COLOMBO, Oct 11 (AFP): Alastair Cook hit a masterly 80 as England thrashed Sri Lanka by five wickets in the fourth one- day international here Wednesday to clinch their first series win in the subcontinent for 20 years. The 22-year-old...
Visiting ADB vice president Liqun Jin Thursday reaffirmed the development bank's commitment to help Bangladesh unlock its potential for economic and social development, reports UNB."Let us take this opportunity to look back with some satisfaction at the progress that has...
FE ReportThe government's tax-revenue collection grew by more than 18 per cent during the first quarter (Q1) of the current fiscal over the corresponding period of last fiscal, thanks to an unusual rise in the mobilisation of income tax through...
BNP and Awami League (AL) have rejected former President Professor Badruddoza Chowdhury's call for a National Consensus Government.BNP Chairperson Khaleda Zia from a makeshift jail has brushed off Chowdhury's proposition for such a government before the holding of general elections."There...
Bangladesh is unlikely to be de-listed from the US GSP list for tariff concessions against its exports to the US, said the government officials in the city Thursday, reports UNB."There is no possibility of de-listing… no reason to get panicked,"...
FE ReportThe government has decided to lease out its eight jute mills to the private sector to revitalise the country's public jute sector, which recorded an accumulated loss worth Tk 47.70 billion until 2006.The decision on leasing out the mills,...
FE Report Opening of fresh letters of credit (LCs) against imports have increased by 23.35 per cent during the first quarter (Q1) of the current fiscal against the corresponding period of the previous fiscal, official sources said. The import LCs...
FE Report The inter-bank call money rate remained stable Thursday, before money market closed for the Eid-ul-Fitr holiday, despite heavy withdrawal of cash from the banking system. "The call rate is still stable mainly due to excess liquidity in the...
FE Report The National Moon Sighting Committee will hold a meeting today (Friday) evening at the Islamic Foundation conference room to fix the date for celebration of Eid-ul-Fitr after reviewing reports on sightings of the Shawal moon.Adviser for the Ministry...
Joe Leahy FT Syndication ServiceMUMBAI: India's shortage of computer science PhDs is so dire that it threatens the country's role as the world's information technology services outsourcing hub, according to the chairman of Microsoft India. Although many Indians pursue post-graduate...
A high-level meeting of the government Thursday discussed the modus operandi of 'Bangladesh Better Business Forum' being formed to strengthen public-private business entrepreneurship. At that meeting the CA proposed for the formation of this new business forum, as the interim...
A private university student was slaughtered by unknown terrorists on the rooftop of his home at Mohammadpur in the city early Thursday. The deceased was identified as Faisal Ahmed (22), son of MA Hannan and student of Civil Engineering Department...
Bangladesh Bank (BB) and all scheduled banks will remain closed on October 12 on the occasion of holy Juma'tul Wida and on October 13, 14 and 15 for holy the Eid-ul-Fitr, said a BB release. — UNB
Metropolitan magistrate Md Mizanur Rahman Thursday permitted the Anti-corruption Commission (ACC) to quiz detained Awami League (AL) general secretary Abdul Jalil in hospital, reports bdnews24.com. The decision follows an appeal from the Commission's deputy director Md Enamul Huq Chowdhury who...
FE ReportEconomists said Thursday that the government would need to open up fertiliser distribution system to ensure increased supply of the input in the coming Rabi and Boro seasons to overcome the losses caused by the recent deluge."If adequate fertiliser...
FE ReportThe Metropolitan Chamber of Commerce and Industry (MCCI) urged the government to take into consideration the concerns of the business community in taking the final decisions on some crucial issues of the Bay of Bengal Initiative for Multi-Sectoral Technical...
Refayet Ullah MirdhaMost of the garment factory owners have completed paying the salaries and benefits to their workers on the occasion of Eid-ul-Fitr festival by Thursday as stipulated by the government.Talking to the FE, vice-president of the Bangladesh Garment Manufacturers...
M Azizur RahmanThe government signed Thursday agreements with all the selected bidders to set up ten independent small power plants (SPPs) for augmenting electricity supply across the country."The relevant government agencies of the power and energy sectors signed the agreements...
FE ReportTwo Bangladeshi construction workers were found murdered at a squatter house in Kampung Berembang, Jalan Ampang in Malaysia Thursday morning, the Star online of Malaysia said. It said a neighbour found the duo at about 8.15am when he went...
Doulot Akter MalaThe government is likely to declare 14 non-resident Bangladeshis (NRBs) as commercially important persons (CIP) on the basis of their investment, remittance and imports. It has, for the first time in history of Bangladesh, selected the CIPs to...
British novelist Doris Lessing won the 2007 Nobel Prize for literature Thursday for a body of work that looked unflinchingly at the ills of the society, and also inspired a generation of feminist writers, reports Reuters from Stockholm. The Swedish...
Bangladesh Telecommuni-cation Regulatory Commission (BTRC) has realised a part of a compensation of Tk 1.25 billion (125 crore) from Sheba Telecom (Pvt) Ltd, the operator of Banglalink mobile phone, for loss of government revenues due to the company's involvement in...
Naim-Ul-KarimWholesalers of low-priced clothes meant for distribution as 'Zakat' are going through a dull business as their sales have plummeted by nearly 50 per cent, market sources said.They said this year the wholesalers at the city's Islampur, Bangabazar, Islamiya Market,...
FE Report The Bangladesh Bank (BB) has identified some downside risks, including adverse impact of oil price and commodity price hike in the global market, in the economy during the current fiscal. "In light of the recent floods, the near-term...
FE ReportFinance and Planning Adviser AB Mirza Md Azizul Islam Wednesday stressed the need for increasing the prices of gas, power and fuel oil to bring discipline to the national budget and help in reducing its deficit."The subsidy-based financing of...
Shahiduzzaman KhanWith the second phase of the floods, damage to aman crop and a global rise in the price of basic food commodities, the northern districts of the country are likely to face difficult times in the months ahead. Economists...
BNP secretary general Khandaker Delwar Hossain and joint-secretary general Nazrul Islam Khan stated in one voice that the proposed government of consensus for 10 years needed constitutional sanction and consent of the people, reports UNB.Talking to journalists at Delwar's NAM...
FE Report The National Board of Revenue (NBR) has rejected the latest move by former prime minister Khaleda Zia on disclosure of an additional undisclosed income of nearly Tk 4.0 million, sources said.The high-ups of the revenue board, which reviewed...
The government formed a Science and Technology Promotion Trust aiming to popularise science at grassroots level through various promotional activities across the country. In this regard, Chief Adviser Dr Fakhruddin Ahmed has approved a draft following an initiative of the...
The government formed a Science and Technology Promotion Trust aiming to popularise science at grassroots level through various promotional activities across the country. In this regard, Chief Adviser Dr Fakhruddin Ahmed has approved a draft following an initiative of the...
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