Raihan M ChowdhuryThe recent Bangladesh Bank directive to maintain 1.0 per cent provisioning against off-balance sheet financings will have a negative impact on the country's listed banks at the time of disbursing dividends to the investors. Banking sector issues are...
Awami League (AL) chief Sheikh Hasina Friday expressed her wishes to talk by telephone with her expatriate son, daughter and sister at least once a week, reports bdnews24.com. She also wants to use a computer in the special jail, her...
FE ReportThe Bangladesh Bank (BB) has convened a special discussion meeting on inflation tomorrow (Sunday) as a part of its move to conduct more rigorous analysis on the current inflationary trend, according to BB officials.They say economists, researchers, finance officials,...
NEW YORK, Aug 17 (Agencies) : Stocks rose on Friday after the Federal Reserve unexpectedly cut the discount rate in a move to keep credit flowing, but market euphoria faded as investors questioned whether the Fed's action would be enough....
Raphael Minder from Hong Kong, Mariko Sanchanta from Tokyo and John Burton from Singapore, FT Syndication Service Politicians and central bankers across the Asia-Pacific region were out in force last Thursday seeking to reassure investors that a currency realignment and...
The National Board of Revenue, presently playing a tough guy with tax-delinquents, is thinking about making easier the payment of income tax if the taxpayers give a good response this fiscal year, reports UNB."We have already changed a lot in...
Army chief General Moeen U Ahmed has warned people of having to reel under five years of bad governance if they sell their votes in the upcoming elections, reports bdnews24.com.He was speaking at a view-exchange meeting at Rangpur Circuit House...
Doulot Akter MalaThe customs department of the National Board of Revenue (NBR) boosted revenue collection by 9.21 per cent at the outset of current fiscal, thanks to adoption of proper and timely measures, official sources said.In July, the department collected...
BNP Secretary General Abdul Mannan Bhuiyan Friday asked the Election Commission (EC) to make a correct voter list first and then hold talks with the political parties, reports bdnews24.com."According to their election roadmap, the Election Commission has 16 months before...
The National University Friday published the results of the degree pass, subsidiary and certificate courses of the year 2006, a press release of the university said. According to the results, a total of 24,465 or 60.85 per cent have come...
NATORE, Aug 16: Five people were killed and five others injured when a microbus, carrying a bridal party from Dhaka, plunged into the roadside water at Tebaria in the district town here Friday afternoon. Four of the deceased were identified...
The total capital investment in 261 operating industrial units in the export processing zones (EPZs) of the country increased to US$ 152.37 million (15.237 crore) during the last fiscal. Sources with the Bangladesh Export Processing Zones Authority (BEPZA) said enterprises...
Jasim Uddin Haroon The Board of Investment (BoI) expects investment worth US$1.8 billion from non-resident Bangladeshis (NRBs) living in Canada, the United Kingdom (UK) and Germany. BoI sources said the NRBs want to invest mainly in power, real estate, textiles,...
S M JahangirEmergency relief activities in flood-hit areas by non-governmental organisations (NGOs) have gained momentum over the past few days with the flow of funds from foreign donors."NGOs, working in Bangladesh, have finally intensified their relief operations in flood-hit areas...
A proposal to pump emergency funds to salvage the cash-strapped Biman did not get the go-ahead from the government even over the past two months, reports bdnews24.com quoting an official Friday. A second proposal made seeking four new planes to...
FE Report Executive Chairman of the Board of Investment (BoI) Mushtaq Uddin Ahmad said Tuesday that his office would extend allout support to the cement and steel manufacturers for obtaining bond facilities for their imported raw materials."My office will support...
CHITTAGONG, Aug 17 (BSS): Stakeholders, particularly the people involved in export-import trade, have expressed the opinion that the country's principal seaport --- Chittagong port --- witnessed a significant improvement in productivity, efficiency and cost reduction following implementation of massive reforms...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) bounced back in the week ended Thursday amid a fresh buying after fall in two consecutive weeks.The indices -- DSE General Index or DGEN and All Shares Price Index or DSI...
FE ReportThe 15th Trade Negotiation Committee (TNC) meeting of the BIMSTEC will be held in Dhaka next month to prepare a ground for signing free trade agreement (FTA) by the leaders of the member countries in the upcoming summit in...
Sarwar ZahanThe government is seeking funds from overseas donors to conduct a feasibility study and set up a hydro-power plant in Myanmar for importing the electricity through a cross-border transmission line, Power Division sources said. A team is likely to...
Jo Johnson, FT Syndication ServiceNEW DELHI: A sustained slowdown in capital inflows could cause a hard landing in India and expose the extent to which inexperienced banks have dropped their guard in the face of surging demand for consumer loans,...
Peru quake toll rises to 500 GENEVA, Aug 17 (AFP): The Red Cross Friday launched an initial appeal for 1.3 million dollars (980,000 euros) in emergency aid for survivors of the devastating earthquake in Peru that left at least 500...
Adviser for Agriculture, Fisheries and Livestock and Environment and Forest Ministry CS Karim Friday said he is thinking of submitting his wealth statement to the Anti-corruption Commission (ACC), reports UNB.He said this to the reporters while going out after addressing...
Open pit mining at Fulbari Coal Field may be possible by any operator under the supervision of a high-power regulatory body with standard safeguards in place, reports BSS.This is the view of German experts and shared by a section of...
Verdict has been delivered in only 16 of the 154 cases linked to the August 17, 2005 serial bomb blasts across the country despite promises of speedy trial, reports bdnews24.com. Notorious Islamist outfit Jama'atul Mujahideen Bangladesh (JMB) declared its presence...
KHULNA, Aug 17 (UNB): Enumerators Friday started door-to-door visit in the city's 31 wards for collecting data to prepare voters' list with photograph and national identification card.Those attaining 18 years of age on January 1, 2008 will be enrolled in...
COMILLA, Aug 17 (UNB): A case was filed Thursday against 78 people, including former BNP lawmaker Zakaria Taher Sumon, on charge of extortion, ransacking houses, looting and arson attack.Sources said Bachchu Miah Sarker, a resident of Krishnapur village in Barura...
Adviser for Health and Family Welfare ASM Matiur Rahman urged people not to get panicked with bird flu, which he said, fortunately has yet to attack any human being in Bangladesh and seven other SAARC states, reports BSS. "Please don't...
Adviser for Agriculture, Environment and Forest CS Karim stressed the need for formulation of environment friendly laws for ensuring sustainable development, reports BSS.He said to stop the environmental pollution strict enforcement of laws will be ensured.The adviser was addressing the...
A western learning method has been proved quite effective in cutting students dropout rates from a number of primary schools in Bogra and ensuring timely attendance of teachers everyday, reports BSS.The 'study circle' method, innovated and widely used in Sweden,...
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