Siddique Islam The central bank has revised the underwriting obligations of four primary dealer (PD) banks and a non-banking financial institution (NBFI) in primary auctions of the government securities, which will come into effect from November 1.Under the new provision,...
The government has reduced the highest fares for the diesel-run inter-district and long-distance buses and minibuses after lowering the fuel prices, as oil prices dropped drastically on the international market, reports UNB.Fare of the diesel-run buses, excepting those ferried through...
LETHARGY and indecision are the hallmarks of administrative culture in the country. The foremost obstacle to the development of its society and economy is the combination of the three evils-corruption, laxity and indecision. But in some cases laxity surpasses all...
Shahiduzzaman KhanTHE Centre for Policy Research and Social Responsibility recently undertook surveys using purposive sampling to assess the opinions of the urban educated group about Bangladesh Telephone Company Limited (BTCL) services. The BTCL is the upgraded version of the BTTB...
Fahmida AkhterA high-powered committee of the University Grants Commission (UGC) that went to work to ascertain the performance of private universities in 2003, gave a large number of them a period of five years to fulfill certain criteria to maintain...
A number of our cricketers who are otherwise well-known for their abilities and achievements, found themselves at the receiving point of national wrath and indignation recently for what was construed as their mercenary actions from joining the Indian Cricket League...
REPORTEDLY, air pollution in Dhaka city still afflicts on average 150,000 people every year. It underlines the acute necessity of new regulations and enforcing the existing rules and regulations to cut down air pollution.The government might argue that it does...
THE power sector has been a neglected in Bangladesh for over a decade when it called for priority attention. Power is the life-blood of all economic activities for production and distribution. It is also at the heart of different everyday...
Shawkat Haider RECENT news on ineffective 'kalaazar' therapy from a locally manufactured drug causes serious concern, particularly for the manufacturers of pharmaceutical products, who are expecting to be a significant player in generic drugs in the region. We do export...
IPSTHE 'Prime Minister' of Pakistani Kashmir (or Azad Kashmir), Sardar Atique Khan, released last week a white dove to mark the resumption of trade with the Indian state of Jammu and Kashmir through the ancient Jhelum Valley road, disrupted more...
Md. Anwarul KabirTELLING all the truth about the establishment, especially in public, is not that easy and sometimes it is risky, too. Here the term establishment signifies the people at the power centre who run the state machineries and their...
US Democratic presidential candidate Barack Obama has accused his Republican rival John McCain of negative campaigning 10 days before polling day, reports BBC.Mr Obama, appearing in Nevada, said the "ugly phone calls, the misleading mail and TV ads, the careless,...
An Afghan security guard at a courier company in the capital Kabul has shot dead two foreigners and killed himself, the government says, reports BBC .Two other people were also injured in the incident in front of the DHL office,...
SRINAGAR, Oct 26 (AFP): A student protester was killed and 20 people hurt Sunday when Indian police opened fire to disperse thousands of Muslims demonstrating in revolt-hit Kashmir, police and witnesses said. The protesters, who attacked police with stones and...
A huge rally has been held in the Italian capital, Rome, to protest against the government of prime minister Silvio Berlusconi. Opponents accuse Mr Berlusconi of taking Italy too far to the right, reports BBC.The leader of the centre-left opposition...
Quake jolts Pakistan, Afghanistan ISLAMABAD, Oct 26: A moderate earthquake measuring 5.6 on the Richter scale jolted northwest Pakistan Sunday but there were no immediate reports of casualties or damage, an official said. Tremors were felt at 7:29 am (0129...
Israel appears set for a snap election after the head of the governing Kadima party, Tzipi Livni, said she had given up efforts to form a coalition, reports BBC.She said she had decided to recommend new elections were held after...
A gene mapping test could tell parents-to-be if embryos are affected by almost any inherited disease, UK scientists have claimed, reports BBC.The team from London's Bridge Centre say the £1,500 test could detect any of the 15,000 inherited diseases in...
There is growing concern about the fate of an Iranian-American student who has been detained in Iran, reports BBC.Esha Momeni, who is from Los Angeles, was doing research into the status of women in Iran when she was arrested on...
BEIJING, Oct 26 (AFP): China must not under-estimate the impact of the global financial crisis but its economy is strong enough to weather the storm, the nation's central bank chief said today. "The current adjustment of global economic financial markets...
HANOI, Oct 26 (AFP): Double-digit inflation and shocks from the global financial turmoil threaten to plunge Vietnamese households living on the margins back into dire poverty, the United Nations has warned. Despite Vietnam's economic boom of recent years, many groups...
TOKYO, Oct 26 (AFP): After years of gorging on Japanese credit to buy lucrative assets such as Icelandic bonds, Brazilian equities or the Hungarian forint, investors are now rushing back to the safe-haven yen, which is soaring. The stampede out...
WASHINGTON, Oct 26 (AFP): Asian leaders will find the first global summit on the current financial turmoil a perfect venue to demand a key stake for the region in any new international financial system, experts say. As Europe and the...
SEOUL, Oct 26 (AFP): South Korea, Asia's fourth largest economy, is bearing the brunt of a global financial crunch with net selling of local stocks by foreign investors at a record high this year, data showed Sunday. The financial supervisory...
SYDNEY, Oct 26 (AFP): Australia's Finance Minister Lindsay Tanner admitted today he was unable to predict whether next year's budget would stay in surplus amid the global financial crisis. Tanner's comments come just two weeks after Prime Minister Kevin Rudd...
WASHINGTON, Oct 26 (AP): Now is not the time for countries to abandon open market policies or make changes that would threaten free enterprise, President Bush said Saturday.Bush used his weekly radio broadcast to address anxiety about the financial meltdown,...
VIENNA, Oct 26 (AFP): The Organisation of Petroleum Exporting Countries was unlikely to receive help from Russia, the world's biggest oil exporter, despite the cartel's plea for non- OPEC producers to share the burden of cutting output. Norway, another major...
WASHINGTON, Oct 26 (Xinhua): Existing home sales in the United States rose by 5.5 per cent in September, the biggest increase in more than five years, the National Association of Realtors (NAR) reported yesterday. Existing home sales-including single-family, townhouses, condominiums...
Our CorrepondentPANCHAGARH, Oct 26: Orange cultivation brought a revolution in Panchagarh district agriculture. The district may be able to meet the one-third demand of the whole country. Department of Agriculture Extension (DAE) has taken an initiative to encourage cultivation of...
Holcim, the leading cement company in the country held a retailers' meet in the city recently, says a press release. Holcim Bangladesh Ltd and Dhaka Builders, the district dealer from Dhaka city, organised the retailers' meet in jointly.About 250 dealers,...
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