FE Today Logo

Search results for:


Tk 1.490t revenue target in next budget: NBR

Our Correspondent | 2014-05-05 00:00:00

CHITTAGONG, May 4: Revenue board Chairman Ghulam Hossain said Sunday the government's GDP (gross domestic product) growth target would be 7.3 per cent for the next financial year and the target of revenue would be Tk 1.49 trillion. "The size...

NBR set to raise paid-up capital limit to Tk 25m, cut cc to 1485

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

The National Board of Revenue (NBR) has decided to increase the limit of paid-up capital for taxicab business, and relax the limits of engine capacity in a bid to encourage investment in this sector. The Customs Wing of the board...

Mir Quasem trial verdict any day

2014-05-05 00:00:00

The hearing in the trial of Jamaat leader Mir Quasem Ali ended Sunday and the International Crimes Tribunal (ICT)-2 said it would pronounce the verdict any day, reports BSS. Justice Obaidul Hassan, chairman of the three-member panel of ICT-2, put...

Photo: BNP Chairperson Khaleda Zia speaking at a \\\'mass hunger strike\\\'

2014-05-05 00:00:00

Rejoinder

2014-05-05 00:00:00

Maersk Bangladesh Ltd Managing Director Shamim Ul Huq has disowned his comments used in a report carried in the April 29, 2014 issue of the Financial Express (FE) under the headline 'BD shippers find Lanka offer of using the ports...

Country\\\'s graduation to middle income status by 2021 unlikely

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

The dream of Bangladesh becoming a middle-income country (MIC) by 2021 has faded following a lower-than-projected performance of the economy and some other major economic indicators in recent years, development analysts said Saturday. They said it would be difficult for...

Hartal observed in Narayanganj

2014-05-05 00:00:00

NARAYANGANJ, May 4 (Agencies):  A dawn-to-dusk hartal, enforced by the District Bar Association protesting the recent abduction and killing of their fellow lawyer Chandan Kumar Sarkar and six others, observed spontaneously in the district Sunday. All modes of vehicles, except...

Security concern a major threat to fresh investment, says CPD

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

The Centre for Policy Dialogue (CPD) aired growing concern over security of people and assets Sunday saying this has now emerged as a major threat to fresh investment in the country. Raising its voice against incidents of recent abductions, at...

WB for hike in domestic gas prices

M Azizur Rahman | 2014-05-05 00:00:00

The World Bank (WB) has recommended an increase in domestic natural gas prices in the country for its efficient use and for encouraging further exploration by international oil companies (IOCs). "The administered price of domestically produced natural gas is fixed...

Two charge-sheets filed against 51 Destiny officials

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

The Anti-corruption Commission (ACC) submitted Sunday two charge sheets to the court accusing 51 officials of Destiny Group for swindling of about Tk 41.19 billion of investors' money. ACC deputy director Mozahar Ali Sarder and assistant director Toufiqul Islam   submitted...

USTR to review BD progress in RMG labour issues in July

Talha Bin Habib | 2014-05-05 00:00:00

The USTR is set to review the progresses made in labour issues by Bangladesh in its ready-made garment (RMG) sector in July next for reviving the generalised system of preferences (GSP), officials said.   The first-ever Bangladesh-USA meeting under the TICFA...

AL involved in killings, abductions, says Khaleda

2014-05-05 00:00:00

Claiming that it is the ruling party, not BNP, is involved in the growing incidents of abduction, secret killing and forced disappearance, BNP chairperson Khaleda Zia Sunday urged all to rally round under her party's umbrella to wage a strong...

Prayer Timings

2014-05-05 00:00:00

One held with six kg gold at Dhaka airport

2014-05-05 00:00:00

Customs officials arrested a man along with six gold bars, weighing about 6 kg, from Hazrat Shahjalal International Airport Sunday. The arrestee was identified as Abdur Razzak(54). Ayesha Akhter, assistant director of Customs Intelligence at the airport, said customs intelligence...

Bangladesh gets WHO’s polio-free certificate

2014-05-05 00:00:00

Bangladesh received World Health Organization (WHO) certificate as a polio-free country, an official release said Sunday.    Bangladesh has been declared as one of the 10 South Asian polio-free countries and certified by the WHO.    — BSS

Patuakhali launch capsize death toll rises to 12

2014-05-05 00:00:00

PATUAKHALI, May 4: The death toll from Saturday's launch capsize in Kolagachia river in Golachipa uapzila rose to 12 with recovery of five more bodies on Sunday morning.      — UNB

China stocks stumble at opening

2014-05-05 00:00:00

Chinese stocks fell in morning trade on Monday after data showed manufacturing activity contracted more than first thought in April, while dealers are also worried a new wave of initial public offerings will cause a share glut. The benchmark Shanghai...

HK shares down

2014-05-05 00:00:00

Hong Kong stocks slipped 0.29 per cent in early exchanges on Monday following losses on Wall Street at the end of last week while investors await the release of Chinese manufacturing data later in the day. The benchmark Hang Seng...

Australian stocks slip

2014-05-05 00:00:00

Prices of shares in Australia’s stock markets saw negative trend on Monday following weak China PMI and the losses on Wall Street at the end of last week. Sydney share prices shed 0.21 per cent at the close of trading...

Tokyo investors eye Japanese corporate earnings

2014-05-05 00:00:00

Investors will be eyeing Japanese corporate earnings and fresh US data when trading resumes this week at Tokyo’s share markets after two days of public holidays. The Tokyo market will have to play catch-up with a barrage of key US...

Transport leader chopped to death

2014-05-05 00:00:00

Miscreants chopped to death a Jhenidah transport workers’ union leader and a local Awami League leader in Jhenidah town on Monday. The dead is Abdul Gaffar Bishwas, 43, general secretary of Jhenidah Bus-Minibus Workers’ Union and son of late Babar...

Couple hacked to death in N\\\'ganj

2014-05-05 00:00:00

Unknown miscreants killed a couple in Narayanganj Sadar Upazila some time between Sunday night and early on Monday. Amanullah, 55, and his second wife Hosne Ara, 35, were hacked to death has been killed at their residence. Police suspect a...

Sarsa Jamaat leader arrested

2014-05-05 00:00:00

Police arrested a local leader of Jamaat-e-Islami at Sarsa Upazila in Jessore district on Sunday night. The arrested is Prof Faruk Hasan, nayeb-e-ameer of Sarsa Upazila unit of Jamaat and vice-principal of Baganchara Afil Uddin Degree College at the upazila....

Peddler held with 300 bottles Phensidyl

2014-05-05 00:00:00

Police arrested an alleged drug trader and seized 300 bottles of Phensidyl from him at South Surma in Sylhet district on Monday. The arrested is Sayeed Ahmed, 36, son of Ibrahim Ahmed of Goatali village of Chougachha upazila of Jessore...

China: Slow, safe and steady

2014-05-05 00:00:00

Six months into China’s grand economic makeover, Beijing is playing it safe, choosing gradual progress on many fronts over game-changing, riskier reforms such as removing all controls over bank interest rates. Yet taken together, the incremental steps promise to reach...

Dozens killed in Ukraine: Pro-Russians storm police station

2014-05-05 00:00:00

Pro-Russian militants stormed a Ukrainian police station in Odessa on Sunday and freed nearly 70 fellow activists as the country’s leaders lamented a police force they said was widely undermined by graft or collaboration with separatists. Militants chanted ‘We will...

Stocks open positive amid volatility

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

Shares prices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Monday amid modest see-saw. DSEX, the prime index of the DSE, went up by 8.75 points or 0.19 per...

Bangladeshi shot dead by BSF

2014-05-05 00:00:00

A Bangladeshi man was shot to death by Indian Border Security Force (BSF) personnel at Panchbibi Upazila in Joypurhat district early Monday. The deceased was identified as Jony, 20, son of Anwar Hossain of Shreemantapur village at the Upazila. Commanding...

AL leader injured in bomb attack

2014-05-05 00:00:00

A local leader of Awami League (AL) sustained grievous injuries as he came under bomb attack by unknown miscreants at Tala upazila in Satkhira district on Monday. The victim was identified as Sheikh Abdul Aziz, general secretary of Tala’s Islamkati...

Asian shares slip following weak China PMI

2014-05-05 00:00:00

Asian markets dipped on Monday following losses on Wall Street and after a survey indicated manufacturing activity in China was contracting at a faster rate than initial results suggested. Traders are also keeping a nervous eye on the crisis in...