Weather may remain dry with partly cloudy sky over the country until 6:00 pm today (Tuesday), reports UNB. Moderate to thick fog may occur over the river basins and light to moderate fog may occur elsewhere over the country until...
FHM Humayan Kabir | 2014-02-04 00:00:00
The Power Division has downsized its fund requirement in the development budget by Tk 4.75 billion from its total allocations. It failed to utilise the allocated money in the first half of the current fiscal year (FY), officials said. The...
LONDON, Feb 3 (BBC): The extent of corruption in Europe is "breathtaking" and it costs the EU economy about 120bn euros (£99bn) annually, the European Commission says. EU Home Affairs Commissioner Cecilia Malmstroem is now presenting a full report on...
FE Report | 2014-02-04 00:00:00
Commerce Minister Tofail Ahmed Monday urged the global buyers and retailers to increase the prices of Bangladesh-made readymade garment (RMG) products in line with the recently enhanced wages for the garment workers to sustain the sector. "The wage for garment...
FE Report | 2014-02-04 00:00:00
The central bank has issued show-cause notices upon both chairman and managing director (MD) of a private commercial bank (PCB) for allowing outsiders in the bank's board meeting. The Financial Integrity and Customer Services Department of the Bangladesh Bank (BB)...
Criticising the current regime for 'its growing repressive act', BNP threatened on Monday to wage an irresistible oust-government movement soon, reports UNB. "This government wants to hang on to power resorting to terrorist activities. In fact, it's the godfather of...
FE Report | 2014-02-04 00:00:00
The visiting US Senior Adviser Judith Cefkin requested the government Monday to continue its humanitarian assistance to the Rohingya refugees in the country. She also expressed her government's satisfaction over the Bangladesh government's role on the refugee issue following troubles...
Members of Rapid Action Battalion (Rab) on Monday arrested three people in connection with the killing of two schoolboys after kidnapping in Narayanganj, reports UNB. The arrested were identified as M Parvez Hossain, 21, M Shah Ali, 22, and M...
Mohammad Mufazzal | 2014-02-04 00:00:00
The Bangladesh Securities and Exchange Commission (BSEC) has intensified its vigilance over the capital market activities in a bid to curb the possibility of manipulation by any quarter, officials said. The securities regulator has taken the move, so that the...
Doulot Akter Mala | 2014-02-04 00:00:00
Value Added Tax (VAT) collection from large companies posted a sluggish growth in the first half of the current fiscal year, primarily because of volatile political situation. The Large Taxpayers Unit (LTU) under VAT wing of the National Board of...
Shamsul Huda | 2014-02-04 00:00:00
Medicine manufacturers' direct market penetration has reduced the size of wholesale medicine business by 75 per cent over the last decade, circles concerned have claimed. "Many wholesale medicine shops have shut down their business for want of customers -- retail...
FE Report | 2014-02-04 00:00:00
Finance Minister AMA Muhith said Monday the government will bring some fundamental changes in the corporate tax system from the next fiscal year. "Our corporate tax system is improper. Some fundamental changes in the corporate tax system are essentially to...
Our Correspondent | 2014-02-04 00:00:00
CHITTAGONG, Feb 3: Regional Commissioner of Dar Es Salaam Saidi Meck Sadick today spoke highly of the quality of shipbuilding in Bangladesh and said this industry can expect many more shipbuilding orders from Tanzania. He admired the working condition at...
Shedding the negative trend of the previous two months, the remittance inflow rebounded in January, comforting the central bank in marinating its higher reserve. Data released by Bangladesh Bank (BB) Monday showed the rebounding trend in remittance -- the life...
Rescuers have so far fished out 11 bodies from the Surma river in Sunamganj after a boat caught fire and sank on Monday night. The police and fire service divers along with locals resumed rescue efforts on Tuesday morning after...
FE Report | 2014-02-03 00:00:00
The traders urged the government Sunday to extend the duration of the ongoing month-long Dhaka International Trade Fair (DITF) 2014 for another 10 days to recover the losses they counted due to political turmoil. In a letter to the secretary...
The two-day annual distributors and sales conference 2014 of Square Toiletries Limited concluded at a local hotel in Chittagong on Sunday. Managing Director of Square Toiletries Anjan Chowdhury inaugurated the conference, said a press conference. Anjan Chowdhury said despite facing...
BEIJING, Feb 2 (AFP): In 1984, with only $25,000 in Chinese government funding and a dusty 20-square-metre bungalow as their headquarters, a small group of scientists in Beijing founded a firm called New Technology Developer Inc. Thirty years later, the...
WASHINGTON, Feb 2 (PTI): After supermarket giant Walmart, it is online retail major Amazon which has begun lobbying with the US lawmakers to seek their support for facilitating its "foreign direct investment in India". According to lobby disclosure reports filed...
NEW DELHI, Feb 2 (PTI): Pumped up by robust demand for content, apps and devices across its platform, search giant Google is set to make "strategic" investments in Android, Chrome, YouTube and Enterprise, among others, to further shore up revenue....
Karmasangsthan Bank gets new MD Khandoker Md Iqbal has recently joined Karmasangsthan Bank as its managing director (MD). Prior to the position at the state-owned employment generation bank, Mr Iqbal was the deputy managing director of Sonali Bank Limited. He...
The government has been urged to establish more economic zones in different parts of the country. DCCI President Mohammad Shahjahan Khan made the appeal while members of the board of directors of DCCI led by him called on Industries Minister...
DUBAI, Feb 2 (Gulf News): The 2013 full-year financial results of the United Arab Emirates (UAE) banking sector highlights strong loan growth led by retail and consumer banking and improved profitability on account of sustained decline in non-performing loans and...
MOSCOW, Feb 2 (AFP): The Russian government has suggested that the slide in the value of the rouble may have a silver lining, but will it really help perk up the sluggish economy or just crimp consumption by consumers? The...
DUBAI, Feb 2 (Gulf News): The Gulf Cooperation Council (GCC) is increasingly looking eastward to secure trade accords, which in itself reflects the difficulties in concluding free trade agreements with the likes of the European Union (EU). Talks on Free...
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