FHM Humayan KabirThe Prime Minister has ordered a detailed report on the ongoing and past road and bridge construction projects due to "massive graft and shoddy work" in some of the big-spending schemes, officials said Thursday.Sheikh Hasina last week gave...
FE ReportThe government is embarking on an 'ambitious' plan to more than double power generation to 10,000 megawatt by 2013 under a new energy policy to be unveiled within a few days, energy advisor Taufiq-e-Elahi said Thursday.Prime Minister Sheikh Hasina...
Awami League (AL) heavyweights Amir Hossain Amu, Abdur Razzak, Tofael Ahmed and Suranjit Sengupta were dropped from the Presidium, the ruling party's highest policy-making body, as the AL rolled out a fully fledged committee Thursday, five days after the national...
Nazmul AhsanThe ministry of commerce has started assessing the strength and weakness of service sector before the country enters into the SAARC Framework Agreement on Trade in Services soon, official sources said.The ministry on Wednesday sent a questionnaire to at...
Doulot Akter MalaPrivate car owners will have to furnish detailed information in a prescribed form for payment of newly imposed tax determined on the basis of engine capacity of each car, the revenue board said Thursday. Car owners will have...
FE ReportDhaka stocks gained moderately Thursday with the Dhaka Stock Exchange (DSE) benchmark index crossing the 2900-mark for the first time in two weeks.The benchmark DSE General Index (DGEN) finished at 2914.53 with a gain of 16.03 points or 0.55...
A parliamentary watchdog will suggest the shipping ministry and the Anti-corruption Commission (ACC) to charge former shipping adviser MA Matin and ex-shipping secretary Sheikh Motahar Hossain with irregularities in the container management deal at Chittagong port, reports bdnews24.com. It has...
The government has sent two judges of Bangladesh Judicial Service on forced retirement in order to maintain discipline in the service.They are Dhaka district and sessions judge M Abdul Gafur and Gazipur district and sessions judge M Shahjahan, who is...
All shops and markets at the district level have been ordered to close by 8:00 pm to ease the power supply shortfall, State Minister for Energy and Power Shamsul Haq Tuku said Thursday. "In a bid to reduce load-shedding, we...
SAVAR, Jul 30: About 300 workers of a garment factory at Palashbari fell sick after taking their lunch Wednesday noon and were admitted to different hospitals. Local sources said workers of the PGCL Garments have fallen sick since Wednesday evening...
Siddique Islam The central bank has asked nine commercial banks to comply with its instruction relating to fixation of interest rates on lending to the non-banking financial institutions (NBFIs), officials said. "We've sent letters to the banks concerned, asking them...
FE ReportBritish transport policy expert Stephen Ison said construction of new road and making provision for public transport system are not good solutions to traffic congestion of a mega city, and accentuated more on traffic management to get a better...
Food and Disaster Management Minister Abdur Razzak Thursday painted a 'sweet-sour' picture of the food situation saying that the country might export 10,000 tonnes of aromatic rice if 'Aman' production turns out to be good, reports UNB."Drought has already damaged...
A Z M AnasState-controlled Biman is about to hire three aircraft including Boeing 737 from two top global financiers as it moves to accelerate retiring its aged, fuel-guzzling DC-10 planes, officials said Wednesday. The officials said that Biman Bangladesh Airlines...
FE ReportUS Ambassador James F Moriarty Thursday urged Bangladesh to set up environment-friendly industries to promote access of its products to the developed market."Bangladesh can put emphasis on labour-intensive small and medium industries such as toys, plastic, light engineering, footwear...
FE ReportAsia needs to increase both regional financial cooperation and trade to withstand the global financial crisis, said Bangladesh Bank Governor Dr Atiur Rahman on Thursday."We are thinking of formulating regional financial architecture and increase trade flows to give a...
THE relocation of the tanneries from Hazaribagh area in Dhaka city to a suitable place at nearby Savar has hit the newspaper headlines, time and again, since the Dhaka Tannery Estate Project (DTEP) was launched nearly six years back. Such...
Ahmed AliThe remitted foreign currencies from its overseas workers are a bulwark for the foreign currency reserve of Bangladesh. These help to underwrite steady import operations. At a media briefing on Wednesday organised by World Bank (WB) it was focused...
Mirza Md. Adwit RahmanWATER logging has been very common in Dhaka city. Usually this happens in the sub-roads, lanes and by-lanes. People, throughout the year, people have to cross these areas holding their footwear in hands and pulling the trousers...
Several countries, including Bangladesh, to be worst affected by climate change caused by the rich and developed countries, are entitled to compensation. The compensation would not come automatically.For example, following negotiations Australia piloted a bill in its parliament to admit...
The formation of a committee to formulate a new education policy by the government is only an eyewash. This government, during their previous tenure, did the same. An education policy was then only submitted but nothing happened.Anyway, the head of...
SOLAR power can meet much of the demand of the population in rural Bangladesh, where a majority of the population are found . Supplying conventional power through the national grid can be less economical compared to a self-sustaining community or...
BOMBAY, July 30 (Bloomberg): Indian stocks rose for the first time in four days, led by Infosys Technologies Ltd. and other software exporters after the rupee fell for a third day, its longest losing streak in almost two months.Infosys Technologies,...
TORONTO, July 30 (Bloomberg): Canadian stocks retreated for a second day, led by energy and raw-materials producers, as commodities plunged and home prices fell on an annual basis for the sixth month in a row.Energy companies fell as crude prices...
KARACHI, July 30 : The Karachi stock market remained under the bearish spell Wednesday on account of unabated selling pressure as expectations loomed over significant rise in T-bills' yields in State Bank of Pakistan's auction, according to Daily Times.The Karachi...
LONDON, July 30 (Bloomberg): Gold, little changed in London today, may rise after two straight drops as higher equities signal increased willingness to take on risk, weighing on the dollar.The Dollar Index, a gauge of the currency's value against six...
NEW YORK, July 30 (Bloomberg): US stocks fell for a second day as plunging Chinese shares and commodities stoked speculation that the surge in equities has outpaced the economy.Alcoa Inc., the largest US aluminum producer, and Exxon Mobil Corp. declined...
NEW YORK, July 30 (Bloomberg): Corn and soybeans gained as the dollar rally stalled, increasing demand prospects for US crops. Wheat climbed from the lowest price since March.The Dollar Index, which tracks the greenback against the currencies of six major...
General Consumer Products Limited, a subsidiary of General Pharmaceuticals Limited, has introduced its first product 'General Safe Diabetic Atta' recently.The main objective is to meet up the proper dietary and nutritional supplements in diabetes and check high LDL cholesterol, obesity...
FE ReportThe Chevron Bangladesh sponsored a lecture on 'Nature's Juggling Act': Glaciers, Sand Dunes & Limestone - A Post Glacial Sea-level Rise Captures in Rock a Record of the Early Permian Stratigraphy of Saudi Arabia organized by the AAPG (American...
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