FE Report The inter-bank call money rate rose slightly Sunday due to withdrawal of cash through treasury bills, fund managers said.The US dollar, however, maintained its stable face although the market was moderately active due to weekend in international market,...
FE ReportThe trading of the Continental Insurance Company Limited will begin tomorrow (Tuesday) in the stock market.The Dhaka Stock Exchange (DSE) board in a meeting held Sunday fixed the debut date of the company's share trading on the bourse, sources...
The Election Commission (EC) will start its second round of dialogues on election reform laws with the political parties next week, said Election Commissioner Sohul Hossain Sunday, report UNB and bdnews24.com. "If dialogue with BNP is delayed, we will hold...
Hundreds of employees of the national airlines, who were allegedly forced to retire under the Voluntary Retirement Scheme (VRS) last year, are preparing to file writ petitions with the High Court (HC) against the Biman Bangladesh Airlines Ltd authority, reports...
TOKYO, Feb 11 (Reuters): Beyond the immediate challenge of crisis containment, the Group of Seven (G7) industrialised nations promised over the weekend to fix the financial market faultlines that are destabilising the global economy.The next few months will tell whether...
THE year 2007 was an eventful year for the country's stock market. Records in daily transactions, market capitalisation etc., were galore. The market for the first time since the crash of 1996 truly came back to life and, barring occasional...
Shahiduzzaman KhanTHE first ever non-resident Bangladeshi (NRB) conference was held late last year with a pledge to help the country become a middle-income state by 2021 with long-term contribution by the NRBs in the different fields of development. The year...
Jo Johnson INDIA is struggling to contain its worst avian influenza-epidemic, in spite of culling 3.4m birds and setting up a 5km poultry exclusion zone round the state of West-Bengal, the epicentre of the outbreak.The government's failure to reassure farmers...
Ahmed Showkat MasudIN a time of high inflation both trading and manufacturing will need more working capital to maintain their existing level of activity. But it is desirable to check the increasing demand for more working capital as the government...
IT has become a 'fashion' for the official visitors from abroad to pour unsolicited advice to our government specially on political matters such as lifting of emergency etc. I cannot figure out what is the problem of those people if...
It's pretty funny to observe dingdong activities of well-read people when they act like a fool. I am not sure why they do this? Without settled proceeding, it will be hard to overcome deep-rooted social and political problems. For example,...
Dr. Charles MerciecaTHE New Webster's Dictionary describes capitalism as an economic system characterised by private ownership of natural resources and means of production. The same dictionary describes hostage as a person handed over to an enemy as a pledge for...
Thomas RussoWITH US mortgage foreclosures set to top 1.0 million this year and home prices falling at the fastest pace since the Great Depression, Lehman Brothers Holdings Inc. Vice Chairman Thomas Russo says the government must take action to prevent...
Dina BassSOME Microsoft Corp. shareholders say the software maker's $44.6 billion bid for Yahoo! Inc. may backfire and reduce its ability to compete with Google Inc. in Internet consumer services and advertising. ``This is a stupid deal, and I'm not...
GENEVA, Feb 9 (AFP): The World Trade Organisation (WTO) yesterday offered more flexibility to member states over the thorny issue of industrial products by removing a set of numbers to calculate tariff ranges. The new proposals came along a revised...
WASHINGTON, Feb 9 (AP): People's confidence in the economy sank even lower amid heightened fears about shrinking job opportunities and the possibility the country is falling into recession.According to the RBC Cash Index, confidence dropped to a mark of 48.5...
RIO DE JANEIRO, Feb 9 (Xinhua): Brazilian Minister of Agriculture Reinhold Stephanes signed yesterday an agreement with the Brazilian-Arab Chamber of Commerce aimed at boosting commercial partnerships with 22 Arabic-speaking countries. In order to prospect new business, officials at the...
LONDON, Feb 9 (Reuters): The right to ask for flexible working should be extended to all employees to help tackle the pay gap between men and women, a committee of MPs said today. The government should consider a "gradual extension"...
LONDON, Feb 9 (AFP): This week, precious metal platinum forged yet another record high on the back of flagging output from leading producer South Africa. Wheat also rocketed to an historic peak in Chicago, thanks to tumbling inventories and keen...
LONDON, Feb 9 (AFP): OPEC could switch the pricing of oil from dollars into euros within a decade, secretary general Abdullah al- Badri told a weekly magazine. The Organisation of the Petroleum Exporting Countries could adopt the euro to combat...
FE ReportArku will export 150 containers of its products to Saudi Arabia soon. The products will be marketed in Mecca, Medina and Jeddah. An agreement was signed in this connection between Lalmai Group Director Iftaker Rashid and Arabian Happiness Establishment...
BRUSSELS, Feb 9 (AFP): The European Commission blasted yesterday the WTO's backing for a US complaint against Europe's banana import regime as "regrettable" and "irrelevant." "It is regrettable that the WTO DSU (dispute settlement understanding) mechanism is allowed to be...
NEW YORK, Feb 9 (AFP): Oil prices rose strongly yesterday on supply disruptions in Nigeria, Africa's biggest oil exporter, and amid expectations of colder weather in key energy consumer the United States, traders said. New York's main oil futures contract,...
Same-store sales at McDonald's rose by 1.9 per cent in January, the fast-food chain said Friday, helping quell some fears after the company's flat December. McDonald's said that worldwide, sales at stores open at least 13 months jumped 5.7 per...
RIO DE JANEIRO, Feb 9 (Xinhua): Brazilian Minister of Agriculture Reinhold Stephanes signed yesterday an agreement with the Brazilian-Arab Chamber of Commerce aimed at boosting commercial partnerships with 22 Arabic-speaking countries. In order to prospect new business, officials at the...
ISLAMABAD February 09: The Federal government has decided to reduce percentage of taxes on edible oil and ghee to bring down the sky rocketing prices of these items in the open market, official sources told Business Recorder.The sources said that...
Our CorrespondentCHITTAGONG, Feb 9: The government is determined to turn greater Chittagong into an investment-friendly zone, attracting entrepreneurs from both home and abroad, sources said.Considering its geographical location, Chittagong is potential in the field of investment which occupies an unparalleled...
FE ReportBangladesh CNG filling station and conversion workshop owners' association Saturday urged the government to take necessary measures for ensuring safe use of CNG cylinder in vehicles."We will urge the authorities concerned of the government for required measures to stop...
KISHOREGANJ, Feb 9 (UNB): The government is being deprived of revenue worth over Tk 20 million (2 crore) as 11 water-bodies of the district cannot be given on lease for long following the court's stay order.According to local ADC (Revenue)...
BRAC Bank Limited has recently signed a memorandum of understanding (MoU) with Bangladesh Supermarket Owners Association.Under the agreement, BRAC Bank will extend SME (small and medium enterprise) loans to the suppliers of supermarkets countrywide through its Supplier and Distributor Finance...
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