NEW DELHI, Jan 12 (UNB): Bangladesh eventually agreed to allow the use of Mongla and Chittagong seaports for movement of goods to and from India on both road and rail routes in a swap for transshipment of commodity consignments from...
Shamsul Huq Zahid Many tend to liken a government in this part of the world to a thick-skinned animal called rhinoceros that usually reacts late if anything pinches its skin. Such an assumption, at times, appears to be true, particularly...
M Azizur RahmanThe government might go for immediate import of liquefied natural gas (LNG) through special tankers known as floating, storage and re-gasification units (FSRUs) to assuage the severe gas crisis the country is now facing, officials said Tuesday."We are...
Munima SultanaProspective national and international bidders have shown keen interest in participating in the prequalification bidding of the country's first ever PPP project to construct three elevated expressways in Dhaka, requesting the government to provide articulate data for helping them...
NEW DELHI, Jan 12 (UNB): Prime Minister Sheikh Hasina was awarded Indira Gandhi Prize for Peace, Disarmament and Development for 2009 at a state ceremony here Tuesday, marking her maiden visit to India after her election through Bangladesh's democratic transition....
FE ReportDhaka stocks closed broadly higher Tuesday, pushing the index to soar for the 16th consecutive session -- its longest ever stretch of gains in the Dhaka Stock Exchange.Starting with a positive note but experiencing small ups and downs throughout...
FE ReportThe government is taking steps to do away with private placement as underwriters are obliged to buy unsold shares, said finance minister AMA Muhith in parliament (JS) on Tuesday.The minister was responding to a question of parliament member HM...
FE ReportThe parliamentary standing committee on finance recommended early listing of the three subsidiaries of Investment Corporation of Bangladesh (ICB).The subsidiaries are ICB Capital Management Limited, ICB Asset Management Company Limited and ICB Securities Trading Company Limited."The performance of the...
FE ReportThe distribution of refund warrants worth Tk 5.0 million of four companies has been withheld by an order issued by Securities Exchange Commission (SEC) due to duplication and other mistakes made in the applications, sources said. "Ten per cent...
The government will issue fresh licences of international gateway (IGW) and international connection exchange (ICX) to break the monopoly business existing in the sector. "We will change the policy formulated by the past caretaker government within the next month and...
An alleged criminal was killed in a gunfight between RAB members and a gang at Kachukhet in the capital's Cantonment area Tuesday, RAB sources said. The deceased was identified as Firoz (27), alias Kosai Firoz, who was wanted in a...
NEW DELHI, Jan 12: Prime Minister Sheikh Hasina, now on a state visit to India, expressed the hope that entrepreneurs of the two countries would exploit the seamless opportunities to promote bilateral economic cooperation, report bdnews24.com/UNB. She said that time...
Nazmul AhsanDisbursement of agriculture credit by public and private banks has increased by 26 per cent or Tk 8.72 billion during July-November period of the current fiscal year over that of the same period in the previous fiscal, according to...
THE National Mental Health Institute let it be known recently that 16 per cent of adults aged eighteen and above in Bangladesh suffer from some kind of mental disease. Given the fact that the voting population is 81.0 million (8...
Himadri Rahman A leader of the Bangladesh Chhatra Moitree died the other day at the hands of the Bangladesh Chhatra League activists on the campus of Rajshahi Polytechnic Institute.Campus politics, as it has been for years, is disliked by most...
Salahuddin AhmedTHE burning issue in today's world is climate change. Countries around the globe try various methods to mitigate environmental degradation. 'Go Green' concept is one such method. The existence of our country critically depends on appropriate handling of environmental...
In spite of assurances by the government (through its various spokespersons) and the appeals by those who care about it, poor people in the country continue to suffer due to the cold wave. It is being reported in the media...
It is my hobby to write something for newspapers. Regrettably, those who write for the letters column do not get any remuneration for their write-ups. It is also a matter of regret that some newspapers are indifferent to religion-based write-ups....
THE opposition, which continues to stay away from the session of parliament, has raised several how demands for returning to parliament. What is the logic for staying out of parliament where the elected members make legislations and discuss important issues?...
HONG KONG, Jan 11 (Reuters): Asian stocks hit a 17-month high Monday as a strong rebound in China's exports raised investor optimism about Asia's economies while the dollar suffered its biggest loss in six weeks after poor US jobs data.European...
Our CorrespondentGOPALGANJ, Jan 11: Riverine transportation has been seriously hampered on the country's southern routes, as heavy siltation and emerging shoals in the rivers have disrupted launch services.According to sources, launch services on Dhaka-Khulna and Barisal-Khulna routes via Gopalganj, Takerhat...
KUALA LUMPUR, Jan 11 (Reuters): Malaysia's state oil firm Petronas PETR.UL will award US firm Global Industries a 350-million-ringgit ($104 million) contract in the Southeast Asian country, a newspaper reported Monday.The job is one of five contracts awarded by Petronas.Business...
SHANGHAI, Jan 11 (Reuters): Chinese property developer Shanghai Forte Land Co Ltd is in talks to buy a high-end residential property in Shanghai from Goldman Sachs in a deal worth more than $200 million, two people familiar with the situation...
MUMBAI, Jan 11 (Business Standard): Novartis finally ended with a Rs 21 or 3.6 per cent gain at Rs 590. Around 30,063 shares changed hands at the counter today.Novartis has soared as it has got the patent right for Nilotinib,...
MUMBAI, Jan 11 (Economic Times): Shares of Reliance Industries were under selling pressure Monday after the company raise Rs 35 billion by selling 33 million treasury shares in block deals on the NSE. According to ET Now, the company sold...
MUMBAI, Jan 11 (Economic Times): Benchmarks were witnessing a choppy session with positive bias Monday as investors unwounded long positions ahead of earnings season. Buying activity was seen in broader markets while European markets opened higher. At 2:30 pm, National...
TEHRAN, Jan 11 (Commodity Online): Tehran is awaiting investment decisions from the Qatari National Bank before moving on plans to develop the Esfandiar oil field, executives said. Iranian Offshore Oil Company Director Hossein Jafari said Tehran was waiting for Qatar...
AHMEDABAD, Jan 11 (Commodity Online): Natural gas moved down 3.24 per cent with the breakout level of 255.Natural gas opened at 260.8 and made a low of 252 and day's high of 260.8. Total volumes for the day are 5500...
SINGAPORE, Jan 11 (Commodity Online): Gold prices soared in the initial trading Monday, dismissing the prediction that the yellow metal would suffer a major correction in the coming months. Analysts forecasted that the gold might suffer heavy losses after prices...
SINGAPORE, Jan 11 (Bloomberg): Wheat futures rose to the highest in more than a month, and corn and soybeans gained, as a weaker dollar improved the investment appeal of commodities and higher crude oil prices boosted demand for crops used...
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