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The pond that was never dug or filled up!

Shamsul Huq Zahid | 2014-03-19 00:00:00

People often cite the example of a proverbial pond while explaining the state of affairs with the public sector development projects. Some unscrupulous government officials, it was alleged, had embezzled funds in the name of digging a pond and, later,...

Govt taking steps to implement AL\\\'s election manifesto

Rezaul Karim | 2014-03-19 00:00:00

The government has started putting all out efforts to implement its election manifesto-2014 aiming to achieve socio-economic freedom of the people and overall development of the country, sources said.       The government's long term objective is to take ahead Bangladesh to...

Govt giving student loan for IT outsourcing

Jamal Uddin | 2014-03-19 00:00:00

The government is working closely to ensure the country's strong position in the global outsourcing market by taking multifarious steps to prepare the youth, mainly university students, for outsourcing jobs, said officials. The major initiatives include ensuring Information Technology (IT)...

Pharmaceutical industry is yet to overcome setback

Md. Maskurul Alam | 2014-03-19 00:00:00

The progress of pharmaceutical industries was affected seriously owing to political unrest in the October-December period of last year. As a result, leading pharmaceutical companies incurred heavy losses instead of earning profits. The companies' plans and programmes were completely shattered...

The fallout from upazila elections

M. Serajul Islam | 2014-03-19 00:00:00

The Awami League is behaving like a party that has returned to power with the whole nation standing behind it. If we are to believe in what their leaders are saying, then we should accept that in our lifetime and...

Stocks close lower for fourth session

FE Online Report | 2014-03-18 00:00:00

Stocks ended lower for the fourth running sessions Tuesday with turnover improved slightly as investors remained cautious to make fresh investments.The market opened with a negative note and the downtrend continued till the market closure amid modest see-saw. At the...

Stocks down at opening

FE Online Report | 2014-03-18 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed negative trend in early hours of trading on Tuesday, maintaining the last four session’s downward trend. DSEX, the prime index of the DSE went down by 25.21 points...

300 used cars remain stuck-up at Mongla Port

Doulot Akter Mala | 2014-03-18 00:00:00

Around 300 stuck up reconditioned cars in the Mongla Port following a sudden suspension of issuance of Clearance Permit (CP) by the Ministry of Commerce (MoC) have become a burden of the revenue authority. Importers earlier released those above 5-year-old...

Business expectations and investment

M A Taslim | 2014-03-18 00:00:00

Government leaders often claim that the economy has suffered badly because of the 'sahinsa' (violent) movement carried out by the opposition 18-party combine in the months immediately before the largely voter-less election of 5th January, 2014. Media experts also echo...

No new investment made in knitwear sector in 3 years

Shamsul Huda | 2014-03-18 00:00:00

No fresh investment has been made in the knitwear sector in the last three years though there are opportunities to expand its export market share. Leaders of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said despite the rising demand for...

RMG units need Tk 40b to meet fire safety standards

Syful Islam | 2014-03-18 00:00:00

The country's readymade garment (RMG) factory owners are required to spend at least Tk 40 billion to meet fire safety standards set by various international buyers and their alliances after the deadly Rana Plaza incident, stakeholders say. Fire Service and...

BD business delegation to visit UAE soon

Talha Bin Habib | 2014-03-18 00:00:00

A business delegation of the country's apex trade body will visit the United Arab Emirates (UAE) soon to enhance bilateral trade and investment between the two brotherly countries. Bangladesh has much potential to increase its trade with the UAE. There...

Electricity tariff increase: Impact on residential use

Abul Basher | 2014-03-18 00:00:00

Bangladesh Energy Regulatory Commission (BERC) has officially announced the electricity tariff adjustments on Thursday, March 13, 2014, increasing them by about 7.0 per cent. All media made the headline news on this issue. Both electronic and print media can be...

Syrian civil war: No respite in sight

Zaglul Ahmed Chowdhury | 2014-03-18 00:00:00

The Syrian civil war entered into the fourth year with no sign for settlement of the conflict. The uprising in Syria began on March 11, 2011 as a sequel to the "Arab Spring", sweeping across the Middle East and the...

Loan disbursement among SMEs marks phenomenal rise in 2013

Munima Sultana | 2014-03-18 00:00:00

Disbursement of loans for small and medium enterprises (SMEs) marked a phenomenal rise in all sectors in 2013. Such an increase has been attributed mainly to entrance of new entrepreneurs and ventures following combined efforts of the central bank and...

REHAB Fair begins March 20

FE Online Report | 2014-03-17 00:00:00

A five-day long REHAB Fair begins March 20 at Bangabandhu International Conference Centre in the city. Leaders of Real Estate and Housing Association of Bangladesh (REHAB) in a press conference at the National Press Club on Monday disclosed this.A total...

Chevron Bangladesh & BRAC EPL win ACCA awards

FE Online Report | 2014-03-17 00:00:00

ACCA has confirmed that Chevron Bangladesh has met the quality criteria for the Award of Approved Employer Trainee Development-Platinum and BRAC EPL Investments Limited with Professional Development. This means that  all  finance and accounting employees who are registered as students...

Taskforce to recommend making RAJUK land available for MRT-6

Munima Sultana | 2014-03-17 00:00:00

The taskforce for monitoring fast-track projects has decided to make a recommendation to the effect that the Rajdhani Unnayan Kartripakhha (Rajuk) makes its 40 acres of land available for a metro-rail project considering its importance in mass transportation. The recommendation...

Energy crisis affects investment seriously

Shah Alam Nur | 2014-03-17 00:00:00

Private sector investment in the country has dropped drastically in recent times due to power and gas shortage, people concerned said. They said most investors have been displaying a lukewarm attitude towards making fresh investment. According to the Board of...

Dream to set up a medical research centre shattered

Syful Islam | 2014-03-17 00:00:00

The long cherished dream of a philanthropist to establish an "Integrated Medical Centre for Research and Training" has remained unfulfilled since 1982 though successive governments have expressed interest to help set it up. The establishment of the centre is aimed...

Fast food becoming increasingly popular

Badrul Ahsan | 2014-03-17 00:00:00

Fast food items are increasingly becoming popular in the country with the effect of globalisation along with growth of disposable income, industry insiders said. Many people, specifically the younger generation are consuming various fast food items everyday as these are...

Need for effective use of aid

Shamsul Alam concluding his three-part article titled \'Trend of external aid flows to Bangladesh and development imperatives\' | 2014-03-17 00:00:00

Aid is an important instrument to catalyse development, but only if it is managed in an effective manner. Significant efforts to enhance the effectiveness of development assistance have been made over the last ten years through three High-Level Forums on...

Bangladesh on world map of innovation

Neil Ray | 2014-03-17 00:00:00

Bangladesh is not particularly known for making breakthroughs in areas of science, technology and medicine. Satyendra Nath Bose, who developed way back in the 1920's with Einstein Bose-Einstein statistics, theorising the characteristics of elementary particles and after whom one of...

Looking beyond the law

Shamsul Huq Zahid | 2014-03-17 00:00:00

It took a decade or more to get the law called the Consumers Rights Protection Act passed in the year 2009. Successive governments had spent time, deliberately or otherwise, in drafting and redrafting the act again and again. The government...

Need for adaptation in promoting green business

Jahangir Bin Alam concluding his two-part article titled \'Need for promoting green business in Bangladesh\' | 2014-03-17 00:00:00

The challenges to creating decent work and increasing social inclusion in environmentally sustainable development can be grouped in three areas: (1) economic restructuring; (2) climate change and its threat to jobs and livelihoods and (3) adverse income distribution effects originating...

Two sections of Demutualisation Act, 2013 challenged

Mohammad Mufazzal | 2014-03-17 00:00:00

The High Court (HC) has issued a rule as to why two sections of the Exchanges Demutualisation Act, 2013 shall not be declared illegal, officials said. The court has issued the rule following a writ petition filed by a member...

DSE turnover dips below Tk 3b-mark

FE Online Report | 2014-03-16 00:00:00

Stocks ended lower for the third running sessions Sunday with turnover on the prime bourse dipped below Tk 3.0 billion-mark once again as investors remained reluctant to make fresh investments. The market opened with a negative note and the downtrend...

Stocks down at opening

FE Online Report | 2014-03-16 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed negative trend in early hours of trading Sunday, the opening day of the week amid modest see-saw. DSEX, the prime index of the DSE, went down by 10.63...

Ukraine crisis centring Crimea heading for severe complications

Zaglul Ahmed Chowdhury | 2014-03-16 00:00:00

 The last-ditch efforts by the United States and Russia for easing tensions surrounding the situation in Crimea, particularly the referendum there on March 16, have failed. This makes it amply clear that the larger "Ukraine" tangle is inexorably moving towards...

NBR sets target to net in 0.2m taxpayers by Dec

Doulot Akter Mala | 2014-03-16 00:00:00

The National Board of Revenue (NBR) has set a target to net in around 200,000 or 0.2 million new taxpayers by December this year by conducting an external survey across the country. The board was casting the tax net wider...