FE ReportStock prices nose-dived Sunday on the Dhaka Stock Exchange (DSE) despite partial withdrawal of ban on lending by merchant banks to retail investors early last week.The prime bourse witnessed a record fall of its general index by over 92...
The Caretaker Government ordered that 431 officers and employees of Sylhet City Corporation (SCC) be sacked on grounds that they were appointed "illegally". An official announcement Sunday said, "The termination decision was taken, as allegations of irregularities in their appointment...
Three officials of Chittagong WASA (CWASA) and a contractor were sentenced to 15 years imprisonment by a Chittagong court Sunday in a corruption case. Divisional Special Judge SM Solaiman, after examining records and prosecution witnesses, awarded them the 15 years...
When the judges of the civil courts at district-level enjoy a month-long annual vacation from December 1, the High Court (HC) Sunday ordered the government to constitute civil vacation courts in each district for disposing of urgent cases. The HC...
Bangladesh Bank Governor Dr Salehuddin Ahmed Sunday advised the branch officers of different commercial banks operating in the Sidr-hit areas of Barisal to provide banking support for quick resumption of economic activities, reports UNB. "Do whatever you can to rejuvenate...
Jasim Uddin HaroonThe Bangladesh Petroleum Corporation (BPC) negotiated the cost of premium with its Kuwaiti counterpart against import of 1.15 million tonnes of fuel which the state-owned organisation claimed would save the government at least Tk 250 million. The fuel...
Siddique Islam Most commercial banks are holding surplus funds with them to avoid any possible shortfall in cash ahead of the Eid-ul-Azha festival. Few non-primary dealer (PDs) banks participated in 28-day Treasure Bills (TB) auction, held in the Bangladesh Bank...
M Azizur RahmanPower supply have been restored throughout the country including the recent Sidr-affected areas after large-scale repair works were carried out by the state-owned power entities, said sources."Electricity generation across the country reached around 3,500 megawatt (MW) Sunday, the...
The government has taken initiatives to resume academic activities in full swing in the Sidr-affected areas by December 15 after reconstructing and repairing the educational institutions damaged by the Nov 15 storm, reports UNB. The Education Ministry has allocated Tk...
FE ReportThe National Board of Revenue (NBR) will hold a meeting today (Monday) to review the current status of the draft Development Project Proposal (DPP) being prepared for the Revenue Administration Modernisation Project (RAMP).Sources said the government in collaboration with...
Finance adviser AB Mirza Azizul Islam Sunday said the final review of the $65 billion (over Tk 87,000 crore) national budget proposed for fiscal 2007-08 depends largely on the materialisation of aid pledges, reports bdnews24.com. "Budget review is a continuous...
Chief Adviser (CA) Dr Fakhruddin Ahmed Sunday reaffirmed the present government's all out support and priority-based cooperation in expanding the competitive and legitimate commercial activities in the country and increasing export, reports UNB. "The trend of international market is now...
BARISAL, Dec 2 (UNB): Adviser M A Matin today expressed dissatisfaction at the role of business people and NGOs in the cyclone affected areas."Businessmen have played many tricks with prices of essentials. They must not do it anymore. Each man...
Dhaka Metropolitan Sessions Judge Md Azizul Hoque Monday set Dec 9 to continue trial proceedings of a case involving charges of extortion against Sheikh Hasina. The judge gave the decision after the first day of proceedings that took place on...
Slow pace of implementation of projects in the initial months and a bit of pruning of the Annual Development Programmes (ADPs) at the fag end of a financial year have been the hallmarks of the public sector development planning in...
Shahiduzzaman KhanBANGLADESH economy is now passing through a difficult time with enormous challenges ahead. The spiralling prices of essential commodities and the rising food inflation are at present the biggest challenges before the economy. Two consecutive floods and the most...
John KayWhy should I do anything for posterity? What has posterity ever done for me?Groucho Marx describes one end of a spectrum of opinion. The only obligation we owe to future generations is to sell them assets to pay our...
Obaidul Quader ChowdhuryTHE need for pushing through civil service reforms can hardly be overstressed for promoting good governance. Here the moot question is : what should be the core area to be addressed by this government in reforming the civil...
There is no shortage of cautionary words and warnings out to the media by the Securities and Exchange Commission (SEC) on -mvestments in the secondary market because of recent price hike. The SEC's responsibility cannot end there. The Public Limited...
FARMERS are unhappy as they are not getting the needed fertiliser supplies from the appointed shops or dealers. In most cases, the local stocks prove insufficient to meet the demand of the farmers, queuing up for fertiliser. Demonstrations or agitations...
Only a few years ago, we had a good number of air-conditioned buses operative on different routes in the capital city. The operators of the buses, Premium, Nirapad and Roadways gave us a different taste of journey. Many middle class...
Dahr Jamail "Sometimes I think it should be a rule of war that you have to see somebody up close and get to know him before you can shoot him." -- Colonel Potter, M*A*S*H Name them. Maim them. Kill them....
Meena Janardhan from DubaiAt the beginning of the century, there were few reputed airlines, tourist destinations, investment opportunities and educational institutions to choose from in the Gulf region. Those that existed were unique and faced little or no competition. However,...
GENEVA, Dec 1 (Agencies): World Trade Organisation (WTO) members agreed yesterday to aim to finish the marathon Doha round of trade talks next year. WTO Director-General Pascal Lamy-himself a keen marathon runner who is taking part in an annual Geneva...
TOKYO, Dec 1 (Xinhua): Government ministers and officials from over a dozen East and Southeastern Asian countries gathered yesterday in Japan to discuss ways to upgrade the region's hygiene level and solve sanitation problems. The region is enjoying steady economic...
WASHINGTON, Dec 1 (Reuters): The United States and European Union launched a proposal in world trade talks yesterday aimed at countering global climate change by removing barriers to trade to climate-friendly technologies. " World Trade Organisation (WTO) members have an...
WASHINGTON, Dec 1 (Reuters): The United States will push China to open its markets to more US farm goods and ensure the safety of its exports during high-level talks next month in Beijing, US officials said yesterday. US Commerce Secretary...
ISLAMABAD, Dec 1 (PTI): Pakistan's budget deficit has soared to nearly Rs.159 billion during the first quarter of this fiscal, as total expenditures stood at Rs.471.5 billion against the total revenue of Rs.312.6 billion. The fiscal deficit reached Rs.158.9 billion...
KATHMANDU, Dec 1 (Xinhua): The number of Nepali workers leaving for foreign employment increased 26 per cent during the first four months of the current fiscal year starting in mid-July, as compared to the same period last year, The Kathmandu...
TOKYO, Dec 1 (PTI): India has overtaken China for the first time as the most attractive business destination for long-term Japanese investments, results of a survey by Japan Bank for International Cooperation (JBIC) showed Friday. According to the JBIC's annual...
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