Better management to enhance competitiveness

Competitiveness is at the heart of being successful in business these days be it at the local, the regional and the global level. This competitiveness essentially boils down to business organisations employing the modern methods of cost cutting operations and...

Licence fees on captive power plants likely to be slashed

The Bangladesh Energy Regulatory Commission (BERC) is likely to reduce the license fees on the use of captive and stand-by generators having capacity above one megawatt (MW) by industrial units."We are considering reviewing the rate of license fees on use...

Japanese price rises fuel fears on growth

JAPANESE consumer prices surged to another 10-year high in February while unemployment rose, squeezing Japanese disposable incomes and intensifying concerns that economic growth in the country is fading out.Core consumer prices, excluding fresh food, rose a faster-than-expected 1.0 per cent...

Reputed colleges to face difficulty to enroll GPA-5 scorers

Reputed colleges with limited seats will be facing difficulty while selecting eligible candidates from an all-time high number of GPA-5 achievers, reports BSS.As many as 52,500 examinees scored GPA-5, the highest ever number of GPA-5 achievers in the SSC and...

N Korea destroys nuclear reactor tower

SEOUL, June 27 (Agencies): North Korea destroyed the most visible symbol of its nuclear weapons programme Friday, according to a news report, in a sign of its commitment to stop making plutonium for atomic bombs.The reported demolition of the 60-foot-tall...

Field Marshal Manekshaw passes away

NEW DELHI, June 27 (AP): India's most celebrated army chief, Field Marshal Sam Hormusji Framji Jamshedji Manekshaw, has died, the defence ministry said. He was 94.Manekshaw had been in a military hospital in the southern Indian town of Wellington for...

NBR starts tax motivational campaign from July 1

The National Board of Revenue (NBR) will launch a countrywide programme from July 1 to encourage people having taxable income for payment of tax.People having small but taxable earning at Thana level will be brought under the motivational programme to...

Terrorists kill tribal youth in Bandarban

BANDARBAN, Jun 27 (UNB): An indigenous youth was shot dead at Kanaiupara in Sadar Upazila here Thursday midnight.The deceased was identified as Priya Tongchongya.According to local people, a gang of some 16/17 terrorists led by terrorist Rajan Chakma encircled the...

World's rich scale back exposure to property

FT Syndication ServiceLONDON: Rapid growth in emerging markets enabled the world's richest people to shrug off the credit crisis last year and expand their assets by more than 9.0 per cent to $40,700bn, an authoritative study of global wealth has...

Egypt archaeologists find ancient painted coffins

CAIRO, June 27 (AFP): A team of Egyptian archaeologists have discovered several painted wooden coffins, including some dating back to the 13th century BC rule of pharaoh Ramses II. "These coffins were found in the tombs of senior officials of...

Nissan decides to enter Indian market

NEW YORK, June 27: Japanese automakers who had so long resisted the lure of such a massive and expanding market have now shed their shyness and planning big investments in India. Nissan Motors in collaboration with giant French automaker Renault...

Local-body polls to be held as per schedule: Commerce Adviser

KHAGRACHHORI, June 27 (UNB): Education and Commerce Adviser Hossain Zillur Rahman reiterated that the local government elections would be held as per the government formulated election roadmap."There is no doubt in this regard. Local government polls will be held before...

Tk 61,000 realised in fine from Sylhet eateries

SYLHET, June 27 (UNB): A mobile court Wednesday, in an anti-adulteration drive, realised Tk 61,000 in fine from eight restaurants in the city.Led by executive magistrate Altab Hossain, RAB-9 and Bangladesh Standards and Testing Institute (BSTI) officials also took part...

A point to ponder

The profession that is loathed but still exists with the tacit support of the society is prostitution. It is a profession, which involves not only physical labour but also service. Those, who slip into the profession, earn whatever they can....

EC to announce nat'l polls schedule in Oct

KHULNA, June 27 (bdnews24.com): The Election Commission will announce the schedule for the parliamentary elections in October, Chief Election Commissioner (CEC) ATM Shamsul Huda said Friday.'The parliamentary elections must be held in the third week of December, and its schedule...

Liquidity crisis in banking sector

Liquidity in any commercial bank and financial institution reflects its overall financial position. In fact, liquidity condition largely depends on fund management. The management of all financial institutions usually lend out their 'deposit' money as a part of their business...

Prices of lentil rise further in city markets

Prices of lentil, non-brand super palm oil, baby food of a brand, garlic (local) and turmeric marked rise while prices of flour and poultry birds declined slightly in the city's retail markets during the last one week, traders said Friday.Prices...

Tough law to streamline real estate sector in the offing

Realtors have opposed the draft of the Real Estate Management Ordinance-2008 saying that the penal provisions incorporated in the draft will hurt the growth of the sector.The Real Estate and Housing Association of Bangladesh (REHAB) Thursday placed recommendations on the...

Sharapova, Roddick crash at Wimbledon

LONDON, June 27 (AFP): Golden girl Maria Sharapova and Andy Roddick, the all-American poster boy of men's tennis, suffered their worst Wimbledon defeats Thursday.Sharapova endured the darkest moment of her sparkling career when world number 154, and Russian compatriot, Alla...

Zimbabwe votes in Mugabe's one-man election

HARARE, June 27 (AFP): Zimbabwe voted Friday in an election which was virtually certain to end in victory for President Robert Mugabe, but dismissed by the opposition as meaningless after it boycotted the poll. Amid accusations that voters were being...

Sehwag, Raina seal thumping win

A mighty performance from India's batsmen, led by Virender Sehwag and Suresh Raina, made easy work of a competitive target of 300 and gave the team two points to take into the next round. The pair tore into Pakistan's depleted...

PDP's first nat'l representative confce today

The first national representative conference of Progressive Democratic Party (PDP) will be held today (Saturday) at the Institution of Engineers in the city, reports BSS.The conference will be inaugurated at 10:30 am through hoisting national and party flags and releasing...

RFL approves 16pc dividend

Rangpur Foundry Limited (RFL) has approved 16 per cent dividend for its shareholders for the year 2007.The approval came at the 28th annual general meeting (AGM) of the company at the National Shooting Complex at Gulshan in the city Thursday.Chaired...

Outstanding achievement

The Willes Little Flower Higher Secondary School in the city has achieved a landmark feat when, for the first time, 99.23 per cent of the examinees passed their SSC exam this year.The school, established in 1956, is a private educational...

Story of Palassey is not simply black and white

The 251 remembrance day of the Battle of Palassey was observed recently in Bangladesh. Some newspapers brought out special supplements on the occasion of the event in 1757 that marked the beginning of the end of self rule in the...

A deep sea port at Chittagong to boost exports

THE caretaker administration needs to revive its initiative to build a deep sea port off Chittagong to meet the growing export-import trade needs of Bangladesh.A review of growing trade of Bangladesh would make it obvious why Bangladesh felt the need...

India: Dance, dance, dance away the blues

"I have learnt to fly through dance," says Nasima Khatun, as she performs in a production called 'Expressions'. Her co-dancer, Sabita Debriath, invites the audience to respond. "Dance has taught me to dream: We come to you -- to dream."...

Showcasing light industrial products

EVERY modern nation chooses its path to industrialisation, basing on its specific conditions. The recent history of the East and Southeast Asia provides ample proof for this. But such uniqueness apart, what those nations that have undergone the phase of...

Reform of bureaucracy

THE caretaker government is yet to reform the bureaucracy, one of its main tasks, the Asian Development Bank (ADB) country director Hua Du noted at a recent meeting in Dhaka. According to her, the pyramid bureaucratic structure with its archaic...

Crises of water, gas, power cripple Ctg economically, says BGMEA chief

CHITTAGONG, June 27 (UNB): Acting President of Chittagong unit of the Bangladesh Garments Manufactures and Exporters Association (BGMEA) MA Salam Friday said Chittagong, known as country's commercial capital, has become economically crippled due to crisis of water, gas and power.Addressing...