67 per cent during the first three weeks of August against the corresponding period of the previous year, officials said. brWe expect...

Category 4 Gustav heads for US after pounding Cuba

2008-09-01 00:00:00

HAVANA, Aug 31 (Agencies) Gustav roared into the oil-rich Gulf of Mexico as a ferocious Category 4 hurricane Sunday after destroying homes and roads in Cuba. The mayor of New Orleans ordered residents to flee the storm of the century...

Thai PM turns to parliament to defuse protests

2008-09-01 00:00:00

BANGKOK, Aug 31 (AFP) Thai Prime Minister Samak Sundaravej turned to parliament Sunday to try and defuse protests that have blockaded his offices and briefly shut airports, but insisted he would stay in power.brMore than 1,000 government supporters marched on...

Russia seeks to avoid EU wrath over Georgia

2008-09-01 00:00:00

MOSCOW, Aug 31 (AFP) Russia moved to ease tensions with the West ahead of an EU emergency summit on the Georgia conflict as Britain pushed Sunday for a root and branch review of the bloc's relations with Moscow.brPresident Dmitry Medvedev...

news digest

2008-09-01 00:00:00

China quake damages 100,000 brhomes, 25 deadbrBEIJING, Aug 31 An earthquake that hit southwest China's Sichuan and Yunnan provinces has killed 25 people, damaged or destroyed more than 100,000 homes and affected at least 440,000 residents, state media said Sunday.--ReutersbrIndia...

Women are vulnerable, symbols of community

2008-09-01 00:00:00

Ayesha Jalal tells Srinivas ParsabrPAKISTANI historian Ayesha Jalal is the director of South Asian and Indian Ocean Studies at Tufts University in the United States. Her latest book 'Partisans of Allah Jihad in South Asia has been published in India...

Course contents and teaching methodology in the educational curricula of local universities

2008-09-01 00:00:00

Dr. Mohammed HossainbrDURING 18 years of university teaching life, this writer would like to observe that the course contents and syllabus in our universities are up to the international standard. However, the course contents, the way of delivering, the learning...

Crisis of confidence in the capital market

2008-09-01 00:00:00

SyeduzzamanbrIT is augurs well to see the efforts by the Securities & Exchange Commission (SEC) to find ways and means through a series of meetings with merchant banks and major brokerage houses aimed at rebuilding confidence among general investors. It...

Dhaka Abahani face Mohammedan SC today

2008-09-01 00:00:00

Dhaka Abahani take on Dhaka Mohammedan SC today (Monday) in the high voltage title deciding final match of the Citycell Federation Cup Football with both the teams optimistic about winning the match, reports UNB.brThe match gets underway at 430 pm...