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HC issues rule upon govt over Judicial Service Rules

2007-12-04 00:00:00

The High Court (HC) Monday issued rule upon the government to explain why the Bangladesh Judicial Service Rules, allowing the judicial officers' deputation to the executive branches, should not be declared to have been made "without lawful authority," reports UNB.It...

China, India urged to curb energy use

2007-12-04 00:00:00

BALI, Dec 03 (Agencies): Coal-burning power plants belch pollutants into the air in China, contributing to global warming that experts say has destroyed billions of dollars in crops.In India, melting Himalayan glaciers cause floods, while raising a more daunting long-term...

developments in the region and abroad

2007-12-04 00:00:00

Sharif barred from election in PakistanLAHORE, Dec 03(Agencies): Pakistan's Election Commission decided Monday to bar Nawaz Sharif, a former prime minister and opposition leader, from the general election on Jan. 8 because of his criminal record."His nomination papers are rejected...

It's time to streamline civil administration

2007-12-04 00:00:00

A working group formed by the present interim administration soon after its coming to power to formulate administrative reform policies has reportedly completed its job and the head of the human resources management committee of the group submitted its report...

Agriculture in a fresh light

2007-12-04 00:00:00

Syed Fattahul AlimAfter the recent floods and cyclone, the issue of age-old agriculture has again taken the centre stage. And it is also not the recent calamities that have made us realise the fact that agriculture is so important in...

'Putting off day of reckoning'

2007-12-04 00:00:00

Ben White from New York SIXTEEN years ago, the largest bank in the US was on the ropes, its balance sheet crippled by bad debts, especially on commercial real estate and Latin American loans.Citicorp, as it was then known, turned...

Energy liberalisation leads to higher prices

2007-12-04 00:00:00

Philip WrightWHAT is liberalisation of the European Union's gas and electricity markets about? This question is worth asking because the European Commission has been preoccupied with how liberalisation needs to be introduced, rather than with its purpose.In September last, this...

Faulty electricity billing for apartments

2007-12-04 00:00:00

WHEN I lived in an independent house five years ago, I used to get electricity bills according to my expectation. Since I moved to an apartment house, my bills have been fluctuating every month. If it was for Tk 700...

Limiting rickshaws to localities

2007-12-04 00:00:00

We have some successful experimentations with confining the rickshaw movements to specific areas in the capital city. The Mohakhali DOHS has an effective area-based system for the rickshaws. The rickshaw pullers, in the area, are given identity cards and allowed...

Rehabilitation schemes for cyclone-hit people

2007-12-04 00:00:00

THE response of the international community to the urgent needs of Bangladesh after the post-Sidr devastations in the south western coastal areas of the country has been quite encouraging. Many countries including our neighbours have come forward to our support...

Lifebuoy for each home in coastal areas

2007-12-04 00:00:00

Maswood Alam KhanMEASURING present grief, anguish or stupor of the Hurricane Sidr victims in coastal areas of Barisal and Khulna who are now bereft of all their belongings is not possible but by only those who underwent similar ordeals in...

How to understand and respect people with disabilities

2007-12-04 00:00:00

MY brother, James, who was born in 1943 with a genetic chromosomal abnormality, Down's Syndrome, and who had a severe learning disability, died in 1999 in the UK as a result of negligence. He died of severe pneumonia because doctors...

Of leaders and leadership

2007-12-04 00:00:00

Zakiul IslamWE often hear commentators say that the nation would not like to go back to pre - 1/11 days. These comments and wishes are, in fact, widespread in the society. It is borne out of our utter frustration at...

India won't sacrifice its farmers' interest for global trade deal

2007-12-04 00:00:00

NEW DELHI, Dec 3 (AFP): India will not sacrifice the interests of its millions of subsistence farmers to clinch a deal in global trade talks, the country's trade minister warned. Trade Minister Kamal Nath's strong stand came after the head...

S'pore emerging as Indian Inc's gateway to world

2007-12-04 00:00:00

NEW DELHI, Dec 3 (Xinhua): With more than 2,700 Indian firms operating in the country, Singapore has emerged as the favourite destination for Indian domestic corporates looking to internationalise their business, local newspaper The Indian Express reported today. While bilateral...

China opens key economic policy meeting

2007-12-04 00:00:00

BEIJING, Dec 3 (Xinhua): China's top leaders gathered in Beijing today to determine economic policies for 2008 amid efforts to prevent the economy from overheating and to curb inflation. The Central Economic Work Conference, an annual event initiated more than...

'BoJ to raise rates if economy grows steadily'

2007-12-04 00:00:00

TOKYO, Dec 3 (AFP): Japan's central bank will continue to raise its super-low interest rates if Asia's largest economy enjoys sustainable growth, even with steady consumer prices, governor Toshihiko Fukui said today. Japan's benchmark interest rate of 0.5 per cent...

Thai growth beats expectations in Q3

2007-12-04 00:00:00

BANGKOK, Dec 3 (AFP): Thailand's economy grew by 4.9 per cent in the quarter to September, beating expectations and improving the kingdom's outlook for next year, the government's economic think-tank said today. The National Economic and Social Development Board (NESDB)...

S Korea Q3 growth slower than expected

2007-12-04 00:00:00

SEOUL, Dec 3 (AFP): South Korea's economy grew at a slower pace in the third quarter than expected after expanding at its fastest clip in three and a half years in the second quarter, the central bank said today. Gross...

Crops set for impressive growth in Nepal

2007-12-04 00:00:00

KATHMANDU, Dec 3 (Xinhua): After a decline of three consecutive years, production of paddy in Nepal is set to post sound growth this year, The Kathmandu Post reported. According to the daily, the latest report of the Ministry of Agriculture...

DBL organises workshop

2007-12-04 00:00:00

FE ReportDhaka Bank Limited (DBL) organised a workshop on Basel II at its training institute in the city recently. A total of twenty three executives from different branches and divisions of the bank participated in the workshop. Deputy Managing Director...

Asian currencies mixed against dollar

2007-12-04 00:00:00

HONG KONG, Dec 3 (AFP): Asian currencies ended the week mixed against the dollar on hints the United States may cut interest rates again when the Federal Reserve meets on December 11. JAPANESE YEN: The yen fell back against the...

Agro-produces fair to be held in Nepal

2007-12-04 00:00:00

KATHMANDU, Dec 3 (Xinhua): Entrepreneurs based in Chitwan district in central Nepal is going to organise a five-day long Agro Expo-2007 on Dec. 14-18, The Himalayan Times reported today. Different government agencies are co-organisers of the event, while the Federation...

Wind power sets sail from crowded Germany

2007-12-04 00:00:00

BERLIN, Dec 3 (Reuters): Nearly 19,000 wind turbines cover Germany, dotted across the countryside, nudging to the edge of cities and whirring alongside motorways. They generate 5 per cent of Germany's electricity-more than in any other country in the world....

Brick Lane on verge of losing its flavour?

2007-12-04 00:00:00

LONDON, Dec 3 (PTI): Brick Lane, the historic east London street symbolic of Britain's South Asian community, may soon be losing its flavour as corporates try to squeeze out curry from its array of Indian and Bangladeshi restaurants. Already 15...

BRAC signs unsecured term-loan deal with int'l lenders

2007-12-04 00:00:00

FE ReportBRAC signed the first unsecured seven-year syndicated term-loan deal of $55 million with two international lenders -- Standard Chartered (StanChart) Bank Bangladesh and RSA Capital in the city Monday.The syndicated term-loan facility was structured and subscribed by international lenders...

BSB earns Tk 128.7m pre-tax profit

2007-12-04 00:00:00

FE ReportBangladesh Shilpa Bank (BSB) earned a pre-tax profit of Tk 128.7 million (12.87 crore) during 2006-'07 fiscal year.This was disclosed in the 21st annual general meeting of the share holders of the bank held at its head office in...

PILIL holds national seminar, AGM

2007-12-04 00:00:00

FE ReportPrime Islami Life Insurance Ltd (PILIL) held the national seminar-2007 and the 7th annual general meeting (AGM) of the company at two different venues in the city recently.The seminar was presided over by Shariah Council Executive Committee Chairman Sayeed...

Sonali Bank disburses agri loan in SIDR-hit areas

2007-12-04 00:00:00

FE ReportSonali Bank Limited is set to disburse huge amounts of agri loan in the SIDR-affected areas of the southern part of the country.Managing Director (MD) of the bank SM Aminur Rahman visited a number of branches and offices located...

EXIM Bank opens branch at Savar

2007-12-04 00:00:00

FE ReportExport Import (Exim) Bank of Bangladesh Ltd inaugurated its 35th branch at Savar Bazar recently. EXIM Bank Chairman Md Nazrul Islam Mazumder inaugurated the branch while Managing Director Kazi Masihur Rahman presided over the inauguration ceremony.Among others, directors AKM...