Vol. 5 Num 722 Fri. June 09, 2006    
 
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Today's Index
Front Pagearrow Feast for many, real test for taxmen
Satisfying the industrialists, farmers, small entrepreneurs, housewives and donors -- that is what Finance Minister M Saifur Rahman tried to do in his proposed budget for fiscal 2006-07 placed in parliament
 arrow Fuel prices take a big leap
Minutes into the finance minister's advocacy for raising fuel prices during his budget speech in parliament, the government brought it into effect yesterday afternoon.
 arrow High bank borrowing to fund Tk 69,740cr budget
The government yesterday proposed a budget of Tk 69,740 crore for the next fiscal year which will see reliance on borrowing from banks, instead of foreign assistance, rising heavily to meet the financing
 arrow No relief in view from exorbitant essentials
With the general elections round the corner, the BNP-led government in its last budget proposed a set of measures aiming at arresting skyrocketing prices of essentials, but the finance minister himself
 arrow Salary in cheque, thru' bank for tax benefits
Employers now have to pay salary or allowance through bank cheques or bank transfers to get tax benefits.
 arrow Tariff-cuts hailed by businesses, economists
The proposed budget for 2006-07 financial year drew mixed reaction as leading trade bodies see in it some measures that may help to control prices of essential commodities but economists are frustrated
 arrow Air polluters get drastic duty cut
The government has proposed to drastically cut the supplementary duty on two-stroke three-wheelers, apparently encouraging importers to import such environment-unfriendly vehicles in abundance.
 arrow Social safety net strengthens
With the introduction of a new project for developing garment workers' skills, the government has proposed to strengthens the ongoing social safety net programmes by increasing the number of beneficiaries
 arrow What's up, down
Some consumer items will become cheaper and some others costlier due to the new duty rates proposed yesterday in the budget for the 2006-07 fiscal year.
 arrow Budget designed to loot public money
The main opposition Awami League (AL) yesterday formally rejected the proposed budget for FY 2006-07, and said it is intended to loot public money ahead of the next general election.
 arrow Saifur speech skips defence fund again
Finance and Planning Minister M Saifur Rahman again skipped the proposed defence allocation in the budget speech yesterday while official budget documents show the government has proposed a defence budget
 arrow Budget doesn't address risks to growth
Eminent economist Wahiduddin Mahmud said the budget proposal does not provide any clear guidelines regarding how to address the risks to economic growth and stabilisation.
 arrow ADP unrealistic
Former finance minister M Syeduzzaman has said the annual development programme (ADP) of Tk 26,000 crore in the proposed budget for fiscal 2006-07 is 'unrealistic' and 'highly ambitious'.
 arrow DEPZ units reopen after 4-day closure
Dhaka Export Processing Zone (DEPZ) returned to normalcy yesterday as factories there resumed operations amid tight security after a four-day shut down following workers' unrest in the ready-made garment
 arrow 14 die as motorboat sinks in Sandwip
At least 14 people including eight children and three women drowned as a motorised boat sank in Sandwip Channel at Baro Kumara in Sitakunda yesterday.
 arrow Chief whip's son held for 'carjacking'
Aktar Hamid Paban, son of Chief Whip Khandakar Delwar Hossain, was arrested on Wednesday night on charge of carjacking.
 arrow Boost to farmers continues
The government has proposed to allocate Tk 244 crore for agricultural research for fiscal year (FY) 2006-07 and to create a Tk 50 crore fund for small farmers who will lose crops due to 'natural disasters
 arrow No duty cut on newsprint
The proposed budget does not have any announcement for reducing duty on newsprint import.
 arrow World football fiesta kicks off today
The only certainty about the World Cup, which kicks off today in Germany, is that new heroes, dramas and controversies are about to be woven into the story of the world's greatest sporting event.
 arrow Iraqi Qaeda chief Zarqawi killed
Abu Musab al-Zarqawi, al-Qaeda's leader in Iraq who led a bloody campaign of suicide bombings and kidnappings, has been killed in an air raid north of Baghdad a major victory in the US-led war in Iraq
 arrow Tax on undeclared money to buy flats, cars upped
The proposed budget has increased the tax on undeclared money used to buy apartments in posh areas, land and cars.
 arrow BDR rescues 21 from traffickers
Bangladesh Rifles (BDR) rescued 21 people from traffickers and seized eight human skeletons at Barakuthi Balughat and Khanpur in Rajshahi.
 arrow Budget turns blind eye to power crisis
The proposed budget has hardly any provision for the improvement of power situation in the near future as it lacks 'vigorous initiative' to address the crisis amid growing demands of the business community
 arrow Education gets highest allocation
Education and Technology gets the highest allocation in the budget for the FY 2006-07 as Finance and Planning Minister M Saifur Rahman yesterday proposed Tk 11,093 crore in revenue and development budget
 arrow Tax ombudsman to start work from July
The wait for a tax ombudsman may end at last after one year of passing a law in this regard as Finance Minister M Saifur Rahman yesterday said the office will start functioning in July.
 arrow SIM tax cut Tk 100
The proposed budget has reduced tax on SIM (subscriber identity module) card or cellphone connection from Tk 900 to Tk 800.
 arrow 3 houses looted, housewife raped
Miscreants looted three houses and raped a housewife at Gavina village under Durgapur upazila of the district on Wednesday night.
 arrow Outlaw killed in 'shootout'
An underground operative was killed in an encounter between the law enforcers and his cohorts in Khulna early yesterday.
 arrow BNP cadres ransack Khoksa Press Club
Ruling BNP cadres yesterday vandalised Khoksa Press Club and declared to oust journalists from the upazila.
 arrow Home gets 13pc higher budget
Home ministry's budget for the 2006-07 fiscal year is Tk 3,386.59 crore, which is 12.85 percent higher than previous FY. Finance Minister M Saifur Rahman proposed Tk 157.
Businessarrow Share trading with KL bourse to boost investment market
The first vice president of Chittagong Stock Exchange yesterday stressed the need for exploring the possibility of a cross-border share trading between Bursa Malaysia (Kuala Lampur Stock Exchange) and
 arrow C&F agents threaten closure of Burimari land port
Burimari land port under Patgram upazila of Lalmonirhat may face an indefinite closure following a tussle between Bangladesh Rifles and C&F agents of the port.
 arrow Indian firm to acquire Malaysian paper, pulp mill
Ballarpur Industries, one of Asia's major paper and pulp manufacturing companies in private sector, has announced the acquisition of a Malaysian paper and pulp manufacturer in a $261 million deal.
 arrow New MD of Int'l Leasing and Financial Services
Mustafizur Rahman has been appointed managing director of International Leasing and Financial Services Ltd with effect from June 1.
 arrow GlaxoSmithKlineto invest $190m in Singapore
GlaxoSmithKine will invest more than 190 million US dollars to build a vaccine manufacturing plant in Singapore, the pharmaceutical giant said Thursday.
 arrow EU calls for successful end to global trade talks
European Union trade chief Peter Mandelson warned Thursday of the protectionist dangers of not brokering an agreement to global trade talks, as the pressure of a year-end deadline built.
 arrow Correction
In the yesterday's lead news headlined 'Desco share trading on DSE kicks off June 18', it was mistakenly mentioned "Buyers will be allowed to place a maximum order for 1,000 shares at a time on the first
Sportsarrow Football: Cometh the hour
Germany manager Jurgen Klinsmann says the World Cup hosts are more than capable of defeating Costa Rica in Friday's opener in Munich even without their injured captain Michael Ballack.
 arrow Football: Zurawski magic could be the key
Former Poland great Zbigniew Boniek believes 'Magic' Maciej Zurawski can be the current team's inspiration at the World Cup and especially in Friday's Group A opener here against Ecuador.
 arrow Football: Bits and Bobs
Govou replaces Cisse
Afp, St Etienne

France have called up Lyon forward Sidney Govou into their World Cup squad to replace the injured Liverpool player Djibril Cisse

 arrow Football: Munich bears the brunt of history
Warnings of a potential terrorist threat to soccer's World Cup hold chilling associations for the city of Munich as it prepares to host the opening match under the gaze of billions of TV viewers.
 arrow Football: Spain fight back against Croatia
A classy extra-time goal from striker Fernando Torres and a free-kick from debutant Mariano Pernia earned Spain a 2-1 victory over fellow World Cup qualifiers Croatia in the final warm-up match for both
 arrow Football: England smiles with Rooney
England's hopes of landing their first World Cup in 40 years have been given a huge boost after talismanic striker Wayne Rooney was given a green light to play in Germany.
 arrow Football: Lehmann ready to brave Munich crowd
Germany goalkeeper Jens Lehmann says he can't wait to finally make his World Cup debut against Costa Rica on Friday at the age of 36 and is unfazed by the possible hostile reception he could receive from
 arrow Football: Cisse's world crashes
France's World Cup hopes have suffered a cruel blow after striker Djibril Cisse broke his leg in their last warm-up game before leaving for Germany.
 arrow Football: Ballack loses fitness battle
Germany will be deprived of their captain and midfield inspiration for the country's most important match in four years on Friday after Michael Ballack's calf injury stubbornly refused to heal in time.
 arrow Football: World Cup takes over
The biggest challenge the government is going to face over the next one month is the smooth supply of power as the whole nation sets its eyes beyond yet another ambitious budget or other pressing issues
 arrow Football: North Bengal towns feel Cup fever
With the World Cup football all set to kick off, north-Bengal towns have put aside their daily life miseries like power-crisis and price-hike to watch the showpiece event.
 arrow Football: Win would be perfect present for Klose
Germany striker Miroslav Klose celebrates his 28th birthday on Friday and there is no doubt what the perfect present would be - an opening World Cup win over Costa Rica in Munich.
 arrow Football: Terry feared the worst
John Terry has revealed he feared his World Cup could be over before it had started when he collided with Wayne Bridge at a training session here this week.
 arrow Football: 'Poet' under scrutiny
With the eyes of the world on him Argentinian referee Horacio Elizondo is out to ensure the game flows as smoothly as the lines of his beloved poetry when he puts the whistle to his lips Friday at Germany's
 arrow Football: Ronaldo misses training
Ronaldo will miss training with Brazil on Thursday with a fever, the Brazilian Football Confederation (CBF) said.
 arrow Football: Totti bemoans bad luck
Italy striker Francesco Totti has bemoaned the Azzurri's bad luck after they were hit by a series of late injuries ahead of their opening World Cup match against Ghana on Monday.
 arrow Tennis: Kuznetsova in final
Former US Open champion Svetlana Kuznetsova produced a gritty comeback to reach the final of the French Open on Thursday at the expense of Czech teenager Nicole Vaidisova.
 arrow Football: Blatter wants another term
FIFA President Sepp Blatter confirmed on Thursday that he would seek re-election in 2007.
 arrow Football: Screens at 12 venues
City dwellers will be able to watch the FIFA World Cup matches on big screens at 12 open places in the city.
 arrow Cricket: Women's cricket
The Red team overran their Green counterparts by four wickets in a women's exhibition cricket match at the Sher-e-Bangla National Stadium yesterday.
 arrow Cricket: Sehwag fined for excessive appealing
Virender Sehwag has been fined 20 per cent of his match fee for excessive appealing during the tense final stages of the drawn first Test between India and West Indies in Antigua.
 arrow Cricket: Confusion over Corey fitness
Conflicting stories are emanating from the hierarchy of the West Indies team over the fitness of Corey Collymore.
 arrow Cricket: Akhtar hopeful of early return
Pakistani fast bowler Shoaib Akhtar on Thursday said he hoped to return to active cricket earlier than first feared and was keen to bowl on England's seam-friendly pitches.
 arrow Cricket: Simon stands by his 'team'
Simon Taufel has defended the procedure taken by him and fellow umpire Asad Rauf during the controversial Mahendra Dhoni dismissal while also sympathising with the TV umpire who he said was battling with
 arrow Football: Injury ends Martyn's career
Former England goalkeeper Nigel Martyn on Thursday announced his immediate retirement after being told he needs an ankle operation.
 arrow Football: Pochettino hangs up his boots
Former Argentina international Mauricio Pochettino has brought his playing career to end, rescinding the last year of his contract with Primera Liga side Espanyol.
Metropolitanarrow Political commitment a must to establish it
Political commitment is a must to establish land rights of women, landless, indigenous and marginalised people, said the speakers at a seminar yesterday.
 arrow Proactive and productive role of trade unions underscored
Speakers at a roundtable yesterday stressed the need for proactive and productive role of trade unions to boost the growth of garment industry.
 arrow I will never return to BNP
Bikalpa Dhara Bangladesh (BDB) President Prof AQM Badruddoza Chowdhury yesterday said he and his party men will never return to the BNP as the present BNP has deviated from its founder Ziaur Rahman'sideology
 arrow Nat'l convention of women with disability today
The first ever National Disabled Women's Convention will be held in the city today with a view to finding out ways to improve economic, social and political condition for women with disabilities.
 arrow IO asked to exhume Nasreen's body
A Dhaka court yesterday directed the investigation officer (IO) to take necessary steps to exhume the body of Nasreen Pervin Huq, former ActionAid country director, for further postmortem.
 arrow Five get Meena Media Award 2006
Three journalists and two school students received Meena Media Award 2006 at a function in the city yesterday.
 arrow Court orders DNA test, formation of medical board
A Dhaka court yesterday issued an order to form a medical board before conducting the DNA test to verify a former DIG's claim of being the father of 14 children.
 arrow Acting president authenticates budgets
Acting President Barrister Muhammad Jamiruddin Sircar yesterday authenticated the supplementary budget 2005-2006 and the proposed new budget for 2006-2007 fiscal year for placing in the Jatiya Sangsad.
 arrow Cabinet okays proposed budget
The cabinet yesterday approved the proposed budget for 2006-2007 and revised budget for 2005-2006 at a meeting at the Jatiya Sangsad Bhaban in the city.
 arrow Boishakhi director Bulu's bail rejected
A Dhaka court yesterday rejected the bail petition of MNH Bulu, a director of private satellite television Boishakhi, in connection with an attempted murder case.
 arrow JP national council on June 10
The national council of Jatiya Party (JP) will be held at the Institution of Engineers, Bangladesh auditorium in the city at 10:00am on June 10 with a vow to strengthen democracy, ensure human rights,
 arrow BNP MP's son confines sub-registrar to office for extortion
Son of a ruling party lawmaker confined a sub-registrar (SR) to his office in Bajitpur upazila in the district on Tuesday for toll.
 arrow DU examinations scheduled for June 11 postponed
All the course system examinations of Dhaka University (DU) scheduled for June 11 has been postponed due to unavoidable circumstances.
Point-Counterpointarrow How conducive are WB and IMF conditionalities to growth?
NOWADAYS a lot of economic jargon is flying around in the news media about internal management, external challenges and external conditions being imposed on poor and developing countries like Bangladesh.
 arrow Why there is crisis in RMG sector for no big reason?
The crisis in the RMG sector has reached such an alarming level that it has prompted me to write this article though I am not a columnist.
 arrow Nasreen Huq
WHEN I received the phone call from my mother who in a sorrowful voice said that she had bad news to share, I thought that something had a happened to one of my elderly or sick relatives but I was simply
 arrow I never knew Nasreen
I never met Nasreen Haq. When Nasreen was at the peak of her social activism, I was teaching in a liberal arts college in Mid-America, far away from the concrete, on the ground milieu of Bangladesh.
Culturearrow World Cup mania hits Bangladesh
Sohel Rana
Many of us do not know that renowned film director-actor-producer Sohel Rana used to be a footballer when he was a student at Dhaka University.

 arrow Celebrating the game of life
"A football team represents a way of being, a culture...
 arrow Film screening in Dhaka to mark World Cup '06
The country takes on a festive look during the FIFA World Cup Football Tournament.
 arrow Football on the small screen
Bishwacup Roundup on Channel-i
The show currently running on Channel-i everyday at 6:15pm, features stories on the most surprising and shocking results in the World Cups, 'Golden Boot' winners

Generalarrow 5 killed in Savar road accident
At least five people, including an elderly woman, were killed and 30 others injured in a head-on collision between a bus and a truck near Sripur bus stand yesterday.
 arrow Schoolboy electrocuted
A schoolboy was electrocuted and another seriously injured while hoisting Argentina's flag at Mirzapur upazila in the district yesterday.
 arrow Australia offers 20 cholarships for CHT students a year
The Australian government will offer 20 scholarships for indigenous students of Chittagong Hill Tracts a year to study in Australia, says a press release.
Editorialarrow Editorial: EC's procrastination
At long last the chief election commissioner (CEC) has agreed to abide by the Supreme Court verdict and update the 2001 voters' list instead of pursuing the project for a new one, on which he has spent
 arrow Editorial: The ultimate in football
The eyes of the world's two-thirds of people will be glued to their television sets from today onwards, upto a full month.
 arrow Overcoming obstacles to food security
While speaking as chief guest at a roundtable jointly organised by World Food Programme (WFP) and The Daily Star at CIRDAP auditorium in Dhaka city on May 10, the Minister for Food and Disaster Management
 arrow Is it too late to ask?
Is it too late to ask for some resignations in the last days of the government? There was a rumour in the air that a powerful minister was going to quit.
 arrow Replacement of ministers is no solution
Reorganisation has a very limited positive effect on the efficiency of an organisation.
Worldarrow Oslo talks fail as Lanka violence kills 19 more
Tamil Tiger rebels rejected talks yesterday with Sri Lanka at a meeting arranged by peace broker Norway, the government said as a surge of violence at home left at least 19 people dead.
 arrow World powers give Iran enrichment leeway
In a major concession, world powers are no longer demanding that Iran commit to a prolonged moratorium on uranium enrichment and are now asking only for a suspension during talks on its nuclear
 arrow Abbas finalises decree for statehood referendum
Palestinian president Mahmud Abbas was putting the finishing touches yesterday to a decree fixing the date of a statehood referendum, denounced by Hamas as a ploy to topple its government.
 arrow Maoist rebels pile pressure on Nepal's new government
Nepal's rebel leader Prachanda piled more pressure on the country's new government yesterday, claiming the political parties who came back into power in April were ignoring Maoist demands.
 arrow Europe colluded with CIA over prisoners
More than 20 mostly European countries colluded in a "global spider's web" of secret CIA jails and flight transfers of terrorist suspects stretching from Asia to Guantanamo Bay, a rights watchdog said
 arrow Kalam's childhood dream comes true
Fulfilling his childhood dream, Indian President APJ Abdul Kalam yesterday flew in a most advanced fighter aircraft Sukhoi-30 MKI of Indian Air Force, becoming the country's fist head of state to perform
 arrow US, allies hail death of al-Qaeda chief Zarqawi
US President George W.
 arrow Iraqi parliament picks new key ministers
Iraq's parliament yesterday approved three new key ministers, including a Sunni Arab to head the defence ministry, as violence left at least 19 people dead and 40 wounded, according to police.
 arrow Indian court charges Geelani with sedition
Syed Ali Shah Geelani, a hardline Kashmiri separatist leader, has been charged with sedition by an Indian court in the troubled Himalayan region and ordered into police custody five years after an arrest
 arrow Manmohan, Sonia double-act makes good theatre
Chaotic government or perfectly scripted political theatre? Manmohan Singh's government announces a steep rise in fuel prices.
 arrow ‘Lanka asking Pakistan for swift military aid’
Sri Lanka is looking to Pakistan for help to bolster its military capabilities as the ceasefire between the government and rebels appears increasingly fragile, specialist publication Jane's Defence Weekly
 arrow 13 Maoists killed in Chhattisgarh
At least 13 Indian Maoist rebels and two villagers were killed in two separate gun battles with police on Thursday in the central Indian state of Chhattisgarh, senior state officials said.
 arrow Renew peace talks with Palestinians
Jordanian King Abdullah II urged visiting Israeli Prime Minister Ehud Olmert yesterday to renew peace talks with the Palestinians to pave the way for creation of an independent Palestinian state.
 
   
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