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Div I soccer league begins in Bogra

2007-11-11 00:00:00

Our CorrespondentBOGRA, Nov 10: Bogra First Division Football League began at the Altafunnessa playing ground recently.Bogra District Sports Association (DSA) organised the football league.Eight teams have participated in the league. Final match will be held on November 23.Deputy Commissioner of...

Polished Australia compound Sri Lanka’s misery

2007-11-11 00:00:00

Australia's new era continued to look much like their old one as they dominated mercilessly at the Gabba for a third day, forcing Sri Lanka to follow-on a massive 340 runs behind. The visitors then lost both openers Sanath Jayasuriya...

Araf Apparels outplay Rising Group 4-1

2007-11-11 00:00:00

Araf Apparels confirmed their semifinal berth in the Office Hockey League-2007, outplaying Rising Group by 4-1 goals in the day's lone Group B match at the Maulana Bhashani National Hockey Stadium, reports UNB.Araf Apparels led the first half 1-0.Sri Raju...

Central bank likely to change policy stance on forex reserve

2007-11-11 00:00:00

Shakhawat HossainThe Bangladesh Bank is likely to revise its policy stance on foreign exchange reserve requirement in view of the galloping import costs of fuel oils and food items, according to sources.In line with the suggestion from the International Monetary...

Petrobangla's 'urgent action plan' to mitigate gas crisis

2007-11-11 00:00:00

FHM Humayan KabirThe state-owned oil, gas and mineral corporation - Petrobangla - has taken up an 'urgent action plan' to mitigate the prevailing gas shortage in the country and at the same time meet future needs.The urgent action plan, when...

FBCCI favours use of dual currency in ACU payments

2007-11-11 00:00:00

FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has favoured the use of Euro alongside the US dollar for settlement of payments among the eight-nation Asian Clearing Union (ACU) member countries.The country's apex trade body has...

Fish, kitchen mkt traders threaten to boycott wholesalers

2007-11-11 00:00:00

Fish and kitchen-market traders threatened boycott of wholesalers if their demands were not met in five days, alleging that the retailers are being cheated at weight and price at the wholesale markets in the capital, reports UNB.Dhaka Metropolitan Fish and...

Iqbal slams fertiliser dealers, farm officials

2007-11-11 00:00:00

LGRD Adviser Anwarul Iqbal expressed Saturday dissatisfaction over mismanagement in fertiliser distribution after protests by farmers were reported from different parts of the country over the past few days, bdnews24.com. At a meeting in the office of the deputy commissioner...

Some tough govt steps slow down the economy: Experts

2007-11-11 00:00:00

The absence of democracy has slowed down the country's economic activities, including export and investment, experts told a discussion in the city Saturday, reports UNB.They felt that the quick restoration of democracy is a must to revive the confidence of...

BNP to field honest people for local govt polls: Hafiz

2007-11-11 00:00:00

Major (retd) Hafiz Uddin Ahmed, acting BNP Secretary General nominated by the standing committee, said they would participate in the coming city corporation and municipal elections, reports UNB.Talking to journalists at his residence, he said honest and efficient people who...

Contingency plan to keep Barapukuria power plant going

2007-11-11 00:00:00

M Azizur RahmanThe government is working out a contingency plan to keep the country's lone coal-fired Barapukuria power plant functioning despite shortage in coal production from the nearby Barapukuria coalmine."The Power Division recently asked the Bangladesh Power Development Board (BPDB)...

Pak officials fail to ease nuclear threat fears

2007-11-11 00:00:00

Jo Johnson and Farhan Bokhari FT Syndication Service ISLAMABAD: Pakistani intelligence officials last Thursday dismissed suggestions that the country's nuclear arsenal could be at risk of falling into terrorist hands in the volatile political climate created by General Pervez Musharraf's...

Pakistan police block Bhutto again

2007-11-11 00:00:00

ISLAMABAD (Reuters): Police blocked opposition leader Benazir Bhutto from visiting Pakistan's deposed chief justice on Saturday and President Pervez Musharraf resisted U.S. calls to end emergency rule. Bhutto, herself kept under house arrest for most of Friday, tried to approach...

Bangladesh signs Trans-Asian Railway Network agreement

2007-11-11 00:00:00

Bangladesh signed an "Intergovernmental Agreement on the Trans-Asian Railway Network" Friday at the UN Headquarters in New York. Bangladesh Permanent Representative to the United Nations Ismat Jahan signed the agreement on behalf of Bangladesh government. The Trans-Asian Railway Network Agreement...

Robbery committed in city house

2007-11-11 00:00:00

Armed robbers looted cash and gold ornaments worth about Tk 1.7 million from a house at Battola Abortek in the city's Khilkhet area early Saturday. Police said the gang, numbering 7/8, stormed into the house of Ahmed Abdul Motaleb by...

Service centre to identify formalin in fish and milk

2007-11-11 00:00:00

BCSIR will open a service centre in the city today (Sunday) to identify the use of formalin in fish and milk. Formalin identifying kits produced by the BCSIR will be available in the centre at a reasonable price, said a...

Police seize 5,220 Sinadra tablets

2007-11-11 00:00:00

RAJSHAHI, Nov 10: Police seized 5,220 Sinadra tablets from a Dhaka-bound bus in Puthia Upazila early Sunday. Acting on a tip-off, a team of traffic police raided the bus, coming from Chapainawabganj, near Belpukur checkpost at about 5:00am and recovered...

Overall balance of payments records surplus in July

2007-11-11 00:00:00

FE Report The country's overall balance of payments recorded a surplus despite a deficit in current account balance in July last, the first month of the current fiscal. The overall balance showed a surplus of $161 million in July, 2007...

Manpower export to S Korea may start soon under fresh deal

2007-11-11 00:00:00

Naim-Ul-KarimBangladesh's manpower export to South Korea is likely to start soon under a fresh deal, which the two countries will sign later this week, official sources said. "We will sit this week to sign a final deal with the Human...

Radical reform in rural economy suggested

2007-11-11 00:00:00

Noted economists Saturday strongly suggested a radical reform in the rural economy to return the "looted wealth" to the poor and create the real basic structure for sustainable development in the country, reports UNB."Not only the wealth discrimination between the...

Govt to form taskforce for jute sector development

2007-11-11 00:00:00

S M JahangirThe government will constitute a taskforce shortly for the development of the country's ailing jute sector with especial focus on the private sector.To be headed by a senior government official, the taskforce will be comprised of entrepreneurs of...

Businessmen call for efforts to cut cargo-handling costs at Ctg Port

2007-11-11 00:00:00

CHITTAGONG, Nov 10 (bdnews24.com): Exporters and importers at Chittagong Port have demanded that the government appoint berth operators through international tenders to reduce the cost of handling their goods. Currently 51 master stevedore companies handle all goods at the country's...

WB offers help for reaching regional inter-party accords on energy trade

2007-11-11 00:00:00

FE Report The World Bank (WB) has offered to help the South Asian countries, including Bangladesh, India and Bhutan, for reaching inter-country agreements on energy trade for their mutual benefits. "The WB is uniquely placed to play the part of...

Gloom envelops world markets

2007-11-11 00:00:00

Saskia Scholtes and Michael Mackenzie, FT Syndication ServiceNEW YORK: Stock markets on both sides of the Atlantic concluded their worst week in months on Friday as deepening economic gloom raised expectations that the US Federal Reserve would be forced to...

developments in the region and abroad

2007-11-11 00:00:00

Venezuela's Chavez calls for energy allianceSANTIAGO (Reuters): Venezuelan President Hugo Chavez challenged Latin American leaders at a summit on Friday to lower regional oil prices, telling big producers to sell oil cheaply to their neighbours.Addressing leaders by name, Chavez, a...

NBR chief asks officials to gear up revenue collection

2007-11-11 00:00:00

FE Report National Board of Revenue (NBR) Chairman Muhammad Abdul Mazid Saturday instructed the tax officials for all-out efforts to boost revenue collection in order to achieve the target but warned them of stern action if any irregularities were committed....

Joynal remanded for 3 more days

2007-11-11 00:00:00

A Dhaka court Saturday sent Hotel Purbani International Managing Director Mahbubur Rahman Joynal into another three-day remand in a narcotics case, reports bdnews24.com. Magistrate Mohammad Waliul Islam of the Chief Metropolitan Magistrate's Court for Dhaka granted the remand after Joynal...

Voter listing begins in city Nov 20

2007-11-11 00:00:00

Work for preparing voter list with photographs and national ID cards will begin in the capital on November 20 and this most arduous task under the Election Commission's voter-roll project will continue up to next January, reports UNB.As part of...

Standard Bank holds board meeting

2007-11-10 00:00:00

FE ReportThe 117th meeting of the board of directors of the Standard Bank Ltd was held at the head office of the bank recently. Standard Bank Chairman Kazi Akramuddin Ahmed presided over the meeting. Vice Chairman Mohammad Shamsul Alam, directors...

weekly currency roundup

2007-11-10 00:00:00

The Greenback maintained its positive tone against Bangladeshi taka in the first week of November mainly because of large and medium sized import obligations of different banks with a relatively lower volume of inward remittance. A substantial portion of the...