KABUL, Nov 6 (Agencies): Two bomb blasts targeted a group of lawmakers touring a factory north of Kabul Tuesday, killing at least 90 people, including six parliamentarians, the deadliest attack in Afghanistan since the fall of the Taliban in 2001,...
FE ReportSecurities and Exchange Commission (SEC) Chairman Faruq Ahmad Siddiqi Tuesday said the existing pricing system in the initial public offering (IPO) should be changed to encourage more entrepreneurs to go to the capital market."The absence of a modern IPO...
Twelve persons were sentenced to death and four others to life-term imprisonment by a Rajshahi Speedy Trial Tribunal (STT) Tuesday in a sensational triple-murder case of Bogra. STT Judge ATM Mesbahuddoulla delivered the verdict, acquitting another 24 persons of the...
The Anti-Corruption Commission (ACC) Tuesday issued orders for the transfer and posting of 23 deputy directors in line with its new organogram. "The ACC chairman has signed the orders endorsed by the director general (admin)," said sources. — UNB
The country will seek credit worth more than $300 million from China to implement its five bridge construction projects, sources said. The Ministry of Communication has selected the projects that include the construction of second Meghna and Meghna-Gumti bridges on...
Bangladesh Bank (BB) Tuesday re-fixed at Tk 20,000 the price of the commemorative gold coin, issued in 2001 to mark the UNESCO announcement declaring February 21 as the International Mother Language Day. — BSS
FE ReportBangladesh, ranked at 87, trails behind India and Pakistan in the region in terms of competitiveness in global trade logistics, thus undercutting the country's ability to connect to international markets, says a new World Bank study report. The report...
M Azizur RahmanCairn Energy Plc has informed the Petrobangla about the sale of its Bangladesh stakes to Australian oil and gas exploration and production company - Santos."Cairn has informed us about its sale of stakes to Santos recently," Petrobangla chairman...
Yaba queen Jannatul Ferdous alias Nikita, her brother and parents were sent to Dhaka Central Jail while her friend Mahbubur Rahman Joynal ((55) and his associate Shafiqul Islam Jewel placed under three-day police remand in two separate cases, report agencies.They...
Bangladesh Bank governor Salehuddin Ahmed Monday admitted that taka appreciation against the dollar could help reduce soaring inflation rate and cast a positive impact in the economy, reports bdnews24.com. Leading economists in the country have long been asking the central...
FE ReportAdditional Chief Metropolitan Magistrate (CMM) Gulam Rabbani Tuesday granted five days' police remand to managing director of the World Communication Investment Inc (WCII) Nayeem Mehtab Chowdhury. Members of the Rapid Action Battalion (RAB) rounded up Nayeem Mehtab Chowdhury from...
FE Report The Bangladesh Bank (BB) has opened a special window for providing credit support to nationalised commercial banks (NCBs) to help import petroleum products by the Bangladesh Petroleum Corporation (BPC).The central bank issued an offer letter to the Agrani...
Raphael Minder, FT Syndication ServiceDUSHANBE (Tajikistan): Four countries are expected to give the green light this month to a project that would lead to the first significant electricity transfer from central Asia and help resolve seasonal power shortages in Pakistan...
FE Report The Bangladesh Bank (BB) again intervened in the inter-bank foreign exchange market Tuesday. The central bank sold US$20 million at market rates to two commercial banks on the day to meet the growing demand for the greenback, official...
Akbar Ali Khan, chief of the Regulatory Reforms Commission, said Tuesday that non-governmental organisations (NGOs) must go through massive reforms to benefit the poor, reports bdnews24.com. Khan, a former bureaucrat and adviser to the caretaker government, was critical of the...
FE ReportThe Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has taken a number of steps to tap potential overseas apparel markets.Salam Chowdhury, chairman of the Trade Fair of the BGMEA, said while exchanging views with newsmen at the premises of...
Jasim Uddin Haroon The turnaround time of vessels at the country's premier Chittagong port has considerably been reduced in October as a result of speedy handling of export-import cargo.The turnaround time or stay-time of vessels, which begins from the arrival...
FE ReportAir Slovakia, a Slovakian airline, announced Tuesday operation of its commercial flight linking Dhaka once a week.The airline will start its flight on December 6 on the route -- Dhaka to London-Bratislava-Vienna-Bologna (Italy). Flight fare from Dhaka to London...
FE ReportStock prices slightly declined Monday on the Dhaka Stock Exchange (DSE) is the investors decided to exercise caution following the suspension of trading of Rupali Bank shares.The DSE management decided that the trading of the Z-category Rupali Bank share...
FE ReportThe Securities and Exchange Commission has cancelled more than 100,000 Beneficiary Owner (BO) accounts, primarily for the failure to pay the annual 'maintenance' fee within September 30 last by the account holders concerned, according to sources.Some BO accounts were,...
A Z M AnasAs part of an alternative strategy, the government is likely to go for a fresh international tender to help attract "authentic" bidders for Rupali Bank if the proposed sell-out of the largely state-owned bank is further delayed....
FE ReportNational Board of Revenue (NBR) Chairman Muhammad Abdul Mazid said Monday the board will take adequate steps to help restore business confidence.He said the board has been expediting the process to solve the problems relating to frozen accounts of...
Detained BNP chairperson Khaleda Zia has sent a message through her lawyer Shamsur Rahman Shimul Biswas, saying that Khandaker Delwar Hossain is the party's secretary general, reports UNB.BNP Acting Office Secretary Rizvi Ahmed on behalf of Shimul Biswas conveyed Khaleda's...
Jude Webber in Buenos Aires and Javier Blas in London, FT Syndication ServiceArgentina is set to restart its wheat exports, which were halted in March to guarantee supplies for the domestic market, in a move that could help to ease...
Ending all speculations, the Election Commission (EC) eventually sent its letter to Maj (retd) Hafizuddin Ahmad inviting the reformist faction of BNP to sit for dialogue on electoral reforms, leaving their rivals on the sidelines, reports UNB."The Commission has unanimously...
Acting president of Awami League (AL) Zillur Rahman Monday demanded that his party chief and ex-Prime Minister (PM) Sheikh Hasina be set free as he said she won't go into hiding if released, reports UNB."To grant bail to Sheikh Hasina...
FE Report The Bangladesh Bank (BB) has cleared the Social Investment Bank Limited (SIBL), a private commercial bank, from its list of problem banks for achieving significant improvements in its financial position.The central bank issued a letter to the SIBL...
FE Report The election of the Federation of the Bangladesh Chambers of Commerce and Industry (FBCCI) has been deferred further, following the extension of the period of stay order by the High Court (HC) for one month ending December 4...
Detained former prime minister Khaleda Zia, in a writ filed in the High Court Monday, challenged the refusal of NBR to accept her income tax on undeclared income. The petition said, she had deposited Tk 9,45,000 as tax on her...
The government has appointed former secretary Golam Rahman chairman of Bangladesh Energy Regulatory Commission (BERC) to a three-year contractual term. An official announcement Monday said, "The appointment was given as per the BERC Act 2003." He replaced acting chairman Khalilur...
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