NEWS SUNDAY, FEBRUARY 11, 2018 2 43 BNP men held in Magura, B’baria DHAKA : Police in separate drives arrested 43 leaders and activists of BNP from different areas of the districts in last 24 hours since Friday morning, reports UNB. UNB Magura correspondent reports: At least 15 leaders and activists of BNP were arrested from different areas of the district. Milton Mallik, general secretary of Shalikha upazila unit of BNP, was among the arrestees. Police arrested the BNP men carrying out vandalism and obstructing vehicular movement, said Tariqul Islam, additional superintendent of police. In Brahmanbaria, law enforcers in special drives arrested 28 leaders and activists of BNP from different areas of the districts. Special drives are being conducted in all upazilas of the district to maintain law and order, said Md Imtiaz Ahmed, DIO-1 of special branch of district police. Worker dies in Sylhet stone quarry SYLHET : A worker was killed in a mudslide while he was extracting stones from a quarry in Bichhnakandi area of Gowainghat Upazila on Saturday morning, reports UNB. The deceased is identified as Ruhel Mia, 25, son of Jolal Mia of Chakua village in Nabiganj upazila in the district. Officer-in-charge of Gowainghat Police Station Hillol Roy said Ruhel died on the spot as a chunk of mud fell upon him while extracting stones from a deep pit around 11 am. The body was sent to M.A.G. Osmani Medical College Hospital for autopsy, he said. 2 women slaughtered, 1 arrested KISHOREGONJ : A man was arrested in an allegation of slaughtering his wife and his sister-in-law to death in sequel to a family feud at Borobangla village in Nikli uazila on Saturday, reports UNB. The deceased are Aysha Khatun, 22, an expecting mother and wife of the alleged killer Shaokat Ali, and Salma Akter, 30, sister-in-law of the alleged. Local sources said, Shaokat beheaded her wife with a sharp weapon around 11am at one stage of their altercation over a trifling matter. Later, the furious Shaokat rushed to his father-in-law's house at nearest Purbopara village and also slaughtered his sister-in-law there. Police, with the help of the locals, managed to nab the alleged killer while he was trying to flee the scene, said Kishoregonj District Police Super Md. Anwar Hossain. British pipeline outage puts drain on economy: data Britain's industrial output plunged in December and the trade deficit widened following a shutdown of a major North Sea oil pipeline, official data showed on Friday. Industrial production dived 1.3 percent compared with activity in November, the Office for National Statistics said in a statement. That was the largest decline since 2012 and was worse than market expectations of a 0.9-percent drop. It also followed a 0.3-percent increase in November, the ONS said. "Mining and quarrying provided the only downward contribution, falling by 19.1 percent as a result of the shutdown of the Forties oil pipeline for a large part of December," the statistics office added. However, manufacturing output, which excludes mining and quarrying, electricity, gas and water supply, grew by 0.3 percent. The Forties pipeline system, which normally carries 40 percent of UK oil and gas production in the North Sea, was offline for three weeks. Over the whole year, industrial production expanded by 2.1 percent compared with 2016. That was the strongest increase since 2010 when it grew 3.2 percent. Manufacturing output meanwhile gained 2.8 percent during 2017. Separately, the ONS also revealed Friday that Britain's deficit in goods and services-the gap between exports and imports-widened by o3.8 billion ($5.3 billion, 4.3 billion euros) to o10.8 billion in the three months to December. A drop in Britain's oil exports-as well as large increases in the price of fuel imports-had the largest impact on the trade in goods deficit, which widened by o3.3 billion in the same period to o37.2 billion. The trade surplus in services narrowed by o0.5 billion to o26.4 billion. The Forties pipeline, owned by oil group Ineos, transports around 450,000 barrels of crude oil per day. Its temporary closure came after a routine inspection found a hairline crack in the pipe just south of Aberdeen in Scotland, prompting emergency repairs that stopped oil and gas from platforms feeding into the system. Chad vows no more pay cuts under austerity drive Chad's finance minister says the country will not impose further cuts on civil servants' pay this year, after strikes and protests erupted over one of the most unpopular measures in an austerity programme. "There won't be further cuts this year," the finance and budget minister, Abdoulaye Sabre Fadoul, told AFP in an interview on Thursday. The government last month reduced civil servants' bonus pay by 50 percent, adding to a previous 50-percent cut in 2016. Income tax was also hiked but "the lowest-income workers are now exempt" from it, Sabre Fadoul said. The impoverished state is enforcing cuts in public spending that the finance ministry says are vital to stave off bankruptcy. But the cuts have increased social tension and anger towards President Idriss Deby, in power since 1990. Trade unions initiated an indefinite general strike in the state sector on January 29, and followed this with strikes in the private sector on Monday and Tuesday. They also called for a "Day of Anger" on Thursday, but the protest drew only a meagre turnout amid tight security. Chad's economy has been badly hit by a downturn in the price of oil exports since 2015. The International Monetary Fund (IMF) opened up a three-year $312 million (254 million euro) credit line last June under a stabilisation programme. Chad has received $48.8 million of this but to gain access to a second tranche has to make progress in improving state finances. It also has to conclude negotiations with the world's biggest commodities trader, Glencore plc, over outstanding debts that Sabre Fadoul put at $1.36 billion. Liberal Democratic Party (LDP) organized a press conference at National Press Club yesterday. Photo : Star Mail China, UNDP, UNFPA distribute relief materials in Nilphamari NILPHAMARI : United Nations Development Programme (UNDP), United Nations Population Fund (UNFPA) and the Chinese Embassy in Dhaka along with the district administration have distributed relief materials among the flood victims of Nilphamari on Saturday, reports UNB. In presence of Cultural Affairs Minister Asaduzzaman Noor, ilphamari Deputy Commissioner Mohammad Khaled Rahim handed over trunks to the flood victims, together with household materials and CGI sheets to help affected families recover from the damages. In Bangladesh, the 2017 South- Asian monsoons inundated the northern flood plains of the country, severely affecting 7 million people in 31 districts. Flood waters destroyed 82,000 houses and damaged many more, leaving 320,000 people in need of support to repair their homes and replace their damaged belongings once the flood waters receded. To support the flood response, the Ministry of Commerce (MoFCOM) of the People's Republic of China have partnered with the United Nations Development Programme (UNDP) to provide $4 million for early recovery efforts in Bangladesh. As part of this joint initiative of UNDP and China, Rohingya women through the United Nations Population Fund (UNFPA), received life-saving reproductive health kits, medicines and supplies to health facilities particularly for women and girls of reproductive age. In total 13910 families in Kurigram, Gaibandha, Lalmonirhat, Bogra and Nilphamari districts received the relief materials and 118,000 women received emergency Reproductive Health kits in Cox's Bazar. Attending the distribution event, Li Guangjun, Chinese Economic and Commercial Counselor to Bangladesh, said that China "sympathized with the flood victims and refugees in Bangladesh" and "appreciated the humanitarian assistance provided by UNDP in partnership with other organizations." He hoped that the materials would help to improve the flood victims and refugees' lives. Asaduzzaman Noor said, "I hope this kind of support from UNDP and China will continue in future, whenever there is any disaster." He thanked the government of China and UNDP for extending their support. He also praised UNFPA, for taking extra care of the women and girls of reproductive age, considering gender-based violence. Sudipto Mukerjee, Country Director, UNDP Bangladesh said, "China has been increasingly supporting developing countries in humanitarian relief and recovery as well as advance the UN's 2030 Sustainable Development Agenda. This partnership is a reflection of South-South Cooperation". Highlighting UNFPA's contribution, Iori Kato, Deputy Representative, UNFPA Bangladesh said, "UNFPA supported 26000 flood affected women and girls of reproductive age to ensure their reproductive health and rights needs and promote dignity of women and girls, improving their mobility and be able to access the lifesaving humanitarian aid". Among others, representatives from local government, NGOs, spoke at the event. US stocks end brutal week on benign note; European, Asian stocks dive Wall Street stocks ended a bruising week on a benign note courtesy of a late-session surge Friday, while equity markets in Europe and Asia fell sharply in volatile trading. US stocks lurched back and forth in a rollercoaster session, opening decisively higher, then tumbling deep into the red at midday before rising again and finishing strong. Europe's key markets extended the recent days' downturn to show substantial losses at the close following another spectacular drop in Asian shares. "How long can the selloff last? That is the million-if not billion-dollar question," Fawad Razaqzada at Forex.com said, adding that the absence of massive buyers at current low price levels was a worry. "We had plenty of volatility today and we'll see more next week," said Art Hogan, chief market strategist at Wunderlich Securities. "You have to go back to the financial crisis days to see this kind of volatility." DR Congo sees 10% levy on 'strategic metals' The world's biggest producer of cobalt, a key ingredient in modern batteries, plans a five-fold increase in tax on the commodity as part of an overhaul of its mining laws, industrial sources said Friday. The Democratic Republic of Congo would impose a tax of 10 percent on so-called "strategic metals" under the plan, a copy of which was obtained by AFP. The government last year signalled its intention to reform its 2002 mining code, which it considered to favour foreign investors at the expense of the economy. A first version of the draft law-examined by the lower house, the National Assembly, in December, and then by the Senate in January-envisaged a tax take of five percent. This has been revised upward to 10 percent, under a new draft approved by a joint commission of the Senate and National Assembly on January 27. At present, the state levies a tax of two percent on non-ferrous metals-copper and cobalt-which is based on the value of sales, from which some costs are deducted. The draft law is now in the hands of President Joseph The market's best hope for escaping the current cycle is if next week's US inflation data contain no bombshells and bond yields do not increase from their current range, Hogan said. The Dow Jones Industrial Average ended up 1.4 percent at 24,190.90 after swinging more than 1,000 points during the session. In spite of the robust finish, the Dow's weekly losses were the worst since January 2016 and investors are bracing for more turbulence ahead. "No one can say for sure, but things don't look pretty out there, given that the sharp falls haven't been bought this time around. So, things could get ugly really quick," Razaqzada said. Paris, London and Frankfurt all lost more than one percent. Asian trading floors were a sea of red, with concerns about tighter interest rates, particularly in the United States. Hong Kong, Shanghai and Tokyo were among the worst hit as investors piled into haven assets such as gold and the yen. Oil prices also tumbled, with US benchmark West Texas Intermediate losing $1.95 to $59.20 per barrel to suffer its biggest weekly loss in two years. Analysts attributed the drop to worries about oversupply given strong US oil output and to a spillover in volatility from equity markets. "Investments over the coming weeks could be something of an emotional roller-coaster ride," Rebecca O'Keeffe, head of investment at Interactive Investor, told AFP. A key trigger of the stocks pullback was a strong US jobs report a week ago that also showed rising US wage growth, fueling speculation the Federal Reserve will lift rates more than the three times already forecast this year. At the same time, the European Central Bank is on the verge of ending its crisis-era stimulus, while the Bank of England warned its main interest rates could rise faster than expected in 2018. Kabila, Mining Minister Martin Kabwelulu said at an annual mining conference in South Africa this week. Sources in the mining industry said the prime minister will issue a decree to spell out the commodities on the "strategic metals" list, as the term does not exist under the current mining code. But, they said they had been informed by government experts that cobalt would be included. Shareholders in big mining corporations with interests in DRC, including Glencore and Rangold, have written to Kabila to express their concern, hoping that the latest version of the law will be revised, they added. The global boom for smartphones and electric cars has pushed up the price of cobalt to more than $80,000 (almost 63,000 euros) a tonne, compared with less than $23,000 a tonne two years ago. DR Congo is also the top African producer of copper, which last year recovered from a slump that hit in 2014. Copper is currently trading at more than $6,800 a tonne, around 50 percent higher than at the trough of the downturn in February 2017. City high-rise catches fire DHAKA : A fire broke out at a 20-storey building in Purana Paltan area of the capital on Saturday morning, reports UNB. The fire broke out on the second floor of the high-rise, adjacent to Shawon Tower, in the area around 9:10am, said Mahfuz, duty officer at the fire service control room. Informed, five firefighting units from the headquarters and Khilgaon Fire Station rushed to the spot and are trying to douse the flame. It was not clear what caused the fire. 2376 cases lodged for traffic rule violation DHAKA : Dhaka Metropolitan Police (DMP) in a daylong drive on Friday lodged 2376 cases and realized Taka 7.76 lakh on charges of violation of traffic rules, reports BSS. It also dumped 48 vehicles and put wrecker in 158 others, said an official release. Traffic department of police lodged the cases and realized the money from owners and drivers of different vehicles after conducting raids at different thana area in the capital city. The cases were lodged on charges of using hydraulic horn, hooter, beckon light, and tinted glasses. Vote for AL again to continue development: Amu JHALOKATI : Awami League Advisory Council Member and Industries Minister Amir Hossain Amu yesterday said Bangladesh is progressing fast and it is believed that the country would turn into a developed one before 2041, reports BSS. "Bangladesh is developing fast...If you want to continue this development, you have to vote the AL to power again under the leadership of Prime Minister Sheikh Hasina," he said, speaking at a view exchange meeting at Nabagram High School ground here. Amu was exchanging views with local Awami League leaders and workers with AL Nabagram Union President Kanchan Ali Mia in the chair. AL district unit General Secretary Khan Saifullha Panir, Joint Secretary Sultan Hossain Khan and Organizing Secretary Mojibul Haque Akandh, among others, addressed the meeting. Amu said BNP and Jamaat are conducting destructive activities to take the country backward. But, Awami League is working relentlessly for the betterment of the country, he added. "Awami League is working in every sector including health, education, women empowerment and power for the welfare of the common people," Amu said. Later, Amu joined the annual sports competition programme and distributed prizes among the winners at Haji Joyan Uddin Dwini Dakhil Madrasha. Advertisement floated to recruit 10,000 constables DHAKA : A circular has been published relating to recruit 10,000 trainee recruit constable (TRC) with a view to augmenting the manpower of the police force. In accordance with the circular, 8500 men and 1500 women will be recruited as TRC, said an official release. The aspirants have been requested to attend the physical and written examinations with necessary papers in the police lines of their home district on the particular date mentioned in the circular. Iraq banks on private sector for post-IS reconstruction Months after declaring victory over jihadists, war-battered Iraq hopes to attract billions of dollars from private investors as well as donors to fund its reconstruction. Baghdad is looking to drum up funds at a reconstruction conference in neighbouring Kuwait from February 12 to 14 after announcing the defeat of the Islamic State group at the end of last year. The country is still reeling from the rise of IS and the punishing fightback it took to crush the jihadists, with swathes of its territory in ruins and millions of people displaced. Authorities in the resource-rich nation say there has been a heavy toll on oil, electricity and manufacturing infrastructure, as well as basic services such as water and sanitation. Iraq needs to raise $100 billion to rebuild, Prime Minister Haider al-Abadi has said, after the fight against IS and decades of sanctions and war. "It's a huge amount of money. We know we cannot provide it through our own budget," he said at the World Economic Forum in Davos, Switzerland last month. "That's why we now resorted to investment," he said. Iraq sits on some of the world's largest crude reserves, which Baghdad puts at 153 billion barrels, but the war against IS and a slump in world prices have diminished its oil revenues. The Kuwait conference's second day will be devoted to the private sector's role in rebuilding Iraq, with more than 2,000 companies and businessmen due to attend, according to the Gulf country. International organisations are to speak on the first day, while attending donor countries are expected to make announcements on the third. The US State Department has said that rather than "direct contributions", Washington has "focused on the private sector. It has teamed up with the US Chamber of Commerce to organise a delegation of over 150 American companies to travel to Kuwait" for the conference. Iraq-the second largest producer within OPEC after Saudi Arabia-has already called for help from investors worldwide, even as it seeks to ramp up output from its largely untapped reserves. Kuwait is setting aside its past differences with Iraq to host the summit. In August 1990, Iraq invaded Kuwait after accusing its neighbour of "stealing" Iraqi oil from a field straddling the border. That sparked the first Gulf War, which ended after a US-led coalition ousted Iraqi forces from the emirate. Iraqis have since weathered international sanctions, a USled invasion in 2003 and the battle against IS. Today, some 2.6 million people remain displaced across the country, the International Organization for Migration has said. Satellite imagery shows some 26,000 houses are destroyed or seriously damaged, including more than 17,000 in the jihadists' former bastion of Mosul. "There is huge destruction and a huge need to mobilise support," said Erfan Ali, Iraq representative of the UN Human Settlements Programme.
METRO SUNDAY, FeBRUARY 11, 2018 3 5-day ‘Basanta Mela’ kicks off in city Sunday DHAKA : A five-day Basanta Mela and handicraft exhibition will kick off in city's Matijheel commercial area on Sunday, reports UNB. Bangladesh Small and Cottage Industries Corporation (BSCIC)'s Design Centre will arrange the fair at BSCIC Bhaban in Motijheel. The opening ceremony will be held at Joynal Abedin Exhibition Hall at BSCIC Design Centre around 11:30am, said a press release. Handicrafts items will be displayed in 60 stalls at the fair. Besides, people who received training from the BSCIC Design Centre will get the chance to showcase their products at the fair. The fair will remain open to all from 10:00am to 5:00pm everyday. Int’l Day of Women and Girls in Science to be observed Sunday DHAKA : The international community will observe Sunday as the International Day of Women and Girls in Science to ensure science and gender equality to achieve internationally agreed development goals, including the 2030 Agenda for Sustainable Development, reports UNB. It is time to support and invest in women and girls who want to pursue careers in scientific research, said United Nations Secretary- General in a message to mark the special day observed annually on 11 February, according to the official website. "We need to encourage and support girls and women achieve their full potential as scientific researchers and innovators", he added. The UN chief called for "concerted, concrete efforts" to overcome stereotypes and biases, such as media representations of scientists and innovators as being mainly men. According to UN official website, the global community throughout the past 15 years has made many efforts to inspire and engage women and girls in science but they continued to be excluded from participating fully in science. However, UNESCO data shows only around 30 per cent of all female students in higher education select the so-called STEM subjects - BNP leaders seen at the press conference of at Nayapaltan party office yesterday. science, technology, engineering or mathematics. In a joint statement, the Director General of the UN Educational, Scientific and Cultural Organization (UNESCO) Audrey Azoulay and the Executive Director of UN Women Phumzile Mlambo-Ngcuka said, one of the main tools for tackling gender inequality in the sciences is dismantling the barriers to girls and women, at home, in the classroom and in the workplace. This requires a change in attitudes and the challenging of stereotypes, they added. According to a study conducted in 14 countries, the probability for female students of graduating with a Bachelor's degree, Master's degree and Doctor's degree in science-related field are 18 per cent, 8 per cent and 2 per cent respectively, while the percentages of male students are 37 per cent, 18 per cent and 6 per cent. In December 2015, the UN General Assembly adopted a resolution declaring 11 February as the International Day of Women and Girls in Science to recognize the critical role of women and girls in science and technology communities and to achieve full and equal access to and participation in science for them. Photo : TBT Visitors at the agricultural tools exhibition at KIB yesterday. No political crisis in Bangladesh: Nasim DHAKA : Awami League (AL) Presidium Member and Health and Family Welfare Minister Mohammad Nasim yesterday said there was no political crisis in Bangladesh centring the next general election, reports BSS. "Many people had predicted that political crisis will be created. But there is no political crisis in Bangladesh and in future there will not be any political crisis," he said as the chief guest while addressing a memorial meeting marking the first death anniversary of veteran parliamentarian Suranjit Sengupta at Jatiya Press Club here. "No crisis is being prevailed in the country centering the next general polls," he said requesting BNP not to create any instability to this end as the ruling AL doesn't believe in holding the upcoming general election keeping the BNP out. "The people, who have said the court delivered the verdict in Zia Orphanage Trust Corruption case against BNP Chairperson Khaleda Zia to keep her and BNP out of the next election after 10 years of registering the case, doesn't believe in the rule of law and they have no respect to the court," he added. Describing Suranjit Sengupta as a guardian of parliament, the senior AL leader said, "We took opinions from him (Suranjit) in case of arising any question over legal and parliamentary complexities. The nation will recall his contribution to all the democratic movements in the country with due respect." Bangabandhu Sangskritik Jote organized the discussions with founding president of the organization Sarah Begum Kabori in the chair. Among others, Dhaka South City AL General Secretary Sahe Alam Murad, joint general secretary Dr Dilip Roy, general secretary of Hindu Bouddha Christian Oikya Parishad Rana Das Gupta, jote vice president Mobarak Ali Shikder and general secretary Arun Sarker Rana were present on the occasion. KJHAA holds its first reunion today DHAKA : Dhaka University (DU) Kabi Jasimuddin Hall Alumni Association (KJHAA) holds its first reunion yesterday at Alumni Hall Auditorium at Nawab Ali Chowdhury Senate Bhaban. DU Vice-Chancellor (VC) Prof Dr Md Akhtaruzzaman presided over the inaugural function while prime minister's Energy Affairs Adviser Dr Tawfiq-e-Elahi Chowdhury addressed it as chief guest, a DU press release said. Marking the occasion, a colorful rally led by VC Akhtaruzzaman, was brought out from Jasimuddin hall premises which paraded the main streets of the campus. Printing press catches fire in Keraniganj DHAKA : A fire broke out at a printing press of a courier service at south Keraniganj in the district on Saturday afternoon, reports UNB. On information, nine units of Bangladesh Fire Service and Civil Defence rushed to the spot and trying to douse the flame. Duty-officer of Bangladesh Fire Service and Civil Defence control room Mizanur Rahman said the fire occurred at 3:10 pm. The cause of the fire was not clear yet, he said. No casualty was reported in this regard. Representative meeting of Rajshahi AL city, district units today DHAKA : A representative meeting of Rajshahi city and district units of Awami League (AL) will be held at Rajshahi Medical College auditorium at 11 am today marking the Prime Minister's upcoming visit to GD-219/18 (9 x 4) Rajshahi, said an AL press release. GD-223/18 (6 x 3) Photo : TBT Bangladesh cables manufacturer gets highest US certification DHAKA : A Bangladesh cable manufacturer has achieved the USA's highest standardization UL as well as German based VDE certifications that opens a new door for the country to export international standard sophisticated domestic cables and Appliance Wiring Materials (AWM), reports BSS. "These certifications has created huge export opportunities for Bangladesh cables in the world market including USA and Europe for the first time," Director and CEO of RR- Imperial Electronics, that achieved the certifications, Mahbub Hossain Mirdah told journalists at a press conference at National Press Club. He said the USA based UL (Underwriters Laboratories) has been certifying electric and electronics companies across the world for last 120 years while the German VDE certification certifies safety and quality of cables. "It is not only gave us opportunity to export sophisticated domestic cables and AWM but also created a cost effective opportunities for the local electronic devices manufacturers to get international standard raw materials from the local market rather importing it by spending huge foreign exchanges," he added. Mentioning that both UL and VDE are the two top standardized bodies that are being accepted in any market in the world, Mahbub said "We are the first ever any electronic product manufacturer of Bangladesh that achieved such kind of high standardization certificates and this will help Bangladesh cable products to make stronghold in the international markets." Moreover, he expected that the achievement would be able to attract more foreign investment in Bangladesh as these international certifications ensure appliance of local backend supply chain. UL representative Shilpa Ashwath Narayan gave a presentation on different features of UL certification process while RR-Imperial Directors ANM Manzoor Murshed, Satish Kumar Agarwal, Ahmed Ashfaqur Rahman, AM Ehsanul Bari, Satish Kumar Agarwal also present at the press conference. VACANCY ANNOUNCEMENT DONG SHENG INDUSTRIAL COMPANY LIMITED Chinese investment company in Bangladesh. This factory produces battery in Comilla. 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