Syful Islam | 2014-10-17 00:00:00
Bangladesh will press for protection of its interest as a least developed country (LDC) in the trade ministers' meeting of Developing-8 (D-8) countries scheduled to be held in Istanbul next week, officials said. A four-member Bangladesh delegation, led by commerce...
Siddique Islam | 2014-10-17 00:00:00
The central bank has asked Islamic banks and non-banking financial institutions (NBFIs) to participate in its newly introduced Shariah-based refinancing scheme. The advice came at a meeting with the senior executives of the Islamic banks and NBFIs held at the...
Talha Bin Habib | 2014-10-17 00:00:00
Bangladesh is waiting to get response from Sri Lanka over the proposed price for exporting boiled rice, officials said. With this end in view, the Ministry of Food (MoF) sent a letter to the Sri Lankan authority on October 12...
Khairul Islam | 2014-10-17 00:00:00
The telecom regulator will rationalise the proposed revenue sharing between IGW (international gateway) switch operators and general operators to allow formation of a cartel of such companies to ensure fair contest among them. Earlier, the IGW Operators Forum (IOF), comprising...
Nilratan Halder | 2014-10-17 00:00:00
The stark reality of life unfolded in a stranger-than-fiction style in the gynae ward of the Dhaka Medical College and Hospital (DMCH) this week when a mother and her sister were caught red-handed at the time of fleeing with her...
Shamsul Alam | 2014-10-17 00:00:00
According to the World Bank, world population will reach 8.0 billion in 2024 and there is no sign that we are going to consume less food or energy in the future. In fact, with another billion of us on the...
Leika Kihara and Stanley White of Reuters from Tokyo | 2014-10-17 00:00:00
Bank of Japan Governor Haruhiko Kuroda stressed his resolve to maintain massive stimulus for a prolonged period but shrugged off the need to expand it soon, remaining upbeat on the outlook despite signs the economy may be in a mild...
FE Online Report | 2014-10-16 00:00:00
Stocks returned to the red on Thursday after previous sessions’ upturn with turnover falling further as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 5,285.83 points, shedding 29.27 points or 0.55 per...
FE Online Report | 2014-10-16 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed downward trend in early hours of trading on Thursday, the last session of the week. DSEX, the prime index of the DSE,...
Doulot Akter Mala | 2014-10-16 00:00:00
Complexities impede enforcing the newly introduced 'Green Tax' and thereby hold back government drive to penalise non-compliant industries which are polluting the environment. The Department of Environment (DoE) and the National Board of Revenue (NBR) have yet to prepare themselves...
Munima Sultana | 2014-10-16 00:00:00
Major formalities for starting construction of the much-talked-about Dhaka Elevated Expressway (DEE) are yet to be completed although the work is supposed to kick off this month. Road Transport and Bridges Minister Obaidul Quader announced recently that construction of the...
Shah Alam Nur | 2014-10-16 00:00:00
Frequent power outages, shortage of gas supply and hot weather are taking its toll on rawhides and skins of sacrificial animals, industry insiders said. According to them, around 15 per cent of the rawhides have already been affected due to...
Parisa Hafezi and Fredrik Dahl of Reuters | 2014-10-16 00:00:00
Iran does not expect a breakthrough in high-level nuclear talks with the United States and the European Union this week but hopes they will help pave the way for a final deal, its foreign minister said on Tuesday. Mohammad Javad...
Mohammad Mufazzal | 2014-10-16 00:00:00
Some 26 companies and two mutual funds (MFs) raised an aggregate amount of fund worth above Tk 16.45 billion, including the premium, from the capital market under fixed price method within the timeframe of January, 2013 to October, 2014. Among...
Parvez Babul | 2014-10-16 00:00:00
Food is a basic human need of the people around the world. But unfortunately, more than one billion people live on less than US$ one a day and someone dies of hunger in every 3.6 seconds. There are many reasons...
Alyson Hayes | 2014-10-16 00:00:00
Dhaka is ranked the world's 5th fastest growing city with an average growth rate of 56.5 per cent in the last decade and 6.2 per cent annual growth. This figure does not necessarily consider transient or temporary urban dwellers or...
Hafeejul Alam | 2014-10-16 00:00:00
In a pleasant surprise, 17-year-old Malala Yousafzai and 60-year-old Kailash Satyarthi have stolen the limelight by jointly winning the Nobel Peace Prize 2014 for their courageous fight for child rights. Malala started to speak out for girls' rights at the...
FE Online Report | 2014-10-15 00:00:00
Stocks returned to the green territory on Wednesday after two sessions’ mild correction as investors remained optimistic about the future market’s outlook. The market opened with a positive trend and continued till the market closure amid modest volatility. DSEX, the...
FE Online Report | 2014-10-15 00:00:00
The prices of most the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Wednesday, fourth session of the week. DSEX, the prime index of the DSE, went up...
Syful Islam | 2014-10-15 00:00:00
Garment makers are making a strong plea for giving them closed and loss-incurring state-owned enterprises (SoEs) to relocate their factories by creating small-sized apparel zones. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a recent letter to the ministry of...
Badrul Ahsan | 2014-10-15 00:00:00
The government has started replacing the existing fixed telephones of Dhaka city with modern ones in order to keep revenue from falling, officials said. Under the initiative, the Bangladesh Telecommu-nications Company Ltd (BTCL) has started replacing 0.11 million fixed phones...
Mohammad Ali | 2014-10-15 00:00:00
At least half a dozen more audit firms are under scrutiny of the Institute of Chartered Accountants of Bangladesh (ICAB) for alleged professional misconduct relating to certifying the financial statements, officials said. The probe into the allegations against the audit...
Abu Afsarul Haider | 2014-10-15 00:00:00
Malaysian High Commissioner in Dhaka Norlin Othman has recently said that Bangladesh is among the top three countries eligible to avail itself of the "Malaysia my second home (MM2H)" programme. As many as 2,923 Bangladeshis have so far taken the...
Syed Jamaluddin | 2014-10-15 00:00:00
Stagnation in investment is lingering. Interest rates of banks have been reduced. There are investible surplus funds in banks. Even then entrepreneurs are not showing any interest in investment. They are not approaching banks for funds for setting up new...
Helal Uddin Ahmed | 2014-10-15 00:00:00
The contribution of labour-intensive jute sector is enormous in the economy of Bangladesh. About half of the raw jute produced in Bangladesh are used by the existing 148 jute mills of the country (Bangladesh Economic Association, 2012). After India, Bangladesh...
Florence Tan and Meeyoung Cho of Reuters in Singapore/Seoul | 2014-10-15 00:00:00
Global oil futures lost more than a dollar on Monday after Saudi Arabia and Kuwait signalled a willingness to bear with lower prices to defend market share, although better-than-expected trade data from China pared the losses. Contrary to market expectations,...
Andrew MacAskill and Manoj Kumar of Reuters in Kanpur (India) | 2014-10-15 00:00:00
At British India Corporation's textile factory in Kanpur, four men sit in a control room watching computerised gauges eight hours a day. When they are done, another group takes over, and then another, for 24 hours a day - much...
Andrew RC Marshall and Panarat Thepgumpanat of Reuters in Bangkok | 2014-10-15 00:00:00
Thai police found scores of sick and exhausted boat people hiding on a remote island on Monday, and all but one of the 79 suspected human-trafficking victims were from Bangladesh, according to local officials. The discovery brings to more than...
FE Online Report | 2014-10-14 00:00:00
Stocks slipped for the second session in a row on Tuesday amid choppy trading as late hours profit-taking sale wiped-out early gain. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by 16.63 points or 0.31 per...
FE Online Report | 2014-10-14 00:00:00
The prices of most of the shares at the country's twin-bourse – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – witnessed positive trend in the early hours of trading on Tuesday, the third session of the...
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