A new nationalist political party styled Bangladesh Democratic Party is set to break into the political landscape in July amid widespread speculations that the military-backed government is floating a political platform, reports bdnews24.com. Several leaders involved with the policy formulation...
FE Report Bangladesh signed Saturday an agreement with the World Bank (WB) on the development support credit-IV (DSC-IV) worth US$200 million to bolster its reform efforts in the areas of macroeconomic stability, trade liberalisation, and better functioning of financial and...
FE ReportThe National Task Force (NTF) on Serious Crime will move for legal action against key political party leaders after completing thorough investigation including their bank accounts."We will scrutinise sources of the funds, income tax return statements and other documents...
FE ReportDubbing the caretaker authority's market intervention mechanism as "temporary solution," the Centre for Policy Dialogue said Saturday the deployment of paramilitary BDR in stabilising the prices of essentials would not grind out any tangible results in the long term."We...
Jasim Uddin Haroon The turnaround time of vessels at Chittagong port made an impressive reduction averaging 3.6 days in May. It was 4.84 days in April, 8.74 days in March, 8.69 in February, and 11.65 days in January this year.The...
M Azizur RahmanSmall investors, non-resident Bangladeshis (NRBs) and the mutual funds will have specific quotas in shares of the potential corporate business houses planning to go public through the proposed book-building system. "The book-building method must have allocation of shares...
Fiona Harvey from London, Hugh Williamson from Berlin and George Parker from Brussels Germany and the European Commission reacted angrily to President George W. Bush's apparent change of heart on climate change late last week, setting the stage for a...
FE ReportThe council of advisers at its weekly meeting approved Saturday a proposal on signing a memorandum of understanding (MoU) by Bangladesh Standards and Testing Institution (BSTI) with the Bureau of Indian Standards (BIS) to boost Bangladesh's exports to India.The...
FE Report Scanwell Logistics Bangladesh, a Hong Kong based company, plans to embark upon charitable activities in selected remote villages in Bangladesh, especially in upgrading sanitation. To begin with charitable activities and as part of its social responsibility the company...
San Francisco Circuit Court was learnt to have considered a rehearing of the asylum case of Bangabandhu's condemned killer AKM Mohiuddin Ahmed next Tuesday, reports UNB.Earlier in mid-March, the 9th Circuit Court had declared him fugitive and rejected his petition...
Dr Kamal Hossain has said he will provide all cooperation for the formation of a platform for healthy politics. Politicians against whom allegations of corruption have been raised in the past should own up their mistakes and retire from politics....
FE Report The import of 120,000 tonnes of high speed diesel from neighbouring India might be delayed as the Bangladesh Petroleum Corporation (BPC) is yet to complete the customs formalities.The BPC is awaiting clearance from the National Board of Revenue...
JAIPUR, June 2 (BBC): At least five more people have died in violent clashes between two tribal groups in India's Rajasthan state. Police say 17 people have also been injured as members of the nomadic Gujjar tribe fought pitched battles...
Local car dealers, politicians and members of the civil society want an end to the discriminatory policy in importing the reconditioned cars to ensure adequate transportation for the masses, reports bdnews24.com. Speakers pressed the demand at a roundtable titled "Reconditioned...
Awami League General Secretary Abdul Jalil and former state minister for home of the immediate-past BNP-led government Lutfozzaman Babar and business- tycoon-turned ex-MP MA Hashem of BNP may be produced in the CMM court today (Sunday) as a four-day remand...
Mirpur police Saturday recovered the body of an unidentified woman from an under-construction building in Harirampur Ananda Nagar area of the city. — bdnews24.com
The World Bank (WB) has underscored the need for credible prosecutions of the several big fishes to enhance the acceptability of the Anti-Corruption Commission (ACC) to public."Focusing on credible prosecutions of several big fishes, rather than casting the net too...
FE ReportThe National Task Force (NTF) on Serious Crime will move for legal action against key political party leaders after completing thorough investigation including their bank accounts."We will scrutinise sources of the funds, income tax return statements and other documents...
Awami League General Secretary Abdul Jalil and former state minister for home of the immediate-past BNP-led government Lutfozzaman Babar and business- tycoon-turned ex-MP MA Hashem of BNP may be produced in the CMM court today (Sunday) as a four-day remand...
Mirpur police Saturday recovered the body of an unidentified woman from an under-construction building in Harirampur Ananda Nagar area of the city. — bdnews24.com
Jasim Uddin Haroon The turnaround time of vessels at Chittagong port made an impressive reduction averaging 3.6 days in May. It was 4.84 days in April, 8.74 days in March, 8.69 in February, and 11.65 days in January this year.The...
FE Report The Bangladesh Bank (BB) Governor Salehuddin Ahmed Wednesday laid emphasis on proper coordination between monetary, fiscal and trade policies to help curb rising inflationary pressure on the economy. Ahmed also felt the need for following multiple heterodox measures,...
FE ReportChief of Army Staff Moeen U Ahmed Wednesday said the age-old administrative system, devoid of IT facilities, now needs thorough overhauling to ensure the economic well-being of the people.He made the observation in a meeting with a group of...
Shahiduzzaman KhanThe government has decided to turn the Biman Bangladesh Airlines into a public limited company to 'help ensure its viable commercial operation'. The decision will, however, allow the state-owned losing entity to halve its 6000-strong manpower by the end...
Jasim Uddin Haroon The cost of external trade has fallen sharply due to decrease in the container freight costs charged by the feeder vessels plying to and from Chittagong port.Feeder vessels connect Chittagong port with Singapore, Colombo and two ports...
M Azizur RahmanThe caretaker government, encouraged by the development partners' funding commitment and private sector's investment potentials, is considering a plan to generate around 6,000 megawatt (MW) of additional electricity by next five years (2007-2012) Sources said, a total of...
E ReportThe Planning Commission (PC) will sit tomorrow (Friday) to finalise the Annual Development Programme (ADP) for the next fiscal year of 2007-08.The vice-chairman of the PC, Finance and Planning Adviser Mirza Azizul Islam, will preside over the meeting.After finalisation...
FE Report The World Bank has agreed to offer US$ 100 million as budgetary support credit to the government next month, enabling the country to pursue its reform agenda in secondary education.The loan, known as the Education Sector Development Support...
Krishna Guha FT Syndication ServiceWASHINGTON: The six most senior remaining managers of the World Bank last Monday assumed day-to-day control of the bank in a bid to fill the void created by the looming departure of bank president Paul Wolfowitz.Mr...
A special project has been taken for revival of the endangered natural breeding ground of fishes in the Halda river in Chittagong, which was once famous as Asia's largest fish sanctuary, reports UNB.Under the multifaceted plan for rebuilding the sanctuary...
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