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Funds galore in bourses

2010-01-29 00:00:00

FE ReportDhaka stocks continued their rally on Thursday, sparked by relentless flow of fresh funds, taking the benchmark index closer to 5400-mark.Market analysts said the market is witnessing a frenzy in trading by new investors, which is reminiscent of 1996...

Execution of killers proves none is above law: Speaker

2010-01-29 00:00:00

The Jatiya Sangsad (JS) Thursday paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman and expressed profound gratitude to Almighty Allah following the execution of the killers of great leader and members of his family, reports BSS.Bangabandhu...

EU team on frozen foods wraps up visit

2010-01-29 00:00:00

FE ReportThe European Union (EU) mission wrapped up its visit to Bangladesh on Thursday sharing some of its findings with the government.The team mainly focused on "residue and public health control" in the fish processing plants.Officials said the three-member Food...

Controversial road project to be taken up under PPP

2010-01-29 00:00:00

Munima SultanaThe government has taken a fresh step to implement the controversial Road Sector Reform Project (RSRP) through public-private-partnership (PPP), as the World Bank (WB) is sticking to its decision not to fund it.The leading donor of the country's transport...

11th SA Games begins today

2010-01-29 00:00:00

The capital Dhaka is ready to host the eight-nation 11th South Asian Games, known as Olympics of South Asia, begins today (Friday) at the Bangabandhu National Stadium, reports UNB.Prime Minister Sheikh Hasina will formally inaugurate the prestigious 12-day sports meet...

BB revises rule to restrict entry of defaulters to bank boards

2010-01-29 00:00:00

Siddique Islam Bangladesh Bank (BB) has asked the commercial banks to submit declaration mainly on loan status along with Credit Information Bureau (CIB) report while seeking approval on appointment of directors. Under the new provisions, the banks will have to...

Nation relieved of stigma: PM

2010-01-29 00:00:00

Prime Minister Sheikh Hasina said Thursday the rule of law has been established in the country through the execution of the verdict of Bangabandhu Murder Case, reports BSS. The country will march forward on the path of democracy and rule...

Killers buried

2010-01-29 00:00:00

The five convicts executed for the murder of Bangabandhu Sheikh Mujibur Rahman were buried at their respective village homes Thursday, reports bdnews24.com. The Supreme Court on Wednesday dismissed review petitions of the five detained convicts in the Mujib murder case,...

Notice

2010-01-29 00:00:00

This is to inform our valued readers, advertisers and patrons that the domain -- www.fe-bd.com will not be reachable until Saturday as it is being transferred to a dedicated server. However, the domain -- www.the financialexpress-bd.com, will be available as...

Shukrana munajat across country today

2010-01-29 00:00:00

Shukrana munajat will be offered in all mosques across the country after Jum'a prayers today expressing gratitude to the Almighty Allah following the execution of the death sentence of five killers of Bangabandhu Sheikh Munjibur Rahman. The Ministry of Religious...

BNP expels ex-MP Salahuddin

2010-01-29 00:00:00

Dhaka metropolitan BNP leader and former MP Salahuddin Ahmed has been expelled from the party on charges of breaching discipline, a senior party leader said. He was the cooperative affairs secretary of the newly formed central committee. Party chairperson Khaleda...

The compulsions of reality

2010-01-29 00:00:00

Mahmudur RahmanAs part of the cost of doing business in a developing country, business houses often face up to the prospect of "donations" to various organizations and publications. In most cases these 'donations' have very little effect on the bottom...

Obama lists new job creation as his number one priority

2010-01-29 00:00:00

From Fazle Rashid NEW YORK, Jan 28: President Obama made a stirring speech in his first State of the Union address before the joint session of the Congress last evening lifting his own public rating and reasserting with all the...

35 hurt, 10,000 shops closed

2010-01-29 00:00:00

Our CorrespondentCHITTAGONG, Jan 28: Repeated attacks on the retail shoppers by the street vendors left at least 35 people injured and a number of shops vandalised and destroyed in arson attacks in the city's busiest area, only 200 yards off...

Govt probe body formed to repay Jubok depositors

2010-01-29 00:00:00

FE ReportThe government has formed an inquiry commission headed by former Bangladesh Bank (BB) governor Dr Mohammed Farashuddin to reimburse money to depositors of Jubo Karmasangsthan Soceity (Jubok).The commission will estimate how much money the clients 'deposited' with Jubok and...

Ctg port labourers' reinstatement process begins amid opposition

2010-01-29 00:00:00

Jasim Uddin Haroon The Chittagong port authorities has started medical check-up of the axed labourers for reinstating them in their earlier positions, which the berth operators termed a 'threat' to smooth port operations.Around 3,000 port workers including stevedore, merchant and...

Two sentenced to death for killing RU teacher

2010-01-29 00:00:00

Our CorrespondentRAJSHAHI, Jan 28: A court in Rajshahi has ordered two of the accused in Professor Dr. Younus murder case to walk the gallows and a fine of taka five thousand each.The same court also acquitted unconditionally six of the...

$0.68m ADB grant to tackle climate change impact

2010-01-29 00:00:00

FE ReportThe Asian Development Bank (ADB) will disburse $680,000 (0.68 million) grant as technical assistance (TA) to Bangladesh government to tackle the impact of the climate change over the coming decades. Mr Saifuddin Ahmed, joint secretary of the Economic Relations...

IT sector seeks Tk 3b equity funds

2010-01-29 00:00:00

FE ReportLeaders in the Information Technology (IT) sector Thursday asked the government to increase the allocation for the Equity Entrepreneurship Fund (EEF) to Tk. 3.0 billion for the upcoming budget of FY 2010-11. Calling for greater access to IT at...

Higher education: UGC report highlights the negatives

2010-01-29 00:00:00

HIGHER education in Bangladesh continues to be afflicted by a large number of negatives and the overcoming of the same has become crucial to meet the developmental aspirations of the country. The negatives have been highlighted in the recently released...

Boom time for mobile Internet connection

2010-01-29 00:00:00

Shimul BiswasLast year I learnt about CellBazaar (www.cellbazaar.com). It's described as a 'market in your pocket' and in fact it's so fantastic that I'm going to devote this whole article to it.. I really liked CellBazaar when I first saw...

Illusion and reality of education

2010-01-29 00:00:00

Md Masum BillahTHE book, 'Education-Hope, Reality and New Hope', should prove relevant for those who work in the arena of education. At the outset the author does not forget to mention that Bangladesh is lagging behind its neighbours in education....

Taming the market prices

2010-01-29 00:00:00

THE incumbent government started its journey over a year back acutely conscious that it must give the topmost priority to bringing down the high prices of goods. It is now important for it to live up to its commitment made...

Discrimination in education

2010-01-29 00:00:00

There was a time in our country when some feudal lords or well to do merchants dominated and enjoyed life. The differences between the well to do and poor was enormous and so was logically felt. In those days, the...

Entrepreneurship must for higher economic growth

2010-01-29 00:00:00

Muhammad Mahboob AliWHEN the Bangladesh became independent in 1971 entrepreneurship among the local people was limited to only two percent of the total population. It was irony that at that time mostly non-Bengalees were the entrepreneurs. But this part of...

About laws maintaining categorisation of insurance, bank directors

2010-01-29 00:00:00

observerTHE Bangladesh Insurance Association has convinced the Parliamentary Committee on the Ministry of Finance to adopt new election system for the Board of Directors of insurance companies. The Act initially proposed that there should be equal number of seats for...

Asian stocks fight back

2010-01-29 00:00:00

HONG KONG, Jan 28 (Bloomberg): Asian stocks edged up Thursday, ending the recent losses as the traders eyed a rebound in US stocks overnight and upbeat assessment of the economic recovery from the US Fed helped propel some risk aversion...

Agri input support cards ready for distribution

2010-01-29 00:00:00

Our CorrespondentNILPHAMARI, Jan 28: Preparations for distribution of agri inputs support cards (AISC) has been completed in Nilphamari district. One official said, Department of Agricultural Extension (DAE) would distribute 1,20,000 cards in the district and the distribution would begin as...

ASA to disburse Tk 680m loan among Brahmanbaria poor

2010-01-29 00:00:00

Our CorrespondentBRAHMANBARIA, Jan 28: ASA has set a target to disburse Tk 680 million loan among small and medium entrepreneurs (SMEs) and poor farmers in the district from January to June of the current calendar year. The announcement came at...

Walton opens showroom in Cox's Bazar

2010-01-29 00:00:00

Walton, a renowned brand electrical, electronics and automobiles manufacturer, has recently opened its exclusive showroom of Energy Electronics at Bazar Ghata, main road in Cox's Bazar. Renowned film actor and Walton Director Ilias Kanchan inaugurated the showroom, said a press...