Vol. 5 Num 476 Tue. September 27, 2005    
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Front Pagearrow Big progress in HSC results
Higher secondary education has received an apparent boost as 59.
 arrow Petrobangla starts probing Niko gas pipeline scam
As the Asian Development Bank (ADB) has threatened to suspend funding the Dhaka Clean Fuel Project, the energy ministry has assigned Petrobangla to investigate Canadian company Niko's gas pipeline scam.
 arrow Saifur for more aid, market access
Finance and Planning Minister M Saifur Rahman has urged the developed nations to give exports from low-income countries necessary market access and to execute recent initiatives for increasing aid toavert
 arrow Agrani loss shoots to Tk 2,172cr as int'l standards applied
Agrani Bank incurred a staggering loss of Tk 2,172 crore in 2004 while it attempted to achieve international standard in its financial statement through making it more transparent.
 arrow 4 more confess part in Aug 17 bombing
Four more people gave statements before magistrates in Dhaka and Bagerhat yesterday, confessing their involvement in the August 17 countrywide blasts.
 arrow Notre Dame, City College, Viqarunnisa top the Gpa-5 list
Notre Dame College, Viqarunnisa Noon (VN) College and Dhaka City College came out first, second and third respectively in terms of securing the highest number of Grade Point Average or GPA-5 in this year's
 arrow GPA-5 galore
As many as 5,509 students secured the highest Grade Point Average (GPA)-5 in this year's Higher Secondary Certificate (HSC) examinations breaking all the previous records.
 arrow Tuesday Group to continue efforts for govt nod
Tuesday Group, a club of foreign diplomats in Dhaka, will continue efforts to convince the government to let it hold the planned conference on electoral practices, said diplomatic sources.
 arrow Maizbhandari quits BNP as govt fails to act against Jamaat
Syed Najibul Bashar Maizbhandari, ruling BNP's international affairs secretary, yesterday resigned from the party, protesting the government's 'failure to act' against Jamaat-e-Islami which, he says,bears
 arrow 7 hurt as bombs explode in BCL march at DU
At least seven leaders and activists of Bangladesh Chhatra League (BCL) were injured when two hand-made bombs went off behind a procession of the seven opposition backed student organisations on Dhaka
 arrow Road march to Tengratila begins
The National Committee to Protect Oil, Gas, Mineral Resources, Electricity, and Port yesterday started a three-day long Dhaka-Tengratila road march demanding that the government realise compensationfrom
 arrow Hasina tells Judith govt out to rig next polls
Leader of the Opposition Sheikh Hasina at a meeting with US Chargé d'affaires (CDA) Judith A Chammas yesterday expressed concern over holding the next general elections in a free and fair manner.
 arrow OC mastermind of Commerce College student killing
Closed Officer-in-Charge (OC) Rafiqul Islam of Motijheel Police Station masterminded the killing of Mirpur Commerce College student Kamrul Islam Momin, two arrestees in the case have told Rapid Action
 arrow Biman staff to go on strike from today
Officials and employees of Biman Bangladesh Airlines are likely to go on an indefinite strike today to realise their various demands.
 arrow Kidney dialysis chemicals stored improperly
A mobile court raiding a medicine stores yesterday found Bangladesh Health Products not keeping the required temperature for dialysis solution needed for the treatment of kidney diseases.
 arrow Munshiganj BCL leader gunned down
A BCL leader was gunned down by unidentified assailants at Court-gaon in Munshganj town yesterday morning.
 arrow Search for victims goes on as Rita bill mounts
Rescue helicopters and boats waited for dawn yesterday to resume their search for victims of Hurricane Rita in flooded Louisiana communities as the bill from the natural disaster continued to mount even
 arrow PM shocked at Rita devastation
Prime Minister Khaleda Zia yesterday conveyed her shock to US President George W Bush at the destruction of valuable property and sufferings caused by hurricane Rita to the people in the southern parts
 arrow Moudud favours pvt TV coverage of JS session
Law, Justice and Parliamentary Affairs Minister Moudud Ahmed yesterday said he favours allowing private television channels in parliament but the speaker does not want it.
 arrow 3 robbers lynched in Comilla
Three robbers were lynched and two others injured by a mob on the Comilla-Chandpur road at Paranpur under Laksam upazila on Sunday night.
 arrow Meherpur BNP leader killed in bomb attack
Criminals yesterday killed a BNP leader in Meherpur by hurling bombs on him while another BNP activist, who was attacked and injured by a gang in Kushtia on September 20, died in Rajshahi yesterday.
 arrow Israel strikes anew after Hamas halts attacks
Israel launched multiple missile strikes in Gaza yesterday, hours after the main Palestinian militant group said it would stop attacking the Jewish state following Israeli air raids in response to rocket
 arrow Cabinet okays office hours for Ramadan
The Cabinet yesterday approved a proposal for fixing office timing for government, semi-government, autonomous and semi-autonomous organisations during the month of Ramadan.
 arrow Pakistan, India to hold talks on air, road links
Nuclear-armed rivals India and Pakistan will hold fresh talks on air and road links this week to strengthen their ongoing peace process, Pakistan's foreign ministry said yesterday.
 arrow IDB to consider enhancing oil import funds
The Islamic Development Bank (IDB) will consider enhanced fund support for Bangladesh to help overcome the recent oil shock that prompted the government to divert a substantial amount from the fund which
 arrow 'Criminal' shot dead in Mirpur
Criminals gunned down a youth after abducting him from Mirpur in the city last night.
Police said several accomplices of infamous Shahadat Group abducted alleged criminal Jewel from road No.

 arrow Saarc summit in Dhaka to be a landmark event
Indian Foreign Secretary Shyam Saran yesterday said the 13th Saarc Summit in Dhaka is going to be a landmark event to discuss important steps like setting up of the regional poverty alleviation fund.
Businessarrow BGMEA seeks govt steps as woven garment export dips
Downward trend in woven garment export especially to the EU market is becoming a real worry for the country, said BGMEA President Annisul Huq.
 arrow Petrol pump owners threaten to stop fuel trade from tomorrow
Petrol pump owners and dealers yesterday reaffirmed their threat to stop petroleum fuel trading from tomorrow if their demands are not met before the deadline.
 arrow Bimstec trade experts start talks in Dhaka next month
Trade experts of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) will meet in Dhaka next month to settle difference on two core issues -- rules of origin and
 arrow Prime Bank loan fair begins
With a view to introducing different loan products to the customers, a three-day loan fair of Prime Bank Ltd started in Dhaka yesterday.
 arrow High-profile regional seminar on stock market begins today
In a bid to identify areas of mutual co-operation to pre-empt any repeat of Asian financial crisis, a two-day high-profile regional seminar on 'Capital Market Development: Asian Experiences' begins today
 arrow Malaysia to build 3 biodiesel plants
Malaysia said yesterday it will build three plants to produce biodiesel from palm oil, as part of efforts to reduce its dependency on petroleum as oil prices continue to soar in the world market.
 arrow Govt considers keeping EPB open on Saturday
The government is actively considering keeping the Export Promotion Bureau (EPB) open on Saturdays to help businesspeople facilitate export-related activities.
 arrow Debt relief gains revive debate over IMF-WB conditions
While the world's poorest countries are close to savoring the fruits of a debt-relief deal worth billions of dollars, the real impact of the move on the fight against poverty will depend on the conditions
 arrow G7 worried over sky-high oil prices
Finance ministers from the world's richest nations expressed their concern over sky-high oil prices during a weekend meeting here and warned fuel costs could derail global economic growth.
 arrow Japanese manufacturers grow optimistic on business
Big Japanese manufacturers grew more confident about business conditions in the three months to September, a government survey showed Monday confirming views that the economy was improving amid stronger
Sportsarrow Cricket: Shaheen, Mahbub in war of words
The newly elected executive committee of Bangladesh Cricket Board (BCB) had vowed to run a smooth domestic season this year.
 arrow Cricket: 'Sri Lanka was our worst'
Habibul Bashar's men got a cold reception when they returned home yesterday after a month-long tour in Sri Lanka where they lost both the one-day and Test series badly.
 arrow Cricket: Indian crisis heightens
Indian cricket plunged deeper into turmoil Monday as players and officials lined up to take sides in the damaging rift between coach Greg Chappell and captain Sourav Ganguly.
 arrow Cricket: 'WC 2007 now a challenge for Aussies'
Winning the 2007 World Cup is a challenge for Australia as they start to juggle their side after their Ashes defeat to England, Australian chairman of selectors Trevor Hohns said Monday.
 arrow Cricket: Dare Dance, Darren!
Darren Gough has been told he may not to get his England place back after swapping his boots for dancing shoes.
 arrow Cricket: No room for Cairns in Kiwi side for S Africa
Veteran all-rounder Chris Cairns has been dropped from the New Zealand one-day cricket team to tour South Africa next month but has vowed to recapture his form to achieve his dream of playing in the 2007
 arrow Hockey: Nat'l hockey Super League from today
Defending champions Bangladesh Army take on BKSP in the opening match when the Super League phase of the ABS Group National Hockey Championship begins at the Maulana Bhasani National Hockey Stadium today.
 arrow Cricket: Clubs agree to play Premier League away from Dhaka
The club officials of Dhaka have agreed to play the Premier Division Cricket League at different venues across the country under a new format this season.
 arrow Football: School soccer semis tomorrow
The semifinals of the Pran-Cola School Football Tournament will be played at the Bangabandhu National Stadium tomorrow.
 arrow Tennis: Locals make progress
There were no upsets on the opening day of the Sheltech Asian U-14 Tennis Series at the Ramna National Tennis Complex yesterday.
Sixteen boy's singles matches and four girl's singles were held.

 arrow Football: Real ride on Ronaldo
Ronaldo returned to the type of form that won him three World Player of the Year awards by getting two goals in Real Madrid's emphatic 3-0 victory at bottom club Alaves on Sunday.
 arrow Football: Work cut out for the English
English giants Manchester United and Arsenal, both struggling for form in the Premiership, face tough games in the second round of group matches in the Champions League on Tuesday.
 arrow Football: Martin Inter's hero
Obafemi Martins scored the only goal as Inter Milan beat Fiorentina 1-0 on Sunday to climb up to second in Serie A.
 arrow Tennis: Croatia, Slovakia set up showdown
Croatia and Slovakia, two of Europe's younger nations, made history on Sunday when they reached the Davis Cup final for the first time.
 arrow Alonso new F1 king
Fernando Alonso became Formula One's youngest ever world champion when he finished third here Sunday as Juan Pablo Montoya claimed an empty victory for McLaren in the Brazilian Grand Prix.
Metropolitanarrow Bail prayers of 3 rejected, father files naraji petition
A court in Rajshahi yesterday rejected the bail prayers of all three accused in the schoolgirl Mafruza Begum Mili rape and murder case while a citizens' council staged demonstrations seeking justice.
 arrow 'Give more authority to local govt'
Decentralisation of the local government and making it accountable to local people are the key to strengthening it, thereby paving the way for achieving the Millennium Development Goals (MDGs), speakers
 arrow 'Bring down cellphone call charges to facilitate access to information'
The government must break the cartel of private mobile phone operators and bring down call charges to facilitate dissemination of information and communication for development, said the leaders of D.
 arrow Indefinite students' strike at Buet from today
Students have called an indefinite strike at the Bangladesh University of Engineering and Technology (Buet) from today protesting the authority's decision of one-day vacation on the occasion of the Durga
 arrow WFP takes strict measures to ensure quality of biscuits
The World Food Programme (WFP) has taken strict measures to ensure distribution of quality biscuits in the school feeding areas in Kurigram after some schools reported cases of inferior quality biscuits.
 arrow No polls under present CEC: Tofail
Awami League Presidium Member Tofail Ahmed yesterday termed the alliance government as anti-liberation forces and said his party would not go for any election under the present Chief Election Commissioner
 arrow Quality edn for urban poor children stressed
More resources, educational materials, skilled teachers and modern teaching methods are needed to provide quality education to urban poor children, said the experts at a workshop yesterday.
 arrow Stop misery to migrants caused by traffickers
A five-day workshop for South Asian Journalists on 'Safe Migration' began at the conference room of International Organisation for Migration (IOM) in the city on Sunday.
 arrow Extension of time demanded
Tax lawyers in a statement demanded to extend the time limit for submission of income tax returns to one month, says a press release.
 arrow 3 electrocuted in Keraniganj
Three people, including a mother and her son, were electrocuted at Keraniganj in Dhaka district yesterday.
 arrow World Tourism Day today
The World Tourism Day will be observed in the country today as elsewhere across the globe.
 arrow Nat'l workshop on local govt today
A national workshop on local government, organised by the Bangladesh Union Parishad Forum (BUPF) in association with the USAID, will be held at the Bangladesh-China Friendship Conference Centre in the
 arrow Transport strike in SW region called off
The Bangladesh Road Transport Workers' Federation yesterday called off its 48-hour strike, which was scheduled to begin in the southwestern region today.
 arrow 'Develop facilities for the disabled'
Speakers at a discussion yesterday called for developing accessibility facilities for the disabled people and changing attitude towards them to improve their ability.
Culturearrow Syed Jahangir and his pulsating gold and blue
Syed Jahangir, who has been painting now for 55 years, is holding his solo at Saju art gallery. So far, in all, he has painted 9000 oils, watercolours and mixed medias.
 arrow "Living and working alongside the villagers, always unleashes my creative energies" -- Bibi Russell
The Daily Star managed to catch renowned designer Bibi Russell just before she set off on a week-long trip to rural Bangladesh.
 arrow Taking folk music to schools
A yearlong project undertaken by the Palli Baul Samaj Unnayan Sangstha (PBSUS) to introduce our traditional folk genre, legendary bards and instruments amongst the young generation, comes to an end this
 arrow Korean film festival in Chittagong
A four-day Korean Film Festival-2005 began in the port city on Monday last.
 arrow Demi Moore, Ashton Kutcher ties a knot
Actors Demi Moore and Ashton Kutcher were married on Saturday, capping their celebrated relationship, two celebrity magazines reported on Sunday.
Generalarrow BSF picks up 3 Bangladeshis, BDR detains 10 Indians
Indian BSF men picked up three Bangladeshi nationals from Padua border in Sylhet on Sunday while the BDR also arrested 10 Indians who intruded into the Bangladesh territory the same day.
 arrow 4 women rescued while being trafficked to India
Local people rescued four women on Sunday evening while they were being trafficked to India from Keragachhi, a bordering village in Kalaroa upazila in Satkhira.
 arrow Trader robbed of Tk 3 lakh in Sylhet city
A businessman was robbed of Tk 3 lakh at Shibganj in the city on Sunday night.
Internationalarrow IRA has fully disarmed
Northern Ireland took a potentially historic step yesterday towards a lasting peace with the formal announcement that the paramilitary Irish Republican Army has destroyed all its weapons.
 arrow 'Iraq situation worsening'
The situation is worsening in Iraq despite the presence there of British soldiers, 64 percent of respondents told an ICM poll published in the Guardian yesterday.
 arrow Brown stakes place as UK's next leader
Chancellor of the Exchequer Gordon Brown positioned himself as Britain's next leader yesterday, declaring there could be no turning back on reforms launched by Prime Minister Tony Blair.
 arrow Rita rescuers pluck hundreds to safety
Helicopters and boats rescued hundreds from rooftops and trees on Sunday, authorities cursed billions of dollars of new storm damage, but everyone counted the blessing of a dramatically low human toll
 arrow al-Qaeda leader gets 27-yr jail
Spain's High Court sentenced the alleged leader of al-Qaeda in Spain to 27 years in prison yesterday, finding he conspired with the September 11 plotters but cleared him of murder in connection with the
 arrow Indo-China border talks begin
The sixth round of India-China Special Representative-level border negotiations began in Beijing yesterday on a cordial note with the two Asian giants attempting to conclude a "package" solution on the
 arrow Typhoon pounds south China: 6 killed
Typhoon Damrey pounded China's southern island province of Hainan yesterday, knocking out power and leaving at least six dead in what officials called the strongest storm to hit the island in years.
 arrow Gulf Coast may face more hurricanes
The Gulf of Mexico region could face yet more powerful hurricanes this year, possibly shattering the record for major storms in one season, weather experts say.
Editorialarrow Editorial: OMS, VGF programmes stuttering
THE government has stopped, or shall we say, postponed, open market sale (OMS) of rice for the third time, despite the cereal prices having been high and the food department being fully prepared to deliver
 arrow Editorial: Cost-cutting gimmick
WHEN the government early this month announced a 10 percent cut on patrol and lubricant expenditure coupled with the halving of the allocation under entertainment head, on the back of a steep oil price
 arrow Cartoon, caretaker and credibility
In the September 22 issue of The Daily Star, my eyes were curiously cast on a cartoon drawn by Sharier.
 arrow A date in Basra
Ever wondered about the difference between light and highlight? Information is softly diffused light across a flat surface. Highlight is the little bits we journalists select and treat as news.
Letters to Editorarrow Women workers
Our female workers have been brought back from Saudi Arabia. They had been there to work as housemaids with skill, efficiency and a will to help their family back at home through work.
 arrow Inspiring through Urdu!
The endeavour of the state minister for sports to encourage the Bangladeshi cricketers to perform better by exactly pronouncing what a former Pakistani dictator uttered during a war can't be taken lightly,
 arrow Can we afford two-day weekend?
Sometimes we get dumfounded to witness some peculiar decisions coming from the very top. The hasty decision of the present government to declare two-day weekly holiday has really astonished us.
 arrow Stipend for boys
Contribution of girls' stipend to rural secondary school is tremendous.
Featurearrow Message
The 1997 Asian financial crisis points to the fact that weaknesses in the financial systems and free capital mobility have been crucial in aggravating and deepening the predicament.
 arrow Significant milestones in the development of Bangladesh stock market
The stock market of Bangladesh was born in the late 1950s with the establishment of the Dhaka Stock Exchange (DSE).
 arrow Capital market transaction in regional emerging economies
Emerging economies are in the investment radar of investors worldwide chasing new growth opportunities. There are many drivers of this phenomenon. High personal debt in U.S.
 arrow Asian bond market for development of regional stock exchanges
The ASEAN have launched the Asian Bond Markets Initiative (ABMI) since December 2002. Many efforts have been pursued under six working groups.
 arrow Some reflections on Bangladesh capital market
The capital market of Bangladesh owes its origin to East Pakistan Stock Exchange Association Limited set up in 1954.
 arrow Role of regulators in improving corporate governance
More than two hundred years ago, Adam Smith, in his classic essay 'Wealth of Nations', wrote the following:
"The directors of such (joint-stock) companies, however, being the managers of other people's

 arrow Role of Singapore Exchange in the regional economy
The development of capital markets is an important aspect of any modern economy.
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