Siddique Islam The country's overall balance of payments (BoP) continued to be in surplus during the first 10 months of the fiscal 2006-07 mainly due to improvement in both current and capital accounts. The current account balance recorded a surplus...
A Z M AnasThe Bangladesh Bank (BB) is drafting a "groundbreaking" law aiming to give the legal coverage to the millions of migrant workers who send home a sizable chunk of remittances annually.A team of local and international experts at...
Jasim Uddin Haroon The turnaround time of vessels at the country's premier Chittagong port rose and container handling fell in June due mainly to inclement weather.The vessels stay time in June averaged 3.60 days against 3.48 days in May last.But...
FE ReportShops, shopping malls, markets and business establishments will, from now on, remain open until 8:0pm across the country.The interim government has extended the closing time limit for the shops, markets and business houses by one hour, aiming to accelerate...
BNP standing committee member RA Gani Saturday disagreed with secretary general Abdul Mannan Bhuiyan's way of announcing proposals to reform the party, reports UNB.Talking to reporters at his residence, Gani said Bhuiyan could have placed his reform proposals to the...
Awami League presidium member Begum Matia Chowdhury Saturday said the practice of democracy sans two top leaders-Sheikh Hasina and Khaleda Zia -- is a "misconception", as crosscurrents kept surfacing in the current process of political reforms, reports UNB.Talking to reporters...
FE ReportSiemens Bangladesh Ltd celebrated Saturday its 50-year anniversary in Dhaka with a commitment to support Bangladesh with its cutting-edge technologies, high-quality products and rich experience.Siemens activities in Bangladesh focus on developing the infrastructure in the country, with Bangladeshi partners...
M Azizur RahmanThe Ministry of Civil Aviation and Tourism has sought help from the Ministry of Finance to rid the national flag carrier - Biman Bangladesh Airlines - of its huge debt of over Tk 15 billion to the state-owned...
A big garment factory burned down in a terrible fire at Malibagh Chowdhurypara apparel hub in the capital Saturday, as a combined combat proved futile in controlling the blaze, reports UNB.Officials and witnesses said six people, including two firefighters, were...
CHAPAINAWABGANJ, July 7: An official committee submitted its report on Nachole incident Saturday but the findings had not been disclosed. Three-member committee headed by additional district magistrate Mustafizur had probed into the Wednesday's ransack and ablaze of UNO office by...
NARAYANGANJ, July 7: Garment workers put barricades on Dhaka-Sylhet highway at Rupashi in Rupganj Upazila Saturday, demanding their outstanding salaries and overtime bills. Witnesses said the workers of Shikder Apparels blocked the road as its management did not pay the...
The land depression over West Bengal and adjoining area moved westwards and was lying over Bihar and adjoining area as a land depression Saturday noon. It is likely to move in a northwesterly direction further through land. "Steep pressure gradient...
FE ReportThe high powered committee on fertiliser price will sit on July 11 to finalise their recommendations on the proposed price hike of urea and with its assessment of the impact of the hike on the farming level.The committee had...
FE ReportOfficials from the UN member states will gather Tuesday in the Belgian capital of Brussels to shed new light on how migration could contribute to development.The Global Forum on Migration and Development, first of its kind, will be held...
Naim-Ul-Karim The government is actively considering to set up two new urea fertiliser factories with a production capacity of about 850,000 metric tonnes (MT) at an estimated cost of about Tk 50 billion, sources said.They said the projects for setting...
FE Report The Ministry of Finance (MoF) has asked the Ministry of Communications (MoC) to rationalise the road tax on vehicles taking into account the luxury cars like BMW, Lexus and Mercedes Benz, official sources said.It has made the recommendation...
FE Report An inter-ministerial meeting will be held on July 10 at the Ministry of Commerce (MoC) to discuss the proposed consumer protection act. Earlier, the MoC sent the consumer protection act of 2006 to the Council of Advisers to...
FE Report The country has made payment of US$380 million to the Asian Clearing Union (ACU) for the May-June period of the current year. Following this payment, the foreign exchange reserve stood at $4.73 billion Thursday last against $5.13 billion...
BARISAL, July 07 (UNB): Hilsha exporters of the region apprehended that they, as well as the importers, would have to count a whopping loss following the ban on export of the fish for next six months. "Both the local exporters...
Dacoits introducing them as RAB members entered into a gold trader's house and took away cash and gold ornaments worth about Tk 2.2 million at Bhagalpur Road in Hazaribagh area in the city Friday night, reports UNB.Inmates of the house...
Scope for cooperatives as an institutional structure is fading in the wake of withdrawal of assistance by donors and the government, speakers said at a discussion Saturday, reports bdnews24.com. The cooperatives are no more considered as an important tool of...
CHUADANGA, July 7 (UNB): A trial train carrying a 30-member Indian official delegation will arrive today (Sunday) at Darshana station near the border to advance talks on Dhaka-Kolkata train service. Senior officials of Home and Railway ministries are scheduled to...
Iraq market truck bomb kills 105 Rescuers had to take people to a nearby town for treatment A deadly truck bombing in a busy market in northern Iraq has killed 105 people and injured 240, police say, reports BBC NEWS....
All attention is now focused on a roadmap towards holding the stalled parliamentary polls as Chief Election Commissioner CEC) Shamsul Huda is poised to spell out the commission's detailed plans by July 15, reports UNB.The EC's blueprint is likely to...
Awami League President Sheikh Hasina urged the government to ensure supply of fertiliser for the fertiliser-hungry farmers and demanded withdrawal of the mass case filed against about 5,000 farmers of Nachol.In a written statement Saturday, the former Prime Minister said...
Awami League (AL) Presidium Member Ataur Rahman Khan Kaiser Friday rubbished Suranjit Sengupta's proposal to introduce presidential form of government and, simultaneously, revive the 1972 constitution, reports bdnews24.com. Kaiser faulted Suranjit on the so-called reform proposal when the former shared...
Jatiya Party (JP) leader Rawshan Ershad Saturday said she was the acting chairman of the party as she had the highest organisational position in it after Ershad in line with the JP constitution. Rawshan, wife of former president Hussain Muhammad...
Authorities in Russia have charged a former Russian tax inspector with spying for Britain, reports BBC NEWS. The Federal Security Service (FSB) said Vyachaslav Zharko was recruited by agents from Britain's MI6 foreign intelligence service. Correspondents say the move is...
SYLHET, July 7 (UNB): Jalalabad Gas Field collective bargaining agent (CBA) leader Masuk Uddin was sentenced to seven years rigorous imprisonment (RI) while his wife and close aide three years each Thursday for misappropriating government property.First class Magistrate Abdul Hye...
Bangladesh Nationalist Party’s (BNP) former lawmaker Ali Asgar Lobi, already sentenced to eight years in jail with pecuniary punishment for tax-dodging, now faces a graft case along with his detained wife.The charge hearing in the case takes place today (Sunday)...
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