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BB revises forex quota for businessmen

2014-03-11 00:00:00

Bangladesh Bank (BB) has revised up the foreign exchange quota for businessmen, reports BSS. The central bank in a circular on Monday said exporters, importers and producers for the local market would be entitled to foreign exchange quota for travel...

Court summons Prothom Alo editor, 2 others

2014-03-11 00:00:00

A court has taken cognizance of a Tk 2.0 billion defamation case and issued summons against three, including Prothom Alo's Editor and Publisher Matiur Rahman, reports bdnews24.com. Dhaka's fourth Joint District Judge Muhammad Abu Taher gave the order after a...

Dhaka, Ctg to go on Google Map in May

2014-03-11 00:00:00

Google Map would start showing  streets, attractions and major establishments of Dhaka and  Chittagong cities in May as the search engine giant is near to complete collection of 360-degree street-level imageries, reports BSS. After the official announcement from Google, people...

\\\'Flawless fishing vessel\\\' built in country

Pankaj Dastider | 2014-03-11 00:00:00

CHITTAGONG, Mar 10: The FMC Dockyard, a local shipbuilder, has successfully constructed a fishing vessel, which they claimed to have been one free from all flaws. The dockyard has built the FV CML Labiba, a mid-water fishing vessel that concluded...

Govt signs PSC with Santos, KrisEnergy tomorrow

M Azizur Rahman | 2014-03-11 00:00:00

The government will award shallow water block SS-11 to Australian Santos and Singapore's KrisEnergy under joint venture (JV) tomorrow (Wednesday) for oil and gas exploration in the Bay of Bengal, a top official said Monday. A production sharing contract (PSC)...

Photo: Students of Pabna University of Science and Technology

2014-03-11 00:00:00

Dubai firm offers to build deep sea port

FHM Humayan Kabir | 2014-03-11 00:00:00

The UAE-based firm DP World is likely to present tomorrow (Wednesday) the details of its multi-billion-dollar investment proposal for building a deep sea port in Bangladesh, officials said Monday. "The aspirant UAE investor is expected to give us the details...

Tk 81b allocation likely for Padma Bridge next fiscal

Munima Sultana | 2014-03-11 00:00:00

The government is considering allocation of around Tk 81 billion for its fast-track Padma Bridge project in the next budget, though nearly two-thirds of the fund allocated for the purpose in the current fiscal year (FY) remains unspent. Officials said,...

July-Feb exports slow on lower RMG shipments

FE Report | 2014-03-11 00:00:00

The country's export earnings during the July-February period of current fiscal year (FY), 2013-14, witnessed a slow growth, following a downward trend in the shipment of readymade garment (RMG) products, sources said. According to the Export Promotion Bureau (EPB) official...

Body formed to examine bank vault loopholes

FE Report | 2014-03-11 00:00:00

The Bank and Financial Institution Division (BFID) Monday formed a six-member committee to examine loopholes of state-owned bank vaults and to take effective steps for stopping further robbery. The decision of constituting the committee was taken at a meeting of...

NBR allows 15pc depreciation in used car import

Doulot Akter Mala | 2014-03-11 00:00:00

The National Board of Revenue (NBR) has offered tax benefits for the reconditioned car importers by allowing them to enjoy 15 per cent deprecation in import of six months to one-year-old cars. There was no deprecation facility for the one-year-old...

Editors\\\' appeal to Chief Justice

FE Report | 2014-03-11 00:00:00

Editors of national dailies Monday sought immediate intervention by the Chief Justice (CJ) of Bangladesh to help normalise the situation arising out of untrue allegations made against journalists by a section of senior lawyers. In a joint statement, the editors...

Prayer Timings

2014-03-11 00:00:00

Photo: Eight people were produced before a Bogra court

2014-03-11 00:00:00

Bone marrow transplantation at DMCH

2014-03-11 00:00:00

Dhaka Medical College Hospital (DMCH) successfully conducted the country's first-ever bone marrow transplantation of a 52-year-old man Monday. .     — BSS

Sonali Bank heist: 8 put on 5-day remand

2014-03-11 00:00:00

BOGRA, Mar 10: A court here placed Monday eight people on a five-day remand each in connection with Sonali Bank burglary case in Adamdighi upazila in the district. Bogra Senior Judicial Magistrate Ahmed Shahriar Tarique passed the order.     — UNB  

Move to beautify city govt hospitals

2014-03-11 00:00:00

The business leaders assured Monday that they would assist the government in starting work to beautify the government hospitals in the capital. The assurance was given during a views-exchange meeting of a delegation of FBCCI and BAPI with Health Minister...

TIB blasts Muhith on toll

2014-03-11 00:00:00

Transparency International Bangladesh (TIB) has voiced concern over the finance minister's move to collect subscriptions from the private sector for the upcoming T20 World Cup and the bid for national anthem record, reports UNB. TIB Executive Director Dr. Iftekharuzzaman, in...

Throw away guns, sit in talks: Khaleda to govt

2014-03-11 00:00:00

BNP chairperson Khaleda Zia has urged the government to engage in a meaningful dialogue throwing away guns for holding a free and fair fresh national election. “It’s pointless to intimidate people. They (people) want a fair and neutral election under...

30 hurt as truckers, RCC toll collectors clash

2014-03-11 00:00:00

At least 30 people were injured, some of them critically, in a clash between truck drivers and toll collectors of Rangpur City Corporation (RCC) in Rangpur city Monday afternoon. Abdul Kader Zilani, officer-in-charge of Kotwali Police Station, said toll collectors...

4 killed, 20 injured as train hits bus

2014-03-11 00:00:00

At least four people were killed and 20 others injured in a collision between a train and a passenger bus in Chandgaon in Chittagong city on Tuesday morning. Locals said the accident took place at a level crossing in Chandgoan...

Sonali Bank manager, cashier suspended over heist

2014-03-11 00:00:00

Sonali Bank management has suspended the manager and the cashier of its branch at Adamdighi in Bogra district over the burglary of Tk 3.1 million from the branch, says an official. Deputy General Manager (DGM) of Sonali Bank (Bogra Zone)...

Asian shares mostly up ahead of Japan bank decision

2014-03-11 00:00:00

Asia's markets mostly rose on Tuesday following big losses in the previous session while investors track a Bank of Japan meeting to see if it will announce any fresh economy-boosting measures. The gains came despite a negative lead from Wall...

Cop among 4 injured in city bomb attack

2014-03-11 00:00:00

A bomb hurled by a gang of unidentified miscreants has injured four people including a policeman in Dhaka’s Chalkbazar on Tuesday morning. Chalkbazar Police Station’s Inspector (investigations) Md Alamgir Hossain said the incident occurred around 6am near the East Islambagh....

Stocks see positive trend amid choppy trading

FE Online Report | 2014-03-11 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Tuesday amid see-saw. DSEX, the prime index of the DSE, went up by 5.33 points or 0.11 per cent to...

No power crisis right now: Nasrul Hamid

2014-03-11 00:00:00

State Minister for Power, Energy and Mineral Resources Nasrul Hamid Bipu has claimed that there is no load-shedding in the country right now. "There's no load-shedding in the country, not for a second either," the state minister for power said...

Malaysia air probe finds scant evidence of attack: sources

2014-03-11 00:00:00

Investigators in Malaysia are voicing skepticism that the airliner that disappeared early Saturday with 239 people on board was the target of an attack, US and European government sources close to the probe said. The fate of the Malaysian airliner...

1 killed, 10 missing in Shitalakhya trawler capsize

2014-03-11 00:00:00

One person was killed and 10 others went missing as a passenger-packed trawler capsized in Shitalaksya River in Kaliganj upazila in Gazipur on Tuesday. The deceased was identified as Lemon Hossain, 22, operator of Pran-RFL Group and son of Kajol...

5 houses gutted in Ctg

2014-03-11 00:00:00

At least five houses were gutted by a fire that broke out at East Bolirhat under Bakolia Police Station in Chittagong city on Monday. Fire service officials said the fire erupted from a house in the area and it soon...

\\\'Terrorist\\\' held with firearms

2014-03-11 00:00:00

Police in a drive arrested an alleged terrorist at Kaunia village in Ramganj upazila Lakshmipur district on Monday night. The arrested was identified as Kamal Uddin, son of Rasul Karim, a resident of Faridganj upazila of neighbouring Chandpur district. Police...