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DSE, CSE start positive

FE Online Report | 2014-12-18 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Thursday amid choppy trading, the last session of the week. DSEX, the prime index of the DSE, went up by...

BD seeks TRIPS waiver extension until 2026

Syful Islam | 2014-12-18 00:00:00

Bangladesh has started lobbying the World Trade Organisation (WTO) to extend the special transition period of the TRIPS agreement on humanitarian grounds so that the country could continue to make cheaper drugs available to poorer sections of people. Trade officials...

NBR pits taxmen against delinquents as IT collection drops by Tk 2.0 billion

Doulot Akter Mala | 2014-12-18 00:00:00

Tax officials across the country have been directed to dig out reasons why the ratio of collected taxes was low compared to the number of returns submitted by the deadline by individual taxpayers. Official sources said the instructions came after...

Lima call for climate action: An appraisal

Quamrul Islam Chowdhury | 2014-12-18 00:00:00

Ministers and delegates from 196 countries after weathering many a hurdle adopted Lima Call for Climate Action in the early hours of December 14. It set the target for setting a new loose course of action for nations to cut...

Ensuring road safety

Iftu Ahmed from Aurora, IL, USA | 2014-12-18 00:00:00

Learning to drive an auto and learning to drive safely are two different issues. After a few weeks under the guidance of an efficient auto instructor, almost everyone can qualify for a driver's license but learning safe driving is not...

Decline of dollar, rise of yuan

Hasnat Abdul Hye | 2014-12-18 00:00:00

There are incipient signs that dollar is losing its world dominance in global trade. According to a recent estimate, it has lost 11 per cent of its share during the last 13 years and the loss is creeping on. Use...

Hazaribagh tanneries a symbol of \\\'crime against humanity\\\'

Syed Ashraf Ali | 2014-12-18 00:00:00

The Rayer Bazar region of the capital, where we live in, is located midway between the two infamous slaughter houses-one literally and other metaphorically. The literal one, of course, is the well-known Badhyabhumi (killing field) where some of the nation's...

Biman\\\'s incoming boss faces image building challenge

Shah Alam Nur | 2014-12-18 00:00:00

Image building of the struggling state carrier Biman remains a challenge as its new foreign boss joins the airlines early next month, analysts said. Biman Bangladesh Airlines has tapped Kyle Haywood, a South-African-born British citizen, as its next managing director...

Legoland operator Merlin puts blocks in place for growth

Neil Maidment of Reuters in Kuala Lampur | 2014-12-18 00:00:00

Destined to form models of the Burj Khalifa and Tokyo Tower, 90 million toy bricks will be used in new Legoland Parks in Dubai, Japan and Korea by 2017, building blocks in British operator Merlin's expanding empire. The theme parks,...

Don\\\'t count on Sharpton retiring from public life

Jamal Eric Watson of Reuters in Washington | 2014-12-18 00:00:00

The Rev. Al Sharpton didn't rocket to stardom. In the 1980s and 1990s, he was, at best, a regional activist who had successfully used outrageous tactics to call attention to the plight of dozens of unarmed black men who had...

Sony\\\'s big bluff can\\\'t beat First Amendment

Alison Frankel of Reuters in London | 2014-12-18 00:00:00

Word broke this weekend that Sony Pictures Entertainment has hired celebrated lawyer David Boies of Boies Schiller & Flexner to warn news organisations away from publishing stories based on information hacked from the studio's servers. Boies' letter, sent to top...

In 2015, Putin may witness his empire\\\'s death knell

Strobe Talbott in Washington | 2014-12-18 00:00:00

The year ahead could see the outbreak of the third Chechen war, which, in turn, could be the death knell of the Russian Federation in its current borders. If, as is imaginable, Russia dismembers itself later this century - the...

Stocks end lower for 5th day

FE Online Report | 2014-12-17 00:00:00

Stocks plummeted for the fifth straight sessions on Wednesday with turnover improved slightly as most of the investors  followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down further by 40.72 points or 0.83 per...

DSE, CSE down at opening

FE Online Report | 2014-12-17 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Wednesday, maintaining the previous session’s negative trend. DSEX, the prime index of the DSE, went down by 13.11 points or...

Further exemption on provisioning against stock losses demanded

FE Online Report | 2014-12-16 00:00:00

Bangladesh Bank has assured bankers of considering a plea to extend the exemption by one more year of provisioning against the losses they sustained through investing in the capital market in 2010. The central bank would take the decision in...

Taxes on coal import waived

Doulot Akter Mala | 2014-12-16 00:00:00

The government waived Monday the duty and taxes on import of coal. The waiver came following a ban imposed by Indian state of Meghalaya on export of its coal. Officials said Customs and Value Added Tax (VAT) wings of the...

Living with toxic vegetables

Tarequl Islam Munna | 2014-12-16 00:00:00

Consuming safe food is one of the fundamental rights for every citizen of Bangladesh. But people in Dhaka city of around 10 million are daily consuming toxic vegetable under the labels of organic edibles. According to a study by the...

Things could have been better

Shamsul Huq Zahid | 2014-12-16 00:00:00

The nation celebrates today the 43rd anniversary of its victory over the Pakistani occupation forces. The setting in which the celebration takes place every year does not remain the same because of the changes that are constantly taking place in...

Exploring new markets for exploiting potential

Md. Shahidullah Azim | 2014-12-16 00:00:00

In the course of about three decades the readymade garment (RMG) industry of Bangladesh now accounts for about 80 per cent of the country's total export earnings. The garment industry has created employment directly for 4.4 million people and 4...

Reflections on Victory Day 2014

Muhammad Quamrul Islam | 2014-12-16 00:00:00

In this month of victory, a call on mobile phone was received one evening from a civic rights activist known to this writer from the beginning of the 21st century. She is determined to lead repeated movements for elimination of...

Govt to monitor supply chain of essentials

Rezaul Karim | 2014-12-16 00:00:00

The government is going to start monitoring the supply chain of the essential items both in wholesale and retail markets soon, officials said. Besides, the number of letters of credit (LCs) of the goods will be supervised along with the...

Stocks edge lower amid choppy trading

FE Online Report | 2014-12-15 00:00:00

Stocks edged marginally lower today (Monday) amid choppy trading as most of the investors are yet to be familiar on the newly introduced trading system. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down further by 14.30...

DSE, CSE down at opening

FE Online Report | 2014-12-15 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Monday, maintaining the previous session’s negative trend. DSEX, the prime index of the DSE, went down by 15.82 points or...

PC sends back proposal on purchase of six ships

Syful Islam | 2014-12-15 00:00:00

The Planning Commission (PC) sent back a development project proposal (DPP) of Bangladesh Shipping Corporation (BSC) on procurement of six vessels citing the corporation's inability to repay the loan it moved to take from the Chinese Exim Bank for the...

32,000 pvt clinics, diagnostic centres operating illegally

Shah Alam Nur | 2014-12-15 00:00:00

More than 32,000 private clinics and diagnostic centres across the country are operating illegally in absence of proper monitoring and punishment by the authorities concerned, officials and medicare businesses said. They said a large number of private clinics and diagnostic...

Meeting the challenges of RMG Industry

Syed Jamaluddin | 2014-12-15 00:00:00

Bangladesh is known across the world for its ready made garments (RMG).The country does produce other products but nothing is comparable to garments. The RMG industry has drawn the attention of the world to the capabilities of our entrepreneurs. In...

From trading to manufacturing

Saleh Akram | 2014-12-15 00:00:00

Bangladesh economy is particularly influenced by its geopolitical features. Along 75 per cent of its border lie open land, rivers and hills of India, 5 per cent have hillside roads with Myanmar and on the remaining 20 per cent is...

Cash crunch may hit output in state jute mills

Talha Bin Habib | 2014-12-15 00:00:00

State-run jute mills are set to miss their production target this fiscal mainly due to shortage of fund for raw jute purchase. A total of 26 mills under the Bangladesh Jute Mills Corporation (BJMC) purchased only 15 per cent or...

Ukraine\\\'s frozen war brings dramatic changes

Anatole Kaletsky of Reuters in Kiev | 2014-12-15 00:00:00

The "day of silence" observed this week by the Ukrainian army and its pro-Russian rebel opponents was an event of enormous economic importance for global economics as well as geopolitics. The cease-fire's success confirmed that the truce in Ukraine, agreed...

Stocks plunge for second day

FE Online Report | 2014-12-14 00:00:00

Stocks witnessed another sluggish trading session Sunday as investors were observing the market movement closely in the second trading day under the newly introduced trading system. DSEX, the prime index of the Dhaka Stock Exchange (DSE) came down below the...