M Azizur RahmanA government plan to initiate supply of gas to new industries in the fuel-starved Chittagong falls flat as production from Sangu gas field dropped by one-third this month, officials said Saturday.The Scottish Cairn-operated Sangu gas field is now...
FE ReportKnitwear manufacturers said Saturday that they have targeted new markets such as Japan as they feared a global financial meltdown would lead to sharp fall in shipments to traditional markets in North America and Western Europe. "Recession fears in...
From Fazle RashidNEW YORK, Oct 18: The business leaders from G7 nations who met in Paris ahead of a crucial meeting in Washington today made a passionate plea for not to jettison market economy in a bid to repair the...
Shakhawat Hossain Existing tax refund system in the country's Income Tax and the Customs rules is giving rise to inaccuracies in the annual revenue figures maintained separately by the finance ministry and the revenue board, officials said Saturday."There is a...
FE Report The country's export earnings and inflow of remittances might face setback if the ongoing global financial crisis persists and the economies of USA and Europe are troubled by recession, economists, bankers and experts told a seminar in Dhaka...
FE Report The Ministry of Commerce sits today (Sunday) to discuss a devise to end the impasse on 'confusing reports' in test of powder milk of eight foreign brands, a top official of the commerce ministry said Saturday.The commerce ministry...
FE ReportInvestment in government's savings tools increased sharply by 79 per cent in the first two months, showing a growing public interest in such risk-less instruments. Small savers made net investment worth Tk 5.75 billion in July-August period. The amount...
BNP has informed a UN delegation that it will not participate in the December 18 national polls under the state of emergency, reports bdnews24.com. "Holding a free and fair election is not possible amid the state of emergency. If the...
The number of political parties participating in the 9th Jatiya Sangsad election is likely to fall to just one quarter of that in the previous election, estimated Election Commissioner M Sakhawat Hussain. The commissioner said Saturday the number of parties...
ISLAMABAD, OCT 18: Pakistan's foreign minister says China has signed an agreement with the energy-starved Islamic nation to help it build two more nuclear power plants. Shah Mahmood Qureshi said the agreement was among 12 accords, which were signed during...
NEW YORK, Oct 18: A three-day first-ever "Made In Bangladesh Trade Fair" began at the Pan Plaza pavilion exhibition hall at downtown Manhattan Friday evening. Bangladesh ambassador to the United States Humayun Kabir formally inaugurated the fair while Consul General...
Najmuddin A ShaikhThe in-camera military briefing on the current situation in our tribal areas has not satisfied many of the parliamentarians. There have been complaints that the briefing was purely tactical and did not explain the strategic vision that is...
C Bryson HullIndian political pressure on Sri Lanka to throttle back an offensive to wipe out the Tamil Tigers will do little to sway a Sri Lankan government increasingly confident it can end one of Asia's longest insurgencies.Despite threats from...
Keith BradsherCan a region like Asia - with more than $3 trillion in foreign exchange reserves, high savings rates, mostly well-capitalised banks and minimal exposure to American mortgage-backed securities - run into trouble during a global financial crisis?The answer was...
Dr. Subhash KapilaSouth Asian regionalism is an elusive myth that keeps spasmodically surfacing every now and then generated more by external stimuli than any earnest aspirations from within the region. The long years of the existence of SAARC and its...
Capt. Imam Anwar HossainIN Shakespeare's play The Merchant of Venice, the shrewd money lender Shylock dispatched a loan to the desperate merchant Antonio against a security of one pound of his flesh as Antonio had nothing else to comfort. Even...
Md. Masum BillahGARMENTS industry in Bangladesh stands as the largest foreign exchange earner. It is striving to retain its leading position in this field and the people concerned are working untiringly. Government is also working hard to reach the goal....
The latest in the detection of toxic substances entering human bodies in Bangladesh through the food chain is melamine. This substance for industrial application has been found by the Bangladesh Standards and Testing Institution (BSTI) in at least eight popular...
Syed JamaluddinThe latest World Investment Report published by the United Nations Conference on Trade & Development (UNCTAD) for 2008 shows 16 per cent drop in the flow foreign direct investment (FDI) into Bangladesh in 2007 from a year ago. This...
Abdul Majid KhanEFFICIENT Supply Chain Management (SCM) can play a vital role in increasing the return on investment (ROI). It involves the series of business process, i.e., planning, design, and control of the flow of information and materials along the...
WHEN Bangladesh's export-oriented ready-made garments (RMG) industry was emerging in the late seventies, no one was sure of its future. But the banks of the country were unhesitant to lend to the RMG entrepreneurs. A great success followed for the...
Indeed, there is a need to change the schedules of Moitry Express between Dhaka and Kolkata. The first ever Dhaka-Kolkata train service has been running since April 14 with very small number of passengers. It is alleged that time of...
Bangladesh Bank governor Salehuddin Ahmed Friday ruled out the possibility of any immediate readjustment of exchange rate in the backdrop of ongoing financial crisis, report agencies. Speaking to reporters at Zia International Airport, on his return from Washington DC, the...
FHM Humayan KabirOffshore exploration for gas and oil is likely to be delayed for a year as approval has not yet been given to the selection of international oil companies (IOCs), top officials said Friday."If we fail to sign production...
Doulot Akter MalaThe working group for the Medium-term Macroeconomic Framework (MTMF) has revised domestic credit growth upward for the private sector at 18.5 per cent, up by 1.5 percentage points for fiscal 2008-09. The MTMF team of the finance ministry...
Jasim Uddin Haroon BRTC's Volvo double-decker bus service continues to fare poorly much to the dismay of city commuters, as the state-owned corporation turns a blind eye to the periodic maintenance and mismanagement, passengers and insiders alleged.The middle class commuters...
FE ReportFourteen major donors have agreed for the first time to assist Bangladesh in a harmonised way from next year as they and the government have recently prepared a joint cooperation strategy (JCS), officials said Thursday."We'll sit next week in...
FE Report UN Secretary General Ban Ki-moon is expected to visit Bangladesh early November, the UN said Thursday. He is scheduled to attend an international conference on migration and development in late October in the Philippines, the first of four...
LONDON, Oct 17 (Agencies) - Stock markets climbed around the world on Friday, taking their lead from Wall St's late rally the previous session and helped by easing interbank lending rates, lower oil prices and encouraging earnings from technology firms.But...
MOHALI, OCT 17 (AP): Sachin Tendulkar became the leading run-scorer in test cricket Friday after passing Brian Lara's mark of 11,953.Tendulkar achieved his latest batting record when he reached 16 with a glide through gully for three off Peter Siddle's...
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