Shahiduzzaman KhanLocal trade experts contend that the negotiations on dismantling barriers to trade among the BIMSTEC member-countries should be concluded by December this year in order to bring about some changes in the lifestyle of the peoples of the region....
FE ReportBangladesh has been ranked seventh among the most corrupt countries in the Corruption Perceptions Index (CPI) 2007 of Transparency International (TI).The country's score this time did not, however, make any change against the last year's score of 2.0.Transparency International,...
The Anti-Corruption Commission (ACC) Wednesday filed a corruption case against BNP senior joint secretary general Tarique Rahman, his wife and mother in-law for concealing information in wealth statements and acquiring wealth beyond their known sources of income, reports UNB.ACC deputy...
FE ReportTrade officials from the BIMSTEC bloc Wednesday arrived at a decision to downsize the negative list of products to 15 per cent from 25 per cent of the total tariff line as they ended a three-day negotiation on the...
FE ReportBangladesh has been placed at 107th position in the globe in terms of doing business, dropping from its previous position of 102nd, a global survey by the World Bank (WB) and International Finance Corporation (IFC) revealed Wednesday. According to...
Dominic Faulder in Bangkok and Harvey Morris at the United Nations FT Syndication ServiceBurmese troops Wednesday cracked down on the biggest protests against military rule in 20 years, sealing off the Shwedagon Pagoda in Rangoon, firing warning shots and tear...
FE ReportCitigroup Global Markets Bangladesh Private Ltd, country's first foreign merchant bank, started its operation in the capital Wednesday.Chairman of Securities and Exchange Commission (SEC) Faruq Ahmad Siddiqi inaugurated the formal functioning of the global financial institution in the country's...
FE ReportThe government has revised upward its fertiliser import target by nearly 0.3 million tonnes for the current fiscal year, fearing substantial shortfall in the domestic outpout of the agricultural input.Under the revised target, the government will be importing a...
Bangladesh Bank Wednesday asked all commercial banks to keep their branches open Saturday (Sept 29) to facilitate the collection of government revenue. —UNB
FE ReportThe government has decided to release Tk 2.0 billion in cash incentives to facilitate the leading export earners to pay salaries and dues to their workers before Eid-ul Fitr.The finance ministry will release the amount through Bangladesh Bank (BB)...
Siddique Islam The Bangladesh Bank (BB) has decided to outline the specific responsibilities of the board of directors and the chief executive officer (CEO) of the non-banking financial intuitions (NBFIs) as it is in the case of commercial banks. The...
FE Report The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Wednesday protested the decision of the FBCCI Arbitration Council which dropped its five members from the voters list. BGMEA said that it will file cases in the courts challenging the...
Raihan M ChowdhuryBangladesh Association of Pharmaceutical Industries (BAPI) has demanded the price review of government controlled drugs produced by local manufacturers that has not been carried out since 1994."The manufacturers of controlled categories are facing huge losses due to increase...
FE Report The Bangladesh Bank (BB) has started preparing a short-list of the potential investors to sell shares worth Tk 4.0 billion of the troubled Oriental Bank Limited, official sources said. They said the central bank is now scrutinising the...
Stocks edged lower for a third day Wednesday after heavyweights suffered losses in bank, power and pharmaceuticals sectors due to selling pressure, mainly from institutional investors, reports bdnews24.com. Although the market crept downward throughout the day, buying pressure prior to...
NEW YORK, Sept 26 (UNB): Chief Adviser Fakhruddin Ahmed attended a reception hosted by US President George W Bush here Tuesday evening.The American President and his spouse Laura Bush hosted the reception at Starlight Roof of Waldorf Astoria Hotel in...
FE ReportStanding Aman crops in 4.8 million hectares of land survived the second onslaught of flood early this month, keeping the hope for a good harvest still alive, according to the Department of Agricultural Extension (DAE).The Aman crop, including the...
Shakhawat Hossain A budget review meeting Wednesday expressed dissatisfaction over poor performance of the local government and communication ministries, which were found to be lagging far behind their respective targets, official sources said.Presided over by the finance secretary Mohammad Tareque,...
Former Prime Minister Khaleda Zia, now detained in a makeshift jail, denied the allegation that she had hands in awarding a contract to GATCO for container handling, reports UNB.Talking to reporters at his New DOH house Wednesday, Hannan Shah said...
A 52-km underground train service could be introduced on six routes in the city at a cost of Tk 65.00 billion (6,500 crore), reports UNB.A private organisation came up with the proposal at a meeting at the Communications Ministry Wednesday.The...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with steady demand for the greenback. The inter-bank call money rate was also steady despite withdrawal of cash through reverse repurchase agreement...
PATUAKHALI, Sept 26 (UNB): Police seized 70 sacks of urea fertilizer from Kalaiyaghat under Baufal upazila here Tuesday night while being smuggled out of the country.Acting on a tip-off, a team of the police captured a trawler carrying the fertilizer...
The hearing on a writ petition challenging the legality of the Anti-Corruption Commission (ACC) notice asking detained former premier Sheikh Hasina to submit her wealth statement began at the High Court Wednesday, reports UNB.A bench, comprising Justice Shah Abu Nayeem...
NEW YORK, Sept 26 (UNB): Bangladesh and the Organisation of Islamic Conference (OIC) have agreed that active measures need to be taken to project Islam as a religion of peace, harmony and tolerance. The understanding was reached when OIC Secretary...
The Election Commission (EC) will start preparing the voters' list in Dhaka from the last week of next month (October).Meanwhile, the EC in a meeting today (Wednesday) approved a draft of its new recruitment rules with a provision making EC...
BAGERHAT, Sept 26 (UNB): A charge sheet was submitted against 11 leaders and activists of BNP, including former lawmaker MAH Selim, in an extortion case.Investigation Officer (IO) of the case and Officer-in-Charge (OC) of Sadar police station Sirajul Islam submitted...
Supreme Court Deputy Registrar Abdul Razzak Dewan filed a case with Shahbagh police station Tuesday against four persons including a lawyer for bail fraud, reports bdnews24.com. This brings to five the number of such fraud detected in the Supreme Court....
CHUADANGA, Sept 26 (BSS): The work on the preparation of voters' list in Chuadanga district will begin on October 16 and conclude on November 24.This was decided at a high level meeting held in Chuadanga Sadar Upazila Parishad auditorium Tuesday....
NEW YORK, Sept 26 (UNB): Foreign Affairs Adviser Iftekhar Ahmed Chowdhury had a meeting with Maltese Foreign Minister Michael Frenda on the sidelines of the UNGA Session here Tuesday and discussed cooperation in economic and political fields. Foreign Minister Frenda...
The Chief Metropolitan Magistrate court issued warrant of arrest Wednesday against the Editor of daily Naoroj in a defamation suit filed by district and sessions judge AKM Ishtiaq Hossain, reports UNB.After hearing the petitioner, Magistrate Salehuddin ordered issuance of warrant...
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