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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...

App developed to connect mobiles via land phones

Jamal Uddin | 2014-03-16 00:00:00

Calls made from a land phone to another land phone will automatically be diverted to a smart phone belonging owner of the latter by an app, developed by a company owned by Bangladesh nationals, if none picks up the phone...

New threat to public health

Khalilur Rahman | 2014-03-16 00:00:00

Adulterated rice is on sale in different markets across the country. This evil practice has added a new dimension to large-scale adulteration of food items -- fish, fruits, meat, vegetables, milk and milk products etc. A private TV channel in...

Labour rights, safety standard below required level

Rezaul Karim | 2014-03-16 00:00:00

The Department of Inspection of Factories and Establishments has found labour rights and safety standard below the required level, official sources said.    Besides, some important compliance issues have not been addressed satisfactorily. The issues are: formation of trade union, insurance...

BD fails to attract investments due to licence issuance hitch

Shamsul Huda | 2014-03-16 00:00:00

Bangladesh has failed to attract fresh foreign and joint venture investments in several commercial service sectors due to the problem of licence issuance. In the last 18 months a good number of willing investors went back as they failed to...

Evaluating various financing alternatives

Shamsul Alam in the second of his three-part article titled \'Trend of external aid flows to Bangladesh and development imperatives\' | 2014-03-16 00:00:00

Slow implementation of project results in slow disbursement of aid which leads to time and cost overrun. It impacts negatively on the balance of payments leading to increased borrowing from domestic sources. Factors creating difficulties in the speedy implementation of...

A greener economy is an absolute necessity

Jahangir Bin Alam in the first of a two-part article titled \'Need for promoting green business in Bangladesh\' | 2014-03-16 00:00:00

There is no denying that in order to make Bangladesh an environment-friendly country, we have to address two of the defining challenges of the twenty-first century: achieving environmental sustainability and turning the vision of decent work for all into a...

Social and linguistic benefits of using facebook

Masum Billah | 2014-03-16 00:00:00

Facebook has been developed as a special tool for social media to stay connected with friends across the world.  The users can communicate with lots of people at one time, can send or post notices about news or activities to...

Discussion on China-BD business dev

FE Online Report | 2014-03-15 00:00:00

The Hongkong and Shanghai Banking Corporation Limited in Bangladesh, with support from Chinese Chamber of Commerce, recently organised a discussion platform on the topic of ‘Bangladesh - China Business Outlook’.  Li Jun, Chinese Ambassador to Bangladesh, Andrew Tilke, Chief Executive...

Govt weighing 7.3pc GDP growth target in FY ‘15

Doulot Akter Mala | 2014-03-15 00:00:00

The government is considering setting the Gross Domestic Product (GDP) growth target at 7.3 per cent for the next fiscal year (FY) amid some possible challenges in respect of investment, resource mobilisation and continuation of political stability. The possible GDP...

Costs of road division projects balloon

Rezaul Karim | 2014-03-15 00:00:00

The communications ministry has demanded an additional allocation of Tk 5.25 billion in the Revised Annual Development Programme (RADP) to help road division development projects continue uninterrupted, official said.   "It is high time to implement road division projects to help...

Only 4,500 pre-paid gas meters set up in 2 years

Ismail Hossain | 2014-03-15 00:00:00

The installation of 600,000 pre-paid meters by the Titas Gas Transmission and Distribution Company Ltd. to prevent misuse of the non-renewable fuel and manipulation of bill has failed to make any substantial progress even in two years. So far, the...

Stocks down for 3rd straight week

Babul Barman | 2014-03-15 00:00:00

The stock market extended losing streak for the third straight week with lower market participation as ongoing volatility and apparent lack of directions kept investors indecisive. "The market observed another declining week marked by lower participation from the investors as...

Developing economies: Feeble silver lining in smog

B K Mukhopadhyay from Kolkata | 2014-03-15 00:00:00

With the passage of time the developing block has been experiencing newer challenges. In fact after the recent financial turmoil - recession is over in many biggies but the impact of recession remains very much alive - the fundamental challenge...

Pattern of foreign aid undergoes transformation

Shamsul Alam | 2014-03-15 00:00:00

One of the early proponents of international power and wealth redistribution ideology was President Julius Nyerere of Tanzania who mentioned: "In one world, as in one state, when I am rich because you are poor, and I am poor because...

Bank accounts for street children

Shaikh Saleque | 2014-03-15 00:00:00

In its latest pro-active move on corporate social responsibility (CSR) of financial institutions, Bangladesh Bank (BB) has instructed the latter to bring the poor and underprivileged section of the children under banking services. The central bank very recently issued instructions...

TB is preventable and curable

Md Sazedul Islam | 2014-03-15 00:00:00

Shohag Sheikh (35), a carpenter by profession of No 1 Jagoti Colony of Kushtia Sadar upazila, had been feeling fever, dyspepsia and cold. Detected by Momtaj Begum, one of the Shastha Sebikas (community health volunteers appointed by BRAC), his sputum...

Our Liberation War of 1971: The bloody canvas

Pamelia Khaled | 2014-03-15 00:00:00

"The more you get hurt the more you incur loss." (Tagore) There were many stories after the 'black night' of 25th March, 1971. Among them, I'm narrating a special one that might seem insignificant in comparison to the others, but...

Observance of Police Week 2014

Masum Billah | 2014-03-15 00:00:00

Police are an integral part of any modern and democratic state. Hence the relation between the police and citizens should be very friendly and mutually benefiting. To make people aware of the roles and responsibilities of police, their different units,...

Britain turns Bangladesh

Nehal Adil | 2014-03-15 00:00:00

Rain, flood, traffic disruption, that was the real scene in England this winter. The aristocratic Prime Minister, popularly known as Lord Cameron for his aristocratic behaviour cancelled his trip to Ramalla and Israel and moved in the flood affected areas...

Time for celebration of life

Nilratan Halder | 2014-03-15 00:00:00

This is the time for trees to shed their leaves, this is also the time for new leaves and sprigs to sprout on them. Most of all, this is the time for flowers to run riot. Leaves coming off their...

BD tourism industry eyes better business

Shah Alam Nur | 2014-03-14 00:00:00

The country's tourism industry is eyeing better business after days of poor sales thanks to the ICC T20 World Cup, which will begin here from March 16, industry players said. Expressing their optimism over the mega competition where 16 cricket...

EC seeks Tk 25.26b to meet poll, project costs

Rezaul Karim | 2014-03-14 00:00:00

The Election Commission (EC) has sought a Tk 25.26 billion to meet the costs of its elections, projects and administration for the Fiscal Years (FYs) 2014-15 and 2015-16, official sources said. The government has fixed a Tk 5.71 billion ceiling...

Inequality and conventional economics

Md Jamal Hossain | 2014-03-14 00:00:00

Nobel laureate economist Amartya Sen's On Economic Inequality is a seminal work that stimulates rigorous studies of inequality.  It is considered one of the most structured and constructive presentations of economic inequality which examines and experiments diverse instruments to explore...

Power tariff hike warrants a review

Shahana Bilkis | 2014-03-14 00:00:00

The Power Development Board (PDB), Dhaka Power Distribution Company (DPDC) and Dhaka Electric Supply Company (Desco) proposed a tariff hike for retail consumers. The distributors have sought to increase prices for the sixth time in two years. Households consuming less...

Need for replacing draft drug policy

Nilratan Halder | 2014-03-14 00:00:00

The country's drug market has been marked by price edginess for at least a couple of years. This has been further aggravated by infiltration of spurious medicines. To make the matter even worse, the draft national drug policy submitted to...

Stocks down amid thin trading

FE Online Report | 2014-03-13 00:00:00

The stock market ended lower for the second running sessions Thursday amid thin participation as ongoing volatility and apparent lack of directions kept investors watchful. The market opened with positive note, but could not sustain, eventually landed into the red....