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Housing loan under BB's refinancing scheme increased to Tk 2.0b

2008-01-03 00:00:00

FE ReportThe Bangladesh Bank (BB) has increased the individual loan to be made available under its refinancing scheme to Tk 2.0 million from Tk 1.50 million. Besides, the central bank will provide 100 per cent refinancing facility instead of 75...

Govt moves to give senior civil servants vehicle loan

2008-01-03 00:00:00

The government has moved to provide interest-free loans for senior civil servants to buy vehicles, a top official said Wednesday, reports bdnews24.com. The Establishment Ministry has drafted a proposal that provides for a maximum Tk 1.5 million in interest-free loans,...

Petrobangla in dire straits in resolving Ctg gas crisis

2008-01-03 00:00:00

The frustrating result from the drilling at the offshore gas-field at Magnama has been a big blow to Petrobangla in its efforts to resolve the nagging gas crisis in Chittagong, reports UNB.Cairn Energy plc, a UK-based operator of the offshore...

LankaBangla Securities retains top position in DSE, CSE in 2007

2008-01-03 00:00:00

FE ReportLankaBangla Securities Ltd emerged as the most active member in both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) for the second consecutive year in 2007.The other top nine brokers in terms of turnover in the...

Moderate demands keep dollar, call rate steady

2008-01-03 00:00:00

FE ReportModerate demand influenced the dollar as well as the call money rate to stay almost stable Wednesday, as the market was yet to break the holiday inertia, fund managers said.The central bank avoided withdrawal of cash from the market...

developments in the region and abroad

2008-01-03 00:00:00

Bhutan announces results of first voteGUWAHATI, Jan 02(Reuters): Bhutan announced the first 15 members elected to the upper house following the tiny Himalayan nation's first national poll as it shifts to democracy after a century of absolute monarchy, election officials...

Modus operandi of Jamuna, Meghna share trading

2008-01-03 00:00:00

FE ReportInvestors will be allowed to place an order for maximum of 500 shares and minimum of 100 shares for each order during the first seven days of trading of Jamuna Oil and Meghna Petroleum, which will enter the market...

Failed state turns into stable one, says foreign adviser

2008-01-03 00:00:00

Bangladesh has emerged as a stable state in South Asia in a turnaround from a failed state-like situation following reforms and proactive role in the international arena in last one year, said the Foreign Adviser Iftekhar Ahmed Chowdhury, reports UNB."Our...

US investors look forward to stable democracy, visiting US senator says

2008-01-03 00:00:00

Bangladeshi-origin Michigan State Senator Hansen Clarke said Wednesday American investors would not like to invest in Bangladesh until a stable democracy and an elected government with honest and efficient people at the helm of state affairs are there, reports UNB."It...

SC set Jan 10 for order on ACC-Hasina case

2008-01-03 00:00:00

The Supreme Court (SC) set January 10 for order on the Anti-corruption Commission (ACC) plea seeking leave to appeal against High Court (HC) judgement declaring illegal the ACC notice asking detained former prime minister Sheikh Hasina to submit her wealth...

CJ restructures 11 HC benches

2008-01-03 00:00:00

Chief Justice (CJ) Md Ruhul Amin Tuesday restructured 11 benches of the High Court (HC) Division, officials said, reports bdnews24.com.The move comes a day before the Supreme Court (SC) opens Wednesday, ending a 19-day winter vacation. The court is expected...

HC stays proceedings of graft case against mayor Sarwar

2008-01-03 00:00:00

The High Court (HC) Wednesday stayed the proceedings of a corruption case filed by the Anti-corruption Commission (ACC) against detained Barisal City Corporation Mayor Majibor Rahman Sarwar, reports UNB.Staying further proceedings of the case, following his petition, a division bench...

Blue Panel teachers meet DU VC

2008-01-03 00:00:00

A group of 12 teachers of the Dhaka University belonging to the Blue Panel today met Vice Chancellor (VC) SMA Faiz and discussed matters relating to the release of four teachers detained in the wake of August 20-22 unrest on...

APHR appeals for lifting state of emergency

2008-01-03 00:00:00

The Association for Protection of Human Rights (APHR) in a press release Wednesday appealed to the caretaker government to lift the state of emergency.If the state of emergency is lifted, it will ensure the democratic right of the people and...

301 lawyers demand release of Hasina

2008-01-03 00:00:00

Some 301 lawyers Wednesday expressed deep concern over the health condition of Awami League chief Sheikh Hasina who is undergoing trial in extortion case and fell sick in the dock Monday, reports UNB.In a statement, the lawyers demanded immediate release...

ACC to file case against Bulu, his wife, son

2008-01-03 00:00:00

The Anti-corruption Commission (ACC) is going to file a case against former Commerce Ministry adviser and BNP leader Barkat Ullah Bulu, his wife and son for concealing information and amassing wealth beyond their known sources of income, reports UNB.According to...

Advisers present total requirement of fertiliser to six foreign envoys

2008-01-03 00:00:00

Foreign Adviser Dr Iftekhar Ahmed Chowdhury and Agricultural Adviser Dr CS Karim placed country's requirement for 100,000 tonnes of TSP and as much amount of MOP to six foreign envoys, in the wake of a great demand for fertiliser in...

SKS invites applications from children of ex-Armed Forces personnel for stipend

2008-01-03 00:00:00

Sena Kalyan Sangstha (SKS) has invited applications from the ex-servicemen and retired personnel from Armed Forces for school and madrasah level stipend 2008 for their children, studying from class-VI to X, reports UNB.Not more than two members of a family...

Newspaper editors discuss situation in media

2008-01-03 00:00:00

FE Report The editors of the leading national newspapers in a meeting Wednesday discussed the situation prevailing in the print and electronic media particularly those related to flow and rate of advertisements, irregular payment of advertisement bills by the advertisers...

Four held for illegally hoarding six tonnes of VGD flour, 252kg wheat

2008-01-03 00:00:00

THAKURGAON, Jan 2 (UNB): Four people, including three traders, were arrested for illegally hoarding six tonnes of Vulnerable Group Development (VGD) flour and 252 kilograms wheat at Deviganj Bazar under Sadar Upazila Monday night.Being tipped off by local people, police...

Journalist, his associate surrender before court

2008-01-03 00:00:00

BAGERHAT, Jan 2 (UNB): A local journalist along with his associate surrendered before a court here Sunday following a case filed against them for demanding extortion and trying to thwart government's relief operation.Clerk of local Relief Office Hafizur Rahman filed...

Huge Indian goods seized in Joypurhat, Dinajpur

2008-01-03 00:00:00

RAB members and BDR jawans in separate drives seized huge Indian cloths and other goods from Joypurhat and neighbouring Dinajpur districts in three days till Monday, reports UNB.Acting on a tip-off, a team of RAB forces raided a compartment of...

Kulkhwani of Ozair Farooq today

2008-01-03 00:00:00

Kulkhwani of former Supreme Court Bar Association (SCBA) President Ozair Farooq will he held at his Kolabagan residence today (Thursday), reports UNB.He was buried at his ancestral village at Chatkhil in Noakhali Monday. Oazir Farooq died of cardiac arrest Sunday.

Ex-customs official dies

2008-01-03 00:00:00

Former assistant commissioner of Customs Mohammad Mohiuddin died of heart attack on the way to hospital in the city Monday. He was 61. Mohiddun left behind his wife, two sons, a daughter, two daughters-in law, four grandsons and granddaughters and...

Admission test for IER of DU now to be held at 3:00pm February 01

2008-01-03 00:00:00

Admission test for first year honours in Bachelor of Education at the Institute of Education and Research (IER) of Dhaka University for 2007-08 session, scheduled to be held at 10:00 am on February 1, will now be held at 3:00...

Army held UP member for misappropriating govt money, rice

2008-01-03 00:00:00

BAGERHAT, Jan 2 (UNB): Army personnel arrested a UP member from Tafalbaria bazar under Shoronkhola Upazila Saturday night on charge of misappropriating rice under VGF programme and Tk 10,000 of housing project taken for the Sidr-hit people of the district.Army...

Two held with 720 bottles of Phensidyl

2008-01-03 00:00:00

CHAPAINAWABGANJ, Jan 2: Police arrested two persons along with 220 bottles of Indian Phensidyl from Hatbakal area in Nachole Upazila Tuesday. Acting on a secret information, police raided a pickup van and arrested Nurul Islam and Dulu at north Uzirpur...

Country watch

2008-01-03 00:00:00

Body of another Sidr victim recoveredBAGERHAT, Jan 2: The body of another Sidr victim was recovered from Tafalbari village in the worst-hit Southkhali Union of Shoronkhola Upazila Wednesday, after 48 days of the disaster. Local people found the body of...

China to see sixth year of double-digit growth in ’08

2008-01-03 00:00:00

SHANGHAI, Jan 2 (AFP): China's economy is likely to see its sixth consecutive year of double-digit growth in 2008, with inflation remaining near 10-year highs, state media said today, citing an influential think tank. The gross domestic product is expected...

More steps needed to help stabilise imploding US housing market

2008-01-03 00:00:00

WASHINGTON, Jan 2 (Reuters): More steps by Congress and the Bush administration are likely needed to stabilise the imploding US housing market, a senior White House official said Tuesday, as more signs of distress appear.Early last month, President George W...