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New salary structure proposal for BSEC bosses hangs in the balance

Rezaul Karim | 2015-06-15 00:00:00

Proposal of a new salary structure for the chairman and commissioners of the Bangladesh Securities and Exchange Commission (BSEC) hangs in balance due to lack of required approval from the ministry of finance (MoF), officials said. The Bank and Financial...

IBBL gets new chairman

2015-06-15 00:00:00

Engr. Mustafa Anwar has been elected chairman while Yousif Abdullah Al-Rajhi and Professor NRM Borhan Uddin were made vice chairmen of Islami Bank Bangladesh Limited. The election was held in a meeting of Board of Directors of the Bank recently,...

Nitol Ins AGM held

2015-06-15 00:00:00

The 16th Annual General Meeting of Nitol Insurance Company Limited was held recently in the city, said a statement. The meeting approved a total of 15 per cent stock dividend for the year 2014 for all the shareholders of the...

News Briefs

2015-06-15 00:00:00

e-commerce professionals seek tax exemption e-commerce professionals have demanded of the government to keep the nascent but booming sector out of all types of tax to help it harness the potential to grow manifold in the near future. Addressing a...

Photo: Mercantile Bank Limited

2015-06-15 00:00:00

Northern lowlands flooded, rivers flowing above danger level

2015-06-14 00:00:00

Rivers are flowing above the danger mark in Kurigram, Lalmonirhat, Nilphamari, Bogra, Gaibandha, Jamalpur, Sylhet and Sunamganj following torrential rain coupled with flush floods. The Teesta rose 24 centimetres to flow 22 centimetres above the danger level at the Dalia...

Bus crashes in Egypt kill 23, injure 17

2015-06-14 00:00:00

Two separate road accidents in Egypt killed 23 Egyptians and injured 17 others on Sunday, officials said. Husam Gamil, director of emergency services for the Red Sea governorate, said one accident occurred when a passenger bus flipped over near the...

Greece bailout talks end with no deal

2015-06-14 00:00:00

BRUSSELS: Crunch bailout talks between Greece and its EU-IMF creditors ended without a deal Sunday, with "significant gaps" still remaining, a European Commission spokesman told newsagency. "While some progress was made the talks did not succeed as there remains a...

Netherlands for fair garment price

2015-06-14 00:00:00

Getting a fair price is a challenge facing Bangladesh’s apparel exporters, the visiting Netherlands foreign trade and development minister has acknowledged and promised joint efforts. Lilianne Ploumen says it is the responsibility of the government and industry owners to ensure...

Budget: Making choices regarding distribution of tax burden

Muhammad Abdul Mazid | 2015-06-14 00:00:00

The supplimentary budget for the FY 2014-15 and proposed budget for FY 2015-16 have been placed before Parliament last week. According to the rules and procedures, the supplimentary budget will be cleared within a week after it is placed and...

Working for company’s long-term interests

Chandra Shekhar Das | 2015-06-14 00:00:00

A company is an incorporate association, having a separate entity. The statutory definition of a company says it is formed and registered under related laws and regulations. So, a company is an incorporated institution created by law. It is considered...

Can RMG help achieve middle-income status?

Md. Harunur Rashid | 2015-06-14 00:00:00

The finance minister, while proposing FY 2015-16 budget before the parliament, proposed to raise  tax at source on export proceeds of readymade garments (RMG) to one per cent from existing 0.30 per cent. He described this as the final tax...

Season’s first rain and consequences

2015-06-14 00:00:00

It is quite usual for the media, print as well as electronic, to devote part of their time and space to highlight the sufferings that the residents of Dhaka city are forced to go through, following a moderate to heavy...

Keeping prices within tolerable limit in Ramadan

Shahiduzzaman Khan | 2015-06-14 00:00:00

Following a meeting with the businessmen last month, commerce minister Tofail Ahmed said that the supply of commodities including lentils, edible oil, sugar, gram, onion and garlic was higher in the market than the demand. In the meeting, he told...

Waiting for monsoon eagerly, and with hope

Shihab Sarkar | 2015-06-14 00:00:00

The heavy showers on Thursday (June 11), a day after media reports quoted weather people as saying this year's monsoon would not see much rain, accompanied welcome signs. Thursday's late-morning downpour in the city was preceded by another spell of...

Child labour issue deserves our highest attention

2015-06-14 00:00:00

Child labour is an issue which should be addressed with all sincerity and earnestness. It is sad to see children working hard when they are supposed to be class rooms or playgrounds. In our country, the child labour is common....

Skipping breakfast: An unhealthy habit

2015-06-14 00:00:00

Many of us skip breakfasts which is an unhealthy habit. As a matter of fact, breakfast is the most important meal of the day, as we usually start the day with it and go out for work. It is true...

Facebook connects us with our loved ones

2015-06-14 00:00:00

Facebook has become a part of everyday life of not only urban and educated people, but also in the rural areas where people are not so educated and aware to be users of Face book. I remember an interesting incident...

Growth is essential for social harmony

Raghuram Rajan in the first of a three-part presentation on the post-recession global economy | 2015-06-14 00:00:00

There are few areas of robust growth around the world, with the IMF repeatedly reducing its growth forecasts in recent quarters. This period of slow growth is particularly dangerous because both industrial countries and emerging markets need high growth to...

Why irregular migration on the rise

Sarwar Md. Saifullah Khaled | 2015-06-14 00:00:00

As the market for jobseekers at home and abroad through legal channels has shrunk, the tendency of searching for jobs overseas through irregular channels is increasing day by day. This partly explains the growing humanitarian crisis that has forced thousands...

Sand lifting from Jomuneshwari poses threat to river bank

Our Correspondent | 2015-06-14 00:00:00

RANGPUR, June 13: A section of unscrupulous people are lifting sand from Jomuneshwari river at Nagerhat area under Badarganj Upazila in Rangpur district, posing serious threat to river bank and adjoining establishments. The dishonest sand traders are doing this illegal...

Year\\\'s highest rainfall in Sylhet, city dwellers badly suffer

From A Correspondent | 2015-06-14 00:00:00

SYLHET, June 13: Sylhet experienced excessive rainfall for the last 3 days paralysing the civic life.   Excessive rains for the last 3 days has caused severe water stagnancy in different areas of the city and around.  Life in the city...

Brahmaputra, Ghagot cross danger level in Gaibandha

2015-06-14 00:00:00

More campaign on safe mango needed for growers\\\' benefit

2015-06-14 00:00:00

RAJSHAHI, June 13 (BSS): More campaign on safe mango which are being sold everywhere in Rajshahi and Chapainawabgonj districts at present has become an urgent need for welfare of the growers in general, speakers at a public gathering here said....

Creating awareness about flood preparedness stressed

2015-06-14 00:00:00

GAIBANDHA, June 13 (BSS): Speakers at a cultural function here recently underlined the importance of creating awareness among the people about flood preparedness to reduce the loss of lives and properties during the calamity. "In this context, cultural function can...

Pineapple farming gaining popularity in Narsingdi

2015-06-14 00:00:00

NARSINGDI, June 13 (BSS): Farming of Honey Queen pineapple is gaining popularity at Palash upazila of the district during this season. Successful yield of Honey Queen Pineapple brings substantial amount of money to the farmers. A number of farmers mainly...

Thousands marooned in Lalmonirhat chars

2015-06-14 00:00:00

LALMONIRHAT, June 13 (BSS): Several thousands of people in char areas in the district of Lalmonirhat were marooned as the Dharla river swelled due to pre-monsoon rains. Officials and local sources said water-level at the Dharala river has risen sharply...

Crockery trader robbed of Tk6.4m in Gaibandha

2015-06-14 00:00:00

GAIBANDHA, June 13 (UNB): Muggers took away Tk 6.4 million (64 lakh) from a crockery trader stabbing his brother-in-law at Jhilpara in Gobindaganj upazila on Friday night. Officer-in-charge of Gobindaganj Police Station Jahidul Islam said a gang of muggers intercepted...

Schoolgirl killed by stepmother in Gazipur

2015-06-14 00:00:00

GAZIPUR, June 13 (UNB): A schoolgirl was stabbed to death allegedly by her stepmother at Auchpara in Tongi area on Saturday morning. The deceased was identified as Sajia Alam Joya (12), a class VII student of local Pilot School and...

New BIFS Rajshahi committee formed

RU Correspondent | 2015-06-14 00:00:00

RAJSHAHI UNIVERSITY, June 13: Prof. Abdul Khaleq, former Vice Chancellor of Rajshahi University (RU) and poet Ariful Haque were made president and general secretary respectively of Bangladesh-India Friendship Society (BIFS), Rajshahi unit, said a press release. The full-fledged committee was...