Bangladesh Bank (BB) on Thursday instructed all the scheduled banks in 102 upazilas of the country to remain open on Saturday. In a circular, the central bank directed that all the schedules banks in 102 upazilas of 40 districts will...
The recovery among eurozone private sector firms gathered pace in January, a survey has indicated, with growth at its fastest pace since June 2011. The latest Markit Purchasing Managers' Index (PMI) for the eurozone economy rose to 53.2 from 52.1...
Bank of England (BoE) governor Mark Carney has said there is "no immediate need to increase interest rates". He told BBC Newsnight the case for a rate rise would be examined in next month's inflation report, but that it was...
More than 30 Rohingya Muslims were killed in attacks by Buddhists last week in Burma’s Rakhine state, the BBC has been told. Two international aid officials who were granted access to the area in the far west of the country...
UN Secretary-General Ban Ki-moon has expressed deep shock at the death of Bangladeshi peacekeeper Lt Col M Tawhid-Ul-Mulk in Ivory Coast. In a condolence message handed over to Bangladesh Permanent Representative to the United Nations (UN) Dr AK Abdul Momen,...
Some 30 teachers of Khulna University (KU) have resigned en masse from 33 administrative posts, including head of department and hall provost, protesting the insult of one of their fellows. The teachers submitted their resignation letters to the office of...
Liton Chandro Sarkar | 2014-01-23 00:00:00
At present out of all the businesses running in the country, the readymade garment (RMG) sector has taken the lead in posting the maximum foreign currency earnings and employing a large number of people in the sector. The RMG sector...
S Iftikhar Murshed from Pakistan | 2014-01-23 00:00:00
Since its birth in 1947 Pakistan has sown many martyrs on its soil, and has yet to reap its saints. In the first nine days of this year two more of its sons sacrificed their lives to protect their fellow...
A state-linked news website in Saudi Arabia says the kingdom has donated $100 million to the United Nations International Centre for Counterterrorism. There was no immediate response from the UN centre about whether the funds had been received. However, the...
That the political mayhem over the past several months has seriously dented some of the vital sectors of the economy -- notably exports -- is unquestionable. However, there are a host of other sectors and sub-sectors which, too, had to...
Abdul Bayes | 2014-01-23 00:00:00
The low level of participation of women in the labour market and their segregation to homework may be due to discrimination in the labour market. Labour market discrimination occurs when two workers with similar characteristics are paid differently for the...
F R Chowdhury from London | 2014-01-23 00:00:00
This scribe has been living in the United Kingdom (UK) since 1991. But keeping in touch with every development in Bangladesh is not difficult. The UK is a constitutional monarchy which means that the unwritten constitution of the country has...
The Malaysian government has started a massive crackdown on illegal migrant workers staying there without proper documentation and visa. Malaysia has already detained many illegal migrants and soon they will be deported to their respective countries. There are many Bangladeshis,...
A few days ago, I went to the National Board of Revenue (NBR), Segun Bagicha to get a routine tax certificate but I was totally dumbfounded and helpless to see that everyone, from peon to officer, was asking shamelessly for...
There are many media reports on tortured housemaids. Most often the victims are minors and unable to protect themselves from their tyrant employees or the cruel housewives. Sometimes, the domestic helps are not given enough food, enough salaries and some...
Mohammad Simon Rahman | 2014-01-23 00:00:00
In most cases, despite having the knowledge of a potential disaster, we fail to realise the importance of adopting the necessary risk reduction measures and do the needful to ensure a coordinated preparedness mechanism. Some construction workers under Sylhet City...
M A Jabbar | 2014-01-23 00:00:00
The first death anniversary of National Professor Dr Nurul Islam will be observed tomorrow (January 24). He dedicated most of his working life not only to further the cause of medical science in this country, but also to improve the...
FE Report | 2014-01-23 00:00:00
Stocks on the bourses witnessed sharp rise Wednesday with turnover hitting two months high as investors went for buying spree amid positive expectation in coming days. The prime index of the Dhaka Stock Exchange (DSE) - DSEX- crossed 4,600 points...
FE Report | 2014-01-23 00:00:00
Eight shareholders of the Dhaka Stock Exchange (DSE) has submitted their nomination papers for the elections of four shareholder directors' posts of the bourse scheduled to be held on February 12. The candidates who submitted their nomination papers are: Md....
Green Delta Insurance Company Limited signed an agreement with International Finance Corporation (IFC) on the Corporate Governance workshop at the capital recently. Under this agreement, IFC will conduct workshops for the Board of Directors and Senior Management of Green Delta...
Airtel to sell tower networks Bharti Airtel has moved to sell a large number of tower networks of its Bangladesh venture to raise cash around $200 million. As per the plan, the company will sell 4000 tower networks commonly known...
MUMBAI, Jan 22 (Reuters): The BSE Sensex closed at a record high on Wednesday as drug makers rallied on optimism about their quarterly earnings, although analysts still remain cautious about how far broader gains can sustain. A recommendation from a...
DOHA, Jan 22 (Reuters): Mesaieed Petrochemical Holding Co, a unit of state-owned Qatar Petroleum, raised 3.2 billion riyals ($880 million) in the Qatari stock market's first initial public offer (IPO) of shares since 2010, the parent firm said on Wednesday....
HONG KONG, Jan 22 (Reuters): China shares chalked up their biggest daily gain in two months on Wednesday, lifting Hong Kong markets as cash rates in the mainland eased further after the Chinese central bank pledged to ensure stability in...
BEIJING/SHANGHAI, Jan 22 (Reuters): German automaker Daimler AG will become the first foreign, non-financial company to issue bonds in China's domestic market, two sources close to the deal told Reuters on Wednesday. The deal marks an important step in China's...
TOKYO, Jan 22 (Reuters): The Nikkei stock average eked out modest gains on Wednesday, with Tokyo Steel Manufacturing Co Ltd jumping after a robust earnings report. The Nikkei ended 0.2 per cent higher at 15,820.96 after trading as low as...
NEW DELHI, Jan 22 (PTI): The stake of country's largest life insurer LIC in Axis Bank has crossed 10 per cent after it picked up the private lender's shares through open market transactions. LIC, one of the promoters in Axis...
Kaspersky Lab announces that Kaspersky Internet Security, its flagship home user product, has received the "Product of the year" award from the independent testing lab AV-Comparatives after it consistently demonstrated the best results in testing throughout 2013. Out of 22...
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