Star Business Report Stocks declined on Sunday after an eight-day gaining streak as investors sold shares to book profits, after the finance minister indicated market manipulation might be at work again. The Dhaka Stock Exchange’s benchmark index DGEN lost 91 points, or 1.39 percent, to close at 6,486. On the port city’s bourse, the selective ... Read more
Month: July 2011
Ahsan Afzal, Badrul H Khan become AB Bank DMDs
Ahsan Afzal recently joined AB Bank Limited as deputy managing director and Badrul Haque Khan was promoted to the post of deputy managing director of the bank. Prior to joining AB Bank, Ahsan was the general manager for unsecured lending and consumer transaction banking at Standard Chartered Bank, said a news
MA Awal becomes Sonargaon Hotel director
Pan Pacific Sonargaon Dhaka promoted MA Awal to the position of director of sales and marketing from July 1. Awal, with his new position and responsibilities, became a member of the executive committee of the hotel whose role is to establish and set the trend, policies and procedures under the guidance of the general manager ... Read more
Passengers destined to suffer as Barisal port dev work goes slow
The work of the Barisal river port development project is going on at a snail’s pace, with the deadline already missed several times. People will suffer during Eid rush in September as the work is not expected to end before December. The deadline for completing the project was April of the current year and after ... Read more
Rise in sea levels will swamp islands
A 36-inch increase in sea levels would swamp all low-lying areas and islands around the globe including southern Bangladesh, said experts at a seminar on Monday. Experts found that the sea levels have risen between four and eight inches in the past 100 years but current projections indicate that sea levels could continue to rise ... Read more
Students suffer as RU hall reconstruction delays
The reconstruction of the Rajshahi University Motihar Hall, a dormitory for its male students, has not yet been completed, leaving the students to suffer more from the existing accommodation crisis at the institution. The university students blamed that the authorities were negligent in carrying out the construction work sooner. This correspondent, during his visit to ... Read more
Call for proper implementation
Climate Strategy Call for proper implementation The country’s future depends on how effectively the government implement the climate change strategy and action plan, experts said yesterday, emphasising proper research to face the challenge. Speaking at a climate conference, they blamed lacks of political will and coordination among ministries for Bangladesh’s lagging behind in climate strategy ... Read more
Seven injured in Chittagong cylinder explosion
Seven people were injured after the cylinder of a CNG-run auto-rickshaw exploded at Kulgaon under Bayzid police station in the Chittagong city early Sunday. The injured were identified as Alauddin, 24, Shahabuddin, 28, Raju Ahmed, 26, Jahangir, 25, Rabiul Islam, 26, Helal, 24, and the CNG driver Shahabuddin,
58.37pc population suffers from fever
The highest 58.37 per cent of the country’s population of both sexes suffered from fever, according to the Household Income and Expenditure Survey, 2010. The survey showed that 9.94 percent of the population of both sexes at the national level suffered from pain, followed by 5.16 percent from diarrhoea, 2.12 percent from dysentery, 2.49 percent ... Read more
Office hours during Ramadan
Staff Correspondent Office hours during the month of Ramadan will be from 9:00am to 3:30pm for government, semi-government, and autonomous and semi-autonomous organisations. A proposal in this regard will be placed in the cabinet at its regular weekly meeting today at Bangladesh Secretariat. Prime Minister (PM) Sheikh Hasina will chair the
PRAN-RFL Group makes donation to BSMMU nursing faculty
PRAN-RFL Group has donated Tk 5 lakh to the nursing faculty of Bangabandhu Sheikh Mujib Medical University. PRAN-RFL Group chairman Mahtabuddin Ahmed handed over the cheque to BSMMU vice-chancellor Pran Gopal Dutta at his office on Sunday, said a press release. Mahtabuddin said as part of corporate social responsibility the amount was given for expedite
Sylhet tree fair witnesses holiday crowd
The Sylhet divisional tree plantation campaign and tree fair drew a huge crowd on Monday, a public holiday for Shabe Barat, a religious occasion of the Muslims. The organisers and stall owners said that people began to pour in from the late afternoon. Service holder Shahana Begum bought her 6-year-old son Dihan to take a ... Read more
Pabna headmaster freed on bail
5 ‘plotters’ temporarily barred from coming to school The headmaster of Basherbanda High School, who was convicted in a ‘false charge’ of sexual harassment on July 10, got released upon bail on Sunday as the court granted his petition for appeal. “I am innocent but was implicated in the false charge due to a conspiracy,” ... Read more
Mysterious death of mother, 2 children
Bodies of a housewife and her two children were recovered from a pond at Chhoykut village in Kamalganj upazila early Sunday. The deceased are Shelly Rani Dev, 30, wife of Asit Chandra Dev and their daughter Oishi Rani Dev, 2, and son Uzzal Chandra Dev,
6 beaten to death
Villagers in Aminbazar, police claim them to be robbers; they found to be fun-loving students; families barricade roads Six students were killed after hundreds of villagers in Amin Bazar on the city’s outskirts swooped on them with sticks and sharp weapons early yesterday on the night of Shab-e-Barat. The reason behind the attack, which also ... Read more
Students they were
They all were students, “not robbers”. Shams Rahim Shamam, 17, an A-level student of Maple Leaf International School, was one of the six students who were beaten to death by a mob in Amin Bazar early yesterday. The other five victims are Ibrahim Khalil, 20, Towhidur Rahman Palash, 22, and Kamruzzaman
If population 14cr, food in surplus
Agriculture minister terms latest census find unrealistic The preliminary findings of the latest census that put the country’s population at 142.3 million do not correspond with the current figures of domestic demand for food, its production and import. “Had the population been 142.3 million, we should have been sitting on sacks full of food grains ... Read more
Granting of transit to India a political decision: Dipu Moni
Protocols providing transit facility to India are likely to be signed during the visit of the Indian Prime Minister, Dr Manmohan Singh, scheduled for September 6-7, foreign minister Dipu Moni has said. “Several protocols are expected to be signed during the visit of Dr Singh. Hopefully, we will be able to finalise them before his ... Read more
Metro rail project hits a snag because of clearance problem
JICA wants all procedure to be completed by next month The communications ministry is facing an uphill task to make progress in the proposed metro rail as the air force again refused to give clearance for the mega transport project worth US$ 1.7 billion. Officials of the ministry said the air force under the ministry ... Read more
A den where police ‘back’ criminals
Keblarchar in Aminbazar, where six students were beaten to death by a mob yesterday, is a major drug den controlled by criminals allegedly under the shelter of law enforcers. Locals say the area is also infamous for illegal sand trading run by criminal gangs in collaboration with some members of law enforcers and unscrupulous people ... Read more