FE Report International Finance Corporation (IFC) Advisory Services for South Asia - the SouthAsia Enterprise Development Facility (SEDF)-providing tailored small and medium enterprise financing training to employees of Eastern Bank Ltd. The objective was to teach them to use credit-scoring...
FE ReportGreen Delta Insurance Company Ltd (GDICL) has approved 30 per cent cash divided for its shareholders for the year 2006.The dividend was approved in GDICL's 21st Annual General Meeting (AGM), held in the city Thursday, with the company's board...
FE ReportDutch-Bangla Bank Limited (DBBL) donated Tk 1.0 million (10 lakh) to Thangamara Mohila Sabuj Sangha (TMSS) for setting up an operation theatre in 'Rafatullah Community Hospital" under the supervision of TMSS.DBBL Additional Managing Director (AMD) AHM Nazmul Quadir handed...
Chief Adviser (CA) Fakhruddin Ahmed congratulated Gordon Brown on his assumption of the Office of Prime Minister of the United Kingdom (UK) of Great Britain and Northern Ireland through a unanimous election Wednesday, reports UNB.In a message of felicitation, the...
BARISAL, June 28 (bdnews24.com): A court here Thursday sentenced former BNP lawmaker from Barguna-3 constituency Motiur Rahman Talukder to three-year imprisonment and fined Tk 10,000 in a fraud case. If he fails to pay the fine, he will have to...
Foreign Affairs Adviser Iftekhar Ahmed Chowdhury has expressed his satisfaction over the outcome of recently concluded Bangladesh-India foreign secretary-level meetings."I believe our two foreign secretaries did an excellent job in addressing the issues of interest to both our countries and...
A construction contractor has filed an extortion case against former communications minister Nazmul Huda, his wife Sigma Huda and Advocate Elina Khan, police said Wednesday, reports bdnews24.com. Ohidur Rahman, who works for the Roads and Highways Department (RHD) as its...
COMILLA, June 28 (UNB): Former state minister and LDP leader Redwan Ahmed now in prison was accused of extortion in a case filed in the court today.Abul Kashem of Mohichail village in Chandina Upazila, accused Redwan, his brother Emran Ahmed...
Special Judge's Court Judge Amar Kumar Roy Thursday set July 4 for delivering the verdict against former state minister and BNP leader Mir Nasiruddin and his son Mir Md Helaluddin, reports bdnews24.com. Deputy Director of the Anti-Corruption Commission (ACC) Sharmeen...
Zahid ZamirIn modern economic systems interest plays a very important role. In fact, in the Western world as well as some eastern countries people cannot think of any economic system without interest. From a theoretical standpoint, interest has been a...
Lawrence Summers When I studied economics in graduate school a generation ago we were taught that it was a "stylised fact" that the US income distribution was very stable. We were shown that the fraction of the population in poverty...
Dr. M.R. Khan, Dr. Zulfiqar Bhutta and Dr. Nitin K. Shah Throughout South Asia, newspapers often highlight the risks posed by HIV/AIDS, malaria, and tuberculosis. But among our children, a graver threat remains ignored by the headlines. In India, Pakistan,...
Sri Lanka needed just 30 minutes on day four of the first Test in Colombo to complete a crushing innings and 234-run victory over Bangladesh, reports BBC. Resuming on 233-5, the visitors were shot out for 254 as Lasith Malinga...
Mexico masterminded a stunning 2-0 win over defending champions Brazil in the opener for both teams at the 2007 Copa America Championship Wednesday, according to Internet.Nery Castillo scored at the 24th minute before Ramon Morales made it 2-0 just five...
Title aspirants Abahani Limited earned a hard-fought 2-1 win over Chittagong Abahani in the day's lone return league match of the B League at the Bangabandhu National Stadium in the city Thursday, reports UNB.With this result, the popular "sky blue"...
Wimbledon champion Roger Federer took just 11 minutes on day four to wrap up a convincing straight-sets win over Argentine teen Juan Martin del Potro, reports BBC. The Swiss, aiming for a fifth straight Wimbledon crown, sped through the first...
Riding on a hat-trick by Rimon, Rajshahi DSA made a flying start in the five-team super league of the 27th National Hockey Champi-onship as they drubbed Mymensingh DSA by 8-1 goals Thursday, reports UNB.Rimon made the hat-trick scoring fours goals,...
Abahani Limited kept their winning run in the AB Bank Metropolis Women's Table Tennis League beating Dhaka Youngs Club by straight 3-0 sets at the NSC Wooden Floor Gymnasium in the city Thursday, reports UNB.Rumi (Abahani) beat Binty (Youngs) 11-5,...
FE ReportPresident Iajuddin Ahmed approved Thursday the national budget for financial year (FY) 2007-08 with some changes in fiscal proposals that would cost the government Tk 4.0 billion in revenue, officials sources said."The changes have been made in the rates...
The 15-storey BGMEA Bhaban was built without approval of Rajuk and it should be knocked down just as Rangs Bhaban is going to be, an adviser said Thursday, reports bdnews24.com. Local Government Adviser Anwarul Iqbal said, "No permission was taken...
The Election Commission (EC) seems to be in a dilemma over the question of having dialogue with the political parties on electoral reforms as the parties stand apart, and one of them split, amid the current purge, reports UNB/ bdnews24.com....
Finance Adviser Mirza Azizul Islam said Thursday they were trying to bring back money apparently funneled out of the country by corrupt politicians and business magnets."We're on that track. Bangladesh Bank is doing its best… government is trying its best,"...
The Anti-corruption Commission (ACC) has summoned 13 more corruption suspects to submit their wealth statement and far more are within the dragnet of the watchdog, as the purge seems to be picking up on a higher scale, reports UNB."We have...
FE Report The Asian Development Bank (ADB) and the Government of Bangladesh Thursday signed loan agreements of US$465 million to further develop the power sector of Bangladesh and help ensure the delivery of reliable electricity supply to its people. This...
FE Report Loan defaulters, tax evaders and persons convicted of crimes, corruption and moral turpitude will not be eligible to participate in the country's apex trade body election to be held August 16 next.Members of the Federation of Bangladesh Chambers...
M Azizur RahmanThe government's aim to generate 5,875 megawatt (MW) of additional electricity by next five years (2007-2012) to address a chronic electricity supply shortfall seems a forlorn possibility in a state of poor gas supply.Sources said in its plan...
BANDARBAN, Jun 28 (bdnews24.com): Joint forces have rescued Danida driver Mohammad Hanif from captivity, three days after he was abducted along with another staffer, said Chittagong divisional commissioner Mokhlesur Rahman Thursday. About 200 members of BDR and army launched an...
The tenure of BNP secretary general will also be same as of the chairperson's six years spreading over two terms, under the party-cleansing reforms kicked off by the rebels, report UNBBNP Vice-chairman Hafizuddin Ahmed Thursday told the reporters on the...
Simeon Kerr, FT Syndication ServiceDUBAI: A recent spate of cross-border deals is deepening the consolidation of financial services in the oil-rich Gulf as banks seek to build themselves into regional champions to fend off increasing competition from international players. Government...
The government has decided to release Awami League Presidium Member Sheikh Fazlul Karim Selim on parole, allowing him to see his deceased mother. His mother, Achhiya Khatun (90), the elder sister of Bangabandhu Sheikh Mujibur Rahman, died of old-age complications...
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