FE ReportThe government has asked the state-owned power sector entities, including the Bangladesh Power Development Board (BPDB), to write off electricity bills that are outstanding for more than three years to streamline the current corporatisation process.However, the respective company boards...
MYMENSINGH, July 11 (UNB): All the nine members of a family committed suicide at a time jumping under a train in a macabre tragedy in Kashor Itkhola area of the district town Wednesday afternoon.Police said the members of the family...
An influential Adviser said Wednesday Awami League president Sheikh Hasina and BNP chairperson Khaleda Zia do not need to be confined as they are not a threat to the country, reports UNB."I don't know weather the two leaders are kept...
Shakhawat Hossain Biman Bangladesh Airlines will receive US$ 22.18 million in insurance claim for the aircraft damaged in an accident in Dubai airport last March, official source said.The Biman authorities decided to accept almost half of the insured value worth...
FE ReportA report of Asian Development Bank (ADB) said the Securities and Exchange Commission (SEC) and both the stock exchanges of Bangladesh should improve the share trading surveillance and monitoring system to ensure transparency and accountability as far as operation...
The government is planning to launch pre-paid meters for gas, Energy Adviser Tapan Chowdhury said Wednesday. A project has been taken up for the purpose, the adviser said. Bangladesh University of Engineering and Technology (BUET) will design and supply the...
The government has decided to modify the Immigration Act 1982 to remove barriers to manpower export. Expatriate Welfare and Overseas Employment Ministry took the initiative after International Organisation of Immigration (IOM) has shown interest to cooperate with the government in...
An extended part of a three-storied building in the city's Uttara area collapsed Wednesday, killing two construction workers and injuring 11 others. Uttara police sources said, the two people were killed when the under-construction part of East West Medical College...
Awami League President Sheikh Hasina's daughter Saima Hossain Putul, who lives in the US, has been blessed with a son. Putul, wife of Khandakar Mashrur Hossain Mitu, gave birth to the baby boy Tuesday at 3:00 pm (US time). The...
FE ReportThe ongoing reforms programme to make the state-run Bangladesh Railway (BR) a financially viable entity has failed to yield any tangible progress as its revenue income marked a sharp decline by over 63 per cent in the just-concluded fiscal...
Doulot Akter MalaThe National Board of Revenue (NBR) is intensifying its efforts to achieve revenue target set for fiscal 2007-08 against the backdrop of repeated failure to reach the goal.The NBR has been holding a series of meetings with the...
FakhruddinChief Adviser Fakhruddin Ahmed said Wednesday the stalemate over announcing the 6th Wage Board award for the news industry will be resolved, reports UNB.Fakhruddin said this when a delegation of journalists' united forum met him and apprised about the state...
Refayet Ullah MirdhaSmall investors in the stock market are at risk of incurring huge losses due to the delay in signing of the final deal for handover of ownership of the largely state-owned Rupali Bank to Saudi prince Bandar Bin...
Krishna Guha, FT Syndication Service WASHINGTON:Governance has improved significantly in Serbia, Algeria, Tajikistan and Rwanda since 1998, but Thailand and Argentina have fallen back on several key measures, according to a World Bank report published on Tuesday.The Governance Indicators report...
FE ReportA project for enhancing governance and capacity of the country's insurance sector through re-drafting of the laws and by-laws relating to the insurance companies has been initiated recently. Manila-based donor agency Asian Development Bank (ADB) is financing the project...
Sarwar ZahanCooking and cleaning are to become more expensive in coming days because of global shortages of raw materials for cooking oil, margarine and soap, importer and business sources said."Consumers are already burdened with escalating grocery bills, and might have...
FE Report The FBCCI Reform Implementation Council (FBCCI-RIC) Wednesday said it wants direct elections for the posts of president, vice presidents and directors to bring transparency in the country's chamber body. The leaders of the FBCCI-RIC said this at a...
FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.Increased supply of dollar kept the greenback steady with slight upward bias.The exchange rate...
FE ReportStock prices of the Dhaka Stock Exchange (DSE) continued to rally for the second consecutive day amid a hefty turnover and market capitalisation Wednesday.Market operators said the stock market is gaining momentum because of investors' confidence and hopes of...
Senior Awami League (AL) leader Abdul Hamid said Wednesday party president Sheikh Hasina cannot take unilateral decision on reforms, report agencies. The former Jatiya Sangsad speaker told reporters at a briefing in his NAM flat that the council would finalise...
Anticorruption Commission chairman Hasan Mashhud Chowdhury has said the anti-graft net will widen far beyond politicians to capture all sorts of corrupt people.
Former communications minister Nazmul Huda, a barrister, Wednesday quizzed the witnesses in the trial of a Tk 2.4 crore extortion case against himself and his wife, Sigma.
Antara Huda, one of the two daughters of former BNP minister Nazmul Huda, Wednesday threatened a police officer with dire consequences in the special judge's court at the Jatiya Sangsad Bhaban.
THE prices of essential commodities have been shooting up without let up for too long. Successive governments have tried in vain to arrest the soaring prices. But without success. The intransigence of the upward spiral of commodities prices has confounded...
Qazi AzadTHE sudden imposition of ban on Hilsa fish export for ensuring an abundant domestic supply and driving its exorbitant local price down was not seemingly fair. Although the item is non-agricultural, as a food product it has some proximity...
Rebecca Knight WHEN greeting a new Japanese client for the first time, how should you present your business card? When a Russian colleague asks you to give a toast after the second round of dinner drinks, what exactly should you...
Muhammad IshaqTHE government or the Privatisation Commission should not any more pursue the Saudi prince for the sale of the state-owned Rupali Bank to him. The apparent ebb-tide in his interest in buying the bank, marked by the placement of...
IT was published in different newspapers that the Local Government Ministry would construct a four-lane aesthetically attractive bridge connecting Banani Road # 11 with Gulshan Road # 41 over Banani Gulshan Lake to ease out traffic congestion at Road #...
IN the recent days, law and order situation has deteriorated. There has been an increase of incidents like robbery, snatching etc., in the capital city. A number of robbery cases in broad daylight and snatchings done at places nearby police...
Farid HossainTHE 11th day of this July marks the 50th anniversary of the Aga Khan's becoming the Imam of the Shia Ismaili Muslims. Ismailies all over the world, including those in Bangladesh, are celebrating the Golden Jubilee of the Aga...
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