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  • GP breaks thru? IPO hurdle
    Grameenphone, the leading mobile phone operator of the country, yesterday received a go ahead from the stock market regulator to raise Tk 486.08 crore through an initial public offering (IPO), the largest of its kind in the history of Bangladesh capital market. The value of the approved IPO is Tk 37 crore more than the company’s [...] (local)
  • Snapped Desa wires cost 3 more lives
    Eight-year-old Rayat understands that her mother has died. But he would not let them bury her. It is when people talk of burying his mother that Shamsul Huda Rayat actually understands the meaning of death. And he starts sobbing–his lips twist in pains of losing someone so dear, his eyes restless. “Please do not take my mother [...] (local)
  • Overloaded trucks ruining roads
    Almost all the 40,000 trucks running throughout the country carry weights more than twice the capacity, causing colossal damage to the roads and bridges. Sources at the Roads and Highways Department (RHD) said the trucks bring about severe traffic congestion, pollution and lead to loss of lives as well. A ‘Road master plan study’ conducted in 2007 [...] (local)
  • Titas Gas makes record revenue collection
    Titas gas company made a record in revenue collection in 2008-09 fiscal year, exceeding actual sales, because of an improved management and strong drive for revenue collection. The state-owned organisation also achieved a notable drop in systems loss. Breaking its age-old image as a corrupt and irregular organisation, Titas collected Tk 5,248 crore revenue against gas [...] (local)
  • Titas Gas makes record revenue collection
    Titas gas company made a record in revenue collection in 2008-09 fiscal year, exceeding actual sales, because of an improved management and strong drive for revenue collection. The state-owned organisation also achieved a notable drop in systems loss. Breaking its age-old image as a corrupt and irregular organisation, Titas collected Tk 5,248 crore revenue against gas [...] (local)
  • Food, disaster get highest allocation
    The Jatiya Sangsad yesterday passed the budget for the fiscal year 2009-10 in the absence of the main opposition BNP. The budget, the first by this Awami League government to be implemented from today, outlines Tk 1,89,960 crore of gross expenditure, including revenue and development, and Tk 1,13,819 crore of net expenditure. The food and disaster management [...] (local)
  • Bilateral talks to solve Tipai issue
    Prime Minister Sheikh Hasina yesterday told the House that her government would be able to solve the controversial Tipaimukh Dam problem through bilateral talks with India. ?All the problems can be solved through talks. We have signed historic Ganges water treaty, ensuring fair share of the river water. We will be able to resolve the Tipaimukh [...] (local)
  • Focus on improvement of traffic infrastructure
    Dhaka City Corporation (DCC) yesterday announced its budget for the fiscal year (FY) 2009-2010 increasing allocation for traffic infrastructure development and maintenance by 32.04 percent over that of FY 2008-09. DCC Mayor Sadeque Hossain Khoka placed a Tk 1411.58 crore budget at Mohanagar Natya Mancha. It has reduced allocation for special cleaning drive by 11.36 percent, which [...] (local)
  • Ashulia erupts into violence
    Workers from around 50 garment factories and police clashed for hours at Ashulia near the capital yesterday, leaving a worker killed and over 150 people including 30 cops wounded. The fight was a continuation of Saturday’s pitched battles that saw a worker killed and 25 others injured as the Ansars fired on a demonstration for [...] (local)
  • Forest bosses flayed for failure
    While political leaders, academicians, eminent citizens, professional groups and the common people are demanding urgent measures to save our rivers, the government is sitting on two projects — demarcation of all the four rivers and a four-lane bypass highway around the city — which would ensure water flow, if implemented. The Dhaka Integrated Flood Control Embankment-Eastern [...] (local)


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