FE Report The country's foreign exchange reserve crossed US$5.0 billion mark Wednesday for the first time in Bangladesh's history, thanks to a robust growth in incoming remittances and increased flow of foreign aid.The foreign exchange reserve rose to $5.02 billion...
Sarwar ZahanAppointment of a dealer in every union will start from next month for distribution of fertiliser and some selected agricultural inputs.According to the Department of Agricultural Extension (DAE) sources, the government earlier decided to appoint a local inhabitant as...
Sarah Murray, FT Syndication ServiceGod and Mammon are not generally seen in each other's company, let alone in a business school classroom. But as more MBA students become interested in the potential for the private sector to foster growth in...
FE ReportThe US dollar weakened slightly against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.85 and...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) declined on profit-taking Wednesday with the fall of power and banking sectors issues amid a downward trend in turnover. The total turnover dropped to Tk 1.581 billion Wednesday. Earlier, the...
Japan under its new loan package Wednesday pledged to provide 291 million US dollars (Tk 2,000 crore) in loan assistance with nominal interest for three development projects of Bangladesh.Japanese Ambassador in Dhaka Masayuki Inoue formally apprised Chief Adviser Dr Fakhruddin...
The agitating indoor medical officers of the city's BIRDEM hospital Wednesday urged the Anti-Corruption Commission (ACC) to take account of the hospital's income, as they alleged its high-handed authorities made a lot of money, reports UNB.On the third day of...
FE ReportThe government has started preparing a long-term development roadmap styled "Bangladesh Vision Paper 2030" in order to make Bangladesh a poverty-free and middle-income nation.The General Economic Division (GED) under the Planning Commission has started working on formulation of the...
The government and business leaders of Fiji have shown keen interest in the Bangladeshi pharmaceutical products and service sectors, reports UNB from Canberra. The interest was shown when Bangladesh High Commissioner to the Fiji Islands Humayun Kabir met Fijian Health...
FE ReportBritish American Tobacco Bangladesh (BATB) recently organised the first-ever Key Account Training for Excellence (KTX) session in the country. The training was conducted for enhancing the professional and management skills of the employees of a superstore in the context...
Apprehending job loss after removal of the multi-fibre agreement the World Bank has suggested further investment in RMG sector of Bangladesh to make it more competitive, reports UNBThe apprehension of the lending agency was manifested in its report titled 'Reducing...
FE ReportBangladesh Oceangoing Ship-owners' Association (BOGSOA) elected Sayeed H Chowdhury and Md Shah Alam chairman and vice chairman respectively for a two-year term at the annual general meeting (AGM) of the company in the city recently.Sayeed H Chowdhury is the...
FE Report Gulf Air's Worldwide Call Centre (WWCC) won prestigious 'Middle East Call Centre of the Year' award at a ceremony at the Insights Middle East Contact Centre World Forum 2007 in Dubai Monday night.Gulf Air WWCC Manager Ruth Birkin...
IFIC Bank arranged a 'Clientele Night' at Chittagong Club recently in honour of the bank's clients and guests of the port city, says a press release.The bank hosted a dinner party which was attended, among others, by its vice chairman...
Our CorrespondentCHITTAGONG, Jun 27: A seminer on 'trade barrier perspective in Bangladesh" under the preview of non-tariff barrier (NTB) and technical barrier to trade was arranged by Chittagong Export Promotion Bureau (EPB) in the port city Tuesday.EPB Chittagong Regional Director...
Recommendation of company dividendFederal Ins: The board of directors of Federal Insurance Company Limited has recommended 12 per cent stock dividend (12 bonus shares for every 100 shares) for its shareholders for the year 2006. The annual general meeting (AGM)...
Doulot Akter MalaThe fate of 450-megawatt (MW) combined cycle power plant at Bheramara in Kushtia still remains uncertain due to fund constraints although the project was first conceived way back in 1999. Sources said the project could not be materialised...
FE ReportPrime Bank Limited (PBL) and Export Import Bank of Bangladesh Limited (Exim Bank) have entered into a bi-lateral drawing arrangements to facilitate payment of inward foreign remittance to the beneficiaries by sharing their network of branches.Synergy between these two...
FE ReportNational Bank Limited (NBL) has recently opened its 92nd branch at Shahjadpur in Sirajganj.Chairperson of the board of directors of the bank Parveen Haque Sikder inaugurated the branch as the chief guest.A discussion meeting of the bank was held...
LONDON, June 27 (AFP): Tony Blair prepared Wednesday to leave office after 10 years as British prime minister, amid growing speculation he could also announce he is standing down as a lawmaker to become an envoy to the Middle East....
BEIJING, June 27 (AFP): Industrial oils, acid, cancer-causing chemicals and other dangerous ingredients have been found in thousands of foods in China, inspectors said Wednesday following a six-month crackdown. The nationwide investigation by China's food quality watchdog found products such...
TEHRAN, June 27 (Reuters): Angry Iranian motorists queued for gasoline Wednesday hours after the world's fourth largest oil exporter imposed fuel rationing, sparking chaotic scenes and the torching of two pump stations in the capital. Drivers raced to fill up...
JERUSALEM, June 27 (AP): Israeli attacks in the Gaza Strip on Wednesday killed eight Palestinians, including a 12-year-old boy, Palestinians said, the bloodiest fighting in the area since the Hamas militant group violently seized control two weeks ago. The sudden...
SEOUL, June 27 (AFP): UN inspectors are to visit the reactor at the centre of North Korea's nuclear programme in their first on-site inspection in nearly five years, the head of a team in the communist state said Wednesday. The...
WASHINGTON, June 27 (AFP): The CIA offered 150,000 dollars to mafia figures to kill Cuban leader Fidel Castro, just one of several CIA plots against foreign leaders detailed in 693 pages of classified US documents released Tuesday. Other targets of...
The prospects of power generation from nuclear power plants in Bangladesh have brightened with the recent announcement by the International Atomic Energy Commission (IAEA) that Bangladesh would be among eight countries to enjoy its approval for the setting up of...
THE eagerly awaited Consumer Protection Act may at long last become a reality. According to media reports, the draft of the law will be considered for approval by the council of advisers very soon. There is concern in some quarters...
Syed Fattahul AlimEIGHTEEN young men mostly from Chapainawabganj district have sent home an SOS message from faraway Kurdistan of war ravaged Iraq. They are trapped in that troubled part of the Middle East. All of those young people are in...
Khaled Hussain from TorontoAS non-resident Bangladeshis (NRBs), we appreciate the initiative to have an aggressive reform of our manpower sector to reduce the suffering of the people -- those who are selling their valuable assets to work abroad. These people...
Mahbubul AlamTHE government should give importance to strictly maintaining birth records of all children. A UNICEF report says that only seven per cent newborn children (260,000) usually come annually under the existing birth registration net of the government. But the...
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