FE Report | 2014-07-07 00:00:00
The government dissolved Sunday the board of directors of the scam-stricken BASIC Bank and appointed Alauddin A Majid as its new chairman to replace Sheikh Abdul Hye Bacchu, who made an unceremonious exit. Officials said the bank and financial institutions...
The Cabinet Economic Affairs Committee approved 'in principle' Sunday an offer of the Malaysian government to construct 8,400 residential flats for the Rajdhani Unnayan Kartripakkha (Rajuk), the capital development authority, reports UNB. The committee at a meeting with Finance Minister...
Siddique Islam | 2014-07-07 00:00:00
Country's overall imports grew by nearly 15 per cent in the first 11 months of the just concluded fiscal year (FY) 2013-14, thanks to a big (125.84 per cent) jump in import of food grains during the period, officials said....
Doulot Akter Mala | 2014-07-07 00:00:00
Lengthy procedures of tax compliances coupled with higher cost and unofficial payments create a web of barriers to bringing businesses onto the tax-net in Bangladesh, an IFC study reveals. On an average, 339 days are required for resolving tax disputes...
Syful Islam | 2014-07-07 00:00:00
The Bangladesh Inland Water Transport Authority (BIWTA) is going to procure 20 more dredgers without any need assessment, official sources said. The move to collect a number of dredgers at a time under one project has raised questions among the...
Customs officials and Armed Police Battalion (APBn), in two separate drives arrested two persons, with 7.6 kg of gold worth about Tk 38.2 million (3.82 crore) at the Hazrat Shahjalal (R) International Airport (HSIA) in the city Sunday. Assistant Commissioner...
Gazipur, July 6: A fire broke out at the Islami Bank Bangladesh Limited (IBBL) Mawna Chourasta branch in Shreepur upazila of Gazipur Sunday, burning down some of its furniture and windowpanes. Fire service officials said the fire had originated from...
Chinese shares were lower in morning trade Monday as investors awaited the release of June economic figures later this week, dealers said. The benchmark Shanghai Composite Index slipped 0.16 per cent, or 3.35 points, to 2,056.03. The Shenzhen Composite Index,...
Tokyo stocks opened almost flat on Monday as investors waited for Wall Street to return to action after an extended weekend. The Nikkei 225 index, which ended last week at its highest level since late January, slipped 3.64 points, or...
Hong Kong stocks opened 0.15 per cent higher on Monday ahead of the release of key Chinese economic data later in the week. The benchmark Hang Seng Index added 35.04 points to 23,581.40, according to AFP.
Spanish free wifi provider Let’s Gowex revealed on Sunday its accounts have been falsified for at least four years and said it is filing for bankruptcy protection. Gowex, which offers wifi services in world capitals including Paris and New York,...
The prices of most of the shares in South Korea’s capital markets witnessed negative trend on Monday. Seoul stocks were 0.41 per cent down when the trading closed, according to AFP.
The prices of most of the shares in Australia’s stock markets witnessed downward trend on Monday. Sydney shed 0.11 per cent when the session closed in the afternoon (local time), according to AFP.
The legal, humanitarian and political constraints facing the Obama administration as it copes with thousands of Central American children entering the country illegally came into sharp focus in a series of interviews on Sunday. A George W Bush-era law to...
About three weeks ahead of Eid-ul-Fitr, the greatest religious festival of the Muslims, a slew of measures have been announced by the shipping ministry to facilitate the movement of home-bound across the country. They include withdrawal of tolls from three...
Bangladesh’s border watchdog has seized a Myanmar trawler with 170,000 pieces of Yaba tablets at Teknaf in Cox's Bazar district. A BGB patrol carried out the operation on Sunday afternoon at Naf River’s outfall in Shah Parir Dwip. The border...
Miscreants abducted four people from Bengamara in Matiranga upazila of Khagrachhari district on Sunday night. The victims could not be identified immediately. However, police and local sources said all the victims were construction workers, including a bulldozer driver. They were...
Nigeria is not backing down after sacking its entire national football federation leadership, ignoring a FIFA directive, and moving closer to a ban from international matches for the reigning African champions. A weekend meeting of football and government officials in...
Britain's Conservative-led government on Monday promised to rebalance a ‘London-focused’ economy if it is re-elected in 2015, setting decentralisation as a key battleground in the run-up to the vote. The coalition has been accused of ruling for the benefit of...
It looks like any other American farmer's market. Buyers sniff the wares, test weights and compare, while vendors tout their product. But the only produce on offer is cannabis -- organic, of course. ‘We have lollipops for $7, chocolate bars...
BNP acting Secretary General Mirza Fakhrul Islam Alamgir has strongly condemned the incident where miscreants ‘in the guise of law enforcers’ attempted to pick up Dhaka Reports’ Unity (DRU) president Shaheed Chowdhury from the capital’s Bijoy Sharani on Sunday evening....
They did it last year. They have done it again. The holy month of Ramzan once again saw friends turned foes Salman Khan and Shah Rukh Khan hug each other at MLA Baba Siddique’s annual Iftaar party, hosted at Mumbai’s...
The dollar held up in Asia on Monday after rallying on strong jobs data last week, as investors waited for minutes of the most recent meeting of Federal Reserve policymakers. The greenback bought 102.15 yen in Tokyo midday compared with...
Oil prices were mixed in Asia on Monday as dealers weigh easing concerns about the jihadist insurgency in Iraq with upbeat sentiment about US demand following strong jobs data, analysts said. US benchmark West Texas Intermediate for August delivery eased...
Indonesians vote Wednesday in the country’s most pivotal presidential election since the downfall of dictator Suharto, with Jakarta governor Joko Widodo and an ex-general with a chequered human rights record in a tight race. Voters face a stark choice between...
Detective Branch (DB) of police arrested an alleged terrorist along with a firearms at Savar on Sunday evening. The arrestee was identified as Saidul Islam, 30, a resident of Dupdia village of Pangsha Upazila of Rajbari district. Tipped off, a...
A young boy was killed when he was run over by a passenger coach at Nowapara bus stand on Dhaka-Gopalganj highway in Bhanga upazilla in Faridpur district yesterday. Police said, the deceased was identified as Sohag, 16 son of Torab...
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