The National Board of Revenue (NBR) has asked commercial banks to give information on accounts of another 55 people, its chairman said Tuesday, reports bdnews24.com. The banks have also been directed to suspend banking transactions of nine persons. Accordingly, the...
Shakhawat Hossain Former Prime Minister Khaleda Zia has disclosed an additional Tk 4.0 million income for the tax assessment year of 2004-05, sources said.Put into a sub-jail by the caretaker government on alleged corruption charges last month, Khaleda, who is...
FE Report The Bangladesh Bank (BB) has streamlined its guidelines relating drawing arrangements with overseas exchange houses through increasing their security deposits to avoid any financial risks. The central bank took the move against the backdrop of First Solution Money...
A special court dealing with high-profile corruption Tuesday sentenced former BNP lawmaker Manjurul Ahsan Munshi to 13 years in jail for having undeclared assets and suppressing information, reports bdnews24. com. Mohammad Ashraf Hossain, the judge of Special Judge's Court 5,...
As per latest projections made by the Election Commission (EC), the new voter list with photograph may be finalised by July 2008 and the general election is likely to be held before October next year-a little ahead of the set...
Naim-Ul-KarimThe National Board of Revenue (NBR) has implemented the budget proposal relating to specific customs duty at the rate of Tk 39,000 per tonne against the import of lubricating oil to help the country's farming sector, sources said."We are hoping...
Clive Cookson, FT Syndication ServiceLONDON: Two Europeans have won this year's Nobel physics prize for a nanotechnology discovery that has led to the miniaturisation of hard disks in laptop computers and music players.Albert Fert of Université Paris-Sud in France and...
The trade union rights of the workers in the country's export processing zones (EPZs) have been extended up to October 31, 2010. The Council of Advisers at a meeting Tuesday approved a proposal in this regard to amend the EPZ...
Asian Development Bank (ADB) Vice-President Liqun Jin arrives in the city today (Wednesday) on a three-day official visit. Liqun Jin is responsible for the operation of ADB's South Asia Department, Central and West Asia Department, and the Private Sector Operations...
Bangladesh Telecommunication Regulatory Commission (BTRC) Tuesday extended the deadline for re-registration of mobile SIM cards by two months to Dec 16. — bdnews24.com
The depression, formed over Barisal, moved north and north-westward Tuesday morning to hover over Tangail, Mymensingh, Sirajganj and areas close by. The depression was reported to have been causing medium to heavy rains all over the country, and weakening gradually.—...
FE ReportThe International Chamber of Commerce (ICC) Bangladesh has urged the government to look into the issues of spiraling price hike of essentials and increasing inflation with due attention."The unabated price rise has put under threat the impressive achievements made...
FE Report The Ministry of Finance (MoF) will form a mid-term budgetary framework (MTBF) unit aiming to strengthen the budget management of the line ministries, sources said.It has to form the unit under its financial management reform programme. As such...
FE ReportBuying spree of institutional and retail investors continued to jack up the share prices on the Dhaka Stock Exchange (DSE) Tuesday, the last trading day ahead of the Eid-ul-Fitr.As a result, the benchmark DSE General Index or DGEN crossed...
The government Tuesday appointed 179 officials working at different levels of the judiciary as judicial magistrates, reports bdnews24.com. There was no official announcement from the government in the form of a circular, but a senior official of the Supreme Court...
FE ReportThe US dollar posted slight gain against the Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market although the demand for the greenback was stable, fund managers said.The inter-bank call money rate also remained unchanged despite withdrawal of...
The government Tuesday asked the garment owners to pay wages and Eid bonus to their workers by tomorrow (Thursday) to avert any unpleasant situation before Eid-ul-Fitr, reports UNB."We want to avoid any sort of unwanted situation before Eid, pay wages...
M Azizur RahmanThe French oil giant Total is set to begin its Bangladesh operations for hydrocarbon exploration in its designated gas blocks in the Bay of Bengal from November this year."Total has already submitted its work plan to Petrobangla regarding...
The press box roof of Bangabandhu National Stadium (BNS) collapsed Monday night, some three-hours after the World Cup pre-qualifying tie between Bangladesh and Tajikistan, reports bdnews24.com. The roof breakdown however left none hurt at the empty box that was packed...
The Securities and Exchange Commission (SEC) is set to investigate the share-related dealings of two merchant banks and as many brokerage firms, a senior official said Tuesday, reports bdnews24.com. The stock market regulator is concerned about share transactions of the...
Jamuna Group chairman Nurul Islam Babul Tuesday was acquitted in three cases on charges of fraud, land grab and issuing death threats, reports bdnews24.com. Babul was accused along with his wife and son in two cases but was the sole...
FE Report Prices of soda silicate, a chemical, increased by around 400 per cent over the past few days in the local markets.Soda silicate is a raw material for manufacturing different kind of boards that are used for making cartons,...
FE Report The Ministry of Information recently sought information on the business activities of international news agencies operating in the country from the National Board of Revenue (NBR) and the Board of Investment (BoI), sources said.An assistant secretary of the...
In defence of the standby modeAlan Cane, FT Syndication ServiceThe need for consumers to turn appliances off rather than leave them in standby mode may be rendered obsolete by technology.Scientists at the Cologne Institute for Economic Research have calculated the...
With the advancement of telecommunications technology, the volume, speed and ease of information transfer over long distances have increased manifold. What is more reassuring is that all these improvements have also been accompanied by appreciable reduction in costs. Of all...
Enayet RasulTHE readymade garments (RMG) industries of Bangladesh together with remittances from overseas Bangladeshi workers, are the twin pillars supporting the Bangladesh economy. Sound performance in both of these sectors is crucial for the basic macro economic stability of Bangladesh....
Mujibul HaqueThe high profile activities of the present caretaker government against corruption has earned wide attention and appreciation. But it is also asked whether the on-going drive and the application of laws and courts against the corrupt ones would prove...
Amy Yee INDIA'S government has launched a plan to offer health, life and disability insurance to some 400m working poor as it tries to deliver on its promise of a "New Deal" for rural India. P. Chidambaram, India's finance minister,...
IT is highly important to nominate honest and capable candidates for the coming national elections in order to help promote the values and norms of good governance. In the absence of this, it would be business as usual with the...
AT present the number three cautionary signal for the sea-ports are not so effective for the poor fishermen of our country. The unscrupulous and needy fishermen with their wooden-bodied fishing trawlers do not care for this signal. But the sea...
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