The High Court (HC) has cancelled the Contempt of Court Ordinance 2008, declaring it illegal and unconstitutional.A HC Bench of Justice ABM Khairul Haq and Justice Md Abu Tariq gave the ruling Thursday on a writ petition filed by Supreme...
FE Report | 2008-07-25 00:00:00
The securities regulator Thursday asked the merchant banks and brokerage houses to play their due role to make the market stable."The merchant banks and brokerage houses should advise the investors on the fundamentals of the stocks so that the market...
Abul Quasem Haider | 2008-07-25 00:00:00
Three sectors namely electricity, fuel and mineral resources have emerged as the most important ones in Bangladesh. To develop the industrial sector, the use of gas is essential. Similarly, coal, electricity and other fuels are no less important for industrial...
Visiting Bangladesh A team clinched their first victory in the England tour as they notched a thrilling one wicket win over Derbyshire on the 3rd day of the 4th three-day match at the County Ground Derbyshire Wednesday, reports UNB.Chasing a...
Foreign direct investments (FDIs) are important in the context of Bangladesh because investments hold the keys to economic growth which is the way to alleviate poverty, create jobs and earnings and produce further wealth for economic expansion. But FDIs into...
FE Report | 2008-07-25 00:00:00
The government has decided to go tough against unscrupulous traders to foil any effort to manipulate prices of essentials during the month of Ramadan, a senior official said Thursday.He said the law-enforcing agencies will start monitoring the market from the...
TOKYO, July 24 (AFP): Japan's trade surplus in June plunged 88.9 per cent from a year earlier as demand slowed overseas for Japanese goods due to a cooling US economy and a stronger yen, the finance ministry said today.Trade surplus...
Anwarul Kabir | 2008-07-25 00:00:00
(The key points of this article were presented in the national roundtable on ICT roadmap on the 21st June, 2008 at AIUB, supported by Bangladesh Computer Council (BCC), Gov3 Ltd., Spinnovation, D.Net and Bangladesh Telecentre Network (BTN).A Chinese proverb goes,...
Doulot Akter Mala | 2008-07-25 00:00:00
The government might consider the certification of pre-shipment inspection (PSI) as a quality testing report instead of an approval of Bangladesh Testing Institution (BSTI) to expedite release of products from Chittagong port.The PSI companies are entitled to issue clean report...
SINGAPORE, Jul 24 (AFP): US Secretary of State Condoleezza Rice Thursday called for a peaceful resolution to a dangerous border dispute between Thailand and Cambodia as Asia's main security talks were held here.Foreign ministers from the region and key world...
FE Report | 2008-07-25 00:00:00
India's transportation and logistics major Blue Dart Express announced a new India-Bangladesh trade lane.Blue Dart managing director Anil Khanna announced it at a press conference in Kolkata Wednesday, an India newspaper reported.Referring to Bangladesh, the company also announced the setting...
The Anti-corruption Commission (ACC) has unearthed gross corruption and irregularities in two road projects implemented by the Roads and Highways Department (RHD).A special ACC team constituted to look into corruption in the RHD has so far found out about Tk...
Speakers at a discussion asked the government Thursday to raise the number and salary of community school teachers, reports bdnews24.com.Former caretaker government adviser Sultana Kamal, speaking at the meeting organised by the Community Primary Teachers Association, said the salaries of...
Prosecutors at The Hague war crimes tribunal say they expect the extradition of the former Bosnian Serb leader Radovan Karadzic to be delayed, BBC reports.Mr Karadzic's lawyer has made it clear he will appeal against the extradition at the very...
Oracle and i-flex solutions have announced that Oracle has been recognized as a Global Power Seller in Forrester Research's June 2008 independent report, "Global Banking Platform Deals 2007: Vendors."Forrester Research defines Global Power Sellers as "leaders with more than 35...
GENEVA, July 24 (Reuters): Talks to salvage a global trade deal faced a crunch point Thursday after three days of scant progress, and French President Nicolas Sarkozy said he would not sign a deal in its current form.Rich and poor...
Grameenphone Ltd and the Centre for Bangladesh Liberation War Studies signed a memorandum of understanding (MoU) in the city recently.Under the MoU, Grameenphone will sponsor the publication and distribution of six comic books on the Liberation War.Director (Corporate Affairs) of...
FE Report | 2008-07-25 00:00:00
Bangladesh Road Transport Corporation (BRTC) has restarted its special bus service for female commuters on different city routes.BRTC chairman Shafiz Uddin Ahmed inaugurated the 'Special Mohila Bus Service Thursday, said a BRTC press release.As per the schedule, BTRC will operate...
NEW DELHI, July 24 (PTI): India has been ranked poorly, even below African countries like Kenya and Moracco, in the first-ever index of financial inclusion prepared by city -based think-tank I.C.R.I.E.R. to find out the extent of reach of banking...
BERLIN, Jul 24 (AP): Democratic presidential hopeful Barack Obama landed in Berlin Thursday, kicking off the European leg of his overseas trip amid high expectations.The German capital is the first stop on a whirlwind tour that will take the presumptive...
The first power plant of Energy Prima Ltd, Kumargaon 50 MW Rental Power Plant of Sylhet, has started commercial production and is supplying power to the national grid.Kumargaon plant supplied 1,45,00,000 KWH power to the national grid from July 9...
NAOGAON, July 24 (BSS): A regional leader of an outlawed party was killed in a gunfight with police at Baragachha under Raninagar Upazila of Naogaon district early Thursday.He was identified as Mohammad Abdul Hakim alias Kalu, regional commander of Purba...
BAGHDAD, Jul 24 (Internet): A member of a US-allied Sunni group in Iraq says three of its guards have been killed and another wounded in drive-by shootings in northern Baghdad.The official says gunmen in a speeding car opened fire on...
Air pollution in Dhaka city still afflicts on an average 150,000 people every year. The figures point to an acute necessity of tougher enforcement of rules and regulations against air pollution to provide relief to the citizens.The argument that the...
NEW DELHI, Jul 24 (AFP): India said Thursday it was sending out envoys to lobby for the final international clearances needed to finalise a controversial nuclear energy deal with the United States.The diplomatic offensive comes after the ruling coalition survived...
Detained former Prime Minister Khaleda Zia was not in court as scheduled for the second day in a row, failing to appear for a hearing of the Gatco graft case Thursday which was held despite a High Court (HC) stay...
FE Report | 2008-07-25 00:00:00
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has introduced a 'service book' among its member units to document detail information of the apparel workers for ensuring their legal rights.Labour and Employment adviser Md. Anwarul Iqbal inaugurated the service book introduction...
NEW DELHI, July 24 (AFP): Resurgent Australia hope to defend their gold medal against a strong field in Beijing as men's hockey celebrates 100 years at the Olympics without former masters India.The Kookaburras, who won their first Olympic gold at...
Jasim Uddin Haroon | 2008-07-25 00:00:00
Battery-powered, rechargeable three-wheelers are getting popular in cities mainly because of the rise in prices of fuel including natural gas, a source with Bangladesh Diesel Plant (BDP) at Joydevpur told the FE.The BDP, an army-owned company, launched the three-wheeler looking...
GENEVA, July 24 (AFP): Brazil said yesterday it hoped to gain better market access for exports of ethanol to the United States and Europe as part of global trade talks here but is facing resistance from Washington."Ethanol should be part...
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