The hearing on defamation suit filed against former Army chief General Moeen U Ahmed was deferred to May 10, reports UNB.Judge SM Saiful Islam of the Third Joint District Judge's Court fixed the new date Monday following a time petition...
MAGURA, Apr 12 (UNB): Police arrested 30 activists of opposition BNP from different parts of four upazilas of the district in connection with a case filed following an intra-party clash.Police said two groups of BNP clashed over a workers' meeting...
FE ReportMoody's Investors Service has assigned Bangladesh Ba3 rating meaning macroeconomic fundamentals of the country is better and it has less chance to face severe stress on creditworthiness.The rating is more or less similar to the rating of BB- assigned...
FE ReportThe International Monetary Fund (IMF) has projected Bangladesh's GDP (gross domestic product) growth at 5.0 per cent for the current fiscal year against the government's anticipated rate of 6.0 per cent."The IMF's outlook in the fiscal year (FY) 10...
M Azizur RahmanEnergy experts have recommended for implementing multi-pronged strategies simultaneously to ease the unprecedented energy crisis the country is now facing as a consequence of imprudent planning by the authorities for long.The government should work rigorously for ramping up...
FE ReportDhaka stocks fell for the second straight day in a fluctuating market Monday, led by leasing, banking, telecommunications and energy issues.The trading at Dhaka Stock Exchange (DSE) started off on a positive note, with the benchmark index gaining 15...
Jasim Uddin Haroon The board of directors of the Apex Weaving Ltd Monday laid-off the factory with effect from today (Tuesday) due to serious gas crisis. Harun-Ar-Rashid, chairman of the company told the FE, "We've been forced to lay-off our...
FE Report Bangladesh and India should utilise every available opportunity to promote two-way trade, as both the countries are natural markets to each other, Dhaka-based Metropolitan Chamber of Commerce and Industry (MCCI) said Monday. "With the path-breaking and historic visit...
FE ReportInternational Chamber of Commerce-Bangladesh (ICCB) will hold an international conference in the capital today (Tuesday) on 'energy for growth' in a bid to attract foreign investment and exchange information with overseas counterparts.The initiative came in the backdrop of power...
Today’s 24-page issue of the FE includes an eight-page special supplement on ICC Conference on Energy for Growth marking the 15th years of ICC Bangladesh.
Local residents Monday blockaded the city's Badda-Gulshan link-road, demanding nonstop water supply.Police and witnesses said several hundreds protestors with empty jars and pots put barricade on the road at about 6:00pm, disrupting vehicular movements for an hour that caused immense...
FE ReportEconomists at a pre-budget discussion Monday advised the finance minister to impose tax on capital gain of share price and reform the stock market to bring it to international standard.They also recommended that the minister should give maximum importance...
Petrol pump and tank lorry owners and workers on Monday announced that they would go for indefinite shutdown from May 9 if their 13-point demand is not met by the government, reports UNB.Mohammad Nazmul Haque, convener of Petrol Pump and...
Sonia H MoniA local company will launch the country's first natural drink made of Tulsi leaf next month after the beverage has proved to have combated high blood pressure, diabetes, kidney ailments, cough and respiratory problems.Monowara Begum, a village woman...
FE ReportAt least 40 people, including four law enforcers, were injured during a clash between demonstrating garment workers and police members Monday at Savar, outskirts of the capital. The workers staged demonstration to realise their 12-point demand, including wage hike....
A day after the Prime Minister Sheikh Hasina sent her greetings, BNP chairperson and leader of the opposition Khaleda Zia Monday greeted the PM on the occasion of the Bengali New Year 1417, reports UNB.Prime Minister Sheikh Hasina Sunday sent...
The Bangladesh economy has been growing at about six percent annually over the last few years. Of the sources of growth, the most prominent contribution has been from manufacturing; in fact, growth of the manufacturing sector has sometimes been in...
Fidel V. Ramos1. IntroductoryIn mid-1992, I assumed the presidency of a country literally in darkness.A power crisis was shutting down our factories and small shops; and homes in our metro centers were enduring brownouts that lasted for as long as...
R.K. GoenkaOne of India’s leading industrial conglomerates, the Rs 15,000 crore RPG enterprises comprises about twenty companies with CESC occupying the pride of the place. Operating since 1899, CESC is a vertically integrated power company serving the twin cities of...
A S M Alamgir KabirElectricity is an essential ingredient for socio-economic progress and qualitative improvement of people's lifestyle. The power sector is working tirelessly for ensuring reliable power supply commensurate with a rapidly rising demand.Advancement in the power sector in...
Syed Yusuf HossainA new era in regulatory environment of Bangladesh energy sector has been marked by the creation of Bangladesh Energy Regulatory Commission (BER) by Act No. 13 of 2003.The establishment of an independent impartial energy regulatory commission aims to...
Prof. Dr. Md. Hossain MonsurThe current statutory basis for Petrobangla is the Bangladesh Oil, Gas and Mineral Corporation Ordinance, 1985 which reorganised Petrobangla as a statutory corporation to carry out the purposes of the Ordinance. Section-9 of the Ordinance specifies...
ICC is the world business organisation, a representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world.The fundamental mission of ICC is to promote trade and investment across frontiers and help...
Alphons J.A.J.M.G. HennekensTHE Netherlands energy policy is based on the European vision that in 2050 energy should be clean, reliable and affordable. This vision was developed based on the notion that the demand for energy is ever increasing, the associated...
Australia is a world leader in the global mining and energy sector with abundant, high quality, diverse resources, skilled professionals and cutting edge technologies.Australia is the:l Largest exporter of gold, iron ore and black coal in the world.l Global leader...
Dr. Thomas von SchwarzenbergOPEN pit coal mining in Germany has a tradition of more than a hundred years. Thousands of employees have benefited from their jobs in this sector and about 25% of German electricity is presently generated by coal...
ICC Bangladesh, established in 1994, is comprised of major chambers of commerce, business associations, stock exchange, banks, non-banking financial institutions, transnational companies, law and accounting firms and large corporate houses having significant interest in international business.Since its inception, ICC Bangladesh...
GOVERNMENT spending in the public sector or execution of developmental activities generates on a large scale jobs, income and money flow in the economy of Bangladesh. Thus, anything that disrupts or frustrates the process related to calling of tenders or...
Shamsul Huq Zahid Bangladesh is a land where contradictions and dilemmas are aplenty. Very often, solutions to many problems at the local and national levels are kept in abeyance since the same would trigger some other problems. The scarcity of...
Fazle RashidIn a bid to display its military muscle, Pakistan will hold its biggestever military exercise with participation of over 50,000 soldiers in an undisclosed area contiguous to Indian border. A mix of military hardwares from the US, France and...
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