The Election Commission (EC) Wednesday started dialogue on electoral reform with Islami Oikya Jote (IOJ), the first in a series of meetings with political parties, reports bdnews24.com.The meeting started at 10:30 am at the EC secretariat. Maulana Mohiuddin Khan, senior...
M Azizur RahmanThe Energy and Mineral Resources Division (EMRD) has sought opinion from the concerned ministries on economic, legal and tax related issues of the draft production sharing contract (PSC) for offshore hydrocarbon exploration in the Bay of Bengal."We have...
FE ReportThe National Board of Revenue (NBR) has decided to file separate tax evasion cases against film producer Monowar Hossain Dipjal and former state minister and BNP lawmaker Ziaul Huq Zia for concealing vital wealth information.The NBR, in its board...
The Chief Metropolitan Magistrate's (CMM's) court of Dhaka Wednesday turned down detained former prime minister Khaleda Zia's bail petition in a corruption case, as it is under the emergency rules that allow no bails, reports UNB."Emergency rules do not permit...
US Deputy Assistant Secretary for South and Central Asian Affairs John Gastright is likely to arrive in the city on September 18 on a three-day visit during which he will hold talks with the government and military leaders. Sources said,...
Dhaka Metropolitan Police (DMP) Wednesday requested banks and other financial institutions to adopt a six-point security measure to avert any unpleasant incident. The security measures include setting up CC TV and metal detectors, appointment of a security officer and deployment...
Doulot Akter MalaThe government has decided to have a 'focal point' in each of the ministries/ divisions and agencies under those to effectively address various public complaints and help enhance the level of service offered by the civil administration to...
M Azizur RahmanConstruction work of the country's first-ever hi-tech park at Kaliakoir in Gazipur district started rolling in full swing to accommodate technology-oriented enterprises especially those of Information and Communication Technology (ICT) sector.The government is now developing the basic infrastructure...
The Anti-Corruption Commission (ACC) is likely to file first information reports (FIRs) against some corrupt suspects and submit charge sheets in a number of graft cases next Sunday, reports UNB."The ACC chairman is now in the UK to attend a...
FE Report The country's apparel exporters have requested the Bangladesh Bank (BB) for taking appropriate measures to bring down the interest rate on commercial lending to 10 per cent from existing 16 per cent. They also urged BB to arrange...
FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback. The inter-bank call money rate stayed at its early level despite withdrawal of cash through reverse...
BANGLADESHI business creates disgust among concerned citizens when any segment of its leaders still barely talks about reversals suffered by the local industries owing to subsidised export and dumping -- export at reduced prices, below cost of production, by foreigners...
Syed Fattahul AlimA lot has been written about tourism and its prospects in Bangladesh. The Bangladesh Parjatan Corporation, (BPC), which we would call Parjatan for short, is a huge public sector corporation created to promote the tourism sector of the...
Farhan BokhariPAKISTAN'S IT industry has seen rapid growth in career opportunities for young professionals -- in spite of being a late starter by comparison with the much larger IT industry in India.And yet Pakistan's IT entrepreneurs argue there is still...
Javier BlasOPEC is concerned about the rapid fall in crude oil inventories ahead of the northern hemisphere's winter season, but is divided over the need for an immediate increase in supply, according to Opec officials. The Organisation of the Petroleum...
IT is a befitting move by the government at its highest level to dispel fear and panic among the businesses and all others concerned. Last week's business dialogue where both the Chief Adviser and the Chief of the Army made...
IT is not at all a matter of concern whether exiled Pakistani ex-prime minister Nawaz Sharif has been allowed to stay back in his country of origin or deported again to Saudi Arabia. What bothers us is the possibility of...
Eli Clifton from WashingtonWith U.S. General David Petraeus's eagerly anticipated final report on Iraq due on Sep. 15, supporters of the troop surge are busily trying to set the stage for the report that they believe will refute their opponents.The...
Maher Chmaytelli and Fred PalsOPEC, the producer of 40 percent of the world's oil, may reject consumer calls to increase supplies and lower prices from $76 a barrel on concern energy demand will falter as U.S. economic growth slows. Oil...
Richard McGregor from BeijingChina could be in line for substantial rises in borrowing costs in the next 12 months following a central bank declaration that it wants an end to the negative real interest rates caused by a sharp increase...
Andrew Bounds from Brussels A "knee-jerk reaction" to scares over hazardous Chinese toys and toothpaste entering Europe could see customs posts being re-erected at borders, Europe's leading industry group believes.BusinessEurope, the European employers' lobby, fears politicians could roll back the...
Christian VitsEuropean Union Economic and Monetary Affairs Commissioner Joaquin Almunia said he expects the economic expansion in Europe to continue even after financial markets have been roiled by defaults on U.S. subprime mortgages. ``Our central scenario remains one of a...
WASHINGTON, Sept 11 (Agencies): Leading US business economists foresee softening growth ahead that will prompt the Federal Reserve to cut interest rates, but they believe a recession will be averted, a survey showed yesterday. The National Association of Business Economists...
XIAMEN, Sept 11 (CEIS): The ministry of commerce is investigating potential economic and trade cooperation zones outside China, and will probably open some recently. According to Vice Minister Wei Jianguo, these zones under investigation belong to second group after the...
BEIJING, Sept 11 (AFP): China's inflation surged to its highest rate in over a decade in August, official data showed today, raising expectations that the government will act again soon to cool the country's runaway economy. Propelled by soaring pork...
NEW DELHI, Sept 11 (PTI): Mexico is looking at USD10 billion investments from India in the next five years, the head of a business delegation from the Latin American nation said. "The government plans to increase the Indian investment in...
SINGAPORE, Sept 11 (AFP): A consortium led by property developer City Developments Ltd (CDL) has won a 1.12 billion US dollar bid for development of two luxury hotels, office, retail and residential space on a prime location in the city-state,...
SINGAPORE, Sept 11 (AFP): World oil prices came within sight of a fresh record in Asian trade today as OPEC ministers headed into crunch talks over the cartel's output. There were signs in Vienna that the group might bend to...
BAKU, Sept 11 (AFP): Something's amiss in the bakeries of the Azerbaijani capital Baku. The tendir chorak-long, flat loaves that have been the staple of this Muslim nation's diet for centuries-are still fresh, warm and tasty. But they're almost half...
VIENNA, Sept 11 (AFP): OPEC ministers head into crunch talks about the cartel's output today, with signs that the group might bend to the will of Saudi Arabia and increase production. Oil prices in New York closed within striking distance...
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