THE editorial titled 'Anarchy in transport sector' that appeared in The Financial Express on its June 22, '08 issue has befittingly noted the present status of transport sector in Bangladesh. In this respect I would like to note something about...
Bangladesh Kolyan Party (BKP) Wednesday alerted the caretaker government (CG) to insidious comments of few political parties or quarters about military forces "to provoke a face-off between the people and the armed forces".The newly-floated political party, which is now 205-day...
Led by an unusually cautious century from Mohammad Ashraful, the second of his career, Bangladesh cruised to a 96-run win over UAE in their Asia Cup opener in Lahore. Ashraful was supported by Raqibul Hasan, who made his second-successive 80-plus...
KATHMANDO, June 25 (Bloomberg): Nepal's political parties reached an agreement that will allow lawmakers to vote on forming a new government after more than two months of negotiations following general elections in April.Leaders of the seven parties in the interim...
The arraignment hearing in the Niko graft case against former Prime Minister Shiekh Hasina has apparently become uncertain as the High Court (HC) called for the trial court records for judicial scrutiny, reports UNB.Meanwhile, the designated special court, set on...
FE Report | 2008-06-26 00:00:00
Businessmen from Bangladesh and Turkey have vowed to strengthen the economic ties between the two countries through exploring the business opportunities.The vow came in a recent business conference held in Istanbul which was attended by business leaders from 20 countries,...
The International Day against Drug Abuse and Trafficking will be observed in the country today (Thursday) as elsewhere in the world in a befitting manner, reports BSS.This year's theme of the day is "Do Drugs Control Your Life? Your Life....
M Azizur Rahman | 2008-06-26 00:00:00
The government has decided to provide due compensation to the people affected by Barapukuria underground coalmining through building homes and developing infrastructure, officials said."We have already asked the authorities concerned to repair a road near the Barapukuria coalmine, which was...
BRUSSELS, June 25 (AFP): Europeans are increasingly worried by rising inflation and the risk of an economic crisis, with expectations over national economies and employment at record lows, an official poll showed yesterday.The gloomy outlook was contained in the European...
FE Report | 2008-06-26 00:00:00
Leading global computer brand Acer has introduced the 16.1 inch and 18.1 inch notebooks for the first time in Bangladeshi, which according to the manufacturer will enable the users to experience something different in nature.The models 'Aspire 6920' and 'Aspire...
Mohammad Ashraful was left to rue his decision at the toss - on the sort of pitch where they had piled 300-plus the previous day, Bangladesh decided to field first and paid a heavy price as Sri Lanka, fired by...
SINGAPORE, June 25 (AFP): Oil prices held steady in Asian trade Wednesday ahead of a weekly report on US energy stockpiles and after OPEC's president rebuffed calls for the cartel to boost output.In afternoon Asian trade, New York's main oil...
Shahiduzzaman Khan | 2008-06-26 00:00:00
It is a surprising piece of news that bribery was still going on in full swing at the Chittagong Port. According to a report published in the print media this week, underhand dealings outside the Chittagong Port Customs (CPC) are...
Withdrawal of authorised representative | 2008-06-26 00:00:00
Premium Securities Limited, Dhaka Stock Exchange (DSE) Member No 181, had withdrawn one of its authorised representatives, Gul Afroza Dilruba, with immediate effect.Spot market tradingBD Online: The shares of BD Online Limited will be traded in the spot market and...
M. A. Baree, FCA | 2008-06-26 00:00:00
RECENTLY I have received queries from some private universities, specially from their treasury department regarding their taxation position. The confusion arises from common perception that private universities are engaged in imparting education established solely to do so as a non-profit...
Cuba welcomes end of EU sanctionsHAVANA, June 25: Cuba welcomed on Tuesday the European Union's lifting of sanctions against the communist-rule island, saying "truth" and "reason" had defeated the punitive measures. "We never surrendered in this confrontation, because we were...
FE Report | 2008-06-26 00:00:00
IFIC Bank Limited celebrated its 25th founding anniversary Tuesday.All 70 branches of the bank were decorated with colourful festoons and balloons on the occasion.Flowers, cakes and sweets were also distributed among the clients in the branches of the bank.IFIC Bank...
ICC grapples with India's T20 millionsNEW DELHI, June 25: World cricket chiefs assemble in Dubai this weekend hoping to safeguard the game's future amid a lucrative Twenty20 revolution fuelled by the sport's economic powerhouse India. Zimbabwe's status is also set...
Kayes M Sohel | 2008-06-26 00:00:00
The Securities and Exchange Commission (SEC) is yet to take any decision on the low-rated Z-category companies despite expiry of the time given for recasting their respective board of directors on June 3.Only four of the 98 Z-category companies complied...
EVEN the importers of energy drinks and similar consumption products can claim that they are contributing to business activity since their efforts involve marketing and distribution. However, it is questionable whether such activities are consistent with what should be the...
FE Report | 2008-06-26 00:00:00
The inter-bank call money rate lost ground Wednesday due to comfortable flow of cash in the market. The US dollar, however, appeared stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market with moderate demand for the greenback, fund...
FE Report | 2008-06-26 00:00:00
An official committee is scheduled to hold a meeting today (Thursday) to review the latest hike in prices of rice, potato and edible oils.Commerce Adviser Hossain Zillur will preside over the meeting to be held at the commerce ministry. The...
FRANKFURT, June 25 (AFP): The global economy is coming to a halt, the Munich-based Ifo economic research institute said yesterday, amid slowdowns in western Europe, the United States and China.Ifo's World Economic Climate indicator fell "to its lowest level in...
BNP secretary general Khondoker Delwar Hossain Wednesday demanded release of Khaleda Zia from pre-trial detention by June 30, a party insider said.MA Malek, president of Jatiyotabadi Samajik Sangskritik Songstha (Jasas), quoted Delwar as saying that the leader also repeated his...
Stephen Cecchetti | 2008-06-26 00:00:00
The US housing market has collapsed, placing severe strains on the financial system and, as a direct consequence, workers and companies are suffering. But the real concern is not that there will be a few quarters with below average real...
FE Report | 2008-06-26 00:00:00
The panel led by SM Janangir Hossain and Mohammad Mansur has been elected unopposed in the executive committee election of Bangladesh Fruits, Vegetables & Allied Products Exporters' Association (BFVAPEA).SM Janangir Hossain and Mohammad Mansur were elected president and general secretary...
A special court Wednesday dispensed with personal attendance of detained accused Arafat Rahman Koko during the trial proceedings in the GATCO graft case, reports UNB.After hearing both the defence and the ACC prosecution lawyers, Judge Shahed Noor Uddin granted Koko's...
WELLINGTON, June 25 (AFP): Consumer confidence in New Zealand has plunged to a 17-year low amid soaring food and fuel prices and a sharp slowdown in the housing market, an economic survey showed today.The Westpac McDermott Miller consumer confidence index...
Md Asaduzzaman | 2008-06-26 00:00:00
THE compelling need to attempt deep and driving reforms in the country's civil services has been felt for a long time though little was done to this end. There is a proposal to create a 'senior service pool' with its...
Brunei will need more manpower for running its big projects, and Bangladeshi workers can avail the opportunity of getting more jobs there as their performance is good, reports BSS.Outgoing High Commissi-oner of Brunei Haji Abdul Rahman Bin Abdul Hamid said...
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