SEOUL, June 19 (AFP): Organisation for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria expressed concern today at a "protectionist mood" in the US Congress, saying it could threaten planned trade pacts with South Korea and other countries.The US and...
The government has decided to sell rice at a cheaper rate among the low-income group in the country's three regions, reports UNB.An inter-ministerial monitoring committee Thursday took the decision at a meeting held at Commerce Ministry with Commerce Ministry additional...
Awami League will sit for dialogue with the caretaker government on July 3 to discuss issues concerning parliamentary polls slated for December, marking a major breakthrough in a raucous standoff, reports UNB.The Secretary to the Chief Advisor communicated the date...
NEW DELHI, Jun 19 (AFP): India is headed for early elections due to a worsening split between the ruling Congress party and its left-wing allies over a nuclear deal with Washington, reports and officials said Thursday.A government source told AFP...
SALZBURG, June 19 (Reuters): A second string Spain side came from a goal down to beat 2004 champions Greece 2-1 in their final game in Group D at the European Championship on Wednesday.Striker Daniel Guiza headed the winner two minutes...
Doulot Akter Mala | 2008-06-20 00:00:00
The National Board of Revenue (NBR) has expressed its concern over excessive import of luxury cars and export of normal rice in violation of a government ban.A section of importers has brought in large number of cars before the announcement...
MUMBAI, Jun 19 (PTI): In controversial remarks, Shiv Sena supremo Bal Thackeray Wednesday advocated the creation of "Hindu suicide squads" to fight the scourge of "Islamic terrorism."The remarks immediately drew sharp condemnation from ally Bhartiya Janata Party which said Thackeray...
SHANGHAI, June 19 (AP): China's economy is weathering the global slowdown better than expected, the World Bank said Thursday as it raised its growth forecast for the Asian giant to 9.8 per cent from 9.4 per cent.The World Bank cited...
FE Report | 2008-06-20 00:00:00
The ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared net asset values (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 576,178,353.12 on the basis...
COMILLA, June 19 (UNB): Golam Mostafa Chowdhury, district correspondent of the daily Ittefaq, died of old age complications at a local medical centre early Thursday. He was 80.Mostafa Chowdhury has left behind his wife, two sons and host of relatives...
The Anti-Corruption Commission (ACC) is going to chargesheet former BNP ministers M Morshed Khan and Air Vice Marshal (retd) Altaf Hossain Chowdhury in separate cases filed against them for amassing illegal wealth and hiding information in their wealth statements, reports...
FE Report | 2008-06-20 00:00:00
Bangladesh Rice Research Institute (BRRI) has taken up elaborate training programmes for breeder seed production and preservation aimed at contributing to the government's initiatives to ensure the country's food security.A three-day training course was recently conducted in the GRS Division...
Islami Bank Bangladesh Limited (IBBL) opened its 196th branch Sunday at Nazumeah Hat, Kaptai Road, Hathazari, Chittagong. Divisional Commissioner of Chittagong Hossain Jamil inaugurated the branch as the chief guest, says a press release.
FE Report | 2008-06-20 00:00:00
A training course on "Performance Evaluation of Banks" organised by the training Institute of First Security Bank Limited ended in the city recently.Bangladesh Bank General Manager (off-site supervision department) Md Mofizuddin Chowdhury was present as the chief guest and distributed...
Anwarul Iqbal | 2008-06-20 00:00:00
THE daily production of power in the country is not enough to meet the effective total demand for power at around 5,000 mw. Total production of power by the government's Power Development Board (PDB) being in the neigbourhood of some...
Siddique Hayat Khan | 2008-06-20 00:00:00
THE allocation of Tk. 169.82 billion (16, 982cr) for social safety net in the proposed budget for fiscal 2008-09, which is 48 per cent higher than previous one, will provide cushion to the poor against price-hike of essentials. However, without...
Bangladesh Krishi Bank (BKB) organised a series of lecture programme titled Alokito Boktritamala. Dr Mohammad Farashuddin, a former governor of Bangladesh Bank, gave the main presentation on the first day of the lecture programme held at BKB Training Institute auditorium...
SAVAR, June 19 (UNB): Rapid Action Battalion (RAB) members arrested two people and seized fake stamps worth about Tk 0.125 million (1.25 lakh) from their possession in Savar bus stand area Wednesday night.A RAB team arrested Kuddus and Masud while...
Julie MacIntosh in New York and Neil Hume and Peter, Marsh in LondonFT Syndication ServiceRocketing prices for coking coal and iron ore, the two main components of steel, have left steelmakers shell-shocked. But the price spikes have lit a "For...
David Pilling and Chris Giles in OsakaFINANCE ministers from the world's biggest economies have disagreed about the impact of speculation on oil prices with Hank Paulson, US Treasury secretary, warning that it would be a mistake to reach for "some...
Javier Blas in London and Roel Landingin in ManilaFT Syndication ServiceThe world's second-largest exporter of rice has dashed hopes of a significant reduction in prices of the grain in the short term when Vietnam imposed a minimum export price of...
Bangladesh national cricket team leaves for Pakistan tomorrow (Saturday) to compete in the Asia Cup beginning on June 24, reports, UNB .The statistics suggests that the Asia Cup is not a happy hunting tournament for Bangladesh as they won just...
LONDON, June 19 (AFP): The world's major oil producers and consumers meet in Jeddah on Sunday to discuss record-high oil prices that are threatening the global economy amid hopes that host Saudi Arabia will increase output.The OPEC kingpin has called...
BANGKOK, June 19 (AFP): Thailand's commerce ministry has given the go-ahead for a price hike on basic consumer goods like toothpaste and powdered milk as soaring global oil prices push up costs, an official said today.Bangkok taxi drivers are also...
Abul Quasem Haider | 2008-06-20 00:00:00
A survey that was conducted in 2000 estimated the reserve of extractable gas from the 20 fields so far explored in Bangladesh at 13.8 trillion cft. From the reserve, 3.3 trillion cft has in the meantime been extracted. According to...
Special Judge's Court-9 Thursday pushed back charge framing proceedings to June 25 in a bribery case linked to the murder of Bashundhora Group director Humayun Kabir Sabbir, reports bdnews24.com.Judge Shahed Nuruddin adjourned proceedings following a request by lawyers of former...
Some 140 former MPs of Bangladesh Nationalist Party (BNP) Thursday demanded unconditional release of party's detained chairperson and ex-premier Khaleda Zia, reports UNB.In a joint statement, read out at a press briefing, they also demanded release of all ailing BNP...
AS the citizens of Bangladesh, we often feel frustrated with the disturbances that occur. Corruption, law and order, and moral degradation mainly contribute to such feelings.But we also forget to see the good things happening in our country which can...
FE Report | 2008-06-20 00:00:00
The value of a Dhaka Stock Exchange (DSE) membership rose to Tk 153.119 million, the ever highest in the history of country's stock market.Bank Asia Ltd, Premier Bank Ltd and Industrial and Infrastructure Development Finance Company Ltd offered the record...
Barcelona in talks to sign HlebBarcelona vice-president Marc Ingla has confirmed the club are in talks to sign Arsenal midfielder Alexander Hleb. The 27-year-old Belarus international has long been linked with the Spanish giants, with Inter Milan also keen. Ingla...
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