FE Today Logo

Search results for:


ERD plea for involving local banks in USDA credit scheme

2007-10-17 00:00:00

Shakhawat Hossain The economic relations division (ERD) has urged the ministry of finance (MoF) to take initiative for obtaining the United States Department of Agriculture (USDA) sponsored credit scheme in favour of the local commercial banks, sources said.The ERD has...

I've no intentions to become president, says Moeen

2007-10-17 00:00:00

LONDON, Oct 16 (UNB): Army Chief General Moeen U Ahmed here Tuesday dismissed speculations about his becoming president, saying that he has no such intentions."Many questions are lurking in many people's minds, but time will give answers to all those...

Noted journalist Obaidul Haque passes away

2007-10-17 00:00:00

Renowned journalist Obaidul Haque died of old-age complications in the city Saturday. He was 96, reports UNB.Haque had been hospitalised for the last couple of days and returned home at 12:30pm on the same day, ahead of holy Eid-ul-Fitr. He...

Bangladesh needs to improve physical infrastructure: ADB

2007-10-17 00:00:00

FE ReportThe Asian Development Bank (ADB) is set to augment support for developing Bangladesh's infrastructure to sustain higher growth of gross domestic product (GDP) and to facilitate faster poverty reduction."Bangladesh needs to significantly improve its physical infrastructure including power, ports,...

Rich nations could do more to help poor

2007-10-17 00:00:00

Alan Beattie, FT Syndication ServiceLONDON: Help from rich governments to the developing world has marginally improved but is still held back by policies on global warming, migration and security, according to a study by a leading think-tank.The "commitment to development...

$14.5b export target set for current fiscal

2007-10-17 00:00:00

FE ReportThe government has set the country's export target for fiscal 2007-08 at $14.50 billion, a rise of 19.07 per cent over the previous fiscal.An inter-ministerial meeting, headed by adviser of the Ministry of Finance and Commerce, AB Mirza Md...

Eid-ul-Fitr celebrated

2007-10-17 00:00:00

Millions of Muslims in the country Sunday prayed for the nation's peace and progress and unity of the Muslim ummah as the holy Eid-ul-Fitr was celebrated with enthusiasm and religious fervour and pledge to establish a corruption-free democratic society, reports...

Rice import gets cabinet body nod

2007-10-17 00:00:00

The cabinet committee on public purchase Tuesday cleared import of 50,000 tonnes of rice, an adviser said, reports bdnews24.com. After a meeting of the committee, Finance Adviser AB Mirza Azizul Islam said the move was meant to deal with any...

EU inspection team arrives

2007-10-17 00:00:00

A two-member inspection team of the European Union (EU) arrived in Dhaka Tuesday to visit the country's existing fish processing plants and examine the quality control measures. The EU delegation came from food and veterinary office in Brussels for a...

Durga Puja festival begins today

2007-10-17 00:00:00

The five-day celebration of Durga Puja, the major Hindu religious festival, begins today (Wednesday). The goddess Durga arrives from her husband's domain to her father's on this day of Shashthi and will return on the day of Dashami riding an...

Tailor master stabbed to death in city

2007-10-17 00:00:00

Muggers stabbed to death a tailor master in the city's Mirpur area early Sunday. Victim Hasmat Ali Sheikh (50), a master of 'The New Style Tailor' located behind Mirpur police station, was returning home at 67 Baro Bagh from his...

Emerging giants urged to invest in Bangladesh's infrastructure sector

2007-10-17 00:00:00

FE ReportDhaka has urged upon Asia's emerging economic giants to invest in Bangladesh's infrastructure sector, capitalising on its regulations that allow public private partnership.The call was made by a top communications official at the Asia-Pacific Ministerial Conference on public-private partnership...

SASEC nations agree to collaborate on mega subregional ICT project

2007-10-17 00:00:00

Naim-Ul-KarimBangladesh, Bhutan, India and Nepal have agreed to collaborate on a mega sub-regional Information Communication Technology (ICT) project aiming to improve connectivity, reduce cost of business and expedite the economic growth of those countries.Sources said the agreement by the South...

India's PM struggles over US nuclear deal

2007-10-17 00:00:00

Jo Johnson,FT Syndication ServiceNEW DELHI : Manmohan Singh, India's prime minister, has been forced to tell the US president, George W. Bush, that his government is struggling to win domestic support for a historic nuclear agreement between their two countries....

New rules for Bangladeshi job-seekers in UAE soon

2007-10-17 00:00:00

FE Report Bangladeshi workers seeking employment in the UAE will have to provide qualification and experience certificates before being offered jobs, according to new rules expected to come into force shortly. "New workers coming to the UAE for employment should...

US trio wins Nobel economics prize

2007-10-17 00:00:00

NEW YORK, Oct 16(Agencies): Three US economists, one of them a 90-year-old professor emeritus from Minnesota, will share this year's Nobel prize in economics for their work on how people's knowledge and self-interest affect their behavior in the market or...

First Solutions wants BB nod to resume operations

2007-10-17 00:00:00

FE Report The London-based First Solution Money Transfer Limited has sought fresh permission from the central bank of Bangladesh to revive their remittance business with local corresponding banks. Representatives of the new management of the money transfer company have already...

Putin warns US against attacking Iran

2007-10-17 00:00:00

TEHRAN, Oct 16(AP): Russian leader Vladimir Putin met his Iranian counterpart Tuesday and implicitly warned the U.S. not to use a former Soviet republic to stage an attack on Iran. He also said nations should not pursue oil pipeline projects...

Offices, banks reopen after Eid vacation

2007-10-17 00:00:00

After the Eid-ul-Fitr vacation, government offices, banks and newspaper offices reopened Tuesday amidst festival fever, reports UNB.Attendance in offices was remarkably thin as many officials and employees were enjoying one-day optional holiday. Those who attended offices were seen exchanging Eid...

Voter listing at 200 city registration centres from Dec 1

2007-10-17 00:00:00

The Election Commission is going to embark on the most arduous task of preparing voter-list with photograph at around 200 registration centres of the Dhaka City Corporation (DCC) on December 1, reports UNB.Election Commissioner M Sohul Hussain told the press...

Call rate remains stable after Eid, dollar gains ground

2007-10-17 00:00:00

FE Report The inter-bank call money rate remained stable Tuesday, the first working day after the Eid-ul-Fitr festival, despite internal adjustment of funds by some banks and non-banking financial institutions. The call rate ranged between 6.50 per cent and 12.00...

developments in the region and abroad

2007-10-17 00:00:00

Oil prices near $87VIENNA, Oct 16 (Internet): Oil prices rose Tuesday on fears that Turkey will pursue Kurdish rebels into Iraq and disrupt oil supplies in the region.A weakening dollar, low U.S. crude inventories and increased buying by investment funds...

World Food Day observed

2007-10-17 00:00:00

The World Food Day was observed in the country Tuesday with a call to ensure the right to food for all and eradicate hunger and poverty from the world, reports BSS.The theme of the Day was 'The Right to Food'...

Twenty-one killed in separate incidents

2007-10-17 00:00:00

Twenty-one persons were killed and many others injured in separate incidents in different places of the country during the last four days, report agencies.In Kushtia, an extortionist was killed in a mass beating at Harishankarpur on the outskirts of the...

Uninterrupted supply of power, water to puja mandaps demanded

2007-10-17 00:00:00

The leaders of Mahanagar Sarbajanin Puja Committee urged the government for an uninterrupted electricity and water supply to the Puja mondops during the five-day Durga Puja, the greatest religious festival of the Hindu community, beginning today, reports BSS. Mahanagar Sarbajanin...

Dr MA Hadi passes away

2007-10-17 00:00:00

Professor Dr MA Hadi, former vice- chancellor of Bangabandhu Sheikh Mujib Medical University (BSMMU) and president of Bangladesh Medical Association (BMA), died of a cardiac arrest at Ibn Sina Hospital early Tuesday morning, reports BSS.He was 68.Prof Hadi is survived...

Indian Navy Ship KARMUK arrives Chittagong

2007-10-17 00:00:00

The Indian Navy Ship KARMUK commanded by Commander Suraj Berry VSM arrived in Chittagong today on a goodwill visit to Bangladesh, reports BSS.According to an ISPR press release, the visiting ship has a complement of 13 officers, four under training...

Death anniversary

2007-10-17 00:00:00

The second death anniversary of founder of Bangladesh General Insurance Company Limited (BGIC) M A Samad will be observed today ( Wednesday). On this occasion his family members and BGIC family have requested all friends, well-wishers and relatives to pray...

Qulkhwani

2007-10-17 00:00:00

The qulkhani of social worker Sufia Chowdhury will held at Baitul Aman Mosque at Road no-7 at Dhanmondi at 4.30 pm Friday, reports BSS.She left behind two sons and four daughters. Safia was an activist of Bangladesh Mohila Parishad since...

Principal Altamashul Islam dies

2007-10-17 00:00:00

Altamashul Islam, a language veteran and former principal of Habibullah Bahar College, died of old age complication at his residence in the city Monday, reports BSS.He was 75, family sources said.Educationist Altamashul was also founder principal of six other colleges...