The World Bank (WB) has approved a loan to modernise Bangladesh's VAT administration and collection system. WB’s Dhaka office on Saturday said its board approved the $ 60 million credit on Friday. A project styled ‘VAT Improvement Programme’ will introduce...
Two persons have died after being electrocuted while trying to douse a fire at a charcoal manufacturing plant in Sylhet district. The victims are identified as Rocky Miah, 16, and Bimal Prasad, 30. The fire broke out in the plant...
Border Guard Bangladesh (BGB) personnel rescued two young girls foiling a bid to traffic them to India through Phulbari border in Kurigram district on Friday. The victims were identified as Lovely Khatun, 18, daughter of Badshah Mia and Shantona Khatun,...
Border Guard Bangladesh (BGB) personnel seized firearms and ammunitions and a large quantity of drugs in Shibganj Upazila in Chapainawabganj on Saturday. Lieutenant Colonel Abu Zafar Sheikh Mohammad Bazlul Haque, commanding officer of BGB Battalion-9, said on secret information, a...
The UN Security Council on Friday strongly condemned the abduction of hundreds of Nigerian schoolgirls, as the world body’s secretary general dispatched an envoy to help find them. The diplomatic moves came after Amnesty International said that Nigeria’s military had...
A US judge said Wal-Mart Stores Inc does not deserve dismissal of a lawsuit claiming it defrauded shareholders by concealing suspected corruption at its Mexico operations, even after learning that a damaging media report detailing alleged bribery was being prepared....
Rapid Action Battalion (Rab) personnel recovered 30 live bombs at Jessore Railway Station in Jessore town on Saturday. Being tipped off, a team of Rab-6, led by its in-charge Major Mohamamd Masudur Rahman, raided the eastern side of Jessore Railway...
Mr Golam Hafiz Ahmed has been appointed as the Managing Director & CEO of NCC Bank Limited. Prior to this appointment, he was the Additional Managing Director and Acting Managing Director & CEO of the same Bank. Mr. Ahmed obtained...
IDLC Finance Limited secured Runner-Up Position under the Financial Services Category in The South Asian Federation of Accountants(SAFA) Best Presented Annual Report Awards for the year 2012. The award was handed over by SAFA in Islamabad, Pakistan recently. IDLC was...
A teacher of a kindergarten in Jhenidah was arrested on Friday on charge of sexually harassing a minor female student of the institution. The arrestee was identified as Abdul Khalid Hossain, 45, teacher of a kindergarten school at Maheshpur upazila...
BNP acting Secretary General Mirza Fakhrul Islam Alamgir has alleged that some ministers and MPs are involved with Narayanganj 7-murder. “This is very clear now,” Mirza Alamgir said, “It’s proven because a minister’s son-in-law has been removed from his job,”...
ACCA Bangladesh has awarded University of Dhaka with exemptions in ACCA papers.Onwards 2014, through this exemption arrangement the students of Accounting and Information Systems, department of Business Studies Faculty of University of Dhaka will be eligible to claim exemptions of...
China will not use any large-scale stimulus to boost its economy, Central Bank Chief Zhou Xiaochuan was reported as saying on Saturday, in response to speculation that authorities might lower reserve requirements for banks to spur growth. Zhou, who was...
Myanmar parades its once-isolated capital to international leaders this weekend, hosting a landmark summit of Southeast Asia's regional bloc as reforms see the country strut onto the world stage. The long-cloistered country's debut as chair of the Association of Southeast...
Thailand's pro-government "Red Shirts" began massing in Bangkok Saturday to challenge a bid by opposition protesters to install an unelected regime in power after the removal of the prime minister. The dismissal of premier Yingluck Shinawatra and nine ministers by...
Campaigning in India's bitterly fought election entered its last day Saturday ahead of next week's final voting with the Hindu nationalist opposition already scenting victory. Rahul Gandhi, heading the campaign of the ruling Congress party which is seen heading for...
The committee formed to investigate the seven murders in Narayanganj will hold public hearings at the office of the district’s Deputy Commissioner. Anyone with information can testify about the abduction and killings of seven including City Councillor Nazrul Islam and...
Family members of the seven victims murdered at Narayanganj have started testifying to the probe committee formed by an order of the High Court. The probe body headed by Md Shahjahan Ali Mollah, additional secretary at the Public Administration Ministry,...
The tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said Friday. The Micronesian island of around 9,500 people would become the 189th member state of the...
The mass kidnapping of schoolgirls in Nigeria was an "unconscionable act" of terror against the education of girls, US First Lady Michelle Obama said Saturday. Speaking in her husband's place during President Barack Obama's weekly Saturday morning address, Michelle Obama...
Alliance Capital Asset Management Limited has declared the Net Asset Value (NAV) of MTB Unit Fund. According to the declaration, the total NAV of MTB Unit Fund stood at Tk 350,011,970.94 on the basis of cost price and Tk 386,205,236.91...
France and Germany have threatened Russia with further sanctions if Ukraine's presidential election on 25 May fails to go ahead. President Francois Hollande and German Chancellor Angela Merkel said in a statement they feared further destabilisation of Ukraine. The two...
A ceasefire between South Sudan's government and rebels was due to come into effect Saturday following a deal to end a brutal five-month war that has pushed the country to the brink of genocide and famine. President Salva Kiir and...
A bus overturned and hit a lorry parked on the hard shoulder of a motorway outside Dubai on Saturday, killing 13 Asian workers on board and injuring 16, police said. The crash happened on Emirates Road, a busy route that...
Bangladesh Bank (BB) has taken initiatives to formulate an outsourcing policy for the banks prioritising the issue of money laundering. The central bank is preparing the policy to bring the third party services into a frame, which would help the...
Bangladesh Chhatra League (BCL), the associate student body of the ruling Awami League, on Saturday expelled four of its leaders for their involvement in anti-organisational activities. The expelled BCL leaders are deputy sports affairs secretary of central committee Sujon Ghose...
US Ambassador to Bangladesh Dan Mozena will start his five-day multi-district visit on Sunday which is a continuation of his pledge to visit all 64 districts in Bangladesh. During his latest tour, the US diplomat will visit Narail, Magura, Jhenidah,...
Ruling Congress party leader Rahul Gandhi warned Saturday of an India divided by caste and creed if the Hindu nationalist opposition wins power, as campaigning ended in the nation's multi-stage election. Gandhi sought to muster a final show of Congress...
Prime Minister Sheikh Hasina on Saturday handed over the National Film Award-2012 to 23 film artistes and technicians in 24 categories for their outstanding performances in the industry. The Prime Minister distributed the awards at a function at Bangabandhu International...
Afghanistan started using its first ever satellite on Saturday in a bid to boost its national broadcasting and telecommunications infrastructure as well as its international connectivity. Afghanistan's telecommunications sector and a growing digital media industry are among the Afghan government's...
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