FE Report | 2014-07-10 00:00:00
The bankers have urged the central bank to slash security deposit for setting up new drawing arrangement abroad to expedite the inflow of remittance. They also proposed to re-fix the security deposit ranging between US$15,000 and $10,000 from the existing...
Jasim Uddin Haroon | 2014-07-10 00:00:00
Country's economy has recovered, to some extent, from the downturn induced by tumultuous politics up to December last but economists see this development not strong enough--rather mild--to support sustained macroeconomic growth. Many macroeconomic indicators like credits to the private sector,...
Munima Sultana | 2014-07-10 00:00:00
A fresh conflict has developed over the routing of the much-hyped metro rail and the Dhaka elevated expressway (DEE) which may further decelerate the process of implementation of the two major traffic congestion-remedial projects in the capital. Officials and experts...
Shahiduzzaman Khan | 2014-07-10 00:00:00
The government is reportedly considering to raise fuel-oil prices again. However, the extent of such a hike is yet to be decided and the time of its enforcement is still under examination. However, the price of electricity has already been...
Doulot Akter Mala | 2014-07-10 00:00:00
The National Board of Revenue (NBR) issued a clarification Wednesday on tax rates on transfer of personal and other lands and specifying those for some areas after these led to widespread confusion over the measure. The newly-introduced tax rules on...
JAKARTA, July 9 (Reuters): Both candidates claimed victory in Indonesia's presidential election on Wednesday, suggesting there could be a drawn out constitutional battle to decide who will next lead the world's third-largest democracy. Just a few hours after voting closed,...
Workers of a readymade garments (RMG) factory staged a demonstration at North Badda in the city to press for the payment of their due wages on Wednesday, disrupting traffic on Rampura-Badda road. On information, additional force of police was deployed...
Goalkeeper Sergio Romero saved two shoot-out penalties as Argentina beat the Netherlands to reach the 2014 FIFA World Cup final for the first time in 24 years on Wednesday in Sao Paulo, Brazil. Romero, who has hardly played for French...
Tokyo stocks eased 0.24 per cent on Thursday morning after the US Federal Reserve signalled its widely expected intention to end its long-running stimulus programme in October. The Nikkei 225 index slipped 36.89 points to 15,265.76 points by the break...
Chinese shares were flat in morning trade on Thursday as investors awaited the release of June trade figures later in the day, dealers said. The benchmark Shanghai Composite Index edged up 0.02 per cent, or 0.47 points, to 2,039.08 points....
Hong Kong stocks edged up 0.45 per cent in the opening minutes of trade on Thursday after Wall Street enjoyed its first advance since the end of last week. The benchmark Hang Seng Index rose 105.38 points to 23,281.45 points,...
US stocks on Wednesday scored moderate gains following a solid kickoff to earnings season from Alcoa and Federal Reserve meeting minutes signaling an end to its bond-buying programme in October. The Dow Jones Industrial Average gained 78.99 points (0.47 per...
European stock markets were mixed on Wednesday, but most curbed two days of losses as investors awaited minutes of the US Federal Reserve’s last policy meeting for clues on the outlook for interest rates. An upbeat earnings report from the...
The seminar of Asia-Pacific parliaments on ‘Ending the cycle of violence against girls in Asia-Pacific’ will be held in Dhaka on September 23-25. The three-day conference will be jointly organised by the Inter-Parliamentary Union (IPU) and the Bangladesh Jatiya Sangsad....
The process of women empowerment progresses at accelerated rate after achieving self- reliance by thousands of distressed women in recent years though they lived in utter poverty even a decade ago in rural areas. Abject poverty forced these rural women...
The prices of most of the shares in South Korea’s capital markets witnessed positive trend on Thursday. Seoul was 0.10 per cent up at close, according to AFP.
Indonesian stocks jumped more than 2.5 per cent at the open on Thursday after unofficial tallies showed Jakarta governor Joko Widodo leading rival Prabowo Subianto in a race to lead Southeast Asia’s biggest economy. The Jakarta benchmark index rose 2.54...
The oil-carrying freight train jumped the tracks in Fouzdarhat in Chittagong’s Sitakunda Upazila because the driver entered the mail line ignoring the signal, Railway officials say. Uttam Kumar Bhattacharya, loco master of the freight train, and his assistant Bidar Ali...
At least three people, a policeman among them, have been killed in a road accident involving a truck that hit them at Rajbari Sadar Upazila. Fifteen other people, including four police constables, were also injured in the accident on the...
At least two people were killed and seven others injured in a head-on collision between two trucks on the Khan Jahan Ali Bridge in Khulna city on Thursday morning. The deceased were identified as Kamrul, 38, driver of a truck...
China’s monthly trade surplus jumped 16.4 per cent in June to $ 31.6 billion, official data showed on Thursday, as exports and imports both rose in the latest sign of recovering strength in the world’s 2nd-largest economy. Exports increased 7.2...
A fire at a ready-made garment (RMG) unit in Kamrangirchar in the city on Thursday left one dead and three injured. The identity of the deceased could not be known immediately. Local people said a devastating fire erupted at a...
The public health index in Bangladesh’s rural areas has marked an improvement with reduction in water-borne diseases following laudable success achieved in sanitation coverage. The observation was made by the speakers at a sanitary latrine distribution ceremony held at Notkhana...
A court in Sirajganj on Wednesday sentenced a man to life term rigorous imprisonment (RI) for killing his wife for dowry in 2010. The convict was identified as Haider Ali, son of Jadab Ali, a resident of Purna village in...
Police recovered the body of a young man from a water body at Moulvibazar Sadar Upazila on Wednesday afternoon. Police said local people spotted the floating body of an unidentified man, aged around 30, at Barokarua Beel around 3:00pm and...
Miscreants killed a youth and dumped his body in a brick kiln in Damurhuda upazila in Chuadanga district at sometime between Tuesday night and Wednesday. The deceased was identified as Shamim Akhter Engine, 24, son of Abdul Rashid of Aramdanga...
FE Online Report | 2014-07-10 00:00:00
The Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Thursday amid see-saw, the last trading day of the week. DSEX, the prime index of the DSE,...
A construction worker died from electrocution in Gas Turbain area in Barisal city on Wednesday afternoon. The deceased was identified as Mahatab Hossain, 35, son of Rafiq Howlader, a resident of Rupatali area of the city. Family sources said Mahatab...
Customs intelligence officials at Hazrat Shahjalal (RA) International Airport in Kurmitola in the city seized 1.2 kilograms of gold and arrested two people in this connection on Thursday. The arrestees were identified as Abdul Motin, 43, and Mohammad Abdul Aziz,...
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