FE Report | 2008-07-22 00:00:00
Mr Naba Gopal Banik was promoted as executive director of Bangladesh Bank (BB) Monday.Prior to the new position, he was general manager of foreign exchange policy department of BB, according to a notification.Common services department, expenditure management department and agri-...
Aftab Ul Islam | 2008-07-22 00:00:00
Introduction of Electronic Cash Register (ECR) system is one of the most important decisions made by the government of Bangladesh. This step, however, is not taking the right course here as its implementation such a large scale is a hefty...
Shamsher Chowdhury | 2008-07-22 00:00:00
CONTRARY to popular belief, religious extremism is nothing new to Bangladesh. Extreme religious forces over the years have grown in strength through patronage by successive governments following the country
GENEVA, July 21 (Agencies): Top trade officials begin a make-or-break session of world trade talks Monday, haunted by failed efforts in 2006 and 2007 and concern over whether the United States can deliver on a deal.World Bank President Robert Zoellick...
KATHMANDU, July 21 (Xinhua): The number of Nepali youths moving out for overseas jobs has more than doubled over the past five years, local newspaper The Kathmandu Post reported today.Slim domestic employment opportunities and greater access to labor destinations amid...
FE Report | 2008-07-22 00:00:00
The government has decided to offer higher underwriting commission for treasury bills and bonds for top three primary dealers (PDs) aiming to bring dynamism in the secondary securities market, officials said.The decision has been taken at a meeting of the...
Azam Reza, who had been condemned to death for killing his architect wife Joyanti Reza in 2004, Monday got his capital punishment commuted to life imprisonment, reports UNB.A division bench of the High Court, comprising Justice AKM Fazlur Rahman and...
CHITTAGONG, July 21 (UNB): A court of Additional District and Sessions' Judge-2 here Monday sentenced 10 persons, including four brothers to 10 years rigorous imprisonment (RI).The judge, however, acquitted two of the accused in the case as they died during...
BEIJING, July 21 (Xinhua): Wind power plants are attracting increasing investment in China, according to statistics from the United Nations Environment Programme (UNEP).The newly released UNEP report, Global Trends in Substantial Energy Investment 2008, shows that China's sustainable energy investment...
The 9th annual conference of the Leo Multiple District 315, Bangladesh was held in the city recently, said a press release.The largely attended conference was inaugurated by council chairperson Md. Omar Shafayat Kawsar MJF.Saiful Islam of Leo Club of Dhaka...
FE Report | 2008-07-22 00:00:00
Dhaka stocks continued to fall for the sixth session in a row Monday with the turnover crossing Tk 4.0 billion-mark after a gap of six weeks, thanks to the huge trading in shares of UCBL, Beximco Pharma and Square Pharma.Trading...
FE Report | 2008-07-22 00:00:00
Sanofi-aventis has signed a three year agreement with the Division of Allergy and Clinical Immunology (ACI) of The Johns Hopkins University School of Medicine, Baltimore, Maryland in the USA recently.Under the terms of this agreement, the partners will jointly work...
JERUSALEM, July 21 (AFP) : Prime Minister Gordon Brown warned Iran Monday it must freeze sensitive nuclear work or face more sanctions, in the first address by a British premier to the Israeli parliament.Brown also attacked Iranian President Mahmoud Ahmadinejad's...
TOKYO, July 21 (AFP): Japanese Prime Minister Yasuo Fukuda is considering a cabinet reshuffle in a bid to reverse his dwindling public support, a report said Monday.Fukuda, who has been on holiday since Wednesday, will make a final decision of...
Muhammad Ali | 2008-07-22 00:00:00
The government has increased fuel oil prices by a margin of 33.85 to 37.5 per cent with effect from July 1, 2008. The price of most used oils -- diesel and kerosene -- increased to Tk 55 per litre from...
IT is one thing if the persons behaving oddly (even criminally depending how you look at it) on the streets with respect to traffic rules is a peasant just arrived from the village. But, if those people are city dwellers...
Mr Golam Mainuddin has been appointed the chairman of British American Tobacco Bangladesh Company Limited (BATB Bangladesh) effective from August 3, 2008, said a press release.After a successful career spanning 26 years in BAT Bangladesh, Mr Mainuddin will retire from...
S M Jahangir | 2008-07-22 00:00:00
The government is to require almost doubling the allocation of subsidy for the Power Development Board (PDB) to facilitate the latter's payment of electricity bills owed to private rental power units, sources said.The state-run power entity PDB has sought Tk...
FE Report | 2008-07-22 00:00:00
BRAC Bank Limited and Bank Asia Limited will use El Dorado remittance and payment system for inter-bank money transfer between them.An agreement in this connection was signed between the banks in the city recently.BRAC Bank Managing Director-cum-CEO AEA Muhaimen and...
FE Report | 2008-07-22 00:00:00
Islami Bank Bangladesh Limited (IBBL) has launched seven attractive saving products to create inspiration among clients of the bank.The products are Mudaraba Hajj Savings Account, Mudaraba Saving Bond, Mudaraba Special Savings (Pension) Account, Mudaraba Monthly Profit Deposit Account, Mudaraba Muhor...
The country needs to put its own ideas in developing the new international standard for corporate social responsibility (CSR), known as ISO-26000, which would be implemented from 2010 across the globe.Speakers made the observation at a consultation meeting jointly organised...
GUANGZHOU, China, July 21 (AFP): Chelsea Monday denied tabling a sensational world-record offer for AC Milan's Kaka as the transfer rumour mill went into overdrive at the start of their Asian tour.Chief executive Peter Kenyon dismissed reports of a 150...
Doulot Akter Mala | 2008-07-22 00:00:00
Automated business establishments will not be required to instal electronic cash registers (ECRs) if they incorporate some specific soft wares into their systems to protect the actual sales data.The National Board of Revenue (NBR) is expected to issue a statutory...
Naim-Ul-Karim | 2008-07-22 00:00:00
Singapore is considering abandoning its plan to import sand from the country, as the Bangladesh government has not yet responded to its proposition for importing the construction material, said an official Monday.Moreover, the official said, the Singapore government has asked...
Dr M Mufakharul Islam, a retired professor of history of Dhaka University joined the National University as its Vice-chancellor Thursday.Born in Jamalpur, Professor Islam did his masters from Dhaka University in 1963 and Ph.D. from the School of Oriental and...
Chief Adviser (CA) Dr Fakhruddin Ahmed Monday said the time is not yet ripe for fully lifting the state of emergency, as some reasons still stand that "justify its enforcement," reports UNB from Sylhet."We want to proceed towards complete withdrawal...
Our Correspondent | 2008-07-22 00:00:00
JAIPURHAT, July 21: A daylong money laundering prevention workshop was held in Sadar Upzilla in Jaypurhat district Saturday. The Janata Bank of Jaipurhat organised the workshop.Mohammad Kamruchsama, Janata Bank Deputy General Manager from the head office inaugurated the workshop.Janata Bank...
Chief Election Commissioner (CEC) ATM Shamsul Huda Monday voiced deep frustration over the upcoming city corporation and municipality polls, as there is a lack of quality candidates in the election race, reports UNB."Overall, the Election Commission (EC) is a little...
SHANNON, July 21 (AFP): Iran has two weeks to respond seriously to an international offer to halt its sensitive nuclear work or face further "punitive measures," US Secretary of State Condoleezza Rice warned.A meeting in Geneva Saturday sent a "very...
COLOMBO, July 21(AFP): Spin bowlers will be centre of attention during the Test series between India and Sri Lanka starting here Wednesday as three stars with a combined tally of more than 1,600 wickets do battle.Sri Lankan off-spinner Muttiah Muralitharan...
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