Shahariar ZamanFinance ministry Sunday ordered the securities regulator to speed up its efforts to help clear the way for floating of two major state-owned enterprises (SoEs) in the local bourses, officials said.The directive comes after the government was slammed by...
FE ReportFinance Minister AMA Muhith underlined the need for demutualisation of the country's stock exchanges for attaining maturity leading to protection of the interest of general investors."Since the country's capital market is yet to be developed enough, we want to...
The Investigation Agency (IA) is poised to start functioning from today (Monday) to collect material documents and evidences against the perpetrators involved in crime against humanity during the War of Liberation in 1971, reports UNB.However, the commencement of the trial...
The government is receiving additional revenue of Taka 30 million everyday with the BTRC (Bangladesh Tele Regulatory Commission) measures to ban illegal use of VOIP (voice over internet protocol). A report of the Post and Telecommunication Ministry shows that the...
Dockworkers of Chittagong port, who went on an 8-hour work abstention, joined their work at 4pm Sunday, while Clearing and Forwarding (C and F) agents began work abstention in the noon, protesting the attack of dockworkers on some agents. C...
Mahmudur RahmanAs chancellor of universities in Bangladesh President Zillur Rahman has the unenviable role of being positive and moral boosting at the numerous convocation ceremonies that he has to attend. His speeches by and large have focused on the need...
FE ReportThe securities regulator has approved the direct listing of Khulna Power Company Limited (KPCL).At a meeting it also decided to forfeit an amount of 10 per cent from the refund-warrants for duplicate applications in the Initial Public Offering (IPO)...
FE ReportThe country's jute spinners Sunday urged the government to take up short and long-term plans immediately to revive the golden days of the fibre.The plea comes as the natural fibre is currently being sold at all-time high of Tk...
FE ReportMobile telecom operators have urged the government to withdraw tax on SIM (Subscriber Identity Module) card and fix Tk 100 as tax for import of each mobile set from the next fiscal in a bid to accelerate growth of...
FE Report The central bank has relaxed rules allowing state-owned banks to open accounts for farmers with withdrawal vouchers instead of cheque book, officials said Sunday. The Bangladesh Bank (BB) has taken the latest move as the banks are facing...
FE ReportThe trustee of AIMS First Mutual Fund Sunday failed to decide on declaring dividend as it received a legal notice on its bonus and rights declaration rejected by the securities regulator.The legal notice sent by fax to the trustee...
FE ReportThe communication ministry has formed a seven-member committee to scrutinize and evaluate the proposals already submitted by both local and foreign firms to construct Dhaka elevated expressway under the Public-Private Partnership initiative.The committee, styled 'Pre-qualification and Tender Evaluation Committee,'...
THE Bangladeshi workers living and working abroad number about 6.5 million. They sent home some $10.5 billion in remittances in 2009. The amount is more than 10 per cent of the country's gross domestic product (GDP). As such, they are...
Shahiduzzaman KhanLoad-shedding across the country turned out to be severe again in the last few days as power generation was reduced considerably following shutdown of Ashuganj Power Station following a fire, and also because other plants are not being supplied...
Dr Mohammed HossainWORKING in Qatar as an expatriate, I have the understanding that Bangladesh's diplomatic relationship with the Middle East countries lacks professional handling. It does not help us protect our interest or create a good environment for our workers....
SEC issued letter to brokerage houses not to encourage small and medium investors by spreading rumours to do trade. This kind of supervision is really appreciable. From last few weeks trading of DSE and CSE is in a bearish trend....
Projections are that by 2080 Bangladesh's population would double if its current rate of growth persists. How are we going to accommodate so many people in this small country? Hard observers at field levels know it that the official family...
THE issue of clean public toilets recently came to focus in a newspaper report under the caption, 'More public toilets'. The issue was raised by Ms. Selina Akhter, out of her personal experience. It needs to be tackled without delay...
Shihabuddin Mahmud and Tahmina Afroz MomenIn Bangladesh, micro finance by Grameen Bank has set an example how poor women can contribute to income generation and become important in decision making. The huge women population can be used for agro-based industries...
Nezam UddinDIFFERENT economic systems seeks to address the issue of unequal distribution of resources differently. Capitalism depends on market based solution.Socialism values centrally planned economy. The question is: in capitalism can the consumer really change the market? Can they influence...
Abdul WahabTHE government is seen taking measures to keep the farmers motivated towards higher productivity. The slashing down of the prices of urea fertiliser was one of the immediate actions of this government on taking over. Recently, prices of some...
HONG KONG/SHANGHAI, Mar 27 (Reuters): Shares in Hong Kong and China rose Friday, spurred by views that Beijing could delay its rate rise, while the move by the IMF and European nations to help Greece out of its debt woes...
Our CorrespondentNILPHAMARI, Mar 27: Thousands of poultry birds affected by avian influenza viruses in the district were culled last week.Stamping out of 3,000 avian influenza affected poultry birds had been completed in a single farm in Ramnagar Union Parishad of...
MUMBAI, Mar 27 (PTI): Taking a cue from its bigger counterparts like State Bank of India and ICICI Bank, Government-owned lender, Bank of India has tapped the international market to raise $500-million through a bond issue.The bank today said that...
KARACHI, Mar 27 (Business Recorder): The Karachi share market on Friday witnessed mixed trend with the KSE-100 index oscillating between 10,178.96 points intra-day high and 10,109.43 points low due to investors' concerns over the uncertainty on political front. Late buying...
Bangladesh Post Office (BPO) entered into an agreement with Banglalink for providing network support to Electronic Money Transfer Service, said a press release.Additional Director General (Planning) of BPO AKM Shafiur Rahman and Chief Financial Officer of Banglalink Mohammad Osman signed...
NEW YORK, Reuters): Oil prices fell below $80 a barrel Friday after data showed the US. economy grew less than expected last quarter, and a plan to bail out Greece from a fiscal crisis failed to quell concern over fragile...
Continued from page 9Other than RMG, there are plenty of export opportunities for the highly prospective agro-products, leather industries, pharmaceutical industries, ceramic industries, light engineering industries, computer software, electric and electronic products, tea, jute, handicrafts, wooden furniture and products of...
BAGHDAD, Mar 27 (AP): Former Prime Minister Ayad Allawi said Saturday his secular political alliance is open to bringing any of his rivals into a governing coalition that can restore Iraq's place in the Arab and Muslim world after years...
BHUBANESWAR, India, Mar 27 (AFP): India successfully tested two short-range nuclear-capable missiles from two sites off its eastern coast Saturday, a defence ministry official said.India, which tested nuclear weapons in 1998, has developed a series of nuclear and conventional missile...
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