The Election Commission (EC) has decided to issue letter to the ruling-party MP Sarah Begum Kabari requesting the popular actress-turned-lawmaker to testify on the allegation found about her dual-citizenship, reports UNB.Official sources said the EC will also issue letter to...
Siddique Islam The call money rate came down to as low as 0.25 per cent in inter-bank money market Wednesday as the banks are now awash with excess liquidity. The overall excess liquidity with the commercial banks, a record Tk...
Shahiduzzaman KhanDifferences of opinions have surfaced over the country's growth rate projection for the current fiscal against the backdrop of economic meltdown now sweeping across the globe. Some economists of the country and the multilateral donor agencies have said that...
Exactly a week after the prime minister spoke on the issue in parliament, the cabinet decided Wednesday to cancel the lease on 6 Mainul Road bungalow in Dhaka cantonment, given away to Khaleda Zia after the May 30, 1981 murder...
FE ReportThe Dhaka Stock Exchange (DSE) is expected to propose today (Thursday) the introduction of share buyback system in order to 'save' the investors in the falling market.The country's prime bourse is set to put forward the proposal during a...
FE ReportDhaka stocks extended losses Wednesday with the DSE benchmark index hitting an almost 20-month low on the day as worries gripped the investors over the market direction.The benchmark index Dhaka Stock Exchange (DSE) General Index (DGEN) closed at 2414.27...
FE ReportReduction of interest rates on deposit is in the offing as the finance minister has supported such a move by commercial banks following their recent decision on cut in lending rates. On Tuesday, commercial banks operating in the country...
FE ReportBangladesh has tremendous potential for export of jewellery and cut diamond to the market of Hong Kong, said a senior official from the apex trade body of the island city. "Hong Kong is the world's premier financial and business...
BNP has announced a two-day countywide demonstration programme in protest against the cancellation of lease allocation of Khaleda Zia's residence in Dhaka Cantonment. A joint protest meeting of BNP and its front organisations will be held in the city's Muktangon...
Classes and other academic activities of the Dhaka Medical College (DMC) will resume Saturday after a nine-day closure over violent clashes between two factions of Bangladesh Chhatra League (BCL). — FE Report
Four people were killed as a truck rammed into a bus Wednesday at Mirzapur Bus Stand in Tangail. Two people died on the spot and 20 others were injured as the truck hit a Dhaka-bound Jhatika Paribahan bus coming from...
The government Wednesday replaced 23 deputy commissioners (DCs). They have been posted back to the establishment ministry until their next appointments while 23 deputy secretary-level civil servants have taken their places. — bdnews24.com
The Members of Parliament (MPs) elected in the April 2 by-elections were sworn in at a ceremony in the oath-room of Jatiya Sangsad Bhaban Wednesday. — UNB
FE Report Bangladesh Bank Governor Dr Salehuddin Ahmed said Wednesday no blanket package should be offered to any sector since nothing like collapse of financial institutions as happened in the West has taken place in Bangladesh."Bangladesh doest not need [large-scale...
FE ReportPower generation that reached a record 4,147 megawatt (MW) Friday last dipped by nearly 500 MW Wednesday due to inadequate gas supply affecting normal life and hampering industrial production across the country, officials said Wednesday.All the public and private...
A Z M AnasAn expatriate banking veteran has been named the top executive of IDCOL, the company said Wednesday, as the state lender moves to inject new dynamism into its decade-long infrastructure business.Islam Sharif, a former American Citibank executive, has...
The government might go harsh on the country's corporate sector in the next fiscal budget with the denial of their long-time plea for reducing the corporate taxes, reports UNB.Sources in the National Board of Revenue (NBR) said cuts in corporate...
The Anti-Corruption Commission (ACC) said Wednesday it would decide on a government order to appear before a parliamentary standing committee after examining the legality of the summons, reports bdnews24.com."We will examine the legal aspects of whether an autonomous body is...
FE Report The Economist Intelligence Unit's (EIU's) 2008 Democracy index ranks Bangladesh and Pakistan among hybrid regimes, one category above the authoritarian regimes. The index ranks India 35th among "flawed democracies" of the world, five places short of the list...
FE ReportLabour and Employment Minister Khandaker Mosharraf Hossain Wednesday said there is no alternative to open pit mining to face the growing energy crisis in the country."We will not be able to extract more than 10 to 12 per cent...
From Fazle Rashid NEW YORK, April 8: China with a foreign exchange reserve of over $2.0 trillion and a huge balance of trade edge over all other major economies, will replace the US and become the new engine of growth...
THE gas deposits in the existing fields of the country will start depleting from 2011 until the entire proven gas reserves are commercially exhausted by 2020, if new fields are not discovered sooner than later. This situation has tended to...
Enayet Rasul BhuiyanThe recurrent incidents of violence, one after another, in the country's premier institutions of higher education and their shutting down one after another in quick succession, is casting a pall of gloom among the actual student population, the...
Farhad KhanIT is estimated there are 2.2 to 3.0 million working nurses averaging 47 years old in the US, for example. The annual vacancy rate is approximately 9.0 per cent. The US anticipates a shortage of 800,000 nurses by 2050....
We have an extraordinary cultural trait and that is 'todbir' or lobbying that is exerting influence for whatever it may be that the person wants. It could mean putting in a good word to get the job done or direct...
THE people have given their verdict in favour of Awami League expecting a change. But they seem to be getting frustrated over some of the activities of the ruling party and its leaders. There is yet, in substance, no change....
FM Radio is gradually getting popular with the masses. In Chittagong one can tune in three FM stations -- radioTODAY (88.6), radiofoorti (98.4) and Bangladesh Betar Chittagong (105.4 MHz).Countrywide broadcast does a good service. The authorities can also air devotional...
Akhter Jamil FCA IT is unfortunate that despite adoption of an "Accounting Standard" by many Asian countries including India and Pakistan, to improve the standards in the world of accounting, Bangladesh is still lagging behind. Accounts are being prepared by...
Md. Shakib HasanFERDOUSI is a girl of 22 studying in a renowned private university. She is good-looking. Her wedding was supposed to be held two months before as arranged by her guardians. But the marriage could not be held. The...
WASHINGTON, Apr 8 (AFP): Investors braced yesterday for the US corporate earnings season that many expect will be brutal as the prolonged recession bites, and data showed a steeper contraction in the eurozone. Pessimism gripped financial markets, particularly stock markets,...
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