Doulot Akter MalaThe National Board of Revenue (NBR) is likely to finalise the much-awaited freight forwarding policy-2007 today (Thursday).The board will sit in a meeting today with the freight forwarders aiming to finalise the policy making some amendments to the...
Shakhawat Hossain The donor countries and agencies excepting the Kingdom of Saudi Arabia and Islamic Development Bank (IDB) are routing their emergency assistance to the flood affected people through the non-government organisations (NGOs) and the UN bodies.They have selected a...
FE ReportThe Bangladesh Krishi Bank (BKB) brought Wednesday its rate of interest on agricultural credit down to the previous level at 8.0 per cent from 11 per cent, which it raised on July 1,2007.The BKB took the move following criticism...
The state, in compliance with apex court's instructions, Wednesday filed regular leave-to-appeal applications trying to overturn High Court (HC) orders in former Prime Minister (PM) Sheikh Hasina's cases, reports UNB.In its recent orders the HC has granted bail to the...
FE ReportThe caretaker government is likely to give legal coverage to new generation economic zones that will pave the way for greater public-private partnership, a source at industries ministry said. The International Finance Corporation (IFC) will provide financial and technical...
The death toll from flood-related incidents caused due to drowning, waterborne diseases and snakebites shot up to 481 with 38 fresh deaths reported in the last 24 hours until Wednesday morning, reports UNB.Of the victims, 15 died of diarrhoea, nine...
FE ReportThe Joint Strategy Partners (JSP), a platform of four major donors, will jointly review the progress of their financial supported projects in Bangladesh, official sources said.The JSP, comprising World Bank, Asian Development Bank, Japan and UK's Department for International...
CHITTAGONG, Aug 15: Angry garment workers damaged some 50 vehicles and two floors of their factory in the port city's Bayezid Bostami area Wednesday afternoon, demanding their outstanding salaries. Witnesses said around 2,000 workers of Shirina Garments blocked Bayezid Bostami...
A Dutch company will set up a garments accessories plant in the Adamjee Export Processing Zone (EPZ). An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Checkpoint Systems Bangladesh Limited of world famous...
A minor earthquake shook the capital city Wednesday afternoon, meteorological department sources said. The distance of the epicentre of the earthquake was about 337 kms from Dhaka Seismic Observatory and 247.8 kms from Chittagong Seismic Observatory. The magnitude of the...
The finance ministry has asked the Anti-corruption Commission (ACC) for reports on 34 National Board of Revenue (NBR) officials for promotion, a senior government official said Wednesday. The Internal Resources Division (IRD) of the ministry copied the ACC on a...
FE ReportThe energy ministry has recently sought Tk 12 billion (1200 crore) from the finance ministry to foot the bills owed by Petrobangla against gas purchases from the international oil companies (IOCs) The state-owned oil and gas company Petrobangla requested...
Raihan M ChowdhuryTechnomedia Ltd, a leading Information and Communication Technology (ICT) company, is working to introduce the MICR (magnetic ink character recognition) technology to help commercial banks in clearing and processing of cheques. The company has been engaged by the...
FE ReportThe government, in its efforts to cope with the flood-related expenditure, has decided to continue with the austerity measures that helped it save a large amount of money in the past.Official sources said the Ministry of Finance (MoF) has...
FE ReportSuspension of electricity production by three major plants, having a combined generation capacity of 375 megawatt (MW), in quick succession has aggravated the power supply problem across the country.Besides, at least three other power plants with a total production...
Jasim Uddin Haroon Imports of some essential items, which are widely consumed during the holy Ramadan, have not picked up although the fasting month is barely one month away, port officials said. "Only a few containers loaded with dates, ginger...
The head of the price monitoring committee has said he cannot understand why the prices of essentials have not come down, despite the withdrawal of duties, report bdnews24.com/ UNB."I am not a fortune teller," the commerce ministry's additional secretary Golam...
Pakistan and India began celebrating 60 years as independent nations Tuesday with a series of parades, gun salutes and speeches that sees both nations at crucial crossroads in their histories, according to internet reports.In Pakistan, a Muslim nation of 160...
The Election Commission (EC) will send invitation to the political parties this month for discussing the proposed draft reforms on electoral laws, part of the present politico-electoral reform recipe, reports UNB. Chief Election Commissioner (CEC) ATM Shamsul Huda Tuesday disclosed...
FE Report The private port operator Saif Powertec Limited at Chittagong Port claimed that it had set a record in handling cargoes and vessels in July last. The private port operator, appointed for Chittagong Container Terminal (CCT), handled a total...
The Supreme Court Thursday heard two government appeals against bail awarded to Sheikh Hasina in two extortion cases filed by businessmen Noor Ali and Azam Jahangir Chowdhury and adjourned the hearing until Aug 26. The court also heard the government...
BAGHDAD, Aug 14 (AFP): Insurgents killed four more American soldiers in Iraq, three of them in one explosion, the US military said in a statement obtained Tuesday. Three Task Force Lightning soldiers died and one more was wounded when insurgents...
TOKYO, Aug 14 (AP): Yone Minagawa, who became the world's oldest person earlier this year, has died at a nursing home in southwestern Japan, an official said Tuesday. She was 114. Minagawa, who raised four sons and a daughter on...
WASHINGTON, Aug 14 (AFP): Karl Rove, the master political strategist behind President George W. Bush's two election triumphs, quit Monday, paying emotional tribute to the "farsighted courage" of his boss and close friend. In a bombshell announcement, Rove -- once...
NATORE, Aug 14 (UNB): The government has decided to import some essential commodities to keep prices at affordable levels in the forthcoming holy month of Ramadan, Chief Adviser Fakhruddin Ahmed said Tuesday, announcing a special marketing operation from next month....
KHULNA, Aug 14 (UNB): Alim Jute Mill faces closure after the en masse resignation by its officials and employees Monday night, bringing its production to a complete halt.Mill sources said 801 workers out of 812, 51 employees out of 57,...
DU CorrespondentThree saline producing projects were launched at Dhaka University Tuesday to produce saline for the diarrhoea-affected people in the country's prevailing flood situation.DU Vice-Chancellor SMA Faiz inaugurated the projects as the chief guest while Pharmacy Faculty dean Md Abdur...
NARSINGDI, Aug 14 (UNB): Ten officials and employees of Ghorashal Fertilizer Factory were suspended today (Tuesday) for negligence of duty when a fire broke out in the factory on August 12.The suspended officials are GM (operation) Abu Jamal Sarker, chief...
Naim-Ul-KarimThe Bangladesh Rural Advancement Committee (BRAC), one of the world's leading NGOs, has launched a Tk 1.10 billion project for rehabilitation of thousands of retrenched workers of the state-owned enterprises (SOEs).The UK government's grant of 4.25 million pounds contribute a...
FE ReportThe Chairman of the State Peace and Development Council of the Union of Myanmar has appointed H M Hakim Ali, Director and CEO of Hotel Agrabad, Chittagong, as the Honorary Consul of the Union of Myanmar in Chittagong by...
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