President Barack Obama unveiled a stopgap plan on October 24 to ease the bite of the real estate crisis for cash-strapped homeowners while attacking Congress for blocking spending to create more jobs. "These steps aren't a substitute for the bold...
Shafiqul Alam Is elevated expressway accessible to all? No, the elevated corridors are only for the purpose of enabling cars, two wheelers, three wheelers and highway buses to some extent to move at a high speed and not for facilitating...
During British period and later under Pakistan only the government employees were entitled to pension, but the employees of semi-government, public sector corporations and autonomous bodied were debarred from the benefit. After our independence realising the great injustice done to...
I read an interesting article published in the Financial Express on October 24 last and feel obliged to write to you. The dividend yield at current prices is below the interest yield of a risk-free bank deposit. So, there is...
Anu Mahmud The Prime Minister (PM) is on record, as having said that the population of Bangladesh is more an asset than a liability. That was apparently a response in a lighter vein from her side during question-time at the...
Ferdaus Ara Begum Companies Act-1994 governs companies in Bangladesh which is the reproduction of Companies Act 1913. In that respect we have about a hundred-year old act which of course has gone through several reforms throughout a long history. The...
The International Monetary Fund (IMF) is not seeking more funds from Gulf Arab oil exporters to bolster its resources, and the region faces no major danger from the euro zone debt crisis, the IMF's Deputy Managing Director Nemat Shafik said...
The Financial Express (FE) of October 19, 2011 published a report on the recommendations of a premier intelligence agency of our country on how to overcome the present stock market crisis. It was not clear from the FE report if...
Md Gias Uddin Ahammed Conventional banks offer different fixed interest rates on different types of interest-bearing deposits. Islamic banks, on the other hand, provide depositors with provisional profit rate on different types of profits bearing Mudaraba deposit. Provisional profit rate...
David Cameron last Monday suffered his largest parliamentary rebellion since becoming prime minister as 79 Conservative MPs defied their leader to vote in favour of holding a referendum on Britain's European Union (EU) membership. Cameron's government, which is against holding...
Pradeep S Mehta and Abid Suleri Both Pakistan and India are members of the World Trade Organisation (WTO) and also of the South Asia Free Trade Agreement (SAFTA). The WTO agreement requires each member state to grant Most Favoured Nation...
M Mizanur Rahman When a country concentrates on industrialization, energy and infrastructure take a room in its strategic agenda. But for some country, when survival of the people is the major issue and poverty eradication is the major precondition of...
Abdullah A Dewan "Since a politician never believes what he says," Charles de Gaulle once remarked, "he is quite surprised to be taken at his word." Along the same lines, Winston Churchill observed, "Although we expect politicians to lie, we...
FE Report Some 300 buses of Bangladesh Road Transport Corporation (BRTC) will be pressed into service on various routes from November 2 to help the home-bound people to celebrate the Eid ul Azha. Officials said, under the BRTC Eid Service...
Nazmul Ahsan The government may go for a drastic cut in its spending and hike in fuel price and power tariff in a bid to maintaining the country's macro-economic stability that, of late, has come under threat due to soaring...
BERLIN, Oct 24 (BSS): Prime Minister Sheikh Hasina today invited the German entrepreneurs to take advantage of the investment opportunities in Bangladesh, saying the country has offered most liberal foreign direct investment (FDI) regime in South Asia. "Bangladesh allows the...
FHM Humayan Kabir The government could implement only eleven per cent of annual development programme (ADP), in terms of its financial outlay, in the first quarter (Q1) of this fiscal, reflecting a disconcerting picture about the utilisation of the allocated...
M Azizur Rahman The government has decided to award the existing contractor -- China National Import and Export Corporation (CMC) led consortium with XMC - the job of coal extraction and management of the country's lone operational coalmine at Barapukuria...
FE Report The much-talked-about Teesta water-sharing agreement will be signed with India in line with a formula agreed earlier, said Dr Gawhar Rizvi, International Affairs Adviser to Prime Minister Sheikh Hasina, on Monday. "We still hold on to this stance...
FE Report The representatives of Bangladesh Association of Banks (BAB), a platform of the bank owners, sit today (Tuesday) with the securities regulator to hold a discussion on the overall stock market situation, officials have said. The officials of the...
BENGHAZI, Libya, Oct 24 (Agencies): Interim leader Mustafa Abdel Jalil Monday set a two-week target for Libya to have a new government and said a commission of inquiry is being formed to probe Moamer Gaddafi's killing. "We have begun talks...
14 Alam murder convicts exonerated The High Court has cleared eight death sentence convicts and six others of all charges in the 2002 murder of Old Dhaka businessman Mohammad Alam. The sentences of three other death sentence convicts were reduced...
Speakers at a discussion in the city here on Monday alleged that opposition leader Khaleda Zia is intimidating the witnesses to war crime cases to impede the trial process and siding with the war criminals nakedly, reports UNB. They came...
BNP Standing Committee Member Barrister Rafiqul Islam Mia has said the government's move to collect funds from alternative sources for the Padma Bridge project proved its involvement in corruption. The BNP leader said this, while addressing a function at the...
FE Report Finance Minister AMA Muhith Monday in the capital laid emphasis on more concerted efforts of the United Nations (UN) in eradicating poverty as the issue is one of the main threats that are now being faced by the...
Jubair Hasan Dhaka Metropolitan Police (DMP) has stepped up security in banks and other financial institutions to prevent muggings and robberies ahead of Eid-ul-Azha festival. The city police authority took the security measures considering the past experiences of muggings when...
FE Report Leaders of Domestic and International Courier Services Association Monday urged the government to amend 'Courier Services Act-2010 and Law-2011' immediately for carrying on their services smoothly. They said the sector has been turned into an industry in the...
Chief of Naval Staff Vice Admiral ZU Ahmed returned home Monday after attending the 20th symposium held at Newport Naval War College, USA, reports BSS. The symposium titled 'International Sea Power' was arranged under the supervision of US Navy aimed...
Muhammed Aziz Khan, chairman of Summit Group, has been nominated unanimously as the chairman of National Committee of Bangladesh Scouts Foundation (BSF) in a meeting of the National Executive Committee recently, said a press release.
FE Report Faculty of Law of ASA University Bangladesh (ASAUB) has recently organised a debate competition titled 'Lack of awareness is the main cause of road accident'. ASAUB Vice-chancellor attended the programme as the chief guest with its Faculty of...
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