A total of 82 officials under the National Board of Revenue (NBR) were transferred Tuesday in a latest reshuffle in the income tax and customs departments. Of them, 27 are assistant tax commissioners, five deputy tax commissioners and 50 sub-inspectors....
CHITTAGONG, Aug 25: A key gantry crane was damaged at the sudden knock of a foreign vessel at the CCT berth of Chittagong port yesterday. Port officials said a key gantry crane at Chittagong Container Terminal-1 of the port was...
S M JahangirThe government has initiated a move to create a comprehensive database on social safety-net programmes to streamline the distribution of its resources allocated for the purposes, official sources said."We have started the process of establishing a comprehensive database...
FE ReportThe government should revise programmes such as strategic transport plan (STP) and detailed area plan (DAP) before starting implementation works as these are favourable to car owners and not pro-people, experts said Tuesday.The demand came at a roundtable discussion...
FE ReportApparel manufacturers reiterated their demand for immediate implementation of the proposed industrial police force to protect the country's garment sector Tuesday. Leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the demand at a time when the country's...
M Azizur RahmanThe power ministry interacts with the country's prospective private sector entrepreneurs today (Wednesday) to seek their support in installing new power plants to end the chronic electricity crunch, officials said Tuesday.About 40-50 leading private sector entrepreneurs are expected...
CHITTAGONG, Aug 25 (UNB): The Chittagong Port Authorities (CPA) formed a three-member probe body Tuesday morning to investigate Monday night's incident of vessel capsize in the outer anchorage of the port.The committee, headed by Member (Harbour and Marine) Captain Arif...
From Fazle Rashid NEW YORK, Aug 25: Two very important decisions surrounding the US economy will be made today. US may concede its top position in the global economy to China but there should be no doubt in anybody's mind...
PARIS, Aug 25, 2009 (AFP) - Propofol, the drug which reportedly killed pop star Michael Jackson two months ago, is a fast-acting hospital sedative, administered intravenously and used as a precursor for anaesthesia.The drug, made by the pharmaceutical giant AstraZeneca,...
FE ReportMembers of Rapid Action Battalion (RAB) seized Indian clothes worth around Tk 100 million from a cargo ship at Keraniganj off the city Tuesday morning.Nine persons were also arrested in connection with the clothes smuggling, one of the biggest...
Siddique Islam The central bank withdrew Tk 20.47 billion in the last 15 days using its monetary tool, which has left no impact on the money market, treasury officials said. The Bangladesh Bank (BB) withdrew Tk 7.30 billion from the...
FE ReportThe government is likely to withdraw the cash incentive given to rice exporters soon. The withdrawal is aimed at discouraging export of rice as the prices of the same is showing an up-trend in the international market in the...
Munima SultanaThe communication ministry has taken a number of decisions, including closure of educational institutions, in a bid to solve the city's unbearable traffic jam that has broken all previous records with the advent of Ramadan month.The city road transportation...
Prime Minister Sheikh Hasina Monday urged the business community not to charge excessive prices for essential commodities during the holy month of Ramadan, reports UNB.The Prime Minister (PM) made the appeal while presiding over the weekly Cabinet meeting at the...
FE ReportIt is less likely that investment in government savings certificates would shift to enterprises or share market only if the rates are reduced, economic adviser to the prime minister Dr Mashiur Rahman told the FE."No survey based data is...
The government Monday decided to import 300,000 tonnes of urea fertiliser at a cost of Tk 6.07 billion targeting to meet the mounting demand in the next Boro cropping season.The cabinet committee on government purchase decided to import some 150,000...
The total number of swine flu cases in the country rose to 104 Monday following the detection of two more new patients. Prof Mahmudur Rahman, the government spokesperson on swine flu, told UNB that the latest number of patients of...
Bangladesh Bank (BB) has raised the ceiling of local currency for Bangladeshi people going abroad, brining necessary changes to a decade-old rule. According to a recent BB circular, any Bangladeshi can now carry Tk 2,000 while travelling overseas. Earlier, none...
FE Report The central bank has sought applications afresh from commercial banks and financial institutions for appointment as primary dealers (PD)aiming to bring dynamism in the securities market. "We've invited the banks and non-banking financial institutions (NBFIs) to submit applications...
FE ReportDhaka stocks slipped slightly lower for the fourth straight session Monday with the turnover falling below Tk 5.0 billion mark for the first time in four weeks amid a cautious move taken by the investors.The market saw a relatively...
FE ReportTwo monitoring teams of the commerce ministry on Monday found that prices of the essentials were not much different from the rates fixed by the ministry.The commerce ministry has fixed prices of potato, sugar, edible oil, onion, ginger and...
Mashiur RahamanProcurement of three Boeing 777 aircraft on lease for state-run Biman is yet at the 'offer evaluation stage' giving room to foreign airliners to double their flight frequencies. Aviation industry insiders however blame bureaucratic red-tapism behind Biman's loss of...
From Fazle RashidNEW YORK, Aug 24: The economic centre of gravity has been shifting for sometime but this recession marks a turning point. It is Asia that is lifting the world rather than the US and that has never happened...
Doulot Akter MalaTo expedite import of fertiliser and its raw materials the government has formed monitoring committees in 11 entry points including air, land and sea ports ahead of the Boro season, an official said Monday.The committees will speed up...
FE ReportHundreds of garment workers, demanding due wages and other financial benefits, demonstrated in front of their factory at Rampura in the city and blockaded the DIT Road Monday.Some 600 workers of Global Woven Wear Limited came out from their...
The government is shifting the headquarters (HQ) of Bangladesh Inland Water Transport Authority (BIWTA) to Narayanganj from Dhaka, reports bdnews24.com. The decision came from the regular Cabinet meeting presided over by Prime Minister Sheikh Hasina Monday, said PM's press secretary...
Our CorrespondentCHITTAGONG, August 24: A berth operator Monday alleged that the government had offered container operations to Saif PowerTech at Chittagong Container Terminal (CCT) of Chiitagong port illegally and demanded re-tender.The operator pointed out that through re-tender the government could...
THE second poverty reduction strategy paper (PRSP) to be adopted by the Bangladesh government is in the last stages for finalisation. The PRSP provides an essential framework for alleviation of poverty and attainment of the millennium development goals (MDGs) set...
N.M. HarunThe present government is extraordinarily strong. The more than three-fourths majority it commands in the parliament will enable it to unilaterally carry out its political and constitutional reforms, besides the routine governmental programmes. This does not, however, guarantee smooth...
Kazi Azizul IslamTHE plastic sector, which is on the 12th position in the country's export earners' list with an annual earning of Tk 12 billion (1,200 crore), is going to get a boost as two global superstores are eyeing Bangladesh...
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