THE sales of apartments have markedly dropped in recent months, throwing the real estate sector in a real crisis. One major reason for the drop in sales thereof can be ascribed to the changed fiscal and other related factors, making...
IT is a welcome development that the concerned authorities have taken steps to re-open the educational institutions -- colleges and universities -- in major cities of the country. The re-opening will facilitate the pursuit of normal academic life in higher...
Ruth Rosen Disgraceful, shameful, illegal, and yes, dangerous. These are words that come to mind every time the Bush administration makes yet another attempt to consolidate executive power, while wrapping itself in secrecy and deception. And its officials never stop....
Maya JaggiWHEN Ken Livingstone, Mayor of London, launched the city's three-month India Now festival by sailing a replica Taj Mahal down the Thames in July, his aim was not simply to look back on 60 years since independence but to...
Simeon Kerr from DubaiTHE head of a Middle Eastern sovereign wealth fund recently admitted to the ambivalence that oil-rich Gulf Arabs feel when considering China: "I know we have to invest, but is anyone really making money there?"The Middle East...
Joe Leahy from Hong KongSRI Lanka is expected to put on hold its first foreign sovereign debt offering following the turbulence in global credit markets.The $500m offering, which Colombo was expected to launch at the end of the summer, has...
SAVAR, Sept 9 (UNB): Chief Adviser (CA) Fakhruddin Ahmed has asked the young government officials to always remember they are servants of the Republic and functionaries of a democracy where people are passionate about their rights.The CA said this while...
Russia is willing to extend cooperation to Bangladesh in setting up a nuclear power plant for production of nuclear energy to meet an insatiable demand for power.Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury said this while talking to the press...
The police will act on "lawful order" under a new law in the making to replace the outmoded one, as massive changes are now taking place in the country, reports UNB."When the Police Act was introduced in 1861, the rule...
Our CorrespondentCHITTAGONG, Sept 09: The District Task Force Committee (DTFC) met Sunday at Chittagong Circuit House to discuss measures to keep the price of different essential items tolerable in the upcoming holy month of Ramadan.Deputy Commissioner Ashraf Shamim presided over...
The caretaker government is going to procure 0.10 million (1 lakh) metric tonnes of imported wheat from local suppliers to replenish the food stock, reports UNB.The Advisers Committee on Public Purchase Sunday approved a proposal of the Food Ministry for...
Despite receiving the inquiry report on his wealth statement about 45 days back, the Anti-corruption Commission (ACC) is yet to file any case against detained BNP senior joint secretary general Tarique Rahman as it is conducting further inquiry into his...
Chief Adviser Fakhruddin Ahmed announced Sunday lifting of ban on indoor politics today (Monday) to facilitate political parties' dialogue with the Election Commission ahead of the next polls, reports UNB.The prohibition on political activities was imposed on March 8 last...
Police Sunday submitted charge sheets in Chief Metropolitan Magistrate's (CMM) court of Dhaka against 36 persons in 10 cases, including four teachers, 27 students and five outsiders, for their involvement in the spell of violence started from the Dhaka University...
FE ReportThe rate of inflation on point to point basis in July last was 10.2 per cent, the highest in last one decade."The July inflation was 10.2 per cent," finance and planning adviser Mirza Azizul Islam told the FE, emerging...
FE Report The Bangladesh Bank (BB) has asked eight state-owned banks and financial institutions to intensify disbursement of fresh agriculture credit to the flood-affected farmers. Besides, the central bank directed the banks and financial institutions for taking necessary measures to...
The government has granted four licences to provide fixed phones services (PSTN) for Dhaka zone, a spokesman for Bangladesh Telecommunication Regulatory Commission (BTRC) said Sunday, reports bdnews24.com. RanksTel, Square Informatics and Dhaka Telecom-each has paid Tk 40 million (4.0 crore)...
FE ReportNational Board of Revenue (NBR) Chairman Badiur Rahman Sunday said the government will take stern action against those who fails to legalise undisclosed income by September 30.The undisclosed money holders will have to pay tax at a much higher...
A High Court (HC) bench, which was to hear three appeals for quashing corruption charges against Awami League chief Sheikh Hasina, dropped the petitions from its work list Sunday as her lawyers had wanted, reports bdnews24.com. The decision came after...
Detained BNP chairperson and former Prime Minister Khaleda Zia will seek remedy from the higher court against the corruption case filed by the ACC, her lawyers told reporters, reports UNB. Her lawyers, Advocate Ahmed Azam and Advocate Sanaullah Miah, had...
The prevailing flood situation in the country's northeastern part deteriorated further while north, north-central and south-central parts are under threat of a second spell of flooding that has so far killed 833 people since the outset, reports UNB.Health Department sources...
KHULNA, Sept 9: Some 5,500 temporary (badli) workers of six state-owned jute mills of Khulna-Jessore belt who are on strike since September 3 vowed Sunday to continue movement until their demands are fulfilled. The demands of the workers include increase...
A partial eclipse of the Sun will occur Tuesday. The eclipse will start at 16 hours 25 minutes 42 seconds (BST) and end at 20 hours 36 minutes 30 second (BST), said an ISPR release Sunday. The greatest eclipse will...
The government starts selling rice countrywide under its Open Market Sale (OMS) scheme from today (Monday) to keep rice price within reach during Ramadan. "Through OMS programme 1.18 lakh tonnes of rice will be sold in 64 districts of the...
The condition of Arafat Rahman Koko, now undergoing treatment in Bangabandhu Sheikh Mujib Medical University (BSMMU) hospital, remained stable Sunday, said Manzoor Mahmud, a member of the Medical Board formed Friday. Arafat, younger son of former prime minister Khaleda Zia,...
FE Report The Bangladesh Bank (BB) is going to start a re-financing scheme for the housing sector from this week aiming to meet one of the basic needs of the people. "We are hopeful about launching the re-financing scheme for...
A Z M AnasLocal cell phone goliath-GrameenPhone-will mobilise Tk 2.0 billion in loan from a group of institutional lenders led by Standard Chartered Bank to help finance its US$446 million capacity expansion plan."GrameenPhone (GP) is set to clinch a deal...
Jasim Uddin Haroon The construction of the Karnaphuli Container Terminal (KCT) in Chittagong that was due to start in July last will be delayed as the Ministry of Shipping (MoS) is busy handing over the operation of New Mooring Container...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) rallied for the consecutive 9th day Sunday amid a hefty turnover due to buying support from investors' end.Banks, insurance and power issues led the rally when the benchmark DSE General Index...
BNP Secretary General Khandaker Delwar Hossain Sunday slammed the Election Commission (EC) for inviting BNP's faction led by Abdul Mannan Bhuiyan to reform talks, marking it as the mainstream BNP, reports bdnews24.com."It's not the Election Commission's prerogative to determine party...
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