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Illegal items arriving through Teknaf

Our Correspondent | 2008-07-29 00:00:00

CHITTAGONG, July 28: Under the shade of the imported goods under Bangladesh-Myanmar boarder trade agreement, consignments of contraband items are arriving in Bangladesh.The very incident of seizing of a truck loaded with three sacks of contraband vitamin capsules under cover...

Philippines expects $570m needed for rice subsidies

2008-07-29 00:00:00

MANILA, July 28 (AFP): The Philippines could spend as much as about 570 million dollars this year to keep subsidising low-cost rice for the poor, the agriculture minister said today.The government spent 10 billion pesos in the first half of...

Sonargaon Textiles AGM approves 10pc cash dividend

2008-07-29 00:00:00

The 22nd annual general meeting (AGM) of the Sonargaon Textiles Limited has approved 10 per cent cash dividend for the year that ended on December 31, 2007.The AGM of the company was held at Barisal recently, said a press release.Executive...

Scores of new industrial units await gas connection in Ctg

Jasim Uddin Haroon, | 2008-07-28 00:00:00

back from ChittagongNew industries having invested nearly Tk 35 billion in capital machinery and infrastructures have remained idle since November last due to unavailability of gas.Once pressed into operation these industrial units would have the potential to employ around 45000...

Jamuna Bank managers vow to boost income

2008-07-28 00:00:00

Managers of Jamuna Bank Limited have vowed to play an effective role in augmenting the income of the bank having reviewed the profitability of the preceding year.They made the pledges while speaking at the Half Yearly Branch Managers Conference-2008 of...

Bangladesh Ansar beat Jhenidah DSA

2008-07-28 00:00:00

Bangladesh Ansar started their Spectra Group National Women's Kabaddi campaign with a festive mood as they outclassed Jhenidah DSA by 47-3 goals with eight creditable lonas in the opening match at the Kabaddi Stadium Sunday morning, reports UNB.In another match,...

Cute beat Prisons Directorate

2008-07-28 00:00:00

Cute beat Prisons Directorate by 49-11 goals in the day's lone match of the Design Zone 2nd Office Handball League on the Outer Stadium Handball ground Sunday, reports UNB.Faruk scored 10 goals and Saidur netted nine goals for the winners,...

corporatewatch

2008-07-28 00:00:00

Stylecraft recommends 30pc cash dividendThe board of directors of Stylecraft Limited has recommended 30 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at BIAM Auditorium, 63 New Eskaton, in...

17-member contingent to represent Bangladesh

2008-07-28 00:00:00

A 17-member contingent will represent Bangladesh in the Beijing 2008 Olympic Games to be held August 8-24, reports UNB.Of the 28 disciplines, Bangladesh will compete in three disciplines --athletics, swimming and shooting.Some 10,500 athletes from all over the world are...

Price stabilisation

2008-07-28 00:00:00

THE interim government is seen to be doing otherwise well in different spheres. But in the area of price stabilisation and normalisation, its successes are hardly seen.The supply of essential commodities still largely remains under the grip of a few...

Beijing, HK to sign new economic accord

2008-07-28 00:00:00

HONG KONG, July 27 (Xinhua): The fifth phase of the Chinese mainland and Hong Kong closer economic partnership arrangement (CEPA) will be signed on July 29, Hong Kong special administrative region (HKSAR) Chief Executive Donald Tsang said Friday.Speaking to reporters...

Mirza Aziz sees SOEs a massive burden on nat'l exchequer

2008-07-28 00:00:00

State-owned enterprises (SOEs) have been a massive burden on the national exchequer because of their explicit or implicit subsidies, said Finance Adviser Mirza Azizul Islam at a programme in the city Sunday.The government has recently restructured many of the entities...

Addressing the widening trade gap

2008-07-28 00:00:00

Bangladesh being a net importer, its balance of payments (BoP) position is always highly susceptible to the fluctuation in the prices of goods and services it has to buy from abroad. Naturally, the last fiscal year has been one of...

NHA plans to construct 30,000 flats in six years

FE Report | 2008-07-28 00:00:00

The government has decided to allot over 5,000 residential flats every year to the people of all walks of life across the country to resolve the chronic accommodation problem, officials said.Over the next six years the state-owned National Housing Authority...

Inflation, thriftiness and economy

Shamsul Huq Zahid | 2008-07-28 00:00:00

With the holy month of Ramadan approaching, the people are expecting yet another round of hike in the prices of most essential commodities in the market. Such a hike though is a matter of tradition rather than a rule would...

Henderson the hero as Middlesex seal T20 triumph

2008-07-28 00:00:00

SOUTHAMPTON (England), July 27 (AFP): South Africa's Tyron Henderson held his nerve as Middlesex beat Kent by three runs in the final of English county cricket's Twenty20 Cup at the Rose Bowl here Saturday to set themselves up for a...

CSR as a branding strategy

Farooq Sobhan | 2008-07-28 00:00:00

IT is a truism that in today's world, everything can be copied. And that includes everything from the latest hi-tech gadgets to the newest fashion items. Technological advancement has brought about a convergence in product quality and features that makes...

Govt borrows Tk 9.00b thru' treasury bills

FE Report | 2008-07-28 00:00:00

The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 91-day, 182-day and 364-day bills on...

news digest

2008-07-28 00:00:00

Three troops, 12 rebels killedin Pakistan fightingQUETTA, (Pakistan), July 27: Three Pakistani soldiers and at least 12 suspected insurgents were killed in fighting after the militants ambushed a convoy in the country's restive southwest, an official said today. The clash...

Abritti announces poetry recitals in support of war crime trials

2008-07-28 00:00:00

Cultural organisation Abritti Shomonnoy Parishad (ASP) have announced a programme of poetry recitals across the country starting August 1 to press home its demand for trial of war crimes, reports bdnews24.com.At a press briefing Sunday, ASP President Asaduzzaman Noor said:...

Outlawed party leader dies in shootout with police

2008-07-28 00:00:00

NAOGAON, July 27 (bdnews24.com): A top leader of an outlawed party died early Sunday in an exchange of gunfire with the police in the district, a police official said.The deceased was identified as Dr Mizanur Rahman, alias Dadabhai, the organising...

BKSP edge Police in opener

2008-07-28 00:00:00

BKSP edged past Bangladesh Police by a solitary goal in their opening group A match in the qualifying round of the Citycell Federation Cup Football on Sunday at the Army Stadium at Banani, reports UNB.Manik scored the match winner for...

US Senate approves sweeping housing bill

2008-07-28 00:00:00

WASHINGTON, July 27 (AFP): The US Senate today approved an elaborate housing rescue plan designed to help thousands of homeowners avert foreclosure and bolster mortgage finance giants that have struggled amid a volatile housing market.But it came as the government...

Emergency rules can be further relaxed: CA

2008-07-28 00:00:00

Chief Adviser Fakhruddin Ahmed said Sunday the government, if necessary, will consider further relaxation of emergency power rules for carrying out campaign in the upcoming local-body elections, reports UNB.The Chief Adviser (CA) made the remark during a courtesy call by...

CPN-M may form next Nepali gov't

2008-07-28 00:00:00

KATHMANDU, July 27 (XINHUA): The Communist Party of Nepal ( Maoist) (CPN-M) has claimed that there was still a strong possibility of it leading the next government, local newspaper The Rising Nepal reported Sunday.Earlier, with its presidential candidate Ram Raja...

Oxygen cylinder eyed as cause for Qantas jet hole

2008-07-28 00:00:00

MANILA, (Philippines), July 27 (agencies): Australian investigators were focusing on the possibility that an oxygen cylinder could have exploded mid-flight on the Qantas jumbo jet that made an emergency landing in the Philippines with a giant hole in its fuselage,...

Safina beats Jankovic to reach final

2008-07-28 00:00:00

CARSON (California), July 27 (AP): Dinara Safina stopped Jelena Jankovic's quest to take the world's No.1 ranking and swept into the final of the East West Bank Classic with a straight-sets victory Saturday.The Russian won 7-6 (3), 6-1 to set...

Global agricultural prices: Is food the next strategic asset?

Sabah Saleheen Azim | 2008-07-28 00:00:00

FROM tortilla riots in Mexico, the pasta strikes in Italy and tomato boycotts in Argentina to government restrictions on food exports in Russia, the food crisis is firmly in the spotlight this year. Over the last 12 months the average...

Two killed, three hurt in Sylhet road mishap

2008-07-28 00:00:00

SYLHET, July 27 (UNB): Two people were killed and three others injured as a bus rammed into an auto-rickshaw at Otir Bari in South Surma Upazila on the Sylhet-Dhaka highway Saturday.The dead were identified as Amir Ali (30) and Moyna...

Corruption should have no threshold of acceptance and tolerance

2008-07-28 00:00:00

Air Commodore Muhammad Zakiul IslamTHE Chief of the Anti-Corruption Commission (ACC) has recently observed that while corruption (especially graft) cannot be eliminated altogether, it should be brought to a tolerable (?) level. His remarks have been widely reported in all...