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Seasonal fortune-hunters throng capital before Eid

Ismail Hossain | 2014-07-25 00:00:00

Beggars and vendors are coming to the capital ahead of the Eid festival to earn some extra bucks, deteriorating the city's traffic management and occupying the footpaths. Most of these seasonal fortune-hunters are from relatively under-developed areas, like - Rangpur,...

Vessel owners warned of stern action against taking extra fares

Talha Bin Habib | 2014-07-25 00:00:00

Stern actions will be taken against the launch owners if they charge fares beyond the chart fixed by the government for the homebound passengers on the occasion of the upcoming Eid-ul-Fitr, warned the government and launch owners association. The warnings...

DSCC finds DWASA coy about some problems

Shamsul Huda | 2014-07-25 00:00:00

Sewerage system and waste management in the Dhaka South City Corporation (DSCC) areas has virtually collapsed due to lack of coordination between two state-owned organisations, sources said. A senior official in the DSCC said in many spots in the city...

Justice for children with disabilities

S. M. Rayhanul Islam reviewing the book | 2014-07-25 00:00:00

"My disability has not prevented me from achieving any of the important things. I am a qualified social worker, passed my driving test when I was 16, left home when I was 19 and have lived and worked in Asia...

Viewing things from depth of solitude

Syed Ashraf Ali, reviewing the book | 2014-07-25 00:00:00

Thoughts and imagination have wings with potential to travel across time and space with effortless ease. A K N Ahmed, who is no stranger to the world of penmanship, has an admirable ability to harmonise his thoughts with imagination to...

Humayun Ahmed is sorely missed

Zaglul Ahmed Chowdhury pays tribute to the memory of the celebrated writer on his 2nd anniversary of death | 2014-07-25 00:00:00

The second death anniversary of celebrated novelist and playwright Humayun Ahmed passed off on July 19, bringing back his memory to countless admirers, friends and well wishers. The news of his death in a New York hospital two years ago...

Palestine bleeds but world stands a silent spectator

Nilratan Halder | 2014-07-25 00:00:00

Palestine is bleeding in the month of Ramadan. The legacy of the Arab-Jew conflict finds its origin in hoary past of the Old Testament. Judaism as a religion and the Jews as a people originated in a place known as...

Who shot down the Malaysian plane?

S.M.Nasimul Haque | 2014-07-25 00:00:00

A Malaysian Airlines aircraft was shot down over war zone of Ukraine on July 17. This flight was planned on an internationally approved route. These routes are established and approved by ICAO for the signatory states to use with full...

Will new MPS 2014 be investment-friendly?

Anwar Faruq Talukder | 2014-07-25 00:00:00

Generally, monetary policy is defined as a process by which the monetary authority (ideally the central bank) of a country controls the supply of money, fixing rates of interest for the purpose of promoting economic growth and stability. The official...

A bank is born: Promising start to change international financial architecture

Hasnat Abdul Hye | 2014-07-25 00:00:00

At first it appeared as nothing more than a lot of hot air, limited to loud thinking among the proponents. An inter-continental bank requires cohesion, spirit of co-operation in concrete terms, a good deal of determination and planning which were...

Stocks close higher on last trading day before Eid

FE Online Report | 2014-07-24 00:00:00

Stocks ended higher on Thursday, the last trading day before the ensuing Eid-ul-Fitr with improved turnover as optimistic investors went for buying binge on large cap stocks amid optimism.  Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will go...

DSE, CSE open positive

FE Online Report | 2014-07-24 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Thursday, the last trading day before Eid vacation. DSEX, the prime index of the DSE, went up by 18.08 points...

RHD repairing highways on its own

Munima Sultana | 2014-07-24 00:00:00

The Roads and Highways Department (RHD) has taken initiatives to carry out highway maintenance work on an urgent basis on its own, following poor response from contractors in this regard. Officials said the RHD has already started some maintenance work,...

Indian group eager to set up power plant near proposed deep-sea port

Syful Islam | 2014-07-24 00:00:00

India's largest private power producer Adani Group has expressed its interest to establish a coal-fired power plant near the site of proposed deep sea port in Sonadia under Cox's Bazar district, sources said. A delegation of Adani Group, headed by...

BSEC detects insecure investment of MFs

Mohammad Mufazzal | 2014-07-24 00:00:00

Some mutual funds (MFs), allegedly, are making investments ignoring the restrictions set by the securities regulator, market insiders said. Such a practice is making their investments vulnerable, they said.   Among the fund managers, the LR Global Bangladesh Asset Management Company...

Govt invites USTR chief to inspect BD\\\'s progress

Rezaul Karim | 2014-07-24 00:00:00

The government has invited Michael Froman, who holds the office of the United States Trade Representative (USTR), to see the progress Bangladesh's apparel industry has made in addressing the issues related with labour rights and worker safety. Officials said the...

edotco to provide comprehensive solutions to telecom operators

Mohammad Ali | 2014-07-24 00:00:00

edotco Bangladesh Company Ltd, a tower operating firm, looks to provide comprehensive solutions of integrated telecommunications infrastructure to all telecom operators in the country, its high official said. Launched a year ago here, its main service is to consolidate the...

Eid economics goes on a binge

Shah Alam Nur | 2014-07-24 00:00:00

Shoppers are now busy buying prayer accessories like topi or traditional prayer cap, attar, surma (kohl) and tashbi, at the peak of shopping binge, to accomplish their festival preparation as the Eid-ul-Fitr celebration is barely five days ahead.   The sales...

BTRC to go tough against errant IGW operators

Khairul Islam | 2014-07-24 00:00:00

The telecom regulator is set to go tough against the international gateway (IGW) operators which failed to pay the outstanding dues including renewal fee of licence and revenue sharing within the stipulated time, officials  said. According to the official data,...

Development of SMEs: Replicating top foreign models

Md. Joynal Abdin | 2014-07-24 00:00:00

The National Industrial Policy 2010 of Bangladesh clearly defines small and medium enterprises (SMEs) with two major indicators - replacement cost and number of workers. The Bangladesh economy has the strong support of its dependable SME sector. SMEs have been...

Indonesia\\\'s new president will sit down with miners

Randy Fabi and Wilda Asmarini of Reuters from Jakarta | 2014-07-24 00:00:00

Indonesia's new president Joko "Jokowi" Widodo said he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted $500 million of metal exports a month in Southeast...

Islamic State crushes and coerces on march towards Baghdad

Maggie Fick and Isra\' al-Rubei\'I of Reuters from Baghdad | 2014-07-24 00:00:00

Using its own version of "soft" and "hard" power, the Islamic State is crushing resistance across northern Iraq so successfully that its promise to march on Baghdad may no longer be unrealistic bravado. While conventional states try to win hearts...

Stocks return to red

FE Online Report | 2014-07-23 00:00:00

Stocks returned to the red Wednesday, after two session’s upturn as a section of investors booked short-term profit on large cap stocks. The market opened with positive note, but could not sustain. DSEX, the benchmark index of the Dhaka Stock...

Of poor road conditions and soured mood

Shamsul Huq Zahid | 2014-07-23 00:00:00

Eid means joy and celebration. Even the poorest of the poor Muslim tries with his/her very limited means to make the occasion joyous as far as possible. One of the key parts of the Eid celebration is family reunion which...

Banking industry’s efficiency level falls

Siddique Islam | 2014-07-23 00:00:00

The overall efficiency ratings of the country's banking sector declined slightly last year due mainly to higher volumes of non-performing loans the banks were burdened with, officials said on the basis of latest evaluation. It was found out that the...

Challenge now on HC cause list

Mohammad Ali | 2014-07-23 00:00:00

The High Court (HC) is set to adjudicate shortly the legality of the much-talked-about income-tax provision that allows taxmen to be rewarded with part of the money that is realized from 'outstanding' tax, courts sources said. A company-and fiscal-law expert...

Floating schools for \\\'haor\\\' children

Abdul Bayes | 2014-07-23 00:00:00

The district of Sunamganj, especially its lower hinterland areas called 'haors', are known for high incidence of poverty and illiteracy. Poverty and illiteracy are highly correlated. Primary school enrolment of children of the poor and the extreme poor households in...

Business growth: Managing risk factors

B K Mukhopadhyay from Kolkata | 2014-07-23 00:00:00

The global business environment has been turning to be more and more complicated; so also global financial markets being much more uncertain than ever before? The global financial uncertainties were not entirely unanticipated, but the intensity was not predicted nor...

Gaza bleeds as Israel conducts a war of attrition

Saleh Akram | 2014-07-23 00:00:00

Gaza is bleeding. Death toll has already topped the 500 mark. With no possibility of an immediate ceasefire in sight, miseries of the Gazans are compounding, precipitating a humanitarian crisis. Israel's bombing onslaught continues as thousands flee northern Gaza amid...

50 micro-lenders lose licences

Rezaul Karim | 2014-07-23 00:00:00

The licences of nearly 50 microfinance institutions (MFIs) have been cancelled by the regulator for breach of the set rules and regulations guiding micro-credit operations, officials said. Director of the Micro Credit Regulatory Authority (MRA) Md. Shazzad Hossain told the...