FE Today Logo

Search results for: l


ECB launches 1tn euro rescue plan to revive European economy

Jonathan Gould and John O\'Donnell of Reuters in Frankfurt | 2015-01-26 00:00:00

The European Central Bank took the ultimate policy leap on January 22, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy. The ECB said it would purchase sovereign debt...

Business bodies to form human chain tomorrow

Talha Bin Habib | 2015-01-25 00:00:00

Businesspeople will interlock their hands in a planned human chain in the capital tomorrow (Monday) to make a formal joint call upon the two main political rivals to resolve the ongoing political impasse through dialogue as the economy bleeds. "We...

Investors\\\' rights not well-protected in listed companies

Mohammad Mufazzal | 2015-01-25 00:00:00

Protection of investors' rights in listed companies is being affected due to influence of controlling shareholders over the company affairs and annual general meeting (AGM), a study report said. The study report also blamed the functional departments of the regulatory...

Cash crunch slows zones development

Rezaul Karim | 2015-01-25 00:00:00

Fund crisis has slowed implementation of planned economic zones, a priority project of the government officials said. The overall activities of the BEZA (Bangladesh Economic Zones Authority) are going at a slow pace and, especially, the rate of implementation of...

Restive politics forces units to throttle back production

Shamsul Huda | 2015-01-25 00:00:00

Major industrial sectors are curtailing production due to stockpiling of goods, supply crunch of raw materials and disruption in distribution, compelled by the effect of blockade, trade groups said. They said that capital and labour-intensive units are badly affected by...

Three cheers for the Pope

M. Serajul Islam | 2015-01-25 00:00:00

On a flight to Manila from Colombo, Pope Francis told reporters who sought his views on Charlie Hebdo's right to caricature Prophet Mohammad (pbuh) that "One cannot provoke, one cannot insult other people's faith, one cannot make fun of faith."...

Liberalisation measures encourage private investment

Sadiq Ahmed in the first of a three-part paper titled \'Regulatory framework for private investment\' | 2015-01-25 00:00:00

The regulatory environment for business can have a determining influence on private investment (World Bank 2004). Complex regulations and bureaucratic hurdles tend to increase the transaction costs of doing business and thereby hurt the growth of investment. On the other...

Making Bangladesh a leprosy-free country

Parvez Babul | 2015-01-25 00:00:00

The World Leprosy Day is observed on the last Sunday of January every year. Leprosy Day was initiated in 1954 by French philanthropist and writer Raoul Follereau, as a means of raising global awareness of this ancient disease, and drawing...

Controversial awards to corporate entities

Biplob Chowdhury | 2015-01-25 00:00:00

Transition from the command to market economy of Bangladesh needs a series of reforms in the financial and capital markets, public and private sectors following the prescription of the International  Monetary Fund (IMF) and the World Bank. Significant development has...

Part-time teaching and study leave: Concerns of UGC

Masum Billah | 2015-01-25 00:00:00

Of recent, the University Grants Commission (UGC) of Bangladesh has released some reports highlighting some important issues regarding higher education situation of the country which deserves appreciation. In its annual report of 2013, it has  revealed that some public university...

Publishers worried over volatile political situation

Khairul Islam | 2015-01-24 00:00:00

Publishers are worried over the country's ongoing restive political situation saying that it would shatter their hope of making business in the upcoming Ekushey Book Fair that will kick off on February 1. The country's prime book fair is a...

IMF wants govt not to \\\'water down\\\' new VAT law

Syful Islam | 2015-01-24 00:00:00

The International Monetary Fund (IMF) has sought assurance from the government that it would not 'water down' the VAT (value-added tax) Act to meet the demands made by the country's business community, officials said. A government-formed committee, comprising businessmen and...

Discount war heats up at DITF

Shah Alam Nur | 2015-01-24 00:00:00

Competition has heated up at the Dhaka trade fair, with stalls offering discounts and gifts to attract buyers even as sales are sluggish, traders said. Due to countrywide blockade, the participants of the Dhaka International Trade Fair (DITF) see thinner...

\\\'BIMSTEC carries more potential than SAFTA\\\'

Asjadul Kibria | 2015-01-24 00:00:00

An international research organisation, based in Jaipur, India, has found the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral and Technical and Economic Cooperation) to be more potential umbrella for trade negotiations than the SAFTA (South Asia Free Trade Area). Disappointed...

Plastic money: Bangladesh perspective

Burhanul Hassan Palash | 2015-01-24 00:00:00

In most of the developed countries, plastic money has steadily replaced the paper currency on a large scale, and in developing nations, it is stepping forward gradually. Plastic money basically consists of different cards, both debit and credit in nature,...

Assessing impacts of flyovers

Md Shamsul Arefin | 2015-01-24 00:00:00

A standard city should have 25 per cent of its total space for road infrastructure. But Dhaka has only about 7.5 per cent. Given the very high population density in the capital, the space requirement for road infrastructures should be...

Socio-cultural functions in time of blockade

Nilratan Halder | 2015-01-24 00:00:00

This is no normal time in Bangladesh -least of all in the capital, Dhaka. Politics is claiming its victims mostly from the lower segments of society. If things slide precipitously, soon people from the upper rungs of society too will...

Monetary policy to target curbing inflation

Siddique Islam | 2015-01-23 00:00:00

The central bank is set to unveil its second half-yearly (H2) monetary policy on January 28 aiming to achieve sustainable economic growth through curbing inflation, officials said. "Bangladesh Bank (BB) Governor Atiur Rahman will announce the next monetary policy at...

Blockade halves Mitford drug sales

Shamsul Huda | 2015-01-23 00:00:00

Medicine sales on the Mitford wholesale market dropped over 50 per cent as a marathon blockade over political disputes continued to affect life and business across the country, traders said. Chemists and druggists' association leaders portrayed the sorry state of...

Move to take up Hatirjheel-like project on Buriganga river bank

Syful Islam | 2015-01-23 00:00:00

The government has taken a move to take up another Hatirjheel-like project on the bank of the Buriganga river in city's Shyampur area aiming to decorate the capital with eye-catching establishments, officials said Thursday. The project will be taken up...

Negative effect on remittance inflow feared

Shah Alam Nur | 2015-01-23 00:00:00

Manpower export has been hit hard by the ongoing blockade as hundreds of jobseekers are cancelling their flights following halt in transportation which is making it impossible for them to reach their destinations, insiders said. They said the blockade has...

Fund crisis to end soon

Munima Sultana | 2015-01-23 00:00:00

Fund crisis of Dhaka Elevated Expressway (DEE), the country's first Public-Private Partnership (PPP) project in road infrastructure sector, is likely to end soon with three local banks and a Chinese bank coming up in assistance, sources said. The three local...

Entry ticket for Ekushey Book Fair

Asjadul Kibria | 2015-01-23 00:00:00

The annual Bangla Academy book fair, Amar Ekushey Grontho Mela, is knocking at the door. It's a month-long event to celebrate and uphold the spirit of our language movement in 1952. Over the decades, the size of the book fair...

Rising inequality bodes ill of social system

Nilratan Halder | 2015-01-23 00:00:00

Unequal wealth distribution has been at the root of the world's many ills. But in recent years the inequality has accelerated alarmingly, warns the anti-poverty charity Oxfam. The warning came on the eve of the annual meeting of the world's...

India revives sell-off drive in race to hit deficit target

Rajesh Kumar Singh of Reuters in New Delhi | 2015-01-23 00:00:00

India invited bids from bankers on January 21 to manage the sale of a 10 per cent stake in iron ore miner NMDC, trying to revive a $10 billion asset sale programme and narrow the country's fiscal deficit to a...

Pakistan pushes climate change back up political agenda

Rina Saeed Khan of Thomson Reuters Foundation in Islamabad | 2015-01-23 00:00:00

Pakistan has reinstated its ministry for climate change, suggesting the government plans to pay more attention to the issue as countries prepare a new international deal to curb global warming. In 2013, when the same government came to power, it...

Pay from own purse, if taxing project aid barred

Doulot Akter Mala | 2015-01-22 00:00:00

Agencies executing the foreign-funded projects in Bangladesh will be liable to pay taxes from their own coffers if deduction of tax from the project funds is barred under deals signed with providers of funds, according to a latest government decision....

Turmoil fuels banks\\\' farm credit concerns

Siddique Islam | 2015-01-22 00:00:00

Bankers are worried over disbursement and recovery of agriculture loan this month due to the political turmoil going on across the country with no sign of abating. Bankers are facing difficulties with their monitoring and supervision on both disbursement and...

Blockade blurs destiny of SSC examinees

Khairul Islam | 2015-01-22 00:00:00

Anxiety of SSC examinees heightened as a cloud of uncertainty hangs over their examinations for the nationwide nonstop blockade, punctuated with frequent general strikes. The Secondary School Certificate (SSC) and its equivalent examinations are scheduled for February 2 -- barely...

Global economy in 2015: Facing strong headwinds

B K Mukhopadhyay from Kolkata | 2015-01-22 00:00:00

Whither global economy? IMF Managing Director Christine Lagarde has very rightly reflected the latest goings-on. Speaking at the Council on Foreign Relations in Washington on January 15 she observed: Strong headwinds from weak investment, substantial debt burdens and high unemployment...