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IMF head warns on impact of credit crisis

2007-10-09 00:00:00

Krishna Guha FT Syndication ServiceWASHINGTON: The credit squeeze will force governments worldwide to make substantial changes to their budget plans, Rodrigo Rato, outgoing managing director of the International Monetary Fund, has warned. Mr Rato said the credit squeeze was a...

B Chowdhury rolls out 10-yr govt plan

2007-10-09 00:00:00

Bikalpa Dhara chief and former president AQM Badruddoza Chowdhury Monday proposed a government of 'national consensus' with a 10-year tenure. "Let the caretaker government implement its roadmap for a fair election. We, the politicians, will prepare a roadmap focusing on...

Bank holiday tomorrow

2007-10-09 00:00:00

Bangladesh Bank and all scheduled banks will remain closed tomorrow (Wednesday) on account of the Holy Shab-e-Qadr. — UNB

NBR chairman clarifies savings tools tax-exemption issue

2007-10-09 00:00:00

Doulot Akter MalaThe government's recent decision on enhancement of tax-exemption ceiling for investment on saving instrument will not be considered as 'final settlement', said the National Board of Revenue (NBR) Chairman Badiur Rahman.The NBR has raised tax exemption ceiling to...

CDBL to remain open for 3 more days to settle BO accounts

2007-10-09 00:00:00

FE ReportThe Central Depository Bangladesh Ltd (CDBL) will keep its office open on October 10,11 and 19 to facilitate the depository participants (DPs) of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) to settle their respective beneficiary owner's (BO)...

Tullow submits proposal to drill new well at Bangora

2007-10-09 00:00:00

FE ReportThe Irish oil and gas company Tullow Oil plc has recently submitted an investment plan to the Energy and Mineral Resources Division (EMRD) proposing to expand its current gas exploration works in block-9 at Bangora, Comilla."We are now scrutinising...

Stock prices continue to rally for 3rd consecutive day

2007-10-09 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to rally for the third consecutive day Monday due to mainly to gains by banking and power shares.Market operators said investors are currently buying weighted banking and power shares to...

ISPs to sign deals with small operators on Internet service

2007-10-09 00:00:00

Sarwar ZahanThe licensed Internet Service Providers (ISPs) will have to sign deals with the small operators for providing internet service to households and individuals and send copies of the agreements to the Bangladesh Telecommunication Regulatory Commission (BTRC) by November 1,...

Dollar gains ground, call rate steady

2007-10-09 00:00:00

FE ReportThe US dollar gained ground against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with moderate demand for the greenback, fund managers said.The market was active due to trading in the international market.The inter-bank call money...

Well marked low intensifies into a land depression

2007-10-09 00:00:00

The well marked low over Barisal and adjoining area moved slightly north-westwards, and intensified into a land depression, reports UNB.It lies over the same area at Monday noon, and likely to move in north, north-westerly direction, said a Met office...

ACC to quiz Khaleda Thursday about GATCO case

2007-10-09 00:00:00

Detained former Prime Minister (PM) Khaleda Zia will be questioned Thursday in connection with the container handling case filed against her by the Anti-Corruption Commission (ACC), reports UNB."Yes, I got the permission Monday from the Chief Metropolitan Magistrate Court to...

ADB VP due in city tomorrow

2007-10-09 00:00:00

FE ReportVice-president of the Asian Development Bank (ADB), Liqun Jin, will arrive in the capital tomorrow (Wednesday) on a three-day visit to review Bangladesh's on-going reform works and ADB's operations in the country, according to a senior official of the...

ACC to begin probe against 35 latest graft suspects after Eid

2007-10-09 00:00:00

The Anti-Corruption Commission (ACC) will begin inquiries after Eid into the latest list of 35 corruption suspects, published on October 4 having the names of Dhaka City Corporation (DCC) Mayor Sadek Hossain Khoka, former AL ministers Tofail Ahmed and Syeda...

Doping gangs to be rooted out in three months: DB

2007-10-09 00:00:00

Agyan Party and Malom Party will be rooted out within the next three months to remove fear from the minds of the city-dwellers about the doping gangs, said a high police official, reports UNB."Nearly 250-300 members of Agyan Party and...

Delwar slams Mainul over Khaleda exile remarks

2007-10-09 00:00:00

BNP Secretary General Khandaker Delwar Hossain Monday slammed Law Adviser Mainul Hosein for his statement on the government's botched exile plan for former prime minister Khaleda Zia, reports bdnews24.com. Adviser Mainul Hosein at a meeting of the Overseas Correspondents' Association...

Various kinds of primary education divide the nation: Muzaffar Ahmad

2007-10-09 00:00:00

Prof Muzaffar Ahmad said that different kinds of education at primary level have kept the nation divided. "There is no uniform system of education in the country," he said while presiding over the first session of a discussion on "An...

Bangladesh Railway introduces Dhaka-Khulna inter-city train

2007-10-09 00:00:00

KHULNA, Oct 8 (BSS): Bangladesh Railway introduced a new inter-city train between Khulna and Dhaka from Sunday.General manager of Bangladesh Railway (Western Zone) Musfiqur Rahman inaugurated the train service connecting Dhaka with Khulna at a simple ceremony at Khulna Railway...

Kirtonkhola River lose navigability threatening Barisal River Port

2007-10-09 00:00:00

BARISAL, Oct 8 (UNB): Barisal River Port, the second largest river port in the country, is under great threat as Kirtonkhola River has lost its navigability due to continued siltation. Bangladesh Water Transport Authority sources said more than 100 water...

Ten killed in separate incidents

2007-10-09 00:00:00

Ten persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies. In Gazipur, three people were killed and two others injured when a truck rammed into a...

Police officials, people hold face to face discussion on law

2007-10-09 00:00:00

RANGPUR, Oct 8 (BSS): Mass-Line Media Centre (MMC) organised a face- to-face discussion meeting of the police officials and the people on law and order situation at Tapodhan union parisad hall room here Sunday.President of Tapodhan Grameen Advocacy Centre of...

View-exchange meeting on puja held

2007-10-09 00:00:00

BARISAL, Oct 8 (BSS): Commissioner of Barisal Metropolitan Police (BMP) Khan Sayeed Hasan has said here today that the strict security measures would be taken to ensure peaceful celebrations of puja in the district.He also said policemen will be posted...

Relief distributed among flood victims

2007-10-09 00:00:00

GAIBANDHA, Oct 8 (BSS): Ekota, a local NGO, distributed clothes and mosquito nets among the poor and flood-hit people of Sadar Upazila in the district Saturday.A total of 1,500 people of Ghagoa, Kholahati and Malibari unions of Sadar Upazila were...

Meeting for smooth plying of river vessels

2007-10-09 00:00:00

CHANDPUR, Oct 8 (BSS): A views exchange meeting was held at the conference room of the deputy commissioner Saturday to create awareness on the reasons of launch accidents and ways to avoid those for ensuring smooth plying of river vessels.The...

Diarrhoea claims one life

2007-10-09 00:00:00

CHAPAINAWABGANJ, Oct 8 (UNB): Diarrhoea that broke out in an alarming proportion in the district claimed life of a youth and affected over 150 people in last three days until Sunday.Sources said many diarrhoea-affected people rushed to Sadar hospital for...

67 puja mandaps set up in Chuadanga

2007-10-09 00:00:00

CHUADANGA, Oct 8 (BSS): Preparations are almost complete to celebrate Durga Puja in the district the biggest religious festival of the Hindu community.A total of 67 puja mandaps are being set up in four upazilas of the district, sources said.

Declaration of nine newspapers cancelled

2007-10-09 00:00:00

MADARIPUR, Oct 8 (BSS): The district administration has cancelled declaration of nine newspapers including a daily for violating the Press and Publications (Declaration and Registration) Act of 1973.The newspapers are the daily Maksud, weekly Arial Kha, weekly Madaripur Bani, weekly...

SJIBL condoles death of Khatib Obaidul Huq

2007-10-09 00:00:00

FE Report Board of directors and all officials of Shahjalal Islami Bank Limited (SJIBL) have expressed their condolences at the death of Baitul Mukarram National Mosque Khatib and SJIBL Shari'ah Council Chairman Moulana Obaidul Huq. The Khatib died at the...

Three bandits, a top terror arrested in Khulna

2007-10-09 00:00:00

Coastguard members and police, in different raids, arrested three bandits and a top terror from Koyra Upazila Monday, reports UNB.Acting on a tip-off, the coastguard members raided Joymuni canal at noon and nabbed three bandits alongwith two guns from a...

Obitury

2007-10-09 00:00:00

The chief of finance of Daffodil Computers Ltd and secretary of Daffodil group, Rakib Sultan died Tuesday night at a city hospital. He was 48. He left behind his wife, one son and one daughter. He is buried in Chouddogram...

Death anniversary of Amin Ahmed today

2007-10-09 00:00:00

The 22nd death anniversary of noted journalist Amin Ahmed Chowdhury will be observed today, reports BSS.The former assistant editor of the defunct Bangladesh Times, correspondent of Voice of America and the Guardian, Amin Chowdhury died in 1985 at the age...