Rezaul Karim | 2014-09-04 00:00:00
The raw jute procurement activities of different mills under Bangladesh Jute Mills Corporation (BJMC) have come to a halt mainly due to shortage of necessary fund, officials have said. The government released Tk 10 billion to the BJMC for the...
Michael Roddy of Reuters from Venice | 2014-09-04 00:00:00
One of the most powerful and violent films to be shown at the Venice Film Festival this year, Japanese director Shinya Tsukamoto's "Nobi" (Fires on the Plain), delivers a stinging anti-war message bathed in blood. A remake of a 1959...
Michelle Moghtader of Reuters from Tehran | 2014-09-04 00:00:00
Iran's possible response to new US sanctions could "not be pleasant", its foreign minister said last week, raising the prospect of tit-for-tat retribution against the Islamic Republic's old adversary weeks ahead of fresh nuclear talks. Iranian leaders reacted with dismay...
Mehreen Zahra-Malik of Reuters from Islamabad | 2014-09-04 00:00:00
Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade. The International Monetary Fund (IMF)...
James Pearson and Alina Selyukh of Reuters | 2014-09-04 00:00:00
Three American citizens detained in North Korea appealed on Monday to the U.S government for help returning home, speaking in rare interviews set up by the North Korean government. The three men, one serving a 15-year sentence and two awaiting...
Robin Emmott and Gabriela Baczynska of Reuters | 2014-09-04 00:00:00
EU officials proposed sanctions this week to starve Russian firms of cash as punishment for Moscow's role in Ukraine, where rebels said they were storming Donetsk airport, potentially their biggest prize since turning the war's tide last week. Western countries...
FE Online Report | 2014-09-03 00:00:00
Stocks ended higher for the third running session on Wednesday with turnover remained unchanged as investors' buying spree continued on large cap stocks. The market opened with a positive note and the key index of the major bourse gained 47...
FE Online Report | 2014-09-03 00:00:00
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Wednesday, the 4th session of the week. DSEX, the prime index of the DSE, went up by 42.92 points or...
Shamsul Huq Zahid | 2014-09-03 00:00:00
The international rating agency, the Fitch Ratings, has for the first time assigned international ratings to the Bangladesh sovereign. It has assigned 'BB-'for long-term and 'B' for short-term foreign and local currency issuer default ratings (IDRs). The ratings do serve...
Doulot Akter Mala | 2014-09-03 00:00:00
The National Board of Revenue (NBR) has turned down the BTRC plea for exempting it from payment of income tax on its annual income, as all state entities are on the tax-net now. If tax waiver is not allowed, the...
Md Jamal Hossain from Denver, USA | 2014-09-03 00:00:00
Corruption has turned out to be a permanent malady in our society. We, as both conscious and responsible citizens, are desperately looking for a way out of this chronic epidemic. When we talk about corruption, our fingers point to the...
Md. Abdul Halim | 2014-09-03 00:00:00
Nobel laureate Economist Kenneth Arrow gave a dynamic interpretation of increasing return by emphasising "Learning by Doing". Technological progress and human capital formation are endogenised within development trajectories. Investment in knowledge capital sustains long-run growth. Developing countries need to emphasise...
Zaglul Ahmed Chowdhury | 2014-09-03 00:00:00
The Ukraine crisis seems to have deteriorated further as Russian president Vladimir Putin has now asked for "statehood" for east Ukraine. While the west is condemning Moscow's increasing involvement in the affairs of Ukraine, Putin has raised the issue of...
Badrul Ahsan | 2014-09-03 00:00:00
Probashi Kalyan Bank (PKB), the specialised state-owned bank for expatriates' welfare, has initiated a process of floating its share in the stock market for further expansion, sources said. According to the sources, the authority of the bank is at the...
Mohammad Mufazzal | 2014-09-03 00:00:00
Experts, asset management companies (AMCs), auditors and the securities regulator have expressed mixed opinion regarding charging of management fee of mutual funds (MFs) without performance or giving dividends to the unit- holders. Some of the AMCs said the management fee...
Shah Alam Nur | 2014-09-03 00:00:00
Online trading platforms have grown to more than 2,000 now to facilitate e-commerce as the concept of shopping without having to take the trouble of visiting a shop is getting popular fast in the country. Sector-insiders say the concept of...
Mehreen Zahra-Malik of Reuters in Islamabad | 2014-09-03 00:00:00
Pakistan is preparing to launch a selective crackdown against anti-government protesters trying to bring down the government of Prime Minister Nawaz Sharif, the defence minister said, warning demonstrators against storming government buildings. Dashing chances of a peace deal between the...
Isabel Coles and Peter Apps of Reuters in London | 2014-09-03 00:00:00
After their lightning takeover in June, flag-waving Islamic State militants paraded through the captured Iraqi city of Mosul in looted US-built Humvees, armoured cars and pickup trucks mounted with heavy machine guns. Today, many have ditched military-type vehicles that could...
FE Online Report | 2014-09-02 00:00:00
Stocks witnessed sharp gain on Tuesday with turnover improved slightly as investors went for buying spree on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,602.43 points, gaining 47.46 points or 1.04 per...
FE Online Report | 2014-09-02 00:00:00
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Tuesday, the third session of the week. DSEX, the prime index of the DSE, went up by 32.06 points or...
Munima Sultana | 2014-09-02 00:00:00
Dhaka Transport Coordination Authority (DTCA) is yet to ensure coordination among different agencies working in the transport sector. An expert and officials in the relevant field have listed the lack of coordination as a major reason for the city's traffic...
Abdul Bayes | 2014-09-02 00:00:00
The name of the village is Modhurkhola (Place of Honey). It is under Dohar upazila -60 km south west of the capital city. The headmaster of the village high school said that the village was so named as fields filled...
Doulot Akter Mala | 2014-09-02 00:00:00
The customs wing of the government's revenue board has decided to oust outsiders from all customs houses including those in Dhaka and Chittagong in a bid to ensure efficiency in the customs clearance procedures. The customs department will recruit new...
Syful Islam | 2014-09-02 00:00:00
The government is set to offer a slew of incentives including tax holiday for economic zones (EZs) to foster investment in the country, which can spur higher economic growth, officials said. The planned incentives will be extended in the forms...
FE Online Report | 2014-09-01 00:00:00
Stocks closed slightly higher on Monday after two sessions' fall as investors took position on some selected stocks amid cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,554.97 points, gaining 5.45 points or 0.11...
FE Online Report | 2014-09-01 00:00:00
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Monday, the second session of the week. DSEX, the prime index of the DSE, went up by 15.96 points or...
M. A. Taslim | 2014-09-01 00:00:00
Recently a research institute assembled a bevy of economists for a discussion on the biannual publication of Bangladesh Bank (BB), Monetary Policy Statement July-December 2014. The discussion revealed that there were sharp differences of opinions on several issues. The economists...
Siddique Islam | 2014-09-01 00:00:00
The central bank has relaxed foreign-exchange regulations on repatriation of sale proceeds from equity owned by non-residents in unlisted companies purchased by residents, as a measure to encourage foreign direct investment (FDI) in the country. Under the relaxed rules, the...
Shamsul Huda | 2014-09-01 00:00:00
Homes, hotels, restaurants and even wayside sherbet kiosks -- everywhere jar water is available nowadays as a safe drink. But question arose how safe it is. Unauthorised drinking jar waters have flooded the market, putting public health at risk of...
M.A. Taslim concluding this economic analysis, in continuation of his write-up appearing on Page 1 & Page 7 of today’s issue of the FE | 2014-09-01 00:00:00
It was suggested at a recent meeting organised by a research institute that the low program growth rate of money does not indicate the true intention of Bangladesh Bank (BB). The decline in domestic credit must have convinced BB that...
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