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Ban on indoor politics to go at an 'appropriate' time, CA tells VOA

2007-06-30 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Friday said the ban on indoor politics would be lifted at an appropriate time in near future and parliamentary elections held before the end of next year, reports UNB."Already political parties have come up...

Poor response forces govt to review captive power policy

2007-06-30 00:00:00

M Azizur RahmanThe government, desperately trying to ease power supply shortfall, is reviewing its Captive Power Policy (CPP) against the backdrop of poor response from small power producers in the private sector on the sale of electricity to public distribution...

AL likely to unveil reform plan by July 2

2007-06-30 00:00:00

Awami League (AL) is set to spell out its proposed reforms of the party and some state institutions by July 2 to further democratise the organisation as well as to make the state functionaries more transparent and accountable, reports UNB.As...

BGMEA Bhaban 'legal'

2007-06-30 00:00:00

FE ReportBangladesh Garment Manufacturers and Exporters Association (BGMEA) claimed its 15-storied construction was legal as the Rajdhani Unnayan Katripakkha (RAJUK) has approved the plan and design.In a press statement the BGMEA authorities said it has maintained all the existing rules...

Banks remain open today

2007-06-30 00:00:00

FE Report All commercial banks remained open Friday to facilitate government transactions, including revenue collection at the fag end of the current fiscal year. Clearing houses at different offices and related departments of the Bangladesh Bank (BB) also remained open...

11 Myanmar citizens held in Bandarban

2007-06-30 00:00:00

BANDARBAN, June 29: Army personnel arrested 11 nationals of Myanmar from Sualak Bazar in Sadar Upazila Friday morning. Army sources said an army patrol team arrested them while they were holding a meeting at a passenger shed. They were later...

Salesman gunned down in city

2007-06-30 00:00:00

A young salesman of boutique shop Naborupa was gunned down by assailants in the city's Mohammadpur area Thursday night. The dead was identified as Ismail Chowdhury Faisal (20), son of Mohammad Jilani of Madbarbari in Sheorapara area. — UNB

Domestic investment proposals up, FDI down

2007-06-30 00:00:00

FE ReportThe country's textile sector attracted the highest number of domestic investment proposals while the services sector drew more such initiatives under foreign and joint-venture in the outgoing fiscal.According to the Bangladesh Economic Survey 2007 report, among the total investment...

Renata eyes markets of 35 countries

2007-06-30 00:00:00

FE ReportRenata Ltd, a leading pharmaceutical company of the country, is expecting to register its products in 35 countries by the end of next year.The countries that will be given importance are UK, Thailand, Malaysia, Singapore, Myanmar, Hong Kong, Sri...

Bullish trend continues

2007-06-30 00:00:00

FE ReportThe stock market remained bullish in the week ended Thursday with price indices rising amid buying by both retail and institutional investors,The week witnessed two new market milestones when the benchmark DSE General Index or DGEN crossed 2100-mark and...

Move to revive talks on contract farming with Myanmar

2007-06-30 00:00:00

Exporters of frozen food, the second biggest foreign currency earner, may get over their raw material supply crunch if the government's recent move to revive talks on contract farming in Myanmar after three years turns out to be successful, reports...

Relatives ransack City Hospital as patient dies

2007-06-30 00:00:00

A group of angry people ransacked a hospital in the city's Mohammadpur area Friday morning following the death of a patient, reports UNB.The deceased was identified as Jahangir Alam (30), son of Abdul Majid of Shah Islambagh area in Lalbagh...

Govt moves to sign agreements with EU countries to boost export, investment

2007-06-30 00:00:00

Naim-Ul-KarimThe government seeking to raise the country's export volume and boost foreign investment has accelerated its initiatives to sign economic and trade cooperation agreement (ETCA) with all European Union countries, sources said."We have been asked to complete paper works and...

developments in the region and abroad

2007-06-30 00:00:00

IMF chief Rato to quit early as reform effort struggles WASHINGTON, Jun 29 (AFP): The head of the International Monetary Fund, Rodrigo Rato, said Thursday he will step down in October for personal reasons, casting a cloud over the major...

Law may be approved today to convert Biman into PLC

2007-06-30 00:00:00

S M JahangirThe revised draft on the Memorandum of Association and Article of Association of Bangladesh Biman is likely to be approved by the caretaker government today (Saturday) in a bid to convert the Corporation into Bangladesh Airlines Limited, a...

Dragnet to rescue Danida official widened

2007-06-30 00:00:00

BANDARBAN, Jun 29 (bdnews24.com): Four days on since his abduction from Khiburipara under Thanchi upazila in Bandarban, Danida official Hossain Shahid Sumon is still to be rescued. Two more army platoons have joined the search and rescue operation. Army men...

Agro-credit disbursement to fall short of target

2007-06-30 00:00:00

FE Report The disbursement of agro-credit is unlikely to achieve its target in the outgoing fiscal due to poor demand for such credit from farmers in the rural areas across the country."We are expecting to achieve nearly 90 per cent...

Scouts can play vital role for peace, friendship in SAARC region

2007-06-30 00:00:00

Law Adviser Mainul Hosein Friday expressed the hope that the members of Bangladesh Scouts would play a vital role in establishing peace and friendship in the South Asian region through the scout movement, reports BSS.Referring to the last 14th Summit...

Sk Selim attends his mother's last rituals

2007-06-30 00:00:00

Awami League (AL) presidium member Sheikh Selim was freed on parole from 10.00 am till 5.00 pm Friday to enable him to attend the last funeral prayers and burial of his mother, reports bdnews24.com. Deputy Inspector General (prisons) Major Shamsul...

BoI drafts proposal to enlist commercially-run foreign firms

2007-06-30 00:00:00

Naim-Ul-KarimThe government is planning to enlist foreign organisations engaged in commercial activities in the country with the Board of Investment (BoI) aiming to have a real picture of inflow of foreign investment, a BoI official said.According to the Companies Act...

ECOSOC chooses Bangladesh as poverty alleviation model for presentation at UN

2007-06-30 00:00:00

The Economic and Social Council of the United Nations has selected Bangladesh and Cambodia, as models of poverty alleviation policies, to present their success stories at its ministerial-level meeting scheduled to be held in Geneva between July 2 and July...

Wife meets Tarique at jail gate

2007-06-30 00:00:00

Zobaida Rahman met her detained husband Tarique Rahman at the Dhaka Central Jail Friday as per routine visit, jail authorities said, reports UNB.Tarique's mother-in-law Begum Iqbal Mand Banu accompanied her daughter. They stayed there for about 25 minutes from 10:30...

JMB militant held in Bagmara

2007-06-30 00:00:00

RAJSHAHI, June 29 (bdnews24.com): The police Thursday night arrested suspected JMB militant Jahangir Alam in Baghmara in Rajshahi. Mirza Golam Sarwar, officer in charge (OC) of Bagmara police station, told the news agency that they arrested him late at night...

Talukder Khaleque, 7 others sent to jail

2007-06-30 00:00:00

KHULNA, June 29 (bdnews24.com): A Khulna court Friday ordered eight men, including Khulna city Awami League (AL) president and former state minister Talukder Abdul Khaleque, to jail. Khulna Sadar police chief Asaduzzaman said in a raid on 95, Gogon Babu...

10 people injured in train-truck collision

2007-06-30 00:00:00

HABIGANJ, June 29 (UNB): Train communications on the Dhaka-Sylhet and Chittagong-Sylhet routes were disrupted for about six hours following a train-truck collision at Teliapara in the district Friday that left about 10 people injured.Railway sources said the Sylhet-bound Surma Mail...

Sectoral studies to assess competitiveness soon

2007-06-30 00:00:00

FE Report In a move to gauge the level of global competitiveness, the government plans to carry out sectoral studies shortly in selective areas that will lead to the formulation of a competition policy.Primarily, separate studies will be conducted in...

Contaminated fishes can be released in rivers for purification instead of killing: Expert

2007-06-30 00:00:00

Fishes that are cultivated in poisonous lagoon water could be released in rivers or sweet water for purification instead of killing those in these days of huge scarcity of fish, said a fisheries expert Friday, reports UNB."Proper management is necessary...

Irregularities in selecting DU scholars alleged

2007-06-30 00:00:00

DU CorrespondentIrregularities have been alleged in the selection process of scholarship candidates at Dhaka University.Sources said the Association of Commonwealth Universities recently invited two candidates from the officials of DU for higher education.As per the procedure, the registrar's office is...

Two awarded life term for murder

2007-06-30 00:00:00

NAOGAON, June 29 (UNB): A court here Thursday convicted two people and awarded them life term imprisonment in a murder case. The court also fined the convicts Shamsul Huq and Sabuj of Mohadevpur Upazila Tk 10,000 each, in default, to...

Six persons killed in separate incidents

2007-06-30 00:00:00

Six persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Brahmanbaria, two women were killed in a road accident on the Dhaka-Sylhet Highway at Bariura in...