Two more chartered aircraft will arrive in Dhaka today (Wednesday) to strengthen the ramshackle, dwindling fleet of Biman Bangladesh Airlines that loses millions of taka to management flaws. The two 737-model 189-seater aircraft had been chartered from Istanbul-based Pegasus Airlines,...
The government will soon declare Broadband Policy-2008 (proposed) with a view to providing internet facilities quickly and cheaply to the people. Chief Adviser's special assistant for Telecommunications Brig Gen M A Malek (retd) disclosed this Tuesday while inaugurating the website...
Siddique Islam The flow of inward remittances fell by 17.40 per cent in October compared to the previous month mainly due to the decline in exchange rates of the Euro and the Great Britain Pound (GBP) against the US dollar.The...
M Azizur Rahman A three-member Bangladesh delegation led by foreign secretary Touhid Hossain left Dhaka in the late hours of Tuesday for talks with the Myanmar counterpart to resolve the dispute over demarcation of maritime boundary, officials said. "We will...
FE ReportLocal shipping agents are found to be very much concerned over the recent developments relating to the awarding of licence to a 100 per cent foreign-owned shipping line to operate as a shipping agent by the Chittagong Customs House...
FE Report Bangladesh has made a routine payment of around US$500 million to the Asian Clearing Union (ACU) against imports for the September-October period of the current year, officials said. The payment pushed the foreign exchange reserve down to $5.10...
FE ReportThe country's exports in the first two months of the current fiscal marked a hefty 42.85 per cent growth compared to the corresponding period of the previous fiscal despite the global financial tsunami that hit many developed economies.According to...
RRP Metals in a legal notice (sent through Mosharaf Hossain, advocate, Bangladesh Supreme Court) protested against a news item published in The Financial Express (FE) October 25, 2008 under the headline 'Indian Ship breaking Co. involved in metal smuggling from...
FE Report IFC, a member of the World Bank (WB) Group, has hosted eight capacity-building workshops for journalists, government officials, private sector businesses and financial institutions, as part of an effort to introduce sustainable finance to the Bangladeshi market. Sustainable...
The Election Commission (EC) has awarded registration certificates to seven political parties including Bangladesh Nationalist Party (BNP) and Jatiyo Party (Ershad) until Tuesday, reports UNB.Registration of political parties was introduced for the first time to take part in the national...
FE Report As a part of its annual incentive programme, Kuwait Airways honoured top passengers and cargo agents for their outstanding sales performance at a Gala Ceremony held recently in the city, says a press release.A total of 20 agents,...
THE news that neighbouring Myanmar has arbitrarily deployed four ships for exploring oil and gas inside Bangladesh maritime boundary under the protection of its naval warships would come as both shock and surprise to most Bangladeshis. It was only recently...
Kamruzzaman KhanThe government had formed an expert committee for a 'final' set of tests on the 'eight' brands of imported milk powder alleged to be tainted with melamine. The latest tests involving the 'tainted' powdered milk were reportedly carried out...
Tina HaiderBangladesh is already the most densely populated country in the world with its total area of 55,598 square miles (143,999 kilometres). In this small landmass of 55,598 square miles its population is now about 150 million people. In 1971,...
FOURTEEN persons died in Bogra and adjoining areas after drinking spurious liquor or liquor laced with industrial alcohol. From time to time we hear of such tragic news. Action is taken against those who sell this poisonous liquor but after...
Divorce is a social malady. The frequency of divorce is rising in our society more than before. It has been shown through various studies that its frequency is higher in the urban areas than in rural backwaters. In Chittagong, a...
THE Dhaka Metropolitan Police (DMP) has banned honking in the capital city several times. But the drivers as well as the owners keep on ignoring the ban. No driver pays any attention to the notices or traffic signs that proclaim...
Khaled Mahmud RaihanThe most talked about issue in the recent financial arena is the global financial crisis which started to show its effect in the middle of the year. The turmoil, however, is rooted in the sub-prime mortgage crisis that...
K Atique -e- RabbaniBorn in plenty she gave everything and took nothing. There is nothing but fondest of memories and a gaping emptiness. She was to us - a gift from the heavens. The only daughter and second child of...
FE ReportThe Real Estate and Housing Association of Bangladesh (REHAB) received spot orders worth Tk 110 crore at the two overseas housing fairs it recently organised in the United States. REHAB considers it a good achievement in the context of...
Lalin FernandopulleGlobal financial crisis will hit construction industry - ICTAD chairman.He said with the melt down effect of the crisis on many foreign banks investments on housing and large constructions will decline."Despite many challenges the construction sector recorded a nine...
Ross ClarkWhen the economy sneezes, goes the old adage, the construction industry catches a cold. And with the economy going down with double pneumonia, there should in theory never have been a better time to hire a builder. It is...
Ng Baoying and Nicholas Fang Singapore's economy will see below-trend growth next year due to the continued impact of the global financial crisis and credit crunch, according to the Monetary Authority of Singapore (MAS).The central bank said in its latest...
Matt WoolseyAfter achieving a flashy new investment grade rating in May, the Brazilian economy has continued to grow, even as other emerging markets like India and China have succumbed to a global economic slowdown. The only drawback? Things there have...
After the longest, most expensive election campaign in US history, voters are about to elect the 44th president, reports BBC.Republican John McCain and Democrat Barack Obama have returned to their home states of Arizona and Illinois to vote and hold...
A death in the family on the eve of Election Day. After the deftly-worded condolences comes the gently-whispered question: what will be the impact on the race? Or, put another way, what are the politics of this personal bereavement? Certainly,...
Pakistan's president has warned the new head of US Central Command that missile strikes on Pakistani territory are "counter-productive", reports BBC .President Asif Ali Zardari told General David Petraeus that such strikes were detrimental to the "war on terror".Gen Petraeus...
Hunt for missiles after SKorean jets collide SEOUL, Nov 4: South Korea's air force was hunting for live missiles after two jet fighters collided north of Seoul Tuesday, the defence ministry said. Two F-5E jets brushed against each other during...
Parliament in Iran has voted to sack Interior Minister Ali Kordan after he admitted a degree he said he obtained from Oxford University was a forgery, reports BBC.Mr Kordan said he had received the doctoral certificate in good faith, but...
BRUSSELS, Nov 4 (AFP): The worst financial crisis for generations has driven the EU economy into recession and economic growth will come close to a standstill in 2009, the European Commission warned yesterday. The 15 countries sharing the euro have...
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