CHITTAGONG, Feb 11 (UNB): Three policemen -- assistant commissioner of police (ACP) for Panchlaish Zone Abu Saleh Mohammad Mofazzel Haque and two constables -- were arrested early Monday for their alleged involvement in a robbery in the city.The two arrested...
Siddique Islam The Bangladesh Bank (BB) has given two non-banking financial institutions (NBFIs) permission to float two zero-coupon bonds and one asset-backed zero-coupon bond. "We have given permissions on issuance of two zero-coupon bonds and an asset-backed zero-coupon bond to...
FE Report Bangladesh should lobby with American policy makers in a politically-prudent way to reap benefits from a new bill, seeking trade preferences for the poorer nations, officials and trade experts said Monday.They said if the country's negotiating strategy lacks...
FE ReportDhaka stocks gained slightly Monday recovering some losses of previous day amid a significant decline in turnover.The turnover declined to Tk 1.99 billion from previous day's Tk 2.99 billion following cautious fund disbursement by merchant banks, market operators said.The...
FE Report The name of preferred bidder for purchasing the shares of troubled Oriental Bank Limited will be announced Thursday next, officials said. "We are working on the completion of the entire process through signing a sale and purchase agreement...
The Anti-Corruption Commission (ACC) is going to take up a programme to find out corruption in Bangladesh military, Helge Adam Moller, head of the visiting Parliament's Public Accounts Committee of Denmark, Monday said, quoting the ACC Chairman, reports UNB. Moller...
A devastating fire burnt a garment factory at Dapa Idrakpur of the Fatullah apparel hub in Narayanganj district Monday afternoon, causing a colossal loss to the export industry. Ten people, including a firefighter, sustained burn injuries during the fire that...
Foreign Secretary M Touhid Hossain left Dhaka for Myanmar Monday for regular bilateral consultations. A spokesman of the Foreign Ministry stated that this visit was in line with the policy to strengthen bilateral cooperation. The last series of consultations at...
The local workers of Baropukuria coal mine called off the strike today as Chinese contractor agreed to raise the minimum daily wage by Tk 40 to 50. A tripartite meeting of workers' representatives, Chinese operation and maintenance contractor CMC-XMC Consortium...
The Met office Monday recorded a mild earthquake, measuring 4.7 on the Richter scale, which occurred at 03 hours 02 minutes 50.86 seconds near Qamdo in China. — UNB
M Azizur RahmanThe British Cairn Energy has sought a renewed government approval to extensively conduct a survey in its offshore Meghnama gas field under Block 16 on the expectation that the potential of locating oil and gas reserves there is...
S M JahangirThe Power Division will again submit the revised bid for installation of the Tk 4.95-billion Sylhet 100-megawatt (MW) power plant to the government's purchase committee this week for approval.The purchase committee last month returned the project proposal and...
Doulot Akter MalaThe revenue board has decided to merge its two main units dealing with the taxation of top companies as part of an International Monetary Fund (IMF) advice to tighten the noose around big tax-evaders, officials said Monday. The...
Detained former Prime Minister Sheikh Hasina had high blood pressure in jail Monday morning and recovered after a while, reports UNB.Inspector General (IG) (Prisons) Brigadier Gen Zakir Hossain said as Sheikh Hasina fell sick, the jail authorities called in the...
A number of Saudi teams, both from the public and private sectors, arrived in the city Monday to recruit medical specialists and consultants from Bangladesh, reports UNB.A spokesman of the Ministry of Expatriates' Welfare and Overseas Employment said the teams...
FE ReportBangladesh Land Port Authority (BLPA) has planned to set up two more land ports, one in Feni and another in Sylhet, to boost bilateral trade with India, officials said. They said a three-member committee has already been formed to...
Suggesting pre-poll reforms for sustainable democracy in Bangladesh, German Ambassador Frank Meyke Monday said, the state of emergency should be lifted carefully calibrated to progress on the election roadmap, reports UNB. Talking to a group of journalists from print and...
Venezuela's Chavez threatens to cut US oil sales Venezuelan President Hugo Chavez has threatened to cut oil sales to the United States if ExxonMobil succeeds in getting billions of dollars in Venezuelan assets as compensation for expropriated oil fields, reports...
The 42 artefacts sent to Paris for an exhibition at the Guimet Museum will be brought back to Dhaka on February 23, an adviser said Monday. "A team of Bangladesh government is already in Paris to take the artefacts back....
SATKHIRA, Feb 11 (UNB): Farmers Sunday staged sit-in for one and half hours from 11am in front of Sadar UNO office demanding adequate supply of fertiliser.Several hundred local Boro farmers gathered in front of the UNO office and chanted slogans...
FE Report The inter-bank call money rate remained unchanged Monday moving above the bank rate of 5.00 per cent due to steady pressure on, fund managers said.The US dollar was also stable despite higher demand for the greenback in the...
The government has filled six vacancies of deputy commissioner (DC), according to separate circulars issued by the Establishment Ministry Monday, reports bdnews24.com. Also, MA Akmal Hossain Azad, chairman of the Forest Industries Development Corporation, has been transferred to the Agriculture...
TOKYO, Feb 11 (Reuters): Beyond the immediate challenge of crisis containment, the Group of Seven (G7) industrialised nations promised over the weekend to fix the financial market faultlines that are destabilising the global economy.The next few months will tell whether...
MUMBAI, (Internet): Country's largest lender State Bank of India (SBI) Monday slashed prime lending rate by 0.25 per cent to 12.50 per cent, a decision that will make housing and car loans cheaper."Benchmark prime lending rate is revised downward by...
NEW DELHI, Feb 11 (PTI): Industry body Assocham has suggested Russia and India to draw a joint action plan along with other two BRIC countries to avert an economic slowdown, which can be triggered by the financial crisis in the...
WASHINGTON, Feb 11 (Reuters): US President George W Bush said yesterday he would sign a $152 billion package Wednesday that is aimed at keeping the world's largest economy out of recession with tax rebates and business investment incentives. Citing private-sector...
SYDNEY, Feb 11 (AFP): Australia's central bank warned today that inflationary pressures mean interest rates may have to be raised again after being hiked last week to a 12 year high. The Reserve Bank of Australia (RBA) said in its...
MANILA, Feb 11 (AFP): The Philippines posted a better than expected 9.4 billion peso (229.26 million dollars) budget deficit in 2007, the lowest in 10 years, the government said today, but warned of tougher times ahead. The figure is equivalent...
JOHANNESBURG, Feb 11 (AFP): South African President Thabo Mbeki acknowledged yesterday the continent's biggest economy could be headed for a slowdown but denied that a recession was on the cards. "We might have a slowdown but that's not a recession,"...
KATHMANDU, Feb 11 (Xinhua): Nepal's readymade garment export plummeted by nearly 50 per cent in the year 2007 as compared with the year 2006, the Nepali national news agency RSS reported today. The report said exportation was severely affected by...
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