FE Today Logo

Search results for:


IUT students block traffic on Gazipur road

2007-06-11 00:00:00

GAZIPUR, June 10 (bdnews24.com): Students of the Islamic University of Technology (IUT) blocked traffic on the Dhaka-Mymensingh Highway today (Sunday) for an hour after a police official allegedly beat a fellow student. The incident later sparked altercations between the students...

BNP leader, activist nabbed

2007-06-11 00:00:00

BHOLA, June 10 (UNB): A BNP leader and an activist were arrested from Bhola Municipality Saturday night. On information, a naval contingent arrested Monjurul Alam, commissioner of Ward No-1 of Bhola Municipality, from local bus stand while BNP activist Togu...

Comilla court dismisses cases against former FBCCI president

2007-06-11 00:00:00

FE Report A Comilla court recently discharged the three cases filed against former president of the Federation of Bangladesh Chambers of Commerce and Industry Yusuf Abdullah Harun. Three separate cases were filed against Yusuf Abdullah Harun with Comilla magistrate court....

Govt seeks spl budgetary support from World Bank

2007-06-11 00:00:00

A Z M AnasThe caretaker authority is courting the World Bank for an "interim budget support," mainly to help narrow down the deficit financing in fiscal 2007-08. "The interim administration has asked the bank for providing such help in the...

Pilot project of voter ID card with photos begins

2007-06-11 00:00:00

SRIPUR (Gazipur), June 10 (BSS): A pilot project for preparing the electoral roll with the voters' photographs was launched here today as part of the plan to make the voters' identity card with picture across the country.Chief Election Commission (CEC)...

Monsoon downpour paralyses city life

2007-06-11 00:00:00

FE ReportIncessant downpour paralysed life and business activities in the capital Dhaka Sunday. The heavy rainfall that started Saturday midnight submerged some streets and low-lying areas in the city causing untold sufferings especially to office-goers and students Sunday morning. The...

Budget to be amended 'if it goes against domestic interests'

2007-06-11 00:00:00

Finance Adviser AB Mirza Azizul Islam Sunday said the government will amend the budget if any proposal is found to hurt domestic interests, bdnews24.com. "We are taking opinions and suggestions on the proposed budget. We must amend if anything goes...

Governor pleads for full autonomy of central bank

2007-06-11 00:00:00

Bangladesh Bank (BB) Governor Salehuddin Ahmed stressed the need for full-scale autonomy of his organisation for smooth functioning of the banking sector, overhauling which has been a slow haul, reports UNB.He made the appeal Sunday in the presence of Foreign...

Tarique's wealth statement submitted to ACC

2007-06-11 00:00:00

The jail authority Sunday submitted the wealth statement of Tarique Rahman to the Anti Corruption Commission (ACC), reports bdnews24.com. Tarique's lawyer Ahmed Azam Khan had earlier submitted an eight-page wealth statement of his client to the Dhaka Central Jail authority....

Budget opinions galore on ministry website, but lack depth

2007-06-11 00:00:00

FE Report The Ministry of Finance (MoF) has received more than 100 opinions until Saturday concerning the newly-unveiled national budget, official sources said.'More than 100 opinions were posted on the finance ministry website until Saturday,' said a senior ministry official.This...

Falu, Gani taken on police remand, Kader sent to jail

2007-06-11 00:00:00

Mosaddeq Ali Falu, former MP of BNP, was for the first time Sunday taken to three-day police remand since he was arrested on February 5 during the crackdown on suspected corrupt politicians, report agencies. Falu, a close associate of former...

DCCI finds budget more positive than negative

2007-06-11 00:00:00

FE Report The Dhaka Chamber of Commerce and Industry (DCCI) Sunday in its budget reaction said the proposed budget has more positive elements than the negative. According to the DCCI, the highest allocation of Tk 123.69 billion (12,369 crore) for...

Political parties to blame if polls not held within 2008: Mainul

2007-06-11 00:00:00

Law and Information Advisor Barrister Mainul Hosein firmly believes that within 2008, reform of the political parties would be completed and general election held in a new democratic paradigm, reports UNB."But if the election is not held within 2008, political...

NRBs may invest $2.28b in various sectors

2007-06-11 00:00:00

Doulot Akter MalaThe Board of Investment (BoI) has said the country might attract investment worth nearly US$ 2.28 billion in different sectors from the Non-Resident Bangladeshis (NRBs).The BoI has signed 36 memorandums of understanding (MoUs) with the NRBs of Toronto...

BDR drive against unusual price hike of sugar from today

2007-06-11 00:00:00

Bangladesh Rifles (BDR) will launch a drive in the city today (Monday) against those who would charge higher price of sugar than the usual rate. They have already started warning the shopkeepers through Dhaka City Corporation to take necessary actions...

CA plants saplings at his office and home premises

2007-06-11 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed planted two saplings on his office premises and his Hare Road official residence Sunday under the ongoing National Tree-planting Movement 2007. Accompanied by officials of the CA's office, he planted an Olive sapling on the...

Govt to appoint official passport processing agents

2007-06-11 00:00:00

The government Sunday decided to appoint official passport processing agents and decentralise passport issuing process with a view to easing passport renewal and issuance system. According to an official handout, the decision was taken at an inter-ministerial meeting held at...

Four more zero-coupon bonds to hit market within a year

2007-06-11 00:00:00

FE Report At least four more zero-coupon bonds are likely to hit the country's bond market within one year following necessary measures taken in this connection in the proposed budget for the fiscal 2007-08. 'We are expecting to float at...

Mittal Group's MD in city with $3b investment proposal

2007-06-11 00:00:00

A high-level delegation of the Mittal Group, led by its Managing Director VK Mittal, arrived in the city Sunday with more than US$ 3.0 billion investment proposal, reports UNB"We want to be a development partner in Bangladesh. We find the...

Heavy tax burden to deepen economic sluggishness

2007-06-11 00:00:00

The economy is experiencing a sluggish trend and an investment climate has to be created to overcome it, economist Atiur Rahman said Sunday, reports bdnews24.com. If the government announces without delay the date and schedule of the election, investors will...

Two options to corporatise BPDB suggested

2007-06-11 00:00:00

SM JahangirExperts have prescribed two options for giving the state-run Bangladesh Power Development Board (BPDB) a corporate shape.Under the first option, they have suggested creation of an operating holding company and transfer of BPDP's all people, assets, liabilities and contracts...

BGMEA laments duty on textile machinery, BSIA seeks subsidy

2007-06-11 00:00:00

FE Report Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in its budget reaction has welcomed the proposal of 5.0 per cent cash incentive for the country's composite industries. The BGMEA said the budget has proposed to raise the bond facilities...

Plastic goods exporters seek duty waiver on mould, machinery

2007-06-11 00:00:00

FE Report Leaders of the Bangladesh Plastic Goods Manufactures and Exporters Association (BPGMEA) said Sunday a number of proposals on import of plastic raw materials in the national budget will hamper growth of the local industries.The BPGMEA said this at...

Prompt decision needed to ensure energy security, say experts

2007-06-11 00:00:00

FE ReportSpeakers at a roundtable Sunday stressed the need for taking prompt decision to ensure the energy security of the country.They also laid emphasis on finding a viable way of coal extraction as soon as possible to reduce the dependence...

Friendship group launched in EU parliament

2007-06-11 00:00:00

A twenty-one-strong friendship group has been launched in the European Parliament to focus on Bangladesh in the run up to parliamentary elections scheduled for next year, reports UNB.Nirj Deva, Conservative MEP for the Southeast of England, and Robert Evans, Labour...

REB signs two purchase deals with captive power producers

2007-06-11 00:00:00

FE ReportThe state-owned Rural Electrification Board (REB) Sunday signed two separate agreements with two captive power producers to purchase about seven megawatts (MW) of electricity during peak hours.The deals were first ever on the purchase of the captive power between...

Journalist Zahirul Haque passes away

2007-06-11 00:00:00

Noted journalist and ex-Director General of the External Publicity Wing of Foreign Ministry Zahirul Haque passed away in the city Sunday morning. He was 59, reports UNB.Haque died of cardiac arrest at 11:30 am while he was being taken to...

No clear-cut directive for jute sector uplift, says BJMA

2007-06-11 00:00:00

FE Report The Bangladesh Jute Mills Association (BJMA) Sunday welcomed the proposed national budget for fiscal 2007-08.The BJMA president Kamran T Rahman in a press release hailed the finance adviser for proposing export subsidy worth Tk 11 billion and a...

Efficient SME sector 'to propel faster industrial growth'

2007-06-11 00:00:00

FE Report Formulation of a 'Basic SME Promotion Law' and formation of a policy making council are imperative for speedy industrialisation in the country, speakers said Sunday.They said an efficient SME sector will propel a faster industrial growth in the...

DSE indices mixed

2007-06-11 00:00:00

FE ReportThe indices on the Dhaka Stock Exchange (DSE) Sunday, the first trading session of the week, remained mixed and the turnover declined significantly.Market operators said the prices on the DSE declined mainly due to price fall of the issues...