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Tarique, wife, daughter get UK, German visas

2008-09-10 00:00:00

BNP senior joint secretary general Tarique Rahman and his wife and daughter Tuesday got UK and German visas to pursue his overseas treatment, as he is now out of jail on bail, reports UNB.brHis counsel Adv Ahmed Azam Khan told...

Motor vehicle sales outside capital see sizzling growth

2008-09-10 00:00:00

Mahmuda ShaolinbrMotor vehicle sales in cities and towns outside the capital nearly doubled last year and has been growing in sizzling pace this year due to buying spree of motor cycles and auto-rickshaws, officials said Tuesday.brA total of 84,330 new...

AL demands Hasina's release, lifting of emergency

2008-09-10 00:00:00

Awami League (AL) ended its two-hour meeting with the Election Commission (EC) at 400pm Tuesday, the last day of the third-round electoral dialogue, reports bdnews24.com. brThe seven-member AL delegation was led by the party's acting president Zillur Rahman, and included...

Dhaka stocks continue rally

2008-09-10 00:00:00

FE ReportbrDhaka stocks continued their rally, led by mainly mutual funds, Tuesday when the market saw the turnover hitting almost Tk 4.0 billion mark.brThe Dhaka Stock Exchange (DSE) experienced selective trading by retail investors. brThe market barometers -- the benchmark...

Zardari sworn in as Pak president

2008-09-10 00:00:00

ISLAMABAD, Sept 9 (Agencies) The widower of assassinated former Pakistani leader Benazir Bhutto took office as the country's new president Tuesday, facing immediate pressure to crack down on Islamic militants and address daunting economic problems.brShortly after he took the oath...

DCCI wants more time to submit tax returns

2008-09-10 00:00:00

FE Report brLeaders of the Dhaka Chamber of Commerce and Industry (DCCI) Tuesday proposed to the National Board of Revenue (NBR) to allow 45 days for submission of tax returns instead of existing 30 days.brThe 30-day time limit for submission...

Four city mayors enjoy status of state minister

2008-09-10 00:00:00

The new mayors of four city corporations will enjoy the status of state minister and other ancillary facilities during their tenure in office. This order will come into effect from the day of taking oath, a government announcement said Tuesday,...

Cheque-forgery in Jamalpur Pubali Bank

2008-09-10 00:00:00

JAMALPUR, Sept 9 Mystery shrouds over the withdrawal of Tk 1.0 million through three forged cheques Tuesday from Pubali Bank branch at the district town. Bank's second officer Jahangir Alam said his signature was forged in withdrawing the money from...

State-run banks must give loans to BPC if they use bonds

2008-09-10 00:00:00

Shakhawat Hossain brThe finance ministry Tuesday said state-run banks must provide loans to Bangladesh Petroleum Corporation (BPC) if they use BPC bonds to maintain the central bank statutory liquidity ratio (SLR), officials said.brThe banks -- Sonali Bank Limited and Janata...

Oil prices fall to 5-month low

2008-09-10 00:00:00

VIENNA, Sept 09 (AFP) Oil prices fell close to 101 dollars a barrel Tuesday, their lowest reading in five months, ahead of an OPEC meeting where the cartel was expected to leave its output target unchanged. brSaudi Arabia voiced satisfaction...

Govt decides on steps to boost tea production

2008-09-10 00:00:00

An inter-ministerial meeting Tuesday decided to take steps for more production of tea to meet the soaring demand at home and increase export earnings from the sector, reports UNB. brThe meeting at the Ministry of Commerce asked relevant departments to...

Imports grow 29pc in two months

2008-09-10 00:00:00

FE Report brThe country's overall imports grew by 29.01 per cent during the first two months of the current fiscal against the corresponding period of the previous fiscal. brThe letters of credit (LCs) against imports worth $3.765 billion were settled...

Court orders Thai PM to resign

2008-09-10 00:00:00

BANGKOK, Sept 9 (Agencies) Thailand's Constitutional Court ordered Prime Minister Samak Sundaravej to stand down Tuesday, accusing him of breaking the law by hosting cooking shows on commercial television while in office.br Lawmakers will choose a new premier and Samak...

Banana consumption on rise during Ramadan

2008-09-10 00:00:00

Jasim Uddin Haroon brConsumption of banana has increased during the month of Ramadan when a growing number of people take the cheaper fruit while breaking fast. brIts prices have also dropped, thanks to a surge in its supply by around...

Dhaka in int'l spotlight over adverse impact of global warming

2008-09-10 00:00:00

LONDON, Sept 9 (UNB) Bangladesh is in the international spotlight over the adverse impacts of global warming as a high-profile conference begins here Wednesday.brThe aim of the meet is to focus the need for an agreement on the reduction of...

Govt weighs option of nulling university admission test

2008-09-10 00:00:00

The admission-test system at the university level is to be abolished in phases by making the public examinations more standardised in future, a high-level government meeting expressed the hoped Tuesday, reports UNB.brThis ultimate option came into consideration at the meeting...

Dhakaeverything is unplanned

2008-09-10 00:00:00

Munima SultanabrThere is a plan to beautify the city of Dhaka with attractive features like lakes, greenery and high end buildings. Despite the Dhaka Metropolitan Development Plan (DMDP) to beautify the city, it has been losing its attractive features. This...

Fabulous buildings, no civic amenities

2008-09-10 00:00:00

Syed Ishtiaque Reza brDhaka city's basic infrastructure like roads and supply pipelines don't seem to match the residential and commercial building boom. brFrom old Dhaka to Tongi, the city is witnessing a frazied construction activity. Developers say, it is quite...

Looming housing slump in China

2008-09-10 00:00:00

In 2007 China experienced the highest rise in residential property price in the world, with prices in major cities doubling over the past few years. brThe first half of 2008 however saw a marked slowdown. The house price index for...

Property investment funds look east

2008-09-10 00:00:00

Major property investment funds are looking to the Far East and Asia as the best bets in the current global economic downturn.brMorgan Stanley is raising $10 billion for a global property fund and plans to put $1.5 billion or more...

Developers move to small Thai islands

2008-09-10 00:00:00

Property development in Phuket is expanding to four small nearby islands because of the demand for privacy.brInvestments worth around 20 billion baht are currently underway. They include the huge Indian conglomerate Tata Group which is developing Taj Exotica Resort and...

Relaxation of ban on TU activities

2008-09-09 00:00:00

The caretaker government last Sunday partially relaxed ban that it imposed on trade union activities under Emergency Powers Rules after taking over the rein of the country's administration in January last year. Following the relaxation of the curbs, labour groups...

What ails the garments sector

2008-09-09 00:00:00

Syed Fattahul AlimbrThe problems in the garment industry of the country appear to have started to fester. The occasional eruption of violence over rumours of confinement, torture or even death of workers at the hands of what the reports go...

Environment for market-based economy

2008-09-09 00:00:00

Ahmed Showkat MasudbrOur country started its journey for achieving the goals of a market-oriented economy since more than two decades back. But what is going on in our country in the course of this journey requires more attention from the...

Islam a peaceful religion

2008-09-09 00:00:00

THE religion selected by Allah is Islam. The word 'Islam' means peace. Though unpleasant but it is true that recently the terms 'jongi' (militant) JMB, etc., are being are reported by the media to us. The violent activities of these...

New bus routes and traffic jam

2008-09-09 00:00:00

As the problem of traffic jam in the city is getting worse with every passing day, the authorities concerned have gone for rearrangement of a number of bus routes. It is indeed a good move. But commitment of the traffic...

Professionalism in insurance sector

2008-09-09 00:00:00

A.B.M. Nurul Haq brTHE word profession means a trade, a calling where people are engaged to earn their livelihood. To be precise, it means a collective body of persons engaged in any profession. The word professional means 'one who follows...

Impaired Intellectual Property Rights in Bangladesh

2008-09-09 00:00:00

A.B.M. Shamsud DoulahbrWE all know well that for the remedial treatment of his or her complex neurological problems, no patient should go first to a general physician. But unlike many countries of the world including some of our neighbours, it...

US taking giant steps to steady housing, financial sectors

2008-09-09 00:00:00

WASHINGTON, Sept 8 (AFP) The US government is taking an unprecedented step into the financial sector in a bid to steady an ailing housing market and ease a global credit crunch, analysts said. brA series of steps announced Sunday places...

Japan PM contenders clash over spending, taxes

2008-09-09 00:00:00

TOKYO, Sept 8 (Reuters) The frontrunner to become Japan's next leader will pledge tax cuts and bigger government spending to boost the economy, a newspaper said Monday, a contrast with rivals worried about the country's huge debt.brThe winner of the...