Patrick HealySenator John McCain was in a groove early in the presidential debate on Wednesday night, looking Senator Barack Obama in the eye and chiding him over taxes, over his backbone in standing up to Democrats and over the Obama...
If your country is desperate to stave off economic collapse, there is probably no better place to visit, and no better friend to have, than China right now. With $2 trillion in foreign exchange reserves, China is sheltered from the...
Enayet RasulMelamine, a chemical for different industrial application, can be deadly for human bodies should the same enter human bodies through any means. But countrymen awoke on Wednesday morning to read banner headlines in daily newspapers that the Bangladesh Standards...
Shakhawat Hossain Janata Bank Limited (JBL) looks to shed 4,333 jobs over a period of four years under the proposed voluntary retirement scheme (VRS), which was placed to the Finance Ministry for its approval Thursday. The second largest state-owned commercial...
Siddique Islam The central bank will ask the commercial banks to discourage flow of fresh credit into unproductive sectors aiming to achieve maximum economic growth and curb inflation.The instruction will be given during a bankers' meeting scheduled for Sunday at...
From Fazle RashidNEW YORK, October 16: Record gains of over 900 points made by the Dow Jones on Monday, which many took as a signal of the beginning of the recovery, suffered anguish, dismay and frustration as losses on Tuesday...
The government has advised the people to refrain from using eight particular brands of powder milk, which in laboratory tests proved to have been containing the chemical melamine, reports UNB.Tests conducted at the Dhaka University Laboratory confirmed presence of melamine...
FE ReportGiving importance to a 'return to political stability' and continued improvements in the quality of governance, the International Monetary Fund (IMF) cast its hope that a clearer political environment would arise in Bangladesh after the December 2008 elections, facilitating...
FE ReportDhaka stocks inched down Thursday for the second straight sessions on price correction amid higher turnover.All the market barometers -- the benchmark DSE (Dhaka Stock Exchange) General Index (DGEN), All Shares Price Index (DSI) and DSE-20 comprising blue chips...
SINGAPORE/TOKYO, Oct 16 (Reuters): Oil fell for a third day on Thursday, plumbing a 13- month low near $72 as commodity investors again rushed for the exit on fears of a collapse in demand growth, with the world economy tilting...
The High Court (HC) stayed the proceedings of the Barapukuria graft case, just hours after former Prime Minister Khaleda Zia among other accused made their first appearance in trial court to face charges in the case Thursday, reports bdnews24.com. The...
Grameenphone (GP) in a clarification Thursday said the news item published in the Financial Express October 14, 2008 under the headline "GP's network expansion drive continues" contained inaccurate information about the value of contract it signed with Ericsson for network...
The Securities and Exchange Commission (SEC) has extended the deadline for regularising the BO accounts to December 31 this year. BO account holders will have to submit either bank certificate or photocopy of National Identification Card (signed by investor himself)...
Suspected burglars broke into two business houses in the city's Fakirapool area at Motijheel Wednesday night and stole about Tk 1.95 million (19.50 lakh) in cash, police said, quoting the victims. They said the burglars entered the closed offices of...
The Bijoy Shoroni road in the city would be opened to traffic on December 16 after removing the Rangs Bhaban, said Housing and Public Works Adviser Major General (retd) Golam Quader. The Adviser disclosed this while addressing a meeting on...
NEW YORK, Oct 16 (AP): World grain prices have been tumbling back down the steep slope they climbed early this year, but from Manila's food stalls to London's supermarkets, everyday consumers aren't seeing it yet. The experts worry, meanwhile, that...
Chief Adviser Fakhruddin Ahmed had talks with Chief Election Commissioner (CEC) ATM Shamsul Huda and two other election commissioners on preparations for elections Thursday, reports bdnews24.com. After the meeting at the Chief Adviser's Office, Election Commissioner M Sakhawat Hussain said...
FE ReportThe National Board of Revenue (NBR) will consider introduction of a specific amount of Value Added Tax (VAT) for physicians to reduce the hassle in payment of tax collected from the fees paid by patients. The existing rate of...
After getting the vetting report from its technical committee, the Election Commission (EC) would take decision about the Awami League's (AL's) application for registration which could not fulfil all criteria set by the EC, one commissioner said Thursday, reports UNB.A...
A British minister says both the former prime ministers, now charged with corruption, can contest polls, due on Dec 18, because there is no legal barrier, reports bdnews24.com. "Neither of the two ladies (Khaleda Zia and Sheikh Hasina) have been...
Government stocks of food grains now stand at about 1.3 million (13 lakh) tonnes, the highest in eight years, report UNB/bdnews24.com.. Chief adviser Fakhruddin Ahmed said this while addressing the inauguration of a two-day agriculture fair to mark the World...
FE Report The Bangladesh Bank (BB) has asked the ICB Islamic Bank Limited to intensify drive to recover non-performing loans, particularly from its top 20 defaulters. The instruction came at a review meeting with management of the bank at the...
FE Report A rental power company has sought legal protection against payment of fine slapped by state-owned Bangladesh Power Development Board (BPDB) for delay in installation of power units, officials said.The High Court (HC) has asked the BPDB to show...
AT a time when the world is going through its worst financial crisis in a century affecting mostly the developed world, fear and uncertainty about the future has gripped the rest of the world including the developed and the least...
Enayet RasulA lot has been written to the effect that the Bangladesh economy would not be immediately facing catastrophe from the global financial turmoil and would even manage to weather the longer term threat to it from the same. This...
Md AlimullahEDUCATION Week is observed every year in the country. But the observance cannot hide the state of education in the country which leaves a lot to be desired. All the governments have been highlighting that a major portion of...
Of the many suggestions put forward in order to address the prevailing state of power crunch, one was about buying power from neighbouring countries. But it hit a snag when it could be known that they may not have surplus...
THE Buriganga at present is in a threatened state of existence. The threat that it faces is from encroachment by land-grabbers. Its natural flow has been obstructed because its bed has risen due to earth-filling and setting up of all...
Mohammad Habibur RahmanBANGLADESH shares a common past with India and Pakistan in respect of development of banking business. Bangladesh Bank Order, 1972 was promulgated to create the country's central bank -- Bangladesh Bank -- to take over the assets, liabilities...
Mohammad Murshedul Huda SharifiWHEN the question of dismissing an employee (for any misconduct), arises in an Industrial Establishment, it warrants conducting of a Domestic Inquiry. Domestic Inquiry is expedient for the employer who wants to be fair, but firm in...
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