FE ReportThe Director General (DG) of ADB's South Asia Department Dr. Sultan Hafeez Rahman during his meeting with high-ups of the government hinted at the possibility of raising the Bank's assistance for construction of the Padma Bridge.He also urged the...
Beximco officials say they believe the long-drawn harassment of their chiefs is finally over after a court on Tuesday dismissed two last remaining cases against them, reports bdnews24.com. A string of cases were filed during the military-installed 2007-8 caretaker government...
Munima SultanaThe Tk 30-billion-sector involving CNG filling and conversion has been facing threats to existence owing to huge incurring losses amid unabated load shedding and gas crises.Official statistics say four CNG stations have already been declared laid off while 50...
FE ReportThe country's apex chamber has proposed the government to raise tax-free ceiling for individual taxpayers to Tk 200,000, cut the upper rate of corporate tax to 40 per cent, fix 1.0 per cent duty on capital machinery import in...
FE ReportDhaka stocks closed slightly higher Thursday riding on financials, with turnover climbing to 17-week high.The benchmark DSE General Index (DGEN) ended at 5615.28 with a gain of 18.25 points or 0.32 per cent, after falling on price correction in...
Bangladesh Bank (BB) has arranged a $250 million special fund for financing power projects under the Public-Private Partnership (PPP) initiative, reports BSS."The World Bank (WB) has agreed to provide the fund to help improve Bangladesh power sector," BB Governor Dr...
Prime Minister Sheikh Hasina has been cleared in another graft case filed during the past BNP-Jamaat regime, as the High Court Thursday quashed all proceedings against her in the Meghnaghat Power Plant case, reports UNB.After hearing the long-pending petition, an...
The central bank has asked banks to furnish updated list of directors among all banks and non-banking financial institutions (NBFIs) within a week, officials said Thursday. Bangladesh Bank (BB) issued a circular in this connection and asked the chief executives...
One person was seriously injured, as a procession of the National Committee for the Protection of Oil, Gas, and Mineral Resources was attacked. The procession, demanding an end to power and water crisis, was attacked in front of Dhaka College...
RAB detained two suspected gunrunners and two of their associates with a cache of firearms and ammunition from Ghatarchar in Keraniganj, on the outskirts of the capital, Thursday. — FE Report
Our CorrespondentCHITTAGONG, April 22: The meeting to resolve the problems faced by the shipping agents in getting permission to discharge hazardous cargo from the ships at Chittagong Port ended without any solution Thursday.The meeting, held at the office of Commodore...
Kayes M Sohel The securities regulator has ordered three laid-off companies to hold extraordinary general meeting immediately to appease the concerns of their shareholders, its chairman said Thursday. The companies- Apex Weaving, Monno Fabrics and Modern Dyeing - have shut...
US Deputy Secretary of State James B Steinberg assured Prime Minister Sheikh Hasina of continuing US support and assistance in Bangladesh's development sectors, including making investments in the power and gas sectors, report agencies.He has also heaped high praise on...
From Fazle RashidNEW YORK, April 22: The NATO yesterday offered a public apology for shooting down four unarmed civilians in Afghanistan on Monday last. The incidents of Afghan civilians being killed by NATO or American forces have infuriated the people...
FE ReportThe country's next census will start in 2011 to find out the number of people living in Bangladesh and concrete data about their growth, age, sex, ethnicity, religion and social and economic status.The Bangladesh Bureau of Statistics (BBS) will...
FE Report The first ever sovereign credit ratings are a vote of confidence in Bangladesh as a promising investment destination, central bank governor Atiur Rahman said Thursday. "The deficiencies in power, gas and physical infrastructure now besetting us are growth...
The National Consumers' Rights Protection Directorate (NCRPD) Wednesday conducted a drive at Thatharibazar in the city aimed at making both consumers and producers aware of sub-standard goods in markets, reports UNB.NCRPD Director General M Abul Hossain Mia led the drive...
BENAPOLE, Apr 21 (Agencies): Cotton import through Benapole land port remained suspended from Wednesday morning as India, the world's second-largest cotton grower, halted exports to boost domestic supplies and cool prices that have jumped 27 per cent in the past...
FE ReportThe police Wednesday picked up eight people, including a friend of the sub-inspector shot dead in the city's Dholaikhal area Tuesday, for interrogation, the chief investigator said.Three unknown gunmen killed Gautam Roy, the second officer of Bangsal police station,...
The government has decided to appoint Suhrab Hossain as the new High Commissioner of Bangladesh to the Islamic Republic of Pakistan, reports UNB.Suhrab Hossain joined the Bangladesh diplomatic service in 1973. During his longstanding diplomatic career, he served as Bangladesh...
Our CorrespondentCHITTAGONG, Apr 21: In a joint drive police and RAB today seized a large number of rotten eggs from Pahartali in the city. Police said they had seized 65,000 rotten eggs in a covered van when it was entering...
DU CorrespondentDr Jamilur Reza Choudhury has been reelected president of Bangladesh Earthquake Society (BES) for the tenure of 2010-11.Other office bearers include Dr Munaz Ahmed Noor, Engr Abu Sadek and Dr Jahangir Alam on the committee.
The fourth death anniversary of former Deputy Principal Information Officer of the Government's Press Information Department (PID) Syed Salehuddin Mahmood will be observed today (Thursday), says a press release. A Doa Mahfil has been arranged after Asr prayers at Mirpur...
The first death anniversary of Advocate Mahmood Al Noor Tarek will be observed tomorrow (Friday). On the occasion Milad mahfil will be held after Asr prayers at Zilla School Jame-Masjid, Mymensingh and Koran Khwani at his residence. Destitute will be...
Shajahan Siddiqui and Almas Ali Khan were made president and secretary general of the Swadhinata Medical Technologist Parishad (SMTP) at a meeting in the city recently, said a press release.Akter Hossain Kiron and Abdul Hakim were also made organising secretary...
FE ReportFive Bangladeshi exporters have been awarded with the "HSBC Export Excellence Awards 2009" in recognition of their extraordinary contribution in achieving the country's export targets for years. The five exporters in five categories were formally honoured by the HSBC,...
Southeast Bank Limited has been awarded by Citibank NA as the largest contributor of foreign trade business in greater China-Bangladesh trade corridor, said a press release.This was disclosed at the launching ceremony of Citibank, NA, Bangladesh at the celebration of...
FHM Humayan KabirThe United States is going to launch a multi-billion dollar food aid fund for the developing countries, where Bangladesh might qualify to receive a significant amount of assistance, officials said Tuesday.The USA invited finance minister AMA Muhith to...
Our CorrespondentCHITTAGONG, Apr 21: President of the Chittagong Stock Exchange (CSE) Fakhor Uddin Ali Ahmed left Chittagong for Mauritius today to attend the three-day ninth general assembly of the South Asian Federation of Exchanges (SAFE). Mr Ahmed is the vice...
A Z M AnasBangladesh has forayed into the European market for kids' fun items as a Chittagong-based firm has been exporting the upscale items to Denmark since 2005. Coldplay School Products Ltd, operating at Chittagong Export Processing Zone, said the...
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