SEOUL, Dec 28 (agencies): Tens of thousands of weeping North Koreans bade farewell Wednesday to longtime leader Kim Jong-Il as his young son and successor walked beside his father's coffin through a snowbound Pyongyang. Kim Jong-Un was at the forefront...
NEW DELHI, Dec 28 (agencies): India's government sighed with relief Wednesday after parliament's lower house passed an anti-corruption bill that has become a political albatross around the neck of Premier Manmohan Singh's coalition. The bill, creating a powerful ombudsman to...
BUENOS AIRES, Dec 28 (Reuters): Argentine President Cristina Fernandez has thyroid cancer and will undergo surgery next month, a government spokesman said on Tuesday, adding that the cancerous cells had not spread. Fernandez, 58, was easily re-elected to a second...
LAGOS, Dec 28 (AFP): A bomb was thrown into an Arabic school in Delta state in southern Nigeria, wounding at least seven, police said Wednesday, after Christmas attacks sparked fears of sectarian violence in the country. "A locally made low-capacity...
CAIRO, Dec 28 (agencies): The murder trial of Egypt's former president Hosni Mubarak resumed Wednesday after a three-month hiatus that saw the ousted strongman's fate eclipsed by deadly clashes and an Islamist election victory. Mubarak risks the death sentence if...
Volcanic mudflow kills three in Indonesia JAKARTA, Dec 28: At least three people were killed by floods awash with volcanic mud in eastern Indonesia and thousands more displaced, an official said Wednesday. Mount Gamalama, which forms the entire island of...
Meghna Petroleum recommends 35pc cash, 30pc stock dividends The board of directors of Meghna Petroleum Limited has recommended 35 per cent cash (Tk 3.50 per share of Tk 10 each) and 30 per cent stock dividends for the year that...
NEW DELHI, Dec 28 (Business Standard): In a departure from big gains in the past two years, investors saw around Rs 20 lakh crore of their wealth eroded as Indian equities tanked in 2011 because of inflation, high interest rates...
FE Report An official gazette notification on the minimum stakes by the sponsor-directors of the listed companies, enforced recently by the securities regulator to ensure more accountability, was published Wednesday, officials said. The published gazette notification comes after the Securities...
NEW YORK, Dec 28 (Reuters): US stock index futures pointed to a slightly higher open on Wednesday in what looks like another low-volume session, with investors waiting for the start of 2012 before placing any large bets. Equities ended mostly...
HONG KONG, Dec 28 (AFP): Asian markets mostly slipped on Wednesday as unease over the eurozone debt crisis overshadowed a strong rise in consumer confidence in the United States. On the first full day of trade after Christmas eyes were...
Syful Islam Mandatory use of the Mongla port for carrying out all imports in the public sector to ensure better utilisation of its capacity is now under active consideration of the government. The Ministry of Commerce (MoC) has been tasked...
FE Report Muggers gunned down manager of a business establishment and took away Tk 1.0 million from his possession in the capital's Banghsal police station area Tuesday, police said. Another employee of the business house also received bullet injuries during...
FE Report The National Board of Revenue (NBR) Tuesday said the existing benefit from the investment of undisclosed money in the capital market with 10 per cent tax would remain in place in the current fiscal year (FY). "The facility...
Shamsul Huq Zahid The heyday of the country's real estate sector, apparently, is over, at least for the time being. The demand for residential apartments that started rising from the year 2000 and peaked between 2005 and 2010, is now...
Nizam Ahmed Despite fall in price of wheat in the world market following a record global production, the government is missing a chance to procure the item due to lack of storage facilities, officials. Bangladesh which produced some 35 million...
CHITTAGONG, Dec 27: The cargo handling of Chittagong Port has gone into full-fledged automation as Prime Minister Sheikh Hasina today inaugurated the much-awaited container terminal management system (CTMS) in the country's premier seaport today, reports BSS. Introducing the CTMS, the...
Mamun Rashid Few years back I was giving a presentation in a risk management seminar in China. The entire audience was surprised to hear that a local commercial bank in Bangladesh needs the central bank's approval to provide financing against...
FE Report Communications Minister Obaidul Quader has laid importance on reviving the image of Bangladesh Road Transport Authority (BRTA) with a view to restoring discipline to the transport sector. "The image of BRTA as well as the transport sector is...
M Azizur Rahman A high-powered delegation from Russian energy giant Gazprom will visit Dhaka early next month to finalise a deal to drill 10 onshore gas-wells in the country, the top official of Petrobangla said Tuesday. "The Gazprom delegation will...
Fazle Rashid NEW YORK, Dec 27: China and Japan -- two mightiest economies in the world -- have agreed to commence trading of the currencies. The agreement was clinched during Japan's prime minister Yoshihiko Noda's visit to Beijing. President Hu...
The government will refix the prices of edible oil - both retail and wholesale ones - after further discussions with traders Thursday, said FBCCI president AK Azad Tuesday, reports UNB. "The prices of edible oil will be refixed after a...
BNP Acting Secretary General Mirza Fakhrul Islam Alamgir Tuesday said they will join the dialogue with President as part of their on-going movement, reports UNB. He made the remarks when talking to reporters on the premises of graveyard of late...
BNP Chairperson Khaleda Zia Monday midnight distributed blankets among the floating poor people in different parts of the city, reports UNB. She along with her party leaders started blanket distribution from Banani area at around 12:15 am and continued till...
Finance Minister AMA Muhith Tuesday said the government would consider the demands of freedom fighters, including those of national award winners and the disabled ones, in accordance with its ability, reports UNB. "It's not possible to fulfill all the demands....
Liberal Democratic Party (LDP) Tuesday urged President M Zillur Rahman to take steps to restore the Caretaker Government (CG) system by cancelling the 15th amendment of Constitution prior to the formation of a new Election Commission (EC), reports UNB. "We...
FE Report The threatened waterways of our country needs to be saved for sustenance in terms of economic development, food security, maintenance of sound ecosystem and controlling unexpected flood, said speakers at a seminar Tuesday held at Dhaka Reporters' Unity....
Law Minister Barrister Shafique Ahmed Tuesday dismissed the notion that the prosecution has failed to prepare proper charge sheet against former Jama'at chief Ghulam Azam for committing crimes against humanity in 1971 as the International Crimes Tribunal declined to take...
BARISAL, Dec 27 (UNB): A youth was shot dead by police and eight others were wounded by bullets Tuesday as cops opened fire on them after villagers attacked Jolla Police Camp in Uzirpur Upazila protesting against death of a co-villager...
The Anti-corruption Commission (ACC) urged government employees to provide graft related information of their respective offices under the newly enacted Whistleblower Protection Act-2011 that promises to conceal information providers identities, reports BSS. "The act will protect them (those who provide...
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