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BSD for national consensus based on 1971 spirit

2008-06-05 00:00:00

Bangladesher Samajtantrik Dal (BSD) at a dialogue with the caretaker government (CG) Wednesday proposed forging a national consensus based on the fundamental spirit of the 1971 Liberation War and public demands raised during the 1990 mass upsurge against autocracy for...

Freedom of press: for whom?

2008-06-05 00:00:00

Tayeb Husain from Lund, SwedenWHILE sipping my morning cup of coffee and having a look on my regional newspaper (SYSSVENSKAN or SDS in short, published from Malm

Nat'l Hockey team is expected to leave for Singapore June 12

2008-06-05 00:00:00

Bangladesh national hockey team is expected to leave here for Singapore on June 12 to take part in the 3rd Men's AHF Cup Championship to be held in Singapore June 14-22, reports UNB.The participation of Bangladesh team in the nine-nation...

ASA wins Financial Times-IFC banking award

FE Report | 2008-06-05 00:00:00

ASA has won the Financial Times (London) and International Finance Corporation (IFC) 'Banking at the Bottom of the Pyramid-2008' award at a function at Dorchester, London Tuesday.Newly elected Mayor of London Boris Johnson was present in the ceremony as the...

BoE to keep rates on hold to combat inflation

2008-06-05 00:00:00

LONDON, June 4 (AFP): The Bank of England (BoE) was expected to keep interest rates at 5.0 per cent today to combat inflation driven by soaring oil and food prices despite concerns over slowing growth and the housing market, analysts...

Govt may put cap on rice stocks by growers, millers

S M Jahangir | 2008-06-05 00:00:00

The government is considering a set of measurers, including putting a cap on rice stocks by farmers, hoarders and millers to help fulfil its Boro procurement target, officials said.It might also go for a strict monitoring through the law enforcing...

Khulna clinch title of U-16 National Competition

2008-06-05 00:00:00

Hosts Khulna Division clinched the title of the U-16 Young Tigers Elite National Competition by virtue of better bonus points against Sylhet Division on the 3rd day of the three-day final at the Bir Shreshtho Matiur Rahman Stadium (BSMRS) Wednesday,...

Barack Obama makes history by clinching nomination

2008-06-05 00:00:00

WASHINGTON, June 04 (Agencies): US Democratic presidential hopeful Barack Obama has made history by becoming the first African-American to head the ticket of a major US political partyIn what he called a "defining moment for our nation," Obama Tuesday passed...

Sarwan, Chanderpaul hold firm to deny Aussies

2008-06-05 00:00:00

ST JOHN'S, Antigua, June 4 (AFP): Australia had to settle for a draw, after Ramnaresh Sarwan hit his 11th Test hundred and with compatriot Shivnarine Chanderpaul batted West Indies to safety in the second Test here Monday.Sarwan hit the top...

Readjusting tax threshold

2008-06-05 00:00:00

PEOPLE'S earning, measured in Taka, has been eroding its value fast. In this situation, the businessmen or professionals may well offset the impact of plummeting purchasing power of Taka in their lives through increasing the amount of their incomes by...

Disbursement of foreign loan rises by over 100pc

FE Report | 2008-06-05 00:00:00

Disbursement of loan by the donor agencies has risen by more than 100 per cent rise in the outgoing fiscal compared to the last fiscal, but the amount is still about 50 percent of the commitment, said an economic relations...

Dollar gains against yen

2008-06-05 00:00:00

TOKYO, June 4 (AFP): The dollar extended its gains against the yen in Asian trade today after Federal Reserve chairman Ben Bernanke said a weaker greenback was adding to US inflation pressures, dealers said.They said the market had taken the...

Next hearing in Gatco case June 10

2008-06-05 00:00:00

A special court, after an hour-long sitting, Wednesday deferred to June 10 the charge hearing on the GATCO graft case against detained former Prime Minister and BNP Chairperson Khaleda Zia, her younger son Koko, eight former ministers and several others,...

Khaleda keeps mum as Mannan tenders salam

2008-06-05 00:00:00

Apparently in a snub to her estranged party secretary general Abdul Mannan Bhuiyan, ex-premier and BNP Chairperson Khaleda Zia kept mum although he repeatedly tendered her salam as they met in the courtroom Wednesday in the changed times, reports UNB.Witnesses...

corporatewatch

2008-06-05 00:00:00

Akij Securities gets DSE membershipAkij Securities Limited, DSE Member No. 231, has got Broker Registration Certificate No. Reg.-3.1/DSE-231/2008/193, dated January 30, 2008 and valid up to January 29, 2009 vide SEC letter no. SEC/REG-36/DSE-231/2007/65 dated January 30, 2008. The ID...

India cuts duty on some imports from LDCs

M Azizur Rahman | 2008-06-05 00:00:00

India has decided to cut duty on imports from the least developed countries (LDCs), including Bangladesh, for products like cosmetics and toiletries, textile and clothing, furniture and crockery under its newly announced duty-free preference scheme (DFPS), officials said."We have recently...

Imports go up by 25pc in 10 months

Siddique Islam | 2008-06-05 00:00:00

The country's overall import grew by 25.07 per cent during the first ten months of the current fiscal over that of the same period of the previous fiscal, officials said."The import trend is still in right track on the basis...

People to foil 'blueprint' of installing govt of handpicks: Khaleda

2008-06-05 00:00:00

Former Prime Minister Khaleda Zia Wednesday fired a broadside at the caretaker regime for what she called its 'blueprint' for installing a government of handpicks through a 'sham' election, with a note of caution that such a move will be...

3,000 workers sued for ties to Savar protests

2008-06-05 00:00:00

Police Wednesday filed a case against 3,000 garment workers for their alleged ties to protests and a road blockade in Savar, a police officer said, reports bdnews24.com.Garment workers blocked traffic in Savar Tuesday, vandalised vehicles and put up barricades on...

US mortgage applications index hits 6-yr low

2008-06-05 00:00:00

NEW YORK, June 4 (Reuters): US mortgage applications fell for a third consecutive week, reaching its lowest level in over six years as demand for home refinancing loans plunged, an industry group said Wednesday.The Mortgage Bankers Association (MBA) said its...

Plea to form nat'l accreditation body on education

FE Report | 2008-06-05 00:00:00

Educationists said Wednesday a national accreditation body on education should be formed for maintaining quality of education.They were addressing a seminar, jointly organised by Bangladesh Institute of Development Studies (BIDS) and Northern University Bangladesh (NUB), at BIDS conference room in...

Death anniversary

2008-06-05 00:00:00

The 34th death anniversary of Mahbubul Huq, a noted parliamentarian and journalist, former editor of the Daily Purbodesh, will be observed today (Thursday), said a press release.A discussions and doa mahfil will be held in this connection at the Jatiya...

Bangladesh held to 1-1 draw by Bhutan in SAFF opener

2008-06-05 00:00:00

Last time runners-up Bangladesh made a frustrating start in the 3rd SAFF Championship as they were forced to a 1-1 draw by lowly Bhutan in the Group B opener at the Sugathadasa Stadium in Colombo Wednesday, reports UNB.With the day's...

NCC Bank board reelects chairman, vice-chairman

2008-06-05 00:00:00

Mr Tofazzal Hossain and Mr ASM Mainuddin Monem have been reelected chairman and vice-chairman respectively of the National Credit and Commerce (NCC) Bank Limited for another term.The board of directors of the bank at its meeting held in the city...

Two engineers of R&H arrested on charge of bribery

2008-06-05 00:00:00

BOGRA, June 4 (UNB): RAB arrested two engineers of Roads and Highways Department here Tuesday on charge of taking bribe worth Tk 100,000 from a contractor.The arrestees were identified as superintending engineer (SE) of Bogra Workshop Circle of the R&H...

Indian fuel prices jump 10pc

2008-06-05 00:00:00

Joe Leahy in Mumbai and Amy Yee in New Delhi, FT Syndication ServiceIndia's government Wednesday increased the price of petrol and diesel at the nation's fuel pumps, ending weeks of political wrangling over what to do about the ballooning fiscal...

Privatise postal dept

2008-06-05 00:00:00

In order to regain the postal efficiency, it is better to sell it.Any public university which for any reason goes on damaging education quality must be sold to private entity. Almost paying nothing, they learn nothing from those Universities except...

Wachovia opens office in city today

FE Report | 2008-06-05 00:00:00

Wachovia Corp will open a new representative banking office in the city today (Thursday) demonstrating Wachovia's increasing commitment to Bangladesh."We have been doing business in Bangladesh since 1999, and we are extremely excited about expanding our presence in this important...

Grameenphone signs deal with Ascent Group

FE Report | 2008-06-05 00:00:00

Grameenphone recently signed an agreement with Ascent Group to provide special discounts to its subscribers.Grameenphone Additional General Manager (Marketing) Riaz M Zaman and Ascent Group Director Syed Anwar Ali signed the agreement on behalf of their respective organisations in the...

Huawei to expand GSM network of GP

FE Report | 2008-06-05 00:00:00

Huawei Technologies Ltd, a giant telecom solution provider, signed a contract Tuesday with GrameenPhone, the largest cell phone operator in Bangladesh for large scale capacity expansion and enhancement of next generation GSM core and radio network."We are delighted to choose...