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Traffic sense

2008-07-22 00:00:00

IT is one thing if the persons behaving oddly (even criminally depending how you look at it) on the streets with respect to traffic rules is a peasant just arrived from the village. But, if those people are city dwellers...

Mainuddin new BAT Bangladesh chairman

2008-07-22 00:00:00

Mr Golam Mainuddin has been appointed the chairman of British American Tobacco Bangladesh Company Limited (BATB Bangladesh) effective from August 3, 2008, said a press release.After a successful career spanning 26 years in BAT Bangladesh, Mr Mainuddin will retire from...

PDB wants Tk 424m more to pay rental power plant bills

S M Jahangir | 2008-07-22 00:00:00

The government is to require almost doubling the allocation of subsidy for the Power Development Board (PDB) to facilitate the latter's payment of electricity bills owed to private rental power units, sources said.The state-run power entity PDB has sought Tk...

BRAC Bank, Bank Asia sign money transfer deal

FE Report | 2008-07-22 00:00:00

BRAC Bank Limited and Bank Asia Limited will use El Dorado remittance and payment system for inter-bank money transfer between them.An agreement in this connection was signed between the banks in the city recently.BRAC Bank Managing Director-cum-CEO AEA Muhaimen and...

Islami Bank launches seven saving products for clients

FE Report | 2008-07-22 00:00:00

Islami Bank Bangladesh Limited (IBBL) has launched seven attractive saving products to create inspiration among clients of the bank.The products are Mudaraba Hajj Savings Account, Mudaraba Saving Bond, Mudaraba Special Savings (Pension) Account, Mudaraba Monthly Profit Deposit Account, Mudaraba Muhor...

Bangladesh needs to put its idea in developing ISO-26000: Speakers

2008-07-22 00:00:00

The country needs to put its own ideas in developing the new international standard for corporate social responsibility (CSR), known as ISO-26000, which would be implemented from 2010 across the globe.Speakers made the observation at a consultation meeting jointly organised...

Chelsea deny record Kaka bid but want Robinho

2008-07-22 00:00:00

GUANGZHOU, China, July 21 (AFP): Chelsea Monday denied tabling a sensational world-record offer for AC Milan's Kaka as the transfer rumour mill went into overdrive at the start of their Asian tour.Chief executive Peter Kenyon dismissed reports of a 150...

NBR to bring changes in order on ECR in shops

Doulot Akter Mala | 2008-07-22 00:00:00

Automated business establishments will not be required to instal electronic cash registers (ECRs) if they incorporate some specific soft wares into their systems to protect the actual sales data.The National Board of Revenue (NBR) is expected to issue a statutory...

Singapore may abandon plan to import sand from Bangladesh

Naim-Ul-Karim | 2008-07-22 00:00:00

Singapore is considering abandoning its plan to import sand from the country, as the Bangladesh government has not yet responded to its proposition for importing the construction material, said an official Monday.Moreover, the official said, the Singapore government has asked...

Prof M Mufakharul Islam joins National University as VC

2008-07-22 00:00:00

Dr M Mufakharul Islam, a retired professor of history of Dhaka University joined the National University as its Vice-chancellor Thursday.Born in Jamalpur, Professor Islam did his masters from Dhaka University in 1963 and Ph.D. from the School of Oriental and...

Time not yet ripe for lifting emergency fully, says CA

2008-07-22 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Monday said the time is not yet ripe for fully lifting the state of emergency, as some reasons still stand that "justify its enforcement," reports UNB from Sylhet."We want to proceed towards complete withdrawal...

Janata Bank's workshop on money laundering in Jaipurhat

Our Correspondent | 2008-07-22 00:00:00

JAIPURHAT, July 21: A daylong money laundering prevention workshop was held in Sadar Upzilla in Jaypurhat district Saturday. The Janata Bank of Jaipurhat organised the workshop.Mohammad Kamruchsama, Janata Bank Deputy General Manager from the head office inaugurated the workshop.Janata Bank...

Lack of quality candidates in local polls frustrates CEC

2008-07-22 00:00:00

Chief Election Commissioner (CEC) ATM Shamsul Huda Monday voiced deep frustration over the upcoming city corporation and municipality polls, as there is a lack of quality candidates in the election race, reports UNB."Overall, the Election Commission (EC) is a little...

Rice warns Iran of 'punitive measures'

2008-07-22 00:00:00

SHANNON, July 21 (AFP): Iran has two weeks to respond seriously to an international offer to halt its sensitive nuclear work or face further "punitive measures," US Secretary of State Condoleezza Rice warned.A meeting in Geneva Saturday sent a "very...

Spin kings gear for battle in Sri Lanka

2008-07-22 00:00:00

COLOMBO, July 21(AFP): Spin bowlers will be centre of attention during the Test series between India and Sri Lanka starting here Wednesday as three stars with a combined tally of more than 1,600 wickets do battle.Sri Lankan off-spinner Muttiah Muralitharan...

Krishi Bank GMs' review meeting held

FE Report | 2008-07-22 00:00:00

The fourth review meeting of the general managers of Bangladesh Krishi Bank (BKB) for the fiscal 2007-08 was held at its head office in the city recently, said a press release.BKB Board of Directors Chairman Khondkar Ibrahim Khaled inaugurated the...

India allows Bangladeshi barges to sail with fly ash

FE Report | 2008-07-22 00:00:00

The Indian authority last Thursday gave the sailing permission to 50 Bangladeshi barges loaded with fly ash, a raw material for producing cement, that were stranded at Kolkata port since July 1.The barges having capacity between 500 and 1800 tonnes...

Indian forest guards shoot Bangladeshi farmer

2008-07-22 00:00:00

MYMENSINGH, July 21 (UNB): A Bangladeshi farmer was shot and injured grievously by Indian forest guards on Para Gobrakura frontier in Haluaghat Upazila Monday morning. Haluaghat thana police said Indian forest guards opened fire on a group of farmers when...

Thrust on bilateral cooperation to grow businesses

FE Report | 2008-07-22 00:00:00

Malaysia is all set to develop the untapped Bangladeshi Halal market after the Malaysian Ministry of Entrepreneur and Cooperative Development (MeCD) announced the participation of at least 30 Malaysian Halal manufacturers in the upcoming four-day long Halal Malaysia Week (HMW)...

China on brink of becoming dominant sporting power

2008-07-22 00:00:00

BEIJING, July 21(AFP): China is on the brink of becoming the most dominant sporting power in the world, with expectations running high that they will bounce the United States from the top of the Olympic medal table.At Athens four years...

Boom time for the global bourgeoisie

Jim O'Neill | 2008-07-22 00:00:00

FT Syndication ServiceIN the midst of the current widespread gloom and doom in the west, it is important not to lose sight of the true structural themes shaping our era.Linked to the current mood, commentators often depict an embattled and...

Noise pollution

2008-07-22 00:00:00

THE terrible din that goes on during the construction of buildings is quite unimaginable. And it is intolerable, but then tolerate we must because the people whose buildings are being built and those who are building them -- the contractors...

BP blocks massive dividends to Russian partners

2008-07-22 00:00:00

LONDON, July 21 (AFP): British oil giant BP has blocked a mammoth dividend payment due to Russian shareholders of a strife-torn joint venture, an English newspaper reported yesterday.The move is seen as leverage amid a bitter row over investment plans...

Bigwigs make beeline for bail

2008-07-22 00:00:00

A host of petitions from high-profile politicians and businessmen facing corruption charges was placed before the High Court (HC) Monday either for bail or quashing the graft cases filed against them by the Anti-corruption Commission (ACC), reports UNB.Court sources said...

Obama visits Iraq, focus on war strategy

2008-07-22 00:00:00

BAGHDAD, July 21 (Reuters): US Democratic presidential candidate Barack Obama flew to Iraq Monday to get a first-hand look at security conditions in the country, where violence is at its lowest since early 2004.His visit thrusts US strategy in Iraq...

India, Pakistan begin new round of peace talks

2008-07-22 00:00:00

NEW DELHI, July 21 (AFP): India and Pakistan on Monday started fresh peace talks despite a bomb attack on India's embassy in Kabul which New Delhi blamed on Pakistan's spy service.Security, release of prisoners and trade will figure in the...

OMS operation in targeted areas from late August

2008-07-22 00:00:00

The government is going to introduce Open Market Sales (OMS) from the third week of August, to offer rice at more affordable prices for the month of Ramadan, reports bdnews24.comFood and disaster management secretary Mollah Wahiduzzaman announced that OMS measures...

US AL demands permanent release of Hasina

2008-07-22 00:00:00

NEW YORK, July 21 (BSS): The USA unit of Bangladesh Awami League (AL) has demanded permanent release of its president and former premier Sheikh Hasina.This demand was voiced at a protest meeting of the unit held here Sunday with organisation...

EU offers to cut farm tariffs by 60pc

2008-07-22 00:00:00

GENEVA, July 21 (AP): The European Union said Monday it would slash farm tariffs by 60 per cent as part of a new global trade pact, a deeper cut than it has ever offered.EU Trade Commissioner Peter Mandelson told reporters...

Russia bullish on Beijing medals outlook

2008-07-22 00:00:00

MOSCOW, July 21(AFP): Confidence is running high among Russia's Olympic athletes that they can win more medals this summer in Beijing than they did four years ago in Athens, the country's top Olympic official has said."It would be very hard...