Shakhawat Hossain The Bangladesh Bank (BB) has directed commercial banks doing foreign exchange transaction to show in their monthly statements the 'invisible receipts' from sources both inside and outside the country. The central bank asked the commercials banks to follow...
Zaidi SattarThe other day a close friend was whopping mad at National Board of Revenue (NBR) for having imposed the highest duty rate (25%) on the principal imported ingredient used in his state-of-the-art production facility that manufactures a leading brand-name...
Mushir AhmedTroubled American Insurance Group (AIG) does not have any plan to sell American Life Insurance Company (ALICO)'s operations in Bangladesh despite unveiling a string of similar moves in Asia.A senior official dispelled the speculation on Monday, amid reports that...
Jasim Uddin Haroon CHITTAGONG: Gas-starved factories in the port city of Chittagong have been forced to use expensive alternative fuels in a bid to keep their costly plants operational.The entrepreneurs said they are now using liquefied petroleum gas (LPG), furnace...
M Azizur RahmanGas production from a new well in Bangura gasfield located in Comilla commenced Monday much to the relief of gas-starved Chittagong region and other areas which would benefit from the fresh supply, officials said.The Irish oil company Tullow...
A Dhaka Court Monday issued arrest warrants against nine accused in Barapukuria coalmine corruption case, including former ministers of the immediate past BNP-led government Saifur Rahman and Ali Ahsan Mohammad Mujahid, report UNB and bdnews24.com. Dhaka metropolitan senior special judge...
Chief Adviser Fakhruddin Ahmed said Monday that his government was trying to build an environment friendly to commerce, industries and agriculture in the country, report agencies. Describing the businesspeople and industrialists the drivers of the economy, he urged them to...
The interim cabinet Monday approved in principle a second amendment to the Representation of the People (amendment) Ordinance 2008, allowing political parties to register with draft party constitutions. In this case, the party will have to submit a ratified constitution...
The Chamber Judge of the Supreme Court (SC) Monday turned down the government and Anti-Corruption Commission's (ACC) pleas, upholding the High Court (HC) orders that had granted bails to a number of bigwig corrupt suspects. The corrupt suspects are former...
Foreign Affairs Adviser Iftekhar Ahmed Chowdhury Monday said the expatriate workers had remitted to Bangladesh $6.8 billion until September against last year's total amount of $6.6 billion. He also expected that the amount of remittance would stand at $9.0 billion...
Doulot Akter MalaThe government's inaction in installing a waste treatment plant has been delaying the relocation of leather industries from the city's Hazaribagh area to the 'leather industrial estate' in Savar.The authorities have cancelled an international tender in January 2007...
LONDON, Oct 06(Agencies):Global stocks suffered sharp falls Monday, as worries about the extent of the crisis in the financial sector deepened after finance ministers failed to reach a consensus on how to react. Asian and European stock markets plunged as...
Norway's telecom giant Telenor, which has 62 per cent stake in Grameenphone, is eager to invest more in Bangladesh, the company's top official was quoted to have told the Chief Adviser Monday, reports bdnews24.com. Telenor Chairman Harald Norvik, accompanied by...
WASHINGTON, Oct 06 (MarketWatch): The Bush Administration and the Federal Reserve said Monday they are moving "with substantial force on a number of fronts" to shore up confidence in, and protect, the financial system.The aggressive posture comes as global stock...
LONDON, Oct 6(Reuters): Oil fell below $90 a barrel Monday to its lowest in eight months, pressured by expectations that the global credit crisis will bring a sharp fall in oil demand. US light crude for November delivery fell $3.85...
STOCKHOLM, Oct 6 (Agencies): Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.Two French scientists who discovered the...
The government will import 900,000 tonnes of refined petroleum from Malaysia through leapfrogging the lengthy process of floating tender and making government-level deals, reports UNB.Bangladesh Petroleum Corporation (BPC) will directly make the bulk import of fuel from the Malaysian state-owned...
FHM Humayan KabirTeletalk Bangladesh Limited, the state-owned mobile operator, has taken a major step to expand its network across the country aiming to double its subscribers' base and provide better services, officials said Monday.The cell phone company has already signed...
Naim-Ul-KarimThe country received US$701.40 million worth of remittance from expatriate Bangladeshis in September, lowest in a single month since January this year, official sources said.Quoting statistics of the Bangladesh Bank (BB), they said expatriate Bangladeshis remitted $732.90 million in August,...
Liberation War Sector Commander Maj Gen (retd) CR Dutta Sunday demanded banning of Islam as state religion for what he said was to uphold the spirit of the liberation struggle, reports UNB. At a press conference of Bangladesh Puja Udjapan...
The Press Secretary to the Chief Adviser (CA) has categorically denied some media reports about CA Fakhruddin Ahmed's telephone talk or meeting with Awami League (AL) President Sheikh Hasina in New York, reports UNB."This is absolutely wrong…He had neither talks...
The vacation bench of the High Court (HC) Sunday granted bail to former Awami League (AL) MP and Jubo League general secretary Mirza Azam in Emergency Power Rules (EPR) violation case, reports UNB.The division bench comprising justice M Anwarul Haque...
Awami League (AL) hopes that the question of complete withdrawal of the state of emergency and other smaller issues would be resolved through discussions with the caretaker government (CG) ahead of the polls, reports UNB.Acting general secretary of the party...
The Progressive Democratic Party (PDP) has asked the government to push back general elections slated for Dec 18, questioning whether 'good leadership' can arise in the country when "the two rival political forces have been rehabilitated over the last few...
A parliamentary team of the home affairs committee of United Kingdom (UK) will visit Bangladesh from October 6 to 9, reports BSS. The committee is independent from the UK Government and is a cross-party body of MPs responsible for examining...
Kalyan Party led by Maj Gen (retd) Syed Muhammad Ibrahim Sunday announced that it would field 60 candidates in parliamentary elections, reports UNB.Ibrahim expressed the hope that the electorates will boycott corrupt and terrors in the elections.
Jacob Oram, the New Zealand allrounder, has said the team's early arrival in Bangladesh will help the players get used to the humidity and the pitches. The New Zealand team arrived on September 30 in the days leading up to...
DAR ES SALAAM, Oct 5 (AFP): Hong Kong and Afghanistan both enjoyed winning starts to their World Cricket League Division Four matches here Saturday as they took steps closer to the 2011 World Cup. Hong Kong beat fellow favourites Italy...
NEW DELHI, Oct 5 (AFP): There will be no dearth of excitement in the upcoming Test series as Australian opener Matthew Hayden and his Indian counterpart Virender Sehwag gear up for an explosive start. Sparks will fly when the hard-hitting...
Board President's XI 455 (Rohit 105, Kohli 105) and 292 for 4 dec (Yuvraj 113, Jaffer 93) drew with Australians 314 (Hussey 126*, Chawla 5-89) and 127 for 2 (Ponting 58*)Ricky Ponting hit a crucial fifty and Michael Clarke made...
© 2026 - All Rights with The Financial Express
