Alhaj Akram Hussain (Humayun) has been elected chairman of Mercantile Bank Limited. Mr Humayun is the Sponsor Director of Mercantile Bank Limited. He is the Chairman and Managing Director of Fars Group of Companies. He is the Founder President of...
CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 73,010,334.33 on the basis of cost price and Tk 73,122,514.14 on the basis of market price...
The fourth edition of the Begum Fazilatunnesa Mujib International Martial Art competition will begin at three venues in the capital tomorrow (Sunday), reports UNB. State Minister for Youth and Sports Biren Sikder will inaugurate the 20-nation meet, organised by the...
Defending runners-up Dhaka Mariner Young's Club notched a 49-18 goals victory over RN Sports Home in a match of the Cute Women's Handball League at the Shaheed Captain M Mansur Ali Handball Stadium in the city Friday, reports UNB. The...
Kamrun Nahar | 2015-06-06 00:00:00
A total of 54 rivers have dried up in Bangladesh due to the water sharing problem with India while the government itself is destroying the most important mangrove forest Sundarbans gradually and the perpetrators are enjoying absolute impunity. The government...
Our Correspondent | 2015-06-06 00:00:00
CHITTAGONG, Jun 5: Pro-vice chancellor of Chittagong University (CU) Prof Iftekhar Uddin Chowdhury has been appointed Vice Chancellor (VC) of the University. President of Bangladesh and Chancellor of the University Advocate Abdul Hamid appointed him as Vice-Chancellor on Tuesday, said...
FE Report | 2015-06-06 00:00:00
The European Union (EU) has released Euro 10.5 million to the primary education sector of Bangladesh under its Sector Budget Support operation. According to a press release of the EU, the amount is the 3rd tranche payment of the Euro...
Wife, along with her brother, knifed her husband to death at their house in Kamalapur Sweeper Colony in the city in the early hours of Friday, reports BSS. Police said they detained victim's wife, who gave a confessional statement during...
Air Vice Marshal Abu Esrar, BBP, ndc, acsc,GD(P) has been appointed as the new chief of Air Staff for the tenure of 3 years from 12 June, 2015 afternoon to 12 June, 2018 afternoon, says an ISPR press release. He...
Bangladesh Telecommunication Regulatory Commission (BTRC) will sign a deal with Election Commission (EC) to use the National Identity Card database server to contain registration and use of mobile phone SIM cards using fake names and identities, said official sources, reports...
The first death anniversary of Mahbubul Alam, former editor of The Independent, will be observed today (Saturday), says a press release. A milad mahfil will be held at The Independent office today (Saturday) to mark his death anniversary. Another milad...
BNP senior leader Dr Abdul Moyeen Khan termed on Friday the new budget for FY 2015-16 'fake one by a fake' government, reports UNB. "Were they people's representative those who placed the budget? They came to power one and a...
FE Report Bangladesh will seek more Indian investment during Indian Prime Minister Narendra Modi's Dhaka visit from today (Saturday) that is expected to provide an update on the entire gamut of bilateral relations. Bangladesh Prime Minister's foreign affairs adviser Dr...
President of Jatiya Samajtantrik Dal (JSD) Hasanul Haq Inu and President of Bangladesh Workers Party Rashed Khan Menon termed on Friday the budget pro-poor and a pillar for the long-term advancement towards economic growth respectively, reports BSS. "The incumbent government...
SIRAJGANJ, June 5 (BSS): Awami League (AL) presidium member and Health and Family Welfare Minister Mohammad Nasim called upon BNP chairperson Begum Khaleda Zia to take part in the national polls of 2019 refraining from the politics of escaping from...
The Communist Party of Bangladesh (CPB) has welcomed Indian Prime Minister Narendra Modi's visit to Bangladesh, beginning on Saturday, reports UNB. In a joint statement on Friday, CPB president Mujahidul Islam Selim and general secretary Syed Abu Jafar Ahmed said...
COX'S BAZAR, June 5 (UNB): Unidentified miscreants shot dead a union parishad member at Debanga village in Maheshkhali upazila on Friday afternoon. The deceased was identified as Mohammad Alamgir (35), son of Forkan Ahmed, and a member of Maheshkhali union...
Jasim Uddin Haroon | 2015-06-06 00:00:00
A day after placing the national budget for the fiscal year (FY) 2015-16 in parliament, Finance Minister AMA Muhith admitted that the revenue- mobilisation target for funding it was 'too high' on the back of poor tax base. But, the...
Red carpet is set to be rolled out as Indian Prime Minister Narendra Modi arrives in Dhaka today (Saturday) on his maiden two-day state visit as the premier, report agencies. Modi is scheduled to arrive at 10.15 am at the...
Paschimbanga Chief Minister Mamata Banerjee arrived in the city Friday night mainly to witness the exchange of documents on Land Boundary Agreement (LBA) ratification between Bangladesh and India, reports UNB. State Minister for Foreign Affairs M Shahriar Alam received Mamata...
FE Report | 2015-06-06 00:00:00
The government has decided to withdraw its proposal to double the import duty on sugar, just a day after its incorporation in the budget for fiscal year (FY) 2015-16. In the budget proposal, specific duties on import of both raw...
FE Report | 2015-06-06 00:00:00
The Centre for Policy Dialogue (CPD) identified mobilising the targeted huge revenue principally from domestic resources as a major challenge for the next budget and also doubted fairness of a few fiscal propositions. "We are not at all concerned about...
The Metropolitan Chamber of Commerce and Industry (MCCI) sees requisite revenue earning to finance the proposed big budget as a major challenge for the government against the backdrop of current target failure. "Since the government could not achieve the revenue...
FE Report | 2015-06-06 00:00:00
The Foreign Investors' Chamber of Commerce and Industry (FICCI) has identified stability of socio-political situation as the main challenge to implement the newly-announced national budget for the next fiscal year (FY), 2015-16. The chamber in a statement on Friday was...
Our Correspondent | 2015-06-06 00:00:00
CHITTAGONG, June 4: The Chittagong Chamber of Commerce and Industry (CCCI) has hailed the proposed budget for the upcoming fiscal year, 2015-16, as pro-people and business-friendly. The trade-body hoped that the budget would make a far-reaching contribution to lessening the...
FE Report | 2015-06-06 00:00:00
Strongly opposing the government's proposal to increase tax at source on export proceeds, the leaders of the country's apparel and textile sectors Friday demanded withdrawal of the same. They apprehend that the rise in tax at source will further slow...
BNP Chairperson and former Prime Minister Khaleda Zia will meet Indian Prime Minister Narendra Modi. Indian Foreign Secretary Dr S Jaishankar confirmed it while briefing media in New Delhi Friday on Modi's visit. The meeting will be held Sunday. The...
COX'S BAZAR, June 5: Police in separate drives arrested four suspected human traffickers, including a woman, from different areas of the district on Friday morning. The arrested were identified as Abdul Jalil,30, son of Shafiqur Rahman, a resident of Madaerbaniya...
In the info-graphics published in the front page of the Friday's issue of FE under the heading 'Budgetary Resources', sub-headings, 'Coming from' and 'Going to' were misplaced due to technical glitch. The inadvertent mistake is regretted.
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