CHITTAGONG, Aug 13 (UNB): A bus crashed into an auto-rickshaw on the Dhaka-Chittagong highway in Sitakunda area this (Monday) morning, killing nine people, seven of them students.Police and local sources said six other people were also wounded in the road...
FE ReportThe indices on the Dhaka Stock Exchange (DSE) continued to slide for the second consecutive day Monday due to price correction and ongoing flood across the country. Market operators said the investors feel unsafe for investing more money in...
A group of local investors have expressed renewed interests to buy 67 per cent shares of the state-run Rupali Bank and invited the government to the negotiation table, officials said Monday, reports bdnews24.com. "We are ready to sit for negotiations...
FE ReportThe US dollar ended stronger against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market although the demand for the greenback appeared steady, fund managers said.The exchange rate of the dollar against the BDT fluctuated between the...
The Supreme Court Tuesday did not stay Sheikh Hasina's bail in an extortion case filed by businessman Noor Ali, nor did it freeze a High Court stay order on the Anticorruption Commission's notice for her wealth statement. The apex court...
Chief adviser Fakhruddin Ahmed Tuesday reaffirmed his faith in the Election Commission that it would hold free and credible general elections by 2008. The military-backed makeshift government head said the work of preparing a voter list with photographs would be...
MANAGING economic growth maintaining social equilibrium is difficult. It is a big challenge confronting many of the Asian countries. After more than a decade of development efforts, China and Nepal are now said to be having the highest rich-poor gap...
Shamsul Huq ZahidTHE government, according to newspaper reports, is considering a special financial incentive for police personnel under a draft police reform programme, possibly, to discourage the latter from indulging in corruption and help them perform better than before. The...
Rupa SarkerIt looks like a flower fair when traders with a wide variety of flowers gather in the morning at Dhaka city's Shahbagh intersection. It has grown up as a hub of flower business over the last two decades.This is...
Amy Yee from New Delhi and Clive Cookson from LondonTHE dismissal by an Indian court last Monday of a challenge to the country's controversial patent laws filed by the Swiss pharmaceuticals maker Novartis, signals a victory for health advocates who...
Adam JonesMOST people troubled by aircraft noise are tormented by 747s and other passenger jets. Marinating in wealth, the people of the Gulf of Saint-Tropez have a more upmarket enemy: helicopters.Now, however, the authorities have decided to act against the...
THE sales of plots and apartments at the recently held fair of the Real Estate and Housing Association of Bangladesh (REHAB) dropped by as much as 50 per cent compared to that of the last year. The drop has been...
ALMOST a year ago locals of Phulbari organised a large demonstration against the proposed open pit mine there by the UK-based Asia Energy that ended in a bloody incidence of violence with three men dead and many injured when the...
Maswood Alam KhanWHEN a shark with its razor-sharp teeth shears a leg off a swimmer, the swimmer feels no pain instantly except a little imbalance while trying to shore up strength to swim ashore. Totally shorn of one leg, the...
Md. Salimuddin FCA, FCMA, MBA concluding his two part articleTHE world has seen a tremendous increase in global capital flows during the last several decades. The surge in investment flows has been largely due to the fact that many countries...
HONG KONG, Aug 12 (AFP): Asian currencies ended the week mostly down against the dollar as continued concern about the US subprime mortgage market hit world stocks hard and worries reverberated across Asia. JAPANESE YEN: The Japanese yen will likely...
YANGON, Aug 12 (Xinhua): Myanmar's largest information and communication technology (ICT) park, the Yadanabon Cyber City, will open by the end of the year, local Voice journal reported today. Brigadier-General Thein Zaw, Minister of Posts, Telecommunications and Telegraphs, made the...
KATHMANDU, Aug 12 (Xinhua): Nepal is fast turning into a hot destination for international airlines while the national flag carrier is reeling under lack of aircraft. According to The Kathmandu Post Sunday's report, three foreign airlines are on the verge...
TOKYO, Aug 12 (AFP): Japan plans to invest in emission-curbing projects in developing Asian nations in exchange for credits that add to its own anti-global warming effort, a press report said today. The ministry of the environment aims to obtain...
AVISSAWELLA, Sri Lanka, Aug 12 (AFP): The denims look tattered and frayed, but shoppers in Europe and the United States are prepared to pay good money for "distressed" jeans and Sri Lanka is cashing in. In the industrial town of...
BEIJING, Aug 12 (Xinhua): China's high energy- consuming sectors such as iron and steel, nonferrous metals, chemicals and construction materials continued to lead the growth in power consumption in the first half of this year, according to a report by...
FE Report Vice-President of International Chamber of Commerce (ICC)-Bangladesh Latifur Rahman urged Sunday the government and the central bank to reduce the bank rate and take appropriate fiscal and other policy measures to encourage higher capacity utilisation and more investment.He...
The first ever clinker plant in the country to produce raw material for cement will be formally inaugurated in Jessore this month, reports BSS. The plant was earlier installed by a private entrepreneur at a cost of Tk 200 million...
FE ReportThe IPO lottery of share allotment of International Leasing and Financial Services Limited (ILFSL) was held in the city Sunday. The function was attended by a number of investors, representatives from the Securities and Exchange Commission (SEC), DSE and...
FE ReportFirst Security Bank Limited opened a branch at Topkhana Road in the city recently.Managing Director of the bank AAM Zakaria inaugurated the branch.Deputy Managing Director Shafiqul Alam and senior executives of the bank were also present, among others, on...
FE ReportThe government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportThe half-yearly branch manager's conference of Central Insurance Company Ltd was held in the city Saturday.Managing Director (CC) of the company Md Zahid Anwar Khan presided over the conference.Chairman Md Nurun Newaz and Adviser of the company Azizul Haque...
FE ReportA number of organisations, including Australian High Commission, WFP, UNICEF, BRAC University, HeidelbergCement Bangladesh Limited and The Oriental Bank Limited, are continuing their relief assistance programme for helping the country's flood-affected people.Australian High Commission: Australian Minister for Foreign Affairs...
BARISAL, Aug 12 (UNB): Prices of Liquefied Petroleum Gas (LPG) cylinders have increased by 25 per cent to 30 per cent within a month in the city markets. Dealers blamed shortage of supply and increase of transportation cost for the...
FE ReportIslami Commercial Insurance Company Limited held the half-yearly branch managers' conference of the company in the city recently.Chairman of the company Md Anowar Hossain presided over the programme. AZM Shamsul Alam, adviser of the company, was present on the...
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