M Azizur RahmanThe country's billion dollars steel sector is now passing through a hard time as local sales dropped significantly despite the price fall of scrap vessels in the international market, traders said.They said the country's steel sector has tremendous...
FE ReportOver 100,000 Bangladeshis are expected to leave Dhaka with jobs for Malaysia by next three months, foreign adviser said Friday."We have come to know that a further 100,000 Bangladeshis will be able to leave Dhaka with jobs for Malaysia...
Kayes M SohelSome 17 Z-category companies out of 28 surveyed by the Dhaka Stock Exchange (DSE) have been found inoperative for years, putting investments worth millions of Taka at risk.The 17 listed companies raised a total of Tk 540.49 million...
Liquid assets of the scheduled banks stood higher at over Taka 483.81 billion as of end June, 2008, against over Taka 448.40 billion as of end June, 2007, marking a rise by over Taka 35.40 billion or 7.9 per cent,...
BNP standing committee members M Saifur Rahman and Mahbubur Rahman met with BNP chairperson Khaleda Zia Friday afternoon, reports bdnews24.com. The two leaders, known as 'reformists', went to Khaleda's Shaheed Moinul Road residence in the city at 4:00pm to meet...
BNP leader Hafizuddin Ahmed, in a dramatic U-turn within 24 hours of the release of party chief Khaleda Zia, has announced that he accepts Khandaker Delwar Hossain as the secretary general of the party, reports bdnews24.com. He told the news...
Jasim Uddin Haroon The country's date market is worth Tk 2.0 billion with the consumption gradually increasing in both urban and rural areas, importers told the FE Friday.Bangladesh imports around 40,000 tonnes of date annually of which more than 90...
Harvey Morris at the United NationsFT Syndication ServiceDespite almost a decade of intensified international efforts to improve the lives of the world's most disadvantaged, the number of those living in extreme poverty is on the rise in the poorest regions,...
HOUSTON, Sept 12: A sprawling and strengthening Hurricane Ike steamed through the Gulf of Mexico Friday on a track toward the nation's fourth-largest city, where authorities told residents to brace rather than flee. Ike's 105-mph winds and potential 50-foot waves...
RAJSHAHI, Sept 12: Rajshahi University (RU) will reopen on October 12 after it remained closed for 53 days following a clash between students and residents of nearby Binodpur area. Residential halls, however, would be opened on October 11. The decision...
Mahmuda ShaolinThe Bangladesh Post Office (BPO) will start providing passport processing services from tomorrow (Sunday) in the capital to help ease the trouble that the applicants have to undergo to obtain the travel document."The government has permanently engaged the post...
Chief Adviser (CA) Dr Fakhruddin Ahmed has said there is no doubt that the stalled general election will be held on schedule, reports UNB. "I'm optimistic and confident. The election will be held right on schedule," he said in an...
FE ReportThe government will start negotiating with the World Bank (WB) on September 17 for a $355 million loan to finance an integrated energy and power sector development project in Bangladesh, an official said Friday."We'll sit with WB on September...
S M JahangirAn inordinate delay in the floatation of initial public offerings (IPOs) by a good number of insurance companies is dealing a blow to an official move for enlistment of new issues with the capital market, official sources said....
London, Sept 12 (UNB): Ailing Tarique Rahman, elder son of former Prime Minister Khaleda Zia, along with his family members arrived here by an Emirates flight Friday morning for treatment.Scores of workers of BNP and its front organisations received him...
LONDON, Sep 12 (Reuters): Oil rose to around $102 a barrel on Friday, underpinned by Hurricane Ike which could threaten oil refineries in the United States, the world's biggest energy consumer. US crude for October delivery rose $1.27 to $102.14...
FE ReportThe Dhaka Stock Exchange (DSE) continued to witness its bullish trend for the third consecutive week ended Thursday riding on the buying support mostly from retail investors.All the market barometers - the benchmark DSE General Index and the All...
NEW DELHI, Sep 12 (Reuters): India hopes to allow futures trade in wheat, rice and soyoil and other commodities by the end-November, the market regulator said, the latest sign of easing trade curbs ahead of an expected bumper harvest. India,...
FE Report The financial market regulators and supervisors from Asia and the Pacific region including Bangladesh will gather later this week in Manila to discuss and exchange ideas on measures to strengthen global, regional and national financial markets in the...
BANGKOK (Reuters): Samak Sundaravej has withdrawn from next week's Thai parliamentary vote to choose a new prime minister, a close aide said on Friday.His decision came hours after parliament postponed the vote to Wednesday, heading off a collision with protesters...
A decision on whether Abdul Jalil will be reinstated as general secretary will be made after Sheikh Hasina returns home, Awami League acting president Zillur Rahman has said, reports bdnews24.com. Speaking to reporters at his Gulshan house Friday, Zillur said...
The government has transferred some deputy secretaries. The ministry of establishment issued the transfer orders on Thursday, reports bdnews24.com.Shawkat Akbar, secretary of the Privatisation Commission and Sheikh Adbur Rouf of the finance division have been transferred to the home ministry.Home...
Congressman Howard Berman, Chairman of the House Foreign Affairs Committee, has lauded the contribution of Bangladesh community in the USA, reports UNB/ BSS."Bangladesh community in the USA is a positive force for promoting development and diversity in this country," said...
The Election Commission (EC) is drafting a set of guidelines for election observers, allowing them for the first time to remain in polling booths throughout the voting and counting processes, a senior EC official said Thursday, reports bdnews24.com.After a meeting...
The BNP's Standing Committee will hold a meeting today (Saturday) at the party headquarters in the city's Naya Paltan, reports UNB.Party chairperson Khaleda Zia is expected to chair the meeting at 3:00 pm, said Mahbubur Rahman, a member of the...
JOYPURHAT, Sept 12 (UNB): Indian Border Security Force (BSF) exchanged gunfire with BDR jawans on Hatkhola border in Panchbibi Upazila of the district early Friday, which left an Indian cattle trader injured.Babu Mondal, cattle trader of Fatehpur-Damiron village in Hili...
A 'vicious circle' in connivance with the owners of the coaching centres in the city has allegedly earned huge amount of money by helping students to illegally get admitted at the Dhaka University (DU), reports BSS.According to the sources, each...
RANGPUR, Sept 12 (BSS): A boom in the handloom industry has been contributing to the rural economy, helping hundreds of distressed women and unemployed girls to achieve economic self- reliance in recent years.The hapless women are successfully changing their fortunes...
RAJSHAHI, Sept 12 (BSS): Rajshahi Medical College (RMC) has been closed until October 10 next following a clash between Bangladesh Chhatra League (BCL) and Jatiyatabadi Chhtra Dol (JCD) at its hostel Thursday night.The residential students have been asked to vacate...
Our Correspondent CHITTAGONG, Sept 11: Eastern zone of the Bangladesh Railway (BR) has made necessary arrangements for selling advance tickets of inter-city trains from September 18 to 24 from 8:00 am to 4:00 pm under special arrangement from Chittagong Railway...
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