NEW YORK, Nov 22 (Reuters): US stock index futures were little changed on Tuesday as persistent concerns over Europe kept investors on edge after four days of market losses. The ongoing debt crisis in the euro zone along with worries...
FE Report The securities regulator has made holding of at least 30 per cent stakes of a listed company by its sponsorsdirectors mandatory to contain their aggressive sale pressure without caring for the market situation, officials said. The sponsorsdirectors holding...
Shamsul Huq Zahid The stock market regained nearly 1000 points in four trading sessions since Last Thursday as the investors were kept in suspense over the so-called incentive package. As the authorities continued to burn midnight oil to prepare a...
Syful Islam The Ministry of Finance (MoF) has endorsed a banking sector suggestion not to involve any controversial individuals in the process of revamping the stock market, officials said Tuesday. The Association of Bankers Bangladesh (ABB) made the suggestion to...
Indian Ministry of External Affairs (MEA) Tuesday said a 'Promoter's Agreement' on the Tipaimukh Hydroelectric Project was signed on October 22 to set up a Joint Venture Company (JVC) between the Manipur government, NHPC Limited and Sutlej Jal Vidyut Nigam...
Munima SultanaThe long-awaited repair work of the damaged Meghna Bridge on the Dhaka-Chittagong road transportation corridor -- the country's busiest one -- is yet to see any forward movement on way to begin its operations. The government approved a Tk...
Nazmul Ahsan The government may impose regulatory duty on a large number of luxury items to discourage their imports and, thus, reduce pressure on the country's balance of payments (BoP). These items are now subjected to 25 per cent duty....
Nizam Ahmed A German consortium is likely to get the approval of a deal to invest Tk 67 billion for upgradation of the country's lone Eastern Refinery Limited (ERL) under a Private Public Partnership (PPP) project, officials of the ministry...
The Securities and Exchange Commission (SEC) is expected to announce the stock market rejuvenation package at a press briefing today (Wednesday), officials said. SEC spokesperson and Executive Director Mohammad Saifur Rahman told the newsmen Tuesday that a press briefing had...
The industries ministry has been urged not to impose Tk 2000 as import duty on per tonne of sugar. The parliamentary standing committee on industries ministry at a meeting also suggested introducing refinery system at four more government sugar mills...
DHAMRAI, Nov 22 (UNB): Opposition Leader Khaleda Zia on Tuesday called for an immediate end to construction of the Tipaimukh dam in Manipur state of India, and for discussions between the Indian and Bangladeshi governments over the positives and negatives...
Election in the newly announced Comilla City Corporation will be held on January 5 next year, said the Election Commission (EC). Chief Election Commissioner (CEC) Dr ATM Shamsul Huda announced the polls schedule at a press briefing at the EC...
FE Report Chief Election Commi-ssioner (CEC) ATM Shamsul Huda said the EC (Election Commission) cannot alone ensure free, fair and credible elections and urged all the stakeholders, including politicians, to come up with their supportive role. "The EC is doing...
An emergency meeting of the BNP will be held at its Naya Paltan central office today (Wednesday) ahead of party chairperson Khaleda Zia's Nov 26-27 Dhaka-Khulna road march, reports UNB. The meeting will be held at 11.00am, said a party...
SYLHET, Nov 22 (bdnews24.com): Local BNP has called a dawn-to-dusk general strike in Sylhet on Dec 1 to protest against the agreement signed in India over the Tipaimukh dam and the government's 'keeping silence' over the issue. The decision to...
A Dhaka court has sent Gulshan Ara Begum, wife of ruling Awami League (AL) leader Haji Mohammed Selim, to jail after she surrendered in a case in which she was convicted of helping her husband amass illegal wealth. She has...
FE Report BGMEA president Shafiul Islam Mohiuddin on Tuesday urged European Union to keep away trade from aid as Pakistan appealed for attaining GSP (generalised system of preferences) recently as support for the flood affected nation. He said Bangladesh would...
Shah Alam Nur The Libya returnees are not getting priority from the authorities in the resending process to that country despite the government's repeated assurances to do so. Bangladeshi workers who returned from war-torn Libya earlier this year are hardly...
FE Report International development organisation WaterAid, Bangladesh and Swedish International Development Cooperation Agency (SIDA) Sunday signed a cooperation agreement to help the country's urban poor with access to safe water, hygiene and sanitation, said a release. According to the deal,...
Despite low price of food grains, the government could not yet decide to procure Aman rice for lack of adequate space in silos, reports UNB. "There's no adequate space in government godowns. So, we can't procure adequate rice this season....
The Primary Terminal Examinations-2011 for the students of general and Madrasah education will begin across the country today (Wednesday) with some 2.637 million students participating in the exams. The Directorate of Primary Education (DPE) announced the schedule at a press...
A visiting Myanmar delegation, led by deputy commander-in-chief of Defence services and commander-in-chief of Armed Forces Lt Gen Soye Wine, met Bangladesh army chief General Md Abdul Mubeen on Tuesday, reports UNB. Various professional matters came up for discussion at...
FE Report Commuters on Abdullahpur-Motijheel route will experience ticketless travelling from January next year on BRTC buses that is expected to cut the time and hassles of purchasing tickets from the counters. The government will introduce pre-paid 'smart credit' to...
Doulot Akter Mala The National Board of Revenue (NBR) has formed a five-member committee in a bid to introduce the new VAT software to the big businesses, paying tax above Tk 5.0 million. The revenue board is set to introduce...
Twelve students seeking admission to the business faculty of the Dhaka University (DU) have moved the High Court (HC) to order the DU authorities to issue admission directives in line with the re-evaluated results of the 'Ga' unit test. "The...
I could have dealt with the size of the national budget for fiscal year (FY) 2011-12 at length covering the current expenditures, their sectoral distributions indicating priorities including social safety nets and subsidies, the Annual Development Programme (ADP) of Tk...
Though the nearby fire service station was just two kilometres away from the spot, it took them half-an-hour to reach there due to the narrow, congested roads and huge traffic jam. Only for this problem, the utility of emergency services...
Already climate-induced changes have hit Bangladesh hard and now if the Tipaimukh Dam is constructed, its adverse impact on the country might be devastating and the loss may well be an irreversible one, argues Shafiqul Alam According to media reports,...
Restoring the severely battered confidence of the investors, particularly the small retail ones, should be the main focus in overcoming the ongoing turmoil in the country's capital market. Restoring the confidence of investors is a long-term process and it will...
The move to construct the second bridge over the river Meghna on the country's most commercially important Dhaka-Chittagong highway has raised at least a couple of questions that deserve priority attention of the policymakers. The first question relates to the...
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