Crop failure due to substandard seeds supplied by a multinational company in the tomato growing Godagari upazila which has been providing 80 per cent of its national supplies over the recent years is hurting the growers. This year, the growers said that 8,000 farmers cultivated tomatoes on 4,500 hectares of land,
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Dhaka stocks on the rebound
Dhaka stocks rebounded on Monday after Sunday’s unprecedented plunge, with investors going for bulk purchase of shares mainly due to postponement of all stringent directives by the Securities and Exchange Commission. The benchmark general index of the Dhaka Stock Exchange advanced by 304.87 points, or
Here comes Airtel
Bharti Airtel Ltd yesterday announced its new-look brand in Bangladesh with a promise of providing better services to customers. Airtel is a leading global telecommunications company with operations in 19 countries. The mobile operator, under the Airtel Bangladesh brand, announced the launch of its
Schoolgirl dies after gang rape by classmates
A schoolgirl died in hospital after gang rape by classmates at Bangabari of Gomostapur upazila in Chapainawabganj district on Sunday night. The victim was identified as Nuresha Khatun, daughter of Bairul Islam of Begunbari village. She was a student of class IX at Bangabari Girls High School
Six killed, 50 injured in road accident
At least six people were killed including two physicians and 50 more were injured in a road accident on Rajshahi-Naogaon highway at Sabaihaat in Naogaon on Monday evening. Police said that a BRTC bus from Naogaon on its way to Rajshahi fell into a roadside ditch at Sabaihaat at around 6 6pm when the driver lost ... Read more
Investors rally as DSE sees record plunge
Hundreds of investors on Sunday staged a rowdy demonstration in front of the Dhaka Stock Exchange building as the bourse experienced a record plunge following a series of stringent directives of the Securities and Exchange Commission and the Bangladesh Bank. The DSE general index lost 551.77 points, or 6.72 per cent, to close the day ... Read more
Call money rate rises to 190pc
The inter-bank call money rate (interest rate that banks charge from other banks) on Sunday increased further to 190 per cent as cash shortage hit the banks and the non-banking financial institutions (NBFIs) continued to borrow at higher interest rates. Banking sources said that the call money rate shot up to 190 per cent on ... Read more
Death toll from Sunamganj trawler capsize reaches 37
Death toll from Saturday’s trawlers capsize in river Dhanu in Sunamganj reached 37 with recovery of two more bodies on Sunday morning, local officials said. The rescue team, which had been sent from Dhaka, could not trace any more victim of the accident during a four-hour rescue operation which ended at 2-30pm, they
Families want PM’s intervention
Rescue of Jahan Moni crew Families want PM’s intervention Family members of the crew of the hijacked Bangladeshi cargo liner MV Jahan Moni demanded on Sunday immediate and direct intervention by prime minister Sheikh Hasina for the rescue of their dear ones. They told New Age on the sidelines of a news conference they addressed ... Read more
CNG station shutdown cut to 4 hours
Strike called off The owners of CNG refuelling stations yesterday called off the strike scheduled for tomorrow as the closing time of the stations has been reduced by two hours from today. The decision came after a meeting at the power and energy ministry in the afternoon. Finance Secretary Al Mamun of CNG Filling Station ... Read more
BSF kills another Bangladeshi trader along Benapole border
India’s Border Security Force shot dead a Bangladeshi cattle trader along Putkhali border at Benapol in Jessore on early Sunday. The deceased was identified as Shafiar Rahman, 35, resident of Kagojpuker village. Abdul Kader, commander of the Bangladesh Rifles’ Putkhali camp, said that BSF soldiers of
35 dead as 2 trawlers collide in river Dhanu
At least 35 people died when two trawlers collided head on and capsized in the river Dhanu in the northeastern Sunamganj district on Saturday night, the local administration said. At least 20 passengers remained missing till 1:00am, the police said. Both the trawlers capsized after the
City dwellers face grave gas crisis
Numerous illegal connections contribute to low pressure Gas supply crisis this winter will be the worst ever as thousands of new gas connection seekers have illegally obtained it bypassing the government restriction on the same from July, Petrobangla sources said. This is evident from the fact that there has been a sharp drop in gas ... Read more
6-month maternity leave from Jan
Working women are likely to enjoy six months of paid maternity leave from January 2011, said a high official of the Ministry of Finance. The government will immediately issue a gazette notification to implement the maternity leave, which is now under consideration of the president, he
Rescue of Bangladeshi ship captured by Somali pirates will take time
Although the move to rescue the Bangladeshi ship hijacked by the Somali pirates is on, the possibility of its immediate recovery is very thin, sources in the shipping department said. The authorities are, however, optimistic about rescuing the vessel—MV Jahan Moni—of SR Shipping keeping the crews unhurt, saying that the process generally takes time, the
V-Day celebrated
Nation calls for speedy war trial The nation yesterday celebrated its 40th Victory Day commemorating the heroes who gallantly made the best of all sacrifices for the country’s liberation in 1971. However, the people’s demand for the completion of the war crimes trials in a fair and acceptable manner rang loud and clear amid all the ... Read more
Victory Day today
The people celebrate the 40th Victory Day today, when the nation triumphed in the nine-month War of Independence against the Pakistani occupation forces and their local collaborators in 1971. The celebrants will also demand rule of law, institutionalisation of democracy and completion of the war crimes trial
HC bans scrap ship import till rules framed
The High Court on Wednesday ordered import of no ship for scrapping till the framing of necessary rules on ship-breaking in line with the directives it issued on March 17, 2009. The bench of Justice AHM Shamsuddin Chowdhury and Justice Sheikh Md Zakir Hossain also gave the government three more months to frame the
Doing what he avoided watching in films
Abdul Mannan had to do what he had always been unwilling to watch in films — a man carrying the body of his son — because of the grief it inflicted on him. And he had to carry home his son, who died in fire that broke out in the Ha-Meem Group apparel factory on ... Read more
Allegation untrue
Financial offer of expressway’s bid winner opened; losing bidder’s claim loses ground Total cost of Dhaka Elevated Expressway (DEE) as per financial offer of the winning bidder is Tk 8,703 crore, and not Tk 13,000 crore as the losing bidder had earlier alleged. Construction cost per kilometre of the 26-kilomentre elevated expressway will be around ... Read more