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26 | SUNDAY, 5 SEPTEMBER 2010 |BHADRA 21, 1417 | RAMADAN 25, 1431 HIJRI

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Sunday, 02 May 2010

Channel 1 shutdown Management decides to challenge govt decision 

The management of Channel 1 has decided to go for a legal battle against the government's decision to suspend the transmission of the private television channel. The channel authorities at a press briefing yesterday sought the prime minister's interventi

SAARC endorses Dhaka's proposal on democracy 

The two-day Saarc summit concluded Thursday with the adaptation of a 36-point 'Thimphu Silver Jubilee Declaration' that endorses Bangladesh's proposal for a "Charter of Democracy" for regional cooperation aimed at strengthening good governance. Saarc lea

Yarn to be sold at reasonable level 

The country's spinners have agreed to keep the yarn prices at a reasonable level to help stabilise the volatile local market, its lobby group said. "The prices of yarn now hover between US$ 3.80 and $4.20 per kilogramme," Mosharaf Hossain, director of B

Lacklustre performance in agriculture lending 

Incapability or conservative attitude of banks especially state -owned commercial and private sector banks , in distributing loans among the farmers has surfaced once again at the end of current boro season. The loan disbursement did not reach the level o

MPs restricted to import luxury cars 

The National Board of Revenue (NBR) Sunday issued an order allowing members of parliament (MPs) to import duty-free cars specifying engine capacity with some conditions to check abuse of the facility. The NBR order has restricted import of luxury cars of

IMF for country specific exits from stimulus 

The International Monetary Fund's policy- steering body, the International Monetary and Financial Committee (IMFC) called for the implementation of country-specific exits from stimulus, and pledged to deliver on the long-expected quota and governance refo

Unrest grips RMG sector 

Workers vandalised at least eight garment factories in Mirpur area and clashed with police for the third consecutive day yesterday demanding pay hike. The management of 20 garment factories, including the eight, could not resume their production due to t

US lawmakers support Dhaka's demand for duty-free access 

Bangladesh has a deserving case for consideration of duty free access of its products to the US market, according some US lawmakers. Two US congressmen, Jim McDermott and Keith Ellison in separate meetings in last two days assured Bangladesh ambassador t

Govt to implement mega plan for tourism sector 

The government is implementing a mega plan for the development of tourism sector with a target of earning Taka 3,000 crore to 5,000 crore a year from the sector. For smooth implementation of the project, the government has already finalized tourism act a

Energy, agri, inflation dominate pre-budget discussuion 

Energy and power, agriculture, inflation and implementation of the Annunal Development Plan (ADP) dominated the pre-budget talks between Finance Minister AMA Muhith and editors and senior journalists of different media. The Finance Minister initiated the

Visa cuts swipe fees in Europe 

Despite a recent study that found swipe fees are stalling the creation of nearly a quarter million U.S. jobs, Visa raised its debit card interchange rate for American retailers to .95 percent plus $.20 per transaction in April, according to the Retail Ind

Shutdown of Channel 1  

Bangladesh Telecommunications Regulatory Commission has shut down Channel 1, a private television company, on grounds of alleged breach of terms. The decision of the BTRC seems arbitrary, abrupt and detracting from the spirit of free media. Obviously, clo

The weak spot in the financial reform bill 

Democrats are right. The Senate needs a full and rigorous debate on financial reform. But any debate must tackle one of the most critical issues not yet resolved from the 2007-09 crisis on Wall Street: Should big banks be left big? President Obama says

Debt crisis in Greece: Junk bond rating demands action 

In Greece, the future has met the present. Now that its government debt has been downgraded to "junk" by Standard & Poor's, it can no longer afford to talk about getting its house in order, it must actually pick up the broom. But in any country with debt

Transparent budget, happy people 

Last month, Baimiao in Sichuan province became "China's first transparent township government". People hailed it for making public details of its administrative expenditure, including the purchase of a writing pad for 1.5 yuan. The once unknown township h

Goldman Sachs rationalized fraud 

This month's announcement of the US Securities and Exchange Commission (SEC)'s securities-fraud civil suit against Goldman Sachs is a perfect example of what ails our society today - and why attempted regulatory fixes are in many ways analogous to rearran

Letter To The Editor - Create new jobs in rural areas 

Bangladesh has huge potential to compete with the Tiger Economies in SE, Asia thanks to the large percentage of its young people. The question is who will pull the trigger? The greatest resource of Bangladesh is its people! It has facilitated BD to becom

Graduate should be built to take position in national and international arena — President Zillur Rahman 

The 9th convocation of East West University was held on Sunday, 25 April 2010 at the Bangabandhu International Conference Centre, Agargaon, Dhaka. A total number of 956 undergraduate and graduate students were conferred degrees. Six students were also hon

The 4 Big Career Potholes 

I’m writing this from rural Romania—Transylvania, actually. We’ve spent the last week driving around and have learned quite a bit about Romania. The food is fantastic, the people are fascinating, and the views spectacular. But the roads are abominable. Th

40 Topics You Can’t Discuss at Work 

You spend a lot of time at your job. Maybe most of your waking hours. Ideally, your boss and coworkers become your friends, which is nice. But be careful! Never forget that you can’t totally let your hair down with work friends the way you might with fam

Corporate Grooming Workshop at IUB  

The Business Students’ Society (BSS) of School of Business of Independent University, Bangladesh (IUB) organized a workshop on “Corporate Grooming” on Thursday 15 April 2010 at Asia Pacific Blossom Hotel, Dhaka. Debashish Deb, Country Manager, Coca Cola d

Study Trip On ‘A Green Dhaka Is Achievable’ By AIUB Students  

The 31st of March 2010 arrived as a magnificent Wednesday morning and the class of Landscape Design Studio of Architecture Department made a trip to Ramna Park. Students were received by Tarupallab, a nature study organization. Biprodas Barua and Mokarram

Inauguration Of NUB Permanent Campus In Rajshahi 

Profess Dr. M. Shamsul Haque, Vice-Chancellor of Northern University Bangladesh inaugurated the own Permanent Campus of Northern University Bangladesh Rajshahi Campus at Talaimari, on 25th April 2010. The program was presided by Mosharraf Hossain–Coordi

List Your Key Skills Before Facing Interview 

Lindsey Watson If you have managed to secure a job interview then you need to start doing some serious preparation. With unemployment levels sky high the chances are there are a good number of competing applicants and you need to do all you can to set

Vow to build green S Asia 

The 16th Saarc summit has adopted the Thimphu Statement on Climate Change, expressing a determination to make South Asia a world leader in low-carbon technologies and renewable energy. The statement adopted on the concluding day of the summit emphasised

EPC deals signed with 3 cos 

The government has signed engineering procurement construction (EPC) contracts with three companies for setting up five peaking power plants to generate around 420 megawatts (mw) of electricity by August 2011 next. State-owned Power Development Board (PD

PDB to buy 319mw power under quick rental basis 

Bangladesh Power Development Board (BPDB) has signed Memorandum of Understandings (MoUs) with two local companies to generate 319MW electricity from three power plants under quick rental basis. The three power plants will be established at Khulna 117MW,

Toyota resumes sales of Lexus SUV; fix available 

Toyota says it has resumed sales of the 2010 Lexus GX 460 and the software fix to repair the vehicle stability control system is now available at dealerships. Toyota recalled nearly 10,000 Lexus SUVs last week because of possible rollover dangers. The an

Exxon Mobil 1Q profit jumps 38 percent 

Exxon Mobil Corp said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year. That marks the first year-over-year increase in profits for Exxon since it posted an all-time record of $14.83 billion in the

Exxon Mobil 1Q profit jumps 38 percent 

Exxon Mobil Corp said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year. That marks the first year-over-year increase in profits for Exxon since it posted an all-time record of $14.83 billion in the

Solar energy to light upazila govt offices 

The government has taken up a solar energy project to light public offices at the upazila level to ease pressure on the national grid. "We have undertaken a pilot project initially for 10 upazilas and it will be replicated in others," State Minister for

Government sends skimmers, other gear to oil spill 

The government has sent skimmers, booms and other resources to clean up a massive oil spill in the Gulf of Mexico that’s become far worse than initially thought and threatens the fragile marshlands along the shore, a Coast Guard official said Thursday. C

Dhaka-Thimphu economic links yet to be tapped 

Entrepreneurship on the part of Bangladeshi businesses kept untapped Bangladesh-Bhutan economic links with current trade balance largely favouring the landlocked Himalayan kingdom, Bhutanese officials said. "It appears that Bangladeshi businessmen consi

Dhaka to buy 500mw power from Delhi 

Prime minister Sheikh Hasina said that 500MW of power will be purchased from India in the next two years. Hasina also said her government has taken the initiative to import electricity through regional cooperation with South Asian and South East Asian c

Bangladesh to get support from global food security plan 

The MD of the World Bank's Global Agriculture and Food Security programme Ngozi Okonjo-Iweala said Bangladesh stood out as the leading nation to receive financial support from the Global Agriculture and Food Security programme because of its impressive pr

Spinners for diversified cotton import sources 

The country's spinners are trying to import more raw cotton from Africa, Austria, the US and Brazil after India recently imposed a ban on exports. In recent months import from India rose to about 30 per cent, from usual 10 per cent, following a bad harve

NBR urged to cut tax on cell phone to boost revenue 

The country's mobile phone importers has demanded massive reduction in handset taxes, saying the move will boost government revenue and stop illegal import of millions of cellular phones. Bangladesh Mobile Phone Importers Association (BMPIA) made the de

Global brands face threat of rising China car quality 

When Ric Hull first looked at launching Great Wall Motor pickup trucks in Australia last year, he considered rebranding them, worried their obvious Chinese origins would raise questions about their quality. Ateco Group, Hull's auto importing and dealersh

South Korea to recruit more from Bangladesh 

Against the backdrop of huge demand of skilled and unskilled workers in different sectors, South Korea has expressed keen interest to recruit more manpower from Bangladesh. South Korean Ambassador to Bangladesh Taiyoung Cho showed the interest when he c

New Sonali Bank CEO takes over on May 24 

The newly appointed chief executive officer and managing director of the country's largest state-owned Sonali Bank, Humayun Kabir, is expected to take charge after May 24, official sources said. According to the Bank Company Act 1991, commercial banks wi

More immigrants to reduce deficit: Clinton 

Former President Bill Clinton enthusiastically weighed into the blistering national debate on immigration with a resounding assertion that America needs more immigrants -- not fewer -- to ensure its long-term fiscal future. At a symposium on deficit redu

US may soon create up to 50 lakh jobs 

Vice-president Joe Biden has offered a bullish prediction that the US economy could soon create 2,50,000 to half a million jobs per month, as the recovery picks up speed. Biden's comments came as economic indicators, bumper earnings figures by some top f


 

 

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