The realisation of micro-credit installments in 12 cyclone affected districts under the Department of Social Service of the Social Welfare Ministry has been postponed for four months (Dec'07 to Mar'08), according to an official handout issued in the city Wednesday,...
The Housing and Public Works Ministry Tuesday cancelled the allocation of 108 NAM-apartments, occupied by former lawmakers, bdnews24.com. Housing and Public Works Adviser Mainul Hosein approved the cancellation, which was followed by a Ministry circular, issued in the evening for...
A freedom fighter Wednesday filed a sedition case against Jamaat-e-Islami secretary general Ali Ahsan Md Mujahid and two others for anti-Liberation activities, reports bdnews24.com. The two other accused in the case, filed by Md Fazlur Rahman of Companyganj, are Jamaat's...
FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market due to stable demand for the greenback, fund managers said.The inter-bank call rate also remained steady despite withdrawal of cash through reverse...
Dallah Albaraka Group, one of the leading conglomerates in Saudi Arabia, has expressed their interest to buy the Rupali Bank, officials said Wednesday. A team of the Jeddah-based conglomerate that controls 300 companies operating in more than 40 countries will...
Bangladesh Bank (BB) has started taking stock of the foreign currency position amid the projection of increased food imports as well as the soaring oil prices in the international market, reports UNB."We've started calculating the possible impact on the foreign...
TAXES paid by the individual citizens on their earnings constitute one of the major sources of any government's income. But in Bangladesh's case so far the opposite has been the tradition. People in general were either unaware about or averse...
Enayet RasulIt is regrettable that a sector which has a major role in the lives of mass people in the country - the handloom sector - is a relatively neglected one. The figures suggest that the total demand for fabrics...
David Bowers AT a time when investors face the biggest credit squeeze in a generation, what is puzzling is how little the world's equity markets have been affected. As credit spreads blow out beyond August's levels, it is perplexing to...
Nighat SultanaONLY having a connection with the ultrafast information superhighway through submarine cable will not automatically catapult Bangladesh into an information communication technology (ICT) products exporting country of significance. Adoption of appropriate plans followed by their proper implementation would be...
If the growth performance of the economy is sustained at over 6.0 per cent which the central bank has projected for fiscal 2007-08, then all would be amazed by the magic of its (economy's) shook-absorbers. The central bank, according to...
IT is a piece of welcome news that the government will take its decisions on various foreign direct investment (FDI) proposals. The report carried Monday by the FE said the decisions on such proposals are likely to be finalised by...
Rashid ul Ahsan ChowdhuryIN the current security-focused national environment, it is high time for Bangladesh Customs to rethink the balance between its traditional role of revenue collection and national security enforcement. It is because, as experts in customs matters, the...
Konika BiswasSWAPNA Chowdhury, a pretty and smart girl, works in a media outlet. Everything was going well for her until some of her objectionable photos were found on a website. Of course, the pictures were shot without her permission. Naturally,...
M Shamsur Rabb KhanTwo recent incidents of high-handedness by schoolteachers resulted in the death of two promising students. A 17-year-old class 12 student in Bihar's Bhagalpur town died on October 26, after he was reportedly thrashed by his schoolteacher. In...
NEW DELHI, Dec 4 (Xinhua): Struggling to cope with the appreciating rupee and high interest rates, India's Ministry of Textiles fixed the target for exports this fiscal year at a high 25.06 billion US dollars, local newspaper The Indian Express...
FE ReportThe 157th meeting of the board of directors of Al-Arafah Islami Bank Ltd was held at its head office in the city recently. Chairman of the board of directors of the bank Md Anowar Hossain presided over the meeting....
BEIJING, Dec 4 (Reuters): The world is eating more than it produces and food prices may climb for years because of expansion of farming for fuel and climate change, risking social unrest, an expert and a new report said today....
The 21-member executive committee of Bangladesh PVC Pipe Manufacturers Association, elected for the term of 2007-09, was announced in the association's annual general meeting (AGM) held in its office in the city recently, said a press release.The newly-elected office-bearers are:...
WESTWOOD, Massachusetts, Dec 4 (Reuters): The yellow furnace in the basement of Richard Grady's Massachusetts home puts the retired engineer at the forefront of an environmental revolution. It's stoked by fuel derived from soybeans. Grady and a growing number of...
LONDON, Dec 4 (Bloomberg): Crude oil fell, extending earlier declines, after an OPEC delegate said the group would discuss a production increase at its meeting tomorrow. The Organisation of Petroleum Exporting Countries (OPEC), which is convening in Abu Dhabi, will...
FE Report The three-day fifth International Medical Exposition (MEDEXPO) - 2007, an annual event displaying medical equipment and providing medical services, will kick off tomorrow (Thursday) at Dhaka Sheraton Hotel. Hospitals and medical equipment manufacturers from eight countries are likely...
FE Reportbanglalink, country's one of the leading telecom operators, ended the quarter (as of Sept 2007) with over 6.0 million subscribers and posted a year-to-date revenue of Tk 9.26 billion.Orascom Telecom Holding (OTH), the holding company of banglalink, recently announced...
FE ReportQatar Airways unveiled its next generation inflight entertainment system onboard its newly-delivered Boeing 777 aircraft offering every passenger more than 700 entertainment options.Rebranded Oryx Entertainment 'Multiplex in the Sky', there are more than 150 international movies, 150 hours of...
Our Correspondent CHITTAGONG, Dec 04: Formulation and implementation of specific rules and regulations for the ship breaking industry (SBI) has become essential in order to preserve ecological balance, protect the rights of workers as well as ensuring revenue.Speakers expressed the...
FE ReportThe 35th branch of Export-Import Bank of Bangladesh Limited was opened at BGMEA complex at Karwan Bazar in the city Monday.EXIM Bank Chairman Md Nazrul Islam Mazumder inaugurated the branch as the chief guest while BGMEA President Anawar ul...
FE ReportChittagong Branch Council of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a day-long workshop on "VAT and Tax Management" in Chittagong recently.Chittagong Chamber of Commerce and Industry President Saifuzzaman Chowdhury inaugurated the session as the...
FE ReportM/s FCI (BD) Co Ltd is going to expand its project in Dhaka Export Processing Zone (EPZ) soon.The one hundred per cent foreign-owned company will enhance its production space with additional investment of 2.5 million US dollars. After the...
FE ReportPrime Bank Ltd Executive Committee (EC) Chairman Mohammad Aminul Haque has called upon local entrepreneurs of Rangpur to avail the banking services which give high priority to investors in small and medium enterprises.Aminul Haque said this at a programme...
FE ReportTanweer Rahim joined Dhaka Bank Limited as the deputy managing director (DMD) recently.Prior to this, he was senior executive vice president and head of marketing of Bank Asia Limited.After graduation with honours from the University of Dhaka, he started...
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