Eid-ul-Fitr, the greatest religious festival of the Muslims, will be celebrated in the country tomorrow (Wednesday) or a day after, depending on the sighting of the moon. It comes after a month-long period of fasting which is meant to be...
Enayet RasulThe Bangladesh Bank (BB) has directed all commercial banks in the country to distribute agricultural loans. This has been made a mandatory requirement. Each such bank under the new regulation would have its own targeted sum to be distributed...
Mahmudul IslamThe common people in Dhaka city remain hard-pressed singularly for the rise in the costs of their living . The price rises have been relentless in recent months. In this situation of stress in their purchasing power, an additional...
What will happen of the Dhaka city during the Eid shopping spree in the next year? This year, the city has almost been at a standstill whatever the time it was, day or night. We all knew it was certain....
THE DCC is responsible for collecting rubbish, on a regular basis, from the storing bins to the dumping sites. For this purpose it maintains squads of cleaners and vehicles. But this work is not done properly. The reality is, the...
S M JahangirThe Bangladesh Energy Regulatory Commission (BERC) is considering amendments to its existing regulations to help cut licence fees on use of captive and stand-by generators by industrial operators, as sought by the country's major trade bodies.'We'll have to...
Shakhawat Hossain The central bank of Bangladesh has assured the Chief Adviser that it has sufficient tools to tackle the higher liquidity pressure arising out of falling import payments, coupled with higher exports and flow of remittance, a top official...
FE ReportFormation of special economic zones (SEZs) will pave the way for more productive use of land, labour, capital and infrastructure leading to greater investment, economic growth and social development in the country, experts said on Sunday.They agreed that SEZ...
Kayes M SohelThe Dhaka Stock Exchange (DSE) is set to revamp its automated trading system in line with its plan to expand capacity. The country's prime bourse has already undertaken a project to be implemented in phases to upgrade the...
FE Report Opening of letters of credit (LCs) for imports increased by 21.15 per cent during the first 18 days of September against the corresponding period of the previous year, officials said. "The import of food grains including rice and...
The BNP-led four-party alliance at a meeting Sunday advanced a five-point demand, including scrapping of amendments to the Representation of People's Ordinance (RPO) and lifting of emergency for holding a free and fair election, reports UNB.Three other demands are :...
BHOLA, Sept 28: At least 10 fishermen went missing as six fishing boats and trawlers capsized in the Tetulia river and the Bay amid the depression Saturday night. Local fishermen said five trawlers sank in the Bay of Bengal and...
Former vice-president of Jatiya Party's (JP) central committee Abdul Hannan and his family members were killed in a road accident in Rajshahi Sunday morning. Sixty year-old Hannan, his elder daughter Ruma (42), nine-year-old grandson Noman and driver Ayub were killed...
The tax officials of the government are less optimistic this fiscal of achieving the revenue target set by the government. So far, the response from the individual taxpayers and the holders of undisclosed but not corruption-tainted income has, unlike that...
Shamsul Huq ZahidThe 'national' committee to protect oil, gas, mineral resources, power and ports, according to newspaper reports, last Friday organized a press conference to reiterate its opposition to, what it said, leasing of offshore oil blocks to international oil...
Md AsaduzzamanEducation nowadays is no more looked at in isolation from a country's economic or developmental goals. Rather, it is recognized as the single most important factor in promoting economic growth and development through the creation of human resources. Thus,...
Did the owners take permission for opening shops on the road sides? There is no clear idea about how the trend of opening of shops in lanes, by-lanes became popular. How had this practice become free for all? Now many...
It is an open secret that a good command over English is a must to cut a brilliant figure in all sorts of examinations, whether public or private. But the method of learning or teaching English as we see in...
Muhammad Abdul MazidFOREIGN capital inflows constitute part of the world's savings. Over the past three decades world savings in proportion to world income has fallen. The decline in world savings implies that not every country can maintain its level of...
WASHINGTON, Sept 28 (Reuters): US lawmakers were set to sign off on a deal Sunday to create a 700-billion-dollar fund to buy bad debt from ailing banks in a bid to stem an escalating credit crisis that threatened to engulf...
UNITED NATIONS, Sept 28 (AFP): Japan is worried about a severe credit crunch, India wants regulations tightened while China expects the situation to get worse before it gets better-the US financial crisis has been haunting Asian leaders as they took...
DETROIT, Michigan, Sept 28 (Internet): The US Senate has approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.The loan guarantees were included in a continuing resolution that...
ROME, Sept 28 (Reuters): Italy will champion the expansion of the Group of Eight (G8) leading industrial nations to include countries such as China, India and Brazil when it assumes the G8 presidency next year, its economy minister said."We can...
NEW DELHI, Sept 28 (Internet): Indian importers are looking to China manufacturers more and more to fight rising costs, according to dual surveys released by trade publisher and trade show organiser Global Sources. The surveys, conducted in July and August,...
HONG KONG, Sept 28 (AFP): Asian currencies ended the week mostly higher against the dollar as traders awaited the fate of a massive US rescue package aimed at stabilising the global finance sector and economy. JAPANESE YEN: The yen rose...
Our CorrespondentNILPHAMARI, Sept 28: The long desired pisciculture project has begun in Teesta Irrigation Project (TIP) canal in Nilphamari recently.District fisheries office in Nilphamari released four and a half tonnes of fish fry in the project canal. This is the...
FE ReportSocial Marketing Company (SMC) has launched SMC Zinc 20mg soluble tablets as an added therapy to oral saline to prevent and treat diarrhoea among under-5 children. Square Pharmaceuticals Ltd is the manufacturing partner of the SMC. Director of USAID...
DUBAI, Sept 28 (Reuters): Iraq has signed preliminary deals worth billions of dollars with General Electric Co and Siemens for equipment to almost double electricity generation capacity, an energy official said Saturday.The deals with GE, Siemens and a third company...
FE ReportManaging Director of Classic Group of Companies Mohammed Shahidullah Azim has been re-elected as the president for the consecutive third term for 2008 to 2010 of All Community Club Ltd (ACCL) in the city recently.The election board of the...
TIANJIN, China, Sept 28 (AFP): European aircraft giant Airbus is expecting a "large order" from Chinese airlines by early 2009, the company's chief executive officer Tom Enders said here today. The Chinese aviation market "next year will still see strong...
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