Shakahwat Hossain The ministry of finance has proposed the names of a number of noted economists for induction in the advisory committee on macro-economic affairs, which will recommend measures on various important economic issues, sources said.The committee will start functioning...
FE ReportCorrection of share prices on the Dhaka Stock Exchange (DSE) continued Sunday for four days in a row following a decision taken by the Securities and Exchange Commission (SEC) Monday last asking the merchant banks and brokerage houses to...
The High Court (HC) Sunday stayed the operation of the Anti-Corruption Commission (ACC) notice asking detained former Prime Minister Khaleda Zia to submit statement of her wealth under the current drive against corruption, reports UNB.Passing the order, a division bench...
A Z M AnasThe caretaker government is set to name soon chief executives of Sonali Bank Limited and Janata Bank Limited, tagging their tenures with time-specific performance.SA Chowdhury, chairman of Bangladesh Krishi Bank, and Aminur Rahman, the incumbent managing director...
Doulot Akter MalaThe government has taken a move to update the age-old trade and business regulations following the guidelines of newly-established Regulatory Reform Commission (RRC). Sources said changes will be brought to duty exemption and drawback system, capital machinery import,...
Two Bangladeshi cattle-traders were shot dead by Indian Border Security Force (BSF) on Sadipur frontier at Benapole early Sunday. The deceased were identified as Shah Alam (26), son of Modhu Morol, and Rubel (17), son of Khokon Biswas, of Sadipur...
The European GSP facility for Bangladeshi textile products has been 'misused', prompting Germany to slap 12 per cent import duty on Bangladeshi products in case of suspected shipments, said a German Embassy official Sunday, reports bdnews24.com. "A large number of...
FE Report A special taskforce has started working to augment the recovery of overdue loan portfolios from delinquent borrowers of the troubled Oriental Bank Limited. The taskforce comprising officials from Bangladesh Army, Rapid Action Battalion (RAB), Anti-Corruption Commission and National...
ISLAMABAD (Agencies) - Former Pakistan prime minister Nawaz Sharif made a successful comeback from exile on Sunday in his second attempt this year. Ousted by President Pervez Musharraf in a bloodless military coup in 1999 and exiled to Saudi Arabia...
FE ReportThe SAARC member countries have decided to take a common position on various issues under the Doha Round negotiations for fostering increased regional trade against the backdrop of the changing global scenario."The Geneva-based ambassadors of the South Asian Association...
Ershad Khandker"Bangladesh will not suffer from subprime crisis because the volume of housing loan in Bangladesh is very small," said Managing Director of Rupayan Housing Estate Limited (RHEL) Mr Selim Sadat told the FE in an interview.Excerpts of the interview...
A man drowned while about 100 others went missing as a mechanised boat with outbound people capsized in the Bay off Teknaf coast near the tourist resort in Cox's Bazar early Sunday, reports UNB.Local sources said, the boat, carrying over...
FE ReportThe interim government will sit again with all the development partners tomorrow (Tuesday) to set a plan of action for ensuring a greater coordination between the administration and the donors in carrying out the post-cyclone relief operations.It will be...
Jasim Uddin Haroon A total of 83 entrepreneurs and commercial enterprises will receive the national export awards for their outstanding export performances in the past three fiscal years. The awards will be handed over to the recipients next month for...
A man was shot to death by robbers while another died as he fell from the rooftop in panic during a robbery in the city's Mirpur area early Sunday, reports UNB. Police said, a gang of 10/12 armed bandits entered...
FE Report The openings of fresh letters of credit (LCs) against imports increased, in valued terms, by 14.18 per cent during first 15-day of November '07 against first 16-day of the same month of the previous year.The import LCs worth...
FE Report The Bangladesh Bank (BB) has raised the maximum limit of cash foreign exchange equivalent to US$2000 for a traveller from existing $1500, official sources said. "We normally increase such limit when the flow of cash dollar stands at...
The Supreme Court Monday stayed Sheikh Hasina's bail granted by the High Court in a corruption case involving the Bangabandhu Memorial Trust. The Appellate Division simultaneously halted the HC stay order on the case proceedings. An Appellate Division full bench...
FE ReportIslami Bank Bangladesh Limited (IBBL) is continuing relief distribution activities among the distressed people, affected by the recent devastating cyclone 'CIDR.'The branches of Pirojpur, Bhola, Morrelganj and Mongla of IBBL have recently distributed relief-goods among the cyclone-affected people.Pirojpur branch...
LONDON, Nov 24 (Bloomberg): European stocks capped the longest streak of weekly losses since August after the Federal Reserve cut its US growth forecast, fueling concern the world's largest economy is sliding into recession. Porsche AG, which relies on the...
KAMPALA, Nov 24 (UNB): Britain has assured of its continued engagement in Bangladesh's development in line with the priorities set out by the Bangladesh government.British Minister for Development Cooperation Douglas Alexander gave the assurance during a meeting with Foreign Adviser...
Pro-Delwar BNP leader Major (retd) Akhteruzzaman said Saturday that he had been nominated convener of 'Khaleda Zia Mukti Parishad' (Committee on Khaleda Zia's Freedom). The group will work to get party chief Khaleda Zia out of jail, Akhteruzzaman told the...
BNP Acting Secretary General Major (retd) Hafizuddin Ahmed has demanded of the government to withdraw the State of Emergency within the next one month and to restore democracy through early elections.Talking to reporters at his Banani house Saturday, he also...
Jamaat-e-Islami Bangladesh Ameer Matiur Rahman Nizami has said his party leaders have been asked to carry out relief activities in the country's 15 cyclone-hit districts."Jamaat district Ameer have been asked to collect cash and relief materials from across the country...
Chief Election Commissioner (CEC) Dr ATM Shamsul Huda has said the Election Commission (EC) is not facing any problem conducting rallies for the publicity of voter-listing activities, as it does not smack of politics."Our publicity activities are of non-political nature....
GENEVA, Nov 24 (UNB): Development partners, United Nations (UN) agencies and international non-government organisations (NGOs) praised the disaster preparedness and response of Bangladesh in the aftermath of cyclone Sidr at a meeting held at the UN Palace of Nations Friday....
SYLHET, Nov 24 (UNB): Two activists of Bangladesh Chhatra League (BCL), student wing of the Awami League, were sentenced to 10 years imprisonment here Thursday in an arms case.A tribunal sentenced the two BCL cadres -Aftab Hossain, son of Abul...
FE ReportDifferent national and international organisations started vigorous relief activities for SIDR victims at the cyclone-affected areas in the country.Different universities: The teachers and students of the universities as well as colleges under national university started massive relief operation through...
Nine persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Sirajganj, three people were killed and four others injured as a Dhaka-bound night coach rammed into...
Two more C-130 aircraft of Pakistan Air Force, carrying medicines, medical equipment and 24 paramedics, reached Barisal Saturday for providing medical treatment to the cyclone victims, reports UNB. Two other C-130 aircraft, carrying a 30-bed mobile field hospital and 55...
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