BRUSSELS, Aug 21 (AFP): A timid economic recovery in the eurozone is still holding, a closely-watched survey showed on Thursday, but at a pace that promises only negligible growth for the year. This latest data is likely to strengthen the...
PABNA: Bangladesh Petroleum Exploration and Production Company (Bapex) Friday started drilling at Mubarakpur gas-field in Sathia upazila of the district. Petrobangla chairman Prof Hossain Monsur inaugurated the drilling work around 11am at the gas-field, the first of its kind in...
JAKARTA, Aug 21 (Reuters): Indonesia's central bank governor said on Thursday that he expected economic growth to quicken to between 5.4-5.8 per cent next year, while the bank maintained its inflation outlook of between 3-5 per cent for 2015. Bank...
WASHINGTON, Aug 21 (Reuters): The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a sustained improvement in labor market conditions. Initial claims for state unemployment benefits declined 14,000 to a seasonally...
Talha Bin Habib | 2014-08-22 00:00:00
The government has initiated a move to overhaul the state-owned jute mills by replacing century-old machinery with modern equipment aiming to make the units operationally vibrant and commercially viable, officials said. To push the move forward Bangladesh Jute Mills Corporation...
Our Correspondent CHITTAGONG, Aug 21: The annual general meeting (AGM) of Bangladesh Shipping Agents' Association (BSAA) was held in the port city on Wednesday. Chairman of the BSAA KM Mahmudur Rahman presided over the AGM. The AGM approved the annual...
NEW DELHI, Aug 21 (Reuters): Indian Finance Minister Arun Jaitley said on Thursday that the government was working to tighten up risk management in the banking sector, responding to recent scandals that have raised doubts about lending practices at state...
LONDON: European stock markets fell Friday, with Frankfurt's main DAX index losing 0.66 per cent to 9,339.17 points. London's benchmark FTSE 100 edged down 0.04 per cent, ending on 6,775.25 points, while in Paris the CAC 40 sank 0.93 per...
DUBAI, Aug 21 (AFP): Nakheel, the real estate giant at the heart of Dubai's financial crisis, confirmed Wednesday that it would repay all of its 7.9 billion dirhams (US$2.15 billion) bank debt almost four years ahead of schedule. The group...
FE Report | 2014-08-22 00:00:00
Minister for Expatriates' Welfare and Overseas Employment Khandker Mosharraf Hossain turned down Thursday private recruiters' demand for allowing the private sector along with the government to send workers to Malaysia. "Forget about Malaysia market. Bangladeshis will only be sent to...
HONG KONG, Aug 21 (Xinhua): Hong Kong's Consumer Price Index (CPI) in July fell to 3.3 per cent year on year from 3.4 per cent in June, mainly due to the smaller increases in private housing rentals and the charges...
Nazir Ahmed | 2014-08-22 00:00:00
The Constitution of Bangladesh provides for the establishment of the office of Ombudsman. Article 77 says: "(1) Parliament may, by law, provide for the establishment of the office of Ombudsman, (2) The Ombudsman shall exercise such powers and perform such...
Sajjad Zabir | 2014-08-22 00:00:00
The emerging economies signed the long awaited document to create the $100bn BRICS Development Bank and a reserve pool of another $100bn. The document was signed at the 6th BRICS summit held at Fortaleza, Brazil on 16th July 2014. Among...
The country's important highways are in a bad shape. This situation has amply been highlighted by the Asian Development Bank (ADB) in one of its recent reports. Nearly 73 per cent of national highways in Bangladesh, as noted by the...
Nilratan Halder | 2014-08-22 00:00:00
The projection by all account is extremely grim. That six South Asian nations -- Bangladesh, India, Bhutan, Sri Lanka, the Maldives and Nepal -- would suffer the most on account of the climate change was known but not in economic...
S. A. Sabur | 2014-08-22 00:00:00
The USDA (US Department of Agriculture) has forecast global rice production for August, 2014 at 477 million MT, down by 2.1 million MT from the last month's forecast, but still 1.5 million MT up from a year earlier. India accounts...
It is good to know that the Editors' Council has expressed its deep concern over threats to freedom of the press and likely infringement of the free flow of information as a result of the much talked-about national broadcast commission....
Getting a passport is the right of a citizen but in our country when a citizen wants to get his passport, he or she faces a lot of hassle. Although at present, the system is better than before, people are...
Recently, three Bangladeshi workers died in Malaysia in a tragic accident. With their death, the dreams of three families died and now they are facing uncertain future. The deceased workers were working at a construction site when concrete span weighing...
Shihab Sarkar | 2014-08-22 00:00:00
In a kind of weird twist to reality, Bangladesh can now boast of hundreds of Shantinekatan-style open-air schools. The difference is that the schools introduced by Rabindranath Tagore had an idyllic air about them; the poet had dreamt of an...
Md Jamal Hossain | 2014-08-22 00:00:00
Corruption has turned out to be a permanent malady in our society. We, as both conscious and responsible citizens, are desperately looking for a way out of this chronic epidemic. When we talk about corruption, our finger automatically points to...
S. M. Rayhanul Islam | 2014-08-22 00:00:00
"I actually read more on my mobile than I used to. I think it is because I can carry my phone everywhere I go and it is quite easier than carrying a book, and it is always there when I...
FE Report | 2014-08-22 00:00:00
A total of ten commercial banks signed participatory agreement with the Green Banking and CSR Department of central bank Thursday to disburse funds under a revolving re-financing scheme worth Tk 2.0 billion. Other 22 commercial banks are expected to sign...
Prime Minister Sheikh Hasina on Thursday sought more Japanese investment to turn Bangladesh into a middle-income country by 2021, reports UNB. "We've already fixed our target of building Bangladesh as a middle income country by 2021. So, we need more...
FE Report | 2014-08-22 00:00:00
Grameenphone Ltd has initiated the Bangladesh chapter of the global youth competition "Telenor Youth Summit 2014". The initiation of the competition was announced at a press conference Thursday at Sonargaon Hotel in the city. With the core inspiration of engaging...
Novo Nordisk, a global healthcare company is going to organise "Bangladesh National Premix Summit 2014" today (Friday) at BRAC-CDM, Savar to update physicians about the modern treatment of diabetes. It will take place from 10.00 am to 5-00 pm, said...
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