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Holcim trains staff of dealers, retailers

2007-07-06 00:00:00

FE ReportHolcim, a leading cement manufacturer of the country, held a day-long training programme called 'Training for Channel Partner's Employees' for the employees of its sales partners at Fu-Wang Bowling Club, Tejgaon-Gulshan Link Road in the city recently. About 220...

Farzana Shakil launches 'FS Concept', 'Teen Time'

2007-07-06 00:00:00

FE ReportFarzana Shakil Makeover Salon Ltd (FSMSL) has launched 'FS Concept' and 'Teen Time' for the country's beauty-conscious women through a press meet in the city Wednesday.Among others, FSMSL Managing Director Farzana Shakil, Head of Operation Shakil Kasem and Head...

Border-demarcation crisis makes fisheries cultivation in Muhuri Project uncertain

2007-07-06 00:00:00

Our CorrespondentCHITTAGONG, July 4: The planned cultivation of fish under the Muhuri Project in over 5,000 acres of land, lying in between Mirsarai Upazila of Chittagong and Sonagazi Upazila of Feni, has become uncertain due to the complications rising from...

Power outage hits industrial output

2007-07-06 00:00:00

Out CorrespondentBRAHMANBARIA, Jul 4: Frequent power outage, often for long periods, is severely hampering the industrial production in the district.Regular power outage has almost paralysed normal life, affecting the daily activities of the people in the district.Besides, the erratic power...

IBBL workshop on Practice of Islamic Banking ends

2007-07-06 00:00:00

FE Report The closing ceremony of a six-day workshop on 'Practice of Islamic Banking' organised for the officials of Bank of Ceylon, Sri Lanka by Islami Bank Training and Research Academy was held at the Board Room of Islami Bank...

Challenges ahead of private universities

2007-07-06 00:00:00

Akbaruddin AhmedTHE policies of the government and the University Grants Commission (UGC) have become an impediment to growth and development of the private universities. The UGC is responsible for monitoring the activities of both the public and private sector Universities....

Islamic financial services industry at home and abroad

2007-07-06 00:00:00

Dr. Mahmood AhmadIn the historical context, charging a return on loans and an additional amount or penalty in case of a delay in their repayments (riba) is prohibited in the Holy Scriptures of several major religions, including Islam. In addition,...

Hypocrisy in the name of democracy in the Middle East

2007-07-06 00:00:00

Zahid ZamirIf we look at the meaning of democracy in different text books then we can safely conclude that "democracy is the form of government in which the sovereign power resides in the people as a whole and is exercised...

PGR to demonstrate full professionalism remaining loyal to leadership: President

2007-07-06 00:00:00

President lajuddin Ahmed has expressed his firm belief that members of the President Guard Regiment (PGR) will demonstrate utmost professional skill in performing their duties by remaining loyal to leadership as in the past.The President said this while addressing the...

Huda questions transparency of his trial

2007-07-06 00:00:00

Former communications minister Nazmul Huda Thursday questioned the transparency of trial in a special court dealing with high-profile political corruption, reports bdnews24.com."Maybe for this (the question) five years of Jail sentence will be increased to 14 years", Huda said in...

ACC begins serving notices to 12 graft suspects

2007-07-06 00:00:00

The Anti-Corruption Commi-ssion (ACC) Thursday began serving notices to 12 corrupt suspects, mostly politicians like Altaf Hossain Chowdhury, Sheikh Fazlul Karim Selim and Lutfozzaman Babar, to submit their wealth statements within seven working days."We already delivered notices Thursday to six...

Sigma Huda detained, sent to jail after surrender to trial court

2007-07-06 00:00:00

Sigma Huda, wife of the detained former communications minister and Bangladesh Nationalist Party (BNP) leader Nazmul Huda, was detained and sent to jail to stand trial for corruption after she surrendered to a special anti-graft court Thursday, report agencies. The...

Court issues warrant of arrest of Falu's wife

2007-07-06 00:00:00

The special judge's court Thursday ordered for warrant of arrest of Mahbuba Sultana, wife of former lawmaker Mosaddeq Ali Falu, in a case of income tax evasion, reports UNB.Deputy Commissioner of Taxation filed the case against Mahbuba accusing her of...

Bangladesh combines economic growth, safety net: Adviser

2007-07-06 00:00:00

Foreign Affairs Adviser Iftekhar Ahmed Chowdhury said, the Bangladesh Government combines in its policies the facilitation of economic growth with a wider casting of the social safety net to assist the vulnerable groups in the society, reports UNB. This he...

Undisclosed money holders start putting faith in NBR

2007-07-06 00:00:00

FE ReportUndisclosed money holders have started coming from behind as their response to the offer of the National Board of Revenue (NBR) on legalisation of their money is gradually increasing.During the first five days of the new fiscal until Thursday,...

Khaleda for 3-7 days council of party to complete reforms

2007-07-06 00:00:00

Beleaguered BNP chairperson and former Prime Minister Khaleda Zia Thursday urged her party faithful to remain united against any "conspiracy" to harm the Bangladesh Nationalist Party, reports UNB."BNP is the largest democratic party. I have asked party leaders and workers...

Jalil quits politics, raps Hasina for dictatorship

2007-07-06 00:00:00

Detained Awami League (AL) general secretary Abdul Jalil in a statement has said he is retiring from politics citing ill health and family concerns, but he rapped Sheikh Hasina for her "authoritarian leadership" and begged the government to release him,...

CA urges PGR to help build a modern, developed nation

2007-07-06 00:00:00

Chief Adviser Fakhruddin Ahmed Thursday urged members of the President's Guard Regiment (PGR) to dedicate wholeheartedly to building a modern and developed nation and a society free from terrorism and corruption, reports UNB. He was addressing a Darbar to mark...

Lobi jailed for 8 yrs for evading tax

2007-07-06 00:00:00

Former BNP lawmaker Ali Asghar Lobi was Thursday sentenced to eight years in jail by a special court for dodging tax and suppressing information about tax, as trial of high-profile corruption suspects continued under the current purge, report agencies.Judge Shahed...

Domestic credit growth falls by 3.0 per cent

2007-07-06 00:00:00

FE Report The country's overall domestic credit growth fell by about 3.0 percentage points during the first 10 months of fiscal 2006-07 compared with that of the same period of the previous fiscal due mainly to political uncertainty. Overall domestic...

Bangladesh likely to beat India in garment exports

2007-07-06 00:00:00

FE Report Bangladesh is set to beat India in garment exports in the wake of an appreciating rupee, according to an Indian newspaper report. Last year, the country exported garments worth US$8.0 billion, whereas Bangladesh notched up around US$7.8 billion....

Plan to appoint new dealers at union level shelved

2007-07-06 00:00:00

FE ReportThe government has temporarily shelved a plan about appointment of new dealers at union level considering that such an initiative might cause disruption in fertiliser distribution during the on-going Aman paddy cultivation.It has asked the existing 4,800 dealers to...

Policy amendment proposed to raise tariff on captive power purchase

2007-07-06 00:00:00

FE ReportThe Power Division has placed a proposal to the Council of Advisers seeking an amendment to the existing Captive Power Policy (CPP) with enhancement of the electricity tariff by maximum five per cent.As per the proposal containing the draft...

Indian palace runs into red tape

2007-07-06 00:00:00

Joe Leahy, FT Syndication Service MUMBAI: A plan by Mukesh Ambani to build what could be the world's most lavish private home on the site of a Mumbai orphanage has run into red tape, showing that even India's richest man...

Case filed against 5,000 unnamed Nachol people

2007-07-06 00:00:00

CHAPAINAWABGANJ, July 05: Nachol police filed a case against about 5,000 unnamed people accusing them of ransacking and setting on fire the office of UNO on Wednesday demanding supply of fertiliser. But none was arrested till Thursday evening. Meanwhile, administration...

Amended ACC organogram may be approved in 10 days

2007-07-06 00:00:00

The proposed amended organogram of the Anti-Corruption Commission (ACC) with nearly double the existing manpower is expected to be approved in 10 days to facilitate the anti-graft watchdog to function more effectively. "The Chief Adviser telephoned me Wednesday and told...

Govt to sign Tk 10.70b credit deal with JBIC soon

2007-07-06 00:00:00

S M JahangirThe government will soon sign a Tk 10.70-billion credit deal with the Japan Bank for International Cooperation (JBIC) for implementing three power projects including installation of a 360-megawatt (MW) plant at Haripur.Installation of two other electricity sub-stations --...

Two new systems to ease hassles of taxpayers approved

2007-07-06 00:00:00

The Finance Ministry has approved two new systems to ease hassles of the taxpayers, National Board of Revenue (NBR) Chairman Badiur Rahman said Thursday, report agencies. The ministry unveiled a so-called universal self-assessment system for the taxpayers to evaluate the...

WASA to undergo major overhauling soon

2007-07-06 00:00:00

FHM Humayan Kabir The government is going to take up a major overhauling and development programme for the Dhaka Water and Sewerage Authority (WASA).Under the programme, the WASA will be restructured to bring changes in its organogram, management and bill...

Please spare his life, SQ Chy's family urges President

2007-07-06 00:00:00

BNP leader Salauddin Quader Chowdhury's sons and daughter Thursday sought help from President Iajuddin Ahmed to send their father abroad for better treatment, reports bdnews24.com. Chowdhury, parliamentary affairs adviser to former prime minister Khaleda Zia, has long been suffering from...