FE ReportDhaka stocks witnessed sharp rise extending gains for the second straight trading session Tuesday with the benchmark index climbing to a four-week high as the investors used the recent sell-off as a chance to jump back into the market.Bulls...
A Chittagong-bound passenger aircraft operated by private carrier United Airways Tuesday made an emergency landing in Dhaka airport after its pilot detected a technical problem with one of its engines. The twin-engine Canadian Dash-8-100 aircraft left Hazrat Shahjalal International Airport...
Industries Minister Dilip Barua said Tuesday the government is going to set up a special industrial zone at Gopalganj to boost up its industrial potentiality. — FE Report
US Deputy Secretary of State James B Steinberg arrives in the city tomorrow (Thursday) on a two-day visit to Bangladesh. "He is the top-ranking official of President Barack Obama's administration to visit Bangladesh," a foreign ministry spokesperson said Tuesday. —...
Piles of clothing are sitting in the country's main airport with about 350,000 kilograms of its key garment exports stuck in limbo, as the Asian business, including Bangladesh, counts the cost of Europe's air chaos, reports AFP."The garments were already...
Our CorrespondentCHITTAGONG, Apr 20: Inclement weather and high waves in the Bay compelled suspension of operational activities in the maritime port of Chittagong as no ship could enter the port since Monday evening until this evening, port officials said.The port...
FE ReportThe government has to spend Tk13.52 billion in excess for setting up 300-megawatt capacity two power plants due to delay in implementation of the project taken up nearly a decade ago, officials said Tuesday.Planning commission said the government will...
FE ReportThe government will start buying a kilogramme of Boro rice at Tk 25 and paddy at Tk 17 from May as part of its move to ensure food security, the food minister said Tuesday."Our target is to help the...
FE ReportThe off-duty second officer of Bangsal police station was shot dead at Dholaikhal in the capital after he challenged three young men for their suspicious movement early Tuesday morning.Sub-Inspector Gautam Roy (42) challenged three armed criminals in the Dholaikhal...
FE ReportSpeakers at a roundtable Tuesday said proper utilisation of domestic coal for electricity generation can be a good option as the government plans to create a load shedding-free Bangladesh by 2012.They made the remarks at the roundtable titled "Load...
FE Report The Privatisation Commission (PC) Chairman, Mirza Abdul Jalil, Tuesday said divestment of state-owned enterprises (SoEs) would continue despite opposition from a number of ministers."Mr Latif Siddiqui and others were speaking against privatisation of SoEs. But I think these...
DECISIONS can go wrong. Even governments of the developed nations never claim that they are always right in their decision-making. The recent global financial turmoil was the product of wrong decision-making by a few globally renowned financial institutions and also...
Moazzem HossainAttracting investment is Bangladesh's major economic challenge today. This is an opportune moment for Bangladesh to take effective actions for investment promotion. Two global rating agencies have made a positive assessment of the country's overall economic situation. At this...
K. AhmedTHE country is suffering from a serious energy crisis. This has been the case for past several years in a row. Notwithstanding this, no tangible progress is yet in sight about the success of much-touted claims about governmental efforts...
THE ruling Awami League promised in its 'Charter of Change' during the last election said that it would enact a National Employment Scheme under which one from each of the totally unemployed families would find employment. The incumbent government should...
It seems Bangladesh is earning a lot of 'good certificates' these days instead of the usual depressing images that used to, rightly or wrongly, capture the media's attention. If certificates matter, then we ought to be happy, specially when coming...
Maswood Alam KhanSLAVERY in its traditional sense is almost non-existent today though sounds of emancipation of slaves are still heard from closed societies at different corners of the world. Slavery has been around since ancient times and it has gradually...
Vinod Thomas and Ronald S. ParkerThe task of providing decent water where needed is becoming increasingly difficult all across the world. Countries have in recent decades been making investments in infrastructure designed to alleviate water shortages. But the response has...
Lucio N Tabing The community radio movement in Bangladesh has started on the right foot though it may find itself balancing on a narrow plank. The Bangladesh Ministry of Information, in collaboration with various stakeholders, has put together a set...
TOKYO, Apr 19 (Reuters): Japan's Nikkei average slid 1.7 per cent and hit a three-week low Monday, as investors booked profits on worries that fraud charges against Goldman Sachs may increase the likelihood of tighter US financial regulation.Market players said...
MUMBAI, Apr 19 (Economic Times): Benchmarks were off intraday lows but still in the red as fraud charges against Goldman Sach hurt sentiments. All the sectoral indices were in the red with metals, realty and oil and gas worst hit....
LONDON, Apr 19 (Reuters): European shares fell in early trade Monday, with banks extending declines from Friday, when Goldman Sachs was charged with fraud, and airlines sliding as flying restrictions persisted. At 0704 GMT, the FTSEurofirst 300 index of top...
KARACHI, Apr 19 (Business Recorder): The Karachi share market witnessed positive trend and KSE-100 index gained 72.75 points during the week ended on April 18. The KSE index closed at 10,659.21 points from 10586.46 points. Average daily volume increased to...
MUMBAI, Apr 19 (Economic Times): Banking stocks are always at the forefront of the rally. This is because banking companies tend to grow at a higher rate than the corporate sector in Indian context. And therefore, whenever optimism returns to...
LONDON, April 19 (Bloomberg): Crude oil fell for a third day after the Securities and Exchange Commission sued Goldman Sachs Group Inc., while a stronger dollar damped the appeal of commodities for hedging inflation.Oil declined as the disruption of European...
BRUSSELS, Apr 19 (AFP): A senior US official warned Monday of potentially serious damage to military jets from volcanic ash after a buildup of glass was found in the engine of a NATO fighter plane in Europe."This is a very,...
BANGKOK, Apr 19 (AFP): Thai security forces swooped on central Bangkok Monday wielding weapons and razor wire to block "Red Shirt" protesters from taking their anti-government campaign to the capital's financial hub.Thousands of military and riot police, many of them...
JAKARTA, Apr 19 (AFP): Indonesia's Constitutional Court Monday rejected a petition by moderate Muslims, minorities and rights groups against a 1965 blasphemy law, in a ruling seen as a test of the country's pluralism.The court ruled that the law was...
BAGHDAD, Apr 19 (AFP): The result of Iraq's election was thrown wide open Monday when a judicial panel ordered that ballots cast in Baghdad be manually recounted in a surprise move that could affect who leads the country.The decision came...
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