An Indian company will drill an exploratory well in a shallow offshore block in the Bay of Bengal to discover hydrocarbons, on terms that allow third-party sale. Officials said buoyed by findings of preliminary search, ONGC Videsh Ltd (OVL) has moved to drill the well near Moheshkhali under shallow-depth gas...
Read moreThe 13th Asia Pacific Business Forum (APBF) 2017 begins in the capital today (Wednesday). The two-day high profile meeting is being held for the first time in Bangladesh, organisers said. President Md Abdul Hamid is scheduled to inaugurate the event as chief guest at Pan Pacific Sonargaon Hotel. The International...
Read moreCountry's banking sector is facing complaints in rising numbers, totalling 4,530 in the last fiscal alone, against various alleged wrongs. By official count the complaints increased by over 15 per cent in the fiscal year (FY) 2015-16 over the previous fiscal. According to a disclosure made by the central bank...
Read moreA Secondary School Certificate (SSC) examinee and a Bangladesh Bank (BB) official were killed in two separate road accidents in the city on Tuesday. The SSC examinee, Sakibul Islam (15), was killed near Mohakhali flyover, as he took his head out of the window of a running bus, and suddenly...
Read moreThe rate of point-to-point inflation in January increased marginally to 5.15 per cent compared to that of the previous month December after a falling trend in the two preceding months, official statistics showed Tuesday. Since November 2016, the inflation rate rose last month (January) as the prices of food items...
Read moreThe government spent Tk 399.73 billion from the Tk 1.13-trillion Annual Development Programme (ADP) in July-January period-marking 4.0 percentage points higher spending over the corresponding period of last fiscal. After Tuesday's Executive Committee of the National Economic Council (ECNEC) meeting, Planning Minister AHM Mustafa Kamal told journalists that the government...
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