FE ReportThe central bank has asked the commercial banks to disburse 70 per cent of cash subsidy against exports before auditing while the rest amount will be cleared after final inspections. The country's businessmen hailed the central bank's move saying...
FE Report The price of finished sugar reached at Tk 60 a kilogramme at the retail level Wednesday mainly due to the reduction in supply of the item, traders told the FE.Earlier, in the middle of 2006 the prices of...
BNP chairperson and Leader of the Opposition in Parliament Khaleda Zia will fly for Saudi Arabia Friday to perform Umrah in Makkah at the invitation of the Saudi government, reports UNB.After the January 11, 2007 changeover that threw her and...
FE Report The government will float a tender (today) Thursday for installation of eight rental power plants to generate 530 megawatt (MW) of electricity on a fast-track basis to ease the country's chronic power supply crunch.Of the total eight plants,...
FE ReportThe government will meet the donors, including the World Bank, today to explore avenues for boosting the impoverished southwestern regional economy after the construction of the Padma Bridge, officials said Wednesday.The meeting to be attended by representatives of 20...
Foreign Minister Dr Dipu Moni, now in New Delhi, discussed sharing of waters of the common rivers with Indian Water Resources and Parliamentary Affairs Minister Pawan Kumar Bansal. A press release of the Foreign Ministry said the Indian Minister assured...
The government announced various electricity-saving measures as the nagging power crunch did not change much despite steps taken earlier, including the daylight-saving time. Under the latest plan, the government decided to conduct campaigns to encourage people to use solar energy,...
The inter-bank call money rate moved up further Wednesday ahead of the Eid-ul-Fitr festival, treasury officials said. The call rate ranged between 3.00 per cent and 7.25 per cent on the day against the range of 2.00 per cent and...
CHAPAINAWABGANJ, Sept 9: A Bangladeshi cattle trader was shot dead by Indian Border Security Force (BSF) at Polladanga frontier in Alatuli union of Chapainawabganj Sadar Upazila in the early hours of Wednesday. — BSS
FE ReportThe government released Wednesday cash incentives worth Tk 2.0 billion for major export sectors and sub-sectors to help them pay wages and other benefits to workers ahead of Eid-ul-fitr.The amount includes Tk 1.10 billion worth of cash subsidy to...
FE ReportGold prices in the local market have hit a new high with the 21-carat guinea gold selling at Tk 27,993 and 22-carat at Tk 29,334 a bhori leaving an adverse impact on overall sales ahead of the ensuing Eid...
US President Barack Obama has invited Prime Minister Sheikh Hasina to join a meeting with him in New York on September 23, reports UNB. US Ambassador to Bangladesh James F. Moriarty formally handed over a letter of invitation from the...
Munima SultanaThe country's self-imposed ban on export of prawn to the European countries is likely to be withdrawn soon as the national experts have confirmed that poultry feed is the main source of toxic nitrofuran, which was found at higher...
From Fazle RashidNEW YORK, Sept 09: "Don’t declare victory" was the blunt message US Ambassador Karl Eikenberry delivered to Hameed Karzai, the front runner in Afghanistan's presidential election which the United Nations-backed commission said it has found " clear and...
Our CorrespondentCHITTAGONG, Sept 9: In one of the greatest ever anti-adulteration drives the district magistracy and BSTI officials seized huge quantities of consumer goods worth over Tk 500 million and sealed off five godowns in the city today.Acting on a...
Bangladesh has improved on the face of its position in the latest ranking of the global competitive index conducted by the Switzerland-based World Economic Forum (WEF). The position of Bangladesh in the index was 111 in 2007 and the latest...
Enayet Rasul BhuiyanTHE Bangladesh Garments Manufacturers and Exporters Association (BGMEA) made an unwitting statement. It was interpreted as one that sought to hold the government hostage just like any irresponsible trade union body. Later, the BGMEA president had to retract...
Md Nurun NabiPRODUCTIVE employment for women, who constitute almost half the national population, could significantly enlarge the country's gross domestic product (GDP). There is a need for making selective efforts to integrate the female population of the country with productive...
The nation would remember his positive legacies -- the legacies of his political outspokenness, and on top of that all, his liberal attitude towards opposing views particularly in politics. He was widely considered an icon, a role model of financial...
Good opportunities still exist to substantially improve further receipts of foreign currency through remittances from our overseas workers by clamping down hard on the sending of such remittances through the 'hundi' channels and by encouraging the sending through official channels....
I asked an autorickshaw driver why no driver accepts the fare according to the meter. He told me that traffic jams make the meter reading meaningless. A problem for the drivers, he said, was the fact that instead of Tk...
Maswood Alam KhanFor the last few months my workload in office was so heavy that I thought I needed a break. With a view to enjoying a break and also to experiencing beforehand the taste of a retired life I...
Matin bin ZahirIn response to a news item, 'Bus service for school students', published in different national dailies recently, I would commend it as a good decision. This should be compulsory, instead of using private vehicles. Surely, it will help...
NEW YORK, Sept 9 (Bloomberg): US stock-index futures swung between gains and losses after a six-month rally in the Standard & Poor's 500 Index left the measure valued near the most expensive level in five years. International Business Machines Corp.,...
BERLIN, Sept. 9 (Bloomberg): German stocks gained for a fourth day as analysts recommended Bayerische Motoren Werke AG, helping offset concern share prices have outpaced the outlook for an economic recovery following a six-month rally. The benchmark DAX Index added...
JURICH, Sept 9 (Bloomberg): Swiss stocks fell for the first time in four days, led by watchmakers after Compagnie Financiere Richemont SA said it's urging "caution" on its sales outlook. Richemont and Swatch Group AG declined at least 1.9 per...
MEXICO CITY, Sept 9 (Bloomberg): The Bolsa index rose to the highest level since July 2008. Investors are buying stocks that have fallen since last month after regulators relieved Mexico's private pension funds, known as Afores, from having to buy...
MOSCOW, Sept 9 (AFP): Russian energy giant Gazprom said yesterday it will boost investment in the Russian Far East to some 2.2 billion euros (3.2 billion dollars) in 2010 as the company looks to energy-hungry Asian markets. "In 2010 the...
LONDON, Sept. 9 (Bloomberg): UK stocks climbed as gains among oil companies and retailers overshadowed speculation a six-month rally has outpaced the prospects for earnings. BG Group Plc, the UK's third-largest oil and natural gas company, added 1.8 per cent...
ROME, Sept 9 (AFP): The rich diversity of food in indigenous communities across the world is threatened by the spread of Western eating habits through globalisation, a United Nations agency said yesterday. About three-quarters of the genetic diversity once found...
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