FHM Humayan KabirThe World Bank (WB) is likely to provide financial support for the development of the country's energy sector and help augment production and supply of the hydrocarbon, finance ministry sources said.A WB mission is scheduled to arrive Dhaka...
FE ReportThe US dollar slightly gained ground against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money also rose nominally in an active market due to...
Dhaka, Oct 24 (UNB)- Task force tonight raided and searched the Pallabi residence of Proshika chief Dr Kazi Faruq Ahmed and Gulshan residence of Awami League leader AKM Rahmatullah. The search at Kazi Faruq's residence continued till midnight. Details were...
The country has sufficient stock of urea fertiliser to meet the demand during the upcoming Boro season and the government is cautious about fertiliser reaching the farmers on time.Adviser for Law and Information Barrister Mainul Hosein said this after attending...
Two seminars on Bangladeshi garments were held in Tokyo and Osaka of Japan recently to help expand the markets of garments there.Quality and different aspects of the apparel industry and possibilities and opportunities of foreign investments in Bangladesh were also...
BANGKOK, Oct 24 (AP): Most Asian markets fell Wednesday, with Japanese banking shares pulled down by a report that US investment company Merrill Lynch would post third-quarter losses larger than forecast.Shares fell in Australia, Indonesia, Singapore and Taiwan. Stocks in...
LONDON, Oct 24 (AFP): European stocks stabilised Wednesday as dealers sat tight ahead of important US economic data and after a volatile start to the week. In late morning trade, London's FTSE 100 index of leading shares was up 0.20...
Paramount Ins makes debut todayTrading of the shares of Paramount Insurance Company Limited will start at DSE and CSE from today (Thursday) under 'N' category. DSE Trading Code for the company is "PARAMOUNT" and DSE company code is 25733. The...
FE ReportThe four-day Bangladesh Single Country Trade Exhibition 2007 began at the Japan External Trade Organisation (JETRO) Building in Tokyo Monday, said a press release. The exposition has been organised jointly by JETRO and Export Promotion Bureau (EPB), Bangladesh under...
FE ReportWalton, a renowned electronics and automobiles brand in the country, has opened its new showroom, namely Ababil Electronics at the city's BBNS Market recently, said a press release.Director of Walton SM Shamsul Alam and Senior Deputy Director Illias Kanchan,...
Fakhrul AlamChittagong, Oct 24: Two transit points at Hnila and Ghumdhum border meant for legal entrance into Bangladesh and Myanmar, have been kept closed for long 6 years since the destruction of the Twin Towers in the USA. As a...
Foreign adviser Iftekhar Ahmed Chowdhury has said the government will always work for national interests, specially with the World Trade Organisation (WTO), through interactions with the civil society organisations, reports BSS.Addressing a function of unveiling the cover of translation works...
FE ReportStandard Chartered (StanChart) Bank, Bangladesh has been rated AAA for long-term debt instruments and ST-1 for short-term debt instruments by Credit Rating Information and Services Ltd (CRISL), the oldest and largest rating agency in the country, recently. The triple...
FE ReportFive new Korean overseas volunteers (KOVs) under the sponsorship of the Korea International Cooperation Agency (KOICA) arrived in the capital Monday to render voluntary services for two years at various government organisations.Resident Representative of KOICA, Bangladesh Kim Chang Sup...
Our CorrespondentBRAHMANBARIA, October 24, sweetmeat industry is on the verge of extinction in the district as the prices of raw materials have increased manifold and gone beyond the artisans' buying capacity.They produced sweetmeat items like Chhanamukhi, Rossmalai, Rajbhog, Mohonbhog, Sponj,...
FE ReportKaiser Tamiz Amin has been appointed deputy managing director (DMD) of BRAC Bank Ltd recently, said a press release. In his new responsibility, he will be leading key strategic and management initiatives of the bank to support its long-term...
KARACHI, Oct 24 (AP): The senior detective leading the probe into the suicide attack on former Prime Minister Benazir Bhutto has withdrawn from the case because she objected to his credentials, a senior official said Wednesday. "The investigation team will...
Tom Engelhardt They can't help themselves. They want to confess. How else to explain the torture memorandums that continue to flow out of the inner sancta of this administration, the most recent of which were evidently leaked to the New...
Beena Sarwar from Karachi'Jaanisar-e-Benazir' (bodyguards ready to die for Benazir) proclaimed the white t-shirts sported by Pakistan Peoples' Party (PPP) workers responsible for security around the convoy of former prime minister Benazir Bhutto as she returned to Pakistan on Thursday,...
Some members of the administrative cadre last Sunday at a seminar harangued the government against the process of judiciary separation with the threat of work stoppage from November 1, the date of implementing the work of judiciary separation. However, on...
Enayet RasulTHE pages of newspapers and contents of media these days focus prominently and regularly on the depressed economic scenario of the country. Specially, the poor investment rate is emphasised and how the same is debilitating the economy.The acceleration of...
James Wilsdon THE names of Nasir al-Din al-Tusi and Ibn al-Nafis may be less familiar to many people than those of Isaac Newton or Albert Einstein. But these and other Islamic scholars of the 12th and 13th centuries belong in...
Amirul Islam THE triumph of the market economy or free market economy is evident everywhere. The features of it are less state control, wider choice of consumers and their benefiting in terms of prices and quality from the intense competition...
The former chairman of the National Board of Revenue (NBR) who has announced his decision to go on voluntary retirement from public service obviously in protest against the order transferring him to the ministry of flood and disaster management as...
The regularities in Dhaka City Corporation (DCC), the country's largest local government body, are being investigated by the members of a special task force. This is a welcome move for cleansing the DCC of corruption. All concerned know how the...
WASHINGTON, Oct 23 (AFP): The head of the International Monetary Fund, Rodrigo Rato, warned yesterday of a potential "abrupt fall" in the US dollar that could roil the global economy. "There are risks that an abrupt fall in the dollar...
UNITED NATIONS, Oct 23 (AFP): The UN General Assembly is to host a meeting this week to lay the groundwork for a review of global poverty reduction pledges, made in Mexico five years ago, a UN statement said yesterday. The...
GENEVA, Oct 23 (AFP): The chief World Trade Organisation (WTO) negotiator on the contentious topic of industrial goods yesterday urged member states to inject fresh life into stalled talks, trade sources said. Don Stephenson, the chair of the negotiating group...
MARRAKESH, Morocco, Oct 23 (AFP): France signed more than two billion euros (2.8 billion dollars) of civilian and military contracts with Morocco Monday during a state visit by French President Nicolas Sarkozy. Top among them was a draft accord for...
SEOUL, Oct 23 (AFP): A South Korean shipbuilder said today it has bought a major stake in a Norwegian shipyard for 800 million dollars in an attempt to move into the European market. STX Shipbuilding, the world's seventh-largest shipyard, said...
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