US President George W Bush has welcomed the roadmap for general elections in Bangladesh and praised the caretaker government's (CG) commitment to hold the elections in 2008, reports UNB.He assured any cooperation of the US government in holding the elections.Bush...
FE Report The country's overall imports grew by 14.49 per cent with consumers' goods marking the highest growth at 38.86 per cent in the immediate past fiscal over those of the previous fiscal. Letters of credit (LCs) against imports worth...
Raphael Minder, FT Syndication ServiceHONG KONG: East Asia's financial markets are vulnerable to a sudden unwinding of yen-carry trades and withdrawal of the capital that has lifted many of the region's currencies, according to the Asian Development Bank. In its...
FE ReportThe indices on the Dhaka Stock Exchange (DSE) declined marginally due to market correction Thursday, the last trading session of the week.But both the total turnover and the total market capitalisation registered an increase on the day.On Thursday day,...
A number of rivers across the country have breached their banks leaving thousands marooned without adequate shelter or provisions, reports bdnews24.com. At least six rivers are flowing at dangerous levels with a risk of further swelling in the Brahmaputra and...
The Anti-corruption Commission (ACC) Thursday filed a case against the detained former Chief Conservator of Forests (CCF) Osman Gani on charge of misappropriation of money. The ACC Deputy Director Golam Shahriar Chowdhury filed the case with Uttara police station at...
A joint venture company of Italy and Bangladesh will set up a plant for producing rolling shutter and accessories in Karnaphuli Export Processing Zone (EPZ). The company -- M/s LM Masinara Asia Limited -- will invest US$ 5.672 million to...
A teacher of E Haque Coaching Centre was gunned down inside the centre at Kalabagan in the city Thursday. The victim was identified as Abul Bashar (38), a mathematics teacher, son of Sultan Sikder of village Chanta of Bakerganj in...
The Power Cell Thursday received Expression of Interest (EoI) from about 15 local and international firms responding to its move to set up rental power plants across the country in the private sector, reports UNB.Official sources said these firms evinced...
FE ReportOperators and investors in the stock market faced serious problems Thursday as the operation of Central Depository Bangladesh Ltd (CDBL) remained suspended for the entire day due to technical faults.The suspension of the CDBL operation for a whole day...
Shakhawat Hossain Myanmar Minister for Construction Major General Saw Tun arrived in Dhaka Thursday for signing a deal with Bangladesh on building a friendship road that will also link the Chinese city of Kunming."We will sign an agreement on construction...
FE ReportChina is expected to finance construction of a urea fertiliser factory in Bangladesh, which is struggling to meet a growing need for manure to boost production of grains.Official sources said in response to a Bangladesh request, China recently assured...
FE ReportThe Trading Corporation of Bangladesh (TCB) has started appointing dealers in 37 districts including Dhaka city, official sources said. "We have already appointed 18 dealers for Dhaka city and started supplying to them some essential commodities," Mirza Fazlul Karim...
The state-owned hydrocarbon and mineral resources corporation, Petrobangla, has been facing a very tough situation to meet the gas demand in Chittagong city and adjoining areas, reports UNB. At present, gas shortage in the country's commercial capital is about 50...
Chief Election Commissioner (CEC) ATM Shamsul Huda Thursday said confusion surfacing in the country's political arena about the election roadmap would become clear when the Election Commission (EC) would serially complete the tasks under the plan, reports UNB."There is no...
FE ReportThe US dollar eased against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market due to moderate demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.52 and...
The Appellate Division has stayed until Monday the hearing of a government appeal against the High Court verdict that declared the cancellation of the Rangs Bhaban design illegal, reports UNBIn an order Thursday, Justice Mohammad Fazlul Karim and four other...
The website of Implementation, Monitoring and Evaluation Division (IMED) of the Ministry of Planning was launched Thursday, aiming to ensure transparency and accountability of the development projects, reports UNB"The government believes in transparency and accountability," Finance and Planning Adviser Dr...
FE ReportThe World Bank (WB) will provide US$39.6 million (about Tk277 crore) loan to Bangladesh government to help implement two different projects - one for prevention of avian influenza and the other for making the public procurement modalities more accountable.Two...
India confirms bird flu outbreak in Manipur NEW DELHI, July 26 (Reuters) : The Indian government confirmed Thursday that the latest outbreak of bird flu in poultry in the remote northeast of the country was of the dangerous H5N1 strain.India...
Awami League's acting president, Zillur Rahman, Thursday aired his doubt about holding of a free and fair general election in due time, as he pointed out delays in the preparation, reports UNB."The Election Commission has not yet started to prepare...
Chief Adviser (CA) Fakhruddin Ahmed Thursday welcomed and assured all support from his government for holding the first regional conference of World Islamic Economic Forum (WIEF), the economic face of the Organisation of Islamic Conference (OIC), in the city on...
The main principle of the present caretaker government is to ensure transparency and accountability at all levels of the administration. Adviser for Law, Justice and Parliamentary Affairs, and Information Mainul Hosein made the observation while speaking as the chief guest...
Detained Barisal City Corporation (BCC) mayor Thursday sent his wealth statement to the Anti-corruption Commission (ACC) via the prison authorities disclosing that among his wealth he and his wife have six apartments and three plots in the capital's posh areas,...
A work on a donor-aided project in the city underscored the need for an effective and accountable local government for ensuring sustainable governance system and inclusive growth in Bangladesh, now that the country is passing through sweeping changes.Adviser for Local...
Detained former minister for Home Affairs and Awami League (AL) leader Mohammad Nasim and his wife were Thursday indicted by the makeshift special court in a graft case, reports UNB.The court fixed August 1 for commencing trial in the case.Nasim...
RAJSHAHI, July 26 (UNB): Former Bangladesh Nationalist Party (BNP) lawmaker and Rajshahi City Corporation (RCC) Mayor Mizanur Rahman Minu and 10 of his associates were charge-sheeted Thursday in an extortion case.Rajpara thana police submitted the charge-sheet to the court of...
RAJSHAHI, July 26 (bdnews24.com): As many as 200 teachers at Rajshahi University (RU) skipped classes en bloc Thursday demanding freedom of detained Awami League (AL) President Sheikh Hasina. The teachers applied for leave to the chairmen of the departments Wednesday...
London Metropolitan University, the largest university in the British capital, has announced Muhammad Shahidullah scholarship for outstanding Bangladeshi students, reports BSS.The scholarship, introduced in recognition of the renowned Bengali linguist and educationist, is designed to offer financial support for an...
DU CorrespondentBangladesh University of Engineering and Technology (BUET) will celebrate its 60 years of engineering education in Bangladesh tomorrow (Saturday).The authorities of the university have chalked out a six-month programme to commemorate the historical occasion in a befitting manner.BUET former...
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