The High Court has rejected BNP chief Khaleda Zia’s petition seeking fresh plaintiff testimonies in the Zia Charitable Trust and Zia Orphanage Trust graft cases. The bench of Justices Md Moinul Islam Chowdhury and JBM Hassan gave its decision on...
FE Online Report | 2015-06-29 00:00:00
Stocks ended for the second running sessions on Monday with turnover crossing Tk4.0 billion-mark again as investors went for buying spree. The market opened with an upward trend which sustained throughout the session amid modest volatility. DSEX, the prime index...
A trawler (large motorised boat) capsized in Bay of Bengal off the coast of Barguna district early Monday. At least 11 fishermen went missing after the trawler went down in Meher Ali area in the Bay, some 110 kilometres south-west...
Police have seized over one kilogram (kg) of Cocaine in Savar upazila of at Dhaka district. When contacted, Dhaka’s Assistant Superintendent of Police (ASP) Nazmul Hassan Kiron said that the Cocaine were found with two persons on Sunday on the...
FE Online Report | 2015-06-29 00:00:00
The Cabinet on Monday approved the Value Added Tax and Supplementary Duty (Amendment) Act. A Cabinet meeting, chaired by Prime Minister Sheikh Hasina, gave the final nod to the amended Value Added Tax and Supplementary Duty Act, 2012, paving the...
The outgoing financial year 2014-15 (FY15) was apparently stable for the primary share market as 16 companies offered IPOs (initial public offering) to go to public for sourcing necessary funds. The 16 companies raised Taka 11.17 billion 1.50 million 67...
Asian shares have tumbled and the euro has slid after Greece failed to strike a deal with its creditors at the weekend and imposed capital controls. The euro fell below $1.10 at one point, from around $1.1165 on Friday, before...
Rapid Action Battalion (Rab) personnel arrested three suspected members of the banned Islamic outfit Hizb ut-Tahrir Bangladesh from Muradpur in Panchlaish area of Chittagong district early Monday. The arrestees were identified as advocate Nur Mohammad, 29, Muntasir Alam, 28, a...
Oil fell more than $1 to below $62 per barrel on Monday, its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook. Brent crude...
Removed minister and former lawmaker Abdul Latif Siddiqui has been freed on bail 7 months after his detention. The former textiles minister was released from prison on Monday afternoon, days after he had obtained High Court bail in all cases...
The World Bank will provide US$ 300 million in loan assistance to implement a project titled ‘Financial Sector Support Project (FSSP). The government and the WB will sign a deal on Tuesday on the project to be implemented by the...
Prime minister’s Special Envoy Al Hajj Hussein Muhammad Ershad has evoked protest and drawn criticism from parliamentarians for his derogatory remarks about women leaders of the country. “We repeatedly say that our prime minister is a woman, speaker is a...
Police have rescued an abducted businessman and arrested five alleged kidnappers from Fulbaria of Turagh area of Dhaka city. The rescued businessman was known as Mukhlesur Rahman, while the arrested abductors are—Md Abdul Gafur, Gulam Md Chowdhury, Md Azad Hossain...
Prime Minister Sheikh Hasina on Monday invited opposition leader Raushon Ershad and Jatiya Party Chairman HM Ershad to attend an Iftar that will be hosted in honor of country’s political leaders. The iftar will be held on July 6 at...
Indian equity markets closed deep in the red on Monday. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) recovered from its initial plunge of about 602.65 points to provisionally close at over 166 points down. The wider 50-scrip...
British American Tobacco Bangladesh Limited (BATBL) has been rated the highest level credit rating ‘AAA’ in long term and ‘ST-1’ in the short term for outstanding financial commitments for shareholders. Credit Rating Information and Services Limited (CRISL), a public limited...
Bangladesh Bank governor Dr Atiur Rahman has expressed concern at the withdrawal of correspondent banking by some banks of developed countries affecting small remitters of developing countries like Bangladesh. He voiced the concern while participating in a discussion on current...
The Finance Bill, 2015 was passed in the Jatiya Sangsad on Monday in an amended form with some changes in tax and customs duties. Finance Minister Abul Maal Abdul Muhith proposed passage of the bill that included the implementation of...
Police arrested two people including a local Jubo League leader in possession of 670 pieces of Yaba tablet in Santhia upazila of Pabna district on Sunday evening. The arrested are Sumon, 33, vice-president of Kashinathpur union Jubo League under Santhia...
A writ petition was filed with the High Court on Monday seeking its directives to investigate by the Anti Corruption Commission (ACC) the allegation of rotten wheat import from Brazil. An HC bench comprising Justice Quazi Reza-UL-Hoque and Justice Abu...
A housewife has been strangulated to death and the body dumped into an underground water reservoir in Gudaraghat area under Shah Ali Police Station in the city. The victim was identified as Bristi, 22, wife of Mahiuddin, a resident of...
The formal reopening of the Mongla-Ghashiakhali channel of the Kumarkhali River has been delayed till August this year as some more dredging works in the main channel still remain to be done. Dredging of some 3.5 km of the targeted...
Not just sleepwalking or talking, there are some people who are having "sleep sex" as they hit the sack, a British survey has revealed. The condition is called "sexomnia" where a person engages in sexual activity during sleep. According to...
A Chinese company on Monday expressed its interest to construct a 35-km long metro rail from Dhaka’s Purbachal to Narayanganj’s Jhilmil residential area. China Railway Sixth group showed the interest when its seven-member delegation, led by vice-general member Zhou Heng,...
The Anti Corruption Commission (ACC) is set to file a case against three people, including two officials of Sonali Bank, for reportedly swindling out more than Tk40 million (Tk4 crore) from the bank. The Commission at a recent meeting approved...
Bahrain has declared a general amnesty for Bangladeshi migrants ‘illegally’ staying in the country. The Labour Councillor at Bangladesh consulate in Bahrain, Md Muhidul Islam, said the migrants could take the opportunity from July 1 to Dec 31. “It will...
Several top colleges in Dhaka are yet to initiate the admission process for Grade XI students because the list of successful candidates has not reached them. The first merit list for college admission was published after Sunday midnight. Viquarunnisa Noon...
India’s rising batting star Ajinkya Rahane will lead the 15-member team for the upcoming Zimbabwe tour, with senior players including MS Dhoni and Virat Kohli being rested, BCCI officials said on Monday. Taking note of the fatigue factor, the selectors...
The government is going to introduce e-payment system for disbursement of the court fees, amending the existing law which allows such payment through stamps and cash on receipt. In this regard the Cabinet in its weekly meeting on Monday has...
Terming the proposed budget for 2015-16 fiscal year as welfare-oriented, Prime Minister Sheikh Hasina Monday expressed her firm optimism that Bangladesh would move another step forward with the implementation of the new fiscal document. "The proposed budget for 2015-16 would...
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