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Dhaka stocks’ record run continues

2009-12-30 00:00:00

FE ReportDhaka stocks continued its record-breaking rally for the second straight session Tuesday as the investors ran after shares of financial entities, which posted better-than-expected earnings. The market opened in an upbeat mood as the bench- mark index of Dhaka...

Unsuccessful applicants stage demonstration

2009-12-30 00:00:00

FE ReportThe agitated unsuccessful applicants of Golden Son Limited staged demonstration in front of the company office and the Securities and Exchange Commission (SEC) Tuesday demanding quick solution of their refund warrants of its Initial Public Offering (IPO). After the...

39 businessmen get CIP status

2009-12-30 00:00:00

Monira MunniThe government has selected 39 leading businessmen of the country to be bestowed the Commercially Important Person (CIP) status for a year on the basis of export performance and annual business turnover.They were nominated as CIPs as per the...

14 killed, 30 hurt in Kishoreganj road accident

2009-12-30 00:00:00

KISHOREGANJ, Dec 29: At least 14 people were killed and over 50 injured in an accident as a bus crashed into a roadside tree at Shimulhati in Tarail Upazila Tuesday. Witnesses said a Tarail-bound bus from the capital swerved off...

Moderate tremor felt in Dhaka

2009-12-30 00:00:00

A moderate tremor was felt in Dhaka city and its adjoining areas at 4:01pm Tuesday. According to US Geological Survey, the epicentre of the quake was on the India-Myanmar border region. — bdnews24.com

Bank holiday tomorrow

2009-12-30 00:00:00

Bangladesh Bank and all the scheduled banks will remain closed tomorrow (Thursday). A Bangladesh Bank circular issued Tuesday said there would be no banking transaction on the day, the last day of the year 2009. — BSS

Hasina vows to keep pledges

2009-12-30 00:00:00

Prime Minister Sheikh Hasina has said her government is facing difficulty in overcoming a state of inertness left by the BNP-led four-party alliance and caretaker governments, reports bdnews24.com. She expressed her gratitude to the people for voting the grand alliance...

Minister lauds CAs' role in today's business world

2009-12-30 00:00:00

FE ReportThe role of chartered accountants is very important in the very complex world of economics as business today cannot operate without maintaining proper accounting books, Commerce Minister Faruk Khan said Tuesday."The country is resilient to global recession and part...

Khaleda asks govt to clarify energy deal

2009-12-30 00:00:00

BNP Chairperson Khaleda Zia has sought clarification on a recent allegation involving foreign investment in the country's energy sector, reports bdnews24.com. Khaleda raised the question Tuesday in her speech as chief guest at the closing ceremony of the 18th National...

Part One

2009-12-30 00:00:00

Looking beyond the Great RecessionZaidi SattarEconomy poised for take offAt the close of 2009, the Bangladesh economy is poised for Take-Off, a sluggish global economic recovery notwithstanding. The enormous traffic jams in the capital city of Dhaka is a stark...

Part Two

2009-12-30 00:00:00

Renewable energy for off-grid electrificationShahiduzzaman KhanBANGLADESH is now evenly poised to depend on renewable energy sources -- solar, wind, biomass and biogas -- amid growing concerns over a steady decline of non-renewable resources such as fossil fuel, which has prompted...

Part Three

2009-12-30 00:00:00

A history of missed opportunitiesFazal M. KamalFirst, naturally, the good news. It would not pass a veracity test to state--rhetorically as it’s often done--that since the time Bangladesh attained its independence the nation has not seen much progress and its...

Part Four

2009-12-30 00:00:00

Infrastructure financing challenges and capital market developmentIfty IslamOn a number of fronts, developments in recent years in Bangladesh's capital markets give grounds for optimism. With the successful IPO of Grameenphone (GP), market capitalisation has risen to $ 27 bn (30%...

Sustainable Development Strategy

2009-12-30 00:00:00

THE formulation of the National Sustainable Development Strategy (NSDS) paper is now facing hazards for a number of reasons. First of all, it was made the exclusive preserve of a department under the Ministry of the Environment. Thus, it is...

Developing an efficient capital market to spur economic growth

2009-12-30 00:00:00

Md Sajib HossainGROWTH in a modern economy hinges on an efficient financial sector that pools scattered small domestic savings and mobilises foreign capital for productive investment. In Bangladesh, the financial sector is dominated by the banking sector which enjoys a...

Entrepreneurs from Muslim world sought for Washington summit

2009-12-30 00:00:00

Stephen KaufmanApproximately 150 entrepreneurs from Muslim-majority countries and Muslim communities around the world will be invited to a two-day summit in Washington in spring 2010 to meet with their peers and U.S. officials to explore areas of partnership and ways...

Recovery of loans is vital for the banking industry

2009-12-30 00:00:00

Mahbubul Haque ChowdhuryTHE ordinary definition of a bank is a dealer in credit. The bank accepts deposits from the depositors in exchange of certain profit and lends it out to the borrowers at a rate of interest profitable to it....

For price stabilisation

2009-12-30 00:00:00

THE government should, without wasting time, reactivate the Trading Corporation of Bangladesh (TCB). With TCB in the market, it would be possible to help stabilise the prices. It can provide some comfort to consumers. The TCB was wound up to...

Business in the guise of religion

2009-12-30 00:00:00

BANGLADESH as one of the biggest Islamic countries in the world has an Islamic clergy to be proud of in terms of knowledge of the Quran and its interpretations. If this clergy only exerts itself widely and seriously, then there...

Primary education

2009-12-30 00:00:00

ABOUT 18 per cent students got third division and 11 per cent failed in the first primary completion examination this year. That is, a total of about 30 per cent of the students cannot pursue further education.But, almost all of...

Free media and objectivity

2009-12-30 00:00:00

OUR Prime Minister Sheikh Hasina sought cooperation of the media in ensuring uninterrupted functioning of the hard-earned democracy in the country which, as she rightly noted, is sine qua non for protecting people's rights and interests. She made the call...

Thank you, hopenhagen

2009-12-30 00:00:00

Mohiuddin BabarIT belied all aspirations, expectations, excitement and enthusiasm. The Copenhagen Climate summit has distorted the belief that all is well that ends well. It did not end with an outright outcome which would have relieved billions of people of...

Cooperative management structure for Ganga-Brahmaputra-Meghna basin

2009-12-30 00:00:00

Nuruddin Azam THE Brahmaputra (Yarlung Tsang-Po in Tibetan/Chinese) river originates on the northern slope of the Himalayas in Tibet, China. It flows eastwards for a length of about 1,130 km and then takes a sharp bend towards south and enters...

Why sycophants prosper and sycophancy thrives on?

2009-12-30 00:00:00

Shirin AkhtarThe other day, a writer in an article in an English daily said the great enemies of our political leaders are the sycophants "who are in most cases corrupt, dishonest and inefficient." This is not entirely true because those...

HIGHLIGHTS

2009-12-30 00:00:00

Bhaskar BhartiOn SONY SET Wednesday at 9-00 pm.A man in a woman's world is generally viewed as pleasure, a blessing… while a woman in man's world is considered to be a struggle for survival & a fight for identity. Bhaskar...

Priyanka Chopra gets set to seduce seven husbands

2009-12-30 00:00:00

After winning accolades for her twelve roles act in Ashutosh Gowarikar's Whats Your Raashee, Priyanka Chopra will now be seen seducing seven husbands in Vishal Bharadwaj's next untitled venture. It is learnt that Priyanka has already started preparing for the...

Wednesday

2009-12-30 00:00:00

BTVam07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:10 Saswato Jibon07:15 Suvechaa Nin08:00 Morning News08:10 Desher Gaan08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission11:15 Pachmishali11:40 Koishori12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Sastha Tathya01:00 Sukhi Paribar01:30 Hijal...

Asian stocks rise for second day, led by commodities, retailers

2009-12-30 00:00:00

TOKYO, Dec 29 (Bloomberg): Asian stocks rose for a second day as higher oil and metal prices boosted commodity producers and Shimamura Co's profit buoyed the outlook for Japan's retailers. BHP Billiton Ltd., the world's largest mining company and Australia's...

PGI to invest in textile tech in US, Asia

2009-12-30 00:00:00

NORTH CAROLINA, Dec, 29 (Commodity Online): Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) (PGI) announced that it is investing in industry-leading technology in both the US and Asia to serve the hygiene and healthcare marketplace. PGI plans to install...

INK Global to implement clean coal tech in India

2009-12-30 00:00:00

FLORIDA, Dec 29 (Commodity Online): Clean Coal Technologies, Inc (Pink Sheets: CCTC) has signed a Technology Licensing Agreement with INK Global Consulting to build clean coal plants utilising CCTI's patented technology in India, according toDoug Hague, President & Chief Executive...