The government formed a Science and Technology Promotion Trust aiming to popularise science at grassroots level through various promotional activities across the country. In this regard, Chief Adviser Dr Fakhruddin Ahmed has approved a draft following an initiative of the...
The government formed a Science and Technology Promotion Trust aiming to popularise science at grassroots level through various promotional activities across the country. In this regard, Chief Adviser Dr Fakhruddin Ahmed has approved a draft following an initiative of the...
FE ReportGarment factory owners sought cooperation from the banks to solve the problem of salary and bonus payment to the garment workers within the stipulated timeframe set by the government.Earlier, the government urged the factory owners to pay the due...
FE ReportPrices of spices have soared in the local markets ahead of the Eid-ul Fitr festival.Market operators said spices have become expensive as their prices have gone up in the international markets and local transportation cost has risen."Since the weather...
FHM Humayan KabirThe Implementation Monitoring and Evaluation Division (IMED) has turned down a request for waiver of the Public Procurement Regulation (PPR) provision for the appointment of a consultant by the Asian Development Bank (ADB). The consultant will be appointed...
S M JahangirThe International Monetary Fund (IMF) has finally soften its stance on merger of the existing two large taxpayers' units (LTUs) - one for income tax and the other for value added tax (VAT).Rather, it is convinced of the...
Doulot Akter MalaThe energy ministry recently requested the government to waive the provision of tax-on-tax to salvage the Petrobangla, which is reeling under financial constraints due to mismatch between the procurement and selling prices of fuel.The ministry requested the National...
FE Report The International Telecommunication Union (ITU) has deployed 30 satellite terminals to help restore vital communication links in remote and underserved areas of Bangladesh, which has recently been ravaged by floods, an ITU press release said. Since the start...
FE Report City people have started heading home by all modes of transportation to celebrate the biggest Muslim festival -- Eid-ul-Fitr.All the bus terminals, launch terminal and train stations were crowded Wednesday with the home-bound passengers. But the rush of...
FE ReportThe government is ready to name chief executives for Sonali and Janata banks soon, ending the battle for securing the top posts of the two state-run entities."We've almost finalised selection of two persons to head Sonali and Janata," a...
Gerhard Ertl of Germany won the Nobel Prize in chemistry for research that increased scientists' understanding of how to clean car emissions and limit damage to the earth's protective ozone layer, according to Bloomberg. Ertl's work in surface chemistry helped...
Retailers have hoarded soft drink Coca Cola and Sprite supplied at reduced price during the Ramadan for windfall profit after the Eid day, reports UNB. Tabani Beverage slashed the price by Tk 10 to Tk 40 of 1.5 litre bottle...
Saudi Arabia's Prince Bandar, the would-be buyer of state-run Rupali Bank Ltd, is aiming to close the deal by November, a top aide to the prince said Wednesday, reports bdnews24.com. "To expedite this, a royal Saudi team comprising senior business...
The making of good -- and timely -- policies or readjustment or correction, amendments or extension thereof, are very important in the economic context of a country. The policy-related exercises are crucial to set the economy on a right track...
Ghulam MohammadTHERE are many people in Bangladesh of small means who would want their money to grow. They want to invest their money to this end but find no feasible outlets. Entrepreneurship is no doubt preferred as a way of...
Jo JohnsonPAYING villagers to dig holes and break stones is easier than undertaking the reforms that create sustainable jobs. Anyone who believed Rahul Gandhi's elevation to the rank of Congress general secretary signalled a push to "reinvent and modernise" India's...
Heba Saleh from CairoSAUDI reformers, businessmen and lawyers have welcomed a royal decree overhauling the country's archaic judicial system and allocating $2.0bn (£1.0bn, €1.4bn) for building courthouses and training judges.The Saudi system, administered by conservative judges trained in Islamic law,...
THE protection of the vital interests of consumers has been a long lingering unaddressed issue in Bangladesh. Asked to give their opinion on what things affect them most or is of great concern to them, there is no doubt that...
REPORTS about fishes being bred in sewer lagoons and marketed with unsuspecting people consuming the same day after day, appeared in the media some months ago. Law enforcement personnel then took some actions for the first time since this practice...
Dr. M. Azizur RahmanTHE economy of Bangladesh has been suffering from a double-digit inflation. A shortage of oil production or energy crisis world-wide, increase in energy prices and cost-of production in combination with a demand-pull inflation from expansionary economic policies...
Dr K. M. Nabiul Islam in the first part of a four-part articleFLOODS are important sources of disaster in Bangladesh. A total of 28 major river floods occurred in the past five decades. Flat topography, heavy rainfalls, geographical location, trans-boundary...
Andrew EnglandRISING drilling and riggings costs, combined with shortages of skilled personnel and equipment, are affecting hydrocarbon projects throughout the Middle East, with some being delayed and other contracts being renegotiated.Producers in the region, from Libya to Saudi Arabia, have...
GENEVA, Oct 10 (AFP): The World Trade Organisation (WTO) is expected to break its own rules by not holding a ministerial conference in 2007 given the low chances of securing a global trade deal by the year's end, trade sources...
SEOUL, Oct 10 (AFP): South Korea may improve its tariff concessions during next week's talks with the European Union to try to give the free trade negotiations fresh impetus, the commerce ministry said today. Talks began in May but the...
WASHINGTON, Oct 10 (AFP): The Federal Reserve's half-point rate cut last month came amid evidence of an "exceptionally weak" housing sector and risks of wider economic problems into 2008, minutes released yesterday showed. The minutes from the September 18 Federal...
BEIJING, Oct 10 (AFP): China has hit back at US criticism over safety problems in its products, saying nearly two per cent of American exports to the Chinese market are flawed, the Asian Wall Street Journal reported today. From January...
ISLAMABAD, Oct 10 (APP): Around Rs350 billion have been collected through 20 privatisation transactions during last three years.This was 72 per cent of the total amount (Rs475 billion) realised from privatisation since the Privatisation Commission was established around 16 years...
SINGAPORE, Oct 10 (AFP): Singapore's economy powered to 9.4 per cent growth in the third quarter, within market forecasts, putting it on track to meet the government's full-year targets, the trade ministry said today. Gross domestic product grew 9.4 per...
FRANKFURT, Oct 10 (AFP): The International Monetary Fund (IMF) has lowered its 2008 global growth forecast to 4.8 per cent from a previous estimate of 5.2 per cent, German sources told the news agency yesterday. The IMF slashed its estimate...
DUBAI, Oct 10 (PTI): Sri Lanka has set the minimum wage for its citizens employed as domestic workers overseas at USD 250 per month in an effort to stop employers from exploiting them. "The new wage scale will come into...
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