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Govt, traders will jointly monitor essentials\\\' prices during Ramadan

FE Report | 2014-04-01 00:00:00

The government and traders will jointly monitor the prices of essentials during the upcoming holy month of Ramadan, commerce minister Tofail Ahmed said Monday. The decision was taken at a meeting between the commerce ministry and businessman aiming to maintain...

BRAC move to provide financial services to poor people through mobile phone

FE Report | 2014-04-01 00:00:00

BRAC, a leading NGO has taken an initiative to provide various financial services to poor people through mobile phone technology, enabling them to alleviate poverty. With the support from the Bill & Melinda Gates Foundation, BRAC is likely to begin...

News Brief

2014-04-01 00:00:00

Prime Ins chair, vice chair re-elected Ferdous Amin and Abdul Gaffar Dubash have been re-elected as the chairman and vice chairman of the board of directors of Prime Insurance Company Limited respectively for a period of one year. The 247th...

Photo: Southeast Bank Ltd.

2014-04-01 00:00:00

Photo: Islami Bank Bangladesh Limited

2014-04-01 00:00:00

Indian markets mark FY\\\'14 end with record highs

2014-04-01 00:00:00

MUMBAI, Mar 31 (Business Standard): Markets closed FY14 on a triumphant note with both the benchmark indices closing at record highs with the Nifty gaining past the 6,700 levels. The benchmark indices have reported their sharpest rally in past four...

Poultry farm owners stage demos in Dhamrai

2014-04-01 00:00:00

Poultry farm owners blocked Dhaka-Aricha highway at Dulidanga bus stand in Dhamrai upazila of Dhaka on Tuesday to press home their various demands, including stopping egg import from India and cutting fodder prices. Other demands of the farm owners include...

JBL achieves significant growth in net operating profit in 2013

FE Report | 2014-04-01 00:00:00

State-owned Janata Bank Ltd. (JBL) achieved a significant growth in net operating profit, bringing down the classified loans and increasing the total assets in 2013. According to the figure disclosed Monday at the 7th annual general meeting (AGM) of the...

ICAB workshop concludes

FE Report | 2014-04-01 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) concluded Sunday a two-day workshop on "The Art of Leadership" arranged aiming to orient its members with different leadership tactics and techniques in the corporate environment. A total of 33 Chartered Accountants-cum...

Photo: Eastern Bank Limited (EBL)

2014-04-01 00:00:00

Photo: British American Tobacco Bangladesh (BATB)

2014-04-01 00:00:00

Photo: Trust Bank Limited

2014-04-01 00:00:00

Photo: Prime Insurance Company Limited

2014-04-01 00:00:00

e-TIN registration deadline extended to June 30 next

FE Report | 2014-04-01 00:00:00

The National Board of Revenue (NBR) has further extended the deadline for e-TIN registration by three more months after it found nearly 50 per cent of the existing taxpayers yet to obtain the online TINs. The time for online TIN...

Rajuk likely to approve scrutiny body next week

Shamsul Huda | 2014-04-01 00:00:00

Rajdhani Unnayan Kartipokkho (Rajuk) is likely to approve a scrutinising committee next week to select consulting firms who have applied for getting registration. The authority in a move plans to provide registration to some compliant consulting firms aiming to curb...

17 more products to get duty-free access to China

FE Report | 2014-04-01 00:00:00

Chinese Ambassador in Bangladesh Li Jun Monday said China is considering to provide duty-free access to 17 more Bangladeshi products in a bid to strengthen business cooperation between the two nations. He was speaking at a seminar, organised by the...

BNP shoots back at Mobarak, demands apology

2014-03-31 00:00:00

Denouncing election commissioner M Abdul Mobarak’s remark that BNP has joined the upazila (UZ) polls after rubbing its nose in the dirt, the party on Monday asked him to withdraw his comment and apologise to the nation. “The acting chief...

Govt targets sending 3.7m manpower abroad

2014-03-31 00:00:00

The government has fixed a target of sending 3.7 million manpower from Bangladesh for overseas employment in the next five years. This was stated in the Parliament by Expatriates Welfare and Overseas Employment Minister Engr Khandaker Mosharraf Hossain on Monday,...

Lotus Kamal on AMA Muhith

2014-03-31 00:00:00

The Planning Minister feels the Finance Minister cannot deliver, and has described him as ‘an old man who talks rubbish’. On Monday, Planning Minister AHM Mustafa Kamal, better known as Lotus Kamal, heaped scorn on Finance Minister AMA Muhith in...

Biggest corruption scandal in China\\\'s history

Benjamin Kang Lim and Ben Blanchard of Reuters from Beijing | 2014-03-31 00:00:00

Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades,...

Regional prosperity can only come through cooperation

Muhammad Zamir | 2014-03-31 00:00:00

It has been heartening to note latest developments in this region. I am referring here to the recently-concluded Third Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit held in the first week of March in the...

Malaysia to recruit 0.3m BD workers

2014-03-31 00:00:00

Malaysia wants to recruit over 0.3 million workers from Bangladesh soon, visiting Malaysian Home Minister Dr Ahmad Zahid Hamidi said in Dhaka on Monday. He conveyed the Malaysian government’s willingness during a meeting with Planning Minister AHM Mostafa Kamal at...

Decline in industrial investment

Syed Jamaluddin | 2014-03-31 00:00:00

Political uncertainty is still lingering in the country's industrial sector. Entrepreneurs are not forthcoming in this sector. As investment trend is not positive, bank loans are contracting. According to a World Bank study, private sector investment declined by  1.2 per...

Agri information call centre

2014-03-31 00:00:00

Statistics relating to the country's national income accounting, particularly its gross domestic product (GDP), show a continuously declining trend in the contribution of the agricultural sector. Until the early seventies, the sector used to contribute more than half of the...

Comfort at exorbitant cost

Shamsul Huq Zahid | 2014-03-31 00:00:00

The communications ministry, unfortunately, has been insensitive to the interests of the passengers using all modes of public transports when it comes to the fixation of fares. May it be the fare of passenger buses or of auto-rickshaws, the ministry...

The rot must stop

Frank Peters | 2014-03-31 00:00:00

It comes as no surprise that a new university study, conducted by German researchers, concludes that corporal punishment does "lasting psychological harm" and supports the Bangladesh law that bans it. "Parents aim to educate children through corporal punishment, but instead...

Gas cylinder explosion

2014-03-31 00:00:00

We often read news about gas cylinder explosion. The number of such incidents which injure people seriously or even kill them is on the rise. I watched a sorry picture of a child being gravely injured in a gas cylinder...

10 JS bodies constituted

2014-03-31 00:00:00

Parliament on Monday constituted 10 parliamentary standing committees. The standing committees are on Water Resources Ministry, Commerce Ministry, Liberation War Affairs Ministry, Industries Ministry, Expatriates' Welfare and Overseas Employment Ministry, Post, Telecommunication and Information Technology Ministry, Religious Affairs Ministry, Information...

Abed brings Bangladesh to global focus

2014-03-31 00:00:00

Fortune Magazine, the US-based influential magazine, has rated BRAC Founder and Chairperson Sir Fazle Hasan Abed as one of the world's 50 greatest leaders. It is a matter of great honour for every Bangladeshi. Fazle Hasan Abed, the man behind...

Govt urged to nationalise CHT schools

2014-03-31 00:00:00

The International Chittagong Hill Tracts Commission (CHTC) has sent a letter to Prime Minister Sheikh Hasina calling upon her to take steps to nationalise primary schools in the Chittagong Hill Tracts. The letter, signed by co-chairs CHT Commission Eric Avebury,...