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BB, BSEC joint move to reach consensus

Mohammad Mufazzal | 2014-03-04 00:00:00

The Bangladesh Bank (BB) and the securities regulator have initiated negotiation to reach a consensus regarding providing of banks' investment in capital market to the central bank, officials said. The Bangladesh Securities and Exchange Commission (BSEC) is pursuing the central...

Food aid inflow falls sharply in FY 2014

Talha Bin Habib | 2014-03-04 00:00:00

The inflow of overall food aid marked a significant fall in the first eight months of the current fiscal year (FY), 2013-14, due to non availability of such support from major donors, officials said. Bangladesh received only 14,947 tonnes of...

Boosting pry textiles production capacity to help RMG exporters cope with emerging challenges

Badrul Ahsan | 2014-03-04 00:00:00

Enhancement of the production capacity of primary textiles would help local apparel exporters to cope with emerging challenges after the signing of the proposed Free Trade Agreement (FTA) between India and the European Union (EU), industry insiders said. According to...

Should the central bank control interest rate?

Md Jamal Hossain | 2014-03-04 00:00:00

The traditional outlook has been that the central bank should control the interest rate whenever the necessary and proper situation arises. This necessary and proper situation is not very clear-cut also. What do people actually mean when they ask for...

Infrastructure and poverty

Abdul Bayes | 2014-03-04 00:00:00

The impact of infrastructure on poverty is well researched. Bangladesh has a plethora of researches on this issue. We could possibly mention about various studies that have eloquently exposed the differential impacts of infrastructure on poverty level in India.  According...

Removing supply-demand mismatch in stock market

Mohammad Lutfar Rahman Badal | 2014-03-04 00:00:00

The stock market in Bangladesh has shown a better performance in recent times, compared to the trends seen a few months back. The indices-DSEX, DSES and DS30-rallied with restoration of normalcy in the political arena.   The stock market has been...

Is Rahul opting out as prime ministerial candidate in Indian elections ?

Zaglul Ahmed Chowdhury | 2014-03-04 00:00:00

The scion of the most famous political dynasty of India, Rahul Gandhi seems to be opting out as a prime ministerial candidate in the coming general elections due in April/May this year, and instead appears to be focusing on the...

Stocks close lower for 4th day

FE Online Report | 2014-03-03 00:00:00

Stocks extended losing streak for the fourth day amid volatile trading throughout the session with turnover declined further as investors remained cautious.The market opened with a positive note, but could not sustain. The prime index of the Dhaka Stock Exchange...

NBR seeks to realise most of Tk 250b stuck-up revenue

Doulot Akter Mala | 2014-03-03 00:00:00

Top tax officials met on Sunday to devise strategies including intensifying drives for realising disputed revenues to meet its sustained shortfall. Till January of this fiscal year (FY), the revenue collection under the National Board of Revenue (NBR) fell short...

BBA set to invite financial proposals this week

Munima Sultana | 2014-03-03 00:00:00

The Bangladesh Bridge Authority (BBA) is now set to seek financial proposals from all the three firms whose technical proposals for construction of the main Padma Bridge have been found responsive, officials said Sunday. "As technical proposals of all the...

BD examines possible benefits of joining ASEAN Plus

Syful Islam | 2014-03-03 00:00:00

Bangladesh is examining the possible benefits of joining the ASEAN Plus initiative as the country has been invited to join the regional body, officials said. The chief representative of Japan International Cooperation Agency (JICA) in Dhaka recently in a letter...

Net foreign investment on DSE rises 17.5pc in Feb

Babul Barman | 2014-03-03 00:00:00

Net foreign investment on the Dhaka Stock Exchange (DSE) rose 17.5 cent in February 2014, compared to the same month last year. It happened, as foreign fund mangers are now considering Bangladesh capital market lucrative for long-term investment due to...

Loss or not of innocence

Neil Ray | 2014-03-03 00:00:00

This melting pot called Dhaka attracts people of all classes, shapes and colours with varying intelligence, initiatives and endeavours. Those who came early found easy opportunities to make money and settle here. But with every passing day, the competition for...

Ensuring safe blood transfusion

Shamsul Huq Zahid | 2014-03-03 00:00:00

Blood transfusion continues to be an important element of the modern-day medicare. It becomes a necessity in various medical conditions including surgery. In many cases survival of a patient depends on the timely transfusion of blood.     However, the quality of...

Political quagmire costs a country dear

M Jalal Hussain | 2014-03-03 00:00:00

With the passage of time, changes in governance have taken place in most of the democratically-developed countries around the globe. Peoples of many countries, after their long struggles, have won freedom of expression, freedom of choice and freedom of making...

Pharma Aids to face the music

Mohammad Mufazzal | 2014-03-03 00:00:00

The listed company Pharma Aids is set to face regulatory actions as its clarification over impediments for a visit by the officials of premier bourse is not satisfactory to exchange authority, officials said. The company said in its clarification that...

Plastics industry growth hampered due to skilled manpower shortage

Rezaul Karim | 2014-03-03 00:00:00

The growth of country's plastics industry is being hampered due to shortage of skilled manpower and technical support services. Plastic sector is growing at a phenomenal rate contributing more than US$2.0 billion to the economy including $320 million in exports...

Local spirulina getting popularity as food supplement among consumers

Shamsul Huda | 2014-03-03 00:00:00

Protein-rich spirulina of local quality is getting popularity as a food supplement among consumers to meet their protein deficiency. With the help of French scientists and the Bangladesh Council of Scientific and Industrial Research (BCSIR) this food is currently harvested...

DSEX dips below 4,700-mark

FE Online Report | 2014-03-02 00:00:00

Stocks went down sharply on both the bourses Sunday, the opening day of the week and the key index of the prime bourse dipped below 4,700-mark after seven sessions with declining turnover as investors went for selling spree. The market...

5 listed banks recommend dividend

FE Online Report | 2014-03-02 00:00:00

Five listed banks – Eastern Bank, Brac Bank, United Commercial Bank, Pubali Bank and Al-Arafah Islami Bank Ltd-- on Sunday recommended dividends for the year ended on December 31, 2013, according to the Dhaka Stock Exchange (DSE) website. Eastern Bank...

Will the Ukrainian upheaval flare into a wider conflict?

Zaglul Ahmed Chowdhury | 2014-03-02 00:00:00

Despite the return of a semblance of normality in Ukraine with Russia apparently reconciling itself with the pro-Western influence there, fears continue to swell that the Kremlin may resort to something that may seek to reverse the latest trend in...

Yet another high-rise tilts in city

Khalilur Rahman | 2014-03-02 00:00:00

A five-storey building in city's Roopnagar area tilted last weak causing panic among the inmates and neighbours. Police and Fire Brigade personnel rushed to the spot and quickly evacuated occupants of the building. None was, however, injured in the incident....

Some airlines reducing flights due to fall in country\\\'s manpower export

Shah Alam Nur | 2014-03-02 00:00:00

Some airlines - both local and foreign ones -- have been cutting the number of their international flights following a drastic fall in Bangladesh's manpower export over the months, the sector insiders said. The airlines had been doing good business...

EPB re-introduces ODOP scheme for job creation, boosting export earnings

Badrul Ahsan | 2014-03-02 00:00:00

The Export Promotion Bureau (EPB) has re-introduced the One District One Product (ODOP) scheme, with a view to generating scope of employment and boosting export earnings of the country, officials said. They said promoting at least one product would also...

BSTI proposes reduction in level of caffeine in \\\'soft drinks\\\'

Shamsul Huda | 2014-03-02 00:00:00

With a view to reducing the present level of harmful caffeine in the carbonated beverages and energy drinks, Bangladesh Standards and Testing Institution (BSTI) has taken a move. A BSTI source told the FE, "We have proposed the government to...

Probashi Kallyan Bank to set up exchange houses

Talha Bin Habib | 2014-03-02 00:00:00

The Probashi Kallyan Bank (expatriates' welfare bank) plans to set up exchange houses to help expatriate Bangladeshis send remittance to the country, said the chief of the bank.      With this end in view the bank has applied to the central...

Ethno linguistic survey, a noble initiative indeed

Masum Billah | 2014-03-02 00:00:00

The International Mother Language Institute (IMLI) of Bangladesh has initiated a commendable job. It has begun a survey on languages of indigenous communities to revitalise and preserve them through documentation. It is expected to complete surveying at least four to...

Language policy: Quest for language justice

Kazi Mukitul Islam | 2014-03-02 00:00:00

Over the last five centuries, more than 50 per cent of the languages spoken all over the world were abolished. According to a recent study of Ethnologue, number of living language in the world is 7,105. There are only 1,300...

CSR funds for research and development

Syed Ejaz Ahsan and Ali Yusuf Hossain | 2014-03-02 00:00:00

In Bangladesh, the banking sector is growing steadily. At present, over 50 commercial banks are in operation. Most of them are in the private sector. A few are state-owned and some are multinational banks. The Bangladesh Bank is the prime...

Two rounds of upazila polls

M. Serajul Islam | 2014-03-02 00:00:00

The BNP-backed candidates have again won more seats in the second round of upazila elections. In 115 posts of chairmen, the BNP-backed candidates backed by the Bangladesh Nationalist Party (BNP) and the Jamaat-e-Islami secured 51, the ruling Awami League (AL)...