Our CorrespondentCHITTAGONG, Nov 1: Chittagong Chamber of Commerce and Industry (CCCI) and Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) arranged a grand divisional conference of the businessmen to be held tomorrow (Monday) at the Chamber House auditorium in...
Southeast Bank Limited Deputy Managing Director Syed Imtiaz Hasib emphasised the need for evolving appropriate steps for efficient implementation of Islamic banking operations and Shariah principles to ensure social welfare, justice and exploitation-free society as per revealed guidance of Islam.He...
Shahedul Islam has been elected president of Bangladesh Chamber of Industries (BCI) for 2008-2010 term recently, says a press release.SM Shahab Uddin and Delowar Hossain Raja have been elected senior vice-president and the vice-president respectively of the chamber uncontested. Election...
Credit and Development Forum (CDF) organised a day-long training workshop on Asia Invest: Linking European Funds And Asian MFIs (micro finance institutions). CDF Chairman Atiur Rahman presided over the workshop, while founder and President of ASA, a non-government organisation, and...
NEW YORK, Nov 1 (AFP): A rally in US and European share markets stayed on track Friday, delivering solid gains at the end of a month of wild volatility and losses amid fears a deep recession lies ahead. The rallies...
NCC Bank Limited has launched its Data Centre at Motijheel in the city. Chairman of the bank Tofazzal Hossain inaugurated the centre as the chief guest recently, while sponsor Din M Rana attended the function as the special guest.Managing Director...
Our CorrespondentNILPHAMARI, Nov 1: A month-long cottage and handicrafts fair began at Nilphamari on October 24 at the Nilphamari High school ground. Deputy Commissioner of Nilphamari Rashedul Hasan inaugurated the fair in a ceremony attended by local distinguished persons and...
Siddique Islam The rate of cancellation of letters of credit (LCs) for import of essential items has significantly increased because of substantial erosion in prices of the commodities in the global market. The rate of cancellation of LCs against import...
Zaidi SattarThe global financial crisis is no longer limited to the financial sector. The onslaught has already spilled over into the sphere of production, consumption and jobs in the real economy. The irony of it all is that the big...
FE Report Bangladesh needs to re-brand itself to burnish its image abroad and attract increased volume of foreign capital, corporate captains and financial experts said Saturday, calling for improvement in the services delivered by country's diplomatic missions abroad.They said the...
UN Secretary-General Ban Ki-moon expressed the hope that the forthcoming parliamentary elections would be held in most fair, objective and credible ways so that Bangladesh can have very smooth and peaceful transition to full democracy, reports UNB.Ban praised Bangladesh's role...
WASHINGTON, Nov 01, (AP): That smiling guy walking down the street? Odds are he's a Barack Obama backer. The grouchy looking one? Don't ask, and don't necessarily count on him to vote on Tuesday (November 04), either. More John McCain...
FE ReportThe appointment of an overseas agency to audit the pre-shipment inspection (PSI) companies by the revenue board has encountered a glitch although the procedures for selecting the company have been finalised.The evaluation committee of the National Board of Revenue...
FE ReportThe time for declaring undisclosed income expires today (Sunday) and the National Board of Revenue (NBR) expects a last minute rush of people to avail of the opportunity.Tax offices saw a large number of people declaring their undisclosed income...
A train rammed into a passenger bus at Malibagh level crossing Saturday evening, but a catastrophe was averted as all on board the bus hurriedly got down to safety. The train and the bus got interlocked on tracks, disrupting traffic...
A foreign ministry spokesman Saturday dismissed outright some reports published in the Indian media alleging involvement of a Bangladesh-based extremist group in the recent Assam serial bombings. "The allegations are totally baseless and, as in the past, have no evidence...
WASHINGTON, Nov 01: US bank regulators Friday closed Freedom Bank in Florida, the 17th bank to fail this year as the weakening economy and falling home prices take their toll on financial institutions. Customers of the banks' four branches can...
Awami League president Sheikh Hasina will return home at 8:00am on November 10 by an Emirates flight. Her press secretary Abul Kalam Azad said Hasina would come from Washington via London. Released June 12 on parole, she had then left...
FE Report Chairman of Intergovern-mental Panel on Climate Change (IPCC) RK Pachauri said Saturday there is need for concerted effort to combat the challenges of fast deterioration of climate changes. IPCC chairman was addressing a plenary on the next fifteen...
FE ReportIndian State Minister for Power Jairam Ramesh has sought power grid connectivity with Bangladesh to ensure smooth flow of electricity between the two countries, officials said Saturday.The power grid connection between Bangladesh and India would help reduce the nagging...
FE Report Three entrepreneurs--AKM Fahim Mashroor of bdjobs.com, Ali Ishtiaq of pyxisnet and Tahera Begum of Arju Iron Store--were given the Dhaka Chamber of Commerce and Industry (DCCI) Award-2008 Saturday.Rajandra Mahto, Nepalese minister for commerce and industry, GL Peiris, Minister...
UN Secretary General Ban Ki-moon said Bangladesh's most pressing need is to ensure a peaceful transition back to democracy and for the upcoming elected government to consolidate the democracy and reform to stem a recurrence of confrontational politics, reports UNB."This...
From Fazle RashidNEW YORK, Nov 01: Amid gloom pervading all over the globe in the wake of the worst financial crisis yet, MasterCard, world famous credit card operator, announced the launching of its credit card known as diamond. The card...
FHM Humayan KabirThe government received foreign aid worth US$392.40 million in the first quarter of fiscal 2008-09, an official said Saturday.This is $31.32 million higher over the amount received during the same period last fiscal."We've received $358.312 million as loans...
S M JahangirA drastic fall in the global prices of petroleum oils is set to help the government curtail its budgetary allocation by over Tk 11 billion for financing operating losses of the state-run petroleum marketing agency - BPC, sources...
The Election Commission (EC) Saturday heard statements of objection against the registration of Jamaat-e-Islami as a party, including "proof of war crimes" from the War Crimes Facts Finding Committee (WCFFC), reports bdnews24.com. Jamaat did not appear at the hearing, having...
France Ambassador in Dhaka Charley Causeret Saturday offered his country's help to build a nuclear power station in Bangladesh, reports UNB."Bangladesh can benefit from France's expertise to initiate a nuclear power policy," he said addressing a seminar titled 'Power Sector...
The Dhaka Chamber of Commerce and Industry (DCCI), deserves appreciation for hosting an international business conference coinciding with the celebration of its 50th founding anniversary. For the two-day conference, attended by academia, global business leaders, economic think tanks and policymakers,...
Shahiduzzaman KhanTHE government formulated a seven-point strategy to ensure the well-being of the Bangladeshi workers abroad and expand the manpower-export market worldwide by removing the prevailing hurdles more than a year ago. The strategy included exploring new manpower export markets...
Shamim AhmedPublic sector organisations that do not settle their accounts with other government or private bodies negatively affect proper functioning of the public sector as a whole. The defaulting public sector organisations sometimes face formidable difficulties in clearing their debts....
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