DHAKA: The government is set to form two separate full benches of the High Court for quick disposal of revenue-related cases, trying to get over a logjam.“Initiatives will be taken to form the HC benches after Eid holiday as the Chief Justice and the Attorney-General also gave their

DHAKA: The government has approved construction of Bangabandhu Sheikh Mujib International Airport project under a Public-Private Partnership (PPP), officials said. The Cabinet Committee for Economic Affairs Sunday approved the project in its meeting with Finance Minister AMA Muhith in the

CHITTAGONG: Environment Department Sunday fined Sultana ship breaking yard Tk 7 lakh on charge of cutting ships under risky environment and causing environmental pollution.Earlier, the Enforcement Division of the Environment Department, led by its Director Mohammad Munir Chowdhury,

DHAKA: Labor and Employment Minister Khandaker Mosharraf Hossain Sunday asked the factory owners to pay the salaries, overtime bills and bonus of the garment workers before Eid, as such arrears generate unrest in the industry.“The garment owners are given directive to clear all payments

Dhaka: Once people used to go to Dhaka’s Dholaikhal downmarket to reclaim their much-loved things stolen away. The Dholaikhal model has now been replicated by burglars and pilferers in many parts of the capital.      At least three such swag markets were explored in the city last

DHAKA: The government readies a package carrying five attractive facilities for private entrepreneurs who will invest in power and energy fields, as the country cries for the twin-stimulus to feed its growing economy. The facilities include duty-free import of furnace oil and power-plant

DHAKA: Bangladesh Bank Governor Dr Atiur Rahman Thursday said receiving manual cheque would be banned anytime soon to ensure transparency in monetary transactions."The banks are asked to take preparation," said the Governor about the digitizing move.       The decision came from a

DHAKA: The Securities and Exchange Commission (SEC) remained strict on the margin-loan issue, which pulled down the market Wednesday. The DSE general index shed 128.35 points for fixing calculation of companies’ net asset value (NAV) for merchant banks and brokerage houses. The

DHAKA: The Securities and Exchange Commission Wednesday approved initial public offerings (IPOs) of two companies for trading their shares under book-building method.The stock-market regulator in a meeting Wednesday gave the approval to Modern Poly Industries and Alliance Holdings Ltd to

CHITTAGONG: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has taken special preventive measures so that any untoward situation cannot be created in the garment sector ahead of Eid.The apex body of the business community in the country’s export sector identified 25

DHAKA: Business community of Bangladesh must be aggressive to maximize trade benefit with India, experts said Monday. They said problems related to Teesta water sharing treaty, Tipaimukh dam, maritime and land boundary disputes and non-tariff barrier in trade must be solved before the

DHAKA:  Bangladesh Bank issued a circular Sunday asking all non-banking financial institutions to withdraw from the capital market their investments exceeding 25 percent of their paid-up capital and reserves by December. Article 16 of the Financial Institutions Act 1993 prohibits

DHAKA: The government will subsidise the fuel oil used for large generator or captive power in industries. At the same time, the government is also considering a plan to buy captive power at an agreed rate. An inter-ministerial meeting held at the Energy, Power and Mineral Resources

DHAKA: Anarchy in the readymade garment industry ahead of Eid-ul-Fitr will be resisted at any cost, speakers  at a discussion said. The discussion meeting between garment owners and various labour organisations at the BGMEA office at Karwan Bazar in the city also discussed payment of

DHAKA: Businessmen and power authorities Sunday decided that shops would remain open as long as there are shoppers after the 15th of Ramadan, as a shopping binge is getting on steam ahead of eid festival. Dhaka Power Distribution Company (DPDC) Ltd and Bangladesh Shop Owners’

SAVAR: Ha-Meem Group becomes Asia’s best readymade garment factory this year for stitching up quality wears, a second laurel for the dressmaker after lifting last year`s best supplier award `Vender of the Year`.VF Asia Sourcing group and VF US Sourcing and Operation Group jointly gave

DHAKA: Despite the Dhaka Stock Exchange (DSE) has witnessed a decline in trading, its market capital increased by Tk 4.5 thousand crore this week.The share market was on a bull run on most of the days this week. Companies of financial, power and energy sector saw a sharp rise in prices.

ASHUGANJ, Brahmanbaria: Industries Minister Dilip Barua Friday said the government is going to establish another fertilizer factory in Ashuganj soon.“The ministry concerned is working in establishing the factory, Ashuganj Fertilizer Factory-2,” the minister disclosed while visiting

DHAKA: Civil Aviation and Tourism Ministry has given a three-month ultimatum to Biman Bangladesh Airlines to improve the quality of ground-handling services or lose the business. If the quality of ground handling of air-traffic operations is not improved, the ministry would call

DHAKA: The shareholders of Aims 1st Mutual fund will have to wait some more days for getting bonus shares as the High Court deferred to August 25 the hearing on a writ petition challenging the regulator’s decision against the fund’s declaration on issuing right shares. An HC bench