FE ReportThe government Tuesday approved the import of nearly 0.6 million tonnes of rice to meet the domestic demand for the same.The advisory committee on public purchase at a meeting Tuesday approved the import of 0.50 million tonnes of rice...
Trucks of rice stranded for days on the other side of the border with India will start for Bangladesh Wednesday, easing fears among people of a further rise in prices, an Indian business leader said. India has attached one condition:...
The caretaker government plans to knock out two-stroke-engine vehicles from all district headquarters and metropolitan cities to reduce greenhouse gas emissions that lead to global warming. "Government is thinking about making cities and district towns clean by getting rid of...
The chairman and board members of Dhaka Electric Supply Authority (DESA) will hear from the power subscribers on their problems under its Satmasjid circle in the city Wednesday, kicking off such a programme. —UNB
FE ReportState-owned exploration company BAPEX will start seismic surveys in five major gas-fields by October this year to step up the hunt for new reserve in the wake of a looming energy crisis in the country, officials said Tuesday. The...
The Bangalees celebrate today (Wednesday) Pahela Falgun, the first day of the 11th month of Bangla calendar year, that heralds the advent of the spring in this part of the globe, reports UNB.People, mostly youngsters, traditionally celebrate the charming occasion...
Jasim Uddin Haroon Efficiency at the Chittagong port hit a new high in January when cargoes from ships arriving in the terminal have been unloaded and loaded in a record time, officials said Tuesday. The turnaround time of a ship...
The caretaker administration has decided to employ mobile courts to penalise garment factory owners who do not pay their employees the minimum wage, an adviser said Tuesday, reports bdnews24.com. The government also plans to form participatory committees, which will mediate...
Nobel Peace Prize recipient Muhammad Yunus has urged patience over the work of the Caretaker Government (CG) to ensure the administration can complete it, reports bdnews24.com. "This may be the last opportunity to make the country corruption free," Yunus told...
Shakhawat Hossain The country's overall revenue generation growth recorded at nearly 25 per cent during July-January of fiscal 2007-08 over that of the same period of the previous year, official sources said.This is a record revenue growth in a seven-month...
Siddique Islam The country's overall trade deficit soared by nearly 81 per cent in the first five months of the fiscal that has pushed the current account balance to a negative $153 million, officials said. The overall trade deficit rose...
FE Report The Bangladesh Bank (BB) continued its open market intervention Tuesday by extending foreign currency support to the commercial banks, which need to finance increased imports of food grains and fuel oils.The central bank has been taking the move...
FE Report The second national grand conference of over a thousand small and medium women entrepreneurs of the country begins today (Wednesday) in the capital.Chief Adviser of the caretaker government Fakhruddin Ahmed is expected to inaugurate the conference that aims...
FE Report Biman Bangladesh Airlines has been asked by the Delhi Consumer Commission to pay Rs 450,000 (Over Tk. 700,000) to 12 passengers, who were wrongfully denied seats in a flight for want of re-confirmation of tickets. Economic Times, leading...
YANGON, Feb 11 (AFP): A pro-junta political party in Myanmar Monday backed the regime's new timetable for elections, and urged supporters of democracy leader Aung San Suu Kyi not to oppose the balloting. The junta announced late Saturday that it...
FE ReportIFC, a member of the World Bank Group, and Citi, the leading global financial services institution have closed a US$22 million term financing to support BRAC's microlending in Bangladesh. The facility will be made available in local currency Bangladesh...
FE ReportPrime Bank Ltd has been awarded 'merit certificate' from SAFA (South Asian Federation of Accounts) for the bank's best presented accounts on the basis of evaluation of annual report of the bank for 2006 in the banking sector category.Prime...
Our correspondent TANGAIL Feb 11: Boro cultivation is going on in full swing under a massive programme in the 12 upazilas of the district. The local farmers said they suffered a huge loss in last Aman season as there was...
FE ReportThe Annual Conference 2008 of the executives and managers of National Bank Ltd (NBL) was held at the Bangladesh-China Friendship Conference Centre in the city Sunday, said a press release.Chairperson of NBL's board of directors Parveen Haque Sikder inaugurated...
FE ReportPremier Bank Ltd held monthly managers' meeting at the bank's head office in the city Saturday.Managing Director (MD) of the bank Khondker Fazle Rashid presided the over the meeting, while Vice Chairman BH Haroon was present on the occasion...
President of Market and Business Development Asia Pacific, BASF, Dr Wolfgang Hapke arrives in Dhaka today (Tuesday) on a two-day official visit to Bangladesh, reports UNB. Managing Director of BASF Bangladesh Limited Saria Sadique said Monday: "Hapke's visit gives us...
The government has decided to withdraw the restriction on new electricity connections to households and businesses located in rural areas from April, an official said Sunday, reports bdnews24.com.Power Division Secretary M Fawzul Kabir Khan told the news agency that the...
LONDON, Feb 11 (Reuters): City watchdog the Financial Services Authority (FSA) is to launch an independent Web site to help consumers compare credit cards. The move follows recommendations by the Office of Fair Trading (OFT) designed to help consumers get...
Our CorrespondentBRAHMANBARIA, Feb 11: Brahmanbaria Chamber of Commerce and Industry (BCCI), Brahmanbaria Shop Owners' Association (BSOA) and Customs, Excise and VAT Circle, Brahmanbaria in a joint meeting held recently in the district town resolved to implement the VAT programme through...
FE ReportThe Japan government has been providing the PARRI, a non-government organisation (NGO), with a grant of 91,176 US dollars (approximately Tk 6.2 million) to empower the poor through micro credit in Narshingdi district.In this connection, Ambassador of Japan in...
FE ReportPhoenix Finance and Investments Ltd appointed M Shah Alam deputy managing director (DMD) of the company recently.Before taking his new assignment, Alam was working as the executive vice president of the financial institution.Alam was also working as executive vice...
FE ReportThe Metal (Pvt) Ltd signed an agreement with the Concord Communi-cation Co Ltd (CCCL) in the city recently.Under the agreement, the CCCL, a sister concern of the Concord Group of Companies, will work solely as the advertising agency for...
Our CorrespondentNILPHAMARI, Feb 11: Lack of adequate number of cold-storages is seriously hampering potato preservation in the district for long, sources said.According to the Department of Agriculture Extension (DAE), Nilphamari district alone produces nearly 0.3 million tonnes of potato every...
BANGKOK (Thailand), Feb 11 (AP): Asian markets fell Monday as they reopened after the Lunar New Year holidays, catching up to losses posted last week on Wall Street amid continued worries over a US slowdown.Hong Kong's benchmark Hang Seng index...
Our CorrespondentCHITTAGONG, Feb 11: Teknaf Landport made a breakthrough in the field of export trade beyond expectation in January last year.Although Teknaf Landport could not achieve the monthly target as set by the National Board of Revenue (NBR), its earning...
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