Yasir Wardad | 2015-09-01 00:00:00
Water level in rivers around Dhaka witnessed a rise in the last four days, triggering fears of a flood. Flood and meteorology experts, however, predicted that the flood might turn moderate to severe one if the present trend of rain...
FE Report | 2015-09-01 00:00:00
The state-owned Bangladesh Submarine Cable Company Ltd (BSCCL) is reducing wholesale bandwidth price by up to 43 per cent from today (Tuesday). The new rate will be effective in Dhaka, Chittagong and Cox's Bazar primarily. However, the retail users are...
Siddique Islam | 2015-09-01 00:00:00
The volume of classified loans in the agriculture sector marked a significant fall in July last following strengthening of recovery drive along with the ongoing rescheduling facility, officials said. The non-performing loans (NPLs) of farmers dropped to Tk 50.79 billion...
Our Correspondent | 2015-09-01 00:00:00
CHITTAGONG, Aug 31: The Power Development Board has constituted a three-member committee to investigate the fire incident at Shikalbaha 60- megawatt power station. A PDB official said the probe committee would submit its report on the cause of fire within...
BANDARBAN, Aug 31 (BSS): Bangladesh and Myanmar have launched a coordinated security clampdown against rebel Arakan Army, officials said today. They said Myanmar troops launched a simultaneous drive on the borders as Bangladesh army joined hands with the Border Guard...
FE Report | 2015-09-01 00:00:00
A special tribunal Monday sentenced two directors of Chic Tex Limited to four years in jail in the maiden verdict in a 1996 stock-market scam-related case. The accused were also ordered to pay Tk 3.0 million each in financial penalty...
While the crowd were playing the role of mere spectators even after seeing a schoolboy drowning in a drain in Chittagong, a traffic constable jumped into the water body without thinking anything to save him. He earned acclamation when he...
M Azizur Rahman | 2015-09-01 00:00:00
Kuwait Petroleum Inter-national (KPI) has scrapped its plan to construct a 10 million tonnes per year capacity crude oil refinery worth US$ 6.0 billion in Bangladesh in a major setback for future energy security, said officials. The KPI, a subsidiary...
FE Report | 2015-09-01 00:00:00
The Cabinet approved Monday a draft law providing for the formation of Bangladesh Investment Development Authority (BIDA) through the merger of the Board of Investment (BoI) and the Privatisation Commission (PC). Under provision of 'The Bangladesh Investment Development Authority (BIDA)...
Ahsan H. Mansur and Muhammad Shafiullah | 2015-09-01 00:00:00
Bangladesh Bank (BB) has recently issued its latest Monetary Policy Statement (MPS) for the period July-December 2015. This MPS has been described as a continuation of polices embodied in previous MPS'. BB has moved to a restrained monetary policy since...
COMILLA, Aug 31: Six fish traders were killed and seven others injured as a truck overturned on the Dhaka-Chittagong highway in Dhonpur area of Sadar upazila early Monday, reports UNB. Abdul Awal, officer-in-charge of Moinamoti highway police outpost, said the...
The written tests of the 35th Bangladesh Civil Service (BCS) examination will be held today (Tuesday). The examinations will simultaneously be held in Dhaka, Chittagong, Rajshahi, Barisal, Khulna, Sylhet and Rangpur centres, said a PID handout on Monday. Meanwhile, carrying...
Wall Street ended lower on Monday (August 31, 2015) and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential US interest hike in this month (September). Fed...
The broader price index of Dhaka Stock Exchange (DSE) was 23.64 points down in August, 2015, when market saw volatility amid mixed economic data. The DSEX closed the last trading session of August at 4768.66 on Monday when the blue-chip...
Speakers at a meeting have said there is no alternative to accurate, authentic, reliable and timely statistics for proper planning, designing, monitoring and evaluating development plans at all levels. Bangladesh Bureau of Statistics (BBS) organised the regular day-long meeting of...
The Forming of Bangladesh Investment Development Authority (BIDA), merging the Board of Investment (BoI) and the Privatisation Commission (PC) will increase investment, a top government official has said. The Cabinet has cleared a draft legislation aimed at facilitating the merger...
Mystery shrouded the deaths of a mother and her minor daughter in Dumuria upazila in Khulna district. Police recovered the bodies of Reshma, 22, and her one-and-half-year-old daughter from a house in Mothbaria village under the upazila. Officer-in-charge (OC) of...
A section of pro-liberation teachers of Shahjalal University of Science and Technology (SUST) have announced a three-day work abstention programme from this (Tuesday) morning protesting Sunday’s attack on their colleagues allegedly by the activists of Bangladesh Chhatra League (BCL). The...
The Apollo Hospital Group is planning to expand its operations in Bangladesh and Kolkata in the next few years, a top official of the city facility has said. "We presently have a hospital in Dhaka. We have plans to have...
Two bikers were killed as a bus ran over them on the city’s Mayor Mohammad Hanif Flyover on Monday night. The deceased were identified as Jahirul Islam and Amzad Hossain, according to their identity card and mobile phone respectively. Witness...
A truck ran over two workers leaving them dead on the spot at Wrishipara under Turag Police Station in Dhaka on Monday. The deceased were identified as Matiar Mandal, 35, and Abdul Mannan, 27. They were workers and hailed from...
Bangladesh Chhatra League (BCL) has temporarily expelled three leaders of its Shahjalal University of Science and Technology (SUST) unit for their alleged involvement in the assault on teachers. The decision was announced on Monday night. The three are – university...
FE Online Report | 2015-09-01 00:00:00
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hour of trading on Tuesday, the third session of the week. DSEX, the prime index of the DSE, went down by 16.48 points or...
Asian shares extended losses on Tuesday. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent, erasing its early gains. The index shed more than 10 per cent in the month of August, its worst monthly performance since...
Detectives arrested six suspected members of a counterfeit money syndicate and seized forged currency notes worth about Tk12 million from Mirpur area of Dhaka city on Monday night. The law enforcers also recovered various tools used in producing fake notes...
US stocks closed lower again, reflecting continuing concerns about the Chinese economy and uncertainty over US interest rates. The Dow Jones fell 114.98 points, or 0.69%, to 16,528.03. The tech-heavy Nasdaq dropped 1.1% to 4,776.51, while the S&P 500 lost...
The International Crimes Tribunal has issued a stern warning to Gonoshasthaya Kendra founder Zafrullah Chowdhury for his remarks on its judges and described him as ‘wrong-headed’. The ICT-2 led by Justice Obaidul Hassan issued the warning on Monday while delivering...
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