MOSCOW, Aug 3 (Xinhua): Russian supply ship Progress M-61 was blasted off from the Baikonur cosmodrome in Kazakhstan's steppes to the international Space Station (ISS) Thursday, the Mission Control outside Moscow said. The Soyuz-2 carrier rocket with the supply ship...
LONDON, Aug 3 (AP): A suspect who was critically burned in a botched car bomb attempt at Glasgow Airport has died after more than a month in the hospital, ending police hopes he might be questioned or charged. Kafeel Ahmed,...
KINSHASA, Aug 3 (AFP): At least 100 people were killed when a goods train jumped the tracks in the Democratic Republic of Congo overnight Thursday, with illegal passengers thought to be among the dead. "According to our information, at least...
FE ReportShort supply followed by countrywide massive flood pushed up the prices of all essential commodities sharply in the city markets over the past week.The crop lands of the vegetable growing districts like Narsingdi and Manikganj have been inundated.As a...
FE ReportGrameenphone Ltd (GP) has recently signed an agreement with Bank Asia Ltd (BA) to provide it with complete communication facilities under the GP Business Solutions package.According to the deal, BA is being provided with complete communications solutions tailored to...
Eleven more flood-related deaths were reported Friday, raising the toll to 65 as the current flood situation may worsen further in the country's central parts with the swelling of major rivers, officials said.An official at the flood control room told...
Some 350 workers wearing red shirts began demolishing the Rangs Bhaban in the city Friday morning at the instruction of RAJUK, a day after the owners of the building lost their legal battle in the Supreme Court, report agencies.The demolition...
Doulot Akter MalaThe government has been deprived of about 85 per cent of the Value Added Tax (VAT) due to a nexus between taxmen and businesses, recent government findings reveal.This means, only 15 per cent of the potential amount of...
A Z M AnasThe caretaker government (CG) is unlikely to extend the advisory services of the PricewaterhouseCoopers (PwC) for the modernisation of Agrani Bank. A working group, which oversees reforms in the state-run commercial banks, feels that the contract of...
NEW DELHI, Aug 3 (UNB): Bangladesh and India concluded the Home Secretary-level meeting here Friday discussing outstanding issues like demarcation of 6.5 kms border, exchange of enclaves, killing of innocent civilians, drugs smuggling and trafficking in person and security and...
S M JahangirWith the availability of adequate volume of natural gas at local level becoming uncertain, the government is now eyeing coal-based power plants to be set up in short and long run.The government is now working on a long-term...
BNP chairperson's adviser ASM Hannan Shah Friday ruled out any scope of holding a council meeting excluding Khaleda Zia, reports bdnews24.com."No council or elections would be allowed to be held minus Khaleda Zia. She has become an uncompromising leader through...
Peter Smith, FT Syndication ServiceCOOLUM: A rise in protectionist trade is a "serious threat" to growth and living standards in the global economy, warned a gathering of some of the world's most influential finance ministers.One way to "dampen protectionist sentiment"...
Describing the freezing of Awami League (AL) president Sheikh Hasina and her family members' bank accounts as violation of fundamental rights, party Environment Affairs secretary Hasan Mahmud urged the National Board of Revenue (NBR) to revoke its decision, reports UNB.The...
SAVAR, Aug 30: Nearly 400 workers of a readymade garment factory in the old EPZ of Savar Friday fell ill after having lunch at the factory. Nearly 300 sick workers were admitted to the Savar Gonoshasthya Hospital, Savar Enam Medical...
Bangladesh Army and Navy personnel have decided to donate one day's salary to the Chief Advisor's (CA's) relief fund for the flood victims, said an ISPR press release on Friday. — UNB
The investment in the country's Export Processing Zones (EPZs) increased this year by $152.05 million. Last year the increase rose by $112.89 million, official sources said. The deputy general manager (public relations) of Bangladesh Export Processing Zones Authority (BEPZA) Najma...
FE ReportThe country's 2,936 out of 3,235 running apparel factories have so far addressed an average of 90 per cent compliance issues, including implementation of minimum wages, sources said."Some 720 out of 800 apparel factories affiliated with the Bangladesh Knitwear...
Naim-Ul-KarimSiemens Bangladesh Ltd, one of the world's biggest electrical engineering and electronics companies, wants to help Bangladesh Railway implement its modernisation plans, which include building of a sky-train network in the capital."We are in a position to offer any such...
FE Report The country's premier Chittagong seaport is going to introduce 'window berthing system' for the first time from August 6 to maintain an international standard of keeping berths reserved for particular vessels. Under the system, the port authority will...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) dipped in the week ended Thursday amid a significant fall in the turnover triggered by a directive from the Securities and Exchange Commission (SEC) and also technical disruption in the...
FHM Humayan KabirThe interim government has taken a move to provide facilities for the Bangladeshi expatriates who directly contribute to the national economy by remitting their hard-earned income.Sources in the Ministry of Expatriates' Welfare and Overseas Employment (MEWOE) said that...
Pakistan willing to allow trade thru' LoC NEW DELHI, Aug 2 (PTI) Pakistan Thursday expressed its willingness to allow trade through Line of Control (LoC) in Jammu and Kashmir for a limited number of goods, a development that could be...
FE Report The government has decided to prepare a roadmap of its own to alleviate poverty, which will go alongside the programmes under the World Food Programme (WFP), run by the non-governmental organisations, official source said.Ministry of Finance (MoF) took...
FE ReportThe government has eventually taken a decision to appoint a consultant for the 300-megawatt (MW) Siddhirganj peaking power plant after about a year since the process started, official sources said.According to the sources, the Power Division would place the...
FE Report The Asian Development Bank (ADB) has approved a technical assistance (TA) worth US$600,000 as grant to help Bangladesh process tenders for building two gas-fired independent power plants (IPPs) with a total generation capacity of 900 megawatt (MW). The...
Banglalink opens point at BograFE ReportBanglalink recently inaugurated a Banglalink point at Islam Chamber on Sherpur Road at Bogra for providing customers with complete GSM solution and better purchasing experience. The customers can avail all the Banglalink packages and customer...
Sarwar ZahanThe inter-bank call money rate repeated its steady level last week maintaining the previous week's trend despite withdrawal of large amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills and Bangladesh Bank (BB) bills and Bangladesh...
The local USD/BDT market was quite active last week. The volume of transaction was stable during the week except for the second day. The demand for dollar was fairly substantial as many large LC payments were made through different banks,...
FE ReportDhaka Insurance Ltd (DIL) recently signed an agreement with Credit Rating Information and Services Ltd (CRISL) for credit rating of the company, at a simple ceremony in the city.CRISL President and CEO Mozaffar Ahmed and DIL Managing Director KAM...
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