FE Report The Bangladesh Bank (BB) has asked two state-owned specialised banks to intensify disbursement of fresh agricultural credit to the flood-hit farmers across the country, official sources said.The instruction came at a review meeting of the Memorandum of Understanding...
The Afghan government has expressed optimism in the ongoing effort to release abducted BRAC official Nurul Islam, an adviser said Thursday, reports bdnews24.com.Foreign Adviser Iftekhar Ahmed Chowdhury told reporters: "The Afghan foreign office has communicated with us today (Thursday) that...
FE ReportThe debut trading of the Phoenix Finance and Investments Ltd (PFIL), delayed by several days, is likely to take place on the Dhaka Stock Exchange (DSE) on September 27 next following clearance from the Securities and Exchange Commission (SEC).The...
FE ReportThe US dollar retained its steady level against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market although the demand for the currency was high. The inter-bank call money rate was also steady in an active market,...
The death toll from snakebite, drowning, diarrhoea and respiratory diseases rose to 984 until Thursday since the country-experienced flood from July, reports UNB. According to statistics provided by the Health Department, of the total deaths, 837 were caused by drowning,...
The well-marked low over west central Bay and adjoining Andhra coast moved slightly northwards and until 12:00 noon is lying over west central Bay and adjoining northwest Bay off Orissa coast, reports UNB.It is likely to intensify further and move...
Pakistan High Commissio-ner (HC) in Bangladesh Alamgir Babar handed over shipping documents for 10,000 tonnes of wheat to Foreign Adviser Iftekhar Ahmed Chowdhury in his office in the city Thursday, reports UNB.This shipment is a gift from the government and...
CHUADANGA, Sept 20 (UNB): A Bangladeshi farmer was shot dead by Indian Border Security Force (BSF) at Medenipur frontier village under Jibonnagar Upazila Wednesday night.Villagers said while Shafiqul Islam (30), was guarding his aubergine field, BSF troops of Kutikhali outpost...
Mob lynched a suspected mugger at Rajarbagh in the city Thursday, reports UNB. The victim was identified as Ainal (26). Locals caught Ainal at about 12:00 noon while he was snatching valuables from a man. He was beaten black and...
FE ReportBritish Council (BC) is going to organise a creative writing workshop for young writers under its central and South Asia regional project, New Silk Route.BC is looking for 20 emerging creative writers (writing in English language), between the ages...
A USA-Turkey company is going to invest US$ 5.548 million to set up a garments accessories manufacturing industry in the Adamjee Export Processing Zone, reports UNB.Hundred per cent foreign owned company, r-Pac Bangladesh Packaging Co Ltd, will produce barcode, price...
TOKYO, Sept. 19 (Bloomberg): Asian stocks climbed the most in a month after the U.S. Federal Reserve cut its benchmark lending rate by half a per centage point to bolster growth in the world's largest economy. Toyota Motor Corp. climbed...
Our CorrespondentCHITTAGONG, Sept 19: A four-month long computer training on 'Basic PC and Internet', jointly organised by the Chittagong Chamber of Commerce and Industry (CCCI) and South Asia Enterprise Development Facility (SEDF) Knowledge Centre in the port city, concluded Monday.CCCI...
LONDON, Sept 19 (Bloomberg): European stocks climbed the most in more than a year after the Federal Reserve lowered its benchmark lending rate by half a per centage point to keep the world's largest economy growing. UBS AG, Deutsche Bank...
FE ReportBangladesh Shrimp and Fish Foundation (BSFF), Bangladesh Frozen Foods Exporters' Association and Department of Fisheries jointly organised a workshop titled 'Crucial Economic Role of the Shrimp Industry' for economic journalists in the city recently. Chairman of BSFF Syed Mahmudul...
PHNOM PENH, Sept 19 (Xinhua): A visiting delegation from the International Monetary Fund (IMF) has praised on Cambodia's sound economic progress, predicting that the economy will grow by 7.75 per cent next year on the back of continued expansion in...
FE ReportThe Council of the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) has elected Itrat Husain president for the 2007-2008 term in its 100th meeting held in the city recently.Husain is one of the fellow and founder members...
Our CorrespondentCHITTAGONG, Sept 19: On completion of long 12 years of border trade through Teknaf between Bangladesh and Myanmar beginning from the year 1995, around Tk. 3.50 billion (350 crore) was earned as revenue during the period, concerned sources said.The...
FE Report The World Bank (WB) has approved a US$102.26 million credit to support Bangladesh government's efforts to improve national water resources management, said a WB press release. The WB approved the loan in Washington DC Tuesday for the Water...
FE ReportA two-day training on 'Bangladesh Private Sector Infrastructure Guidelines' was held at Bangladesh Bank (BB) Training Academy in the city on September 5-6.The programme, organised by Board of Investment (BoI), was sponsored by BB IPFF Cell, and facilitated by...
FE Report A two-day workshop on New Capital Accord (Basel II) began in the city Wednesday.Education Excellence, a new generation consulting, education and communication firm, organised the workshop at Brac Centre Inn in Mohakhali.Northern University Vice-Chancellor M Shamsul Haque inaugurated...
FE ReportThe Bangladesh Monitor has decided to introduce 'Airline of the Year' awards for the first time in the country, to be decided on frequent travellers' poll.The awards have been introduced to assess the popularity of the airlines in the...
ALTHOUGH the government was found quite well aware of the need to disburse agricultural loans in significantly higher amounts following the flood to aid in agriculture's recovery, the right policy decision appears to be getting frustrated at the implementation stage...
Enayet RasulTHE garments industries in Bangladesh which have been thriving and earning from exports well above the projections of the Export Promotion Bureau (EPB) in recent years, has suddenly slumped in the current year. The growth appears to have declined...
Andrew Bounds in Brussels and Javier Blas in Vienna EUROPE reacted to soaring cereal prices lately by seeking to boost output through scrapping limits on grain production imposed 15 years ago.The European Commission said it would suspend for at least...
Andrew EnglandAN Egyptian court has sentenced four newspaper editors to a year in prison for defaming Hosni Mubarak, the president, and his son Gamal.The judgment is seen as a setback for press freedom in Egypt, which has increased in recent...
THE budgetary allocations of the government during the last fifteen years or so showed a preference for the social sectors such as education, health and allied ones. Greater resources have certainly flowed into these sectors in a bid to developing...
NO doubt, the main challenge for the present government is to reduce the extent of corruption to a tolerable limit before holding an acceptable election. At the same time, it has been facing yet another challenge of reining in the...
Dr. Momtaz Uddin AhmedTHE success story of Malaysian economic development is a well rehearsal in the development literature and bears no repetition. A country heavily dependent on agriculture and primary commodities in 1960s has emerged as a modern export-driven economy...
Anjuman Ara ArjuMUBARAK Mia, a snake-charmer in his mid-40s, encashed a cheque from a Sonali Bank branch using his fingerprint. He knows how to catch a snake, a tough and risky job indeed. But he cannot write his own name,...
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