FE ReportFinance adviser Mirza Azizul Islam said Thursday the government will not downsize the Annual Development Programme (ADP) at this stage although its implementation has suffered a setback due to recurrent floods and devastating cyclone."Although the ADP implementation rate is...
S M JahangirThe Department of Agriculture Extension (DAE) estimated the total losses to 'Aman' crop sustained due to the recent cyclone 'Sidr' at 0.82 million tonnes worth more than Tk 21 billion.The preliminary Aman crop loss due to the Sidr...
FE ReportA sharp decline Thursday in the share price of the United Commercial Bank (UCB), the day's top turnover leader, pulled down the stock market on the Dhaka Stock Exchange (DSE).The UCB share price sharply dipped 11.34 per cent on...
Army Chief General Moeen U Ahmed Thursday said whoever is affected by the cyclone, no matter whatever the number is, will be brought under the Vulnerable Group Feeding (VGF) programme beginning next month, reports UNB.The free feeding programme will continue...
Doulot Akter MalaThe National Committee for Industrial Development (NCID) has initially selected 11 leading businessmen and chamber leaders for awarding them the status of commercially important persons (CIPs).The trade leaders will be finally selected after scrutiny of their tax files.The...
A special court trying high-society corruption suspects Thursday sentenced fugitive former LGRD state minister and BNP leader Ziaul Huq Zia to eight years imprisonment for tax-dodging and covering up his real wealth, reports UNB. Moreover, the court ordered confiscation of...
Refayet Ullah MirdhaThe Privatisation Commission (PC) said Thursday it might extend the deadline for handing over the largely state-owned Rupali Bank to the highest bidder.It will also examine the option for looking for alternative buyers for the bank, PC sources...
Robin Kwong and Raphael Minder,FT Syndication ServiceHONG KONG: Debt-raising activity in Asia so far this month slowed to its lowest level since February last year, in a sign that market concerns stemming from the US subprime mortgage crisis have now...
FE Report BRAC Bank Limited has arranged a syndicated term loan worth Tk 500 million (50 crore) for the Basic Unit for Resources and Opportunities of Bangladesh (BURO Bangladesh), a microfinance institution of the country.An agreement in this connection was...
Fifteen Muslim countries, including Saudi Arabia and Kuwait, have pledged to donate 'zakat' money and meat of sacrificial animals for the cyclone victims of Bangladesh. The ambassadors of the Muslim countries made the pledge when they met Food and Disaster...
Eighty-five detained political leaders were produced Thursday before the High Court's detention advisory board that would decide whether to extend their detention. Politicians in custody, including Awami League General Secretary Abdul Jalil, BNP Standing Committee Member Khandaker Mosharraf Hossain and...
Two terrorists were arrested with a revolver while they were fleeing after killing a jhut (scrap cloths) trader on RM Das Road in the city's Sutrapur area Thursday afternoon. Witnesses said a gang of muggers, numbering three to four, intercepted...
CHITTAGONG, Nov 29: Condemned convict Poritosh Rudra was hanged Wednesday night at the Chittagong Central Jail for killing his wife and son. — UNB
FE ReportGeneral investors and depository participants (DPs) are facing problems in complying with an order issued by the Securities and Exchange Commission (SEC) regarding opening of fresh beneficiary owners' (BO) accounts and updating the existing ones.As per an SEC directive...
Siddique Islam The World Bank (WB) has offered a special fund only for very small entrepreneurs, particularly in the cyclone-affected areas, official sources said.The Washington-based multilateral development partner has sent an initial proposal to the Bangladesh Bank (BB) for taking...
FE Report A US-based lobbyist engaged by Bangladesh Garments Manufacturers and Exporters Association (BGMEA) to pursue the passage of the New Partnership and Development Act (NPDA) -2007 in the US Congress has suggested that the foreign ministry of the government...
FE ReportThe 24th Economic Commission (EC) meeting of the D-8 group has reached consensus on making its Preferential Trade Agreement (PTA) operational by June next and also on adoption of a 20-year road map for development in intra-member trade, commerce...
The Coal Policy Review Committee (CPRC) is going to hear the view of Asia Energy in a meeting today (Friday), as the UK-based company pleaded to clarify its position about the Phulbari coalmine project, reports UNB.The decision was taken by...
BNP will soon convene a party council to amend its constitution, and apply to the Election Commission (EC) for registration well before the deadline, BNP Acting Secretary General Hafizuddin Ahmed said Thursday, reports bdnews24.com. "It's not because the Chief Election...
Seven persons were awarded capital punishment by a speedy trial court in the city Thursday for the murder of four people in the city's Badda area, reports UNB.The convicts to go to gallows are Atiqur Rahman Masum, Shafiqul Islam Masud,...
BARGUNA, Nov 29 (bdnews24.com): Hundreds of cyclone-stricken villagers demonstrated for urgent relief at the Barguna district headquarters defying emergency rule for the second day Thursday. Two weeks after the Cyclone Sidr battered the southern districts, hapless communities living in remote...
FE ReportSpeakers at a seminar stressed the need for undertaking a long-term plan for development of women entrepreneurship aiming to empower them economically.They said women's economic empowerment is a pre-condition for national development and sustainable democratic system. They were speaking...
FE ReportThe US dollar was stable at its high level against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with steady demand for the greenback despite restriction on the use of third currency, fund managers said.The inter-bank...
The Anti-corruption Comm-ission (ACC) has decided that all the submitted inquiry and investigation reports on corruption allegations and cases would be reexamined either fully or partially if necessary to make them more objective.Speaking at the Commi-ssion's regular briefing Thursday, ACC...
There has not been any such disaster facing the nation as to halt the 'election express', said Chief Election Commissioner (CEC) ATM Shamsul Huda Thursday. "It's true that because of recent recurrent natural disasters, the Election Commission (EC) is faced...
Echoing the remarks of the Chief Election Commissioner (CEC), Law Adviser Barrister Mainul Hosein said Thursday the government must see whether or not constitution of a political party is democratic as a lack of it spelt doom for democracy in...
Indian External Affairs Minister Pranab Mukherjee arrives in Dhaka tomorrow (Saturday) to convey solidarity of the people of India with the people of Bangladesh in their hour of need. During his visit, the Indian minister will meet Chief Adviser Dr...
CHITTAGONG, Nov 29 (UNB): The charge-framing in the Bijoy TV corruption case could not be held today (Thursday), as the main accused, detained Chittagong City Corporation (CCC) Mayor ABM Mohiuddin Chowdhury, was not produced before the court.Judge of Divisional Speedy...
BHOLA, Nov 29 (bdnews24.com): Awami League presidium member Tofail Ahmed called today for national unity to make up for devastation caused by cyclone Sidr. "National unity is our main strength to face this national disaster," Tofail said while distributing relief...
The incumbent government in spite of its limited mandate has set off to prepare the second Poverty Reduction Strategy Paper (PRSP-2) for the 2008-2011 period. With this end in view, the government has also formed a committee which has been...
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