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'End discriminatory reconditioned car import policy'

2007-06-03 00:00:00

Local car dealers, politicians and members of the civil society want an end to the discriminatory policy in importing the reconditioned cars to ensure adequate transportation for the masses, reports bdnews24.com. Speakers pressed the demand at a roundtable titled "Reconditioned...

Jalil, Babar, Hashem may be produced in court today

2007-06-03 00:00:00

Awami League General Secretary Abdul Jalil and former state minister for home of the immediate-past BNP-led government Lutfozzaman Babar and business- tycoon-turned ex-MP MA Hashem of BNP may be produced in the CMM court today (Sunday) as a four-day remand...

Body of woman recovered in city

2007-06-03 00:00:00

Mirpur police Saturday recovered the body of an unidentified woman from an under-construction building in Harirampur Ananda Nagar area of the city.               — bdnews24.com

ACC is not a joke now: Patel WB stands ready to help recover stolen assets

2007-06-03 00:00:00

The World Bank (WB) has underscored the need for credible prosecutions of the several big fishes to enhance the acceptability of the Anti-Corruption Commission (ACC) to public."Focusing on credible prosecutions of several big fishes, rather than casting the net too...

Taskforce to go for legal action against political heavyweights: Masud

2007-06-03 00:00:00

FE ReportThe National Task Force (NTF) on Serious Crime will move for legal action against key political party leaders after completing thorough investigation including their bank accounts."We will scrutinise sources of the funds, income tax return statements and other documents...

Jalil, Babar, Hashem may be produced in court today

2007-06-03 00:00:00

Awami League General Secretary Abdul Jalil and former state minister for home of the immediate-past BNP-led government Lutfozzaman Babar and business- tycoon-turned ex-MP MA Hashem of BNP may be produced in the CMM court today (Sunday) as a four-day remand...

Body of woman recovered in city

2007-06-03 00:00:00

Mirpur police Saturday recovered the body of an unidentified woman from an under-construction building in Harirampur Ananda Nagar area of the city.    — bdnews24.com

Turnaround time of vessels at Ctg Port reduced remarkably

2007-06-03 00:00:00

Jasim Uddin Haroon The turnaround time of vessels at Chittagong port made an impressive reduction averaging 3.6 days in May. It was 4.84 days in April, 8.74 days in March, 8.69 in February, and 11.65 days in January this year.The...

Higher revenue goals must not ignore supply-side constraints: BB governor

2007-05-24 00:00:00

FE Report The Bangladesh Bank (BB) Governor Salehuddin Ahmed Wednesday laid emphasis on proper coordination between monetary, fiscal and trade policies to help curb rising inflationary pressure on the economy. Ahmed also felt the need for following multiple heterodox measures,...

Army chief for thorough overhauling of age-old administrative system Rules out any plan to join politics

2007-05-24 00:00:00

FE ReportChief of Army Staff Moeen U Ahmed Wednesday said the age-old administrative system, devoid of IT facilities, now needs thorough overhauling to ensure the economic well-being of the people.He made the observation in a meeting with a group of...

Will restructuring do any good to Biman?

2007-05-24 00:00:00

Shahiduzzaman KhanThe government has decided to turn the Biman Bangladesh Airlines into a public limited company to 'help ensure its viable commercial operation'. The decision will, however, allow the state-owned losing entity to halve its 6000-strong manpower by the end...

Fall in container freight charges drives down external trade cost

2007-05-24 00:00:00

Jasim Uddin Haroon The cost of external trade has fallen sharply due to decrease in the container freight costs charged by the feeder vessels plying to and from Chittagong port.Feeder vessels connect Chittagong port with Singapore, Colombo and two ports...

Plan to generate 6,000MW more electricity in 5 yrs

2007-05-24 00:00:00

M Azizur RahmanThe caretaker government, encouraged by the development partners' funding commitment and private sector's investment potentials, is considering a plan to generate around 6,000 megawatt (MW) of additional electricity by next five years (2007-2012) Sources said, a total of...

Planning Commission sits tomorrow to finalise ADP

2007-05-24 00:00:00

E ReportThe Planning Commission (PC) will sit tomorrow (Friday) to finalise the Annual Development Programme (ADP) for the next fiscal year of 2007-08.The vice-chairman of the PC, Finance and Planning Adviser Mirza Azizul Islam, will preside over the meeting.After finalisation...

WB to give $100m credit for secondary education eform

2007-05-24 00:00:00

FE Report The World Bank has agreed to offer US$ 100 million as budgetary support credit to the government next month, enabling the country to pursue its reform agenda in secondary education.The loan, known as the Education Sector Development Support...

WB tries to fill leadership void

2007-05-24 00:00:00

Krishna Guha FT Syndication ServiceWASHINGTON: The six most senior remaining managers of the World Bank last Monday assumed day-to-day control of the bank in a bid to fill the void created by the looming departure of bank president Paul Wolfowitz.Mr...

Spl project taken for reviving Halda fish breeding round

2007-05-24 00:00:00

A special project has been taken for revival of the endangered natural breeding ground of fishes in the Halda river in Chittagong, which was once famous as Asia's largest fish sanctuary, reports UNB.Under the multifaceted plan for rebuilding the sanctuary...

Youth shot dead in city

2007-05-24 00:00:00

A youth was shot dead in the city's Pallabi area Tuesday midnight. The deceased was identified as Shaon (18), son of late Iqbal Hossain of House-11, Line-3 at Pallabi. Family sources said Shaon went out of his house at about...

ETV off approved list because of writ petition: Govt

2007-05-24 00:00:00

The information ministry Wednesday said the private television channel ETV was not put on the list of 12 approved local TV stations as a writ petition was lying pending with the High Court over its broadcast. The ministry released a...

13 firearms, 153 bullets seized from Sundarbans

2007-05-24 00:00:00

BAGERHAT, May 23: Thirteen firearms and 153 bullets were seized and a bandit was arrested in separate raids by police, RAB and coastguards at the Swarankhola range of the Sundarbans Wednesday. Police Super Shahidur Rahman said on secret information a...

ACC to decide Sunday on serving notices to 22 corruption suspects

2007-05-24 00:00:00

Anti-Corruption Commission (ACC) Chairman Lt Gen (retd) Hasan Mashhud Chowdhury said Wednesday the anti-graft body would actually decide in its meeting on May 27 as to when notices would be issued to 22 of the corruption suspects on the second...

Remittance to exceed $6.0b this year

2007-05-24 00:00:00

The UAE Labour Minister Ali bin Abdullah Al Kaabi Wednesday said the memorandum of understanding (MoU) signed with Bangladesh would cast a positive impact on Bangladeshi workforce in the UAE labour market, reports UNB."This is a beginning of a long-lasting...

Crime situation under control in capital: DMP

2007-05-24 00:00:00

Dhaka Metropolitan Police (DMP) Commissioner Naim Ahmed Wednesday said the law and order situation in the capital remains under control, reports UNB."The incidents of crime have declined compared to the past and the law and order situation has been under...

2 countries keen to relocate ship-building industries to Bangladesh

2007-05-24 00:00:00

CHITTAGONG, May 23 (BSS): Two foreign countries recently showed their keen interest in either to relocate their ship-building industries to Bangladesh or place orders to the CDDL for building new vessels for them.This was disclosed by Industries Adviser Geeteara Safiya...

Pilot project on NID card plus voter list starts June 10

2007-05-24 00:00:00

The Election Commission (EC) starts a three-week pilot project June 10 to prepare the model of National Identity (NID) card plus voter list with photograph, on which now hinges the fate of all polls in the country, reports UNB.An amount...

First diesel shipment from Assam due at Baghabari June 15

2007-05-24 00:00:00

FE Report The first shipment of around 800 tonnes of diesel from Assam of India is likely to arrive at Baghabari in Serajganj on June 15, sources said Tuesday. They said a total of six local barges have already sailed...

Economists back balanced macroeconomic policies

2007-05-24 00:00:00

Economists Wednesday backed Bangladesh Bank governor Salehuddin Ahmed who had blamed the lack of coordination between monetary and fiscal policies for soaring inflation. Economists have said a balanced mix of fiscal and monetary policies was necessary for a pragmatic macroeconomic...

India boosts Mumbai WTC security after threat

2007-05-24 00:00:00

MUMBAI (AFP): Indian police stepped up security at the World Trade Centre in India's financial capital Mumbai after it was threatened with imminent terrorist attack, officials said.A letter arrived at the complex on Tuesday threatening the building would be destroyed...

DSE stocks gain after two days of slide

2007-05-24 00:00:00

FE ReportShare prices on the Dhaka Stock Exchange (DSE) Wednesday rallied after two days of downward trend. As a result, both turnover and market capitalisation increased substantially compared with those of the previous day.Market operators said investors are coming forward...

Probe body finds UCC teacher's involvement in fake admission

2007-05-24 00:00:00

DU CorrespondentThe probe body has found direct involvement of a teacher of a university admission-coaching centre in the fake admission process at Dhaka University."We have identified Kiran, a teacher of University Coaching Centre (UCC), directly involved with the syndicate of...