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Country's roads unfit for heavy vehicular traffic movement: CPD

2011-11-01 00:00:00

Jasim Uddin HaroonCondition of roads in Bangladesh is unfit for the movement of heavy vehicular traffic, particularly the vehicles coming from India, Nepal and Bhutan, a local think tank said. Centre for Policy Dialogue (CPD) noted this in its recommendations...

Over 0.1m BD pilgrims reachSaudi Arabia to perform Hajj

2011-11-01 00:00:00

FE ReportThis year 101,210 pilgrims reached Saudi Arabia to perform holy Hajj through government and non-government agencies, President of Hajj Agencies Association of Bangladesh (HAAB) Jamal Uddin Ahmed said at a press conference Monday. He said this year the Saudi...

Law enforcers step up security in garment units ahead of Eid

2011-11-01 00:00:00

Jubair HasanThe law-enforcement agencies have kept their close eyes on the garment factories which are not members of the country's two apparel bodies - BGMEA and BKMEA - amid concerns from manufacturers and union leaders. Special attention of the law...

JSC, JDC exams from today

2011-11-01 00:00:00

The examinations of Junior School Certificate (JSC) and Junior Dakhil Certificate (JDC) begins across the country today (Tuesday), reports UNB. A total of 1,861,113 students, including 323,691 from Madrasah, will sit for the examinations in 2,009 examination centres under the...

Blood required

2011-11-01 00:00:00

A minor boy named Nayeem is suffering from AML M3 Leukemia, commonly known as blood cancer. He needs B negative blood urgently for treatment, says a press release. Those who can donate B negative blood are requested to contact on...

Women in Asia still trail men in planning for retirement

2011-11-01 00:00:00

Iftekhar HasanMen are taking the lead in decision-making across most aspects of financial planning, according to a latest report by HSBC: "The Future of Retirement: Why family matters". Conducted by Cicero Consulting across over 17,000 people in 17 countries, the...

Black money in Bangladesh

2011-11-01 00:00:00

Muhammad Abdul Baset­The issue of black money has been whipping up strong debates frequently in recent years. This is quite natural, given the fact that the size of the black money is huge and the holders of the same do...

Japan intervenes to tame soaring yen ahead of G20

2011-11-01 00:00:00

Tetsushi Kajimoto and Antoni Slodkowski of ReutersJapan sold the yen for the second time in less than three months after it hit another record high against the dollar on Monday, saying it intervened to counter speculative moves that were hurting...

Air pollution needs attention

2011-11-01 00:00:00

The dry months in the cities can very well be dubbed the cruelest, given the fact that the burden of air-borne pollutants becomes heavier, as is palpable now, together with the incidence of increased respiratory diseases among young and old....

Mothers and Malnutrition

2011-11-01 00:00:00

Abdul BayesIn general, access to food is being considered as an insurance against food insecurity. Besides availability, entitlements have also captured attention. But food is not 'feeding', and hence, despite availability and entitlements, malnourishment could prevail to debilitate children's physical...

Cheers and fears as world population hits 7 bln

2011-11-01 00:00:00

Jason Gutierrez of AFPAsia welcomed the world's first symbolic "seven billionth" baby on Monday, but celebrations were tempered by worries over the strain that humanity's population explosion is putting on a fragile planet. The United Nations says that by its...

Climate change, our activities and vulnerability of Dhaka

2011-11-01 00:00:00

Shafiqul Alam Bangladesh is likely to be one of the worst sufferers due to climate change -- an apprehension that grips many. According to a recent global survey, based on factors such as over-population, poor governance, corruption, poverty and other...

Internet Banking: Be aware of phishing!

2011-11-01 00:00:00

Md Nurul Islam SohelIn developed countries, many, if not most, banking transactions can and do take place on the internet. Most internationally recognised banks provide an internet banking service and there are also some internet-only banking companies who offer all...

Financial inclusion through digital inclusion: Changes and challenges for banking system in Bangladesh

2011-11-01 00:00:00

Sheikh Abu Taher"Financial Inclusion" and "Digital Inclusion" -- two common words -- have frequently been used in today's digital economy. While the former defines as the accessibility of appropriate financial services in order to manage money effectively, regardless of income...

If dreams were for real

2011-11-01 00:00:00

Shamsher ChowdhuryWaking up from sleep in the morning, this writer saw the other day that there were only a few pedestrians passing by the front of our apartment building. There were only a few vehicles on the street running from...

Shamim Osman congratulates Ivy, withdraws vote rigging allegations

2011-11-01 00:00:00

NARAYANGANJ, Oct 31 (UNB): In a surprise move unusual for the present-day politicos, Shamim Osman today retracted his allegations of vote rigging and biased administration during Sunday's Narayanganj City polls and said polling was fair, neutral. Conceding the defeat at...

aInfrastructure financing in Bangladesh

2011-11-01 00:00:00

Mamun RashidPadma bridge financing debacle seemed to have impacted almost every concern in this country. I received a late night call from a close friend of my cadet college days, who has nothing to do with economics or business. He...

Govt waiting forWB reply overPadma Bridgefunding: Muhith

2011-11-01 00:00:00

The government is waiting for a reply from the World Bank (WB) over Padma bridge corruption charges, the finance minister has said, reports bdnews24.com. "The government will make a decision after getting the reply," A M A Muhith told the...

Banks in Dhaka, Ctg to remain open Friday

2011-11-01 00:00:00

FE Report The central bank has allowed keeping open the branches of commercial banks at different places in Dhaka and Chittagong on November 4 (Friday) to facilitate paying wages of readymade garment (RMG) workers ahead of the Eid-ul-Azha festival. The...

Re-rolling, steel millers protest gas staggering

2011-11-01 00:00:00

Our CorrespondentCHITTAGONG, Oct 31: Re-rolling and steel millers around Chittagong today staged demonstration against the holiday staggering of gas compelling full shut-down in the mills for four days a week. Owners, workers, employees and officials of each mill stood in...

Dhaka stocks continue to fall

2011-11-01 00:00:00

FE ReportDhaka stocks continued its losing streak for the fourth straight session Monday amid street protest by a section of investors with turnover declined further as institutional investors remained inactive in the market. Market insiders said massive sell-off, following negative...

New AMD of City Bank

2011-11-01 00:00:00

Faruq Moinuddin recently joined City Bank as Additional Managing Director and Chief Risk Officer. Prior to joining City Bank, he was DMD of Mercantile Bank. After completing Masters in Economics from Dhaka University he started his career with AB Bank...

Cos to hold EGMboard meet

2011-11-01 00:00:00

AB Bank: The extraordinary general meeting (EGM) of AB Bank Limited will be held on November 24, 2011 at 10:00am at Bashundhara Convention Centre-2, Baridhara, Dhaka. Other information relating to the EGM will remain unchanged as announced earlier. Al-Haj Textile:...

New benchmark index proposed from Jan 1

2011-11-01 00:00:00

FE ReportA committee formed to make recommendations on index calculation has suggested the securities regulator to launch a new benchmark DSE index under free float method at the prime bourse, officials said. The committee headed by ATM Tariquzzaman, an executive...

Mobile operators pay 2G licence renewal fees

2011-11-01 00:00:00

FE ReportFour mobile operators paid their 2nd generation (2G) licence renewal fees Monday without the disputed amount that will be settled by the court. Vice-Chairman of Bangladesh Telecommunication Regulatory Commission (BTRC) Giashuddin Ahmed told the FE that the commission received...

EGM of Mercantile Bank held

2011-11-01 00:00:00

FE ReportThe "7th Extra-ordinary General Meeting (EGM)" of Mercantile Bank Limited was held in the city Monday. Chairman of the bank Md. Abdul Jalil, MP, presided over the meeting. In presence of the shareholders, it was resolved that the face...

Govt meets spice traders todayto avert price hike before Eid

2011-11-01 00:00:00

Talha Bin Habib The government will hold a meeting today (Tuesday) with spice traders to avert sudden price hike of onion, garlic, ginger and turmeric ahead of the Eid-ul-Azha, officials said. The meeting will be held at the conference room...

BGMEA Help Desk opens in Ctg port

2011-11-01 00:00:00

Move to offer instant solutions to RMG exportersCHITTAGONG, Oct 31: The Chittagong Port Authority (CPA) today launched a BGMEA Help Desk in the port to provide more services and instant solutions to problems regarding export of readymade garments (RMG). Port...

New EPB vice-chair takes over

2011-11-01 00:00:00

FE ReportMujibur Rahman Howlader, an additional secretary to the government of Bangladesh, assumed responsibilities of the Export Promotion Bureau (EPB) as its vice-chairman on October 25, 2011, said a statement. As per charter of duties Mr Howlader would be responsible...

The simple bare necessity of confidence

2011-10-31 00:00:00

Mahmudur Rahman The word 'confidence' is doing the rounds these days as the share market woes continue. It is in some ways a difficult one to define. To the small investor it's a simple case of money coming in to...