Sarwar Zahan US dollar maintained its stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market despite increased demand for the greenback, fund managers said. Higher inward remittance and export earnings helped the market to easily maintain balance...
FE ReportBASIS, a national software industry group, will organise a five-day exposition in the city, aiming to brand Bangladesh as the next 'frontier' of information technology. The annual exposition of Bangladesh Association of Software and Information Services (BASIS) styled 'BASIS...
Dubai-based Emirates Airline has added another set of highly coveted accolades to its impressive trophy collection, winning the 'Best Middle East/African Airline' award at the 2008 Business Traveller Asia-Pacific Awards, Hong Kong, and the 'Best First Class' title at the...
NEW YORK, Oct 11 (AFP): Global stock markets went into a freefall Friday as panicked investors found no place to hide, although Wall Street managed to stem the losses in a stomach-churning session of ups and downs.Stock exchanges were in...
President of Dhaka Chamber of Commerce and Industry (DCCI) Hossain Khaled has stressed the need for active participation of young leaders and entrepreneurs towards positive change. He made the observation while inaugurating JCI Bangladesh, Dhaka Central, a new LOM (local...
FE ReportDutch-Bangla Bank Limited (DBBL) organised a day-long workshop on new small and medium entrepreneurs (SME) products 'DBBL Smart Term Loan' and 'Smart Cash Credit'. The workshop was inaugurated by the Managing Director of the bank Md Yeasin Ali at...
TOKYO, Oct 11 (AP): Mazda denied Saturday that a decision had been made by troubled Ford Motor Company to sell its stake in the Japanese automaker but it did not rule out a possible deal.Japanese media reported Saturday that Ford...
Though there are no chances of getting any more competitors, the government extended the bid-submission deadline for contracting out the proposed 450-MW Sirajganj power-plant project, reports UNB.According to official sources, now the last date for submission of bid for the...
DU CorrespondentJapan will extend its scientific assistance, scholarships and fellowships for the young researchers and scientists of Dhaka University (DU) in the days ahead.Japanese Ambassador Masayuki Inoue and a delegation of Japan Society for the Promotion of Science (JSPS) gave...
Our CorrespondentRAJSHAHI, Oct 11: Leaf-rot disease and stem-borer pest attack have increased in various upazilas of Naogaon and Rajshahi districts with the menace taking a serious turn in Godagari and Tanore upazilas of Rajshahi and Naogaon Sadar Upazila, Mohadebpur, Manda,...
The government is reportedly considering providing tax incentives to the corporate business houses so as to motivate them to invest more in public welfare activities. The issue of public welfare in the arena of corporate business is a self-motivated movement...
Enayet RasulTHERE is hardly scope to read much -- either negative or positive -- in the global business competitive index that was released last Wednesday. It found Bangladesh sliding down by some four stairs from the previous rating. But more...
We are exposed to serious health hazards. Dangerous and even carcinogenic substances in foods continue to be served by food chains due to a shocking negligence of the health authorities and absence of regulatory activities. The authorities need to be...
ROAD accidents are a menace. Such accidents seem to have increased during the time of festivals, specially the two Eids. According to the National Road Safety Council (NRSC), 3794 people were killed in road mishaps in 2007 (until November) but...
Billy AhmedA true era has come to an end this weekend as screen legend Paul Newman, the last surviving member of a trio of actors who changed their trade, has passed away after a battle with cancer. Newman, died Friday...
Khaled Mahmud RaihanINTERNAL control procedure is an integral part of financial and business processes which acts as the safeguard of the assets, promotes operating efficiency, and ensures compliance with applicable policies and regulations and adheres to the prescribed managerial policies....
Engineer Shafiqul Alam Transport must be a contributor, not a burden, to our quality of life. The air we breathe cannot be the price we have to pay for the use of transport to work and back. But it is...
Doulot Akter MalaThe National Board of Revenue (NBR) is contemplating to request the central bank to ensure that the banks seek 'income tax-payment certificates' instead of TINs from their clients.The NBR move is being planned in the backdrop of detection...
Asian stocks tumbled, driving Japan's Nikkei 225 Stock Average to its biggest weekly decline on record, on concern the deepening credit crisis will push the global economy into a recession. The yen surged, report agencies. Europe's stock markets plunged Friday...
From Fazle Rashid NEW YORK, Oct 10: The stock market took another beating yesterday. The stock in Japan which had so long weathered the storm could no longer hold and plunged more than 10 per cent yesterday sending shivers through...
Kayes M SohelEconomists and capital market experts do not see any immediate effect of the global financial crisis on the country's economy, including the capital market, but they predicted a negative impact if the crisis persisted for a longer period.They...
Mahmuda ShaolinThe government has doubled the rate of fees for mutation of record, separation of holding and consolidation of holding in land registration and simplified such procedures with effect from October 1.At the same time, the land ministry has also...
Naim-Ul-KarimThe United Arab Emirates is set to recruit over 150,000 Bangladeshis in the last quarter of 2008, as the Persian Gulf country needs huge workforce to support its mammoth infrastructure projects, officials told the FE on Friday. The oil rich...
Jasim Uddin Haroon The country's pharmaceutical manufacturers said Friday they expect to export more than 300 new drugs totaling around 600 to Myanmar by the end of this year. They see high demand of Bangladeshi pharmaceutical products in Myanmar following...
LONDON, Oct 10 (Reuters):- Oil fell more than $4 a barrel to a one-year low on Friday, depressed by expectations global demand growth will shrink if the credit crisis pushes the world economy into recession. Economic weakness spurred the International...
Education and Commerce Adviser Hossain Zillur Rahman had a quiet parley with BNP chairperson Khaleda Zia at her Cantonment residence Fridaynight but the precise contents of the parley could not immediately be known. The meeting took place days ahead of...
Bangladesh Telecommunications Company Limited is set to apply to the BTRC for licence to operate WiMAX /Broadband Wireless Access, a senior government official said Friday. Telecommunications Secretary Iqbal Mahmood said that BTCL would have to pay Tk 2.15 billion to...
BENAPOLE, Oct 10: The government has taken an initiative to introduce automation project at Benapole landport after launching the system at Chittagong port. A team of joint forces on Thursday exchanged views with customs, port and bank officials and leaders...
Shakhawat HossainThe country's unemployment rate will drop to 3.76 per cent in the current fiscal year ending in June next year from 4.18 per cent in 2005-06 fiscal year, said a central bank analysis.Experts, however, rejected the analysis saying the...
FHM Humayan KabirState-owned Petrobangla has taken moves to augment gas supply to energy-hungry Chittagong region through producing new gas and laying new pipelines, officials said Friday."We've taken some short-term and mid-term measures to augment gas supply to Chittagong," Petrobangla chairman...
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