Our CorrespondentThe Century old Chittagong Court Building has become extremely risky and may lead to a tragic incident at any moment claiming precious human lives and destroying valuable properties. Work of judicial trial is going on under such a constant...
CHITTAGONG, Aug 6 (UNB): Bodies of two schoolboys, among three washed away by seawater at Patenga beach Sunday, were recovered Monday. Local people found the bodies of Ibrahim Miah Ripon and Avisek Barua Sabuj floating 100 yards from the spot...
FE Report Banks and non-banking financial institutions (NBFIs) froze Monday accounts of 20 individuals, including Awami League president Sheikh Hasina and her close relations, and three organisations following instructions from the National Board of Revenue (NBR). The banks and NBFIs...
The Anti-Corruption Commission (ACC) will accept any verdict of the High Court on the notice issued to former Prime Minister Sheikh Hasina for submitting her wealth statement, but her deadline remains August 08 (Wednesday) as the court did not pass...
FE ReportThe stock prices of most of the issues on the Dhaka Stock Exchange (DSE) continued to dip for the second consecutive day Monday as selling pressure mounted amid a declining turnover.Brokers said investors are now shying away from making...
Former prime minister Khaleda Zia has wealth, including movable and immovable property, worth Tk 35 million, according to a statement submitted to the Anticorruption Commission (ACC) through her lawyer Monday. The statement signed by the BNP chairperson says she does...
The current floods that caused havoc to life and property across the country took a toll of at least 156 people died until Monday morning, as millions marooned or homeless remained in abject misery for dearth of bare necessities and...
Shakhawat Hossain Four companies, including three commercial banks and one cellular phone operator paid more than Tk 1.0 billion each as income tax marking a new era in the country's revenue collection."The amount of income tax paid by StanChart, HSBC,...
FE ReportIn a bid to avoid traditional time lag, Chief Adviser Fakhruddin Ahmed has asked the education ministry to wrap up all procedures for development projects by December, slated for completion in the current fiscal (2007-08). The directive came Monday...
Doulot Akter MalaThe Indian government recently agreed, in principle, to provide port facilities at its Petrapole land customs (LC) station to facilitate smooth export and import activities with Bangladesh.The Central Board of Excise and Customs (CBEC) Department of Revenue in...
M Azizur RahmanThe US-based gas field blowout prevention firm - Boots & Coots - being the lone bidder has proposed to plug gas seepage at Titas gas field in Brahmanbaria district at a cost of US$10.7 million.The cost offered by...
THE present caretaker government (CTG) has been over-tasked. Ever since its take-over in early January, a rising stream of public suggestions for amending all accumulated wrongs of the last 35 years expanded the list of its priorities. Now a major...
Shamsul Huq ZahidTHE International Monetary Fund (IMF), which is known for promoting the interest of the private sector across the globe, of late, has soured its relationship with the Bangladesh business community. The leaders of the main trade bodies in...
John Burton GAUTAM Banjeree is the type of foreigner Singapore wants to attract. The Indian-born accountant left London after university in the early 1980s and moved to the city-state, where he became a citizen in 1990.Now the head of PwCAsia,...
John Kay WHAT is the link between a visit to Russia by an eighteenth-century Swiss mathematician, collateralised debt obligations, and the philosopher's stone?The Swiss mathematician Daniel Bernoulli first propounded the St Petersburg Paradox. A version for today's markets envisages a...
LET us all be partner, not competitor to overcome the problem of disruption in CDBL Central Depository Bangladesh Limited (CDBL) established with the equity participation of a group of organisations, mainly the financial institutions and being managed and operated by...
This letter is in reaction to the article on the subject, published in the FE yesterday. Arguing her case for amending the particular Act, its writer asserted, 'Over the years, there have been extensive changes in the Guardianship and Custodian...
Michael Schwartz President Bush has called upon Congress, the American public, the Iraqi people, and the world to suspend judgment -- until at least September -- on the success of his escalation of the war, euphemistically designated a "surge." But...
Jim Lobe from WashingtonSen. Barack Obama, a leading candidate in the race for the Democratic presidential nomination, said Tuesday he would make Afghanistan the focus of U.S. anti-terror efforts and unilaterally strike terrorist targets across the border in Pakistan if...
KUALA LUMPUR, Aug 5 (AFP): Zimbabwean President Robert Mugabe and other African and Southeast Asian leaders are meeting in Malaysia this week to draw up a plan to fight poverty and bolster economic ties. Mugabe's presence at the gathering on...
TOKYO, Aug 5 (AFP): Fearing their government cares more about big business than small farmers, Japan's rural dwellers are deserting the ruling conservative camp, leaving its plan to open up the agriculture market in doubt. With the opposition now in...
WASHINGTON, Aug 5 (AFP): The Federal Reserve is widely expected to keep US interest rates on hold at its meeting Tuesday despite increasing against about America's troubled housing and mortgage markets, economists say. Ten members of the Federal Open Market...
NEW DELHI, Aug 5 (PTI): Orkut, Linkin, Facebook and other similar popular social networking sites are fast doubling up as the modern day employment exchanges with job seekers as well as companies and recruiters head hunting for talent. The social...
FE ReportTakaful Islami Insurance Ltd earned Tk 22.6 million more in the first six months of 2007 in comparison to the corresponding period of 2006. The 30th meeting of the board of directors of Takaful Islami Insurance Ltd was held...
STOCKHOLM, Aug 5 (Xinhua): Registered unemployment in Norway was at a record low of 51,000 persons, or 2.1 per cent of the total work force in July, said reports reaching here from Oslo yesterday. This is in reality full employment,...
BEIJING, Aug 5 (AFP): More than 12 million foreign tourists visited China in the first half of 2007 and the country is in line to set a new record if the trend continues, according to the national tourist body. The...
THIRUVANANTHAPURAM, Aug 5 (PTI): Kerala Chief Minister VS Achuthanandan yesterday asked the newspaper wage boards to submit proposals on wage revisions without delay. Speaking to the Wage Board Chairman Justice Narayana Kurup and other members who called on him here,...
HONG KONG, Aug 5 (AFP) - Asian currencies ended the week mixed against the US dollar after global share prices rebounded and as dealers predicted a rise in Australian interest rates. JAPANESE YEN: The yen fell back after hitting a...
SEOUL, Aug 5 (AFP): China will offer 50,000 tons of heavy fuel oil to North Korea this month under the second phase of an aid-for- disarmament nuclear agreement on the communist state, a report said today. South Korea's Yonhap news...
WASHINGTON, Aug 5 (AFP): The US House of Representatives has made an unprecedented step toward cutting greenhouse gas emissions as it passed an sweeping energy bill that requires utilities to produce 15 per cent of their electricity from wind and...
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