S M JahangirA high-profile committee has recommended resumption of production in the closed state-owned textile mills under public-private partnership (PPP) arrangement instead of disposing those through tender.The recommendation was made at a recent coordination meeting of the committee, formed earlier...
FE ReportThe overall food production in the current fiscal year (FY) may exceed actual production of last fiscal, although it may fall a bit short of the current year's target, according to the latest economic review by Metropolitan Chamber of...
FE ReportFinance Minister AMA Muhith said Thursday the government will formulate a policy for resolving the long-standing problems of the country's sick industries."We will frame a policy to deal with the issues relating to sick industries … We have already...
FE ReportThe government has deferred its planned road shows in New York and Singapore by one month to January next year considering the Christmas and new year vacation but kept the mid-December's London event unchanged.The energy ministry in a meeting...
FE ReportDhaka stocks gained slightly Thursday, led by shares having face value of Tk 10, after dropping on the previous session on price correction. The benchmark DSE General Index (DGEN) closed at 4410.47 with a meagre gain of 6.95 points...
The lone nomination paper for election to the post of chairperson of Bangladesh Nationalist Party (BNP), filed by Khaleda Zia, has been declared valid by the party's election commission, reports bdnews24.com. Commission's returning officer RA Gani, who is also the...
FHM Humayan KabirThe Japanese government has agreed to provide nearly $250 million fund for setting up a 360-megawatt (mw) power station at Bheramara, as it has recently completed negotiations with the government, officials said Thursday.Power and finance ministry officials said...
KUSHTIA, Dec 3: Five people, travelling in a three wheeler, died at the district town Thursday when their vehicle collided with a bus, the police said. The driver of the three wheeler was among the dead, said AKM Farukh Hossain,...
BHOLA, Dec 3: Rescue operations of the Bhola launch tragedy were called off Thursday, with the death toll reaching 85. The search for bodies was halted Wednesday night after the MV Coco-4 partially capsized in the Tentulia River at Lalmohon...
CHITTAGONG, Dec 3: Owner of a restaurant, Monjurul Alam (60), was killed by his customer upon a squabble for Tk 3.00 only in Shulakbahar area in the city Thursday. The police said, Abdul Hakim (55) having dined in Chistia Bhatghar...
FE Report The Asian Development Bank (ADB) is planning to channel around $700 million from two new investment funds to its developing member countries as part of a broad global initiative to help developing countries meet the cost of actions...
Monira MunniThe number of people going abroad with jobs has plunged by 42 per cent in November compared to the same period last year as major labour markets are showing no signs of recovery, officials said Thursday.The Bureau of Manpower,...
Sheikh Shahariar ZamanBangladesh Biman is going to borrow US$117 million syndication loans from local banks for aircraft procurement.Mutual Trust Bank (MTB) is taking part in the pool lending and willing to lend up to $25 million to the national flag...
From Fazle RashidNEW YORK, Dec 03: Ben Bernanke, the US Federal Reserve Chairman who was a Bush nominee and is a key person in the world finance, was set to appear before the Senate Banking Committee Thursday for confirmation in...
GENEVA, Dec 3 (AFP): WTO member states risk missing the 2010 target set by world leaders for reaching a global trade pact after a ministerial meeting made little progress towards ending an impasse plaguing negotiations."For the moment, my sense of...
United Nations Secretary-General Ban Ki-moon has appointed Ameerah Haq of Bangladesh as his special representative for Timor-Leste and head of the United Nations Integrated Mission in Timor-Leste (UNMIT) to succeed Atul Khare of India, reports UNB. She brings to the...
In the news item published in Thursday's issue of the Financial Express under the headline '43 short-listed for CIP status', the designation of Mirza Ali Behrouze Ispahani was inadvertently mentioned as Managing Director (MD) of M.M Ispahani Limited. Actually, he...
Surveys of Dhaka's air quality over the past decades have invariably been coming out with very disturbing data. The latest was the revelation at a seminar last month (21 Nov 2009), organized by the Association of French and Bangladeshi scholars...
Enayet Rasul BhuiyanStudies by donor agencies from time to time have repeated the point that economic growth in Bangladesh is getting shaved off as a consequence of corruption. According to such studies, the country could probably add another 2 to...
Monowar HosseinMORE than 60 per cent of the country's population found two square meals a day difficult to afford in the early seventies. In 1991-92, the people belonging to this category was about 55 per cent. In 1999-2000 it dropped...
US President Barack Obama has to announced his decision about adding as many as 40,000 troops to Afghanistan to the eight-year-old war. To the uninitiated, there are about 110,000 foreign troops, including 68,000 US soldiers, in Afghanistan fighting Afghan freedom...
The prospects of Dhaka becoming one of the top ten cities of the world in terms of population size, should make the people of the country proud of their capital city. But this pride cannot be an unmixed one because...
There is no reason to consider the request of the Amnesty International (AI) to commute the death penalty of the murderers of Bangabandhu and his family members on humanitarian grounds.On November 19, the Appellate Division of the Supreme Court upheld...
Connie HedegaardTHERE are moments in history where the world can choose to go down different paths. The COP15 Climate Conference in Copenhagen is one of those defining moments: We can choose to go down the road towards green prosperity and...
Tarequl Islam MunnaThe United States has called for a compromise at the next month's global climate talks in Copenhagen and vowed to support a fund to help developing countries cope with emissions cuts. "We cannot let the pursuit of perfection...
JETROJapan External Trade Organisation (JETRO), the official trade and investment promotion agency of the Government of Japan, has been conducting surveys regularly on investment-related cost comparisons in major cities of Asia with the objective to provide effective guideline to the...
Md Masum BillahThe US President, Barrack Obama recalled his personal experience and family roots in Asia and conveyed his intention to engage deeply with the region. Whether or not his skills in cultural diplomacy can rebuild the U.S. influence in...
HONG KONG/SHANGHAI, Dec 2 (Reuters): Stocks in Hong Kong and China chalked up a third consecutive session of bargain-hunting gains Wednesday after positive US home sales data restored confidence in a global economic recovery and lifted stocks on Wall Street....
NEW YORK, Dec 2 (Reuters): The Dow Jones industrial average climbed to its highest close in 14 months Tuesday as a weak dollar boosted natural resource companies' shares and economic data reinforced hopes for a sustainable recovery.Sentiment also got a...
HONG KONG, Dec 2 (Reuters): Kohlberg Kravis Roberts & Co and Fubon Financial are among the bidders for Morgan Stanley's stake in Chinese investment bank CICC, people familiar with the matter said Wednesday, in a deal that could be worth...
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