FE Report Westmont Power (Bangladesh) Limited has expressed its grave concern over the repairing works of its 35-megawatt (MW) second power unit and sought immediate interaction from the government in resolving the problem. In a statement issued by Dato Sri...
Syful Islam Bangladesh is unlikely to backtrack from its position on the European Union's (EU) move to offer tariff concession to Pakistani apparel items in their market, a senior trade official said. "We are firm on our position regarding the...
ROME (agencies and web-sites): Italy's premier-designate Mario Monti began talks on Monday to create a new government of non-political experts tasked with overhauling an ailing economy to keep market fears over the country from threatening the existence of the euro....
FE Report Aggrieved investors came out onto the streets again yesterday (Monday) and blocked the busy street in front of the Dhaka Stock Exchange (DSE) for nearly four hours in protest against the unabated fall in share prices. On the...
Leader of the Opposition and BNP Chairperson Khaleda Zia has told visiting UN Secretary General Ban Ki-moon that Bangladesh's democracy is now under threat following the scrapping of the non-party caretaker government (CG) system. The BNP chairperson sought the United...
Our Correspondent CHITTAGONG, Nov 14: A court today ordered warrant of arrest against woman councillor of Chittagong City Corporation Ferdous Begum Munni, also an influential Awami League leader and her husband MA Quaiyum for alleged obstruction to public works. The...
The Transparency International, Bangladesh (TIB) Monday said those who made the Anti-corruption Commission (ACC) controversial during the military-backed caretaker government (CG) should be brought to justice, reports UNB. The corruption watchdog body said the ACC would have to be made...
The war crimes tribunal has said the laws do not provide the judges to remove co-judge Justice Nizamul Huq as petitioned by Jama'at-e-Islami's leader Delwar Hossain Sayedee, reports bdnews24.com. Accused of crimes against humanity and indicted on 20 counts of...
The Awami League (AL) has dismissed as 'mere rumour' claims made by a New York-based Bangal-language news organisation that general secretary Syed Ashraful Islam has resigned his party post and from the cabinet as the local government minister, reports bdnews24.com....
Awami League (AL) Presidium Member Dr Mohiuddin Khan Alamgir has said that the next national elections would be held under an interim government with the participation of all political parties. The AL presidium member said this at a discussion on...
Prime Minister Sheikh Hasina Monday said that the initial thoughts on modalities for the release of 'fast start finance' do not inspire confidence of the Climate Vulnerable Forum (CVF), report UNB. "Initial thoughts on modalities for the release of fast...
The Dhaka Electric Supply Company (DESCO) Monday proposed to raise its retail tariff by 12.18 per cent on an average, reports UNB. At present, DESCO's average retail tariff is Tk 4.35 per unit (each kilowatt hour), which it proposes raising...
Sonia H Moni The government is likely to start the development work of three city canals by the end of this year in a bid to stop waterlogging and saving those from the land grabbers, officials said. "The three city...
Today (Tuesday) is the 40th anniversary of death of Shaheed Dr Azharul Haque and Shaheed Dr Humayun Kabir, according to a press release. On this day, they were brutally killed by Al-Badar members during the War of Liberation in 1971....
Some people put away small amounts of money as savings out of a thinking that the unspent money would buy them goods and services in value in the same or near the same measures like when they had put aside...
Flawed planning, wrong strategy and poor management of infrastructure projects in the energy sector are driving the Bangladesh economy to a possible serious depression. The present government which claimed to have done extensive homework on the energy sector prior to...
In the past decades, substantial progress has been achieved with respect to research on women's work: evaluating the work in monetary terms; explaining the factors behind gender division of labor; and its impact on the status of women in the...
Overheated, the Bangladesh economy has unleashed inflation well above 12 per cent and the central bank had no other option than to intervene in order to contain the soaring rate. In a situation like this the Bangladesh Bank (BB) has...
It may be an overstatement at the moment to say that Dhaka city, with a population of over 13 million and destined to be recognised as one of the mega-cities of the world in terms of population size only a...
As UNESCO -- the specialised agency of the United Nations and the heir of the League of Nations' International Commission on Intellectual Cooperation - now enters the 68th year of its operations, it is worthwhile to take note of its...
Diabetes kills one person in every eight seconds. So it can no longer be ignored. More than 346 million people worldwide have diabetes. This number is likely to more than double by 2030 without intervention. Almost 80 per cent of...
Mamun Rashid Good thing with Bangladesh is, most of its educated or semi-educated citizens are equally interested in politics, relationship with the neighboring country, river treaties, ups and downs in the capital market, Tagore songs and religious affairs. The bad...
M Azizur Rahman Russian oil and gas company Gazprom's revised offer to drill 10 onshore state-owned gas wells in the country is now awaiting energy ministry's approval, a top official said Monday. Gazprom and state-owned Petrobangla concluded negotiation recently over...
Siddique Islam Country's overall import orders dropped significantly in October over the previous month of this calendar year, thanks to a drastic fall in the food grains imports, officials said Monday. Opening of fresh letters of credit (LCs) against imports,...
FHM Humayan Kabir The Jalalabad gas distribution company will give new gas connections to households and commercial establishments in Sylhet defying government's suspension order on new connections across the country, officials said Monday. Energy ministry officials said they want to...
Opposition BNP on Monday threatened to go for a tough movement after its November 15-16 demonstrations if the government does not withdraw its decision on fuel oil price hike, reports UNB. BNP acting secretary general Mirza Fakhrul Islam Alamgir said...
FE Report Dhaka stocks again witnessed sharp decline Monday and DGEN came down to nearly two-year low to dive below 5,000 points level, as investors sold off shares out of panic fearing further debacle in the stock market. The DGEN...
FE Report The securities regulator has expressed its deep concern over the continuous flagging trend of the market and asked the stakeholders to play due roles of institutional investors for the sake of market, officials said. At the same time,...
Our Correspondent CHITTAGONG, November 14: The 6th extraordinary general meeting of the BSRM Steels Ltd concluded today at a community centre in the city. Chairman of the company Alihussain Akbar Ali presided the meeting while managing director Amir Ali Hussain,...
FE Report Wolfgang Erhard Huppenbauer, CEO, Daimler South East Asia, arrives in Dhaka today (November 15) on a 1-day official visit. He is scheduled to meet the senior officials of Rancon Motors Ltd., key client group of Mercedes-Benz in Bangladesh....
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