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Stocks decline in Europe, Asia

2008-03-08 00:00:00

LONDON, Mar 7 (Agencies) : Stocks tumbled in Europe and Asia and US index futures fell as investors speculated credit-market losses will deepen for financial companies and an employment report showed the U.S. slipped closer to a recession. Axa SA,...

Persistent food price hike can be devastating for the poor: WB

2008-03-08 00:00:00

S M JahangirThe World Bank (WB) has cautioned that persistent increase in the prices of staple foods could be devastating for the poor people of Bangladesh, especially who often spend more than half their incomes on food."… A low-income family,...

AB Bank propels higher turnover

2008-03-08 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) continued to remain buoyant in the week ended Thursday with a 45.18 per cent rise in the turnover led by AB Bank.The AB Bank was the top turnover leader with Tk 1.8 billion traded,...

BKMEA polls on Apr 12

2008-03-08 00:00:00

Naim-Ul-KarimThe elections to the executive committee of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) for 2008-09 will be held on April 12.A total of 27 directors will be elected to the executive committee. BKMEA will then seek nomination papers for...

All heads of labour wings in missions abroad to be briefed

2008-03-08 00:00:00

Foreign Adviser Dr Iftekhar Ahmed Chowdhury has said all heads of labour wings in countries hosting Bangladeshi contractual labourers have been asked to come to Dhaka for a Special Briefing between March 23 to 25, reports UNB. Iftekhar, who is...

US checks border stop for link to New York blast

2008-03-08 00:00:00

WASHINGTON, Mar 07 (Reuters): US authorities are checking whether several people stopped at the Canadian border are linked to an explosion that damaged a military recruiting station in New York, police said on Friday."Some pictures of Times Square, including the...

CA calls for electing honest candidates in next polls

2008-03-08 00:00:00

GOLACHIPA (Potuakhali), Mar 7 (BSS): Chief Adviser Dr Fakhruddin Ahmed today called upon all to elect honest, dedicated and capable candidates in the next elections for building an enlightened society free from corruption. The Chief Adviser made the call while...

Awami League, 10 other parties support EC proposal

2008-03-08 00:00:00

Only 11 among the 15 political parties that sat with the Election Commission (EC) for talks on electoral reforms have agreed to ensure at least 33 per cent representation of women in their party committees by 2020, a condition the...

No bar in holding local govt polls: Dr Kamal

2008-03-08 00:00:00

Gono Forum President Dr Kamal Hossain, an eminent jurist, said Friday the local government elections could be held before the national elections as there is no legal and constitutional bar, reports UNB."Constitutionally and legally, there is no such bar," he...

Two JMB men held in Kurigram

2008-03-08 00:00:00

KURIGRAM, Mar 7 (UNB): Two members of the banned Jama'atul Mujahideen Bangladesh (JMB) were arrested from frontier Bahalkuri village under Bhurungamari thana Friday.The police said acting on a tip-off they raided the village and arrested Hafizur Rahman (40) and Bitu...

Bangladesh replaces contingent in UN's Liberia mission

2008-03-08 00:00:00

Bangladesh is replacing its army contingent in United Nations Mission in Liberia (UNMIL), reports UNB.Under this programme, the first batch of 264-member army team, led by Brig Gen Jalal, left Dhaka by a UN chartered plane Thursday night.A media team...

Yarn dyeing, processing mills creating health hazard

2008-03-08 00:00:00

Our CorrespondentSIRAJGANJ, March 7: Toxic water, released from several yarn dyeing and processing mills, is posing serious health hazards, causing untold sufferings to thousands of people, and polluting the local environment in Belkuchi under Sirajganj. These mills are installed without...

AUW academic programme begins in Ctg Apr 5

2008-03-08 00:00:00

Our CorrespondentCHITTAGONG, Mar 7: Academic programme of Asian University of Women (AUW), with 120 female students on its roll from 5 Asian countries including Bangladesh, will formally begin on April 5 next on the temporary campus based on MM Ali...

Rafiqur Rahman wins Reuters Journalist of the Year Award

2008-03-08 00:00:00

Rafiqur Rahman, the principal television shooter for Reuters Television in Bangladesh, has won the prestigious Reuters Journalist of the Year Award, reports bdnews24.com. The London-based global news agency in a statement has said Rafiq had been declared 'Camera Operator of...

Square arranges Meril Night

2008-03-08 00:00:00

FE Report'Meril Night -2008' organised by Square Toiletries Ltd (STL) was held in a city hotel Friday. The annual event honoured the successful retailers, who participated in the winter promotional campaign across the country. Managing Director of STL Anjan Chowdhury...

English Dept of SUB organises freshers' reception

2008-03-08 00:00:00

FE ReportThe Department of English Studies of the State University of Bangladesh (SUB) recently organised freshers' reception of Spring 2008 semester followed by a poetry recitation competition.The freshers' reception started with a welcome speech by Acting Head of Department of...

JICA Alumni seminar today

2008-03-08 00:00:00

FE ReportA seminar on disaster management and preparedness, arranged by JICA Alumni Association of Bangladesh will be held today (Saturday) at city's Public Works Department (PWD) auditorium.Special Assistant to the Chief Adviser Raja Debashish Ray will be the chief guest...

Threatened manpower export

2008-03-08 00:00:00

THE country's foreign currency reserve has crossed the $6.0 billion mark for the first time recently. This is one of the few optimistic sides to the Bangladesh economy. The growing reserve is helping no doubt to cushion the country from...

Ensuring fool proof fertiliser distribution

2008-03-08 00:00:00

Syed JamaluddinTHE target for production of boro crop is logically higher this year in view of substantial food shortage caused by floods and cyclone. But news of fertiliser crisis is being received from different parts of the country. If it...

Japan's aid policy: Doing less with less

2008-03-08 00:00:00

David PillingFOR a chequebook diplomat, Japan's cheque does not carry the punch it used to. Tokyo, the world's mightiest aid donor as recently as 2001, has been slipping alarmingly down the league tables. In 2006, it was pushed into third...

Cracking down on the drug mafia

2008-03-08 00:00:00

Imtiyaz AhmedTHE drug traffickers pose a serious challenge. They operate in a manner that make them somewhat impregnable. The drug racket can count on friends and facilitators in the related enforcement bodies. Similar is its relations with other concerned personnel...

Exporting manpower under a policy framework

2008-03-08 00:00:00

THERE should be a systematic process for exporting manpower, taking care not to create a shortage of professionals or the technically skilled for the country's needs. There has to be an assessment first of what the requirements of the country...

Information services for industries

2008-03-08 00:00:00

Entrepreneurs are facing problems due to the lack of regulatory policies and lack of adequate market information which the government should be enforcing and providing respectively. For instance, there were 10 or 15 vegetable oil industries set up by local...

Physical exercise

2008-03-08 00:00:00

WE would recommend to anyone and everyone to perform some sort of physical exercise regularly because for a very short period and some bit of labour one can maintain continuous good health. We would tell anyone that if they have...

Tax Ombudsman: A new concept for Bangladesh

2008-03-08 00:00:00

Dr. Rashid ul Ahsan ChowdhuryDURING the last thirty seven years after the independence of Bangladesh, the public sector, especially the tax sector of the country has witnessed a spectacular growth. Unfortunately, this rapid growth has been accompanied by corruption, delay...

Feasibility of metro rail for Dhaka

2008-03-08 00:00:00

Shafiqul AlamTHE platform should be set before starting a mega project like underground railway. It means that the feasibility study should be carried out.The study should be undertaken to find out whether an underground subway is practicable for Bangladesh from...

For exempting private universities from tax payments

2008-03-08 00:00:00

Abul Quasem HaiderTHE Private University Act was enacted by Jatiya Sangsad on August 09, 1992, setting the objectives of expansion of trouble-free higher education for all and creation of worthy citizens. The government later allowed the establishment of 54 private...

Further rise in prices of essentials

2008-03-08 00:00:00

FE Report Prices of a number of key commodities including flour, sugar, rice and lentil soared again while prices of edible oil that marked sharp rise recently remained almost unchanged at the retail shops in the capital during the past...

SIBL, Union Capital sign investment deal

2008-03-08 00:00:00

FE ReportSocial Investment Bank Ltd (SIBL) granted a mid-term investment facility of Tk 150 million (15 crore) to Union Capital Ltd (UCL). A deal was signed to this effect in the city recently.SIBL Managing Director (MD) KM Ashaduzzaman and UCL...

BGIC holds branch, zonal managers' meet

2008-03-08 00:00:00

FE ReportBangladesh General Insurance Company Ltd (BGIC) held an annual review meeting of its branch and zonal managers in the city recently.Presided over by BGIC Managing Director AK Azizul Huq Chaudhury, the programme was attended by Chairman Towhid Samad as...