A monsoon low developed over the northwest Bay and the Bangladesh-West Bengal coast, triggering squally winds, reports UNB."The low is likely to intensify. Steep pressure gradient persists over the North Bay," said a Met office special bulletin Tuesday noon.Under its...
FE ReportMembers of Rapid Action Battalion (RAB) Tuesday arrested five people along with huge quantity of cocaine worth around Tk 25 million from a house at Tongi in Gazipur, RAB sources said.The amount of cocaine recovered is 2.5 pounds. "This...
DU CorrespondentThe Master of Business Administration (MBA) admission test under the Institute of Business Administration (IBA) of Dhaka University (DU) will be held at 4 pm on November 20.Collection and submission of application forms for the test will go on...
FE ReportThe High Commission of India has opened an exclusive visa counter in the capital for receiving visa applications from Bangladeshi nationals, willing to travel to the neighbouring country by Maitree Express.All people, interested to travel by the train, can...
A Dhaka court received an appeal Tuesday from former army chief Moeen U Ahmed to dismiss the prayer for a defamation case against him, reports bdnews24.com. Tuku's lawyer Humayun Kabir Bhuiyan filed the appeal at the Third Joint District Judge's...
Bangladesh Nationalist Party (BNP) Secretary General Khondaker Delwar Hossain Tuesday said the nation would remember M Saifur Rahman forever as he has given a strong footing to the national economy.Saifur Rahman had worked for the country and the nation until...
Information Minister Abul Kalam Azad told the House Tuesday the government had a plan to give permission to a number of private television (TV) channels very soon, reports BSS.The minister said the Ministry of Information was now processing the applications...
Bangladesh was among the top 10 global receivers of migrant remittances in 2008, according to a newly released UNCTAD report. The Trade and Development Report 2009, released Tuesday, also said remittances will continue to provide a larger foreign exchange inflow...
FE ReportA delegation of the India-Bangladesh Chamber of Commerce and Industry (IBCCI) held a meeting Tuesday with the executive chairman of Board of Investment (BOI), Dr SA Samad, to exchange views on issues concerning both India and Bangladesh.Headed by IBCCI...
Opposition BNP lawmaker Salahuddin Quader Chowdhury was Tuesday sued on treason and defamation charges in Magura and Thakurgaon districts Tuesday for his alleged subversive comments, reports UNB.In both the cases he was charged with 'anti-state role' during the country's liberation...
The government is to formulate the Industrial Policy-2009 for ensuring overall development of the country through balanced industrialisation, reports BSS.In this respect, the government would provide massive infrastructure facilities including stimulus for setting up industries in the country's backward districts...
KHULNA, Sept 8 (BSS): Khulna Medical College (KMC) Teachers Association has postponed their indefinite work stoppage programme for the next three days.The decision was taken at a meeting of the association with KMC Principal Professor KP Sarker.
Speaker Abdul Hamid has rejected 36 adjournment notices submitted by three opposition and one treasury lawmakers, reports bdnews24.com. The BNP's Jafrul Islam Chowdhury and Nazim Uddin Ahmed, and the lone independent MP Fazlul Azim submitted 35 notices. Awami League's Omar...
Kayes M SohelDhaka Stock Exchange (DSE) will not allow any non-government public limited company (PLC) to go under the direct listing regulations. The recent bitter experience regarding the regulations that dismayed the investors and the market has prompted the DSE...
FE ReportThe government is set to overturn the existing provision that allows simultaneous operation of conventional and Islamic banking by financial institutions, Finance Minister AMA Muhith said Tuesday."We are going to abandon the provision that allows banks to run both...
Shamsul Huq Zahid Saifur Rahman, the man who led the move to infuse market-driven dynamism into the Bangladesh economy through reforms since early '90s, is now resting in peace at Baharmordan village home in Maulivibazar. The pouring of profound shock...
FE Report Inadequate infrastructure has ranked number one problem for running businesses in the country and it may lead to less optimistic growth projection for 2009, says a study by the World Economic Forum.Infrastructure facilities of the country ranked one...
FE ReportDhaka stocks gained marginally Tuesday, snapping two-day consecutive fall, with sharpest decline in turnover. The market, however, began with higher note in the morning but started to decline and went into the negative territory just one hour before the...
FE ReportThe Ministry of Finance has sought to know from the Bangladesh Bank the rationale behind its move to double the paid-up capital of the non-banking financial institutions (NBFIs), sources in the ministry said.The MoF has also wanted to know...
FE ReportThe Executive Committee of National Economic Council (ECNEC) approved Tuesday a power generation project involving Tk 20.77 billion (2,077 crore) to be implemented at Siddhirganj in a bid to add 300 megawatt (mw) electricity to the national grid from...
Foreign Minister Dipu Moni and Indian External Affairs Minister SM Krishna had wide-ranging talks on all tricky bilateral issues in New Delhi Tuesday to update the ties between the two neighbours, officials from the Indian capital told UNB.The talks held...
MUMBAI, Sept 8 (Reuters): Bangladesh's foreign exchange inflows pose a threat to its inflation, which is set to end the fiscal year at 6.5 percent from less than 6 percent now, the country's central bank chief said on Tuesday. "Reserves...
Fitra has been fixed at Tk 40 per head this year. Islamic Foundation at its meeting Tuesday fixed the Sadqatul Fitra. The meeting was presided over by Khatib of Baitul Mukarram Mosque Maulana Mohammad Salahuddin. The Fitra of Tk 40...
US Acting Deputy Assistant Secretary of State for South and Central Asian Affairs Michael Owen arrives in the city today (Wednesday) on a two-day visit to Bangladesh. During his visit, Owen will meet government officials, parliamentarians, business people and members...
A parliamentary watchdog Tuesday asked the authorities concerned to take steps for inclusion of new generation aircraft into Biman fleet. The parliamentary standing committee on civil aviation and tourism ministry also asked for improvement of passenger services, serving improved foods...
MADRID, SEPT 8: Spain's health minister says the country will immediately start testing a swine flu vaccine on 400 children. Trinidad Jimenez told reporters Tuesday Spain will be testing a vaccine developed by GlaxoSmithKline PLC.The trial group will be 400...
Mahmudur RahmanThere were shades of what Francis Bacon had once said in beginning his famous essay "On truth" reflected in the actions of Bangladesh Garments Manufacturers & Exporters Association (BGMEA) Chief Abdus Salam Murshedy recently. Bacon went "What is truth...
FHM Humayan KabirThe government will sit with major donors tomorrow (Thursday) to seek extended support for implementing its development programmes, officials said Tuesday. Finance ministry officials said top policymakers of the government will brief the representatives of the donors on...
FE Report Prices of sugar jumped to Tk 52-54 per kilogram (kg) Tuesday in the city's retail market from Tk 50 per kg a day before. The sugar refiners have started selling sugar in the city's 11 important points at...
FE Report The government has announced a fresh list of 15 exportable products with inclusion of two new items that would receive cash subsidy in the current fiscal year, officials said. The exporters will receive cash subsidy on the products...
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