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Ex-PMO official surrenders to court PDF Print E-mail
Wednesday, 27 February 2008

Agency

A former administrative officer of the Prime Minister's Office, SM Ahsan Habib, sentenced to three years' rigorous imprisonment on February 11, surrendered to court on Monday. Judge Md Feroz Alam of the Special Judge's Court-1 in the Sangsad Bhaban area ordered him to jail.

The court on February 11 sentenced Habib to three years in jail and fined him Tk 95 lakh.

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JITCO offers help to export manpower to Japan PDF Print E-mail
Wednesday, 27 February 2008

Dhaka, Tokyo sign $65m loan deal

Staff Correspondent

Dhaka and Tokyo on Monday signed a new loan agreement of 6.96 billion yen equivalent to $65 million for emergency disaster damage rehabilitation project.

The Bangladesh foreign affairs adviser Iftekhar Ahmed Chowdhury and his Japanese counterpart Masahiko Koumura signed the deal on behalf of their respective governments after their bilateral meeting.

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Death threat to Anu condemned PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

Various political parties and organisations on Monday condemned the threat to kill a teacher of Jahangirnagar University's economics department, Professor Anu Muhammad, over the telephone.

A man named Mahmud Hasan on Friday threatened to kill Anu Muhammad unless he refrained from teaching and taking part in television talk shows.

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Shuffle in admin PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

Syed Mohammad Zobaer, the water resources secretary, has been transferred to the civil aviation ministry as secretary.

The establishment ministry issued a gazette notification to the effect on Monday 10 days after the issuance of an order that made Sheikh Altaf Ali, who was civil aviation secretary, an officer on special duty.

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Govt to promote industries in coastal areas PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

The government is planning to develop infrastructures and promote industries in coastal areas to reduce industrial occupation of arable land elsewhere, taking the country's future food security into account.

Small and medium enterprises having less or no consumption of gas will be encouraged in the government's policy of future industrialisation, industries secretary Nurul Amin said at a seminar in Dhaka Monday.

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Govt lenders to wait for private banks' response PDF Print E-mail
Wednesday, 27 February 2008

NARROWING INTEREST RATE

Staff Correspondent

The government-owned commercial banks will take a decision about reducing the gap between lending and deposit rates after seeing how the private sector banks deal with the issue, said Suhel Ahmed, chairman of Janata Bank.

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3-day US Trade Fair begins in Dhaka today PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

The three-day 17th annual US Trade Show will begin in the Dhaka city on Wednes- day.

The American Chamber of Commerce in Bangladesh and the United States embassy are cosponsoring the event at the Dhaka Sheraton Hotel.

Sixty-one US companies will display their products and service at 91 booths in the show, said Syed Ershad Ahmed,

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Specialized training needed for potential jobs PDF Print E-mail
Wednesday, 27 February 2008

Bangladeshi Seafarers

Staff Reporter

The Bangladeshi seafarers after attaining skills through undertaking specialised training can capture the potential jobs in the ocean going vessels run by foreign operators.

Speakers made the observation at a function organised on Monday to mark the certificate giving ceremony of the first batch of the pre-sea cadets of Bangladesh Maritime Training Institute, a private one, at Agrabad commercial hub in the Chittagong city. Director general of the Shipping department, AKM Shafiullah, attended the function as chief guest.

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TeleTalk sets stall at CITF PDF Print E-mail
Wednesday, 27 February 2008

Agency

A mega-pavilion of the Tele Talk Bangladesh Limited, the only public sector cellular phone company of the country was inaugurated at Chittagong International Trade Fair-2008 in Chittagong Monday.

M Habibur Rahman, general manager (Marketing) of the TTBL formally opened the stall as chief guest.

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Japan holds first trade talks with Australia PDF Print E-mail
Wednesday, 27 February 2008

Agence France-Presse . Tokyo

Japan and Australia on Monday began their latest talks on reaching a free-trade deal in the first negotiations since prime minister Kevin Rudd took over in Canberra in December.

It is the fourth round of talks on reaching a free-trade agreement, which would be the first between Asia's largest economy and a major agricultural exporter.

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Thai economy likely to grow 5.5pc this year PDF Print E-mail
Wednesday, 27 February 2008

Agence France-Presse . Bangkok

Thailand's leading economic think tank Monday revised sharply upward its growth forecast for 2008, amid expectations for a surge in exports and increased private investment.

The economy is now expected to grow between 4.5-5.5 per cent this year, far rosier than the last estimates by the National Economic and Social Development Board in December, when growth was tipped at 4.0-5.0 per cent.

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Investment in Africa critical: IMF PDF Print E-mail
Wednesday, 27 February 2008

Agence France-Presse . Ouagadougou

IMF chief Dominique Strauss-Kahn called Monday for investment in Africa, saying much was at stake during the start of his first African tour as the head of the Washington-based institution.

'Africa is for the IMF a place where it must invest a lot and where there is much at stake,' Strauss-Kahn told reporters ahead of talks with Burkinabe president Blaise Compaore and other African leaders in Ouagadougou.

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Eurozone still exposed to US fallout: Stark PDF Print E-mail
Wednesday, 27 February 2008

Agence France-Presse . Frankfurt

The 15-nation eurozone economy is still vulnerable to effects of the US housing and financial crises, European Central Bank board member Juergen Stark said in an interview on Monday.

'We have become more resistant to external shocks, but we are not immune to what is happening in the United States,' Stark told the German business weekly Wirtschafts Woche.

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45pc NABE economists see US recession in '08 PDF Print E-mail
Wednesday, 27 February 2008

Xinhua . Beijing

A survey released Monday by the National Association for Business Economics shows 45 per cent of the economists on its forecasting panel expect a recession in the United States in 2008 because job growth is slowing and consumer confidence is plunging.

The survey shows that 55 per cent still believe the country will be able to skate by without falling into an actual downturn, typically defined as two consecutive quarters of declines in the gross domestic output, the broadest measure of economic health.

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No decision made yet on route planning or buying aircraft PDF Print E-mail
Wednesday, 27 February 2008

New board of Biman formed

Staff Correspondent

The special assistant to the chief adviser who has been put in charge of the civil aviation and tourism ministry, Mahbub Jamil, said that Biman Bangladesh Airlines Ltd's board could not make any decision either on route planning or purchasing aircraft in the last seven months as most of its members failed to give enough time to the newly corporatised national carrier.

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Call to amend disabled welfare act PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

Academics, lawyers and journalists at a seminar Monday called for making amendments to the disabled welfare act 2001 or formulating a new law in line with the UN Convention on the Rights of Persons with Disabilities.

Terming the act incomplete and discriminatory, they said the people with disability were in vulnerable condition and being subjected to discrimination and deprived of their rights to healthcare, education and even access to government services.

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BTRC hands over IGW, ICX, IIG Licences PDF Print E-mail
Wednesday, 27 February 2008

Successful bidders

Staff Correspondent

The Bangladesh Telecommunications Regulatory Commission on Monday handed over licences for three international gateways, two interconnection exchanges and the lone international internet gateway to the representatives of the six companies who won the bid.

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DfID to give 65m for fund to empower the poorest PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

The Department for International Development of the United Kingdom will provide Bangladesh with £65 million over eight years till 2016 to set up and operate a 'challenge fund' for economic empowerment of the poorest.

The Rural Development and Cooperatives Division of the LGRD and cooperatives ministry will operate the fund, aimed mainly at achieving the UN Millennium Development Goals on income poverty and hunger.

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SCC mayor's case shifted to special anti-smuggling court PDF Print E-mail
Wednesday, 27 February 2008

Our Correspondent

The case filed against Sylhet city's mayor, Badar Uddin Ahmed Kamran, under the Narcotics Control Act was transferred to the anti-smuggling special court in Sylhet on Monday for trial.

District and sessions judge MA Gafur transferred the case to the special court and fixed March 17 for the next hearing.

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Police foil reception before gate of Hasina's jail PDF Print E-mail
Wednesday, 27 February 2008

Staff Correspondent

Police on Monday foiled a reception programme in honour of the detained Awami League president, Sheikh Hasina, in front of the gate of the special jail in the Jatiya Sangsad Bhaban's premises.

The Muktijoddha Paribar Kalyan Sangsad organised the reception programme for Hasina, recalling her role in getting recognition of Ekushey February [21 February] as the International Mother Language Day.

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Bombs, firearms seized in Jessore PDF Print E-mail
Wednesday, 27 February 2008

Our Correspondent

The police recovered 11 hand bombs, two pipe guns and bomb-making materials from behind Sarathi Mills Ltd at New Town Sunday night.

According to the Kotwali police, they raided the area and found the bombs and firearms in an abandoned state.

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