Tender for the expansion of Dhaka-Chittagong Highway to four lanes is to be floated in a week and the project involving Tk 20 billion (2,000 crore) will complete in four years, Communications Minister Syed Abul Hossain said Wednesday, reports UNB....
IT is otherwise hard to endorse a proposal favouring export of coal from the Barapukuria coalmine when the country faces critical problems of energy supplies. The rationale for export of coal is, indeed, difficult to appreciate because the same energy...
Enayet Rasul BhuiyanMILLIONS of tonnes of valuable minerals in the sea beaches of Bangladesh known as "Black Gold" have been getting uselessly washed into the sea. Black gold is a mixed component of various minerals in the sands of the...
Firoz AhmedTHE government said that it was contemplating to double its food stocks. It is relevant in the quest for food security. The experience of the recent past underlines the need for food security. Barely a year and a half...
THE Export Promotion Bureau (EPB) is making yet another list of products for duty-free access to the Thai market. Due to lack of knowledge about what our businessmen are producing, no list could be prepared by desk-bound people in two...
Women are vulnerable to cruel acts in our society, particularly in the villages. Almost everyday we see reports in the local and national dailies regarding rape of women and girls, even the minor ones. What is worse is that, after...
Badrul AhsanTHE budget for the next fiscal year, with new tax proposals would be placed in parliament today (June 11). Successive finance ministers maintained that tax collection in Bangladesh was too low compared to other countries. But there could be...
Karar Mahmudul Hassan"THE budget is an important medium to implement the ruling party's electoral pledges since the government implements all its programmes through the budget" said Speaker Abdul Hamid Advocate in his inaugural address on June 04, 2009 to the...
SINGAPORE, June 10 (AFP): Oil firmed above 70 dollars a barrel to new seven-month highs in Asian trade today on weakness in the US dollar and hopes of a recovery in the global economy, analysts said. New York's main futures...
FE ReportMarket opened on a strong note for all good liquoring varieties but as the sale progressed demand slackened a little. Teas, however, were well absorbed at fairly steady levels. Blenders were the mainstay of the market along with fairly...
NEW DELHI, June 10 (PTI): In the wake of Beijing announcing incentives on steel exports, India yesterday said it will impose anti-dumping and safeguard duties on import of the alloy from China if the domestic companies demand for the same....
BEIJING, June 10 (AFP): China plans to dramatically increase its use of wind and solar power, aiming to generate up to one fifth of its energy from renewable sources by 2020, a senior official told Britain's Guardian newspaper. "We are...
Warid Telecom Tuesday signed an agreement with interconnection exchange (ICX) operator M&H Telecom for routing domestic inter-operator and international calls to and from Warid Telecom network.Warid Telecom CEO Mr. Muneer Farooqui and Managing Director of M&H Telecom Brig. Gen. (retd.)...
BEIJING June 10 (Bloomberg): China's consumer prices fell for a fourth month, making it easier for the government to keep interest rates low and boost spending to revive the world's third-largest economy.Prices dropped 1.4 per cent in May from a...
The half yearly conference of Padma Islami Life Insurance Ltd was held at the National Sports Council auditorium in the city recently, said a press release. Compnay Chairman ATM Rafiq was present as the chief guest while Managing Director Md...
NEW DELHI, June 10 (Bloomberg): Rural Electrification Corp., a state- owned lender to power projects in India's villages, has sought government approval to raise as much as 30 billion rupees ($635 million) by selling shares to fund the expansion of...
Our CorrespondentSIRAJGANJ, June 10: About 95,000 tonnes of mangoes, worth 250m (25 crore) perish every year in the northern districts of Pabna, Bogra, Natore and Sirajganj in absence of proper preservation facilities, sources said. Almost 22,000 tonnes of mangoes are...
ISLAMABAD, June 10 (Agencies): The death toll from a suicide attack on a five-star hotel in the northwest Pakistani city of Peshawar rose to at least 18 people Wednesday, including two UN employees, authorities said.Three suicide attackers shot their way...
Scientists believe they have found a potential way to stop cancers spreading to the brain and becoming essentially terminal, reports BBC.A UK team discovered cancer cells hijack the brain's blood vessels to get all the nourishment they need to seed...
OTTAWA, June 10 (AFP): Prime Minister Stephen Harper Tuesday proposed extending honorary Canadian citizenship to the Aga Khan, imam of the world's Shia Ismaili Muslims. Harper said his government would seek "the consent of the House (of Commons) to extend...
BAGHDAD, June 10 (Reuters): A car bomb ripped through a crowded market in southern Iraq Wednesday, killing at least 32 people and wounding 35, a local official said.The death toll from the explosion in Al-Bathaa, 30 km (20 miles) west...
Sri Lanka detains Canadian MP COLOMBO, June 10: A Canadian MP was detained on arrival at Sri Lanka's international airport on Wednesday and could be deported for allegedly having supported the Tamil Tiger rebels, officials said. Bob Rae, a Liberal...
FE ReportChairman of Securities and Exchange Commission (SEC) Ziaul Haque Khandker Wednesday said that bigger participation of the Financial Institutions (FIs) in the stock market will bring qualitative and quantitative changes.Addressing the formal opening ceremony of a brokerage house of...
FE ReportGovernment is yet to hand over some 144 residential plots of Rupnagar Housing Project at Mirpur in the city to its lawful owners, who have made payment of installments in full 14 years ago. The plots owners warned that...
FE ReportThe government recently released Tk 1.85 billion cash subsidy for disbursement among the industries of nine export sectors that were affected by the global economic recession. Finance ministry has released the amount from the allocation of Tk 12.50 billion...
Citibank, N.A. Bangladesh paid Tk 860 million as advance income tax for the fiscal year 2008-09. The fourth installment of advance income tax for the same year was handed over to the Commissioner, Large Tax Payers' Unit (LTU) National Board...
Munima SultanaMost of the commercial banks, which have already introduced core online banking, are yet to establish Disaster Recovery Site (DRS) to replicate the data of millions of clients from being lost during any natural disaster.Disaster Recovery Site (DRS) is...
National Bank Ltd (NBL) Managing Director Md Abdur Rahman Sarker visited the Sultanate of Oman recently to join the annual general meeting of Gulf Overseas Exchange Company LLC.During his visit, Mr Sarker met with the expatriate Bangladeshis living in Oman...
Grameenphone Ltd, in association with CARE Bangladesh, has launched the 2nd 'Tathyo Tori' (Information Boat) at Bajitpur, Kishoreganj Wednesday, said a press release.The Information Boats are designed to provide necessary livelihood information to the riverine communities of the country and...
FE Report The inter-bank call money rate remained steady Wednesday due to sufficient supply of cash in the market. The US dollar, however, gained against Bangladesh taka (BDT) in the inter-bank foreign exchange on central bank's intervention, fund managers said.The...
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