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Land depression weakens into well-marked low, lying over west

2007-07-06 00:00:00

The land depression over Barisal division and adjoining Khulna division moved northwestwards, weakened into a well-marked low and is lying over west of Jessore and adjoining area Thursday morning, reports UNB.It is likely to move in a northwesterly direction further...

Mother killed by her son

2007-07-06 00:00:00

GOPALGANJ, July 5 (UNB): A woman, who was hit by her son at Chorkhuli village under Kotalipara Upazila of the district, died at Khulna Medical College Hospital Monday.Local people said Litu Khan quarreled with his mother Moyna Begum Saturday over...

Farmers expecting bumper maize production

2007-07-06 00:00:00

CHAPAINAWABGANJ, July 5 (UNB): Farmers of the district are expecting a bumper production of maize in the current season.Farmers have brought 6,922 hectares under maize cultivation with an output target of 48,000 tonnes this season. They are expecting to get...

Female students fall ill after taking tea

2007-07-06 00:00:00

BARGUNA, July 5 (UNB): Six female students of a school fell seriously ill shortly after taking tea at Monmatali Lakurtala under Sadar Upazila Wednesday.Nipa, Tania, Aduri, Kakoli, Marzirna and Sharmin, students of class six to eight of Monmatali Lakurtala ABR...

Three people died in separate incidents in B'Baria

2007-07-06 00:00:00

BRAHMANBARIA, July 5 (UNB): Three people died in separate incidents in the district Wednesday.Sources said the body of an unidentified woman, aged about (28), was recovered from a pond at Boroipara village under Sarail Upazila. The body was sent to...

Robbers loot cash, valuables from two houses

2007-07-06 00:00:00

PABNA, July 5 (UNB): Armed bandits looted cash and valuables from two houses injuring three people at Chakrapa village under Chatmohor Upazila Wednesday.Police said the bandits, numbering from 8 to 10 stormed into the house of Abul Hossain at about...

Contractor killed by garment worker

2007-07-06 00:00:00

SAVAR, July 5 (UNB): A contractor was allegedly killed by a garment worker in Kalma area of the upazila Wednesday.Police said workers of garment factory 'Hot Dress Ltd.' attacked and beat up Ripon, who was working on sub- contract in...

StanChart launches 'Saadiq' Islamic banking in country

2007-07-06 00:00:00

FE Report Standard Chartered Bank (SCB) has launched 'Saadiq', its new Islamic banking brand, through a ceremony in a city hotel Wednesday.The new brand will offer a range of Shariah-compliant financial solutions through the bank's world-class service infrastructure.Bangladesh Bank Governor...

Nokia Siemens makes $900m investment plans to its facility in India

2007-07-06 00:00:00

Nokia Siemens Networks has recently announced $100 million investment plans in its Indian facility over the next three years. The next day it announced signing of a $900 million memorandum of understanding with Bharti Airtel for an end-to-end network expansion,...

Holcim trains staff of dealers, retailers

2007-07-06 00:00:00

FE ReportHolcim, a leading cement manufacturer of the country, held a day-long training programme called 'Training for Channel Partner's Employees' for the employees of its sales partners at Fu-Wang Bowling Club, Tejgaon-Gulshan Link Road in the city recently. About 220...

Farzana Shakil launches 'FS Concept', 'Teen Time'

2007-07-06 00:00:00

FE ReportFarzana Shakil Makeover Salon Ltd (FSMSL) has launched 'FS Concept' and 'Teen Time' for the country's beauty-conscious women through a press meet in the city Wednesday.Among others, FSMSL Managing Director Farzana Shakil, Head of Operation Shakil Kasem and Head...

Border-demarcation crisis makes fisheries cultivation in Muhuri Project uncertain

2007-07-06 00:00:00

Our CorrespondentCHITTAGONG, July 4: The planned cultivation of fish under the Muhuri Project in over 5,000 acres of land, lying in between Mirsarai Upazila of Chittagong and Sonagazi Upazila of Feni, has become uncertain due to the complications rising from...

Power outage hits industrial output

2007-07-06 00:00:00

Out CorrespondentBRAHMANBARIA, Jul 4: Frequent power outage, often for long periods, is severely hampering the industrial production in the district.Regular power outage has almost paralysed normal life, affecting the daily activities of the people in the district.Besides, the erratic power...

IBBL workshop on Practice of Islamic Banking ends

2007-07-06 00:00:00

FE Report The closing ceremony of a six-day workshop on 'Practice of Islamic Banking' organised for the officials of Bank of Ceylon, Sri Lanka by Islami Bank Training and Research Academy was held at the Board Room of Islami Bank...

Challenges ahead of private universities

2007-07-06 00:00:00

Akbaruddin AhmedTHE policies of the government and the University Grants Commission (UGC) have become an impediment to growth and development of the private universities. The UGC is responsible for monitoring the activities of both the public and private sector Universities....

Islamic financial services industry at home and abroad

2007-07-06 00:00:00

Dr. Mahmood AhmadIn the historical context, charging a return on loans and an additional amount or penalty in case of a delay in their repayments (riba) is prohibited in the Holy Scriptures of several major religions, including Islam. In addition,...

Hypocrisy in the name of democracy in the Middle East

2007-07-06 00:00:00

Zahid ZamirIf we look at the meaning of democracy in different text books then we can safely conclude that "democracy is the form of government in which the sovereign power resides in the people as a whole and is exercised...

PGR to demonstrate full professionalism remaining loyal to leadership: President

2007-07-06 00:00:00

President lajuddin Ahmed has expressed his firm belief that members of the President Guard Regiment (PGR) will demonstrate utmost professional skill in performing their duties by remaining loyal to leadership as in the past.The President said this while addressing the...

Huda questions transparency of his trial

2007-07-06 00:00:00

Former communications minister Nazmul Huda Thursday questioned the transparency of trial in a special court dealing with high-profile political corruption, reports bdnews24.com."Maybe for this (the question) five years of Jail sentence will be increased to 14 years", Huda said in...

ACC begins serving notices to 12 graft suspects

2007-07-06 00:00:00

The Anti-Corruption Commi-ssion (ACC) Thursday began serving notices to 12 corrupt suspects, mostly politicians like Altaf Hossain Chowdhury, Sheikh Fazlul Karim Selim and Lutfozzaman Babar, to submit their wealth statements within seven working days."We already delivered notices Thursday to six...

Sigma Huda detained, sent to jail after surrender to trial court

2007-07-06 00:00:00

Sigma Huda, wife of the detained former communications minister and Bangladesh Nationalist Party (BNP) leader Nazmul Huda, was detained and sent to jail to stand trial for corruption after she surrendered to a special anti-graft court Thursday, report agencies. The...

Court issues warrant of arrest of Falu's wife

2007-07-06 00:00:00

The special judge's court Thursday ordered for warrant of arrest of Mahbuba Sultana, wife of former lawmaker Mosaddeq Ali Falu, in a case of income tax evasion, reports UNB.Deputy Commissioner of Taxation filed the case against Mahbuba accusing her of...

Bangladesh combines economic growth, safety net: Adviser

2007-07-06 00:00:00

Foreign Affairs Adviser Iftekhar Ahmed Chowdhury said, the Bangladesh Government combines in its policies the facilitation of economic growth with a wider casting of the social safety net to assist the vulnerable groups in the society, reports UNB. This he...

Undisclosed money holders start putting faith in NBR

2007-07-06 00:00:00

FE ReportUndisclosed money holders have started coming from behind as their response to the offer of the National Board of Revenue (NBR) on legalisation of their money is gradually increasing.During the first five days of the new fiscal until Thursday,...

Khaleda for 3-7 days council of party to complete reforms

2007-07-06 00:00:00

Beleaguered BNP chairperson and former Prime Minister Khaleda Zia Thursday urged her party faithful to remain united against any "conspiracy" to harm the Bangladesh Nationalist Party, reports UNB."BNP is the largest democratic party. I have asked party leaders and workers...

Jalil quits politics, raps Hasina for dictatorship

2007-07-06 00:00:00

Detained Awami League (AL) general secretary Abdul Jalil in a statement has said he is retiring from politics citing ill health and family concerns, but he rapped Sheikh Hasina for her "authoritarian leadership" and begged the government to release him,...

CA urges PGR to help build a modern, developed nation

2007-07-06 00:00:00

Chief Adviser Fakhruddin Ahmed Thursday urged members of the President's Guard Regiment (PGR) to dedicate wholeheartedly to building a modern and developed nation and a society free from terrorism and corruption, reports UNB. He was addressing a Darbar to mark...

Lobi jailed for 8 yrs for evading tax

2007-07-06 00:00:00

Former BNP lawmaker Ali Asghar Lobi was Thursday sentenced to eight years in jail by a special court for dodging tax and suppressing information about tax, as trial of high-profile corruption suspects continued under the current purge, report agencies.Judge Shahed...

Domestic credit growth falls by 3.0 per cent

2007-07-06 00:00:00

FE Report The country's overall domestic credit growth fell by about 3.0 percentage points during the first 10 months of fiscal 2006-07 compared with that of the same period of the previous fiscal due mainly to political uncertainty. Overall domestic...

Bangladesh likely to beat India in garment exports

2007-07-06 00:00:00

FE Report Bangladesh is set to beat India in garment exports in the wake of an appreciating rupee, according to an Indian newspaper report. Last year, the country exported garments worth US$8.0 billion, whereas Bangladesh notched up around US$7.8 billion....