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SSKOP allows govt two-week time

2007-08-15 00:00:00

FE Report Sangbadik Sramik Karmachari Oikya Parishad (SSKOP), an apex body of the professionals working in print and electronic media, has urged the government to announce the sixth wage board award immediately. The SSKOP will be bound to launch action...

Labour unrest in UMC Jute Mill

2007-08-15 00:00:00

NARSINGDI, Aug 14 (UNB): Over 2,000 workers of the UMC Jute Mill, the largest jute mill of the country, demonstrated on the mill premises this (Tuesday) morning, demanding their outstanding salaries and allowances.Witnesses said the workers, mostly of the morning...

Judgement on Aug 23

2007-08-15 00:00:00

The judgment in the graft case against former communications minister and BNP stalwart Nazmul Huda and his wife Sigma Huda will be delivered on August 23, reports UNB.Judge AK Roy of the special makeshift court at Jatiya Sangsad Bhaban, set...

Banks asked to fix lending rates at 12pc on import of 10 essential items

2007-08-15 00:00:00

Siddique Islam The Bangladesh Bank (BB) has instructed the commercial banks to fix the lending rates at a maximum of 12 per cent on import financing for 10 essential commodities to help curb the price hike of the essentials in...

Banks asked to fix lending rates at 12pc on import of 10 essential items

2007-08-15 00:00:00

Siddique Islam The Bangladesh Bank (BB) has instructed the commercial banks to fix the lending rates at a maximum of 12 per cent on import financing for 10 essential commodities to help curb the price hike of the essentials in...

Bangobandhu's anniversary of death today

2007-08-15 00:00:00

The 32nd martyrdom anniversary of Bangobandhu Sheikh Mujibur Rahman will be observed in the country today (Wednesday) with due respect and solemnity, reports BSS.On this day in 1975, Bangobandhu along with most of his family members was brutally assassinated at...

Over 53,000 ill with diarrhoea as diseases spread

2007-08-15 00:00:00

The death toll due to drowning, disease and snakebite during the flooding shot up to 443 with 38 more deaths reported in the last 24 hours to Tuesday morning, as millions of people continued to live in abject misery in...

Foot-dragging on gas-export issue: A blessing in disguise?

2007-08-15 00:00:00

Shamsul Huq Zahid It is little wonder that the strong exponents, local and foreign, of gas exports from Bangladesh to neighbouring India are no more heard or seen these days. With the key government leaders now cautioning about the possible...

SEC approves draft margin rules for merchant banks

2007-08-15 00:00:00

Refayet Ullah MirdhaThe Securities and Exchange Commission (SEC) approved Tuesday draft margin rules for the merchant banks for ensuring transparency in loan disbursement by them.The approval to the margin rules came at a SEC meeting. Earlier, the SEC accepted a...

NBR, BB to talk tax on income from savings tools

2007-08-15 00:00:00

FE ReportThe National Board of Revenue (NBR) will sit with the senior officials of Bangladesh Bank (BB) Sunday next to remove the confusions arising from its directive relating to the deduction of 10 per cent tax at source from the...

SC turns down govt plea against Hasina

2007-08-15 00:00:00

The Supreme Court (SC) Tuesday fixed August 16 (Thursday) as the date for the appeal-admissibility hearing preferred by the state to overturn the High Court orders, that granted bail to Awami League president Sheikh Hasina in an extortion case and...

BTRC fines pvt land phone co

2007-08-15 00:00:00

Bangladesh Telecommunications Regulatory Commission (BTRC) has realised Tk 40 million (4.0 crore) as fine from GEP Telecom, a private land phone operator, because of its failure to meet the roll out plan. According to the licensing conditions, a private telecom...

Biggest granular urea plant commissioned at Syedpur

2007-08-15 00:00:00

Jamuna Granular Urea Plant (JGUP), the biggest one of its kind in the country, went to commercial production of granular urea fertiliser at Bangladesh Small and Cottage Industry Corporation (BSCIC) township in Syedpur under Nilphamari. —BSS

Rupali Bank sale will get through: PC

2007-08-15 00:00:00

The Privatisation Commission Tuesday said the snags that hit the handover of state-run Rupali Bank to the Saudi prince would be over, reports bdnews24.com. The chairman of the commission, Abu Solaiman Chowdhury, said that prince Bandar Bin Mohammed Bin Abdul...

'Bangladesh has potential to grab 10pc of global IT outsourcing'

2007-08-15 00:00:00

A Z M AnasGlobal technology goliath Cisco has said Bangladesh can secure a sizable slice in the global outsourcing market, provided the policy framework is responsive to information technology (IT) businesses."You (Bangladesh) can easily capture 10 per cent share in...

No dithering over holding poll by declared timeline: CA

2007-08-15 00:00:00

RAJSHAHI, Aug 14 (UNB): Formally launching the national task of preparing the voter list from this northern city, Chief Adviser (CA) Fakhruddin Ahmed Tuesday said there is no room for hesitation and confusion over holding the parliamentary elections within the...

ACC begins inquiry into Khaleda's wealth, waits for court verdict on Hasina's notice

2007-08-15 00:00:00

The Anti-Corruption Commission has begun inquiry into the wealth of former Prime Minister Khaleda Zia as it will have to wait for the wealth statement of another former premier Sheikh Hasina until the Appellate Division's verdict in this connection, reports...

Former MP gets 10 years jail term

2007-08-15 00:00:00

RAJSHAHI, Aug 14 (bdnews24.com): A Rajshahi court Tuesday sentenced Nadim Mostafa to 10 years in prison on twin charges of extortion and capturing polling centres, but the former BNP lawmaker has to serve up to seven years as the jail...

S Arabia ready to send more relief for flood victims

2007-08-15 00:00:00

Saudi Arabia is ready to send more relief materials as per demand as the Saudi government wants to do whatever it can to help Bangladesh's flood victims, reports UNB.Charge d' Affaires of Saudi Embassy in Dhaka Sami Jamil Al Hindi...

Road show in city to entice investors for Bibiyana IPP

2007-08-15 00:00:00

FE ReportThe Power Division Tuesday organised a road show in the capital to entice potential investors for installation of a 450 megawatt (MW) gas-fired independent power plant (IPP) at Bibiyana in northern Sylhet.Two more similar road shows will also be...

Stock prices on DSE bounce back

2007-08-15 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Tuesday bounced back after buying-spree was created from a rumour about the re-introduction of netting facility among different categories of shares.On the day, the DSE-General Index (DGEN) crossed the highest at...

Why a competition policy

2007-08-15 00:00:00

THE market economy does not automatically promote fair competition among different producers of goods and providers of services. Nor does it automatically lead to advantages for the consumers in their purchases in respect of quality, price and choice. There may...

Income tax return and wealth statement

2007-08-15 00:00:00

Moazzem HossainAS the assessees start filing their individual tax returns for the current assessment year on the basis of their incomes during the last fiscal, 2006-07, it is important for all concerned to be candid and, thus, transparent about annual...

Short fly-over to reduce traffic jams

2007-08-15 00:00:00

Abul Ehsan ON having lived in Dhaka for decades, this city has become my New York. I feel the magnetic attraction of our national capital -- the capital of my heart -- wherever I go, whichever city in the east...

Rehabilitation of affected handloom sector

2007-08-15 00:00:00

Mohsin AliTHE level of damage done to the handloom industry by the flood in Sirajganj is apparently enormous. Floodwaters submerged the looms creating awe in many local small entrepreneurs. The weavers lost their yarn stock and cloths in the process...

Conducting the drive with delicacy and accuracy

2007-08-15 00:00:00

GENERALLY, businesses across the country have wholeheartedly welcomed the activities of the reconstituted caretaker government in taking a tough stand against all kinds of unethical, harmful and corrupt behaviour. It is also true that businesses who are engaged in their...

Supply of agro-inputs

2007-08-15 00:00:00

THE supply of basic agro-inputs such as fertilisers is noted to be a rather unreliable and corruption-riddled process nowadays. Besides fertilisers, farmers have been found facing difficulties in getting smooth supply of other inputs like seeds, irrigation water, diesel to...

Be informed

2007-08-15 00:00:00

A dispute settlement in married life that ends up in a divorce is like chopping off the head to cure the headache. Modern quacks do not exercise the blunt latter option being aware that the patient must remain alive first...

Development discourse and depoliticisation in Bangladesh

2007-08-15 00:00:00

Hasan MahmudDEVELOPMENT, as general knowledge defines it, is good and necessary, and by means of this the West has intervened, implementing all manner of development projects in the poor regions of the world. When these projects fail, as they do...

Langkawi in Malaysia, Cox's Bazar in Bangladesh

2007-08-15 00:00:00

Abdullah MohibuddinWHEN I first went to Kuala Lumpur ( KL ), Malaysia in 1984 for Crew training on BIMAN's DC-10 aircraft, at that time there was not any good hotels to stay at, and restaurants to eat at. But Dr....