Refayet Ullah MirdhaThe Arab Bangladesh (AB) Bank, whose credit rating has been improved due to overall excellence in banking business, made a hefty net profit worth Tk 766.851 million during January-June 2007 period.The AB Bank that also operates Islamic banking...
FE Report The micro-credit regulatory authority (MRA) has decided to issue licences to the micro-finance institutions (MFIs) from next week to comply with the existing micro-credit regulatory act. The decision was taken at a meeting held at the central bank...
Doulot Akter MalaThe government is expediting its move to establish an Active Ingredients Park (API) by 2008 aiming to cash in on the waiver of patent laws offered by World Trade Organisation upto 2016.The government held a meeting Wednesday with...
General shareholders of Delta Life Insurance Company urged the government Wednesday to help appoint an administrator to the company by moving court again to overturn a stay order, reports bdnews24.com. The High Court last month stayed the government's move to...
FE ReportIndian industrial conglomerate Tata is planning to divert its fund to Vietnam if the Bangladesh government responds in the negative to their US 3.0 billion investment proposal. "We are now focusing on Vietnam. We are hoping the government will...
FE Report Finance Adviser Mirza AB Azizul Islam said Wednesday the country needs continuous support like duty and quota free access to the markets of the developed countries in order to sustain the development activities and help achieve the millennium...
The government will soon launch international bidding for appointing a private operator to run the Biman Bangladesh Airlines, reports bdnews24.com quoting Adviser MA Matin Wednesday. "The operator will find ways and give advice to the civil aviation ministry to turn...
The Saudi government has asked Bangladesh to bring back 267 Rohingyas who had been arrested for travelling to the kingdom allegedly on forged Bangladeshi passports, reports bdndews24.com quoting an official Wednesday. "The home ministry held a meeting on the issue...
FE ReportBangladesh is set to join the Treaty of Amity and Cooperation (TAC) in Southeast Asia soon.The council of advisers approved Wednesday a proposal in this connection, an official handout said.Chaired by Chief Adviser Fakhruddin Ahmed, the meeting was held...
FE ReportThe US dollar gained ground against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market due to higher demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.64...
Myanmar Minister for Construction Saw Tun arrives in the city today (Thursday) to sign an agreement on construction of a 25-km road directly connecting Dhaka with Yangon, reports UNB.The Bangladesh government will finance construction of the road-measuring 2km from Gundhom...
As part of the Anti-Corruption Commission's efforts to revive the corruption cases against detained former Prime Minister Sheikh Hasina, hearing on the Meghnaghat power plant case, stayed earlier, will be held today (Wednesday) in the High Court, reports UNB.If the...
Twelve people were sentenced to death and eight to life term imprisonment by a court in Chittagong Tuesday in the sensational Jan-e-Alam murder case, reports UNB.The condemned convicts are Aiyub Ali, his son Zahirul Islam and brother Syed Ahmed, Kalimullah...
THE least developed countries (LDCs) report 2007 of the United Nations Conference on Trade and Development (UNCTAD) has virtually dismissed the view that foreign direct investment (FDI) helps a recipient LDC in diverse positive ways including rapid industrialisation. The report,...
Syed Fattahul AlimThe crucial resources on which the economies of the world, whether big or small, developed or developing, depend are what mother nature still preserves in her bosom in the form of various kinds of mineral ores. Of all...
M. Shamsul Haque After the Bangladesh Bank announced a contractionery monetary policy, there have been some arguments against it from local national chambers and one research centre. Meanwhile, Sadiq Ahmad of the World Bank's South Asia Sector Directorate wrote an...
Alan BeattieTHE sometimes secretive activities of those who make a business of suing bankrupt governments of developing countries are rarely associated with campaigns for transparency and openness.Development campaigners such as Oxfam and the Jubilee Debt Campaign inveigh against so-called vulture...
I would like to ask the DU teachers whether they have ever given a programme protesting widespread corruption and misuse of power of the two ladies. Today we hear about 'human right' but where was their human right considerations when...
Home - sweet home, these words indicate the craze of the common people for a dwelling house. Albeit belated, the BB's decision in this regard is praiseworthy. But setting of parameters based on outdated facts/variables may jeopardise the whole ideology...
WHEN the governor of the country's central bank publicly says "boosting investment is no job of the central bank" you must doubt whether the market economy is still operating in the country. Fiscal and monetary policies are the basic instruments...
AFM MohiuddinTHE numerous newspaper editorials or the endless talk-shows (gibberish) might continue to dissect the political discourse of the country; the street folks only care about two square meals a day. To the millions of malnourished and the poverty-stricken people...
Md. Anwarul KabirBASED on the Marxist economic theory of surplus value incorporated with the Darwin's theory of evolution in social sphere, socialism, the pro-poor doctrine was introduced in the late 19th century. Later on, the early 20th century has witnessed...
Stefan SternDO you mind if I make a rather embarrassing confession? I am not comfortable with ambiguity. This must explain why so few headhunters - well, none, actually - have been on to me in recent weeks about any of...
ISLAMABAD, (Pakistan), July 24 (Agencies) : Pakistan's foreign minister Tuesday repeated an earlier warning that a US strike against Osama Bin Laden could lead to dozens of civilian deaths. Speaking to the BBC on a US assertion that nothing can...
KABUL, July 24 (AFP): Afghan and US-led troops killed more than 75 Taliban rebels in two days of fierce fighting, while six NATO soldiers died in separate clashes, officials said Monday. The fighting came amid a renewed wave of violence...
BAGHDAD, July 24 (AFP): Arch enemies the United States and Iran launched a second round of rare face-to-face talks in Baghdad on Tuesday aimed at stemming the raging violence in IraqThe talks began at 10.15 am (0615 GMT) at the...
BAGHDAD, July 24 (AFP): A suicide bomber struck a busy commercial center in a major Shiite city south of Baghdad on Tuesday, killing at least 24 people and wounding dozens as the streets were packed with shoppers and people on...
LONDON, July 24 (PTI): Raj Kundra, a UK-based Indian- origin entrepreneur, Monday refuted allegations of his ex-wife Kavita that Shilpa Shetty was instrumental in breaking his marriage and apologised to the Indian actor and her family for the "shocking allegations."...
SOFIA, July 24 (Reuters): Six foreign medics convicted of infecting Libyan children with HIV were freed on Tuesday under a deal to improve Tripoli's ties with the European UnionTheir return to Bulgaria after eight years in captivity ends what Libya's...
COLOMBO, July 24 (AFP): At least 10 Sri Lankan government soldiers were killed and eight others wounded Tuesday when their military convoy was hit by a huge roadside bomb laid by suspected Tamil Tiger rebels, officials said. The victims, almost...
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