A Z M AnasThe government circular asking the non-governmental organisations (NGOs) to spend half the foreign aid on "visible" development activities has elicited guarded reaction from the development community.The lobbyists of the development industry have dubbed the decision as "queer,"...
Country's north-eastern, eastern and south-eastern parts are experiencing flash floods due to fairly active monsoon, reports UNB.Major rivers in Brahmaputra-Jamuna and Ganges-Padma basins continued to rise and are approaching danger levels at Sirajganj, Aricha, Goalundo and Bhagyakul points. The Surma...
Direct road link, border trade, repatriation of Rohingya refugees, maritime boundary, contract farming and easing of visa regime are likely to figure prominently during the Foreign Ministry consultations between Bangladesh and Myanmar in the city Monday-Tuesday, reports UNB.Myanmar Deputy Foreign...
Ferdous Ahmed Kureshi Saturday formally announced the name of the party he initiated as "Progressive Democratic Party" and said it would contest in all the 300 constituencies in next general election, reports UNB. He expressed the hope to win the...
Shakhawat Hossain Japan has selected three main sectors in Bangladesh for increased financial assistance over the next couple of years to help develop the country, official source said.The sectors that have been identified relate to areas like information and communication...
Concerned about the trial process of Sheikh Hasina arrested in an extortion case, the Awami League is forming a legal aid committee in a day or two to provide her legal assistance, reports bdnews24.com. "The leader has expressed scepticism about...
Siddique Islam Primary dealers (PDs) are facing liquidity problem for complying with the existing rules on devolvement relating to government-approved securities. If the non-PD banks and non-banking financial institutions (NBFIs) do not participate in the auctions of the government securities,...
Mure Dickie , FT Syndication ServiceBEIJING: China has responded to a surprise acceleration in growth during the second quarter and a jump in inflation by announcing it would slash its tax on bank deposit interest income and raise interest rates.The...
Pratibha Patil has won the race to become Indian president, the election commission announced Saturday, becoming the first woman to hold the post in a symbolic victory for the hundreds of millions of Indian women who contend with widespread discrimination....
Thieves took away Tk 0.5 million from a money exchange office at Janapad crossing in the city's Jatrabari area Friday night. Police said some thieves entered the office by breaking its lock at midnight and took away the money. Owner...
JHENIDAH, July 21: Three of a family were killed while another injured in a tree collapse in the town during a heavy rainfall early Saturday. Local people said Chand Ali (55), his daughters Sathi (10) and Chandni (2) died on...
CHANDPUR, July 20: At least 50 passengers were injured as eight coaches of Meghna Inter-city Express train derailed near Sharashwati station here Friday night. Railway officials said the eight coaches of the Chandpur-bound train, carrying about 500 passengers in 14...
Bangladesh Bank (BB) Governor Salehuddin Ahmed Saturday said that interest on bank loans, particularly long-term ones, would not increase as a consequence of the recently announced monetary policy, reports UNB."We are alert about this," he told a seminar, making it...
Naim-Ul-KarimThe National Board of Revenue (NBR) is facing shortage of field-level manpower, making it difficult for it to collect revenues as well as check unethical practices by international traders, sources said.A high official source of NBR said of the total...
FE ReportInstallation of new units in the existing captive power plants is likely to offer relief as the caretaker government is struggling to augment electricity supply within a shortest possible time.Sources said the government might get electricity of up to...
FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Saturday urged the government to extend time for setting up of effluent treatment plants (ETPs) at country's different industrial units.Earlier, the government gave directives to the industrials units...
Finance Adviser AB Mirza Azizul Islam Saturday asked the country's three nationalised commercial banks (NCBs) not to give in to political pressure once they were corporatised, reports bdnews24.com. He said, past political governments, with access to public money, had made...
FE Report Export of Bangladesh cement to India by riverway will commence from July 24 ushering in a new era of trade between the two neighbouring countries. The export through riverway will be executed under the Inland Water Inter-country Trade...
Squally weather may continue over ports due to deep convective clouds over the north Bay, according to a special bulletin of the Met Office, reports UNB. Maritime ports of Chittagong, Cox's Bazar and Mongla have been advised to hoist local...
Rapid Action Battallion (RAB) personnel arrested an alleged human trafficker along with four minor boys and girls from the city's Khilgaon Chowdhurypara area Friday evening. Acting on a tip-off, a team of RAB-3 raided the area around 7:45 pm and...
DU CorrespondentVery few teachers of Dhaka University (DU) wore black badges Saturday to express symbolic protest against the arrest of Awami League (AL) chief Sheikh Hasina and harassment to the top political leaders of the country.Only the teachers belonging to...
Oli Ahmed Saturday unveiled a new committee of the Liberal Democratic Party to formally split the nine-month-old party into two, reports bdnews24.com. On June 27, AQM Badruddoza Chowdhury announced a new 11-member presidium, expelling Oli, a retired colonel, former speaker...
GAZIPUR, July 21 (UNB): Workers of two factories located in the same building in the town clashed Saturday leaving one of the owners and nine workers wounded.Police and witnesses said the clash occurred over teasing of female workers of Stock...
BAGHDAD (AP): At an intersection in the Sadiyah section of the capital, near the tip of the thumb formed by a sharp bend in the Tigris River, stands a stark example of what underlies Iraq's sectarian war and why any...
WASHINGTON (AFP): After three years on Mars, NASA rovers built for a three-month mission face their toughest foe: Martian sandstorms blocking the sunlight that charges their batteries. As a result, NASA has ordered rovers Spirit and Opportunity nearly into hibernation,...
Bush has polyps removed in routine cancer test WASHINGTON (Reuters): US President George W. Bush had five polyps removed during a routine colon cancer test on Saturday, and the White House said his doctors described them as small and apparently...
Amitava BasuPEOPLE who provide finance to a company are often not in the management control of the enterprise. Though shareholders are the owners of the company, in reality companies cannot be managed by shareholder referendum. Shareholders have to necessarily delegate...
Ripan Kumar Biswas"THE seeds of poverty are in the broader vein, not in the persons while poverty is imposed on some people artificially and to change that, institutions and policies must have to be changed," said the 2006 Nobel Peace...
RECENT reports about widespread irregularities by surveyors and chainmen committed under illegal monetary influence in land survey in some areas of Jessore are disturbing. More disturbing is the statement of some higher land officials in the district that they would...
Abdul HaiTHE chief source of the government's income is revenue. Income tax occupies a sizeable portion of it. But in Bangladesh, income tax so far has not enjoyed the good position it does in the developed and many developing countries...
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