Govt will take talks to dists, upazilas, 'if necessary'

Local Government and Rural Development (LGRD) Adviser Anwarul Iqbal said Tuesday dialogue would be expanded to district and upazila levels, if necessary, for greater feedback from citizens, reports bdnews24.com."Dialogue with the political parties is not reflecting people's real concerns," the...

14pc growth in expenditure likely in budget

The government is likely to set the Gross Domestic Product (GDP) estimate at Tk 6131 billion for the fiscal 2008-09, up by Tk 828 billion from fiscal 2007-08, Finance ministry sources said.The size of GDP of the outgoing fiscal is...

CDMP gives radio sets for cyclone preparedness

Comprehensive Disaster Management Programme (CDMP), under the Ministry of Food and Disaster Management, donated 500 radio sets and 500 torch-lights for the cyclone preparedness programme (CPP) being executed by Bangladesh Red Crescent Society.CDMP extended the logistic support as a part...

Myanmar charter 'washes away' Suu Kyi victory

YANGON, June 3 (AFP): A referendum approving a new military-backed constitution for Myanmar has 'washed away' the victory claimed by Aung San Suu Kyi's opposition party in 1990 elections, state media said Tuesday.Her National League for Democracy won by a...

Mosharraf joins IFIC Bank as MD

Mosharraf Hossain has joined IFIC Bank Limited as managing director recently.Prior to this post, Mosharraf was the managing director of Standard Bank Limited for three consecutive terms.Because of good performance and competence in his 38 years of banking career, he...

Govt eyes renewable energy sources for power generation

The government has moved to tap the huge potentials of generating electricity from renewable energy sources to mitigate the nagging power crisis across the country, officials said."The country's first-ever renewable energy policy is being prepared to woo investments for electricity...

Safina stuns Sharapova to throw title chase wide open

PARIS, June 3 (AFP): Dinara Safina sent top seed Maria Sharapova crashing out of the French Open on Monday to throw the Roland Garros title chase wide open.Safina battled back from a set and 2-5 down, and also saved a...

No point in further talks on industrial products' access: WTO

GENEVA, June 3 (Agencies): The WTO's chief negotiator on freeing up access for industrial products said yesterday he sees no point in further talks until member states are ready to compromise over tariffs and other key sticking points.The 152 members...

Dhaka stocks inch up as banking sector leads revival

Dhaka stocks inched up Tuesday, led by banking sector shares after a sharp fall on the previous day, with a significant increase in the turnover.Trading on the Dhaka Stock Exchange (DSE), however, went into the red after just 20 minutes...

Bangladesh needs visionary parties for better water management: Dutch envoy

Ambassador of the Netherlands Bea Ten Tusscher Tuesday said Bangladesh needs visionary parties, stronger planning and efficient implementing agencies for better water management and combating climate change, as she said, this deltaic country loses vast landmass each year and faces...

Fear chasing the wage earners

THE news that the Bahrain government has imposed a temporary ban on issuing work permits to Bangladeshis has come as a shocker for us all. But the worries do not end here. At the same time, those expatriate Bangladeshi workers...

ISN approves 15pc stock dividend

Information Services Network Limited (ISN) declared 15 per cent stock dividend for the shareholders at its 13th annual general meeting (AGM) held at the auditorium of LGED, Agargaon, in the city Monday.ISN Chairman Sayeed Hossain Chowdhury presided over the meeting...

10 offshore blocks set to be leased out to IOCs

The government is set to lease around ten offshore gas blocks to the international oil companies (IOCs) for oil and gas explorations in the Bay of Bengal as the evaluation of bid documents is almost complete, officials said."We are going...

Garment worker's death triggers violence at Savar

SAVAR, June 3 (UNB): Thousands of garment workers went on a rampage on the Abdullahpur-EPZ Road following the death of a fellow worker in a road accident Tuesday morning.The frenzied workers vandalised over 50 garment factories and damaged some vehicles.The...

Holcim (Bangladesh) organises field force management training

Holcim (Bangladesh) Limited recently organised a training course on "Field Force Management Training-2008" for the staff of sales and marketing department at Spectra Convention Centre in the city, says a press release.Holcim (Bangladesh) Limited Managing Director PN Iyer addressed the...

Judge threatens to quit as defence lawyer goes wild

The judge of a special court trying detained former premier Sheikh Hasina in the barge-mounted power plant graft case Tuesday left a latent threat to quit halfway through the proceedings as a defence lawyer went on showing misdemeanours, reports UNB.The...

Govt starts crackdown to create peaceful environment for election: Gen Matin

Home Adviser MA Matin said Monday the government launched the combing operation across then country to crackdown on the miscreants to create peaceful environment for election in December, reports UNB."The election will be held in December and the operation is...

BB to monitor adoption of CSR by banks

The Bangladesh Bank (BB) will monitor the adoption of Corporate Social Responsibility (CSR) by banks and financial institutions and their performance.The adoption of CSR and performance of the corporate entities will be treated as an additional indicator of their management...

Humayun new MD of Karmasangsthan Bank

Md Humayun Kabir has been appointed as Managing Director of Karmasangsthan Bank recently.Prior to his promotion by the Government, he was the deputy managing director of Sonali Bank Ltd.Mr Kabir completed his BA (Hons) and MA in Economics at University...

Hill cutting

THE hills that once were part of Chittagong's scenic beauty and 'pride possession' have been vanishing quickly. But surely Chittagong is not alone to have lost its hills and natural environment, because of human encroachment. Rangamati, Bandarban and Khagrachhari --...

Reduction of registration charge, tax cut and holiday facility sought to boost real estate business

The country's realtors have sought reduction of flat registration charge, tax cut and holiday facility in the upcoming financial bill so that they can build cheaper residences outside the capital, a senior official said Sunday.Apartment businesses in the country marked...

Industries sector registers 5.6pc growth in 7 months

Country's industries sector registered 5.60 per cent growth in the first seven months of the current fiscal (2007-08) compared to the corresponding period in the previous fiscal.During the first half of the fiscal the sector was affected by sluggish investment...

S Korean groups urge immediate food shipments to North

SEOUL, June 2 (AFP): Influential South Korean religious and civic group leaders urged their government Monday to send at least 200,000 tonnes of badly needed food aid immediately to North Korea.The 33 organisation heads say hundreds of thousands of North...

China's forex reserves hit $1.76 trillion

SHANGHAI, June 2 (AFP): China's foreign exchange reserves rose to US$ 1.76 trillion at the end of April, state media reported Monday, reaching a level higher than the rest of Northeast Asia's combined.China's reserves, by far the largest in the...

Probe into causes of money market volatility starts

The central bank has started investigating the causes of volatility in the country's money market despite a large flow of fresh fund through buying back of government securities and repo auctions, officials said.The Bangladesh Bank (BB) is scrutinising deposit/advance ratio,...

America is unwise to deny Iran's key role in the Gulf

OVER lunch late last month in the United Arab Emirates, a friend from the emirate of Sharjah raised Senator Hillary Clinton's proposal to extend a US "nuclear shield" over allies in the Gulf. "A shield?" he exclaimed. "To protect us...

Obituary

Qazi Faizuddin Ahmed, a social worker and community leader and eldest member of Ratanpur Qazi Bari of Ratanpur under Nabinagar Upazilla of Brahmanbaria, breathed his last at 3:30 pm on 27 May 2008 at his village due to old age...

Why not approve women development policy for implementation?

A lot has been said in seminars on national women development policy-2008. An impact is awaited. Has it stirred women and men in different strata of society, and helped mobilise public opinion at the grassroots?The rightist parties lost no time...

Habubur, Mamunul elected president, GS of Bailey Square Officers'

Md Habubur Rahman, senior assistant secretary of Finance Ministry, and Syed Mamunul Alam, senior assistant chief of Local Government Division, have been elected president and general secretary (GS) respectively of Bailey Square Officers' Welfare Association, reports UNB.The election was held...

Asian maritime groups to raise funds

Song Jung-a in Seoul andRaphael Minderin Hong KongFT Syndication ServiceThe Asian maritime sector is showing signs of renewed listing activity with plans by a leading South Korean ship parts maker to go public in the fourth quarter and the first...