The hearing of the state petitions seeking stay on High Court (HC) orders granting detained Awami League (AL) chief Sheikh Hasina bail in an extortion case and halting the ACC notice for submitting her wealth statement will be held in...
M Azizur RahmanThe country's mounting gas crisis has dimmed the prospect of Indian business conglomerate Tata's gas-based US$3.0 billion investment proposal getting a positive response from the government."The Energy and Mineral Resources Division (EMRD) is now not in a position...
The caretaker government (CG) gave the go-ahead to a big housing scheme to build 0.1 million low-cost flats for middle-class people under the private sector, reports UNB.In another major step, the government decided to offload 49 per cent shares of...
FE Report The caretaker administration has started lobbying with the World Bank for securing emergency flood recovery aid instead of transitional support credit to help accomplish post-flood rehabilitation task, a competent source said."The present interim administration is courting the World...
Two hotel staff members were shot dead and its manager also suffered bullet wound in a gun attack by terrors in the capital city's Phulbaria area Monday morning, reports UNBThe dead were identified as Manik (25), a hotel boy and...
President of the Real Estate and Housing Association of Bangladesh (REHAB) M A Awal in a statement to the press Monday announced his resignation from the post for being implicated in a case lodged by Anti Corruption Commission (ACC). —...
Some 1,876 officers and employees of Biman Bangladesh Airlines Ltd, who went on voluntary retirement, received their first installment of benefit (70 per cent) Sunday. The rest of the benefit, subject to the approval of the Finance Ministry, will be...
Bangladesh Krishi Bank (BKB) has moved to form a temporary unit for the prompt payment of loans to the flood-affected farmers, the bank said in a statement Monday. —bdnews24.com
FE Report The Bangladesh Bank (BB) said Monday the non-banking financial institutions (NBFIs) should invest in different sectors, including housing, small and medium enterprises (SME), and also for development of women entrepreneurship. The advice came at a review meeting with...
Death toll from the current summer flood climbed to a staggering 405 Monday as the overall flood situation deteriorated following downpour triggered by a land depression, officials said, reports UNB.After the improvement of situation in last few days, the floodwaters...
CHITTAGONG, Aug 13 (UNB): A bus crashed into an auto-rickshaw on the Dhaka-Chittagong highway in Sitakunda area this (Monday) morning, killing nine people, seven of them students.Police and local sources said six other people were also wounded in the road...
FE ReportThe indices on the Dhaka Stock Exchange (DSE) continued to slide for the second consecutive day Monday due to price correction and ongoing flood across the country. Market operators said the investors feel unsafe for investing more money in...
A group of local investors have expressed renewed interests to buy 67 per cent shares of the state-run Rupali Bank and invited the government to the negotiation table, officials said Monday, reports bdnews24.com. "We are ready to sit for negotiations...
FE ReportThe US dollar ended stronger against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market although the demand for the greenback appeared steady, fund managers said.The exchange rate of the dollar against the BDT fluctuated between the...
The Supreme Court Tuesday did not stay Sheikh Hasina's bail in an extortion case filed by businessman Noor Ali, nor did it freeze a High Court stay order on the Anticorruption Commission's notice for her wealth statement. The apex court...
Chief adviser Fakhruddin Ahmed Tuesday reaffirmed his faith in the Election Commission that it would hold free and credible general elections by 2008. The military-backed makeshift government head said the work of preparing a voter list with photographs would be...
MANAGING economic growth maintaining social equilibrium is difficult. It is a big challenge confronting many of the Asian countries. After more than a decade of development efforts, China and Nepal are now said to be having the highest rich-poor gap...
Shamsul Huq ZahidTHE government, according to newspaper reports, is considering a special financial incentive for police personnel under a draft police reform programme, possibly, to discourage the latter from indulging in corruption and help them perform better than before. The...
Rupa SarkerIt looks like a flower fair when traders with a wide variety of flowers gather in the morning at Dhaka city's Shahbagh intersection. It has grown up as a hub of flower business over the last two decades.This is...
Amy Yee from New Delhi and Clive Cookson from LondonTHE dismissal by an Indian court last Monday of a challenge to the country's controversial patent laws filed by the Swiss pharmaceuticals maker Novartis, signals a victory for health advocates who...
Adam JonesMOST people troubled by aircraft noise are tormented by 747s and other passenger jets. Marinating in wealth, the people of the Gulf of Saint-Tropez have a more upmarket enemy: helicopters.Now, however, the authorities have decided to act against the...
THE sales of plots and apartments at the recently held fair of the Real Estate and Housing Association of Bangladesh (REHAB) dropped by as much as 50 per cent compared to that of the last year. The drop has been...
ALMOST a year ago locals of Phulbari organised a large demonstration against the proposed open pit mine there by the UK-based Asia Energy that ended in a bloody incidence of violence with three men dead and many injured when the...
Maswood Alam KhanWHEN a shark with its razor-sharp teeth shears a leg off a swimmer, the swimmer feels no pain instantly except a little imbalance while trying to shore up strength to swim ashore. Totally shorn of one leg, the...
Md. Salimuddin FCA, FCMA, MBA concluding his two part articleTHE world has seen a tremendous increase in global capital flows during the last several decades. The surge in investment flows has been largely due to the fact that many countries...
HONG KONG, Aug 12 (AFP): Asian currencies ended the week mostly down against the dollar as continued concern about the US subprime mortgage market hit world stocks hard and worries reverberated across Asia. JAPANESE YEN: The Japanese yen will likely...
YANGON, Aug 12 (Xinhua): Myanmar's largest information and communication technology (ICT) park, the Yadanabon Cyber City, will open by the end of the year, local Voice journal reported today. Brigadier-General Thein Zaw, Minister of Posts, Telecommunications and Telegraphs, made the...
KATHMANDU, Aug 12 (Xinhua): Nepal is fast turning into a hot destination for international airlines while the national flag carrier is reeling under lack of aircraft. According to The Kathmandu Post Sunday's report, three foreign airlines are on the verge...
TOKYO, Aug 12 (AFP): Japan plans to invest in emission-curbing projects in developing Asian nations in exchange for credits that add to its own anti-global warming effort, a press report said today. The ministry of the environment aims to obtain...
AVISSAWELLA, Sri Lanka, Aug 12 (AFP): The denims look tattered and frayed, but shoppers in Europe and the United States are prepared to pay good money for "distressed" jeans and Sri Lanka is cashing in. In the industrial town of...
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