Shakhawat HossainbrThe finance ministry Wednesday asked the state-owned Bangladesh Petroleum Corporation (BPC) to reassess its losses in the wake of a sharp fall in oil price in the international market, officials said.brThe directive was given after the ministry has said...
S M JahangirbrThe concerned government agencies and autonomous bodies, especially those heavily burdened with official debts, are under serious pressure from the authorities concerned to settle their dues, official sources said.brThe finance ministry has again asked all the agencies concerned...
FE ReportbrDhaka stocks fell Wednesday on price correction after gaining nine straight sessions, with persistent low turnover.brBeginning on a downbeat mood from the very outset of the trade, the Dhaka Stock Exchange (DSE) finished same as the investors sold their...
ISLAMABAD, Sept 3(Internet) Yousuf Raza Gillani, the Pakistani Prime Minister, escaped an apparent assassination attempt today when shots were fired at his motorcade as it headed towards Islamabad airport to pick him up. brA spokesman for Mr Gillani, who heads...
Professor Dr Mohammad Moniruzzaman, renowned litterateur, poet and lyricist and former teacher of the Department of Bangla of Dhaka University, died of old-age complications at a hospital at Uttara in the city Wednesday evening. He was 72. A versatile genius,...
The government has fixed the minimum export price of maize at $600 per tonne. The price, fixed as per Import and Export Control Act 1950, will remain effective until further circular, said a handout Wednesday. — UNB
Asian Development Bank (ADB) will provide $14.6 million loan to help start design work of Padma Bridge this month. The newly-appointed ADB Country Director Paul J Heytens disclosed it when he called on Communication and Housing and Public Work Adviser...
FHM Humayan KabirbrPetrobangla will not be able to boost supply of gas to the gas-starved inoperative or partly operative power units during the month of Ramadan, which might cause further load-shedding, an official said.brThe sate-owned oil, gas and mineral corporation...
Siddique Islam brThe flow of inward remittances fell by 10.69 per cent in August over the previous month, as fallout of labour unrest in two Middle eastern countries compelled a good number of Bangladeshi workers to return home. brThe remittances...
Commerce Adviser Dr Hossain Zillur Rahman said Wednesday negotiations could be held on logical demands of the ready-made garment (RMG) workers, but any anarchy in this sector would be quelled with a strong hand, reports UNB.brCalling upon all to discharge...
FE Report brASM Chemical Industries Limited, the country's largest chemical plant, has started trial operation last week, company officials said.brThe plant will go into commercial operation at the end of October.brThe chemical plant will produce a number of import-substitute products...
The flood situation deteriorated in some parts of the country with rise of water level in different rivers but eased in the north and north-eastern region Wednesday, reports UNB.brIn Bogra, a portion of a flood protection embankment was washed away...
FE ReportbrThe government has been forced to take a costly aid from the United Nations Development Programme (UNDP) which is charging seven per cent service fee for procuring translucent ballot boxes, officials said.brThe UNDP is giving US$6.16 million fund to...
TOKYO, Sep 3 (Agencies) The dollar soared to an 11-month high against a basket of major currencies on Wednesday as more investors rushed to dump currencies like the euro and Australian dollar on a souring global economic outlook. brThe dollar...
Eleven corrupt individuals have deposited over Tk 56.9 million with the public exchequer to buy pardon from the Truth and Accountability Commission (TAC) for committing corruption in their respective realms, reports UNB.brUntil Tuesday, we've already given preliminary verdict to 11...
Foreign Adviser Iftekhar Ahmed Chowdhury met Wednesday Kuwait's deputy prime minister and apprised him of the plight of Bangladeshi workers in his country, reports bdnews24.com. brDPM Sheikh Sabah Al Salem Al Sabah assured Iftekhar the Kuwaiti government would take stern...
Jute and textile mill workers, protesting frequent power cuts in their factories, attacked the Chouala office of Narsingdi Palli Bidyut Samity-2 Wednesday morning and set ablaze its 12 vehicles, reports UNB for Narsingdi.brWitnesses said nearly 500 workers attacked the power...
THE government, according to a report, is actively considering the withdrawal of the pre-shipment inspection (PSI) system for imports by 2010. The system was first introduced in Bangladesh in 1992 and made mandatory in 2000. This was done at the...
Syed Fattahul Alim brhe concern over climate change is global. The scientific community has been consistently trying to impress upon the governments of the developed nations to take damage limitation measures to save humanity from the impending catastrophe. But as...
SUCCESSIVE governments in Bangladesh set up commissions and committees to address special issues and needs. Many committees were appointed in last thirty-five years. These bodies produced as many reports, with recommendations. Positive and qualitative changes in governance could take place...
THE ambitious project, the government launched to improve the city's traffic system initially made many happy. At the moment, no other project is as pressing as the need to improve the city's irritating traffic. The jams take a heavy toll...
FOR holding free and fair elections, the interim government is expected to facilitate political reforms so that the country can gain out of the exercises. People are interested that dedicated, clean and competent persons who can be entrusted with good...
Andrew Bacevich brTo appreciate the full extent of the military crisis into which the United States has been plunged requires understanding what the Iraq War and, to a lesser extent, the Afghan War have to teach. These two conflicts, along...
Ann Jones brBorn in Afghanistan but raised in the United States, like many in the worldwide Afghan Diaspora, Manizha Naderi is devoted to helping her homeland. For years she worked with Women for Afghan Women, a New York based organization...
PARIS, Sept 2 (Internet) The Organisation for Economic Cooperation and Development (OECD) Tuesday increased its forecast for growth in the US economy this year but slashed its predictions for Japan and the Eurozone.brThe OECD, the Paris-based grouping of 30 developed...
TOKYO, Sept 2 (AFP) Asia's largest economy was left rudderless again today after Japan's prime minister quit suddenly, sparking concerns that free-market reforms will be put on a backburner as a recession looms. brThere was a weary sense of deja...
SAO PAULO, (Internet) Brazil and Britain are determined to grow their bilateral trade and are also committed to seeing failed world trade talks revived, ministers from both countries said in Sao Paulo Monday.brBritain and Brazil can do more trade together...
NEW DELHI, Sept 2 (AFP) India has appointed a new central bank chief to replace Yaga Venugopal Reddy, who retires later this week with Asia's third-largest economy battling high inflation. brFinance Secretary Duvvuri Subbarao will succeed Reddy as governor of...
SYDNEY, Sept 2 (AFP) Australia's central bank cut official interest rates Tuesday for the first time in six-and-a-half years by 0.25 of a percentage point to 7.0 per cent as the economy slows. brAt its meeting today the board decided...
SINGAPORE, Sept 2 (AFP) World oil traded sharply lower in Asia today, with the New York contract below 109 dollars from its US close Friday after Hurricane Gustav apparently spared key oil facilities, dealers said. brIn mid-afternoon trade, New York's...
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