BNP standing committee member Mahbubur Rahman Sunday said that in the present context, his party should take part in both local and national polls to restore democracy in the country, reports BSS.The pro-reform BNP leader told the news agency that...
Doulot Akter Mala | 2008-07-07 00:00:00
The move by the National Board of Revenue (NBR) to install electronic cash registers (ECRs) at shops and service providers from the first day of the next calendar year (2009) to help check value added tax (VAT) evasion is facing...
Grameenphone (GP) has recently signed an agreement with Transcom Electronics to provide 'thank you' discount to all GP subscribers.Under this agreement, subscribers who have been with Grameenphone for at least 180 days will get special discount on different items from...
SEOUL, July 6 (AFP): South Korea said today it would drastically reduce the use of government vehicles from next week as part of emergency measures aimed at saving energy amid soaring oil prices.Prime Minister Han Seung-Soo said more than 15,000...
FE Report | 2008-07-07 00:00:00
Newly appointed British High Commissioner Stephen Evans on Sunday said his government wants to see progress towards the lifting of state of emergency during the parliamentary elections in Bangladesh which is scheduled for December this year."The outcome of the coming...
The United Nations' envoy to Afghanistan is to outline a new plan on spending foreign aid, amid fears that millions of dollars have been wasted, BBC reports.Kai Eide told the BBC that too much aid money was spent on salaries...
FE Report | 2008-07-07 00:00:00
SM Bakhtiar Alam has been elected new chairman of the board of directors of Islamic Finance and Investment Limited (IFIL) at the 82nd meeting of the board of the company in the city recently.Prior to his new position, he was...
BEIJING, July 6 (AFP): Zhang Jie and Ma Yue plan to be among the crush of love-struck Chinese getting married at the start of the Olympics despite a series of disasters that have cast doubt over the auspicious day.The opening...
One thing which continues to favour Bangladesh in its export trade is its comparative advantage in the production of certain products for exporting them to the world's markets. Value-addition to agricultural produces for export happen to be one such hugely...
David Oakley | 2008-07-07 00:00:00
THE emerging economies, for so long the success story of the markets, have suffered a jolt this year.Until the start of 2008, they had outperformed US and European markets amid talk that they had decoupled from the main western economies,...
JERUSALEM, July 6 (AFP): Israel Sunday reopened border crossings to the Hamas-ruled Gaza Strip after closing them Thursday after a rocket was fired from the territory in defiance of a truce that has been in effect since June 19.Israeli army...
Our Correspondent | 2008-07-07 00:00:00
CHITTAGONG, July 06: It is a difficult task to prepare a budget of a rising economy like Bangladesh by coordinating the hopes and aspirations of all.Such an observation was made by National Board of Revenue (NBR) Chairman and Secretary of...
KHULNA, July 6 (UNB): The Returning Officer here disqualified four mayoral candidates out of the 15 in race for the Khulna City Corporation (KCC) polls slated for August 4 as they were found to be loan defaulters during scrutiny Sunday.Deputy...
LONDON, July 6 (AFP): EU trade commissioner Peter Mandelson hit out again today in his battle with French President Nicolas Sarkozy over world trade talks by attacking "populist and self-serving" rhetoric on the issue.Mandelson wrote that the latest Doha round...
FE Report | 2008-07-07 00:00:00
Non-Primary Dealer (PD) banks and financial institutions will continue to participate in the primary auction of the government securities as the central bank refused to impose any restriction on their participation as requested by the Primary Dealers Association of Bangladesh...
FE Report | 2008-07-07 00:00:00
The operating profit of the country's private commercial banks (PCBs) shot up by around Tk 10.55 billion (1,055 crore) in the first six months of this calendar year, recording nearly a 50 per cent growth over that of the corresponding...
OTTAWA, Jul 6 (AFP): Prime Minister Stephen Harper on Saturday opened "Baitun nur" (House of Light, in Urdu), the country's largest Muslim mosque built in western Calgary by the Ahmadiyya Muslim community of Pakistan.The 4,500-square-meter (48,500-square-foot), 15-million dollar structure shows...
A contract for data connectivity services was signed between Prime Bank Ltd and BRAC BDMail Network Ltd (BracNet) in the city recently.Chief Executive Officer of BracNet Mohammad Abdur Rab and Deputy Managing Director of Prime Bank Ltd RQM Forkan signed...
BRUSSELS, July 6 (AFP): France faces the tough task of piloting Europe past financial market turmoil and record oil prices when it takes the helm of European economic policy this week under a cloud of controversy.French Finance Minister Christine Lagarde...
Jennifer Hughes | 2008-07-07 00:00:00
Accounting rule-makers are so steeped in theory and academia that they risk endangering the smooth functioning of the world's capital markets, according to a senior industry figure.Michael Starkie, chief accountant of BP, has attacked the competence of the International Accounting...
Dilu and Bishunath of Gulshan Club won their respective Premier Division matches of the Delta Life Open Squash Tournament by straight 3-0 sets at the Dhaka Club in the city Sunday, reports UNB.In the Premier Division, Dilu crushed Zein Omar...
LONDON, July 6 (AFP): England captain Michael Vaughan has insisted his longstanding knee problem won't prevent him from getting through all four Tests of the upcoming series with South Africa after undergoing a fresh course of injections Saturday.The team head...
Our Correspondent | 2008-07-07 00:00:00
CHITTAGONG, July 5: The primary alignment design of the Marine Drive to be constructed from Potenga to Fauzderhat involving Tk 100 billion has been prepared.A team of Japanese specialists have prepared the design with a proposal of constructing embankment-cum-4 lane...
MADRID, July 6 (AFP): Despite record crude prices, the major oil companies are struggling to access resources that are being jealously guarded by national companies with whom they are forced to establish partnerships.As paradoxical as it may seem, high oil...
Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP), the prime regional forum for rural development of 14 countries of Asia Pacific region including Bangladesh Sunday celebrated its 29th founding anniversary at its headquarters in Dhaka, reports BSS.The...
US President George W Bush has said he remains concerned about North Korea's alleged enrichment of uranium and other security issues, reports BBC.But, speaking after talks with Japanese PM Yasuo Fukuda ahead of Monday's G8 summit in Japan, he acknowledged...
HONG KONG, July 6 (AFP): Mancy Li wants to get her hands on Apple's newest version of the iPhone, but she won't bother to queue up in Hong Kong when it is released in Asia this week."I want to get...
Foreign Secretary David Miliband has said it is "imperative" there is a new government in Zimbabwe, after meeting refugees in South Africa, BBC reports.He said he would redouble efforts to ensure Robert Mugabe's regime was not seen as "a legitimate...
Letters from British royals soldat auction of servant's collectionLONDON, Jul 6: Memorabilia belonging to a former British royal servant -- including a letter from the late princess Diana after the birth of Prince William -- shattered pre-sale estimates at auction...
LONDON, July 6 (UNB): British Education Travel Association (BETA) will host the Parliamentary Reception at the Terrace of House of Commons in British Parliament, today (Monday) to mark the 6th founding anniversary of BETA.Minister for Tourism Margaret Hodge MBE will...
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