FE ReportbrCountry's leading agro-processing company, Pran Group, is planning to expand its plants and enhance capacity as the International Finance Corporation (IFC) has confirmed a loan worth US$ 15 million (1.5 crore) to the group.br'We'll go for a massive expansion...
Finance and Planning Adviser AB Mirza Md Azizul Islam left Dhaka for Akra, the capital of Ghana, Monday to attend a third high level forum meeting. Later, the finance adviser will also attend the Climate Change Conference in London where...
The Truth and Accountability Commission (TAC) Monday started hearing on four cases of corruption at its Hare Road office. Hearing of seven persons in four cases took place on Monday. Of the seven three are couples. Two couples were heard...
FE ReportbrThe state-run Trading Corporation of Bangladesh (TCB) launches the sale of some selective commodities including soybean oil, onion and sugar from today (Tuesday) in order to help the consumers of middle and lower middle income group purchase their requirements...
Syed Ishtiaque Reza brDhaka Customs House finally issued provisional licences to major multinational freight forwarding companies on Sunday.brThe licences were given following a meeting at the National Board of Revenue (NBR) between a group of representatives of Foreign Investors Chamber...
FE Report brCommerce adviser Hossain Zillur said Monday the country's export to Turkey will reach US$1.0 billion in near future as Istanbul has shown keen interest to boost trade and commerce with Dhaka.brTurkey is highly interested to boost trade with...
FE ReportbrThe leading business leaders hailed the government decision to open up the country's power sector for private investments to expedite development of this ailing sector. brThey said extensive private sector involvement in electricity generation would ensure uninterrupted power supply...
From Fazle RashidbrNEW YORK, Sep 1 The Hurricane Gustav which is likely to hit American Gulf Coast sometime today has upset the plans of the Republican Party whose national convention was set to begin today. The party has been forced...
FE ReportbrReconditioned car importers have urged the government to raise the depreciation rates of the imported vehicles to check tax evasion and make car for the middle-class people affordable.brDepreciation rate for the four-year old reconditioned imported vehicles was 30 per...
S M JahangirbrA jute sector taskforce has placed its report before the Chief Adviser's Office (CAO), making recommendations that includes diversification of product base, enhancement of policy support for infrastructure and related areas for the revival of the country's ailing...
The caretaker government launched a redesigned traffic network in the capital by reducing the 138 crisscrossing city routes to 40 for running buses and minibuses under collective management, reports UNB. brDhaka Metropolitan Police (DMP) Commissioner and Chairman of the Metro...
The government in a statement announced Monday the set up of the National Human Rights Commission with an office established in the capital's Hare Road, reports bdnews24.com.brMembers of the Commission have yet to be appointed though almost eight months have...
Naim-Ul-KarimbrThe Bangladesh Energy Regulatory Commission (BERC) has deferred the date of public hearing on the proposal of Petrobangla seeking permission to enhance prices of natural gas, a top official of the Commission said Monday.brHe said the Commission has set a...
Floodwater that has risen in 16 out of 17 districts may climb slightly higher over the next couple of days, but the overall flood situation in the country is not expected to assume dire proportions, the Flood Forecasting and Warning...
TOKYO, SEP 1 (AP) Japan's unpopular prime minister, Yasuo Fukuda, announced his resignation Monday after less than a year in office. Fukuda, in a hastily arranged news conference Monday evening, said he was stepping down to avoid a political vacuum...
CAPITAL is the crucial factor to launch any enterprise big or small. In Bangladesh, labour is abundant, but capital is in short supply. The institutional sources of fund including the banks have the supply of capital at a comfortable level....
Enamul HaquebrIN 1989, all the political parties in varying degrees were united in a struggle against the autocratic rule of Gen. H M Ershad. At the peak of the movement that year, they signed an all-party declaration. The declaration pledged...
Syed Ashraful Hasan brGREATER remittance can boost the country's foreign exchange reserve as well as its import operations and support development projects. The remittances would support the families of the overseas workers to come out of poverty faster.brIt is estimated...
SOME educational institutions face harsh criticism for their failure to provide quality education. But the contribution of some educational institutions, colleges and universities to creating skilled manpower for the country cannot be ignored. Some specialised technical institutions enjoy a reputation...
CIGARETTE prices, in many countries, have been increased to make it unaffordable. They strictly maintain and expand the no-smoking zones to ensure a healthy environment for people. These steps encourage people to discard smoking. brIn our country, the government had...
I have graduated from Bangladesh University of Engineering and Technology. Due to corruption in recruitments I wanted to go to the USA. I got scholarship in the year 2008. But by this time a new government came to power. People...
Ahmed Khaled RashidbrTHE curtain fell on the Beijing Olympics 2008 on August 24 last. By and large, the biggest sporting spectacle is acclaimed to be an immense success. Despite the many doubts about timely preparations, adequacy of the sporting venues...
Ahmad Hafiz KhanbrTHE Ministry of Science & Information & Communication Technology (ICT) started its journey with high hopes and expectations. The whole bubble of hopes and expectations was shattered by the saga of misuse of Taka 180 million of the...
SEOUL, Sept 1 (AFP) South Korea announced today sweeping tax reforms, including income and corporate tax cuts designed to stimulate sluggish private consumption and business investment. brThe ministry of strategy and finance said the government would cut 20.7 trillion won...
RIO DE JANEIRO, Sept 1 (AFP) Officials from the Group of Twenty (G20) industrialised and developing nations wrapped up a weekend meeting here yesterday that examined the effects of slowing world economic growth and climbing inflation, participants told reporters. brWe...
MOSCOW, Sept 1 (AFP) Russia will suspend some of its agreements made during its bid to become a member of the World Trade Organisation (WTO), Interfax quoted Prime Minister Vladimir Putin as saying yesterday. brPutin said the deals covering elements...
BEIJING, Sept 1 (Xinhua) Standard Chartered Bank has called on China to ease its fiscal policy in 2009 to give a spur to its domestic economy. brThe bank said in a research report that although China's inflation stays at a...
PARIS, Sept 1 (AFP) Prime Minister Francois Fillon said today he hoped the French economy will still grow this year at about one per cent, well down on the government's target of 1.7 to 2.0 per cent. brI hope that...
KATHMANDU, Sept 1 (PTI) Nepal's Maoist-led coalition government was committed to an economic revolution in the country, Prime Minister Prachanda said today, in an attempt to ease fears of the international community anxious about the policy of the ultra-leftist former...
BANGKOK, Sept 1 (AFP) Thailand's inflation rate in August fell back from a 10-year high to 6.4 per cent mostly due to falling world oil prices, the commerce ministry said today. brInflation dropped significantly from July, when it reached another...
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