Two commissions to mediate tax disputes

August 30, 2010

The government has moved to fast-track disposal of pending revenue cases out of court.

In a meeting chaired by Finance Minister AMA Muhith at his ministry yesterday, the National Board of Revenue tabled draft laws to create two commissions for this purpose.

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Pistol used to kill Jewel recovered

August 21, 2010

Police yesterday seized the foreign-made pistol used in killing Bogra district Chhatra League leader Sakhawat Hossain Jewel.

Criminals killed Jewel, former joint secretary of Bogra district unit Chhatra League, by shooting and hitting with local made weapons inside Shibbati Sebak Samity in the town on June 5 night.

On July 16, police arrested Bogra Jubo League leader Omar Khayyam Ropan on charge of involvement with the killing of sand trader Liton when he came out with bail in Jewel killing case from Bogra Chief Judicial Magistrate’s Court.

Following Ropan’s statement, Bogra police led by Assistant Superintendent of Police (ASP) Arifur Rahman Mondal yesterday morning recovered the pistol along with two bullets and two magazines that were wrapped in a plastic bag in an abandoned garden at Andha Hafezia Madrasa Lane in the town, police officials said at a press conference at the office of Bogra superintendent of police yesterday noon.

Ropan bought the pistol from a bordering village in Joypurhat district for Tk 75,000, ASP Arifur Rahman said, adding that Ropan hired criminal Rokonuzzaman Ripon for Tk 50,000 on June 4 to kill Jewel and Ripon was with Jewel during the killing.

Ripon was killed at Malotinagar in the town on August 14 evening.

On the same night, a case was filed with Bogra Sadar police station against BNP leader and Bogra municipality ward councillor Shifar Al Bakhtiar and 13 others on charge of killing Ripon by shooting and local made arms.

There are several cases with Bogra Sadar police station against Shifar, police said.

Source: thedailystar.net

Boutiques cheery on Eid

August 19, 2010

Fashion boutiques are upbeat on the sales prospect during Ramadan, as consumers are set for a shopping spree.

Officials of popular boutiques, such as Kay Kraft, Aarong, Cats Eye and Deshal, said they are ready with an array of items, to meet demand during the biggest shopping time of the year. Shoppers have also been buoyed by the steady prices of essential commodities in the market.

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Post office faces crunch as depositors withdraw cash

August 19, 2010

Many savings account clients are failing to get their money upon demand due to serious cash flow problem in Barisal Head Post Office.

Following government decision to reduce interest on different savings accounts and levy ten per cent tax on the interest earned, a good number of depositors have decided to withdraw cash from their accounts, Md Mohsin Uddin, head postmaster of Barisal Head Post Office, said.

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Surplus despite global slump: BB

August 18, 2010

Surplus despite global slump: BB

The country’s current account balance posted a massive surplus, thanks to surging remittance numbers and modest growth in imports, according to the central bank.

The latest statistics of Bangladesh Bank for fiscal 2009-10 show a surplus of $3.73 billion at the end of June, rising 54 percent from during the previous fiscal year of 2008-09.

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Surplus despite global slump: BB

August 18, 2010

The country’s current account balance posted a massive surplus, thanks to surging remittance numbers and modest growth in imports, according to the central bank.

The latest statistics of Bangladesh Bank for fiscal 2009-10 show a surplus of $3.73 billion at the end of June, rising 54 percent from during the previous fiscal year of 2008-09.

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Coffee, orange trees dying for water crisis in CHT

August 18, 2010

Hundreds of coffee and orange trees at several mixed fruits orchards in Chittagong Hill Tracts are dying because of shortage of water and lack of proper nursing.

As a result, the ‘Mixed Fruits Orchards’ project run by Chittagong Hill Tracts Development Board (CHTDB) in eight upazilas is going to fail its target and many rehabilitated farmers will be affected in the long run.

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RMG workers block highway over fellow’s death

August 18, 2010

Garment workers blocked the Dhaka-Mymensingh Highway for a half an hour following the death of a fellow worker in a road accident near Targachha in Gazipur Sadar Upazila Wednesday morning.

They also vandalised 7 to 8 vehicles protesting the killing, reports a correspondent from Gazipur.

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UP chairman shot dead in Khulna

August 17, 2010

Criminals shot dead a union parishad chairman in Phultala upazila of Khulna district yesterday morning.

Abu Saeed Badal, 42, chairman of Damodar union parishad (UP) under Phultala upazila of Khulna district, was going to the UP office on a motorcycle from his house at Damodar when two young men waylaid him.

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Top companies wrestle energy crisis to ground

August 9, 2010

Top industrialists have decided to use a four-pronged strategy — involving furnace oil, lower bank-lending rates, lower margin and strict cost controls — to offset the losses amid the crisis in natural gas supplies.

Industrial conglomerates such as Abul Khair, PHP, Nasir, Akij and Jamil groups took the decision to keep their business units afloat.

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