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CHPD organises seminar at IUB

2007-11-16 00:00:00

FE ReportThe Centre for Health, Population and Development (CHPD) organised a seminar on "Global Warming and Green House Gas Mitigation" on the campus of Independent University, Bangladesh (IUB) in the city Tuesday. IUB Vice Chancellor Professor Bazlul Mobin Chowdhury presided...

Govt all set to face SIDR ravages: CA

2007-11-16 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Thursday announced that the government is all set to face the approaching cyclone SIDR, report bdnews24.com and UNB."A terrible cyclone is rushing towards the country. The government is all set to face the disaster," he...

Hurricane strikes coastline

2007-11-16 00:00:00

BAGERHAT, Nov 15 (UNB): With its full fury, the hurricane SIDR packing a terrible wind speed of up to 240 kph pounded on Dublarchar and Hironpoint near the Sundarbans Thursday night.All communications with Dublarchar, a remote island in the Bay,...

Inclement weather paralyses public life

2007-11-16 00:00:00

FE ReportIncessant rain, accompanied with strong winds, swept through most parts of the country Thursday under the impact of the hurricane -- SIDR -- in the Bay of Bengal. The inclement weather has disrupted public life in the capital and...

Ctg port, airport operations suspended

2007-11-16 00:00:00

Operations of Chittagong Port and Shah Amanat International Airport remained suspended, as the severe cyclone 'SIDR' with a core of hurricane winds has been advancing closer to the country's coast, report bdnews 24.com and UNB.Sources said, all activities were suspended...

Operational responsibilities of NCBs handed over to new board of directors

2007-11-16 00:00:00

FE ReportOperational responsibilities of three nationalised commercial banks (NCBs) have been handed over to their newly appointed boards of directors to run the banks independently under corporate arrangement.Three separate agreements to this effect were signed Thursday between the government and...

Investment-friendly environ to be established: CA

2007-11-16 00:00:00

FE ReportChief Adviser Fakhruddin Ahmed inaugurated the three-day 18th Bangladesh Apparel and Textile Exposition (BATEXPO)-2007 Thursday assuring the business community of his interim government's determination to establish investment-friendly environment and boost the national economy.He said his administration has been working...

MCCI for inclusion of judicial member in tribunal benches

2007-11-16 00:00:00

FE ReportThe Metropolitan Chamber of Commerce & Industry (MCCI) has reiterated its call to the National Board of Revenue (NBR) for reconstituting the Tribunal benches by inclusion of a judicial member in each bench in order to help make qualitative...

Burma likely to escape censure by Asean

2007-11-16 00:00:00

John Burton in Singapore and Amy Kazmin in Bangkok, FT Syndication ServiceGeorge Yeo, Singapore's foreign minister, has compared next week's annual summit of the Association of South East Asian Nations, to be held in the city-state, to a family gathering....

Ex-minister Tuku jailed for 9 yrs

2007-11-16 00:00:00

A special court trying high-profile corruption suspects Thursday sentenced detained former state minister for power Iqbal Hassan Mahmood Tuku for nine years in a case filed by the Anti-Corruption Commission (ACC), reports UNB.He was sentenced to two years simple imprisonment...

Dhaka taking steps to bring back siphoned off money from abroad

2007-11-16 00:00:00

FE Report Bangladesh has taken preparation to apply for membership of the Egmont Group, which will facilitate exchange of information with central banks of other countries on bringing back money siphoned off by "corrupt" persons in the past few years.The...

DSE benchmark index crosses new milestone

2007-11-16 00:00:00

FE ReportThe benchmark index of the country's premier bourse, Dhaka Stock Exchange (DSE), crossed a new milestone Thursday thanks to strong buying support from both institutional and retail buyers in a rising market.The DSE General Index (DGEN) crossed the 3,000...

Country's manpower export expanding daily

2007-11-16 00:00:00

Some 4,85,000 Bangladeshi workers have gone abroad on employment until November 14 this year, according to the Ministry of Expatriates' Welfare statistics. Everyday on an average 2,500 to 3,000 are departing for their destinations. So far 7,09,000 have been cleared...

Three transport workers killed in city road accident

2007-11-16 00:00:00

Three transport workers were killed in a road accident on the Airport Road in the city's Khilkhet area just after Wednesday midnight. The deceased were identified as bus helper Sajib (28) and two conductors - Ripon (20) and Delwar (20)....

Four to go to gallows for murder in Sirajganj

2007-11-16 00:00:00

RAJSHAHI, Nov 15: A speedy trial court here Thursday sentenced four persons to death for killing a minor boy after abduction in Sirajganj. The convicts are Ershad Ali, Ashraful Islam Rintu, Noor Mohammad alias Kalu Dakat and Abul Kalam of...

Biman carries 2,911 Hajj pilgrims in four days

2007-11-16 00:00:00

Biman Bangladesh Airlines carried 2,911 Hajj pilgrims in four days beginning Monday while three flights were scheduled to carry 774 more pilgrims Thursday night. Biman, the national flag carrier, will ferry 42,000 pilgrims, 5,583 of them ballottees. Saudi Airlines will...

Sharif, Benazir unite against Musharraf

2007-11-16 00:00:00

ISLAMABAD, Nov 15 (Agencies): President Pervez Musharraf was scheduled to dissolve Pakistan's Parliament and form a caretaker government Thursday night to prepare for national elections that opposition parties and the US say will be flawed unless emergency rule is lifted....

NBR seeks accounts info of 24 including Saifur's son, Kamal's daughter

2007-11-16 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) Thursday sought the details of bank accounts of 24 persons including immediate past Finance Minister Saifur Rahman's son Shafiur Rahman Babu and his wife Shimab Yousuf Rahman.Shimab is also daughter of former...

Only 32pc of country’s adults have access to financial services

2007-11-16 00:00:00

FE ReportOnly 32 per cent of the country's adult population have access to the financial services which is inadequate compared to the situation in some other developing countries, a World Bank policy research report showed.In the South-Asian region, the report...

Ordinance for ACC's self-rule status soon

2007-11-16 00:00:00

A proposal for giving the Anti- Corruption Commission (ACC) the status of a self-ruled organisation is awaiting presidential approval after vetting from the law ministry, reports BSS. Director General (Admin) of the commission Col. Hanif Iqbal said this during the...

Body to recommend some proposals on special pay package

2007-11-16 00:00:00

FE Report A government committee under the Ministry of Finance will recommend a number of proposals on special financial package to compensate the public officials and employees for high inflation."We have prepared a number of proposals, which will be placed...

Govt to open 14,400 new fertiliser outlets soon

2007-11-16 00:00:00

Agriculture Adviser Dr CS Karim Thursday said the government has decided to open 14,400 new sales outlets across the country soon for reaching urea fertiliser to the farmers' doorsteps, reports UNB.The decision was taken at a high level meeting Wednesday...

Dhaka, Seoul sign energy sector cooperation deal

2007-11-16 00:00:00

FE ReportBangladesh signed a memorandum of understanding (MoU) Thursday with the South Korean government, which also covers a consortium of five South Korean companies, to enhance bilateral cooperation in the field of energy.The Ministry of Power, Energy and Mineral Resources...

Govt turns to coal import to feed power plants

2007-11-16 00:00:00

Jasim Uddin Haroon The government is planning to install two large imported coal-fired power plants in Chittagong and Mongla mainly to ensure smooth power supply to the industrial belts in the two regions. The two regions have been facing an...

Fate of Dhaka-Kolkata train service hanging in balance

2007-11-16 00:00:00

FE ReportThe fate of the Dhaka-Kolkata train service is now hanging in balance due to non-responsive attitude of India on the draft agreement vis-à-vis a delay over fencing on the border by the Bangladesh government.No further progress concerning the direct...

BB monitoring forex market situation

2007-11-16 00:00:00

FE Report The Bangladesh Bank (BB) sold Thursday US dollar as part of its ongoing move to keep the foreign exchange market stable.The central bank sold US$21 million at prevailing market rate to four commercial banks on the day to...

Internet breakdown

2007-11-16 00:00:00

THE internet breakdown from last Tuesday for 15 hours was the 27th such disruption since the submarine cable connection was operationalised in 2006 to link Bangladesh to the worldwide information and telecommunication superhighway. The submarine cable connection after its becoming...

Combating organic chemical pollutants

2007-11-16 00:00:00

Senjuti BaruaTHE world is changing fast. Overall environment, beaches and forests are severely getting affected by pollution thanks to the growing population of the world. In the last 50 years, people have generated 80,000 types of chemicals. Of them, there...

Welcome to a world of runaway energy demand

2007-11-16 00:00:00

Martin Wolf"THE increase in China's energy demand between 2002 and 2005 was equivalent to Japan's current annual energy use." This nugget of information, buried in the International Energy Agency's latest World Energy Outlook, tells one almost all one needs to...

Development of wind energy

2007-11-16 00:00:00

Joe Leahy IN a country that has struggled to build conventional electricity infrastructure, India has enjoyed surprising early success with the development of wind energy.Much of this is due to the rise of a strong entrepreneurial culture in the sector,...