SAVAR, July 5 (UNB): A contractor was allegedly killed by a garment worker in Kalma area of the upazila Wednesday.Police said workers of garment factory 'Hot Dress Ltd.' attacked and beat up Ripon, who was working on sub- contract in...
FE Report Standard Chartered Bank (SCB) has launched 'Saadiq', its new Islamic banking brand, through a ceremony in a city hotel Wednesday.The new brand will offer a range of Shariah-compliant financial solutions through the bank's world-class service infrastructure.Bangladesh Bank Governor...
Nokia Siemens Networks has recently announced $100 million investment plans in its Indian facility over the next three years. The next day it announced signing of a $900 million memorandum of understanding with Bharti Airtel for an end-to-end network expansion,...
FE ReportHolcim, a leading cement manufacturer of the country, held a day-long training programme called 'Training for Channel Partner's Employees' for the employees of its sales partners at Fu-Wang Bowling Club, Tejgaon-Gulshan Link Road in the city recently. About 220...
FE ReportFarzana Shakil Makeover Salon Ltd (FSMSL) has launched 'FS Concept' and 'Teen Time' for the country's beauty-conscious women through a press meet in the city Wednesday.Among others, FSMSL Managing Director Farzana Shakil, Head of Operation Shakil Kasem and Head...
Our CorrespondentCHITTAGONG, July 4: The planned cultivation of fish under the Muhuri Project in over 5,000 acres of land, lying in between Mirsarai Upazila of Chittagong and Sonagazi Upazila of Feni, has become uncertain due to the complications rising from...
Out CorrespondentBRAHMANBARIA, Jul 4: Frequent power outage, often for long periods, is severely hampering the industrial production in the district.Regular power outage has almost paralysed normal life, affecting the daily activities of the people in the district.Besides, the erratic power...
FE Report The closing ceremony of a six-day workshop on 'Practice of Islamic Banking' organised for the officials of Bank of Ceylon, Sri Lanka by Islami Bank Training and Research Academy was held at the Board Room of Islami Bank...
Akbaruddin AhmedTHE policies of the government and the University Grants Commission (UGC) have become an impediment to growth and development of the private universities. The UGC is responsible for monitoring the activities of both the public and private sector Universities....
Dr. Mahmood AhmadIn the historical context, charging a return on loans and an additional amount or penalty in case of a delay in their repayments (riba) is prohibited in the Holy Scriptures of several major religions, including Islam. In addition,...
Zahid ZamirIf we look at the meaning of democracy in different text books then we can safely conclude that "democracy is the form of government in which the sovereign power resides in the people as a whole and is exercised...
President lajuddin Ahmed has expressed his firm belief that members of the President Guard Regiment (PGR) will demonstrate utmost professional skill in performing their duties by remaining loyal to leadership as in the past.The President said this while addressing the...
Former communications minister Nazmul Huda Thursday questioned the transparency of trial in a special court dealing with high-profile political corruption, reports bdnews24.com."Maybe for this (the question) five years of Jail sentence will be increased to 14 years", Huda said in...
The Anti-Corruption Commi-ssion (ACC) Thursday began serving notices to 12 corrupt suspects, mostly politicians like Altaf Hossain Chowdhury, Sheikh Fazlul Karim Selim and Lutfozzaman Babar, to submit their wealth statements within seven working days."We already delivered notices Thursday to six...
Sigma Huda, wife of the detained former communications minister and Bangladesh Nationalist Party (BNP) leader Nazmul Huda, was detained and sent to jail to stand trial for corruption after she surrendered to a special anti-graft court Thursday, report agencies. The...
The special judge's court Thursday ordered for warrant of arrest of Mahbuba Sultana, wife of former lawmaker Mosaddeq Ali Falu, in a case of income tax evasion, reports UNB.Deputy Commissioner of Taxation filed the case against Mahbuba accusing her of...
Foreign Affairs Adviser Iftekhar Ahmed Chowdhury said, the Bangladesh Government combines in its policies the facilitation of economic growth with a wider casting of the social safety net to assist the vulnerable groups in the society, reports UNB. This he...
FE ReportUndisclosed money holders have started coming from behind as their response to the offer of the National Board of Revenue (NBR) on legalisation of their money is gradually increasing.During the first five days of the new fiscal until Thursday,...
Beleaguered BNP chairperson and former Prime Minister Khaleda Zia Thursday urged her party faithful to remain united against any "conspiracy" to harm the Bangladesh Nationalist Party, reports UNB."BNP is the largest democratic party. I have asked party leaders and workers...
Detained Awami League (AL) general secretary Abdul Jalil in a statement has said he is retiring from politics citing ill health and family concerns, but he rapped Sheikh Hasina for her "authoritarian leadership" and begged the government to release him,...
Chief Adviser Fakhruddin Ahmed Thursday urged members of the President's Guard Regiment (PGR) to dedicate wholeheartedly to building a modern and developed nation and a society free from terrorism and corruption, reports UNB. He was addressing a Darbar to mark...
Former BNP lawmaker Ali Asghar Lobi was Thursday sentenced to eight years in jail by a special court for dodging tax and suppressing information about tax, as trial of high-profile corruption suspects continued under the current purge, report agencies.Judge Shahed...
FE Report The country's overall domestic credit growth fell by about 3.0 percentage points during the first 10 months of fiscal 2006-07 compared with that of the same period of the previous fiscal due mainly to political uncertainty. Overall domestic...
FE Report Bangladesh is set to beat India in garment exports in the wake of an appreciating rupee, according to an Indian newspaper report. Last year, the country exported garments worth US$8.0 billion, whereas Bangladesh notched up around US$7.8 billion....
FE ReportThe government has temporarily shelved a plan about appointment of new dealers at union level considering that such an initiative might cause disruption in fertiliser distribution during the on-going Aman paddy cultivation.It has asked the existing 4,800 dealers to...
FE ReportThe Power Division has placed a proposal to the Council of Advisers seeking an amendment to the existing Captive Power Policy (CPP) with enhancement of the electricity tariff by maximum five per cent.As per the proposal containing the draft...
Joe Leahy, FT Syndication Service MUMBAI: A plan by Mukesh Ambani to build what could be the world's most lavish private home on the site of a Mumbai orphanage has run into red tape, showing that even India's richest man...
CHAPAINAWABGANJ, July 05: Nachol police filed a case against about 5,000 unnamed people accusing them of ransacking and setting on fire the office of UNO on Wednesday demanding supply of fertiliser. But none was arrested till Thursday evening. Meanwhile, administration...
The proposed amended organogram of the Anti-Corruption Commission (ACC) with nearly double the existing manpower is expected to be approved in 10 days to facilitate the anti-graft watchdog to function more effectively. "The Chief Adviser telephoned me Wednesday and told...
S M JahangirThe government will soon sign a Tk 10.70-billion credit deal with the Japan Bank for International Cooperation (JBIC) for implementing three power projects including installation of a 360-megawatt (MW) plant at Haripur.Installation of two other electricity sub-stations --...
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