From Fazle Rashid NEW YORK, Nov 17: The much trumpted G-20 summit which was viewed more to provide the leaders with an opportunity to say au revoir (good bye) to outgoing US president George Bush rather than addressing the menacing...
The Commerce Ministry has imposed a ban on importing three Chinese brands of powdered milk 'Yashlee-1', 'Yashlee-2' and 'Sweet Baby' as the presence of harmful toxic melamine was found in the brands. The ministry has imposed the restriction under the...
A three-year 'strategic plan' was approved in principle Monday to make the Board of Investment (BoI) a private sector-friendly world-class organisation. The plan was approved Monday at the BoI's 23rd meeting with Chief Adviser Dr Fakhruddin Ahmed, also the BOI...
The Truth and Accountability Commission (TAC) Monday extended the deadline for filing clemency applications up to November 20, as it resumed its activities after a brief pause due to a High Court verdict. The deadline for filing clemency applications was...
The Anti-Corruption Commission (ACC) has so far put forward 283 names to the Truth and Accountability Commission (TAC) for considering their clemency applications in return for ill-gotten wealth, reports UNB."Some 283 individuals have so far applied for referring their applications...
FE ReportDhaka and Yangon agreed Monday on continuation of bilateral talks to settle the dispute over the maritime boundary demarcation and oil and gas explorations in offshore blocks in the Bay of Bengal, foreign ministry officials said.Foreign adviser Dr Iftekhar...
Naim-Ul-KarimThe country's exports boomed in September, an uninterrupted growth in third consecutive month of the current fiscal year, to power the first quarter's earning to exceed record $4.0 billion belying apprehensions of possible impact of the financial meltdown in developed...
CHICAGO, Nov 17 (Reuters): A package of economic rescue measures agreed by the world's major governments appeared to fall short of calming investors jangled nerves as the trading week dawned in Asia. In early trading on Monday, the yen and...
FE Report The amount of classified loans increased by Tk 12.34 billion in the last six months to September 2008 due to poor loan recovery performance of some of the commercial banks during the period.The amount of non-performing loans (NPL)...
FE Report Rod manufacturers Monday urged the government to 'rationalise' duty on import of finished steel products as they feared that the existing low tariff would encourage import of building materials posing a fresh threat to hundreds of local factories....
The 2nd Orient Bread Tokai Kabaddi Competition, organised by Bangladesh Kabaddi Federation, will begin tomorrow (Tuesday) at the Kabaddi Stadium in the city with two matches on the opening day.On the opening day, Tokai Mirpur will play Tokai Gulistan at...
Doulot Akter MalaThe ongoing countrywide survey for finding new taxpayers failed to reach its goal as no new taxpayer could be brought under the tax net so far. The survey has so far identified about 0.1 million potential taxpayers, said...
Shakhawat Hossain Dhaka has sought from New Delhi the detail design, weigh and capacity of container train service as two South Asian neighbours are contemplating introduction of container train service, a top Bangladesh Railway official said Sunday."We have asked Indian...
Siddique Islam The central bank has relaxed its rules on import financing aiming to encourage importers to continue their businesses through additional support from the commercial banks. Under the amended rules, the commercial banks will be allowed to provide post-import...
WASHINGTON, Nov 16(Agencies): Facing the gravest economic crisis in decades, the leaders of 20 countries agreed Saturday to work together to revive their economies, but they put off thornier decisions about how to overhaul financial regulations until next year, providing...
The Awami League (AL)-led 14-party alliance Sunday took a firm stand that the general election must be held on December 18, as scheduled, and discussed seat-sharing matters for their joint participation in the crucial polls, report UNB/bdnews24.com.After a review of...
The government would bear the responsibility if BNP cannot go to polls, said the party secretary general Khandker Delwar Hossain Sunday, reports UNB.He told electronic media at Naya Paltan party office that BNP very much wanted to go to December...
FE ReportDhaka stocks dropped for the second straight session Sunday with the turnover declining to the lowest level in more than nine months.The benchmark DSE General Index (DGEN), the All Shares Price Index (DSI) and the DSE20 blue chip index...
FE ReportInstitutional bidders offered Tk 7-9 against shares of Grameenphone under its private placement offering (PPO) in a projection meeting held in a city hotel Sunday, sources said.The face value of the GP shares is Tk 1.0 each."The bidding will...
The Truth and Accountability Commission (TAC) that ceased to exist following High Court (HC) interdiction was Sunday resurrected with Supreme Court (SC) order of stay on the operation of the HC ruling for a month, report UNB/bdnews24.com.Supreme Court's chamber judge...
A meeting of the Advisers Committee on Public Purchase that was convened to take decision on awarding the 450-MW Bibiyana Power Plant contract to a Malaysia-based company was Sunday deferred by three days. — UNB
FE ReportThe High Court (HC) extended the stay order for a period of about three months on the changes made by the capital market regulator in the rules for the close-end mutual funds, restricting them from issuing preemptive rights or...
FE Report Dhaka has urged Yangon to stop oil and gas explorations in the offshore blocks in the Bay of Bengal until the disputes are resolved, said officials.Bangladesh additional foreign secretary MAK Mahmood made the call to his Myamnar counterpart...
FE Report The telecom regulatory body will award licences to private operators for providing Internet Protocol (IP) telephony services in the country from next year to help Internet users make domestic and overseas calls at a cheaper cost, officials said...
FE Report Bangladesh Telecommuni-cation Regulatory Commission (BTRC) has decided to go tough against those engaged in illegal operation of Voice over Internet Protocol (VoIP), sources said Sunday.They said the decision came at a meeting of the commission on the day...
FE Report Chairman of National Board of Revenue (NBR) Muhammad Abdul Mazid Sunday said that the existing stringent system for importing raw materials for plastic goods manufacturing industry will be relaxed in phases. The NBR chairman was addressing the inaugural...
Finance Adviser Dr Mirza Azizul Islam said Sunday that the inflow of World Bank (WB) assistance beyond 2008-09 has become uncertain as the country is not prepared with project proposals for seeking fund support, reports UNB."The World Bank assured that...
Jamaat-e-Islami Ameer Matiur Rahman Nizami, Secretary General Ali Ahsan Mohammad Mujaheed and BNP standing-committee member Saifur Rahman were released Monday from jail on bail in Barapukuria coalmine graft case, reports UNB.DIG (Prisons) Maj Shamsul Haider Siddiqui said Nizami and Mujahid...
The government has extended the parole of BNP Chairperson Khaleda Zia's younger son Arafat Rahman Koko, who is undergoing treatment abroad, by two more months until January 16, 2009, reports UNB. A Home Ministry order Sunday said Koko's parole had...
A special judge's court dealing with high profile corruption cases Sunday sentenced ATM Najimullah Chowdhury, suspended Bangladesh ambassador to the United Arab Emirates (UAE), to five years in prison for embezzlement of state funds, reports UNB.The trial court also fined...
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