Bangladesh, Malaysia ink MoU on economic cooperation
10-year loan restructuring plan announced to rescue struggling industries
DHAKA: Bangladesh will import gasoil with 0.05 percent sulfur content, instead of 0.2-0.25 percent, from January 2015, in line with instructions from the Ministry of Environment and Forest.Bangladesh Petroleum Corporation Chairman (BPC) Eunusur Rahman said this on Thursday.State-owned
DHAKA: After finding evidences of a total of Tk 50 crores tax evasion, National Board of Revenue (NBR) has frozen bank accounts of 27 travel agencies. The shocking data was revealed following an investigation carried out by the Central Intelligence Cell (CIC) of the NBR. The
FROM LALBAGH POSTA: The hides of the sacrificed animals for Eid-ul-Azha have started decomposing on the second day of the festival.The hide traders warned that at least 40 percent hides will be damaged due to heavy heat, long queue in traveling routes as well as indiscipline
DHAKA: The supply of the essential goods has decreased in city. Besides, the prices of garlic and ginger are up in wholesale markets.The whole sellers said the prices of essential goods have increased as the ports are closed for the Durga Puja and Eid-ul-Azha festivals.The prices could
DHAKA: India has initiated the process to supply 100MW of electricity from Tripura to Bangladesh.An Indian diplomat said on Tuesday, reports The Times of India.“Several steps were taken about the Indian government’s commitment of supplying 100 MW of power to Bangladesh from southern
BENAPOLE, JESSORE: Border Guard Bangladesh (BGB) issued red alert at Benapole and Putkhali frontiers to stop hide smuggling in the district on Monday. The red alert was issued around 2:00pm. BGB-26 Commander Lieutenant Colonel Jahangir Alam told banglanews that there was possibility
DHAKA: Some 60 percent of the total defaulted loans of four state-run banks have been given to 200 top organizations in the country. Bangladesh Bank (BB), the central bank, sent a report mentioning the matter to finance ministry’s Bank and Financial Institutions Division. The bank
JHALKHATHI: Industries minister Amir Hossain Amu claimed that Bangladesh has become a self-sufficient country in production of food-grains after the Awami League-led government came to power in 2009. The country is now exporting food-grains to Sri Lanka after fulfilling the domestic
DHAKA: Country’s leading online marketplace Bikroy.com awarded the winners of Eid special offer with a cow and a goat on Saturday. Bikroy.com marketing manager Eshita Sharmin handed over the prizes to the winners at ceremony on the day. The winners are- SM Sajal, and Amina Sultana
FENI: Border Guard Bangladesh (BGB)-4 acting director Major Shamim Iftekhar said that the BGB check posts will be active in 43 spots along the borders to stop hide smuggling.Moreover, the Feni district administration has taken some measures to stop hide smuggling as traffickers
FROM PENAG (MALAYSIA): Jahnagir Hossain hailed from Salanga of Sirajganj district has been in Malaysia from July of 1997.He is very much a known figure in Penang city for his Nasif restaurant of popular Malaysian dish ‘Nasi Kandar’.One day while in a bus journey from Batu Firingi I
DHAKA: The amount of inflow of remittance in the September was US $1319.34 million which was $145 million more than August.General Manager of Bangladesh Bank (BB) Abul Kalam Azad made the disclosure to banglanews.Four state owned banks have brought $442.52 million, four specialized banks
DHAKA: Dutch-Bangla Bank Limited (DBBL), a leading private commercial bank of the country, allegedly sacked some 2,000 employees recently across country.The employees were working as Assistant Relationship Officer (ARO) on contract basis in some 137 branches of the bank.Some of the
DHAKA: The South Korea government will provide Tk 1000 crore as soft loan to build Multi-Disciplinary and Specialized Hospital under Bangabandhu Sheikh Mujib Medical University (BSMMU) in city.A joint Memorandum of Declaration (MoD) was signed between Bangladesh and South Korea in Dr
DHAKA: Country's stock market marked fall again in its price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 84 points only to stand at 5237 at the close on the last trading day of the week.Trade deals stood at 171819 with volume of transactions at Tk 9370
DHAKA: All jewelry shops will remain closed across the country on Thursday on the occasion of Durga Puja, said a press release of Bangladesh Jewelers Samity (BJS) on Wednesday. The release, signed by BJS president Kazi Sirajul Islam, and its secretary Enamul Haque, said BJS made the
DHAKA: Khondokar M Iqbal, former managing director (MD) of the state-run Karmasangsthan Bank, joined the office of MD at BASIC Bank on Wednesday.BASIC Bank’s Board of Directors appointed Iqbal with the permission of Bangladesh Bank recently.Iqbal began his banking career joining in
DHAKA: Bangladesh Bank (BB) on Wednesday asked the commercial banks to keep their branches near readymade garments (RMG) factories to open on Saturday (October 4) to pay the workers.The directive came from a circular signed by Deputy General Manager of the central banl Asim Kumar
DHAKA: AKM Shifiqur Rahman, managing director (MD) of National Bank Limited, resigned from his job on Tuesday showing personal ground five moths before his job-tenure ends.Additional MD Shamsul Huda Khan was asked to discharge duty as acting Managing Director until new MD joins the
DHAKA: International Monetary Fund (IMF) said Bangladesh made a ‘significant progress’ in consolidating its macroeconomic stability under Extended Credit Facility-supported (ECF) program. The organization, in a press release posted on its website on Tuesday, said despite a moderation