Monira MunniThe country fetched US$242 million from export of jute goods and raw jute during the July-November period of the current fiscal year marking a return to its past glory.According to Export Promotion Bureau (EPB), raw jute export from the...
Sonia H MoniThe courier service companies are sceptical about the proper application of legal framework which is assured by the recently-passed Post Office Amendment Act-2009 in a bid to raise the standard of the postal services. The government has taken...
FE ReportThe 6th Dhaka International Plastic, Packaging and Printing Industrial Fair-2010 will begin tomorrow (Monday) for showcasing local plastic goods, raw materials and machinery."The four-day long fair will be held at Bangabandhu International Conference Centre," Ferdous Wahed, president of Bangladesh...
The shareholders of Social Islami Bank Limited (SIBL) has approved proposal for split of face value of its shares from Tk 100.00 to Tk 10.00.The approval came at the sixth extra-ordinary general meeting (EGM) of the bank at a city...
Jamuna Bank Ltd and Bangladesh Bank (BB) signed an agreement on refinancing scheme at the central bank conference room in the city recently. Under the scheme, Bangladesh Bank will provide support for solar energy, biogas and effluent treatment plants, said...
IDLC Finance Limited has recently donated blankets among the cold-hit distressed people on the company's branch premises in Bogra districts, according to a press release.IDLC Finance Chief Executive Officer (CEO) and Managing Director Selim RF Hussain distributed the blankets among...
FE ReportA local company, namely M/s Arrow Fabrics (Pvt) Ltd will expand its garments manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ), said a press release.This 100 per cent locally-owned company will invest US$ 1.74 million in setting up...
Md Amanullah has recently joined as the Managing Director (MD) and Chief Executive Officer (CEO) of National Asset Management Limited (NAML), according to a press release.Prior to joining NAML, he was the MD of Bangladesh Shilpa Bank. Mr Amanullah obtained...
ACI 20pc Convertible Zero Coupon BondsSubscription OpenJanuary 31, 2010Subscription CloseFebruary 04, 2010For Non resident BangladeshisJanuary 31, 2010 to February 13, 2010Total Issue Size1,335,850 Convertible Zero Coupon Bonds ofTk 1,000 each totaling Tk 1,335,850,000.Private Placement801,510 Convertible Zero Coupon Bonds of Tk...
Foreign Secretary Mijarul Quayes said that Bangladesh was making all-out efforts to strike a long- term deal with neighbouring India on water sharing of the Teesta river."We are talking about a long-term deal...we also want to make such an agreement...
The European Union (EU) says it has been following the judicial proceedings of the Bangabandhu murder case, BDR mutiny cases and preparations for trying 1971 war crimes, but it opposes death penalties in any of these cases of "politically motivated...
Shahbagh police has recorded a complaint by Jatiyatabadi Chhatra Dal (JCL) over last week's violence at Dhaka University (DU), reports bdnews24.com.The complaint, filed on Jan 20 against 14 persons, was recorded as a case Friday after preliminary investigation, said Nazim...
The historic Mass Upsurge Day will be observed today (Sunday) to commemorate the valiant sons of the soil who sacrificed their lives in the 1969 student-people uprising that culminated in the independence of Bangladesh in 1971, reports UNB.This day (January...
Our CorrespondentCHITTAGONG, Jan 23: Bangladesh Inland Container Depot Association (BICDA) in a statement to the press has hailed the government for Bangladesh-India bilateral memorandum of understanding signed during the recent India visit of Prime Minister Sheikh Hasina.President of BICDA Nurul...
Frankfurt, Jan 23 (UNB): The German government has relaxed its education-related laws allowing students of the non-EU countries like Bangladesh to build career here on completion of their higher education.As per the new law, students of the non-EU countries will...
Prime Minister (PM) Sheikh Hasina urged the filmmakers to make at least one quality film for children every year, and announced cash incentives for such innocuous films that will inculcate values and vision of life into the children's mind, reports...
PABNA, Jan 23 (UNB): No vessels and barges loaded with fertiliser, fuel and rice could reach Baghabari port for the last 18 days due to poor navigability in the river Jamuna, virtually brining the activities of the port into a...
The results of admission test for the first year honours courses under the National University (NU) for the academic session 2009-10 will be published tomorrow (Monday), reports UNB.The results will be available at the websites: www.nuadmission.com; www.nu.edu.bd ; www.nu-ba.info (for...
BOGRA, Jan 23 (UNB): A labourer was killed and another two were injured in a gas cylinder explosion at a fish enclosure at Santahar Silo road in Adamdighi Upazila Friday.
News Editor of The Bangladesh Observer Ashraf Ali died of brain tumour ailment Saturday at the age of 66, reports BSS.He is survived by his wife, one son and two daughters.He was buried at his family graveyard at Turagaon village...
Research Director of Bangladesh Institute of Development Studies (BIDS) Omar Haider Chowdhury passed away at a city hospital Friday, says a press release. He died at the age of 65. He was suffering from heart disease for a long time....
FE Report Citigroup has identified three concerns that might fuel inflation in Bangladesh, but a higher agricultural growth could help keep the average inflation within 6.5 per cent in this fiscal. Three concerns are pay scale revisions for government employees,...
Zaidi SattarSome two decades ago, economists surmised that income gaps between developed and developing countries would continue to widen with no possibility of catching up in the foreseeable future. Early in the 21st century that notion has been turned around....
Doulot Akter MalaPlanning ministry has identified irregularities in a project of revenue board titled 'reforms in revenue administration' (RIRA) saying the implementing authority has extended time and raised cost without the consent of the Planning Commission.Implementation, Monitoring and Evaluation Department...
M Azizur RahmanThe government will float tender by June this year for a US$1.0 billion liquefied natural gas (LNG) terminal to ease the gas crisis and meet country's long-term energy needs, officials said Saturday"We are hoping to invite international bids...
FE ReportBangladesh Bank Governor Atiur Rahman has criticised the private banks for their apathy to support poor farmers although the agriculture sector helped the country overcome the effects of the global economic crisis."Private banks take deposits but do not give...
The three-day annual Muslim congregation Biswa Ijtema ends today (Sunday) through the 'akheri munajat' on the banks of the Turag River at Tongi the, reports BSS. A couple of million devotees from home and abroad are participating in the second...
RANGAMATI, Jan 23: The 15th landport of the country on the frontier between Ramgarh under Khagrachhari of Bangladesh and Sabrum under Tripura state of India would start functioning soon. Official sources said both the countries reached a consensus in this...
About 23 per cent of Bangladesh adults above 15 years of age smoke. The Global Adult Tobacco Survey (GATS)-2009 available Saturday said an estimated 21.9 million adults, including 21.2 million males and 0.7 million females, are smokers in the country....
FHM Humayan KabirThe government has allowed additional seven local firms to import one-day chicks from bird-flu affected India that might again put the country's struggling poultry industry in danger with a fresh outbreak of avian-influenza virus, experts said Saturday.Officials said...
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