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CA donates Tk 0.4m for Sabina's treatment

2007-07-11 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Tuesday donated Tk 0.4 million to ailing singer Sabina Yasmin for better treatment. The money was given from the CA's Relief and Welfare Fund. The CA Monday visited the eminent singer of this subcontinent at...

HC asks IFIC to give Moudud his account info

2007-07-11 00:00:00

The High Court (HC) Tuesday asked the IFIC Bank to provide former law minister Moudud Ahmed with the statement of his bank account, including FDR, within five working days. A vacation bench of the High Court, responding to a petition...

All-SoEs jt venture gas company to fix special tariff structure

2007-07-11 00:00:00

M Azizur RahmanThe Energy and Mineral Resources Division (EMRD) may fix a special gas tariff structure for the country's first-ever joint venture of the state-owned gas companies to develop Begumganj gas field."The tariff structure will be set in such a...

DSE general index crosses 2200 points

2007-07-11 00:00:00

FE ReportThe general index of Dhaka Stock Exchange (DSE) crossed a new milestone at 2210.691 Tuesday amid a rally of stock prices, led by banks, power companies and mutual funds.The DGEN or DSE General Index was 2197.642 on Monday. It...

Budget has strong bias to rural economy: ICC-B

2007-07-11 00:00:00

FE Report International Chamber of Commerce, Bangladesh (ICC-B) said the budget for fiscal 2007-08 has a strong bias towards rural economy as provisions for financial assistance and increased subsidy for agriculture, diesel and fertiliser as well as for research and...

Draft of consumer protection act may be finalised in Aug

2007-07-11 00:00:00

FE Report The draft of consumer protection act is likely to be finalised in the next month with provisions of stern measures against the dishonest businessmen.The inter-ministerial meeting agreed this in principle at a three-hour meeting held at the Ministry...

BB asks NCBs to pace up drives to reduce default loans

2007-07-11 00:00:00

FE Report The Bangladesh Bank (BB) has asked the four nationalised commercial banks (NCBs) to take measures to reduce the volume of default loans through strengthening the on-going recovery drives, official sources said. The instruction came at a review meeting...

Hotel manager slaughtered

2007-07-11 00:00:00

A hotel manager was slaughtered allegedly by his colleague at Malibagh rail-crossing in the city early Tuesday, reports UNB.The deceased, identified as Durjoy Chakrabarti (50), and hailing from Datchar village of Kachua upazila under Chandpur, was also the manager of...

Zillur criticises Mainul's remarks on Hasina, Khaleda

2007-07-11 00:00:00

Awami League presidium member Zillur Rahman Tuesday protested Law Adviser Barrister Mainul Hosein's remarks terming Sheikh Hasina and Khaleda Zia as failed leaders and his call to the people to boycott the two leaders, reports UNB."His (Mainul unguarded remarks proved...

Govt fixes fees for cable TV subscribers

2007-07-11 00:00:00

The government has fixed fees for the cable TV subscribers on the basis of area and channel number, reports UNB.As per the government fixed-fees, the subscribers of Dhaka and Chittagong cities will pay Tk 300 maximum to the operators who...

Immigration checks for Dhaka-Kolkata trains flawed: BDR

2007-07-11 00:00:00

Bangladesh Rifles (BDR) fears that the proposed Dhaka-Kolkata direct passenger train service will facilitate the movement of cross-border terrorists and arms if customs and immigration checks are completed in Dhaka, reports bdnews24.com. The meeting between Bangladeshi and Indian delegations Tuesday...

Dollar slips, call rate unchanged

2007-07-11 00:00:00

FE ReportThe US dollar slipped slightly against the Bangladesh taka (BDT) Tuesday in the interbank foreign exchange market although the demand for the greenback remained stable, fund managers said.The market experienced higher supply of dollar that influenced the greenback to...

Sabina flies to Singapore Wednesday night

2007-07-11 00:00:00

A Singapore Airlines flight will fly critically-ill music celebrity Sabina Yasmin to Singapore Wednesday night, officials said. The flight is scheduled to leave at 11:50pm. A LabAid Specialised Hospital official said all administrative formalities of admitting her have been taken...

Moeen pitches for right to information

2007-07-11 00:00:00

Army chief General Moeen U Ahmed Wednesday hoped the interim government would soon introduce a Right to Information Act to stop bureaucrats getting away with corruption and ensure transparency and accountability in government functioning. “I hope that in near future...

Hasina, Khaleda no threat to national security: Matin

2007-07-11 00:00:00

Communications adviser MA Matin Wednesday said former prime ministers Khaleda Zia and Sheikh Hasina posed no threats to national security. “The two leaders, Sheikh Hasina and Khaleda Zia, are not threats to the security of the country. I don’t think...

AL rebuts reports of Hasina-Khaleda talk

2007-07-10 00:00:00

Awami League (AL) top order rebutted the reports about telephone conversation between the two beleaguered former prime ministers -- Sheikh Hasina and Khaleda Zia -- and dismissed such camaraderie in the future as well, reports UNB."Some newspapers published the report...

BNP 'reformists' snub Khaleda over conspiracy charges

2007-07-10 00:00:00

The so-called pro-reform BNP leaders Monday dismissed party chief Khaleda Zia's allegations that they had been conspiring to break up the party, reports bdnews24.com. They said they were striving to make the party more organised and democratic and that the...

Mohiuddin moves against conviction in jail killing case

2007-07-10 00:00:00

Retired major AKM Mohiuddin Ahmed Monday filed an appeal with the court against conviction in the jail killing case. The court received the appeal, sent through the authorities of Dhaka Central Jail, a senior official said. Dhaka Metropolitan Sessions Judge...

Chief Adviser visits ailing singer Sabina

2007-07-10 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed visited the ailing noted singer Sabina Yasmin at Lab Aid Hospital in the city Monday afternoon. The CA talked with the eminent artiste of the subcontinent and wished her early recovery. He inquired about condition...

Cox's Bazaar hotel evades Tk 100m tax

2007-07-10 00:00:00

Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) has unearthed Tk 100 million tax evasion by Hotel Seagull of Cox's Bazaar. Intelligence officials Thursday inspected the hotel and seized related documents and materials. Tarique Rahman, senior joint...

NCBs to sign vendor deals with govt to complete corporatisation process

2007-07-10 00:00:00

FE Report Three nationalised commercial banks (NCBs) are going to sign vendor agreements with the government shortly to complete their ongoing corporatisation process. The Ministry of Finance (MoF) has already sent the copies of draft vendor agreement to the three...

Govt urged to allow more banks to do merchant banking

2007-07-10 00:00:00

FE ReportListed banks have reiterated the demand of the government for allowing more commercial banks to do merchant banking to strengthen the institutional support in the stock market.The demand was raised at a meeting Monday, arranged by the Dhaka Stock...

Freight forwarders to resist some overseas cos get licences

2007-07-10 00:00:00

FE Report The Bangladesh Freight Forwarding Association (BAFFA), an organisation of the country's 600 freight forwarders, said it will resist some overseas companies get licences. "We will resist foreign companies who have cheated the local traders during awarding of licences...

Govt aims at reducing resource distribution gap among regions

2007-07-10 00:00:00

FHM Humayan KabirThe caretaker administration has taken vigorous initiatives to promoting the goals of balanced regional development through public resource allocation.Sources in the Planning Commission (PC) said the administration has taken the matter seriously for reducing the gap in resource...

CCH to launch advanced software

2007-07-10 00:00:00

Naim-Ul-KarimThe government will soon introduce Direct Traders Input (DTI) facility developing 'ASYCUDA++/ ASYCUDA World' system, an advanced computer software programme, in the customs house at the country's premier seaport, sources said.They said this will ensure speedy service on both exports...

Dhaka-Kolkata train service ahead of Ramadan

2007-07-10 00:00:00

Railway officials of Bangladesh and India in the city Monday agreed in principle on commissioning Dhaka-Kolkata passenger train service ahead of Ramadan, in a follow-up to Sunday's cross-border trial run, reports UNB.The agreement came at a meeting of senior officials...

Put all-out efforts to achieve revenue earning target: NBR

2007-07-10 00:00:00

S M JahangirThe National Board of Revenue (NBR) directed Monday its officials concerned to put their allout efforts to reach the revenue-earning target set at Tk 438.50 billion by the government for the fiscal year 2007-08.The NBR chairman Badiur Rahman...

Dollar loses ground, call rate steady

2007-07-10 00:00:00

FE ReportThe US dollar slightly lost ground against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The market was active due to trading in the international market.The exchange rate...

DSE stock prices marginally gain

2007-07-10 00:00:00

FE Report Stock prices on the Dhaka Stock Exchange (DSE) gained marginally Monday although the turnover declined.On Monday's trading session DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20) gained by 7.683 points, 7.120 points and...

Clarification

2007-07-10 00:00:00

The picture carried on back page in Monday's issue of The Financial Express (FE) gave rise to confusion in the minds of readers as to the identity of the man in the circle, who looked like a policeman, that he...