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EMRD seeks law ministry's opinion on Asia Energy investment offer

2007-09-30 00:00:00

FE ReportThe Energy and Mineral Resources Division (EMRD) has sought further clarification from the law ministry over the investment proposal of the UK-based Asia Energy involving US$ 2.5 billion to develop Phulbari coalmine in the country's northern Dinajpur."The law ministry...

Libya wants to recruit 2000 manpower from Bangladesh

2007-09-30 00:00:00

Naim-Ul-KarimOil rich North African country--Libya-- has expressed interest to recruit over 2000 skilled and semi-skilled manpower from Bangladesh soon at the government level, sources said.They said the authorities concerned of the Libyan government have sent a draft Memorandum of Understanding...

Foreign participation key to gas sector development: ADB

2007-09-30 00:00:00

FE ReportThe Asian Development Bank (ADB) has identified five key challenges for Bangladesh as far as the development of its gas sector is concerned.Gas exploration, development, and enhancement of production capacity effort need major acceleration, it said."The estimated capital required...

Delwar favours issue-based movements even with AL

2007-09-30 00:00:00

BNP secretary general Khandaker Delwar Hossain said Saturday he saw no reason the main parties could not work together on 'issue-based movements', reports bdnews24.com. "Despite having no similarities in policies or ideals, issue-based movements can be launched with any party,...

7 teachers yet to submit thesis to UGC despite receiving grants

2007-09-30 00:00:00

FE ReportDespite taking money in time, seven teachers of different public universities have not yet submitted their research thesis to the University Grants Commission (UGC) even a year after the stipulated time.UGC sources said, some 11 teachers of public universities...

Cell phone users to reach 50m in three years

2007-09-30 00:00:00

FE Report GrameenPhone, the country's largest mobile phone operator, is expecting the country's cell phone users to reach 50 million within the next two to three years and urged the authorities to harmonise the transmission frequency allocation to keep pace...

Piracy in Bangladesh irks WTO, US

2007-09-30 00:00:00

Foreign films, music, and software etc are being pirated in Bangladesh at unprecedented levels, which has drawn fire from both the World Trade Organisation (WTO) and the United States (US) government, reports bdnews24.com. The US Trade Representative recently included Bangladesh...

Dollar stable, call rate steady

2007-09-30 00:00:00

FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Saturday in the inter-bank foreign exchange market with moderate demand for the greenback. The inter-bank call money rate was also steady in an active market, fund managers said.The market...

developments in the region and abroad

2007-09-30 00:00:00

US conducts successful missile defence test WASHINGTON, Sep 29 (DPA): The US military has conducted a successful test of its ballistic missile defence system planned for deployment to Eastern Europe, a spokesman said. The target missile was launched from Alaska's...

Sitakunda man dies in voter-listing brawl

2007-09-30 00:00:00

A youth died in beatings, blamed on security forces, during voter listing at Mohalonga Primary School in Sitakunda Saturday, local people said.

Basundhara chairman gets 8 years for tax-dodge

2007-09-30 00:00:00

A Dhaka special judge's court Sunday sentenced Basundhara Group chairman Shah Alam to eight-year imprisonment on twin charges of concealing wealth information and evading tax. The court also fined him Tk 8.3 crore or the convict will have to serve...

Khaleda bailed, GATCO case stayed

2007-09-30 00:00:00

The High Court Sunday awarded bail to former prime minister Khaleda Zia in the GATCO scam case. The court also halted the proceedings of the case under the emergency powers rules. A lawyer for the detained former prime minister Thursday...

Dealing with members of 'aggyan' and 'malam' gangs

2007-09-30 00:00:00

WITH the holy Eid-ul-fitr, one of the most important religious festivals of Muslims, nearing, the Dhaka city is buzzing with business activities as usual. Eid-shoppers are crowding the streets and marketplaces much to the delight of the traders. But this...

Reforms add new dimension to Chittagong Port

2007-09-30 00:00:00

Shahiduzzaman KhanSome positive developments are taking place at the country's premier seaport. Once known as perennially dangerous, many ocean-going vessels are now favouring the port for calling at. Vibrancy in multiple activities has added new dimension to the port.The Chittagong...

Streamlining operations of manpower recruiting agents

2007-09-29 00:00:00

Ripan Kumar Biswas from New YorkI met him at Seoul, South Korea. He is Ehsan, a 27-year old Bangladeshi young man. His face was burnt as because he used to work with acid in a mobile phone's key pad-making factory...

World Tourism Day: How the door opens for women

2007-09-29 00:00:00

Shaker Hussain WORLD Tourism Day 2007 was observed Thursday (September 27) with the theme -- "Tourism opens doors for Women" -- to celebrate women's achievement in the tourism sector and encourage continuous action in support of the United Nations' Millennium...

AIDS mushrooms through gender-based violence and discrimination

2007-09-29 00:00:00

Anirudha AlamTHE conventional gender roles that underpin sexual inequality and violence are entrenched by dyed-in-the-wool social norms. So women are always in the vicious circle of vulnerability to HIV/AIDS. It is an essential fact that gender-based violence is a key...

How a state of mind abets market instability

2007-09-29 00:00:00

Richard Taffler and David Tuckett WHAT caused the credit bubble? The current debate lacks analysis of the role emotions play in financial activity. The new discipline of emotional finance aims to show how emotion drives investors' behaviour. It draws on...

Operationalising 'Aid for Trade' initiative

2007-09-29 00:00:00

Ensuring equitable benefits from an inclusive process of globalisation is a pressing priority in order to enable the less developed economies reap the best dividends out of trade liberalisation. In this context, the need for restructuring the aid policy of...

Deadly blood transfusions

2007-09-29 00:00:00

Rafiqul IslamTRANSFUSION of unscreened blood obtained from so-called blood banks poses a grave threat to public health. Lately, it has been reported in the media that professional blood sellers are freely able to sell their blood in the old part...

The prospects of renewable energy

2007-09-29 00:00:00

Mahmudul HasanA report in this paper sometime ago stated that the World Bank is likely to provide US$ 90 million to Bangladesh as funds for a project designed to bring remote areas of the country under electrification. Indeed, such renewable...

A foreign remittance approach to development

2007-09-29 00:00:00

Md Bayazid SarkerJUST after World War-II, the World Bank or International Bank for Reconstruction and Development (IBRD) was born in the Bretton Woods Conference in 1944. Since then, World Bank has been working as a development partner of developing countries...

Combating air pollution in the city

2007-09-29 00:00:00

REPORTEDLY, air pollution in Dhaka city still afflicts on average 150,000 people every year. The figures point to the acute necessity of further introducing and enforcing existing rules and regulations against air pollution for reducing the number who get exposed...

Jute sector needs a focused strategy for survival

2007-09-29 00:00:00

CLEAR policy decisions are needed about the jute sector. There is a debate going on over the operational viability of the country's jute industry. The fact that the jute mills in the public sector have been responsible for a colossal...

Trading ritual and reality

2007-09-29 00:00:00

Alan BeattieIt has become a familiar sight. Two beaming trade ministers side-by-side at a table sign a weighty dossier of papers in the glare of television lights. Banalities are exchanged about the bonds of commerce and friendship that link whichever...

Regulatory harmony is in the air

2007-09-29 00:00:00

Jeremy GrantWhen Britain's Queen Elizabeth visited the US state of Virginia this year, she marked the quadricentennial of Jamestown, the first permanent English settlement in America. The visit rekindled an old connection between the City of London and the US,...

Bottled water and the madness of crowds

2007-09-29 00:00:00

Michael SkapinkerThe walk from the FT to the Savoy Grill was longer than I remembered. It was a warm London day and I was running late. Arriving, I discovered to my relief that my lunch companion was running even later....

Comics who laugh all the way to the bank

2007-09-29 00:00:00

Luke Johnson I always say to foreigners that if they want to understand the British they need to realise the importance we place on a good sense of humour. But enjoying a laugh is not just about having fun: it...

The best US weapon against Iran is diplomacy

2007-09-29 00:00:00

John Burroughs On Friday at the United Nations, Secretary of State Condoleezza Rice was to discuss strategy regarding Iran's nuclear program with her counterparts from Britain, France, Germany, Russia and China. What is needed is not another UN Security Council...

Credibility of Malaysian judiciary on life support

2007-09-29 00:00:00

On May 27, 1988, then-prime minister Mahathir Mohamad, his party faced with a legal challenge from rivals that threatened his leadership, summoned Malaysia's top judge, Salleh Abas, and gave him an ultimatum: resign or face a judicial tribunal. That secret...