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China urged to invest in Bangladesh

2014-11-27 00:00:00

Bangladesh has urged China to invest various sectors including information technology, leather, readymade garments (RMG), road, railway and power in Bangladesh, said an handout in Dhaka on Thursday. The call was formally placed while a visiting four-member delegation led by...

Political challenge confronting economic development

Dr. Mizanur Rahman Shelley | 2014-11-27 00:00:00

The politico economic nexus is a universal Phenomenon. It is not confined within the developing or less developed countries. Like nature and environment it knows no political boarder. The rich and the mighty nations of today's world are as much...

What has happened to poverty and inequality lately?

Zahid Hussain and Johannes Zutt | 2014-11-27 00:00:00

About a year ago, the World Bank Group (WBG) redefined its mission, adopting two goals to measure success in promoting sustainable development and monitoring its own effectiveness as a development partner. The first goal is to end extreme poverty, by...

Old wine in a new bottle

Syed Mahbubur Rashid | 2014-11-27 00:00:00

A few days back a drive against vehicles plying without fitness certificate was launched with massive publicity in the media, both print and electronic. But this is not a new phenomenon. Earlier such drives were launched from time to time....

One city: Two tales

Zeenat Khan | 2014-11-27 00:00:00

On October 25, while driving down the Embassy Row in NW Washington, D.C. on the car radio I was listening to president Barrack Obama's weekly address to the nation. In his speech he discussed the various measures that are going...

INFOFISH meeting begins in city Monday

2014-11-27 00:00:00

The 29th meeting of the governing council of ‘INFOFISH’, a platform of the Asia-Pacific countries on fish resources, will be held in the capital on December 1-4. Fisheries and Livestock Minister Muhammed Sayedul Hoque will inaugurate the meeting at the...

A ballad of Baro-Bhuiyans of Bengal

ABM Ahsanullah | 2014-11-27 00:00:00

The Baro-Bhuiyans were predominant and had ruled a vast land in Eastern Bengal prior to the arrival of Turkish noblemen who established the Sultanate in Bengal in the eleventh/twelfth century AD. It is believed that those Bhuiyans who had fought...

BD national killed in Saudi road crash

2014-11-27 00:00:00

A Bangladesh expatriate was killed in a road accident in Riyadh of Saudi Arabia on Wednesday. The deceased was identified as Alauddin, 42, son of Sayedul Haque of Doulkhar village in Nangalkot upazila of Comilla, according to a news agency.    

Islamic banking : Concept, confusion and reality

Chowdhury Shahed Akbar | 2014-11-27 00:00:00

Despite its spectacular growth, Islamic banking is still widely misunderstood by many.  Misconceptions about concepts and practices of Islamic banking persist in different circles.   Sceptics sometimes go further to question if there is really anything called Islamic banking.  Some other...

Corruption has its origin in moral decay

Md. Abdullah Al Helal | 2014-11-27 00:00:00

Admittedly, corruption is one of the national problems in Bangladesh. Not long ago, Bangladesh was five times champion in the corruption perspection index published by the Transparency International, a Berlin-based rights organization. Although corruption is marking a decline, albeit very...

The Singapore experience: An ethical society thriving on good governance

2014-11-27 00:00:00

Located on the southern tip of the Malayan peninsula, the phenomenal rise of Singapore or the 'Lion City' during the 20th century has been a striking example of how a multicultural society can transform itself into one of the power-houses...

Anatomy of negative perceptions

Muhammad Abdul Mazid | 2014-11-27 00:00:00

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."    — Warren Buffet "Reputation is important and should be handled carefully. A good reputation will precede you,...

Biman flights on sale!

Syed Jamaluddin | 2014-11-27 00:00:00

Middle East-bound Biman flights are on sale. Crew are purchased and they are running these flights. Gold, medicines and foreign currencies stuffed in aircraft are consigned to Bangladesh en route to potential markets. Dishonest staff members and officers of different...

Attracting FDI: More need to be done

Mamun Rashid | 2014-11-27 00:00:00

We can consider the present business environment in Bangladesh to be more or less satisfactory. At least after the January 5 elections, we have not seen that much of political troubles. However while we say this, the potential investors are...

Ebola combat: Not just a fight against a disease but for the economic survival of a nation

Nabeela Mobashwer | 2014-11-27 00:00:00

The approximation of deaths by deadly disease Ebola in West Africa now stands at a staggering toll of around 5,000. The outbreak has caused mass hysteria all around the world, for the danger it carries for human lives and livelihoods....

Understanding sustainable democracy

Dr Sinha M.A. Sayeed | 2014-11-27 00:00:00

Interestingly enough, there is a new turn in politics --one that espouses the concept of sustainable democracy. Therefore, a greater attention needs to be paid to the call of sustainable democracy. It's a kind of response to the so many...

Protests across US as troops deployed in Ferguson

2014-11-27 00:00:00

FERGUSON, Nov 26 (AFP): Protest marches sprang up across the United States on Tuesday, and police battled to stifle another night of unrest in Ferguson, ground zero of America's latest racially-charged riots. Violence erupted in the St Louis, Missouri suburb...

Ghani warns against Afghan \\\'proxy war\\\' at South Asia summit

2014-11-27 00:00:00

KATHMANDU, Nov 26 (AFP): Afghanistan's new president told the leaders of India and Pakistan he would not let his country become the battleground of a proxy war Wednesday as the enmity between South Asia's arch rivals cast a shadow over...

Suu Kyi party expects new Myanmar constitution talks in days

2014-11-27 00:00:00

YANGON, Nov 26 (AFP): Aung San Suu Kyi's party Wednesday said Myanmar is expected to hold high-level political talks within days aimed at amending a controversial junta-drafted constitution that bars the opposition leader from becoming president. The summit-the second and...

HK student leaders held as cops clear protest site

2014-11-27 00:00:00

HONG KONG, Nov 26 (agencies): Hong Kong police cleared activists from one of the largest protest sites in the city on Wednesday and arrested Joshua Wong and Lester Shum, two of the student leaders at the heart of the pro-democracy...

Four polio workers killed in Pakistan

2014-11-27 00:00:00

PESHAWAR, Nov 26 (agencies): Gunmen killed three Pakistani women polio workers and their driver on Wednesday, police said, in the most deadly attack on the health workers in two years. Teams in Pakistan working to immunize children against polio are...

news digest

2014-11-27 00:00:00

Arab world's beloved singer Sabah dies at 87 BEIRUT, Nov 26: Lebanese singer and actress Sabah, an icon of Arab music, died Wednesday after a career that spanned over six-decades, Lebanese media said. She was 87. The diva was famous...

No anti-capital market proposal to be pursued, say merchant bankers

FE Report | 2014-11-27 00:00:00

Merchant bankers said Wednesday they would not pursue any proposal that could affect the country's capital market.  "The merchant bankers would not engage themselves in anything which would be detrimental to the wellbeing of the capital market," Tanjil Chowdhury, president...

IPO lottery of National Feed today

FE Report | 2014-11-27 00:00:00

The lottery draw of National Feed Mill Ltd (NFML) will be held today (Thursday) to allocate shares among the investors, officials said. The initial public offering (IPO) of NFML was oversubscribed by almost 47 times against the offer. Investors subscribed ...

News Briefs

2014-11-27 00:00:00

Trial run of LTE held Nokia Networks, world's specialist in mobile broadband, Wednesday demonstrated trial run of long term evolution (LTE), popularly known as 4G LTE, for first time at a city hotel in the country. Through the demo, the...

Photo: Bangladesh Bank Governor

2014-11-27 00:00:00

Photo: Mutual Trust Bank Limited (MTB) and the Dhaka University Alumni Association (DUAA)

2014-11-27 00:00:00

DSE turnover falls further

FE Report | 2014-11-27 00:00:00

Stocks suffered a setback yet again Wednesday after previous day's impulse with turnover hitting fresh four months low as ongoing pessimism kept investors mostly inactive in the market. The market opened with a positive note, but could not sustain. At...

DBH approves 25pc cash dividend

2014-11-27 00:00:00

The general shareholders of Delta Brac Housing Finance Corporation Ltd. (DBH) on Tuesday unanimously approved 25 percent (cash) dividend for the year ending June 30, 2014 as proposed by the Board of Directors, says a press release. The approval was...

AB Bank Bogra branch files case to realise Tk 707.7m

FE Report | 2014-11-27 00:00:00

Bogra branch of AB Bank Limited Wednesday filed a case in Money Loan Court for realising Tk 707.7 million against Md. Tipu Sultan, owner of M/s. Abdul Malek Mondol and Sons.  Md. Abul Kalam Azad, Assistant Vice President of the...