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Govt to borrow Tk 72.53b thru' T-bills auction today

2007-07-01 00:00:00

FE Report The auction of treasury bills (T-bills) will be held today (Sunday) in the Bangladesh Bank (BB) to borrow net Tk 72.53 billion from banking system by the government during fiscal 2007-08. The central bank has already issued the...

Banks facilitate govt transactions on holiday

2007-07-01 00:00:00

FE Report All commercial banks remained open Saturday, the last working day of the current fiscal, to facilitate government transactions, including revenue collection.Clearing house and related departments of the Bangladesh Bank (BB) also functioned to facilitate the banking activities across...

40 fishermen missing as trawlers capsize in Bay

2007-07-01 00:00:00

BAGERHAT, June 30 (UNB): Some 40 fishermen went missing as 14 trawlers capsized in the Bay since Friday noon until early Saturday amid inclement weather.Sources said the 14 trawlers with 155 fishermen were overturned during the period by squalls triggered...

Govt to explore developed markets for manpower export

2007-07-01 00:00:00

Naim-Ul-KarimThe government will soon invite the authority concerned of Australia to visit Bangladesh to explore the possibility of manpower recruitment, sources said.Besides, the government is also planning to invite authorities concerned of some European, North American and Scandinavian countries, which...

developments in the region and abroad

2007-07-01 00:00:00

Date of N Korean reactor closure depends on six-party talks A UN nuclear inspector says the date when North Korea shuts down it nuclear reactor depends on discussions between Pyongyang and five other countries that signed a disarmament agreement, reports...

Kidnapped DANIDA man traced, rescue anytime

2007-07-01 00:00:00

BANDARBAN, June 30 (UNB): DANIDA project officer Hossain Shahid Sumon kidnapped by tribal miscreants six days ago has been located and his rescue is now a matter of time, claimed law enforcing agencies Saturday."The miscreants are now in Jinnahpara, Hindumukh...

Int'l tender for 3 large IPP plants in July

2007-07-01 00:00:00

The caretaker government is likely to invite international tenders in July for setting up three large independent power producer (IPP) plants, each with 450 megawatt (MW) capacity, reports UNB. The proposed plants, with about 1,350 MW total capacity, are 450...

Continue drive against corruption ‘without creating panic’

2007-07-01 00:00:00

FE ReportSpeakers at a roundtable discussion Saturday urged the government to continue the drive against corruption without creating panic among the businessmen for maintaining the sustainable economic growth.The participants said even small traders should not be panicky due to ongoing...

Warid goes to 7 more dists today

2007-07-01 00:00:00

Seven more districts are going to come under the mobile phone network of Warid Telecom, raising the number of districts Warid brought under its coverage to 42 from 35, reports UNB. The new districts to be brought under the network...

Government contemplating to allow indoor politics in limited scale: Law Advisor

2007-07-01 00:00:00

The costs of urbanization

2007-07-01 00:00:00

Two reports released late last week highlighted the problem of fast urbanization in Bangladesh, one of the world's most densely populated countries. While releasing the State of the World Population 2007, the representative of the United Nations Population Fund in...

Increased use of biogas in rural areas seen as vital

2007-07-01 00:00:00

Shahiduzzaman Khan writesBiogas, an alternative to conventional fuel oil or wood, is being increasingly used in Bangladesh. It is being used for cooking and other household purposes in mostly rural areas of the country. The consumers are now using it...

Europe's drift to mercantilism

2007-07-01 00:00:00

Wolfgang Munchau"Competition as an ideology, as a dogma, what has it done for Europe? Fewer and fewer people who vote in European elections and fewer and fewer people who believe in Europe."Nicolas Sarkozy at the recent EU summitAs European Union...

Effluent treatment plants at the fastest

2007-07-01 00:00:00

M M AhmedTHE rivers that flow through and past Dhaka city are in extremely burdened conditions from the carefree discharge of all forms of untreated effluents in them. Recent newspaper photos highlighted prominently the very degraded water quality of these...

Independent Election Commission

2007-06-30 00:00:00

A fair election commission(EC) is the prerequisite for a free and fair election. These incidents point to the fact that since 1991, results of all the national elections were rejected by the losing party alleging that those were rigged. The...

PSC can do it

2007-06-30 00:00:00

Qazi AzadIT was interesting to hear newly appointed Public Service Commission (PSC) Chairman Dr. Sadat Hossain answering some difficult questions in an interview programme of a local TV channel last Monday. He could not come up with satisfactory answers to...

Protectionist law hinders M&A growth

2007-06-30 00:00:00

Sundeep TuckerPROTECTIONIST legislation and management culture are the most serious obstacles to continuing growth in mergers and acquisitions (M&A) activity in the Asia-Pacific region, according to a survey published recently.More than 80 per cent of senior executives of major companies...

Monarchs in a republic

2007-06-30 00:00:00

Shamsuddin AhmedEVENTS of the past should be recalled by any serious nation in order to avoid repeating mistakes. Let us recall some such events here. An official move was made during the tenure of the first BNP government after 1990...

Congratulation to FE and suggestions

2007-06-30 00:00:00

It is delightful to see the new website of the Financial Express. The design and information now being provided in the site are noteworthy and appreciable. Particularly, the initiative to let the visitors of the FE on the web to...

Price rise

2007-06-30 00:00:00

EVEN coarse rice is now selling unthinkably at Taka 22-24 per kg. The prices of such varieties of rice were between Taka 16-18 last year. Thus, the hardships of poor people know no bounds.It is well known that the price...

The negatives of early marriage

2007-06-30 00:00:00

The trend of early marriage , specially of females, is still found to be strong among the rural people in Bangladesh in a situation where the population of the country remain preponderantly rural. The greater number in the population consider...

Vested interests mar sound competition policy

2007-06-30 00:00:00

Pradeep S Mehta and V. V. Singh GOOD intentions of the government in pushing reforms anywhere are often thwarted by vested interests. Thus any policy to be adopted for accelerating growth must concomitantly identify the opposition, their concerns and solutions.The...

Operational dimension of private equity investment

2007-06-30 00:00:00

Shireen Scheik MainuddinEQUITY capital that is made available to companies or investors, but not quoted on a stock market is termed private equity. More accurately, private equity refers to the manner in which the funds have been raised, namely on...

US backs clean energy in Asia

2007-06-30 00:00:00

Emad Mekay from WashingtonThe United States and the Asian Development Bank (ADB) are joining forces to coax Asian nations to switch to cleaner forms of energy, in hopes of averting a predicted spike in carbon emissions by the world's fastest-growing...

The silence about and the lessons from Palashi

2007-06-30 00:00:00

Talwa J Ahmad from the UKTHE 250th anniversary of the Battle of Palashi which saw the fall of the last Independent Nawab of Bengal, Siraj Ud Daula and the beginning of British occupation of India passed off on June 23...

Coping with the huge challenge of job creation

2007-06-30 00:00:00

Enayet RasulEmployment creation needs to be a very important objective in every economy for the simple reasons that unemployed persons pose a burden at every level in society. First of all, they are burdens on their families. Unemployed ones eligible...

What is special about German museums

2007-06-30 00:00:00

Michael Hierholzer Mr. Hollein, does the museum at the beginning of the 21st century have duties that go beyond the three traditional areas of activity - collecting, conserving, educating?Those continue to be the fundamental duties of the museum. However, education...

Sex workers deserve a better deal in society

2007-06-30 00:00:00

Ashrafi Ferdousy BithiFuneral is an occasion when friends and foes get together. But it did not happen so when Sonia died because she was a sex worker. Even her fellowmen in Faridpur had to wait for three days to secure...

Lost in the discourse of grand idea

2007-06-30 00:00:00

Syed Fattahul AlimThe ideologies of democracy, socialism, communism, or even the ideology of the welfare society aim to serve society, or in other words, all the people taken together. The various institutions humans have created to look after the welfare...

No bad women, just bad laws

2007-06-30 00:00:00

Barbara LewisThe discovery of five murdered female sex workers in Ipswitch, eastern England, triggered not only a massive police investigation, but also renewed debate on the nation's attitude towards women who earn their living by selling sex and the need...