FE ReportThe National Board of Revenue (NBR) Thursday relaxed the operation of a frozen bank account held by former Prime Minister Sheikh Hasina to enable her pay Tk 0.7 million as income tax.The date of filing individuals tax return will...
FE Report The growth of inward remittances was recorded at around 26 per cent in September last over the previous month due to onset of the holy month of Ramadan. "The inflow of remittances increases ahead of the Eid-ul Fitr...
Anna Fifield in Seoul and Daniel Dombey in WashingtonFT Syndication ServiceNorth Korea will disable the reactor at the heart of its nuclear weapons programme by the year's end and will provide a full account of its nuclear activities by that...
A Public Interest Litigation (PIL) writ was filed Thursday with the High Court seeking a court direction to ask the Election Commission to hold parliamentary polls by February 28, 2008 after completion of the final voter list. Abdul Wadud Khondker...
Final results of the first year and second year SSC Examinations - 2006 under Bangladesh Open University (BOU) have been published Thursday, showing a pass percentage of 38.27. This year, the number of listed students was 1,12,297 in 1st and...
The low over the west central Bay and adjoining north-west Bay intensified into a well marked low over the same area Thursday morning. It is likely to intensify further and move in a north-westerly direction at about 9am, said a...
FE ReportThe Securities and Exchange Commission (SEC) expects to bring discipline in the country's merchant banking operation by the end of this month through new margin rules."We have just sent the newly approved rules to the government press and the...
FE ReportStock prices bounced back on Dhaka Stock Exchange (DSE) Thursday after two-days' fall resulting from profit-taking."Investors again went on buying spree to jack up the market led by shares of Trust Bank and other banking issues," a market operator...
M Azizur RahmanScottish oil company Cairn Energy has initiated drilling of exploratory well for discovery of gas in the offshore Magnama structure under block -16 in the Bay of Bengal from Wednesday last."The company will continue drilling at a shallow...
FE Report The government has disbursed a record amount of cash incentive worth Tk 3.28 billion against the export of selected items in 2006-07 fiscal year, sources said.The highest amount of incentive worth Tk 1.1 billion was disbursed against frozen...
FE Report The government signed Thursday an agreement with the International Development Association (IDA) on credit worth US$ 75 million, which will help finance part of the FY08 budgetary resource gap incurred as a result of the floods, said a...
Awami League Thursday demanded lifting the state of emergency forthwith to set off the process of polls at the earliest, reports UNB."We were informed that local-body elections would start to be held from January next, so the government should lift...
David Pilling and Mariko Sanchanta FT Syndication ServiceTOKYO: A price war aimed at Japan's 100m mobile phone users could have a significant impact on the core consumer price index, potentially prolonging the country's brush with deflation, economists warned last Wednesday.Any...
FE Report A six-member high-powered delegation from Bangladesh Railway will visit India next week to discuss the Kolkata-Dhaka passenger train service that is caught in a row between India and Bangladesh over wire fencing, according to an Indian newspaper report....
FE Report The Bangladesh Bank (BB) has decided to introduce a system of "reward and reprimand", for the first time, to improve the services of the country's central bank.Five officials from different sections will receive rewards for 2007 as recognition...
The roadblocks to holding the first major international exhibition of Bangladeshi archeological masterpieces, scheduled to begin at Guimet Museum in Paris on October 23, are lifted as the Supreme Court (SC) Thursday stayed the High Court order halting for next...
The Asian Development Bank (ADB) has offered to extend all kinds of technical and financial supports for implementing the Phulbari Coal Mine project, long stalled over the issue of mining method, reports UNB.A high-profile visiting delegation of the multi-lateral donor...
The High Court (HC) Thursday, following an application, extended its stay order on the election process of the country's apex trade body, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), until November 4, reports UNB.Earlier, on Sunday, the HC...
FE ReportThe US dollar was steady with downward bias against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money rate remained steady despite withdrawal of cash...
SEOUL, Oct 4 (Reuters): Leaders of the two Koreas agreed Thursday to try to bring peace to the Cold War's last frontier, just a day after the North signed up to an international deal to disable its nuclear facilities. But...
CARACAS, OCT 4 (AP): President Hugo Chavez accused Washington of trying to spur a military rebellion, saying the US Central Intelligence Agency is behind the distribution of leaflets inside army barracks calling for his ouster.Speaking to dozens of army officers...
UNITED NATIONS, OCT 4 (AP): Iran's foreign minister said the United States is not in a position to attack his country because Washington cannot afford another costly war in the region.Manouchehr Mottaki accused President George W. Bush's administration of engaging...
BAGHDAD, Oct 4 (Reuters): Iraq has ordered light military equipment from China worth $100 million because the United States is unable to meet Baghdad's requirements, the Washington Post reported President Jalal Talabani as saying. The weapons are intended for Iraq's...
GUWAHATI, Oct 4 (AFP): Five paramilitary troopers and four tribal separatists were killed in two attacks in India's restive northeast, police said Thursday. Armed militants of the People's Revolutionary Army of Kangleipak (PREPAK) ambushed a paramilitary convoy late Wednesday in...
SUVA, Oct 4 (AFP): Fiji's deposed prime minister Thursday launched court action challenging the legality of military chief Voreqe Bainimarama's bloodless coup last year. Under heavy security in the Fiji High Court in Suva, lawyers for Laisenia Qarase asked for...
BANGKOK, OCT 4 (AP): The Thai government reaffirmed Thursday that the country will hold a general election on Dec. 23. Prime Minister Surayud Chulanont and the Election Commission chief, Apichart Sukhakanon, held a news conference to dispel rumors that the...
FE Report Super Protective Shoes (Pvt) Limited, a Ukraine company, will set up a footwear and shoe manufacturing industry in the Adamjee Export Processing Zone (EPZ).The 100 per cent foreign-owned company is committed to invest US$ 15.473 million to produce...
The retail prices of vegetables at the city markets declined further as supply of the items continued to increase, a market report of Bangladesh Riffles (BDR) said in the city Thursday, reports BSS.Besides, the retail prices of the most of...
CHITTAGONG, Oct 4: Ready-made garments (RMGs) washing village would be built in the port city in cooperation with Chittagong City Corporation (CCC), Chittagong Development Authority (CDA) and other concerned agencies of the government, sources said.Chittagong City Corporation (CCC) Mayor (acting)...
FE Report Islami Bank Bangladesh Limited (IBBL) organised a discussion on 'Ramadan in Establishing Socio-Economic Justice' and an Iftar mahfil at a city hotel recently. Chaired by IBBL Board of Directors Chairman Abu Nasser Muhammad Abduz Zaher, the function was...
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