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Govt to issue 2 new bonds, amend auction system

2007-06-25 00:00:00

Siddique Islam The government is going to issue two more bonds of 15-year and 20-year terms to boost the secondary bond market by creating new market players, official sources said. The Ministry of Finance will soon issue a directive with...

Probe bodies on Ctg landslides submit reports

2007-06-25 00:00:00

CHITTAGONG, June 24 (UNB): Recommending southward expansion of the port city outside the hills, two probe committees on the hill-slide disaster here prohibited brickfields within 10 kilometres and housing project within 5 kilometres of foothills of the district.In their reports...

Raid on Tarique's father-in-law’s house

2007-06-25 00:00:00

Joint forces Sunday evening raided the Dhanmondi home of the late rear admiral Mahbub Ali Khan, the father-in-law of Tarique Rahman, reports bdnews24.comBut the joint forces did not seize anything from the house, it has been learnt. Habibur Rahman, caretaker...

Govt reschedules educational institutes' timings

2007-06-25 00:00:00

The Caretaker Government has fixed new timings for the country's all government and non-government schools and madrasahs. Under the new timetable, the educational institutions having only one shift from 10:00 am to 4:00 pm, will now run from 8:00 am...

2 new commissioners appointed at BTRC

2007-06-25 00:00:00

Aliwardy Khandker and Munir Ahmed have joined Bangladesh Telecommunications Regulatory Commission (BTRC) as commissioners, a senior official said Sunday. They have filled in the vacant positions of BTRC's hierarchy, composed of five commissioners. Khandker is the immediate past chairman of...

Anti-smuggling metal cage agreed for Dhaka- Kolkata trains

2007-06-25 00:00:00

The government Sunday agreed to install 15-foot tall metal security cage to thwart smuggling in response to an Indian proposal for Dhaka-Kolkata direct trains. Allegations have it that smugglers carry cargo on the rooftop of trains. The new measure will...

IAEA allows Bangladesh to install nuclear power plant

2007-06-25 00:00:00

M Azizur Rahman The International Atomic Energy Agency (IAEA) has decided to allow Bangladesh to install nuclear power reactor.Energy and Power Adviser Tapan Chowdhury disclosed this Sunday while talking to a group of journalists at his office in the secretariat....

182 garment units yet to implement minimum monthly wages

2007-06-25 00:00:00

FE ReportAt least 182 garment factories across the country have not yet implemented the minimum monthly wages fixed by the government late last year, the BGMEA said Sunday.The unions, however, said 40 per cent of the country's more than 4,000...

Duty hike on machinery import may cause setback in textile investment

2007-06-25 00:00:00

FE ReportInvestment in the country's textile sector might face a severe setback if the government slaps 10 per cent duty on import of textile machinery as proposed in national budget for 2007-08 fiscal.President of the Bangladesh Textile Mills Association (BTMA)...

More Swiss investment to come if conditions are promising

2007-06-25 00:00:00

FE Report Bangladesh will be able to attract increased Swiss capital in future if Dhaka can create congenial environment for foreign investment, a senior diplomat of Switzerland said Sunday. "If conditions are promising, more Swiss investment will come," ambassador of...

Foreign office-level Indo-Bangla consultations begin today

2007-06-25 00:00:00

After a gap of over two years, India and Bangladesh will start foreign office-level consultations today (Monday) to discuss entire range of bilateral issues, including trade, transportation, border demarcation and security concerns, reports UNB. A four-member Indian delegation, led by...

Decision on duty-free export of 8m pcs apparel to India in a week or two

2007-06-25 00:00:00

The uncertainty over duty-free export of eight million pieces of apparel items from Bangladesh to India is likely to be resolved in a week or two, a meeting was told in the city Sunday, reports UNB.Indian High Commissioner in Dhaka...

TCB to appoint dealers at div hqs, DCC wards

2007-06-25 00:00:00

FE ReportThe state-run Trading Corporation of Bangladesh (TCB) will soon employ dealers in divisional headquarters to help government keep prices of most essentials stable during the holy month of Ramadan. "We have almost completed selection process for appointment of dealers...

Thaksin warned of further probes

2007-06-25 00:00:00

Amy Kazmin in Bangkok and Roger Blitz in London, FT Syndication ServiceThai authorities will not try to block the takeover of the English football team Manchester City by Thaksin Shinawatra, the ousted prime minister, but warned of further probes into...

DSE stocks mixed, turnover declines

2007-06-25 00:00:00

FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) remained mixed Sunday while the turnover declined.The DSE General Index (DGEN) and the All Shares Price Index (DSI) increased by 11.193 points and 9.347 points to 2098.296 and 1715.830 respectively....

Finance Adviser apprises President of budget 2007-08

2007-06-25 00:00:00

Finance Adviser Mirza Azizul Islam apprised President Iajuddin Ahmed of the budgetary measures for the fiscal 2007-08, ahead of its approval on June 28, reports UNB.Finance Secretary Muhammed Tareq and National Board of Revenue (NBR) Chairman Badiur Rahman accompanied the...

Call rate, dollar steady

2007-06-25 00:00:00

FE ReportThe inter-bank call money rate was steady Sunday despite withdrawal of large amount of cash through reverse repurchase agreement (repo) and treasury bills, fund managers said. The rate moved between 6.50 per cent and 10.00 per cent maintaining the...

Blair hands party power to Brown

2007-06-25 00:00:00

LONDON (Internet): Tony Blair finally handed the baton of power to Gordon Brown today at a special Labour party conference in Manchester.It was the moment the chancellor has waited 10 years to reach as Brown was finally crowned leader of...

Govt lifts ban on arms licences

2007-06-25 00:00:00

The government has decided to lift the restriction imposed earlier on issuing arms licences facilitating all government class-I officials to apply for licences complying with rules.The decision was taken at the seventh meeting of the Adviser's Council on Law and...

Elect qualified people for establishing true democracy, urges Dr Kamal

2007-06-25 00:00:00

NARSINGDI, June 24 (UNB): Gonoforum President and eminent lawyer Kamal Hossain has urged the countrymen to elect qualified people as representatives through a fair election for establishing a truly representative democracy in the country.He made the appeal while exchanging views...

Policy for electronic media stressed

2007-06-25 00:00:00

Speakers at a function in the city Sunday stressed the need for a strong policy to regulate country's electronic media, which are allegedly now haphazardly operating their activities.They made the observation while speaking at a function organised by the Bangladesh...

EC mulls enlisting 'enclave residents' as voters

2007-06-25 00:00:00

The Election Commission (EC) for the first time is going to enlist more than 0.30 million Bangladeshis living in 51 'enclaves' inside India as voters.Election Commissioner Shakhawat Hossain disclosed this in the city Sunday while talking to reporters after holding...

5 JCD men get 10 years RI each in explosives case

2007-06-25 00:00:00

CHITTAGONG, June 24 (UNB): A court here Sunday sentenced five Jatiyatabadi Chhatra Dal (JCD) activists to 10 years rigorous imprisonment (RI) each for unauthorised possession of bombs and other explosives.Of the convicts, only Mintu Chowdhury was present on the dock...

Falu allowed five-day fresh police remand

2007-06-25 00:00:00

Mosaddeq Ali Falu, former BNP lawmaker, was allowed five days police remand Sunday for the fourth time in the second case of misappropriation of relief goods, reports UNB. He was produced before the court in connection with the case of...

President, CA greet Croatian counterparts

2007-06-25 00:00:00

President Iajuddin Ahmed and Chief Adviser (CA) Fakhruddin Ahmed have greeted their Croatian counterparts Stjepan Mesic and Prime Minister Ivo Sanader respectively on the occasion of the statehood day of the country, reports UNB.In a message to the Croatian President,...

Cocktails blast leave one cop injured in judge's court

2007-06-25 00:00:00

NOAKHALI, June 24 (UNB): Five cocktails exploded in the judge's court here this morning when deposition of witnesses was being taken, leaving a police constable injured.Court sources said the cocktails which were placed in the court as evidence in an...

Rain may mar match

2007-06-25 00:00:00

COLOMBO, Jun 24 (AP): Sri Lanka is eagerly anticipating its first home Test series in almost a year starting tomorrow (Monday) but officials fear bad weather may be decisive in the three-Test series."We are certainly looking forward to the Test...

Dav lauds new-look Pakistan

2007-06-25 00:00:00

KARACHI, Jun 24 (AFP): World Cup-winning coach Dav Whatmore Sunday praised new-look Pakistan as "positive and confident" after being interviewed for the vacancy left by the late Bob Woolmer. Whatmore, who leads a three-man race for the position, hailed the...

Sumita emerges champ in 13-14 age group

2007-06-25 00:00:00

Sumita Rani Sarker of Narayanganj DSA emerged champion in the 13-14 age group of the Inter-district Women's Age Group Swimming Championship that concluded at the swimming pool of Dhanmondi Women's Complex in the city Saturday, reports UNB. Rani secured three...

Henin claims title at Eastbourne

2007-06-25 00:00:00

Justine Henin laid down a marker ahead of Wimbledon by beating reigning SW19 champion Amelie Mauresmo 7-5 6-7 (4-7) 7-6 (7-2) in the final at Eastbourne, reports BBC. Mauresmo seemed set for a repeat of her victory over Henin in...