FHM Humayan KabirThe World Bank (WB) has cautioned Bangladesh against possible cancellation of funding support for a power project for delay in implementation, sources said.The WB in a letter to Power Division recently said that if the Power Development Board...
M Azizur RahmanThe Energy and Mineral Resources Division (EMRD) has now opted for competitive bidding to select an international company for the job of plugging gas seepage from the Titas Gas field in Brahmanbaria district.The state-run Bangladesh Gas Fields Company...
FE Report The Ministry of Foreign Affairs (MoFA) has asked the Ministry of Communication (MoC) to invite Myanmar's Ministry of Construction to sign deal for building the proposed 'friendship road' connecting the two neighbours, official sources said. Both Dhaka and...
FE ReportThe inter-bank call money rate rose Thursday due to withdrawal of large amount of cash through reverse repurchase agreement (repo), fund managers said. The rate moved between 6.50 per cent and 11.50 per cent against the previous day's range...
FE Report The International Business Forum of Bangladesh (IBFB) has demanded additional allocations in budget and policy supports for developing the social and services sectors to achieve the projected 7.0 per cent GDP growth.While appreciating the provision of creating a...
Tax lawyers Thursday urged the advisers of the incumbent caretaker government, including the Chief Adviser (CA), to submit statements on their wealth to the Anti-Corruption Commission (ACC) for the sake of transparency, reports UNB.Bangladesh Tax Lawyers Association (BTLA) and Dhaka...
FE Report The government has again extended the deadline for release of fund for the annual development programme (ADP) of the outgoing fiscal until June 17 next.A directive was given to the effect on Wednesday which stated that the ADP...
Special courts set June 21 for giving its judgement in the case against Amanullah Aman and fixed date of the charge hearing case against Mohammad Nasim on June 19. Mosaddeq Ali Falu was Thursday given to second police remand for...
FE ReportThe Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Thursday formally proposed the name of its former president Annisul Huq to contest for the post of president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in the election...
Former UN secy general Waldheim dies LOS ANGELES, June 14 (Internet): Kurt Waldheim, the former president of Austria and also a former United Nations (UN) Secretary General, has died at the age of 88 of heart failure at a hospital...
FE ReportThe members of the joint forces recently realised fine worth Tk 385,000 from some shop owners and small businessmen from Rajshahi zone for violating rules in electricity usage.According to the rules, shop owners and businessmen cannot use electricity for...
From Fazle RashidNEW YORK, June 14: The United States of America is the symbol of democracy. The entire world where representative forms of government are in vogue look towards the United States not only for perfection in their own systems...
FE ReportFinance Adviser AB Mirza Azizul Islam Wednesday urged the governments of both Bangladesh and Thailand to cash in on the positive sides of bilateral and multilateral agreements to narrow the existing trade gap between the two countries.He was speaking...
CHITTAGONG, June 13 (UNB): At least 11 more bodies were recovered from the mud and the remnants of slums devastated by Monday's landslides in the port city, raising the death toll to 121 till Wednesday afternoon.The combined team of army,...
The wealth statement of Orion Group Chairman Obaidul Karim, one of the 21 corrupt suspects earlier summoned to provide their asset accounts, was submitted to the Anti-Corruption Commission (ACC), showing wealth worth over Tk 1.53 billion (153.59 crore), reports UNB.According...
FE Report A new trade body named Turkey-Bangladesh Chamber of Commerce and Industry (TBCCI) has been launched at a function in the city aiming to promote commercial, economic and social relations between the two friendly countries."I am hopeful that the...
FE Report The central bank of Bangladesh has appointed its Executive Director Asaduzzaman Khan as Managing Director (MD) of the Oriental Bank Limited for one more year to continue to improve the financial health of the private commercial bank (PCB).The...
FE ReportThe inter-bank call money rate eased slightly Wednesday, as the liquidity position of the market improved. The demand for cash, however, remained steady, fund managers said. The rate fluctuated between 6.75 per cent and 10.00 per cent against the...
FE ReportStock prices bounced back on Dhaka Stock Exchange (DSE) after three days of fall due to a buying spree Wednesday.But transactions on the DSE were affected to a large extent following the torrential rains occurring during the last four...
From Fazle RashidNEW YORK, June 13: US State Department's annual report on Human Trafficking released yesterday hopefully did not have the name of Bangladesh in the list of the offenders. The list have the names of the countries with the...
In a news item, headlined "Opportunity given to legalise untaxed income, not black money: NBR" and published on the back page of the June 13 issue of the FE, it was inadvertently stated that the government offered an opportunity to...
SAMARRA, Iraq, June 13 (AFP): Two minarets of a revered Shiite shrine in the northern town of Samarra collapsed Wednesday after being blown up within minutes of each other, witnesses and a top Shiite official said. The tall structures came...
GAZA CITY, June 13 (AFP): Hamas fighters besieged a top Fatah post in Gaza City Wednesday after driving their secular rivals from the north of the territory in battles that left the government teetering and Gaza on the verge of...
BEIJING, June 13 (Reuters): A senior Chinese defense strategist has said his nation needs to build offensive strength and an "effective nuclear force" but has no intention of renouncing its no-first-use nuclear doctrine. The rare official comments on Beijing's doctrine...
KUALA LUMPUR, June 13 (Reuters): Some Muslim countries are ill-prepared to tackle an outbreak of bird flu because of poor resources and public apathy, a World Health Organisation (WHO) official said at a meeting of Islamic nations Wednesday. Health ministers...
HOUSTON, June 13 (AP): The astronauts asked to repair a loose thermal blanket on shuttle Atlantis have studied the fine points of aerospace engineering and built their strength for the strenuous task in weight rooms. But the actual repair job...
ISLAMABAD, June 13 (Reuters): A senior US official visiting Islamabad this week was expected to offer some support for President Pervez Musharraf, while staying out of a crisis brought on by his attempt to oust Pakistan's top judge. Having arrived...
JAKARTA, June 13 (Reuters): Indonesian police have captured the country's most-wanted militant, Abu Dujana, who heads a military wing of the Southeast Asian militant group Jemaah Islamiah (JI), a police spokesman said Wednesday. Dujana had been sought in connection with...
PARIS, June 13 (AP): A senior US diplomat accused Iran Tuesday of transferring weapons to Taliban insurgents in Afghanistan - the most direct comments yet on the issue by a ranking American official. Undersecretary of State Nicholas Burns, speaking to...
JERUSALEM, June 13 (AP): The race for the Israeli presidency has taken on a high-profile buzz, driven by rape allegations against the sitting president and elder statesman Shimon Peres' campaign to cap his six-decade government career with a term in...
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