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Get set for decisive movement: Khaleda

2014-11-01 00:00:00

BNP Chairperson Khaleda Zia termed the current Awami League-led government illegal. Addressing a mammoth public rally in Natore on Saturday afternoon, Khaleda, also the leader of the 20-party alliance, alleged that the government is ‘using RAB and police for political...

2 held with 22,300 Yaba tablets

2014-11-01 00:00:00

Rapid Action Battalion (RAB) personnel arrested two people along with 22, 300 pieces of Yaba tablets from Kalamia Bazar in the Chittagong city early Saturday. The arrestees were identified as Abul Kalam, 47, son of Abul Kashem and Abdur Rahman,...

Bangladesh goes dark as power outage continues

2014-11-01 00:00:00

The government says the power restoration process is under way but has not made it clear when the work will be done. A massive blackout hit Bangladesh after the collapse of the national grid Saturday morning. The restoration ran into...

Monetary policy: Choosing the right one

M Jalal Hussain | 2014-10-31 00:00:00

As advancement of science and information technology (IT), globalisation of businesses, industries and finance raise the international capital flows, determining the appropriate monetary policy is becoming more multidimensional for developing countries. The challenges for policymakers are to gauge the different...

The illusion of parliamentary democracy

S Iftikhar Murshed from Pakistan | 2014-10-31 00:00:00

In Pakistan it is suddenly the season of mass rallies and prolonged sit-ins accompanied by violence which no other civilised country would allow. The current fad of every politician is to disturb the tranquillity of the early autumn nights by...

Unsung and unrewarded as ever

2014-10-31 00:00:00

It did strike a note of dismay and left many a head scratching with a sense of unease, perhaps disbelief too, to see how much women contribute to the country's economy only to be left utterly unsung and unrewarded. An...

To be up against sexual harassment and violence

Nilratan Halder | 2014-10-31 00:00:00

When Information Minister Hasanul Huq Inu comments that women cannot count on their safety even from the police, the depth of the rot set in society can really be fathomed. A survey conducted by the ActionAid Bangladesh reveals that as...

Rwanda: After 20 years of genocide

Md Badrul Islam | 2014-10-31 00:00:00

Think about a state where life expectancy has more than doubled in twenty years, where a million people have overcome poverty, where 63.8 per cent women are the majority of the legislators, where 95 per cent of the people have...

Menace of fake drugs

2014-10-31 00:00:00

The busting of the dens of spurious medicines by the law enforcers has been on a sharp rise for some time. It readily points to the fact that the syndicate of fake drug manufacturers is becoming stronger day by day...

Muggers\\\' savagery

2014-10-31 00:00:00

The newspaper report (29 October, 2014) of muggers snatching a bag from a young lady on a rickshaw and finally causing her death has stunned us. The three-wheeler carrying the woman was moving to its destination. Suddenly a speeding microbus...

Cross-border movements

2014-10-31 00:00:00

Every other day we learn through various media reports that dozens of Bangladeshis cross over to India illegally. Rohingya Muslims are often caught by our BGB while attempting to reach Malaysia-Thailand via Bangladeshi coast. It is difficult to understand why...

Money can\\\'t solve structural limitations

Mashiur Rahman in the first of a two-part article | 2014-10-31 00:00:00

Aid Information Management System Project (AIMS) was launched by the Economic Relations Division on October 26, 2010. The technical assistance project would consolidate aid related data on a single portal, which would make access to data effortless, relatively speaking. Co-financed...

A major book on Bangladesh economy

Helal Uddin Ahmed | 2014-10-31 00:00:00

Different social, economic, political, cultural, ethical, and moral, factors ultimately determine the socio-economic growth-path of a nation-state. Economic development is, therefore, a multi-dimensional process involving a multitude of economic and non-economic factors. It is an all-encompassing phenomenon involving numerous variables...

Q3 earning disclosures boost stock prices

FE Report | 2014-10-31 00:00:00

Stocks returned to the green Thursday after two sessions' correction with turnover improved further as encouraging earning declarations of several listed companies created positive vibe among the investors. Despite the countrywide shutdown, the market opened with an upbeat mood at...

IPO lottery of Hamid Fabrics held

FE Report | 2014-10-31 00:00:00

The Initial Public Offering (IPO) lottery of Hamid Fabrics Limited (HFL) held Thursday allocated shares among the investors, officials said. The lottery was held at 10am at the Institution of Engineers, Ramna Dhaka. Bangladesh University of Engineering and Technology (BUET)...

Net sale of govt savings tools zooms up in Q1

Arafat Ara | 2014-10-31 00:00:00

Net sale of the government saving instruments whopped by 225 per cent in the first quarter (Q1) of the current fiscal year (FY), 2014-15, mainly because of higher interest rates on the saving tools than the banks, said officials. They...

News Briefs

2014-10-31 00:00:00

Prime Financial Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...

Photo: Bangladesh Bank Governor Atiur Rahman addressing

2014-10-31 00:00:00

Photo: Chartered Accountants of Bangladesh (ICAB)

2014-10-31 00:00:00

Photo: Eastern Housing Limited (EHL)

2014-10-31 00:00:00

Sensex, Nifty hit record highs

2014-10-31 00:00:00

MUMBAI, Oct 30 (Reuters): The BSE Sensex and Nifty rose nearly 1 per cent to a record high on Thursday as investors bet an improving economy and government reforms would allow the country to better withstand potential rate hikes by...

US mortgage bond prices extend fall

2014-10-31 00:00:00

NEW YORK, Oct 30 (Reuters): Prices on US 30-year agency mortgage-backed securities extended their earlier decline on Wednesday mid-afternoon after the Federal Reserve as expected decided to end its monthly purchases of MBS and Treasuries. Prices on 30-year mortgage-backed securities...

HK shares fall

2014-10-31 00:00:00

SHANGHAI, Oct 30 (Reuters): Hong Kong shares ended lower on Thursday, as investors sold shares in companies that posted weaker earnings for the third quarter. The Hang Seng Index unofficially closed down 0.5 per cent at 23,702.04 points, while the...

ICB AMCL discloses NAV of different funds

2014-10-31 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset  value (NAV) of different open-end mutual funds (MFs) at the close of business operation on October 29, 2014, said...

ICB AMCL discloses NAV of MFs

2014-10-31 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset  value (NAV) of different mutual funds (MFs) at the close of business operation on October 29, 2014, said a...

Photo: An agreement between Dhaka Power Distribution Company (DPDC) and EnergyPac Limited

2014-10-31 00:00:00

PM for steps to stop youths’ ‘risky journeys abroad’

2014-10-31 00:00:00

The Prime Minister (PM) has asked the youth ministry for initiatives so that young men avoid 'risky journeys abroad' to look for better fortune, report agencies. "If steps from this ministry are taken then the people will not opt for...

BD to continue leading role in promoting regional integration : Biswal

2014-10-31 00:00:00

US Assistant Secretary of State for South and Central Asia Nisha Desai Biswal has emphasised that situated at the crossroad of the South and South-East Asia, Bangladesh would continue its leading role in promoting regional integration, reports UNB.  Biswal stated...

Khoka charged with amassing illegal wealth

2014-10-31 00:00:00

A Dhaka court framed Thursday charges against BNP leader Sadeque Hossain Khoka in a case filed against him by the Anti- Corruption Commission (ACC) for amassing wealth illegally and concealing its information, reports UNB. Dhaka senior special judge Md Jahurul...

BNP joint meeting today

2014-10-31 00:00:00

A joint meeting of BNP will be held today (Friday) to discuss the country's latest political situation and work out programmes to mark the 'National Revolution and Solidarity Day', reports UNB.  The meeting, to be held at the BNP's Nayapaltan...