ISLAMABAD, Pakistan (AP): Pakistan's parliamentary elections will he held by mid-February, a month later than planned, the country's military ruler said Thursday, a day after President Bush had urged him to hold the vote on time. Opposition leader Benazir Bhutto...
FE Report A new electronic 'delivery versus payment' (DVP) system has been proposed aiming to avoid settlement risks of the government-approved securities in the secondary bond market. Under the proposed settlement system, the government securities will be transferred electronically through...
S M JahangirThe country has sustained losses to the tune of around Tk 120 billion in terms of business and revenue due to a series of disruptions in the Dhaka-Chittagong optical fibre network by vested groups, sources said.The Dhaka-Chittagong optical...
A Dhaka court Thursday remanded ASM Hannan Shah, adviser to BNP chairperson Khaleda Zia, for three days after he was arrested on charges of violating emergency rules, reports bdnews24.com.Magistrate Habibur Rahman Siddiqui of the Chief Metropolitan Magistrate's Court for Dhaka...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) continued to rally for the second consecutive trading day Thursday as the stocks of the banking and power sectors and Lafarge Surma Cement gained.Trading of shares on the DSE resumed Thursday...
Doulot Akter MalaThe National Board of Revenue (NBR) has been intensifying its efforts to boost tax revenue collection through initiating proper action plan and giving specific guidelines to the tax officials.NBR Chairman Muhammad Abdul Mazid will sit with taxmen on...
Michiyo Nakamoto, FT Syndication ServiceTOKYO: On any given weekend, the shops in Tokyo's newest retail complexes are bursting with young men and women searching for the latest trendy accessory or queuing for a taste of gourmet chocolates flown in from...
Acting Awami League (AL) President Zillur Rahman Thursday demanded to the Caretaker Government (CG) to lift the ban on indoor politics across the country and withdraw the state of emergency now, as he said, presently peace prevails on the political...
FE Report Abdul Awal Mintoo, former President of Federation of Bangladesh Chambers of Com merce and Industry (FBCCI), was freed on bail Thursday. The FBCCI hailed the release of its former president and said that it would help restore confidence...
President Dr Iajuddin Ahmed Thursday returned home after a weeklong official visit to the US. He arrived at Zia International Airport by a flight of the Emirates airlines at about 8:35pm. The President left the city for New York on...
Indian High Commission (IHC) in Dhaka Thursday said, export restriction by India on non-basmati rice is 'not country specific', as some press reports suggested that the restriction is applicable to Bangladesh only. In a press release it said, the export...
The government Thursday approved a proposal for purchasing 3,74,500 tonnes more fertiliser, and 1,18,000 tonnes of rice. The approval was given at a meeting of the Advisory Committee on Government Purchase, held in the conference room of the Cabinet Division...
The government has directed the law-enforcing agencies to remain alert, so that the prices of the essentials do not go up due to law and order situation, reports UNB.The instruction was given from a meeting of the Advisory Committee on...
Refayet Ullah MirdhaThe board of directors of Dhaka Stock Exchange (DSE) Thursday agreed, in principle, to list the state-owned Jamuna and Meghna Oil companies for offloading their shares for formal trading in the stock markets.Earlier, a DSE board meeting sought...
FE ReportThe government Thursday received qualification statements from six applicants interested in bidding for the 450-megawatt (MW) Bibiyana power plant project, a press release said.They are Korea Electric Power Corporation of South Korea, AES Corporation of USA, a consortium of...
FE Report The Chittagong Chamber of Commerce and Industry (CCCI) Thursday formed a 'Price Monitoring Cell (PMC)' in the port city after a meeting on 'Prices of Essential Commodities.' According to a press release of the CCCI, the PMC includes...
FE ReportMembers of the Rapid Action Battalion (RAB) Thursday arrested 12 persons in the city for their alleged involvement in bank draft forgery.The arrested persons were identified as Akter Hossain (33), Abhijeet (32), Jahangir (31), Belal Member (55), Abdul Majid...
FE ReportA high-powered government delegation will participate in the 24th economic commission (EC) meeting of the D-8 group in Indonesia later this month.The meeting, scheduled to be held on November 22-23, will review progress of intra trade commerce and investment...
FE ReportThe US dollar slightly gained ground against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with higher demand for the greenback, fund managers said.The inter-bank call money rate, on the other hand, remained steady despite higher...
Development activities under the Annual Development Programme (ADP) could face setbacks this financial year as the import of black stone, limestone, river stone and black ash has halted for the last three months, reports UNB.The government in an SRO on...
UN envoy leaves Myanmar without meeting junta leaderBANGKOK, Nov 08 (Internet): A United Nations mission to broker negotiations between Myanmar's military government and pro-democracy leaders ended in failure Thursday after the UN special envoy, Ibrahim Gambari, left the country without...
Maswood Alam KhanHOUSE Building Finance Corporation (HBFC), which had been a little laid-back in disbursing new loans for quite a long time, seems to have been vivacious of late, thanks to remarkable changes in her leadership patterns and recent initiatives...
Mustafizur Rahman, Ph.D The activities and plans of RAJUK, PDB, DESA, Titas Gas, WASA, Dhaka City Corporation (DCC), BRTA, Railway, Ministry of works and LGRD were in need of coordination to build a city that would be home to more...
HONG KONG, Nov 7 (AFP): Chinese Premier Wen Jiabao has made a rare defence of his economic policies against critics who accuse him of failing to tackle the country's overheated growth, a report said today. In an unusual public rebuttal...
LONDON, Nov 7 (AFP): The Bank of England (BoE) is expected to leave interest rates on hold again Thursday despite concerns over the impact of the global credit squeeze on the local economy, analysts said. The BoE's Monetary Policy Committee...
SYDNEY, Nov 7 (AFP): Australian Prime Minister John Howard, who is fighting to save his job in upcoming elections, apologised to voters today after the central bank hiked interest rates to an 11-year high. The unprecedented timing of the rate...
NOVOSIBIRSK, Russia, Nov 7 (Reuters): After building a chain of restaurants selling pizza to the Siberians, Eric Shogren has a few tips for foreigners wanting to break into the booming Russian market. Good contacts and respect for the Russian way...
LONDON, Nov 7 (Reuters): Permanent job placements rose at their slowest pace in more than a year in October but ongoing skill shortages pushed wages slightly higher, a survey showed Wednesday. The KPMG/Recruitment and Employment Federation Report on Jobs showed...
BEIJING, Nov 7 (AFP): China had issued more than 1.3 billion bank cards by the end of September, roughly equivalent to the country's total population, state press reported. Payment made by card accounted for over 18 per cent of China's...
SEOUL, Nov 7 (AFP): A South Korean firm said today it has won a 310 million dollar contract to supply 192 carriages for the subway in the Indian capital New Delhi. Rotem, a unit of Hyundai Motor, said the order...
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