FE Report The Bangladesh Bank (BB) has asked the commercial banks to develop self-assessment procedures to assess the anti-money laundering performance of their branches. The directive came at a meeting of the central taskforce on anti-money laundering held at the...
DU CorrespondentDhaka University (DU) took a festive look Sunday with the arrival of most of the students on the campus, as classes and other academic activities of the university resumed on the day after an unscheduled closure of 66-days.Academic activities...
MADRID, Oct 28: Spain will soon open an embassy in Dhaka to promote economic and business relations with Bangladesh. Queen Sophia of Spain said this while UNB Chief Editor Enayetullah Khan met her in a courtesy call on the sidelines...
Army chief General Moeen U Ahmed returned home Saturday midnight after a tour of three countries, an official said. Wazir Uddin Ahmed, spokesman for the Inter-Service Public Relations Directorate said: "The army chief returned home soon after Saturday midnight." Moeen...
Eleven alcohol peddlers, including two women, were arrested Sunday with 21,400 bottles of country-made liquor from north Badda in the city. A police team led by AC of Gulshan raided L H Company, a licence holder at Hossain Market in...
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Sunday decided to invite prominent trade bodies to nominate their candidates for SAARC visa sticker. The decision was taken at the Board meeting of the apex trade body with its...
Jasim Uddin Haroon The Bharat Petroleum Corporation Limited (BPCL), an Indian state-owned oil company, has been delaying supply of agreed fuel to Bangladesh following sharp appreciation of the Indian rupee against the US dollar. The Indian Rupee appreciated by around...
FE Report The Bangladesh Bank (BB) has asked eight state-owned banks and financial institutions to follow the recently relaxed rules and regulations for intensifying disbursement of fresh agriculture credit to the flood-affected farmers. The central bank has relaxed the existing...
Naim-Ul-KarimThe government expects to record exports worth $1.0 billion (100 crore) to France this fiscal, mainly thanks to readymade garments (RMG), frozen foods, knit wear, home textile and leather, sources said."We are gearing up our commercial wing at Bangladesh mission...
CHITTAGONG, Oct 28 (UNB): Chittagong Port Authority (CPA) Chairman Commodore M Faruque strongly recommends allowing regional transit trade through the seaport, saying that it would boost the income minimum 4-5 times."The port has the skills and qualities necessary to give...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) Sunday were mixed due to price correction of some over-priced issues.Market operators said the price correction on the DSE might continue for a few more days. "So, prices of some issues...
FE ReportThe council of advisers Sunday approved the proposed Mobile Court Ordinance 2007, providing the executive magistrates with some specific judicial power.A rescheduled meeting of the advisers with the Chief Adviser Fakhruddin Ahmed gave the approval, an official handout said.The...
The Supreme Court (SC) Sunday upheld the High Court (HC) verdict that had declared illegal the detention order of former Law Minister Moudud Ahmed, reports UNB.The apex court, however, partly granted leave-to-appeal sought by the government for hearing the HC...
Fighting in NE Pakistan leaves 10 militants deadSWAT, OCT 28 (AP): Security forces backed by helicopter gunships killed 10 suspected insurgents Sunday in a mountainous valley in northwestern Pakistan, where the government is battling supporters of a militant pro-Taliban cleric,...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Sunday with moderate demand for the greenback in the inter-bank foreign exchange market, fund managers said.The inter-bank call money was also steady in an active market despite withdrawal of...
The Election Commission (EC) will send its invitation to Bangladesh Nationalist Party (BNP) to sit for dialogue on electoral reforms within November 7 if the party reached a consensus to end their leadership dispute by then."Otherwise, if the internal conflict...
The well-marked low in the south-west and adjoining south-east Bay of Bengal intensified into a depression Sunday evening, Met Office sources said, reports BSS.Earlier in the morning, it brewed off a low-pressure area at the same place. Later, it intensified...
The National Board of Revenue has extended the deadline for submitting individual income tax returns by another month, the country's top taxman said Monday. Considering the recurrent floods this year and then the Ramadan, the Eid ul-Fitr and the Durga...
The Rapid Action Battalion has arrested 12 militants with suspected ties to banned Islamic outfit Jamaatul Mujahideen and seized a cache of 16 grenades and other devices in an intensive operation, a RAB official said Monday. Three suspects in custody...
An anticorruption taskforce Monday started quizzing former prime minister Sheikh Hasina in special jail in connection with the power-plant graft case. Deputy inspector general of prisons Major Shamsul Haider Siddiqui told bdnews24.com: "An ACC team is conducting the investigation in...
Chalmers Johnson in the first part of his two-part reviewTHERE are many books entitled "A Guide for the Perplexed," including Moses Maimonides' 12th century treatise on Jewish law and E. F. Schumacher's 1977 book on how to think about science....
Valerie Rota and Patrick HarringtonMexican President Felipe Calderon is delivering a grim message: The largest oil producer in Latin America is running out of crude. ``Our oil reserves have been consistently falling,'' and the decline is ``severely threatening'' government finances,...
Jon Boone from KabulTHE Afghan public has become more pessimistic about the future of their country after a year of rising insecurity and Taliban violence, Afghanistan's largest-ever opinion poll has found.Just 42 per cent of the 6,263 adults questioned nationwide...
Allegations have been galore that a section of cooperative societies are cheating unsuspecting small savers through their unlawful banking transactions. The legal lacuna has helped these societies to use the word -- bank -- at the end of their respective...
Shahiduzzaman KhanTHE SAARC Energy Centre, which is now being set up, is expected to act as a catalyst for economic growth and development in the South Asian region. It will concentrate on the sharing of information, technological expertise and hardware...
Amy KazminAUNG San Suu Kyi, Burma's detained Nobel Prize-winning democracy advocate, held talks last Thursday with a senior member of the ruling junta, as the military regime sought to deflect both international and internal criticism of their crackdown on Buddhist...
M Azizur RahmanBUSINESSMEN are the major tax payers in any country and in Bangladesh. Business is involved in manufacturing, production, trading and purchase and sales of goods and services. Business is for the human life and also for living for...
THE governor of the Bangladesh Bank (BB) has assured us on his return from Washington after attending the meetings of the International Monetary Fund (IMF) and the World Bank (WB) that prices of essentials will not increase, allaying the fear...
I could not check myself from writing this letter though I do not belong to the letter writing species. The occasion is a national news agency story carried by The Financial Express dated October 22, in a three-column spread on...
Lawrence M Fisher MUSIC lovers can easily jack their PC or iPod into their stereo system to hear their music collection on something with a little more oomph than earbuds.But if they are serious music lovers - audiophiles, that is...
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