Bankers Friday warned of reduced lending capacity of banks if the central bank increases the rates on reserves or statutory liquidity ratios (SLRs), reports bdnews24.com. The move may see banks raise interest rates, resulting in the decline of credit flow...
WASHINGTON, July 13 (AFP): The International Monetary Fund's executive board will meet Thursday to discuss the selection process for a successor to managing director Rodrigo Rato, a spokesman said. The board has committed to holding an "open and transparent" procedure...
NEW DELHI, July 13 (PTI): To compensate exporters hit hard by over 10 percent Rupee appreciation, the Government yesterday announced Rs.14-billion package, including increased rates of tax refunds. "The enhanced rates of tax refunds through Duty Drawback Scheme on nearly...
Oil prices edge up in Asian trading after slight fall SINGAPORE, July 13 (Internet): Oil prices rose a tad Friday after dipping in the previous session in tandem with a sell-off in gasoline futures.Light, sweet crude for August delivery advanced...
CHITTAGONG, July 13 (BSS): Speakers at a seminar today urged all sections of the people to come forward for uprooting corruption once for all through practising moral ethics side by side with religious values in society.In this respect, they stressed...
A BNP (Bangladesh Nationalist Party) leader, Mahbubur Rahman, Friday said now is the time to set up a national security council, reports bdnews24.com. "An initiative to form such a body will be a timely effort", Mahbub said, adding political parties...
Awami League (AL) President Sheikh Hasina paid respect to late Moazzem Hossain, a member of the party's advisory council, at National Medical College Hospital in the city Friday, reports UNB. Hossain (80), also former general secretary of Dhaka City AL,...
President Iajuddin Ahmed and Chief Adviser (CA) Fakhruddin Ahmed Friday felicitated their French counterparts Nicolas Sarkozy and Francois Fillon on the occasion of the National Day of the Republic of France, report agencies.In his message President Iajuddin expressed his firm...
NOAKHALI, July 13 (UNB): A court here Thursday convicted a ward commissioner of Bashurhat Pourashava and awarded him 10 years imprisonment in an arms case.The convict is ABM Siddique, commissioner of ward no-9 of Bashurhat pourashava.According to the prosecution, joint...
Land-grabbers, local commissioners, influential groups and student leaders have kept 12 dormitories of the Jagannath University (JU) unlawfully occupied for the last 22 years, reports bdnews24.com. The JU authorities have failed to handle the illegal occupants of the hostels meant...
BARISAL, July 13 (UNB): Activities of the Barisal City Corporation (BCC) are being hampered seriously due to fund crisis and absence of mayor depriving the citizens of their basic amenities.At present, day to day works of the BCC are running...
JHENAIDAH, July 13 (UNB): An extortion case has been filed against former Bangladesh Nationa-list Party (BNP) lawmaker Shahidul Islam and his nine associates. Kartik Halder, former general secretary of Fishermen Cooperatives Society, filed the case against them with Moheshpur thana...
HABIGANJ, July 13 (UNB): The police Friday arrested a young man from near Dakbungalow in Madhabpur Upazila headquarters on suspicion of his link with a militant outfit.The arrested was identified as Hafez Abdul Matin (35) of Mollah village in the...
JAMALPUR, July 13 (UNB): President of Melandaha Upazila unit of Jatiyatabadi Chhatra Dal (JCD) was arrested along with 50 kgs of hemp Thursday night.Rapid Action Battalion (RAB) personnel arrested the JCD leader, Saifur Rahman Khokon (25) from Dewanpara area in...
SIRAJGANJ, July 13 (UNB): Water Resources Adviser ASM Matiur Rahman has said permanent measures will be taken soon for protecting the district from erosion by the Jamuna River.The Adviser said this while talking to journalists after visiting the erosion-hit different...
CHITTAGONG, July 13 (BSS): President of Chittagong Chamber of Commerce and Industry (CCCI) Saifuzzaman Chowdhury Friday earnestly welcomed the seven-point proposal placed by the Army Chief Moeen U Ahmed to free the society and the state from corruption. "The business...
Asia Energy Corporation (Bangladesh) Pvt. Ltd. has launched a Bangla website to make available information about its Phulbari coalmine project, reports UNB. The new website address is: www.phulbaricoal.com.Speaking at a function on this occasion at a city hotel Thursday evening,...
NARAYANGANJ, July 12 (BSS): Six-year old sculptures of national and international heroes preserved in the Shatabdi Garden at the Narayanganj Police Line playground have become a centre of attraction for the people and a store house of knowledge for the...
CHITTAGONG, July 13 (BSS): Mohammad Jasim Uddin, professor of the Forest Research Institute of Chittagong University (CU), joined as the proctor of the university Thursday. He has been appointed a proctor for one year replacing former proctor Didarul Alam.Jasim sought...
Our CorrespondentBRAHMANBARIA, July 13: Power Development Board (PDB) has realised its outstanding dues worth Tk 508.99 million (50.899 crore) from its consumers during the financial year of 2006-2007 in Brahmanbaria district.The government got over Tk 17.330 million as value added...
SHARIATPUR, July 13 (UNB): A disabled father and his son were killed in a tragic accident near Angaria police outpost on Khulna-Chittagong Highway Thursday night.The deceased were identified as Amir Hossain Munshi, 12, and his disabled father Mafij Munshi, 45,...
Our CorrespondentBRAHMANBARIA, July 13: Bangladesh Rural Advancement Committee (BRAC) disbursed Tk 436.3 million (43.63 crore) loans among the poor farmers through its twenty-three offices in the district during January to June this year.BRAC also registered 79,000 borrowers in the district...
FE ReportPrices of almost all essential commodities with the exception of hilsa fish remained unchanged in the city markets over the past week.Market sources said a section of unscrupulous traders are smuggling hilsa fish out of the country. Otherwise, supply...
FE ReportWalton has launched technologically advanced sensor added energy saving lamp in the market recently. It provides same light as normal bulb by consuming 80 per cent less electricity. Walton lamp can be switched on in low voltage electricity and...
Sarwar ZahanThe inter-bank call money rate eased last week ignoring withdrawal of large amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills, Bangladesh Bank (BB) bills and Bangladesh Government treasury (BGT) bonds , fund managers said.The call...
FE ReportChittagong-based real estate company Mishmak Development Limited will primarily hand over apartments of its first project 'Mishmak Faizun Vista' to the buyers today (Saturday).The apartments and in a homely environment with modern architectural designs will be handed over to...
Commercial Bank of Ceylon LimitedJuly 08-July 12, 2007Last week BDT appreciated slightly against USD as the demand for US dollar went down due to healthy inward remittances. Total volume ofinter-bank transactions was around USD 67.14 million against USD 76.15 million...
RANGPUR, July 11 (BSS): A conference of the Janata Bank (JB) branch managers' of greater Rangpur region was held at Raja Ram Mohan Club auditorium of the town here yesterday. Deputy Managing Director of JB M Mizanur Rahman spoke on...
SingHealth Group Chief Executive Tan Ser Kiat arrives in the city today (Saturday) to attend the inaugural ceremony of SingHealth's Bangladesh medical associates office as the guest of honour, said a press release. Singapore General Hospital He is a veteran...
LONDON, July 13 (AFP): Former Pakistani prime minister Benazir Bhutto backed the decision to storm a radical mosque in Islamabad this week, in an interview with The Daily Telegraph published Friday. Bhutto, who was twice Pakistan's leader in the 1990s,...
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