FE ReportDevelopment of the country's veterinary sector can meet the growing need for nutrition and contribute to achieving desired economic progress, said Fisheries and Livestock Minister Abdul Latif Biswas Tuesday."If people associated with the veterinary, fisheries and livestock sectors work...
Our CorrespondentRANGAMATI, June 29: Parbattya Chattagram Nagorik Committee (PCNC), a body of civil society leaders in Chittagong Hill Tracts (CHT), at a press conference here today demanded of the authorities concerned to postpone immediately the ongoing tasks being carried out...
FE ReportThe Jatiya Sangsad (parliament) Tuesday passed the finance bill 2010 with some changes in the original proposals. The proposal to deduct tax at the rate of 10 per cent from the interest on any income from the government savings...
Shamsul Huq ZahidThe National Board of Revenue (NBR) at the beginning of every financial year is given a revenue target. Failure to achieve that by any big margin at times draws flak, specially form the finance minister. Of late, rewards...
PRETORIA, June 29 (AFP): Paraguay beat Japan 5-3 on penalties following a 0-0 draw to reach the World Cup quarter-finals for the first time in their history Tuesday. Substitute Oscar Cardozo scored the decisive spot-kick at the Loftus Versfeld stadium...
FE ReportPrime Minister Sheikh Hasina said Tuesday her government would prioritise public interests and environment before it adopts the much-debated coal policy. "We shouldn't be impatient. We'll have to scrutinise every aspect of coal extraction," she said while addressing the...
FE ReportPolice Tuesday arrested three top leaders of Jamaat-e-Islami including the party head on charges of hurting religious sentiments of Muslims in a case that could ignite political backlash. Jamaat-e-Islami ameer Motiur Rahman Nizami, secretary general Ali Ahsan Mohammad Mujahid...
FE ReportDhaka stocks fell for the second straight session Tuesday, as the investors booked gains ahead of half-yearly closing.The market saw volatility with rally in the morning, and then, it started to slide steadily at close, as the investors took...
FE Report The inflow of foreign direct investment (FDI) in Bangladesh is much low despite high growth of the same in south-east Asian countries, chief of Board of Investment (BoI) said Tuesday.BoI Executive Chairman SA Samad said, "Our FDI is...
Nazmul AhsanThe finalization of separate pay scales for the staffs of Bangladesh Bank (BB) and three state-owned corporatised banks has hit a fresh snag. The committee of secretaries on separate pay scale has asked the Ministry of Law and Parliamentary...
FE Report The new British government plans to limit the number of workers entering the United Kingdom from outside Europe, a move taken to get Britain back to work and reduce the need for migrants.Home Secretary Theresa May announced the...
President Zillur Rahman returned home Tuesday from London after a medical check-up at Cromwell Hospital there. The President arrived at Hazrat Shahjalal International Airport at 8.20 pm by a regular Emirates flight after an overnight stopover in Dubai on his...
Export and import activities between Bangladesh and India through the Akhaura landport remained suspended Tuesday due to daylong work stoppage by Indian workers. Port and C and F Association sources said trade through the port was suspended from 8am, as...
The 30th Bangladesh Civil Service (BCS) preliminary examination will be simultaneously held in Dhaka, Rajshahi, Chittagong, Khulna and Sylhet cities at 10 am on July 30. Some 1,48,000 candidates will appear at the test against 2,572 posts including 1,741 in...
Mahmudur RahmanRoughly a year ago in this column the point of impending salary increases and the impact on the economy had been made. That was when the government, true to its election pledge had announced that a new pay scale...
FE ReportAnnual maintenance fee of beneficiary owner's account has been increased to Tk 500 from Tk 300 in a bid to boost the revenue the government's earnings, said an official of the securities regulator Tuesday.It will be effective from July...
Pankaj DastiderCHITTAGONG, Jun 29: The Chittagong Port Authority (CPA) is at loggerheads with many of its stakeholders over low productivity, increase of turnaround time of the vessels and extra costs situation of vessels working at the general container berths.The shipping...
FE ReportCity development authority will stop non-registered private land developers and real estate firms from developing plots and building flats in a move to clean up mess in urban development, the head of RAJUK said.Engr. Md Nurul Huda, chairman of...
Police allegedly beat an owner of a CNG three-wheeler to death in the city's Ramna area Monday night, reports UNB.The deceased was identified as Babul Miah, 35, a resident of Noyatola area under Ramna police station.Police, however, denied the allegations...
From Fazle RashidNEW YORK, June 29: Many banks in the US and Europe still remain heavily dependent on cheap money provided by the central banks. That reliance leaves them dangerously vulnerable to a new crisis, warned Switzerland-based Bank for International...
FE ReportThe authorised capital of Eastern Bank Limited (EBL) has been raised to Tk 12 billion (1200 crore) from existing Tk 3.30 billion (330 crore). The disclosure came at the 5th extra-ordinary general meeting (EGM) held in the city Monday....
Doulot Akter MalaThe country's revenue administration has roped in a record 325,000 new taxpayers in the outgoing fiscal year, boosting the number of direct tax givers to a million for the first time.The National Board of Revenue said the number...
FE ReportPlastic goods manufacturers and exporters Monday urged the government to withdraw the existing provision for submitting 100 per cent bank guarantee against import of plastic raw materials."Plastic goods exporters have been losing money in the form of interest for...
IFIC Bank Ltd organised a anti money laundering training workshop with all scheduled banks of Naogaon district at Naogaon recently, says a press release.SM Abdul Hamid, Chief Anti Money Laundering Compliance Officer of IFIC Bank Ltd inaugurated the workshop.Md Nazrul...
Kayes M SohelDhaka Stock Exchange is expected to go for online trading by December, in a move to net more new investors from home and abroad.Necessary infrastructure for introducing internet-based trading is being developed with the assistance of Cambridge Solution...
Munima SultanaThe government is considering four options to invite bidders for the 4.3 billion-dollar second highway connecting Dhaka with Chittagong as none of the two international firms was short-listed, officials said Sunday. An Indian firm and a US-China joint venture...
KFC, a trendy international restaurant chain, has added two new brand items to its menu. The items - 'Tower Zinger Burger and Spicy Thai Rice' - are guaranteed to be a hit among food lovers, said a press release.Transcom Foods...
The 13th Annual General Meeting of STS Holdings Limited, the owning company of Apollo Hospitals Dhaka was held at the board room of' the hospital, says a press release. Managing Director Khondoker Monir Uddin Ahmed presided over the meeting. He...
LONDON, June 28 (Reuters): European share rose in early trade Monday, snapping a four-session losing run, with financials gaining as the Group of Twenty (G20) agreed to provide more time to banks to adopt stringent rules.At 3:11 am ET, the...
M/s Nasco, Inc, a 100 per cent local-owned company, will invest US$5.126 million for setting up a textile manufacturing industries in Karnaphuli Export Processing Zone (EPZ), said a press release.The company will also create employment opportunity for 300 persons including...
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