The Bangladesh Railway (BR) signed a contract with an US manufacturer on Monday to procure 40 broad-gauge diesel-electric locomotives at a cost of US$ 235 million (Tk 11.23 billion).The authority believes that procurement of these engines would increase the passenger and freight transportation capacity.Under the agreement, the Chicago-based Progress Rail...
Read moreThe central bank has sought an allocation of Tk 8.0 billion for its 'Entrepreneurship Support Fund' (ESF) in the upcoming fiscal year (FY) 2019-20 for financing agro-based projects.Besides, it has projected a requirement of Tk 35 billion for its ESF between 2020-21 and 2023-24. Currently, some Tk 20 billion will...
Read moreThe Payra Port Authority (PPA) and the Payra Dredging Company Limited, a venture of Jan De Nul, a Belgium-based company, have signed an agreement on capital and maintenance dredging of Rabnabad channel of the port.PPA Chairman Commodore M Jahangir Alam and Chairman of Jan De Nul David Jonckheere signed the...
Read moreThe government has waived the tax, amounting to Tk 100, on SIM replacement for the newly-introduced Mobile Number Portability (MNP) service. A gazette notification to this effect was issued on Monday, following a statutory regulatory order from the National Board of Revenue (NBR).As a result, the cost of switching cell-phone...
Read moreThe political parties will be invited for exchanging greetings with Prime Minister Sheikh Hasina but not for holding any dialogue, Obaidul Quader said Monday, reports BSS."The political parties will not be invited for holding dialogue. But Prime Minister Sheikh Hasina wants to invite the political parties to greet them following...
Read moreSYLHET, Jan 14 (UNB): BNP secretary general Mirza Fakhrul Islam Alamgir on Monday said Jatiya Oikyafront will join the proposed talks with Prime Minister Sheikh Hasina if election-centric agenda is fixed, reports UNB."We don't know what will be the agenda of the talks. Our only agenda is to have the...
Read moreLONDON, Jan 14 (BBC): Theresa May has urged MPs to back her Brexit deal "for the country's sake" as Tuesday's Commons vote looms closer.She warned of "paralysis in Parliament" if the deal is rejected and said trust in politics would suffer "catastrophic harm" if the UK did not leave the...
Read moreA pick-up van, badly damaged in a road accident, still plying a road in Narayanganj. The photo was taken recently — FE Photo
Read moreWorld Bank's new report is quite shocking! It says that of the planet's 736 million extreme poor in 2015, 368 million-half of the total-lived in just five countries, according to a report published on https://www.devdiscourse.comThe five countries with the highest number of extreme poor are: India, Nigeria, Democratic Republic of...
Read moreCHATTOGRAM, Jan 14: Three Pubali Bank officers have been arrested in Chattogram on charge of embezzlement of nearly Tk 130 million from Chawkbazar branch in the city.Manjurul Islam, Deputy General Manager of Pubali Bank Chawkbazar Branch, handed them over to the police today for embezzlement of Tk 128,550,000 from the...
Read moreBiman Bangladesh Airlines will keep hand lock ties in its flights to prevent untoward incidents by unruly passengers, the national flag carrier said on Monday, reports UNB."We are doing it for the safety of passengers and the flights," Shakil Meraj, Biman's general manager of public relations, said. "Any passenger, attempting...
Read moreMore U.S. coal-fired power plants were shut in President Donald Trump's first two years than were retired in the whole of Barack Obama's first term, despite the Republican's efforts to prop up the industry to keep a campaign promise to coal-mining states, reports Reuters.In total, more than 23,400 megawatts (MW)...
Read moreActivists of various Islamic organisations staging a demonstration in front of National Press Club in the capital on Monday to protest Hifazat-e-Islam Amir Shah Ahmed Shafi's comments on women's education — bdnews24.com
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