FE Today Logo

Search results for:


Education and corruption

2012-01-03 00:00:00

Governments here in succession have been found to be saying that they remain totally dedicated to spreading primary education and retaining the greatest number of the young ones in schools. But the realities belie such claims. That is one of...

An accreditation council for private universities

2012-01-03 00:00:00

Putting a full-fledged official accreditation mechanism in place for the private universities has become all too important. The need for such an accreditation council to watch over the affairs of the universities is widely considered a major need because many...

Population ageing: An emerging challenge

2012-01-03 00:00:00

Population ageing is a process through which the share of elderly population over 60 years of age becomes larger. For the world as a whole, the number of elderly population will to increase from 800 million now to over two...

Stock market package and small investors confidence

2012-01-03 00:00:00

The ongoing sogginess of spirit in the stock market is the result of a number of factors. Such factors include, among others, the lack of hope of investors in the regulatory body and other institutional authorities relevant to the stock...

FSIB's CSR programme

2012-01-03 00:00:00

FE ReportBangladesh Bank (BB) governor Atiur Rahman Monday put a thrust on austerity in the context of ongoing global economic recession, increased consumption of locally produced items and avoid excess import of luxury items in a bid to lessen pressure...

Portfolio investment declines on DSE Total turnover goes down by over 16.49pc

2012-01-03 00:00:00

Babul BarmanThe total turnover of portfolio investment on the Dhaka Stock Exchange (DSE) dropped by more than 16.49 per cent in the just concluded year compared to the previous year.According to the data available with the DSE, the total turnover...

Views exchange meeting on light engineering held

2012-01-03 00:00:00

FE ReportA views exchange meeting to identify the existing problems and find out their solutions in light engineering cluster financing and development in Bogra, was organised jointly by Eastern Bank Limited, Islami Bank Bangladesh Limited, BASIC Bank and Bangladesh Bank....

Dhaka stocks end marginally lower

2012-01-03 00:00:00

FE ReportDhaka stocks edged marginally lower Monday amid volatile trading with fall in turnover value, as the investors booked profit at the later part of the trading session.The market analysts said the market fell due mainly to profit taking on...

SIBL achieves significant growth

2012-01-03 00:00:00

Social Islami Bank Limited (SIBL) achieved significant growth in all areas of business in the just concluded calendar year 2011. "Our operating profit jumped to Tk 3.06 billion in the year ended December 31, 2011 against Tk 1.63 billion of...

New president, GS of DU Accounting Alumni

2012-01-03 00:00:00

A 33-member new Executive Committee was elected in the 10th Annual General Meeting of the Dhaka University Accounting Alumni held at University Commerce Faculty recently. Finance Head of Practical Action, Bangladesh S. M. Wahiduzzaman Babur was elected as president and...

Film industry in doldrums

2012-01-03 00:00:00

Ismail HossainBangladesh film industry saw its worst period last year with the lowest number of movies produced during 25 years, as producers showed reluctance to invest in films.According to Bangladesh Film Exhibitors Association, 46 films were released in the calendar...

News Briefing

2012-01-03 00:00:00

YANGON, January 2: Gas prices unexpectedly rose more than 30 percent for the new year in Myanmar and sparked fears of other goods costing more as well. Motorists learned of the increase at the pump Sunday when prices increased from...

ECB bond buys rise to $598 million

2012-01-03 00:00:00

FRANKFURT, January 2: The European Central Bank bought euro462 million ($598 million) in government bonds last week, an increase from the minimal purchases of the week before. The bond buys help keep down the elevated borrowing costs that are putting...

Exxon wins $908m from Venezuela in oil dispute

2012-01-03 00:00:00

CARACAS, Jan 2 (BBC): Oil giant Exxon Mobil has won $908m (£586m) from an arbitration panel after the nationalisation of its Venezuelan oil project in 2007.However, this is less than 10% of what the oil giant had reportedly sought. The...

'Urea fertiliser stock enough to meet Boro season's need'

2012-01-03 00:00:00

Monira MunniThe country has sufficient stock of urea fertiliser to meet the demand of Boro season, officials said.The government will import a total of 0.8 million tonnes of urea fertiliser from Qatar, Saudi Arabia and the United Arab Emirates (UAE)...

Bangladesh's IT sector: Paving the right path

2012-01-03 00:00:00

Sabia SiddiqueBangladesh has been treading the ICT path for a long time. But what is the current situation? What path should the country follow? Outsourcing? Software development? Or an amalgamation of both? What is the need of the local entrepreneurs?...

S Korea's manufacturing shrinks most in 3 years

2012-01-03 00:00:00

SEOUL, Jan 2 (Reuters): South Korea's manufacturing sector shrank the most in nearly three years in December as global demand cooled, a survey showed Monday, but President Lee Myung-bak cited inflation as a bigger risk in a year of big...

'Samsung to focus on new products'

2012-01-03 00:00:00

SEOUL, Jan 2 (AFP): South Korea's Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said today. Lee Kun-Hee, in a New...

Eurozone manufacturing decline persists: PMI survey

2012-01-03 00:00:00

LONDON, Jan 2 (BBC): Activity in the eurozone manufacturing sector fell for the fifth successive month in December, but showed a slight improvement on the previous month, a closely-watched survey suggests.The Markit eurozone manufacturing PMI was 46.9, up from November's...

Maruti sees 7.1pc fall in monthly sales

2012-01-03 00:00:00

MUMBAI, Jan 2 (AFP): India's biggest auto maker Maruti Suzuki today said that its monthly sales for December fell 7.1 per cent year-on-year, as demand for cars weakened due to rising fuel costs and high interest rates. The company, which...

New chairman, vice chairman of Continental Ins

2012-01-03 00:00:00

SM Abu Mohsin and Md Jahangir Hossain have recently been elected chairman and vice-chairman respectively of Continental Insurance Limited (CIL), said a press release.The election was held at the 112th meeting of the board of directors of the company at...

Asian Tiger Capital Partners market update on DSE

2012-01-03 00:00:00

After previous day's uptrend the Benchmark general Index DGEN experienced mild pull back to register loss of slightly more than three tenths of a percent. Operating profit of all the listed/non-listed banks were published in various newspapers and despite some...

Indonesia's inflation eases

2012-01-03 00:00:00

JAKARTA, Jan 2 (Reuters): Indonesia's export growth slowed to its lowest level in 25 months in November, while annual inflation eased in December, reinforcing expectations that the central bank will likely refrain from cutting rates until February. The impact of...

Local recyclers urge govt to stop 'jhut' export

2012-01-03 00:00:00

Jubair HasanThe country's garments and textile wastage ('jhut') exporters are worried over the future of their business, as recycling industry leaders have strongly proposed to stop shipments of these items to protect local industry.The businessmen, proposing to stop export of...

IDB to lend B’desh $2.0b to buy oil

2012-01-03 00:00:00

State-run Bangladesh Petroleum Corporation (BPC) will receive a $2.0 billion loan from the Jeddah-based Islamic Development Bank (IDB) to buy oil on the international market, a senior BPC official said Monday, reports Reuters."IDB has agreed to lend the money for...

Govt to sign $300m loan deal with ADB tomorrow

2012-01-03 00:00:00

The government will sign a loan agreement of $300 million with the Asian Development Bank (ADB) tomorrow (Wednesday) with a view to addressing critical power shortages, reports UNB.ERD Secretary Iqbal Mahmud and Country Director of the ADB Thevakumar Kandiah will...

French auto sales fall two per cent in 2011

2012-01-03 00:00:00

PARIS, Jan 2 (AFP): French vehicle sales suffered a two percent drop last year and a dramatic 18 per cent fall in December, the CCFA automakers' association said Monday, as the auto sector heads into a difficult year.Slightly more than...

India's factory activity jumps to highest since June

2012-01-03 00:00:00

BANGALORE, Dec 02 (Reuters): India's manufacturing activity surged to a six-month high in December thanks to a spike in factory output and new orders from domestic and international firms, a recent survey of purchasing managers showed.The HSBC Markit India Manufacturing...

Silver may remain bullish in 2012

2012-01-03 00:00:00

LONDON, Jan 2 (Commodity Online): Previous year has been a very mixed for Silver investors. By April it was very bullish for silver which rose 61 per cent compared to the closing level in 2010. Silver suffered a setback in...

PCBs focus on farm loans

2012-01-03 00:00:00

Md Mazadul HoqueThe country's private banks have been focusing on farm loans without undermining corporate financing as per the directive of the central bank, bankers said.The banks are shifting their priorities investment to the agri-sector from once-dominant corporate lending to...