The Executive Committee of the National Economic Council (ECNEC) in its meeting Tuesday approved four development projects involving a total cost of Tk 4.26 billion (426 crore) to be financed from local resources, reports UNB.Held in the NEC conference room,...
Doulot Akter MalaThe National Board of Revenue (NBR) bemoaned over the poor use of Electronic Cash Register (ECR), as only 28 per cent businesses have installed the device until March.The government's order on mandatory installation of ECR in all city...
Army probe body submitted report May 10 The committee formed by the army to investigate the February 25-26 BDR carnage at its Peelkhana headquarters submitted its report to Army Chief General Moeen U Ahmed on May 10, said an ISPR...
Commodity Prices Month Last Exchange WTI Light Crude Jun '09 56.8700 Brent Crude Jul '09 56.5700 RBOB Gasoline Jun '09 1.6806y Heating Oil Jun '09 1.4188y Nat Gas (NBP) Jun '09 27.9900 Soybeans ...
FE ReportBangladesh's banking sector has been able to dodge the global financial crisis as it stands on strong foundation, Hafiz Mazumder MP, chairman of Pubali Bank Limited said Monday. "The banks here do businesses complying with the directives and regulations....
FE Report The inter-bank call money rate marked a rise Monday due to higher demand for cash. The US dollar also posted gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market with increase in demand for the greenback,...
Uttara Bank Limited (UBL) has extended credit facilities of Tk 50 million to the Bay Leasing and Investment Limited (BLIL) for its leasing operations.A loan agreement was signed in this connection between the companies in the city recently, says a...
Kayes M SohelThe government has allocated Tk 100 million for setting up a capital market institute aiming to train skilled professionals for the country's growing securities market, officials said Monday."The Finance Ministry has sanctioned Tk 100 million for establishing the...
Association of Bankers Bangladesh Limited (ABB) organised a programme to bid farewell to the immediate past Governor Saleh Uddin Ahmed and welcome the new Governor Atiur Rahman of Bangladesh Bank at a city hotel recently, says a press release.The meeting...
Prime Bank Ltd has settled four insurance claims under the bank's Double Benefit Deposit scheme having insurance coverage benefit provided by Prime Insurance Co Ltd. Prime Bank Managing Director M Ehsanul Haque and Prime Insurance Managing Director AQM Wazed Ali...
FE ReportDhaka Stock Exchange (DSE) has penalized 11 listed companies as they failed to submit their audited reports for the year ended December 31, 2008 within the stipulated time (May 14,2009), a press release said.The prime bourse imposed penalty of...
FE ReportState Minister for Power Advocate Shamsul Haque Tuku, MP, has urged officials to urgently prepare plans to improve the country's fragile power management system.He asked the officials of Power Development Board (PDB) to search for alternative energy sources to...
FE Report Dutch-Bangla Bank Limited (DBBL) signed an agreement with Lafarge Surma Cement Bangladesh Limited (LSCBL) at the LSCBL head office at Gulshan in the city Monday, said a press release. LSCBL Director (Finance) Masud Khan and DBBL head of...
Turkey has shown keen interest to invest about US$ 2 billion for setting up an export processing zone (EPZ) in Bangladesh, reports UNB.A three-member business delegation of Turkey-Bangladesh Chamber of Commerce and Industry (TBCCI) led by its president Fikret Cicek...
Bank Asia Limited organised a road-show from Sylhet to Cox's Bazar recently with a view to creating awareness on sending remittance in legal way shunning the illegal practice. In this connection an inaugural function was organised in the city on...
JOHANNESBURG, May 18 (AFP): South Africa's largest mobile operator Vodacom made its debut Monday on the Johannesburg stock market in one of the country's biggest listings after a last-ditch court battle failed to block the move.The listing opened with shares...
ACI Pure Salt Deshke Jano, the biggest ever online quiz competition of Bangladesh, is now going beyond the website. The organisers are visiting the major campuses of and around Dhaka city.A van equipped with laptops and internet is registering players...
FE Report Paris-based International Chamber of Commerce (ICC) has selected Md Bakhteyer Hossain, vice-president and head of Correspondent Banking of Mutual Trust Bank Limited (MTB), as member of the panel of experts for ICC DOCDEX Services, said a press release....
FE ReportThe Secretariat of South Asia Network of Economic Research Institutes (SANEI) has been moved to Bangladesh Institute of Development Studies (BIDS) for the next five years, a press release said.A decision was taken in this regard in a recent...
HONG KONG, May 18 (AFP): Asia's markets were mixed Monday as economic fears resurfaced, while an outbreak of swine flu in Japan caused jitters among dealers and profit-takers took advantage of last week's strong finish.TOKYO: Down 2.44 per cent. The...
Bangladesh Cricket Board (BCB) XI earned second successive victory in the three-match Twenty20 cricket series beating Indian Ranji Trophy side Maharashtra Cricket Association by 46 runs at the Sher-e-Bangla National Cricket Stadium at Mirpur in Dhaka Monday, reports UNB.Hosts BCB...
England 569 for 6 dec (Cook 160, Bopara 108) beat West Indies 310 (Sarwan 100, Anderson 5-87) and 176 (Chanderpaul 47, Anderson 4-38) by an innings and 83 runs.James Anderson provided a swing-bowling masterclass as England beat West Indies at...
Bangladesh Ansar & VDP team clinched the EXIM Bank 20th National Women's Handball title beating hosts Faridpur DSA by 23-14 goals in the final at the Faridpur Stadium Monday, reports UNB.The winners led the first half by 14-7 goals. This...
KARACHI, May 18 (PTI): India and Pakistan will reprise the final of the inaugural Twenty20 World Cup in a practice match at The Oval on June 3. According to details, tickets for the match have already been sold out making...
LAHORE, May 18 : A Pakistani court today issued a stay order against the relocation of the World Cup 2011 secretariat from the country's cultural capital to India on security grounds. "The civil court of senior judge Mohammad Younis Anees...
MADRID, May 18 (AFP) : Rafael Nadal shrugged off his Madrid Masters final defeat to Roger Federer and insisted that it will not have a detrimental effect on his bid to lift a record fifth successive French Open title. The...
FE ReportThe 30th AB Bank National Table Tennis Championship 2009 will be held on June 6-13 at the National Sports Council Gymnasium in Dhaka, said a press release.Bangladesh Table Tennis Federation and AB Bank Ltd will jointly organise the national...
The final round of the Citycell National School Football Championship, organised by Bangladesh Football Federation (BFF), begins May 25 in the city, reports UNB.Four matches will be held on each day at two venues- Bangabandhu National Stadium and Abahani Club...
The police arrested 520 more border guards Monday from Rajshahi, Chapainawabganj, Sunamganj, Moulvibazar, Khagrhachharhi, Cox's Bazar, Mymensingh and Jamalpur on charges of sedition pressed after the February 25-26 BDR mutiny, reports bdnews24.com. The arrests pushed the count outside capital Dhaka...
Chief Election Commissioner (CEC) Dr ATM Shamsul Huda said Monday the Election Commission (EC) may start updating the countrywide voter list with photographs by the end of June, reports UNB."We may start updating the voter list by the end of...
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