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Parched, much before March
With Chaitra, the Bangla month that customarily rings in the season of drought, more than a month and a half away, the river Buriganga, or at least where it usually flows during its more blessed months, wears a parched look. The photo was taken on Wednesday at Kamrangirchar on the outskirts of Dhaka. — M SHAFIQUL ISLAM
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Call money rate hits 75pc on liquidity crunch
Central bank terms situation ‘temporary’
The inter-bank money market continued its pre-Eid volatile ways with the overnight borrowing rate, known as the call money rate, hitting a record high of 75 per cent Wednesday on unabated liquidity demand...[ + ]
Dhaka to seek int’l mediation on river-linking project: Hafiz
Bangladesh needs international mediation to get rid of the mega-project by which India plans to interlink trans-boundary rivers, said the water resources minister, Hafiz Uddin Ahmed, on
Wednesday...[ + ]
Bhairab Bridge compensation claim forwarded to law ministry
The cabinet committee on purchase on Wednesday decided to send a £8.6 million compensation demand of the British contractor of the Bhairab Bridge to the law ministry for its opinion, as the committee felt that the compensation amount was too high...[ + ]
31 Marines die in Iraq copter crash
Half-day hartal in Tahirpur today
A US military transport helicopter crashed in bad weather in Iraq’s western desert Wednesday, killing 31 people, all believed to be Marines, in the deadliest incident for US troops since the war began, officials said. Guerrillas killed five American troops and eight Iraqis...[ + ]
Other Headlines
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Dollar sells lower kerbside
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Civil society urged to raise voice against Delhi’s plan
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Bangladesh keep series win hopes alive
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Ban on JMJ demanded
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Babar iterates plan to arrest Bangla Bhai
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BSF killed 297 Bangladeshis in four years: Odhikar
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Govt firm to offload power distribution from PDB
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Indecision cripples Anti-Corruption Commission
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Eight BCL, Juba League men convicted of arson
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Two more crime suspects killed in ‘crossfire’
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Half-day strike observed in Galachipa amid 144
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Commuter train crash in LA kills 9
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Biman likely to fly in Gayoom
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AL to hold news confce once a week
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Consultant selection for Janata Bank finalised
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Khaleda for expansion of trade with DPRK
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Train service snapped over booking by HC judge
EU lowers value addition
requirement for export
The European Union has decided to give duty-free access with lower local value addition to readymade garments from the least developed countries of the SAARC region under a new GSP arrangement to be effective from July this year. Under the new EU business rules SAARC least developed country will enjoy zero tariff for all its apparel exports to the 25-nation European market. The local value addition content under the new GSP scheme will vary from zero to 25 per cent depending on the nature of the products and some other considerations, said Annisul Huq, president of BGMEA...[ + ]
Nike, Columbia want textile
tariffs on Lanka to go
Oregon apparel makers Nike and Columbia Sportswear have joined with several other companies to argue that the US should expand trade with Sri Lanka and 14 other countries, to mitigate the economic effects of last month’s deadly tsunami. Sen Gordon Smith, R-Ore., plans to introduce a bill that would remove tariffs on textiles and other products from the countries, which also include Cambodia, Nepal and Afghanistan...[ + ]
Other Headlines
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Leasing cos propose changes in accounting system
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Critics brand 4 top MNCs as ‘irresponsible’
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National Tubes’ net profit up 71pc in six months
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‘US deficit to hit $427b’
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China robust growth to underpin global commodity prices: Analyst
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Local co to set up agro plant in Mongla EPZ
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Australian HC gives fund to SEDS
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Qatar Airways launches flights to South Africa
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Pakistan rice exports fall
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US must spend less or risk global shock: UN
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Yen cuts recent losses on China comments
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Part of McDonald’s obesity suit revived
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Brown ‘needs £11b tax increase’
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Microsoft plans restrictions on security fixes
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Shoppers in US to save $13b from end of quotas
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US, China sign deal to finance US exports
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China becomes Japan largest trade partner
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Indonesian economic strides raise neighbours’ hopes
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