ADB lowers growth forecast to 7.5pc
Bangladesh economy is likely to grow at a rate of 7.5 per cent in the ongoing fiscal year (FY), 2018-19, the Asian Development Bank (ADB) has projected afresh. The newly forecasted gross domestic product (GDP) growth rate is much lower than the 7.9 per cent growth, which ADB forecasted for...
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Quader reaches Singapore by air ambulance
Awami League General Secretary Obaidul Quader, who is suffering from heart complications, has been flown in to Singapore by an air ambulance for advanced medical care, reports bdnews24.com.The ambulance for Mount Elizabeth Hospital arrived in the island nation at 7:50pm Bangladesh time on Monday, Welfare Officer Al Amin Hossain at...
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NBR to offer fiscal benefits on basis of industries’ inputs
The National Board of Revenue (NBR), from now on, will offer monetary benefits to the investors and businesses on the basis of their economic contribution and payback plan, officials said.To get the benefits, the industries concerned will have to furnish their year-wise plans, for next five years, on investment, production...
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OIC endorses legal action against Myanmar at ICJ
In a major breakthrough, the Organisation of Islamic Cooperation (OIC) unanimously adopted a resolution to move at the International Court of Justice (ICJ) for establishing the legal rights of Rohingya and for trying those who committed atrocities against them in Myanmar.The resolution to pursue a legal recourse through the ICJ...
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Non-cooperation of traders blamed for suspension of probe body’s work
A government-formed committee had to suspend its function in Old Dhaka for a couple of days due to non-cooperation from local traders and homeowners in the area, officials said. The labour ministry on February 22 formed the five-member committee to prepare a database of the factories located in Old Dhaka...
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Dhaka to seek DP World’s investments in ports
Bangladesh will seek Dubai-based DP World's investments for Chittagong and Payra ports, officials say.A delegation of the DP World high-ups is scheduled to arrive in the city today (Tuesday) and shipping officials in Dhaka will seek investments.During Prime Minister Sheikh Hasina's UAE visit on February 17, chairman of DP World...
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Bangladesh looks to BB cyber-heist case settlement to recover stolen funds
Bangladesh is looking to leverage pressure from a US legal battle to come to an agreement with the Filipino defendants of a case over a central bank cyber-heist to recover the stolen funds, reports bdnews24.com.A team of lawyers and Bangladesh Bank officials will depart for the Philippines next week as...
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News Watch- (05-03-2019)
First JS session to continue until Mar 11The first session of the 11th JS that started on January 30 will continue until March 11. The decision came from a meeting of the Business Advisory Committee of the current parliament held at Jatiya Sangsad on Monday. Committee chairman and Speaker Dr...
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Building in Gulistan area shows shallow fog
The photo taken from Dhaka South City Corporation building in Gulistan area shows shallow fog enveloping parts of the city on Monday morning — FE photo
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Prayer Timings-(05-03-2019)
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