FE ReportFinance Adviser Mirza Azizul Islam Thursday ruled out the possibility of further reducing taxes on imported edible oil as the practice does not, in effect, help to rein in prices.In the current fiscal budget, the government totally withdrew the...
FE ReportSeveral options are available to Bangladesh for possible future programme support by the International Monetary Fund (IMF) or policy consultations with it (IMF). It is up to the government to decide the most appropriate type of assistance to seek...
The private satellite television channel CSB went off air Thursday evening, as Bangladesh Telecommunications Regulatory Commission (BTRC) ordered the Focus Multimedia Company to shut down on grounds of going on air sans valid clearance, reports UNB. A senior journalist of...
Former Prime Minister Khaleda Zia's youngest son Arafat Rahman Koko was sent to jail by a magistrate court Thursday before completion of his seven-day police remand, reports UNB.Amidst speculations about his sickness, Koko was brought to the CMM court in...
Isabel Gorst, FT Syndication ServiceASTANA: Kazakhstan on Thursday demanded greater control over the giant Kashagan oilfield in the Caspian Sea on Thursday, complaining that inadequate management of the project by a foreign consortium led by Italy's Eni had damaged the...
FE ReportThe board of directors of the Dhaka Stock Exchange (DSE) in its board meeting Thursday approved Bangladesh Finance and Investment Company (BFIC) and International Leasing and Financial Services (ILFS) for trading on the DSE.According to the decision of the...
The government is likely to withdraw the newly-imposed 15 per cent VAT on the lawyers, NBR officials said. They said a proposal was sent to the Finance Ministry for its views about waiving VAT on legal practitioners. The ministry nodded...
The country's first clinker plant will produce cement clinkers from September 9. The private-owned plant will produce about 200 tonnes of clinkers every day. Industries Adviser Geeteara Safiya Chowdhury is expected to inaugurate the plant. At present, a total of...
FE ReportA Japanese mission will arrive in Dhaka on September 12 to explore future Japanese cooperation to Bangladesh and review ongoing projects being funded by the bilateral donor, official sources said.A senior Economic Relations Division official said the mission during...
FE ReportSeveral factors, including improper policy supports from the government and inadequate credit facilities, are impeding the growth of local dairy industry, thus, increasing the country's import dependency on powdered milk.Besides, the absence of a level-playing field between the public...
Refayet Ullah MirdhaThe formal trading of shares of state-run Jamuna Oil Company will begin on the Dhaka Stock Exchange (DSE) by the end of the current month.Chief Executive Officer (CEO) of the DSE, Salahuddin Ahmed Khan said the process for...
The Election Commission (EC) would hold election to Rajshahi City Corporation at the end of January or middle of February next, reports UNB.Meanwhile, Election Commissioner M Sakhawat Hussain Thursday said the EC would invite the mainstream faction of any political...
Naim-Ul-KarimThe government of the United Arab Emirates (UAE) has set a November 03 fresh deadline to help thousands of Bangladeshi workers, who are staying in the UAE illegally, return home escaping fine or imprisonment, sources said.The UAE government set the...
New Bangladesh Nationalist party (BNP) Secretary General Khandaker Delwar Hossain Thursday rejected expelled BNP leader Abdul Mannan Bhuiyan's claim of being the mainstream BNP, saying that one can forcibly occupy land but not politics, reports UNB.Talking to reporters at his...
The National University authorities decided to resume the activities of all government and non-government colleges tomorrow (Saturday) as the government withdrew the closure order issued earlier, reports UNB.An official announcement Thursday said, "The government has decided to withdraw an order...
The national power grid partially failed Thursday evening plunging the whole of northeastern region of the country into darkness, reports UNB.Official sources said a glitch in the 230KV East-West Inter-connector (EWIC), the only power-transmission line between the country's east and...
FE ReportThe US dollar remained unchanged against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The exchange rate of the dollar stood at Tk 68.70 against the previous day's...
FE ReportThe share price indices on the Dhaka Stock Exchange (DSE) continued to rally for the eighth day Thursday amid buying by the investors.But, the total turnover declined in thin trade as the investors moved cautiously because of a lingering...
Home secretary Abdul Karim said Thursday action would be taken against Abdul Mannan Bhuiyan if he had violated emergency powers rules by using loudspeakers at his Gulshan home, reports bdnews24.com. Bhuiyan, expelled as BNP secretary general by chairperson Khaleda Zia...
Sharmila Rahman, wife of Arafat Rahman Koko, Friday met her detained mother-in-law and former Prime Minister Khaleda Zia in her makeshift jail on the Jatiya Sangsad Bhaban compound. “Arafat’s wife Sharmila Rahman along with Sharmila’s grandmother Sahana Afzal entered the...
Satkhira Sept 7 (UNB)- Border Security Force (BSF) of India shot dead two Bangladeshi cowboys at Kushkhali frontier in Sadar upazila here Friday. The deceased were identified as Ali Hossain, 25, son of Barakatullah of Satani village and Harun Mollah,...
The United Nations system in Bangladesh has mobilised additional funds of US$6 million (approximately Tk 42 crore) to alleviate the sufferings of the flood affected people of the country. This is in addition to UN system assistance of approximately US$11...
Dhaka, Sept 5 (bdnews24.com) – Businessmen Wednesday asked the government to ensure a fearless environment for businesses. They said bringing confidence back to the mind of the businessmen was important to rein in the soaring prices of essentials—a concern that...
SYDNEY, Sept 5 (AFP): US President George W. Bush, flanked by his staunchest war ally, said Wednesday he saw enough progress in Iraq that he may soon be able to announce a partial US troop withdrawal. Standing next to Australian...
BEIJING, Sept 5 (AFP): North Korea announced Wednesday the arrest of "several" foreign spies who had allegedly conducted espionage on the Stalinist nation's military, China's official Xinhua news agency reported. A spokesman for North Korea's national security service told reporters...
NEW YORK, Sept 5 (AFP): Under police guard, about 60 pupils at New York's first Arabic bilingual school turned up for classes on Tuesday amid accusations the institution is a potential breeding ground for Islamic extremists. "This is absolutely not...
MOSCOW, Sept 5 (AP): The mayor of a Siberian oil town has ordered his bureaucrats to stop using expressions such as "I don't know" and "I can't." Or look for another job.Alexander Kuzmin, the 33-year-old mayor of Megion, has banned...
KABUL, Sept 5 (AFP): More than 50 insurgents were killed in fresh fighting between Taliban-led rebels and soldiers from Afghan and international forces, the US-led coalition and police said Wednesday. Troops pounded suspected militants in the central province of Ghazni...
PARIS, Sept 5 (AFP): The northern tip of the Bay of Bengal, home to tens of millions of people, faces a potential double whammy from an earthquake and tsunami, a scientist warned on Wednesday. He says the peril does not...
NEW DELHI, Sep 5 (AP): India's government has set up a committee to examine concerns over a nuclear deal with the United States that critics say could undermine the country's nuclear weapons program and independent foreign policy.The committee, announced by...
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