Syful Islam | 2011-03-26 00:00:00
Syful IslamThe government is considering relaxation of the condition relating to 'mandatory tax return submission' by the non-resident Bangladesh (NRB) sponsors of the proposed NRB bank, a top official of the Ministry of Finance (MoF) said Friday. Finance Minister AMA...
FE Report | 2011-03-26 00:00:00
FE Report A delegation of the International Monetary Fund (IMF) will visit Dhaka from April 4 to April 12 to assess the safeguard mechanism of the Bangladesh Bank (BB). The team will evaluate the standards of the procedures that the...
Doulot Akter Mala | 2011-03-26 00:00:00
Doulot Akter MalaThe finance ministry has instructed the revenue board to frame separate policies for its three wings - income tax, value added tax (VAT) and customs - to provide incentives to the taxmen on the basis of individual performance....
BRUSSELS, Mar 25 (agencies): North Atlantic Treaty (NATO) will take command of enforcing the no-fly zone over Libya following Thursday night's agreement. The organisation's Secretary General Anders Fogh Rasmussen made clear that other aspects of the operation would remain in...
FE Report | 2011-03-26 00:00:00
FE Report Agriculture Minister Begum Matia Chowdhury said Friday local scientists can play an important role in innovating new vaccines for protecting the sector from bird flue considering its significant contribution to the national economy. "The scientists should invent vaccines...
FE Report | 2011-03-26 00:00:00
FE ReportOutgoing BGMEA president Abdus Salam Murshedy demanded Thursday a separate ministry for the garment sector in an effort to cut red-tape affecting the country's largest industrial sector. Murshedy said garment exports from Bangladesh could lose competitive advantages and investment...
FE Report | 2011-03-26 00:00:00
FE ReportIndustries Minister Dilip Barua put emphasis on raising industrial capital with a view to boosting economic growth and employment generation in the country. He said for the past eight years electricity production was low. He said the present government...
Monira Munni | 2011-03-26 00:00:00
Monira MunniBangladesh has sent its arguments--post hearing submission-- in written form to the Turkish government in a desperate attempt to block Ankara from enforcing 'safeguard' duty on its apparel imports, officials said Thursday. "We hope to keep Turkey from enforcing...
FE Report | 2011-03-26 00:00:00
FE ReportPrices of fish witnessed a fresh hike while that of rice and edible oil maintained the high trend in the city's kitchen markets, traders said Friday. Fishermen could not catch fishes due to unfavourable weather and this had created...
Bangladesh Inland Water Transport Corporation (BIWTC) is planning to add 14 new water buses soon to its existing fleet to cater to the increased passengers' demand, a senior official in the Corporation said. The total number of water buses will...
JAMSHEDPUR, Mar 25 (PTI): Leading automobile company Tata Motors today became the first Indian company producing one lakh commercial vehicles in a financial year. "It is really a proud moment for the company as Tata Motors has become the country's...
HONG KONG, Mar 25 (Xinhua): Hong Kong's total exports of goods rose 24.9 per cent year on year in February to 227.8 billion HK dollars (29.2 billion US dollars), and the re-exports of goods grew 25.2 per cent from a...
NEW YORK, Mar 25 (AP): Fixed mortgage rates edged up this week, but even 30-year rates below 5 per cent have done little to boost home sales. Freddie Mac said Thursday the average rate on the 30-year fixed mortgage rose...
HANOI, Mar 25 (AFP): Vietnam's trade deficit eased slightly in the first three months of 2011, official estimates showed Friday, in a boost for the government as it battles to stabilise its troubled economy. The deficit is forecast at $3.03...
SYDNEY, Mar 25 (AFP): Australian senators have extended by two-and-a-half years the deadline for completion of the country's national broadband network in order to connect an extra million homes. The company building the Aus$36 billion ($36 billion) system, NBN Co,...
KUALA LUMPUR, Mar 25 (AP): Malaysia's auto sales are on track to grow two per cent to a record 618,000 vehicles this year, although production could be disrupted in coming months by parts shortages following Japan's earthquake and tsunami. Sales...
SYDNEY, Mar 25 (AFP): Hundreds of people queued for up to two days to get their hands on the iPad 2 which went on sale in Australia Friday for the first time. Apple's latest touchscreen tablet computer hit stores in...
SAU PAULO, Mar 25 (AFP): Brazil's Embraer, the world's third largest commercial airplane manufacturer, Thursday announced over $340 million in profits in 2010. The company said in a statement that it had posted profits of 600.2 million reals, or $341...
NEW DELHI, Mar 25 (AFP): India's aviation regulator said Friday it had cancelled the licences of 14 more commercial pilots caught forging their qualifications in a spreading scandal that has rocked passenger confidence. Cases of pilots exaggerating their flying time...
TOKYO, Mar 25 (agencies): A suspected breach in the reactor core at one unit of a stricken Fukushima nuclear plant could mean more serious radioactive contamination, Japanese officials said Friday, revealing what may prove a major setback in the mission...
YANGON, Mar 25 (AP): A strong earthquake that toppled homes in northeastern Myanmar has killed more than 120 people, and there were fears Friday the toll would mount as conditions in more remote areas became known. The Thursday night quake,...
SANAA, Mar 25 (Reuters): President Ali Abdullah Saleh said Friday he was ready to cede power to prevent more bloodshed in Yemen but only to what he called "safe hands" as a massive "Day of Departure" street protest against him...
DARAA, (Syria), Mar 25 (AFP): Syrian activists vowed to push on with rallies against "injustice and repression" Friday after weekly Muslim prayers, dismissing reform pledges announced by the authorities. Facebook group The Syria Revolution 2011, which has attracted almost 78,000...
PARACHINAR, (Pakistan), Mar 25: Gunmen attacked a minibus carrying mostly Shiite Muslims and killed eight people on Friday in a stretch of northwestern Pakistan that has seen a recent peace deal between rival Sunni and Shiite tribes, a government official...
NEW DELHI, Mar 25: Indian aviation authorities have canceled the licenses of 15 commercial pilots for exaggerating their flying time during training, an official said Friday. The pilots received their eligibility certificates from a flying school in the northwestern state...
ABIDJAN, Mar 25: Ivory Coast strongman Laurent Gbagbo's camp said Friday that the use of force was not a solution to the country's post-electoral crisis, and called anew for inter-Ivorian talks. -AFP
CAESAREA,Mar 25: Defence Secretary Robert Gates made the first trip by a U.S. defense chief to the West Bank city of Ramallah on Friday, meeting with Palestinian Prime Minister Salam Fayyad and continuing to push for peace despite the recent...
NEW DELHI, Mar 25 (AFP): India's aviation regulator said Friday it had cancelled the licences of 14 more commercial pilots caught forging their qualifications in a spreading scandal that has rocked passenger confidence. Cases of pilots exaggerating their flying time...
FE Report Dhaka stocks finished lower than the previous week as sell pressure gripped the investors in the last three sessions of the week amid high volatility in all the five trading sessions. Starting the week positively the benchmark index...
ICB Asset Management Company Limited, a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed Net Asset Values (NAV) of two unit funds Thursday. They are: ICB AMCL Pension Holders' Unit Fund and ICB AMCL Unit Fund said a press...
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