Shakhawat HossainThe caretaker government has diverted funds worth US$ 65 million (6.5 crore) to three post-flood rehabilitation-related projects from the running development programmes following suggestions by the World Bank in this connection, sources said.The government has to follow the suggestions...
FE Report The Bangladesh Bank (BB) has asked the commercial banks to sanction fresh credit for handloom industry particularly to flood-affected weavers in Pabna and Sirajganj, by relaxing the existing rules and regulations.Under the move, the flood-hit weavers will be...
FE ReportStock prices led by insurance, banks, leasing, power and mutual fund issues on the Dhaka Stock Exchange (DSE) Thursday bounced back when institutions went for buying spree amid an increased turnover.The total turnover rose to Tk 1.11 billion in...
FHM Humayan KabirA secretary-level meeting will be held Monday on the preparation of a damage assessment report on cyclone Sidr that has badly affected the national economy, official sources said.The Planning Commission (PC), which has been assigned to prepare the...
Although the inquiry reports have been submitted a month ago, the Anti-Corruption Commission (ACC) is yet to take any decision on filing cases against two former premiers Khaleda Zia and Sheikh Hasina for their alleged corruption in awarding deals to...
The caretaker government Thursday approved the final recommendations of the 6th Wage Board Award for the salaries, allowances and other benefits for journalists, employees and press workers, reports UNBAn official announcement said: "The 6th Wage Board submitted its recommendations to...
FE ReportAn inter-ministerial meeting Thursday recommended cancellation of land allotment for Hotel Hilton at Hatirjheel area in the city. The meeting chaired by Law Adviser Barrister Mainul Hosein, however, suggested further discussion with the concerned trade bodies regarding land allotments...
FE ReportFormer adviser Syed Manzur Elahi has been appointed as the administrator of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for a period of 120 days to oversee its activities and facilitate holding elections. The Ministry of...
FE Report The Asian Development Bank (ADB) is providing Bangladesh a credit worth US$17.6 million to finance the cost of project preparation for the construction of the Padma Bridge that will link the country's economically depressed southwest zone with the...
Scheherazade DaneshkhuFT Syndication ServiceThe world economy is reeling from a succession of blows which will cause growth to slow in 2008 to its lowest rate in five years, according to the Organisation for Economic Co-Operation and Development.But the Paris-based think-tank...
Four young men were sentenced to death Thursday, two for rape and murder of a minor girl at Kapasia in Gazipur, and two others for murder in Rangpur town. In Gazipur, Judge Khan Abdul Mannan handed down the death penalty...
A second loan agreement worth approximately $13 million for financing the ongoing Greater Chittagong Power Transmission and Distribution Development Project (Phase-III) was signed Thursday with Kuwait Fund for Arab Economic Development (KFAED). KFAED Deputy Director General for Investment Ghanem Sulaiman...
The cyclone Sidr that hit the country's coastal areas on November 15 has inflicted a loss of over Tk 2.32 billion to the agriculture and fisheries sectors of Bagerhat district, according to an official estimate. Of the total, standing crops...
The US military ended its relief operations in the cyclone-battered districts of Bangladesh Thursday, but civilian efforts would continue, a news report said, quoting officials from both countries. The Associated Press quoted army chief General Moeen U Ahmed as saying...
Naim-Ul-KarimThe Ministry of Expatriates' Welfare and Overseas Employment (MEWOE) is taking punitive measures against 200 recruiting agencies for their alleged involvement in fraudulent practices in manpower export, sources said.They said the Bureau of Manpower, Employment and Training (BMET) received 300...
The crusader against corruption, ACC chairman Hasan Mashhud Chowdhury, Thursday indicated an escalated move against the high-profile corruption suspects as he said a new beginning in the drive to curb corruption dawned in the victory month of December, reports UNB.Mashhud...
Chief Adviser (CA) Dr Fakhruddin Ahmed Thursday called for empowering the country's poor, disadvantaged and rural population through providing them with access to the information superhighway for building a prosperous Bangladesh, as the access opens up a window of unlimited...
COX'S BAZAR, Dec 6 (UNB): Two people were reported killed and 30 others, including four women, wounded in a fierce gunfight between two rival groups in the Kalarmarfora area of Moheskhali island Thursday. Locals said the clash erupted between the...
Dhaka City Corporation (DCC) Mayor Sadek Hossain Khoka Thursday submitted his wealth statement to the Anti-Corruption Commission (ACC) declaring that he and his family have 11 houses and flats, eight plots, land property, Tk 55 million (5.5 crore) and many...
The government has recast the food import requirement as 1.15 million tonnes of rice and 1.56 million tonnes of wheat until June, reports UNB.Earlier assessment of import requirement was 1.9 million tonnes of rice, and 1.7 million tonnes of wheat.Some...
FE Report Bangladesh and Switzerland will sign an agreement on avoidance of double taxation next week to bolster bilateral trade, commerce and investment.Md Abdul Mazid, secretary of the Internal Resources Division and chairman of the National Board of Revenue (NBR),...
BALI, Dec 06 (AP): American climate negotiators refused to back down in their opposition to mandatory cuts in greenhouse gas emissions Thursday, even as a US Senate panel endorsed sharp reductions in pollution blamed for global warming.The United States, the...
ISLAMABAD, DEC 6 (AP): Police erected barricades to block former Prime Minister Nawaz Sharif and hundreds of supporters as they tried to march Thursday to the heavily guarded home of Pakistan's deposed chief justice.The protesters were nearly outnumbered by riot...
FE ReportThe US dollar retained its stable nerve against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market in limited transactions, fund managers said.The inter-bank call rate closed slightly, as the central bank refrained from withdrawing cash from...
Doulot Akter MalaThe National Board of Revenue (NBR) Thursday issued an order asking the consignees to provide bank guarantee to get imported plastic raw materials released from port, the letters of credit (LCs) of which were opened by October 31...
Law and Information Adviser Mainul Hosein has said that no individual citizen can file a sedition case against another. "No individual can file a sedition case. The incident belittles Bangladesh," the adviser told reporters in the city Thursday, reports bdnews24.com....
Turning down the government plea, the Supreme Court (SC) upheld Thursday the High Court (HC) order granting bail to Brigadier General (retd) ASM Hannan Shah, an adviser to detained BNP chairperson Khaleda Zia.
DU CorrespondentA segment of teachers of Dhaka University observed a silent-standing programme on the campus Thursday demanding unconditional release of their four detained colleagues and eight students immediately.Some 40 teachers out of the total 1,513 of DU joined the 30-minute...
RAJSHAHI, Dec 6 (UNB): A court here today (Thursday) re-fixed December 12 for the verdict in the case against 14 persons, including two Rajshahi University (RU) teachers, for torching a DGFI vehicle amid campus violence breaking Emergency Powers Rules. Additional...
A Dhaka court placed Thursday Tarique Rahman, elder son of former prime minister Khaleda Zia, on one day's remand in a case filed by the Anti-corruption Commission (ACC), reports bdnews24.com. Additional Chief Metropolitan Magistrate (CMM) Md Golam Rabbani gave the...
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