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AL will propose some recommendations to EC

2007-10-26 00:00:00

Awami League (AL) will propose some recommendations for holding a fair and acceptable election when the party meets the Election Commission (EC) on November 4 to discuss electoral reforms, reports UNB."We will place some realistic recommendations to the EC during...

Bangladesh strongly condemns PKK attacks on Turkish troops

2007-10-26 00:00:00

Bangladesh strongly condemned the attacks on Turkish troops by terrorists belonging to the Kurdistan Workers Party (PKK).Talking to journalists, Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury observed, "Turkey has been demonstrating remarkable patience which could understandably run out if the...

Malaysian king for availing of training facilities

2007-10-26 00:00:00

Malaysian King Yang di-pertuan Agong XIII, Al-wathiqu Billah Tuanku Mizan Zainal Abidin ibni Al-Marhum Sultan Mahmud Al-Muktafi Billah Shah stressed that Bangladesh should avail of the training facilities offered by Malaysia under Malaysian Technical Cooperation Programme (MTCP). The Malaysian King...

Jamaat doubts polls on time, says no war criminals in country

2007-10-26 00:00:00

Jamaat-e-Islami said Thursday there was no anti-liberation force or war criminals in the country and doubted the polls would be held on time, reports bdnews24.com. "There is no war criminal in Bangladesh. Only 191 war criminals of the Pakistan Army...

DUTA's meeting today to review campus situation

2007-10-26 00:00:00

DU CorrespondentDhaka University Teachers' Association (DUTA) will hold a meeting today (Friday) to review the overall situation of the campus and make request to the government again to release its jailed teachers before resuming classes Sunday.The meeting of the association's...

Bangladesh-US joint air exercise begins

2007-10-26 00:00:00

A week-long joint air exercise of Bangladesh Air Force (BAF) and United States (US) Marine Force began at Kurmitola's BAF Base in the city Wednesday, reports UNB.The main objective of the 'Exercise Sumo Tiger-2007' is maintaining peace and stability in...

Foreign adviser meets President

2007-10-26 00:00:00

Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury made a courtesy call on President Iajuddin Ahmed at Bangabhaban in the Thursday, reports UNB.The foreign adviser apprised the President of various issues relating to his ministries.The adviser also informed the President that...

Hannan vows to free Khaleda before Eid

2007-10-26 00:00:00

NAOGAON, Oct 25 (bdnews24.com): BNP chairperson Khaleda Zia's adviser ASM Hannan Shah said Thursday they would free the party chief from jail through legal course before Eid ul-Azha. His announcement may sound ambitious to many, but Hannan, a retired brigadier,...

Interest rates on bank deposits decline but lending rates static

2007-10-26 00:00:00

FE Report The country's banking sector experienced a declining trend in interest rates on deposits during the current month while the lending rates on banks credits remained almost unchanged. At least eight commercial banks have slashed their deposit rates while...

Titas Gas to offload 25pc shares by Dec

2007-10-26 00:00:00

FE ReportThe Titas Gas Transmission and Distribution Company Limited (TGTDCL) will float 21.55 million shares worth Tk 2.16 billion through stock market by December this year, sources said.The TGTDCL, a subsidiary of the state-owned oil, gas and mineral corporation Petrobangla,...

Govt eyes private sector experts to help tax policy unit

2007-10-26 00:00:00

Shakhawat Hossain The government may go for outsourcing for experts from the private sector to run the proposed tax policy unit (TPU) aiming to achieve 0.4 per cent revenue growth proportionate to that of the annual gross domestic product (GDP),...

Dhaka, Delhi agree to exchange information about terrorists

2007-10-26 00:00:00

Bangladesh and India Thursday agreed to exchange information about the terrorists, and reached a consensus on completing development works within 150 yards of the zero-line considering the interest of the local people across the common border, reports UNB.The consensus came...

Zillur demands reinvestigation in extortion case against Rehana

2007-10-26 00:00:00

Acting president of Awami League Zillur Rahman Thursday demanded reinvestigation in the extortion case against Sheikh Rehana, as "the case is false, fabricated and malafide," reports UNB.He said the investigation was "wrong" since the High Court, upon a writ petition,...

Oil prices head back toward $90

2007-10-26 00:00:00

NEW YORK, Oct 25 (Internet): Oil prices surged within touching distance of record highs after an unexpected fall in US crude stockpiles fanned winter supply fears. US light sweet crude added $1.62 to $88.72, having earlier touched $89, and is...

ADB wants govt to forge greater partnership with private sector

2007-10-26 00:00:00

FE ReportThe Asian Development Bank (ADB) wants the government to forge greater partnership with private entrepreneurs in promoting the country's power sector. To that end, the Manila-based lender has assigned PriceWater House Coopers (PwC), a global consultancy, to conduct a...

Taskforce camps at Titas Bhaban

2007-10-26 00:00:00

A team of the army-led special taskforce, engaged in the current anti-corruption drive, Thursday stormed into Titas Bhaban, and camped there to monitor the gas-marketing company's activities, as they have got complaints, reports UNB.Witnesses said, the taskforce troops, led by...

Arrest order issued against Hasnat Abdullah

2007-10-26 00:00:00

A Dhaka court Thursday issued an arrest order against AL leader and former chief whip Abul Hasnat Abdullah in a tax evasion case filed by the National Board of Revenue (NBR), reports bdnews 24.com. Assistant tax commissioner Md Shafiul Azam...

No decision yet on extension of deadline

2007-10-26 00:00:00

FE ReportFurther extension of individuals' tax return submission deadline is likely, in response to the requests that the National Board of Revenue (NBR) has earlier received from different quarters including individuals and trade bodies.However, no decision has yet been taken...

32 pro-reformist MPs show loyalty to Khaleda

2007-10-26 00:00:00

Some 32 MPs of BNP known as pro-reformists met with Secretary General Khandkar Delwar Hossain Thursday to demonstrate unity in the party and their unflinching loyalty to the leadership of Khaleda Zia who is now in jail on charge of...

Joint forces release Proshika chief, son

2007-10-26 00:00:00

Joint forces detained and then released Proshika chief Kazi Faruque Ahmed and his son early Thursday morning after raiding his home, reports bdnews24.com. They also raided the homes of former state minister Jahanara Begum and former Awami League lawmaker Rahmatullah...

Paulson backs India financial reforms

2007-10-26 00:00:00

Krishna Guha and Edward Luce FT Syndication ServiceWASHINGTON: Hank Paulson, the US Treasury Secretary, on Wednesday threw his weight behind plans to turn Mumbai into an international financial centre in a speech ahead of his first official visit to India...

Thai investment team due shortly

2007-10-26 00:00:00

A high-powered investment delegation from Thailand will visit Bangladesh shortly to explore possible investment opportunities in the country as Thai investors expressed their interest in this connection at a seminar in the Thai capital of Bangkok Wednesday. They consider Bangladesh...

Kuwait likely to ease curbs on Bangladeshi workers

2007-10-26 00:00:00

Bangladeshi workers of some categories in Kuwait will soon be able to change their jobs under the same sponsor as the Kuwaiti government has decided to withdraw restriction on transfer of residency. For instance, domestic workers can be transferred to...

Govt to bring back remains of Bir Shrestha Hamidur

2007-10-26 00:00:00

The government has moved to bring back to the country the remains of Liberation War martyr Bir Shrestha Hamidur Rahman from the Indian state of Tripura. Liberation War Affairs Adviser MA Matin told reporters after a meeting in the ministry...

Primary inquiries find nothing against Khaleda

2007-10-26 00:00:00

Primary inquiries of the Anti-Corruption Commission (ACC) found nothing to prove allegations of corruption against detained former Prime Minister Khaleda Zia involving Magurchara gas-field and Occidental Oil and Gas Corporation, and lease of Phulbari coal-mine to Asia Energy, reports UNB."The...

BGMEA eyes $18b export in next 3 years

2007-10-26 00:00:00

Setting an export target of ready-made garment (RMG) worth $15-18 billion dollars in the next three years, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is going to hold its three-day apparel and textile exhibition in the city on November 15,...

BTTB reduces call charges, line rents

2007-10-26 00:00:00

FE ReportThe Bangladesh Telegraph and Telephone Board (BTTB) Thursday reduced various call charges and line rents for the benefit of its customers, said a BTTB press statement.The decision on the change in call charges will be effective from November 1...

BB branch offices asked to hold meetings of banks-trade bodies

2007-10-26 00:00:00

FE Report The Bangladesh Bank (BB) Thursday asked its seven branch offices to arrange meetings with the commercial banks and local trade bodies aiming to increase competition in import through encouraging small importers. The central bank took the move in...

Stocks bounce back after three days of fall

2007-10-26 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Thursday bounced back after three days of fall due to profit-taking by investors.Market operators said prices of shares mainly gained on the day when the investors came with huge fund after...

Pilot project of voters' list with photo, ID card begins in city

2007-10-26 00:00:00

Work on the pilot project for preparing voters' list with photograph and national identity (ID) card at Dania under Shyampur thana of the city began Thursday, reports UNB.Chief of General Staff of Army Major General Sina Ibn Jamali inaugurated the...