FE ReportThe NBR has recently detected evasion of a substantial amount of value added tax (VAT) by a leading glass sheet manufacturer. The CIC has estimated the evasion at around Tk 300 million. A top revenue official said the company...
Doulot Akter MalaThe country's readymade garment exporters have been counting additional duty to enter the Indian market, as the latter has imposed countervailing duty on subsidised export items of other countries, industry insiders said.Apparel items imported from Bangladesh are being...
FE ReportTraders in foreign pavilions in the month-long Dhaka International Trade Fair (DITF)-2010 are enjoying significant customer's turnout in the first week since inauguration on January 1, 2010 but complained over mismanagement and non-cooperation from the authority.Customers' response in the...
M Azizur RahmanThe government has planned to settle the long-pending dispute with Niko Resources over payments against the sale of gas produced from Feni field through discussion rather than litigation, officials said Friday. "We cannot stop Niko from going to...
S M JahangirThe government has formed two separate committees to help solve long-standing problems of the country's sick industries, official sources said.The ministry of industries issued a circular on the formation of the two committees Thursday, a top-ranking ministry official...
BANDARBAN, Jan 8: At least seven people were killed and another 45 injured in Bandarban Friday when a picnic bus caught fire and plunged into a roadside ditch. Among the dead passengers, five were identified as Rupak Barua, Shova Barua...
Mohammad Mufazzal from BarisalDhaka Stock Exchange (DSE) President Md Rakibur Rahman said the government, investors and bourses could jointly supply adequate money for development of the country's power sector as well as infrastructures to lessen dependence on World Bank and...
Prime Minister Sheikh Hasina will inaugurate the ICC Cricket World Cup 2011 at the Bangabandhu National Stadium in Dhaka, reports UNB.Chairman of the organising committee of the ICC Cricket World Cup 2011 Sharad Pawar Friday requested the Prime Minister to...
FE ReportThe Civil Aviation Authority of Bangladesh (CAAB) has signed an air service agreement with the British Civil Aviation Department (BCAD) that enables Bangladeshi passenger carriers to operate 31 weekly flights to the United Kingdom.Earlier, Bangladeshi carriers had permission to...
FE ReportThe Dhaka Stock Exchange (DSE) passed the first week of 2010 in a bullish mood with an increased participation of investors.All sectors, except the financial institutions, which shed 0.83 per cent, were able to edge higher, pushing up the...
Mehdi Musharraf BhuiyanContinued dearth of land in Dhaka's generally sought-after areas and the consequent property price-hike have pushed up the value of real estate in the city's upscale zones by almost 50 per cent from that of last year as...
Our Correspondent CHITTAGONG, Jan 08: The two-day high level meeting on the demarcation of the maritime boundary between Bangladesh and Myanmar has begun here today (Friday).Leaders of both the teams said they are hopeful about a positive outcome of the...
BNP standing committee member Salahuddin Quader Chowdhury said he expected that Prime Minister Sheikh Hasina would return from India visit with fair share of river water and an announcement on scrapping of Tipaimukh dam project, reports bdnews24.com. “I am positive...
NEW DELHI, Jan 8 (AFP/Reuters): Indian Prime Minister Manmohan Singh Friday likened India to a “slow moving elephant” whose sheer size, population and diversity affects its ability to implement key policy decisions.He said Asia’s third-largest economy was expected to grow...
PRIME Minister Sheikh Hasina while speaking at a function in Dhaka early this week said her government planned to build four satellite towns around the capital city. The main reason for the government taking up such a plan does not...
Pradeep S MehtaMuch has been written about the recently concluded Copenhagen Conference on Climate Change which will continue to reverberate. Copenhagen was not supposed to be the be all and end all on environmental matters. It was a part of...
Kamal AhmedKey functionaries in Bangladesh energy sector have been felling the media that there will be no energy crisis by 2012. They also said natural gas production will be doubled in two years. Bangladesh is suffering from the most severe...
Maswood Alam KhanThere was a time when a conservative Muslim woman would have preferred death to a touch of her body by anybody other than by her husband. It was unimaginable on the part of a Muslim woman to move...
According to the list of the countries of the world sorted by their gross domestic product (GDP), Bangladesh stands 58th with GDP to the tune of US$ 90 billion among the countries of the world. It stands at 56th among...
THE government can in no way justify its indifference to tackling noise pollution. The serious hazards that noise pollution can cause to human health are not unknown. The authorities need to pay attention to the serious problem. The drivers honk...
As the cold wave continues, life and living conditions have turned worse for many people. In this context, the news about some more spells of cold wave in the coming weeks are disconcerting for us. This is particularly more so,...
THE government should set up a central testing laboratory, demanded by pharmaceutical industries for quality certification of exportable medicines.Recently the government was reported to have cleared the establishment of plants for the production of ingredients for pharmaceutical industries. It is...
Sayed Javed Ahmad“Double M" means meritocracy and morality. These are the two main factors leading to human splendours. Everyone loves a good human being having high morale, self-dignity and ability. It has been observed that a society performs a lot...
Iftu Ahmed To enrich life for people with disabilities is a great mission. Disability sports, dominated by Deaflympics, Paralympics and Special Olympics, deserve admiration for its distinct history. It needed sheer vision to organise the unprecedented competitions for athletes with...
TOKYO, Jan 7 (Reuters): Japan's Nikkei average lost 0.5 per cent Thursday, with electronics heavyweight Canon hit by a brokerage downgrade and ailing Japan Airlines Corp tumbling on a report that it was set to post a $13.3 billion net...
FE ReportA website on cervical cancer, www.cervicalcancer.com.bd, has been launched at a city hotel recently, according to a press release.Eminent Gynaecologist and Head of Gynae and Obstetrics, BIRDEM Dr TA Chowdhury launched the website.Dr Chowdhury, in his speech, termed cervical...
KARACHI, Jan 7 (Business Recorder): Bullish trend continued at Karachi share market Wednesday and KSE-100 index gained 69.98 points to close at 9,727.36 points. The market opened on a positive note and the index hit 9,810.19 points intra-day high, up...
SAO PAULO, Jan 7 (Bloomberg): Carry-trade investment flows into Brazil will climb this year as traders tap into central bank rate increases that will likely send benchmark borrowing costs above 10 per cent, according to Standard Chartered Plc. Carry trades,...
TOKYO, Jan 7 (Bloomberg): Sapporo Holdings Ltd, Japan's fourth-largest brewer, will focus on expansion in North America and Southeast Asia, where returns on investment will be greater than in China, Chief Executive Officer Takao Murakami said. "Competition in China is...
SINGAPORE, Jan 7 (Bloomberg): Bank of Baroda, an Indian state-run lender, hired Calyon, HSBC Holdings Plc and Standard Chartered Plc to help it get a $125 million, three-year loan, according to two people familiar with the matter. The loan will...
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