Amy Kazmin, FT Syndication ServiceBANGKOK: Thai Silp South East Asia, a Thai garment exporter with 5,000 workers, had been struggling financially ever since it lost one of its biggest customers last year. But lately, as the Thai baht surged against...
FE Report The Bangladesh Bank (BB) has again directed the commercial banks not to harass importers of essential items by asking the sources of import finance while opening letters of credit (LCs). "The BB has not given any instruction to...
GAZIPUR, July 22 (UNB): BNP chairperson Khaleda Zia's adviser Brig (retd) Hannan Shah and his son, detained in four extortion suits, were Sunday set free from Kashimpur jail as they have secured bail in all the cases.Both the father and...
FE Report Industries Ministry Adviser Geetiara Safiya Chowdhury Sunday said the government is mulling to constitute a national commission on jute comprising experts from private sector. "The national commission will recommend to us how to make the jute sector more...
A divisional special judge court Sunday recorded depositions made by four witnesses in the Electronic News Gathering (ENG) camera-buying case against former President HM Ershad as part of the continuing trial proceedings. Sources said Ershad appeared in the court amid...
Nobel Laureate Muhammad Yunus flew back home Saturday, capping a visit to South Africa. Yunus, who went to South Africa on July 16, attended the 89th birth anniversary of another Nobel laureate and former president Nelson Mandela. Former US President...
Doulot Akter MalaThe government has taken a decision to allow limited import of potato to ensure adequate supply and rein in the prices, ahead of the month of Ramadan."Importers selected by the BDR will only be allowed to import potato...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued on a bullish trend for the fourth consecutive day Sunday, the first trading session of the week, following buying spree.DSE-General Index (DGEN), DSE-20 Index (DS20) and All Shares Price Index...
DU CorrespondentThe two-day protest programmes of the pro-Awami League (AL) teachers of Dhaka University (DU) ended Sunday with observance of a half-day work abstention demanding unconditional release of AL chief Sheikh Hasina.Classes were hardly held at the Arts, Social Sciences...
FE Report The government gave Sunday a fresh ultimatum until August 31 to implement minimum wages for the workers in the country's garment factories. The earlier deadline for implementation of minimum wages in the garment sector expired June 30. "We...
FE Report The Bangladesh Bank (BB) will meet the chief executives of all primary dealer banks and a non-banking financial institution (NBFI) today (Monday) to discuss the overall market situation. The PDs are likely to raise some issues including the...
Japanese Ambassador Massayuki Inoue Sunday said an early election and a new elected government in Bangladesh are an imperative to attract foreign investment, alongside keeping the ongoing reforms and anti-graft drive on steam, reports UNB."The world is very small…Every citizen...
The High Court (HC) Sunday issued rule upon the Public Service Commission (PSC) to explain why its decision canceling the viva-voce results of the much-debated 27th Bangladesh Civil Service examination should not be declared "illegal," reports UNB.It also asked the...
FE Report The Centre for Policy Dialogue (CPD) has decided to undertake a policy study in view of the current debate and discussion with respect to the jute sector of the country to be completed in three months. An expert...
FE Report China has expressed its interest to boost annual volume of bilateral trade to $5.0 billion by 2010 through more access of Bangladeshi products into its market."China does not want to pursue big surplus in bilateral trade. We hope...
CHITTAGONG, July 22 (bdnews24.com): A special court in Chittagong Sunday sentenced former BNP lawmaker Wadud Bhuiyan to 20 years in jail for corruption. The verdict also provided for attachment of Bhuiyan's assets worth Tk 63.6 million (6.36 crore). Public Prosecutor...
Mind-reading hits a cultural barrierAlan CaneThe barriers to good cross-cultural understanding may be higher than people have hitherto believed. Research into the way we "read" the minds of other people suggests that our inability to understand intuitively the actions and...
US force not ruled out in Pakistan WASHINGTON (AP): The U.S. would consider military force if necessary to stem al-Qaida's growing ability to use its hideout in Pakistan to launch terrorist attacks, a White House aide said Sunday. The president's...
Bangladesh and India Sunday stressed the need for holding half-yearly meeting of their trade ministers and more frequent secretary-level meeting to remove trade barriers between the two countries, reports UNB.Both Finance and Commerce Adviser Mirza Azizul Islam and Visiting Indian...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market. The market was moderately active due weekend in the international market, fund managers said.The exchange rate of the dollar against the BDT...
Awami League (AL) acting president Zillur Rahman Sunday said they would support any programme by any organization for the release of party chief Sheikh Hasina, reports UNB."At this moment, we are not thinking of any movement… I think, we can...
FE ReportSpeakers at a convention on good governance expressed the view that the dependence of local government on central government should be reduced and this can be done through decentralisation and strengthening of power. They were addressing a daylong national...
President Iajuddin Ahmed congratulated Pratibha Patil on her election as the President of India, who became the first woman head of state of that country, reports UNB."Bangladesh and India are two close neighbours with age-old ties. We have robust and...
RAJSHAHI, July 22 (UNB): Election to the Rajshahi City Corporation (RCC) will be held in January next year after completion of the voters' list with photograph and national identity card.The two election commissioners -Sohul Hossain and MA Shakhawat Hossain- made...
Charge-sheets in four graft cases against two former junior ministers, ex-premier Khaleda Zia's political secretary Harris Chowdhury and an Awami League Advisory Committee member were submitted Sunday in the Chief Metropolitan Magistrate's Court, as trial of high-profile corruption suspects apparently...
The 82nd birth anniversary of late Tajuddin Ahmad, the first prime minister of Bangladesh and one of the architects of the country's independence will be observed today (Monday).Tajuddin Ahmad was born in Dardaria village in Kapasia thana under Gazipur district...
Former BNP minister Barrister Aminul Haque, Khaleda Zia's nephew Sharin Islam Tuhin, Awami League leader Ali Reza Raju and former secretary Ismail Jabiullah submitted their wealth statements Sunday to the Anti-Corruption Commission, reports UNB.They submitted their wealth statements to ACC...
SATKHIRA, July 22 (UNB): A case was filed against ex-BNP lawmaker and district BNP president Habibul Islam and his five associates Saturday night on charge of extortion and ransacking a business establishment.Sources said Abdur Rahman, a local businessman of Sripatipur...
President Iajuddin Ahmed and Chief Adviser (CA) Fakhruddin Ahmed have felicitated their Egyptian counterparts Mohammed Hosni Mubarak and Ahmed Mahmoud Mohammed Nazif respectively on the occasion of National Day of the country, reports UNB.In his message to President Mohammed Hosni...
The visiting Indian Minister of State for Commerce Jairam Ramesh made a courtesy call on President Iajuddin Ahmed at Bangabhaban Sunday, reports UNB.The President cordially welcomed Jairam Ramesh and exchanged pleasantries with him. During the meeting, they discussed matters of...
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