US Agency for International Development (USAID) Deputy Assistant Administrator for Asia, Ms Margot Ellis, will arrive in the city Sunday for a three-day visit, reports UNB.A release of the US embassy said Ms Ellis' first visit to Bangladesh would provide...
FE Report A group of garment workers went on rampage and damaged over 20 motor vehicles in the city's Mahakhali area Thursday morning following the death of a fellow worker in a road accident. Several hundred workers staged demonstration at...
RANGAMATI, Dec 4 (BSS): A three-day programme on the occasion of funeral of Rajguru Agrabangsha Mahathero, a famous monk of the Chittagong Hill Tracts, has been launched Thursday at the Rajbari compound at the town.The body of the Rajguru will...
The High Court (HC) Thursday rejected a writ petition, filed by the Dhaka city mayor, challenging the notice of Election Commission (EC) disqualifying mayors of city corporations and municipalities from taking part in the general elections as office of profit,...
IT is important to identify the points of strength and weakness in our entire economic system. A small basket of export items, where garment products dominate, and the remittances sent home by the expatriate wage earners, provide us with the...
Enayet RasulSouth Asia, a fast growing area in the economic sense, is about to fall in a ditch. Even amid the worldwide economic gloom, specially in the developed countries, South Asian economies have been maintaining their heads well above the...
Rezina SultanaHE looked thoroughly professional and seemed to be brimming with confidence with his made-to-measure suit and neck tie. He seemed to have the likeness of the ultimately successful go-getting corporate official. But his confidence level started to dwindle as...
BANGLADESH is an important destination for Indian exports. Through such bilateral trade, the businesses in both the countries have otherwise been gaining.The freight costs or per unit costs of the delivery of an Indian product is cheaper for Bangladesh than...
NOT only solar power, it is time to popularise other non-conventional energy sources to reduce dependence on expensive diesel or gas to produce power. It would also reduce external dependence. Besides, alternative energy like solar power, biogas, wind energy and...
Ahmed Hafiz KhanTHE global outsourcing business has seen a tremendous growth in past years. The outsourcing in software and information & communication technology (ICT)-enabled services (ITES) created an immense interest in Bangladesh seeing the success of the developing countries like...
Dr. M. Mizanur Rahman The world economy is in the grip of a financial crisis. The crisis originated in the United States with plunging house prices, stock price declines, and a severe credit crunch (falling credit availability), and then spread...
Mahfuzur RahmanRanju Mia, a spirited young man of a sleepy village in Gaibandha district, still cannot forget the day when he had to stop going to school due to poverty. Things could have been different in his life, had he...
LONDON, Dec 3 (PTI): A senior public policy adviser has predicted that China and India are going to propel the economic growth of the world in the 21st century. Releasing his book 'An Asian Century Manifesto-Global Political Economy of the...
WASHINGTON, Dec 3 (AFP): The US Treasury's new 700-billion-dollar financial rescue programme has serious accountability and transparency problems, a congressional watchdog said yesterday. The Troubled Asset Relief Programme (TARP), which has poured billions of dollars into financial institutions and through...
LONDON, Dec 3 (AFP): The Bank of England (BoE) will slash Wednesay British borrowing costs for a second month running in an bid to spur economic growth as the country teeters on the brink of recession, analysts said. Also Thursday,...
HONG KONG, Dec 3 (AP): China's sovereign wealth fund, which last year poured five billion dollars into Morgan Stanley, is reluctant to plow more money into foreign banks until governments hash out coherent policies to cope with the global economic...
JAKARTA, Dec 3 (AFP): Billionaire Indonesian tycoon Aburizal Bakrie has pulled back from the brink of losing his political and business empire to the global credit crunch, but has come out badly battered, analysts say. Formerly a powerful backer of...
NEW DELHI, Dec 3 (PTI): India's trade with Arab League nations is witnessing rapid growth and could top USD 100 billion in the next four years, Arab League Secretary General Amre Moussa said here yesterday. India's trade with Arab countries...
HANOI, Dec 3 (AFP): Vietnam has announced a stimulus plan worth more than one billion dollars to avoid recession as the global economic crisis bites into its export-led economy, state media reported today. Prime Minister Nguyen Tan Dung approved a...
SINGAPORE, Dec 3 (AFP): Singapore has urged that a summit of the Association of Southeast Asian Nations (ASEAN), postponed until March because of unrest in host country Thailand, be held earlier. "While Singapore understands why the summit has to be...
SINGAPORE, Dec 3 (AFP): Crude prices gained ground in Asian trade Wednesday after slipping to three-year lows on continued demand worries, dealers said. New York's main futures contract, light sweet crude for January delivery, gained 1.10 dollars to 48.06 dollars...
Our Correspondent JOYPURHAT, Dec 3: As a major potato grower district of the country, Joypurhat farmers are facing scarcity for fertiliser and low price of potato.Potatoes will be cultivated in 37 thousand hectares of land in the district and production...
Our Correspondent BARISAL, Dec 3: National Board of Revenue (NBR) Chairman Muhammad Abdul Majid called for lessening dependence on foreign loan and increasing internal resources, appreciated increase of tax payers in southern region even after the severe affect of hurricane...
GENEVA, Dec 3 (AFP): African cotton-producing countries are ready to block any global trade deal that fails to address their interests on cotton, Mali Trade Minister Ahmadou Abdoulaye Diallo said yesterday. "We would say loud and clear that if our...
MUMBAI, Dec 3 (PTI): Gold prices fell sharply by Rs 410 per ten grams to close at Rs 12,600 on the bullion market here yesterday on persistent offerings by stockists triggered by fall in global markets. Silver prices also dropped...
NEW DELHI, Dec 3 (PTI): India has banned trade of rough diamonds with Venezuela following the withdrawal of the south American nation from an international protocol that disallows illegal trade of the precious stone for funding strifes. "The import or...
FE Report Having designated sites for knitwear production will yield a lot of economic benefits including direct employment, export growth and product diversification, extremely needed to stand the sector in good stead amid the stiff global competition, speakers said at...
Our Correspondent CHITTAGONG, Dec 03: Chittagong city Mayor ABM Mohiuddin Chowdhury observed that it had become essential to set up a Circuit Bench of High Court Division in Chittagong to ensure prompt settlement of the Customs and port related complicated...
FE Report The inter-bank call money rate gained ground Wednesday although the central bank injected fresh cash through repurchase agreement (repo), as demand for cash increased ahead of holy Eid-ul Azha. The US dollar raised its lower edge against Bangladesh...
FE Report Bangladesh Krishi Bank (BKB) disbursed Tk 15.47 billion (1547 crore) loan during last five months of the current fiscal year (FY), which was Tk 4.79 billion higher than the amount disbursed during the corresponding period of the last...
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