Former Dhaka metropolitan magistrate Rokanuddowla Wednesday apologised unconditionally to the Chief Justice, the government and others for speaking against the separation of the Judiciary, report bdnews24.com and UNB. "In trying to express my feelings, I became rude. I therefore offer...
Jo Johnson FT Syndication ServiceNEW DELHI: Senior Indian government ministers are showing fresh enthusiasm for building an oil and gas pipeline to Iran, in a move likely to add further tensions to US-India relations. Growing support for the pipeline, which...
World Bank president Robert Zoellick will visit Bangladesh during the first week of November, government and WB officials said. "He [Zoellick] will come here on November 3 on a two-day visit," Shaheedul Haque, additional secretary at the Economic Relations Division....
The government has granted one-month leave to former chairman of the National Board of Revenue (NBR) Badiur Rahman. With the approval of the leave, according to rules, he became an officer on special duty (OSD) at the Establishment Ministry. The...
Dhaka cleared the position on operationalisation of the passenger train service between Bangladesh and India as a question arose in some sections of the press about Bangladesh's 'reluctance'. "The factual position is that discussions are ongoing on and a draft...
FE Report The authorities are concerned over the poor disbursement of agriculture credit as state-owned banks could distribute only Tk 8.85 billion during the first three months of the current fiscalThis is only 13 per cent of the total disbursement...
Raihan M ChowdhuryNovartis (Bangladesh) Limited will expand its business in the country aiming to contribute more to the national economy."In terms of infrastructure, we are proud of the human resources and structural capacity that we have. In addition, we will...
FE Report The Bangladesh Bank (BB) asked the commercial banks Wednesday to provide all-out cooperation to the fertiliser importers to ensure smooth supply of the agricultural inputs during the coming Boro season. "We have asked the banks to help traders...
Jasim Uddin Haroon The government has decided to reduce the handling charges of refrigerated containers at the country's premier Chittagong port, which might help bring down prices of the imported perishable items.The refrigerated containers are used for carrying perishable items,...
The Anti-Corruption Commission (ACC) Wednesday received the statement of former principal secretary to the Prime Minister's Office (PMO) Dr Kamaluddin Siddiqui by post in connection with the GATCO scam case, filed against former premier Khaleda Zia and 12 others, reports...
Sarwar ZahanThe government is going to make it compulsory for the non-governmental organisations (NGOs) engaged in micro-credit operations to ensure provisioning arrangement for loans disbursed, sources said.Finance ministry sources said it might be made mandatory for the NGOs to ensure...
Doulot Akter MalaThe National Board of Revenue (NBR) resumed its tax survey across the country Wednesday after an interval of 16 days for Eid-ul Fitr and Durga Puja holidays.The board had suspended the tax survey ahead of the Eid-ul Fitr...
FE ReportPrices of essential commodities, including rice and onion, have gone up substantially in the local markets putting the consumers, especially the people of low-income group, under tremendous pressure.Market operators said prices of rice and onion have registered a significant...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) Wednesday closed mixed due to profit taking by the investors.Market operators said most DSE indices fell after investors booked profit from gains made during a market rally over the past several...
FHM Humayan KabirThe World Bank (WB) is likely to provide financial support for the development of the country's energy sector and help augment production and supply of the hydrocarbon, finance ministry sources said.A WB mission is scheduled to arrive Dhaka...
FE ReportThe US dollar slightly gained ground against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money also rose nominally in an active market due to...
Dhaka, Oct 24 (UNB)- Task force tonight raided and searched the Pallabi residence of Proshika chief Dr Kazi Faruq Ahmed and Gulshan residence of Awami League leader AKM Rahmatullah. The search at Kazi Faruq's residence continued till midnight. Details were...
The country has sufficient stock of urea fertiliser to meet the demand during the upcoming Boro season and the government is cautious about fertiliser reaching the farmers on time.Adviser for Law and Information Barrister Mainul Hosein said this after attending...
Two seminars on Bangladeshi garments were held in Tokyo and Osaka of Japan recently to help expand the markets of garments there.Quality and different aspects of the apparel industry and possibilities and opportunities of foreign investments in Bangladesh were also...
BANGKOK, Oct 24 (AP): Most Asian markets fell Wednesday, with Japanese banking shares pulled down by a report that US investment company Merrill Lynch would post third-quarter losses larger than forecast.Shares fell in Australia, Indonesia, Singapore and Taiwan. Stocks in...
LONDON, Oct 24 (AFP): European stocks stabilised Wednesday as dealers sat tight ahead of important US economic data and after a volatile start to the week. In late morning trade, London's FTSE 100 index of leading shares was up 0.20...
Paramount Ins makes debut todayTrading of the shares of Paramount Insurance Company Limited will start at DSE and CSE from today (Thursday) under 'N' category. DSE Trading Code for the company is "PARAMOUNT" and DSE company code is 25733. The...
FE ReportThe four-day Bangladesh Single Country Trade Exhibition 2007 began at the Japan External Trade Organisation (JETRO) Building in Tokyo Monday, said a press release. The exposition has been organised jointly by JETRO and Export Promotion Bureau (EPB), Bangladesh under...
FE ReportWalton, a renowned electronics and automobiles brand in the country, has opened its new showroom, namely Ababil Electronics at the city's BBNS Market recently, said a press release.Director of Walton SM Shamsul Alam and Senior Deputy Director Illias Kanchan,...
Fakhrul AlamChittagong, Oct 24: Two transit points at Hnila and Ghumdhum border meant for legal entrance into Bangladesh and Myanmar, have been kept closed for long 6 years since the destruction of the Twin Towers in the USA. As a...
Foreign adviser Iftekhar Ahmed Chowdhury has said the government will always work for national interests, specially with the World Trade Organisation (WTO), through interactions with the civil society organisations, reports BSS.Addressing a function of unveiling the cover of translation works...
FE ReportStandard Chartered (StanChart) Bank, Bangladesh has been rated AAA for long-term debt instruments and ST-1 for short-term debt instruments by Credit Rating Information and Services Ltd (CRISL), the oldest and largest rating agency in the country, recently. The triple...
FE ReportFive new Korean overseas volunteers (KOVs) under the sponsorship of the Korea International Cooperation Agency (KOICA) arrived in the capital Monday to render voluntary services for two years at various government organisations.Resident Representative of KOICA, Bangladesh Kim Chang Sup...
Our CorrespondentBRAHMANBARIA, October 24, sweetmeat industry is on the verge of extinction in the district as the prices of raw materials have increased manifold and gone beyond the artisans' buying capacity.They produced sweetmeat items like Chhanamukhi, Rossmalai, Rajbhog, Mohonbhog, Sponj,...
FE ReportKaiser Tamiz Amin has been appointed deputy managing director (DMD) of BRAC Bank Ltd recently, said a press release. In his new responsibility, he will be leading key strategic and management initiatives of the bank to support its long-term...
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