Siddique Islam | 2014-12-12 00:00:00
National Bank of Pakistan (NBP) has injected around Tk 4.20 billion (US$54 million) to meet its capital shortfall in line with the Basel-II framework, officials said. The total capital shortfall of the foreign commercial bank stood at more than Tk...
Bank branches need to be increased in accordance with the density of population of the country, Finance Minister Abul Maal Abdul Muhith has said, reports bdnews24.com. "There are 8,500 branches of various banks in the country at the moment. Some...
FE Report | 2014-12-12 00:00:00
Chittagong Customs House will launch its Port Control Unit (PCU) next month in a bid to check smuggling, criminal activities, drug trafficking by using modern technology and a risk management method. The PCU will be launched at the joint initiative...
Syful Islam | 2014-12-12 00:00:00
The government is going to halve duty and other tariffs on coal import in the face of a vacuum created due to Indian ban on coal export to Bangladesh, official sources said. The step is being taken to encourage coal...
LIMA, (Peru) Dec 11 (UNB): Environment and Forest Minister Anwar Hossain called upon the global community, particularly the developed countries, to take the lead in enabling the most climate vulnerable countries like Bangladesh to carry forward the activities on adaptation...
FE Report | 2014-12-12 00:00:00
The Anti Corruption Commission (ACC) approved on Thursday submission of a charge-sheet against seven people including an official of the ministry of finance (MoF) on charges of laundering Tk 13.1 million through electronic fund transfer (EFT). The accused are MoF...
Our Correspondent | 2014-12-12 00:00:00
CHITTAGONG, Dec 11: Dense fog resulted in flight disruption prompting the passengers to demonstrate in the Chittagong Shah Amanat International airport on Thursday. Several hundred stranded passengers of different flights brought out procession inside the airport in the morning as...
FE Report | 2014-12-12 00:00:00
Bangladesh has the image of a developmental welfare state, as reflected in the country's Constitution and in numerous other official documents, but the country has to contend with a serious problem of dysfunctional governance, former caretaker government adviser Prof Wahiduddin...
Germany is going to provide assistance worth 60 million euros to Bangladesh for improving power transmission in the country's western region. The German government through KfW Development Bank will lend its support for the first time in the country's power...
An initiative has been launched to create women freelancers and entrepreneurs in the country. In this connection, a Memorandum of Understanding (MoU) was signed between Access to Information (a2i) Programme of Prime Minister's Office (PMO), Small and Medium Enterprise (SME)...
LIMA, Dec 10 (AFP): Rich countries have pledged more than US$10 billion in climate aid for poor economies, a psychological threshold at UN global warming talks in Lima, according to a tally compiled by the news agency Tuesday. Finance is...
European Union (EU) has expressed its willingness to train the sailors and crew of Bangladesh to make them efficient. EU Delegation chief Pierre Mayaudon expressed the willingness during a meeting with Shipping Minister Shahjahan Khan in the city on Wednesday,...
MUMBAI, Dec 10 (Reuters): Waiting for the right moment to cut interest rates, India's central bank faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low...
PARIS, Dec 10 (AFP): France Wednesday unveiled a controversial package of reforms to energise its crisis-hit economy, including a plan to expand Sunday trading for shops that has sparked outrage in some quarters. The proposed measures also included a plan...
MOSCOW, Dec 10 (AFP): Prime Minister Dmitry Medvedev urged Russians to be patient Wednesday as the ruble plunges due to falling oil prices and Western sanctions over Ukraine, and said the currency was now undervalued. "It's definitely not necessary to...
PARIS, Dec 10 (Reuters): Lower rates of value added tax do not always benefit the poor, the OECD think tank said on Wednesday in a report urging governments instead to consider means-tested and other direct benefits to boost income equality....
After four successive defeats in the Walton Refrigerator Dhaka Metropolis Premier Division Cricket League, defending champions Legends of Rupganj returned o form with a 28-run win over Prime Doleshwar SC in a 10th round match at Khan Saheb Osman Ali...
A disciplinary committee of Bangladesh Cricket Board (BCB) Tuesday night banned Lutfar Rahman Badal, chairman of Premier Division Cricket Club 'Legends of Rupganj', for life from all kinds of cricketing activities for his derogatory remarks against the BCB top brass,...
The Walton Smart TV Victory Day Volleyball Tournament, organised by Bangladesh Volleyball Federation, will begin today (Thursday) at the Dhaka Volleyball Stadium in the city, reports UNB. Defending champions Bangladesh Army will play Border Guard Bangladesh (BGB) in the inaugural...
Eight matches of the Agrani Bank Metropolis First Division Table Tennis (TT) League were decided on the 2nd day at the Shaheed Tajuddin Ahmed Indoor Stadium in the city Wednesday, reports UNB. In the day's matches, Taj TTA beat Promising...
Bangladesh Army maintained winning run in the Victory Day Kabaddi Tournament beating their main rivals Bangladesh Police by 5-4 points in a low scoring keenly-contested match at the Kabaddi Stadium in the city Wednesday, reports UNB. The Army men dominated...
ADELAIDE, Dec 10 (AFP): Captain Michael Clarke defied a back injury and grief over the death of Phillip Hughes to post an inspirational century as Australia took charge of the first Test against India Wednesday. Clarke, who was supported by...
Hafeez to undergo remedial work, test in Chennai LAHORE, Dec 10: Pakistan's suspended all-rounder Mohammad Hafeez will be sent to Chennai in India for remedial work and tests on his bowling action which was declared illegal this week, cricket authorities...
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