Shahjalal Islami Bank Limited established ‘Anywhere Anytime’ convenience banking to serve the valued customers' through ATM (Automated Teller Machine). To establish a full automated banking operations as well as to establish the facilities to the clients using all delivery channels...
The Council of Advisers at its special meeting Wednesday approved the national budget for fiscal 2007-08 with amendments to the duty and tax measures proposed earlier, reports UNB.Chaired by Chief Adviser Dr Fakhruddin Ahmed and attended by all the Advisers...
Shahiduzzaman KhanIt's good news that the International Atomic Energy Agency (IAEA) has allowed Bangladesh to set up a nuclear reactor. An IAEA delegation, currently on a visit to Bangladesh, is having talks with the advisers and high government officials to...
Shahiduzzaman KhanIt's good news that the International Atomic Energy Agency (IAEA) has allowed Bangladesh to set up a nuclear reactor. An IAEA delegation, currently on a visit to Bangladesh, is having talks with the advisers and high government officials to...
The Election Commission (EC) Wednesday indicated its readiness to discuss the proposed reform of electoral laws with the political parties if they send their nominated representatives for the dialogue, reports UNB.Meanwhile, the EC will sit with Jatiya Party (Nilu) at...
Doulot Akter MalaThe government might withdraw the Tk 300 customs duty levied on mobile and fixed wireless telephone set, sources said.In the budget proposal, the government increased the customs duty of each mobile and wireless telephone set to Tk 500...
Liberal Democratic Party (LDP) President AQM Badruoza Chowdhury Wednesday announced a new presidium of the party dropping Oli Ahmed, former speaker Sheikh Razzak Ali and 11 others, report agencies.His action came within 24 hours of Oli's announcement that LDP President...
FE Report The Bangladesh Bank (BB) has amended the guidelines for primary dealers (PDs) allowing commission and liquidity support to activate the country's secondary bonds market, official sources said.Under the amended guidelines, each of the bank and non-bank PDs will...
FE ReportThe ministry of communications (MoC) has, allegedly, failed to carry out a government decision to increase taxes, fees and other charges on motor vehicles for the last 22 months, official sources said.Although it sounds surprising but the reality is...
Osman Gani in his wealth statement said his family owns wealth worth about Tk 50 million in addition to 300 tolas of gold ornaments, reports UNBGani, who was suspended following the recovery of huge cash and gold from his residence,...
FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will hold an extra-ordinary general meeting (EGM) today to change its rules relating to participation in its election. The biennial FBCCI election might take place August 16 next....
FE Report The government has extended moratorium on some banking activities of the Oriental Bank Limited for six more months to protect depositors' interest and facilitate restructuring of the bank.The ministry of finance issued an order in this connection Wednesday...
The Chief Metropolitan Magistrate's (CMM's) Court for Dhaka Wednesday sent former state minister Redwan Ahmed into a four-day remand. Joint forces arrested Redwan Ahmed, an LDP presidium member and former state minister for liberation war affairs, in Gulshan Tuesday on...
Government would now monitor the price situation of hilsha at all levels, from the fisherman to the retailer, to ensure reasonable price of the delicious national fish of Bangladesh. "For this, a number of groups would work countrywide. If necessary,...
LONDON, June 27: Gordon Brown became British prime minister Wednesday, promising new priorities, after Tony Blair resigned after a decade in power. Brown, the former Treasury chief, smiled broadly following a meeting at Buckingham Palace during which Queen Elizabeth II...
All zonal and regional offices of House Building Finance Corporation (HBFC) will remain open on this week's holidays on Friday and Saturday (June 29-30) for the convenience of its borrowers, updating their loan accounts. The offices will remain open from...
FE Report Dhaka is one of the fastest growing cities in the world with over 11 million people and, like many Asian countries, more than one third of the urban population in Bangladesh live in congested or slum areas. "They...
Jasim Uddin Haroon Key officials of the nationalised commercial banks (NCBs) have not received dedicated training on the revisions brought to the Uniform Customs and Practices for Documentary Credits (UCP), which is to be introduced globally from July 1.Private bank...
FE Report The country's foreign exchange reserve crossed US$5.0 billion mark Wednesday for the first time in Bangladesh's history, thanks to a robust growth in incoming remittances and increased flow of foreign aid.The foreign exchange reserve rose to $5.02 billion...
Sarwar ZahanAppointment of a dealer in every union will start from next month for distribution of fertiliser and some selected agricultural inputs.According to the Department of Agricultural Extension (DAE) sources, the government earlier decided to appoint a local inhabitant as...
Sarah Murray, FT Syndication ServiceGod and Mammon are not generally seen in each other's company, let alone in a business school classroom. But as more MBA students become interested in the potential for the private sector to foster growth in...
FE ReportThe US dollar weakened slightly against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.85 and...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) declined on profit-taking Wednesday with the fall of power and banking sectors issues amid a downward trend in turnover. The total turnover dropped to Tk 1.581 billion Wednesday. Earlier, the...
Japan under its new loan package Wednesday pledged to provide 291 million US dollars (Tk 2,000 crore) in loan assistance with nominal interest for three development projects of Bangladesh.Japanese Ambassador in Dhaka Masayuki Inoue formally apprised Chief Adviser Dr Fakhruddin...
The agitating indoor medical officers of the city's BIRDEM hospital Wednesday urged the Anti-Corruption Commission (ACC) to take account of the hospital's income, as they alleged its high-handed authorities made a lot of money, reports UNB.On the third day of...
FE ReportThe government has started preparing a long-term development roadmap styled "Bangladesh Vision Paper 2030" in order to make Bangladesh a poverty-free and middle-income nation.The General Economic Division (GED) under the Planning Commission has started working on formulation of the...
The government and business leaders of Fiji have shown keen interest in the Bangladeshi pharmaceutical products and service sectors, reports UNB from Canberra. The interest was shown when Bangladesh High Commissioner to the Fiji Islands Humayun Kabir met Fijian Health...
FE ReportBritish American Tobacco Bangladesh (BATB) recently organised the first-ever Key Account Training for Excellence (KTX) session in the country. The training was conducted for enhancing the professional and management skills of the employees of a superstore in the context...
Apprehending job loss after removal of the multi-fibre agreement the World Bank has suggested further investment in RMG sector of Bangladesh to make it more competitive, reports UNBThe apprehension of the lending agency was manifested in its report titled 'Reducing...
FE ReportBangladesh Oceangoing Ship-owners' Association (BOGSOA) elected Sayeed H Chowdhury and Md Shah Alam chairman and vice chairman respectively for a two-year term at the annual general meeting (AGM) of the company in the city recently.Sayeed H Chowdhury is the...
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