Munima SultanaA feasibility study will soon begin on the introduction of a dedicated bus lane between Uttara and Sayedabad in the city targeting easing of traffic congestion.Bangladesh Roads Transport Authority said buses of 32 routes are now using the Uttara-Sayedabad...
FHM Humayan KabirThe Asian Development Bank (ADB) has devised a costly lending progarmme for Bangladesh this year as it has increased its hard-term loans up from the softer ones in the revised aid scheme, officials said.Finance ministry officials have said...
THAKURGAON, May 14: Indian Border Security Force (BSF) shot dead two Bangladeshis and injured three others on Ratnai border in Baliadangi upazila Friday. The two deceased were identified as Parul (12), daughter of Jasimat of Barsa village, and Mujibur (24),...
SAVAR, May 14: Four persons were killed and three others critically injured at different road accidents on Dhaka-Aricha highway at Savar and Ashulia Thursday. One victim was identified as Fathema Begum (35) and other three could not be identified immediately....
KISHOREGANJ, May 14: Six more bodies were recovered today (Friday) after a motorboat capsized in Meghna River near Bazitpur upazila Wednesday, raising the death toll to 16. Local people recovered the six bodies from the river at 8:30am. The identity...
FE ReportA former central bank governor and a finance adviser asked the government to exercise caution while approving outflow of investment amid growing pressure from the business community to make capital account partially convertible. Bangladesh Bank governor Dr Atiur Rahman,...
BANGKOK, May 14 (AFP): Seven people died and more than 100 were injured in clashes Friday between Thai troops and "Red Shirt" anti-government protesters in Bangkok, emergency services reported.Six men and one woman were killed in the violence, which also...
FE ReportAt least 15 people, including a policeman, were injured on Friday in a clash between policemen and taxicab drivers, who went to Tejgaon police station to get their arrested colleagues released.Witnesses said nearly 200 taxicab drivers went to the...
FE ReportBangladesh has started issuing machine-readable passports to its citizens to comply with international standard, but long procedure and lack of adequate number of booths still cause sufferings to the people. Department of Immigration and Passport (DIP) at the capital's...
Sonia H MoniThe Privatisation Commission (PC) has ruled out the possibility of making state-owned enterprises (SoEs) financially viable under government management and suggested disinvestment to get rid of losses.Privatisation Commission Chairman Mirza Abdul Jalil told the FE: "State-owned industries incur...
Mehdi Musharraf BhuiyanIndonesia is looking for relocating its age-old apparel manufacturing industries to Bangladesh to take advantage of the country's duty free access facilities in the international market, a senior Indonesian diplomat said in the city Thursday.The ASEAN country, which...
FE ReportThe Dhaka Stock Exchange (DSE) passed the record-breaking week both in turnover and indices ending Thursday but profit taking took shines of its stocks amid ascending turnover.During the week, the benchmark DSE General Index (DGEN) shed 36.46 points or...
GREAT Britain is passing through an extraordinary time, politically. The May 06 general election produced a hung parliament. The uncertainties regarding the formation of a new government were over in five days of negotiations among the political parties. The Liberal...
Kazi Azizul IslamThe Amsterdam-based KPMG in a survey report placed Bangladesh with Indonesia, Malaysia, Pakistan, Philippines, Sri Lanka, Thailand and Vietnam, along with India on the list of emerging Asian IT services suppliers. The survey report, Asia-Oceania Vision 2020: Enabling...
Anisul IslamFunctionaries of the governments in Bangladesh who exercised power from time to time in the past have had their differences. But they have been remarkably united in repeating what has been proved to be nothing more than a useless...
IT is high time for Bangladesh to have effective consumers' organisations. The Consumers' Association of Bangladesh (CAB) appears to be the only one in the field. But even this body is yet to become a powerful entity.Not having these organisations...
Police reforms were much talked-about during the days of the last caretaker government. It was then suggested that such reforms, had the same been carried out during the tenure of the caretaker, would not have burdened the elected government by...
Abu Sayed Md. Shaykhul IslamThe National Board of Revenue (NBR) is possibly now in the last stage of finalizing the tax proposals of the the national budget for the next fiscal. In order to feel the pulse of the business...
Hafizul Islam MianSadaqah/Donations: Sadaqa is the one of the voluntary economic instrument. No limit and eligibility criteria are required for performing contributions to the needy. It can be diverted, apart from the eight heads mentioned for the distribution of zakat,...
HONG KONG, May 13 (Reuters): Asian stocks rose Thursday as fresh austerity measures promised by Spain and Portugal gave investors hope that Europe's debt crisis can be contained, while IBM's strong profit forecast gave a further boost to tech shares....
MUMBAI, May 13 (Economic Times): Benchmarks ended in the positive terrain but off intra-day highs Thursday as traders resorted to profit booking at resistance levels. Gains in realty and auto were offset by losses in metals and oil & gas...
MUMBAI, May 13 (Reuters): Britain-based Standard Chartered's share sale in India will open from May 25 to 28, the bank said Thursday. The sale of shares through Indian Depositary Receipts (IDRs) will be the country's first such issue. StanChart will...
LONDON, May 13 (Reuters): A post-EU rescue plan stock rally remained in place Thursday with emerging market shares up more than 1 per cent and global stocks in general adding to the week's gains.The euro was also stronger, but traded...
FE ReportSyed Golam Maula of Novo Cargo Services Ltd and SA Barkat of Sundarban Courier Service Ltd have been elected president and general secretary respectively of Bangladesh Covered Van Association for 2010-11 term.They were elected in the biennial general meeting...
Our CorrespondentGAZIPUR, May 13: Compost fertiliser and urea are being produced from human wastage here. Urine was used as insecticides. A non-governmental development organisation 'Practical Action' developed the technique by creating special environment friendly toilet by which separated the urine...
NEW DELHI, May 13 (PTI): Market regulator SEBI today asked mutual fund houses to disclose the details of investor complaints on websites, as well as in annual reports, to enable clients to make more informed decisions. "Mutual Funds shall henceforth...
KARACHI, May 13 (Business Recorder): The board of directors of Karachi Stock Exchange Wednesday approved introduction of two new indices ie oil and banking. Initially, some four companies including Oil and Gas Development Company and Pakistan State Oil would be...
SINGAPORE, May 13 (PTI): Singapore's Singtel said Thursday that it expected Bharti's near-term earnings to be diluted by the cost of funding the acquisition of Zain's African mobile operation and investment in 3G spectrum.It also noted Bharti's intention to leverage...
LONDON, May 13, (AFP): World oil prices fell today, under pressure from a strengthening dollar that makes dollar-priced crude more expensive for buyers using weaker currencies. New York's main contract, light sweet crude for June delivery, dropped 70 cents to...
RB Group, country's largest and renowned electrical, electronics and automobiles products using the brand name Walton inaugurated its exclusive showroom Maria Electronics, Sarulia, Demra in the city, recently, says a press release. Director of Walton and Film Actor Ilias Kanchan...
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