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Tk 0.5m stolen from money exchange

2007-07-22 00:00:00

Thieves took away Tk 0.5 million from a money exchange office at Janapad crossing in the city's Jatrabari area Friday night. Police said some thieves entered the office by breaking its lock at midnight and took away the money. Owner...

3 of a family killed in tree collapse

2007-07-22 00:00:00

JHENIDAH, July 21: Three of a family were killed while another injured in a tree collapse in the town during a heavy rainfall early Saturday. Local people said Chand Ali (55), his daughters Sathi (10) and Chandni (2) died on...

Eight coaches of Meghna Express derail: 50 injured

2007-07-22 00:00:00

CHANDPUR, July 20: At least 50 passengers were injured as eight coaches of Meghna Inter-city Express train derailed near Sharashwati station here Friday night. Railway officials said the eight coaches of the Chandpur-bound train, carrying about 500 passengers in 14...

Lending rate won't rise due to cautious monetary policy: BB governor

2007-07-22 00:00:00

Bangladesh Bank (BB) Governor Salehuddin Ahmed Saturday said that interest on bank loans, particularly long-term ones, would not increase as a consequence of the recently announced monetary policy, reports UNB."We are alert about this," he told a seminar, making it...

Manpower shortage hampers NBR's revenue collection

2007-07-22 00:00:00

Naim-Ul-KarimThe National Board of Revenue (NBR) is facing shortage of field-level manpower, making it difficult for it to collect revenues as well as check unethical practices by international traders, sources said.A high official source of NBR said of the total...

New captive plants may add 1100MW power to nat'l grid

2007-07-22 00:00:00

FE ReportInstallation of new units in the existing captive power plants is likely to offer relief as the caretaker government is struggling to augment electricity supply within a shortest possible time.Sources said the government might get electricity of up to...

FBCCI seeks more time to set up ETPs

2007-07-22 00:00:00

FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Saturday urged the government to extend time for setting up of effluent treatment plants (ETPs) at country's different industrial units.Earlier, the government gave directives to the industrials units...

Azizul asks NCBs to ward off political pressure after corporatisation

2007-07-22 00:00:00

Finance Adviser AB Mirza Azizul Islam Saturday asked the country's three nationalised commercial banks (NCBs) not to give in to political pressure once they were corporatised, reports bdnews24.com. He said, past political governments, with access to public money, had made...

Cement export to India begins Tuesday

2007-07-22 00:00:00

FE Report Export of Bangladesh cement to India by riverway will commence from July 24 ushering in a new era of trade between the two neighbouring countries. The export through riverway will be executed under the Inland Water Inter-country Trade...

Squally weather may continue

2007-07-22 00:00:00

Squally weather may continue over ports due to deep convective clouds over the north Bay, according to a special bulletin of the Met Office, reports UNB. Maritime ports of Chittagong, Cox's Bazar and Mongla have been advised to hoist local...

Four minors rescued from trafficker: 1 held

2007-07-22 00:00:00

Rapid Action Battallion (RAB) personnel arrested an alleged human trafficker along with four minor boys and girls from the city's Khilgaon Chowdhurypara area Friday evening. Acting on a tip-off, a team of RAB-3 raided the area around 7:45 pm and...

DU 'black badge' programme draws lukewarm response

2007-07-22 00:00:00

DU CorrespondentVery few teachers of Dhaka University (DU) wore black badges Saturday to express symbolic protest against the arrest of Awami League (AL) chief Sheikh Hasina and harassment to the top political leaders of the country.Only the teachers belonging to...

LDP formally splits into two

2007-07-22 00:00:00

Oli Ahmed Saturday unveiled a new committee of the Liberal Democratic Party to formally split the nine-month-old party into two, reports bdnews24.com. On June 27, AQM Badruddoza Chowdhury announced a new 11-member presidium, expelling Oli, a retired colonel, former speaker...

10 hurt as factory workers clash at Gazipur

2007-07-22 00:00:00

GAZIPUR, July 21 (UNB): Workers of two factories located in the same building in the town clashed Saturday leaving one of the owners and nine workers wounded.Police and witnesses said the clash occurred over teasing of female workers of Stock...

Iraqi sects are locked in power struggle

2007-07-22 00:00:00

BAGHDAD (AP): At an intersection in the Sadiyah section of the capital, near the tip of the thumb formed by a sharp bend in the Tigris River, stands a stark example of what underlies Iraq's sectarian war and why any...

Mars rovers now faced with space sandstorms

2007-07-22 00:00:00

WASHINGTON (AFP): After three years on Mars, NASA rovers built for a three-month mission face their toughest foe: Martian sandstorms blocking the sunlight that charges their batteries. As a result, NASA has ordered rovers Spirit and Opportunity nearly into hibernation,...

developments in the region and abroad

2007-07-22 00:00:00

Bush has polyps removed in routine cancer test WASHINGTON (Reuters): US President George W. Bush had five polyps removed during a routine colon cancer test on Saturday, and the White House said his doctors described them as small and apparently...

Corporate governance -- why and what?

2007-07-21 00:00:00

Amitava BasuPEOPLE who provide finance to a company are often not in the management control of the enterprise. Though shareholders are the owners of the company, in reality companies cannot be managed by shareholder referendum. Shareholders have to necessarily delegate...

Microcredit, poverty and defaulters

2007-07-21 00:00:00

Ripan Kumar Biswas"THE seeds of poverty are in the broader vein, not in the persons while poverty is imposed on some people artificially and to change that, institutions and policies must have to be changed," said the 2006 Nobel Peace...

Tyranny of land survey

2007-07-21 00:00:00

RECENT reports about widespread irregularities by surveyors and chainmen committed under illegal monetary influence in land survey in some areas of Jessore are disturbing. More disturbing is the statement of some higher land officials in the district that they would...

Towards a people-friendly tax regime

2007-07-21 00:00:00

Abdul HaiTHE chief source of the government's income is revenue. Income tax occupies a sizeable portion of it. But in Bangladesh, income tax so far has not enjoyed the good position it does in the developed and many developing countries...

A political awakening that recasts the global landscape

2007-07-21 00:00:00

Philip StephensONE of the reasons, probably the most important, why today's world is a confusing and chaotic place is our natural instinct to look at it through the prism of yesterday. The assumptions and preconceptions that made sense of the...

Harry Potter and the curse of piracy

2007-07-21 00:00:00

Mure Dickie in BeijingWHEN the final Harry Potter book goes on sale in India and China this (Saturday) morning, the maturing boy wizard's publishers will need their own magic to stave off attacks from pirates.India and China's vast populations mean...

Horrible cheating

2007-07-21 00:00:00

A decent young man, who has just crossed his adolescence, sat beside me on board a public transport in Dhaka the other day. He was carrying a thick black bag. He kept it on his lap. He said he is...

Biman and export of fruits and vegetables

2007-07-21 00:00:00

Leaders of the Bangladesh Fruits, Vegetables and Allied Products Exporters Association (BFVAPEA) have submitted recently a list of demands to the government . The demands of the association are mainly in the area of air freighting. Fast and less costly...

Growing power of terror globally

2007-07-21 00:00:00

Syed Fattahul Alim How far the war on terror declared by President George Bush of USA in the wake of September 11 is faring about six years after the cataclysm? The war that the terrorists brought on the American soil...

Good governance in Bangladesh: My thought

2007-07-21 00:00:00

Zannatul Ferdous, The terms 'Governance' and 'Good Governance' are being increasingly used in development literature. GOVERNANCE nowadays turned into a central emerging discourse of development in Bangladesh like in other parts of the developing world. It has been around 35...

A social problem aiding the population bomb and other ills

2007-07-21 00:00:00

Enayet RasulBangladesh is a wonder. It is a wonder because of its small physical size but the sea of people living off such a small parcel of land. With only 55,126 square miles of land territories, Bangladesh is one of...

A story of deprivation and exploitation

2007-07-21 00:00:00

Dipanwita Roy Pagolnath Suri had fled to India in fear of life when the liberation war erupted in 1971. Suri saved himself but could not protect his land property."When I came back home after the independence, I found all my...

Mexico art show reveals secrets of Frida and Diego

2007-07-21 00:00:00

Anahi RamaA collection of letters, photos and personal effects belonging to Mexican artist couple Diego Rivera and Frida Kahlo went on display in Mexico City Friday after 50 years of being hidden from view.The archive contains thousands of letters detailing...