Awami League (AL) Presidium member Tofail Ahmed will head a powerful committee to recommend changes to the AL constitution, the party's central working committee (CWC) decided Saturday, reports bdnews24.com.The decision came in the wake of legal requirement that political parties...
Speakers at a roundtable in the city Saturday called for holding free, fair and neutral polls to ensure welfare of the people and protect the interest of the country, reports BSS. Participating in a roundtable, organised by Bangladesh Policy Forum...
National Awami Party-NAP-(Bhasani) Saturday called for deferring the proposed 18 December parliament to hasten the trials of corruption suspects, reports BSS."We want trial of the corrupt persons first and then the election as the participation of looters in polls will...
FE ReportWestern Marine Group, Bangladesh's leading shipbuilding company has signed MoUs with two government agencies to develop skilled manpower for the growing shipbuilding industry.Western Marine Group signed the two separate MoUs with the Department of Youth Development under the Ministry...
FE ReportSubscription for ordinary shares of Maksons Spinning Mills Limited begins today (Sunday).The company is the first in the textile sector of the country's stock market to raise fund in the last six years followed by another one of the...
FE ReportSoutheast Bank Limited expanded its network further by opening its 42nd branch at the commercial hub of Bogra town recently. Director of the leading second generation private bank Duluma Ahmed formally inaugurated the branch. Former chairman of the bank...
FE ReportTotal deposit of Islami Bank Bangladesh Limited (IBBL) reached Tk 192.27 billion up to September of the current year showing an 18.98 per cent growth against the corresponding period of last year. The total investment amounted to Tk 207.80...
Our CorrespondentCHITTAGONG, Oct 11: Normal production of Karnaphuli Paper Mills (KPM) Ltd is being hampered due to lack of required raw-materials and the mill is now on the verge of closure. Production in the lone nationalised paper mill of the...
FE ReportThe two-day conference titled Telecoms World, South Asia 2008 organized by TERRAPINN ended in a city hotel Thursday.The top professionals of the telecommunication industry of the South Asian region joined the conference, said a press release.Mehboob Chowdhury, Chairman of...
Sarwar Zahan US dollar maintained its stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market despite increased demand for the greenback, fund managers said. Higher inward remittance and export earnings helped the market to easily maintain balance...
FE ReportBASIS, a national software industry group, will organise a five-day exposition in the city, aiming to brand Bangladesh as the next 'frontier' of information technology. The annual exposition of Bangladesh Association of Software and Information Services (BASIS) styled 'BASIS...
Dubai-based Emirates Airline has added another set of highly coveted accolades to its impressive trophy collection, winning the 'Best Middle East/African Airline' award at the 2008 Business Traveller Asia-Pacific Awards, Hong Kong, and the 'Best First Class' title at the...
NEW YORK, Oct 11 (AFP): Global stock markets went into a freefall Friday as panicked investors found no place to hide, although Wall Street managed to stem the losses in a stomach-churning session of ups and downs.Stock exchanges were in...
President of Dhaka Chamber of Commerce and Industry (DCCI) Hossain Khaled has stressed the need for active participation of young leaders and entrepreneurs towards positive change. He made the observation while inaugurating JCI Bangladesh, Dhaka Central, a new LOM (local...
FE ReportDutch-Bangla Bank Limited (DBBL) organised a day-long workshop on new small and medium entrepreneurs (SME) products 'DBBL Smart Term Loan' and 'Smart Cash Credit'. The workshop was inaugurated by the Managing Director of the bank Md Yeasin Ali at...
TOKYO, Oct 11 (AP): Mazda denied Saturday that a decision had been made by troubled Ford Motor Company to sell its stake in the Japanese automaker but it did not rule out a possible deal.Japanese media reported Saturday that Ford...
Though there are no chances of getting any more competitors, the government extended the bid-submission deadline for contracting out the proposed 450-MW Sirajganj power-plant project, reports UNB.According to official sources, now the last date for submission of bid for the...
DU CorrespondentJapan will extend its scientific assistance, scholarships and fellowships for the young researchers and scientists of Dhaka University (DU) in the days ahead.Japanese Ambassador Masayuki Inoue and a delegation of Japan Society for the Promotion of Science (JSPS) gave...
Our CorrespondentRAJSHAHI, Oct 11: Leaf-rot disease and stem-borer pest attack have increased in various upazilas of Naogaon and Rajshahi districts with the menace taking a serious turn in Godagari and Tanore upazilas of Rajshahi and Naogaon Sadar Upazila, Mohadebpur, Manda,...
The government is reportedly considering providing tax incentives to the corporate business houses so as to motivate them to invest more in public welfare activities. The issue of public welfare in the arena of corporate business is a self-motivated movement...
Enayet RasulTHERE is hardly scope to read much -- either negative or positive -- in the global business competitive index that was released last Wednesday. It found Bangladesh sliding down by some four stairs from the previous rating. But more...
We are exposed to serious health hazards. Dangerous and even carcinogenic substances in foods continue to be served by food chains due to a shocking negligence of the health authorities and absence of regulatory activities. The authorities need to be...
ROAD accidents are a menace. Such accidents seem to have increased during the time of festivals, specially the two Eids. According to the National Road Safety Council (NRSC), 3794 people were killed in road mishaps in 2007 (until November) but...
Billy AhmedA true era has come to an end this weekend as screen legend Paul Newman, the last surviving member of a trio of actors who changed their trade, has passed away after a battle with cancer. Newman, died Friday...
Khaled Mahmud RaihanINTERNAL control procedure is an integral part of financial and business processes which acts as the safeguard of the assets, promotes operating efficiency, and ensures compliance with applicable policies and regulations and adheres to the prescribed managerial policies....
Engineer Shafiqul Alam Transport must be a contributor, not a burden, to our quality of life. The air we breathe cannot be the price we have to pay for the use of transport to work and back. But it is...
Doulot Akter MalaThe National Board of Revenue (NBR) is contemplating to request the central bank to ensure that the banks seek 'income tax-payment certificates' instead of TINs from their clients.The NBR move is being planned in the backdrop of detection...
Asian stocks tumbled, driving Japan's Nikkei 225 Stock Average to its biggest weekly decline on record, on concern the deepening credit crisis will push the global economy into a recession. The yen surged, report agencies. Europe's stock markets plunged Friday...
From Fazle Rashid NEW YORK, Oct 10: The stock market took another beating yesterday. The stock in Japan which had so long weathered the storm could no longer hold and plunged more than 10 per cent yesterday sending shivers through...
Kayes M SohelEconomists and capital market experts do not see any immediate effect of the global financial crisis on the country's economy, including the capital market, but they predicted a negative impact if the crisis persisted for a longer period.They...
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