I thank the Chief Election Commissioner (CEC) for accepting the bitter truth that violence would have occurred in the upazila elections even if he had been in the country during the polls. It means he has acknowledged that he is...
It is evident that a huge amount of money has been plundered from banks by groups of deceitful entrepreneurs. It is a regular incident but no severe punishment has been meted out to them though some bank officials got death...
Peace-loving citizens are shocked to know about the abduction of the husband of Syeda Rizwana Hasan, chief executive of the Bangladesh Environmental Lawyers Association (Bela). She was awarded Goldman Environmental Prize in 2009 and prestigious Ramon Magsaysay Award. Her tireless...
Md. Jamal Hossain | 2014-04-19 00:00:00
The controversy over the pay gap between chief executive officers (CEOs) and employees is not new and has a well-traced history. It is often argued that the CEOs are too highly remunerated. Their high remunerations seem to counter the reality...
Felix Salmon | 2014-04-19 00:00:00
The most interesting and provocative thing to be written of late about financial innovation in general, and high-frequency trading (HFT) in particular, comes from Joe Stiglitz. The Nobel prize-winning economist delivered a wonderful and fascinating speech at the Atlanta Fed's...
Doctors at Dhaka’s Sir Salimullah Medical College and Hospital, better known as Mitford hospital, have attacked newsmen of a private television channel Ekushey TV (ETV) Saturday. ETV’s chief correspondent Mahathir Faruqui told bdnews24.com that reporter Ilias Hossain and cameraperson Manirul...
Jafar Ahmed Chowdhury | 2014-04-19 00:00:00
Every country prepares its national budget for a financial year. But the nomenclature differs from country to country depending on the form of government it has. The capitalist and the socialist countries have different kinds of budgets and planning processes....
B K Mukhopadhyay from Kolkata | 2014-04-19 00:00:00
Should 2014 be better than the year 2013? Indications are there - inflation and interest rates are low in most of the economies, oil prices are expected to fall, companies are sitting on cash, there's plenty of pent-up consumer demand...
FE Report Communications Minister Obaidul Quader Friday blamed high interest rate for proposed 'exorbitant and undue' fare of the new taxicabs, to ply the streets of Dhaka and Chittagong from Tuesday. "Bangladesh has the highest bank interest rate in Asia....
HELSINKI, Apr 18 (AFP) : Finnish telecom company Nokia on Thursday recalled 30,000 chargers for its Lumia 2520 tablet due to risk it could give customers an electric shock. The AC-300 charger, manufactured by a third-party supplier, was sold in...
BNP warned the government on Friday of a befitting reply if it tries to block their scheduled long march towards the Teesta Barrage in Nilphamari on April 22, reports UNB. "Our long-march programme will be peaceful one. We'll stage the...
Talha Bin Habib | 2014-04-19 00:00:00
Bangladeshis living in the United Kingdom (UK) have expressed interest to invest in the information technology (IT) and education sectors in the country. The Dhaka Chamber of Commerce and Industry (DCCI) and UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI) have...
FE Report Ginger price increased to an all time high of Tk 220 per kg on Friday. Prices of a few vegetable items, onion, chilli and fish varieties reduced slightly, rice remained pricey while other commodities were stable on the...
Detroit, Apr 18 (Reuters): If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave...
BANGALORE, Apr 18: Wipro, one of India's biggest outsourcing exporters by sales, reported Thursday quarterly net profit jumped 41 per cent as clients increased spending on the back of a pick-up in the global economy. For the financial fourth quarter...
WASHINGTON, Apr 18: Microsoft said Thursday it has sold more than five million XBox One consoles since they were launched in November. The news came a day after video game competitor Sony said it had sold more than seven million...
ANKARA, Apr 18: Energy-dependent Turkey will ask for a discount on the price of the gas it buys from Russia, its energy minister said on Friday. "The negotiations and agreements we concluded with Russia give us the right for a...
TEHRAN, Apr 18 (AFP) : Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said Friday. Mansour Moazami, who holds the...
TOKYO, Apr 18 (AFP) : The dollar was steady in quiet Asian trade Friday, winning support from positive US jobs data and a deal between Russia and the West aimed at easing tensions in Ukraine. The greenback fetched 102.43 yen...
LOS ANGELES, Apr 18 (Reuters) : Walt Disney Co's cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday. "We...
WASHINGTON, Apr 18 (Reuters) : US-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said, as negotiators struggle to narrow gaps ahead of a summit between the countries'...
NEW YORK, Apr 18 (AFP) : US stocks fell modestly in early trade Thursday as poor earnings from Google and IBM set the tone despite solid quarterly reports from Goldman Sachs, General Electric and other firms. The weak sentiment was...
UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI), a new business platform of most successful Non Resident Bangladeshis (NRBs), plans to develop entrepreneurship among the youth in Bangladesh and the UK. "We'll develop entrepreneurship targeting youths in Bangladesh and NRBs in...
Wildau SHANGHAI, Apr 18 (Reuters): China's short-term funding costs slumped this week amid an abundance of money market liquidity, driven partly by weaker demand for funds as economic growth slows, traders said. Liquidity was likely to be comfortable in the...
LISBON, Apr 18 (AFP) : Portugal on Thursday said it plans to make its first pre-announced government bond auction since April 2011, ahead of exiting its bailout programmeme next month. The national debt management agency IGCP said it would make...
CHICAGO, Apr 18 (Xinhua) : Chicago agricultural commodity futures were traded mixed Thursday, with corn and soybeans prices down while wheat price up. The most active corn contract for July delivery fell 3 US cents, or 0.60 per cent, to...
TUNIS, Apr 18 (AFP): Tunisia's President Moncef Marzouki announced on Friday his decision to voluntarily take a two-thirds pay cut as the government grapples with a financial situation it has described as "critical." "We are facing a financial and economic...
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