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Toma Construction and Company yesterday got the contract to build eight of the 240 buildings for the Uttara apartment project, taken up by the government to provide housing for the low- and middle-income group.
The company will construct 672 flats at the complex located at Uttara sector 18, according to the proposal from the public works and housing ministry.
The government will give Tk 356.28 crore to the company to construct the flats, which have to be completed within two and a half years from the date of signing the agreement.
The approval came at yesterday's meeting of the cabinet committee on purchase chaired by Industries Minister Amir Hossain Amu.
Besides, the government has selected a Malaysian company for building 8,400 flats under the same project taken up in 2011.
The ministry recently sent the proposal to the purchase committee and draft agreement with the Malaysian company has been forwarded to the law ministry for further scrutiny.
Also at yesterday's meeting, the committee gave the nod to a proposal from the bridges division for appointing a non-governmental organisation named Eco-Social Development Organisation to rehabilitate those affected by the Padma bridge project.
The project's expected outlay is Tk 13.15 crore.
Meanwhile, the cabinet committee on economic affairs yesterday also approved a proposal for taking a $50 million “commodity credit” from Belarus with low interest rates for procuring maintenance equipment for city corporations.
The rate of interest on the loan will be 1 percent and no extra service charge or fee will be applicable, according to a proposal from the local government division.
The government will have to pay 15 percent of the price of the commodities to Belarus in advance and the remaining 85 percent can be paid in 11 years, including a three-year grace period.
Alongside, the Belarus government will provide two years' warranty on the imported equipment; all maintenance cost during the period will be borne by the Belarusian exporter.
The exporter will also send engineers and mechanics to Bangladesh at its own expense to train the workers how to use the machineries. After the expiry of the warranty period, the exporter will supply the necessary spare parts at factory price. It will also set up a service centre for providing services in this regard.
The purchase committee also approved a proposal from the Directorate General of Food, allowing Dubai-based Phoenix Commodities to supply 50,000 tonnes of wheat at $243.69 a tonne to Bangladesh.
MOSCOW (Reuters) - Russian police killed the main suspect in last month’s bombing of a bus in Volgograd and several other suspected militants in Dagestan on Saturday, media reports said.
Five militants, including the husband of the suicide bomber who detonated the bus bomb, were killed in a shootout after hours of armed stand-off at a house in Makhachkala, capital of the violent North Caucasus region of Dagestan.
Dmitry Sokolov had told police during the siege at the house that he had made the bomb set off in Volgograd by the woman authorities have named as Naida Asiyalova, media said.
The bombing, the deadliest attack outside the North Caucasus for nearly three years, raised fears of more Islamist violence as Russia prepares to host the 2014 Winter Olympics in the Black Sea resort of Sochi, near the mainly Muslim region.
FOR the first time in a while Manchester United are going into the derby as favourites.
It’s not just the fact five straight wins have lifted Louis Van Gaal’s rejuvenated team above neighbours City for the first time since Sir Alex Ferguson’s retired two years ago.
There is an assurance and momentum about United now. After months of changing personnel and systems, Van Gaal has finally found a balance and formation that appears to suit his players.
Back in August, United followers were licking their lips at the attacking options of the team with new signings Radamel Falcao and Angel Di Maria linking up with Robin Van Persie, wonderboy Adnan Januzaj and skipper Wayne Rooney.
Van Gaal tried to make the “Galacticos” policy work but realised it couldn’t. Now players who many thought might be surplus to requirements like Ashley Young, Juan Mata and the much-maligned Marouane Fellaini have played leading roles in United’s revival. A case of round pegs in round holes.
Rooney is much happier playing as a striker after a spell in midfield, Michael Carrick’s return in midfield has been vital; Ander Herrera’s energy and tenacity and eye for goal has been significant, while Phil Jones and Chris Smalling have offered some evidence that if they stay fit they can build the centre back partn...
Van Gaal’s basic remit this season was simply to guide United back into the top four and ensure a return to the money-spinning Champions League.
Few people expected United to do it by finishing above City but a United win on Sunday would give them a four-point gap on their neighbours with only six games to play.
It is some turn around. Remember, City finished 22 points above seventh-placed United last season as they pipped Liverpool to their second title in three years.
That means Van Gaal has inspired a 23-point swing in his first season in charge and eased fears of United followers that their club was going to be left in the shade by the Abu Dhabi-backed neighbours.
Heading into Sunday’s game at Old Trafford, it is City who have all the worries.
Their decline since drawing dead level with Chelsea on New Year’s Day has been as bewildering as it has been dramatic.
Out of 16 games in all competitions they have won only six, drawn three and lost seven. That’s an even worse record than David Moyes had as United boss in the first 16 games of 2014 – and looked what happened to him.
It has not only put manager Manuel Pellegrini under serious scrutiny but also a number of his players with City planning a squad overhaul this summer, regardless of who the manager is.
The years and games appear to be catching up on Vincent Kompany and Pablo Zabaleta, City’s longest-serving outfield players. There are questions about Yaya Toure’s commitment to the club with former City boss Roberto Mancini desperate to make him the main man of his Inter Milan future.
Frank Lampard will leave for the his MLS adventure at the end of the season and the longer James Milner delays signing the contract offer on the table the more it seems he will depart as a free agent.
The futures of Samir Nasri, Edin Dzeko, Stevan Jovetic and Aleksander Kolarov are also just as uncertain.
And while Sergio Aguero will remain as one of the key figures at City, his scoring record since returning from a knee medial injury has been poor. He has managed only four in his 14 appearances and has gone six games without finding the net, his worst run since joining the club in 2011.
The Argentina striker has proved something of a scourge for United with six goals in seven derbies and City need him to be back at his best to halt their alarming tail-spin on Sunday.
City have enjoyed the bragging rights in Manchester by winning the last four derbies - something they haven't done since the early 1950s - and have also won on their last three visits to Old Trafford.
What’s the latest from the sets of Captain America: Civil War and X-Men Apocalypse? Which Agents of S.H.I.E.L.D actor has been upgraded to series regular? Could Arrow be coming to the WWE? Want to read four pages of a Swamp Thing script? How do Captain America and the Hulk look fighting in a failed video game? Do we ha...
Disney XD renewed two of their big Marvel TV shows.
Actor Luke Mitchell has been upgraded to regular on Agents of S.H.I.E.L.D.
Bryan Singer marked a big day on the set of X-Men Apocalypse.
A history of Catwoman via Sideshow Collectibles.
Heroic Hollywood launched Monday with this video celebrating superhero films.
Hollywood PQ has some nice set photos from X-Men Apocalypse including bald James McAvoy.
Director Vincenzo Natali tweeted the first four pages of a Swamp Thing script he’d worked on.
Actor Andre Tricoteux is indeed playing Colossus in Deadpool.
Mark Hunt will headline the UFC's first event in Russia, the organisation confirmed this morning.
The Kiwi heavyweight will face off against Aleksei Oleinik in the main event of the UFC Fight Night in Moscow on September 15.
Oleinik was originally expected to fight former UFC heavyweight champion Fabricio Werdum, but the bout was put on hold after Werdum was flagged for a potential anti-doping violation.
The UFC then turned to the number eight ranked Hunt – who is looking to bounce back from a disappointing loss to Curtis Blaydes earlier this year – to headline the much-anticipated event in Moscow.
The imminent return of Lesnar to the heavyweight division could have a significant impact on Hunt's lawsuit against the UFC, Lesnar and White, but for now, the Kiwi fighter is staying focussed on the task ahead.
"I have a lot of respect for Russian athletes, I have fought one of the greatest Russian fighters of all time in Fedor [Emelianenko]," said Hunt.
"I think Oleinik will be tough like me, but I will bring my best to this match and he is going to have a long night if he makes it out of the second or third round. My style will win me this fight."
Oleinik (56–11–1) is one of the most experienced fighters in the division, an accomplished grappler known as the only fighter to win a UFC fight with an "Ezekiel choke" – a Judo chokehold which compresses the opponent's trachea.
It makes for an intriguing matchup against Hunt's one-punch knockout power.
"If I do not fall under Hunt's cannon, then it will be difficult for him to extricate himself from my arms," Oleinik said.
The Ukrainian-born Russian – who fights out of Moscow – said he was honoured to be headlining the historic event.
"I'm so happy to be a part of Russian MMA history by headlining the first UFC event in Russia.
"The fans can expect a legendary event, a legendary name, and legendary quality of fights in Moscow – and they will get it."
Were you a well-mannered traveler in 2007?
Remember Kyla Ebbert? In September, she made waves by wearing a revealing outfit on a Southwest flight, which in turn sparked a couple Well-Mannered Traveler columns.
Michele Ferrero attends the funeral of the heir to the Italian chocolate company Ferrero, Pietro Ferrero, in Alba, Italy on April 27, 2011.
Italy’s richest man and the candy maker behind the iconic Nutella hazelnut spread died as millions of Americans indulged in his sweet creations on Valentine’s Day.
Michele Ferrero, whose company spawned Ferrero Rocher chocolates and Kinder eggs, died at age 89 at his home in Monaco. According to BBC News, Ferrero had been battling illness for months.
Forexpros - European stock markets dropped on Wednesday, erasing the biggest three-day rally in 16 months as a reported split within the euro zone on Greece's bailout funds dampened hopes for united action against the region's debt crisis.
During European morning trade, the EURO STOXX 50 tumbled 1.32%, France's CAC 40 dropped 1.33%, while Germany's DAX 30 fell 1.43%.
European equities were hit following reports of a division in the single currency bloc over Greece's second EUR109 bailout tranche and ahead of a series of key votes on a potential enhancement of the European Financial Stability Facility.
A vote on the enhancement proposal was scheduled in Finland later in the day.
The financial sector led the fall, with shares in France's BNP Paribas plummeting 5.08% and Societe Generale sliding 2.81%, while Germany's Deutsche bank tumbled 3.98%.
Italian banks Unicredit and Intesa Sanpaolo saw shares drop 1.49% and 2.42% respectively, while Spain's Banco Santander slipped 1.72%.
Meanwhile, shares in French carmaker Peugeot Citroen plunged 4.03% after Goldman Sachs cut its rating to sell from neutral, saying there is little upside potential for the company in the coming year and that the possibility of contagion from the euro zone debt crisis is a significant risk.
In London, the FTSE 100 shed 0.83% as U.K. lenders shadowed losses posted by their counterparts across the Continent.
The biggest faller in the financial sector was hedge fund manager Man Group, with shares plunging 21.08% after the firm reported its assets under management dropped by around USD6 billion in the second quarter.
Barclays saw shares tumble 3.35% and Royal bank of Scotland posted a 3.32% drop, while shares in Lloyds Banking plunged 3.30%.
Copper producers were also hit as Xstrata and Kazakhmys saw shares decline 2.13% and 2.04% respectively, while mining giants Rio Tinto and BHP Billiton fell 1.51% and 2.49%.
Elsewhere, U.S. equity markets pointed to a lower open. The Dow Jones Industrial Average futures pointed to a drop of 0.15%, S&P 500 futures signaled a fall of 0.21%, while the Nasdaq 100 futures indicated a 0.27% decline.
Later Wednesday, a U.S. report on durable goods orders was to be released, while Federal Reserve Chairman Ben Bernanke was also scheduled to speak.
A Beaver Falls woman sexually assaulted a 13-year-old as the two drove to a basketball game in Allegheny County, police said.
Tierra L. Cottrill, 25, was charged by state police in Pittsburgh with two counts of aggravated indecent assault, unlawful contact with a minor, corruption of a minor and two counts of indecent assault.
The victim told investigators that she and her family had plans on Feb. 5 to go to another relative’s basketball game at Sto-Rox Middle School. The victim was supposed to ride with her grandmother to the school, but Cottrill asked if the victim could ride with her, according to the police report.
As they drove, Cottrill began playing “sexually provocative music” on the radio. Then she rubbed the victim’s thigh and tried to unbutton her pants, the victim told police.
The victim pushed Cottrill’s hand away, she told police. Cottrill then touched the victim inappropriately, and the victim told her to stop, according to the police report.
Cottrill stopped only when they pulled into the school parking lot, police said.
All charges against Cottrill, of 315 13th St., were held for court at her July preliminary hearing. She is scheduled for trial in January.
Conservative media figures criticized the Obama administration for suggesting terrorism is tied to poverty, ignoring the fact that former President George W. Bush also explicitly cited alleviating poverty as a fundamental tool to fighting terrorism.
MATTHEWS: Are we killing enough of them?
MATTHEWS: We`re not going to be able to stop that in our lifetime, or 50 lifetimes! There`s always going to be poor people. There`s always going to be poor Muslims. And as long as there are poor Muslims, the trumpet`s blowing! They`ll join. We can`t stop that, can we?
Conservative Media Attack Observation As "Ignorant," "Deranged," "Sickening"
BUSH: Many here today have devoted their lives to the fight against global poverty, and you know the stakes. We fight against poverty because hope is an answer to terror. We fight against poverty because opportunity is a fundamental right to human dignity. We fight against poverty because faith requires it and conscien...
BUSH: Yet we know that this war will not be won by force of arms alone. We must defeat the terrorists on the battlefield and we must also defeat them in the battle of ideas.
We must change the conditions that allow terrorists to flourish and recruit by spreading the hope of freedom to millions who've never known it. We must help raise up the failing states and stagnant societies that provide fertile ground for the terrorists. We must defend and extend a vision of human dignity and opportun...
Bejing - Tibetan officials Wednesday defended China's policies in the southwestern region and called on the international community not to be "bewitched" by the exiled Dalai Lama or his "rumours" about the human rights situation there.
Bejing - Beijing on Tuesday denounced a US report accusing the Chinese government of impeding access to Tibet as "full of prejudice" and warned that continued interference in the Himalayan region could damage US-China relations.
Washington - China "systematically" impedes access to Tibet with restrictions that have prohibited diplomats, journalists and ordinary citizens from visiting, the United States said in a report Monday.
Dharamsala - Huge crowds gathered at the Dalai Lama's temple in India Sunday to commemorate 60 years since the failed Tibetan uprising against Chinese rule that drove the spiritual leader into exile.
Washington - Lodi Gyari, the Dalai Lama's right-hand diplomat who led rare negotiations with China that proved frustrating and fruitless, has died, former colleagues said. He was 69.
Bejing - Students in Tibet have been banned from taking part in religious activities over the summer holidays, Chinese state media reported Tuesday.
Bejing - A Tibetan who has campaigned to preserve his region's ancestral language was jailed for five years in China on Tuesday for "inciting separatism" in a case Amnesty International denounced as "beyond absurd".
Stockholm - Swedish prosecutors on Wednesday charged a 49-year-old Chinese man with espionage for allegedly gathering intelligence on Tibetan refugees in Sweden and Norway for China.