Following is the text of the communique issued by finance ministers and central bankers of the Group of 20 major economies after a meeting in Paris on Saturday. 1. We, the G-20 Finance Ministers and Central Bank Governors, met at...
Md Shariful Islam The case for climate debt begins like most discussions of climate change: with the science. Before the Industrial Revolution, the density of carbon dioxide in the atmosphere - the key cause of global warming-was about 280 parts...
The arrest of two men with bundles of counterfeit Bangladeshi currencies along with the machines, tools and chemicals from a residential house in the city's Mohammadpur area points to the fact that here is a problem that refuses to go...
Abdul Bayes The moment many countries of the world, including Bangladesh, were busy in observing the World Food Day, the agricultural economists of Asia were busy searching for the sources of food insecurity in Asia. It was in a conference...
Dhaka, Chitttagong and Khulna are the major industrial hubs and there is hardly any such concentration of manufacturers anywhere else in the country. Such areas do not offer any scope for industrial employment. This is a disconcerting situation because further...
No longer can it be said that non-communicable diseases like diabetes and cardiovascular disease, and risk factors like hypertension, high cholesterol, and obesity are seen only among the rich in Bangladesh. The effects of globalisation and urbanisation may be some...
ABCD stands for 'Always Bangladesh Cricket Debacle.' This sums up the awful rout of the Bangladesh cricket team in the second ODI against West Indies. Imagine batting first and scoring 'one' run for 'three' wickets that too in ten balls!...
Ahmed Showkat Masud At the time of high inflation, investors in the capital market will expect a higher return on their investment so that such return would be able to match the real rate of interest of the economy. If...
Md. Rezaya Rabbi Prices of securities in stock market fluctuate daily on account of continuous buying and selling. Every investor wants to buy securities at a low price and sell them at a high price so as to set a...
A K M Nozmul Haque and Sadia Parvin concluding their two-part article Private sector now shares 53 per cent of the current power generation. These are a few successful examples of what the private sector in Bangladesh can do, even...
Forhad Mohammed Masum Whenever the world faces crisis, everybody looks for another Keynes. This is despite the strong denial coming from monetarists. It is almost a biblical truth that John Maynard Keynes gave a great recovery for the world economy...
The Anticorrpution Commission (ACC) has assigned one of its senior officials to investigate corruption charges levelled by World Bank in Padma bridge project, reports bdnews24.com. ACC deputy director Jainul Abedin Shibli was handed the task at a meeting of the...
Prime Minister Sheikh Hasina has said that the government would create a fund for the infrastructural development of the country, reports UNB. She made the disclosure when outgoing High Commissioner of Singapore Verghese Mathews called on her at her official...
The High Court has asked the government for information about what steps its is taking to free 500 Bangladeshis jailed in Saudi Arabia, reports bdnews24.com. The bench of justices Mohammad Bazlur Rahman and M Enayetur Rahim Monday also wanted to...
NEW YORK, Oct 17 (Reuters): Global stocks wavered and the euro fell on Monday after Germany dashed expectations of a breakthrough to the euro zone debt crisis at a highly anticipated weekend summit of the European Union. While German Finance...
FE Report Stock investors continued their fast-unto-death strike for the second consecutive day Monday in the front of the National Press Club after the police dispersed them in the morning from their original venue at the Dhaka Stock Exchange (DSE)...
Opposition leader Khaleda Zia will launch the second road march towards Chapainawabganj today (Tuesday) to mobilise public support in favour of their demand for holding the next general election under a caretaker government - reports UNB.The ruling Awami League-led Grand...
Siddique Islam The Association of Bankers, Bangladesh (ABB) will urge its member banks to invest fresh funds in stock market after fulfilling the central bank's requirements. "We'll meet within this week in this connection," ABB Chairman K Mahmood Sattar told...
FHM Humayan Kabir The Planning Commission (PC) has set October 31 as the deadline for formulating action and procurement plans of the ongoing projects under the development budget, by all ministries, officials said Monday. The deadline is meant for streamlining...
Syful Islam The government will review the foreign-aided projects that are included in the annual development programme (ADP) for implementation in fiscal year (FY) 2011-12, officials said Monday. Representatives from the 29 donor organisations and 48 secretaries of the government...
FE Report Dhaka stocks advanced Monday marginally with the lowest turnover, in value terms, in nine months amid hunger strike being observed by the aggrieved investors demanding restoration of normalcy in the stock market. Investors and traders said the day's...
Mr M Anis Ud Dowla of ACI Formulations Limited and Mr MA Khair of Blessing Agrovet Industries Limited have been elected chairman and secretary general respectively of Bangladesh Crop Protection Association (BCPA). They were elected at the 31st annual general...
FE Report Mobile telecom operator Robi Axiata Limited signed a tripartite agreement Monday with Local Government Division of Ministry of LGRD and 'Support to Digital Bangladesh a programme of Prime Minister's Office, to provide feasible mobile integrated services. Chief Marketing...
FE Reports Prime Bank Limited Monday launched a Road Show for showcasing different deposit products and services of the Bank to procure more low cost funds for the Bank. Managing Director of the Bank Md. Ehsan Khasru inaugurated the Road...
FE Report A workshop titled "CIB Online, SBS Returns and Reporting for SME Financing in PIBS" was held in the Pubali Bank Head Office organised by Information Technology Division recently. Managing Director of Pubali Bank Helal Ahmed Chowdhury was present...
Md Mazadul Hoque Private banks are racing to introduce 'school banking' as they seek to tap new growth path and foster savings tendency among students, bankers said. The students will get a host of facilities such as waivers of fees...
FE Report Finance Minister AMA Muhith Monday said the government would appoint for the first time a chief executive for public-private partnership (PPP) cell within this month to expedite activities PPP. "We've interviewed prospective candidates. We're expecting to finalise appointment...
FE Report The telecom regulator Monday asked the four mobile operators of the country to submit their 2nd Generation (2G) licence renewal fees within 15 days of the notification. The regulatory body gave the direction after evaluating the applications of...
FE Report Communications Minister Syed Abul Hossain Monday said that there was "nothing wrong" or corruption in the bidding process of the Padma Bridge project. "Everything was done with highest integrity in the bidding process of the Padma Bridge and...
Monira Munni Severe gas and electricity crises along with the EU economic meltdown have slowed down the country's merchandised shipment in recent times, exporters opined Monday. Their cost of production is increasing due to the severe gas and electricity crises....
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