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Govt to seek budgetary help from WB as its ED due today

FE Report | 2014-12-09 00:00:00

The government would seek help of a senior World Bank executive for confirming some US$500 million budgetary support as the Bank official will arrive in Dhaka today (Tuesday) for a three-day visit, officials said Monday. Economic Relations Division (ERD) officials...

More dialogue between RMG workers, employers sought

FE Report | 2014-12-09 00:00:00

Speakers at a seminar on Monday stressed the need for more dialogue between workers and employers to achieve the goal of US$50 billion export by the year 2021. Besides relations development, the speakers also emphasised the need for workers' safety,...

Bank robbery bid foiled

2014-12-09 00:00:00

In a twist of fate, a band of robbers had to leave suddenly after they had broken into a branch of the state-owned bank in Moulavibazar Monday, reports bdnews24.com. Apparently, the ill-equipped robbers failed to crack the vault. The branch...

Photo: Two roving national flag vendors

2014-12-09 00:00:00

Photo: Aggrieved students of Rajshahi College blockaded the road

2014-12-09 00:00:00

Higher cost of fund, lack of buyers’ sharing, land scarcity major hurdles

FE Report | 2014-12-09 00:00:00

The country's apparel makers identified on Monday higher cost of fund, absence of buyers' participation, and scarcity of suitable land for factory relocation as the impediments towards remediation of the non-compliant units. They also held higher import duty on safety...

Q1 disbursement of industrial term-loans marks steep rise

Siddique Islam | 2014-12-09 00:00:00

Industrial term loans registered a steep rise in the first quarter (Q1) of this fiscal year (FY) principally due to higher lending on account of import of capital machinery, officials said. The disbursement of such credits increased 44.24 per cent...

Individual taxpayers’ number set to grow by 20pc this FY

Doulot Akter Mala | 2014-12-09 00:00:00

The number of individual taxpayers is set to grow by 20 per cent in the current fiscal year (FY), 2014-15, following the taxmen's increased efforts and monitoring to widen the tax-net. The National Board of Revenue (NBR) has attained an...

Traffic flow in capital hits ‘total blockage’

Munima Sultana | 2014-12-09 00:00:00

Sheer inability of Dhaka to take the mounting load of motorised and non-motorised transports has been mathematically proved in a recent study that indicated the city traffic is facing a "total blockage'.       It has found that the capacity of the...

Minister greets hockey team

2014-12-08 00:00:00

State Minister for Youth and Sports Biren Sikder, MP, greeted the players, officials and coaches of national hockey team for becoming champions in the Junior AHF Cup Hockey Tournament, reports BSS. In a message on Sunday, the state minister also...

BD to take part in Asian eves\\\' V’ball in Nepal

2014-12-08 00:00:00

Bangladesh Women's Volleyball Team will take part in the First South Asian Women's Volleyball Championship to be held at the Nepal National Sports Council in Kathmandu from December 19-23, reports UNB. Bangladesh team, which has been undergoing training at the...

Record-breaking Ronaldo leads Real to new high

2014-12-08 00:00:00

MADRID, Dec 7 (AFP): Cristiano Ronaldo netted a record 23rd hat-trick in La Liga and his 200th goal in the Spanish top flight as Real Madrid equalled a Spanish record of 18 consecutive wins in all competitions with a 3-0...

sports digest

2014-12-08 00:00:00

Younis happy to be back in one-day fold DUBAI, Dec 7: Veteran Pakistan batsman Younis Khan Sunday expressed his delight at being recalled to the one-day team which raised hopes of a final campaign in next year's World Cup being...

Sri Lanka win over England

2014-12-08 00:00:00

COLOMBO, Dec 7 (AFP): Kumar Sangakkara hit 86 as Sri Lanka squeezed past England with six wickets and two balls to spare in the fourth one-day international Sunday to take a 3-1 lead in the seven-match series. James Taylor missed...

‘Political stability, policy backup, road-rail-port expansion a must’

FE Report | 2014-12-08 00:00:00

 Sector-stakeholders and economists at a business summit Sunday suggested timely policy intervention, creating environment for local and foreign investment in road, rail and port capacity building to meet the infrastructure challenges to enable the country to attain the vision of...

Businesses urged to adopt BIAC Model Clause in commercial contracts

2014-12-08 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq said with over 2.7 million cases pending in courts, foreign companies and investors feel discouraged to cut commercial deals with Bangladesh. The government has already made substantive amendments in some of the...

Project set to improve maritime safety, earn foreign currency

FE Report | 2014-12-08 00:00:00

The government has taken up a project to improve safety of maritime transportation, which can help earn Tk 200 million per year, Shipping Minister Shahjahan Khan said Sunday.   To achieve the goal, the government has taken GMDSS project that will...

News Briefs

2014-12-08 00:00:00

CCCI chief for Tk 0.1m loan sans security deposit   CHITTAGONG, Dec 7: Chittagong Chamber of Commerce and Industry president Mahbubul Alam has urged the banks to provide bank loans up to Tk 0.1 million without security deposit for creating new...

Photo: NRB Commercial (NRBC) Bank Limited

2014-12-08 00:00:00

Photo: ADN Telecom Limited

2014-12-08 00:00:00

Photo: Standard Chartered Bangladesh

2014-12-08 00:00:00

Early variety helps cool onion price

Yasir Wardad | 2014-12-08 00:00:00

Pre-season variety of onion has hit the market, helping price of the spice item to decrease, traders said. Newly harvested local onion is now selling at Tk30-32 per kg in the city kitchen markets, thanks to higher production in the...

EC to provide addl Tk 95m aid to help flood-hit people

2014-12-08 00:00:00

The European Commission (EC) has decided to provide an additional 1.0 million euro, equivalent to over Tk 95 million to bring humanitarian assistance to the most vulnerable families affected by the extensive flooding in north-western Bangladesh. This aid comes in...

ILO lauds improvement made in BD RMG sector

2014-12-08 00:00:00

The International Labour Organisation (ILO) in its latest report noted that Bangladesh's readymade garment (RMG) sector showed dynamism in improving workplace safety, reports BSS. Referring to the Rana Plaza tragedy in April 2013, the ILO's Global Wage Report 2014-15, released...

President seeks Bhutan help in connectivity

2014-12-08 00:00:00

President Abdul Hamid has sought Bhutan's support in enhancing connectivity within the South Asian region and beyond for the mutual benefits of the people. The President sought the support when Bhutanese Prime Minister Tshering Tobgay made a courtesy call on...

MoU to launch online micro credit management system signed

2014-12-08 00:00:00

An initiative has been taken to introduce an electronic micro credit management system to make the micro credit services easily available to the rural people. In this connection, a Memorandum of Understanding (MoU) was signed between Access to Information (A2I)...

Photo: Bangladesh Commerce Bank Limited

2014-12-08 00:00:00

Photo: A seminar organised by NRB Bank

2014-12-08 00:00:00

exchange rate

2014-12-08 00:00:00

Bank on \\\'Super Mario\\\' to give Europe a monetary jolt

2014-12-08 00:00:00

FRANKFURT, Dec 7 (Reuters): From his office on the 41st floor of the gleaming new European Central Bank headquarters, Mario Draghi's view stretches far beyond Frankfurt's high-rise financial center and he doesn't like what he sees. The darkening outlook for...