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Photo: Participants of 24th Governing Body meeting of MIST

2014-09-05 00:00:00

Financial reporting law being final sans consulting stakeholders

Mohammad Mufazzal | 2014-09-05 00:00:00

Stakeholders, including the securities regulator, expressed their concern as they are still in the dark about the content of the draft Financial Reporting Act (FRA). The draft is already being vetted in the law ministry for shaping it into law....

Graft costs poor nations $1.0t a year: Study

2014-09-05 00:00:00

PARIS, Sept 04 (AFP): Corruption, fraud and money-laundering cost poor countries a total of $1.0 trillion a year, the anti-poverty organization ONE has said in a study released on Wednesday. The group, founded by U2 rock group singer Bono, said...

BB sets green financing targets for banks, NBFIs

FE Report | 2014-09-05 00:00:00

The central bank has set targets for loan disbursement of direct green products for both banks and non-banking financial institutions (NBFIs) for 2015, officials said. Under the targets, the banks, scheduled before 2013, have to disburse 5.0 per cent of...

24-hour CNG fill-in service Oct 1-11

2014-09-05 00:00:00

The government has decided to keep CNG filling stations open round-the -clock between October 1 and 11, report agencies. Road transport minister Obaidul Quader told reporters Thursday that movement of trucks will be regulated on the highways three days before...

US denies plot to oust Hasina

2014-09-05 00:00:00

The US embassy in Dhaka has denied any attempt by American agencies to unseat Prime Minister Sheikh Hasina, reports bdnews24.com. Reacting to a story "Major US operation to oust Hasina" carried by bdnews24.com, the Dhaka embassy spokesperson Monica Shie said...

Normalcy returning as flooding improves

2014-09-05 00:00:00

Water levels at eight river stations monitored by the Flood Forecasting and Warning Centre (FFWC) have marked rise and 71 stations recorded fall, reports BSS. Of the 83 monitored points, water levels at nine river stations were flowing above their...

Photo: Industries Minister Amir Hossain Amu, MP, speaking

2014-09-05 00:00:00

Tokyo sight set on 2 deep-sea ports

FHM Humayan Kabir | 2014-09-05 00:00:00

Tokyo has shown its interest to construct two deep seaports at Matarbari and Kutubdia in the Bay of Bengal, officials said Thursday. Responding to Tokyo's willingness, Prime Minister Sheikh Hasina is likely to request formally her Japanese counterpart Shinzo Abe...

Tender in Nov for MRT in city under $2.7b project

Munima Sultana | 2014-09-05 00:00:00

The first tender will be floated in November to build a depot at Uttara in the city under the US$ 2.7 billion Mass Rapid Transit (MRT) project, officials said. As per the tentative schedule, Dhaka MRT Development (DMRTD) project authorities...

Skilled workforce, low bank interest, adequate gas for industries suggested

FE Report | 2014-09-05 00:00:00

Experts suggested the authorities to pay attention to critical infrastructure development, lowering high bank interest, proper utilization of land, political stability and policy continuity to enhance Bangladesh's competitiveness in the global arena. Political stability and an effective parliament are also...

August inflation slightly down on food price falls

FE Report | 2014-09-05 00:00:00

Overall inflation climbed down slightly to 6.91 per cent in August from 7.04 per cent in the previous month following a price fall of some essential food items, latest official counts showed. Bangladesh Bureau of Statistics (BBS) data, released Thursday...

Revoke draconian media policy, HRW tells govt

FE Report | 2014-09-05 00:00:00

Human Rights Watch urged the Bangladesh government to immediately revoke a new media policy which the New York-based watchdog said imposes draconian restrictions on media freedom. Donors should make it clear to the government that limits on freedom of expression...

Zawahiri launches al-Qaeda in S Asia

2014-09-05 00:00:00

The government is taking the purported message from the al-Qaeda chief announcing the formation of an Indian branch and working in Bangladesh among other countries, report agencies. Speaking in his office Thursday, Asaduzzaman Khan Kamal said, "We've learnt that after...

CSE chairman upbeat on new IPO process

Our Correspondent | 2014-09-05 00:00:00

CHITTAGONG, Sept 4: Chittagong bourse chairman Dr Muhammad Abdul Mazid said on Thursday that introduction of the new IPO (initial public offering) would have a positive impact on the capital market as it would help build investor confidence in the...

Photo: THEY ARE NO LESS: Day-labourers, male and female, working together

2014-09-05 00:00:00

Photo: Students of Champa-Parul Government Primary School at Mirpur staged a rally

2014-09-05 00:00:00

Prayer Timings

2014-09-05 00:00:00

ACC finds no illegal wealth of Aslam

2014-09-05 00:00:00

The inquiry officer of the Anti Corruption Commission (ACC) Thursday submitted his probe report to the Commission on the allegation of illegal wealth accumulation by ruling party MP Aslamul Haque, recommending relieving him from graft charges.      —UNB

6 TV presenters sued over Faruqui killing

2014-09-05 00:00:00

A case was filed with a local court Thursday against six Islamic programme presenters of different TV channels in connection with the killing of 'Channel i' presenter Maulana Nurul Islam Faruqui.     — UNB  

Saifur Rahman\\\'s death anniv being observed

2014-09-05 00:00:00

The 5th death anniversary of former finance minister M Saifur Rahman is being observed in the country today (Friday) through various programmes. On this day in 2009, Saifur Rahman, a seasoned politician who was also the BNP standing committee member,...

Tk 120m gold seized at Ctg airport

2014-09-05 00:00:00

CHITTAGONG, Sept 4: In a big haul of gold recovery, Customs Intelligence officials seized 240 gold bars weighing 28 kg at Shah Amanat International Airport Thursday evening.  white scotch tape.    — UNB  

First Hajj flight from Ctg takes off

2014-09-05 00:00:00

CHITTAGONG, Sept 4:  The first hajj flight from the port city of Chittagong carrying 419 pilgrims to Saudi Arabia took off from Shah Amanat International Airport on Thursday evening. The flight, 'BG-1033', of national flag carrier Biman Bangladesh Airlines departed...

One shot dead in city

2014-09-05 00:00:00

Unidentified miscreants gunned down a youngman and left his father critically wounded in the capital's Khilgaon area Thursday night, police said. The deceased was identified as Sharif Hossain Sayem (23) and his father as Israil Hossain.  a sub-inspector of Khilgaon...

US rises to third in competitiveness table: World Economic Forum

2014-09-04 00:00:00

GENEVA, Sept 3 (AFP) : The United States has risen two notches in the economic competitiveness stakes, the World Economic Forum said Wednesday. "The United States improves its competitiveness position for the second consecutive year, climbing two places to third...

Long-term jobless risks becoming entrenched, warns OECD

2014-09-04 00:00:00

PARIS, Sept 3 (AFP) : Long-term unemployment is becoming entrenched in many countries hit hard by the economic crisis and it will be harder to get these people back to work when recovery takes hold, the OECD warned Wednesday. "Long-term...

News in Brief

2014-09-04 00:00:00

IMF sets $553m loan for Yemen WASHINGTON, Sept 3: The International Monetary Fund on Tuesday approved a $553 million loan for Yemen to help the struggling country stabilize its finances and boost growth. The three-year loan aims to support the...

Dollar hovers at 8-month yen highs in Asia

2014-09-04 00:00:00

TOKYO, Sept 3 (AFP) : The dollar hovered around eight-month highs against the yen in Asia Wednesday, powered by upbeat US manufacturing data, as the Bank of Japan kicked off a two-day policy meeting. In Tokyo the greenback bought 105.06...

Photo: KABUL, Afghanistan : Afghan day-labourers load recyclable cans onto a truck AFP Photo

2014-09-04 00:00:00

Govt revenue from stock trading hits 13-month high

Babul Barman | 2014-09-04 00:00:00

The government received Tk 126.58 million in tax from stock trading in August this year from Dhaka Stock Exchange (DSE), the highest in last 13 months since July 2013. In July 2013, the government bagged Tk 153.02 million in tax...