The Hongkong and Shanghai Banking Corporation Limited in Bangladesh recently distributed gifts among the children of ActionAid Bangladesh. The gifts were collected from HSBC staff and customers during Ramadan for the annual 'Joy of Giving' programme. The 'HSBC Joy of...
BB seeks reports from banks Bangladesh Bank on Tuesday directed all the 39 scheduled private and foreign commercial banks to send their corporate social responsibility (CSR) activities undertaken by them for the people of flood-affected areas. A circular has been...
Badrul Ahsan | 2014-09-03 00:00:00
Probashi Kalyan Bank (PKB), the specialised state-owned bank for expatriates' welfare, has initiated a process of floating its share in the stock market for further expansion, sources said. According to the sources, the authority of the bank is at the...
The government has brought some changes in the existing Bangladesh government's Islamic Investment Bond (Islamic Bond), reports UNB. Internal Resource Division of the Finance Ministry issued a circular dated August 18, 2014, to bring the changes. Debt Management Department of...
FE Report | 2014-09-03 00:00:00
The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) said the government should create an enabling environment to make the country an attractive destination for overseas investors. "Poor conditions of infrastructure (roads, ports etc), inadequate and erratic supply of power...
The board of directors of Far Chemical Industries Ltd on Tuesday recommended 20 per cent stock dividend for the year ending on June 30, reports UNB. The annual general meeting of the company will be held on October 9, 2014 ...
Mashiur Rahman | 2014-09-03 00:00:00
Economics as a profession faces a host of challenges today. There was a time when most other social sciences bore grudge against economics. Economics had well-defined methodology, disciplinary boundaries, succeeded admirably to put together the post-war world economy, and, above...
Zaglul Ahmed Chowdhury | 2014-09-03 00:00:00
The Ukraine crisis seems to have deteriorated further as Russian president Vladimir Putin has now asked for "statehood" for east Ukraine. While the west is condemning Moscow's increasing involvement in the affairs of Ukraine, Putin has raised the issue of...
Tax evasion by big companies, especially the multinationals, by way of manipulated transfer pricing has for sometime been a problem with the National Board of Revenue (NBR). Although transfer pricing is a legally acceptable mechanism largely practised by international business...
Abu Ahmed | 2014-09-03 00:00:00
People in Bangladesh are seen to be rushing to do the same kind of business when they see that some others are doing extremely fine in the field. It is observed in setting up shops of medicines, selling school dresses...
Md. Abdul Halim | 2014-09-03 00:00:00
Nobel laureate Economist Kenneth Arrow gave a dynamic interpretation of increasing return by emphasising "Learning by Doing". Technological progress and human capital formation are endogenised within development trajectories. Investment in knowledge capital sustains long-run growth. Developing countries need to emphasise...
The other day I was having a walk with my wife along the Crescent Lake in the capital. It was afternoon. Lots of families and people in groups were there walking leisurely, sitting, chatting and enjoying the tranquil beauty of...
The news about fake freedom fighters, merrily working at the highest levels of the country's administration, came as an ugly revelation. What is shocking is that these 'wrongdoers' are still serving the government. In other job areas of Bangladesh, including...
After Eid-ul-Fitr, Eid-ul-Azha is only a month away from now. Every year, before this Eid too, we see unbearable gridlocks on the highways due to dilapidated road conditions. Only at the last moment, after a lot of uproar, do the...
Syed Mahbubur Rashid | 2014-09-03 00:00:00
According to a report published in The Financial Express on 29.8.2014, the government has suspended CSR (corporate social responsibility) activities of four state-owned commercial banks (SoCBs). These are Janata Bank Ltd, Agrani Bank Ltd, Rupali Bank Ltd and Bangladesh Development...
Md Jamal Hossain from Denver, USA | 2014-09-03 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 fingers point to the...
Despite attempts to implicate Ziaur Rahman in the assassination of Bangabandhu Sheikh Mujibur Rahman, his role in the Liberation War cannot be negated, Tarique Rahman has claimed, reports bdnews24.com. He was addressing an event to mark the party's 36th founding...
Keeping up his tirade against BNP, Health Minister Mohammad Nasim said Tuesday there could be no consensus with Khaleda Zia's party, not even in the next 100 years, reports UNB. "There'll be no consensus with the killers over the next...
GAZIPUR, Sept 2 (UNB): The activists of local Bangladesh Chhatra League (BCL) staged demonstrations by blocking a road here in the town Tuesday demanding the release of one of their leaders. Witnesses said a group of BCL men brought out...
Our Correspondent | 2014-09-03 00:00:00
PABNA, Sept 2: Leaders and activists of Awami League and its front organisations blocked an approach road of Pakshey Lalon Shah Bridge on the Ishwardi-Kushtia highway, which links the country's northern and southern districts, for five hours on Tuesday protesting...
A CMM court in Dhaka indicted Tuesday BNP leader Barrister Moudud Ahmed and 40 other leaders in a violence case under the Speedy Trial Act, reports UNB. Dhaka Metropolitan Magistrate Muhammad Tareq Mainul Bhuiyan passed the order against the 41...
Nonagenarian retired Jamaat-e-Islami ameer Ghulam Azam, who was sentenced to 90 years' imprisonment unto death for masterminding atrocities during the 1971 liberation war, was taken to Coronary Care Unit (CCU) of Bangabandhu Sheikh Mujib Medical University (BSMMU) Tuesday morning following...
3 independent women MPs join AL Three independent lawmakers from reserved women's seat-Kazi Rosy, Nur Jahan Begum and Umme Rajiya Kajal-have joined the ruling Awami League (AL). The three elected by nominations from independent lawmakers' alliance will be enlisted as...
CHITTAGONG, Sept 3 (UNB): A local court will hear Wednesday the charge-framing arguments against BNP leader Salauddin Quader Chowdhury in two vehicle-torching cases. On August 3, acting Session's Judge M Jaglul Hossain deferred until September 3 the hearing on the...
Prime Minister (PM) Sheikh Hasina reiterated Tuesday that her government would construct multistoried buildings in rural areas with urban civic amenities so that no citizen of the country remains homeless, reports UNB. The PM came up with the appreciation when...
Chief of Army Staff General Iqbal Karim Bhuiyan called on President Abdul Hamid at Bangabhaban Tuesday, reports BSS. During the meeting, the army chief apprised the President of his recent visit to Ethiopia and South Sudan. He informed the President...
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