Bangladesh is severely a land scarce country and every bit of its land needs optimum utilisation. Only recently, the government has gone through some motions of framing a land use policy. But its implementation in right earnest is a big...
Jainal Abedin Efficiency is far removed from railway's operations in Bangladesh. The once major transporter of the country is, today, a frail figure compared to its robust past. Mismanagement, corruption and lack of modernisation have led to this state of...
Jasim Uddin Haroon State-run Eastern Refinery officials Monday said it has asked 25 international companies for their detailed proposals on implementing its expansion project worth US$ 1.0 billion. The Chittagong-based Eastern Refinery Limited (ERL) undertook a project to boost its...
The cabinet on Monday ratified a proposal of signing a Framework Agreement on the Promotion and Liberalisation of Trade in Services among the APTA (Asia Pacific Trade Agreement) member states, report agencies. This was ratified at the regular cabinet meeting...
Bangladesh Telecommunication Regulatory Commission (BTRC) is proceeding with its target to launch the country's first-ever satellite into orbit by December 2013, reports UNB. As part of the plan, the BTRC already started tendering process to appoint an international consulting firm...
LONDON, April 04 (BBC on line): Eric, who runs a tourism company in Batam in Indonesia, knows all about having to grease the wheels to get a job done. He says that when he first went into business about seven...
From Fazle RashidNEW YORK, Apr 04: Two of Gaddafi's sons are seeking a resolution to the Libyan political conflict pushing their father to the sidelines. Their proposals include end of Gaddafi rule and creation of a transition team that would...
Shah Alam NurA total of 13,623 Bangladeshi female workers secured employment in Lebanon in 2010, despite sluggish demand in the overseas job market. The demand for women workers in various household activities and hospitality industries has increased in the post-war...
FE Report Exim Bank Ltd has recently inaugurated a new state-of-the-art Data Centre at its Head Office at Gulshan in the city. The inauguration of the Data Centre is in line with the Bank's strategic expansion plans to provide world-class...
FE Report LankaBangla Finance Limited, a leading non-banking financial institution (NBFI) is going to launch new Shariah-based products to broaden its business. "We are going to launch the Islamic shariah-based product on deposit and financing by June next," Mafizuddin Sarker,...
FE Report Dhaka stocks closed higher Monday despite countrywide dawn-to-dusk hartal as investors opted for buying some particular sectors' shares heavily. With the Monday's gain, the Dhaka stocks advanced for the fourth consecutive sessions with major index DGEN gained more...
FE Report The authorities of Mobil Jamuna Lubricants (MJL) and MI Cement have demanded immediate joint meeting with the regulatory body and authorities of stock exchanges to resolve listing issues of the two companies. Azam Z Chowdhury, chairman of MJL,...
Hemant Mishr, Head of Global Markets, South Asia and Co-Head of Wholesale Bank, India for Standard Chartered Bank will arrive in Dhaka today (Tuesday) for a two-day official visit. He will be meeting regulators, clients & senior officials of the...
Mr. Reshadur Rahman, a leading industrialist has been re-elected as the Chairman of the Board of Directors of Dhaka Bank Limited. He is one of the Sponsor Shareholders of Dhaka Bank Limited & Chairman of the Executive Committee of the...
FE ReportSaudi Arabia will resume recruiting Bangladeshi workers, especially domestic workers in four categories, ending a two year embargo on hiring from Bangladesh. The four categories are female domestic workers, house drivers, security guards and gardeners. Female workers will be...
FE ReportThe country's apex trade body Monday requested Malaysian businessmen to invest in ICT, healthcare and tourism to help expand trade between Dhaka and Kula Lumpur. Jashim Uddin, first vice president of Federation of Bangladesh Chambers of Commerce and Industry...
FE Report Bangladeshis working abroad remitted over US$1.0 billion in March this year--- the highest ever monthly inflow following crisis in the Middle East countries, officials said. "Panicky situation in different Middle East countries has pushed up the flow of...
Our CorrespondentCHITTAGONG, Apr 4: Indian High Commissioner to Bangladesh Rajeet Mitter here today said that draft modalities for the use of Chittagong and Mongla ports by India are under discussion. A joint preliminary survey has also been completed for a...
Anwar Ali Khan has been promoted to the post of general manager (GM) of Bangladesh Krishi Bank (BKB) recently. Earlier he was a DGM (Information and Technology Department) of the same bank. Mr Khan started his career as a senior...
Emirates, the airline of choice for Bangladeshis, is offering new Umrah fares to Jeddah and Medina. Dhaka-Dubai-JeddahMedina-Dubai-Dhaka Umrah fare is US$750.00 from March 17 to June 20 and US$890 from June 21 to August 30. Emirates operates its state-of-the-art superjumbo...
TOKYO, April 4 (AFP): Japanese business confidence in the outlook for the next three months has plunged following the March 11 earthquake-tsunami and subsequent nuclear crisis, the Bank of Japan (BoJ) said Monday. The central bank re-released last Friday's quarterly...
As of the end of March, the country's foreign reserves stood at 298.62 billion US dollars, up 950 million dollars from 297.67 billion dollars the previous month, the Bank of Korea (BoK) said in a monthly report. The March reading...
FRANKFURTHANOVER, April 4 (Reuters): Germany has become a net importer of power mainly from France and the Czech republic since its nuclear moratorium, which involves seven old reactors shut for at least three months, utility industry association BDEW said Monday....
LONDON, April 4 (AFP): BP said Monday that it has agreed to sell its ARCO Aluminum unit to a Japanese consortium for $680 million ($421 million) as it seeks to meet the costs of last year's disastrous Gulf of Mexico...
MADRID, April 4 (AFP): The number of Spaniards out of work rose for a third consecutive month in March, up 0.8 per cent from February to 4.33 million, the highest level since records began in 1996, official figures showed Monday....
The TD Securities-Melbourne Institute inflation Gauge, a monthly survey by the investment dealer of TD Securities and the Melbourne Institute of Applied Economic and Social Research, rose 0.6 per cent in March, following a 0.2-per cent rise in February and...
Price of 155 Issues appreciated whereas 94 Issues declined and 8 issues remained unchanged.Events: Steep rise at the first and final hour of the trading session and flat movement at the rest of the trading session posted moderate gain for...
COLOMBO, April 4 (LBO): Sri Lanka plans to have a separate terminal for domestic airline operators at its international airport in Katunayake, north of Colombo, an airports official said. Johanne Jayaratne, executive director of Airports and Aviation Services (Sri Lanka),...
NEW DELHI, April 4 (Reuters): Indian power equipment maker expects order inflows to rise 10 per cent in the new fiscal year that began on April 1, its chairman said Monday. BP Rao also told reporters the company plans to...
HONG KONG, April 4 (Bloomberg): Citigroup Inc may invest as much as $2 billion in its Asian consumer banking unit in the next three years as the US lender overhauls branches and boosts service offerings to the region's growing middle...
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