COMILLA, Aug 25 (UNB): Academic activities of the newly established Comilla Education Board Model School and College (EBMSC) began Saturday.The institution was established at Shaktola-Ram Mala near the district town under the initiative of the Board.Education Board chairman Mohammad Atiqur...
DENVER, Aug 25 (Reuters): Democrats on Monday worked to unite the party for its convention to nominate presidential candidate Barack Obama as Republicans stirred up a rift with disaffected supporters of his former rival Hillary Clinton.Obama faces a challenge this...
A writ petition filed Monday urged the High Court to repeal the Truth and Accountability Commission (TAC) Ordinance, which it claimed was unconstitutional, reports bdnews24.com.Supreme Court lawyer Adilur Rahman Khan, Ubinig executive director Farida Aktar, Awami League's women affairs secretary...
FE Report | 2008-08-26 00:00:00
A new state-owned gas distribution company - Sundarban Gas Company Ltd (SGCL) - kicks off operation today (Tuesday) to facilitate natural gas supply to the consumers of southwestern region of the country, officials said.Chief Adviser's special assistant professor M Tamim...
FE Report | 2008-08-26 00:00:00
The inter-bank call money rate remained steady Monday despite injection of fresh cash into the market. The US dollar retained its stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market with steady demand for the greenback, fund...
FE Report | 2008-08-26 00:00:00
Noboru Ueda, Chairman and President of Nippon Kaiji Kyokai, one of the leading global ship classification societies, said Bangladesh's shipbuilding industry has the potential to reach international standard through providing proper assistance to the sector.Mr. Noboru made this observation while...
FE Report | 2008-08-26 00:00:00
The extraordinary general meeting (EGM) of the Bangladesh Institute of Public Finance and Accountancy (BIPFA) was held at a city hotel recently.The new board of governors and office bearers of the Institute were elected for the year 2008-09 in the...
Our Correspondent | 2008-08-26 00:00:00
JESSORE, Aug 25: Farming palm trees that produce edible oil in the south-western region of the country has been gaining popularity.Local farmers are now expecting to earn money by producing and selling palm oil, agriculturists said.According to the Agriculture Extension...
FE Report | 2008-08-26 00:00:00
The central bank sanctioned overdraft (OD) facilities for $7.0 million Monday to a state-owned commercial bank (SCB) for settlement of fuel oil import bills, officials said.The amount is in addition to the OD facility offered by the Bangladesh Bank (BB)...
SHANGHAI, Aug 25: (Internet): China is considering a 54-billion-dollar stimulus plan involving tax cuts and government spending, state media said Monday, in another sign that boosting the economy is becoming a priority.The 370-billion-yuan proposal, which has yet to be finalised,...
FE Report | 2008-08-26 00:00:00
The Securities and Exchange Commission (SEC) has slapped fine of Tk 1.2 million on 12 directors of One Bank Limited for failing to submit annual account reports within stipulated time-frame.The fined money will have to be deposited to the securities...
THE export oriented frozen food sector, which include mainly the export of shrimp, has been emerging as the second most important item in the export trade of the country after readymade garments. Considering its potential as an export item of...
Siddique Islam | 2008-08-26 00:00:00
The Energy Ministry has sought US$300 million fresh credit from the central bank through the three state-owned commercial banks to finance import of petroleum products by the Bangladesh Petroleum Corporation (BPC)."We have requested the Bangladesh Bank (BB) to provide the...
PARIS, Aug 25 (AFP): European stock markets fell Monday in muted trading despite speculation over possible takeovers in the German banking and French energy sectors, with London closed for a public holiday.Frankfurt's DAX 30 was down 0.27 per cent to...
BRISBANE, Aug 25 (AFP): Stand-in Australian captain Michael Clarke has played down the furore over former England opener Marcus Trescothick's revelation that he illegally used a breath mint to help his bowlers gain extra swing during the 2005 Ashes series.Clarke,...
MYMENSINGH, Aug 25 (BSS): Election Commission (EC) has finalised the voters list of the district recently.Official sources said a total of 29,15,009 voters have registered their names in the voters list with photographs.This year there were 4 lakh 6 thousand...
JHALAKATI, Aug 25 (UNB): Farmers of the district may lose 50 per cent production of betel-leaf and incur a loss of Tk 100 million due to fungal infection this season.After cyclone Sidr hit the district on November 15, 2007, the...
BNP secretary general Khondoker Delwar Hossain said Monday that the four-party alliance was not being allowed to hold political programmes while there was no problem for the Awami League (AL) to hold similar ones."They (AL leaders) are talking freely and...
Ahmed Tareq Rashid | 2008-08-26 00:00:00
THERE has been a lot of debate about different forms of decentralization and their implications for developing countries. Particularly in unitary states, decentralization is considered as a key element of governance. The organs of unitary states are governed constitutionally as...
Awami League (AL) central leaders Monday said it would not be possible for the political parties to get registered within the Election Commission (EC) given timeframe that set an October 15 deadline, reports UNB."We will have to arrange party council...
HONG KONG, Aug 25 (AFP): Asian shares closed mostly up Monday, led by a 3.5-per cent jump in the Hong Kong stock market, as a rally on Wall Street at the end of last week lifted spirits.Reports that China is...
RAMALLAH, Aug 25 (AFP): Israel freed 198 Palestinian prisoners Monday in a gesture to president Mahmud Abbas as US Secretary of State Condoleezza Rice was due in the region to spur US-backed peace talks.Many of the detainees fell to their...
Jahangir Bin Alam | 2008-08-26 00:00:00
THE World Trade Organization (WTO) came into being in Marakkesh on January 1, 1995 following the successful completion of eight years of prolonged negotiations from 1986 to 1994 as a sequel to the Uruguay Round (UR) of negotiations. The organization's...
DU Correspondent | 2008-08-26 00:00:00
President Iajuddin Ahmed Monday urged the world community to take urgent measures to address the challenges of global warming to make the planet a better place for living."Bangladesh may lose one-third of its landmass and the entire South Asian coastal...
MOSCOW, Aug 25 (AFP): Russian lawmakers voted Monday to recognise the independence of two breakaway Georgian regions as the European Union signalled its mounting opposition to Russia's actions by calling a special summit on the conflict.With Russian troops still inside...
FE Report | 2008-08-26 00:00:00
M/s. Dae Myung Shoes and Accessories Limited, a Korean company, will set up a shoe and shoe accessories manufacturing industry in the Karnaphuli Export Processing Zone.This foreign owned company will invest about Tk 520 million (52 crore) in setting up...
NEW YORK, Aug. 25 (Xinhua): The extinguishing of the Olympic flame may have drawn the curtains on the 2008 Summer Olympics in Beijing, but the heat it generated is yet to die down.In New York, a cosmopolitan city that accommodates...
Narinda Progoti Boys Club thrashed Menzis KC by 41-18 goals in a match of the 14th Cute Premier Division Handball League at the Outer Stadium Handball ground in the city Monday, reports UNB.Narinda Progoti Boys Club dominated the first half...
HANOI, Aug. 25 (Xinhua): Vietnam, currently having 18 cars per 1,000 people, is estimated to have 38 by 2020 and over 50 by 2025, local newspaper Transport today quoted the Heavy Industry Department under the country's Ministry of Industry and...
FE Report | 2008-08-26 00:00:00
The National Board of Revenue (NBR) is set to fix 35 per cent and 40 per cent depreciation rates on import of 5-year and 6-year-old reconditioned vehicles.The NBR has sent a proposal to the finance adviser on Monday for his...
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