FE Today Logo

Search results for: l


Prospects of fisheries

Mahmudul Karim | 2014-06-18 00:00:00

Global warming, sea-level rise and a series of resultant changes in the coastal, as well as the inland aquatic environment should no longer be taken as mere conjectures of some scientists; these are now appearing more and more as stark...

When the dream of overseas jobs turns into a nightmare

M. Serajul Islam | 2014-06-18 00:00:00

The recent incident in the Bay of Bengal in which five Bangladeshis were killed is no accident.  They were among 318 in a trawler who were trying to reach Malaysia illegally and were killed when Myanmar's human traffickers fired at...

Euro zone robust output boosts second-quarter GDP growth hopes

Martin Santa of Reuters from Brussels | 2014-06-18 00:00:00

Euro zone industrial output rebounded with a twice-as-strong as expected monthly rise in April thanks to energy and non-durable goods production, official data showed on Thursday, pointing to an acceleration of economic growth in the second quarter. Output in the...

DSE turnover dips below Tk 3b-mark

FE Online Report | 2014-06-17 00:00:00

The market closed lower for third running session on Tuesday with turnover on the prime bourse dipped below Tk 3.0 billion-mark amid apparent lack of clear indications and gloomy market sentiment. DSEX, the prime index of the Dhaka Stock Exchange...

Transfer pricing law to be made effective from July 1

Doulot Akter Mala | 2014-06-17 00:00:00

The National Board of Revenue (NBR) is going to introduce transfer pricing regulations from July 1, 2014 in a bid to check tax avoidance by multinational companies. The Transfer Pricing Law, approved through the Finance Bill-2012, remained in process of...

BD should graduate to multiple-producer status

Munima Sultana | 2014-06-17 00:00:00

Bangladesh should graduate from its position as labour-intensive single product-producing country to a producer of technological-based diversified goods for doubling the Japanese investment through brining in clean technologies. Japanese Ambassador Shiro Sadoshima gave the suggestion, assuring that his country is...

Govt plans special rate for migrants remitting money

Rezaul Karim | 2014-06-17 00:00:00

The government has moved to introduce a special incentive and a preferential rate against foreign currencies to be sent by Bangladeshi migrants. The ministry of expatriates' welfare and overseas employment (MoEWOE) requested the ministry of finance (MoF) and the Bangladesh...

Local biotech drugs make their mark

Shamsul Huda | 2014-06-17 00:00:00

New-generation biotechnology-based pharmaceutical products of world standards are being manufactured by a good number of leading local companies, industry sources said about the advances in the field. The pharmaceutical companies' investments in producing biotech-based products are leading the local industry...

Implementing SSNPs the PKSF way

Md Hasan Khaled | 2014-06-17 00:00:00

People who live on less than $ 1.25 a day are considered the absolute or extreme poor. It is estimated that globally 1.22 billion people are absolute poor and, of them, 842 million people are suffering from chronic hunger. That...

Budget 2014-15: Maintenance of political stability key to success

Saleh Akram | 2014-06-17 00:00:00

A budget is an account of income and expenditure for a particular period of time. The budget 2014-15, which was presented by the Finance Minister in the parliament on the 5th of this month envisages total expenditure of Tk 2.5...

ISIS threatens Baghdad

Zaglul Ahmed Chowdhury | 2014-06-17 00:00:00

The woes of Iraq, historically a land of civilisation in the Arab world, know no bounds. It lands from one crisis to another and this has been particularly noticeable since the toppling of the Saddam Hussein government by the United...

Economic impact of World Cup soccer

Syed Jamaluddin | 2014-06-17 00:00:00

The opening ceremony of the World Cup took place  at Sao Paulo's Arena Corinthians Stadium on  June 12. American star Jennifer Lopez added glamour to the colourful ceremony. This was in contrast to the violent anti-tournament protest in the city....

Merchant bankers seek reduction of corporate tax

Mohammad Mufazzal | 2014-06-17 00:00:00

The merchant bankers have proposed to incorporate three proposals, including reduction of corporate tax in the national budget of the fiscal year (FY) 2014-15, BSEC officials said. The Bangladesh Merchant Bankers Association (BMBA) has placed their proposals to the ministry...

Local manufacture helps B\\\'desh break reliance on glass imports

Shah Alam Nur | 2014-06-17 00:00:00

The country's glass manufacturing industry is thriving on the back of domestic demand, helping the nation to reduce reliance on imports of glassware, top industry captains said. Local manufactures are capable of meeting more than 90 per cent of the...

UN peacekeepers need to expand further in Mali\\\'s north: Ban

Michelle Nichols of Reuters from the United Nations | 2014-06-17 00:00:00

U.N. peacekeepers should expand further into the volatile north of Mali, beyond cities and towns, amid fears that militants will step up their attacks against international and Malian troops and threats to civilians, U.N. chief Ban Ki-moon said last week....

Abe unveils plan to cut corporate tax rate to spur growth

Tetsushi Kajimoto and Antoni Slodkowski of Reuters from Tokyo | 2014-06-17 00:00:00

Japanese Prime Minister Shinzo Abe unveiled a plan last week to cut the corporate tax rate below 30 per cent in stages to help pull the economy out of two decades of sluggish growth and deflation. Investors have been scrutinising...

Stocks close flat amid cautious trading

FE Online Report | 2014-06-16 00:00:00

Stocks closed flat on Monday after previous session’s sharp decline as investors went for late hours selling spree amid cautious stance. The market opened with a positive note, but could not sustain as session progressed. Eventually, DSEX, the prime index...

Stocks open positive

FE Online Report | 2014-06-16 00:00:00

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Monday, the second trading session of the week. DSEX, the prime index of the...

ADB for investment in infrastructure projects

Special Correspondent | 2014-06-16 00:00:00

Visiting Asian Development Bank President Takehiko Nakao has laid emphasis on significantly increasing the investment-GDP ratio for infrastructure projects by steadily strengthening the revenue collection as it is very important to support the country's socio-economic development. At a press conference...

TCB truck-sale leaves no visible impact yet

Talha Bin Habib | 2014-06-16 00:00:00

The state-run Trading Corporation of Bangladesh (TCB) has enhanced its sale of some selective items through trucks to keep their prices stable ahead of the holy month of Ramadan, though the drive is yet to make any visible impact on...

Indo-Bangla trade thru\\\' land ports hampered

Syful Islam | 2014-06-16 00:00:00

Trade between Bangladesh and India through land ports is being seriously hampered because of poor infrastructure and long procedural delays, officials have said. Bangladeshi officials in the upcoming meeting with their Indian counterparts will raise the issues and call for...

Tk 4.4 billion social fund by cellphone cos lying idle

Badrul Ahsan | 2014-06-16 00:00:00

More than Tk 4.4 billion contributed by the telecom operators as social obligation fund (SOF) has been lying idle with the government for long mainly for lack of rules for utilisation of the money, competent sources said. They said though...

The dilemma of higher education

Md Jamal Hossain | 2014-06-16 00:00:00

Easy availability of higher education has, ironically, turned out to be a big problem for our country. It has created an unemployment problem and the mismatch between the cost of education and the return has become a perennial problem. Graduates...

Drive against formalin frenzy

Neil Ray | 2014-06-16 00:00:00

Pages of newspapers are splashed with pictures of vehicles or even bulldozers massacring enormous amount of summer fruits in the capital. Different TV channels also show this act of demolition on the small screen. The reason why fruits are seized...

Are they \\\'fatkabajes\\\' or something else?

Shamsul Huq Zahid | 2014-06-16 00:00:00

Finance Minister AMA Muhith last Thursday again took a swipe at 'fatkabajes' whom he held responsible for destabilising the stock market. "They are not investors at all. They are a band of fatkabajes responsible for destabilising the market, Muhith said...

Myanmar panel deals blow to Suu Kyi\\\'s chances of becoming president

Aung Hla Tun of Reuters from Yangon | 2014-06-16 00:00:00

Nobel laureate Aung San Suu Kyi's hopes of becoming Myanmar's president next year have been dealt a blow when a parliamentary committee voted not to change a constitutional clause that bars her from the post, two of the panel members...

Modi kicks into gear with defence, dam projects

Sanjeev Miglani of Reuters from New Delhi | 2014-06-16 00:00:00

India's new government kicked into gear this week, clearing billions of dollars worth of long-delayed defence projects, including a big navy base, as well as approving the scaling-up of one of the country's biggest dams. The decision to give the...

DSEX dips below 4,400-mark

FE Online Report | 2014-06-15 00:00:00

Stocks saw sharp decline Sunday with the key index of the prime bourse dipped below 4,400 points mark as investors remained frustrated due to imposition of higher capital gain tax in the proposed budget. DSEX, the prime index of the...

DSE, CSE down

FE Online Report | 2014-06-15 00:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Sunday, the first trading day of the week. DSEX, the prime index of the DSE, went down by 3.17 points or 0.07...

Deal with Chinese firm to be signed on June 17

Munima Sultana | 2014-06-15 00:00:00

 Signing of the contract with the Chinese company for construction of the much-awaited Padma Bridge at a cost of Tk 121 billion will be held on June 17 (Tuesday). The Bangladesh Bridge Authority, the executing agency of the US$2.9 billion...