Police Wednesday filed a case against 3,000 garment workers for their alleged ties to protests and a road blockade in Savar, a police officer said, reports bdnews24.com.Garment workers blocked traffic in Savar Tuesday, vandalised vehicles and put up barricades on...
NEW YORK, June 4 (Reuters): US mortgage applications fell for a third consecutive week, reaching its lowest level in over six years as demand for home refinancing loans plunged, an industry group said Wednesday.The Mortgage Bankers Association (MBA) said its...
FE Report | 2008-06-05 00:00:00
Educationists said Wednesday a national accreditation body on education should be formed for maintaining quality of education.They were addressing a seminar, jointly organised by Bangladesh Institute of Development Studies (BIDS) and Northern University Bangladesh (NUB), at BIDS conference room in...
The 34th death anniversary of Mahbubul Huq, a noted parliamentarian and journalist, former editor of the Daily Purbodesh, will be observed today (Thursday), said a press release.A discussions and doa mahfil will be held in this connection at the Jatiya...
Last time runners-up Bangladesh made a frustrating start in the 3rd SAFF Championship as they were forced to a 1-1 draw by lowly Bhutan in the Group B opener at the Sugathadasa Stadium in Colombo Wednesday, reports UNB.With the day's...
Mr Tofazzal Hossain and Mr ASM Mainuddin Monem have been reelected chairman and vice-chairman respectively of the National Credit and Commerce (NCC) Bank Limited for another term.The board of directors of the bank at its meeting held in the city...
BOGRA, June 4 (UNB): RAB arrested two engineers of Roads and Highways Department here Tuesday on charge of taking bribe worth Tk 100,000 from a contractor.The arrestees were identified as superintending engineer (SE) of Bogra Workshop Circle of the R&H...
Joe Leahy in Mumbai and Amy Yee in New Delhi, FT Syndication ServiceIndia's government Wednesday increased the price of petrol and diesel at the nation's fuel pumps, ending weeks of political wrangling over what to do about the ballooning fiscal...
In order to regain the postal efficiency, it is better to sell it.Any public university which for any reason goes on damaging education quality must be sold to private entity. Almost paying nothing, they learn nothing from those Universities except...
FE Report | 2008-06-05 00:00:00
Wachovia Corp will open a new representative banking office in the city today (Thursday) demonstrating Wachovia's increasing commitment to Bangladesh."We have been doing business in Bangladesh since 1999, and we are extremely excited about expanding our presence in this important...
FE Report | 2008-06-05 00:00:00
Grameenphone recently signed an agreement with Ascent Group to provide special discounts to its subscribers.Grameenphone Additional General Manager (Marketing) Riaz M Zaman and Ascent Group Director Syed Anwar Ali signed the agreement on behalf of their respective organisations in the...
FE Report | 2008-06-05 00:00:00
Huawei Technologies Ltd, a giant telecom solution provider, signed a contract Tuesday with GrameenPhone, the largest cell phone operator in Bangladesh for large scale capacity expansion and enhancement of next generation GSM core and radio network."We are delighted to choose...
PARIS, June 4 (AFP): The world's leading industrialised powers are headed for weaker economic momentum, with oil prices unlikely to show any significant decline, the head of the Organisation for Economic Cooperation and Development (OECD) predicted here yesterday.But Angel Gurria,...
FE Report | 2008-06-05 00:00:00
Eastern Bank Limited (EBL) held its Annual Sales Conference 2008 at a city convention centre recently.Consumer Banking sales team of the bank from all over the country participated in the daylong conference.EBL Managing Director-cum-CEO Ali Reza Iftekhar inaugurated the conference.Deputy...
Three soldiers dead | 2008-06-05 00:00:00
in rebel ambushLEGASPI, (Philippines), June 4: Three members of an elite Philippine army unit were killed Wednesday in a communist guerrilla ambush near this eastern city, the military said. The three army scout rangers were riding a motorcycle to the...
FE Report | 2008-06-05 00:00:00
The para-military, Bangladesh Rifles, may be forced to stop selling rice to poor consumers through its outlets across the country at subsidised price of Tk 25 a kg within a couple of days, sources said.The stock of rice with the...
Shakhawat Hossain | 2008-06-05 00:00:00
The country's fuel oil consumption fell by at least 0.3 million tonnes in the outgoing fiscal compared with that of last fiscal year, said an energy division official."Consumption of the fuel oils will not cross 3.5 million tonnes in the...
FE Report | 2008-06-05 00:00:00
A senior executive of multinational company SINGER alleged that Managing Director of Global Suppliers Limited Shahrear Ali was running his business illegally occupying a house that belonged to the executive, even after expiry of the contract."On February 28, 2006, four...
NEARLY 17 per cent of the population being handicapped by different physical disabilities can't look after themselves. More needs to be done to mitigate their woes. As it is, most of them are compelled to lead a life of complete...
Syed Ishtiaque Reza | 2008-06-04 00:00:00
IT'S time to celebrate the centuries of Dhaka. But Dhaka has been turned into a city of garbage and recognised as not so clean a city. It's attributable to the low solid waste management capacity of the Dhaka city corporation.Established...
FE Report | 2008-06-04 00:00:00
The inter-bank call money rate moved on steady track Tuesday despite injection of large amount of fresh cash into the market. The US dollar, however, lost ground against Bangladesh taka (BDT) in the inter-bank foreign exchange market on moderate demand...
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...
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