Prime Minister (PM) Sheikh Hasina categorically said in the Jatiya Sangsad (JS) Wednesday that she did not sign any "secret deal" with India during her recent visit to the neighbouring country, reports BSS. While replying to a supplementary from independent...
FE ReportDhaka stocks Wednesday witnessed the biggest single-day fall in six months, triggered by securities regulators' latest move to cap on upswing of the market flooded with fresh funds.The benchmark DSE General Index (DGEN) tumbled 103.73 points --- its biggest...
Munima SultanaThe meeting of co-financing monitoring committee of the Padma Bridge project ended Wednesday without any major decision as the Japanese funding agency insisted on building separate structures for road and rail.The government wants the bridge to have two tiers...
Nazmul AhsanThe Metropolitan Chamber of Commerce and Industry (MCCI) urged the government to finalise the coal policy, bring major industrial belts under the railway network and lower the bank interest rate for export-oriented industries.The chamber also demanded a direct flight...
The Securities and Exchange Commission (SEC) has narrowed the loan margin to 1:1 from 1:1.5 for the merchant banks in a move to tighten the flow of fund into the stock market. The loan margin will be effective from February...
The Election Commission (EC) Wednesday declared vacant the Bhola-3 constituency of the Jatiya Sangsad in line with the High Court verdict cancelling the parliament membership of Awami League lawmaker Major (Retd) Jasimuddin. —BSS
The Public Servants (Retirement) (Amendment) Bill 2010 was passed in the House Wednesday. Earlier on January 27, Agriculture Minister Matia Chowdhury, tabled the bill proposing amendment for enhancing the retirement age of Freedom Fighter public servants to 59. — BSS
FE ReportThe National Board of Revenue (NBR) Wednesday said the board will be able to achieve the revenue collection target of Tk 610 billion in the current fiscal."We have assured the finance minister that the NBR will achieve the tax...
FE Report Bangladesh Bank has asked the commercial banks to provide information on opening and settlement of import LCs (letters of credit) of 13 essential commodities on weekly basis for better monitoring."We've asked the banks to furnish such information in...
FE ReportA six-year old student of Wills Little Flower School was crushed under the wheels of a bus in front of the school at Kakrail in the city Wednesday, police said. The child's mother was also injured in the tragic...
FE ReportCoal extraction from the country's lone coalmine at Barapukuria continues despite enforcement of strike by a section of local miners, officials said Wednesday.The striking miners numbering around 1,100, employed on temporary basis by the Chinese contractor, are demanding enhancement...
FE Report Bangladeshis working abroad sent home a record US$950.92 million in the first month of the calendar year, marking an 8.81 per cent growth over the previous month, officials said Wednesday. "The inflow of remittances picked up in January...
Twice-superseded judge of the Appellate Division of the Supreme Court Mohammad Fazlul Karim is going to get the appointment as Chief Justice, a competent source in the Law Ministry told the UNB.The President will make the appointment in exercise of...
Millers in Rangpur have reportedly been using urea, this time to polish rice whiter than normal, to fetch a better price. It is unbelievable that these offenders are still unaware of the toxic effects of residual urea on the health...
Enayet Rasul BhuiyanThe immediate past caretaker government is criticized not unfairly for many of its transparent failures : the inability to conduct the anticorruption campaign neatly and effectively, for excesses committed against individuals-- violating their fundamental rights-- while carrying out...
Mahmood RashidThe state owned enterprises (SOEs) under various sector corporations of the government have been a source of continuing drain of public resources . The losses have been rising, ebbing somewhat and rising again over the years. On the whole,...
STRONG evidence is there that two metro cities -- Dhaka and Chittagong -- have emerged as the main centres of economic activity of the country. The capital Dhaka with a population of about 15 million and the port city Chittagong...
BANGLADESH needs to address its deficiencies in medical education and service. The affluent go abroad for treatment whenever they need it. It speaks of the lack of confidence on available medical service. The costs are prohibitive for the poor and...
A conducive environment and investment are pre-requisites for the improvement of the standard of education. The government alone cannot spend so much. Bangladesh can encourage foreign investment in education. Dr. M. Azizur RahmanVice Chancellor and Chief AdviserInstitute of Policy Research...
HONG KONG, Feb 3 (AFP): Asian stocks were higher Wednesday, taking their lead from another Wall Street rally following strong corporate results, but Toyota was hit again as data showed US sales fell 16 per cent. The Japanese auto giant...
AMSTERDAM, Feb 3 (Bloomberg): UK stocks advanced for a fourth day, led by shares of financial and basic resources companies, as a report showed UK consumer confidence rose in January.Standard Life Plc, Scotland's biggest insurer, surged 3.4 per cent after...
PARIS, Feb 3 (AFP): Indian Textiles Minister Dayanidhi Maran Tuesday urged European companies to invest more in his country as he insisted in Paris that India was a more lucrative destination than China. "Come, come, come and make money," Maran...
Our CorrespondentKHULNA, Feb 3 : A three-day car fair styled Maruti-Suzuki Car Fair kicked off in the city's Ferry Ghat area Tuesday.Uttara Motors Ltd, Khulna organised the fair. Director (Marketing) of Uttara Motors Mir Mohammad Hossain inaugurated the fair as...
WASHINGTON, Feb (AFP): Toyota came under fire from a top US official for its handling of a massive recall Tuesday as the giant Japanese carmaker scrambled to reassure customers on safety. US Transportation Secretary Ray LaHood said Toyota's recall of...
MUMBAI, Feb 03 (Commodity Online): Steel stocks gained on the bourses Wednesday pulling the benchmark index, Sensex to positive gains. Leading steel stocks posted moderate gains on the Bombay Stock Exchange (BSE) mainly on the back of improved sales figures...
BEIJING, Feb 03 (Commodity Online): China Gold Association said country's gold output was 313.98 tonnes last year, up 11.34 per cent over 2008, exceeding 300 tonnes for the first time.According to latest statistics, CGA said in 2009, China's gold industry's...
YANGON, Feb 3 (Xinhua): Myanmar will cultivate over 67,600 more hectares of rubber in the southeastern Mon state under a regional five-year plan to boost export, sources with the Rubber Entrepreneurs Association said Wednesday. Noting that the country has so...
NEW YORK, Feb 03 (Commodity Online): As financial markets recover, mergers and acquisitions (M&A) in US food and agriculture are likely to build in 2010, according to a new Rabobank report. However, antitrust issues are likely to drive companies to...
In the local tea market the demand was very strong particularly for the cleaner varieties of tea which advanced sharply. Blenders/Packers operated very strongly while there was a fair support from the Loose tea buyers. There was only a little...
MOSCOW, Feb 03 (Commodity Online): One of the world's leading oil producers, Russia boosted crude output 2.8 per cent in January from a year earlier.According to country's Energy Ministry, the increase attributed after Russia's largest oil producer Rosneft ramped up...
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