FE ReportThe total market capitalisation on the Dhaka Stock Exchange (DSE) Monday crossed $ 7.0 billion-mark with the closing of the benchmark index near 2200 points due to buoyant trading of issues under banking, insurance, power and mutual funds.Earlier the...
FE ReportThe World Bank has suggested modernisation of its economic zone regime by Bangladesh through enhanced public-private partnership, reflecting international best practices. "Bangladesh should pursue reforms that leverage the benefits of public-private partnerships, combining public sector regulation with private sector-driven...
Two sets of rules on judicial service designed to implement the 12-point directives of the Supreme Court (SC) to free the judiciary from the influence of the executive came into effect from Sunday, reports bdnews24.com. The rules are Bangladesh Judicial...
The Anti-Corruption Commission (ACC) Monday issued notices to 17 corrupt suspects, including former ministers Moudud Ahmed and Aminul Haque, directing them to submit their wealth statements within seven working days, reports UNB."The notices were issued today (Monday) asking the 17...
COX'S BAZAR, July 2: The connecting point of the high-tech undersea submarine cable came under threat near Kalatali beach just one year after the inauguration as erosion of the coast by the sea took a serious turn near the site....
Mohammad Ishtiaq of Bangladesh Army has been appointed Ambassador to Turkey, an official announcement said Monday. — UNB
FE Report The government is considering introducing unified tax identification number (UTIN) instead of the present tax identification number (TIN) and business identification number (BIN) to make the tax payment system more simplified. Chairman of the National Board of Revenue...
FE Report The Bangladesh Bank (BB) has asked eight commercial banks, which had drawing arrangements with the London-based First Solution Money Transfer Ltd., to submit latest transaction profile reports of the company immediately. "We have asked the banks to submit...
M Azizur RahmanThe cabinet committee on government purchase Monday approved proposals of five lowest bidders to set up ten small power plants (SPPs) at separate locations to generate over 200 megawatts (MW) of electricity across the country.Summit Power has obtained...
FE ReportThe World Bank has asked Bangladesh government to complete the ground works including preparation of the development project proforma (DPP) and tender documents for implementing three integrated energy and power sector projects to be financed by the global lender.The...
Naim-Ul-KarimThe imposition of 10 per cent customs duty on import of aircraft and spares in the fiscal budget 2007-08 year will affect the country's aviation sector.Sources in aviation sector said state and private owned airliners might have to increase their...
WHEN the diagnosis of a disease is rendered impossible by its conflicting symptoms finding its cure is really difficult. It may be as impossible like searching out an oasis in a large hazy desert where floating sands whipped up by...
Shamsul Huq ZahidTHE controversy centring the 15-storey BGMEA Bhaban near the Sonargaon Hotel in the capital has created, on the one hand, serious confusion among the people and opened up the Pandora's Box on the other. It was no less...
Mohammad MohsinTHE national budget for the fiscal year 2007-08 is now operational with effect from July 01, 2008. The Taka 871.37 billion budget was earlier approved by the President last Thursday. The finance adviser stated at a press conference Saturday...
Robert Reich A quiet but important debate is breaking out inside the Democratic party. It will largely determine whether the Democrats, should they win back the White House in 2008 and maintain majorities in Congress - as seems increasingly likely...
The sudden reformists of the two major political parties appear like boats drifting with tide. They also seem like jute plants that knell according the speed and direction of the winds to the ground in submission to or in a...
POTTERS in Bangladesh are highly skilled and innovative. They know how to produce a variety of pots, pitchers, toys and other items in the finest inventive styles.As we buy those for our precious drawing rooms, we never think of the...
Qazi AzadBangladesh politics is manifestly passing through a major turning point. The systemic changes in the party apparatus reportedly being contemplated by the major two political parties go much beyond the concept of the so-called 'minus two' theory- a widely...
Atia Akter AvaCOMMENTS and opinions of political leaders and politically-oriented intellectuals, as reported in newspapers and other news media, about the role of Sheikh Hasina of Awami League (AL) and that of Begum Khaleda Zia of Bangladesh Nationalist Party (BNP)in...
Amanullah KhanObsessed with smoky pleasures marketed with a veneer of sophistication and refinement by tobacco companies, an addict lights up a cigarette and the health of the smoker and of those around go up in a smoke. Ever since the...
WASHINGTON, July 1 (AFP): US President George W Bush lost his special trade power at midnight Saturday as opposition Democrats flexed their new grip on Congress and refused White House appeals to renew it. Democrats, who wrested control of Congress...
Gono-Grameen Bima Division of Delta Life Insurance Company Limited arranged a programme for distribution of maturity claim and death claim cheques to the policyholders in Rajshahi recently, said a press release. Director and Chairman of Building and Claims Committee Nurul...
DUBAI, July 1 (AFP): Hundreds of thousands of Asians, often working in pitiless heat and now facing the threat of prison, are racing against time to "get legal"-find work permits or leave the United Arab Emirates within a three-month government...
WASHINGTON, July 1 (AFP): Ten years after playing a controversial role in the Asian financial crisis, the International Monetary Fund (IMF) is now in the midst of its own identity crisis. The six-decade old institution, which lent over 38 billion...
DAMASCUS, July 1 (AFP): A dazzling new storefront here, a bare midriff there-a transition to a market-based economy is changing Syrians' way of life and, analysts say, stretching the gap between rich and poor. In 2005, at the ruling Baath...
SIGIRIYA, Sri Lanka, July 1 (AFP): Britney Spears, Paul McCartney, Sting and Paul Simon have all travelled to Sri Lanka for a big-bucks taste of tropical luxury. But an escalating war with Tamil Tiger rebels and increasingly gruesome headlines on...
LANZHOU, July 1 (Xinhua): The northwestern Chinese city of Lanzhou plans to build a "New Silk Road" exhibition park to show the development of cities along the 11,870-km route stretching from the Chinese coast to Rotterdam in the west. The...
WASHINGTON, July 1 (AFP): The United States and South Korea signed yesterday a landmark free-trade agreement, the biggest such deal for Washington in nearly 15 years, but the US Congress has indicated it may not approve the pact. US Trade...
TOKYO, July 1 (AFP): Japan's central bank could set the scene for another interest rate rise this week when it publishes a key survey expected to show solid corporate sentiment and rising investment, analysts say. The Bank of Japan's (BoJ)...
PARIS, July 1 (AFP): The entire EU energy market was thrown open to competition Sunday, allowing consumers to choose their gas and electricity suppliers and spelling an end for monopolistic state-run utilities. The liberalisation process has been resisted in some...
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