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Realising the people's right to information

2007-06-23 00:00:00

RIGHT to information is a basic prerequisite for any democratic society. This article of democratic faith is recognised universally. Notwithstanding the recognition, when it comes to the question of compliance, few democracies care to produce a clean record on the...

Attending to the self-driven sectors of the economy

2007-06-23 00:00:00

Syed Fattahul AlimECONOMIC growth of any society depends classically on the manufacturing sector. Bangladesh-though a nation born in the last quarter of the twentieth century-has not been able to get rid of the blemish of underdevelopment. There are reasons aplenty...

Warning to biofuel producers

2007-06-23 00:00:00

Fiona Harvey and Ed CrooksTURNING grains and sugar cane into fuel is not the answer to cutting greenhouse gas emissions from transport, one of the most influential economic experts on climate change has said.Sir Nicholas Stern, author of a landmark...

Globalisation fears often overblown

2007-06-23 00:00:00

Adam Jones writes from ParisTHE Paris-based think-tank for 30 wealthy nations insisted that globalisation was "compatible with high employment rates, provided the right domestic policies are in place". Countries should pursue policies to manage the insecurities of life in the...

Water-logging in Shantinagar

2007-06-23 00:00:00

I live in the capital's Shantinagar area. This area experiences water logging even after a little rainfall. Every year, the authorities concerned carry some development works of the drainage system. They dig the roads and the lanes in and around...

Improving drainage conditions

2007-06-23 00:00:00

There is every reason for this government which has been showing real activism in many vital spheres, to take immediate actions to the best of its ability to overcome years of shocking neglect and irresponsibility in improving drainage conditions so...

Apparel sector faces tough time

2007-06-22 00:00:00

Jasim Uddin Haroon The country's apparel sector faces a slump in export as it sees overseas buy orders falling due to freak weather that dampens demand in the US and European markets.The buy-orders dropped by around 30 per cent over...

Aman sentenced to 13 yrs, wife 3 yrs in jail for corruption

2007-06-22 00:00:00

Former State Minister and BNP leader Amanullah Aman was Thursday sentenced to thirteen years in jail while his wife Sabera was jailed for three years by a special court in a graft case, one of scores being faced by bigwigs...

Only Tk 5.4m undisclosed money legalised so far

2007-06-22 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) received statements about undisclosed money worth Tk 5.4 million from 13 individuals until Thursday.The board received the statements from the individuals in response to the government's recent offer on legalisation of untaxed...

Imports in over 11 months go up by 14.88 per cent

2007-06-22 00:00:00

FHM Humayan Kabir The country's overall imports have risen by 14.88 per cent over the first eleven and a half months of the current fiscal against those of the corresponding period of the last fiscal.However, in the last month, the...

Finance adviser, political leaders wide apart over impact of duty structure

2007-06-22 00:00:00

FE Report Finance and planning adviser Mirza Azizul Islam has differed with the opinions by former ministers and lawmakers that the proposed duty structure for the new fiscal will destroy the local industry and turn the country into a market...

PC to take final decision on Rupali sale deal soon

2007-06-22 00:00:00

FE ReportThe Privatisation Commission (PC) is likely to take the final decision soon about the sale deal on largely state-owned Rupali Bank (RB) with Saudi prince Bandar Bin Mohammad Bin Abdulrahman Al Saud, the highest bidder.PC sources said representative of...

Expats remit $5.71b so far this fiscal

2007-06-22 00:00:00

FE ReportBangladesh's expatriates have remitted US$5.713 billion to the country during the first eleven and a half months of the current fiscal, which is $911.16 million higher than the same period of last fiscal.Bangladesh Bank (BB) officials said that the...

Democratic means did not work in party: Amu

2007-06-22 00:00:00

Awami League presidium member Amir Hossain Amu said Thursday that democracy had not worked in the AL and stressed reforms to the party to function democratically, reports bdnews24.comAmu's remarks came when he and some senior members met "informally" and talked...

No test for admission into HSC classes

2007-06-22 00:00:00

The government has announced the guidelines for admission into the 11th class for the academic year 2007-08, reports UNBAccording to the guidelines, no selection or admission test will be held for admission. Admission of students will be made on the...

Bangladesh and India are likely to take up the longstanding bilateral issues

2007-06-22 00:00:00

Bangladesh and India are likely to take up the longstanding bilateral issues like trade imbalance, border demarcation, water sharing and security concerns for a negotiated solution when the foreign secretaries (FSs) of the two countries open talks in Dhaka on...

Saiful Amin Khan new envoy to Spain

2007-06-22 00:00:00

The government has decided to appoint Mohammad Saiful Amin Khan, currently serving as the Principal in Foreign Service Academy, the country's Ambassador to the Kingdom of Spain. — UNB

Cravioto new executive director of ICDDR,B

2007-06-22 00:00:00

Alejandro Cravioto has been appointed Executive Director of ICDDR,B with effect from Sunday last. He is replacing David A Sack, who has been the Executive Director of ICDDR,B since 1999. Cravioto is a native of Mexico and has a distinguished...

Tk 600m UAE aid for injured camel jockeys

2007-06-22 00:00:00

The government of the United Arab Emirates (UAE) will provide Tk 600 million (60 crore) as financial assistance to the children of four countries, who were injured in accidents while being used as camel jockeys in that country. The countries...

WB to provide $23m loan to support village communities, urban poor

2007-06-22 00:00:00

FE ReportThe World Bank (WB) will provide funding worth US$ 23 million (2.3 crore) to the government to support both village communities as well as the underserved segment of the urban poor in Dhaka city.Two separate agreements were signed in...

Jute spinners' plea to review some duty hikes in budget

2007-06-22 00:00:00

FE ReportThe Bangladesh Jute Spinners Association (BJSA) has appealed to the National Board of Revenue (NBR) for reviewing some of the duty enhancements that have been proposed in the national budget for the fiscal year (FY) 2007-08.Among the proposals, the...

No golden handshake for corrupt Biman staffers

2007-06-22 00:00:00

Biman employees with links to any corruption will be kept out of the golden handshake opportunity, a senior official concerned said Thursday, reports bdnews24.com.Responding to a government proposal, as many as 2,162 employees of Biman Bangladesh Airlines have signed up...

DSE indices keep gaining despite fall in turnover over profit taking

2007-06-22 00:00:00

FE ReportThe indices on the Dhaka Stock Exchange (DSE) maintained its upward trend Thursday, the last trading day of the week, though the turnover declined due to profit taking by the investors. Market operators said the prices of shares of...

Call rate eases, dollar stable

2007-06-22 00:00:00

FE ReportThe inter-bank call money rate eased slightly Thursday despite withdrawal of large amount of cash through reverse repurchase agreement (repo). The demand for cash was higher, fund managers said. The rate moved between 6.50 per cent and 10.00 per...

Trade-off on Doha begins to take shape

2007-06-22 00:00:00

Alan Beattie, FT Syndication ServiceLONDON: Great powers have gathered in Potsdam, Germany. The British are changing prime ministers. The French are annoyed at being excluded. The Poles are worried about being sold out. A great deal rests on the Americans.But...

Slump in monsoon rain may improve flood situation

2007-06-22 00:00:00

A slump in the monsoon rains over the north and north-eastern parts of the country as well as in Indian states of Assam-Meghalaya and Tripura is likely to help the prevailing flash flood situation in the north-east improve further, Flood...

Teletalk consumers to know about time of load-shedding

2007-06-22 00:00:00

FE ReportThe Teletalk consumers will be able to know the time and duration of load-shedding of all areas in the capital from today (Friday) by sending a short message service (SMS) to 3372 from their cell phones.The Dhaka Electric Supply...

G4 talks fail; India says 'NO' to opening farm mkts

2007-06-22 00:00:00

NEW DELHI, June 21(ZEE news): Dealing another blow to WTO`s Doha Round, crucial talks between four major players at Potsdam in Germany failed today as India refused to yield any ground on giving market for farm products to rich countries....

Developments in the region and abroad

2007-06-22 00:00:00

US loses 14 more troops in IraqBAGHDAD, Jun 21 (AP): The U.S. military announced the deaths of 14 American troops, including five killed Thursday in a single roadside bombing that also killed four Iraqis in Baghdad.The deadliest attack was a...

President visits landslide affected areas in Chittagong

2007-06-22 00:00:00

President Iajuddin Ahmed Thursday visited the landslide-ravaged Lebu Bagan area in Chittagong on a relief mission, reports UNB.The President talked to the affected people and asked the authorities concerned to provide them “all kinds of assistance”.Later, he went to an...