The government on Wednesday ordered the law enforcement agencies not to allow non-motorised vehicles to ply national highways any more to check fatal accidents. The directive came at a meeting at the secretariat on highway traffic management. The home affairs minister, Sahara Khatun, presided over the
Month: February 2011
‘Heavy wounds’ all over body
Girl Whipped to Death ‘Heavy wounds’ all over body Finds fresh autopsy report to HC; main accused Mahbub held Hena’s body bears “heavy wounds” all over, the High Court said yesterday quoting a fresh autopsy report submitted to it. The death of Hena was homicidal in nature, the HC further said quoting the post-mortem report ... Read more
People say power price increase to add to woes
A cross section of the people has adversely reacted to the power price increase as it will add to their sufferings. Experts, politicians, businessmen and common people think that power price increase would push up essential goods prices that have already hit hard low- and middle-income
Govt works on offloading shares of state-owned companies
Barua tells New Age The government is working on offloading shares of several state-owned companies to support the capital market, the industries minister, Dilip Barua, said on Saturday. The work on offloading shares of the Chittagong-based state-owned company Pragati Industries Ltd is in final stages, he said in an exclusive interview with
HRC chief doubts ‘self-defence’ claim
‘Crossfire’ Killings HRC chief doubts ‘self-defence’ claim Only the judiciary can determine whether self-defence is a reason for law enforcers to commit extra-judicial killings, National Human Rights Commission Chairman Prof Mizanur Rahman said yesterday. “There have been claims that law enforcers shoot in self-defence. Only the judiciary can determine if such shootings were done in ... Read more
Muhith admits to failure in offloading shares of state-owned cos
The finance minister, Abul Maal Abdul Muhith, in the parliament on Wednesday said that he had failed in the offloading of shares of state-owned enterprises and hoped that the capital market would better in coming months as some initial primary offerings are coming soon. ‘I feel no hesitation about admitting that I have failed in ... Read more
DU students launched movement for Bangla
A significant development in the gathering movement for Bangla to be adopted as the state language, or one of the state languages, of Pakistan was the move made by a dedicated band of left-leaning students of Dhaka University soon after the details of the Basic Principles Committee report came to light. In April 1951, the ... Read more
The organisational machine
Sarwar Ahmed What is an organisation? As you reach for Wikipedia in today’s digital world, you have access to a whole repertory of knowledge for free. An organisation is a social arrangement that pursues collective goals, controls its own performance, and has a boundary separating it from its environment. An organisation consists of people who ... Read more
Muhith sees stable stock market by this week
Finance minister Abul Maal Abdul Muhith on Tuesday said stability would return to the capital market in this week after the government completed implementing the decisions taken towards that end. ‘Normalcy would return after implementation of the decisions we have taken. It might take a little time… [But] It’s not wise to change decisions repeatedly,’ ... Read more
Govt assurance, institutional investors’ return help DSE make magic rebound
Dhaka stocks on Tuesday made a dramatic turnaround on the finance minister’s remark that the capital market would be stabilised this very week and some institutional investors’ re-entry into the market, analysts said. Heavy buying of shares by different government agencies like the Investment Corporation
Mobile operators: Strict rules to bar stock listing
Mobile operators yesterday said unfriendly telecom regulations will restrict them to go public. Senior officials of leading mobile operators said their plan to be listed on the stockmarket will be uncertain, if their growth is hindered due to unfriendly telecommunication rules. “Nobody will buy our shares if we continue to incur losses,” said Robi CEO ... Read more
US Trade Show opens tomorrow
The 20th annual US Trade Show begins at Dhaka Sheraton Hotel tomorrow, the American Chamber of Commerce in Bangladesh told a media conference on Tuesday. A number of new companies and a delegate of 18 members of the AmCham India will participate in the three-day show
Telcos demand equal licence fees
Four major mobile operators yesterday urged the government to rationalise their licence renewal fees to help the sector grow. They also demanded a flat rate of fees for spectrum acquisition. Grameenphone, Banglalink, Robi and Citycell that control 92 percent of the country’s
Adfest kicks off tomorrow
A daylong advertising festival titled Third Dhaka Advertising Festival-2011 is set to start in Dhaka tomorrow to promote local advertising industry at Bangabandhu International Conference Centre. The Advertisement Club, a platform of the sector professionals, is organising the show carrying the theme ‘Advertising- Redefined’, said a member of the club at a press meet in
City Bank gets new AMDs
City Bank has appointed Sohail RK Hussain and Ehsan Khasru as the additional managing directors of the bank recently, said a statement. Sohail RK Hussain was the deputy managing director and head of business of the bank prior to the promotion and he has been with the bank since
Youth ‘kills’ self jumping from Dhaka court roof
A youth allegedly committed suicide jumping from the rooftop of the eight-storey building of Dhaka district court in the capital yesterday. Saidul Morsalin, 26, son of an advocate of the court Sirazul Islam, was declared dead at Mitford Hospital. Saidul fell on the ground after hitting three advocates who were present on the court
Power prices go up
The Bangladesh Energy Regulatory Commission at a press briefing in its office on Tuesday increased both the retail and bulk prices of electricity with effect from February 1. The commission increased the retail price of electricity without any open meeting and public hearing. Consumers will now need to pay to the power distribution agencies
Cruel twist of fate
Bubbly little boy turns immobile while playing in front of under-construction house Six-year-old Maruf used to frolic and keep everyone busy around him all the time. But not anymore. He now lies paralysed on a bed at Dhaka Medical College and Hospital, as his skull has been damaged when some bricks fell on his head ... Read more
Investors run riot again
Small investors went on a rampage at Motijheel commercial area on Tuesday, vandalising scores of vehicles and business establishments after the general index of Dhaka Stock Exchange plunged again in mid-day trading. Police detained three investors, while 15 investors and police were injured in two-hour
Buriganga freed of 6 grabbers
Inland waterways and district administration authorities stopped earth-filling and removed boundary walls built by some encroachers on the river Buriganga at the city’s Mohammadpur yesterday. Inland Water Transport Authority (BIWTA) along with Dhaka district administration conducted the drive along around 700 metre embankment of the river in Ramchandrapur mouja as