FE Today Logo

Search results for: l


Recouping turmoil losses

Md. Maskurul Alam | 2014-02-04 00:00:00

According to an estimate, Bangladesh has suffered more than Tk 490 billion loss owing to the political turmoil in the last few months. The turmoil not only hit our economy hard but also snuffed out the golden dream of businessmen...

The meteoric rise of foreign exchange reserve

Syed Ashraf Ali | 2014-02-04 00:00:00

To everyone's surprise, both exports and imports of Bangladesh in December rose significantly in the backdrop of political stand-off punctuated with roadblocks, murders, arsons and work stoppages that put the economy on a limbo for most of 2013. A month...

400 new factories cry out for gas

Shah Alam Nur | 2014-02-04 00:00:00

Country's 400 industrial units with an investment worth Tk 200 billion could not go for production due to a lack of gas connections for the last four years. Investors said the potential industrial units, which are bulk gas users, already...

DSEX crosses 4,800-point mark

FE Online Report | 2014-02-03 00:00:00

Stocks extended the gaining streak for fourth running sessions Monday with turnover crossing Tk 8.0 billion-mark once again, powered by investors buying spree. The market opened with a positive note and the upward trend continued till the market closure, eventually...

ADB happy over capital market development, to release $150m

Syful Islam | 2014-02-03 00:00:00

The Asian Development Bank (ADB) has expressed its satisfaction over the progress made so far in capital market development and agreed to release US$150 million fund further for the same, sources said. The fund is the second tranche of the...

EPZ plants allowed to get bank loans from abroad

Jasim Uddin Haroon and Rezaul Karim | 2014-02-03 00:00:00

The government has finally approved off-shore banking facilities allowing industrial units operating in the eight export processing zones to receive external credits. The Prime Minister's Office (PMO) has already instructed the authorities concerned to allow such type of loan facilities...

Bangladesh retain Test status but face embarrassment

M. Serajul Islam | 2014-02-03 00:00:00

For Bangladesh's Test cricket, January 30 was a day of unbelievable contrasts. It was the day when the arrogant move of India, Australia and England (IAE) to rob the country of its Test-playing status failed in the ICC  (International Cricket...

Political stability key to improving investment climate

Md. Joynal Abdin | 2014-02-03 00:00:00

Bangladesh is a country with enormous potential to grow faster than any other least developed countries (LDCs) of the world. Its strategic geographic location has made it an attractive destination for the ancient merchants as well as the modern multinationals....

Revisiting the days at alma mater

Neil Ray | 2014-02-03 00:00:00

A yearly alumni reunion is an occasion for renewal of camaraderie for all learners -fresh or former - with an alma mater serving as their common fountainhead. Even teachers at the institution or department concerned are likely to be products...

Why is this inhuman attitude?

Shamsul Huq Zahid | 2014-02-03 00:00:00

The government reportedly has decided not to extend any help to the illegal Bangladesh workers, who have been rounded up by the Malaysian authorities recently with illegal migrant workers from other countries recently. The Bangladesh mission in Kuala Lumpur would...

Monetary Policy Statement H2FY14: An evaluation

Abul Basher | 2014-02-03 00:00:00

The last two sentences of the monetary policy statement (MPS H2FY14) announced on January 27 for the second half of the fiscal year 2013-14 are probably the most important points to note. The sentences are: "The outcomes of the monetary...

India to grow 5.4 per cent in fiscal year 2014/2015

Sumanta Dey of Reuters from Bangalore | 2014-02-03 00:00:00

Emerging Asian economies will contribute less to global growth in 2014 than earlier expected even as their major trading partners in the West show signs of recovery, a Reuters poll showed last week. From China to India, Indonesia, Taiwan and...

Emerging markets selloff picks up, drags down Europe, US

David Gaffen and Francesco Canepa of Reuters from New York/London | 2014-02-03 00:00:00

A full-scale flight from emerging market assets accelerated recently, setting global shares on course for their worst week this year and driving investors to safe-haven assets including US Treasuries, the yen and gold. US stocks slumped, putting the benchmark S&P...

Corporate cash may not all flow back with recovery

Mike Dolan of Reuters from London | 2014-02-03 00:00:00

When the corporate cash dam bursts, everything will be ok, right? Well, maybe. Investors betting that the past year of more than 20 per cent gains in western stock markets can be echoed, or at least sustained, through 2014 have...

Stocks close higher amid lower turnover

FE Online Report | 2014-02-02 00:00:00

Stocks ended higher for the third consecutive sessions amid modest volatility Sunday with declining turnover as investors remained on buying spree.The market opened with a positive note and the key index of the Dhaka Stock Exchange (DSE) rose 46 points...

Positive trend at both bourses

FE Online Report | 2014-02-02 00:00:00

Share price at the country’s both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Sunday, the first trading day of the week. The DSE benchmark index, DSEX...

No headway amid emergence of some positive omens

Zaglul Ahmed Chowdhury | 2014-02-02 00:00:00

The much-awaited peace talks on the complex Syrian tangle ended in Geneva without making any headway. But what has emerged as a positive development from the discussions is the need for continuing the parleys. Both the government and rebel sides...

Agri products to be imported from India

Rezaul Karim | 2014-02-02 00:00:00

The government has taken steps to promptly import key essential items from India under a government to government (G2G) arrangement to help ease their prices in the local market, official sources said. Trading Corporation of Bangladesh (TCB) is going to...

SOS from Zinda Park

Khalilur Rahman | 2014-02-02 00:00:00

Civil society members have once again voiced concern over the existence of Zinda Park in Narayanganj. Last week noted Jurist Barrister Amirul Islam visited the park and was deeply impressed to see the wonderful work of the local people who...

Steps needed for promoting education in remote areas

Md Sazedul Islam | 2014-02-02 00:00:00

Many children in inaccessible Sulla upazila of Sunamganj district have been deprived of receiving education mainly due to lack of awareness of their parents. The parents, who are mostly illiterate and poor, remain indifferent to education of their children. Though...

Plight of school children on the streets

Shaikh Saleque | 2014-02-02 00:00:00

News stories on the aforementioned subject that appeared in the media recently generated bitter criticism at home. Children were taken to the streets to greet the newly appointed ministers on their maiden visit to their constituencies. Forcing the children out...

Monetary Policy Statement: Is it growth supportive?

Shamsul Alam | 2014-02-02 00:00:00

The Bangladesh Bank (BB) announced on January 27 the Monetary Policy for January-June, 2014 period. Taking recent economic and financial sector developments into account the Monetary Policy stance in H2 FY14 (half two of FY 14) emphasises much on controlling...

ICAB organises training for NGO-MFI officials

FE Online Report | 2014-02-01 00:00:00

The Institute of Chartered Accountants of Bangladesh organized a two-day training on 'Financial Management' for the officials of Non Government Organizations (NGOs) and Micro finance Institutions(MFIs).The first phase of the aforesaid training programme began Saturday at the training room of...

Requests for early steps before arrival of competitors

Syful Islam | 2014-02-01 00:00:00

Bangladesh is moving forward to strengthen further the trade and economic ties with India, targeting the latter's north-eastern (NE) states' market, sources said. With this end in view, Bangladesh High Commissioner in New Delhi Tariq A Karim has requested Commerce...

Drug admn sounds alarm on entry of banned drugs

Doulot Akter Mala | 2014-02-01 00:00:00

Increased entry of banned drugs and medical devices into the country through false declaration and without approval of the drug administration (DA) has raised grave concern among the authorities concerned. The DA in a recent letter to the revenue board...

Experience of lead arranger of a syndication deal

Syed Sultan Uddin | 2014-02-01 00:00:00

A special assignment of becoming the lead arranger of a large syndication deal has been offered to a dealing officer of a commercial bank. It was the first-time role of a lead arranger for that bank. The project was fourth...

Micro-credit and its impact on women empowerment

Md Mahbub Alam Prodip | 2014-02-01 00:00:00

The micro-credit system of Grameen Bank is considered as a unique tool to empower women through poverty reduction providing a small amount of loan to extreme poor and uneducated women in Bangladesh. The unique feature is that the loan is...

Enhancing safety of non-motorised vehicles

Md Shamsul Arefin | 2014-02-01 00:00:00

The road safety standard of Bangladesh is very poor; which needs to be amended, as far as possible. Accordingly, the appropriate strategy for prevention of the most prevalent types of accidents should be a priority. The non-motorised vehicles constitute vulnerable...

Several causes behind ‘Doel’ laptop’s failure to click

Shamsul Huda | 2014-02-01 00:00:00

Several causes are behind the failure of the locally-assembled 'Doel' laptop to click in the market though it is maintaining quality, concerned officials said. Lack of professional marketing people, ineffective strategies to compete with other brands and insufficient funds have...

DITF deviates from objectives of attracting FDI, export promotion

Badrul Ahsan | 2014-02-01 00:00:00

The annual Dhaka International Trade Fair (DITF) has turned into a venue of transacting products locally deviating from its core objectives of promoting country's exports and investment, participants said. Although the month-long trade carnival first started in 1996 with a...