Under a mega plan to bring the country to a zero load-shedding level from present nagging crisis, the government is likely to invite tenders within the current month to set up more than nine power plants having a total capacity...
Officials from Bangladesh Telecommunication Regulatory Commission (BTRC) seized VoIP (Voice over Internet Protocol) materials worth Tk 10 million (1.0 crore) from a house at Paltan in the city Sunday. On a tip-off, the country's telecom regulator, in assistance with law-enforcers,...
Bangladesh Bank (BB) has constituted an inquiry committee to investigate the fire caused by a short circuit at the central bank Tuesday morning, officials said. The fire incident occurred at the 'air handling' room, situated on the 4th floor of...
Nazmul AhsanA Core Committee formed to help digitise the National Board of Revenue (NBR) at an estimated cost of Tk. 1.0 billion has identified a number of challenges and recommended actions to meet the same, official sources said.The committee, headed...
The Executive Committee of the National Economic Council (ECNEC) Tuesday approved Efficient Lighting Initiative (ELI) for Bangladesh scheme aimed at saving some 500-megawatt electricity by June 2011, reports UNB.The ELI for Bangladesh (Part-1 & Part-II) project under the Power Division...
FE ReportThe country's jute mills are facing a drastic shortfall in supply of raw jute this year, which poses a threat to continued production in a number of units, the industry said.Voicing deep concern over the supply scarcity of raw...
Our CorrespondentCHITTAGONG, Feb 02: The RMG exporters today said that Bangladesh is gradually replacing China as a major exporter of cheap readymade garment as the developed countries are yet to recover from the global recession. "The country's RMG sector was...
FE ReportThe demand for kerosene has increased at least 30 per cent in recent weeks following mounting gas crisis in the city and peripheral areas, officials at the Bangladesh Petroleum Corporation (BPC) said Tuesday. The ongoing gas crisis forced many...
FE ReportPrime Minister's Economic Affairs Adviser Dr Mashiur Rahman has said the financial assets of the capital market must be enhanced and the risk of investments should be kept at a tolerable level.The adviser said this in his address as...
The government Tuesday decided to introduce the Open Market Sale (OMS) of rice in six divisional headquarter of the country, reports BSS.The Ministry of Food and Disaster Management at a high-level meeting took the decision that 25 tonnes of rice...
The worst is behind Sri Lanka since May last year when the 26-year civil war in the island nation ended with the total defeat of the Tamil Tigers. But the ethnic and religious divisiveness and bitterness continue to plague the...
Syed Ahsanul AlamDIGITAL Bangladesh does not necessarily mean one man one computer. For the near future neither does it mean 100 per cent computer literacy or Internet connectivity. But it definitely underscores networking all the administrative units in the country....
Prof. Lutfor Rahman The University Grants Commission of Bangladesh in its report recently states that the public and private universities were largely unable to meet the objectives of higher education. Among contributing factors it identified influence of partisan politics on...
A road accident in Faridpur on the dawn of the New Year's Day claimed 18 lives and left many more wounded, all passengers of a bus. A number of dailies could not publish the news in the front pages. Resignation...
It is necessary for the government to regulate drug prices. The companies, under the free market system, may be allowed to go on setting drug prices but they should be clearly warned and obliged to do so-- reasonably and ethically--...
A Bengali daily carried a news, rather a plea, to renovate Katalbaghan kitchen market and narrated the woes of marketgoers there.Well, whoever has ever seen a renovated, spick and span kitchen market anyway? Kitchen markets have through the ages grown...
Tayeb HusainRECENTLY Prime Minister (PM) Sheikh Hasina announced that "the government will introduce religion studies at primary level through the new education policy and raise allowances for the Imams". She further went on to say that "The government will also...
Sayed Javed AhmadBISHWA Ijtema (world congregation or global congregation or meeting) ended last month. It is said that approximately 2.5 million (25 lakh) people attended the programme, which basically is an annual Tablighi jamaat (conveying group), an Islamic movement congregation....
Jorge HeineAS we approached the first anniversary of President Obama's inauguration, all eyes were set on health care reform and its ultimate fate in the Congress. In foreign affairs, the war in Afghanistan held center stage. Less attention had been...
SINGAPORE, Feb 1 (Reuters): Asian stocks fell to three-month lows Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key US economic reports due this week.European shares were also...
TOKYO, Feb 1 (Economic Times): Toyota Motor Corp said it is recalling 2005-2010 model year Avalons and 2009-2010 Sequoia cars in the Middle East to fix faulty accelerator pedals that have led to the recall of a combined 4.4 million...
SAN JOSE, Costa Rica, Feb1 (Reuters) - Telecom equipment maker Alcatel-Lucent said recently it would pay $10 million to settle a corruption case in Costa Rica.Alcatel-Lucent was accused of paying kickbacks to former Costa Rican President Miguel Angel Rodriguez and...
TOKYO, Feb 1 (Reuters): US pharmaceutical giant Pfizer Inc may tie up with one or more generic drug makers in Japan as it targets demand in the growing market, which it plans to enter after 2010, an executive at its...
NEW DELHI, Feb 1 (Economic Times): India's largest car manufacturer Maruti Suzuki Monday reported a 33.3-per cent rise in sales in January at 95,649 vehicles compared to the like month last year. The company exported 14,562 units during the month...
NEW YORK, Feb 1 (Reuters): Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported Sunday, citing people familiar with the matter.Citigroup made the decision to sell the...
CHENNAI, Feb 1 (Economic Times): Hinduja group flagship Ashok Leyland (ALL) posted a spectacular performance in the third quarter ended December 31, 2009, with a 450-per cent jump in net profit at Rs 1.05 billion against Rs 1.09 billion in...
SINGAPORE, Feb 1 (AFP): The Asia-Pacific region has overtaken North America as the world's largest air travel market with 647 million passengers in 2009, the International Air Transport Association (IATA) said Monday. By contrast, 638 million people flew on commercial...
NEW DELHI, Feb 1 (Commodity Online): Indian Prime Minister Dr Manmohan Singh has asked state governments to tackle shortages of essential supplies while promising all possible assistance from the Centre.Addressing the first annual conference of the Chief Secretaries here, he...
ISLAMABAD, Feb 01 (Commodity Online): Pakistan on Sunday announced yet another increase in fuel prices.Country's Oil and Gas Regulatory Authority (OGRA) has announced the new oil prices of petroleum products with increase of Pak Rs 6.10 per litre in petrol...
SINGAPORE, Feb 1 (AFP): Oil prices fell in Asian trade Monday as worries over demand and the global economic recovery weighed on investor minds, analysts said. New York's main futures contract, light sweet crude for delivery in March, was down...
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