NEW YORK (Washington), Oct 4 (Reuters): The US Congress has finally approved a $700 billion bailout package for US banks as efforts to head off a spreading global financial crisis hung in the balance. The House of Representatives approved the...
Mushir AhmedBangladesh made a big impact in the world's biggest shipbuilding fair in Hamburg, bagging export orders worth US$250 million and carving a niche among the nations of ship manufacturers, officials said Saturday.The country's pioneering shipbuilders, Ananda Shipyards and Slipways...
Chief Adviser (CA) Fakhruddin Ahmed has said his caretaker government (CG) wants to continue with the state of emergency until general election as they think emergency will help control the old tricks of money and muscle power during the polls,...
You are willing to pay an estimated extra Tk 3.50 billion (350 crore) and wait another year, rather than get the job done cheaper and faster.That's how the bureaucratic machine in Bangladesh works -- with such a show of red...
FE Report Economic growth of Bangladesh is projected to increase to around 7.0 per cent over the medium term, mainly driven by improvements in agriculture and expansion in domestic services and construction, supported by strong regional growth momentum, according to...
London-based Economic Intelligence Unit (EIU) said the caretaker government and the Election Commission (EC) needed to overcome a number of obstacles in the weeks ahead to ensure that the forthcoming parliamentary polls were free, fair and credible, reports UNB.The EIU...
The holy Eid-ul-Fitr, one of the biggest Islamic festivals, was celebrated across the country Thursday amid due religious fervour and festivity, marking the end of month-long fasting, reports UNB.Devotees said their Eid prayer and then embraced one another to demonstrate...
Doulot Akter Mala The government is planning to offer 5.0 per cent tax exemption on a part of corporate incomes to be spent on discharging corporate social responsibility (CSR).A draft report, prepared by the National Board of Revenue (NBR), has...
Dhaka Power Distribution Company Ltd (DPDC), Dhaka Electric Supply Company Ltd (DESCO) and other power distribution companies are going to urge the Bangladesh Energy Regulatory Commission (BERC) to raise power tariff at the retail-level to cope with the increased tariff...
Foreign Adviser Iftekhar Ahmed Chowdhury has expressed deep shock at the deaths of three Bangladeshi workers in a tragic fire from electric short circuit at a sofa-making factory in Riyadh, the capital of Saudi Arabia on Sept 29. The three...
Awami League (AL) presidium members Amir Hossain Amu and Suranjit Sengupta left Dhaka Saturday for London at the invitation of British Foreign and Commonwealth Office and European Union. They will hold meeting with British Minister for Asia and Bangladesh Lord...
FE Report The current financial market meltdown being witnessed in the United States and other advanced economies will possibly lead to longer and deeper economic downturns in some of these countries, according to new IMF research."Economies like the United States,...
Naim-Ul-KarimThe country's total export earnings from ready-made garment items, textile fabrics, terry towels and home textiles exceeded $1.24 billion in July this year, an all-time high monthly record. Of the total, knitwear and woven garments together accounted for earnings over...
Alan Beattie Debating with Al Gore in the presidential election eight years ago, George W. Bush defined a new, humbler attitude towards the rest of the world. "I'm not so sure the role of the United States is to go...
BNP is all for joining in general elections in December, but under the right climate to ensure free and fair polls, the party's secretary general Khandakar Delwar Hossain said Saturday, reports bdnews24.com. Speaking to reporters at his residence, Delwar said...
S M JahangirThe latest hike in the bulk electricity tariff will help the state-run Bangladesh Power Development Board (BPDB) reduce its overall operating losses by around Tk 4.80 billion annually, official sources said.The Bangladesh Energy Regulatory Commission (BERC) has raised...
Durga Puja, the largest religious festival for Hindus in Bangladesh, begins Sunday as Eid-ul-Fitr celebrations, the major religious event for Muslims, concluded, reports bdnews24.com. The five-day festivities are formally launched with 'Devi Bodhon', when the goddess Durga, wife of Shiva,...
FE Report At least eight people were killed in separate incidents in the city during the Eid holidays that began September 30. Of them, a housewife was beaten to death Saturday allegedly by her in-laws at Malitola. Police said they...
DHAKA city has already turned into a city of traffic jam. From morning to midnight, the city streets remain clogged. The posh residential area of Gulshan has also become a busy commercial hub of the city.Gulshan is gradually losing its...
The only passport to your satisfaction as a roving and probing traveller inside America is money in cash. You have to dispense money to buy a ticket to journey, to enter a place of interest, to get a drink from...
Mahammad Abdul Baten and Rashedul Tusher"Power shortage" and resultant threatened "energy security" probably the foremost challenge to the present and even to the future policy makers after political upheaval. Now and recent past, in some parts of Bangladesh, people have...
TOKYO, Sept 29 (AFP): The cabinet of Japan's new Prime Minister Taro Aso Monday approved a 17-billion-dollar emergency budget to stimulate Asia's largest economy, which contracted in the last quarter, officials said. The plan includes measures to help consumers, companies...
TBILISI, Sept 29 (AFP): The European Union on Wednesday launches a monitoring mission in Georgia intended to reduce tensions after an August war and oversee a Russian troop pull-back in this former Soviet Caucasus state. The mission comprising at least...
TRIPOLI, Lebanon, Sept 29 (AFP): Four people were killed on Monday in a car bomb blast targeting a military bus on the outskirts of the restive northern Lebanese port city of Tripoli, security and military officials said.The attack risks further...
DETROIT, Michigan, Sept 29 (AFP): White House hopeful Barack Obama was to take his campaign to the American West Monday after accusing his Republican rival John McCain of "Katrina-like" bungling over the US financial crisis.The Democratic nominee was to meet...
ISLAMABAD, Sept 29 (AFP): Pakistani forces seeking to conquer a Taliban and al-Qaida stronghold near the border with Afghanistan killed 15 insurgents in ongoing clashes, officials said Monday.There was no word of casualties on the government side. It was not...
MOGADISHU, Sept 29 (AFP): Somali Islamist insurgents attacked African Union peacekeepers and government forces in the capital Mogadishu, and at least four people were killed in the clashes, witnesses said Monday.Two civilians and a soldier died in an attack overnight...
COLOMBO, Sept 29 (AFP): Tamil Tigers have suffered heavy losses in a major Sri Lankan government push into their northern fiefdom, with the latest clashes leaving 30 rebels dead, the defence ministry said Monday. The ministry said 17 rebels were...
BEIJING/TAIPEI, Sept 29 (Reuters): A powerful typhoon headed toward the eastern Chinese coast on Monday forcing over 200,000 people to seek higher ground, state media said, after it battered Taiwan over the weekend.Typhoon Jangmi, the season's most powerful storm, was...
Former captain Khaled Mashud Pilot Monday said he retired from international cricket after falling out of favour with the selectors, reports bdnews24.com.Mashud said he had a strong desire to end his 13-year long international career by appearing for Bangladesh for...
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