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Transport crisis, cost hit rice, atta prices

Rezaul Karim | 2014-01-14 00:00:00

Crisis of transports and the hike in their fare have hit the prices of rice and atta across the country in recent days, officials said. The causes of the surge in the prices of the essentials were unearthed in an...

Shipbreaking industry may face negative growth, eventual closure

Shamsul Huda | 2014-01-14 00:00:00

Faced with growing demand for quality steel and large investments by big companies to manufacture such products, the local ship breaking industry may face negative growth and eventual closure, industry insiders said. According to a ship breaking association sources the...

IDRA asks insurance cos to settle turmoil-related claims

Syful Islam | 2014-01-14 00:00:00

The country's insurance companies are allegedly not responding positively to the claims against damages that occurred during the recent political turmoil, official sources said. The Insurance Development and Regulatory Authority (IDRA) has received several complaints from the policy-holders of being...

Formation of \\\'capital market tribunal\\\' contrary to some sections of CrPC

Mohammad Ali | 2014-01-14 00:00:00

Some provisions that have been put in place in the recently amended securities law on formation of 'capital market tribunal' are contrary to some sections of the Code of Criminal Procedure (CrPC)-1898, according to legal experts and academics. They said...

Demutualisation: A new beginning for DSE

Md. Mukitul Anam | 2014-01-14 00:00:00

Demutualisation has been a new issue in the capital market in Bangladesh. As in the case of many other stock exchanges all around the world, steps have been taken to turn the traditional mutual stock exchanges into demutualised ones. Normally...

Policy imperatives of the recent inflation data

Abul Basher | 2014-01-14 00:00:00

Inflation is a lagged macroeconomic variable in the sense that it encapsulates what happened in the economy so far. Thus it gives an idea about what needs to be done or not needs to be done to foster economic activities....

In war or withdrawal, Sharon marched to his own drum

Dan Williams of Reuters from London | 2014-01-14 00:00:00

A maverick in war and politics, Israel's Ariel Sharon reshaped the Middle East in a career marked by adventurism and disgrace, dramatic reversals and stunning rebounds. Loathed by many Arabs and a divisive figure within Israel, Sharon left his mark...

More well-known US retailers victims of cyber attacks

Jim Finkle in Boston and Mark Hosenball in Washington of Reuters | 2014-01-14 00:00:00

Target Corp and Neiman Marcus are not the only U.S. retailers whose networks were breached over the holiday shopping season last year, according to sources familiar with attacks on other merchants that have yet to be publicly disclosed. Smaller breaches...

DSEX reaches all-time high

FE Online Report | 2014-01-13 00:00:00

The stock market edged higher for the fifth running sessions Monday with turnover improved further as easing of political turmoil jacked investors’ confidence up. The market started in a positive trend in the morning and the key index of the...

Govt aims to borrow more through treasury bonds

Jasim Uddin Haroon and Rezaul Karim | 2014-01-13 00:00:00

The government is actively considering increased borrowing using treasury bonds to meet its deficits. Such a decision is basically aimed at developing the country's bond market, officials at the Ministry of Finance (MoF) told the FE Sunday. They said the...

Drug export witnesses sharp increase in 1st half of FY ’14

Badrul Ahsan | 2014-01-13 00:00:00

The export volume of local drugs has seen a sharp increase in the first half of the current fiscal year (FY) of 2013-14 thanks to their high-end production and better quality, industry insiders said. Besides, the continued efforts on the...

Tk 500b needed to give ruined rivers a new lease of life

Shamsul Huda | 2014-01-13 00:00:00

Water experts estimate that Tk 500 billion will be needed to give the country's ruined rivers a new lease of life. Bangladesh Water Development Board (BWDB) has already taken a move, as part of a giant dredging project, to let...

Technological development the country can take pride in

Neil Ray | 2014-01-13 00:00:00

Drone, a highly sophisticated self-propelled unmanned aeroplane, spells selective death to unsuspecting people -be they the feared Taliban or simple tribal people in Pakistan. The flying machine hovers at a great altitude beyond recognition of the advanced radar and suddenly...

Will there be another stock bubble?

Shamsul Huq Zahid | 2014-01-13 00:00:00

Notwithstanding all the controversies and street troubles surrounding the January 05 national election a new government took oath last Sunday on the basis of its results. It remains to be seen how the new government acts in an environment that...

Stocks open with mix trend

FE Online Report | 2014-01-13 00:00:00

The prices of most of the stocks on both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- witnessed modest see-saw in early hours of trading Monday, the second trading day of the week. After 30 minutes of...

Incentives being weighed for home, specialised textiles

Syful Islam | 2014-01-13 00:00:00

The government has moved to keep the home textile and specialised textile sectors afloat by providing various types of incentives, as export earnings from the two areas were continuously declining, sources have said. The move has been taken in the...

Dennis Rodman lands in North Korea for basketball on Kim Jong-un\\\'s birthday

reports ABC News of Australia | 2014-01-13 00:00:00

Former NBA basketball star Dennis Rodman has arrived in North Korea with a team of retired professional basketball players to mark the birthday of the country's leader Kim Jong-un. This marks Rodman's fourth trip to the North Korean capital, Pyongyang,...

Stocks see upward trend at opening

FE Online Report | 2014-01-12 00:00:00

The prices of most of the stocks on both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- witnessed positive trend in early hours of trading Sunday, maintaining the previous session’s uptrend. After 30 minutes of trading, the...

Low focus on attracting FDI reducing job opportunities

Shamsul Huda | 2014-01-12 00:00:00

Botched economic diplomacy and low focus on attracting foreign direct investments (FDI) are reducing job opportunities, hampering expansion of technology and hindering diversification of the country's manufacturing base, analysts said. According to a source in an apex trade chamber, in...

Saving wildlife in the Sundarbans

Khalilur Rahman | 2014-01-12 00:00:00

Wildlife in the Sundarbans is under serious threat. Of late a large number of poachers are active in the world's largest mangrove forest. Local people say gangs of poachers in connivance with a section of forest officials kill wild animals...

Where will current Indo-US diplomatic row lead to?

Zaglul Ahmed Chowdhury | 2014-01-12 00:00:00

As Devyani Khobragade, the Indian diplomat, who is at the centre of a strenuous Indo-American diplomatic row, has now been allowed to leave the US. This development appears baffling as to how a seemingly trivial issue snowballed into a major...

Workers being fired only to be hired on contract

Mohammad Mufazzal | 2014-01-12 00:00:00

A large number of readymade garment (RMG) factories in the capital and other industrial areas have cut jobs of a segment of their workers blaming it on workers' unrest and difficulty in implementing new wage structure. Factory owners, labour leaders...

\\\'Mrittika\\\' software can help double yield of robi crops

Jamal Uddin | 2014-01-12 00:00:00

Farmers in some parts of the country are getting almost double benefit in robi crop cultivation by using 'mrittika', a software developed by Grameen Intel Social Business Ltd (GISB). The software has been applied on more than 150 farmers under...

Mystery behind surge in import of capital machinery

Syed Ashraf Ali | 2014-01-12 00:00:00

There has been a flurry of speculations in the media about the reasons for abnormal rise in import of capital machinery in the recent months in the backdrop of the turmoil in the political arena. The conclusion drawn in the...

PISA, evaluating education system worldwide

Masum Billah | 2014-01-12 00:00:00

For gaining the 21st century skills students need to put emphasis on mathematics, science and English. These can be said as surviving skills as well. But the number of science students is decreasing at an alarming rate. The way of...

BPC seeks Tk 12.53b from govt as fuel subsidy

Rezaul Karim | 2014-01-11 00:00:00

The state-run Bangladesh Petroleum Corporation (BPC) has sought over Tk 12.53 billion as subsidy fund from the government to help keep its fuel imports and supplies uninterrupted, officials have said. The Ministry of Power, Energy and Mineral Resources recently sent...

Dealing with climate change: Six global events in January

Quamrul Islam Chowdhury | 2014-01-11 00:00:00

Six important events are taking place across the globe in January in order to shape how the world discusses climate change. Sophie Yeo of RTCC ( Climate change news, comments and analysis)  ran a report with a list of five...

Frozen food exporters suffer heavy losses

Maskurul Alam | 2014-01-11 00:00:00

Exporters of frozen foods have incurred Tk 1.8 billion losses in the past three months (October-December) due to political instability. Their dreams are going to be snuffed out owing to the recurrent nationwide blockades and hartals. The blockade not only...

International community on Bangladesh election

Syed Jamaluddin | 2014-01-11 00:00:00

Sunday's national election was controversial. International pressure is increasing for holding dialogue towards arranging a participatory and acceptable election. The outside world is frustrated as most voters could not exercise their franchise. Voter turnout was poor. UN Secretary General has...

The saviour called overseas remittance

Abul Basher | 2014-01-11 00:00:00

Total remittance in 2013 declined in absolute term from 2012 by $34 billion from $1418 billion to $1384 billion. Remittance has been identified as one of the two growth enablers in the recent years by the World Bank. At the...