Four former secretaries Monday testified before the Anticorruption Commission (ACC) investigators in the GATCO corruption case against former prime minister Khaleda Zia. They are former secretary to Prime Minister's Office AHM Nurul Islam, former secretary to IMED Manik Lal Samaddar,...
Eric GreenPRESS freedom advocates are expressing concern that many governments worldwide are jailing reporters on specious charges of defaming or insulting heads of state.The Virginia-based World Press Freedom Committee says that defamation of a public official remains a crime in...
Murad Reza A great deal of publicity was given some years ago to the decreasing population growth rate in Bangladesh which is one of the most populous countries in the world and presently the country with the highest population density....
A 10 per cent tax that was slapped under the fiscal measure for the current financial year, on the yields of government operated saving schemes is hard hitting the small savers or relatively the people of modest means.The savers include...
Dhaka Medical College Hospital (DMCH) is the only option for poor patients who cannot access the highly priced private medical care. Admission and most of the charges for services at DMCH are supposed to be free or the patients are...
S K Basak FCAFor legalising / whitening of untaxed income, the Government issued SRO No. 98-Law/2007 dt 4-6-07 and subsequently a Circular No.NBR/Tax-7/AA:AA: B/04/2007 dt 7-8-07 and also another Circular No.NBR/Tax-7/AA:AA: B/04/2007 dt 18-9-07 as the second clarification. Despite clear-cut...
Haris AnwarCurrency traders are concluding that there's nothing the U.S. economy can do that Canada's can't do better. Much better. The U.S. and Canadian dollars, which traded in tandem 94 percent of the time since 2000, decoupled in May and...
Rich MillerFederal Reserve Chairman Ben S. Bernanke is grappling with what predecessor Alan Greenspan might call a conundrum. At issue is whether today's U.S. economy most resembles 1998, when Greenspan may have been too eager to cut interest rates, or...
Jonathan Soble and Mariko Sanchanta from Tokyo and Robin Kwong from Hong KongTRAVELLING between cities in Asia could become slightly easier in the near future, under a Japanese plan to integrate payment systems for railways and other domestic transport in...
BRUSSELS, Sept 29 (AFP): Europe's economic outlook darkened yesterday as business and consumer confidence plunged in the face of a surging euro, record oil prices and volatile financial markets. Amid mounting pessimism, top officials from the 13-nation Eurozone voiced growing...
UNITED NATIONS, Sept 29 (PTI): Warning that many developing nations will not be able to fulfil the Millennium Development Goals (MDGs), India has asked the rich countries to meet the commitments made by them to increase official development assistance, transfer...
BRUSSELS, Sept 29 (AFP): Members of the Eurozone are preparing to raise pressure on their Group of Seven (G7) partners over exchange rates, Eurogroup chairman Jean-Claude Juncker told the news agency yesterday after the euro hit a new record. "We...
WASHINGTON, Sept 29 (AFP): The International Monetary Fund appointed Dominique Strauss-Kahn its new chief yesterday as the battered institution seeks to redefine itself in the face of increasing skepticism globally. The IMF executive board said it had chosen "by consensus"...
LONDON, Sept 29 (AFP): Crude oil prices struck fresh record high points this week amid tight global supplies of energy. Oil and other commodities priced in dollars also benefited from a weak US dollar as they became cheaper for buyers...
WASHINGTON, Sept 29 (AFP): US President George W. Bush has authorized 25 million dollars in energy aid to North Korea in response to Pyongyang's progress in complying with its denuclearization agreement. The move came yesterday as negotiators in Beijing continued...
NEW YORK, Sept 29 (AFP): Crude oil prices retreated yesterday after an early spike, as traders locked in gains after a storm in the Gulf of Mexico weakened as it moved ashore. New York's main futures contract, light sweet crude...
LONDON, Sept 29 (AFP): The euro went on another record- setting run against the beleaguered US dollar yesterday, smashing through the 1.42-dollar level for the first time to hit a new peak of 1.4243 in late trade here. Analysts said...
LONDON, Sep 29 (PTI): Gold prices spurted to a near 28- year high in London Friday on frantic buying by dealers as dollar weakened against currencies including the euro and Indian rupee, raising demand for the precious metal as a...
NEW YORK, Sept 29 (UNB): Chief Adviser (CA) Fakhruddin Ahmed said good governance was one of the major pillars of present caretaker government (CG) and said they had already got results of good governance in a number of sectors.Citing examples,...
Our CorrespondentRAJSHAHI, Sept 29: There has been no impact of Open Market Sale (OMS) of rice in the markets of Rajshahi since the price of rice has not fallen. Rather it marked a rise during the last two weeks.Though some...
FE Report Dutch-Bangla Bank Limited (DBBL) has extended financial assistance to Rotaract Club of East West University to help their 'Village Development Programme' initiated for poverty alleviation in the country. DBBL Managing Director Yeasin Ali handed over a payment order...
FE ReportSummit Power Limited, first independent power company in public sector of the country, announced Saturday to issue rights shares as part of the company's plan to venture into new power plants and increase capacity of existing ones.The shareholders of...
FE Report A Dhaka court has sentenced Zabed Iqbal, proprietor of Z & H Trading Corporation, to one year imprisonment and fined Tk 160 million in a cheque dishonour case. Assistant session judge of the 5th court of Dhaka Md...
Our CorrespondentCHITTAGONG, Sept 29: A seminar on 'Transshipment from Non-LDC Countries' was held under the auspices of Bangladesh Garments Manufacturers and Exporters Association (BGMEA) at its local office in the port city recently.BGMEA Director Syed Ahsanul Hoque presided over the...
FE ReportThe fifth and sixth annual general meetings (AGMs) of Shahjalal Islami Bank Limited (SJIBL) was held at Bangladesh-China Friendship Conference Centre in the city Thursday.SJIBL Chairman Sajjatuz Jumma presided over the AGMs while its Managing Director (CC) Muhammad Ali,...
Sarwar Zahan The US dollar was stable and strong against the Bangladesh taka (BDT) last week despite higher demand for the greenback, fund managers said. The exchange rate of the greenback moved between Tk 68.69 and Tk 68.71 against the...
FE Report Citibank, NA, Bangladesh accorded a warm farewell and heartfelt appreciation to Grameenphone outgoing Chief Executive Officer (CEO) Erik Aas at a city hotel recently. As the most successful CEO of the largest mobile phone operator in Bangladesh, Erik...
FE Report Innovation and investment in cutting-edge in-flight entertainment (IFE) continues to reap rewards for Emirates Airline, as it swept three top accolades at the World Airline Entertainment Association's (WAEA) Avion awards for in-flight entertainment.Emirates was lauded for Best IFE...
FE ReportTrust Bank Head of Corporate Brand and Market Communications Aftab Mahmud Khurshid received global 'brand leadership award' at Asia Brand Congress-2007, hosted by the BBC, sponsored by Forbes Group, London, held in Mumbai recently in recognition of his professional...
DETROIT (Michigan), Sept 29 (AFP): The United Auto Workers union has agreed to a two-tiered wage system and a switch to far-less generous pensions for new hires in exchange for job security promises in its landmark contract with General Motors...
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