Unidentified miscreants gunned down a businessman in the city's Sayedabad area Tuesday morning. The dead was identified as M Ashiq (50), son of Lalu Mollah and also one of the owners of Anwar Hotel in Sayedabad. Witnesses said the assailants...
The prices of soybean and lentil (local variety) at Bangladesh Rifles (BDR)-run outlets in the city were raised by Tk 2.0 and Tk 5.0 per kilogramme respectively Tuesday. The BDR-run outlets re-fixed the price of lentil at Tk 70 from...
USAID has undertaken a five-year integrated project to help the government combat corruption and ensure accountability and transparency in various sectors of the country. In this connection, a presentation on the proposed project 'Promoting Governance, Accountability, Transparency and Integrity (PROGOTI)'...
M Azizur RahmanBangladesh will pursue the issue of special and differential treatment of its products at the two-day meeting of the Asia Pacific Trade Agreement (APTA) countries starting today (Wednesday) in Colombo."We, as member of the least developed country (LDC),...
Raihan M ChowdhuryBetter management of interest margins and a significant contribution from its operations in Bangladesh have enabled the Commercial Bank of Ceylon PLC to overcome the adverse market conditions of 2007 and post noteworthy growth in all key performance...
Mushir AhmedLeading steel manufacturer, Kabir Steel and Re-rolling Mills (KSRM), is setting up a 300,000 tonnes mild steel rod plant in Chittagong, making it the third company to unveil huge investment in the rapidly growing sector.Chairman of the company Mohammad...
FE Report The new management of Oriental Bank Limited is likely to meet March 23 next to finalise their business plans including lifting of moratorium to operate the bank smoothly. The Switzerland-based ICB Financial Group, the new owner of the...
FE ReportThe National Board of Revenue (NBR) is actively thinking of offering tax holiday facility for a period of eight years to CNG filling and conversion stations to encourage investment in the sector."The proposal of tax holiday placed by the...
The investigation report on the Niko graft case filed against detained former premier Khaleda Zia and four others will be submitted to the Anti-corruption Commission (ACC) tomorrow (Thursday)."ACC assistant director Shahidur Rahman, the investigation officer (IO), will submit the memo...
FE ReportThe Securities and Exchange Commission (SEC) will decide on the resumption of Rupali Bank share trading that has remained halted for more than four months only after getting an official directive."The commission is waiting for the directive to resume...
A special court dealing with graft cases Tuesday sentenced former Awami League lawmaker HBM Iqbal to 13 years in prison on two counts of charges, reports bdnews24.com. Iqbal was sentenced to 10 years for accumulating wealth illegally and to three...
FE ReportThe Securities and Exchange Commission (SEC) approved Tuesday a Tk 1-billion 'ICB AMCL Second NRB Mutual Fund', the largest initial public offering (IPO) in the country's stock market. Of the total amount, 60 per cent shares have been kept...
JACKSON, MAR 11 (AP): Barack Obama and Hillary Rodham Clinton's battle for the Democratic presidential nomination shifted to Mississippi Tuesday, where voting began in a race in which the former first lady has played down her chances.Mississippi's large black electorate...
FE Report Eastern Bank Limited, a private bank, has launched a new loan product aiming to provide finance to Bangladeshi holiday makers travelling abroad.Called EBL TraveLoan, the bank's credit facility will be provided in two categories -- secured and unsecured...
The friendship train between India and Bangladesh, called Maitree Express and linking Kolkata and Dhaka, will commence its run from the Bengali New Year Day April 14, Railway minister Lalu Prasad announced in New Delhi Tuesday, according to a internet...
Syed Fattahul AlimThe health of foreign exchange reserve in the country is constantly getting more and more robust everyday. Some days back it had crossed the $6.0 billion mark. At the moment its size is slightly over $5.5 billion after...
Mure DickieCHINA'S commerce ministry has reacted in unusually mild fashion to a World Trade Organisation action brought by the European Union and US over Beijing's regulation of financial news and information.Washington and Brussels last week began WTO proceedings over 2006...
THE rate of implementation of the Annual Development Programme (ADP) in the current fiscal year, so far, is, according to reports, very poor.It was only 21 per cent in the first six months of current fiscal year against 31 per...
IT is the general view of most concerned persons that the high cost of servicing borrowed funds is posing as one of the major obstacles to entrepreneurship in Bangladesh. A good number of entrepreneurs in Bangladesh hold the view that...
The latest launch disaster killed once again nearly 50 people, thus, ruining lives of many families. One of the reasons, as identified through the preliminary investigations, is that the poorly-designed ML Sourav was carrying more passengers and cargo than it...
KUALA LUMPUR, Mar 10 (AFP): Malaysia's Prime Minister Abdullah Ahmad Badawi was sworn in for a second term Monday, defying calls to quit after presiding over the ruling coalition's worst ever election performance. Dressed in a traditional costume and matching...
JERUSALEM, Mar 10 (AFP): The Israeli army Monday lifted the blockade of the occupied West Bank that was imposed after a Palestinian attack at a Jewish religious school in Jerusalem that killed eight teens. "The strict closure was lifted overnight...
YANGON, Mar 10 (Reuters): Myanmar opposition leader Aung San Suu Kyi had 50 minutes of talks with visiting UN envoy Ibrahim Gambari Monday, her second meeting with him in two days, witnesses said. UN officials gave no details of Gambari's...
Holders Abahani Limited registered their 2nd victory in the Metropolis Premier Division Cricket League, outplaying City Club by 166 runs in a 3rd round match at the Narayanganj Osmani Stadium (NOS) Monday, reports UNB.Sent into bat first, the popular Dhanmondi-based...
HONG KONG, Mar 10 (AFP): David Beckham's move to Major League Soccer may have been good for his wallet but it has apparently not helped his popularity in Asia.Empty seats and surprising indifference greeted football's greatest star, who was mobbed...
Visiting South African cricket team Monday played a friendly match with the orphan children of Sir Salimullah Orphanage, who were part of Warid Telecom team, at the Mirpur Sher-e-Bangla National Cricket Stadium, reports UNB.As a goodwill gesture, the South African...
Bangladesh Rifles, Police, Ansar and Rajshahi DSA emerged group champions to reach the semi-finals of the Exim Bank 18th National Men's Handball Championship winning their respective matches at the Outer Stadium handball ground Monday, reports UNB.In the semis Wednesday, Bangladesh...
Purbachol Parishad earned a 2-0 goals victory over bottom-placed Dipali Jubo Sangha in a relegation league match of Metropolis Senior Division Football League at the Bangabandhu National Stadium here Monday, reports UNB.Saifuzzman put Purbachol Parishad ahead in the 20th minute,...
NEWPORT BEACH (California), Mar 10 (AP): Bernhard Langer outlasted Jay Haas in the Toshiba Classic on Sunday, birdieing the final hole of regulation to force a playoff and winning with a birdie when Haas missed a 4-foot putt on the...
The Supreme Court (SC) Monday concluded the proceedings of an appeal hearing against a High Court (HC) order that had ruled illegal the Anti-corruption Commission (ACC) wealth notice on Sheikh Hasina. A seven-member Bench of the Appellate Division chaired by...
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