German Ambassador Frank Meyke suggested that the current anti-corruption drive should be balanced with economic growth and public interest so both the tasks advance concurrently, reports UNB."It needs a right balance -- fight against corruption and protect economy and public...
SHERPUR, Oct 29 (UNB): Task force investigating the wealth of former lawmaker of Awami League (AL) Atiqur Rahman Atiq Monday visited his village home at Baroghoria in Sadar Upazila.Lawmaker for two consecutive terms Atiq was listed as corrupt-suspect by the...
CHITTAGONG, Oct 29 (UNB): Former Jamaat-e-Islami lawmaker Shahjahan Chowdhury, who went into hiding after the January 11 changeover, surrendered to a makeshift court in the port city Monday morning.Court sources said the ex-lawmaker appeared in the court at about 11:30...
FE Report The government has formulated 'privatisation regulation 2007' and it is expected to be approved soon by the Council of Advisers."The government has formulated the regulation to make privatisation process of State Owned Enterprises (SoEs) prompt and transparent," Abu...
FE ReportThe visiting team of the Saudi prince is yet to get any appointment with the officials of the finance ministry and the privatisation commission (PC), the two government bodies involved in divestment of largely state-owned Rupali Bank.Talking to the...
FE Report The Bangladesh Bank (BB) has increased the allocation to the Export Development Fund (EDF) to US$150 million (15 crore) from the existing $100 million to meet the growing demand of the country's exporters. Besides, the central bank has...
Chief Justice (CJ) Md Ruhul Amin Monday asked the judicial magistrates to work in a concerted manner and with integrity to give the November 1 plan for the Judiciary separation a head-start, reports bdnews24.com. "The judges must be answerable to...
A Dhaka court Monday issued arrest warrants against former state minister and Awami League leader Mofazzal Hossain Chowdhury Maya and four members of his family, reports bdnews24.com. Dhaka senior special judge Md Azizul Haque gave the order Monday afternoon to...
The Election Commission (EC) Monday said it was sending a letter to the secretary general of the BNP to invite the party to talks, but declined to name who the secretary general is, reports bdnews24.com. Election commissioner Sohul Hossain told...
Senior BNP leader and former finance minister M Saifur Rahman started a meeting with a number of senior colleagues Monday evening, apparently to reach a conciliation between the two factions of the troubled party. BNP's standing committee member Mahbubur Rahman...
A Dhaka court Monday turned down an appeal by an Anticorruption Commission (ACC) official to take Arafat Rahman Coco, who has reportedly been suffering from heart diseases, on remand in Gatco graft case, reports bdnews24.com. Metropolitan magistrate Mohammad Mizanur Rahman...
Siddique Islam Bangladesh Taka (BDT) has started appreciating against the US dollar following intervention by the central bank in the foreign exchange market. The Bangladesh Bank (BB) took the move against the backdrop of a rising trend of the greenback...
FE Report A new World Bank (WB) report has suggested that the government strengthen public-private partnership in managing diploma-level institutions to help make the country's vocational education system more responsive to the labour market needs."This (public-private partnership) should proceed on...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) Monday declined following price correction of some over-priced shares.Market operators said the prices of over-priced issues will come down normally in the price correction process, although most of the retail investors...
Shakhawat Hossain The government is unlikely to strike a fresh deal with the International Monetary Fund (IMF) on the extension of the poverty reduction growth facility (PRGF) or any other lending arrangement before the next general election."The caretaker government (CG)...
Javier Blas, FT Syndication ServiceLONDON: Rising food prices are likely to force developing countries to follow Russia's example and impose retail price controls to avoid social unrest, the United Nations' top agriculture official has warned.Jacques Diouf, director-general of the UN's...
FE ReportThe National Board of Revenue (NBR) Monday extended the time for submission of tax return again by another month.The NBR has for the second time extended the period -- this time up to November 30 from earlier deadline October...
Nine suspected operatives of the Islamic outfit Harkatul Jihad have been arrested along with 16 Arges grenades and other firearms in the latest hunt for the suspects in the August 21 grenade attack on Sheikh Hasina's rally, official sources said,...
Detained former premier and Awami League chief Sheikh Hasina refrained from helping the investigators with their inquiries into the graft charge involving a power-plant deal as she didn't get prior notice from the Anti-Corruption Commission (ACC) about the quizzing, reports...
The border-security forces of Bangladesh and India concluded a director general-level conference in the city Monday agreeing to show utmost restraint, and not to press the trigger in daytime to stop trespass, report bdnews24.com and UNB.Bangladesh Rifles (BDR) Chief Major...
M Azizur RahmanThe Energy and Mineral Resources Division (EMRD) will soon take decisions on a number of foreign direct investment (FDI) proposals that remain pending due to its non-clearance over the last couple of years. "As most of the FDI...
FE ReportAgriculture adviser CS Karim said Monday the government has no immediate plan to enhance the existing official prices of urea fertiliser though enhanced subsidy to the item would put additional pressure on budgetary resources. Karim said this at a...
FHM Humayan KabirBangladesh will need to increase the existing investment rate to 5.0 percentage points, relying on higher domestic saving, a World Bank (WB) policy paper said. In order to achieve this, three mutually reinforcing long-term transitions -- shift in...
NARAYANGANJ, Oct 29 (UNB): Unruly garment workers went on the rampage, vandalized factories and locked in clash with army and police personnel here Monday, leaving at least 30 people wounded, including five cops.Witnesses and official sources said the Fatulla industrial...
President Iajuddin Ahmed leaves for New York today (Tuesday) on a week-long official visit to the United States. During his seven-day visit to the US, he would attend functions in Ohio and New Orleans. — UNB
A number of Bangladesh companies have received export orders worth US$ 3.29 million (32.9 lakh) at the Bangladesh Single Country Trade Fair held in Japan on October 22-25. Of the companies, five received spot orders worth $ 1.0 million while...
A young man was shot dead allegedly by his friends in the city's Dhanmondi area early Monday. The dead was identified as Jasim (30). —UNB
The Rapid Action Battalion seized up to 400 bottles of alcoholic beverages in an overnight raid on the home of a Purbani Hotel director in Dhanmondi early Tuesday as the elite force widened its search for his girlfriend with links...
THE volume of remittance money sent by the Bangladeshi expatriates has been increasing at a faster rate in the recent years and it soared to US dollar 6.0 billion in the last fiscal year from a paltry amount of US...
Moazzem HossainTHE import bill on account of crude petroleum and petroleum products will record a further surge in fiscal 2007-08 as oil prices continue to soar in the global market. The international oil market remains overheated. Prices thereof have already...
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