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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...