SIRAJGANJ, Sept 29 (UNB): Mohua (8), a minor girl and daughter of Abdul Momen, was killed after rape at Dumurisa village under Sadar Upazila Friday night.Police said co-villager Shaheed (25), son of Mongla, picked up Mohua from her house, took...
Mehdi Musharraf BhuiyanIncreased market competitiveness and liberalization process through the establishment of a 'pro-competitive regulatory regime' for the telecommunication sector, as the international evidence suggests; is the key for transforming Bangladesh into a regional leader in Information and Communication (ICT)...
Our CorrespondentCHITTAGONG, Sept 29: Thai investors are very keen to invest in Bangladesh because of huge potential of investment here.Leader of the Thai delegation and director general of the Foreign Ministry of Thailand Pisanu Channtan said this while addressing crowded...
FE ReportICB Asset Management Company Limited, a subsidiary of ICB, declared total net asset value (NAV) of its two unit funds in the city recently.The NAV of ICB AMCL unit fund stood at Tk 6,719,663,128.04 on the basis of cost...
Our CorrespondentRAJSHAHI, Sept 29: A huge quantity of fertiliser worth over Taka 110 million (11 crore) remained stockpiled at the godowns of 88 dealers of BCIC ( Bangladesh Chemical Industries Corporation) as the farmers of the district are reluctant to...
FE Report The inter-bank call money rate maintained a steady level Monday with injection of fresh cash into the market. US dollar also remained mostly stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to adequate supply...
TOKYO, Sept 29 (AP): Asian stock markets fell Monday amid investors skepticism that the deal reached in Washington over a US$700 billion bank bailout would quickly resolve the bad debt crisis.Adding to concerns of further global financial contagion was news...
LONDON, Sept 29 (Reuters): European shares fell heavily Monday as fallout from the credit crisis hit the region's banking sector, forcing partial nationalisation of two banks and leaving investors to ponder the impact of a US bailout plan.The euro and...
Our CorrespondentCHITTAGONG, Sept 28: Chittagong Customs Thursday seized 1250 tonnes of iron products of a Dhaka-based importer on charge that those were being imported under false declaration.It is alleged that the importers were trying to bring in a huge quantity...
FE ReportCiti has been included among '100 Best Companies' listed by Working Mother magazine recently. It is for the 18th year that the bank has been enrolled by the gender periodical that highlights Citi's commitment to its employees.Almost 25 per...
NEW YORK, Sept 29 (AP): Citigroup Inc. will acquire the banking operations of Wachovia Corporation, one of the nation's largest banks, in a deal facilitated by the Federal Deposit Insurance Corporation.Citigroup will absorb up to $42 billion of losses in...
Access Telecom (BD) Limited (AccessTEL), a wireless broadband access (WBA) network and broadband service provider in Bangladesh, has signed an agreement with Qspan Technologies Limited to extend "Bank Branded" mobile banking services, said a press release.The Qspan solution will allow...
Qamrun Nahar has been reelected vice chairman of the Janata Insurance Company Limited.The board of directors of the company at its recently held meeting unanimously reelected her vice chairman, said a press release.Qamrun Nahar is also a director of United...
FE ReportElectricity tariff for the bulk consumers will go up by 16 per cent on an average from October 1, 2008.The Bangladesh Energy Regulatory Commission (BERC) Monday issued an order to this effect after completion of two and a half...
FE Report The central bank has made mandatory for all local and foreign commercial banks to disburse agriculture credit from this fiscal to ensure food security of the country. The Bangladesh Bank (BB) has also introduced a 'Revolving crop credit...
Bangladesh Telecommunication Regulatory Authority (BTRC) earned Tk 14.0 billion through the allocation of some additional frequency spectrum to three mobile phone operators -- Aktel, GrameenPhone and Bangla Link, reports UNB.Disclosing this at a press conference at Setu Bhaban in the...
Eid-ul-Fitr, one of the biggest religious festivals of the Muslims, may be celebrated in the country tomorrow (Wednesday), if the moon of the lunar month of Shawal is sighted today (Tuesday), reports UNB.The National Moon-sighting Committee will meet today to...
Endorsing government position against ex-Prime Minister Sheikh Hasina's prayer, the High Court (HC) denied Monday her bail in an extortion case filed by a businessman, putting her regular release in limbo, reports UNB.Though her counsel opted for filing appeal against...
Bangladesh Standard and Testing Institution (BSTI) will kick off a special anti-adulteration drive across the country to check the faking of food and other commodities that caused serious public health concern. The decision was taken at a meeting in the...
Shakhawat Hossain Finance and planning adviser Mirza Azizul Islam said Monday Islamic Development Bank (IDB) has agreed to finance modernisation of the country's aging lone oil refinery and a establishment of a 150 megawatt (MW) power plant.The positive response came...
Chief of Army Staff General Moeen U Ahmed expressed the hope Monday that a capable government, which would be elected through a free, fair election, would take decision on trial of war criminals, reports UNB."Let the upcoming election be held...
FE ReportThe exodus of city dwellers to celebrate Eid in their hometowns increased with officials and employees of government and private organisations attending their last day in office Monday.The public holiday starts from tomorrow (Tuesday) followed by the week-end.Severe traffic...
FE ReportThe Securities and Exchange Commission (SEC) is going to extend the September 30 deadline for renewing the existing beneficiary owners' (BO) account upto October 15 considering the long vacation due to Eid-ul Fitr and Durga Puja.As per the previous...
A government decision to deny subsidised urea fertiliser to tobacco farmers could result in chaos descending on the country's premier cash-crop tobacco, industry leaders say, reports bdnews24.com. "There could be larger repercussions on the industry as a whole and the...
Standard Chartered Bank CEO Osman Tarik Murad was granted bail Monday after he appeared before the Dhaka Chief Metropolitan Magistrate's court in an alleged car seizure case involving the bank, reports bdnews24.com. A warrant of arrest was issued against him...
FE Report The inter-bank call money rate remained steady Monday with injection of fresh cash into the market which witnessed huge withdrawal of fund by the retail consumers due to the ensuing Eid-ul-Fitr celebration.The central bank injected Tk 19.525 billion...
Government offices will remain open today (Tuesday), an official says, reports bdnews24.com. The government appeared undecided as offices closed Monday afternoon about whether Tuesday should be a workday prior to the Eid-ul-Fitr. "We haven't yet received any directive on declaring...
FE Report Anders Jensen, the chief of the country's leading cell phone operator Grameenphone (GP), mostly owned by the Norwegian Telenor, explained Monday the reason of decision to shorten his service tenure in Bangladesh."I am leaving a bit earlier than...
French Embassy here introduces biometry (by fingerprints) to deliver visas for Bangladeshi visa seekers from October 6, reports UNB.A release of the French Embassy Monday said this procedure already implemented around the world will help the bona fide visa holders...
Eid-ul-Fitr, the greatest religious festival of the Muslims, will be celebrated in the country tomorrow (Wednesday) or a day after, depending on the sighting of the moon. It comes after a month-long period of fasting which is meant to be...
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