Refayet Ullah MirdhaThe proposed hike in the price of land and rise in charges for the purpose of registration will affect the real estate business, according to those involved in real estate business.Such insiders told the FE that the real...
Naim-Ul-KarimThe government is planning to start construction of 22,000 flats at an estimated cost of around Tk 41 billion for medium and low-income people at Mirpur in the city."We have finalised the project and submitted it to the higher authority...
Awami League (AL) chief Sheikh Hasina's personal wealth is estimated at Tk 20 million (2 crore) including Tk 11.90 million (1.19 crore) interest of savings from 1981, her counsel Sunday disclosed it in the city to reporters, reports UNB.Hasina, who...
FE ReportThe price correction of some major companies cast a negative impact on the indices on the Dhaka Stock Exchange (DSE) Sunday, first trading session of the week.Market operators said the withdrawal of the financial adjustment facility of 'A' and...
FE Report The Federation of Chambers of Commerce and Industry (FBCCI) has decided to hold the election to its board of directors for 2007-09 period in late November.Sources at the election board of the FBCCI said the polls might be...
FE Report The Bangladesh Bank (BB) has directed all banks to submit information about the bank accounts and the financial statements of 198 individuals including high profile political leaders by August 08.The central bank has already sent the list of...
Rajuk's picks and hammers will continue to tear down the much-talked-about 22-srtoried Rangs Bhaban, as the Supreme Court (SC) Sunday turned down the owners' plea for a halt through staying operation of the apex-court ruling that declared illegal construction beyond...
BGMEA President Anwar-ul-Alam Chowdhury Parvez Sunday requested World Bank Country Director Xian Zhu to discuss with the government the issues affecting the growth of the country's RMG sector, reports UNB."It's not possible for the BGMEA alone to develop the sector...
FE ReportThe government will lose tax revenue worth Tk 170 million (17 crore) due to the exemption of duty on date for two months to help the local consumers buy the product at reasonable prices during Ramadan, sources said.The National...
FE Report Foreign adviser Iftekhar Ahmed Chowdhury said Sunday the government will enact a new law soon to stop levelling of hills in Chittagong and other areas in the country. He was addressing as chief guest at a seminar on...
FE ReportThe TK Group of Industries will set up an import-substitute caustic soda manufacturing plant in Dhaka early next year to meet the growing local demand. The group, which has a combined annual turnover of about Tk. 35 billion, owns...
The former deputy chief of India's external intelligence agency, Research and Analysis Wing, better known as RAW, says that India was not the architect of an independent Bangladesh. "India's role was more of a facilitator than a creator. It was...
The High Court Monday asked the government to explain why August 15, the day Bangabandhu was assassinated, would not be declared a national mourning day and public holiday. The government is also to explain why the decision to cancel the...
An adviser Monday said the government would not question people on the source of aid to flood victims in what appeared a desperate attempt to get financial assistance to fight the flood fallout. "We will welcome anybody if they come...
Dhaka, Sept 5 (bdnews24.com) – Businessmen Wednesday asked the government to ensure a fearless environment for businesses. They said bringing confidence back to the mind of the businessmen was important to rein in the soaring prices of essentials—a concern that...
FE ReportBangladesh Krishi Bank (BKB) held the 4th quarterly general managers' conference at its board room in the city recently. BKB Managing Director M Fazlul Haque presided over the meeting.The opinion of the respective general managers at field level was...
Google has refused to deny mounting speculation that it is working to produce its own brand mobile phone, reports BBC. Reports suggest that the web giant is developing a series of"GPhones", centred on its mobile services, such as search, e-mail...
BEIJING, Aug. 4 (Xinhua): China's export volume of ships hit a record high of 5.49 billion US dollars in the first half of the year, up 61 per cent over the same period last year, according to figures from the...
BEIJING, Aug 4 (AFP): China has temporarily banned aquatic products from Indonesia after finding bacteria and chemicals in excessive amounts in some imports from the Southeast Asian nation, state media said today. All fish and other seafood products from Indonesia...
NEW YORK, Aug 04 (AFP): The dollar slumped yesterday to a 10-day low against the euro after US data showed a weaker- than-expected rise in new jobs, underlining sluggishness in the world's biggest economy. The jobs report sent the euro...
BRUSSELS, Aug. 4 (Xinhua): The eurozone retail trade picked up by 0.4 per cent in June, compared to the previous month, the European Union's statistics bureau Eurostat said yesterday. Year on year, the volume of retail trade grew by 0.9...
NEW YORK, Aug 4 (BSS/AFP) - World oil prices fell yesterday as traders wrapped up a volatile week that saw New York crude strike a record high 78.77 dollars per barrel on concerns over tight supplies. New York's main futures...
The garments sector is passing through a hard time because of soaring prices of yarn in the international market and floods in the country, the sector's leaders have said, reports bdnews24.com.The prices of yarn have increased by up to 22...
Our CorrespondentCHITTAGONG, Aug 4: Commodity storage should be expanded to keep the prices of essentials at a tolerable level. Side by side, import of the goods from abroad at the government level is required, otherwise it would not be possible...
Prices of most of the essentials are comparatively cheaper at BDR-run open markets and sales centres than the prices of such goods in ordinary city markets, a market report of the Bangladesh Rifles (BDR) said Saturday, reports BSS. But, the...
FE ReportDhaka Bank Limited (DBL) and Katalyst signed a memorandum of understanding (MoU) for promoting a small and medium enterprises (SME) loan product for quality management services. Under the product, SMEs seeking to obtain ISO/HACCP and other such certifications will...
FE Report A training course on 'Foreign Exchange Derivatives' organised by the Islami Bank Bangladesh Limited (IBBL) International Banking Wing was held at the IBBL head office in the city Saturday. IBBL Executive President M Fariduddin Ahmad was present in...
FE ReportIndustrial Development Leasing Company of Bangladesh Limited (IDLC) has recently changed its name to IDLC Finance Limited to meet and accurately reflect the evolving nature of its business in the field of financial services.Since its inception in 1985, IDLC...
FE Report The Institute of Chartered Accountants of Bangladesh (ICAB) inaugurated its central library on the library premises of the Chartered Accountant Bhaban at Karwan Bazar in the city recently. In this connection, the ICAB family organised a ceremony on...
JESSORE, Aug 4 (UNB): The joint forces unearthed four spurious fertiliser factories in Sadar upazila Friday.Joint forces along with an agriculture officer and a magistrate conducted drive in Lebutola, Noapara and Hashimpur areas of the upazila.They seized huge quantities of...
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