FE ReportThe government is set to sign a deal with a Pakistan state-owned company to conduct feasibility study for a proposed US$280 million project to triple capacity for the Eastern Refinery Limited (ERL), an official said Saturday.The Chittagong-based lone state-owned...
Siddique Islam The weighted average spread between lending and deposit rates of commercial banks declined to 5.34 per cent in June following the central bank's dogged persuasion to lower the same, at least, to 5.0 per cent."We expect the spread...
FE ReportThe government will have to buy more than half a million tonnes of foodgrain within next one month from the local markets to fulfil its procurement target of total 1.5 million tonnes of rice and paddy, officials said Saturday....
FE ReportPrices of some vegetables and beef increased in the city markets Saturday. Traders said price of green chilli increased by Tk 20 per kg at retail level and a kg of better green chilli was being sold between Tk...
NEW DELHI, Sept 27: Four people were killed and 15 others injured in an explosion in south Delhi Saturday, police said. "We received a call at around 2.30 pm about an explosion in a flower market in south Delhi," a...
The well-marked low off the Bangladesh-West Bengal coast persisted over the north Bay and the adjoining Bangladesh coast Saturday. The BIWTA Saturday imposed ban on plying of small vessels on 76 routes of the southern region due to the inclement...
Bishwo Shahitto Kendro has been selected for one of UNESCO's most prestigious awards, the Jan Amos Comenius Medal, for outstanding achievement and innovations in the field of education. Chairman of Bishwo Shahitto Kendro's trustee board, Prof Abdullah Abu Sayeed, will...
The 2008 forum of the Asian Confederation of Credit Unions (ACCU) concluded on Saturday with all the 400 delegates from 32 countries agreeing to the Dhaka Declaration.The Dhaka Declaration called the cooperative organisations to put efforts in achieving millennium development...
The country's steel and re-rolling millers were passing through a bad time, as the prices of raw materials of their products had marked a sharp fall in the last couple of months, reports UNB.According to industry sources, the prices of...
UNITED NATIONS, (bdnews24.com) - Chief adviser Fakhruddin Ahmed has urged the world to consider the possibility of creating a Global Food Bank and stressed on food security, democracy and development for least developed countries. Such a mechanism, he told the...
FHM Humayan KabirThe Chinese contractor, Harbin Power Engineering, is holding back the commercial operation of the 70-MW power plant at Fenchuganj following dispute over payment of advance income tax (AIT) and value added tax (VAT). The Power Development Board (PDB)...
Education Adviser Hossain Zillur Rahman announced Saturday that the proposed private university ordinance would be tabled in the next meeting of the interim cabinet, reports bdnews24.com. Speaking at a press conference after a policy meeting at the education ministry, he...
Former Prime Minister Khaleda Zia is likely to be charge-sheeted in yet another graft case, as the Anti-Corruption Commission (ACC) is scrutinising the investigation report of the Zia Orphanage Trust graft case filed against her, Tarique Rahman and five others,...
FE Report The World Health Organisation (WHO) and the UN Food and Agriculture Organisation (FAO) have urged the affected countries to ensure safe feeding of millions of infants following the ongoing melamine-contaminated milk crisis in China. The two agencies in...
One of the corridors of an abandoned Wapda building, housing some 101 stranded Pakistani families, collapsed near Journalists' Colony in Mirpur-11 in the city Saturday, trapping members of five of the families in their rooms, reports UNB.A 20-foot passage on...
Home Adviser Maj Gen (retd) MA Matin got admitted to Combined Military Hospital (CMH) for treatment Saturday evening, reports UNB. CMH sources said the Adviser was admitted to hospital at around 8:30 pm and he was sent into the ICU.
Robbers shot dead a former Ansar commander in the city’s Uttarkhan area early Saturday, reports UNB.The dead was identified as Nasirullah Khan (56).Police said a gang of 5/6 robbers stormed into the house of Nasirullah at Maosait at about 2:45am...
CASH incentive for the exporters has been one of the various measures taken by successive governments to promote export trade of the country. With the passage of time and consequent growth of the sector, the overall quantity of export has...
Billy I AhmedWE have to prepare for tomorrow today. When we look at our earth from space we see a "blue planet", because about 70% of earth's surface is covered with water. But the misfortune is that only 0.003% can...
Raziur RahmanIn a city already overloaded with population, more people from all over the country are coming with desperate bid to settle. The influx of population has resulted in not only high density, but also growth of slums in a...
IN the context of Bangladesh, one can say that the country is not too poorly served by labour laws and their regulations on the employers. Trade union practices providing collective bargaining of workers with their employers are generally allowed in...
A government anywhere, worthy of its name, must be free to exercise its authority. It may be a caretaker government but that does not mean that it should be run according to the wishes or dictates of outsiders. In that...
Burton BollagThe decision by a brother and sister to import from Oman the dried-lime tea their Iraqi immigrant family drank has blossomed into a large specialty tea business.Numi Organic Tea has prospered by introducing consumers to natural flavors from around...
Abul Quasem HaiderThe universities, which follow the North American curriculum, were the first to introduce the grading system in Bangladesh. Now most of the universities, both in the public and private sectors, have taken to the grading system. Recently, the...
Mozammel HussainThe police have at times been seizing some quantities of date-barred insecticides being sold by the "agents" at some parts of the country. According to reports in the media, the staff of such companies admitted to the police, during...
Andrzej ZwanieckiA solar-rechargeable LED light for use in villages with no electricity was a class project at the Stanford University Institute of Design for four engineering and business students. Now d.light, a company the Stanford students started, sells the $20-$30...
Syed Fattahul AlimAll the religions, philosophies and social beliefs are at one about the notion that that the human self is sovereign. And man has unquestionably accepted it as a fact of life that the self is a non-negotiable entity....
Elizabeth A Kennedy After nearly 20 years of violent chaos, Islamic extremism and failed peace talks, impoverished Somalia might seem to have hit rock-bottom. But things are getting worse. The crisis is exceeding even the direst scenarios laid out nearly...
Terence Hunt How did it happen, America's grave financial crisis? President Bush offered a bunch of explanations but held Washington completely blameless, painting a picture of a government standing innocently on the sidelines as the economy went off the rails.Somehow,...
With the Shenzhou VII mission set to attempt China's first spacewalk this weekend, the country's leaders are betting that their heavy investments in space exploration, in the process seeking to burnish the national image and build political capital abroad, will...
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