The world of Bangladesh stock market has never been perfect and it is unlikely to be so within the foreseeable future. Two scams of gigantic proportion jolting the market with an interlude of 14 years, have not apparently been enough...
Bangladesh Football Federation on Sunday picked up 25 players to form the Under-23 national football team for the 17th Asian Games 2014 to be held in Incheon city, South Korea, according to a news agency. U-23 Preliminary Squad: Shahidul Alam,...
Shahiduzzaman Khan | 2014-07-27 00:00:00
The government's market intervention that began just before the advent of the Ramadan has failed to contain the price spiral of the essential commodities. The state-run Trading Corporation of Bangladesh (TCB) was unable to arrest upward trend of prices. With...
Ridwan Quaium | 2014-07-27 00:00:00
A mass transit mode of transportation is essential to serve growing travel demand and to reduce traffic congestion in Dhaka. It is apparent that a mass transit is not going to be a reality any time in the near future....
Victims of road accidents in Bangladesh are left to die unless some miracle happens. The offender usually drives away hiding his identity. The injured victims are left with massive physical disability and pain without any immediate medical help. The offender,...
A recent media report suggested to develop seed companies in the private sector. A high official of the agriculture ministry also welcomed the suggestion. We too feel that the government should create opportunities for private companies. The report said, in...
With the closure of the Chittagong Steel Mills, the private sector continues to thrive in the steel industry as producers of reinforced concrete bars or rods. These private mills continue to advertise in the media in respect of their supremacy...
Masum Billah | 2014-07-27 00:00:00
The 'Girl Summit', the first of its kind, was jointly hosted by the United Nations Children's Fund (UNICEF) and the British Government on July 22, 2014, with a view to mobilising domestic and international efforts to end female genital mutilation...
Mohammad Amjad Hossin from Virginia, USA | 2014-07-27 00:00:00
The invasion of the Gaza Strip is the second time Israeli defence forces have entered into the Gaza Strip since they withdrew from there in 2005. The invasion of the Gaza Strip has arisen out of the kidnapping and murder...
Chowdhury Shahed Akbar | 2014-07-27 00:00:00
Many conventional banks in the country have shown interest to introduce Islamic banking. Some of them have already applied to the central bank for their conversion into Islamic banks. The Bangladesh Bank (BB), which is the main regulatory authority in...
FE Report | 2014-07-27 00:00:00
The Bangladesh Bank (BB) is taking supportive measures for stability in the capital market through intensive coordination with and assistance to the securities regulator. BB Governor Dr. Atiur Rahman Saturday said this while he unveiled the Monetary Policy Statement (MPS)...
FE Report | 2014-07-27 00:00:00
The central bank has started investigation into alleged money laundering by the scam-hit BASIC Bank, a top central banker said. "Our financial intelligence unit (FIU) is now working on the issue," Abu Hena Mohammad Razee Hassan, deputy governor of the...
Grameenphone (GP) and Standard Chartered Bank (SCB) signed an agreement recently for facilitating the collection of GP's sales proceeds from all across Bangladesh. The agreement was signed from Grameenphone by Mr. Vivek Sood, CEO and Mr. Mainur Rahman Bhuiyan, Acting...
PARIS, July 26 (AFP): French cement giant Lafarge, set to merge with Swiss rival Holcim, announced on Friday an increase in second-quarter net profit, off the back of successful cost-cutting and a strong showing in Asian and South American emerging...
SEC's IPO probe ends, Facebook says NEW YORK, July 26: Facebook Inc said the US Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering. In its quarterly report filed...
FE Report | 2014-07-27 00:00:00
Country's banking sector is caught in an enervating trap characterised by high rates of interest, excess liquidity and declined growth in credits to private sector and intermediating low investment, according to an independent multidisciplinary think-tank findings. Such a situation of...
Munima Sultana | 2014-07-27 00:00:00
Bangladesh and Japan are going to form a broad-based joint forum comprising members of both public and private sectors to work on investment and trade opportunities in an enabling environment to mutual benefit of the two countries. Officials said the...
MUMBAI, July 26 (Business Standard): Markets were on a firm footing for the week ended July 25, supported by continuous buying from foreign institutional buyers and robust global cues, which lifted the benchmark indices to fresh record highs. On Thursday,...
HONG KONG, July 26 (Reuters): Hong Kong's benchmark share index rose 0.3 per cent on Friday, closing at its highest level in more than three years, buoyed by stronger China markets. The Hang Seng Index shrugged off early losses to...
RANGPUR, July 26 (BSS): Distribution of 17,716 tonnes rice under Vulnerable Group Feeding (VGF) programme to assist the poor in celebrating holy Ramadan and Eid-ul-Fitr festivity has been nearing completion in Rangpur division. According to official sources, distribution of the...
Our Correspondent | 2014-07-27 00:00:00
MAGURA, July 26: Two persons were killed and six others critically injured in a road accident in Magura Saturday morning. Magura police station, sub inspector Ekramyl Hoque said, a Magura bound pickup from Dhaka collided with a truck from opposite...
BNP chairperson Khaleda Zia will visit the Palestine Embassy in Dhaka on Monday afternoon following the Israeli aggression against the innocent Palestinians. The BNP chief will go to the Palestine Embassy at 4pm to express her condolence at the loss...
FARIDPUR, July 26 (BSS): In greater Faridpur including Rajbari, Madaripur, Gopalganj and Shariatpur districts various kinds of indigenous fish varieties were nurtured and produced in 201 'fish asylums' under Fisheries Development Project(FDP) during the last five years. According to official...
NETRAKONA, July 26 (BSS): An extensive Aman cultivation programme has been taken up in all the ten upazilas of the district during the current season. Department of Agriculture Extension (DAE) has set a plan to bring a total of 1,39,731...
RAJSHAHI, July 26 (BSS): Rajshahi City Corporation (RCC) has formed a 29-member development and planning advisory council aims at implementing its uplift and other activities smoothly and successfully. City mayor Musaddique Hossain Bulbul initiated the body in a pre-iftar discussion...
NATORE, July 26 (BSS): A housewife was slaughtered by unidentified miscreants at Sidhuli village under Gurudashpur upazila of the district last midnight, police sources said. The deceased was identified as Monjuara Begum, 26, wife of Manik Mian, an expatriate living...
NATORE, July 26 (UNB): A mobile court here on Friday seized 135 sacks of fake Triple Super Phosphate (TSP) fertiliser from a shop at Walia Bazar in Lalpur upazila here on Friday. The court also fined the owner of the...
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