The state-owned Petrobangla refused to supply gas to all but one of the seven under-construction power plants in Chittagong, Comilla and Feni districts, apparently for an administrative mismatch, reports UNB. Petrobangla's refusal came on account of nagging gas crisis, particularly...
FE ReportBangladesh Bank Governor Salehuddin Ahmed said Monday a set of heterodox policies in tandem with fiscal, monetary and trade policies should be adopted to reduce the gap between demand and supply of essential commodities."Monetary policy is not the sole...
COX'S BAZAR, Aug 27 (UNB): International telecommunications including internet services were disrupted as suspected miscreants cut off underground optical fibre cable at Eidgaon of Sadar Upazila Monday noon.Cox's Bazar Submarine Landing Station sources said the optical line was severed in...
The Supreme Court (SC) Monday set September 17 for the hearing on separation of the judiciary from the executive, report agencies. The SC also asked the government to submit an affidavit of a 4,500-strong organogram for judicial service by September...
Farhan Bokhari, FT Syndication ServiceISLAMABAD: Nawaz Sharif, Pakistan's former prime minister, has been urged by his party to return from exile within three weeks amid growing turmoil surrounding General Pervez Musharraf. Mr Sharif's political prospects in Pakistan have been boosted...
Retired High Court judge Habibur Rahman Khan will start investigation into the recent violent protests by Dhaka University students from today (Tuesday). He told the media that the inquiry would continue for 15 days. The investigation will look into how...
A record number of 484,951 people have been cleared for overseas employment this year and the caretaker government is exploring newer job markets, said Foreign Adviser Iftekhar Ahmed Chowdhury. "The government is keenly aware of the problems of Bangladeshi workers...
The High Court Monday issued rule upon the government to explain why the CHT peace treaty signed with the erstwhile Shanti Bahini leaders in 1997 should not be declared without lawful authority. After a brief hearing on a Public Interest...
M Azizur RahmanThe Power Division is drafting a comprehensive plan to increase power supply in the country by exploring all possible avenues to meet the mounting demand for electricity."Installing new coal-fired power plants, importing electricity from power-surplus neighbouring countries and...
Shakhawat Hossain The National Board of Revenue (NBR) is going to start implementation of internet and interconnectivity project to facilitate taxpayers to submit income tax returns through online, official source said.The project, to be implemented over a period of three...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to rally for the second consecutive day Monday amid buying spree by the investors.Market operators said the stock market has been showing buoyancy in recent time due to higher flow...
Bangladeshis and Bangalees over the world observed Monday the 31st death anniversary of national poet of Bangladesh Kazi Nazrul Islam, reports bdnews24.com.Almost a century past, Nazrul, also the rebel poet, had written a Bangla lyric which, roughly translated, reads, "I'll...
FE ReportThe central bank will soon ask all commercial banks to bring transaction of the savings instruments under automation system, sources said.They said the purpose of automation of such transaction is to check forgery and make the process easier and...
FE ReportSpeakers at a workshop in Dhaka Monday underlined the need for devising strategies soon to reduce economic disparity among different regions of the country.They felt that problems of the less-developed regions and districts needed to be identified first before...
Refayet Ullah MirdhaThe Essar Group of India has shown keen interest in setting up a hot-strip steel mill under joint venture with similar local companies in Bangladesh to meet the growing demand for raw materials for the local steel and...
Japanese PM reshuffles cabinetTOKYO, Aug 27 (Reuters): Prime Minister Shinzo Abe picked familiar faces for key posts in a sweeping reshuffle of his cabinet Monday, but analysts doubted whether the changes would do much to revive the Japanese leader's badly...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with moderate demand for the greenback, fund managers said.The greenback repeated its previous day's single exchange rate of Tk 68.70 in the...
The Dhaka Tobacco Industries in a rejoinder to a report published in the FE last Sunday titled 'Philip Morris, Dhaka Tobacco strike deal to produce Marlboro locally" claimed that the information given in the report that the Dhaka Tobacco might...
FE ReportThe United Nations Development Programme (UNDP) and seven other donors will provide US$50.4 million worth of fund to the Election Commission (EC) for preparing the voters' roll with photographs for holding a credible election.To this effect, a tripartite loan...
THE results of this year's Higher Secondary Certificate (HSC) examinations held under seven education boards were announced Sunday last. More than 64 per cent of the examinees -- the highest in last seven years -- have come out successful, the...
Qazi Azad writesA big nation in a small country, like Bangladesh, has to believe that comparative advantage for production is a misnomer. It can only be part of wrong education, which would keep a country like ours nearly stagnated in...
Jamil AnderliniWHEN China was negotiating to join the World Trade Organisation (WTO) in 2001, a crucial sticking point was whether it would open the country's insurance sector to foreign companies.Beijing agreed to allow foreign property and casualty insurers to operate...
Benedict ManderPRESIDENT Hugo Chávez's tightening grip over Venezuela's economy is generating distortions that economists fear could, paradoxically, eventually lead to a loss of control.Price controls, currency controls and negative real interest rates are just some of the elements that have...
Mother Teresa experienced 'emptiness' at some stages of her life as a human being of flesh and blood, not as an angel made of fire. I wonder why people the world over have raised an uproar on such human and...
Rising from the underground train station at Charring Cross in London, one morning I set on a concrete bench at the Trafalgar Square. A lot of pigeons, the hallmark of the British capital, were intermittently flying low and descending to...
Vernon SilverOn Dec. 23, 2006, the United Nations Security Council slapped economic sanctions on Shahid Hemmat Industrial Group for its role in weapons proliferation as Iran's maker of liquid-fueled ballistic missiles. Known as SHIG, the Iranian firm produces the Shahab...
Aliza MarcusRepublican presidential candidate Mitt Romney will propose tax breaks to help Americans pay for health insurance and incentives for states to craft their own programs to make sure everyone gets coverage. Romney, who as governor of Massachusetts supported legislation...
President Iajuddin Ahmed told the Belgian envoy to Bangladesh that the next parliamentary elections would be held within the timeframe set by the Election Commission, reports UNB.Patrick Beyter, the outgoing ambassador of Belgium, based in New Delhi, made a farewell...
The Awami League (AL) acting president Zillur Rahman Monday expressed his disappointments over the Supreme Court (SC) order staying High Court (HC)-granted bail to his detained party chief and ex-premier Sheikh Hasina, reports UNB.He said not only the party-men but...
The Anti-corruption Commi-ssion (ACC) Monday said the Appellate Division verdict staying the High Court's earlier order and asking former premier Sheikh Hasina to submit her wealth statement within seven working days proves that the issuance of notice to her by...
© 2026 - All Rights with The Financial Express
