Munima Sultana | 2014-07-01 00:00:00
The much-vaunted digital licensing system of the Bangladesh Road Transport Authority (BRTA) was apparently yielding little effect as the licences were being left in wrong hands in many cases, sources said. Awarding genuine driving licences to unskilled people without following...
FE Report | 2014-07-01 00:00:00
The central bank purchased a record amount of $5.15 billion from the commercial banks directly in the just concluded fiscal year (FY) 2013-14 to keep the inter-bank foreign exchange (forex) market stable, officials said Monday. The amount was the highest...
India's Prime Minister Narendra Modi has asked its space community to develop a 'SAARC satellite' in his yet another move to come closer to neighbours, reports bdnews24.com. "Today, I ask our Space community, to take up the challenge, of developing...
FE Report | 2014-07-01 00:00:00
The Sonali Bank Limited (SBL) filed on Monday another case against owners of the Hall-Mark Group to recover about Tk 136.2 million, allegedly embezzled by one of the entities of the group. SBL executive officer Md Abdus Salam filed the...
FE Report | 2014-07-01 00:00:00
Country's stock exchanges are getting hooked onto a wide-cast tax net as the bourse would have pay taxes on their annual incomes from next fiscal year, after enjoying waiver facility thus far. According to an order of the revenue board...
Bangladesh Bank (BB) has decided to release new bank notes before Eid to meet the growing demand for currencies ahead of the festival, reports bdnews24.com. Apart from that the central bank will also supply notes and coins of smaller denominators...
Jasim Uddin Haroon | 2014-07-01 00:00:00
Industrial activities in the five proposed economic zones (EZs) seem to be far off as the site-development works are moving at a very slow pace, sources in the know about the developments involving the EZs said. Earlier, the governing body...
Yasir Wardad | 2014-07-01 00:00:00
The iftar outlets in the capital, especially at Chawkbazar, saw a heavy rush on the first day of holy Ramadan on Monday. Chawkbazar is the most famous and biggest market for traditional iftar items in the Old Dhaka, Like the...
FE Report | 2014-07-01 00:00:00
Higher education in the country's private universities has become risky because of corruption and irregularities at every stage of the educational system, according to a study of Transparency International Bangladesh (TIB). Findings of a study titled "Private University's challenge of...
Monira Munni | 2014-07-01 00:00:00
With the latest deadline now well over, Bangladesh might face question at the review meeting on the progress in fulfilling terms of the GSP-related Sustainability Compact due to failure in recruiting additional 200 inspectors for garment factories within the extended...
FE Report | 2014-07-01 00:00:00
The cabinet approved Monday a draft law for the control of a menacing spread of use of formalin, even in foodstuffs, with provisions of life-term imprisonment as maximum and seven years' jail as minimum punishment for illegal dealing in the...
Dhaka police have rejected allegations that they were bribed to kill two men in the city. Two suspected muggers were killed in an alleged encounter at Motijheel on Sunday. Police said the two were marked criminals but their families claim...
The Prime Minister's Office (PMO) has instructed all ministries, divisions and agencies to update their websites. A directive was sent from the PMO to the officials of 55 ministries, divisions and agencies to this effect. The PMO directive said websites...
Extra-time goals by Andre Schuerrle and Mesut Ozil sealed Germany’s 2-1 win over Algeria in Monday’s last 16 clash to put the three-time winners into the World Cup quarter-finals. The victory at Porto Alegre’s Beira-Rio Stadium was Germany’s first over...
Tokyo stocks were slightly lower in opening trade on Tuesday with the yen remaining strong and the Bank of Japan's business sentiment survey showing the first downturn in six quarters. The Nikkei 225 index was down 0.05 per cent, or...
Nigerian coach Stephen Keshi hit out at American referee Mark Geiger after his side lost 0--2 to France in the World Cup last 16 in Brasilia, Brazil, on Monday. ‘The referee is a human being and is bound to make...
Wall Street stocks on Monday turned in a mixed performance to close a strong second quarter after US pending home sales jumped but automaker General Motors announced another massive auto recall. The Dow Jones Industrial Average lost 25.24 points (0.15...
Europe’s main stock markets wavered on Monday after weak inflation figures raised fears about the health of the eurozone ahead of a stream of key US data due this week. London’s benchmark FTSE 100 index ended down 0.20 percent at...
The prices of most of the shares in Australian capital markets witnessed positive trend on Tuesday. Sydney stocks were up 0.21 per cent at the end of trading, according to AFP.
The prices of most of the shares in South Korea’s stock markets witnessed downward trend on Tuesday. Seoul shares were 0.51 per cent lower at close, according to AFP.
Tokyo stocks climbed 1.35 per cent on Tuesday morning, helped by a weaker yen and a central bank survey that indicated Japanese firms plan a healthy increase capital spending. The benchmark Nikkei 225 index added 204.41 points to 15,366.51 by...
Senior Awami League leader Suranjit Sengupta has urged politicians to maintain good relations with journalists and talk to them judiciously instead of issuing threats. ‘The relation between journalists and politicians is not of arrogance. They’re complementary to each other. A...
A Japanese golf course operator said Monday it is planning a public listing in Singapore, aiming to raise up to Sg$782 million ($626 million) through an initial public offering. Accordia Golf Trust (AG Trust) said in a preliminary prospectus lodged...
Chinese manufacturing activity expanded at its fastest pace this year in June, an official survey showed on Tuesday, in a sign that Beijing’s attempts to tackle slowing growth in the world’s number two economy are gaining traction. The official purchasing...
Seven people were killed and 19 others injured in a bus accident on Jessore-Benapole Highway at Jhikargachha Upazila in Jessore district on Tuesday. One of the deceased was Asaduzzaman, 27, a resident of Demra area in Dhaka city, while identities...
There will be no public transactions at the scheduled banks on Tuesday (July 1), the first day of fiscal year 2014-2015. Stock markets will also remain closed on the day, official sources said, according to a news agency.
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