FE Report The central bank has sought opinions from commercial banks to finalise the draft guidelines on Basel-II by the end of this year, officials said. The opinions were sought at a meeting held at the central bank Wednesday with...
Our CorrespondentNILPHAMARI, Dec 25: UK-based company Oasis International Transformation Ltd has planned to initiate high breed and improved quality bamboo cultivation in the northern region of the country. The company also accomplished the formalities with Bangladesh Export Processing Zone Authority...
BRAC Bank Limited has inaugurated two 'One Stop Service Centres' in Chittagong Port and Chittagong Customs House recently. Chittagong Port Authority Chairman Commodore RU Ahmed and BRAC Bank Deputy Managing Director Syed Mahbubur Rahman jointly inaugurated the service centres.Head of...
Mutual Trust Bank Ltd (MTB) opened its 35th branch at Gournadi of Barisal district recently, says a press release.Managing Director of the bank Kazi Md Shafiqur Rahman formally inaugurated the branch.Rahman highlighted the potentials of this region and said the...
Our CorrespondentCHITTAGONG, Dec 25: Availing the chance of the crisis of non-judicial stamp, a section of vendors are realising excess price of the stamps ranging from six to ten times more than the actual rate. Non-judicial stamps of Tk 150...
HONG KONG, Dec 24 (AFP): Asian stocks were mixed in reduced Christmas Eve trading today, with investors ducking out for the holidays and ever cautious over the grim outlook for the world economy, dealers said. Japanese shares fell 2.37 per...
KUALA LUMPUR, Dec 25 (Reuters): The world's top Islamic stocks, as measured by the Dow Jones market index, fell 0.08 per cent in the first three weeks of December, versus a 2.0 per cent loss for top global stocks, Dow...
DUBAI, Dec 25 (Bloomberg): Persian Gulf shares fell on speculation financial and real-estate firms will register profit declines in the fourth quarter as the region braces for an economic slowdown caused by the global financial crisis.Emaar Properties PJSC's, the region's...
Dutch-Bangla Bank Limited (DBBL) has opened its fourth Small and Medium Enterprise (SME) Service Centre at Hazi Ahsan Mansion Thana Road of Raozan in Chittagong.In this connection, an inaugural function was organised on the Centre premises. Independent Director of the...
Singer Bangladesh Limited has honoured Panchti TV Protidin Sathe Gari Jite Nin campaign winner by handing over key of brand new KIA Picanto car to its winner.Ranjit Roy of Panchagarh has won the brand new car by buying a Singer...
Siddique Islam Bangladesh will start final negotiations with two international companies early next month for signing agreements with the companies to prepare the country's credit rating.The two companies -- Moody's Singapore and Standard & Poor's International - have been selected...
Doulot Akter MalaThe revenue board has moved to devise strategies for offsetting the revenue loss in the current fiscal as the global financial crisis has caused a significant decline in import of major items including petroleum, edible oil and sugar....
JAMALPUR Dec 25 (BSS/bdnews24.com): BNP Chairperson Khaleda Zia exchanged pleasantries with farmers at Ramkrishnabari of Dhanbari Upazila in Tangail on her way to Jamalpur on an election tour Thursday.Her security team was stunned by the surprise move and by the...
Awami League (AL) president Sheikh Hasina Thursday warned that people must be given the chance to vote without fear for the candidates of their choice, report bdnews24.com and UNB. Hasina also accused her arch rival BNP-Jamaat duo of creating panic...
The caretaker government (CG) now shifts to the next elected government the matter of taking decision on the 3rd-round international bidding for gas blocks although it had invited tender, with a vigorous move to award the contracts within its tenure,...
S M JahangirThe country's farmers have made it possible again. After the record 17.5 million tonnes of "Boro' harvest in the last season, the farmers are about to reach another milestone in harvesting Aman rice this year.According to the Department...
FE ReportDhaka Metropolitan Police (DMP) commissioner has dismissed any possibility of sabotage to foil the upcoming general election. "We don't have any information about a possible act of sabotage. But highest security measures have already been taken to face any...
Police in separate drives have arrested seven activists of the outlawed militant outfit Jam'atul Mujahideen Bangladesh (JMB) along with bomb-making materials from Gaibandha Sadar and Gobindaganj upazilas. In the first raid law-enforcers arrested Rezaul Karim, a regional commander of the...
NAWABGANJ, Dec 25: Business-tycoon Noor Ali, who had sued former prime minister Sheikh Hasina in a Tk 50 million (5-crore) extortion case amid the recent anti-corruption purge, Thursday publicly begged pardon for his 'unwilling' act. "If you felt hurt for...
FHM Humayan KabirPetrobangla, the country's state-owned oil, gas and mineral corporation, is likely to start exploration work at the Dighipara coalmine early next year aiming to ascertain the actual reserve and draw up a future mine development plan, a top...
From Fazle RashidNEW YORK, Dec 25: Many American corporate giants have financing units. The General Motors (GM), the auto-makers and General Electric (GE) for instance have financing units.The General Motors after collapsing as an automaker by failing to win federal...
FE ReportThe Bangladesh Road Transport Authority (BRTA) has sent a proposal to the Central Procurement Technical Unit (CPTU) to review its tender documents for introducing online Motor Vehicle Tax (MVT) collection by January next. CPTU will submit the report this...
Bangladesh's photo-based voter list has received an "excellent rating" from an international audit team, which concluded that the list had a "high degree of accuracy" and "no 'ghost voters' were found on the 2008 photo voters list," says UNDP, reports...
There was a factual error in the lead news titled 'Next govt to face 16 challenges on economic front' published in our yesterday's (Thursday) issue. The export figure during July-November period was mistakenly shown as US$1.3 billion, which is the...
UNITED NATIONS, Dec 25 (AFP): The UN General Assembly yesterday approved a nearly 17 percent hike in the world body's current 2008-2009 budget to 4.87 billion dollars (3.48 billion euros). After overnight deliberations, it endorsed recommendations from its budgetary panel...
NEW YORK, Dec. 25 (Xinhua) -- When the White House finally handed out to the Detroit carmakers a long-awaited lifeline last Friday, it seemed to have triggered or at least fueled a wave of auto industry bailouts around the world....
A prisoner escaped from Dhaka Medical College Hospital (DMCH) Thursday leading to the suspension of two jail guards, reports UNB.Sabdul Miah alias Faruk, 35, who was undergoing treatment at ward No. 22 of the DMCH, slipped out from its toilet...
Awami League will hold a grand election rally at the city's Paltan Maidan at 2pm today (Friday), reports UNB.Awami League President and former Prime Minister Sheikh Hasina will address the rally.AL city unit in a press release urged all the...
WASHINGTON, Dec 25 (AFP): US data yesterday offered few signs of recovery from the economic malaise while Russia and China issued stark warnings about the impact of the financial crisis on their countries. Crude oil prices fell to fresh four-year...
WASHINGTON, Dec 25 (AFP): The United States said it expected to make significant progress in resolving trade disputes with China in 2009 even as the Asian giant imposed new restrictions on market access and foreign investments. The cautious optimism appeared...
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