Photo:South Asian Federation of Exchanges (SAFE)

Cattle farmers see silver lining, as India curtails exports

Fall in Indian cattle imports has pushed up domestic prices of animals, which sector people and experts say might encourage farmers and businesses in cattle farming. Economists, livestock experts and farmers said if a comprehensive programme is taken up, it...

Stockholm urges Dhaka to explore immigration opportunities

Bangladesh and Sweden have the potential to increase bilateral trade and investment between the two countries further as the Nordic country has already offered a duty and quota-free market access for all products except arms. "There is scope for expanding...

Govt likely to reopen Mongla, Ghasiakhali channel by June

The government could dredge some 40 per cent of the Mongla-Ghasiakhali river channel in last four months after an oil-tanker sank in the Shela river inside the Sundarbans in December, spilling 350,000 litres of furnace oil, officials said. Some 16...

News Briefs

Citi Bangladesh wins e-solutions award Citi Bangladesh has been named Best Service Provider for E Solutions at the annual Triple A Treasury, Trade and Risk Management Awards for 2015 from The Asset Magazine. The award winning solution that Citi Bangladesh...

Photo: Bangladesh Bank

FBCCI moves to expand renewable energy biz

Experts emphasised forming an effective network of private sector, civil society and public agencies to expedite renewable energy trade, with the focus on providing power to some 37 per cent left-out population.   At a meet held Monday by the apex...

FDI in the cement sector dropped

Inflow of Foreign Dircet Investment (FDI) in the country’s cement sector dropped in last year (2014) to $24.82 million from $39.06 million in 2013, shows latest statistics available with Bangladesh Bank. In 2014, only $0.47 million of total FDI in...

Ansar VDP Bank seeks Tk 500m in budget

Ansar VDP Unnayan Bank, a specialised bank, has sought a budget allocation of Tk 500 million as agro-based industry loan assistance fund, officials said. Managing director of the bank Mohammad Shams-ul Islam sent a letter recently to the senior sectary...

Exchange Rate

Photo: Bangladesh Petroleum Exploration & Production Company Ltd (BAPEX)

Landmark polls in 3 city corporations today

Voting in landmark local elections for three city corporations in Dhaka and Chittagong takes place today (Tuesday) under a close watch by an army of observers, local and foreign.     The people of Dhaka South and North City Corporations will be...

Central bank to take actions against unauthorised money transfer

The central bank plans to take measures to stop the unauthorised transfer of money using the mobile phone banking services across the country. A Bangladesh Bank official said the rules for mobile phone financial services are being breached in through...

All set for CCC polls

CHITTAGONG, Apr 27: All preparations to hold a free, fair and violence-free election have been completed for election to Chittagong City Corporation tomorrow (Tuesday).  A total of 291 candidates are vying for one mayor, 41 ward councillors and 14 reserved...

Cellphone cos for cut in corporate, SIM taxes

Mobile-phone operators on Monday demanded reduction of corporate tax and withdrawal of SIM (subscriber's identity module) tax in the budget for the next fiscal year (FY), 2015-2016, to facilitate growth of the country's telecom sector. At a pre-budget discussion with...

Prayer Timings

Mild tremor jolts country again

A mild earthquake jolted Dhaka and other parts of the country again on Monday. The tremor, measuring 5.3 on the Richter scale, was felt around 6:35 pm. However, there was no immediate report of any damage or casualty, said Dhaka...

BD-US partnership talks from Apr 30

The fourth annual Bangladesh-US partnership dialogue will be held in Dhaka on April 30 and May 1 to advance the robust and growing bilateral relationship and give it a strategic direction. The dialogue between the two countries was initially scheduled...

More budgetary funds for agriculture sought

Economists and experts have sought an increased allocation for agriculture in the 2015-16 national budget because of the sector's crucial role in food security. They said, given props, agriculture will continue to record successes as it did in recent years....

24-hour ban on mobile transactions

The central bank has imposed a 24-hour ban on mobile transactions to ensure a free and fair city corporation polls, officials said. "We've imposed such ban on mobile transaction in line with the Election Commission's advice," a senior official of...

Alliance starts fresh inspection at listed RMG units after quake

Alliance for Bangladesh Worker Safety has started fresh inspection at its listed garment factories following the complaints from the workers immediately after the Saturday's earthquake. The Alliance is mindful of the impacts an earthquake of the magnitude of 7.8 that...

HC asks govt to submit report on quake rescue equipment

The High Court (HC) asked on Monday the government to submit a report on what steps it has taken for procuring necessary equipment for operating rescue operations after any earthquake, reports UNB. An HC bench comprising Justice Qazi Reza-Ul Haque...

Muhith for raising flow of foreign aid

Finance Minister AMA Muhith stressed the need for raising the flow of foreign aid disbursement for enlarging the size of the national budget in keeping with greater demand of the present day. "Our pipeline of aid is too big--it's about...

Photo: Panic-stricken parents protested

Nepal to grant preferential tariff facility for 50 goods

Nepal has agreed to grant preferential tariff facility to 50 Bangladeshi products against Dhaka's duty-free offer to 108 products of the Himalayan nation, sources said. The consensus was reached at a meeting of the technical committees on the Ministries of...

Thailand to assist BD in women empowerment, anti-trafficking

Thailand's Minister for Social Development and Human Security Police General Adul Saengsingkaew has expressed readiness to cooperate with Bangladesh in the areas of women empowerment and preventing human trafficking. He mentioned this when Bangladesh Ambassador to Thailand Saida Muna Tasneem...

Photo: One of the workers

Finish trial of arsonists speedily: PM

Prime Minister (PM) Sheikh Hasina asked the administration and law-enforcement agencies on Monday to finish the trial of arsonists by pressing chargesheet quickly so that they cannot dare commit such heinous crime again, report agencies. "It is not enough to...

\\\'Terrorists\\\' out to ensure pro-AL candidate\\\'s win

CHITTAGONG, Apr 27 (UNB): BNP alleged on Monday that terrorists came from outside are working to ensure the victory of the ruling party-backed mayor candidate in today (Tuesday)'s city corporation election through capturing polling stations and casting fake votes. BNP's...

Govt, EC move to hold blueprint polls: Moudud

BNP alleged on Monday that the government and the Election Commission (EC) with the help of police and RAB are moving towards holding a blueprint city corporations polls today.   "We are participating in the Dhaka City Corporations (South and North)...