FE ReportThe government will seek support from the country's business community to help the affected people of Thursday's worst cyclone-hit coastal districts."We will sit tomorrow (Tuesday) with leaders of the local business organisations to discuss how they can help the...
FE ReportEnergy and power adviser Tapan Chowdhury said Monday power supply in almost all the areas across the country, including the southern cyclone-hit districts, will get back to normalcy by November 21 next."And, by November 30 next the entire area...
Finance Adviser Mirza Azizul Islam relegated Aman to an insignificant crop and said this crop damage in the calamity would not affect county's economy, reports UNB."Cyclone SIDR damaged Aman crop, but this crop is not a significant crop for Bangladesh,"...
FHM Humayan KabirThe government is likely to approve the offloading of 49 per cent share of the Titas Gas Transmission and Distribution Company Limited (TGTDCL) in the stock markets at a meeting Thursday next, official sources said.According to sources, the...
FE Report The country's power sector incurred financial losses to the tune of Tk 335.63 billion over the past one decade following mismanagement and irregularities. This was revealed Monday in a study report prepared by the Transparency International Bangladesh (TIB).Of...
Ed Crooks and Javier Blas, FT Syndication ServiceRIYADH: Oil jumped more than $1 to above $95 a barrel after Opec said it would study further the effect of the falling US dollar on its economies following calls for it to...
The Anti-Corruption Commission (ACC) is going to file cases against five corrupt suspects, including former minister and Awami League (AL) leader Engineer Mosharraf Hossain, Swechhasebak League president Bahauddin Nasim mostly for acquiring wealth beyond their known sources of income, reports...
The task of preparing voter list for Dhaka City Corporation (DCC) area kicks off today (Tuesday), which the Election Commission (EC) is considering the toughest part of their ongoing countrywide photo voter-list programme, reports UNB.Meanwhile, Chief Election Commissioner ATM Shamsul...
Bangladesh has clocked the highest year-on-year mobile phone market growth among top 10 Asia Pacific countries during the third quarter of the year ongoing, according to a recent report of Wireless Intelligence. It says the country has added 1,329,396 mobile...
The government has reappointed Cabinet Secretary Ali Imam Majumder for another year on contract, an establishment ministry statement said Monday. The government cancelled his one-year leave preparatory to retirement, which was set to begin on November 29. —bdnews24.com
TANGAIL, Nov 19: Five alleged smugglers were killed in a truck accident at Ukhariabari in Dhonbari Upazila on Dhonbari-Jagirchala road while fleeing with raw rubber Sunday early morning. The deceased were identified as Matiar Rahman (28) and Kabir Hossain (32)...
The revenue income of the Bangladesh Telephone and Telegraph Board (BTTB) has increased significantly in the last 12 months. In the first two months of the current fiscal year, the BTTB earned Tk 476.26 billion (Tk 476.26 crore), which was...
FE Report The Bangladesh Bank (BB) has asked eight state-owned banks and financial institutions to intensify disbursement of fresh agriculture credit to the cyclone-affected farmers, official sources said. The central bank took the move as part of the ongoing post...
Shakhawat Hossain The Ministry of Finance (MoF) Monday in a gazette notification dropped Sonali, Janata and Agrani banks from the Bangladesh Bank Nationalisation Order 1972, sources said.Thus, the country's three largest banks, which functioned as nationalised commercial banks (NCBs) for...
The Regulatory Reforms Commission (RRC) will send a set of recommendations to the government in one month, aiming to bring dynamism to economic activities, its chairman Akbar Ali Khan made the disclosure Monday. "Our prime duty is to reduce government...
FE Report The government is contemplating providing special assistance to the farmers of cyclone-hit districts to facilitate re-plantation of crops and resumption of economic activities."We are discussing about providing such assistance and reviewing the situation," Bangladesh Bank governor Salehuddin Ahmed...
The submarine cable that links the country to the rest of the world through internet and telephone was restored Monday morning after being 'cut' for a second time in six days. Cable link of Bangladesh Telegraph and Telephone Board (BTTB)...
Chief adviser (CA) Fakhruddin Ahmed Monday called on every able person to assist in the rescue and rehabilitation of cyclone-ravaged people of the south, reports bdnews24.com. The CA could not hold back tears as he visited Majherchar in the coastal...
Naim-Ul-KarimPrices of two essential relief materials--flattened rice and puffed rice, locally known as Cheera and Muri, have gone up both at the wholesale and retail levels immediately after the hurricane SIDR hit the country, market operators said.Sources blamed supply shortfall...
Doulot Akter MalaThe SAARC group on customs cooperation, at a recent meeting, decided to harmonise customs procedures and documentation with a view to expediting the release of products at the ports of the member countries. In a bid to gear...
The Election Commission (EC) has halted its planned November 22 meeting with Saifur-led BNP faction, CEC ATM Shamsul Huda said Monday, reports bdnews24.com. The decision came a day after the High Court put a four-week freeze on the main polls...
ISLAMABAD, Nov. 19 (Agencies): Pakistan's opposition refused to attend a meeting called by the Election Commission today to discuss a code of conduct for parliamentary polls that the US says won't be fair under emergency rule. ``The entire opposition will...
FE ReportThe US dollar appeared stable against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market despite higher demand for the greenback, fund managers said.The market was active due to trading in the international market, they said.The inter-bank...
SINGAPORE, Nov 19 (AFP): Southeast Asian ministers Monday adopted a charter committing the region to promote human rights and democratic ideals, at the start of a summit dominated by the abuses of member state Myanmar."It will take us an important...
The government nominated three-member panels of Mayor for all of the country's six city corporations, as all but one seat of the city fathers have fallen vacant following their detention, reports UNB."The nominated panel mayors, in absence of the city...
Our CorrespondentCHITTAGONG, Nov 18: Chittagong Port (CP) magistracy in a mobile court campaign during last 10 months, recovered 1,257 kathas of land worth around Tk 2.50 billion (250 crore) from the clutch of unauthorised occupants, sources said.According to the CPA...
FE ReportNCC Bank Ltd held a conference of the executives and officers of Sylhet-based branches at Parjatan Motel in Sylhet Saturday.Chairman of the bank Tofazzal Hossain was present on the occasion as the chief guest.Executive vice presidents (EVPs) TM Faruque...
FE ReportIslami Bank Bangladesh Limited (IBBL) has taken a decision to distribute relief goods worth Tk 30 million in the first phase among the cyclone-affected people.This relief distribution and rehabilitation programme will be conducted by different branches of the bank...
United Commercial Bank Ltd (UCBL) has decided to donate Tk 2.5 million (25 lakh) to the Chief Adviser's Relief and Rehabilitation Fund for the cyclone-hit people.
JAMALPUR, Nov 18 (UNB): Sugarcane crushing began in Zeel Bangla Sugar Mills here Friday with a target to produce 10,075 lakh tonnes of sugar by crushing 1.30 lakh sugarcane this fiscal (2007-2008).Chairman of Sugar and Food Industries Corporation Kabir M...
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