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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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:...
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...
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...
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...
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...
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...
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...
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...
Arafat AraThe volatile cotton yarn market is forcing many entrepreneurs to invest in the jute yarn industry as the country's jute and jute goods export reached a new height in recent years. Industry insiders said many entrepreneurs have made changes...
Syful Islam Some 200 apparel factories have been identified as risky since the administration fears that those may fail to pay wages and festival bonus before Eid-ul-Azha causing labour unrest, officials said Sunday. "Unless the dues and festival bonus are...
FE Report Garment workers, protesting killing of one of their co-workers in a road accident, ransacked at least 15 vehicles at Shewrapara in the capital Sunday, police said. The deceased was identified as Rabu Begum (25), a worker of Akik...
A petition has been filed with the High Court urging it to ask the government about its failure to ensure deployment of army in the Narayanganj City Corporation polls. The petition came up for consideration of the vacation bench of...
FE Report Leading businesses and experts suggested Sunday the use of entre-pot and re-export facility as an alternative to transit or transshipment to help grow local entrepreneurship. They expressed the view that the alternative would protect the best interests of...
Siddique Islam The growth of overall deposit with the country's banking system witnessed a rising trend in recent months mainly because of higher inflow of remittances, decreasing net sales of savings certificates and sluggish stock market. Bank deposit increased by...
NARAYANGANJ, Oct 30 (Agencies): Unofficial results of Narayanganj City Corporation (NCC) election show that Mayor candidate Selina Hayat Ivy of Awami League is leading with huge majority over her nearest rival Shamim Osman who was backed by AL central leaders....
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