Says BoJ chief United News of Bangladesh . Chittagong The National Board of Revenue chairman, Abdul Mazid, on Saturday said they would try to raise revenue income from internal sources to make up the shortfall caused from the impact of decline in commodity prices in the world market. ‘Our revenue growth has been based on ... Read more
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Grameen Danone Foods enters Dhaka market
Star Business Report Grameen Danone Foods Ltd entered Dhaka market yesterday with its nutrient-rich ‘Shakti’ brand food items to build a cushion against the subsidy it provides for selling the products at cheaper rates among the
Matia hopeful of high returns from fertilizer price cut
BSS, Dhaka Expecting high returns from the biggest-ever allocation for agriculture sector, Agriculture Minister Begum Matia Chowdhury today brushed aside the notion of providing Taka 2,700 crore fresh subsidy to fertilizer a problem for the new government. “The government has the ability to afford the money required to give the subsidy on fertilizer. If we ... Read more
Wellpac exports to plastic bag market in Europe
Sarwar A Chowdhury An export-oriented Dutch-Bangla joint venture company started its journey last month. The company, Wellpac Polymers Limited, has already made its first shipment of plastic bags to the Netherlands entering the billion-dollar international plastic bag market. “Initially our target is exporting 3,000 tonnes of plastic bag, especially shopping and garbage bags, a year ... Read more
ICDDR,B, core donors take part in signing ceremony
A group of seven core development partners along with ICDDR,B officials participated in a signing ceremony documenting their continued partnership, at ICDDR,B’s Mohakhali campus recently. The Core Donors’ Group (CDG) was established in 2007 to coordinate donor funding to ICDDR,B in consistence with the Paris Declaration on Aid Effectiveness. The CDG members providing unrestricted support ... Read more
PBL joins trade fair in UAE
NATION BUSINESS REPORT A trade fair titled ‘Bangladesh Single Country Trade Fair’ has recently been held at Sharjah, UAE which was participated by local companies of Bangladesh. Different banks, financial organizations and companies participated in the fair. Pubali Bank Limited also took part in the fair to expand and promote foreign remittance from the UAE ... Read more
Govt to revise fertiliser distribution system
Obaidul Ghani The government is likely to revise the fertiliser distribution system, which now depends on the recommendation of the inter-ministerial committee, said the agriculture secretary on Saturday. However, the government plans to revive the function of the inter-ministerial committee in couple of days as the committee usually look after the policy of fertiliser distribution ... Read more
Vow to check unrest in edn institutions in Rajshahi city
22-point action plan drawn as parties, institutions, student bodies agree RU Correspondent Leaders of different political parties, heads of educational institutions and student organisation of Rajshahi at a meeting yesterday agreed to abide by a 22-point action policy to keep educational institutions in Rajshahi city free from student unrest and criminal activities. Rajshahi City Corporation ... Read more
Subsidy not enough unless it reaches farmers
Protect sharecroppers, marginal farmers A.T. M. Nurun Nabi The newly elected Awami League Government has reduced the non-urea fertiliser price almost by 50 percents in order to reduce the production cost in the greater interest of the majority people. As per decision, Triple Super Phosphate (TSP) will be available at taka 40 per kilo instead ... Read more
Task force a must to offset impact of global financial crisis: experts
Say Bangladesh economy really vulnerable to external shocks Staff Correspondent Economists and trade experts on Saturday called for formation of a task force, as pledged by the government, soon to effectively to ward off the impact of the ongoing global meltdown on Bangladesh economy. Exports, foreign direct investment and remittances are the areas that may ... Read more
ECR introduced at Barisal city
Our Correspondent, Barisal Some medium and large size shops in the Barisal City Corporation areas have introduced Electronic Cash Registration (ECR) system of late. Md. Abdul Mannan Sardar, Assistant Commissioner, Anwar Hossain, Superintendent of Barisal Divisional Customs, Excise and VAT Office said that in Barisal city already twenty five business institutions have been selected for ... Read more
Dealers stop selling non-urea fertilisers as govt halves rates
Our Correspondent, Rangpur Most of the dealers under Bangladesh Chemical Industries Corporation (BCIC) in the district have stopped selling non-urea fertilizers following agriculture ministry’s declaration about subsidy on them. Farmers at different places in the districts said they are not getting Triple Super Phosphate, Di-amonia and Mutate of Potash, which are most essential during preparation ... Read more
Ministers, MPs to work together for development of Chittagong
BSS, Chittagong Ministers and lawmakers at a roundtable here today pledged to work together to revive the past glory OF Chittagong through executing a time-befitting development programme and exploiting maximum economic potentials for turning the port city into a regional trade and investment hub. They said the government of Prime Minister Sheikh Hasina is quite ... Read more
Chaity wins Lux-Channel i Super Star crown
Sheikh Arif Bulbon Chaity won the crown of the Lux Channel I Super Star 2008 yesterday. Tajzi became first runner-up, while Deepa stood the second runner-up position. This was announced at the grand finale of beauty pageant and talent hunt contest ‘Lux-Channel i Super Star,’ at Bangladesh-China Friendship Convention Centre in the city yesterday night. ... Read more
AL plans top-down approach,BNP for bottom-up
PARTY REORGANISATION AL plans top-down approach,BNP for bottom-up Shahidul Islam Chowdhury and Partha Pratim Bhattacharjee Major political parties, including the ruling Awami League and the opposition in parliament Bangladesh Nationalist Party, are planning to democratically revitalise respective parties and hold national council sessions after the January 22 upazila elections. The Awami League is planning to ... Read more
UN-run school struck in Gaza
Israel shells 50 targets ahead of truce vote Afp, Ap, Gaza City Israel pummelled Gaza with new strikes yesterday destroying 50 targets, including a UN-run school sheltering hundreds of refuges in the north, hours before an expected unilateral halt to a 22-day war on Hamas. The Israeli security
Violence in two more univs
VC confined in CU, 40 hurt in Jagannath Univ Staff Correspondent Violence on Saturday spilled over to two more public universities after Jahangirnagar University centring on political enmity and in-fighting of the Chhatra League over stranglehold on campuses. At least 40 students were injured in the clashes in Jagannath University. Students in Chittagong University had ... Read more
AL asks BCL leaders to rein in errant activists
Partha Pratim Bhattacharjee The ruling Awami League has asked top leaders of Bangladesh Chhatra League, its associate body, to go tough on activists involved in recent campus violence that forced closure of a few educational institutions, a leader of BCL told New Age. The government has also asked the law enforcers to take action against ... Read more
Industrial pollution chokes people, crops alike
Mirza Shakil and Pinaki Roy Ammonia mixed toxic gas and urea dust emitted from Jamuna Fertiliser Factory (JFF) in Jamalpur have allegedly been wreaking havoc on the local environment and causing debilitating illnesses among the locals. The toxic gas of the largest urea producing factory, at Tarandani of Sarishabari upazila in Tangail, has also been ... Read more
Deputy speaker from opposition, no chance for war criminals
Says Abdus Shahid Staff Correspondent Abdus Shahid, who was picked to be chief whip by prime minister, said the nation would not accept any war criminal as the deputy speaker of the parliament if the opposition party proposes such name. “The nation will not accept any war criminal as the deputy speaker as the nation ... Read more