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No black money whitening opportunity from next fiscal

2014-06-07 00:00:00

FE Report Finance Minister AMA Muhith said Friday the government would not offer any  black money whitening opportunity from the upcoming fiscal year (FY). He made the comment while replying to a query from the press at a post-budget press...

FBCCI sees risks on energy, governance, political fronts

FE Report | 2014-06-07 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) termed Friday the proposed budget for the fiscal year (FY) 2014-15 industry and investment-friendly while saying that its implementation would remain a big challenge. "The size of the budget is...

CPD finds 7.3pc growth target unattainable

FE Report | 2014-06-07 00:00:00

The local think tank Centre for Policy Dialogue (CPD) Friday said the 7.3 per cent Gross Domestic Product growth for the next fiscal year (FY) 2014-15 is "possibly a desirable target", which regrettably does not have any substantive basis. "I...

Industries prioritised by budget: BGMEA

FE Report | 2014-06-07 00:00:00

The country's apparel apex body-BGMEA-has hailed the proposed budget saying it has prioritised industries, especially the readymade garment sector. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a statement appreciated the proposed fiscal measures including reduction of tax at...

Budget identifies challenges of economy rightly: MCCI

FE Report | 2014-06-07 00:00:00

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has welcomed the budget for the fiscal year 2014-2015 saying the Finance Minister has correctly identified the challenges facing the country's economy. The chamber, in a reaction on Friday, found the...

Budget execution hinges on socio-political stability: FICCI

FE Report | 2014-06-07 00:00:00

Terming the GDP growth target of 7.3 per cent ambitious, the Foreign Investors' Chamber of Commerce & Industry (FICCI) on Friday expressed its concern about some proposals in the budget including introduction of SIM replacement tax, and imposition of the...

Budget implementation a big challenge: CCCI

Our Correspondent | 2014-06-07 00:00:00

CHITTAGONG, June 6: Budget implementation with a deficit of Tk 675.52 billion for the fiscal year (FY) 2014-15 would be a big challenge for the government, said Chittagong Chamber of Commerce and Industry (CCCI) president Mahbubul Alam. He, however, said...

Mahbubul Alam passes away

2014-06-07 00:00:00

Mahbubul Alam, former editor of The Independent and also an advisor to the caretaker government of 2007, died at Birdem Hospital in the city Friday morning. He was 79, report agencies. The veteran journalist breathed his last at the Intensive...

Judge rapped for RAB order

2014-06-07 00:00:00

A Brahmanbaria judge has been withdrawn a day after she ordered police to register a murder case against RAB personnel. It means, Senior Judicial Magistrate Najmun Nahar will not be able to decide whether a case or charge-sheet will be...

Mayaudon to replace William Hanna

2014-06-07 00:00:00

The European Union has picked up the deputy head of its Pakistan mission to replace the head of its Bangladesh mission. Pierre Mayaudon, who has an extensive diplomatic and defence background in the French administration, will replace William Hanna, an...

22 students hurt as outsiders attack NU

2014-06-07 00:00:00

At least 22 students of Northern University were injured in an attack by outsiders on its Karwan Bazar campus Friday. Witnesses said a group of 40-50 miscreants stormed into the university around 11am and tried to capture its 13th floor....

Hasina seeks Chinese help to import Myanmar gas

2014-06-07 00:00:00

Prime Minister Sheikh Hasina expressed her interest to import part of the gas which China is going to import from neighbouring Myanmar through Kunming and it would be used at the proposed special economic zone in Bangladesh, report agencies. The...

Rajuk limps with ambitious housing projects in Dhaka

Shamsul Huda | 2014-06-07 00:00:00

Rajdhani Unnayan Kortipakkha (Rajuk) appears to be failing to hand over plots and flats to the winners of lottery arranged for allocating those in its housing projects in Purbachal,Uttara and Jhilmil in Dhaka, sources said. In Purbachal, the overall development...

BTMA call to lift min tax, keep incentives tax-free

FE Report | 2014-06-07 00:00:00

Hailing the proposed budget for the next fiscal year (FY), the country's textile sector apex body urged the government to withdraw the minimum tax imposed and keep cash incentives outside the purview of any tax, apart from review of other...

BJA rues ignoring of raw jute exporters in proposed budget

FE Report | 2014-06-07 00:00:00

Bangladesh raw jute exporters have expressed their mixed reactions over the proposed budget for fiscal year 2014-15, saying there is no mention in the budget about protecting the interest of the country's raw jute exporters and traders. The leaders of...

Review some fiscal measures in budget

FE Report | 2014-06-07 00:00:00

Terming the proposed budget 'frustrating' for the women entrepreneurs, the Association of Grassroots Women Entrepreneurs, Bangladesh (AGWEB) requested the government to review some of its fiscal measures to encourage women's participation in the economic activities. AGWEB in a statement Friday...

One of Nur Hossain\\\'s aides held in Faridpur

2014-06-07 00:00:00

FARIDPUR, June 6 (UNB): Detective Branch of police arrested one of the aides of Nur Hossain, the prime accused in Narayanganj seven-murder case, from a remote char area under North Channel union in sadar upazila early Friday. The arrestee was...

Steps to ease traffic snarls at city intersections

Munima Sultana | 2014-06-07 00:00:00

The government has initiated steps to improve management of intersections in Dhaka city aiming to overcome difficulties in handling hundreds of thousands of motorised vehicles that make long queues during busy hours every day. Under the Dhaka Transport Coordination Authority...

Kamal rules out possibility of capital flight

FE Report | 2014-06-07 00:00:00

Planning Minister AFM Mostafa Kamal has ruled out the possibility of capital flight from the country. Replying to a question at the post budget press conference in the city on Friday, he said there is no basis behind the claim.  ...

Experts for using ICT to improve quality of edn

2014-06-07 00:00:00

A good progress has been made in terms of using Information and Communication Technology (ICT) during the last couple of years to achieve the status of knowledge-based middle income and prosperous country, said officials and educationists, reports BSS. Application of...

Project taken to eliminate child labour

2014-06-07 00:00:00

Bangladesh spent about Tk 710 million on a project to eliminate child labour. It refrained 55 thousand children from working in risky jobs, reports BSS. This was revealed in a report published by the finance ministry in its Bangladesh economic...

Govt official couple killed in Manikganj road crash

2014-06-07 00:00:00

MANIKGANJ, Jun 6 (UNB): A government official couple was killed as a bus hit a motorcycle carrying them on Dhaka-Aricha highway in Sadar Upazila of the district Friday noon. The dead are Doyal Chandra Sarkar and his wife Dr Dulali...

350 BD policemen to be deployed to UN peacekeeping mission in CAR

2014-06-07 00:00:00

Bangladesh police is expected to deploy some 350 personnel to the UN Peacekeeping Mission in Central African Republic (CAR) in October this year, reports UNB. This will be the first UN peacekeeping mission in CAR for the members of Bangladesh...

Norwegian envoy accords reception to Selima Ahmad

FE Report | 2014-06-07 00:00:00

Norwegian Ambassador in Dhaka Merete Lundemo accorded a reception to Selima Ahmad on her winning the 2014 Oslo Business for Peace Award at the ambassador's residence in the city on Wednesday. In this connection, a press conference was held where...

Man stabbed dead in Sunamganj

2014-06-07 00:00:00

SUNAMGANJ, Jun 6 (UNB): Unidentified miscreants stabbed a man to death in Doarabazar Upazila of the district. The victim is M Cherag Ali (50), son of late Ibrahim Ali of Neyamatpur village in the upazila. Locals said the miscreants stopped...

Auto-rickshaw driver found dead in Sylhet

2014-06-07 00:00:00

SYLHET, June 6 (UNB): An auto-rickshaw driver was found dead at Tukerkandi village in Biswanath Upazila of the district Thursday. The dead is Swapan Jahangir (27), son of Imanul Haque of Alunia village under Faridganj Upazila of Chandpur district. Police...

SI suspended for taking bribe

2014-06-07 00:00:00

MADARIPUR, June 6 (bdnews24.com): A Sub-Inspector (SI) of police in Madaripur has been put under temporary suspension for allegedly taking bribe. The SI has been posted as in-charge of the Charmuguria Police Camp in Sadar Upazila, Madaripur. Madaripur police super...

Unauthorised vehicles \\\'can\\\'t ply highways\\\'

2014-06-07 00:00:00

Communications Minister Obaidul Quader reiterated Friday that unauthorised vehicles like 'Easybike', 'Nosimon' and 'Korimon' will not be allowed to ply highways because of public life security concern, reports UNB. Talking to reporters while inspecting work on Dhaka-Chittagong four-lane highway project...

JICA president to visit DU on June 16

2014-06-07 00:00:00

President of the Japan International Cooperation Agency (JICA) Akihiko Tanaka will visit Dhaka University (DU) on June 16, reports BSS. He will address students, teachers, researchers and officials of DU at 10:00 am on the day at Nabab Nawab Ali...

5 armed snatchers detained in Ctg

2014-06-07 00:00:00

CHITTAGONG, June 6 (BSS): Chittagong Metropolitan Police (CMP) arrested five armed snatchers from the city's Tiger Pass area Thursday night. The arrested were identified as gang leader Mohammad Ujjal Sheikh alias Jahangir (29), Moin Uddin (22), Mohammad Babul (30), Mohammad...