IDLC Finance Tuesday unveiled a unique financial solution for women entrepreneurs in Bangladesh. The product, named "IDLC Purnota", is structured to meet both financial and non-financial needs of women entrepreneurs across Bangladesh. IDLC Purnota offers special interest rates on loan...
FE Report | 2015-06-10 00:00:00
The securities regulator Tuesday approved the initial public offering (IPO) proposal of Simtex Industries Limited to raise a fund worth Tk 600 million from the public. The approval came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC)...
New DMD of NCC Bank Md Fazlur Rahman has been promoted as Deputy Managing Director (DMD) of NCC Bank Ltd. Prior to this position, he was working in the same Bank as Senior Executive Vice President. During this period, he...
Arif Quadri has joined The Premier Bank Limited as Deputy Managing Director recently. Prior to this he served as Deputy Managing Director of Meghna Bank Limited. Mr. Quadri in his long career worked in leadership roles for more than 31...
Doulot Akter Mala | 2015-06-10 00:00:00
Government's revenue authorities have now weaved a web of strategies to collect an additional Tk 111.64 billion in taxes during the upcoming financial year (2015-16). Tax officials are hopeful that the National Board of Revenue (NBR) would be able to...
Siddique Islam | 2015-06-10 00:00:00
The country's overall trade deficit widened by more than 54 per cent in the first ten months of the current fiscal (FY), 2014-15, due to higher import payments and lower export receipts, officials said. The deficit rose to $8.49 billion...
Shamsul Huq Zahid | 2015-06-10 00:00:00
Power consumers are largely relieved of load-shedding in the hot summer days this year. The power situation that has improved steadily over the last five years was simply unbearable until the fiscal year (FY), 2009-10. But the improvement in power...
Pankaj Dastider | 2015-06-10 00:00:00
CHITTAGONG, June 9: Rise in quantity of condensate in Bibiana Gas Field has led to drastic fall in gas supply to Chittagong for the last four days. The gas supply shortage has severely hampered household chores and production in industrial...
Biman Bangladesh Airlines has started collecting excise duty from the passengers at airports after a hike was proposed in the 2015-16 budget. The increased excise duty was imposed from June 4. Passengers for SAARC countries are paying Tk 500 in...
The Indian Army on Tuesday conducted a cross-border revenge attack in Myanmar by killing nearly a dozen militants said to be involved in the massacre of 18 soldiers last week in Manipur's Chandel district. The strike was done in coordination...
FE Report | 2015-06-10 00:00:00
Government ministries and agencies could spend hardly 67 percent of the Tk 750 billion revised annual development programme (ADP) allocation in eleven months until May of the outgoing financial year (2014-15), in a decelerated delivery on national development works. Now...
It is rare for a large figure on the world stage to visit Bangladesh, and so when the aeroplane bearing Narendra Modi, India's prime minister touched down this weekend, cabinet members queued up on the tarmac to greet him. Their...
Jubair Hasan | 2015-06-10 00:00:00
Plainclothes policemen have raised an alarm over circulating fake local currency notes as several groups are becoming active ahead of the holy Ramadan in the capital. The Detective Branch (DB) of police made the disclosure on Tuesday after arresting six...
The International Crimes Tribunal-1 (ICT-1) condemned on Tuesday fugitive Syed M Hachen alias Hasan Ali of Kishoreganj to death for his crimes against humanity during the Liberation War in 1971, reports UNB. The three-member tribunal, headed by Justice M Enayetur...
BNP demanded on Tuesday the government release its all leaders and activists, including party acting secretary general Mirza Fakhrul Islam Alamgir, before the holy month of Ramadan for the sake of democracy, reports UNB On the other hand, the party...
An Awami League (AL) senior leader rejected on Tuesday BNP's claim that the government has failed to reach a deal over the sharing of Teesta water, reports UNB. He further said BNP is trying to make people confused about it....
The High Court (HC) ordered on Tuesday the authorities to admit BNP acting secretary general Mirza Fakhrul Islam Alamgir to Bangabandhu Sheikh Mujib Medical University (BSMMU) for treatment, reports UNB. An HC bench comprising Justice Naima Haider and Justice Iqbal...
The activities of the task force constituted to bring back the convicted fugitive killers of Bangabandhu and other martyrs of the August 15 carnage are continuing, State Minister for Home Asaduzzaman Khan said this on Tuesday, reports BSS. Replying to...
Law, Justice and Parliamentary Affairs Minister Anisul Huq said on Tuesday a new law will be enacted to tackle the crimes carried out through blogging, reports BSS. He also said the Information and Communication Technology (ICT) Act of 2006 will...
CHITTAGONG, June 9 (BSS): Members of the Rapid Action Battalion (RAB) arrested one leader of a new militant outfit - 'Shahid Hamza Brigade (SHB)' - from Chittagong Railway Station area on Tuesday. The arrested, hailing from Chandpur Sadar upazila, was...
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