Siddique Islam The government has agreed to offer higher underwriting commission for treasury bills and bonds for top three primary dealers (PDs) aiming to bring dynamism in the secondary securities market, officials said.The central bank will select the top PDs...
S M JahangirThe government's net borrowing from the public marked a 44 per cent rise in the fiscal year (FY) 2008-09 over the previous fiscal following the relaxation of a tax provision, official sources said.Such a steep rise in the...
Mahmudur RahmanAs is usual with any post calamity situation in Bangladesh, the recent deluge caught everyone's attention if only to highlight the policy-planner's lack of it. So we had the usual menu of exhortation from all and sundry that something...
Our CorrespondentCHITTAGONG, Aug 09: The government has decided to free the Customs authority from any hassle of onboard inspection of goods by the Bangladesh Standards and Testing Institutition (BSTI) in a bid to expedite quick unloading and delivery of imported...
Munima SultanaThe government has set end of September as a deadline to finalise the country's first ever competition law as part of an intensified move to curb unholy practice of the business cartels, officials said Sunday.Commerce ministry officials said the...
Agriculture Minister Matia Chowdhury said Sunday that the government was going to issue a bond to create a fund exclusively for promoting the use of renewable energy across the country, reports UNB.Addressing a roundtable conference on "Renewable Energy: Implementation of...
The Supreme Court (SC) Sunday dismissed the Anti-Corruption Commission (ACC) plea for stay on the bail granted by the High Court (HC) to ex-premier Khaleda Zia in the Niko scam case, reports UNB. As the long-pending ACC leave petition came...
Remember "Moan" (Heart), which was released in the capital many moons ago? They say the film is now on a shy tour of the outer districts. Heaven knows. The principal performers of "Moan" are Reaz, Shabnur, Shakeel Khan, Shanu, Amir,...
Bhaskar BhartiOn SONY SET Monday at 10-30 pmA man in a woman's world is generally viewed as pleasure, a blessing… while a woman in man's world is considered to be a struggle for survival & a fight for identity. Bhaskar...
In compliance with the Awami League (AL) election manifesto that pledged to implement Vision- 2021, the Ministry of Industries has taken up three fresh projects for implementation in the next five years, reports BSS.The three projects - Self Employment and...
COMILLA, Aug 8 (UNB): A sub-inspector of Brahmanpara Thana was injured with gun shot fired by an assistant sub-inspector (ASI) of the same police station Saturday night in a revenge action.Police sources said ASI Nezamul Haque flew into a rage...
North South University (NSU) student clubs organized a daylong series of colourful event Annual Club Carnival 2009 Saturday, at NSU Bashundhara (own) campus. The chairman of NSU Foundation MA Kashem inaugurated the event, says a press release. NSU Vice Chancellor...
FE ReportThe National Board of Revenue (NBR) in a latest reshuffle has transferred four top officials including tax members and commissioners.Tax policy member Parsa Begum has been transferred to tax appellate tribunal as president and member of dual bench-1.Md Bashiruddin...
A month long computer training programme has begun recently at National University with a view to building IT skilled officials in line with the government decision to build digital Bangladesh, says a press release.A total of 60 senior office Assistants...
BHOLA, Aug 9 (UNB): Robbers took away over Tk 0.1 million (one lakh) from a fish trader after killing him at Alimuddin Bazar in Borhanuddin Upazila early Saturday.The deceased was identified as Sagar, (25).Police said being informed by the local...
A seminar to observe the World Breastfeeding Week 2009 was held at the Institute of Child and Mother Health (ICMH), Matuail, Dhaka Sunday, says a press release.The theme of the seminar was "Breastfeeding- A Vital Emergency Response: Are You Ready?"...
NEW YORK , Aug. 9 (Bloomberg): Sugar climbed to the highest price in more than 28 years in New York on concerns that low monsoon rainfall may stunt cane crops and reduce output in India, the world's largest producer after...
DUBAI, Aug. 9 (Bloomberg): Persian Gulf shares gained, with Dubai's index climbing to the highest in seven weeks, as oil held above $70 a barrel and better-than-expected employment figures from the US hinted at a global economic recovery.Emaar Properties PJSC,...
NEW YORK, Aug.9 (Bloomberg): US stocks rose for a fourth week, pushing the Standard & Poor's 500 Index above 1,000 for the first time since November, as better-than-estimated employment, manufacturing and home sales data boosted confidence that the worst slump...
KARACHI, Aug 9: Bulls dominated the trading sessions at the Karachi stock market during the week, as investors remained optimistic over International Monetary Fund (IMF) and Pakistan's officials meeting to discuss economic assistance of Pakistan and the release of third...
LONDON, Aug. 9 (Bloomberg): Copper may decline on speculation that a month-long rally has left prices no longer reflecting the outlook for demand.Copper is heading for a fourth week of gains with prices 24 per cent higher than on July...
LONDON, Aug.9 (Bloomberg): UK stocks advanced, wrapping their fourth consecutive weekly gain, after a better-than-expected US unemployment report overshadowed disappointing results from Royal Bank of Scotland Group Plc.Vodafone Group Plc and BP Plc led gains in the benchmark FTSE 100...
TOKYO Aug 9 (Bloomberg): Japan, Asia's biggest wheat importer, may increase purchases to a more than three-year high as rain cuts domestic output and lower prices help revive demand. The government is considering raising imports to more than the 4.91...
NEW DELHI, Aug 9 (PTI): Observing that the country was facing a "difficult situation" following delayed and deficient rainfall, Prime Minister Manmohan Singh yesterday said the Centre has adequate foodgrains and would not hesitate to take strong measures and intervene...
SEOUL, Aug. 9 (Bloomberg): Hyundai Motor Co, LG Electronics Inc. and other South Korean companies will get greater access to India's 1.2 billion people in a trade deal to be signed tomorrow. Import duties on 85 per cent of Korean...
HANOI, Aug 9 (Bloomberg): Vietnam, the world's second-biggest rice exporter, may boost shipments this year by as much as 49 per cent to 7 million metric tons on an improved harvest, Do Huu Hao, deputy minister of trade and industry,...
Ericsson, world's leading provider of technology and services to telecom operators has signed a contract with High Speed Broadband Technology Sdn. Bhd. to supply, build, systems integrate and manage an open access network called Jalenas (Jalur Lebar Nasional) that will...
CARACAS, Aug 9 (AFP): Venezuelan President Hugo Chavez announced yesterday he would grant 3.2 million dollars in interest-free loans to public aluminum companies and the country's struggling steel company Sidor. Sidor, which was nationalized last year, and the aluminum firms...
FE ReportBangladesh Bank Governor Dr. Atiur Rahman Sunday asked the banks to rationalize their rate of debit or credit card fee in a bid to popularize the state-of-the-art payment system among a wider populace.At the same time, he also asked...
Our Correspondent. JessoreFinance and planning minister Abul Maal Abdul Muhith Sunday visited Benapole land port to see the condition of the country's largest land port.The minister opened the newly constructed building of Benapole Customs and Immigration Check post.The building was...
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