GAZIPUR, Oct 29: Fire broke out in two ready-made garments (RMG) units at Konabari in Sadar Upazila on Saturday morning. Properties worth about Tk 10 million were gutted, according to a preliminary estimate. However, no casualty is reported in both...
unit Barrister Jahangir Hossain, professor of Lund University Dr Ben Terra presented key note papers on the issue. Addressing the meeting, NBR chief Nasiruddin Ahmed said they would not propose enactment of any law incorporating criminal provisions in it. The...
Zaglul Ahmed Chowdhury The Commonwealth head of governments meeting (CHOGM) that comes after every two years was opened yesterday in Australia with a call for bigger collaborative interactions among the member-states in a variety of fields that are critically linked...
FE Report All eyes are now on Narayanganj as the country's newly-formed city corporation goes for voting today (Sunday) amid tight security. The Election Commission (EC) has made all sorts of preparation, including sending necessary equipment like ballot boxes and...
The finance minister has rejected some observations made in a World Bank-International Monetary Fund (IMF) report in connection to a fund aimed at providing succour to a drooping stock market, reports bdnews24.com. "Our market won't be dictated by World Bank,...
Siddique Islam The country's overall import payments grew by over 23 per cent in the first quarter (Q1) of the current fiscal year (FY), mainly due to more than 100 per cent increase in oil import bill, officials said. "The...
Khalilur Rahman Home Minister Shahara Khatun has urged the people to launch social movement through forming social organizations in different localities and include government officials concerned in those civic bodies in order to curb crimes. The minister, while addressing a...
Nizam Ahmed Commercial extraction of the country's proven coal reserve is unlikely to start, at least within the next couple of years, despite the desperate national needs for use of this fossil fuel to generate electricity, experts said on Saturday....
PERTH (Australia), Oct 29 (UNB): Prime Minister Sheikh Hasina Saturday reiterated her call to the developed economies to assist Bangladesh face the risks of climate change. "Bangladesh is among the countries most vulnerable to the global climate change. We've taken...
Monira Munni The country's potential ship breaking industry will get a big boost as the government has finally declared Sitakunda as a special ship breaking zone considering better environmental and safety standards amid protest from the environmentalists. The Ministry of...
Speakers at a national convention in the city Saturday urged the government to complete the trial process of war criminals soon, reports BSS. They made the call while addressing the national convention of like-minded democratic and progressive leaders at Mohanagar...
Detained Jamaat-e-Islami leader Maulana Delawar Hossain Sayedee stands for trial on Sunday before the International Crimes Tribunal for his alleged involvement in crimes against humanity during the 1971 Liberation War, reports UNB. Sayedee, nayeb-e-ameer of Jamaat that officially opposed the...
FE Report A mock migrants parliament session titled 'Safe Migration for Rural Development' was held Saturday in Gazipur at the district administration auditorium with a few male and females, who were deceived abroad, to give their presentation as parliament members....
Weather may remain mainly dry with temporary cloudy sky elsewhere over all the seven divisions of the country in next 24 hours until 6:00 pm today (Sunday). Day temperature may remain nearly unchanged over the country, Met office said. The...
Yasir Wardad A large number of home-goers' desire to celebrate the coming Eid-ul-Azha with their families at villages may remain unfulfilled as thousands of ticket aspirants are yet to manage a single one due to crisis of tickets. The ticket...
Since the beginning of the nineties, Bangladesh has had a robust macro-economic regime marked by consistent above-average growth and single digit inflation in parallel with mostly stable democratic governance (even the interim caretaker governments formed before each election had got...
What exactly is the significance of the first ever mayoral elections in this small but important satellite town in the outskirts of Dhaka? If media interest is anything to go by, one could be forgiven into thinking that we are...
Bangladesh is gradually moving towards e-commerce market. The central bank gave permission to financial institutions in November 2009, so that banks could act as e-commerce payment gatewayprocessor. This has given an enormous opportunity to companies who wish to go for...
The government's increased borrowing has been hurting a good number of banks and non-banking financial institutions, particularly the primary dealers, more than anybody else, since the yield of the government securities is now less than their cost of fund. The...
A two-day regional economic conference in Dhaka last week concluded that political will and firm commitment of governments were a must for bringing about an integrated South Asia, a prerequisite for economic prosperity of the region. Organised by the Centre...
Injustice for not granting pension During British colonial rule and under neo-colonialism of Pakistan, only the government employees were entitled to pension and the employees of semi-government organisations, public sector corporations and autonomous bodies were debarred from pension. After the...
Both print and electronic media have been buzzing of late on the upcoming Narayanganj City Corporation local elections to be held on October 30. The Election Commission (EC) is doing all it can so that the poll may be held...
Foreign direct investment (FDI) plays an important role in developed, underdeveloped and least developed countries (LDCs) in providing employment to the millions of people. It increases and sustains gross domestic product (GDP) growth, develops the technology and interchanges the technologies...
Lending is a principal business activity for banks. Loan portfolio is therefore typically the largest asset and the source of revenue for banks. In view of the significant contribution of loans to the financial health of banks through interest income...
Remittance is one of the most important economic indicators in Bangladesh for maintaining balance of payments, foreign exchange reserve, national savings and velocity of money. Remittance earning is increasing day by day and is the second largest sector of foreign...
China announced a series of changes to its top economic regulatory posts Saturday, the official Xinhua news agency said, the first big step in a comprehensive leadership reshuffle that will culminate next year. Shang Fulin, currently the securities regulator, has...
M Azizur Rahman Chinese state-run Sinopec Shengli Oilfield Services is set to invest around US$ 100 million under a joint venture (JV) with state-owned Bapex to develop four onshore gas structures in the hilly region of Chittagong, officials said Friday....
Shah Alam Nur Sales of refrigerators have boomed countrywide ahead of Eid-ul-Azha, one of the biggest festivals of Muslims, to be celebrated on November 7 with due religious fervour. Competitive price and better services offered by different companies including a...
Md Jamal Uddin, back from Egypt Banglalink's parent company Orascom Telecom Holdings has finalised the size of capital it invest next year in Bangladesh, top boss of the company said recently. Orascom Group Chief Executive Officer (GCEO) Ahmed Abou Doma...
BRUSSELS, Oct 29 (AFP): The European Financial Stability Facility said Saturday that all three ratings agencies-Standard & Poor's, Moody's and Fitch-have confirmed its AAA rating. The highest possible rating was confirmed on the basis of amendments decided in July that...
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