BNP Dhaka city unit convener Mirza Abbas had a marathon meeting with the joint conveners and senior members of its convening committee on Tuesday. The meeting that began around 12 noon was held at BNP’s Nayapaltan central office, according to...
Banglalink, the country's second largest mobile telecom operator, has achieved the milestone of 30 million subscribers, reports UNB. The cellphone company started its journey in February 2005 and quickly made rapid strides to become a key player in the Bangladesh...
HONG KONG, Sept 15 (AFP): Alibaba founder Jack Ma struck a conciliatory note Monday over its failure to list in Hong Kong, as the Chinese e-commerce giant began an Asian roadshow before a possible record-breaking IPO in New York. Alibaba's...
SHANGHAI, Sept 15 (AFP): Chinese oil giant Sinopec will sell a 30-per cent stake in its marketing arm to outside investors for more than $17 billion, the company said, as the government pushes key economic reforms. China's Communist Party pledged...
MUMBAI, Sept 15 (Business Standard): Lupin has moved higher by 5 per cent to Rs 1,422, also its new high on BSE, on media reports that the pharmaceutical major is in advanced talks to sign a blockbuster deal with Merck ...
HONG KONG, Sept 15 (Reuters): Hong Kong shares finished at their lowest in five weeks on Monday, after a slew of weaker-than-expected China data over the weekend fanned fresh worries about the world's second-largest economy. The Hang Seng Index closed...
Islami Bank Bangladesh Limited (IBBL) has allocated Tk 50 million to help and rehabilitate flood and river erosion victims across the country, reports UNB. The board of directors of the bank took the decision at an emergency meeting held on...
Bangladesh Bank (BB) has increased the funding limit for plastic goods producers and exporters from the Export Development Fund (EDF). The central bank in a circular on Tuesday said all the member organisations of Bangladesh Plastic Goods Manufacturers and Exporters...
Nironjan Roy | 2014-09-16 00:00:00
Bangladesh Bank (BB) has recently deregulated some sections of its Foreign Exchange Rules allowing the members of the country's business community to directly borrow from foreign banks. This is a praiseworthy initiative from the regulatory point of view. This kind...
Khawaza Main Uddin | 2014-09-16 00:00:00
Bangladesh shall promote "peaceful and inclusive" society, provide "access to justice for all" and build "effective, accountable and inclusive institutions at all levels", if Dhaka pledges so and, more importantly, if the United Nations sets this as development agenda for...
Non-resident Bangladeshis (NRBs) surely have a point when they complain that investment opportunities for them back at home are inadequate. They raised the issue once again at the concluding ceremony of the "World Conference Series 2014: NRB Talent, Investment and...
Abdul Bayes | 2014-09-16 00:00:00
The Research and Evaluation Division (RED) of the BRAC has recently produced a working paper on rural credit market, authored by Mahabub Hossain, Mohammad Abdul Malek and Narayan Chandra Das. The working paper is apparently a thoughtful presentation of the...
Shahin Ahmed | 2014-09-16 00:00:00
Readymade Garment (RMG) is the prime source of foreign exchange earnings for Bangladesh since the last two decades. RMG accounts for about 80 per cent of the total export earnings of the country. There are about 5000 garment factories operating...
It is indeed shameful to know that to enjoy some perks, monetary benefits and job extensions, a few public servants have submitted fake Freedom Fighters' certificates. It is sheer insult to the valiant sons, who have laid down their lives...
Eid-ul-Azha is around the corner. The Muslim world is eagerly waiting for this holy occasion. Bangladeshi Muslims are no exception. Every year, thousands of animals are sacrificed during this Eid in our country. Recently, I became surprised to learn that...
The number of tigers in the wild is decreasing alarmingly, and we need to come forward to save them. Or else, they will become extinct. The total number of wild tigers in the world is at present 3000 to 4000,...
Bangladesh experienced the affect of a global food crisis a few years back (2007-08) that saw a sharp rise in food prices and a decline in the quantity of available food in the world. These are merely a symptom of...
Md Toufique Hossain | 2014-09-16 00:00:00
Mr Ian Beauchamp, director and chief economist at Hambros Fund Management, was quoted in the 'Treasury in Wisdom' as saying: "The first move of being defensive is to diversify. As markets become more and more global, that becomes increasingly difficult."...
Senior BNP leader Moudud Ahmed's comments in his recent book are 'unfortunate', the party's Joint Secretary General Ruhul Kabir Rizvi has said, report agencies. Hitting out at Moudud for making adverse remarks in his recently released book against the party...
JHALAKATHI, Sept 15 (UNB): Jatiya Party (JP) chairman HM Ershad came down hard Monday on BNP leaders, including its chairperson Khaleda Zia, for what he said their inaction in the field of politics, reports UNB. "Khaleda Zia doesn't get out...
Senior BNP leader Moudud Ahmed says his comments were not to please the government but to pick apart the party's 'failures and mistakes' so that it can 'correct' itself, reports bdnews24.com. Reacting to the party's Joint Secretary General Ruhul Kabir...
CHITTAGONG, Sept 15 (BSS): Awami League(AL)-backed yellow panel teachers swept the Chittagong University (CU) syndicate, finance and academic council elections bagging 13 out of 18 posts of those bodies, reports BSS. The elections of three policy- making bodies of the...
Chairman of the Parliamentary Standing Committee on Law Ministry Suranjit Sengupta said Monday those opposing the 16th amendment are intellectually dishonest and politically fraud, reports UNB. "Dr Kamal and BNP didn't even go through the bill. This is not only...
Shipping Minister Shajahan Khan on Monday said the government will take legal steps instantly, if any unfit launch operates in the country, reports UNB. "Launch owners might operate unfit launches beyond the knowledge of the authorities concerned. But, in case...
Taking cognisance of the offences of the 1971 war crimes against detained Serajul Huq alias Butcher Seraj and two others, the International Crimes Tribunal-1 (ICT-1) Monday fixed September 30 for hearing on the charge framing, reports UNB. With all three...
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