A high profile Indian delegation arrived in the city Sunday to negotiate export of 0.4 million tonnes of rice to Bangladesh. "Four senior officials from state agencies concerned of India arrived here this night to discuss prices of rice," Ajit...
The US Senate has confirmed the appointment of James Francis Moriarty as the next US ambassador to Bangladesh, the US Embassy said in a statement Sunday. Moriarty, a native of Massachusetts and career member of the US senior foreign service,...
Bangladesh Association of Banks (BAB), a platform of the bank directors, at a meeting Sunday discussed the Bangladesh Bank (BB)-proposed plan to make a provision for appointing two bank directors from among the depositors. The meeting decided that a BAB...
FE ReportStakeholders of the country's construction sector have urged the government to facilitate expansion of the real-estate sector outside any metropolitan city by reducing tax rates.The government should reduce the tax rate on constructing a building in a semi-urban area...
FE ReportDutch-Bangla Bank Limited (DBBL) remains the top commercial bank in the country as far as automation and corporate social responsibility (CSR) are concerned."We have already invested Tk 1.0 billion in the banking automation and it is the highest amount...
Naim-Ul-KarimAt least four five-star hotel chains with presence all over the world have shown interest to manage the state-owned Dhaka Sheraton Hotel, officials said Sunday.Famous hotel chains including Hyatt Regency of USA, Novotel of France and Marriott and Shangri-La Hotels...
Doulot Akter MalaThe National Board of Revenue (NBR) is exploring options to retain the tax policy measures, which will be taken up in 2008-09 fiscal, for three consecutive years without bringing any changes to it during the period, its chief...
Special Assistant to Chief Adviser for Power and Energy Ministry Dr M Tamim Sunday said the power generation in the country would increase from the end of this month, reports UNB.Dr M Tamim stated this while speaking at a discussion...
The United Nations Development Programme (UNDP) administrator Kemal Dervis said Sunday that it would work as a coordinator to manage funds from different donor agencies to procure food to meet shortfalls in food stocks in Bangladesh, reports bdnews24.com. The UNDP...
The Asian Development Bank (ADB) is set to provide the government with $430 million in funds for the development and reform of Bangladesh Railway, an official said Sunday, reports bdnews24.com. Communications secretary Muhammad Mahbubur Rahman briefed the reporters on the...
Pakistan raises fuel pricesISLAMABAD, Mar 16 (AP): Pakistan's interim government raised fuel prices about 7 percent Saturday, a decision likely to spark public anger at a time when food prices are also rising.The hike by the Pakistan Oil and Gas...
US Chargé d' Affaires Geeta Pasi Sunday met Jamaat-e-Islami chief Motiur Rahman Nizami and other party leaders at the Jamaat office as part of her round of talks with different political parties, report UNB and bdnews24.com. The US diplomat discussed...
FE Report The Managing Director (MD) of the World Bank (WB) Ms Ngozi Okonjo-Iweala arrived in Dhaka Sunday afternoon on a four-day visit.Okonjo-Iweala will meet with government officials, civil society, the private sector and development partners to discuss the Bank's...
About 50 women workers of a garment factory were wounded in stampede, caused by fire-scare at Fakirhat in Chittagong Sunday, reports UNB. The stampede at 2:30pm occurred when the security man of Delta Fashion Limited rang alarm bell in apprehension...
FE ReportDhaka stocks declined Sunday amid a steady turnover as out of three market barometers, two declined and one gained slightly.The two indices-Dhaka Stock Exchange (DSE) General Index (DGEN) and DSE-20 comprising blue chips-shed 0.02 points and 23.13 points to...
Pakistan raises fuel pricesISLAMABAD, Mar 16 (AP): Pakistan's interim government raised fuel prices about 7 percent Saturday, a decision likely to spark public anger at a time when food prices are also rising.The hike by the Pakistan Oil and Gas...
M Azizur RahmanThe government has planned to set up the long-awaited central effluent treatment plants in all the Export Processing Zones (EPZs) by next 18 months to stop indiscriminate dumping of toxic and environmentally hazardous industrial wastes, official sources said....
A group of academics said Saturday that the caretaker government had no authority to invite international bids for oil and gas exploration and must suspend all such activities, reports bdnews24.com. They made a number of recommendations including giving all necessary...
The anonymous philanthropist, who earlier promised to donate $130 million to Bangladesh, has deposited the money with the Islamic Development Bank (IDB), reports UNB.A senior official of the Economic Relations Division (ERD) Saturday said the donation would be released after...
FE Report China and Vietnam have expressed their interest to join the Asian Clearing Union (ACU) for intra-regional trade promotion and cost effective transactions, officials said in Dhaka.The ACU secretariat has already taken initiatives to invite both the countries to...
FE Report Biman sealed Sunday a 'historic' agreement with American aerospace giant Boeing to buy eight new generation passenger jets as part of its fleet overhaul programme. Officials of Biman Bangladesh Airlines signed the memorandum of understanding (MoU) with Boeing...
FE Report Elections to the executive committee of the Real Estate and Housing Association of Bangladesh (REHAB) for 2008-09 will be held on March 29.The apex body of the country's over 400 realtors was formed with 11 members in 1991...
The government will engage an international non-government organisation (NGO) to oversee the seismic survey work by gas explorer Chevron at Lawachhara national forest in Moulavibazar and ensure that it does not cause any harm to the environment.Chevron's planned seismic survey...
The on-going fiscal year has been a very productive one for the National Board of Revenue (NBR). Its earning from income tax has gone substantially up and indication is that it might well achieve the annual target relating to the...
Shahiduzzaman KhanRAHIMA Khatun has queued up at BDR fair price shop at Azimpur. Coming from a low-income middle class family, Rahima has no way other than to buy rice, edible oil and lentil from the fair price shop with low...
AL KhanI would like to put forward the following recommendations to the care-taker government /Anti-Corruption Commission (ACC) as a means of dealing with corruption and bribery in government offices in Bangladesh . Unless a law is passed on the service...
Andrzej ZwanieckiCHANCES for congressional approval of three high-stakes U.S. bilateral trade agreements will improve once lawmakers focus on the strong strategic and commercial merits of the pacts, according to an independent expert.Gary Hufbauer, a senior fellow at the Peterson Institute...
DRIVING is a potential profession for the lower middle class and the poor at home as well as abroad. Qualified and trained driver can ensure better safety on the roads for the passengers and pedestrians. We did not give due...
CAN anyone think that eight hospitals in a capital city would go without electricity for hours together? Yes, we have seen that situation only recently in the capital's eight major hospitals due to power outage. Hospitals located in Sher-e-Bangla Nagar,...
A country with bird flu suffers an image problem. Even favourite destinations like -- Hong Kong and Canada -- were sort of blacklisted ones for a while after a few human beings there were reported to have been infected by...
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