DHAKA: Country’s economists Monday suggested the government properly utilize a glut of foreign exchange sent by expatriate Bangladeshis in remittances instead of depending on drip-feed of foreign aid. They gave the opinion at a discussion titled ‘Joint cooperation strategy:

DHAKA: United Commercial Bank Ltd (UCB) held its Extra-Ordinary General Meeting and the 25th, 26th and 27th Annual General Meetings (AGMs) for the years 2008, 09 and 2010 at a city hotel on Sunday.UCB Chairman MA Hashem presided over the meeting, said a press release.In the AGM, the Board

NATORE: The workers and employees of Natore Sugar Mills staged demonstrations Monday to press for declaration of a separate wage scale for them.As part of their agitation plan, they brought out a protest procession at about 8 am and demonstrated on the factory premises.Later, leaders of

DHAKA: Government authorities decided that the daily six-hour shutdown on gas stations will continue, while indications have it that power outages may also increase.The decision on the motor-fuel rationing came from a meeting at Energy division Sunday, said Prime Minister`s Energy Adviser

NATORE: The workers and employees of North Bengal Sugar Mills Saturday staged a sit-in demonstration to press for declaration of a separate wage scale. General Secretary of Mill Workers-Employees Union Anwar Kamal told banglanews, “The workers and staffers of the sugar mill staged

DHAKA: Business leaders demanded the formation of a special cell in the police headquarters to thwart threats for extortion by phoning. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) raised the demand before Inspector-General of Police Hasan Mahmud Khandaker and

DHAKA: Hard-hit by their business crash, meat traders of the city threatened movement if the government failed to pacify the panic of anthrax and make the meat trade normal within 15 days. They issued the ultimatum from a discussion at Gabtoli on Friday afternoon. “The capital will be

CHITTAGONG: A compensation case seeking eleven-and-a-half-crore taka in damages has been filed with a court of the port city following the loss of apparels worth about one-crore taka from security zone of Chittagong seaport.The authorities of the Chittagong Port Authority, including its

DHAKA: The Securities and Exchange Commission Thursday formed a two-member committee to probe an unusual hike in share prices of Fine Food Ltd company.In its edict the market watchdog asked the probe body headed by director of SEC Mir Mosharraf Hossain to submit its investigation report

DHAKA: Food Minister Abdur Razzak said the government decided to re-enforce the anti-hoarding law 1953 that was revoked in 1991. “In the present situation the law needs to be reintroduced,” said the minister at a press conference after a meeting in the ministry Wednesday, in the wake

DHAKA: Finance Minister AMA Muhith on Thursday morning embarked upon a month-long trip to the UK and the USA with a business-crammed agenda, officials said.A competent source in the Finance Ministry said the minister would first visit London and he would attend there a view-exchange

DHAKA:  Commerce Minister Faruk Khan Wednesday said the government has a plan to introduce trade union in all industries, including readymade garment sector, as pleas for TU right get louder in the wake of recent labour unrest."Initiatives will be taken in this regard soon, to be

DHAKA: The beleaguered Chairman of Biman Bangladesh Airlines, Air Marshal (retd) Jamal Uddin Ahmed, Wednesday said he would resign if Prime Minister Sheikh Hasina desired so. He made the reaction following a letter sent to the Premier by Civil Aviation and Tourism Minister GM Quader

DHAKA: Though the country is on track in achieving the millennium development goals, growing disparities between the rich and the poor diminish the glory of achievements. The evaluation came in the progress report on the universally designed millennium development goals or MDGs in

DHAKA: Finance Minister AMA Muhith Wednesday said from now on income tax would have to be paid within September 30 every year to ease the tax-payment process, as the government devised ways of enhancing revenues.“Government’s expenditure is increasing with the extension of time. The

BHOLA: Three months of the season gone past dull, maritime fishing communities laughed the late laugh with shoals of shining hilsha fish trapped onto the net.       Particularly, the fishermen of Bhola kept making huge catches in the coastal Tentulia River late in the season. Each

DHAKA: The government has completed preparation for importing 30,000 tonnes of `non-basmati’ boiled rice from India through international tender under a contingency plan.Messrs Amsons International of India would supply the rice through Chittagong and Mongla seaports, official sources

DHAKA: The officers and the general employees of Mirpur regional revenue office of Dhaka City Corporation lamented that police and DCC authorities didn`t try to unearth the mysterious plunder in the office even after the lapse of a month. They said no investigation committee has yet been

DHAKA: Finance Minister AMA Muhith has taken his position against extension of the Eid holiday proposed in view of the hassles and rush homebound people pass through perennially. Besides, he does not want to see newspapers out of the newsstand for three to four days during Eid

DHAKA: Multi Securities Limited has applied to Securities and Exchange Commission for permission to raise the company’s paid-up capital for more investment by the share traders on the stock-market.Abdul Awal, Managing Director of Multi Securities, placed the plea with the SEC chairman