Nazmul Ahsan The finance ministers of eight South Asian nations will hold a two day long meeting in Dhaka next month to find out solution to common economic problems in sluggish investment, soaring inflation and to ensure greater flow of...
Police Thursday charged batons and used tear gas shells dispersing demonstrators who tried to lay siege to the Energy Ministry to press for various demands including cancellation of awarding Phulbari coal mine contract to Asia Energy and open pit coal...
Microfinance pioneer Muhammad Yunus is seeking a review of a Supreme Court judgement that upheld his dismissal from his Nobel prize-winning Grameen Bank, his lawyer said on Thursday, reports AFP. Yunus was fired by the central bank on March 2...
Jasim Uddin Haroon Labour unrest in the country's main apparel making belts has registered a fall by nearly 43 per cent in 2011 over the calendar year 2010, according to BGMEA statistics revealed Wednesday. Bangladesh Garment Manufacturers and Exporters Association...
Monira Munni The state-run sugar corporation will produce sugar from sugar beet to meet the growing demand of the item in the country, officials said. Bangladesh Sugar and Food Industries Corporation (BSFIC) has recently launched a pilot project titled 'Development...
Our Correspondent CHITTAGONG, December 29: The annual general meeting (AGM) of Chittagong Chamber of Commerce and Industry for the year 2010-11 was held today at the CCCI conference hall. Chaired by president of the trade body Murshed Murad Ibrahim the...
Ismail Hossain State-owned banks are reluctant to open savings bank accounts of small policy holders with initial amount of Tk 100, alleged life insurers. They said that they have been receiving hundreds of such allegations from the field level that...
Yasir Wardad Seasonal migration has been proved encouraging phenomenon mitigating the consequences of seasonal famine in rural Bangladesh, International Growth Centre (IGC) research revealed. The ongoing study by IGC under the London School of Economics has shown that seasonal migration...
RB Group's winter sale in Jan RB Group's winter sale festival will kick off early next year where the clients will get gift offer worth around Tk 10 million. The Group's public relations and media director Humayun Kabir said, the...
WASHINGTON, Dec 29 (Reuters): US retail sales look poised for a solid finish to the holiday season as consumers hit stores and went online to snap up last-minute gifts, according to data released Wednesday. Still, overall sales growth lagged the...
FRANKFURT, Dec 29 (AFP): The volume of overnight funds held by banks at the European Central Bank (ECB) has declined from the record highs seen earlier this week, official data showed Thursday. Banks put 436.58 billion euros ($564 billion) on...
MADRID, Dec 29 (AFP): Spain's economy shrank in the final quarter of 2011, battered by financial market tensions and a deteriorating global economic outlook, the Bank of Spain said Thursday. The grim report fed widespread fears that Spain has already...
ISLAMABAD, Dec 29 (Reuters): Pakistan's foreign exchange reserves jumped to $16.77 billion in the week ending Dec. 23, compared with $16.66 billion the previous week, the central bank said on Thursday. Reserves held by the State Bank of Pakistan (SBP)...
NEW DELHI, Dec 29 (Reuters): India's annual food inflation eased for a ninth straight week to its lowest in nearly six years in mid-December on improved supplies, bolstering hopes of a cooling in overall inflation that will allow the central...
MUMBAI, Dec 29 (Reuters): State-run Union Bank of India said it has cut base rate by 10 basis points to 10.65 per cent, becoming the first Indian bank to do so this year, signalling interest rates may start softening in...
FE Report Finance Minister A M A Muhith Wednesday said it would be difficult to achieve the projected 7.0 per cent economic growth this fiscal year (FY), considering the country's prevailing economic scenario. Yet, it is achievable if proper investment...
Shahiduzzaman Khan Finance Minister AMA Muhith has, of late, expressed his scepticism over whether the projected gross domestic product (GDP) growth rate at 7.0 per cent would not be achieved or not this fiscal due to what he called high...
Nazmul Ahsan Bangladesh's hope to have duty-free access to the US market is unlikely to be met anytime soon, diplomatic sources said. The much talked-about New Partnership for Trade Development Act (NPTDA) that seeks to duty-free and quota-free access for...
DU Correspondent Combined 83.71 per cent students succeeded in the 2nd Junior School Certificate (JSC) and Junior Dakhil Certificate (JDC) examinations this year, the rate being 10.67 per cent higher than that of the last year. Education Minister Nurul Islam...
Siddique Islam The Islamic money market begins its journey from today (Thursday) aiming to facilitate liquidity management of the Shariah-based Islamic banks and financial institutions, officials said Wednesday. "We've already completed all preparations to start the operation of Islamic Inter-bank...
Syful Islam The insurance regulator has received some 38 unsolicited applications seeking to open new insurance companies, officials said Wednesday. The Insurance Development and Regulatory Authority (IDRA) is taking preparation to seek applications formally soon as the government is interested...
President Zillur Rahman has summoned the 12th session of the 9th Parliament on January 25 next. The participation of the BNP-led opposition MPs, however, seems uncertain as they have been boycotting the House proceedings since March this year. The 11th...
Biman Bangladesh Airlines has decided to suspend its flight on Chittagong- Bangkok route from January 1, 2012. The Biman introduced Dhaka-Chittagong-Bangkok-Chittagong- Dhaka flight with a Boeing-737 aircraft on March 27 this year. In last nine months, the 162-seater plane carried...
BNP acting secretary general Fakhrul Islam Alamgir has questioned if the President himself has taken the initiative of dialogue with political parties or he has been holding the dialogue at the behest of the government, reports UNB. "If he (President)...
The government is set to raise a specially trained police battalion to provide security to the president and the prime minister and other VIPs alongside existing other forces, officials said in the city Wednesday, reports BSS. "The proposed team will...
FE Report Representatives of Municipal Association of Bangladesh (MAB) and Bangladesh Union Parishad Forum (BUPF) Wednesday demanded punishment of the killers of Narsingdi municipality chairman Lokman Hossain and Nalua union parishad chairman of Satkania Nurul Absar, said a release. They...
The 14-party combine led by the Bangladesh Awami League (AL) will bring out a mass procession and hold a rally on the Shikha Chiranton premises of the Suhrawardy Udyan in the city today (Thursday), reports BSS. Ruling AL will organise...
SYLHET, Dec 28 (UNB): BNP-Jama'at panel won the election to the executive committee of Shahjalal University of Science and Technology Officers' Association (SUSTOA) bagging nine out of 11 posts. The election was held at the university club from 10.00 am...
Prime Minister (PM) Sheikh Hasina Wednesday called upon the doctors to render more services to the patients by treating them as family members, reports BSS. "Medicare is not only a profession, it is a noble task . . . you...
It was a remarkable Victory Month for 82 small children who are students of the first online school of the country. Located at Tongi, the two storied eye-catching school building donated by Alliance Holdings Limited is the third branch of...
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