Doulot Akter MalaThe government has recently taken a decision to reduce the fees and taxes levied at the time of land registration which the National Board of Revenue (NBR) has feared will cause substantial revenue losses.In a recent inter-ministerial meeting...
Shakahwat Hossain The International Monetary Fund (IMF) will discuss a number of issues with government officials during the forthcoming visit of its team to Dhaka.The Washington-based multilateral lending agency will like to know from the government about the revenue impact...
FE ReportThe government approved Monday the International Long Distance Telecommunication Service (ILDTS) Policy-2007 to open up the voice over internet protocol (VoIP) service to private sector."Under this policy the government has decided to establish a three-tier telecom infrastructure -- international...
Violence spread through Dhaka University amid student protest against the alleged beating of some students by some army-men following altercation over watching a football match, witnesses said, reports UNB.At least 40 students were injured in the troubles that started following...
The growing death toll from flood-related incidents like drowning, waterborne diseases and snakebites rose to 587 with 23 fresh deaths reported in the last 24 hours until Monday morning, as many parts of the country still remained in the grip...
The Anti-Corruption Commission (ACC) has set a target to have 150 corrupt persons convicted by December 2008 if there is no act of god, reports UNB."At the current rate of inquiry, investigation and conviction in lower courts, we'll be able...
A huge quantity of clothes worth about Tk 50 million (5 crore) burnt to ashes as a garment factory went up in flames in the city's Shanirakhra area Monday afternoon, reports UNB.Fire Brigade sources said the fire originated from the...
M Azizur RahmanThe state-owned Petrobangla has asked its subsidiary, the Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX), to consider joint ventures with the international oil companies (IOCs) to conduct exploratory activities in its 'reserved' areas having complicated structures.The Petrobangla...
FE ReportThe Executive Committee of the National Economic Council (ECNEC) Monday approved the Padma Bridge and the voters' roll with photograph and national identity (ID) card projects.The Padma Bridge will be constructed at a cost of Tk 101.618 billion by...
The government has announced public holiday on August 30 (Thursday) instead of August 29 as the holy Shab-e-Barat will be observed on the night of August 29 (Wednesday). However, the offices which have their own rules for office timing and...
A Dhaka court Monday sentenced Jamaatul Mujahideen Bangladesh (JMB) leader Salahuddin to be hanged for murdering Hridoy Roy, a Christian youth converted from Islam in Jamalpur. Judge Md Israil Hossain of the Speedy Trial Tribunal Dhaka-4 handed down the verdict....
HABIGANJ, Aug 20: Work for digging a new well at Habiganj gas field of Shahjibazar started Monday expecting to produce 25 million cft gas from it daily. Petro Bangla Chairman Sheikh Abdur Rashid opened the digging work of well no....
Eighty-two business organisations will be given the National Export Trophy in recognition of their contributions to the country's economy in 2002-'03, 2003-'04 and 2004-'05 fiscal years. A list of the business organisations was finalised Monday at a meeting of the...
FE ReportThe government will launch its countrywide open market sale (OMS) of rice from September 10, aiming to help supply the item at a lower price to the poor segment of the people, especially during the Ramadan.Besides, the distribution of...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) Monday bounced back on the news that the National Board of Revenue (NBR) would not take any measure that might affect the booming share market. Market operators said investors regained...
FE Report The commerce ministry has asked the Export Promotion Bureau (EPB) to revise its proposed export target upward for the current fiscal considering the performances of some major items over the past five years.The instruction came at a meeting...
The Election Commission (EC) starts writing to political parties next week to discuss long-pending electoral reforms, the chief election commissioner (CEC) said Monday, reports bdnews24.com.The commission will also send drafts of the electoral laws to the parties along with the...
FE ReportBrac Bank, one of the country's fastest growing private sector bank, has been receiving encouraging response from the small and medium entrepreneurs as it is offering collateral-free loans for the SME sector."We are receiving tremendous response from the entrepreneurs...
FE ReportThe National Board Revenue (NBR) is taking allout efforts to achieve revenue collection target from value added tax (VAT) at Tk158.90 billion in fiscal 2007-08, sources said.They said the NBR has been considering some fresh moves to bring dynamism...
LONDON, Aug 20 (Agencies): Investors boosted stocks and moved back into other riskier assets Monday as immediate fears of a credit crunch waned following the US Federal Reserve's confidence-building move last week. Asian stocks rallied the most in three years.European...
MUMBAI (Agencies): Political uncertainty has deepened in India with the communist allies of the government hardening their stance against the nuclear deal with the US. The communists say the deal, under which India gets access to civilian nuclear technology and...
Optimism erodes at Utah mineHUNTINGTON, Utah, Aug 20 (Internet): Officials on Sunday all but declared dead six miners they have been trying to rescue for the last two weeks, after a fourth hole drilled to the area where the men...
FE Report State-owned Sonali Bank has started disbursing fresh agricultural loans among the flood-hit farmers across the country on easy terms."We have already disbursed Tk 200 million as post-flood agro-credit to rehabilitate the affected farmers," Managing Director of the Sonali...
FE ReportThe Export Promotion Bureau (EPB) has taken a move to popularise cultivation of organic vegetable so that it could be exported to bring diversification in the country's export products. The EPB has, meantime, invited a Japanese expert team to...
FE ReportThe US dollar gained against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with moderate demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT moved between the range of Tk...
Police fired teargas Tuesday to quell protests that spilled into its second day amid a strike at Dhaka University as more than 1,000 angry students marched through the troubled campus. The marauding students smashed several vehicles at Shahbagh and Nilkhet...
The High Court Tuesday demanded an explanation from the government on why some rules of the emergency powers rules including those on denying bail and confiscating property should not be declared unconstitutional. A High Court bench of Justice Shah Abu...
President Iajuddin Ahmed has called upon all irrespective of caste or creed to work together to build a prosperous Bangladesh maintaining the tradition of unimpeachable communal harmony."Bangladesh is a bright example of communal harmony in the world. People from all...
The High Court (HC), responding to a writ petition, granted Sunday bail to detained former law minister Moudud Ahmed in a liquor case under the Emergency Powers Rules, reports UNB.Passing the interim order, a Division Bench comprising Justice Shah Abu...
The Election Commission (EC) started Sunday taking photographs of voters in Rangpur, Comilla and Mymensingh to make a voters' list. Election Commissioner M Sakhawat Hossain inaugurated the programme at Mymen-singh's Muslim Girls' High School and College Centre, reports bdnews24.com. "Preparation...
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