GENEVA, July 2 (AFP): A United Nations survey said today that there were still major shortcomings in business's approach to human rights and anti-corruption measures despite progress in adopting socially and environmentally responsible standards. The first report on the corporate...
BEIJING, July 2 (CEIS): China and Pakistan will start to cut or scrap tariffs on all products from July 1 to boost bilateral trade, Wang Xinpei, spokesman of the ministry of commerce, has said. The two-phase step is in accordance...
DUBAI, July 2 (PTI): Kuwait has welcomed the new deal with India on air traffic rights, saying it will help civil aviation links between the two countries. Both sides reached an agreement after three days of nerve-wracking talks following Kuwait's...
SEOUL, July 2 (AFP): South Korea's exports grew 15.9 per cent in June year-on-year to hit an all-time record of 32.3 billion dollars, raising hopes that economic recovery will pick up pace in the second half of this year. "Exports...
KATHMANDU, July 2 (Xinhua): About 18,000 child workers are working in the high risk mechanical sector in Nepal, out of which 25 per cent are of age 13 to 15 years, a report published here today said. According to the...
DUBAI, July 2 (PTI): About 27,500 immigrants, including 7,000 Indians residing illegally in Kuwait, have left during the two-month amnesty period granted by the government, country's interior ministry has said. The amnesty, which began May 1 and ended on June...
Shakhawat Hossain The Saudi prince, buyer-designate of the largely state-owned Rupali Bank, has empowered the existing bank management for taking appropriate measures including temporary recruitment to continue the smooth banking operation.On behalf of Prince Bandar Bin Mohammad Bin Abdulrahman Al-Saud...
Awami League presidium member Tofail Ahmed Monday spelt out a package of reform proposals for his party and the statecraft, seeking checks and balances between the power of the President and the Prime Minister to avert such political crisis as...
Doulot Akter MalaThe National Board of Revenue (NBR), in the backdrop of intensive drive against tax evasion, has surpassed the enhanced target for income collection by Tk 1.6 billion in the just concluded fiscal year (2006-07). The board collected income...
Jasim Uddin Haroon A fresh statutory regulatory order (SRO) is likely to be issued relating to introduction of freight forwarding licence to bring discipline in the business.Sources at the National Board of Revenue (NBR) said it might be issued the...
The Election Commission will sit with the political parties to discuss the draft electoral law reforms unless the parties' reforms are completed under the current purge, reports UNB.Even if the ban on indoor politics goes, the EC would not hold...
FE ReportThe total market capitalisation on the Dhaka Stock Exchange (DSE) Monday crossed $ 7.0 billion-mark with the closing of the benchmark index near 2200 points due to buoyant trading of issues under banking, insurance, power and mutual funds.Earlier the...
FE ReportThe World Bank has suggested modernisation of its economic zone regime by Bangladesh through enhanced public-private partnership, reflecting international best practices. "Bangladesh should pursue reforms that leverage the benefits of public-private partnerships, combining public sector regulation with private sector-driven...
Two sets of rules on judicial service designed to implement the 12-point directives of the Supreme Court (SC) to free the judiciary from the influence of the executive came into effect from Sunday, reports bdnews24.com. The rules are Bangladesh Judicial...
The Anti-Corruption Commission (ACC) Monday issued notices to 17 corrupt suspects, including former ministers Moudud Ahmed and Aminul Haque, directing them to submit their wealth statements within seven working days, reports UNB."The notices were issued today (Monday) asking the 17...
COX'S BAZAR, July 2: The connecting point of the high-tech undersea submarine cable came under threat near Kalatali beach just one year after the inauguration as erosion of the coast by the sea took a serious turn near the site....
Mohammad Ishtiaq of Bangladesh Army has been appointed Ambassador to Turkey, an official announcement said Monday. — UNB
FE Report The government is considering introducing unified tax identification number (UTIN) instead of the present tax identification number (TIN) and business identification number (BIN) to make the tax payment system more simplified. Chairman of the National Board of Revenue...
FE Report The Bangladesh Bank (BB) has asked eight commercial banks, which had drawing arrangements with the London-based First Solution Money Transfer Ltd., to submit latest transaction profile reports of the company immediately. "We have asked the banks to submit...
M Azizur RahmanThe cabinet committee on government purchase Monday approved proposals of five lowest bidders to set up ten small power plants (SPPs) at separate locations to generate over 200 megawatts (MW) of electricity across the country.Summit Power has obtained...
FE ReportThe World Bank has asked Bangladesh government to complete the ground works including preparation of the development project proforma (DPP) and tender documents for implementing three integrated energy and power sector projects to be financed by the global lender.The...
Naim-Ul-KarimThe imposition of 10 per cent customs duty on import of aircraft and spares in the fiscal budget 2007-08 year will affect the country's aviation sector.Sources in aviation sector said state and private owned airliners might have to increase their...
WHEN the diagnosis of a disease is rendered impossible by its conflicting symptoms finding its cure is really difficult. It may be as impossible like searching out an oasis in a large hazy desert where floating sands whipped up by...
Shamsul Huq ZahidTHE controversy centring the 15-storey BGMEA Bhaban near the Sonargaon Hotel in the capital has created, on the one hand, serious confusion among the people and opened up the Pandora's Box on the other. It was no less...
Mohammad MohsinTHE national budget for the fiscal year 2007-08 is now operational with effect from July 01, 2008. The Taka 871.37 billion budget was earlier approved by the President last Thursday. The finance adviser stated at a press conference Saturday...
Robert Reich A quiet but important debate is breaking out inside the Democratic party. It will largely determine whether the Democrats, should they win back the White House in 2008 and maintain majorities in Congress - as seems increasingly likely...
The sudden reformists of the two major political parties appear like boats drifting with tide. They also seem like jute plants that knell according the speed and direction of the winds to the ground in submission to or in a...
POTTERS in Bangladesh are highly skilled and innovative. They know how to produce a variety of pots, pitchers, toys and other items in the finest inventive styles.As we buy those for our precious drawing rooms, we never think of the...
Qazi AzadBangladesh politics is manifestly passing through a major turning point. The systemic changes in the party apparatus reportedly being contemplated by the major two political parties go much beyond the concept of the so-called 'minus two' theory- a widely...
Atia Akter AvaCOMMENTS and opinions of political leaders and politically-oriented intellectuals, as reported in newspapers and other news media, about the role of Sheikh Hasina of Awami League (AL) and that of Begum Khaleda Zia of Bangladesh Nationalist Party (BNP)in...
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