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Mirza Aziz sees declining corruption trend

2008-06-20 00:00:00

Finance Adviser Dr Mirza Azizul Islam said Thursday the intensity of corruption in Bangladesh, mainly high-profile ones, has declined to some extent, reports UNB."It doesn't seem to me that the Advisers of the caretaker government are involved in corruption or...

Prime Bank holds foundation training course

FE Report | 2008-06-20 00:00:00

Prime Bank Training and Development Centre concluded a five-week long foundation training course for the management trainees of the bank at its HR Training and Development Centre in the city recently.Prime Bank Additional Managing Director Nasiruddin Ahmed was present as...

Ex-BNP MP Hafiz Ibrahim jailed for 13 years

2008-06-20 00:00:00

A special court sentenced former BNP MP Hafiz Ibrahim to 13 years in prison Thursday for amassing illegal wealth and concealing information on property, reports bdnews24.com.Judge Shamsunnahar Begum of the Special Court-4, set on the Jatiyo Songsod complex, also jailed...

Hasina seeks exemption from court appearance in extortion case

2008-06-20 00:00:00

Lawyers for former prime minister Sheikh Hasina urged a Dhaka court Thursday to exempt their client from appearing in person in court for hearing in an extortion case filed by businessman Azam J Chowdhury, reports bdnews24.com.Advocate Sahara Khatun, on behalf...

Annual musical festival of DU TSC-Alliance Fran

FE Report | 2008-06-20 00:00:00

A two-week annual musical festival F

India to get $9.2b ADB fund during 2008-10

2008-06-20 00:00:00

NEW DELHI, June 19 (PTI): India will receive USD 9.2 billion Asian Development Bank (ADB) loan during 2008-10 for 31 projects in sectors like energy, transport and financial services, Finance Minister P Chidambaram said yesterday."Disbursement of ADB loans for different...

Indian airlines lobby premier on soaring cost of jet fuel

Amy Yee | 2008-06-20 00:00:00

FT Syndicatin ServiceNEW DELHI: Leading Indian airline executives met India's prime minister late last week to discuss how to mitigate soaring fuel prices, which could cost the industry as much as $2.0bn this year."This is a crisis situation that we...

Govt finalises EPR amendment for local polls: Zillur

2008-06-20 00:00:00

Govt finalises EPR amendment for local polls: ZillurThe government has finalised its amendment of Emergency Powers Rules (EPR) to allow campaigning ahead of the local elections, Adviser Hossain Zillur Rahman said Thursday, reports bdnews24.com.He told the reporters, "Campaigning will be...

Dollar dips as rate hike speculation ebbs

2008-06-20 00:00:00

TOKYO, June 19 (AFP): The dollar drifted lower in Asian trade today, pressured by a rise in oil prices and fading expectations of US interest rate rises this year, dealers said.The dollar slipped to 107.64 yen in Tokyo afternoon trade...

Myanmar monks urge EU to bring junta to war crimes court

2008-06-20 00:00:00

BANGKOK, Jun 19 (AFP): Activist monks called Thursday on the European Union (EU) to bring Myanmar's junta leader Than Shwe before an international criminal court to face charges of crimes against humanity.The call was made in a statement on the...

Workshop held at NSU

2008-06-20 00:00:00

A workshop on "How to Access and the USE of Online Resources of NSU Library" organised by North South University (NSU) library for the faculty members of NSU was held on the NSU campus Thursday, said a press release.SAM Khairul...

AG Automobiles given 'Golden Shovel' award by Ford

FE Report | 2008-06-20 00:00:00

Ford Motor Company, USA, has given 'Golden Shovel' award to AG Automobiles Ltd for the steps AG has taken to reposition Ford brand in Bangladesh.A high level marketing and management team of Ford visited Bangladesh to formally hand over the...

Call rate eases further, dollar unchanged

FE Report | 2008-06-20 00:00:00

The inter-bank call money rate eased further Thursday due to injection of fresh cash into the market. The US dollar, however, remained unchanged against Bangladesh taka (BDT) in the inter-bank foreign exchange market with moderate demand for the greenback, fund...

Bangladesh reach semis as group champions

2008-06-20 00:00:00

A brilliant hattrick by Rajon enabled Bangladesh to reach semi-finals of the 3rd Men's AHF Cup Hockey as group champions crushing Uzbekistan by 8-3 goals at the Delta Sports Complex in Singapore today (Thursday), reports UNB.With the ever-biggest victory over...

Bureaucracy needs complete reform

Syed Fattahul Alim | 2008-06-20 00:00:00

A number of discourses on reform has gained currency in the administration in recent times. The political parties are at the moment under close scrutiny. The electoral system is another candidate. In fact, the whole political and administrative system of...

Making TCB a public limited co is again on the cards

Naim-Ul-Karim | 2008-06-20 00:00:00

The government's plan to make the Trading Corporation of Bangladesh (TCB) a public limited company is now again on the cards to reinvigorate the activities of the state-owned agency, said a senior official Thursday.He said the plan came at a...

Food inflation threatens refugee crisis

Frances Williams | 2008-06-20 00:00:00

FT Syndication ServiceGENEVA: Soaring food prices and the effects of global warming threaten to drive ever more people from their homes, the head of the United Nations refugee agency warned the other day.The UNHCR said the number of refugees worldwide...

Announcement of election schedule today

2008-06-20 00:00:00

Amid a state of emergency continuing in the country, the Election Commission (EC) will announce schedules for holding overdue elections to some city corporations and municipalities today (Friday), reports UNB.The reconstituted EC headed by ATM Shamsul Huda for the first...

Two pirates held in Borguna

2008-06-20 00:00:00

BORGUNA, June 19(UNB): Coastguard members arrested two pirates from Munshiganj area of Patharghata Upazila Wednesday.

Squally weather may continue over coastal regions

2008-06-20 00:00:00

Squally weather may continue over the North Bay and coastal regions of the country in the next 24-hours until 12pm today (Friday) due to moderate to strong monsoon and steep pressure gradient over bay, reports UNB.Weather may gradually improve afterwards,...

Bangladesh will award offshore blocks to prospective bidders

M Azizur Rahman | 2008-06-20 00:00:00

Bangladesh will award its offshore oil and gas blocks to the prospective bidders despite objections raised by neighbouring India and Myanmar, officials said."We will award our offshore gas blocks to the international oil companies (IOCs) that will come out successful...

Migration costs can be reduced thru' controlling intermediaries

FE Report | 2008-06-20 00:00:00

Speakers at a consultation meet underscored the need for reducing international migration costs by controlling the activities of intermediaries and sub-agents. They also emphasised imparting skills to the migrants.The observations were made at a national workshop on 'Challenges and Opportunities...

Australian assistance for Bangladeshi women's training

2008-06-20 00:00:00

Australia has recently given about Tk 0.65 million to "Access Toward Livelihood and Welfare Organisation (ALWO)" for its existing project on "Dress making and hand embroidery training to destitute women".With the additional fund for the second phase of this project,...

Akmal left out of Asia Cup probables

2008-06-20 00:00:00

The axe has finally fallen on Kamran Akmal as Pakistan have left out the under fire wicketkeeper from the list of 20 probables announced for the Asia Cup, which begins on June 24. All the other members of the squad...

Dhaka stocks fall due to lack of buying support

FE Report | 2008-06-20 00:00:00

Dhaka stocks fell Thursday across the board due to lack of buying support from the institutional investors amid a lower turnover.The Dhaka Stock Exchange (DSE), however, was in the positive territory for the first hour of trading. Later, it began...

Lower rates should benefit internet users

2008-06-20 00:00:00

The government deserves appreciation for the decision to reduce the bandwidth charge of submarine cable network. Bangladesh Telecommunication Regulatory Commission (BTRC) recently decided to lower the charge to minimise the cost of Internet use. So it is expected that internet...

Football money-laundering fears

Michael Peel | 2008-06-20 00:00:00

Claims that football clubs and other sports team are being used as a conduit for money-laundering are to be investigated by the global watchdog on criminal fund flows.The inter-governmental Financial Action Task Force (FATF) has agreed to investigate whether sporting...

BPC invites photos for competition and exhibition

2008-06-20 00:00:00

Bangladesh Parjatan Corporation (BPC) has invited pictures for its first ever photo competition and exhibition scheduled to be held from July 4-5 at Shilpakala Academy, reports UNB.The corporation, which is likely to be turned into National Tourism Authority soon, will...

Court defers hearing in MiG-29 case against Hasina to June 26

2008-06-20 00:00:00

A Dhaka Court Thursday deferred charge framing proceedings against former Prime Minister Sheikh Hasina in the MiG-29 case to June 26, reports bdnews24.com.Judge Golam Mortuza Mojumder, presiding over a special court set up on the Jatiyo Songsod Bhobon premises, postponed...

Sino-US SED concludes with pact on energy, environmental protection

2008-06-20 00:00:00

ANNAPOLIS, Maryland, June 19 (Xinhua): China and the United States reached important agreement on energy and environmental protection as they wrapped up fourth round of strategic economic dialogue (SED), here yesterday.Both visiting Chinese Vice Premier Wang Qishan and US Secretary...