STOCKHOLM, Nov 7 (BSS): Bangladesh will hopefully become a major development partner of Sweden.Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury said this while talking to the media after his meetings with Swedish Foreign Minister Carl Bildt and Development Cooperation Minister...
Liberal Democratic Party (LDP) chairman Colonel (retd) Oli Ahmed Wednesday demanded that the government make a list of the collaborators of the Pakistani occupation forces during the War of Liberation and try them, reports bdnews24.com. The LDP president made the...
KHULNA, Nov 7 (UNB): Investigation officers (IOs) of the cases filed against Khulna City Corporation (KCC) Mayor Sheikh Tayebur Rahman have applied to the Ministry of Home Affairs to bring three of the seven cases under the Emergency Power Rules...
Bangladesh Nationalist Party (BNP) acting secretary general Hafizuddin Ahmed Wednesday condemned attack on party standing committee member Mahbubur Rahman near Shaheed Zia's graveyard and demanded punishment of the attackers, reports UNB.In a statement, Hafiz said the BNP is a democratic...
LONDON, Nov 07 (Agencies): Crude oil and gold prices surged to fresh highs Wednesday amid renewed dollar weakness as investors sought refuge from a second wave of credit turmoil. The closure of several North Sea oil production platforms because of...
Acting BNP chairperson Saifur Rahman Wednesday said that BNP was united under the leadership of Khaleda Zia and whatever differences were there in it would be resolved through discussions, reports UNB."We're imbued with BNP's ideals, they are too. Initiatives are...
BNP standing committee member Lt Gen (retd) Mahbubur Rahman was assaulted while party leaders Mayor Sadeq Hossain Khoka and Maj Gen (retd) ZA Khan were chased by pro-Khaleda supporters near late President Ziaur Rahman's graveyard Wednesday, reports UNB.Police picked up...
Shahiduzzaman Khan The chairman of the Regulatory Reforms Commission, Akbar Ali Khan, said this week that non-governmental organisations (NGOs) must go through massive reforms to benefit the poor. A former adviser to the caretaker government, Akbar was critical of the...
Shakhawat Hossain The government has brought about changes in the annual development programme (ADP) guidelines by incorporating a cost-escalation provision into the same, sources said.The cost-escalation provision, however, will be applicable to more than one-year old ADP projects, said a...
A strong earthquake, measuring 6.0 on the Richter Scale, jolted a number of districts of the country's south-east region along the Bangladesh-India border Wednesday afternoon, causing cracks to many buildings, report bdnews24.com and UNB.The epi-centre of the tremor, felt at...
Javier Blas, FT Syndication Service LONDON: Poor countries are likely to have to cut food consumption after an "alarming" increase in their agricultural commodities bill, the United Nations' Food and Agriculture Organisation warned on Wednesday. The FAO said its biannual...
FE ReportShares worth Tk 1.22 billion of seven companies that are in the pipeline are expected to be floated in the country's stock market within next few months.The companies -- Jamuna Oil, Meghna Oil, Rupali Life Insurance, Delta Brac Housing,...
WASHINGTON, NOV 7 (Agencies): Congress and the US government are taking a second look at American aid to Pakistan after President PervezMusharraf's declaration of emergency rule and a crackdown on hispolitical opponents.However, US officials are concerned about going too far...
FE ReportThe gold price in the local market rose further Wednesday due to price hike of the precious metal in the international markets.The local market operators attributed the price hike of gold to world's volatile political situation, higher cost of...
The 3rd Karnaphuli Bridge on the Karnaphuli in Chittagong is likely to be opened to traffic before the schedule, as its work is going on in full swing. The work of the much-awaited bridge, costing Tk 5.90 billion with 950-metres...
Indian government has raised export price of rice by $115 per tonne to $425 discouraging the importers. While relaxing restriction on rice export, the Indian government in a circular on November 4 said, "rice cannot be exported to Bangladesh at...
Bengal Group owner Abul Khair Litu was freed on bail Wednesday after five months in jail. DIG (prison) Major Shamsul Haider Siddiqui said, We received Litu's bail order from the High Court Tuesday night, and he was freed shortly after...
A 27-member business delegation from Bangladesh will be visiting Oman from November 10, seeking to strengthen economic and trade ties between the two countries. During the three-day visit, the delegation from the Federation of Bangladesh Chambers of Commerce and Industry...
Refayet Ullah MirdhaPrices of edible oil both in the local and international markets have reached their highs in 33 years following diversification of usage of the crop and higher freight rate.Given the situation, the market operators apprehended that both consumption...
FE ReportThe country's power supply situation has aggravated further due to suspension of two big power units.Sources in the Power Development Board (PDB) Wednesday told the FE that due to gas supply shortage the Board suspended the 210-megawatt (MW) power...
FE ReportThe Planning Commission (PC) is likely to allocate funds to some new development projects under the post-flood rehabilitation programmes.Sources in the PC said the commission will sit at a meeting on November 11 and might allocate funds to the...
FE Report Primary dealers (PDs) will make a proposal to the central bank to take an initiative for setting up a separate platform at the Dhaka Stock Exchange (DSE) for trading in only government-approved securities to bring dynamism in the...
FE Report A high-level meeting with the country's major donors, slated for this month, has been postponed in view of the government's lack of preparations, a top official said. The bi-annual Poverty Reduction Strategy (PRS) Implementation Forum meeting, which was...
M Azizur RahmanUS oil giant Chevron has planned to conduct a three-dimensional (3D) seismic survey at northeastern Moulavi Bazar under Block 14 in January 2008 to explore new gas reserve.The survey will cover around 152 square kilometers of area that...
FE Report The World Bank (WB) has proposed a nine-point action plan for the Bangladesh Bank (BB) to expedite the implementation of ongoing central bank strengthening project (CBSP).The plan covers procurement of information technology (IT) packages.A WB team that concluded...
FE ReportPrices of fine and coarse varieties of rice in the city's wholesale market are too high compared to those at millers' level across the country, sources said.They said prices of per maund of fine and coarse rice, including the...
Cement manufacturers are in trouble due to a slump in construction activities against the backdrop of a steady rise in output costs, reports bdnews24.com. "Local demand for cement is very poor. It appears that the construction sector is in depression...
FE Report The government has appointed Golam Rabbani, a joint secretary, as the chief executive officer (CEO) of the newly-established Regulatory Reform Commission.In addition, five deputy secretaries have been transferred to the commission secretariat, housed at the Board of Investment,...
FE ReportA 49-member trade delegation will visit Malaysia on November 12-15 aiming to reduce Bangladesh's trade deficit with that country.The delegation, comprising importers, exporters and investors from different trade bodies, will attend the INTRADE Malaysia 2007, organised by Bangladesh- Malaysia...
The National Board of Revenue (NBR) has lately taken some welcome steps towards restoring the confidence of the business community. Such steps have come in the changed situation where measures have been taken to ensure compliance of the taxpayers through...
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