US Ambassador in Dhaka Dan W Mozena Tuesday called on the brands and buyers to keep up their unprecedented commitment of support to transform Bangladesh's apparel sector reports UNB. "Over the next three and a half years, you can do...
FE Report | 2014-12-10 00:00:00
The government will expand power supply in rural areas in Khulna and Barisal divisions as it approved two separate projects Tuesday to be implemented at a cost of Tk 18.34 billion, officials said. Presided over by Prime Minister Sheikh Hasina,...
LONDON, Dec 9 (Reuters): Brent crude oil hit a fresh five-year low on Tuesday before rebounding to near $67 a barrel, as some buyers emerged in the hope that prices are bottoming following a more than 40 per cent slide...
Munima Sultana | 2014-12-10 00:00:00
The International Finance Corporation (IFC) has planned to expand its newly-launched small credit facility for readymade garment (RMG) factories, not covered by Accord and Alliance as it continued discussion with 10 more brands in line with the IFC product to...
M Azizur Rahman | 2014-12-10 00:00:00
The joint venture (JV) of US oil and gas giant ConocoPhillips and Norwegian Statoil has agreed to ink production-sharing contract (PSC) for two deep water blocks, instead of chosen three, in line with a government decision, a top official said...
FE Report | 2014-12-10 00:00:00
Allegations of dodging settlement of insurance claims and payment of tax are likely to come under a close scrutiny by a parliamentary body as it sits today (Wednesday)for a remedy. The Parliamentary Standing Committee on the Ministry of Finance (MoF)...
Monira Munni | 2014-12-10 00:00:00
A three-day summit meet of Bangladesh apparel-makers with the industry's international clientele concluded in Dhaka Tuesday, identifying the prevailing challenges and opportunities for attaining a $50 billion export goal, organisers and participants said. The apex body of the country’s readymade...
Shamsul Huq Zahid | 2014-12-10 00:00:00
A couple of days back the members of the Rapid Action Battalion (RAB)-3 detected the presence of an unauthorized orthopaedic 'clinic' in city's Agargaon area. All the doctors and medical technicians of the said clinic, housed in a residential building,...
FE Report | 2014-12-10 00:00:00
The point-to-point inflation in the country has seen a downward trend since July last due to a decline in prices of food and some non-food items, Bangladesh Bureau of Statistics (BBS) data has revealed. The inflation was recorded at 6.21...
An oil-tanker carrying 350,000 litres of furnace oil sank in a Sundarbans river after it was hit by a cargo vessel Tuesday. Mongla Coast Guard's Contingent Commander (West Zone) Captain Mehedi Masud said that the 'OT Southern Star 7' was...
Customs Intelligence officials on Wednesday seized another big consignment of gold brought to Hazrat Shahjalal (R) International Airport by an unidentified passenger of a foreign airlines apparently with the motive to smuggle to precious metal to India via Bangladesh. The...
The authorities have suspended all traffic on the key Shimulia-Kewrakandi waterways due to dense fog. It has left thousands stranded and snapped Dhaka’s road communications with 21 south-western districts. Low visibility caused by thick fog has been hampering ferry services...
The government officials, who had a meeting with BNP Chairperson Khaleda Zia, have been identified, State Minister for Public Administration Ismat Ara Sadek has said. Speaking to reporters on Tuesday, she said intelligence agencies spotted the public servants, who will...
Some miscreants tortured a sexagenarian man to death and dumped the body in a Kashban in Uttara in the city at some times between Monday night and Tuesday. Local people found the body, bearing multiple injury marks, and informed police....
A gang of identified local miscreants killed a man and injured five other people for land at Kapashpara village in Naria Upazila in Shariatpur on Monday. The dead is Fazlul Haque Ojha of the village. Locals said Mannan Sarder, a...
The driver of a bus that plunged into a ditch killing three female students of Rajshahi Government College, was arrested in Rajshahi city on Tuesday evening. Being tipped off, a team of Matihar Police Station conducted a drive at Battala...
Asian stocks were mostly lower on Wednesday as data from both China and Japan pointed to continued weakness in the world’s 2nd and 3rd-largest economies. KEEPING SCORE: Japan’s benchmark Nikkei 225 slipped 1.6 per cent to 17,530.39 after a government...
New York rolled out the red carpet for Royal couple – Prince William and Kate. The British royals capped their whirlwind tour of the Big Apple at a gala at the Metropolitan Museum of Art after visiting the September 11...
Country's first Catholic university Notre Dame University Bangladesh (NDUB) has begun its journey by kick-starting academic activities on the campus in the city. Approved by the government on April 29 last year, the NDUB has formally begun its academic activities...
A train engine swerved off the track onto the platform of Chittagong Railway Station on Wednesday morning during replacement of compartments. However, none was injured. Mafizur Rahman, additional chief engineer (Bridges) at the railway station, said the engine along with...
A truck driver and his helper were killed in a head-on collision between two trucks in Sutang area in Habiganj Sadar Upazila on Wednesday morning. The deceased were identified as truck driver Abu Bakkar, 42, and his helper Rakib Hasan...
FE Online Report | 2014-12-10 00:00:00
The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) increased in early hours of trading on Wednesday, maintaining the previous session’s upward trend. DSEX, the prime index of the DSE, went up...
Ferry services on the Paturia-Daulatdia route in Padma River resumed after 12-and-half-hour’s disruption caused by dense fog on Wednesday morning. Bidyut Kumar Saha, manager of Bangladesh Inland Water Transport Corporation (BIWTC) at Aricha Ghat, said they kept suspended ferry services...
The High Court has ordered a change in the probe committee formed to investigate the Narayanganj 7-murder. Additional Secretary of Ministry of Public Administration Md Abdul Hakim has been appointed the committee’s new chief. Narayanganj City Corporation’s Ward 2 councillor...
Interview for admission into the 1st year honours courses under 'B' unit of Islamic University (IU) for the session 2014-2015 will be held on December 11 and December 15. The viva of ‘B’ unit merit list 1 to 45 from...
Vice-Chancellor (VC) of Begum Rokeya University, Rangpur (BRUR), Prof Dr AKM Nurun Nabi has urged the men to stand beside the females in their struggles for establishing women’s equal rights. ‘The women have to struggle at their own in establishing...
Thick fog and cold spell partially paralysed the life in Chittagong and its adjacent areas with massive disruption of air, water and road communications causing untold sufferings to thousands of people. Jaker Hossain, Secretary of Chittagong Port Authority (CPA) said...
The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains in technology and energy shares. The index managed to nearly erase a 1.3 per cent decline from earlier in the...
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