Ferdaus Ara Begum | 2009-03-12 00:00:00
THERE is no way to disagree with the need for technology. In several instances, the need for technology have been discussed but so far progress is not at all appreciable. NSAPR II, in its supporting strategy-V on enhancing productivity and...
SEOUL, Mar 11 (AFP): North Korea vowed Wednesday to take 'every necessary measure' to protect itself as it reiterated charges that an ongoing US-South Korean military exercise could trigger a war.The communist state says the March 9-20 exercise, which involves...
Shahiduzzaman Khan | 2009-03-12 00:00:00
Bangladesh needs large investments, especially in agriculture, industry and infrastructure sectors, for raising the per capita income and creating more jobs. Without meeting this need, it will in no way be possible to achieve the national goal of graduation into...
FE Report | 2009-03-12 00:00:00
Bangladesh taka (BDT) depreciated marginally by 0.08 per cent against the US dollar during the last two working days despite buying of the greenback by the central bank from the commercial banks."The local currency has depreciated against US dollar based...
FE Report | 2009-03-12 00:00:00
Bangladesh Bank will make efforts to ensure steady flow of remittances from abroad in order to weather any impact from the global economic fallout in Bangladesh's economy."We have taken steps to increase the flow of remittances through official channel," said...
FE Report | 2009-03-12 00:00:00
The country's RMG export may reach US$ 19.72 billion by 2012-13 if a 13 per cent annual growth is ensured in the industry, leading economists said.Bangladesh exported $ 10.7 billion in 2007-08 fiscal year.They predicted that during the period the...
The government came under fire from the High Court (HC) Wednesday for the delay in the passage of the judiciary separation ordinance, reports bdnews24.com.In a suo moto rule, the court questioned the legality of the judicial magistracy after February 24,...
FE Report | 2009-03-12 00:00:00
Finance Minister AMA Muhith has hinted at the possibility of offering a fresh opportunity to legalise undisclosed legal income."Theoretically, I am not in favour of any provision for legalisation of untaxed money. But it can be considered in the present...
The Personal Financial Services, the retail banking section of HSBC in Bangladesh has won the Financial Insights and Innovation Award (FIIA) in the Product Innovation category for the bank's Personal Installment Loan (PIL) product.The award was handed over to HSBC...
FE Report | 2009-03-12 00:00:00
FedEx Corporation is among the world's most admired companies according to a survey published in FORTUNE magazine.Fedex also emerged as the most admired company in the United States.FORTUNE magazine released its annual report on corporate reputation, listing FedEx as No...
SEOUL, Mar 11 (AFP): South Korea's ruling party today proposed an extra budget of about 20 billion dollars to revive the economy, to be financed mostly through state bonds.Grand National Party head Park Hee-Tae said his party would work on...
Khanqueh-e-Shaheed (Quddesa Sirrahul Aziz) Mia Saheb Maidan Khanqueh Sharif at Luxmi Bazar in the old city, recently observed the Holy Eid-e-Miladunnabi with religious fervour, said a press release.Religious discussion, Hamd and Naat-e-Rasul (SM), milad and doa mahfil marking the day...
The Chittagong Chamber of Commerce & Industry (CCCI) and British High Commission (BHC), Dhaka signed a Memorandum of Understanding (MoU) Tuesday to simplify and accelerate the Visa application of the members of CCCI intending to visit UK for business purpose.Mr....
PARIS, Mar 11 (AFP): Migraines in pregnancy could be a clue that a woman is at risk of a stroke, heart disease and blood clots, according to a study published online Wednesday by the British Medical Journal (BMJ).Researchers led by...
FE Report | 2009-03-12 00:00:00
Bangladesh Chamber of Industries (BCI) has urged the government to simplify issuance of environment certificates for the industries.Leaders of the BCI led by its president Mr. Shahedul Islam (Helal) made the appeal when he met Advocate Mostafizur Rahman, State Minister,...
Despite setting up monitoring cells in Power and Energy Ministry, no substantial improvement is visible in the power and gas supply situation across the country, reports UNB.The country has been experiencing more than 2000 MW power shortage and about 200...
The nation Wednesday mourned the two senior army officers, including Jessore's GOC, who died in Monday's helicopter crash in Tangail, report UNB and bdnews24.com.Maj Gen Rafiqul Islam, general officer commanding of Jessore-based 55 Infantry Division, and pilot Lt Col Shahidul...
B League champions Dhaka Abahani Limited made a flying start in the much-talked-about Citycell Super Cup Football 2009 outplaying Rahmatganj MFS by 3-0 goals in the inaugural match at the Bangabandhu National Stadium in Dhaka Wednesday, reports UNB.Nigerian striker Emeka...
GAZIPUR, Mar 11 (UNB): District BNP leaders Wednesday demanded the expulsion of BNP standing-committee member Chowdhury Tanvir Ahmed Siddiqui from the party for his son's derogatory remarks against Khaleda Zia and her senior party colleagues in his presence.They placed their...
Our Correspondent | 2009-03-12 00:00:00
CHITTAGONG, Mar 11: A skilled manpower equipped with modern education and technical knowledge is needed for preserving the vast field of fisheries resources lying in the Bay of Bengal to help provide people's nutrition, alleviating poverty, creating employment facilities and...
BEIJING, Mar 11 (Xinhua): The worsening economic situation in Eastern Europe has stirred up worries that it could spread to the western part of the continent, or even pose new systematic threats to the rest of the world, two Chinese...
BRAHMANBARIA, Mar 11 (UNB): A man was killed and another 10 were injured in a bloody clash between two groups over a boundary demarcation at Tekanagar village in Nasirnagar Upazila Tuesday.The deceased was identified as Faiz Mia (35), of the...
An inadvertent mistake took place in the front-page story titled 'Jessore GOC, pilot die in copter crash' carried in Tuesday's issue of The Financial Express. In the last para of the UNB story that continued to Page 7, the name...
BAGHDAD, Mar 11 (AFP): Two major bombings in two days in Iraq have left scores of people dead and sparked new security concerns as United States (US) forces prepare to pull out.Confident statements from the Iraqi government and the US...
LankaBangla recommends 15pc cash, 15pc stock dividendsThe board of directors of LankaBangla Finance has recommended 15 per cent cash and 15 per cent stock (15 shares per 100 shares held) dividends for the year that ended on December 31, '08....
FE Report | 2009-03-12 00:00:00
Metropolitan Chamber of Commerce and Industry (MCCI) has placed a set of proposals for fiscal 2009-10 budget asking for trade and industry friendly fiscal measures to assist the productive sectors survive the current crisis."Though the country is fortunate not to...
Pubali Bank Training Institute arranged a workshop for the officers of the bank on 'Business English and writing skills' in the city recently.Pubali Bank Managing Director Helal Ahmed Chowdhury was present as chief guest of the workshop held at the...
LUMPUR, Mar 11 (AFP): Palm oil prices are unlikely to reclaim last year's record levels any time soon, Malaysian conglomerate Sime Darby, the world's largest listed palm oil producer, said today.Crude palm oil prices (CPO) plummeted from a peak of...
The inauguration ceremony of six-day foundation training on general banking for the trainee cash officers of Southeast Bank Limited (SEBL) was held at bank's training institute in the city recently.Deputy Managing Director of the bank Syed Imtiaz Hasib, after welcoming...
Israeli airstrike hurts two | 2009-03-12 00:00:00
Palestinians in GazaGAZA, Mar 11: Two Palestinians were wounded early Wednesday when Israeli warplanes fired rockets at the border line between the Gaza Strip and Egypt, medical sources said. Mu'awia Hassanein, director of emergencies at the health ministry, said two...
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