Today is the 1st death anniversary of Rafiqul Islam Khan, former Managing Director of National Bank Limited. He died last year on this day while he was on a visit to India, said a press release.A milad mahfil has been...
FE ReportAtanu Kumar Nath has obtained PhD in 'E Commerce' from Luleo University, Sweden recently. The title of his thesis was "A trust privacy model of customers' willingness to be profiled and to transact online: theoretical model and empirical estimation."...
Foreign direct investment (FDI) is coveted by the developing countries like Bangladesh for understandable reasons; their investments from domestic sources are found to be insufficient to meet their needs of high economic growth, to create enough jobs and incomes for...
Jahangir Bin AlamInvestment, both domestic and foreign, is vital for economic development of a country, irrespective of its development status. It is more so for a developing country like Bangladesh. Investment and development are interdependent phenomena. One cannot flourish in...
Amirul IslamALL of these factors point to the need for the country to increasingly encourage enterprises with an essentially export dimension or an export-led economic growth strategy to take care of its needs of resource earnings, employment and income. The...
Md ShahiduzzamanTAKA six lakh and 24 thousand were snatched from businessmen in a span of six hours in Dhaka city in four separate incidents in a single day early this month. Four businessmen suffered bullet injuries from the muggers in...
On April 20, the daily Prothom Alo published an advertisement of the ministry of education inviting applications from interested candidates for appointment of vice-chancellors of seven public universities in Bangladesh. Another advertisement was published in the Daily Star of August...
THE government deserves appreciation for approving, at long last, the right to information ordinance. This law was demanded for long in the interest of good governance in the country. But the political governments had only been evasive in this regard.So...
Transport fares go up during Eid. Some dishonest persons are involved in it. On the day before the Eid, the passengers are compelled to pay excessive fares. Such harassment of the passengers must be stopped.Habibur Rashid Ismail Jamea Rahmania Fadil...
Jorge HeineThe collapse of the Doha Round, the first post World War II multilateral trade round has brought to the fore the issues that need to be moved forward for trade liberalisation. This has coincided with the publication of an...
Mohammad A SattarTHE question that disturbs many now is whether Bangladesh would revert to the past politics of irresponsible utterances and erratic conduct of leaders. Many of them tend to forget that it is the responsibility of the politicians to...
WASHINGTON, Sept 25 (Reuters): Congress looked close to reaching a deal to approve a $700 billion plan to bail out the US financial system and President George W Bush called an emergency meeting for Thursday to hammer out details.The move...
TOKYO, Sept 25 (AFP): Japan reported today its first trade deficit in seven months as exports to the United States plunged, dousing hopes of a quick recovery in Asia's largest economy. The gloomy data added to fears of a recession...
FRANKFURT, Sept 25 (Internet): The European Central Bank (ECB) renewed Thursday its offer of 40 billion dollars (27 billion euros) in one-day loans, it said in a statement.The ECB and the US Federal Reserve have established a currency swap to...
FE ReportOracle Chief Executive Officer, Larry Ellison Wednesday unveiled the HP Oracle Database Machine, a system designed for extreme performance data warehouses through a keynote address to nearly 43,000 OpenWorld attendees in San Francisco.The HP Oracle Database Machine consists of...
WASHINGTON, Sept 25 (AP): Government data show the number of new applications for unemployment benefits jumped last week to its highest level in seven years due to the impact of Hurricanes Ike and Gustav and a weak economyThe Labour Department...
MANILA, Sept 25 (AFP): The Philippines trade deficit for the first seven months of 2008 soared more than 200 per cent year-on-year on the back of higher oil, rice and steel costs, official data showed today. Figures from the national...
SINGAPORE, Sept 25 (AFP): Oil prices edged higher in Asian trade today as investors worried a stalemate over the US government's bailout plan for the ailing financial system will further damage the economy, dealers said. New York's main contract, light...
FE ReportThis was the last sale of the Holy month of Ramadan where a fair weight of tea was offered but owing to a little less demand from all sections of the market, prices eased slightly resulting in some withdrawals....
SEOUL, Sept 25 (AFP): South Korea has banned the import of all products containing Chinese powdered milk after discovering the harmful chemical melamine in some snacks, officials said today. The Korea Food and Drug Administration said in a statement the...
NEW YORK, Sept 25 (UNB): Chief Adviser Fakhruddin Ahmed said Wednesday that his government was carrying out efforts to make business and investment procedures in the country simple and easier as well as introducing online services to this end to...
FE ReportPubali Bank Limited has approved 02 (two) bonus shares for every 05 (five) ordinary shares (40 per cent bonus share) as dividend for its shareholders for the year 2007. The approval came at the 25th annual general meeting (AGM)...
FE ReportThe government borrowed Tk 4.00 billion (400 crore) Thursday through auctions of treasury bills. It will result in withdrawal of Tk 4.00 billion from the market in the week.The central bank conducted auctions of 91-day and 182-day bills on...
FE Report The inter-bank call money rate eased slightly Thursday despite withdrawal of cash through reverse repurchase agreement (repo). The US dollar also lost ground against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for...
FE Report City Bank has approved 15 per cent stock dividend for its shareholders for the year ended December 31, 2007. The approval came at the 25th annual general meeting (AGM) of the bank held at the Bangladesh-China Friendship Conference...
FE ReportDutch-Bangla Bank Limited has extended financial assistance to 23 organisations engaged in rehabilitation of the disabled children and other social organisations engaged in bringing about well being of the society. DBBL Managing Director Md Yeasin Ali handed over the...
FE ReportDhaka Stock Exchange (DSE) has decided to take legal actions against 11 listed companies as they failed to pay listing fees worth Tk 2.18 million for years."We will take legal action against the companies soon as they did not...
Mr Shamsuddin Ahmed has been re-appointed managing director (MD) of Uttara Bank Limited.His appointment came into effect on September 23, 2008, said a press release.Mr Ahmed started his banking career by joining the then Eastern Banking Corporation Limited (now Uttara...
LONDON, Sept 25 (AFP): European shares mostly spiked Thursday after Asian equities mainly fell amid uncertainty over an emergency multi-billion-dollar US bailout for the financial sector.US President George W Bush Wednesday warned that the United States would slip into recession...
Mr. AQI Chowdhury, OBE, chief executive officer (CEO) and managing director of Finlay Tea joined the UN Private Sector Forum, The Millennium Development Goals and Food Sustainability, held in the United Nations (UN) Headquarters in New York Wednesday.He attended the...
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