A new IT partnership has seen the light between Capevo A/S of Denmark and LeadSoft Bangladesh Ltd for developing Internet-based systems for handling sophisticated digital forms, reports UNB.A release of the Capevo said in many countries in the Western world,...
M Azizur RahmanThe government Monday approved a policy allowing the private sector to set up power plants to feed only bulk consumers.The new policy approved at the council of advisers' meeting allows private entrepreneurs to set up individual and joint...
The BNP-led 4-party alliance on Tuesday night decided to join December 29 parliament elections but tagged two tough preconditions to their participation like full lifting of the state of emergency on or before December 11 and the scrapping of section...
Awami League (AL) has accepted the new general election date of December 29 but wants the Upazila polls schedule cancelled, said a party spokesperson on Monday, reports bdnews24.com "The state of emergency must also certainly, certainly be withdrawn ahead of...
FE ReportDhaka stocks returned to the losing streak Monday after sharp rise on previous day in a volatile market.The benchmark index DSE General Index (DGEN) that gained around 30 points in early trading lost 38.12 points to end at 2678.67....
The High Court (HC) Monday declined to issue a stay order on the operation of two Emergency Proclamation Orders 2007 relating to the powers vested in the President, reports UNB.But the HC, upon a Public Interest Litigation (PIL) writ petition,...
FE ReportThe goal of sustainable national development cannot be achieved without reducing regional disparity in the country, Finance and Planning Adviser A B Mirza Azizul Islam on Monday said. He was speaking at a dialogue on "Regional Disparity in Bangladesh:...
FE ReportThe US-based Chevron Bangladesh will start conducting seismic survey in Block 7 from next month to delineate potential gas reserves and initiate subsequent exploration, officials said Monday.The company will continue the two-dimensional (2D) survey until mid 2009 in the...
From Fazle RashidNEW YORK, Nov 24: Coinciding with the announcement of the appointment of Tim Geithner to the all important post of the Treasury Secretary, President-elect Obama will unveil today his economic rescue plan to retrieve the country's economy caught...
The government will buy a rig for BAPEX to enable the state-owned company to do hydrocarbon exploration on a larger scale on its own -- a longstanding suggestion by national energy experts and stakeholders, reports UNB.Under another decision taken by...
THAKURGAON, Nov 24: A court here Monday convicted three people and sentenced them to death for killing three BDR members in 2004. The convicts are -- Yunus Ali, his younger brother Raju Islam and Raju's friend Raju Hossain. The court...
The Meghna Bridge on Dhaka-Chittagong Highway was opened to traffic Monday evening after the completion of the month-long repair works. The emergency repair works on 13 expansion joints of the Meghna Bridge began on November 5 and was scheduled to...
BNP Chairperson Khaleda Zia will enroll as voter today or tomorrow, one of her close associates said Monday. Khaleda had refused to be a voter when she was in prison. Election officials said the last date for enlisting as voter...
FE ReportChairmen and chief executive officers of the country's commercial banks Monday assured the readymade garment (RMG) exporters of continuing credit support.The assurance came at a meeting between the bankers and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).Moderated by...
Siddique Islam A financial institution and a non-government organisation (NGO) have sought permission from the central bank to float zero-coupon bonds and asset-backed securities worth Tk 9.0 billion to strengthen their financing capacity. The Industrial and Infrastructure Development Finance Company...
Shakhawat HossainThe commerce ministry will attach special priority to the food safety issue in the country's new import policy in the wake of controversy over imported Chinese melamine tainted powdered milk, officials said Monday.The ministry will prioritise the safety issue...
FE Report Around 500 vegetable exporters are facing difficulty in making shipment of the kitchen items to Europe due mainly to sharp fall of pound sterling and euro, coinciding with higher freight cost, vegetable exporters told the FE Monday. Following...
PROPER functioning of the free market from the interactions of supply and demand does translate into a fair deal for consumers in most circumstances in all respects. But free market principle also ought not to mean a complete hands-off policy...
Shamsul Huq ZahidCountry's pharmaceutical sector, which used to be dominated by the foreign pharmaceutical companies before the promulgation of the Drug Control Ordinance in 1982, has achieved impressive as well as enviable growth over the last two and a half...
Ahmed Showkat MasudTHE world has been witnessing a difficult economic recession. The USA and the European Union (EU) are in the centre of world economic system. In an economy like ours, banks play a role of intermediaries.But in the USA,...
It is ironic that even many of Pakistan's best educated persons have a rather confused view of the future. A survey was carried out sometime back by a US-based research group. They put their question among a large number of...
COX'S Bazar is one of the most popular districts in Bangladesh, and for an international vacationer, a trip to Bangladesh can never be complete without seeing the lovely Cox's Bazar attractions. Being one of the most beautiful and pristine lands...
Md. Dilwar Hossain Bhuiyan"THOUGH I was married at a very young age, I always knew that I was made for some thing more." This is how Shahnaz Hossain, one of the world's greatest woman entrepreneurs expresses herself when she tells...
A. B. M. Nurul HuqINDIA, Pakistan and subsequently Bangladesh inherited Insurance Act, 1938. While India and Pakistan and even Srilanlka have replaced and modernised this Act long before, it has long been felt in Bangladesh that many provisions of the...
MOGADISHU, Nov 23 (AFP): Somali pirates holding an oil-laden Saudi super-tanker will fight back should any military intervention to free the ship be attempted, a member of the pirate group told AFP Saturday from the coastal village of Harardhere."I hope...
Heavy users of mobile phones are 50 per cent more likely to develop cancer of the salivary glands, according to a new study conducted by researchers at Tel Aviv University, according to NaturalNews. Researchers studied 500 Israelis who had tumors...
Thousands of protesters have gathered in the Thai capital Bangkok for what they call a "final battle" in a six-month campaign to oust the government, reports BBC.Demonstrators gathered at Government House, where protesters from the People's Alliance for Democracy (PAD)...
The Dalai Lama has urged his fellow Tibetan exiles in India to improve contacts with ordinary Chinese people, saying he has always had faith in them, report agencies. By contrast, he argued, the Chinese government remained repressive in Tibet and...
Tight security as second stage Kashmir elections begin GANDERBAL, (India), Nov 23: Hundreds of voting stations were opened Sunday for a second stage of state elections in Indian Kashmir as thousands of troops provided tight security, officials said. The voting...
NEW DELHI, Nov 23 (AFP): Pakistan President Asif Ali Zardari said he was in favour of a no-first-use policy on nuclear weapons, a stance already announced by neighbouring India. "Most definitely," Zardari said Saturday evening via videolink from his home...
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