As the Eid-ul-Fitr is coming nearer, we are witnessing a nagging traffic jam in Dhaka city. With each passing day, traffic jam will be acuter and severer. A few days back I was passing through Gulshan area and to my...
Masum Billah | 2014-07-18 00:00:00
South African author and 'crusader for equality', Nadine Sylvia Gordimer passed away peacefully in her sleep on July 13, 2014, at her home in Johannesburg at 90 years of age. The country's ruling African National Congress (ANC) praised her as...
FE Report | 2014-07-18 00:00:00
Finance Minister AMA Muhith on Thursday said the Financial Reporting Act (FRA) will serve the country's financial sector by containing window-dressed reporting. The minister said this at a meeting held with the representatives of the Institute of Cost and Management...
FE Report | 2014-07-18 00:00:00
Stocks finished flat Thursday amid choppy trading, as late hours selling pressure wiped off most of the early gains. The initial upbeat market soon yielded to a flat end after drawing a wavering pattern in the prime index chart. DSEX,...
FE Report | 2014-07-18 00:00:00
Mobile handset -'OK Mobile'- made by a local manufacturer was launched Thursday for the first time in the country. Primarily two types of handsets, especially low-end feature phone and smartphone, will be available in the market, said the organisers at...
Emerson Network Power, a business of Emerson, and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, Thursday announced that it has appointed Computer Source Ltd. as a distributor for its range of uninterruptible power supply (UPS)and...
Prime Finance Asset discloses NAVs Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial First...
LONDON, July 17 (Reuters): A tightening of Western sanctions on Russia rattled world markets on Thursday, sending Moscow stocks and the rouble tumbling and lifting traditional safe-haven currencies and bonds. The new US sanctions announced late on Wednesday effectively shut...
MUMBAI, July 17 (Reuters): The Nifty rose for a third straight session on Thursday as lenders such as Kotak Mahindra Bank extended gains on upbeat sentiment as the Reserve Bank of India (RBI) exempted long-term bonds for the infrastructure sector...
LONDON, July 17 (AFP): US cable giant Liberty Global said on Thursday it has bought a 6.4-per cent stake in ITV, Britain's largest free-to-air commercial television broadcaster, from BSkyB for £481 million ($824 million, 610 million euros). Colorado-based Liberty Global,...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on July 16, 2014, said a...
BNP chairperson Khaleda Zia Thursday stressed the need for forging a national consensus to take the country forward through holding a fresh election under a non-party caretaker government, reports UNB. "We want to work together and restore peace. We all...
The Parliamentary Standing Committee on Law Ministry Thursday suggested the government to reduce backlog of cases across the country using the techniques the Mymensingh District Judge has applied for the speedy disposal of 50,000 cases, reports UNB. It also recommended...
FE Report | 2014-07-18 00:00:00
The Anti Corruption Commission (ACC) approved Thursday a charge sheet against 30 people, including 11 officials from Prime Bank Limited, on allegation of embezzling around Tk 926 million from the bank. A regular meeting of the commission approved the charge...
FE Report | 2014-07-18 00:00:00
Shipping Minister Shahjahan Khan Thursday said the government will provide Tk 100,000 for each dead launch accident victim. The government had provided Tk 10,000 for each dead launch accident victim, which was later increased to Tk 30,000. Tk 45,000 was...
BNP chairperson Khaleda Zia goes to Saudi Arabia tomorrow (Saturday) to perform Umrah at the invitation of the Saudi government. The BNP chief is scheduled to fly from Hazrat Shahjalal International Airport in a flight of Emirates Airlines Saturday evening,...
The University Grants Commission (UGC) has allocated Tk 3.0 billion from its Academic Innovation Fund (AIF) to public and private universities for setting up quality assurance (QA) cells, reports UNB. UGC chairman Prof AK Azad Chowdhury revealed this at the...
A meeting of the Awami League (AL)-led 14-party alliance will be held today (Friday), reports UNB. The meeting will begin at 11.00 am at the party president Sheikh Hasina's political office at Dhanmondi in the city, said a press release...
The government appointed Thursday Saida Muna Tasneem, currently serving as Director General in the Ministry of Foreign Affairs, as the new Ambassador of Bangladesh to the Kingdom of Thailand, reports UNB. In her diplomatic career, Tasneem served in Bangladesh Permanent...
FE Report | 2014-07-18 00:00:00
The government have decided to disburse salaries and pensions for the current month to the non-gazetted employees of government offices and non- commissioned officers and personnel of the defence forces on July 22. The employees of government, semi- government and...
BNP leader Mahtab Uddin Chowdhury Minar, the prime accused in the murder case of Fulgazi Upazila Parishad chairman and Awami League (AL) leader Ekramul Haque, was freed from jail on bail Thursday. He walked out of District Jail at around...
Prime Minister (PM) Sheikh Hasina stressed Thursday the need for undertaking a master plan in each upazila to ensure planned urbanisation and thus render better services to people, reports UNB. "My directives are already there to provide much better services...
FE Report | 2014-07-18 00:00:00
Housing and Public Works Minister Mosharraf Hossain said Thursday the river Buriganga has turned into a dustbin due to lack of proper planning. He also informed that dredging work will be carried out to bring back the navigability of several...
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