LOS ANGELES, Oct 25 (AFP): England midfielder David Beckham finally confirmed Friday he's in talks for a short-term loan to AC Milan in early 2009. The former England captain will play his final game of the MLS season for the...
Robin Soderling needed 20 aces and two tie-breaks to beat top seed Andy Roddick 7-6 7-6 and reach the last four in Lyon Friday, BBC reports. The Swedish seventh seed, who won the event in 2004, won both tie-breaks 7-5...
Essex all-rounder Graham Napier insists he has not yet committed himself to any deal with the Indian Premier League (IPL), BBC reports. But the 28-year-old, who caught the eye in breaking a world six-hitting Twenty20 record last summer, admits to...
FE ReportExperts and economists called Saturday for formation of a high-powered taskforce to assess the possible impact of the global financial meltdown on Bangladesh and devise both short and medium-term policy measurers to protect the domestic economy.Speaking at a dialogue,...
Zaidi SattarIn 1995, a 25-year old mathematics graduate of Cambridge University devised a method of insuring against loan defaults - later named credit default swaps (CDS) -- that, within a decade, became the financial derivative of choice for banking and...
Shakhawat Hossain A furious Chief Adviser Dr. Fakhruddin Ahmed has ordered a probe into the state-owned Bangladesh Petroleum Corporation (BPC)'s laggard approach to reduce system losses and its failure to come up with an action plan."I am surprised at the...
Doulot Akter MalaThe new system of unified taxpayers' identification number (UTIN) is expected to come into effect by next month.The UTIN is designed to help the national board of revenue (NBR) ensure proper tax collection from bigwigs.The government in 2007-08...
Naim-Ul-KarimThree foreign companies whose powdered milk brands have been barred by the higher court from marketing are worried over their stuck-up products.Officials of the companies concerned claimed that milk products worth over Tk 1.0 billion have remained stuck up at...
FE ReportA book titled "Commercial History of Dhaka" will be launched at the concluding ceremony of the DCCI international business conference on November 1 at Radisson Water Garden in the city. The book is being published on the occasion of...
The well marked low over the Bay intensified into a depression Saturday, triggering rain and stormy wind in different parts of the country, reports UNB.A latest Met Office special bulletin said the low, formed over the west-central Bay and adjoining...
The Election Commission (EC) is set to announce the schedules for national and upazila polls on November 2, Chief Election Commissioner (CEC) ATM Shamsul Huda said Saturday, reports bdnews24.com. The CEC, speaking to the news agency, confirmed the date of...
Fuel prices will come down from midnight Sunday, following the government's decision to let the prices move in line with the global oil prices, a special aide said Saturday, reports bdnews24.com. "The energy ministry has sent a proposal regarding cuts...
Commonwealth Secretary-General Kamalesh Sharma arrives in the city today (Sunday) on a 3-day visit to discuss with government leaders and the chief election commissioner (CEC) the progress towards restoration of democracy in Bangladesh. He will meet Chief Adviser Dr Fakhruddin...
Former Energy Adviser and BOI chief executive Mahmudur Rahman Saturday made vain attempts to lodge a first information report (FIR) against ACC Chairman Lt Gen (retd) Hassan Mashhud Chowdhury for alleged embezzlement of about Tk 203.0 million of the Trust...
The Truth and Accountability Commission (TAC) is likely to decide Tuesday on any third extension of the deadline for voluntary declaration of undisclosed income of corrupt individuals. The deadline can be extended by another 15 to 21 days, said sources....
M Azizur RahmanThe government will give fuel subsidy not more than Tk 40 billion annually to the state-owned Bangladesh Petroleum Corporation (BPC) to keep the domestic fuel price lower than that in the international market, official sources said Saturday.The energy...
Jasim Uddin Haroon Bangladeshi knitwear manufacturers are planning to substantially scale up exports to Japan by 2009, as the world's second biggest economy seeks to source low-priced knitted items. Exporters said Saturday the country's knitwear sales to the Japanese market...
BEIJING (AP): Asian and European leaders said Saturday they have reached a broad consensus on ways to deal with the global financial meltdown and will present their views at a crisis summit next month in Washington.Speaking at the close of...
From Fazle RashidNEW YORK, Oct 25: Hardly anyone raised any eyebrow, that is the impression one got from the TV channels, as news of crash of the stock exchanges around the world invaded the Wall Street and Japanese Yen surging...
Mushir Ahmed Newcomer United Airways has become the country's largest domestic carrier in just a year after its launch, elbowing out struggling GMG and the national airliner Bangladesh Biman, officials said Saturday.Chairman and the managing director of the company Tasbirul...
Siddique Islam The central bank has given two non-banking financial institutions (NBFIs) permission to float two zero-coupon bonds aiming to raise their flow of funds for investment, officials said. "We have given permissions on issuance of two zero-coupon bonds to...
Health and nutrition claims in commercials produced for Bangladesh that Horlicks drinks and Maggi noodles make children stronger have been found false and banned by Britain's advertising watchdog, reports bdnews24.com. Nestlé and GlaxoSmithKline (GSK), makers of Maggi Noodles and Horlicks...
IN the midst of a severe global financial crisis that has hit hard the rich developed countries with its adverse multi-dimensional fallouts, prospects for external aid disbursements, the bilateral one in particular, do not seem bright for Bangladesh and other...
Arthur Kendal MalroseImmediately after the creation of Bangladesh as the government was trying to take stock of the whole situation for forward planning the demand-supply gap in electricity / power was felt very much; and accordingly a master plan was...
Shaqeel QuasemPOWER or electricity is counted as virtually the life-blood of a modern economy. Economic activities from the very vital production processes to distribution and even marketing are all dependent on power supply that is ample and reliable. Many factors...
Md AsaduzzamanBangladesh has been able to maintain a balance of sorts between its basic food requirement and present population with some dependency on imported food grains. But this balance could strain severely in the near future. This is particularly the...
We know about how CNG auto-rickshaw drivers overcharge their passengers by Tk 10-20-30-50 or even more than what is the normal fare. On the other hand, we also know that the owners of those auto-rickshaws overcharge their drivers daily by...
Inflation management and poverty alleviation strategies need to address the core issue of food price induced by inflation. The prices of food grains should be decreased or kept stable. Availability of cheaper food grain must cover the greatest number of...
Fashion institutes are needed to bolster the country's export-oriented ready-made-garments (RMG) sector. A few of them have been set up but more are needed. Institutions to impart education and training on leather technology are in very short supply. More of...
Enayet Rasul Ask not what your country can do for you, ask what you can do for your country. - John F Kennedy, slain US PresidentNotwithstanding the expected sneering reaction of the hard-boiled ones to the above quotation from one...
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