Monira Begum MunniThe cumulative loss incurred by Bangladesh Railway (BR) from 2000 to 2008 stood at Tk.23.40 billion since, according to the Bangladesh Economic Survey 2009.Informed sources attributed the chronic losses to corrupt practices, mismanagement and operational deficiencies within BR.In...
FE Report The city's taxicab operators at a press conference held at the National Press Club Sunday urged the government to waive the bank interests that have accrued against imports in order to make the business sustainable. Leaders of the...
SAVAR, July 26 (UNB) : A garment worker was found dead near his factory in Ashulia here Saturday.The deceased was identified as Mizanur Rahman, (30), son of Sobhan Fakir, hailing from Bakerganj Upazila in Barisal District and an operator of...
DU CorrespondentAt least 35 million people will have to migrate by next 20 to 30 years, as one third area of the country will submerge due to sea level rise for global warming, experts said."The developed countries are responsible for...
Our CorrespondentCHITTAGONG, July 26: As no new vessel has been added into the fleet of Bangladesh Shipping Corporation (BSC) for the last 18 years it would rather become difficult on the part of the only national flag carrier on marine...
FE ReportA three-day international conference on climate change due to global warming will kick off in Dhaka Sheraton Hotel today. The conference will start at 9:00 am at the ballroom of the hotel, said a press release. Representatives of Tuvalu,...
Our CorrespondentMAGURA, July 26: Valuable record files of Mohammadpur Settlement Office of Magura district were stolen from the office recently. The owners of the lands, whose documents have been stolen, are concerned about this. The record keeper of the office,...
The family members of Md. Sohag, who has been suffering from a typical cancer named Hodgkin's disease, sought financial assistance to continue his expensive treatment.The second year BSS student is undergoing treatment at Delta Medical Centre under the care of...
Awami League (AL) spokesperson and Local Government and Rural Development (LGRD) Minister Syed Ashraful Islam Sunday said the government would actively consider the issue if the Election Commission (EC) came up with a plea for extending the deadline for the...
The government plans to raise an elite police unit to be called the Bureau of Crisis Response and Protection (BCRP) for protection of the Very Very Important Persons (VVIPs) including the President and Prime Minister to supplement the Special Security...
FE ReportA scuffle between two wings of the ruling Awami League at the Dhaka Medical College Hospital Sunday disrupted the bidding procedure for supplying foods to patients.Police said there was a chaotic situation at about 11:00am when the activists of...
Leader of the Opposition in Parliament and BNP Chairperson Khaleda Zia Saturday declared that her party's national council will be held towards this yearend, taking time beyond the Election Commission-set deadline, as they do not want to hastily stage an...
SHERPUR, July 26 (UNB): A court here Sunday sentenced two JMB leaders and their three accomplices to life term imprisonment for looting local BRAC office six years back.The convicts are: JMB Dhaka divisional north unit commander Salahuddin alias Salahen and...
A CorrespondentNATORE, July 26: A-51 member committee of Jatiya Party Lalpur Upazila unit has been formed recently. The function was presided over by Shahin Islam, convenor of JP Lalpur Upazila unit.Ex-MP Md Mazibur Rahman Sentu, vice-president, Jatiya Party central commitee...
LALMONIRHAT, July 26 (UNB): Section 144 has been imposed at Chaparhat under Kaliganj Upazila in apprehension of clash between Awami League and BNP who convened public meetings at the same venue at the same time.Local BNP called for the meeting...
Our CorrespondentJESSORE, July 26: A youth was stabbed to death by some miscreants at Nilgonj on the outskirts of the town early Sunday.The deceased was identified as M Shohagh (22), son of Kausar Ali of Nilgonj.Police and locals said a...
MANIKGANJ, July 26 (UNB): At least eight persons were injured in a clash between two groups of Jubo Dal activists, the youth front of BNP, at Gosher Bazar under Sadar Upazila Saturday.Police said there was a longstanding conflict between Jubo...
M Azizur RahmanChevron's 'excessive' extraction of natural gas from one of the largest hydrocarbon fields in Asia has posed a threat to the country's long term energy security, experts said Sunday. The American oil giant began producing 200 million cubic...
FE Report The central bank of Bangladesh asked Sunday four state-owned commercial banks (SCBs) to take effective measures for reducing non-performing loans (NPL), particularly those of top 20 loan defaulters, to improve their financial health. The Bangladesh Bank (BB) also...
Prime Minister Sheikh Hasina Sunday directed Bangladesh missions abroad to take effective measures for enhancing exports and attracting foreign investment, reports BSS. The Prime Minister gave the directive while presiding over the 24th meeting of the Board of Investment (BoI),...
degradation causes losses of 5 to 6 per cent of the GDP every year."Virtually the GDP growth has practically halted, as the real growth is offset by the loss incurred due to pollution," he explained.Mr Saber admitted that there were...
FE ReportA high profile international workshop will begin today (Monday) at the Sonargaon Hotel in the city where participants will brainstorm on the global financial crisis.The workshop has been organised by the macroeconomic policy and development division of the Economic...
The government has decided to send an 11-member parliamentary team for a spot visit to India's Tipaimukh Dam site on July 29, apparently keeping uncertain the main opposition BNP's participation in the tour, reports UNB.An official announcement Sunday said the...
FE ReportShares at the Dhaka Stock Exchange (DSE) slid on the first trading session of the week Sunday, as most of the banks fared badly amid profit taking.The companies with low paid-up capital and general insurance firms, however, shined on...
Hundreds of laid-off workers of Biman Bangladesh Airlines, who have been pressing the national carrier to reinstate them, suspended their ongoing protest programme for 10 days following talks with Biman authorities Sunday. The Biman board, meanwhile, says it has formed...
The government has decided to preserve the suburban Sonargaon ancestral home of legendary Indian politician and West Bengal's former Chief Minister Jyoti Basu as an archaeological site, officials said. — BSS
Jasim Uddin Haroon A local company Sunday said it is setting up a refinery by investing US$ 110 million in Chittagong, which will use locally available raw material Naptha to produce high octane.After implementation of the project by 2011, it...
FE Report Bangladesh has lifted the ban imposed on imports of coal from Meghalaya, India. The ban was imposed on June 30, 2009, citing high sulphur content in coal mined from Meghalaya, India which causes pollution but, users prefer it...
FE ReportOutgoing German Ambassador Frank Meyke Sunday emphasised diversification of products for increasing Bangladesh's export to Germany, and raising German investment here."This will not only have positive impact on export earning, job generation and technology transfer for Bangladesh, but also...
FE ReportThe government has started crafting a policy to regulate allocation of frequencies on Bangladesh's air routes in a move to ease airlines' operations, officials said Sunday. But critics say the frequency distribution policy is "meaningless" in the Bangladesh context,...
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