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ACC to reexamine all submitted inquiry, investigation reports

2007-11-30 00:00:00

The Anti-corruption Comm-ission (ACC) has decided that all the submitted inquiry and investigation reports on corruption allegations and cases would be reexamined either fully or partially if necessary to make them more objective.Speaking at the Commi-ssion's regular briefing Thursday, ACC...

CEC finds no reason to halt 'election express'

2007-11-30 00:00:00

There has not been any such disaster facing the nation as to halt the 'election express', said Chief Election Commissioner (CEC) ATM Shamsul Huda Thursday. "It's true that because of recent recurrent natural disasters, the Election Commission (EC) is faced...

Law adviser backs CEC

2007-11-30 00:00:00

Echoing the remarks of the Chief Election Commissioner (CEC), Law Adviser Barrister Mainul Hosein said Thursday the government must see whether or not constitution of a political party is democratic as a lack of it spelt doom for democracy in...

Pranab Mukherjee arrives tomorrow

2007-11-30 00:00:00

Indian External Affairs Minister Pranab Mukherjee arrives in Dhaka tomorrow (Saturday) to convey solidarity of the people of India with the people of Bangladesh in their hour of need. During his visit, the Indian minister will meet Chief Adviser Dr...

Charge framing in Bijoy TV corruption case not held

2007-11-30 00:00:00

CHITTAGONG, Nov 29 (UNB): The charge-framing in the Bijoy TV corruption case could not be held today (Thursday), as the main accused, detained Chittagong City Corporation (CCC) Mayor ABM Mohiuddin Chowdhury, was not produced before the court.Judge of Divisional Speedy...

Tofail for 'national unity' to recover from Sidr

2007-11-30 00:00:00

BHOLA, Nov 29 (bdnews24.com): Awami League presidium member Tofail Ahmed called today for national unity to make up for devastation caused by cyclone Sidr. "National unity is our main strength to face this national disaster," Tofail said while distributing relief...

Taking up the challenge of PRSP-2

2007-11-29 00:00:00

The incumbent government in spite of its limited mandate has set off to prepare the second Poverty Reduction Strategy Paper (PRSP-2) for the 2008-2011 period. With this end in view, the government has also formed a committee which has been...

Promoting good governance

2007-11-29 00:00:00

ADB in its latest Bangladesh Quarterly Economic UpdateGOOD governance has several benefits: (i) economically, it directly contributes to the GDP growth of a country; (ii) politically, it allows service providers to be more accountable for their actions; and (iii) morally,...

Securing a string of neighbourly alliances

2007-11-29 00:00:00

John Burton and Amy KazminAT its latest annual summit, the Association of South-East Asian Nations adopted the motto: "One Vision, One Identity, One Community". The slogan may come back to haunt the 10-member group given the scepticism that has greeted...

Raw jute export deserves to be treated as agro-based activity

2007-11-29 00:00:00

Md. Rezaul KarimJUTE is an agricultural product, produced in cultivable land by the farmers. In all stages of the production of jute, a large number of people is required. Bangladesh is densely populated. So, the cultivation of jute is invariably...

Take the banks to the countryside

2007-11-29 00:00:00

Grameen and other non-conventional banks operating the countryside report high rates of recovery out of their lendings. Unfortunately, this knowledge could not inspire the country's mainstream banks to spread their business in the rural areas. With easy access to banking...

Middle East peace conference

2007-11-29 00:00:00

THE United States is sponsoring the Middle East Peace Conference in Annapolis. The step is welcome but serious doubts still exist over how far it will help bring an end to the long-lingering problem. The creation of a viable Palestinian...

The proliferation game: How Pakistan built its N-bomb

2007-11-29 00:00:00

Catherine Collins and Douglas Frantz Globalisation, what a concept. You can get a burger prepared your way practically anywhere in the world. The Nike Swoosh appears at elite athletic venues across the United States and on the skinny frames of...

Dubai migrants earn $245/month, build $2,455/night hotel rooms

2007-11-29 00:00:00

Sean CroninJonson Joy gets up at 5 a.m. every day to work 13 hours on a Dubai construction site then comes home to a dormitory next to an overflowing sewage tank. He earns $245 a month and sends half to...

China uses `Tai Chi' diplomacy to build soft power

2007-11-29 00:00:00

Ken FiremanWhen Xu Jianguo, the Chinese ambassador to Nigeria, visited Nnamdi Azikiwe University in Akwa in February, he didn't come empty-handed. Xu brought a $10,000 contribution, which was used to buy equipment ranging from camcorders to overhead projectors to facilitate...

WTO averts crisis as Taiwan accepts Chinese judge

2007-11-29 00:00:00

GENEVA, Nov 28 (Agencies): The World Trade Organisation (WTO) averted a crisis yesterday, when Taiwan agreed to the appointment of a Chinese judge to the top WTO court, allowing it to resume its key work of resolving trade disputes. Besides...

S'pore employment rate up at record high

2007-11-29 00:00:00

SINGAPORE, Nov 28 (Xinhua): Singapore's employment rate has increased to a new high this year, mainly driven by job gains among women and older residents, according to findings from a labour force survey issued by the ministry of manpower yesterday....

Nepal mulls to introduce dual rate on VAT

2007-11-29 00:00:00

KATHMANDU, Nov 28 (Xinhua): The Nepali government is mulling to introduce a dual rate on value added tax (VAT) with a view to making the tax regime wider and decrease tax evasion, The Himalayan Times reported today. A meeting of...

Ctg port, Penang port to sign MoU for bilateral tech co-op

2007-11-29 00:00:00

Our CorrespondentCHITTAGONG, Nov 28: A memorandum of understanding (MoU) will be signed between Chittagong Port (CP) and Penang Port for establishing infrastructural and technological cooperation between the two important harbours of Bangladesh and Malaysia.Malaysian High Commissioner in Bangladesh Abdul Malek...

MTB holds training on general banking

2007-11-29 00:00:00

FE ReportAn 18-day training programme on general banking organised by the Mutual Trust Bank (MTB) was held at its training institute in the city recently. Managing Director of MTB Kazi Md Shafiqur Rahman distributed certificates among the participants in the...

Samsung Electronics sets $20b profit target by '12

2007-11-29 00:00:00

SEOUL, Nov 28 (AFP): South Korea's Samsung Electronics said today it is targeting 20 billion dollars in profits on sales of 150 billion dollars by 2012. "Samsung Electronics has grown significantly for the past decade," Chu Woo-Sik, senior vice president...

Alternative healthcare product from Korea hits market

2007-11-29 00:00:00

FE ReportWorld's leading thermal acupressure device manufacturer, CERAGEM of South Korea is rapidly expanding in Bangladesh as demand grows for its unique thermal acupressure service with advanced technology and effectiveness.This company is offering service to thousands of customers everyday free...

Sea Borne, Everbest distribute relief

2007-11-29 00:00:00

FE ReportThe country's leading shipping companies-Sea Borne Private Ltd and Everbest Shipping Agencies Ltd-administered relief operations among 350 cyclone-affected families at Rajapur village of Sharonkhola in Bagerhat district Tuesday.The relief materials included dry foods, sari, lungi, pure drinking water, water-purifying...

corporate watch

2007-11-29 00:00:00

DSE meeting on current market trend A meeting of the DSE members on current securities market and counselling with the investors and authorised assistants will be held at Hotel Purbani on November 29 at 6:00 pm. SEC Chairman Faruk Ahmad...

Bank modernisation project likely to get extension

2007-11-29 00:00:00

Shakhawat Hossain The World Bank (WB)-funded Enterprise Growth and Bank Modernisation (EGBM) project is likely to be extended at the request from the ministry of finance (MOF), sources said.The tenure of the three-year $250 million EBGM project is scheduled to...

Foreign co to set up sewing thread factory in Karnaphuli EPZ

2007-11-29 00:00:00

FE ReportM/s American and Efird (Bangladesh) Ltd will establish an industrial sewing thread industry in Karnaphuli Export Processing Zone.A 100 per cent foreign owned company jointly sponsored by America and Sri Lanka will invest US$ 7.222 million to set up...

REB power supply yet to resume in most cyclone-hit areas

2007-11-29 00:00:00

BARISAL, Nov 28 (UNB): Power supply through the Rural Electrification Board (REB) has not yet been resumed in most of the cyclone affected areas in the Barisal region. The extent of damages in the power sector has surpassed Tk 100...

Japanese entrepreneurs keen on developing gas, coal sectors in Bangladesh

2007-11-29 00:00:00

Japanese entrepreneurs are interested in joining the effort to develop Bangladesh's gas and coal sectors -- the two potential fields of energy, reports UNB.Japan-Bangladesh Joint Committee for Commercial and Economic Cooperation (JBCCEC) Chairman Koji Nojima leading a nine-member JBCCEC delegation...

Prices of onion sharply fall in N-districts

2007-11-29 00:00:00

RANGPUR, Nov 28 (BSS): Market prices of onion marked a sharp fall by over 50 per cent within a span of only five days everywhere in the northern districts of the country, market sources said.The sources said the consumers had...

IBBL distributes relief among distressed people

2007-11-29 00:00:00

FE ReportPatuakhali, Barguna and Pirojpur branches of the Islami Bank Bangladesh Limited (IBBL) distributed relief among the distressed families of the districts. Senior Vice President and Head of Rural Development Division of the bank Md Obaidul Haque distributed relief among...