NEW YORK, June 30 (AP): Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.Half a dozen newspapers said they would slash payrolls, one said it...
JESSORE, June 30 (UNB): Over Tk 252.20 million (25.22 crore) budget for Jessore Pourashava has been announced without imposing any new tax.Chairman of the Pourashava SM Quamruzzaman Chunnu announced the budget Sunday for the fiscal 2008-09. He also placed a...
Central Insurance Company Limited (CICL) approved 10 per cent stock dividend and 1:5 rights share at par for its shareholders for the year 2007.The approval came at the 20th annual general meeting (AGM) of the company at the Officers' Club...
FE Report | 2008-07-01 00:00:00
The 11th annual general meeting (AGM) of Fidelity Assets and Securities Company Limited (FASCL) was held at the BDR Darbar Hall in the city recently.FASCL Board of Directors Chairman Abdul Matlub Ahmad presided over the meeting.Also present at the meeting...
Syed Fattahul Alim | 2008-07-01 00:00:00
A ministerial level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) among seven Bay of Bengal rim countries is scheduled to be held on July 9 in Dhaka. The issues that will occupy the...
Agriculture Advisor Dr CS Karim and Foreign Adviser Dr Iftekhar Ahmed Chowdhury came up with various theories behind the rising prices of rice despite a bumper Boro harvest as journalists caught them off-guard at the Foreign Ministry Monday, reports UNB.As...
Doulot Akter Mala | 2008-07-01 00:00:00
Mobile phone companies by going public through direct listing will be entitled to enjoy a 10 per cent rebate on their payable income tax, according to a provision incorporated in the national budget for the fiscal 2008-09.To enjoy the tax...
RANGPUR, June 30 (BSS): Experts at a farmers' gathering here today said that proper dissemination of knowledge about the latest agro-technologies and machinery to the farmers would further boost production in the agriculture sector.They also said that expanded use of...
FE Report | 2008-06-30 00:00:00
Newly created state-owned public limited company (PLC) Dhaka Power Distribution Company (DPDC) starts its journey today (Monday), while another PLC -- Bangladesh Telecom Company Ltd (BTCL) starts its journey from tomorrow.DPDC takes over entre operations right of Dhaka Electric Supply...
Fazle Rashid from New YorkANGERED by failure of the Organisation of Petroleum Exporting Countries (OPEC) to come out with a formula to end the ever expanding price of oil, which touched $142 barrel a mark last Thursday, Americans are demanding...
After a U-turn in recent politics, Awami League now advocates for other political parties to shun the culture of election boycott for the sake of attaining durable democracy, reports UNB.The former ruling party also unveiled its plan that the AL...
Jasim Uddin Haroon | 2008-06-30 00:00:00
Poor output caused by fertiliser supply constraints and a drought contributed to the sharp rise in the prices of tea, planters said.The planters said the tea production might face a severe blow this year mainly because of fertiliser scarcity in...
Brunei has sought skilled, semi-skilled and low-skilled workers from Bangladesh for its construction sector, reports UNB.The departing High Commissioner (HC) of Brunei Dato Seri Laila Jasa Haji Abdul Rahman Bin Abdul Hamid said this when he paid a farewell call...
Policymakers in emerging markets are scrabbling wildly in the anti-inflation toolbox. Some of the choices they are making will create longer-term problems.The scale of the challenge varies. Food accounts for between a quarter and a third of consumer price index...
LONDON, June 29 (AFP): Four-time champion Venus Williams was too strong for Spanish opponent Maria Jose Martinez Saturday as she moved into the last 16 at Wimbledon with a 6-1, 7-5 victory.The reigning champion and seventh seed will face Russia's...
Francis Beddington | 2008-06-30 00:00:00
The focus on high-profile conflicts in Africa, such as the ongoing election in Zimbabwe and recent events in Kenya, misses many positive developments in the continent.The number of armed conflicts has dropped dramatically, from more than 20 in 1999 to...
Marc Frank | 2008-06-30 00:00:00
FT Syndication ServiceHAVANA: At the recent metal workers' union congress in Havana little seemed to have changed since Fidel Castro, former Cuban president, became ill almost two years ago, temporarily handing power to his brother Ra
The EXIM Bank 19th National Women's Handball Competition begins today (Monday) with seven matches scheduled for the opening day at the Mirpur Shaheed Suhrawardi Indoor Stadium in the city, reports UNB.In the opening match, Rangamati DSA meets Narail DSA at...
FE Report | 2008-06-30 00:00:00
MA Awal, a founder life member of the North South University Foundation (NSUF) that has established the North South University (NSU), has been unanimously elected as the chairman of the foundation and the university for the 2008-2009 terms.The election was...
The ordeals of 32 Bangladeshi stranded workers are yet to be over as they were reportedly confined to detention centre in Kuala Lumpur till Sunday night, victims' families inter city said, reports UNB.A report from Kuala Lumpur said since Malaysian...
The Delta Life Open Squash Tournament, organised by Bangladesh Squash Racket Federation, begins today (Monday) at the Dhaka Squash court in the city, reports UNB.Delta Life Insurance Vice Chairman Dr Mohammad Rowshan Ali will formally inaugurate the meet as chief...
KATHMANDU, Jun 29 (AFP): Impoverished Nepal is set for more momentous change over the coming week as former Maoist rebels set about forming the newly republican nation's first post-royal government.The ultra-leftists' leader, Prachanda, is expected to be made prime minister,...
Dhaka Ekadosh earned a 2-1 goals victory over Siraj Smriti Sangsad in a play-off match of Metropolis Pioneer Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal stadium at Kamalapur in the city Sunday, reports UNB.Faisal scored both...
The Election Commission (EC) will finalise its decision on re-demarcation of parliamentary constituencies by the first week of next month, reports UNB.Election Commissioner M Sakhawat Hossain Sunday said that they would not take more than seven days after ending the...
FE Report | 2008-06-30 00:00:00
The interim government has relaxed the existing Public Procurement Regulations (PPR) for one year to facilitate quick import of fertilisers, aiming to cope with the growing demand for the agricultural inputs in the upcoming 'Aman' cropping season.The council of advisers...
President Professor Dr Iajuddin Ahmed returned to Bangabhaban Sunday after his treatment at the Combined Military Hospital (CMH), reports UNB.The President got admitted to the Dhaka CMH on June 23 with high viral fever. During his stay in the hospital,...
DUBAI, June 29 (Reuters): Rampant consumerism in the United Arab Emirates -- home to Dubai, the self-styled capital of conspicuous consumption -- could damage the economy and hinder the Gulf oil producer's efforts to become self-reliant, a government report said.Consumer...
M Abul Kalam Azad today formally took over the charge of Chief National Commissioner of the Bangladesh Scouts, reports BSS.The outgoing Chief National Commissioner, M Fazlur Rahman handed over the charge at a function held at the Bangladesh Scouts headquarters...
Andrew England | 2008-06-30 00:00:00
A photograph of King Abdullah, Saudi Arabia's ruler, walking through a palace in Mecca flanked by two other notables was no doubt exactly the type of image the kingdom's leaders hoped to portray. Clearly, too, it was one intended for...
Mahmuda Shaolin | 2008-06-30 00:00:00
Study loan schemes are increasingly becoming an attractive product for private commercial banks (PCBs), which are expanding their business portfolios to meet the demand of the growing number of students in private and public educational institutions.But some students found the...
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