FE Report The inter-bank call money rate remained steady against stronger demand for cash, as the central bank injected large amount of fresh fund through repurchase agreement (repo). The US dollar was also stable against Bangladesh taka (BDT) in the...
BOMBAY, Dec 4 (Bloomberg): India's Sensitive index rose, led by banks, on speculation the government will announce measures to counter the economic slowdown.India may announce a 750 billion-rupee (US$15 billion) plan to boost growth by the end of this week,...
Sales of Walton brand electronics is getting momentum, specially 'Walton fridge' as the company offered special discount on their products ahead of Eid-ul Azha, says a press release.According to the company source the offer will continue till December 09 at...
WASHINGTON, Dec 4 (AFP): US job losses accelerated in November while German car sales skidded, according to the latest batch of data Wednesday that added to worries about the global economic outlook. Brazilian mining giant Vale became the latest to...
BRAC Bank Limited has inaugurated its Small and Medium Enterprise (SME) Service Centre at Zamila Mansion (2nd Floor) on the TA Road (Kandipara) in Brahmanbaria.Acting Chief Information Officer and Head of Operations of the bank Shah Alam Bhuiyan formally inaugurated...
Shakhawat Hossain The Bangladesh Bank (BB) said a major weakness of the local capital market is its inability to reflect the company fundamentals adequately.The danger of insider trading in manipulating market prices has been identified by the BB as another...
FE Report The flow of inward remittances increased by over 18 per cent in November over the previous month due to the upcoming Eid-ul-Azha festival, officials said. The remittances from Bangladeshi nationals working abroad were estimated at US$767.35 million in...
The two-day scrutiny of nomination papers ahead of the December 19 parliamentary election ended Thursday with cancellation of over 200 nominations on various charges across the country, reports BSS. The candidates will, however, have the opportunity to appeal to the...
Xian Zhu and Zahid HussainThe world is in the midst of a historic economic crisis - a crisis that threatens to undo the hard-won gains in growth and development of the past years. Coming on the heels of the food...
The High Court Thursday declared "illegal" the trident sections of the Emergency Power Rules (EPR) that deny people's right to seek bail or challenge any order under the emergency ordinance, reports UNB. As per the triple-bar any accused booked under...
FE ReportRenowned economist Dr. Wahiduddin Mahmud said Thursday food security and democratic political governance are closely linked in a country like Bangladesh. A stable political environment is essential in Bangladesh as it can play a key role in making the...
FE ReportDhaka stocks closed slightly higher for the second straight day Thursday on the eve of the Dhaka Stock Exchange's (DSE) nine-day closure starting today (Friday) on the occasion of the Eid-ul-Azha festival and weekend holidays.The benchmark DSE General Index...
Ganotantri Party president Nurul Islam succumbed to his fatal burn injuries at the Dhaka Combined Military Hospital (CMH) Thursday, a day after his son was burnt to death in a fire incident in their Lalmatia residence, report UNB and BSS....
At least six people, including three children, were killed and another six received severe burn injuries in a devastating fire that burnt down a plastic factory at Islambag of Lalbag area in Old Dhaka on Thursday afternoon. The victims were...
Jasim Uddin Haroon The size of the imported spice market stands over Tk 5.0 billion a year despite a significant fall in the international prices. The main imported spices include cumin seed, ori, cloves, cardamom and black pepper. Around 10...
Doulot Akter MalaThe National Board of Revenue (NBR) will publish a list of polls aspirants who are not taxpayers' but intend to participate in next national and Upazila elections. The Board is now collecting information about the polls aspirants across...
The Election Commission (EC) would abide by the High Court (HC) orders on defaulters, as the Commission has decided not to appeal against the verdict due to time constraint, reports UNB. "We'll accept the High Court verdict because we don't...
From Fazle RashidNEW YORK, Dec 04: The world of knowledge and letter are feeling the pinch of the economic downturn which is not likely to end anytime soon. Beige Book which offers the economic scenario based on anecdotal evidence said...
Bangladesh Telecommunication Regulatory Commission (BTRC) has published a draft guideline to obtain licence for setting up and conducting submarine cable, reports BSS. The guideline is available on BTRC website - www.btrc.gov.bd, and any person or organisation can give opinions on...
VIENNA, Dec 4(AP): Oil prices sank Thursday to lows last seen nearly four years ago as more bleak news from the world's largest economy boosted views that crude could tumble below $40 by the end of the year.After sinking more...
Rajshahi Division recorded their 5th outright victory in the 8th round match on the 4th and final day of the four-day Ispahani Mirzapore Tea 10th National Cricket League beating Dhaka Division by nine wickets at Sher-e-Bangla National Stadium in the...
Chittagong Mohammedans forced Dhaka Mohammedans to play a goalless draw in the lone match of the Citycell 2nd B League at the Bangabandhu National Stadium (BNS) in the city Thursday, reports UNB.This was the fourth draw for Dhaka Mohammedans after...
England captain Kevin Pietersen insists he did not have to persuade any of his Test squad to fly back to India following the Mumbai terror attack, BBC reports. Before boarding a flight to England's holding camp in Abu Dhabi, he...
SYDNEY, Dec 4(AFP):Six of the top ten ranked women's players and five of the men's top 20 stars are confirmed to play in next month's Sydney International, organisers said today. Nine-time grand slam winner Serena Williams and world No. 6...
India have announced a 15-man squad for the two-Test series against England beginning in Chennai on 11 December, BBC reports. Yuvraj Singh (26), who scored successive centuries in the aborted one-day series with England, is back in the Test squad...
Shivnarine Chanderpaul has said he will look at not only achieving personal goals on the tour of New Zealand but will also be keen to play a major role in West Indies' success as a team, Cricinfo reports. "I want...
MADRID, Dec 4 (AFP): Real Madrid goalkeeper Iker Casillas has rejected a move to big-spending Manchester City, which was ready to pay a world record 150 million euros for the Spanish international, Spanish media said. Under the deal, Casillas would...
Khulna DSA emerged champions in the 29th National Cricket Championship beating Rangpur DSA by 21 runs in the final at Jessore Stadium Thursday, reports UNB.Sent into bat first, Khulna DSA scored 226 runs for six wickets in stipulated 50 overs...
Mahfuza Akter Kiron and her panel swept Women's Sports Federation election held Wednesday, reports UNB.Kiron was elected beating her rival Quamrun Nahar Dana by 10 votes. She bagged 53 votes while Dana got 43. Kiron led panel won in all...
The Ministry of Local Government and Rural Development (LGRD) will take steps by January 30 next to bring transparency in the process of taking up projects and ensure local people's participation in project implementation, reports BSS. The division would also...
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