FE Report The global financial hurricane will put "a mild brake" on Bangladesh's growth pattern in the current fiscal, the Asian Development Bank (ADB) warned Friday, hoping the next government will speed up reforms to spur growth and create jobs....
S M JahangirThe government has taken steps to maintain a buffer stock of urea fertiliser to ensure its uninterrupted supply to the farmers during the current 'Boro' cultivation season for the sake of achieving the target of producing 1.8 million...
FE Report The government and the World Bank are locked in a catfight over the future appointment of the chief executive at Rupali Bank as the global lender pushes anew for corporatising the ailing commercial bank, finance officials said last...
Jasim Uddin Haroon Sales of sacrificial animals at the city's makeshift and permanent markets have started amid inadequate supply with the Eid-ul-Azha festival only four days away.The prices of the animals are higher than that of the previous year mainly...
The National Board of Revenue (NBR) has now set its sight on the country's cattle markets ahead of Eid-ul-Azha as part of its intensified drive against tax evaders, reports UNB. The revenue board thinks that the rich and upper class...
Ganotantri Party President Nurul Islam, who died in the city Thursday after 36 hours' intense fight for life, was laid to eternal rest at Mirpur Shaheed Buddhijibi (martyred intellectual) graveyard with full state honour, reports BSS. Earlier, a contingent of...
US Congressman Joseph Crowley said the upcoming election holds a great potential for Bangladesh, as it was time to return power to the people, reports BSS."Bangladesh could perhaps take some idea from 'Obama playbook' to strengthen democratic process in the...
Making a U-turn, Chief Election Commissioner Dr ATM Shamsul Huda Friday said there will be no code of conduct for mass media to cover the coming elections as the Election Commission (EC) found it hazardous at the moment, reports UNB....
LONDON, Dec 5: Oil fell toward $42 a barrel Friday, sinking to its lowest level since January 2005, after a US government report showed more than half a million Americans lost their jobs last month. US employers axed payrolls by...
All commercial banks have been instructed to keep open all branches or specific branches today (Saturday) after taking necessary security measures to facilitate transactions ahead of Eid-ul-Azha, said Bangladesh Bank (BB) in a circular. Besides, branches of different banks at...
The depression over the southeast Bay and adjoining areas moved slightly west-northwestwards over the last 12 hours, a Met office special weather bulletin said. The depression was centred about 1650 kilometres south-southwest of the Chittagong Port, 1560 km south-southwest of...
FE ReportBangladesh Bank governor Dr Salehuddin Ahmed inaugurated Thursday the real time online banking system of the NCC Bank Limited saying automation in banks is essential to delivery quick services to customers.Speaking as chief guest at a city hotel the...
Doulot Akter MalaThe government has decided to set up an automated duty exemption and drawback office (DEDO) aiming to reduce time on collection of bill of entry from the customs house across the country.The decision was taken at a meeting,...
FE Report Trade unions represent only 4.0 per cent of the country's total labour force of 47.4 million, said a Bangladesh Bank report.Although labour unions are often considered as a major source of labour market rigidities, they represent a small...
FE ReportDhaka stocks edged higher amid dull trading in the week that ended Thursday after heavy losses in the previous two straight weeks. The benchmark DSE General Index gained 3.46 per cent or 85.18 points, to close at 2544.66 on...
NEW DELHI, Dec. 5 (Agencies): India cut retail fuel prices for the first time since February 2007, joining other Asian nations in lowering energy costs, after global crude oil prices slumped from a record and economic growth slowed. Gasoline prices...
FHM Humayan Kabir back from SwedenDemand for Bangladeshi garments in Sweden is growing gradually as the consumers, facing hardship following the financial downturn in Europe, are preferring cheaper goods, businessmen said."Now-a-days consumers look for cheap garments. Since the Bangladeshi products...
Many eligible candidates have been left out of the polls race because of the tough new electoral laws, the BNP Secretary General Khandakar Delwar Hossain has complained, reports bdnews24.com. "A number of otherwise competent candidates are being deprived of the...
BNP chairperson and former premier Khaleda Zia and Bangladesh Awami League president and former premier Sheikh Hasina Friday greeted the countrymen on the occasion of the 'Democracy Day', reports BSS.In a message on the eve of the day, Khaleda Zia...
Jatiya Party (JP) Friday announced the name of 47 candidates out of a total of 50 seats allocated to it as nominees of the 14-party grand combine to contest the upcoming ninth Jatiya Sangsad polls, reports BSS.The rest three seats...
The people of the country are only hoping that things would change for the better and the beginning would be made through the forthcoming general election. They are thinking that the events of the last two years, plus exposure to...
Syed Fattahul AlimTo meet its budgetary deficit, the government borrows from both internal and external sources. The internal borrowing is made usually from banks and other non-bank institutions. But the banks are also the sources of credit on which the...
Abul Kalam AzadABOUT 200 people including 22 foreigners were killed and another 300 people were wounded in the recent terrorist attack in Mumbai. The siege was finally ended 60 hours later where the most high-profile target was the Taj Mahal...
THERE was an action by militants in Dhaka as well, just a few days ago but those people didn't attack other human beings, just a sculpture work near the Balaka cinema hall. The object of their ire was a bunch...
In many countries, the entrepreneurs are allowed the vital level playing field. They are not spoon-fed but government policies at least try to keep them competitive. This means that they are given vital supports in areas where they deserve such...
Mohammad Shahidul IslamSelf-identification in culture and heritage can be a great theme to pride ourselves on as Bangladeshis. For eras, we have been honoured for inheriting more than two thousand-year old civilization. The glorious background we belong to can easily...
Md. Mahbubur Rahman Bulbul MOST functionaries of the important microfinance institutions (MFI) of the world come to Bangladesh for learning ASA's micro finance model because it is cost-effective and very simple. Accordingly, a 15-member Filipino MFI team came to Bangladesh...
ISLAMABAD, Dec 4 (agencies): Pakistan's president has vowed to take "strong action" against any elements in his country involved in last week's attacks in the Indian city of Mumbai,.Asif Ali Zardari made the pledge during a meeting with US Secretary...
OTTAWA, Dec 4 (AFP): Prime Minister Stephen Harper urged Canadians in a televised address Wednesday to reject an opposition bid to oust his ruling Conservatives and install a leftist-separatist coalition without elections."Canadians take pride in our history as one of...
Authorities in Zimbabwe have declared a cholera outbreak that has killed more than 550 people to be a national emergency, state media reports, reports BBC .Health Minister David Parirenyatwa said hospitals were in urgent need of medicine, food and equipment...
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