THE Finance Minister announced on Sunday an interim stimulus package for a few specific export sectors hit hard by the current global recession, in addition to an increase in subsidy to agriculture and power sectors and further expansion of the...
Nerun YakubA 16-member committee was named in the first week of April, which is to meet soon to work out a 'time-worthy quality education policy' within the next three months. At least two of the professors were heard recently at...
Ahmed SobhanTHERE was a time in antiquity when the finest cotton produced in the present territories of Bangladesh was spun into the finest fabric, the fabled Muslin cloth, that royalty in Europe preferred to use to make their attires. Thus,...
I would like to draw the kind attention of the general readers in particular the lawmakers of the country, to Section 18(3) of the Arthorin Adalat Ain 2003 (Ain). This is a bad Law as it discourages the investors to...
THE last caretaker government gave the long-awaited law for upazila polls. Upazila (sub-district) are administrative units meant only for promoting local development and governance. The upazila chairmen need the powers for which they were elected.But recently the upazila chairmen's powers...
THE recently passed Upazila Parishad Act made the local government unit a lame duck body. The government ignored the advice of the intelligentsia in making the law.Now it is trying to cancel the lease of the cantonment house of Khaleda...
Syed Masroor Hussain Shah, Ph.DLIFE and learning have an inseparable relationship. All living beings have to learn how to live. Humans as thinking beings have to keep the window of their mind open to see, observe, learn and apply. Much...
Jorge Heine and Ramesh ThakurWHEN, after his sixteen-month arrest, General Augusto Pinochet was sent back from London to his native Chile, Geoffrey Robertson, a constitutional lawyer, was asked whether it was likely the general would spend any time behind the...
Md. Ashraf HossainTHE commerce minister recently said that the proposed three-year import policy of the government would impose restrictions on the import of powdered milk. I would like to draw the attention of the government to reconsider the situation from...
Mahammad RazaAsia has the world's highest concentration of two and three wheelers, both in absolute terms and as a fraction of overall road vehicle population. In many Asian cities, these vehicles account for 50% to 90% of the total vehicle...
NEW DELHI, Apr 20 (PTI): The World Bank has said that it is considering to raise the borrowing limit of individual countries, an issue which was pressed by India at the G-20 meeting in London to increase flow of funds...
GUWAHATI, Apr 20 (PTI): In the backdrop of a grave global financial crisis, India's economic growth is expected to be in the range of 6.5-7 per cent in the current financial year, Prime Minister Manmohan Singh yesterday said here in...
TOKYO, April 20 (AFP): They made their money with sex, drugs and gambling but then invested much of it in high finance. Now Japan's yakuza have their back to the wall as the economic crisis takes aim. Just like the...
MELBOURNE, April 20 (AFP): Prime Minister Kevin Rudd conceded for the first time today that Australia was heading for a recession, saying it was inevitable in the current global downturn. "The worst global economic recession in 75 years means it's...
BEIJING, April 20 (AFP): China's sovereign wealth fund is considering investments in Europe, the head of the 200- billion-dollar organisation was quoted as saying in the Financial Times today. Lou Jiwei, chairman of the China Investment Corporation, said the fund...
The 71st meeting of the executive committee of the Takaful Islami Insurance Limited was held at its head office in the city recently, said a press release.The chairman of the committee Anwar Hossain Chowdhury presided over the meeting. The meeting...
VIENNA, Apr 20 (AP): Expectations that a slew of new U.S. corporate earnings reports could temper optimism about global economic recovery pushed oil prices below $50 a barrel Monday. Benchmark crude for May delivery fell $2.06 to $48.27 a barrel...
Our CorrespondentCHITTAGONG, Apr 20: The work of providing gas connection to the industrial units of Chittagong region has resumed after around two years suspension.Bakhrabad Gas Systems Ltd (BGSL) is providing gas connection on the basis of the priority list by...
TOKYO, Apr 20 (AFP): Japanese high-tech giant Hitachi Ltd. may seek a government loan to help it cope with massive losses caused by the economic downturn, its new president said today. Hitachi, which is bracing for an annual loss of...
Walton, country's largest electrical, electronics and automobile products' brand of RB Group inaugurated its exclusive showroom M/S Nayan Electronics at Hazi Mohshin Road in Nilphamary recently, says a press release. Director of Walton Ilias Kanchan inaugurated the showroom. Upazilla Chairman...
ROME, Apr 20 (Xinhua): China has urged the international community to take joint actions to meet "mighty challenges in bolstering food security and fostering stable agricultural development," said a Chinese official at the Group of Eight (G8) agricultural meeting yesterday....
The prices of soybean and palm oils have been fixed at Tk 73 and Tk 59 per kg respectively at mill gates, as the government and Edible Oil Refiners' Association (EORA) have agreed to keep the prices of edible oil...
The 9th and 10th annual general meetings (AGM) of the Premier Bank Limited were held at the Bangladesh-China Friendship Conference Centre in the city Monday. Chairman of the bank HBM Iqbal presided over the meeting. The bank approved 7 per...
FE ReportA new initiative should be designed to ensure "productive investments" of remittances as well as ensure the reintegration of the returned migrants who lost jobs in the overseas market due to the global recession.Nearly 23000 Bangladeshi workers returned home...
FE Report The inter-bank call money rate was steady Monday due to highly comfortable liquidity in the market. The US dollar, however, fell against Bangladesh taka (BDT) in the inter-bank foreign exchange market with excess inflow of greenback, fund managers...
Our CorrespondentCHITTAGONG, Apr 20: There is no alternative to e-commerce in creating global demand for local products.Export Promotion Bureau (EPB), Chittagong Regional Director Md Golam Mostafa said this in his address of welcome at a seminar on 'E-Commerce in export...
National Bank Limited (NBL) recently renovated and decorated its Dinajpur branch to provide better services to the clients in better environment, said a press release.
FE Report The first ever Bangladesh remittance fair will be held on April 26-28 in Chittagong and on April 30-May 2 in Sylhet, said a press release. The fair will be jointly organised by Dhaka International Exhibition Company Limited (DIEC)...
LONDON, Apr 20 (TransWorldNews): The London Stock Exchange admitted today seven new iShares ETFs, taking the total number of ETFs on the Exchange to 200. First launched in 2000, the ETF market in London has continued its strong expansion in...
HONG KONG, Apr 20 (AFP): Asian markets edged higher today as investors prepared for the release of company reports as well as government data that could illustrate the extent of the global financial crisis. Earlier losses were clawed back as...
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