FE Today Logo

Search results for:


Export diversification deludes the country

Shahiduzzaman Khan | 2014-08-07 00:00:00

Years of prolonged efforts by the government for diversification of both export products and their market bases are yet to yield any visible outcome. The country's export earnings are still largely dependent on a few items and also on a...

Rethink on NBR step likely

Doulot Akter Mala | 2014-08-07 00:00:00

The government is likely to rethink the budgetary measure that provides for imposition of 25 per cent tax on annual incomes of state-run regulatory entities from the current fiscal year, as the step stirred up discontent. Finance Minister AMA Muhith...

6,221 doctors join govt jobs today

2014-08-07 00:00:00

Some 6,221 doctors who came out successful in the 33rd BCS examination under the Health cadre will join the government jobs today (Thursday). The selected physicians have been asked to assemble at Bangabandhu International Conference Centre in the city from...

Photo: Al-Arafah Islami Bank Ltd.

2014-08-06 00:00:00

BHBFC seeks Tk 6.0b fund

2014-08-06 00:00:00

The capital-starved Bangladesh House Building Finance Corporation (BHBFC) has sought a Tk 6.0-billion fund from the finance ministry and Bangladesh Bank for continuation of its housing loan programme. BHBFC in separate proposals on Tuesday sought Tk 5.0 billion from financial...

Sensex ends higher, blue-chip stocks gain

2014-08-06 00:00:00

MUMBAI, Aug 5 (Reuters): The BSE Sensex gained for a second consecutive session after the Reserve Bank of India (RBI) lowered minimum bond holding requirements for lenders to spur investment, sending blue-chips such as mortgage lender HDFC and Tata Motors...

Strong earnings lift European shares

2014-08-06 00:00:00

LONDON, Aug 5 (Reuters): European shares eked out gains on Tuesday driven by upbeat earnings from a number of blue-chip companies, while the euro fell to the day's low after a broadly disappointing set of services activity data. Investors were...

Karachi stocks dip by 666 points

2014-08-06 00:00:00

KARACHI, Aug 5 (Pak Tribune): Karachi capital market failed to sustain the pressure of political uncertainty in the first post-Ramazan trading session on Monday and dipped by 666.24 points. The announcement of a mourning day by Tahirul Qadri fuelled ongoing...

WH Group up 7.4pc on Hong Kong IPO debut

2014-08-06 00:00:00

HONG KONG, Aug 5 (AFP): Chinese pork giant WH Group, which scrapped an initial public offering worth more than $5 billion earlier this year, saw a strong Hong Kong trading debut Tuesday after its shares closed up more than seven...

Tokyo stocks close down 1.00pc

2014-08-06 00:00:00

TOKYO, Aug 5 (AFP): Tokyo stocks closed down 1.00 per cent on Tuesday, extending their losing streak to the fourth straight day and giving up early gains driven by a positive session on Wall Street. The benchmark Nikkei 225 index...

Sri Lanka stocks close up 0.2pc

2014-08-06 00:00:00

COLOMBO, Aug 5 (LBO): Sri Lanka's stocks closed 0.18 per cent higher with Ceylon Tobacco Company gaining amid strong domestic participation, brokers said. The Colombo benchmark All Share Price Index closed 12.02 points higher at 6,822.15, up 0.18 per cent....

HK shares edge up

2014-08-06 00:00:00

HONG KONG, Aug 5 (Reuters): Hong Kong shares finished slightly higher on Tuesday, as strong gains from index heavyweights HSBC and Tencent outweighed weakness at Chinese banks and energy firms, which were under pressure in a retracement of recent jumps....

Photo: Banglalink\\\'s Head of PR & Communications Sharfuddin Ahmed Chowdhury

2014-08-06 00:00:00

IPO Diary

2014-08-06 00:00:00

IPO Diary

2014-08-06 00:00:00

Project completion versus accounting artifacts

Saadat Husain | 2014-08-06 00:00:00

As was done in the previous years, budget for the year 2014-15 was passed in the Jatiya Sangsad without any problem.  It was indeed a routine business. The budget has basically two components: (i) the revenue budget and (ii) the...

Launch tragedy, once again

2014-08-06 00:00:00

The first leg of the Eid journey this year, more or less hassle and accident-free as it was, has belied the nightmarish experiences of the second leg for many. Apart from a few road and boat accidents - including at...

MPS set to further discourage investment

Abu Ahmed | 2014-08-06 00:00:00

Unfortunately, the monetary policy statement (MPS) that was framed and propagated in the context of western advanced economies now-a-days is being adopted and applied in developing countries like Bangladesh at the behest of the IMF which stands for targeting inflation. ...

Golden voices of a golden era

Zaglul Ahmed Chowdhury | 2014-08-06 00:00:00

The 34th death anniversary of Mohammad Rafi, one of the all time great singers of the sub-continent, was observed in a sombre mood on July 31. Then on August 4, came the 85th birth anniversary of another classic singer Kishore...

Record foreign remittance in July

2014-08-06 00:00:00

Foreign remittance reached a record high $1.48 billion in July and it is good news for our economy. This is possibly because the expatriates sent money for their family on the occasion of Eid ul Fitr, and I am sure...

Some unanswered questions about launch tragedies

2014-08-06 00:00:00

Another launch capsized in the river Padma on Monday. As reported in the media the reason for the launch to capsize this time is the same as before-- carrying more passengers than its capacity and for being unfit. After the...

Surprised by OC\\\'s ad

2014-08-06 00:00:00

An advertisement published in a daily Bangla newspaper prior to Eid caught my attention. It was an eye catching ad that appeared with a big size photograph of the advertiser, and the advertiser was Mohammad Mahmudul Haque, Officer in Charge...

A review of the Monetary Policy Statement

Shamsul Alam | 2014-08-06 00:00:00

Like every half-a-year, Bangladesh Bank (BB) has recently announced the monetary policy statement (MPS) for the first half of the FY 2014-15 (July-December 2014). It has mainly focused on restraining inflation. Current monetary stance has targeted the monetary growth path...

BNP demands scrapping of Nat\\\'l Broadcasting Policy

2014-08-06 00:00:00

Alleging that the government is trying to put the National Broadcasting Policy in place in a bid to gag the media, BNP Tuesday demanded the 'black rule' be annulled forthwith, reports UNB. "The controversial current cabinet which is there by...

Journos protest against new Broadcasting Policy

2014-08-06 00:00:00

A section of journalists demonstrated Tuesday demanding cancellation of the National Broadcasting Policy 2014 saying that it has been formulated to gag the voice of the media, reports UNB. They held a rally and brought out a procession in front...

Quader tells BNP to stay off from false politics

2014-08-06 00:00:00

Communications Minister Obaidul Quader urged BNP to stay away from 'false politics', otherwise they would not be successful in the movement, report agencies. Amid frequent threats by BNP to launch an oust-government movement afresh, The minister said there is nothing...

Trial of war criminals has support of masses: FM

2014-08-06 00:00:00

Foreign Minister (FM) AH Mahmood Ali said Tuesday mass people of Bangladesh have extended their support for holding trial of the war criminals and this has been reflected in the last two general elections, reports BSS. Referring to Nuremberg trials,...

Quamrul urges BNP not to create anarchy

2014-08-06 00:00:00

Food Minister Advocate Quamrul Islam called upon the leaders of Bangladesh Nationalist Party (BNP) to refrain from creating anarchy in the name of movement, reports BSS. "The country is moving ahead under the leadership of Prime Minister Sheikh Hasina. BNP...

Ex-RHD chief engineer’s son sued for graft

2014-08-06 00:00:00

The Anti-corruption Commission (ACC) filed a case Tuesday against a son of a retired chief engineer of Roads and Highways Department (RHD) on charge of acquiring illegal wealth, reports UNB. ACC deputy director and inquiry officer Mirza Zahidul Alam filed...

Hasan got crazy losing cabinet post: Hannan

2014-08-06 00:00:00

Taking a dig at ruling party leader Hasan Mahmud for his remark that BNP might have a link with Israeli attack on Palestine, BNP senior leader ASM Hannan Shah said Tuesday he has turned out to be the craziest man...