FE Today Logo

Search results for:


Delwar slams CEC

2007-11-29 00:00:00

BNP Chairperson Khaleda Zia nominated Secretary General Khondoker Delwar Hossain has questioned the neutrality of the Chief Election Commissioner (CEC) over his remark on party registration, which he said was "unnecessary intrusion and unconstitutional." "It is not his job to...

BNP, Jubo Dal leaders nabbed

2007-11-29 00:00:00

BRAHMANBARIA, Nov 28 (UNB): Joint forces arrested two BNP and Jubo Dal leaders from Kandipara in the district town Tuesday.Acting on a tip-off, the joint forces raided the area in the evening and arrested district BNP Organising Secretary Sirajul Islam...

More individuals, organisations donate to CA's relief fund

2007-11-29 00:00:00

Thirty-three more individuals, institutions and national and international organisations Wednesday donated Tk 30,244,508 and US$ 1,504,000 to the Chief Adviser's Relief and Welfare Fund in aid of cyclone hit people, report agencies.Those who have donated fund until 2:30 pm today...

Ctg crack 270/4 against Rajshahi on day two

2007-11-29 00:00:00

Riding on a Nafees Iqbal ton, hosts Chittagong Division scored 270 for 4 in 77 overs against Barisal Division in the first innings at stumps on the second day of the sixth round four-day match at the Bir Shreshtho Shaheed...

Murali set to scale summit

2007-11-29 00:00:00

KANDY, Nov 28(AFP): Muttiah Muralitharan returns to his home town to become Test cricket's most successful bowler, a feat Australia denied him but England are unlikely to prevent. The spin wizard (35) begins Sri Lanka's first Test against Michael Vaughan's...

Bangladesh stumble again

2007-11-29 00:00:00

Touring Bangladesh Under-19 team went down in the five-match one-day series 0-2 after a huge 79-run defeat against Pakistan Under-19 side in the second one-day match at Niaz Stadium in Hyderabad Wednesday.Earlier, in the first one-day match Monday, Bangladesh made...

Corruption-free Bangladesh hinges on quality of future leadership: Mashhud

2007-11-29 00:00:00

FE ReportAnti Corruption Commission (ACC) Chairman Hasan Mashhud Chowdhury said Wednesday shaping Bangladesh as a corruption-free nation would largely depend on the quality of future leadership. "The matter with regard to shaping the future of Bangladesh depends largely on the...

Sidr aftermath and our tasks ahead

2007-11-29 00:00:00

Shahiduzzaman Khan Bangladesh is going to face a 'difficult challenge' in its history, given the devastating floods and cyclone, and the rocketing oil and commodity prices in the international market. Such views were expressed by the Asian Development Bank (ADB)...

'Citizen Charter' in two weeks to ensure NBR transparency

2007-11-29 00:00:00

FE ReportThe National Board of Revenue (NBR) chairman Muhammad Abdul Mazid said Wednesday the board will issue a 'Citizen Charter' within two weeks with a view to ensuring transparency in its operations.The board will introduce the charter with an objective...

BB to ask banks to give agri rural credit to Sidr survivors

2007-11-29 00:00:00

Siddique Islam The Bangladesh Bank (BB) will ask eight government-owned banks and financial institutions to intensify disbursement of fresh farm loan along with rural credit to all sections of cyclone-affected people. The central bank will take the move to ensure...

Storm warning system pays off

2007-11-29 00:00:00

Amy Yee, FT Syndication ServiceDHAKA: As Cyclone Sidr swept across the Bay of Bengal towards the coast of Bangladesh, 38-year-old shopowner Boni Amin Talukder paced through the remote village of Galachipa urging local people to seek refuge in concrete shelters....

Court frames charges against Hasina Dec 3

2007-11-29 00:00:00

A Dhaka court Wednesday set Dec 3 for hearing on charge framing on the Tk 30 million extortion case against former Prime Minister Sheikh Hasina and two others in presence of the accused in the dock, reports bdnews24.com. Dhaka Metropolitan...

Stock prices on DSE decline

2007-11-29 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to shed for the second consecutive day Wednesday as the Securities and Exchange Commission (SEC) cautioned investors that tough measures would be taken if the market continued to behave irrationally.Market...

Govt approves 1.2m tonnes of crude oil import

2007-11-29 00:00:00

The government Wednesday approved purchase of 1.2 million (12 lakh) tonnes of crude oil worth Tk 73.53 billion (7,353 crore) from Saudi Arabia and Abu Dhabi for 2008, reports bdnews24.com. The oil will be imported from Saudi Aramco, the state-owned...

PBL, Tania Cotton sign syndicated loan deal

2007-11-29 00:00:00

FE Report The Prime Bank Limited (PBL) signed Wednesday a syndicated term loan deal worth Tk 650 million with Tania Cotton Mills Limited (TCML). Ten private commercial banks and financial institutions including a foreign-owned bank participated in the financing under...

EC to re-demarcate some constituencies

2007-11-29 00:00:00

A top election official Wednesday said the Election Commission planned to re-demarcate some constituencies to equalise voter numbers. Election commissioner M Sakhawat Hossain told reporters that redrawing voter constituencies would begin in January in areas where voter numbers had become...

Nov 7 holiday abolished

2007-11-29 00:00:00

The 7th November holiday on National Revolution and Solidarity Day, marking the 'sepoy-people' uprising on this day in 1975, now stands abolished as per a new list of holidays. A meeting of the Council of Advisers of the caretaker government...

Entry of big cos to change stock market scenario: SEC chief

2007-11-29 00:00:00

FE ReportSecurities and Exchange Commission (SEC) Chairman Faruq Ahmad Siddiqi Wednesday said the scenario of the country's stock market will be changed with the entry of big companies by the next couple of years."It is very encouraging that investors' confidence...

Govt to divest part of IFIC Bank stake thru' stock market

2007-11-29 00:00:00

FE Report An official review meeting Wednesday decided to divest a portion of government-held share in the IFIC Bank through the share market by next one month.The government has 35 per cent share in the International Finance Investment and Commerce...

UK to channel relief support thru' NGOs

2007-11-29 00:00:00

FE ReportThe United Kingdom is reviewing Bangladesh's appeal for food aid by March next to help the cyclone Sidr-affected people overcome food insecurity.In a meeting with the country's donor groups Tuesday, Bangladesh sought delivery of 500,000 tonnes of food aid...

US plans to construct more cyclone centres

2007-11-29 00:00:00

As part of reconstruction plans, the US has a plan under a longer-term engagement to construct more cyclone centres in the coastal areas of Bangladesh that are routinely ravaged by natural disaster, reports UNB.US Agency for International Development (USAID) Mission...

Success of Israel-Palestine deal in Annapolis under question

2007-11-29 00:00:00

WASHINGTON, Nov 28 (Agencies): US Secretary of State Condoleezza Rice is pledging urgent follow-up work to Tuesday's Israeli-Palestinian agreement in Annapolis, Maryland to resume final-status peace negotiations after a seven-year interruption. President Bush meets Israeli Prime Minister Ehud Olmert and...

AL MP Rafique gets 10 yrs in jail, BNP MP Millat six years

2007-11-29 00:00:00

A Dhaka court Wednesday sentenced former AL lawmaker Md Rafiqul Anwar to 10 years in prison for illegal possession of firearms, whereas another special court sentenced former BNP lawmaker Rashiduzzaman Millat to six years for tax-dodge, reports bdnews24.com. Judge Matiar...

Banks avoid third currency in forex deals

2007-11-29 00:00:00

FE Report The use of any third currency in the foreign exchange market has been stopped following the order of the Bangladesh Bank (BB) to avoid such deals. "There was no deal in the market Wednesday using a third currency...

HSBC's three-phase step for Sidr survivors

2007-11-29 00:00:00

FE Report The Hongkong and Shanghai Banking Corporation (HSBC) has taken a three-phase initiative for rehabilitation of the Cyclone Sidr-affected people in coastal districts.This was disclosed by HSBC Bangladesh Chief Executive Officer (CEO) Steve Banner at a press conference held...

EC pledges to help overcome post-Sidr food deficit in Mar

2007-11-29 00:00:00

The Head of the Delegation of the European Commission (EC), Ambassador Dr Stefan Frowein, assured Bangladesh Wednesday of cooperation in overcoming any possible food deficit in March next due to the cyclone 'Sidr', which cut a swathe through standing crops...

Migrants, workers can carry $1500 while going abroad

2007-11-29 00:00:00

FE ReportThe Bangladeshi migrants and overseas workers from now will be entitled to carry 50 per cent of the 'annual travellers quota' of $3000 or its equivalent in foreign currency during their departure from the country.This means Bangladeshi nationals travelling...

Eight of 12 graft suspects seek more time to submit wealth statements

2007-11-29 00:00:00

Eight of the 12 corruption suspects, who were earlier issued notices to submit their wealth statements within seven working days, have applied to the Commission seeking extension of time by another seven working days, reports UNB.According to the Anti-Corruption Commission...

Musharraf steps down as head of Pak army

2007-11-29 00:00:00

RAWALPINDI, Nov 28 (Agencies): An emotional Pervez Musharraf stepped down as Pakistan's military commander Wednesday, a key step in his plan to continue as a civilian president and defuse a dangerous political crisis.Musharraf relinquished his post at a change of...

Trust Bank may do merchant banking also

2007-11-28 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) Tuesday allowed the Trust Bank to operate merchant banking activities and revised some rules relating to custodial services and portfolio management of merchant banks.The stock market regulatory watchdog at its regular meeting also...