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China stocks up slightly

2014-05-23 00:00:00

Chinese stocks were slightly higher in morning trade on Friday but dealers said gains could be capped by worries over the domestic economy and a lack of fresh funds coming to the market. The benchmark Shanghai Composite Index edged up...

Dhaka for signing FTA with Manila to boost trade

2014-05-22 00:00:00

Bangladesh wants to sign a free trade agreement (FTA) with the Philippines to boost the two-way trade, Commerce Minister Tofail Ahmed said in the capital Tuesday. Mr Tofail, now in Manila, expressed his desire during the meetings with the leaders...

Kuwait warns deficit \\\'inevitable\\\' as spending soars

2014-05-22 00:00:00

KUWAIT CITY, May 21 (AFP) : Kuwait's finance minister warned Tuesday that the oil-rich Gulf state will face a certain budget deficit because growth in spending has outpaced a rise in public revenues. "A budget deficit is inevitable... as the...

BoJ dampens easing speculation, says Japan economy improving

2014-05-22 00:00:00

TOKYO, May 21 (AFP) : The Bank of Japan on Wednesday doused expectations of more easing measures in coming months, saying the world's number three economy was improving despite concern that a sales tax rise will derail recovery. Policymakers also...

News in brief

2014-05-22 00:00:00

Goldman puts Metro metals warehousing unit up for sale NEW YORK, May 21  : Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first...

Photo: A senior representative of Maldives foreign ministry

2014-05-22 00:00:00

Brac set to market sunflower oil brand this yr

Yasir Wardad | 2014-05-22 00:00:00

BRAC is going to market its sunflower oil brand 'Shufola' this year to help cut import cost and improve the livelihood of farmers in the coastal belt, officials said. The popularity of cooking oils that contain less cholesterol and fat...

Gold flat ahead of Fed\\\'s minutes; palladium at near-3 year high

2014-05-22 00:00:00

LONDON, May 21 (Reuters): Fitch Ratings Lanka has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term rating to 'BBB (lka)' from 'BBB+(lka)'. The Outlook is Stable. The agency has also downgraded the National Long-Term rating on SFL's outstanding senior debentures...

No salt import this year, says Amu

2014-05-22 00:00:00

The government will not allow to import salt this year to ensure that farmers ger "fair" prices, Industries Minister Amir Hossain Amu said Wednesday, reports BSS. "We'll not allow import of salt this year to help farmers get fair prices,"...

Oil prices up in Asian trade

2014-05-22 00:00:00

SINGAPORE, May 21 (AFP): Oil prices rose in Asian trade today as investors await the release of US Federal Reserve minutes from its April meeting, while keeping an eye on the latest stockpiles data. The US benchmark, West Texas Intermediate...

Global Commodity Prices

2014-05-22 00:00:00

Thai scene - will martial law resolve political crisis?

Zaglul Ahmed Chowdhury | 2014-05-22 00:00:00

The army of Thailand has declared martial law without taking over power in the country against a backdrop of a long-running political crisis. The development has come as another twist in the topsy-turvy politics of the south-east Asian nation, where...

How to deal with enforced disappearance, abduction, kidnapping

Raisul Islam Sourav | 2014-05-22 00:00:00

The occurrences of abduction, kidnap, enforced disappearance, killing etc. have increased rapidly all over the country. The most sensational is the recent case of abduction and killing of seven persons at Narayanganj. Most of the incidents are still unsolved and...

Ensuring effective implementation of ADP

2014-05-22 00:00:00

The approval of Taka 860-billion Annual Development Programme (ADP) for the upcoming fiscal 2014-15 by the National Economic Council (NEC) at its Tuesday's meeting with Prime Minister Sheikh Hasina in the chair, marks the completion of the substantial part of...

Cheating in banking

Maswood Alam Khan from Cockeysville, Maryland, USA | 2014-05-22 00:00:00

Hallmark Loan Scam in Bangladesh involved a total amount of about Taka 4,000 crore which means 40 billion in Bangladesh Taka and half a billion in US dollar. The Finance Minister at one stage remarked the amount was paltry. He...

Child injury in Bangladesh

Md Siddikur Rahman (Rana) | 2014-05-22 00:00:00

Child injuries are a growing global public health concern. Every day around the world lives of more than 2000 families are torn apart by the loss of a child to an unintentional injury or so-called "accident" that could have been...

Anti-adulteration drive

2014-05-22 00:00:00

Drive against adulterated food and fruits should continue steadfastly as consumers always run the risk of purchasing substandard and adulterated food and fruits. Though at present there are stringent rules in place but unscrupulous businessmen are flouting the rules and...

Mystery behind MH370 crash!

2014-05-22 00:00:00

The report from Manila dated May 19 was published by you on 20th. In my opinion, this could be as near the truth as possible. Over the last few weeks, I have been sharing my thoughts through newspapers; and my...

Unelected Advisors to the government

2014-05-22 00:00:00

The fundamental idea of democracy is the rule of the people through their elected representatives. In Bangladesh, we had to make a lot of sacrifice to achieve democracy. Keeping the blood shedding history in mind it is imperative that democratic...

Amending Customs Act for greater global integration

Ferdaus Ara Begum | 2014-05-22 00:00:00

Every plant has a growth pattern and a fledgling plant needs to be pruned in places to allow it go grow taller and stronger. The businesses also need the regulatory support of the government in order to ensure that the...

Leaking of questions: BCS examination

Md. Jamal Hossain | 2014-05-22 00:00:00

We wrote an article in The Financial Express on May 13 illustrating through an economic analysis how centralised control of the medical entrance examination creates higher possibility of questions leaking. In addition, we explained how the centralised method of distribution...

Govt has no control over law-enforcing agencies: BNP

2014-05-22 00:00:00

BNP acting secretary general Mirza Fakhrul Islam Alamgir said Wednesday the government has no control over the country's law-enforcing agencies because of its using them politically, reports UNB. "The heinous Fulgazi killing took place in Feni soon after the seven...

Graft cases against Moudud, Mosharraf to continue: SC

2014-05-22 00:00:00

The Supreme Court (SC) turned down Wednesday the pleas of BNP standing committee members Barrister Moudud Ahmed and Dr Khandaker Mosharraf Hossain to quash the trial proceedings against them in two graft cases, reports UNB. A four-member Appellate Division bench,...

Trial deferred again until June 19

2014-05-22 00:00:00

A Dhaka court has again deferred the start of trial against BNP chairperson Khaleda Zia, her eldest son Tarique Rahman and seven others until June 19 in the Zia Charitable Trust and Zia Orphanage Trust graft cases, reports UNB. Judge...

Mobarak trial: Credibility of prosecution papers questioned

2014-05-22 00:00:00

Apparently irked, the International Crimes Tribunal (ICT)-1 asked on Wednesday the designated prosecutor to collect a report from the Brahmanbaria Deputy Commissioner (DC) about the authenticity of its documents containing the list of Razakars and members of the Peace Committee...

DLA to hold nat’l convention tomorrow

2014-05-22 00:00:00

The Democratic Left Alliance (DLA) will hold a daylong national convention at the National Press Club Auditorium in the city tomorrow (Friday) demanding due shares of 54 common river waters, including the Teesta, reports UNB. Shuvangshu Chakrabarty, coordinator of the...

Cops foil BNP\\\'s warm-up meet in Munshiganj

2014-05-22 00:00:00

MUNSHIGANJ, May 21 (UNB): Police foiled Wednesday a preparatory meeting of local BNP in Gazaria upazila in the run-up to party chairperson Khaleda Zia's planned visit to the district on May 28. Foiling the meeting, the law enforcers also put...

JP preparing for movement

2014-05-22 00:00:00

Opposition Jatiya Party (JP) is preparing to start an agitation to protest abductions and killings, said Opposition Leader Rawshan Ershad Wednesday, reports bdnews24.com. Asked about her party's role in the recent abduction and murder of seven people in Narayanganj, Rawshan...

Photo: Jatiyatabadi Desh Bachao Manush Bachao Andolan

2014-05-22 00:00:00

Focus on achieving MDGs, foster participatory pathways to dev

FE Report | 2014-05-22 00:00:00

Bangladesh needs to focus more on accelerating the work of achieving the millennium development goals (MDGs), as it will face a challenge to meet multiple needs in a growing economy in the coming years, said UNDP regional director Haoliang Xu...