Robin Kwong and Raphael Minder,FT Syndication ServiceHONG KONG: Debt-raising activity in Asia so far this month slowed to its lowest level since February last year, in a sign that market concerns stemming from the US subprime mortgage crisis have now...
FE Report BRAC Bank Limited has arranged a syndicated term loan worth Tk 500 million (50 crore) for the Basic Unit for Resources and Opportunities of Bangladesh (BURO Bangladesh), a microfinance institution of the country.An agreement in this connection was...
Fifteen Muslim countries, including Saudi Arabia and Kuwait, have pledged to donate 'zakat' money and meat of sacrificial animals for the cyclone victims of Bangladesh. The ambassadors of the Muslim countries made the pledge when they met Food and Disaster...
Eighty-five detained political leaders were produced Thursday before the High Court's detention advisory board that would decide whether to extend their detention. Politicians in custody, including Awami League General Secretary Abdul Jalil, BNP Standing Committee Member Khandaker Mosharraf Hossain and...
Two terrorists were arrested with a revolver while they were fleeing after killing a jhut (scrap cloths) trader on RM Das Road in the city's Sutrapur area Thursday afternoon. Witnesses said a gang of muggers, numbering three to four, intercepted...
CHITTAGONG, Nov 29: Condemned convict Poritosh Rudra was hanged Wednesday night at the Chittagong Central Jail for killing his wife and son. — UNB
FE ReportGeneral investors and depository participants (DPs) are facing problems in complying with an order issued by the Securities and Exchange Commission (SEC) regarding opening of fresh beneficiary owners' (BO) accounts and updating the existing ones.As per an SEC directive...
Siddique Islam The World Bank (WB) has offered a special fund only for very small entrepreneurs, particularly in the cyclone-affected areas, official sources said.The Washington-based multilateral development partner has sent an initial proposal to the Bangladesh Bank (BB) for taking...
FE Report A US-based lobbyist engaged by Bangladesh Garments Manufacturers and Exporters Association (BGMEA) to pursue the passage of the New Partnership and Development Act (NPDA) -2007 in the US Congress has suggested that the foreign ministry of the government...
FE ReportThe 24th Economic Commission (EC) meeting of the D-8 group has reached consensus on making its Preferential Trade Agreement (PTA) operational by June next and also on adoption of a 20-year road map for development in intra-member trade, commerce...
The Coal Policy Review Committee (CPRC) is going to hear the view of Asia Energy in a meeting today (Friday), as the UK-based company pleaded to clarify its position about the Phulbari coalmine project, reports UNB.The decision was taken by...
BNP will soon convene a party council to amend its constitution, and apply to the Election Commission (EC) for registration well before the deadline, BNP Acting Secretary General Hafizuddin Ahmed said Thursday, reports bdnews24.com. "It's not because the Chief Election...
Seven persons were awarded capital punishment by a speedy trial court in the city Thursday for the murder of four people in the city's Badda area, reports UNB.The convicts to go to gallows are Atiqur Rahman Masum, Shafiqul Islam Masud,...
BARGUNA, Nov 29 (bdnews24.com): Hundreds of cyclone-stricken villagers demonstrated for urgent relief at the Barguna district headquarters defying emergency rule for the second day Thursday. Two weeks after the Cyclone Sidr battered the southern districts, hapless communities living in remote...
FE ReportSpeakers at a seminar stressed the need for undertaking a long-term plan for development of women entrepreneurship aiming to empower them economically.They said women's economic empowerment is a pre-condition for national development and sustainable democratic system. They were speaking...
FE ReportThe US dollar was stable at its high level against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with steady demand for the greenback despite restriction on the use of third currency, fund managers said.The inter-bank...
The Anti-corruption Comm-ission (ACC) has decided that all the submitted inquiry and investigation reports on corruption allegations and cases would be reexamined either fully or partially if necessary to make them more objective.Speaking at the Commi-ssion's regular briefing Thursday, ACC...
There has not been any such disaster facing the nation as to halt the 'election express', said Chief Election Commissioner (CEC) ATM Shamsul Huda Thursday. "It's true that because of recent recurrent natural disasters, the Election Commission (EC) is faced...
Echoing the remarks of the Chief Election Commissioner (CEC), Law Adviser Barrister Mainul Hosein said Thursday the government must see whether or not constitution of a political party is democratic as a lack of it spelt doom for democracy in...
Indian External Affairs Minister Pranab Mukherjee arrives in Dhaka tomorrow (Saturday) to convey solidarity of the people of India with the people of Bangladesh in their hour of need. During his visit, the Indian minister will meet Chief Adviser Dr...
CHITTAGONG, Nov 29 (UNB): The charge-framing in the Bijoy TV corruption case could not be held today (Thursday), as the main accused, detained Chittagong City Corporation (CCC) Mayor ABM Mohiuddin Chowdhury, was not produced before the court.Judge of Divisional Speedy...
BHOLA, Nov 29 (bdnews24.com): Awami League presidium member Tofail Ahmed called today for national unity to make up for devastation caused by cyclone Sidr. "National unity is our main strength to face this national disaster," Tofail said while distributing relief...
The incumbent government in spite of its limited mandate has set off to prepare the second Poverty Reduction Strategy Paper (PRSP-2) for the 2008-2011 period. With this end in view, the government has also formed a committee which has been...
ADB in its latest Bangladesh Quarterly Economic UpdateGOOD governance has several benefits: (i) economically, it directly contributes to the GDP growth of a country; (ii) politically, it allows service providers to be more accountable for their actions; and (iii) morally,...
John Burton and Amy KazminAT its latest annual summit, the Association of South-East Asian Nations adopted the motto: "One Vision, One Identity, One Community". The slogan may come back to haunt the 10-member group given the scepticism that has greeted...
Md. Rezaul KarimJUTE is an agricultural product, produced in cultivable land by the farmers. In all stages of the production of jute, a large number of people is required. Bangladesh is densely populated. So, the cultivation of jute is invariably...
Grameen and other non-conventional banks operating the countryside report high rates of recovery out of their lendings. Unfortunately, this knowledge could not inspire the country's mainstream banks to spread their business in the rural areas. With easy access to banking...
THE United States is sponsoring the Middle East Peace Conference in Annapolis. The step is welcome but serious doubts still exist over how far it will help bring an end to the long-lingering problem. The creation of a viable Palestinian...
Catherine Collins and Douglas Frantz Globalisation, what a concept. You can get a burger prepared your way practically anywhere in the world. The Nike Swoosh appears at elite athletic venues across the United States and on the skinny frames of...
Sean CroninJonson Joy gets up at 5 a.m. every day to work 13 hours on a Dubai construction site then comes home to a dormitory next to an overflowing sewage tank. He earns $245 a month and sends half to...
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