FE Today Logo

Search results for:


FBCCI demands major overhaul of customs duty, income tax structure

2009-04-24 00:00:00

FE Report The country's apex chamber Thursday demanded a major overhaul of tax structure in the upcoming budget, seeking a raise to minimum income tax threshold and slash duties on machinery, raw materials and intermediate goods.The Federation of Bangladesh Chambers...

7th NPC submits report on new pay hikes

2009-04-24 00:00:00

FE ReportThe seventh National Pay Commission (NPC) submitted Thursday its report on new pay hikes, which also recommended introduction of dearness allowance (DA) each year for the public servants based on the average annual inflation in future.The 13-member Commission, headed...

Dhaka stocks fall on price correction

2009-04-24 00:00:00

FE ReportDhaka stocks fell on price correction Thursday, led by insurance companies, non-banking financial institutions, mutual funds and most of the banking issues.The Dhaka Stock Exchange (DSE) opened on a positive note but trimmed the early gain of 25 points...

Govt asked to revoke eviction notice on Khaleda in 5 days

2009-04-24 00:00:00

BNP chairperson and leader of the Opposition in parliament Khaleda Zia Thursday sent in a demand-of-justice notice asking the government to withdraw or revoke the notice for vacating her leasehold Dhaka cantonment residence within five days, reports UNB.Barrister AM Mahbubuddin...

Move to bring all local, foreign NGOs under one umbrella

2009-04-24 00:00:00

Social Welfare Minister Enamul Haque Mostafa Shaheed Thursday said all local NGOs and foreign organisations working in the country would be brought under one umbrella by forming an organisation styled 'National Security Council.' The minister made the remarks when a...

Speaker for more front row seats for opposition

2009-04-24 00:00:00

Speaker Advocate Md Abdul Hamid Thursday said he is contemplating to allocate some more seats in the front row for the opposition in spite of their small number in the House. "Members of the Opposition bench were given more time...

Abdus Salam made CDA chairman

2009-04-24 00:00:00

The government Thursday appointed eminent industrialist Abdus Salam as the Chairman of the Chittagong Development Authority (CDA). — BSS

Changing the frame of mind

2009-04-24 00:00:00

Mahmudur RahmanAbout a year ago a leading Bangla national daily celebrated its anniversary with a powerful message-"Change things, change yourselves" (Bodley dao, bodley jao). It was backed up by a short but spirited campaign that picked on examples of every-day...

Expats in KSA keen to invest in closed, sick industries

2009-04-24 00:00:00

Bangladeshi expatriates in Kingdom of Saudi Arabia (KSA) have expressed interest to invest in reopening and reviving the country's closed and sick industries in line with the present government's plan to turn Bangladesh into a modern, self-reliant country by the...

Seven cos bid for Bibiyana power plant construction

2009-04-24 00:00:00

M Azizur RahmanSeven pre-qualification documents have been submitted on the closing day Thursday for the installation of the 450 megawatts (MW) gas-fired Bibiyana power plant, officials said.This is the first ever document submission for setting up of a power plant...

Budget to create scope for private investment: Muhith

2009-04-24 00:00:00

FE ReportThe upcoming budget will create opportunity for investment by private investors as the government will bring back their confidence on its policy, said finance minister AMA Muhith on Thursday."We have to build the confidence of the businessmen for more...

Joint WB-IMF meet in Washington tomorrow

2009-04-24 00:00:00

From Fazle RashidNEW YORK, April 23: The joint meeting of the World Bank (WB) and the International Monetary Fund (IMF) begins in Washington from Saturday. The finance ministers of the member nations have started descending on the US capital amidst...

BNP to protest over power, water crunch

2009-04-24 00:00:00

BNP unveiled a month-long political programme demanding resolution of such wide-ranging issues as water, power and gas shortages, deteriorating law and order, violence in educational institutions and fixing fair prices of agricultural crops, reports bdnews24.com. Secretary General Khandaker Delwar Hossain...

Janata Bank expands NRB banking beyond capital city

2009-04-24 00:00:00

FHM Humayan KabirThe country's second largest state-owned bank, Janata bank, will open six booths outside the capital by June next for encouraging the expatriates to send their remittances to the country by providing them exclusive services, the bank's chief said...

Ctg port operation resumes partly

2009-04-24 00:00:00

CHITTAGONG, Apr 23 (UNB): Movement of ships to and from Chittagong seaport resumed partially Thursday morning through a passage created by dredging the bay channel jammed following the capsize of a clinker-laden lighter vessel.In the shipwreck, the master of the...

Minister accuses pvt milk cos of creating 'artificial crisis'

2009-04-24 00:00:00

Amid already-prevailing high prices of milk, Fishers and Livestock Minster Abdul Latif Biswas Thursday came up with a complaint that milk-processing private companies are trying to create an artificial crisis for milking the market, reports UNB.The minister said that the...

Widening tax-net for mobilising internal resources efficiently

2009-04-23 00:00:00

Jahangir Bin Alam IT is needless to say that mobilisation of internal resources of any country, irrespective of its development status, is the sine quo non for achievement of its economic objectives and to improve the living condition of the...

Business reforms and infrastructural supports

2009-04-23 00:00:00

Moazzem HossainTHE findings of the survey carried out by the Bangladesh Investment Climate Fund (BICF) of the International Finance Corporation (IFC), provide some broad ideas about the state of the economy, particularly in relation to its business environment and investment...

Population challenge facing Bangladesh

2009-04-23 00:00:00

Professor Mahfuz R. ChowdhuryIT is entirely possible that the perilous situation that awaits Bangladesh with its population growth isn't getting the kind of consideration that it so deserves. Or it may be that people are very indifferent about the whole...

Infertility, and worse, lurking in polluted air

2009-04-23 00:00:00

The findings of two separate research studies in the Indian state of West Bengal, claiming that pollutants in the air are linked to a fall in male fertility as well as congenital malformations or premature births among women, simply confirm...

Crime surge impairs government's image

2009-04-23 00:00:00

Enayet Rasul BhuiyanTHE Awami League government which was in power in 2001 and faced elections, was full of confidence that it would be elected to power again. This expectation was born out of a sense of having done well in...

Don't kill the duck that lays the Golden egg

2009-04-23 00:00:00

Mahbubul Haque ChwodhuryThe USA and the member-countries of the European Union (EU) are trying individually and jointly to face the onslaught of economic recession which have already led many countries to massive job cuts in their industries. At the forums...

Legalising black money

2009-04-23 00:00:00

THE intention to legalise a huge amount of black (or, undisclosed) money in the country was indicated recently by the Finance Minister's statement to that effect. The apex chamber body of the country, the Federation of Bangladesh Chamber of Commerce...

People's support not permanent

2009-04-23 00:00:00

THE Prime Minister, Sheikh Hasina, the daughter of Bangabandhu Sheikh Mujibur Rahman, is loved by a majority of the people of Bangladesh. It is reflected in the election results.The emergency caretaker government wanted to finish the politics of Sheikh Hasina...

For shifting SSC, HSC exams

2009-04-23 00:00:00

The first public exam, the Secondary School Certificate (SSC), has an undeniable importance for students. So, they usually want to accomplish best as they can March and April, being hot and humid, are far from suitable for the SSC exams....

Why no stimulus for the RMG sector?

2009-04-23 00:00:00

LAST Sunday the government announced a stimulus package of Taka 34.24 billion (3,424 crore) to offset the possible impact of global economic recession. Out of this, the share of agriculture is 43 per cent, power, 18 per cent, agriculture loan...

Oil prices higher in Asian trade

2009-04-23 00:00:00

SINGAPORE, Apr 22 (AFP): Oil prices rose in Asian trade today, tracking gains on Wall Street ahead of the release of the latest report on US crude inventories, dealers said. New York's main futures contract, light sweet crude for delivery...

In Turkmenistan, big powers eye Central Asia energy options

2009-04-23 00:00:00

ALMATY, Apr 22 (AFP): Big powers are dispatching envoys to an energy conference in Ashgabat this week amid shifts in Central Asian oil and gas politics the West hopes could loosen Moscow's grip on the strategic region. An explosion earlier...

India ahead of US, China in energy efficiency

2009-04-23 00:00:00

NEW DELHI, Apr 22 (PTI): India has emerged as one of the most energy efficient country piping developed economies like the US and China. The Bureau of Energy Efficiency (BEE) Director General Ajay Mathur told PTI, "India stands parellel to...

IHM co attends WB-IMF spring meetings in USA

2009-04-23 00:00:00

FE Report Chief coordinator (CO) of Institute of Hazrat Mohammad (SAW) Habiba Tasneem Chowdhury left Dhaka Tuesday to attend the Civil Society Policy Dialogue of 2009 World Bank-IMF spring meetings in Washington DC, USA.Ms Chowdhury will represent the Institute at...