FE ReportDhaka stocks closed slightly lower Wednesday as the investors were selective in trading, leading to sharp fall in turnover.The benchmark DSE General Index dropped 7.10 points after gains of more than 12 points in early trade.Investors appeared cautious in...
A Z M AnasBangladesh has beefed up diplomatic drive to expand manpower markets in East Europe as recession-hit traditional destinations scale back hiring Bangladeshi workers, officials said Tuesday.As part of the move, they said, the country has focussed on new...
FE Report The government has appointed Professor Atiur Rahman, a development researcher, as Bangladesh Bank's 10th governor for a four-year term. An establishment ministry order issued on Wednesday said Atiur, a former BIDS research fellow who now runs an NGO...
FE Report The government is likely to impose value added tax (VAT) on the import of mild steel (MS) rods to protect the local re-rolling mills. A senior official at VAT wing of the National Board of Revenue told the...
FE ReportThe country is still out of highly contagious swine flu, a high-level government meeting was informed Wednesday ,according to reports from agencies.Screening of incoming passengers started at Zia International Airport Wednesday.Health and Family Minister Dr AFM Ruhul Huq chaired...
S M JahangirA move is underway to enact a new law by unifying the two existing age-old ordinances to strengthen the regulatory control on the foreign-aided NGOs working in Bnagladesh, sources said."A plan is underway to formulate a new act...
BRAHMANBARIA, April 29: A technical glitch caused the GT-2 unit of Ashuganj Thermal Power Plant (ATTP) in Brahmanbaria, capable of producing 56 MW electricity, to shut down Wednesday, an official said. The gas turbine-2 unit went out of operation at...
NARAYANGANJ, Apr 29: Unidentified young man sliced into 12 was found in two sacks under the earth at Amlapara in the town Wednesday afternoon causing panic among the local residents. Police suspect the killers hid the body parts about a...
The Bangladesh Rifles (BDR) authorities Wednesday made public the list of looted ammunition and explosives, saying 209 arges grenades, five 60-mm mortar shells and one 40 mm rocket launcher shell were missing since the February 25-26 carnage at its headquarters....
FHM Humayan KabirThe government is likely to undertake two new job creation schemes besides continuing with the 100-day employment generation programme for which nearly Tk 20 billion is likely to be allocated in the upcoming national budget, officials said Wednesday.A...
FE Report Leading electronic and appliance retailer Singer Bangladesh's net profits jumped over 50 per cent last year, as record sales and lower operating costs helped boost its income, the company has said. Despite the beginning of global financial crisis,...
The remittance inflow won't melt away under the impact of the global economic meltdown as some 0.20 million (2 lakh) people have been sent abroad in the last 3 months while only 27 thousand expatriates returned from their overseas jobs,...
From Fazle RashidNEW YORK, April 29: The American banks which have been beneficiaries of billions of dollars from government's bailout programme have become rebellious. They want to break loose from government control. The move is not against growing regulations but...
Md Fazlur Rahman Back from SirajganjAleya Begum and her three young kids used to live in a polythene-wrapped hut even two years ago. Although she, abandoned by her husband a decade back, worked as a weaver on a loom, it...
Siddique Islam The central bank has allowed two credit rating agencies for working as external credit assessment institutions (ECAIs) to assess credit risks in line with the Basel-II framework, officials said Wednesday. Two local credit rating agencies - Credit Rating...
Science and ICT Ministry is now waiting for the go-ahead from the Prime Minister's Office (PMO) to sign two agreements with Russia to advance with the conceived nuclear power plant (NPP) projects, reports UNB. As a follow-up move to the...
The High Court (HC) Tuesday granted bail for six months to Wadud Bhuiyan, an ex-BNP lawmaker from hill-district Khagrachhari, who was jailed for 20 years in a graft case during the past emergency period, reports UNB.A division bench comprising Justice...
Bangladesh's dream to clinch the AFC Challenge Cup Qualifier title was shattered as strong Myanmar that came from behind upset the hosts by 2-1 goals in a vital Group A match at the Bangabandhu National Stadium in Dhaka Tuesday.With this...
India will host the final and one semi-final of the 2011 World Cup while Sri Lanka will stage the other semi-final, the tournament's organising committee decided in Mumbai Tuesday. India will host 29 of the 49 matches across eight venues,...
Cambodia beat Macau by 2-1 goals to taste the first win in group A match of the AFC Challenge Cup Qualifier at the Bangabandhu National Stadium in Dhaka Tuesday, reports UNB. Strikers Teag Vathanak and Keo Songorn scored one goal...
Delhi Daredevils 143 for 7 (de Villiers 50, Vettori 29, Munaf 2-14, Mascarenhas 2-28) v Rajasthan Royals The powerful batting line-up that made Delhi Daredevils the favourites in the lead-up to the tournament faced its first serious challenge, as Rajasthan...
PORT ELIZABETH, Apr 28 : Senior pros Sachin Tendulkar and Sanath Jayasuriya produced vintage strokeplay to give Mumbai Indians a key victory in the Indian Premier League here Monday. The ageing duo hammered 127 for the first wicket from just...
MSC, Abahani post big wins Mohammedan SC and Abahani Limited won their respective matches in the Women's Club Cup Cricket Tournament at different city venues Tuesday. In the day's matches, Mohammedan SC (34/0) earned an emphatic 10-wicket win over Indira...
Australia 198 for 7 (Clarke 66, Ferguson 41, Gul 3-38, Afridi 2-31) beat Pakistan 171 (Butt 48, Shehzad 40, Clarke 3-15, Hauritz 2-25 ) by 27 runsABU DHABI, Apr 27 (AFP): Michael Clarke's all-round performance helped his team give Pakistan...
SYDNEY, Apr 28 (AP): Fast bowler Brett Lee is set to rejoin the Australian cricket team and could play the last two limited-overs matches in a series against Pakistan at Abu Dhabi.Lee, who has not played for Australia since December,...
Prime Minister Sheikh Hasina, in pursuance of her government's charter of change, Tuesday called upon the government officials to shake off the outlook of colonial eras, and act as friends of the mass people, not as their masters, reports UNB....
Scorching heat and acute crisis of drinking water are causing various diseases, particularly diarrhoea, with around 1,000 people - mostly children and slum-dwellers - hospitalised everyday at ICDDR,B in the city, reports UNB.Expert physicians said the patients with complaint of...
WASHINGTON, April 28, 2009 (AFP): The World Bank Tuesday said it was too early to make an accurate cost estimate of the global economic impact of the rapidly spreading swine flu outbreak."The situation's evolving constantly and it's just too soon...
FE ReportTrading Corporation of Bangladesh (TCB) is going to import edible oil soon and the government plans to arrange state-to-state deal to import the essential item to make the price of the commodity stable, said commerce minister Faruk Khan Tuesday."We...
Md Fazlur RahmanThe deadline for submission of application forms for the city development authority's much-talked-about housing projects expires Thursday with over 0.1million applicants vying for around 8,000 plots, officials said. Sukumar Chandra Saha, member estate of Rajdhani Unnayan Kartripakkha (Rajuk),...
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