SHIMLA, June 4 (PTI): Favouring dismantling of barriers restricting trade and investment among SAARC countries, India yesterday said it is ready to open up its market without insisting on reciprocity and "proactively" address "whatever differences" with neighbours. Addressing a gathering...
FE Report The US dollar gained slightly against the Bangladesh taka (BDT) Monday in the interbank foreign exchange market. The market was active due to trading in the international market, fund managers said.The exchange rate of the dollar against the...
CHITTAGONG, June 4 (UNB): A foreign cargo ship caught fire in Chittagong port Monday morning leaving two of its crew critically injured and burning down papers, pulses and other valuables. Fire brigade sources said the blaze originated in the captain's...
SHIMLA, June 4 (PTI): Favouring dismantling of barriers restricting trade and investment among SAARC countries, India yesterday said it is ready to open up its market without insisting on reciprocity and "proactively" address "whatever differences" with neighbours. Addressing a gathering...
The Anti-Corruption Commission, which is now on a war to eliminate all-pervasive corruption, has decided to constitute an internal committee to investigate allegations of corruption against its own staff, reports UNB. "An important decision was taken today...As per the ACC...
GAZIPUR, June 4 (UNB): A case was filed against former BNP MP and Partex Group chairman MA Hashem and his four associates on charge of grabbing forest department's land. Rajendrapur western zone forest officer FM Shahidul Haque filed the case...
In the first phase of action towards freeing elections from unwanted elements, the caretaker government (CG) debarred loan or tax defaulters and fresh convicts from contesting election to the country's apex trade body, reports UNB. The Commerce Ministry, in...
FE Report State-owned Sonali Bank submitted Monday an application to the Bangladesh Bank (BB) seeking a licence to operate as a public limited company (PLC). The central bank will scrutinise all documents of Sonali Bank before issuance of the licence,...
FE Report Stock prices remained mixed on the Dhaka Stock Exchange (DSE) Monday while the turnover declined amid a losers' dominance in the day's session.The DSE General Index or DGEN and All Shares Price Index or DSI gained by 10.393...
The special judge's court trying high-profile corruption suspects fixed June 7 (Thursday) for delivering its judgment in the graft case against Giasuddin Al Mamun, reports UNB. After hearing the arguments made by both the prosecution and the defence counsel, judge...
Chief Adviser (CA) Fakhruddin Ahmed Monday said, the Caretaker Government (CG) would take steps to update the age-old Patent Act - 1911 to avail of the advantage of Bangladesh's LDC status to export medicines as per WTO-TRIPS agreement, reports UNB....
AZM Anas The United Kingdom (UK) will dispense around US$ 300 million (150 million pounds) to help strengthen Bangladesh's ability to curb corruption. A major slice of the British aid will be channelled to the finance division as sector budget...
The government will not present the national budget live, for the first time in 22 years, reports bdnews24.com. "A recorded budget speech will be broadcast and telecast over state-run radio and television on June 7," Finance Adviser AB Mirza Azizul...
The Anti-Corruption Commission (ACC) has decided to issue notices through its regional offices in Dhaka, Chittagong, Sylhet, Jessore and Bogra to 15 more corruption suspects including politicians and a number of officials of Chittagong Port Authority (CPA) for submitting their...
FE Report The point-to-point inflation recorded nine-year high at 8.28 per cent in April last, mainly due to fuel oil price-led hike in the prices of commodities, official sources said.The Bangladesh Bureau of Statistics (BBS) that released the inflation data...
The Chief Metropolitan Magistrate's Court for Dhaka sent businessman Abdul Awal Mintoo to jail Monday after his four-day remand ended, reports bdnews24.com. The same court ordered another businessman, Abur Khair Litu, into a three-day remand for questioning in a case...
M Azizur RahmanThe government is set to amend the Captive Power Policy (CPP) aiming to encourage the captive power plant owners for supplying electricity to the national grid.The move might be taken against the backdrop of poor response from power...
Chief Adviser (CA) Fakhruddin Ahmed Monday said, the Caretaker Government (CG) would take steps to update the age-old Patent Act - 1911 to avail of the advantage of Bangladesh's LDC status to export medicines as per WTO-TRIPS agreement, reports UNB.The...
The government offered Monday an opportunity to legalise undisclosed income between June 05 and July 31 next by paying 5.0 per cent in addition to normal rate of tax.However, this opportunity will not be applicable in case of income made...
Construction of the gigantic Padma bridge will start in the 2008-09 fiscal year, beginning next month, involving an estimated cost of Tk 85.88 billion. Of the total amount, donors and international development agencies will provide Tk 55.83 billion under Project...
Shakhawat Hossain The Ministry of Communication (MoC) has urged the Economic Relations Division (ERD) to obtain prior commitments from lending agencies willing to finance the construction of the proposed Padma bridge, official sources said.Without such confirmations, it is quite difficult...
Awami League leaders Abdul Jalil and Sheikh Fazlul Karim Selim were Sunday sent to jail on 30 days detention under the Special Powers Act, report agencies.The same court sent former state minister for home and BNP leader Lutfozzaman Babar...
Thirteen persons were killed and many others injured in separate incidents at different places of the country during the last two days report agencies. In Chittagong, two women died of heatstroke in the city during the last 24 hours.Meanwhile: two...
Our CorrespondentCHITTAGONG, June 03: Chittagong has a bumper production of lemon during the current season. Rich in Vitamin 'C', it is very popular with the Chittagong people.It is mainly produced in Hathazari, Chandanaish, Patiya, Boalkhali, Satkania, Banskhali, Lohagara and the...
Our CorrespondentNILPHAMARI, June 3: The age old tradition of use of cow dung as fertiliser by farmers is decreasing in the northern region. It is due to the shortage of firewood in the region that has forced local poor people...
National University Vice-chancellor Wakil Ahmed left Dhaka for Malayasia in the early hours of Sunday to attend the council meeting of the Association of Commonwealth Universities (ACU), said a press release. The meeting will be held at Penang in Malayasia....
FE ReportSummit Power Limited approved 20 per cent stock dividend for its shareholders for the year that ended on December 31 last. The dividend was approved in presence of the company's shareholders at its tenth annual general meeting (AGM) at...
BANGLADESH'S export trade presently is largely centered on one item, the readymade garments (RMG) products. Presently, 75 per cent of its exports is dominated by these products. The largest volume of these products is exported to a few countries in...
Shahiduzzaman KhanBusiness houses in South Asian region are seeking specific timeframe to remove bottlenecks that hinder trade and investment in the SAARC region. It is sad to note that whatever developments take place in the business and political forums; those...
Amy Kazmin from BangkokDEFIANT politicians from Thailand's Thai Rak Thai (Thais love Thais) party, founded by ousted prime minister Thaksin Shinawatra, said last Thursday they would seek to re-register the party so it could compete in forthcoming polls, in spite...
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