Nazmul Khan | 2014-05-21 00:00:00
The finance minister of a country like Bangladesh is always at the receiving end. Mobilising funds to meet both recurrent and development expenditures remains a tough job for him/her. For the finance minister of a resource-starved country the act of...
Hisham Uddin Khan | 2014-05-21 00:00:00
When we talk over the contribution of tobacco industry, more than 95% of its revenue comes from the cigarette industry. In the fiscal year 2013-2014, this industry contributed around 29.71 %( estimated) to the national internal revenue. In UK the...
Gultekin Binte Azad and Nabeela Mobashwer | 2014-05-21 00:00:00
Bangladesh, with its comparatively low GDP per capita, has been involved in the making of a highly competitive mobile telephone market. There had been a truly great year in 2007 with the mobile subscriber base increasing by 70%. Bangladesh mobile...
Nazmul Khan and Hisham Uddin Khan | 2014-05-21 00:00:00
Over the last decade, the contribution of the real estate & construction sector in Bangladeshi economy has tripled. For an exposition of the relative growth rate of Bangladesh real estate & construction sector over the decade spanning from 2001-2012, the...
Undeniably, failure to mop up sufficient resources, primarily because of policy-related flaws and man-made factors, the government has no other way but to skip many important infrastructure and welfare projects or go slow on their implementation. Many tend to believe...
US stocks on Tuesday moved lower in early trade following a mixed batch of quarterly earnings reports from retailers. About 30 minutes into trade, the Dow Jones Industrial Average fell 73.24 (0.44 per cent) to 16,438.62. The broad-based S&P 500...
Local Awami League has withdrawn its Wednesday’s hartal (shutdown) in Bagerhat after police recorded an extortion case against 21 people, including managing director of New Bashundhara Real Estate Abdul Mannan. Sheikh Bashirul Islam, president of Bagerhat Municipality unit of AL,...
Tokyo stocks slipped 0.29 per cent on Wednesday morning following losses on Wall Street, while the stronger yen hit exporters. The benchmark Nikkei 225 index eased 40.33 points to 14,034.92 by the break, while the Topix index of all first-section...
Japan's trade deficit narrowed again last month, data showed on Wednesday, as a sales tax hike weighed on imports -- denting demand for foreign fruit, lobsters and crude oil -- while shipments of goods to overseas markets picked up pace....
European equities retreated on Tuesday, with London hit by poorly-received results from British retailer Marks & Spencer and mobile phone giant Vodafone. London’s FTSE 100 index of top companies dropped 0.62 per cent to close at 6,802 points, Frankfurt's DAX...
Rapid Action Battalion (Rab) has reinstated 18 of the officers of Rab-3 after they were ‘withdrawn’ from their posts following allegations that they embezzled seized money. The force has confirmed reinstatement of the members, including the battalion’s Crime Prevention Company...
A Chittagong court on Tuesday sent back Jamaat-e-Islami leader ANM Shamsul Islam to jail rejecting his bail pleas in the Jubo League activist Mohammad Hasan killing case. Judicial Magistrate Masud Parvez passed the order when police produced the Jamaat leader...
Deutsche Bank on Tuesday said it had raised twice the amount planned in an issue of hybrid bonds, in three days of intense efforts by Germany’s largest lender to raise its capital amid stress tests being carried out on European...
At least 10 houses and five shops were gutted in separate incidents of fire in Sherpur and Munshiganj districts on Tuesday. In Sherpur, a fire broke out at Old Shreebardi under Shreebardi upazila yesterday, burning down 10 houses. Locals said...
Hong Kong stocks dropped 0.52 per cent at the closing sessions on Wednesday following losses on Wall Street, according to AFP.
Prices of most of the shares in Shanghai capital markets witnessed downward trend on Wednesday. The stocks shed 0.34 percent at the end of trading today, according to AFP.
As mercury is rising day by day people are suffering due to the balmy, blazing heat. Worse, there will be no respite in the next few days as the Met Office has forecast that the hot spell will continue for...
The prices of most of the shares in Seoul stock markets marked downtrend on Wednesday. Kospi was 0.20 per cent lower at the close of trade, according to AFP
FE Online Report | 2014-05-21 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE, went up by 33.03 points or...
Slain Narayanganj City Corporatopm (NCC) Councillor Nazrul Islam’s father-in-law Shahidul Islam has filed a general diary with Siddhirganj Police Station claiming he was receiving death threats. He lodged the complaint on Tuesday night seeking security, Siddhirganj thana Sub-Inspector (SI) Monir...
Liberation War Affairs Minister AKM Mozammel Haque, MP, has said that the government has taken initiatives for building residences for freedom fighters (FFs) at upazilas and in districts across the country. Terming the freedom fighters the greatest sons of the...
Back-to-back bomb attack killed at least 118 people and wounded 45 in the crowded business district of the central Nigerian city of Jos on Tuesday, emergency services said, in an attack that appeared to bear the hallmarks of the Boko...
A teenaged boy died after being struck by a thunderbolt at Udaypur village under Chhatak upazila in Sylhet district on Tuesday. The dead is Shaheen Ahmed, 18, son of Almas Ali of the village. Witnesses said Saheen received severe burn...
A case was filed against 36 people, including a BNP-blessed chairman candidate of Feni’s Fulgazi Upazila (UZ) Parishad, for murder of Ekramul Haque, the incumbent chairman of the UZ. Assailants shot Ekramul Haque in his microbus and then torched the...
Asia's markets fell on Wednesday after a tumble on Wall Street, with investors in Japan tracking a central bank policy meeting later in the day. The dollar drifted lower against the yen following a weak batch of corporate figures out...
US search engine Google has overtaken rival technology titan Apple as the world’s top brand in terms of value, global market research agency Millward Brown said on Tuesday. Google’s brand value shot up 40 per cent in a year to...
A Dhaka court on Wednesday deferred recording of testimonies in two graft cases against BNP Chairperson Khaleda Zia. The deposition in the ‘Zia Charitable Trust’ and ‘Zia Orphanage Trust’ cases was to start today. Special Judge-3 Basudeb Roy fixed the...
The Appellate Division has turned down pleas of senior BNP leaders Moudud Ahmed and Khandaker Mosharraf Hossain to scrap the case filed against them by the Anti-Corruption Commission (ACC). A four-member bench headed by Chief Justice Md Muzammel Hossain gave...
A female schoolteacher was beaten to death allegedly by her husband and in-laws over a family feud in Chauhali Upazila in Sirajganj district on Tuesday. The deceased was identified as Hafiza Khatun, 25, assistant teacher of a local primary school...
The High Court has issued a stay order on a government order to remove tinted glass from vehicles for two weeks. The bench of Justices Mirza Hussain Haider and Muhammad Khurshid Alam Sarkar issued the order on Wednesday after hearing...
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