The dollar edged higher against the yen in early trade, adding to its gains in New York on Friday thanks to an uptick in optimism. The dollar bought 102.38 yen compared with 102.30 yen in New York, where it had...
Police have recovered dead bodies of two young men from Damurhuda Upazila in Chuadanga with their throats slit. The two murdered were identified as Selim Uddin, 32, and Sabur Hossain, 28, of Mujibnagar Upazila in Meherpur. Both were cousins. Police...
The leader of Nepal’s largest political party is likely to be Nepal’s next prime minister because he is the only contender and has enough support to be elected during voting in parliament on Monday. The president of Nepali Congress party,...
New York’s attorney general says more than 3,000 birds were rescued in a three-county cockfighting takedown that resulted in nine felony arrests. Attorney General Eric Schneiderman called this weekend’s bust the largest rescue of fighting roosters in New York history....
BNP Chairperson Khaleda Zia will sit with the leaders of Dhaka city BNP Monday night as part of her initiative to tidy up the party’s different units before waging a fresh movement. The meeting will be held at the BNP...
At least 10 people were injured in a clash between members of Rapid Action Battalion (Rab) and a group of locals in Golachipa area of the city on Sunday night. Quoting Rab sources, officer-in-charge of Narayanganj Sadar Model Police Station...
A Dhaka court on Monday set February 27 for further argument in Maj Gen Manzoor killing case. Dhaka’s first additional district and sessions judge Khandaker Hasan Mahmud Firoz fixed the date after deferring the verdict that was scheduled Monday. Earlier,...
All types of export and import-related activities at Hili land port will remain closed for the next four days from Monday because of the ongoing road reconstruction works on the Indian side. Sources at the port authorities said the port...
There has been witnessed an awful increase in the incidents of murder and body concealing in Khulna district in recent times. Police recovered 112 unidentified bodies, either lying in desolate places or concealed, from different places of the district in...
Voters in Switzerland narrowly backed a proposal to limit immigration Sunday, in a blow for the government after it had warned that the measure could harm the Swiss economy and relations with the European Union. The decision follows a successful...
The Appellate Division of the Supreme Court (SC) on Monday rejected the High Court (HC) order granting ad-interim bail for four weeks to Hall-Mark Group chairman Jesmin Islam in a case filed by the Anti-Corruption Commission for not submitting wealth...
The government has merged the Ministry of Posts and Telecommunications with the Ministry of Information and Communication Technology. The fresh nomenclature for it would be the Ministry of Posts, Telecommunications and Information Technology. A government handout on Monday said the...
The High Court has granted anticipatory bail to BNP leader and former health minister Khandker Mosharraf Hossain in a money laundering case. The bench of Justice Naima Haider and Justice Zafar Ahmed granted bail for six weeks on Monday after...
US Senate hearing on Bangladesh again. The Senate Committee on Foreign Relations will focus on the country's current political situation. It will also discuss the condition of workers’ rights, especially in the ready-made garment sector. This will be the third...
The High Court has asked how Chief Whip ASM Feroz, accused of loan fraud, has become a Member of the Parliament. Justices Salma Masud Chowdhury and Md Habibul Gani issued the rule after a preliminary hearing on a writ petition...
Police have pressed charges against nine people including Mufti Izaharul Islam and his son Mufti Harun Bin Izahar in three cases filed over a bomb explosion at a madrasa in Chittagong. Investigation Officer (IO) and Khuslhi Police Station SI Lokman...
BNP chairperson Khaleda Zia will have a meeting with US Ambassador in Dhaka Dan W Mozena on Tuesday evening. The parley will be held at Khaleda’s Gulshan office at 8:00pm, BNP chairperson’s media wing member Sayrul Kabir Khan told UNB....
"Self-interest" and "short-term deal making" will prevail over cricket's long-term health following the recent structural reforms in the International Cricket Council (ICC), the global players' association said on Monday. The ICC board passed key structural and financial reforms in Saturday's...
FE Online Report | 2014-02-10 00:00:00
Stocks ended lower for the second running session Monday with turnover dropped further as investors continued to book profit amid cautious trading. The market opened with a positive note, but could not sustain. The prime index of the Dhaka Stock...
Workers’ unions in the readymade garment (RMG) sector on Sunday claimed that about 75 percent of the apparel factories have failed to implement the new wage structure, while almost all the factories are tampering with the grades of the workers...
A Dhaka court on Monday rejected bail to Tazreen Fashion’s Managing Director Delwar Hossain and granted one month conditional bail to his wife and Chairman of the company Mahmuda Akther in a case over the devastating fire in the garment...
The US Agency for International Development (USAID) will continue to provide development assistance to Bangladesh keeping its total amount unchanged, including its spending on ‘democracy and governance’ area. “…let me clarify, we do not intend to reduce,” Janina Jaruzelski, the...
A committee set up by India's apex court indicted the son-in-law of the country's cricket board chief on Monday for illegal betting during the Indian Premier League Twenty20 competition last year. The involvement of Gurunath Meiyappan, who is married to...
International Development Association (IDA), the World Bank’s concessionary arm, will provide US$ 535 million for strengthening delivery of urban services and quality of higher education in the country. Mohammad Mejbahuddin, Secretary of Economic Relations Division (ERD) and Johannes Zutt, World...
STOCKHOLM, Feb 8 (Xinhua): Sweden ranked number one among the world's 40 more largest economies in a new measure of economic growth and development complied by accountancy firm PwC (PricewaterhouseCoopers), local media reported yesterday. Despite the global financial crisis, Sweden...
PARIS, Feb 8 (AFP) : French authorities said Friday they are going after for-profit car-sharing services such as that operated by US firm Uber, warning they risked a 1.5-million-euro ($2 million) fine under a new law being prepared. "Causing confusion...
CARACAS, Feb 8 (AFP) : Toyota is halting production at its only assembly plant in Venezuela because the world's largest automaker lacks the hard currency to import parts due to government controls, a factory official said Friday. The temporary shutdown...
Syed Ashraf Ali | 2014-02-09 00:00:00
The rise of foreign exchange reserve to a record level of $18 billion has spawned some questions on its likely impacts on the economy. I have come across an article written by Ahsan H Mansur, Executive Director of the Policy...
Mohammad Hasan in the second of his four-part article, titled Human resource development in RMG factories | 2014-02-09 00:00:00
Besides the production and personnel issues, the production manager (PM) remained involved in many pre-and-post production activities. The purchase of machinery and spare parts, maintenance of the equipment, excess materials, especially fabrics, etc. were attractive areas of interest of the...
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