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Teachers of non-government primary schools wearing shrouds bring out a silent procession in the capital on Wednesday, demanding nationalisation of their jobs. — New Age photo
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Bureaucracy braced for more OSDs
500 civil servants have been dumped on the establishment ministry as officers on special duty
The bureaucracy is burdened with nearly 500 civil servants, who have been dumped on the establishment ministry as officers on special duty at different times since the incumbent government assumed power in October 2001...[ + ]
Enumerators unhappy as EC withholds payment
More than 2.70 lakh people, mostly schoolteachers, who were engaged by the Election Commission for enumeration for a fresh voter list for the upcoming general elections, are yet to be paid for their work...[ + ]
DEPZ flares up again
At least 30 people were injured on Wednesday in clashes between workers and officials of a readymade garment factory in the Dhaka export processing zone at Savar. In the morning several hundred workers of A-1 garments factory started a work abstention programme to press home their 11-point charter of demands...[ + ]
Farm subsidies continue to end up in wrong pocket
Budgetary allocations for agricultural subsidies fail to benefit farmers, as although the government has increased allocations for agriculture drastically, funds for agricultural services have decreased over the past couple of years...[ + ]
Other Headlines
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Workers press home five-point demand
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Lack of coordination worsens power crisis: Talukder
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Minister asks mayors to install big TV screens
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PM likely to announce job nationalisation in phases
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SC suspends guard for hoisting national flag at half mast
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Nepal’s king set to lose remaining legislative role
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Baishakhi TV director held hours after filing case against Abbas
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Biman likely to cancel tender for aircraft repairs
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Crackdown on piracy, extortion on river routes begins today
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Customs probe body to file report on heroin smuggling on June 15
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No publication of Andolaner Bazar for second day
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Taliban kill, kidnap dozens of Afghan police
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Bolivian president accuses US of trying to kill him
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President improves fast, may return by June 9
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Opposition alliance to lay siege to Dhaka city on June 11
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Wallich hints at no fuel price hike immediately
Three years of floating exchange rate
Three years into the introduction of floating exchange rate, taka depreciated by 17.3 per cent against the US dollar through devaluation and revaluation during the period. The greenback was traded at Tk 57.90 at the end of May 2003 when Bangladesh Bank decided to end its currency peg regime and introduce market-based exchange rate. Weighted average value of a dollar stood at Tk 69.99 on Wednesday as the rate of dollar has been determined on day-to-day basis in the inter-bank foreign exchange market since June 2003...[ + ]

Budget should not be prepared on political consideration: Kholiquzzaman
Mobilisation and utilisation of resources are among the major challenges for the country’s economy, which is still growing at a slower rate than in India and Pakistan, a senior economist says, countering the claim of and complacence over higher growth rate. Energy should be given top priority to accelerate the growth further to generate employment, which is crucial for poverty reduction, says Qazi Kholiquzzaman Ahmad, as he gave his thoughts frankly on key economic issues and budgetary measures in an exclusive interview with New Age recently...[ + ]
Other Headlines
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Day-old chicks still costly
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Anti-smokers demand 200pc tax on tobacco
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GE to invest $250m in India
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India records 8.4pc growth
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UAE projects more investment in Pakistan
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Cambodian RMG exports up 10pc
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Record capital flows for developing world but poorest miss out: WB
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Beximco introduces 3 new drugs
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Windmill opens branch in Chittagong
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APEC trade ministers to push for global FTA
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Oil market ‘well supplied’: OPEC chief
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US urges ‘ambitious efforts’ by WTO members
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US, Vietnam sign trade deal
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India’s 1st Rolls-Royce outlet to target rich entrepreneurs
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Wolfowitz implicates ‘rich’ in African corruption
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US trade data inflated: China
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Japan frets over rich-poor divide despite economic growth
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Zimbabwe gets French loan to buy fuel
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UAE to invest $120m in Thai power plants
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Walmart takes cancer-causing children’s clothes off shelves in China
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Oil prices lower on eve of OPEC meet
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