FE Report | 2008-08-04 00:00:00
Commercial Bank of Ceylon (CBC) has been awarded with a rating of AA+ (Double A plus) for long term and ST-1 for short term.Credit Rating Information and Services Ltd (CRISL) rated the CBC based on its 2007 Balance Sheet, said...
Former Army Chief Gen (retd) Mustafizur Rahman passed away at Dhaka Combined Military Hospital (CMH) early Sunday, reports UNB.Mustafizur Rahman, who was awarded the honorary title of Bir Bikram as a valiant freedom fighter, had been suffering from cancer and...
Amirul Islam | 2008-08-04 00:00:00
IT is not enough to claim that a market economy is functioning and to remain content, thinking that the competition to ensue in such a market economy among different producers of goods and providers of services would automatically translate into...
LONDON, Aug 3 (AFP): Michael Vaughan Sunday resigned as England cricket captain, saying it was both the hardest and the easiest decision he has made.His decision follows Saturday's five-wicket defeat against South Africa in the third Test at Edgbaston, which...
35 killed in India as truckfalls into riverNEW DELHI, Aug 3 : At least 35 farm workers were killed and 15 injured when a truck plunged into a small river in India's eastern Bihar state, the Press Trust of India...
COLOMBO, Aug 3 (UNB): Bangladesh welcomed the Pak-Afghan joint communiqu
Muhammad Ali | 2008-08-04 00:00:00
DEFYING the prescription of the International Monetary Fund (IMF) for adopting a contractionary monetary policy, Bangladesh Bank Governor, Dr. Salehuddin Ahmed declared half-yearly Monetary Policy pursuing existing Expansionary Monetary Policy on July 17 last. The declared Monetary Policy, among others,...
Mobile courts in separate drives realised Tk 0.219 million as fine and filed 27 cases against a number of restaurants and department stores in the city for selling essentials without BSTI certification Thursday, reports BSS.The drives were conducted in Gulshan,...
BNP secretary general Khandaker Delwar Hossain has urged party leaders and workers to enhance cooperation among themselves and maintain contact with the people to further strengthen it, reports BSS."Those played courageous role during the bad days, must be evaluated," he...
SAN JOSE, Costa Rica, Aug 3 (Reuters): The US mortgage crisis has hit Costa Rica's once booming vacation home market, with sales plummeting as Americans who dream of buying a tropical getaway struggle to find financing.US retirees and vacationers often...
FE Report | 2008-08-04 00:00:00
The country's apex trade body Sunday expressed deep concern over the deportation of Bangladeshi workers from Saudi Arabia and Kuwait.The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) apprehended that the deportation of workers might affect the inflow of...
Shamsul Huq Zahid | 2008-08-04 00:00:00
A bearded man in his late fifties clad in a lungi and a shirt was among nearly 500 Bangladeshi workers deported until last Saturday by the Kuwaiti authorities following the recent violent demonstrations by Asian workers to protest low wages...
Five players moved to the quarterfinals of men's singles event of the Dhaka Open Tennis Competition winning their respective 2nd round matches at the Ramna National Tennis Court Complex Sunday, reports UNB.In the day's matches, Amal Roy (NTC) beat Zakir...
COLOMBO, August 3 (AFP): Tensions between India and Pakistan overshadowed a South Asian summit ending in Sri Lanka Sunday, although the two nuclear-armed rivals said they would stick to their embattled peace process.In the highest level talks between the two...
Maswood Alam Khan | 2008-08-04 00:00:00
AT times, after taking a long hard look at options available when I surmise that what I am longing for is not going to see the light of day, or when I myself don't know why my heart sinks in...
EVER since the incumbent government took charge some seventeen months ago, a lot of hope was created that the country's police force would go through sweeping changes, reforms and upgradation in every sphere to make it a people-friendly and professionally...
JHENAIDAH, Aug 3 (UNB): A terrorist was killed in an encounter between police and his cohorts at village Khulumbari in Shailkopa Upazila early Sunday.The deceased was identified as Sachchu Mollah (38), a cadre of notorious 'Amal Bahini' of Pangsha Upazila...
BNP-led 4-party alliance at a meeting Sunday viewed that the government wants to make the country a vassal state by installing elements subservient to an alien power through elections according to its blueprint, reports UNB."We shall not allow it to...
SYDNEY, Aug 3 (AFP): Anglo-Australian mining giant Rio Tinto said today a concession which potentially could open a massive new iron ore field in west Africa appeared to have been rescinded.In a statement issued Friday, Rio Tinto said it received...
Against the backdrop of food and fuel insecurity and threat of both terrorism and climate change, the South Asian leaders Saturday promised effective cooperation in all potential fields to fight hunger and achieve faster economic growth to improve the lifestyle...
FE Report | 2008-08-03 00:00:00
The BARVIDA, an organisation of old car importers, Saturday hailed the government for the relaxation in the provisions for old car import.The government has increased the time of old cars to six years from four years and withdrawn the restriction...
NEW DELHI, (Internet): Despite the downturn, Indian real estate players have increased their advertising budgets, even as other advertisers are cutting ad costs. The reasons for this are manifold. "This is a result of desperate measures by most of the...
Notable for its enormous potential, WiMAX Multicast Broadcast Service (MCBCS) is emerging as the most viable technology for mobile TV, a new service that looks poised to become hugely important for the mobile industry.Great market potentialMobile Internet is now integral...
WASHINGTON, August 2 (Agencies): Seven years after anthrax-laced letters terrorized an already frightened nation, a new suspect suddenly emerged in the public eye this week. But he was gone just as quickly, committing suicide before he could be charged with...
Shakhawat Hossain | 2008-08-03 00:00:00
The central bank has recommended the law ministry to arrange 'analogous hearing' of classified loan cases involving Tk 110.52 billion of the state-owned commercial banks, official sources said Saturday.The suggestion was made Thursday last as per decision taken at a...
Chief Adviser (CA) Dr Fakhruddin Ahmed proposed adopting a clear roadmap for SAARC to fight out poverty and hunger as well as to attain accelerated economic growth to ensure socio-economic progress for some 1.5 billion people in South Asia, reports...
FE Report | 2008-08-03 00:00:00
The central bank is watching the latest development in two Middle East countries -- Kuwait and Kingdom of Saudi Arabia -- to ensure the flow of inward remittances from the countries, officials said."We are watching the overall situation in the...
CHITTAGONG, Aug 2 (BSS): Adviser for Commerce and Education Hossain Zillur Rahman here today called upon all to keep going on through a solution-centric way for a broader understanding in all spheres of national life to embark on next stage...
RANGPUR, Aug 2 (bdnews24.com): Jatiya Party (JP) chairman HM Ershad announced Friday that his party would take part in Upazila polls, in the light of a recent High Court ruling that lifted restrictions on political parties participating directly in local...
NEW DELHI, (Internet): The politicos seem to have drawn their lessons from the Kyoto Protocol, two decades earlier, when they burnt their fingers by accepting short-term goals of emission cuts by 2012.It is the economy, stupid!" The economic and political...
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