The G20 has declared itself 'the premier forum' for global economic and financial issues. But it must still give itself the means to work more effectively. Shouldn't the G20 include new subjects, such as development, on its agenda? Should it...
Under pressure from economic powerhouses China and the United States to put their own house in order, European leaders issued debt-laden Greece with an ultimatum, writes Hui Min Neo of AFP The leaders of the world's most powerful economies meet...
FE Report The poverty rate in Bangladesh has declined considerably from 49 per cent to 31 per cent, as per Human Development Index (HDI) report of the United Nations, in which the country ranks 146th among world's 187 countries. Bangladesh...
No case was filed in connection with Tuesday's murder of Narsingdi Mayor Lokman Hossain as his family apprehends that case against the culprits will endanger their lives. Anwar Hossain, acting officer-in-charge of Narsingdi thana, said no case was filed till...
The Supreme Court (SC) has directed Bangladesh Telecommunication Regulatory Commission (BTRC) to maintain a status quo on the notice for payment of the spectrum assignment fee and Value Added Tax (VAT) by the country's largest telecom operator Grameenphone (GP), reports...
WASHINGTON, Nov 3(AFP): US President Barack Obama has regained the top spot in Forbes magazine's list of the world's most powerful people, edging out Russian Prime Minister Vladimir Putin and last year's winner, Chinese President Hu Jintao, who slipped down...
BERLIN, Nov 2 (AFP): Companies from Russia and China are seen as the worst offenders for paying bribes when doing business abroad, a new report said late this week, while Swiss and Dutch firms are the most honest. Firms from...
A Dhaka court has asked former adviser to the caretaker government (CG) for shipping MA Matin and former secretary of the ministry Sheikh Motahar Hossain to pay Tk 250 million in compensation to the Everest Enterprise, a Chittagong seaport berth...
FE Report A workshop on Exploring the Export and Investment Frontiers for Leather goods and Footwear sector of Bangladesh; jointly organized by Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) and Leather Sector Business Promotion Council (LSBPC) was...
FE Report The necessary preparations to offload the shares of 25 state-owned enterprises (SoEs) will be completed by next month (December) in a bid to boost share supply in the stock market, officials said. Md. Fayekuzzaman, the managing director of...
FE Report Dhaka stocks closed flat Thursday, the last trading day before week long Eid vacation amid extreme volatile trading throughout the session with turnover hitting almost three-year low as institutional investors remained inactive. The market lost almost 40 points...
Nizam Ahmed Indian cattle and goats have begun to largely appear in the country's animal markets, ahead of the Eid-al-Azha, traders and witnesses said on Thursday. They said like seasonal hides and skin vendors in the country many including Indians...
Biman Bangladesh Airlines has resumed its Dhaka-London-Manchester flight with its newly-purchased new generation brand aircraft Boeing 777-300 ER named Palki, reports BSS. Palki arrived with 403 passengers at Hazrat Shahjalal International Airport at 1.20pm Thursday from Manchester, a spokesperson of...
Ms A & A Traveling Bangladesh Limited, a Korean company, will set up a bag manufacturing industry in the Ishwardi Export Processing Zone (EPZ) involving about US$7.55 million. In this connection, an agreement was signed between the Bangladesh Export Processing...
Most of the 24 directors of the executive board of the International Monetary Fund (IMF) have favoured US$1.0 billion loan under extended credit facility (ECF) to help stabilise Bangladesh's foreign exchange reserves, reports bdnews24.com. The executive board on October 28...
Sonia H Moni Around 100 small and medium entrepreneurs of Barisal region will receive spot loans at Bankers- Small and Medium Entrepreneurs Conference -2011 with a view to boosting up the SME sector in the region, said officials. General Manager...
FE ReportThe government Wednesday signed an inter-governmental agreement with Russia for construction of the country's two nuclear power plants to generate 1,000 megawatts (mw) of electricity from each of the plants at Rooppur in Pabna. State Minister for Science and...
Sadiq Ahmed Industrial countries are experiencing protests of a kind usually seen in developing countries where democratic institutions do no work well. In industrial countries citizens typically register their unhappiness by lobbying their constituency representatives and voting them out power...
Shahiduzzaman KhanWith the world population hitting 7.0 billion mark this week, poor countries like Bangladesh are faced with the daunting task of managing a huge number of population being born every year. The country's population was 75 million in 1971,...
Nizam AhmedFresh investment by public and private sectors is essential at the moment to boost the sagging stock market of the country, experts said on Wednesday. They said investment from financial institutions like insurance companies and other fund providers could...
FE ReportFinance Minister AMA Muhith Wednesday defended a provision of the Insurance Act, 2010 that bars directors of insurance companies from becoming directors of banking companies or financial institutions simultaneously. "The provision that bars dual directorship is a rational one...
ISLAMABAD: Pakistan's cabinet unanimously decided Wednesday to grant India Most Favoured Nation (MFN) status to liberalise trade between the two South Asian countries, Pakistan's information minister said, a move that could improve ties between the rivals. "Today after an extensive...
Jasim Uddin Haroon with Pankaj Dastider Steel product makers Wednesday said one day's production loss now comes to Tk 600 million because of staggered gas supply at the country's prime rod manufacturing hub in Chittagong. They said steel makers in...
Syful IslamA portion of the total credit disbursed by the state-owned commercial banks (SCBs) at low rate of interest to the tanners for raw hide purchase during the Eid-ul-Azha every year is not used for the same creating scope for...
Our CorrespondentNARSINGDI, Nov 2: Narsingdi Municipality Mayor Lokman Hossain (42), shot by unknown miscreants in the town, died at about 11 pm Tuesday after being admitted into Dhaka Medical College Hospital (DMCH). Hundreds of people, including leaders and activists of...
Initiatives are underway to review the trial of 1975 jail killings as the nation commemorates the gruesome assassination of four national leaders inside Dhaka Central Jail three months after the August 15, 1975 carnage. "The culprits should be tried and...
The fifth prosecution witness testified Wednesday in the Pilkhana killing case, reports BSS. In presence of Defence lawyers the fifth witness Lt Col Mukim Sarker testified at the makeshift special court set up at a field adjacent to Alia Madrasah...
KHULNA, Nov 2 (UNB): A local leader of ruling Awami League (AL), who was wounded in a gun-attack by miscreants in the city Sunday, died at a hospital in the capital early Wednesday. Gazi Abdul Halim, publicity secretary of Khulna...
FE ReportLabour leaders, experts and newsmen have said the government has been using eight-year old data of child labour in the country to implement various programmes as part of its commitment to eliminate child labour from the country by 2015....
FE ReportBangladesh Inland Water Transport Authority (BIWTA) has intensified its dredging activities for smooth navigation of ferries ahead of Eid-ul-Azha. BIWTA took the special move in September last after several ferries loaded with vehicles had got stranded in mid-river due...
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