M Azizur Rahman | 2014-06-19 00:00:00
Technical glitches at less expensive gas-fired power plants and their persistent closure are eating up the overall growth in electricity generation, pushing the overall electricity generation cost higher, industry insiders said. All sorts of clients, from less-electricity consuming domestic users...
Shahiduzzaman Khan | 2014-06-19 00:00:00
The ongoing crackdown on use of formalin in fruits is a welcome move, in view of the growing menace of the use of dangerously harmful toxic substances in food items and a serious threat to human health in its wake,...
Siddique Islam | 2014-06-19 00:00:00
The country's overall imports particularly for industrial sector are expected to rise significantly in the near future with the implementation of different infrastructure projects including the Padma Bridge. "We expect that the overall imports, particularly for industrial sector, will increase...
Badrul Ahsan | 2014-06-19 00:00:00
Borrowing funds from overseas sources by private-sector entities has shot up more than ten times in just three years with the country's banking systems glutted with idle money. Borrowers and experts have attributed such a steep rise in overseas borrowings...
FE Report | 2014-06-19 00:00:00
The International Finance Corporation (IFC), the private sector lending arm of the World Bank Group, is set to raise its investment up to US $ 1.0 billion in Bangladesh, mainly in the areas of textile and climate change, in the...
Talha Bin Habib | 2014-06-19 00:00:00
Anyone found in illegal possession or selling formalin will have to spend life in prison, according to one provision of a law in the making, as the government moved to curb the curse of poisoning of the food chain with...
Customs officials have seized gold bars weighing about 13.5 kg from Dhaka and Chittagong airports. Four people have so far been detained in this connection. Customs officials at Dhaka's Shahjalal International Airport seized 60 gold bars worth about Tk 40...
Cambodian Prime Minister Hun Sen left Dhaka for home Wednesday morning after a three-day tour. State Minister for Foreign Affairs Shahriar Alam saw him off at the VVIP lounge of the Hazrat Shahjalal International Airport where Hun Sen was presented...
More than 100 shops and hosiery factories were burnt down in a fire that engulfed three adjacent markets in the business city of Narayanganj early Wednesday. Witnesses said the fire originated in the Suhrawardi Market at around 4am and soon...
Tokyo stocks gained 1.62 per cent in the morning session on Thursday, following gains overnight in New York. The benchmark Nikkei 225 index rose 244.43 points to 15,360.23 by the break, while the Topix index of all first-section issues was...
Chinese shares were slightly higher in morning trade on Thursday, tracking an overnight rally in US stocks, but gains may be capped by persistent worries over the domestic economy, dealers said. The benchmark Shanghai Composite Index rose 0.14 per cent,...
Hong Kong shares rose 0.36 per cent on Thursday morning following a rally on Wall Street fuelled by upbeat comments on the US economy by the Federal Reserve. The benchmark Hang Seng Index added 83.20 points to 23,264.92 in the...
The Federal Reserve slashed its 2014 growth forecast for the US economy after the rough winter but kept policy on hold on Wednesday, showing faith in a modest rebound. Fed Chair Janet Yellen said the economy had picked up after...
Global oil prices diverged on Wednesday as the leading US benchmark fell following an American energy inventory report while the main European contract rose in response to more violence in Iraq. US benchmark West Texas Intermediate for July delivery fell...
Europe's main stock markets ended close to the flat line on Wednesday as investors marked time ahead of the US Federal Reserve’s latest monetary policy meeting and tracked fighting in Iraq. London’s FTSE 100 rose 0.17 per cent to 6,778.56...
Shares in French biotechnology company Cellectis soared by nearly 70 per cent on Wednesday, boosted by news that pharmaceutical giant Pfizer will take a stake in the firm to develop anti-cancer treatments. Pfizer, the biggest drug-maker in the world, will...
Spain's elimination from World Cup by Chile not only spelt the end for one of the greatest national teams, but also threatened the demise of an entire footballing philosophy. South American side Chile ended Spain’s long reign as the kings...
The Netherlands on Wednesday needed goals from Arjen Robben and Robin van Persie to fight back against Australia before Memphis Depay’s long-range effort settled a thrilling game at Porto Alegre’s Beira-Rio Stadium. Van Persie will miss the next game against...
Spain's King Felipe VI begins a new reign on Thursday already facing a threat to the unity of his kingdom as the northeastern region of Catalonia fights to hold an independence referendum on November 9. With only a ceremonial role...
Nigerian authorities started a nationwide crackdown on media, ranging from seizures of newspapers to tough new regulations on live political programming. Human rights groups and journalists say there’s no freedom of speech in Nigeria. Nigeria’s media freedom record has fallen...
A ferry along with five paddy-laden trucks and two pickup vans capsized in the Madhumati River near Kalna Ferry Ghat in Kashiani upazila of Gopalganj district early Thursday. Police said when the ferry along with the vehicles and some passengers...
State Minister for Home Asaduzzaman Khan Kamal has demanded Tk 4 billion more in the new budget for his ministry for fiscal 2014-2015. The junior minister placed the demand in Parliament participating in general discussion on the proposed national budget....
Police have detained 24 suspected activists of Islami Chhatri Sangstha in Dhaka for allegedly plotting subversive act. All of them, aged between 22 and 24 years, are students of various colleges and universities, police say. Chhatri Sangstha is the female...
A case has been filed with a Panchagarh court against 18 BGB personnel in connection with the death of an elderly man in custody. Rezia Khatun, wife of victim Zahirul Islam, filed the case against 6 named members of Border...
FE Online Report | 2014-06-19 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading amid see-saw on Thursday, the last trading day of the week. DSEX, the prime index...
The High Court delivers today (Thursday) its order on a public interest litigation (PIL) writ challenging the validity of the Section 19 of the RPO empowering MP candidates to be elected unopposed. The HC division bench, comprising Justice Mirza Hossain...
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