LONDON, June 19 (AFP): Finance Minister Alistair Darling warned that "times are tough" but insisted Britain would stave off the threat of recession, in a keynote speech yesterday.Chancellor of the Exchequer Darling renewed calls for pay restraint in both the...
Shares of Gyanendra's | 2008-06-20 00:00:00
daughter go to govt trustKATHMANDU, Jun 19: Soon after forcing Gyanendra to leave the Narayanhiti palace and surrender his crown, the Nepal government has moved to take away his wealth by transferring shares worth crores to a government trust. The...
From Fazle Rashid | 2008-06-20 00:00:00
NEW YORK, June 19: Iraq's oil ministry has provoked sharp international reactions by awarding no-bid contract to the US companies to revamp its shattered and war ravaged oil industry. It is a difficult terrain to work with insurgency still on...
The Institute of Internal Auditors of Bangladesh (IIAB) has formed its new Board of Governors with Raihan Shamsi, director (Financial Management) of Grameenphone Ltd, as its president.The 10-member board for 2008-09 was announced at a members' meeting of the institute...
WASHINGTON, Jun 19 (AFP): US President George W. Bush late Wednesday renewed his campaign-season attacks on Democrats who he said "still call for retreat" in Iraq despite signs ofsuccess following the US troop surge there.Even before the 30,000 additional American...
The High Court (HC) Thursday ordered the government to explain why the concerned were not being directed to take steps to ensure procurement of water from the Ganges in line with an agreement with India, reports bdnews24.com.The court also ordered...
FE Report | 2008-06-20 00:00:00
The Bangladesh Bank's (BB) control over reserve money is on the wane mainly due to government borrowings and movement of net foreign assets, a central bank study said."....both net foreign asset and government borrowing loosen the degree of controllability of...
MA Taslim | 2008-06-20 00:00:00
HAD the democratic processes in the country not been interrupted, the finance adviser of the caretaker government would not be required to present even a single budget, but on June 9 he had the privilege of presenting the second national...
TRANSPARENCY International Bangladesh (TIB), the local chapter of the Berlin-based international anti-graft watchdog, released last Wednesday the findings of its latest, 'National Household Survey 2007' on corruption in Bangladesh. The very notable thing about this TIB report is that it...
A ceasefire between Israel and Hamas in Gaza has begun, despite a last-minute flurry of cross-border attacks, reports BBC.The truce is designed to halt Israeli incursions into the Gaza Strip, and to stop missiles being fired from Gaza into southern...
FE Report | 2008-06-20 00:00:00
Warid Telecom International Ltd and Pacific Bangladesh Telecom Limited (Citycell) signed a landmark agreement to share their infrastructures Wednesday in compliance with a directive of Bangladesh Telecommunication Regulatory Commission (BTRC).This is in continuation of a recently signed Memorandum of Understanding...
FE Report | 2008-06-20 00:00:00
Benajir Ahmed, chairman and managing director of Raymond Group of Industries, has been elected chairman of Lions Past District Governors Forum (PDG Forum), of Lions Club International, Multiple Dist-315 Bangladesh, in the annual general meeting of Lions PGD Forum held...
NEWSPAPERS and TV channels have recently reported that the people residing in the hilly regions of the Chittagong Hill Tracts (CHT) and some parts of Chittagong are facing the threat of landslides during this rainy season. This is because of...
WASHINGTON, June 19 (AFP): US and South Korean officials renewed talks yesterday as part of an effort to salvage a US beef import deal that has run aground due to massive protests in Seoul.South Korean Trade Minister Kim Jong-Hoon and...
FE Report | 2008-06-20 00:00:00
BRAC Bank Limited signed a memorandum of understanding (MoU) with Jamuna Money Exchange (UK) to provide secured remittance facility from the United Kingdom to Bangladesh, said a press release.From now on, Bangladeshis who are living in the United Kingdom can...
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...
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