The court permission for interrogating detained former Prime Minister and Awami League president Sheikh Hasina on a graft case is likely to reach the jail authority today (Thursday), reports UNB.DIG (Prisons) Shamsul Haider Siddiqui said that the jail authority could...
Shakhawat HossainThe government might fail to avail itself a large part of the reimbursement facility offered by the World Bank (WB) against the 'golden handshake' (voluntary retirement scheme) programme now being implemented in some state-owned enterprises (SoEs).The slow progresses in...
Shahiduzzaman Khan Impact of food inflation is being felt all across the country. The prices of essential commodities, especially the food-related items, have gone up abnormally high and so the cost of living in Bangladesh. Country's vast multitude of the...
The metropolitan magistrate court Wednesday ordered warrant of arrest against Sheikh Rehana and attachment of her property for failing to appear in connection with Tk 30 million extortion case, reports UNB and bdnews24.com.Magistrate ABM Abdul Fattah of the Chief Metropolitan...
NEW YORK, Oct 24 (BSS): Chief of Army Staff General Moeen U Ahmed left here for China yesterday after a week-long visit to the USA."The Army Chief has left the John F Kennedy Airport by a Cathy Pacific Airlines at...
FE ReportA two-member team of the European Union (EU) now on a visit to the country has witnessed lack of coordination between the central and regional authorities engaged for ensuring quality standards of frozen food products. The team members, John...
SM JahangirThe government will explore the possibility of greater private-public partnership for raising the country's power generation on medium and long term basis with to reducing the dependency on the independent power producers (IPPs).A high-profile advisory committee on Power Ministry...
Finance Adviser Dr Mirza Azizul Islam Wednesday called upon the developed as well as developing nations to provide duty- and quota-free market access for all products from all LDCs (least developed countries) without any restrictions, reports UNB.He also sought full...
FE Report Nassa Garments, one of the country's leading apparel manufacturer, has locked out all its production units from Wednesday following labour unrest. The fresh labour unrest at the garments located at Tejgaon industrial area started October 18 when the...
Former Dhaka metropolitan magistrate Rokanuddowla Wednesday apologised unconditionally to the Chief Justice, the government and others for speaking against the separation of the Judiciary, report bdnews24.com and UNB. "In trying to express my feelings, I became rude. I therefore offer...
Jo Johnson FT Syndication ServiceNEW DELHI: Senior Indian government ministers are showing fresh enthusiasm for building an oil and gas pipeline to Iran, in a move likely to add further tensions to US-India relations. Growing support for the pipeline, which...
World Bank president Robert Zoellick will visit Bangladesh during the first week of November, government and WB officials said. "He [Zoellick] will come here on November 3 on a two-day visit," Shaheedul Haque, additional secretary at the Economic Relations Division....
The government has granted one-month leave to former chairman of the National Board of Revenue (NBR) Badiur Rahman. With the approval of the leave, according to rules, he became an officer on special duty (OSD) at the Establishment Ministry. The...
Dhaka cleared the position on operationalisation of the passenger train service between Bangladesh and India as a question arose in some sections of the press about Bangladesh's 'reluctance'. "The factual position is that discussions are ongoing on and a draft...
FE Report The authorities are concerned over the poor disbursement of agriculture credit as state-owned banks could distribute only Tk 8.85 billion during the first three months of the current fiscalThis is only 13 per cent of the total disbursement...
Raihan M ChowdhuryNovartis (Bangladesh) Limited will expand its business in the country aiming to contribute more to the national economy."In terms of infrastructure, we are proud of the human resources and structural capacity that we have. In addition, we will...
FE Report The Bangladesh Bank (BB) asked the commercial banks Wednesday to provide all-out cooperation to the fertiliser importers to ensure smooth supply of the agricultural inputs during the coming Boro season. "We have asked the banks to help traders...
Jasim Uddin Haroon The government has decided to reduce the handling charges of refrigerated containers at the country's premier Chittagong port, which might help bring down prices of the imported perishable items.The refrigerated containers are used for carrying perishable items,...
The Anti-Corruption Commission (ACC) Wednesday received the statement of former principal secretary to the Prime Minister's Office (PMO) Dr Kamaluddin Siddiqui by post in connection with the GATCO scam case, filed against former premier Khaleda Zia and 12 others, reports...
Sarwar ZahanThe government is going to make it compulsory for the non-governmental organisations (NGOs) engaged in micro-credit operations to ensure provisioning arrangement for loans disbursed, sources said.Finance ministry sources said it might be made mandatory for the NGOs to ensure...
Doulot Akter MalaThe National Board of Revenue (NBR) resumed its tax survey across the country Wednesday after an interval of 16 days for Eid-ul Fitr and Durga Puja holidays.The board had suspended the tax survey ahead of the Eid-ul Fitr...
FE ReportPrices of essential commodities, including rice and onion, have gone up substantially in the local markets putting the consumers, especially the people of low-income group, under tremendous pressure.Market operators said prices of rice and onion have registered a significant...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) Wednesday closed mixed due to profit taking by the investors.Market operators said most DSE indices fell after investors booked profit from gains made during a market rally over the past several...
FHM Humayan KabirThe World Bank (WB) is likely to provide financial support for the development of the country's energy sector and help augment production and supply of the hydrocarbon, finance ministry sources said.A WB mission is scheduled to arrive Dhaka...
FE ReportThe US dollar slightly gained ground against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money also rose nominally in an active market due to...
Dhaka, Oct 24 (UNB)- Task force tonight raided and searched the Pallabi residence of Proshika chief Dr Kazi Faruq Ahmed and Gulshan residence of Awami League leader AKM Rahmatullah. The search at Kazi Faruq's residence continued till midnight. Details were...
The country has sufficient stock of urea fertiliser to meet the demand during the upcoming Boro season and the government is cautious about fertiliser reaching the farmers on time.Adviser for Law and Information Barrister Mainul Hosein said this after attending...
Two seminars on Bangladeshi garments were held in Tokyo and Osaka of Japan recently to help expand the markets of garments there.Quality and different aspects of the apparel industry and possibilities and opportunities of foreign investments in Bangladesh were also...
BANGKOK, Oct 24 (AP): Most Asian markets fell Wednesday, with Japanese banking shares pulled down by a report that US investment company Merrill Lynch would post third-quarter losses larger than forecast.Shares fell in Australia, Indonesia, Singapore and Taiwan. Stocks in...
LONDON, Oct 24 (AFP): European stocks stabilised Wednesday as dealers sat tight ahead of important US economic data and after a volatile start to the week. In late morning trade, London's FTSE 100 index of leading shares was up 0.20...
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