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Jute exports fetch $643m in July-Jan

Shah Alam Nur | 2011-03-05 00:00:00

Shah Alam NurExport earnings from jute goods increased by 53.95 per cent during the first seven months of the current fiscal year. The earnings during July-January period of FY 2010-11 stood at $643.48 million compared to $417.99 million during the...

Jute exports fetch $643m in July-Jan

Shah Alam Nur | 2011-03-05 00:00:00

Jute exports fetch $643m in July-Jan

Shah Alam Nur | 2011-03-05 00:00:00

Bangladesh to attend hearing in Turkey next week on proposed apparel duty

Syful Islam | 2011-03-04 00:00:00

Syful IslamBangladesh will participate next week in a hearing on imposition of duty on apparel imports by the government of Turky to save the latter's domestic industry, Ministry of Commerce (MoC) officials in Dhaka said last Wednesday. The Turkish government...

N Korea seeks to resume 'barter' trade with BD

Syful Islam | 2011-03-04 00:00:00

Syful IslamNorth Korea has sought to resume barter trade with Bangladesh, nearly two decades after the goods and services swapping deal was suspended following Pyongyang's failure to pay $11.53 million it owes to Dhaka The two sides may sign a...

Yunus in limelight of world media

Fazle Rashid | 2011-03-04 00:00:00

Fazle Rashid NEW YORK, Mar 03: Dr. Mohammad Yunus has stolen the limelight in international media. Two very prestigious and influential newspapers, the New York Times and the Financial Times have carried more than three reports in past few days...

Of greed, fear and noise

writes Shafiqul Alam | 2011-03-04 00:00:00

writes Shafiqul AlamStock market trading is an activity that is controlled by human emotions. It is inescapable that there is always a fear of losing and the greed to win. The behaviour of "Noise trading" is also coupled with these...

Of greed, fear and noise

writes Shafiqul Alam | 2011-03-04 00:00:00

JBC to join 7-member spl fund formed to bail out stock mkt

Asaduzzaman Pallab | 2011-03-04 00:00:00

Asaduzzaman PallabJiban Bima Corporation (JBC), a state-owned life insurance company, will join seven other state-owned financial institutions to form a 'special fund' aiming to provide liquidity support following a capital market debacle. These eight financial institutions would sit in a...

JBC to join 7-member spl fund formed to bail out stock mkt

Asaduzzaman Pallab | 2011-03-04 00:00:00

Country's apparel sector may suffer serious setback

Badrul Ahsan | 2011-03-03 00:00:00

Badrul AhsanThe cotton import for the country's spinning mills is set to face a fresh blow as Uzbekistan, which supplies about fifty per cent of the total requirement of the item for the local mills, has decided to halve its...

'False' campaign casts glum over shrimp farming

Syful Islam | 2011-03-03 00:00:00

Syful IslamShrimp farming is facing rough weather in Khulna region after false propaganda by non-government organisations (NGOs) that the sector cares little about hygiene, officials said Tuesday. But an investigation of the Department of Fisheries found involvement of some NGOs...

Brokerage firms won't go for forced sale of shares

Asaduzzaman Pallab and Babul Barman | 2011-03-03 00:00:00

Asaduzzaman Pallab and Babul BarmanBrokerage firms agreed not to make any "forced sale" in the capital market. Forced sale is considered as the main reason for the sharp decline in the market in the last few days. The decision came...

Drastic fall in BO account opening

Asaduzzaman Pallab | 2011-03-02 00:00:00

Asaduzzaman PallabThe number of new Beneficiary Owners (BO) accounts has fallen down dramatically in the month of February amid continued slump in the stock market. According to the latest data of Central Depository Limited Bangladesh (CDBL), the total number of...

Ministry asks RHD to swing into action as it may fail to meet ADP execution target

Munima Sultana | 2011-03-02 00:00:00

Munima SultanaPerformance of the ministry of communications is likely to be below expectation as usual in the execution of the annual development programme (ADP) this year as its prime budget recipient, Roads and Highways Department (RHD), has failed to meet...

Govt mulls incorporation of jail term in labour law

Syful Islam | 2011-03-02 00:00:00

Syful IslamThe Ministry of Labour and Employment (MoLE) is in a fix over incorporation of jail term in the Bangladesh Labour Law since the employers are strongly opposing it, official sources said. "The government is firm in its position to...

Global pressure on Gaddafi to quit deepens

From Fazle Rashid | 2011-03-01 00:00:00

From Fazle RashidNew York, Feb 28: International pressure on Libyan leader Gaddafi to step down immediately intensified Sunday. The White House, State Department and Pentagon held talks with their European and NATO counterparts about how to proceed against Libya. Ban...

Brokerage firms reel under overhead cost

Asaduzzaman Pallab | 2011-03-01 00:00:00

Asaduzzaman PallabMost brokerage firms are burdened with huge establishment cost amid bearish trend continuing in the last three months in the stock market. Market insiders said as market grew substantially in terms of index and turnover in the last two...

Global pressure on Gaddafi to quit deepens

From Fazle Rashid | 2011-03-01 00:00:00

Diesel smuggling poses threat to Boro production

Syful Islam | 2011-03-01 00:00:00

Syful IslamA large quantity of diesel is being smuggled out to neighbouring India and Myanmar, posing a severe threat to the Boro production that meet up nearly 80 per cent of the country's rice demand. Besides a group of dishonest...

Probe into banks' forex dealings begins

Siddique Islam | 2011-03-01 00:00:00

Siddique Islam The central bank has started special inspections to verify reporting and holding and utilisation of foreign exchange by commercial banks, officials said Monday. The Bangladesh Bank (BB) took the move against the backdrop of allegations that some commercial...