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Muralitharan on brink of history

2007-12-03 00:00:00

KANDY, Dec 2 (Cricinfo): Muttiah Muralitharan moved level with Shane Warne on 708 wickets as he bowled Sri Lanka back into the first Test at Kandy. He claimed the first four England batsmen to fall on the second day as...

Bangladesh U-19 team beat Pakistan U-19

2007-12-03 00:00:00

The touring Bangladesh Under-19 team tested the first victory in the third match of a five-match one-day series, beating Pakistan Under-19 team by 24 runs at the DHA ground in Karachi Sunday, reports UNB.Despite the day's victory, Bangladesh were still...

Ronaldo to be fit for Japan: Galliani

2007-12-03 00:00:00

MILAN, Italy, Dec 2 (AFP): Brazil forward Ronaldo will be fit to return to the AC Milan squad when they compete in the Club World Cup in Japan, vice-president Adriano Galliani said Saturday. Speaking to Sky Sport television cameras ahead...

Revenue likely to go up 3-fold but not number of tax returns

2007-12-03 00:00:00

FE ReportDifferent tax zones under the National Board of Revenue (NBR) Sunday witnessed a huge rush of taxpayers on the last day of individual tax return submission.The deadline for submission of individual tax returns expired Sunday. The NBR earlier extended...

Rupali divestment debacle puts a damper on Agrani sell-off agenda

2007-12-03 00:00:00

A Z M AnasThe World Bank (WB) has put its push for Agrani Bank sell-off agenda on the back burner, given the privatisation debacle in case of Rupali Bank."The bank has decided, in principle, not to increase its pressure on...

Rehab programmes for coastal dists shortly

2007-12-03 00:00:00

FE ReportThe interim government will soon sit with foreign development agencies and non-governmental organisations (NGOs) to prepare both short and long-term rehabilitation programmes for the country's Sidr-affected coastal districts.The decision was taken Sunday at the weekly meeting of the Council...

SC sets aside HC ruling on hartal

2007-12-03 00:00:00

The Supreme Court (SC) Sunday overruled a High Court judgment and set aside its order that violence and coercion in favour of or against hartal are tantamount to criminal activities, reports UNB. A seven-member full court of the Appellate Division...

SC sets aside HC ruling on hartal

2007-12-03 00:00:00

The Supreme Court (SC) Sunday overruled a High Court judgment and set aside its order that violence and coercion in favour of or against hartal are tantamount to criminal activities, reports UNB. A seven-member full court of the Appellate Division...

Hasina trial takes off today

2007-12-03 00:00:00

A Dhaka court hears extortion charges against Sheikh Hasina today (Monday), setting off the trial of the former prime minister, a lawyer said, reports bdnews24.com. Judge Md Azizul Hoque of Dhaka Metropolitan Sessions Judges' Court, now sited on the Sangsad...

Tarique gets HC bail in two cases

2007-12-03 00:00:00

The High Court (HC) Sunday granted former prime minister Khaleda Zia's son Tarique Rahman bail in two extortion cases, reports bdnews24.com. The HC simultaneously issued a ruling asking the government to explain why the two cases would not be cancelled....

USS Tarawa to start relief operation soon

2007-12-03 00:00:00

A second US amphibious naval ship named 'Tarawa' will join the country's current cyclone relief operation soon, as American Marine Brig General Ronald Bailey said, historically it takes two weeks to meet the emergency relief needs for distressed people, reports...

Cyclone Sidr hasn't hurt insurance cos much

2007-12-03 00:00:00

Shakhawat Hossain Last month's cyclonic storm Sidr that devastated the country's coastal districts has not burdened the insurance companies with much financial liabilities.The insurance companies were, initially, worried that there could be substantial claims from cell phone companies having a...

Decisions on some investment offers likely by next month

2007-12-03 00:00:00

Naim-Ul-KarimThe government is actively contemplating deciding on some of the investment offers worth about $12.5 billion (1250 crore) by next month as part of its plans to gear up economic activities in the aftermath of the two consecutive floods followed...

Stock prices nose-dive despite partial lifting of ban on lending

2007-12-03 00:00:00

FE ReportStock prices nose-dived Sunday on the Dhaka Stock Exchange (DSE) despite partial withdrawal of ban on lending by merchant banks to retail investors early last week.The prime bourse witnessed a record fall of its general index by over 92...

SCC sacks 431 for illegal appointment

2007-12-03 00:00:00

The Caretaker Government ordered that 431 officers and employees of Sylhet City Corporation (SCC) be sacked on grounds that they were appointed "illegally". An official announcement Sunday said, "The termination decision was taken, as allegations of irregularities in their appointment...

3 CWASA officials get 15 years for corruption

2007-12-03 00:00:00

Three officials of Chittagong WASA (CWASA) and a contractor were sentenced to 15 years imprisonment by a Chittagong court Sunday in a corruption case. Divisional Special Judge SM Solaiman, after examining records and prosecution witnesses, awarded them the 15 years...

HC orders formation of civil vacation courts in dists

2007-12-03 00:00:00

When the judges of the civil courts at district-level enjoy a month-long annual vacation from December 1, the High Court (HC) Sunday ordered the government to constitute civil vacation courts in each district for disposing of urgent cases. The HC...

Govt-owned, specialised banks to disburse Tk 13b in Sidr-hit areas

2007-12-03 00:00:00

Bangladesh Bank Governor Dr Salehuddin Ahmed Sunday advised the branch officers of different commercial banks operating in the Sidr-hit areas of Barisal to provide banking support for quick resumption of economic activities, reports UNB. "Do whatever you can to rejuvenate...

BPC negotiates 1.15m tonnes of fuel import with KPC

2007-12-03 00:00:00

Jasim Uddin HaroonThe Bangladesh Petroleum Corporation (BPC) negotiated the cost of premium with its Kuwaiti counterpart against import of 1.15 million tonnes of fuel which the state-owned organisation claimed would save the government at least Tk 250 million. The fuel...

Banks getting prepared to meet higher demand for funds ahead of Eid

2007-12-03 00:00:00

Siddique Islam Most commercial banks are holding surplus funds with them to avoid any possible shortfall in cash ahead of the Eid-ul-Azha festival. Few non-primary dealer (PDs) banks participated in 28-day Treasure Bills (TB) auction, held in the Bangladesh Bank...

Power supply restored throughout country

2007-12-03 00:00:00

M Azizur RahmanPower supply have been restored throughout the country including the recent Sidr-affected areas after large-scale repair works were carried out by the state-owned power entities, said sources."Electricity generation across the country reached around 3,500 megawatt (MW) Sunday, the...

Bid to resume post-Sidr academic activities by Dec 15 15 more bodies rescued

2007-12-03 00:00:00

The government has taken initiatives to resume academic activities in full swing in the Sidr-affected areas by December 15 after reconstructing and repairing the educational institutions damaged by the Nov 15 storm, reports UNB. The Education Ministry has allocated Tk...

NBR to review draft project proposal for RAMP today

2007-12-03 00:00:00

FE ReportThe National Board of Revenue (NBR) will hold a meeting today (Monday) to review the current status of the draft Development Project Proposal (DPP) being prepared for the Revenue Administration Modernisation Project (RAMP).Sources said the government in collaboration with...

Budget review depends largely on availability of aid : Mirza Aziz

2007-12-03 00:00:00

Finance adviser AB Mirza Azizul Islam Sunday said the final review of the $65 billion (over Tk 87,000 crore) national budget proposed for fiscal 2007-08 depends largely on the materialisation of aid pledges, reports bdnews24.com. "Budget review is a continuous...

CA assures full support in expanding legitimate commercial activities, export

2007-12-03 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Sunday reaffirmed the present government's all out support and priority-based cooperation in expanding the competitive and legitimate commercial activities in the country and increasing export, reports UNB. "The trend of international market is now...

Adviser unhappy over role of businessmen and NGOs

2007-12-03 00:00:00

BARISAL, Dec 2 (UNB): Adviser M A Matin today expressed dissatisfaction at the role of business people and NGOs in the cyclone affected areas."Businessmen have played many tricks with prices of essentials. They must not do it anymore. Each man...

Hasina trial resumes Dec 9

2007-12-03 00:00:00

Dhaka Metropolitan Sessions Judge Md Azizul Hoque Monday set Dec 9 to continue trial proceedings of a case involving charges of extortion against Sheikh Hasina. The judge gave the decision after the first day of proceedings that took place on...

Ensuring immediate and efficient spending of ADP funds

2007-12-02 00:00:00

Slow pace of implementation of projects in the initial months and a bit of pruning of the Annual Development Programmes (ADPs) at the fag end of a financial year have been the hallmarks of the public sector development planning in...

The economy faces enormous challenges

2007-12-02 00:00:00

Shahiduzzaman KhanBANGLADESH economy is now passing through a difficult time with enormous challenges ahead. The spiralling prices of essential commodities and the rising food inflation are at present the biggest challenges before the economy. Two consecutive floods and the most...

Climate change: The (Groucho) Marxist approach

2007-12-02 00:00:00

John KayWhy should I do anything for posterity? What has posterity ever done for me?Groucho Marx describes one end of a spectrum of opinion. The only obligation we owe to future generations is to sell them assets to pay our...