FE ReportDhaka stocks recorded a sharp rise Wednesday on measures taken by the Securities and Exchange Commission (SEC) to stabilise the market, which saw a bear run for more than a month.The benchmark DSE General Index (DGEN) gained 71.33 points...
Insistence on fulfilling 7-point demand by BNP, meaning allowing its leaders convicted under the emergency power rules to take part in polls, has created a deadlock showing no sign of immediate end toward holding the election set for December 18,...
CHAPAINAWABGANJ, Nov 12: A goods-laden truck ploughed into a roadside teashop at Dhobra Bazar in Shibganj Upazila of the district Wednesday, killing 11 people and injuring at least 12 others. Police said the fatal accident took place at about 7:30pm...
Jasim Uddin Haroon Apartment buyers are showing interest in small sized flats and apartments located in the outskirts of the major cities at the REHAB fair being held in the capital, buyers and realtors told the FE. They are also...
M Azizur RahmanThe power ministry has constituted a committee Wednesday to negotiate with the Powertek consortium, the preferred bidder for the construction of the 450-megawatt (MW) Bibiyana independent power project, over its offered power sales tariff, said officials.The five-member committee,...
FE ReportUnder its newly introduced 'Points Based System' for migration, the United Kingdom (UK) will recruit more skilled migrants from Bangladesh in line with the country's current economic needs.This newly initiated points based scheme and the Tier 2 of which...
From Fazle Rashid NEW YORK, Nov 12: The global economy is entering a slowdown of epic proportions comparable with what was witness during now famous great depression of 1929, the Chief Executive Officer (CEO) of Merrill Lynch said.The gloom continues...
FE ReportThe extended time for submission of income tax returns by individuals expired Wednesday (November 12) without generating much of additional revenue, officials said.Rush of taxpayers was not as much as expected on the last day of tax return filing...
FE Report The United Arab Emirates (UAE)-based Mecca Cola World FZCO has terminated contract with local HRC Group to market its soft drink in Bangladesh, Sri Lanka and Myanmar.It made the announcement in a press release dated November 10."HRC Group...
The government decided to deploy troops across the country for election duty from December 12 to ensure security in the upcoming parliament and upazila elections, being held in close succession in a changed context, reports UNB."The troops will remain on...
Truth and Accountability Commission (Tac) Chairman Justice Habibur Rahman Khan Wednesday said he firmly believes that the activities of the country's administration are not running properly and that it has been plagued by rampant corruption, reports UNB.The whole system would...
Chief adviser Fakhruddin Ahmed will meet Myanmar Prime Minister Thein Sein on the sidelines of BIMSTEC summit in New Delhi to discuss the recent military tension over Yangon's oil and gas exploration in the disputed Bay waters, the foreign office...
The High Court (HC) Wednesday granted bail for two months to three influential ministers of the immediate-past coalition government now in jail - Saifur Rahman of BNP and Matiur Rahman Nizami and Ali Ahsan Muhammad Mujaheed of Jamaat-e-Islami - in...
A three-year comprehensive rural development programme of the government is under implementation beginning this fiscal to generate employment and drastically cut down poverty, reports BSS.The programme, senior officials told the news agency, was designed to improve the socio-economic condition of...
The Supreme Court (SC) has upheld the High Court (HC) ruling of fines or jail in the much-publicised Janata Tower graft case against former first lady Raushan Ershad and others, reports bdnews24.com.A full bench led by Chief Justice MM Ruhul...
TANGAIL, Nov 12 (UNB): Police arrested Azad Siddiqui, leader of Krishak Sramik Janata League, in the town this (Wednesday) evening in connection with a case filed by his wife.
The High Court (HC) Wednesday granted bail for three months to ex-BNP lawmaker M Naser Rahman, doubly convicted of amassing wealth illegally and extortion, reports BSS.A division bench comprising Justice Syed Muhammad Dastagir Husain and Justice Farid Ahmed passed the...
RANGPUR, Nov 12 (BSS): The grassroots level leaders of Awami League (AL) finalised the lists of its party candidates for six parliamentary seats in Rangpur for December 18 general elections through a series of extended meetings, party sources said here...
The 16th death anniversary of Syed Altaf Hossain, founder president of Gonotantri Party, was observed here Wednesday, reports BSS.On the occasion, leaders of the party placed wreaths at his mazar at Jurain Graveyard in the city, a party press release...
It is a piece of welcome news that the tension between Dhaka and Yangon over the rights to hydrocarbon exploration blocks in the Bay of Bengal has partly eased. The South Korean rig that was engaged by Myanmar for off-shore...
Syed Fattahul AlimThe economic recession in the USA and Europe is gradually affecting rest of the globe. Now the speculation is rife over how is the recession going to impact Bangladesh? However, Bangladesh's economy is yet to attain the scale...
Sadek Hossain quoting an article in the Internet, written by Christopher Bollyn THERE is another side to the two letters that I read in your letters column just a few days ago praising and celebrating the victory of Barack Obama...
Mushtaqur RahmanTHE election of Barack Obama is an occurrence that goes beyond the precincts of dreams and the wildest at that. It is the sweetest, the most exhilarating and singularly tantalizing event since man's landing on the moon and America...
THERE are many in Dhaka city and elsewhere in the country who take illegal and unrecorded connections from overhead electricity supply lines to run small workshops, operate rice mills, flour mills, etc. Such operators make good profits from their activities...
THE ninth parliamentary polls under the schedule announced by the Election Commission, will be held on December 18, 2008. The countrymen have welcomed the same as they desperately want to see an elected government with the advent of the new...
Akhter ZamilSOME examples of the nature can be cited about disallowances of claims by the assesses that are frequently made by the Tax officials without explaining their arguments in defending their action. It will be clear from the examples, how...
Md. ShaheduzzamanMY father used to subscribe and read the then Pakistan Observer (later The Bangladesh Observer), the weekly Holiday and the Reader's Digest in particular. It was on his insistence that I started reading newspapers in my High School days....
LONDON, Nov 11 (Reuters): Weak economic readings from China, Japan and Britain and a grim corporate outlook worldwide reinforced fears Tuesday of a prolonged recession, prompting investors to look to a world leaders' summit for solutions.Chinese import growth slowed in...
BOSTON, Nov 11 (AP): Harvard University is considering spending cuts because the economic slowdown may reduce federal grants and the school's substantial endowment, President Drew Faust said Monday.Harvard's endowment posted an 8.6-per cent return and grew to $36.9 billion in...
BEIJING, Nov 11 (AFP): More than 1,300 companies shut down, suspended operations or moved out of south China's Pearl River Delta in the first nine months of the year due to the global downturn, state press said today. The number...
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