FE Report The Bangladesh Bank (BB) has asked eight state-owned banks and financial institutions to intensify disbursement of fresh agriculture credit to the cyclone-affected farmers, official sources said. The central bank took the move as part of the ongoing post...
Shakhawat Hossain The Ministry of Finance (MoF) Monday in a gazette notification dropped Sonali, Janata and Agrani banks from the Bangladesh Bank Nationalisation Order 1972, sources said.Thus, the country's three largest banks, which functioned as nationalised commercial banks (NCBs) for...
The Regulatory Reforms Commission (RRC) will send a set of recommendations to the government in one month, aiming to bring dynamism to economic activities, its chairman Akbar Ali Khan made the disclosure Monday. "Our prime duty is to reduce government...
FE Report The government is contemplating providing special assistance to the farmers of cyclone-hit districts to facilitate re-plantation of crops and resumption of economic activities."We are discussing about providing such assistance and reviewing the situation," Bangladesh Bank governor Salehuddin Ahmed...
The submarine cable that links the country to the rest of the world through internet and telephone was restored Monday morning after being 'cut' for a second time in six days. Cable link of Bangladesh Telegraph and Telephone Board (BTTB)...
Chief adviser (CA) Fakhruddin Ahmed Monday called on every able person to assist in the rescue and rehabilitation of cyclone-ravaged people of the south, reports bdnews24.com. The CA could not hold back tears as he visited Majherchar in the coastal...
Naim-Ul-KarimPrices of two essential relief materials--flattened rice and puffed rice, locally known as Cheera and Muri, have gone up both at the wholesale and retail levels immediately after the hurricane SIDR hit the country, market operators said.Sources blamed supply shortfall...
Doulot Akter MalaThe SAARC group on customs cooperation, at a recent meeting, decided to harmonise customs procedures and documentation with a view to expediting the release of products at the ports of the member countries. In a bid to gear...
The Election Commission (EC) has halted its planned November 22 meeting with Saifur-led BNP faction, CEC ATM Shamsul Huda said Monday, reports bdnews24.com. The decision came a day after the High Court put a four-week freeze on the main polls...
ISLAMABAD, Nov. 19 (Agencies): Pakistan's opposition refused to attend a meeting called by the Election Commission today to discuss a code of conduct for parliamentary polls that the US says won't be fair under emergency rule. ``The entire opposition will...
FE ReportThe US dollar appeared stable against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market despite higher demand for the greenback, fund managers said.The market was active due to trading in the international market, they said.The inter-bank...
SINGAPORE, Nov 19 (AFP): Southeast Asian ministers Monday adopted a charter committing the region to promote human rights and democratic ideals, at the start of a summit dominated by the abuses of member state Myanmar."It will take us an important...
The government nominated three-member panels of Mayor for all of the country's six city corporations, as all but one seat of the city fathers have fallen vacant following their detention, reports UNB."The nominated panel mayors, in absence of the city...
Our CorrespondentCHITTAGONG, Nov 18: Chittagong Port (CP) magistracy in a mobile court campaign during last 10 months, recovered 1,257 kathas of land worth around Tk 2.50 billion (250 crore) from the clutch of unauthorised occupants, sources said.According to the CPA...
FE ReportNCC Bank Ltd held a conference of the executives and officers of Sylhet-based branches at Parjatan Motel in Sylhet Saturday.Chairman of the bank Tofazzal Hossain was present on the occasion as the chief guest.Executive vice presidents (EVPs) TM Faruque...
FE ReportIslami Bank Bangladesh Limited (IBBL) has taken a decision to distribute relief goods worth Tk 30 million in the first phase among the cyclone-affected people.This relief distribution and rehabilitation programme will be conducted by different branches of the bank...
United Commercial Bank Ltd (UCBL) has decided to donate Tk 2.5 million (25 lakh) to the Chief Adviser's Relief and Rehabilitation Fund for the cyclone-hit people.
JAMALPUR, Nov 18 (UNB): Sugarcane crushing began in Zeel Bangla Sugar Mills here Friday with a target to produce 10,075 lakh tonnes of sugar by crushing 1.30 lakh sugarcane this fiscal (2007-2008).Chairman of Sugar and Food Industries Corporation Kabir M...
FE Report The government borrowed Tk 8.0 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day...
Our CorrespondentBRAHMANBARIA, Nov 18: Army-led joint forces held a view-exchange meeting with Brahmanbaria Chamber of Commerce and Industry (BCCI) about current situation of commodities price in the district recently, sources said.Joint Forces Commander (Brahmanbaria Army Camp) Lt Col Md Mostafizur...
FE Reportbanglalink post-paid customers would enjoy services such as bill payment through branches of the Mutual Trust Bank Ltd along with auto debit facilities.An agreement, in this regard, was signed between banglalink and Mutual Trust Bank Limited in the city...
FE ReportThe Institute of Cost and Management Accountants of Bangladesh (ICMAB) observed the 30th anniversary of the enactment of CMA statute (LIII 1977) at ICMA Bhaban in the city recently.Presided over by ICMAB President Mamtaz Uddin Ahmed, the programme was...
FE ReportTata Steel - the world's sixth largest steelmaker - completed its centenary in August this year, and the occasion was celebrated with much pomp and enthusiasm at the company's genesis ground and first steel plant, Jamshedpur. As a tribute...
FE ReportBank Asia Ltd distributed 'Higher Studies Scholarships-2007' among poor and meritorious students of Tarail Upazilla in Kishoreganj at a programme on its Tarail branch premises Saturday.President and Managing Director (MD) of the bank Syed Anisul Huq presided over the...
Our CorrespondentBRAHMANBARIA, Nov 18: National Life Insurance Company Limited (NLICL) disbursed over Tk 0.11 million (One lakh twelve thousand) as death claim of late policyholder Safikuzzaman Khan of Kasba-Akhaura model area.High official of NLICL handed over the cheque for the...
Most of the essentials, including rice, flour, lentil and soybean were sold at cheaper prices in BDR run sales centres and markets in the city in comparison to ordinary city markets, reports BSS.According to a market report of the Bangladesh...
Recommendation of dividendBD Hotels: The board of directors of Bangladesh (BD) Hotels has recommended 35 per cent cash dividend on ordinary shares and 8.0 per cent dividend on the preference shares for its shareholders for the year 2006. The annual...
ISLAMABAD, Nov 18 (AFP): The number two US diplomat on Sunday urged embattled President Pervez Musharraf to end the state of emergency in Pakistan before upcoming elections and restart talks with the opposition.John Negroponte said Pakistan's people deserved better than...
LONDON, Nov 18 (AFP): The head of the British army has reportedly warned of serious overstretch and morale problems among troops in excerpts from a high-level report.Sir Richard Dannatt said that the present level of operations was "unsustainable", the army...
SINGAPORE, Nov 18 (Reuters): Southeast Asian countries are pushing ahead with regional free trade as they are scared of being left behind by Asia's economic powerhouses, China and India, government ministers told a conference on Sunday. The Association of South...
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