Private universities now occupy a significant position in the sphere of higher education in Bangladesh. Over the years these institutions moved from being filler in the vacuum created by dearth of seats in public universities. Still private university education is...
Bangladesh is a country full of prospects. Its locational position in the international map is the principal cause of it. One hundred sixty million lively people and their professional and socio-economic interaction have a great influence on its development. As...
India's anti-graft crusader Anna Hazare is back with his demands for tough laws for curbing the alarming menace of corruption in the world's largest democracy; but the government of Prime Minister Dr Manmohan Singh appears to be dragging its feet...
Shamsher Chowdhury The night before, I told my wife and daughter to keep the car available for my use so that I could go meet my brother Kabir Chowdhury this Saturday (December 17) and now the Creator has taken him...
`Pakistan President Asif Ali Zardari was forced to seek treatment in Dubai because of threats to his life if he attended a Pakistani hospital, Prime Minister Yousuf Raza Gilani said December 14. Speaking in the Senate, the prime minister said...
CHITTAGONG, December 15: Western Marine Shipyard, one of the leading shipbuilders of the country, laid four keels weighing 350 dwt (dead weight tonnage) each to build tankers for Nurjahan Group. Representatives of Nurjahan Group and Germanischer Llyod BD and 13...
Mohammad Mufazzal The Securities and Exchange Commission (SEC) Thursday postponed the IPO (initial public offering) subscription of GBB Power as the company has not yet fixed its license problem, officials said. Officials said the SEC made the decision after the...
FE Report City Bank Limited has made a late move to offer housing loan to its customers whereas many banks and non-banking financial institutions have been providing such loans since long. The bank introduced the loan scheme for its customers...
FE Report Dhaka stocks edged higher Thursday amid volatile trading throughout the session with turnover declined significantly, as institutional investors remained inactive in the market. The market opened with a flying note gaining more than 80 points within 10 minutes....
Eastern Bank Ltd. (EBL) Thursday launched 24 hours a week Customer Service Call Centre titled as 'EBL Contact Center', at Gulshan in the city. Existing and potential EBL customers can quickly get answers to all the banking queries from EBL...
FE Report Corporate social responsibility with the true spirit of Islam could ensure human welfare and justice, said businesspersons at a roundtable in the capital Thursday. They said entrepreneurs could play a significant role in this regard as there was...
Ericsson shares its insights on the top telecommunications trends for the market. "Drawing on our regional network experience, global research, internal analysis and external references, we have identified ten key trends for 2012 with regard to devices, networks, applications and...
FE Report Korean LG Electronics has expressed its interest to invest $500 million for establishing a new factory in Bangladesh to manufacture LCD television, refrigerator, air-conditioner and other home appliances. A delegation of LG Electronics, headed by its vice president...
SAO PAULO, Dec 15 (AFP): Visiting French Prime Minister Francois Fillon said Thursday that his country was likely to face new "jolts" from the eurozone debt crisis amid rumors that it could lose its triple-A debt rating. In a speech...
GENEVA, Dec 15 (PTI): The eve of important WTO Ministerial meeting, India along with other BRICS members Wednesday underscored the key role of the World Trade Organisation (WTO) to keep protectionism at bay in the difficult economic environment. The trade...
BRUSSELS, Dec 15 (AFP): Eurozone inflation hit 3.0 per cent for the third month running in November, the EU said on Thursday with detailed data showing transport, energy and housing were the main upward drivers. The annual rates of price...
MUMBAI, Dec 15 (AFP): The Indian rupee continued its downward spiral against the US dollar Thursday, hitting another record low due to concerns over the eurozone debt crisis and weak domestic data. The Indian unit -- Asia's worst performing currency...
BERLIN, Dec 15 (AFP): German Chancellor Angela Merkel said Wednesday it could take Europe years to solve its debt crisis, as growing scepticism about the outcome of last week's EU summit weighed on financial markets. In a speech to the...
ATHENS, Dec 15 (AFP): Greece will chalk up its worst-ever recession this year, Prime Minister Lucas Papademos warned Wednesday, with the contraction in the eurozone member to be greater than the 5.5 per cent forecast. "2011 will be the worst...
SYDNEY, Dec 15 (AFP): Australian Prime Minister Julia Gillard hit the jackpot Thursday when she was recommended for a 31 percent pay rise to take her salary to Aus$481,000 (US$476,000)-more than US President Barack Obama. Gillard, whose support in opinion...
The Benchmark General Index DGEN gained more than half a percent on a volatile day of trading. After experiencing sharp sell off on the previous day, based on unsubstantiated rumor about sponsor's writ filing possibility, traders got a grip of...
KATHMANDU, Dec 15 (Xinhua): Minister of State for Energy Suryaman Dong said that Nepali government was planning to import energy from India to reduce the possible long-hour power outage in the country. Speaking at a face-to-face program in the capital...
NEW DELHI, Dec 15 (Business Standard): India's food inflation eased to 4.35 per cent in the year to December 3 -- its lowest reading since late February 2008 -- from an annual 6.60 per cent rise in the previous week,...
SINGAPORE, Dec 15 (AFP): Oil prices bounced in Asia on Thursday after see-sawing in early trade following an overnight slump caused by OPEC's decision to raise output without setting new quota rules, analysts said. New York's main contract, light sweet...
BEIJING, Dec 15 (AFP): China's exports growth is expected to halve in 2012 from this year as turmoil in Europe and the United States hits demand for Chinese products, a senior government researcher said Thursday. Shipments are expected to grow...
HONG KONG, Dec 15 (AFP): Shares of Hong Kong-based Chow Tai Fook Jewellery Co. fell as much as 9 per cent on its trading debut Thursday, after raising a lower-than-expected $2.0 billion amid volatile global markets. The world's biggest jewellery...
LONDON, Dec 15 (Reuters): Spot gold rose on Thursday, rebounding from sharp falls in the previous session on short covering and a weak dollar, but prices hovered near 2-12 month lows as intensifying worries about the euro zone debt crisis...
MANILA, Dec 15 (Reuters): The Philippines, once the world's top rice buyer, aims to grow its output of the grain 11 per cent to hit a record volume next year as it seeks to further reduce imports and achieve self-sufficiency...
HANOI, Dec 15 (Xinhua): The export value of Vietnamese footwear exports is forecast to reach six billion US dollars in 2011, ranking the item at the third place in terms of the export value of the Vietnamese exports, after garment...
LONDON, Dec 15 (Reuters): The pace of decline in the euro zone private sector eased unexpectedly in December, but the global toll of the region's sovereign debt crisis became clearer on Thursday with news of falling investment and factory activity...
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