FE ReportThe Metropolitan Chamber of Commerce & Industry (MCCI) has called upon the government to urgently review and relax the monetary policy and reduce its own borrowings from the banking sector. "The key to price stability lies in greater productivity...
The holy Ramadan, the lunar month of self-purification through fasting and abstinence, begins today (Friday) as the new moon was sighted in the sky of the country on Thursday evening, reports UNBLailatul Quadr, the night of divine blessing and benediction,...
A court Thursday issued orders to arrest Dhaka University professors Sadrul Amin and Nimchandra Bhowmik, reports bdnews24.com. The court also ordered confiscation of their property. The Chief Metropolitan Magistrate's Court for Dhaka issued an arrest warrant against 13 students of...
Krishna Guha and Eoin Callan, FT Syndication ServiceWASHINGTON: Paul Volcker, former Federal Reserve chairman, has blamed World Bank staff and directors for failing to take corruption sufficiently seriously and said this had been the root cause of strife over its...
FE ReportThe government has taken a move to monitor import of rice and wheat to thwart any illegal practice of a section of importers, who are allegedly showing false data on import. The Department of Food recently sought co-operation of...
Krishna Guha and Eoin Callan, FT Syndication ServiceWASHINGTON: Paul Volcker, former Federal Reserve chairman, has blamed World Bank staff and directors for failing to take corruption sufficiently seriously and said this had been the root cause of strife over its...
A shop owner was shot dead in an attack by some terrorists at Baganbari in Jurain in the city Thursday morning. The dead was identified as M Nayan (38), son of Malek Miah and a resident of Baganbari area. Sources...
NAOGAON, Sept 13: Former MP of BNP Shamsuzzoha Khan was arrested from the town today. Police said he was picked up from in front of the court premises at 5-30 pm. Superintendant of Police (SP) Sarder Nurul Amin said anti-crime...
The government will construct flats for middle, low and very low income group people in Dhaka City and Tongi.This was decided at a review meeting of the Housing and Public Works Ministry in the ministry's conference room Thursday. The meeting...
FE ReportLondon-based East Invest Private Equity Ltd has evinced keen interest to invest in Bangladesh's troubled Oriental Bank Ltd."We have already submitted our proposal to the Bangladesh Bank (BB) to become an investment partner under the newly-launched scheme of the...
The government is likely to appoint an international audit firm to scrutinise the prices quoted by the Pre-Shipment Inspection (PSI) companies over the next two months, against the backdrop of a suspected import-inspection scam, reports UNB.Board sources said three international...
FE ReportThe indices on the Dhaka Stock Exchange (DSE) Thursday gained marginally due to buying-spree by the investors after three day's of down ward trend.But, on the day, although the total turnover declined due to thin trade, the total market...
The Bangladesh High Commission in Kuala Lumpur has warned that the repeated incidents of labour unrest among Bangladeshi workers in the Malaysian capital may hamper manpower exports to Malaysia, reports bdnews24.com. The high commission made the observation in a recent...
Flood situation in the south-central part of the country continued to deteriorate as death toll from snakebite, drowning, diarrhoea and respiratory diseases rose to 874 so far across the country since the flooding started on July 30, reports UNB. According...
LONDON, Sept 13(AP): Oil prices remained near record highs Thursday after US crude inventories fell and drove oil futures in the previous session above $80 a barrel for the first time ever. Light, sweet crude for October delivery on the...
Naim-Ul-KarimThe government is preparing a roadmap styled 'the National E-governance Vision' to upgrade the country's governance and enhance the economic activities. The roadmap, to be executed through computerisation of all government offices and organisations, will be aimed at ensuring prompt...
FE ReportShippers of Bangladesh, India, Pakistan and Sri Lanka (ASCOBIPS) urged the SAARC member countries to form SAARC Shippers' Council to harness better benefits from such regional organisation.The immediate past chairman of the association of the four countries (ASCOBIPS), Mahabub...
CHITTAGONG, Sept 12 (UNB): Work began Wednesday to restore gas supply through the pipeline of the expanded Bakhrabad Gas line that exploded into a devastating fire at the middle of the Kalurghat bridge over the Karnaphuli river Tuesday night.The fire,...
FT Syndication ServiceTOKYO: Shinzo Abe on Wednesday plunged Japan into political crisis by announcing his resignation only two days after parliament reconvened for an extraordinary session. Mr Abe, who refused to quit after July's disastrous defeat in upper house elections,...
The late monsoon appears to be on the decline with no rain forecast for the next two days leading to improvement of the flood situation in the next 72 hours, the Flood Forecast and Warning Centre said Wednesday, reports bdnews24.com.FFWC...
Expelled BNP Secretary General Abdul Mannan Bhuiyan Wednesday said the Election Commission (EC) should invite him and his followers to the electoral reforms dialogue, reports bdnews24.com."Those who don't want anything to change in the BNP have been working towards splitting...
Reformist Awami League (AL) leaders Wednesday fell into a furore triggered by several hundred mid-ranking partymen as they went to attend their first central working committee (CWC) meeting at the Dhanmondi office of the party after relaxation of the ban...
A drive to free health-directorate land in Mohakhali from squatters in the so-called 'seven-storey slum' area left about 1,000 families homeless Tuesday, reports bdnews24.com. The drive, led by magistrate Md Nazrul Islam Khan, took off at 10.30 am and ended...
FE ReportState University of Bangladesh (SUB), State College of Health Sciences and Freedom Fighters' Volunteers jointly organised a relief campaign for the flood affected people of Sirajganj.Former Army Chief Harun-or-Rashid and M Shahjahan handed over life saving drugs and saline...
UNDP's Senior Adviser for Police Reform and ex-Adviser to caretaker government (CG) ASM Shahjahan Wednesday said the police need to be more gender sensitive in police stations to help women get proper policing services comfortably, reports UNB. "A gender-sensitive policing...
Fazle Hasan Abed, founder and chairperson of BRAC, will be honoured by former US President Bill Clinton with the first Clinton Global Citizenship Award, reports UNB. The award will be presented at a ceremony in Carnegie Hall, New York on...
Foreign Adviser Iftekhar Ahmed Chowdhury has said the government is determined to find ways to address the problem of Bangladeshis awaiting flights to take up jobs abroad, reports UNB.Iftekhar, also in-charge of the Ministry of Expatriates' Welfare, said this while...
Business leaders and media professionals at a discussion Wednesday in Bogra stressed greater cooperation between businesses and media for overall economic development of the country, said a press release. They made the observation at a discussion on 'Scope of Business-Media...
WASHINGTON, Sept 12 (AFP): The US trade deficit narrowed slightly in July to 59.2 billion dollars from a revised 59.4 billion dollars in the prior month as a weak dollar boosted exports, the government said yesterday. The commerce department report,...
NEW DELHI, Sept 12 (PTI): In an effort to give further impetus to India's Look East policy, External Affairs Minister Pranab Mukherjee will travel to Thailand and South Korea from today on a visit that will primarily focus on enhancing...
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