FE Today Logo

Search results for:


Tk 790.31b ADP for FY’15 set to be approved today

FHM Humayan Kabir | 2014-05-20 00:00:00

The government is set to approve today (Tuesday) Tk 790.31 billion Annual Development Programme (ADP) for the next fiscal. The allocation is 31.71 per cent higher than the revised and 19.98 per cent higher than the original ADP for the...

BD poverty rate set to drop as economy crosses $400b mark

Jasim Uddin Haroon | 2014-05-20 00:00:00

The Bangladesh's economy expanded substantially to US$ 419.2 billion, in terms of purchasing power parity (PPP), in the fiscal year 2012-13, according to the latest estimate released last month by the International Comparison Programme (ICP) -2011 of the World Bank....

Allowances of government officials likely to be taxed

Doulot Akter Mala | 2014-05-20 00:00:00

The National Board of Revenue (NBR) is considering to impose income tax on allowances of the government officials to make tax treatment equal with the employees of the state-owned entities and autonomous bodies, sources concerned said. The changes might take...

DSE turnover falls to 7-month low

FE Report | 2014-05-20 00:00:00

Turnover of the Dhaka Stock Exchange (DSE) fell to a fresh seven-month low on Monday as the investors remained reluctant to make fresh investments in the market amid ongoing bearish trend. Both the bourses --- DSE and CSE --- shortened...

Abductors using women to trap their victims in city

FE Report | 2014-05-20 00:00:00

The newly formed anti-kidnapping squad has found the existence of a strong syndicate of abductors, who are allegedly using young women to trap people of affluent families, plainclothes police revealed Monday after busting a gang of professional kidnappers. They said...

18 members of RAB-3 withdrawn

2014-05-20 00:00:00

Eighteen officers and members of RAB-3 were closed to RAB Headquarters Monday for their alleged controversial activities, report agencies. Among them is Maj Ali Ahsan, commander of Crime Prevention Company (CPC)-3, according to a report on DMP News Monday, titled...

BB team hears MD

FE Report | 2014-05-20 00:00:00

The Bangladesh Bank (BB) standing committee Monday took note of what BASIC Bank Limited managing director (MD) Kazi Faqurul Islam said in defence of his alleged involvement in financial irregularities. A four-member committee, headed by BB deputy governor Nazneen Sultana,...

Photo: Voters standing in queues at a centre in Rangpur Sadar

2014-05-20 00:00:00

Prayer Timings

2014-05-20 00:00:00

Vote held in 12 upazilas

2014-05-20 00:00:00

The voting in 12 upazila parishads in eight districts was held amid stray incidents from 8:00am to 4:00pm without any break. The counting of votes started at 4pm Monday. Meanwhile, Chief Election Commissioner Kazi Rakibuddin Ahmad claimed that the election...

Padma Bridge: Work order within 3 weeks

2014-05-20 00:00:00

Communications Minister Obaidul Quader Monday said China Major Bridge Engineering Company got the main construction work of the much-talked-about Padma Multipurpose Bridge. The work order will be given to the company within the next three weeks.  He came up with...

Sonia, Rahul offer to resign, rejected by party

2014-05-20 00:00:00

NEW DELHI, May 19 (AFP):  India's Sonia and Rahul Gandhi offered to resign Monday after leading the once-dominant Congress party to its worst-ever election defeat last week, only for colleagues to insist the dynasty stay in place, an MP said.    ...

Muhith expects 10pc growth by 2018

2014-05-20 00:00:00

Finance Minister AMA Muhith Monday expressed the hope that the country would be able to gain 10 per cent growth rate by 2018 with the present government's efforts to make the local government institutions fairly powerful by the end of...

Addl AG MK Rahman sacked

2014-05-20 00:00:00

Additional Attorney General MK Rahman has been relieved of his service. The President relieved MK Rahman of his responsibilities by an order, said a law Ministry release Monday, reports UNB. Solicitor Wing of the Law and Justice Department of the...

HK shares up 0.24% in early trade

2014-05-20 00:00:00

Hong Kong shares rose 0.24 per cent in the first few minutes of trade on Tuesday following a second straight advance on Wall Street. The benchmark Hang Seng Index climbed 53.52 points to 22,758.02 in early exchanges, according to AFP.

US shares little changed

2014-05-20 00:00:00

US shares were mixed in early trade on Monday as a major telecommunications merger moved forward while a big pharmaceutical deal appeared to fizzle for good. About 25 minutes into trade, the Dow Jones Industrial Average shed 18.04 (0.11 per...

Martial law in Thailand

2014-05-20 00:00:00

Thailand's army declared martial law on Tuesday to restore order after six months of anti-government protests that have left the country without a proper functioning government. However, the military of the South East Asian country denied that it was staging...

2 transport workers gunned down in Noakhali

2014-05-20 00:00:00

A gang of armed miscreants in separate incidents shot to death two transport workers' leaders at Chatkhil upazila in Noakhali district on Tuesday morning. The deceased were identified as Kamal Uddin, 35, a transport workers' union leader and employee of...

Seoul stocks end lower

2014-05-20 00:00:00

The prices of most of the shares in Seoul stock markets were down at the end of trading on Tuesday. Kospi was 0.37 per cent lower when Tuesday's trading came to a close, according to AFP.

Sydney sheds 0.22pc

2014-05-20 00:00:00

Prices of most of the shares in Australia’s stock exchange witnessed downward trend on Tuesday. Sydney shed 0.22 per cent at the end of trading sessions today, according to AFP.

Yahoo Japan shares surge after cancels $3.2b eAccess deal

2014-05-20 00:00:00

Shares in Internet giant Yahoo Japan surged in Tokyo on Tuesday morning after it cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp. in a deal that was valued at about $ 3.2 billion. The stock...

AstraZeneca rejects bid: European stocks mixed

2014-05-20 00:00:00

European equities closed mixed on Monday, with London hit after AstraZeneca rejected Pfizer’s final takeover bid, while Frankfurt and Paris rose. London’s FTSE 100 index of top companies gave up 0.16 per cent to close lower at 6,844.55 points. Frankfurt’s...

Upazila chairman shot dead, his vehicle burnt

2014-05-20 00:00:00

Miscreants shot to death a  local Awami League leader and the chairman of Fulgazi upazila of Feni district on Tuesday. Police quoting his driver and witnesses said a gang of miscreants swooped on the car carrying Ekramul Haque, the ruling...

TPP negotiators to meet again in July

2014-05-20 00:00:00

Asia-Pacific trade ministers said Tuesday they would intensify talks on a vast trans-Pacific free trade agreement, but offered no clue on when a final accord would be reached. At the end of a two-day meeting in Singapore, ministers and chief...

Kamaruzzaman appeal hearing deferred

2014-05-20 00:00:00

The Appellate Division has deferred appeal hearing of Jamaat-e-Islami leader Mohammad Kamaruzzaman in a war crimes case and fixed it for June 3. A four-member bench headed by Justice SK Sinha issued the order on Tuesday after hearing the plea...

Sylhet Nursing College closed

2014-05-20 00:00:00

Authorities have closed down Sylhet Nursing College for an indefinite period and asked students to vacate dormitories by 5:00pm on Tuesday. The move comes after Monday’s incident in which intern doctors at MAG Osmani Medical College and Hospital had reportedly...

CIA withholding information on flight MH370: Mahathir

2014-05-20 00:00:00

Former Malaysia prime minister Mahathir Mohamad has accused the CIA and US aircraft makers Boeing of ‘hiding’ information about Malaysian Airlines Flight MH370, missing for more than two months now. In a post on his personal blog, which has been...

Narendra Modi to be sworn in as Prime Minister of India on May 26

2014-05-20 00:00:00

54 held in Cox\\\'s Bazar while going to Malaysia illegally

2014-05-20 00:00:00

Coast Guard personnel detained 54 people, including six crew and four brokers, from Saint Martin's Island in Teknaf upazila in Cox's Bazar district on Tuesday morning while they were going to Malaysia illegally. Tipped off, an operation team of Coast...

HC orders \\\'fair\\\' buyback for Annisul Huq

2014-05-20 00:00:00

The High Court has ordered Annisul Huq, chairman of the board of directors at Desh Energy, to buyback shares from its two founders at a ‘fair’ price. Justice Md Rezaul Hasan delivered the verdict on Monday. Annisul Huq and his...