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Obituary

2008-07-31 00:00:00

Azampur superviser of Dhaka Sangbadpatra Hawkers Samoby Samity (DSHSS) Md Kamal Uddin Mojumder (55)died Tuesday of severe heart attack at Dhaka Medical College Hospital, says a press release.He left behind two sons, three daughters. President of DSHSS Mostafa Kamal and...

Warid Telecom selects Kaniz Almas Khan as brand ambassador

2008-07-31 00:00:00

Warid Telecom has selected the country's top beauty expert Ms Kaniz Almas Khan as the brand ambassador of its Zahi postpaid brand, said a press release.As the brand ambassador, Khan, who is the chief executive officer of Persona, a leading...

For a better functioning DCC

Enamul Haque | 2008-07-31 00:00:00

The exodus of people from other areas of the country leading to their migration to Dhaka city and its adjacent areas is occurring at a fast pace. The pull factors of the city are considered as almost unstoppable by experts....

Nawabpur blank Bangladesh SC

2008-07-31 00:00:00

A brilliant hattrick by Noyon guided Nawabpur KC to a 5-0 goals victory over Bangladesh Sporting Club in a 2nd phase match of the Dhaka City Corporation Pioneer Football League at Kamalapur Stadium in the city Wednesday, reports UNB.Mahbub Hasan...

Doa mahfil held at Mia Saheb Maidan Khanqueh Sharif

FE Report | 2008-07-31 00:00:00

Khanqueh-e-Shaheed (Ra) Mia Saheb Maidan Khanqueh Sharif, situated at Luxmi Bazar, in the old city of Dhaka, held religious discussion, Fateha khwani, zikir, milad and doa mahfil marking the holy Lailatul Qadr after Maghrib prayers Wednesday.Eighth Goddinshin Peer Alhaj Hazrat...

news digest

Obama meets Pakistani | 2008-07-31 00:00:00

PM for terror talksWASHINGTON, July 30: White House runner Barack Obama said Tuesday that he had discussed how to better pursue the US campaign against Al-Qaeda and the Taliban with visiting Pakistani Prime Minister Yousuf Raza Gilani. The Democrat met...

BangladeshArmy taste 1st win

2008-07-31 00:00:00

Bangladesh Army tasted their 1st win in the Citycell Federation Cup Football Tournament beating Bangladesh Customs Krira Parishad by 2-0 goals in a Group C match at the Banani Army Stadium in the city Wednesday, reports UNB.Ahsanur Rahman scored both...

President, secretary of JAAFSC selected

FE Report | 2008-07-31 00:00:00

Nepal and Bangladesh have been selected president and secretary general of the newly formed JICA Alumni Associations' Forum of SAARC Countries (JAAFSC).Chandi Prasad Shrestha, president of JICA Alumni Association of Nepal and Md. Ejar Uddin, general secretary of JICA Alumni...

Oil prices fall below $122

2008-07-31 00:00:00

LONDON (AFP) - Oil prices fell slightly on Wednesday after a brief rally to stand below 122 US dollars a barrel as the market awaited weekly data on the health of energy inventories in the United States.Ahead of the data,...

BKMEA opens office in Ctg on Aug 2

2008-07-31 00:00:00

An office of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) will be opened in Chittagong on August 2, reports BSS.Commerce Adviser Hossain Zillur Rahman will inaugurate the office as the chief guest at the Chamber House in Agrabad Commercial...

Primary dealer banks, NBFI facing liquidity shortfall

FE Report | 2008-07-31 00:00:00

Primary dealer (PD) banks and a non-banking financial institution (NBFI) are facing liquidity problem as amended guidelines have squeezed support from the central bank.Under the amended guidelines, the PDs will be given liquidity support facility against devolved treasury bills and...

Road map to good governance - the Nine "I" model

Prof. Syed Ahsanul Alam | 2008-07-31 00:00:00

Economic development can not flourish in the absence of good governance. The precondition for good governance is effective democratic institutions. What is important for good governance is democratising the society? Without people's participation in governance, there can be no sustainable...

ICB declares record dividends on all funds

FE Report | 2008-07-31 00:00:00

The Investment Corporation of Bangladesh (ICB) has declared dividends on its eight mutual funds as well as the Unit Fund.The rates of dividends are 265 per cent for the First Mutual Fund, 75 per cent for Second, 65 per cent...

President for strengthening relations with Maldives

2008-07-31 00:00:00

President Iajuddin Ahmed Wednesday said Bangladesh attaches great importance to her relations with the Maldives as the two brotherly countries have been working together at various platforms, including SAARC, reports UNB.The President made the remark when the first ever Maldives...

Trading powers reel from collapse of crucial talks

2008-07-31 00:00:00

GENEVA, July 30 (Agencies): The collapse of marathon negotiations for a global trade pact left world powers reeling today after ministers quit emotional talks without a deal over deadlock between India and the United States."It's extremely difficult to find words...

Security tightened at Beijing's Tiananmen Square

2008-07-31 00:00:00

BEIJING, July 30(AFP): China has stepped up security at one of Beijing's most sensitive locations, Tiananmen Square, just days ahead of the Olympics, state media reported today.

Haphazard car parking creates huge traffic snarl

Jasim Uddin Haroon | 2008-07-31 00:00:00

Hundreds of cars remain illegally parked at the country's business hub of Motijheel, Dilkhusha and Paltan in violation of rules.The Dhaka City Corporation (DCC) suspended leasing out spaces for parking in front of the commercial buildings along the road two...

Next polls will elevate democracy: CA

2008-07-31 00:00:00

SIRAJGANJ, July 30 (bdnews24.com): The forthcoming Jatiya Sangsad election will elevate the quality of democracy and state governance in Bangladesh, chief adviser Fakhruddin Ahmed said here Wednesday."We hope that we'll be able to realise the goal we had envisaged at...

UK minister due in city today

2008-07-31 00:00:00

British Secretary of State for Communities and Local Government Hazel Blears MP arrives in city today (Thursday) on a two-day visit, her first to Bangladesh in official capacity, reports UNB.During her visit, Blears seeks to gain a deeper understanding of...

Japan likely to endure 'modest' economic slowdown: IMF

2008-07-31 00:00:00

WASHINGTON, July 30 (AFP): Japan's economy looks set to endure a "modest" slowdown as economic problems hamper the United States and as global stock markets continue to be plagued by turmoil, an IMF report warned yesterday.In an annual review of...

Chef-de-Mission gives guideline to Bangladesh contingents

2008-07-31 00:00:00

Chef-de-Mission Maj Gen Shakil Ahmed Wednesday gave a guideline of behaviour and manners to the Bangladesh contingents who are preparing to go to the Beijing 2008 Olympic Games (August 8-24), reports UNB.During the briefing at the Bangladesh Olympic Association (BOA)...

BPC seeks Tk 100b govt fund to offset its operational losses

S M Jahangir | 2008-07-31 00:00:00

The Bangladesh Petroleum Corporation (BPC) has turned to the government for funds amounting to Tk 100 billion for the current fiscal year to offset its probable operational losses on account of selling fuel oils at a price lower than the...

Listing of Second ICB NRB Mutual Fund

2008-07-31 00:00:00

I refer to the report of published in the FE on July 28, 2008, on the listing price of the above-mentioned scrip. The listing of security reveals the opening price and many sales and many buys. It is a generally...

Kuwait to deport 500 Bangladeshi workers

2008-07-31 00:00:00

Kuwait will deport some 500 Bangladeshis who were involved in damaging vehicles and attacking the police in the gulf kingdom, an official said Wednesday, reports bdnews24.com.As many as 300 out of the 800 Bangladeshis, arrested on charge of creating "trouble"...

'Brand Witz-2008' begins today

DU Correspondent | 2008-07-31 00:00:00

Inter-business school marketing competition titled 'Brand Witz-2008' begins at the Institute of Business Administration (IBA) of Dhaka University (DU) today (Thursday).IBA Communication Club (IBACC) is organising the event to create an opportunity for the business students to relate the theoretical...

ICCB highlights urgent need to improve power situation

FE Report | 2008-07-31 00:00:00

Staggering shortfall and frequently interrupted supply of power is considered to be the main bottleneck for Bangladesh to achieve its desired level of development to become a middle-income country by 2015, said International Chamber of Commerce-Bangladesh (ICCB), the world business...

Couple among 4 killed in Jessore road accident

2008-07-31 00:00:00

JESSORE, July 30 (UNB): Four people, including a couple, were killed and eight others injured in a collision between a bus and a three-wheeler (Nasimon) at Gopalpur crossing in Sadar Upazila Wednesday.The deceased, passengers of the Nasimon, were identified as...

Bangladesh's landmass is increasing, not losing!

2008-07-31 00:00:00

New data shows that Bangladesh's landmass is increasing, contradicting forecasts that the South Asian nation will be under the waves by the end of the century, experts say, reports AFP.Scientists from the Dhaka-based Center for Environment and Geographic Information Services...

Development of agriculture

2008-07-31 00:00:00

IN major agricultural countries of the world, the government operates policies flexibly or delicately to retain high incentives for farm production. Governments in the USA and European Union (EU) countries buy up wheat from farmers at subsidised prices to prevent...

Planning power production

2008-07-31 00:00:00

Not a moment should be lost in formulating plans on emergency basis and then integrating those with a foolproof long-term plan to cater fully and effectively to the energy security of the country. The country's growing energy insecurity is manifest...