Akhter Zamil FCA | 2008-06-04 00:00:00
THE objective of write-up is to help remove some misunderstanding and misinterpretation of the tax law and accounting treatment that have crept into the minds of the bank officials, tax officials, auditors of the offices of the Auditor General, Bangladesh...
Catherine Belton | 2008-06-04 00:00:00
FT Syndication ServiceMOSCOW: Russia's government took its first steps late last month towards $4.0bn of tax cuts to boost investment in the oil industry, amid warnings the country's output could fall for the first time in 10 years.Vladimir Putin, the...
The BRAC Bank Junior Tennis Initiative (JTI) Programme, organised by Bangladesh Tennis Federation (BTF), begins in the city on June 14, reports UNB.The main objective of the programme is to introduce tennis among the school kids.Some 12,000 students (8-10 years)...
A Z M Anas | 2008-06-04 00:00:00
Biman will formalise the $1.26 billion deal with American aircraft-maker Boeing in the United States for the delivery of eight latest-generation commercial jets to begin in 2013, officials said Tuesday.The limping airliner has already entered into the final accord with...
Bangladesh Insurance Executive Club (BIEC) Monday presented 'Insurance Award- 2008' to nine personalities for their valuable contribution in the field of insurance.The recipients are late Khuda Box, late Mujibur Rahman, late AKM Fazlul Hoque, late Golam Maula, late MR Siddiqui,...
Law, Justice and Parliamentary Affairs Adviser AF Hassan Ariff said Tuesday the judges should render their duties with integrity and transparency without any fear to reap the benefit of separation of judiciary, which was the expectation of the whole nation,...
The government, according to a report published in this daily Monday, is planning to bring about major changes in the decades'-old system of subsidised sale of fertiliser. From the next financial year, the authorities concerned might cut down substantially the...
The confluence of economic uncertainty brought on by the deepening subprime crisis has posed a real risk of a systemic financial event and a prolonged global economic slowdown. This, coupled with another round of de-leveraging in the structured credit market...
A Dhaka court Tuesday sentenced former state minister for communications Salahuddin Ahmed to 13 years in jail and fined Tk 20 million (2 crore) for corruption, reports bdnews24.com.The BNP leader will have to serve another year of rigorous imprisonment if...
Emirates flew a large number of the FIFA delegates from around the world to Australia for the 58th FIFA Congress, taking place on 29th and 30th May 2008 in Sydney, says a press release.Once a year, the 208 member association...
FE Report | 2008-06-04 00:00:00
Sri Lankan High Commissioner in Bangladesh Vadivel Krishnamorthy, along with some potential investors from Sri Lanka, paid a visit to Bangladesh Export Processing Zones Authority (BEPZA) office.They had a fruitful discussion with BEPZA Executive Chairman Jamil Ahmed Khan at BEPZA...
An Indian company will set up a garments accessories manufacturing industry in Adamjee Export Processing Zone (EPZ).The company, M/s Tex Zippers (BD) Limited, will invest US$3.41 million (about Tk 230 million) for its plant and will annually produce 250 million...
WASHINGTON, June 3 (CNN): The titanic struggle for the Democratic candidacy neared its end Tuesday with final voting expected to push Hillary Clinton aside and usher in Barack Obama as the first ever black U.S. presidential nomination for a major...
CHICAGO, June 03 (AP): Barack Obama and Hillary Rodham Clinton heaved toward the finish line in their exhaustive Democratic presidential odyssey with Obama poised to claim victory and Clinton facing the prospects of having to abandon a quest that once...
FE Report | 2008-06-04 00:00:00
Commercial Bank of Ceylon Limited dispelled certain reports appeared in few newspapers relating to the Manager of its Sylhet Branch."The initial investigations made by the Bank reveal that there had been no apparent irregularities directly relating to banking transactions of...
Students of Begum Rokeya Hall of Dhaka University demanded of the authorities Tuesday not to demolish the 'Honours Bhaban', already declared abandoned, before arranging adequate accommodation for them, reports UNB.At present, a total of 103 students of different departments and...
FE Report | 2008-06-04 00:00:00
The central bank of Bangladesh has raised the allocation for the re-financing scheme aimed at facilitating development of small and medium enterprises (SMEs) to Tk 5.0 billion (500 crore) from Tk 3.0 billion.The board of directors of Bangladesh Bank (BB)...
Awami League (AL) will observe Six-point Day in Dhaka and elsewhere in the country Saturday (June 7), reports UNB.The day's programme will begin with hoisting national and party flags at the party offices across the country at about 5:30am.The AL...
THE deadline for SIM card registration has expired on May 31. The re-registration opportunity was given to help the cell phone users who failed to do it earlier. Now cell phone companies have to deactivate more than a million unregistered...
Siddique Islam | 2008-06-04 00:00:00
Bangladesh Taka has appreciated by 0.12 per cent against the US dollar during the last one week following increase in the supply of greenback in the market, officials said.The appreciation emerged after seven months as pressure on import payment bills...
FE Report | 2008-06-04 00:00:00
The government ought to formulate a more favourable and flexible tax structure on mobile phone devices in the next budget to ensure a better penetration of mobile phones among the lower income groups of the country.The call was made by...
COLOMBO, June 3 (AFP): Sri Lankan government commandos killed six civilians including two children with a roadside mine inside the Tamil Tiger-held north of the island, the rebels said Tuesday.Monday night's attack, which took place in the Puliyankulam area, also...
FE Report | 2008-06-04 00:00:00
The size of the Annual Development Programme (ADP), which has a strong crowding-in effect on private investment, should be significantly enhanced in the next fiscal, the Metropolitan Chamber of Commerce & Industry (MCCI), Dhaka has suggested.The ADP implementation should improve,...
ST JOHNS, Antigua, June 3 (AFP): Australia extended their lead to 371, after Brett Lee bowled with vigour to hand them a healthy first innings lead in the second Test against West Indies Monday.The Australians, chasing quick runs to set...
SHANGHAI, June 3 (AFP): Runaway inflation remains the top risk in China's economy as a massive earthquake last month is set to add upward pressure on prices in the short term, the country's central bank said today."A comprehensive increase in...
Pam Pastor | 2008-06-04 00:00:00
To tell the love story of 30-year-old Carisa Aleta and 29-year-old Hahn-Ning Chou, one might have to bring out a world map. Cari, the daughter of Drs. Carlito and Isabel Aleta, was born in Manila. Hahn, the son of Dr....
Rahman Chemicals recommends no dividendThe board of directors of Rahman Chemicals has recommended no dividend for the year that ended on December 31, '07. The annual general meeting (AGM) of the company will be held on the factory premises, Tarabo,...
President Iajuddin Ahmed Tuesday urged journalists to uphold country's interest above all else remaining accountable to their noble profession, reports UNB.Reminding journalists of their responsibilities and obligations to the country and society, he said, "Greater responsibilities and obligations are now...
A special court deferred Tuesday the hearing on charge framing in a bribery case against detained BNP senior secretary general Tarique Rahman and others to June 9 as the prosecution failed to produce Tarique for his "illness", reports UNB.As the...
Naim-Ul-Karim | 2008-06-04 00:00:00
The country's manpower export marked an impressive 42.16 per cent growth in the first five months of calendar 2008 over that of the same period of the last year as two Arab states recruited large number of Bangladeshi workforce, officials...
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