The cabinet purchase committee Thursday approved a proposal on import of 30,000 tonnes of wheat and 50,000 tonnes of urea fertiliser at a cost of about Tk 1.69 billion, reports bdnews24.com. The committee in its meeting, chaired by Finance Minister...
Dhaka District and Sessions Judge will issue death warrants on January 3, the very day the subordinate court reopens, against all the twelve condemned convicts in the Bangabandhu murder case, reports UNB.Law Minister Shafique Ahmed disclosed the decision on the...
From Fazle RashidNEW YORK, Dec 31: It was a decade of mixed fortunes for the stock markets around the world. Broad American market lost about a fifth of its value in the last ten years but for emerging markets like...
WHAT the newly appointed Chief Justice observed in an interview with the media recently is full of significance. The Chief Justice appointee will have only a short stint in power. He would be eligible for retirement in due course soon...
Enayet Rasul BhuiyanIndeed, modern cities round the world have their tremendous attraction for rural people. Third or fourth generation of city dwellers, tired of city life and wanting a retreat to the quiet of the countryside, may chose a sojourn...
Enamul HaqueMONEY, depreciated by inflation buys less of goods and services. Inflation also erodes the value of savings which is important to people keen to make both ends meet. Odrinary people who cannot increase their earnings, have obvious concern about...
BY smashing illegal hundi rackets, Bangladesh can increase the receipts of foreign currency remitted by its work-force abroad. A clamp down to break up illegal hundi channels would automatically encourage the workers abroad to send their remittance through official channels....
IT is really a matter of surprise that if one now invents a thing, one is called 'Modernist'. But I would like to ask: Who is more modern or modernist than our greatest and dearest Nabi Muhammad (SM)? Is there...
The article "Creation of digital Bangladesh" was published in the FE on December 29, 2008, the day the parliament election was held in Bangladesh. We are going to pass one year. Have we progressed any way in making Bangladesh digital?...
Bangladesh should reduce its dependence on foreign aid and implement development projects with domestic resources. Foreign assistance can be taken only when a project cannot be implemented with its own resources. The government has sought foreign assistance for the Padma...
Shamsher ChowdhuryBangladesh needs people who can think big and think hard. Bangladesh needs people who talk less and work more. We need people who are capable of rejoicing at the success of others. We need people who stick to their...
Javed bin KamalINVESTMENT banking as a career is highly attractive. Joining investment banking after completing an MBA has a long-term effect on the career of a young graduate. The probability of his staying in investment banking is significantly higher than...
Kinjal Dagli-Shah"Movies like 'Slumdog Millionaire' and TV shows like 'So You Think You Can Dance' helped Hindi cinema get mainstream attention. And Bollywood's traditional and modern styles of dance combined with the Western influences of Hip Hop, Jazz, Latin and...
Merle David Kellerhals Jr.Direct investment in Ireland by the United States last year totalled $146 billion, which was more than double the total US investment in Russia, India and China combined, at $71 billion, Under Secretary of State Robert Hormats...
BAUCHI, Nigeria, 30 (AFP): At least 70 people died in violent clashes between security forces and Islamists in the northern Nigeria city of Bauchi, according to a hospital morgue body count Wednesday.The clashes erupted Monday between suspected members of an...
BEIJING, Dec 30 (Reuters): A Chinese rear admiral has urged the nation to set up navy supply bases overseas in an interview posted on the ministry of defence website after China paid ransom to free a ship held for nine...
SEOUL, Dec 30 (Reuters): North Korea has been taking equipment left at a nuclear reactor site that was mothballed when an international consortium halted work on grounds the communist state was breaking an agreement, a news report said Wednesday.If the...
RAMADI, Iraq, Dec 30 (AFP): Eighteen people were killed and 35 wounded, including the governor of Anbar province, in two attacks in the western Iraqi city of Ramadi Wednesday, the city's mortuary said.The first attack struck near a security checkpoint...
Britain-China ties tense after executionLONDON, Dec 30: Britain called in China's ambassador to vent its fury at the "unacceptable" execution of a mentally ill Briton, as the affair triggered a sharp chill between London and Beijing. Prime Minister Gordon Brown...
TOKYO, Dec 30 (Bloomberg): Asian stocks fell for the first time in three days as Japan Airlines Corp. and Asiana Airlines Inc. plunged on debt concerns and as lower oil and gold prices dragged down commodity producers.Japan Airlines, or JAL,...
FE ReportM/s Zentex Apparels Limited, a Bangladeshi company will set up a garments manufacturing industry in Karnaphuli Export Processing Zone (KEPZ).The local owned company would invest $ 4.895 million in setting up of their garment unit. The company will also...
NEW YORK, Dec 30 (Commodity Online): The US stocks posted marginal gains on Tuesday on the back of optimism in Asian markets and improved US home prices data that was in line with the expectations.The Dow Jones Industrial Average (DJI)...
Our CorrespondentNILPHAMARI, Dec 30: The government has taken an initiative to develop the infrastructure of Saidpur Railway Workshop at a cost of Tk 1.22 billion (Tk 122 crore). Sources said, the railway workshop built in 1870 on 110 acres of...
HELSINKI, Dec 30 (AFP): Nokia, the world's biggest mobile phone maker, said yesterday it had asked the US International Trade Commission (ITC) to open an inquiry into alleged infringement of Nokia patents by Apple. Nokia has already filed a legal...
Banglalink's performance in first nine months of 2009 as compared to first nine month of 2008 (See Table 2) BL' Q109BL' Q108BL' Q209BL' Q208BL'Q309BL'Q308RevenueBDT (mil BDT)572747356003439061815175mil USD836987648975Subsmillion10.838.3111.049.4512.1310.14CapexBDT (mil BDT)151864171932779718746969mil USD22932811327101MOUminutes/month/sub278250267244259248ARPUBDT 172.5193179154173166USD2.502.802.602.202.502.40EBITDABDT (mil BDT)1428.7129.1182686-826.212456195mil USD20.710.4238.93-11.9735.392.83margin24.90%0.60%44.6%-18.80%36.6%AXIATA's performance in first nine months of...
SINGAPORE, Dec 30 (AFP): Crude prices were mixed in Asian trade Wednesday but remained within striking distance of 79 dollars, with analysts saying gains were being muted by a stronger US currency. New York's main futures contract, light sweet crude...
Our CorrespondentNILPHAMARI, Dec 30: The government is losing a large sum of money in revenue from sand, rock and stone extractions from Dimla and Jaldhaka upazilas in Nilphamari district.The extracted materials are supplied to different parts of the country. The...
Continued from page 9the early part of the year, as carry trades un-winded and investors flocked to the relative safety of short term US treasuries. However the dynamics in the local foreign exchange markets worked quite differently.Due to the commodity...
A larger quantity on offer was strongly competed for by all sections of the market and consequently prices appreciated for all clean liquoring varieties. Blenders operated in greater strength and there was fairly good support from the Loose tea buyers....
December 30, Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500100.2847111.40480.764967.404466.862061.8822Agrani Bank69.4500100.0441111.34080.767467.355566.786661.6952FCBsStanChart69.60101.60112.510.7868.4967.5562.99HSBC 69.5605101.4182112.92930.792967.649466.699562.0474Citibank naNANANANANANANABank of Ceylon69.5400101.7049113.35980.782468.404567.253464.8043PCBsUttara Bank69.5000100.3403110.88430.768966.974666.720862.2476AB Bank69.6000101.9941113.12690.7776NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
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