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Legal experts clear stake of Chinese co

Munima Sultana | 2014-08-18 00:00:00

Legal experts have given the green signal for awarding the river-training work under the Padma Multipurpose Bridge project to a Chinese company which drew criticism for poor performance in an important highway expansion project, sources said. Bangladesh Bridges Authority (BBA),...

BB buys dollar from banks with changed instrument

Siddique Islam | 2014-08-18 00:00:00

The central bank has purchased the US dollar from the commercial banks with changed instruments in a bid to offset inflationary pressures on the economy amid a glut of money supply, officials said. Under the latest move, the Bangladesh Bank...

Weighbridge at all ferry terminals planned

Badrul Ahsan | 2014-08-18 00:00:00

The government has decided to install weighbridge scales at all the ferry terminals for detecting the overloading of vehicles that use ferries so that service charges can be realised from them based on the load, officials said. Bangladesh Inland Water...

Tk 4.24b scheme planned to build highrises in rural areas

Talha Bin Habib | 2014-08-18 00:00:00

The government has taken an initiative to build multistoried buildings for housing in rural areas of all the divisions at a cost of Tk 4.24 billion aiming to keep arable lands from being destroyed, a high official said.    The buildings...

Attaining MDGs: Government-NGO collaboration

Shamsul Alam | 2014-08-18 00:00:00

In the bureaucracy and high-level jobs, which entail visibility and exercise of authority, women's presence is negligible. The ground realities must conform to and reflect the spirit of gender equality and non-discrimination as enshrined in the Constitution. Addressing underlying socio-cultural...

How transformed land phone is!

Neil Ray | 2014-08-18 00:00:00

The Bangladesh Telecommu-nications Company Limited (BTCL) lovingly calls it "three-dimensional service system". All because the service provider has undertaken the task of transforming the now discredited land phone into a most advanced digital gadget with a service package of voice,...

Matabari power plant at what cost?

Shamsul Huq Zahid | 2014-08-18 00:00:00

The Executive Committee of the National Economic Council (ECNEC) late last week approved the country's costliest ever development project. The project-a 1,200 megawatt (MW) ultra-supercritical coal-fired power plant---to be installed at Matabari Coast of Maheskhali Island would cost nearly Tk...

Killing of an African-American and racial profiling in USA

M. Serajul Islam | 2014-08-18 00:00:00

Debate on the issue of race is again raging in the United States. This time it is over what has happened in Fergusson, a city of 21,000 in St Louis County in Missouri, on August 09. A white police officer...

Israel must accept Palestinian demands or face long war: Hamas

Gaza truce talks resume in Cairo | 2014-08-18 00:00:00

JERUSALEM, Aug 17 (agencies): Israel warned  Sunday it would not countenance any long-term truce deal that did not answer its security needs as Gaza ceasefire talks resumed in Cairo. Egyptian-brokered indirect negotiations between Israel and the Palestinians are taking place...

DSE intensifies search for strategic partner

Mohammad Mufazzal | 2014-08-18 00:00:00

Dhaka Stock Exchange (DSE) will hold a big event by the end of this year -part of its plan to sell a quarter of its stakes to an international strategic partner, officials said. The DSE event is also intended to...

Iraqi Sunnis may join new govt, fight Islamic State

Raheem Salman and Michael Georgy of Reuters from Baghdad | 2014-08-18 00:00:00

Tribal leaders and clerics from Iraq's Sunni heartland offered their conditional backing last week for a new government that hopes to contain sectarian bloodshed and an offensive by Islamic State militants that threatens tear the country apart. One of the...

Libya calls for UN aid to quell militia fighting

Ahmed Elumami | 2014-08-18 00:00:00

Libya's parliament last week voted to disband the country's militia brigades and called on the United Nations to protect civilians in an effort to end the worst fighting between armed factions since the 2011 fall of Muammar Gaddafi. Lawmakers appeared...

Europe\\\'s last cargo ship reaches space station

Irene Klotz | 2014-08-18 00:00:00

A European resupply line to the International Space Station closed last week with the arrival of a fifth and final freighter to the orbital outpost. Europe's Automated Transfer Vehicle 5, known as ATV-5, blasted off two weeks ago with more...

Russian armour column destroyed inside Ukraine

Natalia Zinets and Richard Balmforth | 2014-08-18 00:00:00

Ukraine said its artillery destroyed part of a Russian armoured column that entered its territory and said its forces came under shellfire from Russia last week in what appeared to be a major military escalation between the ex-Soviet states. Russia's...

Another high-rise in city develops cracks

Khalilur Rahman | 2014-08-17 00:00:00

Yet another four-storey building in city's Siddik Bazar area developed cracks for faulty construction last week forcing panic-stricken inmates to evacuate. Occupants of two other adjacent semi-pucca houses also left their homes out of fear. The Financial Express (FE) in...

500 tonnes of toxic DDT in Ctg port store for 30 years

Shamsul Huda | 2014-08-17 00:00:00

Five hundred tonnes of toxic DDT (Dichloro Diphenyl Trichloroethane) powder remain unused at a regional health store in Chittagong for 30 years, a World Bank-employed consultancy firm said in a report. An official in the ministry of health and family...

Maliki finally quits: will this help Iraq out of chaos?

Zaglul Ahmed Chowdhury | 2014-08-17 00:00:00

Iraq's embattled, but defiant prime minister Nuri-al-Maliki has finally succumbed to national and international pressure to make way for a new government to effectively tackle the threats posed by the 'jihadists' to the country. His successor, Haider-al-Abadi, a fellow member...

Manual clearance, repetitive checking cause unusual delay

Doulot Akter Mala | 2014-08-17 00:00:00

Manual clearance system and repetition of checking procedures are causing unusual delay in clearance of goods at the county's largest land port, Benapole, a study revealed. In the study, the National Board of Revenue (NBR) has found both import and...

Separate HC bench likely soon to deal with stalled cases

Khairul Islam | 2014-08-17 00:00:00

The government is going to set up a special bench at the High Court (HC) to settle the long-pending lawsuits against a section of dishonest private universities for what is described as education commerce, according to a senior official. Earlier,...

Plan to amend consumers\\\' rights law

Talha Bin Habib | 2014-08-17 00:00:00

 The government plans to amend the law protecting consumers' rights, aiming to make it time-befitting for the greater benefit of consumers, a senior trade official said.  The move comes against the backdrop of a series of public reactions and problems...

Blds being jerrybuilt around capital

Shah Alam Nur | 2014-08-17 00:00:00

A large number of buildings go mushrooming in and around the capital city unauthorised or without RAJUK approval and, as its fatal fallout, accidents and house collapse are on the rise, experts and officials said. According to BUET findings, nearly...

Tk 5.09b project for dredging 12 river routes likely

Badrul Ahsan | 2014-08-17 00:00:00

The government is expected to undertake a Tk 5.09 billion project for dredging twelve important river routes across the country to increase navigability along the waterways for safer movement of water transport round the year, sources said. Bangladesh Inland Water...

Attaining MDGs: Quality of education needs to be improved

Shamsul Alam | 2014-08-17 00:00:00

The lack of diversity in Bangladesh's food crop sector poses a challenge and more emphasis on the production of non cereal crops, such as pulses, fruits, and vegetables is needed. Crop diversification strategies should be demand-driven for success and sustainability....

ICT education in changing lives of women of mountains

Parvez Babul | 2014-08-17 00:00:00

Research shows that women are the most vulnerable and disadvantaged in mountain areas due to many reasons including gender-based violence.  These women are rarely acknowledged as agents of change with responsibilities, knowledge and skills.   Mountain women are excluded from political...

BD to seek help of other LDCs for extension of TRIPS waiver

Syful Islam | 2014-08-16 00:00:00

Bangladesh has decided to persuade other least developed countries (LDCs) to join its efforts for extension of the special transition period of TRIPS agreement so that production of patented drugs at low cost can be continued, sources said. The Ministry...

Biggies shy to follow UGC financial rules

Khairul Islam | 2014-08-16 00:00:00

A proposal of the University Grants Commission (UGC) for introducing unified financial rules for all public universities in the country has been cold-shouldered by a section of the institutions, officials have said. They alleged that big and reputed universities were...

Govt set to appoint BoD members

Talha Bin Habib | 2014-08-16 00:00:00

The government is set to appoint members of the board of directors (BoD) of the Palli Sanchay Bank (PSB) to intensify poverty alleviation efforts through various income-generating activities, a high official of the ministry of finance (MoF) said.   "We are...

Stable macroeconomic indicators push stocks higher for 4th week

Babul Barman | 2014-08-16 00:00:00

The key index of the major bourse surpassed the 'psychological' cut off of 4,500 points as optimistic investors went on the buying spree. Last week featured all five trading sessions as usual. Of them, four sessions closed higher while one...

Changing trends in Bangladesh economy

Sarwar Md Saifullah Khaled | 2014-08-16 00:00:00

For the last two decades or more the traditional economy of Bangladesh has been undergoing a rapid change tracking the model of a rapidly growing capitalist economy. Its per capita income in 2012 was estimated at US$ 2,800 {adjusted by...

Attaining MDGs: The contributing factors

Shamsul Alam | 2014-08-16 00:00:00

Over the past four decades since independence, Bangladesh has increased its real per capita income by more than 130 per cent, cut poverty rate by 60 per cent, and is well set to achieve most of the Millennium Development Goals...