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Conduct investigation on syndicate: BB Monowar hossain In its quarterly report the central bank recommended a coordinated investigation to collect information on the existence of 'syndicates' in the market. It said recently the trend in price-inflation was upward. Allegations are there that syndicates or mono..more..

BB buys $65 million from forex market ET Report Bangladesh Bank to keep the market stable has resumed its intervention in the foreign exchange market through buying US dollar from commercial banks. It has bought over $65 million from different commercial banks in the last week to keep the rate of loc..more..

Unwanted foreign Interference in cht: Govt mere onlooker ET Special Report The political situation in the Chittagong Hill Tracts (CHT) is becoming murkier day by day. This is because new players from abroad are intervening with the aim of harming the interest of the people of Bangladesh. Among the latest entries is UN Secretary ..more..

Working with Zuck Andrew Bosworth [Editor's note: Andrew Bosworth, or "Boz" as he's affectionately known, has been a software engineer at Facebook for over four years. He's built myriad products for the company and was the architect behind the original version of News Feed. Boz now heads..more..

CRI listener conference held ET Report China Radio International, China’s largest state-run overseas broadcasting station, organised the listeners’ conference-2010 at the National Press Club in Dhaka on Friday. Delegates from over three hundred CRI listener clubs participated in the conferenc..more..

United Airways plans 5 flights a week to London Aviation Desk United Airways (BD) Ltd., a leading private sector airline in Bangladesh, started Dhaka-London flight from November 21, 2009. Now it operates two passenger flights in a week on Dhaka-London (Gatwick) route. It is also planning additional passenger flight ..more..

SoftExpo promises creating job for ICT professional Mahathir Muhammad Suzan Country's largest ICT exposition 'BASIS SoftExpo 2010' concluded successfully on February 14 that started on February 10 with the slogan of 'Digital Bangladesh In Action' and held entirely at Bangabandhu International Conference Centre (BICC). The missi..more..

EBL introduces Visa Platinum credit card ET Report Eastern Bank Ltd (EBL) has introduced Visa Platinum Credit Card, one of the premium credit cards well suited for international travellers and offered by multinational card processing giant 'Visa', in the Bangladeshi market. This Visa Platinum card woul..more..

Flaws in planning, frequent revisions slow ADP execution Monowar Hossain The implementation, monitoring and evaluation division (IMED) of the ministry of planning has assessed that flaws in project planning and frequent revision of the project proposal are the two major reasons underlying the slow rate of implementation of ..more..

Tk 240 bln loan target for SMEs this year ET Report ancial institutions will disburse around Tk 24,000 crore (240 billion) loans to the SME sector during the current calendar year. Sukomal Sinha Chowdhury, general manager of Bangladesh Bank's SME and Special Programme Department said this is the first tim..more..

BNP protest rally Feb 22 bdnews24.com BNP will hold a rally in Dhaka on Feb 22 in protest against Thursday's "police attack" on its protest procession. Senior joint secretary general of the main opposition party Mirza Fakhrul Islam Alamgir announced the programme, to be held in front of par..more..

Pool fund move worries ADP executing agencies Monowar Hossain The decision of the government to create a 'pool fund' has shaken most of the ministries and departments which are primary responsible for executing their projects falling under the annual development programme (ADP). They are aware of their weaknesses ..more..

Govt, donors agree strategy to measure progress on dev ET Report The government and the international donors of Bangladesh have agreed to formulate a joint action plan to measure effectiveness of aid. Finance minister AMA Muhith said after the two-day Bangladesh Development Forum, the review and policy-setting meetin..more..

The corporate world want more graduates from EWU - Professor Mohammed Sharif Mahbub Manik East West University-EWU has emerged as one of the greatest private universities in the country and has already proven excellent in providing higher education. East West University promotes eastern culture and values, and meaningfully blends eastern and w..more..

SA Games kick off Mehedi Masud The 11th South Asian Games, the largest sports event of the region, got underway on Friday. Prime Minister Sheikh Hasina formally inaugurated the 12-day sport gala by releasing white pigeons at the Bangabandhu National Stadium (BNS) at 4:45 pm. Nearly ..more..

BB profit slides Monowar Hossain Total income of Bangladesh Bank, country's central bank, for 2008-09 financial year decreased by taka 9.1 billion to 32.4 billion taka compared to 41.5 billion taka in 2007-08, said the annual report of the central bank published recently. The decrease ..more..

FPI on withdrawal spree ET Report Foreign investors at the stock market are systematically withdrawing from Bangladesh after profit taking. The market has an upward trend and the foreign investors are selling their portfolios to make quick profit, market analysts said. According to Bang..more..

Staggered holiday for industries introduced ET Report Titas Gas Transmission and Distribution Company has introduced a new holiday chart for the industrial units in and around the capital to tackle the ongoing gas crisis. Petrobangla and different business associations recently decided to divide areas in th..more..

Call to extend loans for jute sector ET Report A research based-development organisation has suggested the government to extend loan to farming of jute, which has started to regain its past glory and fame as golden fibre of Bangladesh, for boosting the sector. Incidin Bangladesh said at a press confe..more..

BB chief thinks double-digit growth possible ET Report Bangladesh Bank governor Atiur Rahman has said attaining double-digit growth is not impossible for Bangladesh. He said the efforts that the central bank had initiated, especially loans for sharecroppers, bank accounts for farmers with a minimum deposit o..more..