FE ReportBangladesh will work with Thailand to reduce trade gap, which is heavily in favour of Thailand, said foreign minister Dr Dipu Moni Monday."Thailand exports over $500 million worth of products to Bangladesh a year against imports worth over $20...
From Fazle RashidNEW YORK, June 01: General Motors, commonly known by its acronym GM, a symbol of America's industrial might filed for bankruptcy today, media reported.The government would provide an additional $30.1 billion atop $20 billion already paid to the...
FE ReportDhaka stocks rose Monday again after Sunday's slight drop. The gain was led by non-banking financial institutions (NBFIs), Beximco Group, IT, insurance, ceramic and cement issues, while mutual funds, which gained on the previous day, dropped on price correction.The...
The condition of a sacked Grameenphone (GP) executive deteriorated seriously as their hunger strike unto death in front of the company premises in the city continued for the second day Monday demanding reinstatement and payment of salary and allowances in...
FE ReportA listed criminal was killed and two snatchers were injured in separate shootouts with RAB and police in the city's Mirpur, Jatrabari and Shanir Akhra areas Sunday night and Monday.In the first incident, a team from Shah Ali police...
FE ReportThe state-owned Tabani Beverage Company Ltd. has taken a move to market its soft drink products in plastic PET bottles replacing the traditional glass bottles for convenience of consumers, officials said Monday.The company would set up a plant for...
NEW YORK, June 1 (CNNMoney.com): Oil prices touched 7-month highs Monday as global stock markets surged and the U.S. dollar weakened.Crude futures were up $1.46 at $67.77 a barrel but had reached as high as $68.29 in electronic trade earlier....
The World Bank (WB) has suggested Bangladesh to shape up Chittagong and Mongla seaports as regional ports for smooth regional connectivity, which the donor agency thinks will spur the country's economic uplift, reports UNB.WB Regional Director Sadiq Ahmed came up...
A deep convection is taking place over North Bay and adjoining costal areas of the country under the influence of Southwest Monsoon, a week after cyclone Aila devastated costal districts. "Southwest Monsoon is moderate to strong over north Bay," said...
The High Court (HC) Monday asked the government to set up food courts in a year at district level providing with necessary inspectors and analysts to ensure safety, purity and proper nutrition values of foods. Delivering the judgement upon a...
At least 400 students of eight schools in Laxmichhari of Khagrachhari fell sick after taking fortified biscuits distributed under feeding programme of the United Nations World Food Programme (WFP) Monday morning. — UNB
THE government is reportedly mulling a few changes in the Public Procurement Act (PPA) and the Public Procurement Rules (PPR) following complaints from various agencies under its control that proper compliance with certain provisions of the same, delays implementation of...
Syed Fattahul AlimDESPITE the global financial meltdown, Bangladesh economy is yet to be seriously affected by the general fall in the global demand market. The remittance inflow is still robust defying the fear that the job cuts in the host...
M. AbdullahWHITENING of black money is being suggested from different quarters including the country's chamber bodies. Chamber bodies have made known their specific proposals about the matter. The Jatiya Sangsad (JS) standing committee that examined the issue also give a...
FURTHER increase in remittance flows can be achieved by an assortment of policies in different sectors and not alone by setting up remittance houses abroad. While it has been a useful step, other policies must be pursued for augmenting remittance...
SOME 2,794 colleges across the country can admit 4,63,000 students only while 7,50,538 students passed the SSC exams this year.To minimise the problem of admission-seekers, the government should reopen intermediate classes in the old colleges like Carmichael College, Rangpur, Rajshahi...
The border of Bangladesh remain unguarded because the virtually shattered BDR has to be rebuilt. Many officers from the army, on deputation, have not gone back to BDR. The BDR is patrolling the borders with fewer men and officers. A...
Mahbubul Haque ChowdhuryINTEREST rate is a component of the cost of fund which an individual or institution charges for parting with the fund for a temporary period. An individual or institution faces discomfort and keep or lend the fund for...
Emdadul HaqueThe economic health of Malaysia and South Korea was not much better than newborn Bangladesh in 1972. But after 25 years, those countries gathered formidable economic strength. The reasons were very simple-leaders of the two were honest and they...
Mohammad Shahidul IslamBangladesh can expect a lot for the development of its tourism sector from Taleb Rifai, the new Secretary-General of United Nations World Tourism Organization (UNWTO). The tourism authority of Bangladesh should prepare a pro-tourism development policy for technical...
SINGAPORE, June 1 (AFP): Oil prices rose in Asian trade today to near seven-month highs, fuelled by a rise in regional equities markets and a weakening US dollar, dealers said. New York's main futures contract, light sweet crude for July...
SEOUL, June 1 (Reauters): South Korea's daily export value in May rose for the fourth straight month, a further sign of improvement in the global economy though economists said it did not mean a lasting recovery had arrived."The global economy...
Our CorrespondentCHITTAGONG, June 1: No foreign aid dependent economic infrastructure can emerge as self-reliant and development oriented in any social system in the guise of free market economy.Noted economist Moinul Islam expressed this as the chief guest at a discussion...
KUWAIT CITY, June 1 (AFP): Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said yesterday the OPEC member does not favour a high price for oil because this would dampen the global economy. "We are not in favour to see the...
'Haarte Maana' is the slogan of Horlicks Future Force, a new and exciting TV show that was launched in the city recently, says a press release. Contestants between 10 to 14 years of age are eligible to participate in the...
Commodity Month Last WTI Light Crude Jul '09 67.9300 Brent Crude Jul '09 67.1700 RBOB Gasoline Jul '09 1.8953y Heating Oil Jul '09 1.6776y Nat Gas (NBP) Jul '09 26.9500...
CopperBid/Ask 2.2500 -2.2545 Change +0.0789 +3.64% Low/High 2.1665 -2.2595 Nickel Bid/Ask 6.4221 -6.4448 Change +0.2087 +3.36% Low/High 6.1953 -6.4675 AluminumBid/Ask 0.6453 -0.6498 Change +0.0100 +1.57% Low/High 0.6353 -0.6567 Zinc Bid/Ask 0.7046 -0.7091 Change ...
A seven-member team of businessmen and educationists led by M Tajul Islam, chairman of Intimate Properties Ltd, Monday left the city for Ankara to attend a seminar there, said a press release.Others members of the delegation include, International Islamic University...
MUMBAI June 1 (Bloomberg): India's benchmark stock index rose for a fourth day, extending May's biggest monthly surge in 17 years, led by commodity producers and automakers.Sterlite Industries (India) Ltd. climbed 3.9 per cent as commodity producers gained on higher...
Bata Shoe Company (Bangladesh) Limited has provided shoes for under--privileged school students run by Hope World Wide Bangladesh as a part of their corporate social responsibilities programme, said a press release. All the beneficiaries are poor workers and local people's...
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