FE Report One local trading house said Monday that it would supply environment-friendly chemicals for textile, garment, leather and soap factories by imports from India.Currently, the chemicals are being imported mainly from China and Thailand. Apart from this, local manufacturers...
Bangladesh Rifles clinched the EXIM Bank 19th National Men's Handball title beating Bangladesh Police by 32-17 goals in the last 'super three' match at the outer stadium handball ground in the city Monday, reports UNB.It was the 18th national crown...
Bangladesh Cricket Board (BCB) Monday selected 67 players for the national pace foundation trial, reports UNB. The players have been asked to report to head coach of pace foundation Sarwar Imran and others at BKSP in Savar.All the players from...
LONDON, June 1 (AFP) : New Zealand captain Daniel Vettori said he expected spin to play a major role in the upcoming World Twenty20 in England.Orthodox slow left-armer Vettori is an integral member of the Black Caps' bowling attack in...
Moulvibazar Victoria High School and Barisal Town Secondary High School moved into the final of the Citycell National School Football Championship eliminating their rivals in the semifinals at the Bangabandhu National Stadium Monday, reports UNB.They will play the final tomorrow...
LONDON, June 1 (AFP) : Chelsea Monday confirmed the appointment of Carlo Ancelotti as their new manager on a three-year contract.He will succeed Guus Hiddink, who stood down as interim coach at Stamford Bridge after Saturday's FA Cup final victory...
20 overs Australia 219 for 6 (Watson 52, Haddin 47, Mahmuddulah 4-37) beat Bangladesh 181 for 7 (Shakib 54, Johnson 3-21) by 38 runs Australia, spurred to a daunting total by a thumping opening partnership, clinched a facile victory over...
Sangakkara learning to live with Lahore memories LONDON, June 1: Sri Lanka captain Kumar Sangakkara said that while life for his side would not be the same after the attack on their team bus in Pakistan it would not stop...
Kayes M Sohel The Securities and Exchange Commission (SEC) has asked the bourses to make a guideline on transferring junk shares from the electronic board to over the counter market (OTC).The directive came against the backdrop of recent unusual price...
M Azizur RahmanA large number of international oil companies (IOCs) are keen on going for joint ventures with the country's state-owned energy companies for oil and gas hunt in onshore and offshore hydrocarbon blocks, officials said Sunday.They are now eagerly...
The cabinet Monday decided to advance the clock by an hour from zero hour on June 19 to make the most of sunlight as a measure for solving the prevailing crisis of electricity, reports UNB.In its meeting held at Bangladesh...
Doulot Akter MalaGovernment is likely to offer a tax incentive package to the small and medium enterprises (SMEs) and cottage industries in the upcoming fiscal, aiming to boost the production capacity of the local manufacturing sector, officials said Monday.The revenue...
S M JahangirThe government has formed a high-powered 'Jute Commission' for salvaging the country's ailing jute industry amid doubts raised by the sector insiders about any positive outcome.The Ministry of Textile and Jute announced recently the formation of the 19-member...
Siddique Islam The central bank has revised the guideline on Equity Entrepreneurs Fund (EEF) reducing the minimum disbursement limit to Tk 2.0 million from the existing Tk 5.0 aiming to encourage entrepreneurs to set up agro-based industries."We've revised the guideline...
FE ReportBangladesh will work with Thailand to reduce trade gap, which is heavily in favour of Thailand, said foreign minister Dr Dipu Moni Monday."Thailand exports over $500 million worth of products to Bangladesh a year against imports worth over $20...
From Fazle RashidNEW YORK, June 01: General Motors, commonly known by its acronym GM, a symbol of America's industrial might filed for bankruptcy today, media reported.The government would provide an additional $30.1 billion atop $20 billion already paid to the...
FE ReportDhaka stocks rose Monday again after Sunday's slight drop. The gain was led by non-banking financial institutions (NBFIs), Beximco Group, IT, insurance, ceramic and cement issues, while mutual funds, which gained on the previous day, dropped on price correction.The...
The condition of a sacked Grameenphone (GP) executive deteriorated seriously as their hunger strike unto death in front of the company premises in the city continued for the second day Monday demanding reinstatement and payment of salary and allowances in...
FE ReportA listed criminal was killed and two snatchers were injured in separate shootouts with RAB and police in the city's Mirpur, Jatrabari and Shanir Akhra areas Sunday night and Monday.In the first incident, a team from Shah Ali police...
FE ReportThe state-owned Tabani Beverage Company Ltd. has taken a move to market its soft drink products in plastic PET bottles replacing the traditional glass bottles for convenience of consumers, officials said Monday.The company would set up a plant for...
NEW YORK, June 1 (CNNMoney.com): Oil prices touched 7-month highs Monday as global stock markets surged and the U.S. dollar weakened.Crude futures were up $1.46 at $67.77 a barrel but had reached as high as $68.29 in electronic trade earlier....
The World Bank (WB) has suggested Bangladesh to shape up Chittagong and Mongla seaports as regional ports for smooth regional connectivity, which the donor agency thinks will spur the country's economic uplift, reports UNB.WB Regional Director Sadiq Ahmed came up...
A deep convection is taking place over North Bay and adjoining costal areas of the country under the influence of Southwest Monsoon, a week after cyclone Aila devastated costal districts. "Southwest Monsoon is moderate to strong over north Bay," said...
The High Court (HC) Monday asked the government to set up food courts in a year at district level providing with necessary inspectors and analysts to ensure safety, purity and proper nutrition values of foods. Delivering the judgement upon a...
At least 400 students of eight schools in Laxmichhari of Khagrachhari fell sick after taking fortified biscuits distributed under feeding programme of the United Nations World Food Programme (WFP) Monday morning. — UNB
THE government is reportedly mulling a few changes in the Public Procurement Act (PPA) and the Public Procurement Rules (PPR) following complaints from various agencies under its control that proper compliance with certain provisions of the same, delays implementation of...
Syed Fattahul AlimDESPITE the global financial meltdown, Bangladesh economy is yet to be seriously affected by the general fall in the global demand market. The remittance inflow is still robust defying the fear that the job cuts in the host...
M. AbdullahWHITENING of black money is being suggested from different quarters including the country's chamber bodies. Chamber bodies have made known their specific proposals about the matter. The Jatiya Sangsad (JS) standing committee that examined the issue also give a...
FURTHER increase in remittance flows can be achieved by an assortment of policies in different sectors and not alone by setting up remittance houses abroad. While it has been a useful step, other policies must be pursued for augmenting remittance...
SOME 2,794 colleges across the country can admit 4,63,000 students only while 7,50,538 students passed the SSC exams this year.To minimise the problem of admission-seekers, the government should reopen intermediate classes in the old colleges like Carmichael College, Rangpur, Rajshahi...
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