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Photo: National Housing Finance And Investments Limited

2015-05-14 00:00:00

Muhith for budget deficit at \\\'safe\\\' level

FE Report | 2015-05-14 00:00:00

Finance Minister AMA Muhith wants to keep, as usual, the level of deficit in the next national budget within 5.0 per cent of the GDP.   But some economists said they would not mind if the deficit widened by another one...

S&P repeats sovereign ratings on BD

FE Report | 2015-05-14 00:00:00

Global rating agency, the Standard & Poor's (S&P), has affirmed its 'BB-' long-term and 'B' short-term sovereign credit ratings on Bangladesh with a stable outlook for the sixth consecutive year. The stable outlook balances healthy growth prospects and an improving...

Water transit offers immense Indo-BD trade opportunities

FE Report | 2015-05-14 00:00:00

The Protocol on Inland Water Transit and Trade (PIWTT) between Bangladesh and India offers enormous opportunity for faster growth of bilateral trade which remained almost untapped, experts said. They stressed joint dredging of the drying-up river channels, if needed with...

Points, counterpoints: Fiscal sops afresh for real estate sector?

Shahiduzzaman Khan | 2015-05-14 00:00:00

The realtors have again sought restoration of a provision in the tax law that allows people to invest undeclared incomes in real estates without any question being raised by the tax authorities about their sources of funds. They demanded that...

New pay scale from July

FE Report | 2015-05-14 00:00:00

The secretary committee submitted on Wednesday its recommendations on proposed national pay scale suggesting maximum basic salary at Tk 75,000 and minimum salary at Tk 8,250 for public servants. The secretary committee on 8th National Pay and Services Commission recommended...

Assailants kill engineer’s wife, uncle in city

FE Report | 2015-05-14 00:00:00

Assailants killed a housewife and her maternal uncle-in-law in a flat in the capital's Pallabi area in broad daylight Wednesday, police said. Two suspects, including the caretaker of the multistoried apartment house, were picked up by the police for interrogation...

Prayer Timings

2015-05-14 00:00:00

Photo: A Malaysian Navy guard standing while a truck carrying Rohingya migrants

2015-05-14 00:00:00

Bhashani Univ closed after one killed in clash

2015-05-14 00:00:00

A student of Maulana Bhashani Science and Technology University in Tangail has been killed in a clash between two Bangladesh Chhatra League (BCL) factions. The authorities announced closure of the university for an indefinite period after the clash over dominance...

Trade gap widens as import bill tips the balance

Asjadul Kibria | 2015-05-14 00:00:00

Despite widening trade deficit and negative current-account balance, country's balance-of-payments (BOP) position is still in some comfort zone. Nine-month data for the current fiscal year (FY) 2014-15, released by the central bank Wednesday, show that merchandise trade gap in the...

Move to produce quarterly labour market survey termed ambitious

FE Report | 2015-05-14 00:00:00

Experts and senior statisticians termed Wednesday the move for producing quarterly labour market survey as an 'ambitious'  programme as the country's national statistical organisation has limited capacity. They also said production of demand side data on job market will appear...

BD lists 300 traffickers for action

2015-05-14 00:00:00

Bangladesh has intensified a crackdown to nab traffickers amid detention of illegal migrants by Southeast Asian countries like Malaysia, Thailand and Indonesia, report agencies. The law enforcers in Bangladesh have been handed a list of 300 traffickers prepared by the...

Air Force chopper crashes in Ctg

Our Correspondent | 2015-05-14 00:00:00

CHITTAGONG, May 13: A trainer helicopter of Bangladesh Air Force crashed on a paddy field off the runway of Chittagong Int’l Airport Wednesday, leaving three injured. The accident occurred as the MIA 17-410 had lost control at around 11.06 am...

Oil prices will not be reduced soon: Muhith

FE Report | 2015-05-14 00:00:00

Finance Minister AMA Muhith said Wednesday prices of petroleum products would not be reduced so soon though global oil rates have hit rock bottom. "I won't agree to take any action on petroleum prices until we could assess where we...

Photo: People thronged the residence of a DESCO engineer

2015-05-14 00:00:00

Family seeks govt help to bring back Salahuddin

2015-05-14 00:00:00

BNP leader Salahuddin Ahmed's family has sought the government's help to bring him back from India, report agencies. "We have always sought the government's help. Nothing is possible without the government's cooperation," wife Hasina Ahmed told the media at her...

Construct 3rd terminal for Dhaka airport: PM

2015-05-14 00:00:00

Prime Minister Sheikh Hasina Wednesday directed the authorities concerned to go ahead with constructing the third terminal for the Hazrat Shahjalal International Airport (HSIA) as soon as possible to handle the mounting pressure of passengers, reports UNB. The Prime Minister...

All budgetary allocations will now be disbursed within two months

FE Report | 2015-05-14 00:00:00

All budgetary allocations will, from now on, be disbursed within the month of August to pace up public works, Finance Minister AMA Muhith told lawmakers. At a pre-budget discussion on Tuesday night, the MPs complained to the minister that most...

Photo: A view of the MI-17 helicopter of Bangladesh Air Force (BAF)

2015-05-14 00:00:00

Gonojagoron’s rally in Sylhet tomorrow

2015-05-14 00:00:00

Gonojagoron Mancha's Sylhet unit has called for a rally tomorrow (Friday) to protest the killing of its activist blogger Ananta Bijoy Das, reports bdnews24.com. Mancha's local unit chief Debashish Debu announced a half-day shutdown for Wednesday in Sylhet  minutes after...

Some cops doing excesses: Khaleda

2015-05-14 00:00:00

BNP chairperson Khaleda Zia said on Tuesday a section of the members of the police is doing 'excesses' and warned that dire consequences await them, reports UNB. "I won't accuse all police members. But, some of them are sucking the...

Bloggers’ killing a blow to free speech: HRW

2015-05-14 00:00:00

The killing of secular blogger Ananta Bijoy Das in Sylhet is part of an alarming trend of violent intolerance toward freedom of religion and speech in Bangladesh, said Human Rights Watch (HRW). This was the third fatal attack on bloggers...

US, France slate Ananta murder

2015-05-14 00:00:00

The US and France condemned the brutal murder of blogger Ananta Bijoy Das, reports bdnews24.com. The two countries also called on Bangladesh authorities to bring the perpetrators to justice. Both Washington and Paris conveyed condolences to his family and friends....

Salahuddin went into hiding at Khaleda\\\'s directive: Suranjit

2015-05-14 00:00:00

Awami League (AL) advisory council member Suranjit Sengupta said on Wednesday Salahuddin Ahmed went into hiding at the directive of BNP Chairperson Khaleda Zia, reports BSS. "Khaleda Zia wanted to carry out massive firebomb attacks and to create anarchy on...

Ananta murder govt\\\'s failure: Zafar Iqbal

2015-05-14 00:00:00

SYLHET, May 13 (UNB):  Condemning the killing of blogger Ananta Bijoy, noted writer and teacher of Shahjalal University of Science and Technology Prof Dr Muhammed Zafar Iqbal said on Wednesday it is the failure of the government that it could...

HC turns down bail pleas of Destiny MD, Chairman

2015-05-14 00:00:00

The High Court (HC) Wednesday rejected the bail petitions of Destiny Group chairman Mohammad Hossain and managing director Rafiqul Amin, now in jail, in two money-laundering cases filed by the Anti Corruption Commission (ACC). An HC bench comprising Justice Mainul...

Ministers visit WASA canals after recovery

2015-05-14 00:00:00

Three ministers and a state minister recently visited canals run by Dhaka WASA at Ramchandrapur and Kalyanpur in the city. Housing and Public Works Minister Engr. Mosharraf Hossain, Shipping Minister Shajahan Khan, Land Minister Shamsur Rahman Sharif and State Minister...

TIB’s Iftekhar gets WB GPSA award

FE Report | 2015-05-14 00:00:00

Transparency International Bangladesh (TIB) executive director Iftekharuzzaman has been named for the Global Partnership for Social Accountability (GPSA) award by the World Bank (WB) for his outstanding contribution in creating public demand for transparency and good governance. Apart from Mr...

DPDC cuts power supply to pvt hospital over bill default

FE Report | 2015-05-14 00:00:00

Dhaka Power Distribution Company Limited (DPDC) disconnected electricity connection to the Brighton Hospital and Diagnostic Centre in the city's Hatirpool area on Tuesday for its default on payment of Tk 6.47 million in bills. A press release issued by the...