Police arrested an associate of Siddiqul Islam, alias Bangla Bhai, leader of the banned Islamist outfit Jamaat-ul-Mujahideen Bangladesh (JMB), from Naogaon. The arrested, hafez Masud, an operation officer of JMB, was held from Maskipur Bazar of Atrai early Saturday. He...
Jatiya Party chairman HM Ershad has returned to his Baridhara home Saturday following five days in hospital. Kazi Firoz Rashid, one of the party's presidium members, said he returned home at 9:30am. He had been admitted to United Hospital in...
Jasim Uddin Haroon, back from MukterpurFrequent power outages and gas crisis have been taking heavy tolls on the country's cement sector as the manufacturing units are producing 30 to 40 per cent less due to the utility disruption.Ironically, many cement...
The government has ordered all the public offices related to power generation, transmission and distribution to remain open on Saturdays until further notice, reports UNB. Weekly holidays of all these offices are cut to one day on Friday, ostensibly with...
FE ReportThe construction of the much-awaited Joydevpur-Narayanganj 32km-long elevated expressway will significantly ease traffic congestions in the city, Communications Minister Syed Abul Hossain said.The ministry has already shortlisted four bidders out of nine, following a pre-qualification bid, the minister said...
FE ReportViolence marred the biennial (2010-12) election of Bangladesh Association of International Recruiting Agencies (BAIRA) Saturday, ending in partial withdrawal of one panel out of the race.Sammilito Gonotantrik Front submitted a written complaint to the BAIRA office following a violent...
FE ReportKnitwear manufacturers and exporters Saturday proposed formulation of a monitoring cell to control and fix yarn prices within three days.Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) President Fazlul Hoque made the proposal as the price increased 60 cents per...
FE ReportGanotantrik Parishad (democratic council), led by Golam Dostagir Gazi Bir Protik, MP, has been formed to choose competent leadership in the election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) scheduled for June 17 this year....
FE ReportDhaka WASA has begun rehabilitation and development work of Abdullahpur canal as part of its moves to reduce waterlogging in the capital. Engineer Dr Golam Mustafa, chairman of Dhaka WASA Board, inaugurated the excavation and development work Thursday, said...
THIMPHU, April 24 (bdnews24.com): The 16th meeting of the South Asian Association for Regional Cooperation officially started on Saturday when the senior officials of the member countries sat to finalise the agenda for the summit on April 28-29. Government officials...
THE national savings certificates (NSCs) have been popular with both the savers and the only seller, the government. However, their skyrocketing popularity, of late, has become a source of serious concern for many, including the seller itself. The total sale...
Shahiduzzaman KhanPRIME Minister Sheikh Hasina castigated the Rajdhani Unnayan Kartripakkha (RAJUK) for its past negligence that led to the unplanned growth of the capital Dhaka city. She said this agency had allowed scores of buildings to be constructed without any...
Fahima AkhterWhat is brain drain? It is the depletion of the intellectual or professional resources of a country through immigration. Such a migration has gone on for decades and in some measures for centuries. The climate, natural resources and relative...
The new forms of investments by the banks have proved to be popular. For example, according to a recent report in this paper, the purchases of 90 per cent of privately owned cars on the roads of Dhaka city during...
It's really great to learn that some farmers in Laxmipur upazila have been reaping wonderful harvests of soyabean over the past quarter century. It's rather surprising though that ordinary folk here have not yet learnt to add it to their...
We, who do honest business, know only too well that our good neighbour India is incapable of fairplay with regard to Bangladesh ---- in all respects. While we stick our necks out to please them and show their commercially important...
Shamsher ChowdhuryOf all the cardinal institutions of a democratic state, the most important one is its judiciary. No free judiciary, no democracy. In this country there has never been a judiciary that is free and independent. From lawyers up to...
Gregory R. CopleyCURRENCY, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of fidelity, whether positive or negative. At present, the...
by A.B.M Ahsanullah As the Dummy appears, a declarer knows the combined strength of two hands, counts his "Chicks" and romps through his contract. A casual declarer often at the risk of a contract. The case in point is a...
MUMBAI, Apr 24 (PTI): The stock markets bounced back on strong fourth quarter corporate results and forecast of a normal monsoon in 2010 for the country with the Bombay Stock Exchange's benchmark Sensex recovering 103 points in the past week....
Ace Autos (Pvt) Ltd has been awarded prestigious distributorship for both passenger and commercial vehicles Great Wall Motors, China.Now, Great Wall is offering its first month-long nationwide service campaign recently. Cultural Counselor of Embassy of the People's Republic of China...
NEW DELHI, Apr 24 (Reuters): DLF Ltd , India's largest-listed real estate firm, said Saturday one of its units had bought 245 million compulsorily convertible preference shares in a group company, DLF Assets, from private equity firm SC Asia Pte...
Emirate Sky Cargo has introduced a scheduled weekly Boeing 777 freighter service to Dhaka to provide additional cargo capacity to Bangladesh's growing export market.The cargo division of the Dubai based airline carried a record 2,000 tonnes of cargo from Dhaka...
MEXICO CITY, Apr 24 (Bloomberg): Mexico's benchmark peso bonds posted the biggest weekly gain in more than a year after consumer prices unexpectedly fell in the first half of April. The yield on the nation's 10 per cent bond due...
NEW YORK, Apr 24 (Reuters): The global credit crisis may have eased, but the hangover is still punishing some of the largest US borrowers in the credit derivatives market.Credit default swaps, contracts that insure against debt defaults, are treating debt-laden...
NEW DELHI, April 23 (Bloomberg): Cotton rose, posting the biggest weekly gain in two months, on signs of increasing demand amid a halt in exports by India, the world's second-largest shipper. Orange juice also gained.US durable-goods orders, excluding transportation, jumped...
NEW YORK, April 24 (AP): Oil prices rose above $85 Friday helped by strong sales of new homes that surged last month from a record low in February.Meanwhile, efforts to resolve Greece's debt crisis and its impact on economic recovery...
LONDON, April 23 (Bloomberg): Gold may advance as investors seek a haven in precious metals from the possibility of debt defaults, a survey showed.Fifteen of 20 traders, analysts and brokers surveyed by Bloomberg, or 75 per cent, said gold may...
NEW DELHI, April 23 (Bloomberg): Sugar slid to a three-week low in New York on forecasts for favorable weather in India, the world's second-biggest producer.Rains from June to September may be 98 per cent of the 50- year average, the...
LONDON, April 24 (Bloomberg): Cocoa rose to the highest price in more than two months on speculation that a global production shortfall will worsen as demand strengthens. Coffee also gained.Output will trail consumption by 124,000 tonnes in the year ending...
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