FE Today Logo

Search results for:


Unrest in garment sector gives disconcerting signals, again

2009-11-05 00:00:00

Shahiduzzaman KhanFresh unrest is again simmering in the readymade garments (RMG) sector. Three precious lives were lost and over a hundred wounded in the recent deadly violence in Tongi. An apparently disturbed Prime Minister, Sheikh Hasina, categorically said that the...

Demo at Jatrabari demanding foot overbridge

2009-11-05 00:00:00

FE ReportStudents and teachers of a city school Wednesday disrupted traffic movement on the Dhaka-Chittagong Highway for an hour by putting up road blocks demanding a foot-overbridge at Sayedabad.Hundreds of students of Jatrabari Ideal School demonstrated in the area, commonly...

Padma Bridge cost may go up by $0.3b, say donors

2009-11-05 00:00:00

FHM Humayan KabirFour major donors in an assessment have said the cost of Padma Bridge scheme might swell to US$2.7 billion from existing $2.4 billion due to escalation of prices of materials and higher interest payment during its implementation period,...

Eroding tariff preference to hit growth in exports to EU

2009-11-05 00:00:00

FE ReportThe country's export growth to the European Union (EU) market faces the danger of being eroded as the regional block is cutting tariffs multilaterally, imperiling Bangladesh's price edge, trade officials and exporters feared Wednesday.Commerce Minister Muhammad Faruk Khan also...

Cabinet purchase body approves bid for 150mw power project

2009-11-05 00:00:00

The government's Purchase Committee Wednesday approved a Chinese company's bid for supply and installation of a 150MW combined-cycle power plant in Chandpur, reports UNB.In a meeting with Finance Minister AMA Muhith in the chair the cabinet committee also approved another...

Dhaka stocks fall marginally for 2nd day

2009-11-05 00:00:00

FE ReportDhaka stocks fell marginally for the second successive session Wednesday on profit taking, with share prices of the maximum issues declining.Before going into the negative territory on profit taking, the market gained 20 points in the morning. The benchmark...

BATEXPO-'09 begins today

2009-11-05 00:00:00

FE Report A three-day apparel and textile exposition begins in the city today (Thursday) to showcase local garment products in a bid to woo foreign buyers amid the ongoing global recession. Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the trade...

Only 10pc ADP allocation spent in first quarter

2009-11-05 00:00:00

FE ReportThe government spent only 10 per cent of the annual development programme (ADP) allocation in the first quarter of the current fiscal due to poor rate of project implementation, officials said Tuesday.Planning ministry officials said the project implementation rate...

Verdict on mutual fund writ Sunday

2009-11-05 00:00:00

The verdict of writ petition related to mutual fund will be delivered Sunday next. A division bench of High Court comprising Justice Syed Mahmud Hossain and Justice Kamrul Islam Siddiqui declared the aforesaid date of delivery of verdict. — FE...

HC orders to set aside 130 Uttara plots

2009-11-05 00:00:00

The High Court (HC) has ordered the government and city developer Rajuk to allocate Uttara Phase III plots after reserving 130 that were previously cancelled by the caretaker government. The bench of justices Shahidul Islam and Syeda Afsan Jahan made...

Fuel, power dev: 1st meet of feasibility study body today

2009-11-05 00:00:00

The first meeting of the feasibility study committee under 'Fuel and Electricity Development Committee' constituted earlier by the Ministry of Power, Energy and Mineral Resources, will be held today (Thursday) at 4.0pm at Bangladesh Bank. The meeting was convened to...

A different perspective

2009-11-05 00:00:00

Mahmudur RahmanWorld oil prices are slowly creeping up and this by itself should send some warning signs flashing as the government weighs in earnestly to address the vexing power issue. The government is set to go on a major road...

Muhith, British MPs discuss possible areas of cooperation

2009-11-05 00:00:00

FE ReportThe visiting British lawmakers at a meeting with finance minister AMA Muhith discussed Wednesday the UK government's possible areas of cooperation for accelerating economic growth of Bangladesh."We have discussed issues relating to development of energy sector, enhancement of revenue...

Lack of code of operation hits Ctg Port truck terminal

2009-11-05 00:00:00

Our Correspondent CHITTAGONG, Nov 04: The only truck terminal at the Chiattagong Port operated by Panama Logistics (BD) Ltd has experienced a number of demonstrations over the government's dillydallying in hammering out the much-awaited operational agreement between the traffic department...

PM sees end to power crisis by 2011

2009-11-05 00:00:00

Prime Minister Sheikh Hasina Thursday said the countrymen would get rid of power crisis by 2011 and as per Vision-2021 of the present government the country would be self-sufficient in electricity, reports BSS. During the Prime Minister's question-answer session in...

283 allotted Rajuk plots in different categories

2009-11-05 00:00:00

FE ReportRajdhani Unnayan Kartripakkha (Rajuk) Wednesday allotted another 283 residential plots, including 60 for journalists, among applicants under its Uttara Model Town (3rd Phase) and Purbachal New Town projects.The computerised lottery draw was held at Osmani Memorial Auditorium in the...

B'desh an attractive place for business

2009-11-05 00:00:00

FE ReportBangladesh is the most favoured destination for investments in manufacturing sectors including readymade garments and textile next to China, Japanese Ambassador Tamotsu Shinotsuka said Wednesday.He said Japanese business people finds the country promising due to an excellent labour force...

Thursday

2009-11-05 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 News08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission09:30 Bajoyo Ebong Bajo11:15 Tomi Miar Kitchen11:40 Shatorupa12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Sastha Tathya01:00...

IPO Diary

2009-11-05 00:00:00

Golden Son LimitedNature of BusinessGolden Son Limited is involved in producing and exporting non-electrical and Sports items to Taiwan, U.K, Canada, South Africa, Australia, Hong Kong and Singapore.Subscription OpenNovember 08, 2009Subscription CloseNovember 12, 2009 For Non resident BangladeshiNovember 08, 2009...

Introducing TUs in apparel sector

2009-11-04 00:00:00

MINISTERS and readymade garments (RMG) industry representatives and labour leaders decided, in a meeting held last Sunday -- only days after the violent labour unrest at a RMG unit in the Tongi industrial area -- to allow trade union (TU)...

Exploring the causes of inflation in Bangladesh

2009-11-04 00:00:00

Ahsan HabibECONOMISTS, policy makers and multilateral capital donors have different explanations about the causes of inflation in countries like Bangladesh. A brief look at a few of such explanations merits attention for shaping and re-shaping of appropriate policies to help...

Small and medium enterprises struggling for credit

2009-11-04 00:00:00

Ahmed Showkat MasudThe small and medium enterprises (SMEs) are facing credit crunch despite the central bank's policy directive to commercial banks to increase lending to the productive sector. The government also attaches priority to financing the SME sector. About 80...

For a medical college with Mugda hospital

2009-11-04 00:00:00

A 500-bed government hospital has been under construction, for years, at Mugda, Sabujbag, in Dhaka Metropolis. The construction work needs to be accelerated. No medical college is planned for the hospital. But a medical college at Mugda Hospital could provide...

Unauthorised parking and jam

2009-11-04 00:00:00

The recent changes in the timetables for offices and educational institutions and so on seem to have yielded mixed results. Sometimes the traffic seems to have eased while at other times (for the same period) there is serious traffic jams....

Benefits of on-line payment system

2009-11-04 00:00:00

BANGLADESH Bank introduced online payment system in the country facilitating online fund transfers and payment of utility bills through local currency credit cards. One will no longer need to go to market for shopping spending hours in traffic jams or...

Islamic finance and banking: Some basic concepts

2009-11-04 00:00:00

Md. Touhidul Alam KhanIslamic finance is a form of ethical investment and ethical lending. Under this system loans and investments are made Islamic finance is a form of ethical investment and ethical lending. Under this system loans and investments are...

Fund depletion causing concerns to UN bodies

2009-11-04 00:00:00

Fazle RashidIT is the United Nations turn now to seek financial assistance on an emergency basis to keep the world body adrift. Some of its well-oiled agencies like the World Food Programme (WFP), Food and Agriculture Organisation (FAO) and its...

Shortsightedness in planning

2009-11-04 00:00:00

Mohammad Ataul HoqueI was dismayed when I read in the newspapers that the under-construction connecting road leading from Bijoy Sharani to Tejgaon will have a width of 250 ft at the initial point and will culminate to a width of...

Asian markets ease ahead of Fed

2009-11-04 00:00:00

HONG KONG, Nov 3 (Reuters): Dollar slid Tuesday, pushing gold prices to near record highs, while Asian stocks eased as investors awaited policy announcements from some key central banks this week for clues on the timing of eventual shifts in...

Stanley Works to buy Black & Decker

2009-11-04 00:00:00

NEW YORK/BANGALORE, Nov 3 (Reuters): Stanley Works struck a deal to buy rival Black & Decker Corp for $3.46 billion in stock, combining a top hand tool maker and power tool maker to benefit from higher margins and cost savings.The...