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India's population climbs to 1.2b

NEW DELHI, Mar 31 (AP): India is now hom | 2011-04-01 00:00:00

NEW DELHI, Mar 31 (AP): India is now homThe South Asian nation still saw a double digit jump in people, adding 181 million in the past 10 years, said C. Chandramouli, the census commissioner. The 17.6 per cent increase was...

Dhaka for duty-free access of 129 items to Jakarta

Nazmul Ahsan | 2011-04-01 00:00:00

Nazmul AhsanDhaka has sought duty-free market access of its 129 potential items to Jakarta, commerce ministry sources said. The proposal has recently been submitted to Indonesian government through Bangladesh mission in Jakarta as Bangladesh-Indonesia Joint Economic Commission (JEC) meeting, held...

Hajj agencies form new association

Shah Alam Nur | 2011-04-01 00:00:00

Shah Alam NurThe Hajj Agencies of Bangladesh have formed a new association styled "Hajj Agencies Association of Bangladesh (HAAB)" to bring the agencies under one umbrella and to prevent any kind of unfair deals with the pilgrims. The HAAB has...

BDT depreciating against US$ despite BB's support to banks

Siddique Islam | 2011-04-01 00:00:00

Siddique Islam Bangladesh Taka (BDT) has been continuously depreciating against the US dollar despite the central bank's strengthening of foreign exchange support to the banks for settlement of import bills. The BDT depreciated by 1.14 per cent against the US...

NBR decides to devise property tax criteria

Doulot Akter Mala | 2011-04-01 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) has decided to set criteria of the property tax in consultation with the individual and corporate taxpayers, the civil society and economists. The board has decided to arrange meetings with policymakers, taxpayers,...

BTRC, mobile operators on collision course over licence fee renewal

Jamal Uddin | 2011-03-28 00:00:00

Jamal UddinTelecom regulatory body BTRC and mobile operators are on collision course over the renewal of second generation (2G) mobile licence fee, as the former has targeted to earn Tk 140 billion (Tk 14000 crore) from the operators as fee....

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

Automated taxation system in all customs houses soon

Doulot Akter Mala | 2011-03-28 00:00:00

Doulot Akter MalaThe NBR will introduce automated taxation system in all the customs houses to help businesses on cargo clearance and advance declaration of products. The National Board of Revenue is set to start installation of ASYCUDA-world system in all...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

Dhaka-Ctg highway widening project faces fresh setback

Munima Sultana | 2011-03-28 00:00:00

Munima SultanaThe Dhaka-Chittagong highway widening project is facing yet another hurdle over acquiring land at different points. This may again lead to increase in project cost. A survey team identified at least three spots in Mirersorai and Sitakunda where road...

RMG sector braces for fresh unrest

Syful Islam | 2011-03-28 00:00:00

Syful IslamNon-payment of salaries and dues, non-implementation of the new minimum wages, and lack of compliance may spark a fresh bout of outburst in the country's ready-made garments industry (RMG) sector, fear intelligence agencies. Sources said until mid-March, at least...

Dhaka-Ctg highway widening project faces fresh setback

Munima Sultana | 2011-03-28 00:00:00

Munima SultanaThe Dhaka-Chittagong highway widening project is facing yet another hurdle over acquiring land at different points. This may again lead to increase in project cost. A survey team identified at least three spots in Mirersorai and Sitakunda where road...

Book captures Sri Lanka's enduring cricket love affair

Charles Haviland | 2011-03-26 00:00:00

Charles HavilandEven some cricket lovers are complaining that the current World Cup is dragging on for too long. But not Sri Lankans. They cannot get enough of it. There is widespread exhilaration at the prospect of hosting the unpredictable England...

US mission in Libya muddled: experts

Matthew Rusling | 2011-03-26 00:00:00

Matthew RuslingWhile the United States is continuing its bid in the West-led air strikes against Libya, its mission is not altogether clear, analysts said. "All of a sudden the United States has found itself in this position of bombing Libya...

Cricket WC and Lokoj Utsab

Nehal Adil | 2011-03-26 00:00:00

Nehal AdilIt is not a shame that Bangladesh did not move to the World Cup cricket trophy. Cricket is not our national sport, it was brought by our colonial masters. But in a world of globalisation, there is nothing national...

Russia's bid to bridge Israel-Palestine gap

Igor Serebryany, Zhang Dailei | 2011-03-26 00:00:00

Igor Serebryany, Zhang DaileiRussia has made an attempt to narrow the gulf between Israelis and Palestinians by successively inviting their leaders to Moscow. Though Palestinian President Mahmoud Abbas and Israeli Prime Minister Benjamin Netanyahu have not met face to face...

Separate incentive policies for NBR wings on cards

Doulot Akter Mala | 2011-03-26 00:00:00

Doulot Akter MalaThe finance ministry has instructed the revenue board to frame separate policies for its three wings - income tax, value added tax (VAT) and customs - to provide incentives to the taxmen on the basis of individual performance....

Tax return submission rule for NRB bank sponsors may be waived

Syful Islam | 2011-03-26 00:00:00

Syful IslamThe government is considering relaxation of the condition relating to 'mandatory tax return submission' by the non-resident Bangladesh (NRB) sponsors of the proposed NRB bank, a top official of the Ministry of Finance (MoF) said Friday. Finance Minister AMA...

Fresh schedule to start construction yet to be set

Munima Sultana | 2011-03-26 00:00:00

Munima SultanaThe authority is yet to set fresh schedule to start construction of the country's biggest and most cost-intensive Padma Bridge having failed to complete the procedure of selecting companies to carry out the project's works. Bangladesh Bridge Authority (BBA),...

Current PSI firms could be picked again

Doulot Akter Mala | 2011-03-21 00:00:00

Doulot Akter MalaThe government is expected to pick existing Pre-Shipment Inspection (PSI) firms for another two years after a search committee found no suitable companies for the assignment. The contract period of the four PSI companies is scheduled to expire...

Benapole land port fee hike faces opposition

Syful Islam | 2011-03-21 00:00:00

Syful IslamThe government's move to set a uniform fee for land ports faces resistance after Benapole port agents said they would not pay higher rate due to lack of proper infrastructure, officials said Sunday. User fee for Benapole land port...

United Airways to issue rights for business expansion

Asaduzzaman Pallab | 2011-03-21 00:00:00

Asaduzzaman PallabUnited Airways, a private sector air carrier plans to expand by increasing its number of fleet and flight destination. Company sources said, United Airways plans to buy two large size Airbus-300-600 and one mid size MD-831 to meet its...

Muhith for SEC authority to issue bank search orders against suspect companies, investors

Nazmul Ahsan | 2011-03-21 00:00:00

Nazmul AhsanFinance Minister AMA Muhith has backed the move to empower the securities regulator for issuing bank search orders against any suspected listed companies or individual investors, but underlined a broad base consensus with stakeholders before a final decision to...

Libyan scene: What "Odyssey Dawn" is expected to accomplish?

Zaglul Ahmed Chowdhury | 2011-03-21 00:00:00

Zaglul Ahmed ChowdhuryThe international 'coalition', acting under an important resolution of the United Nations security council, has, as was expected, finally launched an air strike operation -- 'Odyssey Dawn'-- in several places in the strife-torn Libya to enforce a "no-fly"...

Taka depreciates by a big margin

Siddique Islam | 2011-03-21 00:00:00

Siddique Islam Bangladesh Taka (BDT) depreciated by 0.58 per cent against the US dollar in a single day on Sunday following increased demand for the greenback to settle import payments by the commercial banks. The rate of US dollar in...