A government decision to deny subsidised urea fertiliser to tobacco farmers could result in chaos descending on the country's premier cash-crop tobacco, industry leaders say, reports bdnews24.com. "There could be larger repercussions on the industry as a whole and the...
Standard Chartered Bank CEO Osman Tarik Murad was granted bail Monday after he appeared before the Dhaka Chief Metropolitan Magistrate's court in an alleged car seizure case involving the bank, reports bdnews24.com. A warrant of arrest was issued against him...
FE Report The inter-bank call money rate remained steady Monday with injection of fresh cash into the market which witnessed huge withdrawal of fund by the retail consumers due to the ensuing Eid-ul-Fitr celebration.The central bank injected Tk 19.525 billion...
Government offices will remain open today (Tuesday), an official says, reports bdnews24.com. The government appeared undecided as offices closed Monday afternoon about whether Tuesday should be a workday prior to the Eid-ul-Fitr. "We haven't yet received any directive on declaring...
FE Report Anders Jensen, the chief of the country's leading cell phone operator Grameenphone (GP), mostly owned by the Norwegian Telenor, explained Monday the reason of decision to shorten his service tenure in Bangladesh."I am leaving a bit earlier than...
French Embassy here introduces biometry (by fingerprints) to deliver visas for Bangladeshi visa seekers from October 6, reports UNB.A release of the French Embassy Monday said this procedure already implemented around the world will help the bona fide visa holders...
Eid-ul-Fitr, the greatest religious festival of the Muslims, will be celebrated in the country tomorrow (Wednesday) or a day after, depending on the sighting of the moon. It comes after a month-long period of fasting which is meant to be...
Enayet RasulThe Bangladesh Bank (BB) has directed all commercial banks in the country to distribute agricultural loans. This has been made a mandatory requirement. Each such bank under the new regulation would have its own targeted sum to be distributed...
Mahmudul IslamThe common people in Dhaka city remain hard-pressed singularly for the rise in the costs of their living . The price rises have been relentless in recent months. In this situation of stress in their purchasing power, an additional...
What will happen of the Dhaka city during the Eid shopping spree in the next year? This year, the city has almost been at a standstill whatever the time it was, day or night. We all knew it was certain....
THE DCC is responsible for collecting rubbish, on a regular basis, from the storing bins to the dumping sites. For this purpose it maintains squads of cleaners and vehicles. But this work is not done properly. The reality is, the...
S M JahangirThe Bangladesh Energy Regulatory Commission (BERC) is considering amendments to its existing regulations to help cut licence fees on use of captive and stand-by generators by industrial operators, as sought by the country's major trade bodies.'We'll have to...
Shakhawat Hossain The central bank of Bangladesh has assured the Chief Adviser that it has sufficient tools to tackle the higher liquidity pressure arising out of falling import payments, coupled with higher exports and flow of remittance, a top official...
FE ReportFormation of special economic zones (SEZs) will pave the way for more productive use of land, labour, capital and infrastructure leading to greater investment, economic growth and social development in the country, experts said on Sunday.They agreed that SEZ...
Kayes M SohelThe Dhaka Stock Exchange (DSE) is set to revamp its automated trading system in line with its plan to expand capacity. The country's prime bourse has already undertaken a project to be implemented in phases to upgrade the...
FE Report Opening of letters of credit (LCs) for imports increased by 21.15 per cent during the first 18 days of September against the corresponding period of the previous year, officials said. "The import of food grains including rice and...
The BNP-led four-party alliance at a meeting Sunday advanced a five-point demand, including scrapping of amendments to the Representation of People's Ordinance (RPO) and lifting of emergency for holding a free and fair election, reports UNB.Three other demands are :...
BHOLA, Sept 28: At least 10 fishermen went missing as six fishing boats and trawlers capsized in the Tetulia river and the Bay amid the depression Saturday night. Local fishermen said five trawlers sank in the Bay of Bengal and...
Former vice-president of Jatiya Party's (JP) central committee Abdul Hannan and his family members were killed in a road accident in Rajshahi Sunday morning. Sixty year-old Hannan, his elder daughter Ruma (42), nine-year-old grandson Noman and driver Ayub were killed...
The tax officials of the government are less optimistic this fiscal of achieving the revenue target set by the government. So far, the response from the individual taxpayers and the holders of undisclosed but not corruption-tainted income has, unlike that...
Shamsul Huq ZahidThe 'national' committee to protect oil, gas, mineral resources, power and ports, according to newspaper reports, last Friday organized a press conference to reiterate its opposition to, what it said, leasing of offshore oil blocks to international oil...
Md AsaduzzamanEducation nowadays is no more looked at in isolation from a country's economic or developmental goals. Rather, it is recognized as the single most important factor in promoting economic growth and development through the creation of human resources. Thus,...
Did the owners take permission for opening shops on the road sides? There is no clear idea about how the trend of opening of shops in lanes, by-lanes became popular. How had this practice become free for all? Now many...
It is an open secret that a good command over English is a must to cut a brilliant figure in all sorts of examinations, whether public or private. But the method of learning or teaching English as we see in...
Muhammad Abdul MazidFOREIGN capital inflows constitute part of the world's savings. Over the past three decades world savings in proportion to world income has fallen. The decline in world savings implies that not every country can maintain its level of...
WASHINGTON, Sept 28 (Reuters): US lawmakers were set to sign off on a deal Sunday to create a 700-billion-dollar fund to buy bad debt from ailing banks in a bid to stem an escalating credit crisis that threatened to engulf...
UNITED NATIONS, Sept 28 (AFP): Japan is worried about a severe credit crunch, India wants regulations tightened while China expects the situation to get worse before it gets better-the US financial crisis has been haunting Asian leaders as they took...
DETROIT, Michigan, Sept 28 (Internet): The US Senate has approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.The loan guarantees were included in a continuing resolution that...
ROME, Sept 28 (Reuters): Italy will champion the expansion of the Group of Eight (G8) leading industrial nations to include countries such as China, India and Brazil when it assumes the G8 presidency next year, its economy minister said."We can...
NEW DELHI, Sept 28 (Internet): Indian importers are looking to China manufacturers more and more to fight rising costs, according to dual surveys released by trade publisher and trade show organiser Global Sources. The surveys, conducted in July and August,...
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