Liberal Democratic Party President Col (retd) Oli Ahmed said there was no basis for his return to the BNP, but hastened to add that it was nothing new for any party making proposal to another on any issue."Despite being a...
Former BNP minister Mirza Abbas has threatened a cameraman and a reporter of the state-owned Bangladesh Television (BTV).Abbas, who served as Housing and Public Works minister in 2001-2006, threatened to damage the camera as the media crew tried to film...
CHITTAGONG, Oct 18 (UNB): Arrest warrant was issued Thursday against a brother of former lawmaker from Comilla Manzurul Ahsan Munshi and two others in an extortion case.Divisional Speedy Trial Tribunal Judge Mohammad Shafiqul Karim issued the arrest warrant against Atiqul...
The Vacation Bench of the High Court (HC) stayed Thursday the proceedings of the corruption cases against detained former minister Dr Khandaker Mosharraf Hossain, former state minister Amanullah Aman and former BNP lawmaker Salahuddin Ahmed until October 28, reports UNB.After...
Shakhawat Hossain The Bangladesh Bank has advised the commercial banks to follow the strategies it has devised to deal with the entrepreneurs in maintaining the growth of private sector credit, sources said.The central bank has devised mechanism to encourage the...
NEW YORK, Oct 18 (BSS): Chief of Army Staff General Moeen U Ahmed said the main goal of the present government is to make the country free of corruption as early as possible. "Corruption must be checked for establishing democracy...
FE ReportIn a major reshuffle in the administration, the government transferred Thursday five top bureaucrats including the National Board of Revenue (NBR) Chairman Badiur Rahman.Badiur, who was appointed as the NBR chief and Secretary of the Internal Resource Division (IRD)...
Siddique Islam The country's economy grew by 6.51 per cent in fiscal 2006-07, down from 6.63 per cent that was registered in the previous fiscal. "The marginal decline in the growth rate was largely due to prolonged political uncertainty that...
Chief Justice (CJ) M Ruhul Amin Thursday advised the judges of subordinate courts to deliver even-handed justice to people as the judiciary becomes independent of the executive control from November 1, reports UNB."We have to prove our capability through our...
KARACHI (Agencies): Former Pakistan Prime Minister Benazir Bhutto ended eight years of self-exile Thursday, returning to Karachi where more than 200,000 supporters poured onto the streets to welcome her home.Bhutto returned to lead her Pakistan People's Party into national elections...
FE ReportDSE-25, the revised index of blue-chip shares of Dhaka Stock Exchange (DSE), and a sector-wise index comprising 16 sectors will be launched soon.'We have completed all preparations including off-line demonstration for launching these two indices,' a DSE source told...
Krishna Guha, FT Syndication ServiceWASHINGTON: Private sector companies will for the first time join governments in contributing to the International Development Association (IDA), the World Bank's main fund for poor countries, the bank's president, Robert Zoellick, has told the Financial...
FE ReportThe country's export earning in July, the first month of fiscal 2007-08, marked a sharp decline of 21.08 per cent to $ 902.33 million over that of the same period of the previous year.According to a report prepared by...
Dhaka plans to push the World Bank (WB) to release the aid it pledged in the country assistance strategy 2005-06 (CAS) paper, a senior Economic Relations Division (ERD) official said, reports bdnews24.com. "We want the WB to follow the CAS,...
Law Adviser Mainul Hosein approved a change in the land registration rules Thursday, which allows the fees to be paid through pay orders. Mainul also directed the land registration directorate to supply the buyer's land documents immediately after registration to...
KHULNA, Oct 18: A two-member delegation of the European Union (EU) will pay a three-day visit to Khulna beginning today (Friday) to inspect the quality of shrimp production and processing. The delegation from EU's Food and Veterinary Mission that arrived...
Rajdhani Unnayan Kartipakkha (RAJUK) will hand over 3.23 acres of its recently recovered land to the Dhaka City Corporation for expansion of Banani Graveyard at a token price. The decision was taken Thursday at an inter-ministerial meeting held in the...
The Anti-Corruption Commission (ACC) is inquiring into allegations of corruption and irregularities against former prime ministers Khaleda Zia and Sheikh Hasina along with ministers and bureaucrats during the two governments of BNP and Awami League in signing contract with Canadian...
Doulot Akter MalaThe National Board of Revenue (NBR) is initiating a move to look into performance of pre-shipment inspection (PSI) companies before expiry of their contract tenure in 2008.The board has planned to sit with all relevant sections of people...
Like yesteryear, uncertainty still looms over hassles-free hajj performing by Bangladeshi pilgrims as the private hajj-facilitating agencies could not rent dormitories for them in Makkah and Medina of Saudi Arabia, reports UNB. A review meeting on this year's Hajj management,...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) bounced back Thursday following buying-spree by the investors after one day's of decline.On the day, most of the share prices under banking and insurance sectors have gone up.Market operators said investors...
In a move to make applying for a visa to the UK more straightforward and convenient, the British High Commission (HC) in Dhaka has announced introduction of a new, simpler visa application forms and unveiled online applications facility, reports UNB.The...
Naim-Ul-KarimThe Inter governmental Expert Group (IGEG) of SAARC member states is meeting in Kathmandu later this month to discuss formation of a SAARC Development Fund (SDF).The SAARC (South Asian Association for Regional Cooperation) comprises Afghanistan, Bangladesh, Bhutan, India, the Maldives,...
FE ReportThe US dollar lost ground insignificantly against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money rate, however, was steady despite withdrawal of cash through...
FE Report Bahrain police have rounded up eight men in connection with a knife attack on a Bangladeshi expatriate, said a leading English daily of the country Thursday.It said quoting sources that they could face a charge of attempted murder...
INVESTMENTS are the keys to economic growth. Developing countries such as Bangladesh are specially keen to play host to foreign investments in greater number because in most cases the rate of their internal investments, remains poor. The foreign direct investments...
INVESTMENTS are the keys to economic growth. Developing countries such as Bangladesh are specially keen to play host to foreign investments in greater number because in most cases the rate of their internal investments, remains poor. The foreign direct investments...
Jagdish BhagwatiTURN to the leading US newspapers these days and you will read about the "loss of nerve", even "loss of faith", in free trade by economists. Many write about free trade in funereal overtones. Yet all this hype reminds...
Mahmudul HasanThe energy sector in the country, presently, is a source of worry for short, medium and long term planning. The state of the sector is causing serious concern both at the macro and micro levels of the economy. The...
Ripan Kumar BiswasA number of precious lives were lost in Myanmar following the recent crackdown on the anti-government protests against 45 years of military rule and growing economic hardship. The ruling military junta there clamped down on the protestors and...
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