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First ever medium-term debt strategy readied

Jasim Uddin Haroon | 2014-02-13 00:00:00

The government has finalised the country's first ever medium-term debt strategy aiming to ensure efficiency in public borrowing. The strategy is also aimed at mobilising low-cost and risk-free debts for funding budget deficits and other big projects. The Ministry of...

Pahela Falgoon today

FE Report | 2014-02-13 00:00:00

As per the Bangla calendar, the first day of the Bangla month of Falgoon falls today. Bengalees love to call the day Pahela Falgoon, a day that stands for youthful mirth, colours --- and romance. As the day begins, we...

NBR to collect 10pc tax-at- source on mobile banking

Doulot Akter Mala | 2014-02-13 00:00:00

The National Board of Revenue (NBR) has urged businesses involved with mobile banking services to pay 10 per cent tax-at-source from the money earned as commissions, fees etc.   The request came as part of a guideline, issued Wednesday, on the...

Govt faces uphill task to ‘heal’ economy

FE Report | 2014-02-13 00:00:00

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has identified a number of challenges including ensuring political stability, repairing and restoring damaged roads, highways, bridges and railways for aiding the country's economic growth. "The new government has an uphill...

FCBs have high spreads

FE Report | 2014-02-13 00:00:00

The higher lending rate and lower deposit rate offered by some banks has led to high spread in the country's banking system, the central bank findings have revealed. The Bangladesh Bank (BB) in its study report titled "A Comparative Analysis...

3 BGB, 2 army men die in blast during training

2014-02-13 00:00:00

TANGAIL, Feb 12 (UNB): Three members of Border Guard Bangladesh (BGB) and two members of Bangladesh Army were killed and 11 others injured in a mortar shell blast during training at Ghatail cantonment here on Wednesday. The deceased army men...

Liquid milk prices go up

Talha Bin Habib and Badrul Ahsan | 2014-02-13 00:00:00

Local milk producing companies have increased prices of processed liquid milk on the plea of higher production cost at farm level, industry insiders said. The companies said cost of milk production at firm level increased significantly due to higher prices...

Prayer Timings

2014-02-13 00:00:00

Four of a family killed in Sylhet road crash

2014-02-13 00:00:00

SYLHET, Feb 12: Four members of a family were killed as a truck rammed a CNG-run auto-rickshaw at Hilalpur Panch Mile in Golapganj upazila on Sylhet-Jakiganj road Wednesday afternoon. The deceased were identified as Humayun Kabir Afaz, 40, his wife...

Gas Development Fund to finance 7 more projects

2014-02-13 00:00:00

The government has enlisted another seven projects to be financed by the Gas Development Fund (GDF), said an official at the Energy Ministry. These are besides the 12 projects GDF has taken up since its creation in 2012 at the...

IT village to be set up in each district

2014-02-13 00:00:00

State Minister for Posts, Telecommunications and ICT Zunaid Ahmed Palak Wednesday said IT village will be set up in each district of the country to supplement the concept of 'Digital Bangladesh' by expanding the IT industry. "The process is on...

Potato growers block highway

2014-02-13 00:00:00

Potato growers have staged demonstrations and blocked a highway in Rangpur city to press home their eight-point demand, including compensation for the affected growers of the vegetable in the district. The other demands include purchasing potato by the government from...

Shibir man killed, another injured by bullets

2014-02-13 00:00:00

A Shibir activist has been killed and another injured by bullets in a ‘shootout’ with police in Satkania upazila in Chittagong. The dead is Jasim Uddin, son of Fazal Karim of Fazur Para village under Sodaha union in the upazila....

200 RMG workers fall sick after taking food

2014-02-13 00:00:00

At least 200 workers fell sick after taking snacks distributed by the authorities at a readymade garment (RMG) factory in Kaliakoir upazila in Gazipur on Wednesday night. The sick workers of Karim Textiles, an RMG unit located at Mouchak-Nurbagh in...

2 die, 4 injured in Habiganj crash

2014-02-13 00:00:00

At least two people were killed and four others injured in a road accident at East Joypur in Bahubal upazila of Habiganj on Thursday. The deceased were identified as Joytu Miah, 40, son of late Firoz Miah of Titarkona village...

DSE, CSE open positive

FE Online Report | 2014-02-13 00:00:00

Share prices in both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Thursday, the closing day in the week. DSEX – the prime index of the DSE...

Driver, helper get life for raping girl in moving bus

2014-02-13 00:00:00

A bus driver and his assistant have been awarded life term rigorous imprisonment (RI) by a court in Manikganj district for molesting a girl in a moving bus more than a year ago. Judge AKM Mostofa Dewan of the District...

Another BGB man succumbs at CHM

2014-02-13 00:00:00

One more Border Guard Bangladesh (BGB) troop died at Combined Military Hospital (CMH) in Dhaka last night, raising the number of fatality to six in Wednesday’s blast during a drill at Ghatail Cantonment in Tangail district. Mohammad Ali Jinnah, the...

Jubo League man shot dead

2014-02-13 00:00:00

Assailants have shot to death a local unit Jubo League activist and dumped his body at Chandpur village in Lakshmipur Sadar upazila. Informed by local people on Wednesday morning, police recovered the body of Shahadat Hossain, an activist of North...

3 kids drown

2014-02-13 00:00:00

Three children, including two siblings, have drowned in a pond at Kuakata under Kolapara in Patuakhali. The dead are Fahima, 5, and her cousins Rumi, 7, and Habib, 5. They were playing beside the pond at Khajura Orka village and...

Work hard to achieve desired goal: PM to researchers

2014-02-13 00:00:00

Prime Minister Sheikh Hasina on Thursday urged the researchers and students of the country to work hard and with utmost responsibility to achieve the desired goal as financial grants for researches and fellowships are awarded to them from the taxpayers’...

Extremist leader chopped to death

2014-02-13 00:00:00

Unidentified assailants have stabbed a former left radical leader to death at Madaripur’s Shibchar Upazila. The body of Shamim Khan, 27, was found slashed and motionless near his house around 8am on Thursday, his family members said. Shamim was picked...

Cops sued for bribe

2014-02-13 00:00:00

Two policemen of Dhaka’s Bhatara Police station have been sued on charges for taking bribe. One Jahangir Miah Ujjwal, claiming to be the editor of a newspaper, filed the case with the court of Dhaka’s Chief Metropolitan Magistrate on Thursday....

Stocks close another flat session

FE Online Report | 2014-02-13 00:00:00

Stocks ended another flat session Thursday with turnover decline slightly as most of the investors followed ‘wait-and-see’ strategy. The market opened with a positive note, but could not sustain, eventually ended flat into red. The prime index of the Dhaka...

Start genuine dialogue for next polls: Canada

2014-02-13 00:00:00

Canada has urged all the political parties in Bangladesh to engage in a genuine dialogue to reach an agreement soon on a process for the next set of elections that Bangladeshis will consider credible. “We continue to urge all parties...

Khasru’s bail extended

2014-02-13 00:00:00

A Chittagong court has extended bail for BNP leader Amir Khasru Mahmud Chowdhury in two cases. On Jan 20, the BNP’s Chittagong Metropolitan unit President had secured anticipatory bail for four weeks from the High Court in cases of vandalism...

Anju files complaint against \\\'fraudster\\\'

2014-02-13 00:00:00

Anju Ghosh of "Beder Meye Jyotsna" fame had filed a complaint with the police in West Bengal. She says in her complaint filed with the English Bazar police station in West Bengal's Malda district that a man called D Mukherjee...

Arfin Rumey in prison

2014-02-13 00:00:00

Musician Arfin Rumey has been denied bail and ordered to prison in a case filed by his wife over dowry. Judge Arifur Rahman of a Special Tribunal on Violence against Women and Children passed the order on Thursday following a...

Researchers on specific works to get age extension: PM

2014-02-13 00:00:00

Prime Minister Sheikh Hasina on Thursday said her government considers relaxing the age limit of the researchers engaged in specific researches so that they could complete their works. “We want to give a chance to the researchers to complete their...

UAE puts off execution of 3 BD nationals

2014-02-13 00:00:00

The United Arab Emirates (UAE) authorities have postponed the execution of death sentence of three Bangladesh nationals. The death penalties were scheduled to be executed on January 22 in Sharjah, said a Foreign Ministry media release here Thursday. The three...