The Anti-Corruption Commission (ACC) has begun the process of investigating the cases filed against former prime ministers Khaleda Zia and Sheikh Hasina, and eight others for alleged corruption in awarding contracts to Niko Resources, reports UNB.Two investigating officers have been...
Siddique Islam The Bangladesh Bank (BB) will allow commercial banks, particularly private commercial banks (PCBs), to disburse fresh credit through non-governmental organisations (NGOs) in the areas affected by the cyclone Sidr. An announcement in this connection will be made from...
Endorsing the government plea, the Supreme Court (SC) Thursday overruled the High Court (HC) order that stayed the trial of the detained former Prime Minister Sheikh Hasina on an extortion charge at a makeshift court, report UNB and bdnews24.com.Following a...
Naim-Ul-KarimThe government will start floating international tenders for privatising 16 state-owned enterprises (SOEs) from January next year, sources said.The SoEs, sources said, includes one each from the jute, sugar and food, and chemical sectors, and seven from textiles and steel...
FE Report The Bangladesh Bank (BB) has gradually activating its newly opened window to invigorate trading of government bonds in the country's secondary bond market. The central bank purchased government bonds worth Tk 50 million through its new window Wednesday...
The government will actively consider forming a review committee for reappraisal of the just-declared 6th Wage Board Award for the media industry, if there be an application on behalf of journalists, press workers or employees, reports UNB."If any application is...
The National Board of Revenue (NBR) is raising the number of appellate tribunal benches in a bid to quicken disposal of income tax related cases. In the latest move the board Thursday issued an order on formation of a new...
The government Thursday said any Bangladeshi citizen has the right to get a passport and SSC pass or any other educational qualification is not mandatory for this. "Any Bangladeshi citizen of any age is eligible to get a passport. Educational...
Jasim Uddin Haroon The country's apparel sector is facing another setback as the overseas buyers have been asking the local garment factories to avoid using fabrics made of raw cotton of Uzbekistan origin. The garment and knit buyers have alleged...
Doulot Akter MalaThe government issued an order Thursday to release cash incentives worth Tk 3.0 billion (300 crore) to the major export-earning sectors.Following the government order, the finance ministry also released the fund for distribution through the Bangladesh Bank (BB)...
Chief Adviser (CA) Dr Fakhruddin Ahmed Thursday said, people heave a sigh of relief following the courageous role of the Armed Forces in building a corruption-and terrorism-free Bangladesh, reports UNB.He made the remark while addressing the combined President Parade of...
Rescue operation of the decomposed bodies of the construction breaking workers, locked inside the Rangs Bhaban since December 8, started Thursday morning, and so far, a total of seven bodies have been recovered, report UNB and bdnews24.com.Three bodies of the...
The European Union (EU) will provide a grant of euro 33.6 million (Tk 3.36 billion) for expanding food security in Bangladesh under an agreement signed in the city Thursday, reports UNB. Economic Relations Division (ERD) Secretary Aminul Islam Bhuiyan and...
FE ReportSpeakers at a roundtable discussion Thursday said that Brac, one of the country's leading development organisations, requires to take up challenges in the fields of education, health and poverty alleviation to complement its development oriented activities.The major challenge of...
John Aglionby in Nusa Dua, Bali, FT Syndication ServiceAsian leaders joined the United Nations on Wednesday in calling for developing countries to take greater responsibility for fighting climate change by pursuing more environmentally friendly poverty-alleviation strategies.Susilo Bambang Yudhoyono, the Indonesian...
FE ReportInjection of fresh cash appeared unable to prevent the inter-bank call money rate from rising in face of strong demand for cash influenced by business momentum ahead of holy Eid. The rate rose to its peak at 14.00 per...
FE ReportThe World Bank (WB) South Asia Vice president, Praful C Patel, Thursday met with the National Board of Revenue (NBR) chairman Muhammad Abdul Majid to know about the internal resource mobilisation against the backdrop of adverse effect on the...
Train attack kills five in IndiaGUWAHATI, Dec 13 (AFP): Five people were killed and four others injured Thursday in a bomb attack on a train in northeastern India claimed by ethnic guerrillas.The blast hit the New Delhi-bound train as it...
Dilip Hiro Bush's woefully misguided invasion and occupation of Iraq in 2003, carried out under false pretences, has not only drained the United States treasury, but reduced Washington's standing in the Middle East in a way not yet fully grasped...
William PesekANYONE looking for evidence of climate change would normally peruse scientific journals, academic reports and World Bank warnings. This week, one could just monitor the vapor trails over Bali. More than 10,000 world leaders, activists, drought-stricken farmers, journalists, Nobel...
Celestine BohlenNICOLAS Sarkozy welcomed Libyan leader Muammar Qaddafi to Paris for a five-day visit, stepping up the French president's Middle East diplomatic efforts. Qaddafi, who pitched a Bedouin-style heated tent in the gardens of Baron Gustave de Rothschild's one-time mansion,...
Nipa PiboontanasawatCHINA'S inflation accelerated at the quickest pace in 11 years and the trade surplus swelled, adding pressure on the central bank to raise interest rates and let the currency appreciate faster to cool the economy. Consumer prices rose 6.9...
The government Thursday said any Bangladeshi citizen has the right to get a passport and SSC pass or any other educational qualification is not mandatory for this. "Any Bangladeshi citizen of any age is eligible to get a passport. Educational...
An agreement was signed between the national weather service of Met Office in the UK and the Bangladesh Meteorological Department in the city Wednesday under which Bangladesh will receive technical consultancy in the forecasting of hurricanes and cyclones. The agreement...
The government has exempted clothes, that will be imported for the country's Sidr-affected people, from customs duty. The factory owners at the export processing zones (EPZ) will also enjoy the exemption in case they donate clothes to the cyclone-hit people....
The caretaker government has taken an initiative to amend the Cooperative Act to keep the cooperative societies free from political influence.The LGRD and Cooperatives Adviser Mohammad Anwarul Iqbal said this while addressing the annual general meeting of Dhaka Reporters' Unity...
BAGERHAT, Dec 13 (UNB): Awami League (AL) Organizing Secretary Saber Hossain Chowdhury urged the government today (Thursday) to prepare union-wise list of losses caused by November 15 cyclone Sidr and make it public.
SHERPUR, Dec 13 (UNB): A court here Wednesday acquitted 11 Awami League (AL) leaders, including former lawmaker Mizanur Rahman Mizan, in an attempt to murder case.The acquitted leaders also included acting president of Nokla Upazila Awami League Golam Rabbani, former...
The European Commission (EC) and the United Nations Development Programme (UNDP) signed Thursday three contribution agreements of EUR 30 million or Tk 3.0 billion to finance voter registration, local government reform and the activation of village courts. In response to...
The High Court (HC) declared Thursday the detention order against detained Awami League (AL) General Secretary Abdul Jalil "illegal".A Division Bench, comprising Justice Shah Abu Nayeem Mominur Rahman and Justice Zubayer Rahman Chowdhury, delivered the judgement and ordered government authorities...
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