NARAYANGANJ, Sept 25 (UNB): Agitated garment workers Tuesday morning put up barricade on the Dhaka-Sylhet highway and damaged a number of motorised vehicles following the death of a female garment worker in a road accident in Sonargaon upazila.The unruly garment...
Shakhawat Hossain Garments sale in the city's wholesale market on occasion of the Eid festival is yet to pick up due to sluggish economic activities in the aftermath of recent floods, businessmen said.The businessmen of the cities five main hubs...
FE Report Bangladesh has urged major donors to extend "focussed" aid to the less developed nations, enabling them to prepare groundworks for increased trade and derive the benefits of globalisation."Donors' money should be forthcoming particularly in the area of infrastructure,...
FE ReportThe debut trading of Trust Bank shares is likely begin on both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) October 1 next.The DSE board in a meeting Tuesday fixed the tentative date for the debut trading of...
This year's fitra has been fixed at Tk 55 per head for the capital Dhaka and its adjoining areas. A meeting on 'Sadkatul Fitr', held at the Islamic Foundation Tuesday, fixed the fitra as per the present market price of...
Results of the four-year Honours (Integrated) course final examination under-2005 of the National University (NU) have been published. The results of Bangla, History, Islamic History and Culture, Islamic Studies, Philosophy, Arabic, Economics, Anthropology and Physics have been published Tuesday. Results...
A gold trader was killed by so-called "Agyan Party" (Senseless Party) at Jhonson Road in old Dhaka Monday night. The victim was identified as Manoranjan Ghosh (50), a gold trader. He used to reside in his shop at 9 Tanti...
FE Report The Bangladesh Bank (BB) has raised the limit of cash transaction which the banks are required to report to Tk 0.70 million from the existing Tk 0.50 million, effective from this month. The central bank has relaxed the...
Doulot Akter MalaThe Pre-Shipment Inspection (PSI) Company M/S Cotecna Inspection SA has responded to the showcause notice issued by the National Board of Revenue (NBR) and sought for a hearing on its performance.The board will soon arrange for a hearing...
Jasim Uddin HaroonThe industrial production of major goods both in the state-owned enterprises (SoEs) and private sector rose considerably in June over May this year despite crackdown on warehouses and factories early this year to deter hoarding and trading in...
M Azizur RahmanThe Power Division is thinking to draw up a plan to turn the Rural Electrification Board (REB) into a company for its capacity building and ensuring affordable and reliable electricity to all by the year 2020."We are looking...
CHITTAGONG, Sept 25 (UNB): The government will soon form a high-profile regulatory commission to formulate a trade policy to regulate businesses.This was disclosed at a view-exchange meeting between government officials and leaders of the business community here Tuesday.Commerce Ministry and...
FE ReportThe World Bank (WB) is likely to approve tomorrow (Thursday) the proposed US$75 million budgetary support credit for Bangladesh at its board meeting in Washington.An official in the World Bank Dhaka office Tuesday said that its board meeting on...
BNP Secretary General Khandaker Delwar Hossain has said, BNP Chairperson Khaleda Zia and Awami League President Sheikh Hasina should be released to pave the road to democracy, reports UNB."It is the desire of the people that the two leaders be...
FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market with stable demand for the greenback. The inter-bank call money rate also remained unchanged despite withdrawal of cash through reverse repurchase agreement...
In line with the European Union (EU)'s guidelines on human rights, Dutch Ambassador in Dhaka Bea Ten Tusscher Tuesday said the EU is keeping watch on the present human rights situation in Bangladesh, reports UNB.The EU in its human rights...
Dhaka stocks slumped in the midday trade Tuesday as investors continued selling off shares of the heavyweights in the banking and power sectors to gain from the previous three-day rally, reports bdnews24.com. Mutual funds also added to the losses, which...
Mark Renton, Asia Pacific Head of Investment Banking for Citigroup, arrives in the city on a day-long visit today (Wednesday), said a press release. During his visit Mark will call on capital markets regulators, Citigroup's clients and attend the formal...
The High Court (HC) Tuesday ordered the National Board of Revenue (NBR) to accept income tax return of Tk Tk 3.92 million (Tk 39.20 lakh) for the tax years from 2002 to 2007 of Arafat Rahman Coco, the younger son...
Malaysian government has introduced a new rule for receiving the Bangladeshi workers by their recruiters at Kuala Lumpur Airport, reports UNB.According to the new rule, the recruiters concerned will have to receive their Bangladeshi workers at the airport within 24-hours...
Broderick Perkins Build more conveniently located homes in walkable neighborhoods and not only will people get more housing choices, drive times will shrink and that will reduce the nation's carbon footprint. A carbon footprint isn't some forensic term for the...
A new research report from HSBC Global Research points out that property prices in Abu Dhabi are among the lowest in the world compared to per capita GDP. Rental yields obtained on Abu Dhabi property also point to significant undervaluation....
The much-hyped concept these days, which is making its rounds in global economic platforms, is how to save money through investing in real estate. Investors all across the globe are trying to come up with innovative ways and means on...
Jackson SawatanInternational speakers and leading experts in housing have gathered in Singapore on Monday and Tuesday for the first ever Asia-Pacific Housing Forum, organised by Habitat for Humanity.The forum outlined the four key areas of housing development -- housing as...
Viet Nam is claimed the highest office space occupancy rates in Asia. With a shortfall in the availability of office space and high lease prices in Ho Chi Min City, companies in other industries are eyeing investment in commercial property...
Miki TanikawaBelievers in global equities have been rewarded with 16 percent annual returns since 2004. Believers in a different asset class - real estate - received even bigger prizes.Take the tax-efficient real estate vehicles called real estate investment trusts, which...
Anything in excess of the need does create functional problem for most systems, the banking system included. At the moment, country's commercial banks are floating on a record amount of excess liquidity-an estimated Tk. 145 billion-- because of a sluggish...
Syed Fattahul AlimWhat has the future in store for the rising economic giants of Asia? The rising giants as everyone knows are the two fastest growing developing nations, China and India. China's success early on, when it took the open...
Sarah MurrayTHESE days, among the growing number of westerners flying to places such as India or China are travellers who are not on a holiday or business trip, but on a site visit to a philanthropic project to which they...
Najmeh Bozorgmehr IRAN'S reform-minded former president, Mohammad Khatami, is considering running for the 2009 elections in the apparent hope that he will be seen as a saviour who can extricate Iran from domestic and international troubles.While cautioning that it is...
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