The High Court (HC) has declared that the Chittagong Hill Tracts Regional Council Act of 1998 unconstitutional for violating the "sanctity of a unitary state", but that the CHT Peace Accord is legal, reports bdnews24.com. The bench of justices Syed...
FE ReportThe National Board of Revenue Tuesday directed all banks and non-banking financial institutions to furnish details of accounts of two Jamaat-e-Islami leaders and the editor of daily Amardesh, Mahmudur Rahman and his wife, bank sources said.The Jamaat-e-Islami, Bangladesh central...
Doulot Akter MalaThe National Board Revenue (NBR) is set to scrap advance tax payment system to obtain TIN for the taxpayers unwilling to come under tax-net after it found the system is slowing the pace of new taxpayers' survey.The NBR...
The offices of The Financial Express (FE) will remain closed today (Wednesday) on the occasion of the Bengali New Year’s Day (Pahela Baishakh). Therefore, there will be no issue of the FE tomorrow (Thursday).
A total of 75,000 pilgrims will perform holy Hajj this year from Bangladesh, of them 15,000 under government management, while 60,000 under private management. Religious Affairs Secretary Kamal Uddin Ahmed said this and announced Hajj Package-2010 at a press briefing...
TANGAIL, Apr 13 : Six bus passengers were killed and 30 others injured in a road accident at Bayoikhola in Basail Upazila Tuesday. The identity of the deceased could not be known immediately. Police said a North Bengal bound bus...
Siddique Islam The sovereign credit ratings that have been assigned by international agencies for Bangladesh will raise the country's acceptability in the global financial market, a Standard Chartered Bank (SCB), Bangladesh senior official said Tuesday. "Both the ratings are positive...
FE Report Sovereign ratings initiations are encouraging, but addressing infrastructure constrains remains a key concern of Bangladesh, the US-based Citigroup said in a statement Tuesday. "Growth in roads and telecommunications has been on track; while the power sector is a...
FE ReportThe parliamentary standing committee on finance ministry, for the first time, is going to make a few fiscal proposals for inclusion in the budget for the next (2010-11) fiscal year. The standing committee members have so far completed discussions...
NEW DELHI, April 13 (BSS): The Indian Supreme Court Monday asked the Centre to consider French cement company Lafarge's application for granting environmental and forest clearance and also look into the conditions proposed by Attorney General GE Vahanavati for lifting...
FHM Humayan KabirThe country's first-ever vision paper has begun facing setbacks in its finalisation as two government offices are now at loggerheads over its 'ownership', officials said Monday.A row between the planning division and the general economics division (GED) on...
FE ReportThe country's bourses are going to seek another chance for one year in the national budget of the fiscal 2010-11, to whiten the undisclosed money through the investment in the capital market with easier guidelines.Dhaka Stock Exchange (DSE) and...
FE ReportA devastating fire broke out at Garib & Garib Sweater Factory in Gazipur Tuesday one and half months after a blaze killed 21 workers and injured hundred others.The factory had resumed operation in the morning after a long closure...
FE ReportA leader of Bangladesh Chhatra League (BCL), student wing of the ruling party, was gunned down by unknown assailants at Pisciculture Housing Project area of Adabar in the city Tuesday, police said.The victim was identified as Mohammad Wahiduzzaman (23),...
The geographical territory that now constitutes sovereign Bangladesh came under conquests and influences by the external powers for six or seven centuries from the thirteen century onwards. The same left imprints on it. The colonial British rule lasted later for...
Talha J AhmadFROM the dark days of uncertainty, brutality and the shadow of extra-constitutional rule came a democratically elected government with a huge mandate. The thirsty, hungry and suffocated people expected to see reflection of their will, respect for their...
Shamsher ChowdhuryTHE Bangladeshis and the Bengalis have a longstanding cultural heritage they can rightly be proud of. I have, however, observed certain aspects of which I find are impediments to our development as a modern nation economically, politically, socially or...
Payoffs to criminals have been a part of the business scene in Bangladesh for a long period of time. However, such payoffs and other torments used to be considered as bearable by businesses and this feeling led to their sustaining...
THE government conducted a study in 1996 on the prospect of diamond cutting and polishing workshops/factories. A consulting firm was appointed, in collaboration with the United Nations Development Programme (UNDP), to carry out the study. The consulting firm, SL Mandawat,...
Our greatest failings have been in the sphere of leadership. Blessed with able, committed, dedicated and somewhat selfless and cooperative leaderships, Bangladesh could perform no less than the Asian success stories of today. The rate of advancements in different spheres...
Alamgir MorshedMOODY'S Investors Service, a US based credit rating agency announced for the first time its sovereign credit rating for Bangladesh as Ba3 just after a week of S&P's sovereign credit rating announcement of BB- on April 6, 2010. This...
Ripan Kumar Biswas"We may be poor, but we are not backward and one of the boons of being a Bangladeshi is our rich culture," Shakhi Basak, a student of department of mass communication and journalism of Dhaka University, was defending...
SINGAPORE, Apr 13 (Reuters): Asian shares fell Tuesday ahead of key earnings in the United States while the euro consolidated ahead of a Treasury bill sale by Greece later in the day. The Nikkei fell as much as 1.09 per...
Our CorrespondentGOPALGANJ, Apr 12: The farmers of Muksudpur in Gopalganj district are looking forward to harvesting a bumper onion crop this season.The farmers have already started the harvest and it will continue until the last week of this month, an...
The global customer base of Orascom Telecom Holding (OTH) continued to grow reaching almost 93 million subscribers, a 19 per cent growth over the previous year. Growth was the strongest in Bangladesh, up by almost 35 per cent, in Egypt,...
Bangladesh Investment Climate Fund, managed by International Finance Corporation (IFC), a member of World Bank Group, has recently organised a lecture for university students and faculty members in the city, said a press release.The lecture aimed at building universities' capacity...
MUMBAI, Apr 13 (Business Standard): The Sensex is now quoting at 17,823, down 29 points and the Nifty is 5,324, down 14 points.The markets have recovered considerably from the day's lows and have not looked back since. The credit goes...
KARACHI, Apr 13 (Business Recorder): The Karachi share market Monday witnessed correction of 29.27 points and closed at 10,557.19 points level, mainly due to profit taking opted by market players. The market opened on a positive note and the index...
NEW YORK, April 13 (Bloomberg): Oil declined for a fifth day amid forecasts of an 11th consecutive weekly gain in US crude supplies, signaling fuel demand in the world's biggest energy consumer may be slow to recover.US inventories of crude...
Our Correspondent NILPHAMARI, Apr 12: Shipping Minister Shahjahan Khan said that the demand for reopening of Chilahati landport in the district would be implemented soon. The minister was speaking at a reception accorded him by the local traders, importers and...
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