BANGKOK, July 6 (AFP): A military-appointed council was set Friday to approve its final draft of a new constitution that is meant to guide Thailand back to democracy after last year's coup. The document will go to a referendum next...
WASHINGTON, July 6 (AFP): The US spacecraft Dawn, due to launch Sunday, will take a close look at two massive asteroids to try to penetrate the mystery of our solar system's origins 4.6 billion years ago. By examining the two...
KABUL, July 6 (AFP): A mass grave containing hundreds of bodies has been discovered in an underground prison north of the Afghan capital, the BBC reported early Friday. Police General Ali Shah Paktiwal told the BBC the grave was unearthed...
Minority parties announce coalition in East Timor DILI, July 6: BSS/AFP) - Minority parties in East Timor headed by a party set up by independence leader Xanana Gusmao announced Friday they have formed a coalition and would seek to form...
FE ReportPrices of onion increased and green chilli declined while the prices of other essential commodities remained unchanged in the city markets over the past week.Traders said prices of onion increased mainly due to decline in supply of the item...
Islami Bank Bangladesh Limited (IBBL) is contributing a lot towards the prosperity and development of the country. The total deposit of the previous six months is Tk 148.25 billion (14,825 crore) showing a growth rate of 26 per cent against...
FE ReportWalton has announced a full-month rainy season gift programme. Deputy Director of RB Group Amdadul Haque Sarker announced the programme in a press conference in the city recently. During the programme the customers will get different types of attractive...
FE ReportWucherer, a member of the corporate executive committee of Siemens AG, arrives in city today (Saturday). In 2002 he was chosen as the president of International Electrical Congress (IIEC) Germany.Wucherer completed his studies both in Electrical and Mechanical Engineering....
Sarwar ZahanThe inter-bank call money rate sustained its steady level last week despite withdrawal of large amounts of cash through auctions of reverse repurchase agreement (repo) and treasury bills, Bangladesh Bank (BB) bills and Bangladesh Government treasury (BGT) bonds, fund...
Commercial Bank of Ceylon LimitedJuly 02-July 05, 2007The demand for the US dollar went south in the first week of July 2007 due to increased supply. Usually Bangladesh receives inward remittances from wage earners in the first week of every...
FE Report The Biman Bangladesh Airlines (BBA) has planned to hire more than 900 out of 1,863 employees who availed themselves of the voluntary retirement scheme (VRS) or the golden handshake programme until June 20 last, sources said.They said the...
Doulot Akter MalaThe government has launched an investigation against importers of new cars amid widespread allegation of duty evasion.It has been alleged that a section of importers are bringing in new cars showing lower than actual prices in the invoices...
BNP secretary general Abdul Mannan Bhuiyan Friday claimed that he has made proposals to reform BNP in accordance with the party constitution, report agencies."We are doing everything as per (party) constitution," he told reporters at his Gulshan residence when his...
Awami League (AL) presidium member Ataur Rahman Khan Kaiser Friday doubted authenticity of AL general secretary Abdul Jalil's letter to Chief Adviser Fakhruddin Ahmed.Jalil, in a four-page letter addressed to Chief Adviser Fakhruddin Ahmed and signed July 2, announced his...
FE Report Higher lending rates and persistently high interest rate spreads are the main reasons for weak financial intermediation and inefficiencies in the banking sector of Bangladesh, said International Monetary Fund (IMF)."Bangladesh's bank lending rates are on average around 15...
Andrew Jack, FT Syndication Service GENEVA: More than 150 companies round the world last Thursday pledged to reduce their carbon emissions voluntarily and raise energy efficiency with targets which they will make public and report on each year starting in...
Awami League (AL) presidium member Suranjit Sengupta Friday left the city for Canada by a flight of Emirates Airways to see his ailing son. Suranjit's son Soumen Sengupta studies in Canada. The AL leader will stay there for three weeks....
A teenage girl allegedly committed suicide by hanging herself at her house at Ghurni Hazipara in the city's Khilkhet area early Friday. The dead was identified as Farida Yasmin, 16, daughter of Mujibur Rahman. Police said Farida took her life...
FHM Humayan KabirThe country's net annual inflow of foreign assistance has fallen due to higher repayment of debt and shrinking overseas aid disbursement putting pressure on external balance, official sources said.They said the government spent US$620.54 million on debt servicing...
S M JahangirAfter five years of lull, the government has expedited the process of installing fool-proof scanning machines at the country's premier seaport in Chittagong to check revenue leakage through preventing false declarations on both exports and imports.Other important purpose...
FE Report The World Bank (WB) approved Thursday a US$23.6 million credit from the International Development Association (IDA) to support Bangladesh's efforts to improve performance of its public procurement system.The Public Procurement Reform Project II will support procurement reforms by...
ISLAMABAD, July 6 (Bloomberg): Pakistan's military denied reports that rockets were fired at the plane of President Pervez Musharraf today while he was flying to the South Asian country's southwestern province of Baluchistan. "This is wrong," army spokesman General Waheed...
FE ReportThe stock prices continued to rise last week amid a strong buying support from both institutional and retail investors.All the Dhaka Stock Exchange (DSE) indices--DSE General Index (DGEN), DSE 20 and All Share Price Index (DSI)--gained by 49.41 points,...
The trend of spending the Annual Development Programme (ADP) funds in the last hours of the government has seen no shift even with the caretaker administration, according to government statistics, reports bdnews24.com. The current caretaker government has trimmed the ADP...
Jasim Uddin Haroon The government will construct an inland container depot (ICD) at Gazipur at a cost of Tk 7.67 billion to reduce the pressure on the ICD in Dhaka. Sources at the Ministry of Shipping said the ICD will...
President Iajuddin Ahmed urged all concerned to adopt appropriate measures in stopping country's brain drain in the wake of a growing trend among the students to stay abroad after taking higher studies. The President said this while speaking at the...
International Monetary Fund (IMF) has suggested Bangladesh to create opportunity for productive use of wage earners remittances instead of consumption, reports UNB."Currently, a large part of remittances seems to be used for consumption," it said in an evaluation report released...
Finance and Planning Adviser AB Mirza Azizul Islam Friday called upon the authorities concerned to help the government formulate policies through providing proper information and data, reports UNB."Dependable statistics are necessary to formulate government policies," he said, inaugurating the 10th...
BRAHMANBARIA, July 6 (UNB): The production in Zia Fertiliser Factory that was suspended due to technical faults on June 29 resumed Friday.Sources said the 26-year-old factory failed to achieve its production target in the last fiscal year as technical glitches...
A mobile court of magistrate Rokanuddowla Friday destroyed large numbers of toxic fishes at the Wasa sewerage lagoon in Pagla, reports bdnews24.com. The mobile court Friday noon burnt about 200 kgs (5 maunds) of toxic fish with petrol. Later the...
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