Siddique Islam The Bangladesh Bank (BB) will, for the first time, launch an online monitoring system to know both the actual position of opening letters of credit (LCs) against imports and settlement situation to ensure smooth supply of the essentials...
Key leaders of Awami League (AL) and Sammayabadi Dal Wednesday urged the caretaker government to lift the state of emergency at a realistic time instead of lifting it two months ahead of each election, reports UNB.CEC ATM Shamsul Hud said...
BNP Secretary General Khandaker Delwar Hossain Wednesday said, the Caretaker Government (CG) had been mandated to stage national elections to hand over power to an elected government, and so, other elections should not be on its agenda, reports bdnews24.com. "The...
The High Court (HC) Wednesday stayed the proceedings of a graft case against detained Beximco Group vice-chairman Salman F Rahman. Passing the interim order upon a petition, a division bench, comprising Justice Shah Abu Nayeem Mominur Rahman and Justice Zubayer...
Dhaka Stock Exchange (DSE) has announced a six-day holiday on account of Lailatul Qadr and Eid-ul-Fitr from October 10 to October 15. The six-day holiday was announced as the DSE board decided that there would be no trading on October...
The High Court (HC) Wednesday declared the detention of Nurul Islam Babul, chairman of Jamuna Group, illegal. A division bench, comprising Justice Shah Abu Nayeem Mominur Rahman and Justice Zubayer Rahman Chowdhury, ordered the government to release Babul forthwith, if...
Doulot Akter MalaExport of country's frozen foods to the US market has dropped by nearly 60 per cent recently.Exporters claimed that the overall export showed a sluggish trend, specially to the US market, as they were facing stiff competition from...
S M JahangirThe entire customs and tax administration under the National Board of Revenue (NBR) will undergo major upgradation and modernisation from the next financial year.The government in association with the World Bank (WB) is set to launch a programme...
FE ReportThe government is going to allow the Asian Development Bank (ADB) to appoint a consultant for preparation of a detailed design of the proposed Padma Bridge setting aside the Public Procurement Regulations (PPR).The Economic Relations Division (ERD) has recently...
M Azizur RahmanThe US-based gas field blowout prevention firm, Boots & Coots, the lone bidder for plugging gas seepage at Titas gas field in Brahmanbaria, has reduced its quoted price by US$ 3.3 million.The company, which quoted $ 10.7 million...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) Wednesday declined after two-days' of surge due to profit taking by the investors.Trust Bank shares, which triggered the two-day rally declined 10.03 per cent to Tk 822.50 on the day and...
Refayet Ullah MirdhaThe three-member committee, formed to offload shares of state-owned Bangladesh Shilpa Rin Sangstha (BSRS), has recommended the government to raise its paid-up capital from the reserve fund before listing on the stock exchanges.Earlier, the committee comprising Investment Corporation...
The National Registration and Database Ordinance 2007 would be promulgated before the start of voter listing work in Dhaka City Corporation (DCC) areas on December 1, reports UNB."The use of national identity (NID) cards for availing 22 designated facilities and...
Bangladesh Bank (BB) Wednesday instructed a few commercial banks to devise suitable transaction mechanisms for Beximco and Bashundhara groups to facilitate their businesses in absence of the detained owners, reports UNB.The instruction was given amid requests that the two large...
An alleged terrorist was killed in an encounter with RAB and a mugger died after mass beating in the city Wednesday, reports UNB. The terrorist was killed in a shootout between his cohorts and members of Rapid Action Battalion (RAB)...
The leader of the BNP's reformist faction Abdul Mannan Bhuiyan Wednesday called for a united BNP that rose above divisions within the party, reports bdnews24.com. "The BNP has to participate in the next elections as a united party. That's why...
FE ReportThe US dollar remained steady against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money rate was also steady despite withdrawal of large amount of...
The Jatiya Party (Monju) Thursday asked the chief election commissioner to declare terrorists and war criminals ineligible for the polls. Its leaders also tabled a 14-point charter of demands during their dialogue with ATM Shamsul Huda on electoral law reforms....
The Supreme Court Thursday overturned the High Court rule and froze the bail to former prime minister Khaleda Zia in GATCO corruption case. A seven-strong full bench of the Appellate Division led by chief justice M Ruhul Amin also ruled...
A Dhaka court Thursday sentenced Harris Chowdhury, a close aide to former prime minister Khaleda Zia, to three years in jail for illegally possessing foreign currency. Judge Syed Jahed Mansur of Dhaka Metropolitan Special Tribunal-9 also fined him Tk 10,000...
Authorities have extended the detention of Awami League general secretary Abdul Jalil by three months, a senior prisons official said Thursday. It was the third extension since June 3 when he was sent to jail. Deputy inspector general (prisons) Shamsul...
The two major political camps set aside their see-saw rivalry Wednesday to put a squeeze on the military-backed interim administration to end emergency rules sooner rather than later. BNP secretary general Khandaker Delwar Hossain and senior Awami League leaders aired...
THE upbeat mood of the country's stock market does otherwise provide a positive indicator about its economy, notwithstanding the sluggish investment scenario and other disconcerting signals about production-oriented and employment-generating activities amid the persistent unease over the price situation. The...
Humayan KabirA few developed countries are engaged in unabated polluting activities. But the entire humanity has to pay the devastating price for it. This situation has heightened the concern over the worldwide environmental insecurity. Concerted international actions are considered urgent...
Samuel BrittanIT could not be more trivial. Forget completely public policy. Today's British political discussion is not about the result of the next election, personalities of party leaders or even the race to become one when there is a vacancy....
Ahmed Showkat MasudGLOBAL economy has been changing rapidly. Our country is not a isolated one from the global economy. We have seen how the price-hike in the international market influences the prices of commodities in the domestic market.Our government announced...
India already has free trading arrangements with some of its neighbours. Sri Lanka, for example, signed an FTA agreement with India and this led to substantial increases of Sri Lanka's exports to India and notably increased foreign investments in that...
I would like to draw attention of the concerned authorities of the government to the need for facilitating arrangements to produce electricity from the solar source. The most serious problem now facing Bangladesh in its uphill task of promoting development...
Yoolim LeeAt Singapore's Bistro Fabulous, men and women from the U.K., Germany, Russia and China, dressed in sandals and T-shirts, mingle with locals as they sip drinks and nibble on chicken satay and spring rolls. It could be a typical...
Will McSheehy and Arif SharifThe Persian Gulf states, flush with cash from burgeoning oil revenues, are buying overseas assets at a record rate and countering the paucity of acquisitions hampered by the summer's surge in corporate borrowing costs. Abu Dhabi...
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