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Investors subdued at DSE, stock prices mixed

2007-12-10 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Sunday remained mixed amid steady turnover mainly due to cautious mood of investors.The investors, apparently, decided to be a little bit cautious amid lingering fears that intervention might come anytime from...

ACC sues Khaleda, Hasina in Niko scams

2007-12-10 00:00:00

Separate cases were filed Sunday against former prime ministers Khaleda Zia and Sheikh Hasina and ten others accusing them of entering into deals with Niko that caused an enormous loss to the state, reports UNB.ACC assistant director Mahbubul Alam filed...

Govt to release Tk 3.0b subsidy fund for exporters this week

2007-12-10 00:00:00

FE ReportThe government has decided to release the fund on account of cash incentives, amounting to Taka 3.0 billion, to the leading exporters to facilitate payment of salaries and benefits to their workers before the Eid-ul Azha.The finance ministry is...

Rangs Building collapse death toll rises to 3

2007-12-10 00:00:00

Three workers were killed and 12 others injured as 11 floors of the partly demolished Rangs Bhaban- from 14th to 3rd floor- at the capital's Bijoy Sarani crossing collapsed Saturday night.Meantime, the fire department stopped rescue operations at the collapsed...

HC stays trial in extortion case against Hasina

2007-12-10 00:00:00

Minutes after the trial court held back for three days the hearing of extortion charge against detained ex-premier Sheikh Hasina, the High Court (HC) Sunday stayed the case proceedings until the HC disposes of its rule, reports UNB.When the makeshift...

Ordinance on HR Commission gets cabinet nod

2007-12-10 00:00:00

The interim cabinet Sunday approved an ordinance to set up the National Human Rights Commission, reports bdnews24.com quoting a government spokesman. The decision comes a day before the nation is set to observe the United Nations Human Rights Day. A...

Six forest bandits killed in Sundarbans

2007-12-10 00:00:00

At least six forest bandits were killed in a gunfight between two rival gangs in Kalichar area under Khulna range of Sundarbnas Saturday night. Local sources said, there had been a longstanding dispute between Motaleb group and Masud group over...

Bangladeshis to face language test for jobs in S Korea

2007-12-10 00:00:00

Bangladeshi nationals will be recruited for jobs in the industrialised South Korea shortly after completing language test under the agreed Employment Permit System (EPS). The Korean authority, in cooperation with Bangladesh Government and BOESL, will formulate a roster of the...

Sangu production fall hits Ctg industries

2007-12-10 00:00:00

M Azizur RahmanFall in production at the country's lone offshore - Sangu - gas field is hampering industrial production in the country's Chittagong region, sources said.Gas production from Sangu dropped Sunday to 58 million cubic feet per day (mmcfd), lowest...

Banks' excess liquidity to form special fund for Sidr victims

2007-12-10 00:00:00

Siddique Islam The Bangladesh Bank (BB) is likely to launch a special fund with the support of the excess liquidity of the commercial banks to strengthen financing activities in the Sidr-affected areas of the country's southern districts. Excess liquidity of...

Aziz defends trade liberalisation, trashes CPD study on employment

2007-12-10 00:00:00

FE Report Finance Adviser AB Mirza Md Azizul Islam said Sunday inefficiency in management and use of modern technology, rather than the trade liberalisation, has contributed to negative growth of employment in some sectors."Trade liberalisation has helped a lot in...

Small investors to get back their money soon

2007-12-10 00:00:00

S M JahangirSmall investors are expected to get refund of the tax money, which was earlier deducted at source against interests accrued from savings instruments, under the revised official provision.A proposal to this effect is now under the active consideration...

9 killed in attack on police outpost in Pakistan

2007-12-10 00:00:00

ISLAMABAD, Dec 09 (Reuters): Former Pakistani Prime Minister Nawaz Sharif now wants his party to take part in a January general election after failing to clinch a boycott pact with his rival Benazir Bhutto, party aides said on Sunday.Meanwhile, nine...

SSKOP for fresh gazette notification on Sixth Wage Board Award

2007-12-10 00:00:00

FE Report Sangbadik Sramik Karmachari Oikya Parishad (SSKOP) Sunday urged the government to publish a fresh gazette notification after amending the newly-announced Sixth Wage Board Award to ensure all financial benefits, including salaries and allowances as recommended by the wage...

Efforts on to import rice from different sources

2007-12-10 00:00:00

Naim-Ul-KarimThe government has taken a fresh move to procure rice from Myanmar, Thailand and Pakistan to improve its food stock position within the shortest possible time."We would not like to depend on any single source of supply. Our diplomatic missions...

Govt for formulating time-bound textile policy: Geetiara

2007-12-10 00:00:00

FE ReportIndustries and textiles adviser Geetiara Safiya Choudhury said Sunday there is an ample scope for incorporating suggestions from the stakeholders in the draft textiles policy 2007 to make it time befitting.She was addressing as the chief guest at a...

ACC sues Shah Alam

2007-12-10 00:00:00

The Anti-corruption Commission (ACC) Sunday filed a case against Bashundhara Group chairman Ahmed Akbar Sobhan, popularly known as Shah Alam. ACC Deputy Director Abdullah Al Zahid filed the case with the Ramna Police Station. Shah Alam's wife Afroza Begum and...

Govt for empowering women in all spheres of society

2007-12-10 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed has said that the government wants to accelerate its ongoing efforts to pave the way for empowering women in all spheres of society to establish the rights of women.But the country still has a...

Appeal against conviction of four RU teachers filed

2007-12-10 00:00:00

RAJSHAHI, Dec 9 (UNB): An appeal was filed with the District and Sessions Judge's Court here today (Sunday) against the conviction of four teachers of Rajshahi University (RU) for breaking Emergency Powers Rules. Appellants' lawyer Aslam Sarker filed the appeal...

Govt for empowering women in all spheres of society

2007-12-10 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed has said that the government wants to accelerate its ongoing efforts to pave the way for empowering women in all spheres of society to establish the rights of women.But the country still has a...

BNP unity likely if reformists accept decisions of Khaleda Zia: Delwar

2007-12-10 00:00:00

BNP Secretary General Khondoker Delwar Hossain has said unity in the party is possible only if the reformists give up their programme and other activities accepting the decisions of chairperson Khaleda Zia.Talking to the newsmen in connection with the unity...

Service commitment deal with Seoul an important event: Iftekhar

2007-12-10 00:00:00

Adviser for Foreign Affairs Dr Iftekhar Ahmed Chowdhury Sunday said, the signing of the service commitment agreement between Bangladesh and South Korea was an important event in promoting relations between the two countries, reports BSS. Chowdhury, also in charge of...

Changed name fails to save terrorist Imon

2007-12-10 00:00:00

KOLKATA, Dec 9 (bdnews24.com): The West Bengal police have finally arrested one of Dhaka's "most wanted" criminals, Shahidur Rahman, better known as Imon. They cornered him at Ultadanga railway station, not far from Dumdum airport, Saturday, but Imon insisted that...

HC grants bail to Sabera Aman

2007-12-10 00:00:00

The High Court (HC) granted bail Sunday to Sabera Aman, wife of former BNP state minister Amanullah Aman, reports bdnews24.com. The court also ordered an explanation on a provision of the Emergency Powers Rules, which bans bail for convicts until...

Abed expresses happiness at release of kidnapped official

2007-12-10 00:00:00

BRAC Founder and Chairperson Fazle Hasan Abed expressed gratitude at the release of BRAC Area Manager Noor Islam, who was kidnapped in Afghanistan on September 16, reports UNB. In a message, Abed said, "I am particularly happy that Noor was...

Plan to facilitate small poultry farmers' access to proper farming management

2007-12-10 00:00:00

FE Report SouthAsia Enterprise Development Facility (SEDF), the International Finance Corporation (IFC) advisory services for South Asia, and BRAC will facilitate small poultry farmers' access to proper farming management and bio-security measures that will improve productivity, reduce costs and increase...

Inter-university debate contest begins at TSC

2007-12-10 00:00:00

DU CorrespondentThe four-day 'seventh inter-university anti-corruption debate competition-2007' began at the TSC auditorium of Dhaka University (DU) following a colourful rally Sunday. DU Debating Society (DUDS) and Transparency International Bangladesh (TIB) jointly organised the competition to galvanise youths against irregularity...

Govt-people efforts to help overcome problems in cyclone-hit areas: CA

2007-12-10 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Sunday expressed the hope that the broad-based national commitment, as reflected through united efforts in providing assistance to the cyclone victims, would help to overcome the situation. He said the outbreak of waterborne diseases, which...

BSF shoot Bangladeshi on Thakurgaon border

2007-12-10 00:00:00

THAKURGAON, Dec 9 (UNB): Indian Border Security Force (BSF) shot a Bangladeshi farmer at Fakirganj border in Pirganj Upazila Sunday morning.BDR sources said the BSF troops of Chayanganj camp opened fire on a group of Bangladeshi farmers in the morning...

1st SAARC Youth Camp 2007 begins in Savar today

2007-12-10 00:00:00

A four-day First SAARC Youth Camp 2007 begins in Savar today (Monday) in a bid to increase communication, cooperation and fraternity among the youths of the member countries, reports UNB. The youth camp also aimed at creating an opportunity for...