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Parliamentary polls roadmap by mid-July, says CEC

2007-07-01 00:00:00

GAZIPUR, June 30 (bdnews24.com): Chief election commissioner (CEC) ATM Shamsul Huda said Saturday that an election roadmap would be declared by mid-July to clear the way for the ninth national parliamentary polls to be held by end-2008. "We will declare...

People want to see united BNP, not split one: Khaleda

2007-07-01 00:00:00

BNP chairperson Khaleda Zia Saturday said people want to see a united BNP, not a split one, as it is the most popular party of the country, reports UNB.About the reform proposals placed by the party's some front ranking leaders,...

DSE move to update listing regulations

2007-07-01 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) has taken a move to update its listing regulations. The last revision in the regulations was made in 1998.The bourse has already made a primary draft on the changes now under review, sources said....

Passport issuance to be made hassle-free

2007-07-01 00:00:00

FE ReportThe interim government has decided to simplify the process of issuance and renewal of passports, making the existing rules and procedures easier.It is also considering options for extending the validity period of passports up to 10 years from the...

Production at Zia Fertiliser Factory suspended

2007-07-01 00:00:00

Production at Ashuganj Zia Fertiliser Factory in Brahmanbaria was suspended Saturday morning due to technical problem, reports UNB.The factory authorities suspended the production at about 8:00 am soon after the stock of ammonia, main component for producing urea, was exhausted....

5 killed in Faridpur road accident

2007-07-01 00:00:00

Five persons were killed and 37 others injured, 12 of them seriously, in a road accident on Dhaka-Barisal Highway at Pulia in Faridpur Friday mid-night. Police and fire service sources said, the accident occurred when a Dhaka-bound passenger bus from...

KCCI president sent to jail

2007-07-01 00:00:00

Khulna Chamber of Commerce and Industry (KCCI) President and BNP leader Shaharuzzaman Murtaza, arrested from his residence at Bhairabsthan in Khulna city Friday, was sent to jail Saturday. Metropolitan Magistrate Atiqul Haque gave the order after rejecting a bail petition....

Land official arrested for taking bribe

2007-07-01 00:00:00

SAVAR, June 30: Army personnel Saturday arrested a land official and his three associates while taking bribe from a landowner. Assistant land officer Abdul Munnaf Mullah, a former Tehshildar Syed Musa and two associates were arrested from the land office....

Petrobangla, Chevron at loggerheads over payment of Tk 300m 'tax on tax'

2007-07-01 00:00:00

Doulot Akter MalaState-owned Petrobangla and US-based oil company Chevron are at loggerheads over payment of Tk 300 million as 'tax on tax' to the national exchequer.The Chevron, which took over from Unocal in 2006, paid the amount as tax-on-tax over...

ADB to give $130m for governance improvement of public entities

2007-07-01 00:00:00

FE ReportThe Asian Development Bank (ADB) is likely to provide Bangladesh US$130 million worth of fund to improve the governance in different public entities, official sources said.An appraisal mission from the multilateral donor will arrive in Dhaka for an eight-day...

Govt to borrow Tk 72.53b thru' T-bills auction today

2007-07-01 00:00:00

FE Report The auction of treasury bills (T-bills) will be held today (Sunday) in the Bangladesh Bank (BB) to borrow net Tk 72.53 billion from banking system by the government during fiscal 2007-08. The central bank has already issued the...

Banks facilitate govt transactions on holiday

2007-07-01 00:00:00

FE Report All commercial banks remained open Saturday, the last working day of the current fiscal, to facilitate government transactions, including revenue collection.Clearing house and related departments of the Bangladesh Bank (BB) also functioned to facilitate the banking activities across...

40 fishermen missing as trawlers capsize in Bay

2007-07-01 00:00:00

BAGERHAT, June 30 (UNB): Some 40 fishermen went missing as 14 trawlers capsized in the Bay since Friday noon until early Saturday amid inclement weather.Sources said the 14 trawlers with 155 fishermen were overturned during the period by squalls triggered...

Govt to explore developed markets for manpower export

2007-07-01 00:00:00

Naim-Ul-KarimThe government will soon invite the authority concerned of Australia to visit Bangladesh to explore the possibility of manpower recruitment, sources said.Besides, the government is also planning to invite authorities concerned of some European, North American and Scandinavian countries, which...

developments in the region and abroad

2007-07-01 00:00:00

Date of N Korean reactor closure depends on six-party talks A UN nuclear inspector says the date when North Korea shuts down it nuclear reactor depends on discussions between Pyongyang and five other countries that signed a disarmament agreement, reports...

Kidnapped DANIDA man traced, rescue anytime

2007-07-01 00:00:00

BANDARBAN, June 30 (UNB): DANIDA project officer Hossain Shahid Sumon kidnapped by tribal miscreants six days ago has been located and his rescue is now a matter of time, claimed law enforcing agencies Saturday."The miscreants are now in Jinnahpara, Hindumukh...

Int'l tender for 3 large IPP plants in July

2007-07-01 00:00:00

The caretaker government is likely to invite international tenders in July for setting up three large independent power producer (IPP) plants, each with 450 megawatt (MW) capacity, reports UNB. The proposed plants, with about 1,350 MW total capacity, are 450...

Continue drive against corruption ‘without creating panic’

2007-07-01 00:00:00

FE ReportSpeakers at a roundtable discussion Saturday urged the government to continue the drive against corruption without creating panic among the businessmen for maintaining the sustainable economic growth.The participants said even small traders should not be panicky due to ongoing...

Warid goes to 7 more dists today

2007-07-01 00:00:00

Seven more districts are going to come under the mobile phone network of Warid Telecom, raising the number of districts Warid brought under its coverage to 42 from 35, reports UNB. The new districts to be brought under the network...

Government contemplating to allow indoor politics in limited scale: Law Advisor

2007-07-01 00:00:00

The costs of urbanization

2007-07-01 00:00:00

Two reports released late last week highlighted the problem of fast urbanization in Bangladesh, one of the world's most densely populated countries. While releasing the State of the World Population 2007, the representative of the United Nations Population Fund in...

Increased use of biogas in rural areas seen as vital

2007-07-01 00:00:00

Shahiduzzaman Khan writesBiogas, an alternative to conventional fuel oil or wood, is being increasingly used in Bangladesh. It is being used for cooking and other household purposes in mostly rural areas of the country. The consumers are now using it...

Europe's drift to mercantilism

2007-07-01 00:00:00

Wolfgang Munchau"Competition as an ideology, as a dogma, what has it done for Europe? Fewer and fewer people who vote in European elections and fewer and fewer people who believe in Europe."Nicolas Sarkozy at the recent EU summitAs European Union...

Effluent treatment plants at the fastest

2007-07-01 00:00:00

M M AhmedTHE rivers that flow through and past Dhaka city are in extremely burdened conditions from the carefree discharge of all forms of untreated effluents in them. Recent newspaper photos highlighted prominently the very degraded water quality of these...

Independent Election Commission

2007-06-30 00:00:00

A fair election commission(EC) is the prerequisite for a free and fair election. These incidents point to the fact that since 1991, results of all the national elections were rejected by the losing party alleging that those were rigged. The...

PSC can do it

2007-06-30 00:00:00

Qazi AzadIT was interesting to hear newly appointed Public Service Commission (PSC) Chairman Dr. Sadat Hossain answering some difficult questions in an interview programme of a local TV channel last Monday. He could not come up with satisfactory answers to...

Protectionist law hinders M&A growth

2007-06-30 00:00:00

Sundeep TuckerPROTECTIONIST legislation and management culture are the most serious obstacles to continuing growth in mergers and acquisitions (M&A) activity in the Asia-Pacific region, according to a survey published recently.More than 80 per cent of senior executives of major companies...

Monarchs in a republic

2007-06-30 00:00:00

Shamsuddin AhmedEVENTS of the past should be recalled by any serious nation in order to avoid repeating mistakes. Let us recall some such events here. An official move was made during the tenure of the first BNP government after 1990...

Congratulation to FE and suggestions

2007-06-30 00:00:00

It is delightful to see the new website of the Financial Express. The design and information now being provided in the site are noteworthy and appreciable. Particularly, the initiative to let the visitors of the FE on the web to...

Price rise

2007-06-30 00:00:00

EVEN coarse rice is now selling unthinkably at Taka 22-24 per kg. The prices of such varieties of rice were between Taka 16-18 last year. Thus, the hardships of poor people know no bounds.It is well known that the price...