FE Report The high-ups of the country's two bourses have decided to work together to stabilise the markets. They have also decided to monitor weather the sponsorsdirectors are buying shares or not to comply with the securities regulator's recent directive...
FE Report Oracle recently announced the release of the Connected Digital Lifestyle Solution, providing communications service providers with a unified platform for service exposure, content management and delivery, and advertising to enable new revenue streams.
FE Report With Bangladesh's liberalised investment programme in the power and energy sector, further opportunities of Canadian investment are opening up in the power, oil and gas sectors in Bangladesh. Heather Cruden, high commissioner of Canada in Bangladesh disclosed this...
The 12th Annual General Meeting (AGM) of the Dutch-Bangla Chamber of Commerce and Industry (DBCCI) was held in the city Tuesday. DBCCI president Mir Md. Imam Hossain presided over the meeting and presented the organisation's activities in 2010, said a...
Arafat Ara The Internal Resources Division (IRD) recently sent a proposal to the finance ministry to raise interest rates on savings certificates for attracting the savers toward the state-run savings schemes. In a formal proposal IRD recommended to the Ministry...
Bangladesh wants to explore knitwear market in Japan, which is now virtually captured by China with its 87 per cent stake, said a BKMEA top official, reports UNB "We're going to arrange the sixth Knitwear Exposition in Tokyo which will...
FE Report Commerce Minister Ghulam Muhammed Quader Wednesday urged the officials of the state-owned Trading Corporation of Bangladesh (TCB) to intensify its efforts so that the prices of essentials remain under control. To gear up the departmental activities, he visited...
Syful Islam Bangladesh will face a hearing at the office of the United States Trade Representatives (USTR) next month on the labour rights issue, officials said Wednesday. This is for the third time Bangladesh is facing the hearing as the...
BEIJING, Dec 14 (Reuters): China pledged to guarantee growth in the face of an "extremely grim" outlook for the global economy in 2012, rounding off its annual policy-setting conference Wednesday with a series of commitments to deliver economic stability. Laying...
Yasir Wardad Agricultural Information Services (AIS) has designed a new machine through which farmers, who are not oriented with the operation of computers, will be able to read e-books on finger touch on the screen of the new machine, officials...
GENEVA, Dec 14 (AFP): Hong Kong has overtaken the United States and Britain to rank top in a World Economic Forum (WEF) survey on countries' financial health published Tuesday. Strong scores in non-banking financial services such as initial public offering...
The government is planning to shift to coal as fuel for power generation by setting up seven coal-based plants with a total output of 4,000MW by 2014, reports bdnews24.com. Six of these plants being planned by the Power Development Board...
MUMBAI, Dec 14 (AFP): India's central bank is likely to keep interest rates on hold this week, analysts and economists said, as policymakers prepare to meet amid fresh signs of a slowdown in the fast-growing economy. The Reserve Bank of...
FE report Export earnings from country's ready made garments (RMG) might cross $30 billion within next three calendar years, industry leaders said. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) leaders at a post-BATEXPO-2011 press briefing at BGMEA conference room in...
The nation will observe the Martyred Intellectuals' Day today (Wednesday) commemorating the tragic killing of the illustrated sons of the soil just two days before the country's final victory achieved through a bloody war in 1971, reports BSS. Sensing an...
Shamsul Huq Zahid The much-publicised Padma Bridge project, on its completion, was supposed to be a feather in the political cap of the incumbent government. But the project even before its takeoff has become a source of troubles for it....
Doulot Akter Mala Dhaka will send a proposal of signing an economic cooperation agreement instead of free trade agreement (FTA) with Kuala Lumpur, considering revenue aspects and incorporating manpower export issue. The government has estimated a significant amount of revenue...
Mohammad Mufazzal The sponsor-directors of 206 listed firms sold or transferred as gift more than 267.8 million shares from their holdings, but bought only 32.78 million shares of their companies in the last three years, officials said Tuesday. The volume...
National Professor Kabir Chowdhury, a renowned educationist, author and a pioneer in the movement against fundamentalism, died of cardiac arrest at his Naya Paltan residence in the city early Tuesday. He was 89, report agencies. Family sources said he breathed...
FE Report Petrobangla has approved a plan by ConocoPhillips to conduct seismic survey in Bangladesh's offshore blocks in February amid hopes for a discovery of a large hydrocarbon structure in the Bay. Senior Petrobangla officials said the start of the...
The Anti-Corruption Commission (ACC) is yet to get any information from the World Bank (WB) on alleged corruption in the Padma Bridge project. "We are yet to get any reply to the letter sent to the WB and other organisations,...
The government published the gazette of the 'ship breaking and recycling policy' Tuesday following its Monday's approval by the cabinet. The Industries Ministry finalised the policy to make the booming sector 'green' and workers-friendly. Earlier, in November, the Supreme Court...
Nizam Ahmed Creation of a national supply-chain of non-cereal food items can be an effective tool to protect growers' investment and to meet demand of consumers across the country, experts said on Tuesday. For lack of such a national supply...
FE Report A five-day fair of Real Estate and Housing Association of Bangladesh (REHAB) begins tomorrow at the Bangabandhu International Conference Centre. State Minister for Housing and Public Works Abdul Mannan Khan will inaugurate the fair as the chief guest....
Prime Minister (PM) Sheikh Hasina Tuesday said that her government would not tolerate anything from within or outside that might harm the country, reports UNB. "The present government is resolving all kinds of disputes with neighbours. We already resolved the...
FHM Humayan Kabir Planning Commission has allocated an additional fund of Tk 700 million for some priority projects including Dhaka-Chittagong four-lane highway of the Roads and Highways Department (RHD), officials said Tuesday. Planning Commission (PC) officials said they have provided...
FE Report Communications minister Obaidul Quader Tuesday ordered Bangladesh Road Transport Authority (BRTA) officials to improve their services, saying he won't tolerate any graft in the key state agency. "This agency will have to revive its image at any cost,"...
The name of former finance minister M Syeduzzaman was wrongly published Tuesday as M Saiduzzaman in a report of the FE, titled "Experts, stakeholders oppose intervention in stock market." The correct spelling of his name is M Syeduzzaman. A part...
NTPC Limited, India's largest state-owned power generator, entered into an agreement with Electricity Generation Company of Bangladesh Limited (EGCB) Tuesday for providing operation and maintenance services for 2x120 MW Gas-based Siddhirganj Peaking Power Plant, reports UNB. NTPC Ltd Additional General...
The ruling Awami League (AL) wants to restore the one-party BAKSAL rule in the country which was buried in 1975, in a new shape alleged BNP leader Mirza Fakhrul Islam Alamgir Tuesday, reports UNB. He was speaking at a human...
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