Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at many places over Dhaka, Rajshahi, Barishal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Sunday).Moderately heavy to...
Siddique Islam Bangladesh Bank (BB) has asked all commercial banks to allow discount on accepted bills against letters of credit (LCs) for import aimed at facilitating foreign trade, officials said. The central bank has issued a directive in this connection...
FE ReportBangladesh could earn US$ 1.0 billion within next five years from outsourcing ITES (Information Technology Enabled Services) and exporting software if it could establish itself as an emerging outsourcing destination. Speakers expressed the hope for this lofty goal at...
Khalilur RahmanWednesday's tragic accident at Sayedabad level-crossing in the city which claimed the lives of seven people and left over two dozen others injured once again exposes inherent weakness of traffic management by the concerned authorities. We know that level-crossing...
FE ReportKojima Lyric Garments Ltd, a new high-value Japan-Bangladesh joint venture apparel industry, Saturday formally kicked off its journey.Managing Director of Lyric Garments Ltd Imrul Anwar Liton told the FE: "Japanese company Kojima IRYO Co. Ltd and Bangladeshi company Lyric...
FE Report Eight commercial banks raised interest rates on deposits last month while interest rates on lending remained almost unchanged, officials said. "Some banks may increase the interest rates on deposits slightly in the near future to meet growing demand...
FE ReportSix leading European and US apparel buyers in collaboration with International Finance Corporation (IFC) will assist the local textile manufacturers in improving the techniques of industrial waste management cost-effectively.Indiscriminate disposal of industrial wastes is a major cause of environmental...
FE ReportExperts in a workshop Saturday have underscored the need for an exit policy to make the commercial banks of the country more efficient.Economic Reporters Forum (ERF) and Bangladesh Institute of Bank Management (BIBM) arranged the workshop on 'basic banking,...
FE ReportA DC-10-30 aircraft of state-run Biman Bangladesh Airlines has remained grounded at Jeddah Airport in Saudi Arabia in the past five days due to a major technical problem, Biman official told the FE. Biman's schedule BG035 flight was grounded...
GAIBANDHA, Sept 2 (UNB): Job seekers laid siege to the office of Civil Surgeon and ransacked it in protest against irregularities and corruption in recruitment of 68 people to various posts of the Health Department.The agitated candidates demanded immediate removal...
COX'S BAZAR, Oct 2 (UNB): Two Jubo League cadres were arrested early today for grabbing homestead of a widow after failing to extort money from her.Syed Hossain and Shahedul Karim, both in their early 20s, were picked up from their...
State Minister for Power and Energy Mohammad Enamul Haque Saturday said the government has fixed a target to generate 10 per cent of total electricity from renewable energy by 2020, reports UNB."Use of renewable energy would have to be increased...
Bangladesh Institute of Peace and Security Studies (BIPSS) will hold a five-day international workshop on Counter Terrorism Capacity Building (CTCB) at Dhaka Sheraton Hotel Sunday, reports UNB.The workshop will be the fourth and the last at the national level in...
The final round of the inter-university debating championship titled 'Debate for the Freedom of Mind' was held at East West University (EWU) in the city Thursday, reports BSS.The EWU secured the first position in the Bangla competition while in the...
Amena Khatun, mother-in-law of Mohammad Nazrul Islam Khan, private secretary to the Prime Minister, died at Bangabandhu Sheikh Mujib Medical University (BSMMU) Hospital Friday. She was 95, reports BSS.She had been suffering from old-age complications, family sources said.
Why currency values are so important to us ? It is important for the simple reason or in most cases from the concern of millions and millions of people who are not wheeler-dealers and know no way of doubling, trebling...
Ameer Hamza'Incredible India' is an apt description, often proudly applied to the multi-faceted peninsula, subcontinental India. Unfortunately, this vast land is also home to some of the most inhuman socio-cultural conditions that does no decent man, or woman, proud. For...
Danish Khan'Each one, teach one', one of the most effective schemes to promote education today, was popularised by a woman few remember but who was a pioneer in the field of adult literacy in India. Kulsum Sayani's name might not...
One evening in 1969 I was sitting beside my father's bed. He was then 79 years of age. I had just married a year and a half prior to that. He passed away the following year. He served as District...
Kevin Ong A very much debated topic in the Malaysian economy lately is no other than the liberalisation of ringgit, the Malaysian currency, since the Malaysian government hinted that there is possibility for the liberalization.While many people are looking forward...
Kaniz Fatima WHAT language should get priority in our country: Bangla or English? The language movement was the foundation of Bangladesh's independence. It is said that Bangladeshis are very much emotional about language. So the nation has given priority to...
HAS there been any real, significant successes in the absolute number of people worldwide who have escaped poverty? The United Nations (UN) is otherwise convinced the developing world as a whole remains on track to achieve the poverty reduction target...
FE ReportThe prices of edible oil and onion further shot up last week while prices of most of the essential commodities remained stable in city's kitchen market. Prices of packed edible oil witnessed an upward trend by Tk 7-10 per...
Standard Chartered Bank, Bangladesh (SCB) has opted for exclusive Zoom Ultra service, one of the fastest mobile broadband facilities in Bangladesh from Citycell.A corporate agreement between Citycell and Standard Chartered Bank has been signed in this connection recently, said a...
FE ReportA council meeting of Bangladesh Standards and Testing Institute (BSTI) put emphasis on better quality of industrial products apart from increasing their export to foreign countries.The meeting also demanded of the government to take necessary steps to improve and...
FE ReportSpeakers at a function stressed the need for developing women entrepreneurship in the country and enhancing their skills through various programmes, as now there are a number of organisations providing credit facilities to them.They said women need to be...
Prime Bank Limited, through Prime Bank Foundation, has been playing a pivotal role in the society as a part of its corporate social responsibility.The Foundation has been implementing its education support programme for underprivileged but meritorious students who are pursuing...
A workshop on "Sensitisation Programme to Increase the use of Bio gas as Alternative Source of Energy to resolve the Power Crisis" organised by Infrastructure Development Company Limited (IDCOL), the state run non banking financial institution, in cooperation with GTZ...
Sept 26 - Sept 30, 2010Commercial Bank of CeylonThe local currency, Bangladeshi Taka (BDT), depreciated nearly one per cent last week against the US dollar (USD) due to heavy import covering and declining inflow of remittances. In September, nearly USD...
THE rationale of the contention of Mahmoud Abbas, the president of the Palestinian Authority (PA), that the current US-brokered peace talks between him and Prime Minister Benjamin Netanyahu of Israel and Israeli settlement construction in the West Bank cannot go...
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