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Interest rate on Treasury Bonds falls sharply

Siddique Islam | 2014-08-20 00:00:00

The interest rate on the Bangladesh Government Treasury Bonds (BGTBs) felt significantly Tuesday, as commercial banks rushed to offer bids in the auction, treasury officials of commercial banks said. The yield, generally known as interest rate, on 10-year BGTBs came...

Islampur, Jamalpur,

2014-08-20 00:00:00

FDI proposals drop 13pc last fiscal

Ziaur Rahman | 2014-08-20 00:00:00

Proposals for joint ventures and cent-percent foreign investment in the country fell about 13 per cent in the last fiscal year from the level a year ago, according to the registrations made with the Board of Investment (BoI). Such downturn...

BNP alliance pushes for govt\\\'s removal, threatens movement

2014-08-20 00:00:00

Leaders of the BNP-led 20-party alliance said Tuesday there is no alternative to unseating it through a fierce and united movement, reports UNB. Addressing a rally at the city's Suhrawardy Udyan, they also demanded of the government to immediately annul...

BD to join BRICS Bank, says Muhith

FE Report | 2014-08-20 00:00:00

Finance Minister AMA Muhith said Bangladesh has decided to join BRICS Bank, an initiative of the world's five emerging economies - Brazil, Russia, India, China and South Africa. "Yes, it's final. We will join the initiative," he told newsmen after...

Mosharraf laid to rest

FE Report | 2014-08-20 00:00:00

Renowned businessman-cum-politician Muhammad Mosharraf Hossain was laid to eternal rest in the capital's Banani Graveyard on Tuesday afternoon. The former BNP lawmaker from Feni-3 constituency breathed his last at a hospital in the city on Monday evening at the age...

6 to die, 7 get life for killing law-enforcers

2014-08-20 00:00:00

BAGERHAT, Aug 19:  A court here Tuesday sentenced six forest robbers to death and seven others to life term imprisonment for killing three law enforcers in the Sundarbans' Bagerhat area in 2006. The condemned convicts-Rafiqul Sheikh, Kuddus Sheikh, Idris Sheikh,...

Biman to use own planes for Hajj

2014-08-20 00:00:00

Biman Bangladesh Airlines will for the first time use its own aircraft only to fly Hajj pilgrims from the country this year. "The first Biman flight with Hajj pilgrims will leave Dhaka at 7am on August 27. Biman will take...

Five Tuba Group units closed

2014-08-20 00:00:00

The Tuba Group authorities have declared their five units closed for an indefinite period under the article 13(1) of the labour law with effect from June 11 last. A notice signed by the Group's Managing Director Delwar Hossain was put...

ECNEC approves Tk 4.24b \\\'Palli Janapad\\\' project for rural people

FE Report | 2014-08-20 00:00:00

The government approved Tuesday a compact township project for the rural people titled 'Palli Janapad' at a cost of Tk 4.24 billion aimed at saving the arable lands and ensuring food security of the country. Presided over by Prime Minister...

Muggers snatch Tk 3m from Akij staffer in city

FE Report | 2014-08-20 00:00:00

Unidentified muggers snatched away Tk 3.0 million from employees of a distributor company of Akij Group in the capital's Mogbazar area Tuesday, police said. Six employees of Juicy and Rizvi Corporations Ltd (JRCL) were also injured, as the miscreants opened...

Govt plans to modernise BR with Tk 1.0 tr investment

Badrul Ahsan | 2014-08-20 00:00:00

The government has initiated short, medium and long-term plans to upgrade the country's railway communication sector through ensuring better services and transport facilities, officials said. Under the initiative, the government will require an investment to the tune of more than...

Hasina thanks Malaysia for legalising BD workers

2014-08-20 00:00:00

Prime Minister Sheikh Hasina Tuesday thanked the government of Malaysia for legalising Bangladeshis working in the Southeast Asian country and taking a decision for recruiting more workers from Bangladesh, reports UNB. The Prime Minister conveyed her thanks when visiting Malaysian...

Canada eager to invest in pharma, IT and energy sectors: Envoy

Our Correspondent | 2014-08-20 00:00:00

CHITTAGONG, Aug 19: Canada is eager to invest in the pharmaceutical, information technology (IT) and energy sectors in Bangladesh as the North American country wants to raise the bilateral trade to two billion US dollars from the current level of...

3 BD workers die in Malaysian span collapse

2014-08-20 00:00:00

Mass Rapid Transit Corporation (MRT Corp), Malaysia confirmed Tuesday the deaths of three Bangladeshi construction workers in a span collapse near Kota Damansara Monday night, reports UNB. The three Bangladeshi workers were trapped under a 650-tonne concrete span that collapsed...

No election before five years: Tofail

2014-08-20 00:00:00

Commerce Minister Tofail Ahmed said Tuesday that the government would not go for any dialogue with the conspirators of grenade attack on August 21 and attempt on the life of Sheikh Hasina, reports BSS. "No election in the country before...

BNP acting secretary general Mirza Fakhrul Islam Alamgir

2014-08-20 00:00:00

Move to hold trial in Ctg sensational cases

2014-08-20 00:00:00

The Chief Justice (CJ) has intervened to clear the way for trials in sensational cases in Chittagong after they got stuck due to stay orders from the High Court (HC). Justice Md Muzammel Hossain has given specific directions for these...

JP to bring back smiles to every face: Ershad

2014-08-20 00:00:00

Chairman of Jatiya Party (JP) and prime minister's special envoy Hussain Mohammad Ershad said if the JP gets the opportunity to run the government, there will be smiles on every face, reports BSS. He said the people of the country...

50 BNP men sent to jail in Lalmonirhat

2014-08-20 00:00:00

LALMANIRHAT, Aug 19 (UNB): A court here sent Monday 50 local leaders and activists of Bangladesh Nationalist Party (BNP) to jail rejecting their bail prayers in several cases filed for murder and subversive activities during the 10th parliamentary elections. There...

SC stays Tarique PS Apu\\\'s HC bail

2014-08-20 00:00:00

The Supreme Court (SC) stayed Tuesday for four weeks the bail granted by the High Court (HC) to Miah Nuruddin Apu, personal secretary (PS) to BNP senior vice-chairman Tarique Rahman, in a case filed for extortion, reports UNB. Chamber Judge...

Maulana Tajuddin in South Africa

2014-08-20 00:00:00

Interpol this morning informed Bangladesh Police that Maulana Tajuddin, one of the key accused in the August 21, 2004 grenade attack cases, is now staying in South Africa, reports BSS. "Interpol Tuesday morning sent us an email informing that Maulana...

JS body asks for restoring stability in RMG sector

FE Report | 2014-08-20 00:00:00

A parliamentary panel Tuesday recommended taking necessary steps to establish stability in the readymade garment sector while another body asked for bolstering frontier patrol with modern watercraft to halt menacing drug smuggling largely done through waterways.         The Parliamentary Standing Committee...

Prime Minister Sheikh Hasina

2014-08-20 00:00:00

Indo-Bangla border convention begins in Delhi today

2014-08-20 00:00:00

A five-day 'border coordination convention' between the Border Guard Bangladesh (BGB) and the Border Security Force (BSF) of India kicks off at the BSF headquarters in New Delhi today (Wednesday), reports UNB. BGB director general Maj Gen Aziz Ahmed will...

3rd Dhaka-Delhi JCC likely in Sept

2014-08-20 00:00:00

The third meeting of the Joint Consultative Commission (JCC) between Bangladesh and India is likely to be held in New Delhi in September, aiming to review the status of relations between the two neighbouring countries, reports UNB. Foreign Minister AH...

Digital Bangladesh now a reality: Nahid

2014-08-20 00:00:00

Education Minister Nurul Islam Nahid said Tuesday digital Bangladesh is not rhetoric, rather it is a reality now, reports BSS. "Most of the common people, including students, teachers and officials, are getting services of digital Bangladesh," he said speaking as...

No clandestine contents in National Broadcasting Policy: PIB DG

2014-08-20 00:00:00

KHULNA, Aug 19 Director General (DG) of Press Institute of Bangladesh (PIB) Md Shah Alamgir in the city told Tuesday the journalists that the national broadcasting policy has no clandestine contents and it has been finalised after discussion with all...

4 fake DB men, 3 robbers held

2014-08-20 00:00:00

Detective Branch (DB) of police in an overnight raid arrested seven people, including four fake DB men, from Jatrabari and Khilgaon areas in the city, reports BSS. Acting on a tip-off, a team of DB police led by Assistant Commissioner...

4 killed in separate accidents in Ctg

2014-08-20 00:00:00

CHITTAGONG, Aug 19 (BSS): Four persons, including a child, were killed in separate accidents in the city and district Tuesday. The victims were Bijoy Shoutal (35), a tea garden worker of Karnaphuli Tea Garden, Mohammad Amir Hossain (40), a worker...