FE Report The country's foreign exchange reserve came down to US$5.046 billion on November 12 from $5.759 billion on October 5 last after payment to the Asian Clearing Union (ACU). On November 3 last, the central bank remitted the routine...
FE ReportAround 0.067 million individual taxpayers have submitted tax returns for current fiscal year, the deadline for which expired Wednesday, officials said.The revenue officials are yet to compile final data on collected tax but they said collection will surpass that...
FE Report Prime Bank Limited (PBL) has successfully concluded a Tk 150 million syndicated loan agreement as lead arranger with two other private commercial banks for Configure Engineering and Construction Company Limited (CECCL) for setting up a five-star hotel in...
Awami League (AL) chief Sheikh Hasina can sit with BNP chairperson Khaleda Zia, if the meeting is arranged on specific agenda and the government plays its part as "referee" to moderate the talks, AL said Thursday, report UNB and bdnews24.com.The...
The communications ministry has pledged to go public with a report in its efforts to purge the organisations under its wings of deep-rooted corruption, a top official said, reports bdnews24.com. "We are finding out the sources of corruption in the...
NEW DELHI, Nov 13 (UNB): The leaders of BIMSTEC emerged from their summit meet here Thursday with a unanimous decision to work jointly to tackle the challenges like global financial crisis, concerns over energy and food security and climate change...
Bangladesh Telecommunications Company Limited (BTCL) Thursday decided to launch broadband internet service through 'outsourcing' by this year. The decision came at the sixth board meeting of BTCL held at its head office presided over by the Chairman of BTCL board...
A listed criminal's body was found on Dholaipar Bazar Road of Kadomtoli in the old part of the city early Thursday. The deceased was identified as Saikat Chandra Das (25), son of Sumit Chandra Das and a resident of 27/28...
The government has asked the owners of authorised firearms to deposit those in their nearby police stations from November 20 to December 3. The decision was taken to maintain law and order in the country, as the national and local-body...
FE Report Banks got poor response from loan-defaulter polls aspirants in rescheduling and repaying their dues as the deadline for updating their dues, set by the government, expired Thursday. Under the amended Representation of the People Order (RPO), any person...
Retail consumers may have to pay increased power tariff as the distribution companies began placing proposals with the Bangladesh Energy Regulatory Commission (BERC) for a raise, reports UNB.According to official sources, Dhaka Power Distribution Company (DPDC) Wednesday sent proposal for...
PERTH, Nov 13 (Reuters): Oil fell for a third straight day Thursday to hit a 22-month low of $55 a barrel as mounting pessimism about the global economy outweighed OPEC's comments that it could cut output again as early as...
From Fazle RashidNEW YORK, Nov 13: The US Treasury Department has abandoned the idea of spending the entire bail-out money amounting to $700 billion for recapitalisation of banks and other financial institutions. The reason behind the reversal of the decision...
Bangladesh will get US$ 480 million credit from the International Development Association (IDA), a soft window of the World Bank, under two agreements signed in the city Thursday, reports UNB.The fund will be utilised to increase power supply from the...
TOKYO, Nov 13 (Reuters): Japan is ready to offer up to $100 billion to the International Monetary Fund to assist emerging economies, a Japanese government source said on Thursday, ahead of a global summit on the financial crisis this week.Prime...
CHIEF Adviser (CA) Dr Fakhruddin Ahmed is now in New Delhi to attend the summit meeting of BIMSTEC( The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation). Founded in 1997, it started off with four countries which have...
Syed Fattahul AlimThe timing for the second summit of the Bay of Bengal Initiative for Multi-sectoral, Technical and Economic Cooperation (BIMSTEC) among seven South and Southeast Asian nations in New Delhi could not be held at a better time than...
Mozzamel HaqueTHE ban on polybags was well received in some quarters out of a concern for the environment. But the ban is taken casually now as there is no compulsion to take it seriously. The polybags have staged a comeback...
THE nation once again recalled with a heavy heart recently the jail killings. The brutal assassination of Bangabandhu Sheikh Mujibur Rahman and the members of his family in August 1975 will remain forever a black spot to trouble the consciousness...
ABOUT 110,000 children die every year before they reach the age of five due to water-borne diseases. It is a pity that we could not check the unwanted deaths.Official statistics show, due to inadequate sanitation facilities, 65 million children under...
IF law enforcement is the problem, why cannot the relevant ministry deploy more police to patrol the reserved forests to stop indiscriminate tree felling. The government knows that many brickfields regularly burn wood though it is prohibited. As Barapukuria coal...
Syed JamaluddinBarack Obama never talks about how people see him. He said, 'I am not the one making history. You are .. America is a place where all things are possible'. Barack Hussein Obama did not win because of the...
V. RadhikaDEEPA Mehta, Mira Nair, Jane Campion and Lynne Ramsay have shown that women make great films, the kind that cut across cultural boundaries and create box-office records. And, going by the number of women filmmakers who presented their works...
Merle D. Kellerhals from Washington TWO trade liberalization measures that waive import duties from nations in the Andean region of South America and in Africa have been extended through the end of 2009."All our nations are carrying out a comprehensive...
WASHINGTON, Nov 13 (AFP): The White House said yesterday that it expected US-hosted global economic crisis talks this week to yield "some quite concrete results," launching the first in a series of summits on the meltdown. But the impact of...
GENEVA, Nov 13 (AFP): The World Trade Organisation (WTO) warned yesterday that the financing of global commerce is "deteriorating" amid the financial crisis and the situation is likely to worsen over the coming months. "The market for trade finance has...
LONDON/TOKYO, Nov 13 (Reuters): Germany has fallen into recession and China industry output growth dropped to its lowest in seven years, data showed Thursday, reinforcing fears the financial crisis is plunging the world into a painful downturn.The impact of the...
TOKYO, Nov 13 (AFP): Japan's economy faces a long slump because of the global financial crisis, a member of the central bank's interest rate-setting committee warned today. The financial is curbing economic growth, "putting the Japanese economy on the brink...
SEOUL, Nov 13 (AFP): South Korea today announced new steps to stablise its markets, including a 16-billion-dollar cash injection for firms suffering from tight trade financing. The Bank of Korea promised to give loans worth 10 billion dollars to small...
SINGAPORE, Nov 13 (AFP): World oil prices continued lower in Asia today with traders worried by falling demand during the global financial crisis. In afternoon trade, New York's main futures contract, light sweet crude for December delivery, fell 1.24 dollars...
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