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EC invites BNP to dialogue

2008-08-30 00:00:00

BNP said Friday it had received a letter from the Election Commission inviting the party to talks over registration of political parties, the deadline for which ends on Oct 15, reports bdnews24.com.The letter addressing Khandker Delwar Hossain as the secretary...

Iftekhar, Pranab talks bilateral issues at BIMSTEC meet

2008-08-30 00:00:00

Foreign adviser Iftekhar Ahmed Chowdhury had bilateral talks with his Indian counterpart Pranab Mukherjee Thursday, at the sidelines of the 10th ministerial meeting of the Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation in New Delhi, reports...

No improvement in power supply in two years

2008-08-30 00:00:00

THERE is no sign of an improvement of power supply in the country. It has been affecting all of us for more than two years. Recently, knitwear manufacturers once again expressed concern at the frequent power disruption affecting their production....

Sri Lankan Army Chief returns home

2008-08-30 00:00:00

Sri Lankan Chief of Army Staff Lt Gen GSC Fonseka left Dhaka Friday after a four-day visit to Bangladesh, reports UNB.He was accompanied by his wife Anoma Indumathi Fonseka and a seven-member military delegation.On behalf of Chief of Army Staff,...

Ahle Hadith Andolon chief Ghalib freed on bail

2008-08-30 00:00:00

BOGRA, Aug 28 (bdnews24.com): Asadullah Al Ghalib, alleged militant kingpin and Ahle Hadith Andolon, Bangladesh (AHAB) chief, was released on bail from Bogra jail Thursday.Bogra district superintendent of police Abdur Razzak told journalists Ghalib had got bail in four out...

DAM develops sustainable model for pre-childhood, primary education

2008-08-30 00:00:00

Dhaka Ahsania Mission (DAM) has developed sustainable model for qualitative development of pre-childhood and primary education through Community Learning Action Project (BIKASH), reports BSS.This project has helped increasing percentage of school going children and number of stipends, reducing the number...

Solving the city's traffic problem

Engineer Shafiqul Alam | 2008-08-30 00:00:00

TRANSPORT is an important element in determining not only the city's efficiency, but also its sustainability. While most of the cities regularly vie to build the tallest building, they pay much less attention to smart and energy-efficient infrastructures that minimize...

DSE witnesses buoyant week

FE Report | 2008-08-30 00:00:00

After nine straight bearish weeks, the Dhaka Stock Exchange (DSE) witnessed a buoyant week that ended Thursday on pinning hopes about a positive outcome from the securities regulator's ongoing series of meetings with different stakeholders to stabilise the market.The trading...

Not overregulation but facilitation of quality education is needed

Md. Abdul Hamid | 2008-08-30 00:00:00

Introducing any regulation is certainly a tough job. When the parliament is there, the government puts forward a bill to the house for approval of the members. All of the members get then the opportunity to give their opinions in...

Trade deficit shoots up to $5.54b in FY '08

Siddique Islam | 2008-08-30 00:00:00

The country's overall trade deficit widened by 60.23 per cent to US$5.541 billion in the last fiscal due to price hike of essential items, including fuel and foodgrains, in the global market.The higher trade deficit pushed the country's overall balance...

Badruddoza seeks more time for registration, upazila polls first

2008-08-30 00:00:00

BRAHMANBARIA, Aug 29 (bdnews24.com): Bikalpadhara Bangladesh (BDB) president AQM Badruddoza Chowdhury has said that political parties needed more time beyond the Oct 15 deadline to register with the Election Commission (EC).He also said he believed it was better to hold...

Creating employment, earnings

2008-08-30 00:00:00

The Bangladesh economy has been keeping its head above the waters as indicated by periodic statistics from different sources. But the economy also has had its share of troubles in the last two years from slowed-down economic activities. Government's policies...

China expects smooth JS polls in Bangladesh

2008-08-30 00:00:00

China expects smooth general elections in Bangladesh to maintain stability as Beijing defined her future relations with Dhaka in four major fields, reports UNB."China closely follows the political situation in Bangladesh. Over the past year, the caretaker government has made...

Off-floor investors find DSE website hardly accessible

2008-08-30 00:00:00

Mahsudul M Islam, a young executive of a mobile phone company, carries his laptop to the office to keep an eye on his share prices."But this DSE website is hardly accessible during trading hours. It takes ages to refresh just...

Iceland President arrives in city

2008-08-30 00:00:00

Iceland President Olafur Ragnar Grimsson arrived in Bangladesh Friday evening on a three-day visit to attend the concluding session of an international conference on climate change, an official said, reports bdnew24.com.President Iajuddin Ahmed received the Iceland President at Zia International...

ECB, US Fed want to ease cash access in times of crisis

2008-08-29 00:00:00

FRANKFURT, (Internet): The European Central Bank (ECB), the US Federal Reserve and other central banks plan to ease dollar refinancing rules in times of emergency, the Financial Times Deutschland said Thursday.According to a proposal, the Fed would make loans in...

DCC's garbage management

2008-08-29 00:00:00

THE Dhaka City Corporation (DCC), it seems, became conscious of improving garbage collection from the Dhaka city. It was reported sometime ago that the DCC signed an agreement with a bilateral donor agency to set up a modern garbage recycling...

Experts for amending laws to prevent child marriage

2008-08-29 00:00:00

Experts at a roundtable Thursday demanded of the government to amend the existing marriage laws identifying the loopholes to prevent child marriages, which have assumed an alarming proportion in the country.ActionAid Bangladesh in collaboration with Saptahik 2000 organised the roundtable...

Govt to abolish PSI system by Dec 2009: Mirza Aziz

FE Report | 2008-08-29 00:00:00

The government has set end of 2009 as the latest deadline to abolish pre-shipment inspection (PSI) system as it is building its own capacity to inspect the country's soaring imports, finance adviser said Thursday.Mirza Azizul Islam said: "Within the next...

Vietnam fertiliser import increases

2008-08-29 00:00:00

HANOI, Aug. 28 (Xinhua): Vietnam is estimated to spend roughly 1.2 billion U.S. dollars importing 2.5 million tons of fertilizers in the first eight months of this year, seeing respective year-on-year rises of 106.6 per cent and 4.4 per cent,...

Moudud sued for withdrawing money in fake names

2008-08-29 00:00:00

The Taskforce Wednesday night filed a case against former minister Barrister Moudud Ahmed accusing him of withdrawing Tk 19 million (1.9 crore) from IFIC Bank in fake names, reports UNB.Luthfar Rahman of the Taskforce filed the case with Motijheel thana...

Pakistan imposes emergency stock limits to halt slide

Farhan Sharif and | 2008-08-29 00:00:00

Chua Kong HoKARACHI: Pakistan imposed emergency trading limits to halt a slide in stocks that sent the benchmark index down 42 per cent since April, the second attempt in two months to restore confidence in a market battered by political...

HC questions legality of RPO

2008-08-29 00:00:00

The High Court (HC) Thursday asked the government to explain why sections of the amended RPO relating to political party's constitution and politics based on religion should not be declared unconstitutional, reports bdnews24.com.The bench of justices Syed Mahmud Hossain and...

City's traffic jam

2008-08-29 00:00:00

THE month of Ramadan is just near. The capital which is experiencing severe traffic congestion is readying itself for more pressure in the month of Ramadan. The Dhaka's Police Commissioner has said that they are moving with a comprehensive plan...

Unemployment leaps over 20pc in 25 NY counties

2008-08-29 00:00:00

NEW YORK, Aug 28 (Reuters): The ranks of unemployed workers soared more than 20 per cent in 25 New York counties in the first half of 2008, even in wealthy suburbs around New York City such as Westchester and Nassau,...

Asian markets close mixed

2008-08-29 00:00:00

TOKYO, Aug 28 (RTTNews): The stock markets across the Asia-Pacific region closed mixed Thursday in seesaw trading after Wall Street finished firm overnight on a rebound in financial stocks and better-than-expected durable goods orders.The Japanese stock market closed mixed after...

India's Infosys buyout to limit impact of US slowdown

2008-08-29 00:00:00

BANGALORE, India, Aug 28 (AFP): Indian software giant Infosys Technologies said yesterday its acquisition of British consultancy Axon group for 753 million dollars would limit its risk from the US slowdown.Nasdaq-listed Infosys, India's second-largest software services exporter, announced Monday it...

Venezuela nets $4.3b in windfall oil profit tax

2008-08-29 00:00:00

CARACAS, Aug 28 (AFP): Venezuela has raked in 4.3 billion dollars from a tax on windfall oil profits it started collecting from state-owned Petroleos de Venezuela in mid-April, President Hugo Chavez said yesterday."Up to now we have obtained 4.3 billion...

Greater Asian integration tipped after ASEAN free trade pacts

2008-08-29 00:00:00

SINGAPORE, Aug 28 (AFP): The Association of Southeast Asian Nations (ASEAN) regional bloc concluded free trade pacts with India and Pacific neighbours Australia and New Zealand today, setting the stage for broader Asian economic integration, officials said.They hailed the agreements...

Bangladesh, India set to compete for the same set of investors

FE Report | 2008-08-29 00:00:00

Bangladesh and India are set to compete for the same set of telecom investors with Bangladesh announcing auctions for Broadband Wireless Access (BWA) spectrum close on the heels of India unveiling its BWA policy, according to a report of an...