FE ReportShares worth Tk 1.22 billion of seven companies that are in the pipeline are expected to be floated in the country's stock market within next few months.The companies -- Jamuna Oil, Meghna Oil, Rupali Life Insurance, Delta Brac Housing,...
WASHINGTON, NOV 7 (Agencies): Congress and the US government are taking a second look at American aid to Pakistan after President PervezMusharraf's declaration of emergency rule and a crackdown on hispolitical opponents.However, US officials are concerned about going too far...
FE ReportThe gold price in the local market rose further Wednesday due to price hike of the precious metal in the international markets.The local market operators attributed the price hike of gold to world's volatile political situation, higher cost of...
The 3rd Karnaphuli Bridge on the Karnaphuli in Chittagong is likely to be opened to traffic before the schedule, as its work is going on in full swing. The work of the much-awaited bridge, costing Tk 5.90 billion with 950-metres...
Indian government has raised export price of rice by $115 per tonne to $425 discouraging the importers. While relaxing restriction on rice export, the Indian government in a circular on November 4 said, "rice cannot be exported to Bangladesh at...
Bengal Group owner Abul Khair Litu was freed on bail Wednesday after five months in jail. DIG (prison) Major Shamsul Haider Siddiqui said, We received Litu's bail order from the High Court Tuesday night, and he was freed shortly after...
A 27-member business delegation from Bangladesh will be visiting Oman from November 10, seeking to strengthen economic and trade ties between the two countries. During the three-day visit, the delegation from the Federation of Bangladesh Chambers of Commerce and Industry...
Refayet Ullah MirdhaPrices of edible oil both in the local and international markets have reached their highs in 33 years following diversification of usage of the crop and higher freight rate.Given the situation, the market operators apprehended that both consumption...
FE ReportThe country's power supply situation has aggravated further due to suspension of two big power units.Sources in the Power Development Board (PDB) Wednesday told the FE that due to gas supply shortage the Board suspended the 210-megawatt (MW) power...
FE ReportThe Planning Commission (PC) is likely to allocate funds to some new development projects under the post-flood rehabilitation programmes.Sources in the PC said the commission will sit at a meeting on November 11 and might allocate funds to the...
FE Report Primary dealers (PDs) will make a proposal to the central bank to take an initiative for setting up a separate platform at the Dhaka Stock Exchange (DSE) for trading in only government-approved securities to bring dynamism in the...
FE Report A high-level meeting with the country's major donors, slated for this month, has been postponed in view of the government's lack of preparations, a top official said. The bi-annual Poverty Reduction Strategy (PRS) Implementation Forum meeting, which was...
M Azizur RahmanUS oil giant Chevron has planned to conduct a three-dimensional (3D) seismic survey at northeastern Moulavi Bazar under Block 14 in January 2008 to explore new gas reserve.The survey will cover around 152 square kilometers of area that...
FE Report The World Bank (WB) has proposed a nine-point action plan for the Bangladesh Bank (BB) to expedite the implementation of ongoing central bank strengthening project (CBSP).The plan covers procurement of information technology (IT) packages.A WB team that concluded...
FE ReportPrices of fine and coarse varieties of rice in the city's wholesale market are too high compared to those at millers' level across the country, sources said.They said prices of per maund of fine and coarse rice, including the...
Cement manufacturers are in trouble due to a slump in construction activities against the backdrop of a steady rise in output costs, reports bdnews24.com. "Local demand for cement is very poor. It appears that the construction sector is in depression...
FE Report The government has appointed Golam Rabbani, a joint secretary, as the chief executive officer (CEO) of the newly-established Regulatory Reform Commission.In addition, five deputy secretaries have been transferred to the commission secretariat, housed at the Board of Investment,...
FE ReportA 49-member trade delegation will visit Malaysia on November 12-15 aiming to reduce Bangladesh's trade deficit with that country.The delegation, comprising importers, exporters and investors from different trade bodies, will attend the INTRADE Malaysia 2007, organised by Bangladesh- Malaysia...
The National Board of Revenue (NBR) has lately taken some welcome steps towards restoring the confidence of the business community. Such steps have come in the changed situation where measures have been taken to ensure compliance of the taxpayers through...
Enayet RasulTHE nutritional state of the people of Bangladesh is seen as among the poorest in South Asia, not to talk about the rating in the world context. But there is time to think and take actions because the situation...
Tobias BuckWHILE Israeli and Palestinian negotiators grope their way towards a US-sponsored peace meeting in Annapolis later this year, investors and economists are struggling with a different problem: how to justify the strength of the Israeli economy.Last year's botched war...
Ahmed AliOUT of 35 private sector-run medical colleges in the country, many are, reportedly, medical colleges in name only. The operating licences to 25 of them were allegedly given on political considerations or under the influence of powerful quarters. The...
A government, worth its name, must be free to exercise its authority. It may be a caretaker government but that does not mean that it should be run according to the wishes or dictates of outsiders. In that case, it...
POLICE excesses are fairly common in Bangladesh. Deaths of detained persons, in police custody, were reported in newspapers. Then there were other abuses such as arrests and harassment of individuals on flimsy or no grounds, to be released later on...
THREE decades of the country's experience with privatisation calls for its close scrutiny. What other than a dose of scepticism does the outcome of it create at the end of 30 long years? The programme for privatisation, or reassigning the...
Martin WolfDOES a country have the right to determine the composition of its population? If so, how should it do so? These questions are hard to answer. That is presumably why the UK government has run what amounts to a...
Enamul HaqueSUBSTANTIAL land masses have surfaced in the Bay, off the Bangladesh coast. Some of these completely surfaced land masses have human habitations. Others, remaining submerged during tides and surfacing with the ebbing of the tide are likely to gain...
Jo JohnsonIT is a fair bet that when the ruling elite of a poor developing country ignores a non-violent protest by 25,000 desperate citizens, it will soon face a violent one. When a 25,000 strong army of landless workers, indigenous...
Fahima SiddiquiTHE government slapped a ban on its use in the country with effect from 1 January, 2002 with a view to protecting the environment. There are hardly any sign of its enforcement. A shopkeeper, being asked, will tell you...
IS there anything we can do for more than 50 per cent of the country's population living in poverty?. About 70 million others have the capacity to earn their bread and butter and the ability to save Taka one a...
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