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Photo: National cricketer Tamim Iqbal has signed an agreement with MI Cement Factory Ltd (Crown Cement) as a Brand Ambassador of the company

2015-06-09 00:00:00

Weekly Mutual Funds Update

2015-06-09 00:00:00

Income tax to get priority attention in next fiscal

FE Report | 2015-06-09 00:00:00

Individual and corporate income tax will get priority attention for the first time in the upcoming financial year (FY) as Finance Minister AMA Muhith Monday handed taxmen their task list for an aggressive collection drive.        Mr Muhith admitted that the...

Export earnings target falls short by 6.0 pc

FE Report | 2015-06-09 00:00:00

The country's overall export earnings recorded a marginal growth during the July-May period of current fiscal year 2014-15. The export receipts stood at $28.14 billion showing a 2.83 per cent growth during the period though it fell short of target...

Inward remittances set to cross $15b this fiscal

Siddique Islam | 2015-06-09 00:00:00

Bangladesh is set to receive over $15 billion in inward remittance, marking the highest growth ever, by the end of this fiscal year (FY) 2014-15. Officials claim various moves have already begun yielding results in terms of increased flow of...

Cabinet clears deal on four-nation road transit

FE Report | 2015-06-09 00:00:00

The cabinet approved Monday a draft framework agreement on motor-vehicular movement between Bangladesh, Bhutan, India and Nepal (BBIN) for strengthening regional connectivity through such road transit. The transport ministers of the four countries will sign agreement on June 15 in...

Stocktaking of four PPP projects at PMO today

FHM Humayan Kabir | 2015-06-09 00:00:00

The Prime Minister's Office (PMO) sits with the government agencies concerned today (Tuesday) to review the progress made so far on four public-private partnership (PPP) projects that have lost gear, officials said. On the table for the stocktaking will be...

Prayer Timings

2015-06-09 00:00:00

Dhaka Chamber opens office in Gulshan

2015-06-09 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) opened its office in Gulshan Monday to provide smooth services to businessmen who live in the northern part of the city. Commerce Minister Tofail Ahmed formally inaugurated the office at house no. 25,...

150 trafficking victims return from Myanmar

2015-06-09 00:00:00

A total of 150 Bangladeshi human trafficking victims were brought back home from Myanmar Monday after a flag meeting between the border guards of the two countries, report agencies.   They were rescued by Myanmar authorities on May 22 On the...

Govt nod sought to award three deepwater blocks to Statoil

M Azizur Rahman | 2015-06-09 00:00:00

Petrobangla has sought government nod to award three deepwater blocks to Statoil of Norway and ink production-sharing contracts (PSCs) with the Norwegian firm for hydrocarbon exploration in the Bay of Bengal. "We have sent a proposal to the Energy and...

MoF to review SoBs’ loan portfolios next week

FE Report | 2015-06-09 00:00:00

The Ministry of Finance (MoF) is expected to review the loan portfolios of the state-owned banks (SoBs) sometime next week, officials said on Monday. Besides, the progress made in the recovery and disbursement of SME and farm loans, recruitment of...

Graft a serious barrier to BD’s investment growth

FE Report | 2015-06-09 00:00:00

The United States (US) has said Bangladesh offers opportunities for investment but corruption remains a serious impediment to its investment and economic growth. Bangladesh has made gradual progress in reducing some constraints on investment, but inadequate infrastructure, financial constraints, bureaucratic...

Enclaves transfer begins July 31

2015-06-09 00:00:00

Bangladesh and India will start exchanging enclaves from July 31 midnight, chosen as the "appointed date", reports bdnews24.com Before that, there will be a "joint visit" to the enclaves to finalise the process, as set out in the letters the...

Nine militants held in city

FE Report | 2015-06-09 00:00:00

Plainclothes policemen in a joint drive detained nine alleged members of two banned Islamic extremist outfits from the capital's Banasri and Sutrapur areas, police said. They said the detainees were active members of Harkat-ul-Jihad (HuJI) and Ansarullah Bangla Team (ABT),...

Photo: Crescent Jute Mills

2015-06-09 00:00:00

Matia slams Khaleda for ‘no-democracy’ remark to Modi

2015-06-09 00:00:00

Agriculture Minister Matia Chowdhury said on Monday if there is no democracy in the country how BNP chairperson Khaleda Zia could meet Indian Prime Minister Narendra Modi during his Dhaka visit, reports UNB. "You (Khaleda) said there's no democracy in...

Verdict on Hasan Ali today

2015-06-09 00:00:00

The International Crimes Tribunal-1 (ICT-1) is set to deliver its verdict in the war crimes cases against Syed M Hachen alias Hasan Ali of Kishoreganj, who is being tried in absentia, on Tuesday, reports UNB. The three-member tribunal, headed by...

Trust Fund meets $30m target to pay off all victims, families

FE Report | 2015-06-09 00:00:00

Rana Plaza Donors Trust Fund has finally met its target of $30 million, required to compensate all the victims and their families of the industrial tragedy, said a statement of International Labour Organisation (ILO). Rana Plaza Coordination Committee, representing all...

CHT Commission demands quick completion of case

2015-06-09 00:00:00

The International Chit­tagong Hill Tracts (CHT) Commission demanded on Monday the government complete the investigation into Kalpana Chakma abduction case in a free and fair manner, reports UNB. The right body came up with the demand at a press conference...

Suspended mayors Arif, GK Gaus denied bail

2015-06-09 00:00:00

HABIGANJ, June 8 (UNB): A court rejected on Monday the bail petitions of suspended Sylhet City Corporation (SCC) mayor Ariful Haque Chowdhury and suspended Habiganj municipality mayor GK Gaus in a case filed under the Explosive Substances Act in connection...

Order on no-confidence plea on July 08

2015-06-09 00:00:00

NARAYANGANJ, June 8 (UNB): A court fixed on Monday July 8 for order after hearing the naraji (no-confidence) petition in connection with the sensational seven- murder case. Selina Islam Beauty, the widow of slain Narayanganj City Corporation panel mayor Nazrul...

BNP demands release of Feni leader Golap

2015-06-09 00:00:00

Condemning the arrest of its Feni's Fulgazi upazila leader Golam Rasul Majumder alias Golap, BNP demanded on Monday the government release him immediately, reports UNB. In a statement, BNP joint secretary general M Shahjahan said, "BNP, the country's largest political...

Journalist put on three-day remand

2015-06-09 00:00:00

SYLHET, June 8 (UNB): A court placed on Monday local photojournalist Idris Ali on a seven-day remand in connection with the blogger Ananta Bijoy Das murder. Judge of the Metropolitan Cognizance Court-3 Farzana Yesmin passed the order after Inspector of...

BPGMEA for reviewing source tax hike

FE Report | 2015-06-09 00:00:00

The country's plastic goods producers urged the government on Monday to review the proposed hike in source tax on export proceeds for the next fiscal year (FY), 2015-16. The Bangladesh Plastic Goods Manufac-turers and Exporters Association (BPGMEA) leaders made the...

ADB to provide $120m loan for pry education

FE Report | 2015-06-09 00:00:00

The Asian Development Bank (ADB) will provide US$ 120 million as additional funding for a six-year government-led programme to improve the quality and reach of primary education in Bangladesh. Senior Secretary of the Economic Relations Division (ERD) Mohammad Mejbahuddin and...

‘People engaged in human trafficking in name of Umrah to be punished’

FE Report | 2015-06-09 00:00:00

The government will take punitive action against the persons responsible for human trafficking in the name of Umrah Hajj, said the religious affairs minister Principal Motiur Rahman on Monday. The Saudi authorities have stopped issuing Umrah Hajj visa recently as...

Two DGHS officials face graft case

2015-06-09 00:00:00

The Anti-corruption Commission (ACC) is set to file a case against two officials of the Directorate General of Health Service (DGHS) for allegedly misappropriating nearly Tk 1.5 million from a health project, reports UNB. The Commission at its regular meeting...

Joynal made President\\\'s press secy

2015-06-09 00:00:00

Additional Principal Infor-mation Officer M Joynal Abedin has been made press secretary to the President, reports UNB. The Public Administration Ministry issued a notification in this regard on Monday. Mr Joynal, an officer of BCS Information Cadre of 1984 batch,...

HC allows three colleges to hold admission tests

2015-06-09 00:00:00

The High Court (HC) stayed on Monday for six months the admission policy of the Education Ministry that asked colleges to enroll students of higher secondary level on the basis of SSC results, allowing Notre Dame, Holy Cross and St...