FE Today Logo

Search results for: l


Addressing the challenges of investment climate

TIM Nurul Kabir in the second of a four-part article titled \'Emerging economy of Bangladesh\' | 2014-09-14 00:00:00

The climate for investment is determined by the interplay of a whole set of factors, economic, social, political, technological and environmental, that has a bearing on the operation of businesses. The government of Bangladesh has adopted a pro-market stance in...

President Obama faces ISIS

Maswood Alam Khan from Maryland, USA | 2014-09-14 00:00:00

September 11, 2001 is a grim date that gives Americans the shivers. The date reminds them of the horror attack that al-Qaeda launched against their nation. On September 10, 2014, almost 13 years after that terror attack, President Obama appeared...

Tax policy needs to be simple and accountable

Muhammad Abdul Mazid | 2014-09-14 00:00:00

Taxation has four main purposes or effects: Revenue, Redistribution, Re-pricing, and Representation. The foremost purpose is to raise money to spend on roads, schools and hospitals, and on more indirect government functions like market regulation or legal systems. This is...

BB Governor for mega project to develop socio-economic condition in Haor areas

Siddique Islam Back from Kishoregonj | 2014-09-14 00:00:00

Bangladesh Bank (BB) Governor Atiur Rahman has asked the commercial banks to expedite their financing in remote areas including Haor ones in the country's north-eastern districts. "We're working to bring all un-banked people into the banking network through strengthening financial...

Govt to open commercial wings in 7 countries to boost exports

Rezaul Karim | 2014-09-14 00:00:00

The government has decided to open a good number of commercial wings in seven important countries with a view to boosting export earnings and further strengthening bilateral ties, officials said. The countries are Sweden, Turkey, South Africa, Indonesia, Singapore and...

Local goods, services gaining global standards

Shah Alam Nur | 2014-09-14 00:00:00

Local products and services have gradually been attaining global standards which is helping increase direct business with international partners. The local entrepreneurs are now aiming to explore a new horizon of business with global partners alongside their usual exports, insiders...

Korea returnees to get faster retirement benefits after legal amends

Badrul Ahsan | 2014-09-14 00:00:00

South Korea has recently liberalised Departure Guarantee Insurance claim system of EPS (Employment Permit System) helping foreign workers including Bangladeshis to receive retirement benefits more conveniently. If an EPS worker works in a company in South Korea for minimum one...

Ban on liquid fertiliser causes flooding of counterfeit ones

Khairul Islam Back from Comilla | 2014-09-14 00:00:00

Farmers have been deprived of getting benefits from liquid fertiliser due to marketing of counterfeit input by some dishonest companies. Such harmful fertilisers have triggered farmers' concern over normal crop production. Many farmers have demanded immediate supply of popular and...

Fourth bid of BSC to buy oil tanker also hits snags

Syful Islam | 2014-09-13 00:00:00

The Bangladesh Shipping Corporation (BSC) is facing hurdle even during its latest bid, the fourth one, to buy an oil tanker. The corporation initiated the move to buy the tanker almost two years back aiming to enrich its fleet, sources...

Surfers getting attracted to Cox\\\'s Bazar facility

Shamsul Huda | 2014-09-13 00:00:00

Boat surfing in the Bay is increasingly becoming popular after the introduction of recreation facility by a foreign-managed company in Cox's Bazar, a top company official said. "We're overwhelmed with the response. Tourists are increasingly being attracted to our new...

Micro-cap, select blue chips dominate market

Babul Barman | 2014-09-13 00:00:00

Stocks ended higher last week, extending the rally for the third week in a row with turnover improving slightly as investors focused on micro-cap and selective large-cap stocks. Last week featured all five trading sessions as usual. Among them, the...

MRA warns errant MFIs of tough action

Ismail Hossain | 2014-09-13 00:00:00

The microcredit regulator is going to take tough action against the micro finance institutions (MFIs) that did not comply with required reserve fund provision. The Microcredit Regulatory Authority (MRA) directed recently non-compliant MFIs to form reserve fund by December 31,...

Move to strike breakthrough in non-traditional export markets

Badrul Ahsan | 2014-09-13 00:00:00

The government has taken a set of initiatives to make a breakthrough in regional and some other non-traditional export markets utilising optimum potentials of local industries, officials at the Export Promotion Bureau (EPB) said. These will also help reduce the...

Private sector emerges as the engine of growth

TIM Nurul Kabir | 2014-09-13 00:00:00

The Global Competitiveness Report 2014-2015 of the World Economic Forum depicts an interesting picture of the current economic situation of Bangladesh. As per overall Global Competitiveness Index (GCI) 2014-2015, Bangladesh ranks 109 among 144 economies, moving one notch up from...

New Iraqi government faces difficult challenge

Zaglul Ahmed Chowdhury | 2014-09-13 00:00:00

Lawmakers in Iraq have approved a new power-sharing cabinet headed by Haider al-Abadi as the prime minister. But doubts persist as to whether this new administration designed for an 'inclusive' government will be able to deliver the goods at a...

Challenges for today\\\'s corporate managers

Mohammad Faizul Haque | 2014-09-13 00:00:00

Sustainability has become a buzzword these days. If we look into it carefully, it will be clear that sustainability of a business relates to a lot of aspects, for example, climate change, water pollution, land use, biodiversity etc. So, when...

Bangladesh-Japan economic cooperation

Sarwar Md Saifullah Khaled | 2014-09-13 00:00:00

Bangladeshi-Japanese relations were established in February 1972. Japan is Bangladesh's 11th-largest export market; imports from Bangladesh make up 26 per cent of all Japanese imports from the least developed countries, second only to those from Cambodia. Common imports from Bangladesh...

TB still a major health problem

Md Sazedul Islam | 2014-09-13 00:00:00

Shahidul Islam (45), a resident of Chak Shyamnagar village of Meherpur Sadar upazila, had been suffering from cold, fever, chest pain and weight loss for a month. He took treatment from a local private clinic and then from a hospital...

In praise of Hilsha

Nilratan Halder | 2014-09-13 00:00:00

One of the most favourite dishes, if not the most, of the Bangalees is certainly Hilsha. Normally the fish has the wide sea in this part of the world as their roaming underwater territory. But they do visit the rivers...

Threatened ozone layer shows first sign of recovery: UN

Tom Miles of Reuters from Geneva | 2014-09-12 00:00:00

The ozone layer that shields life from the sun's cancer-causing ultraviolet rays is showing its first sign of thickening after years of dangerous depletion, a U.N. study said on Wednesday. Experts said it showed the success of a 1987 ban...

Al Qaeda\\\'s shadowy new \\\'emir\\\' in South Asia handed tough job

Maria Golovnina of Reuters in Multan/Islamabad | 2014-09-12 00:00:00

Pakistani militant Asim Umar has been handed a very tough job. Thrust into the limelight after being named leader of al Qaeda's newly created South Asian wing, he has been entrusted with reviving the network's fortunes at a time when...

India drops solar anti-dumping plan

Manoj Kumar and Rajesh Kumar Singh of Reuters in New Delhi | 2014-09-12 00:00:00

India has dropped plans to impose an anti-dumping duty on solar panel imports, a move that is likely to help mend frayed commercial ties with the United States before Prime Minister Narendra Modi meets President Barack Obama this month. Days...

Slow flyover construction set to hit timely beginning of MRT work

Munima Sultana | 2014-09-12 00:00:00

Slow construction of the Moghbazar-Malibagh-Mouchak flyover has made the authorities worried about timely beginning of the 20-kilometre Mass Rapid Transit Line (MRT)-6 project work. Project insiders said the Dhaka MRT Development (DMRTD) Project officials find it a challenge to carry...

\\\'Bonsai has potential to bring about green revolution\\\'

Munima Sultana | 2014-09-12 00:00:00

Bonsai has the potential to make green revolution in the concrete and congested city as the Japanese art enables people to give green touch in small spaces and corners of their buildings. Bonsai artistes said that greening in small balconies...

WEF Human Capital Report-2013

Khaled Mahmud Raihan | 2014-09-12 00:00:00

World Economic Forum (WEF), a Switzerland-based independent international organisation committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas, has released the Human Capital Report...

Setting goals for country\\\'s progress

Nilratan Halder | 2014-09-12 00:00:00

Bangladesh has been pursuing two well-set targets -- one is the Millennium Development Goals (MDGs) and the other is the attainment of the middle-income status. The deadline for the first one is 2015 and for the second one is 2021....

RMG and manpower export: Risk of depending on two markets

Naimul Gani Saif | 2014-09-12 00:00:00

Without any doubt, the two major forces that are driving the economy of Bangladesh forward for the last couple of decades are export earnings and inward flow of remittance. However, remittance inflow has not shown much promising sign for the...

Draft feasibility study on Dhaka Bypass Highway complete

Shamsul Huda | 2014-09-12 00:00:00

A draft feasibility study for constructing 50-kilometre long Dhaka Bypass Highway under public-private partnership (PPP) has been submitted to the office of the Mass Rapid Transit Bangladesh (MRTB). After a final checking, the PPP office is going to issue request...

Boro rice, paddy procurement period extended for one month

Talha Bin Habib | 2014-09-12 00:00:00

The government has extended its Boro rice and paddy procurement period for one month to achieve the target, officials said.    The ongoing Boro procurement drive started in May last and was supposed to end in August. The government has extended...

Stocks edge up amid high turnover

FE Online Report | 2014-09-11 00:00:00

Stocks ended higher for the third running session on Thursday with turnover improved further as investors' buying spree continued. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,675.91 points, gaining 12.78 points or 0.33 per cent...