FE Today Logo

Search results for:


EC reaffirms to work for indigenous people

2007-08-09 00:00:00

European Commissioner for External Relations Benita Ferrero-Waldner has reaffirmed the Commission's unwavering commitment to support indigenous people all over the world, including Bangladesh, reports UNB. "Climate change poses a particular threat to populations whose relationship to the earth and natural...

Supreme Court ends second day of Bangabandhu case hearing

2007-08-09 00:00:00

The Supreme Court wrapped up the second day of a hearing on a series of appeals in the Bangabandhu murder case Wednesday. The proceedings of the landmark case continue Thursday, reports bdnews24.com. An Appellate Division bench of Justice Tafazzal Islam,...

EU ready to help Bangladesh to overcome flood situation

2007-08-09 00:00:00

The European Union said Wednesday they are ready to help Bangladesh in whatever way they can to overcome the current flood and its aftermath, reports UNB.The assurance was made by a EU delegation, led by Ambassador of the Netherlands Kees...

Case filed against 23 AL workers, including 10 expatriates

2007-08-09 00:00:00

SYLHET, Aug 8 (UNB): A case was filed against 23 Awami League activists, including 10 expatriates, for violating the emergency power rules.SI of Kotwali thana Abdul Hamid filed the case against the AL men Tuesday, three months after joint forces...

A finance-savvy consumer's take on credit cards !

2007-08-09 00:00:00

Ershad Khandker CREDIT Cards used to be a status symbol when a middle aged man of today was young which was five years before today , in the fanciful mind of a middle aged man ! However the fact is,...

The first credit card was issued in 1951

2007-08-09 00:00:00

Taskin RahmanCredit was first used in Assyria, Babylon and Egypt 3000 years ago. The bill of exchange - the forerunner of banknotes - was established in the 14th century. Debts were settled by one-third cash and two-thirds bill of exchange....

Bank Asia credit cards: Your personal teller

2007-08-09 00:00:00

FE ReportBANK Asia Limited started its service almost a decade back in 1999 with a vision to serve people with modern and innovative banking products and services at affordable charge. Being parallel to the cutting edge technology the Bank is...

EBL credit card speaks customer's language

2007-08-09 00:00:00

FE ReportAli Reza Iftekhar is in helm of the Eastern Bank Limited as Managing Director -- Current Charge. Eastern Bank Limited (EBL) is one of the modern, fully online and technologically superior private commercial Banks in Bangladesh. EBL markets a...

AB Bank planning network of ATMs and Pos

2007-08-09 00:00:00

FE ReportAB Bank Ltd. And Euronet Worldwide have expressed their intention to work towards a nationwide network of ATM's and PO's (Point of Sales) devices and provide land management service for debit, prepaid and credit to the banks and their...

Six characteristics of highly profitable card business

2007-08-09 00:00:00

Mr. Iqbal HossainELECTRONIC payment industry is stepping into maturity in Bangladesh. Banks are now more focused on investing in card business either in the form of debit card and/or credit card; independent processing or processing though third party. In whatever...

$45m siphoned off from Biman's coffer in 5 yrs thru’ aircraft lease: TIB

2007-08-09 00:00:00

FE ReportThe Biman authorities siphoned off an estimated US$45 million in aircraft lease alone in the last five years, causing a perennial financial haemorrhage to the national airlines, says Transparency International, Bangladesh (TIB).But managing director of the renamed Bangladesh Airlines...

Floods, price hike and hoarding

2007-08-09 00:00:00

Shahiduzzaman KhanDevastating floods are now raging through the country. It is natural that during the floods and post-flood period, prices of essential commodities shoot up and hoarders stock these items to create artificial crisis for netting windfall profits.In order to...

Flood situation improves in nine dists

2007-08-09 00:00:00

Rescue officials counted 28 more bodies to take the death toll to 192 until Wednesday morning from the current floods that played havoc with half the country since mid-July, reports UNB.The death toll was 164 till Tuesday morning, according to...

Donors to help govt recover from flood losses

2007-08-09 00:00:00

FE ReportThe country's bilateral and multilateral donors have assured the government of support in its efforts to recover from the losses caused by the floods now sweeping the country.At a donor-government meeting Wednesday, some development partners made instant commitment of...

Khaleda's visit to flood-hit dists uncertain

2007-08-09 00:00:00

Former premier and BNP chairperson Khaleda Zia has planned to visit flood-hit Sirajganj and Tangail districts Saturday, report agencies."She, along with her entourage, would leave her residence at 7.0am in a motorcade for Sirajganj," said a party announcement Wednesday.ASM Hannan...

Central bank suggests actions to tame soaring inflation

2007-08-09 00:00:00

Shakhawat Hossain The Bangladesh Bank has put forward about half a dozen recommendations, including improvement of revenue generation, to check inflation that has almost soared to double-digit mark, official source said. The central bank has also requested the government to...

SC rejects Rangs' plea for halting demolition work

2007-08-09 00:00:00

The Supreme Court (SC) Wednesday summarily rejected Rangs Group's plea for halting Rajuk's ongoing demolition work of 22-storied Rangs Bhaban on old airport road in the capital, report UNB/bdnews24.com.An Appellate Division bench of five judges led by Justice Md Fazlul...

ADB warns on rising inequality in Asia

2007-08-09 00:00:00

Richard McGregor , FT Syndication ServiceBEIJING: China and Nepal have the largest rich-poor gaps in Asia following a decade in which income distribution in the region has become increasingly skewed in favour of the rich, according to a new study...

HC to hear appeals Aug 21 to quash Hasina graft cases

2007-08-09 00:00:00

The High Court (HC) Wednesday deferred until August 21 a hearing of the petitions for quashing MiG-29 fighter plane, frigate and Meghnaghat Power Plant graft cases against Awami League chief Sheikh Hasina, reports bdnews24.com. An HC bench of Justice Nazrul...

BTTB digital phone's line rent, shifting charges refixed

2007-08-09 00:00:00

The monthly line rent and shifting charge of BTTB digital land phone have been refixed with effect from August 01, said a government announcement Wednesday. The line rent for the divisional and district headquarters has been reduced to Tk 100...

CNG-run auto rickshaw driver strangulated

2007-08-09 00:00:00

A driver of a CNG-run auto rickshaw was strangulated to death in the city's Moghbazar area early Wednesday. The dead was identified as Nirob alias Shahin, 40, hailed from Jorkhali village in Kathalia Upazila of Jhalakati district. Motives behind the...

BB starts preliminary work on country's sovereign rating

2007-08-09 00:00:00

Siddique Islam The Bangladesh Bank (BB) has started the preliminary work on the country's credit rating within the next six months for the first time to help mobilise funds from overseas sources and foreign investment.The Ministry of Finance (MoF) has...

Local investors resent 'stringent' terms in pre-qualification bid

2007-08-09 00:00:00

Jasim Uddin Haroon Local investors intending to participate in the international tender for appointment of investor-cum-operator for the New Mooring Container Terminal (NCT) in Chittagong port expressed resentment over, what they said, stringent terms and conditions. The major terms and...

Ministries directed to do pre-planning for post-flood rehabilitation

2007-08-09 00:00:00

The Council of Advisers of the caretaker government Wednesday asked the concerned ministries to do advance planning for post-flood rehabilitation operation and "immediately" introduce vulnerable group feeding (VGF) card to feed the distressed people in the worst affected northern districts,...

DSE indices decline again on price correction, flooding

2007-08-09 00:00:00

FE ReportThe price indices on the Dhaka Stock Exchange (DSE) fell Wednesday again due to price correction and the current flooding.Market operators said stock prices on the DSE declined as the investors were very cautious about making their investment due...

Dhaka to request Delhi to drop 450 items from sensitive list

2007-08-09 00:00:00

Bangladesh would request India to drop from its sensitive list 450 products of Bangladesh's export interest on non-reciprocal basis to derive trade benefits as assured by Indian Prime Minister Manmohan Singh, reports UNB.An inter-ministerial meeting at the Ministry of Commerce...

ACC sues 10 bureaucrats

2007-08-09 00:00:00

The Anti-Corruption Commission (ACC) Wednesday sued a band of 10 bureaucrats, including former power ministry secretary ANH Akhter Hossain, on graft charges, reports UNB.Deputy Director of the anti-graft watchdog body Mahbubul Alam filed a case against them with Shahbagh police...

Country set to get Japan fund for power project

2007-08-09 00:00:00

S M JahangirBangladesh is set to receive a fund amounting to 41.2 billion yen from the Japan Bank for International Cooperation (JBIC) for the country's power projects that include setting up of a 360 megawatt (MW) power plant at Haripur.Installation...

Dollar, call rate unchanged

2007-08-09 00:00:00

FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market because of moderate demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT moved between Tk 68.50...

UN Secy-General expresses sadness over flood casualties in South Asia

2007-08-09 00:00:00

UN Secretary-General Ban Ki-moon has expressed deep sadness as monsoon floods have killed hundreds of people and affected tens of millions in South Asia, including Bangladesh, and reaffirmed the UN's readiness to help the victims, reports UNB. In a message...