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Volatile politics blocks investment, recruitment in private sector

Shah Alam Nur | 2014-01-24 00:00:00

Recruitment in the country's private sector has almost grounded to a halt over the last 12 months due mainly to the absence of moves for fresh investment and reinvestment by the employers, sector insiders said. According to them, the recent...

BD turns down Indian proposal

Rezaul Karim | 2014-01-24 00:00:00

The government has turned down a proposal to set up four border haats along Rangamati and Mizoram, officials said, Thursday. The proposal was made by India. "The small number of inhabitants in Rangamati and Mizoram does not justify creation of...

Safety measures absent at construction sites

Shamsul Huda | 2014-01-24 00:00:00

Construction works at different areas of the city are being done violating building codes; nor are safety rules being followed, putting many people at great risk, experts said. The FE correspondent while visiting sites in Jatrabari, Magbazar, Shantinagar, Mouchak, Satrasta,...

Upazila parishad polls may bring politics back on track

Nilratan Halder | 2014-01-24 00:00:00

With the announcement of election schedule for 102 upazila parishads (sub-district councils) of the country on February 19, the country's politics certainly enters a new phase. Subsequently elections will be held to the rest of the upazilas - sub-district level...

The Egyptian military tightens its grip

Zaglul Ahmed Chowdhury | 2014-01-24 00:00:00

The much-hyped referendum in Egypt held by the army-backed government will definitely help the military tighten its grip in the running of a country where the only democratically elected president had a very short span of rule. The referendum is...

DSEX crosses 4,700-point mark

FE Online Report | 2014-01-23 00:00:00

Stocks witnessed sharp rise on the bourses for third running session with the key index of the prime bourse crossed 4,700-point psychological level as investors continued to take position amid optimism. The prime index of the Dhaka Stock Exchange (DSE)...

Stocks maintain rally

FE Online Report | 2014-01-23 00:00:00

The prices of most of the stocks on both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-- witnessed upward trend in early hours of trading Thursday, maintaining the previous session’s positive trend. After first 30 minutes of...

More land for Padma Bridge to be acquired

Munima Sultana | 2014-01-23 00:00:00

The government is required to acquire more land for the Padma Bridge Project than the approved land resettlement plan for the protection and maintenance of the country's most expensive bridge. Officials said the new land is required to set up...

Last-minute preparation afoot for Amar Ekushey Book Fair

Khairul Islam | 2014-01-23 00:00:00

Publishing houses and the Bangla Academy authorities have been taking their last-minute preparation ahead of the Amar Ekushey Book Fair to welcome thousands of book lovers on the academy premises. Prime Minister Sheikh Hasina is expected to formally inaugurate the...

CCI&E attains 65.5pc of revenue target in first 6 months of FY `14

Rezaul Karim | 2014-01-23 00:00:00

Revenue earnings by the office of the Chief Controller of Imports & Exports (CCI&E) under the Ministry of Commerce attained 65.5 per cent of its target in the first six months of the current fiscal year (FY), official sources said.  ...

Mawa Ferry Ghat relocation to cost Tk 1.56 billion

Mohammad Mufazzal | 2014-01-23 00:00:00

The Bangladesh Inland Water Transport Authority (BIWTA) has estimated a cost of Tk 1.56 billion to complete the relocation of the Mawa Ferry Ghat to facilitate construction of the Padma Bridge, officials said. The BIWTA last week submitted its project...

The beauty of democracy

F R Chowdhury from London | 2014-01-23 00:00:00

This scribe has been living in the United Kingdom (UK) since 1991. But keeping in touch with every development in Bangladesh is not difficult. The UK is a constitutional monarchy which means that the unwritten constitution of the country has...

On women labour

Abdul Bayes | 2014-01-23 00:00:00

The low level of participation of women in the labour market and their segregation to homework may be due to discrimination in the labour market. Labour market discrimination occurs when two workers with similar characteristics are paid differently for the...

US apparel market and Bangladesh scenario

Liton Chandro Sarkar | 2014-01-23 00:00:00

At present out of all the businesses running in the country, the readymade garment (RMG) sector has taken the lead in posting the maximum foreign currency earnings and employing a large number of people in the sector. The RMG sector...

DSE turnover crosses Tk 8.0b-mark

FE Online Report | 2014-01-22 00:00:00

Turnover on the Dhaka Stock Exchange (DSE) crossed Tk 8.0 billion-mark Wednesday, also two-month high level, powered by investors' buying spree amid positive expectation in coming days. Along with high turnover, the prime index of the Dhaka Stock Exchange (DSE)...

Stocks see sharp rise at opening

FE Online Report | 2014-01-22 00:00:00

The prices of most of the stocks on both bourses --- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- witnessed sharp rise in early hours of trading Wednesday, maintaining the previous session’s upward trend. After first 30 minutes of...

ADP gets political project overloads

Shamsul Huq Zahid | 2014-01-22 00:00:00

The problems that the Planning Commission usually faces in the second half of every financial year have surfaced, again, this year, perhaps in a more intensified form. The Commission would soon have to trim the annual development programme (ADP) and...

NBR to propose nearly 10pc cut in revenue target

Doulot Akter Mala | 2014-01-22 00:00:00

The National Board of Revenue (NBR) is set to propose a downward revision of the aggregate revenue collection target to Tk 1.20 trillion for the current fiscal year (FY) as some major economic indicators showing a negative trend. Expenditures of...

Investment proposals decline in 2013

Badrul Ahsan | 2014-01-22 00:00:00

The number of investment proposals registered with the Board of Investment (BoI) marked a sharp decline in the last calendar year (2013). The fall was attributed mainly to unfavourable business environment in the country, circles concerned said. The number of...

Cheaper Tablet getting popular

Jamal Uddin | 2014-01-22 00:00:00

Low-cost mobile computer, popularly known as 'Tablet,' is getting popularity in the country like other countries of the world for its flexible nature to browse internet. The device that is smaller than laptop and bigger than smart phone has huge...

Homemaker versus housewife: It\\\'s still a man\\\'s world

Maswood Alam Khan | 2014-01-22 00:00:00

A lady in her mid-sixties started the conversation with me while we both were waiting at JFK airport in New York. We were to catch a plane for Baltimore. She was a repeat complainer type. At least three times she...

Rules, discretion and autonomy of central bank

Rafiqul Islam | 2014-01-22 00:00:00

There has been a long-drawn debate over whether the monetary policy decisions should be governed by rules or discretion. However, neither pure discretion nor adherence to an intermediate monetary target has proved satisfactory. Instead, several countries are moving toward a...

Stocks return to green

FE Online Report | 2014-01-21 00:00:00

Stocks returned to the green Tuesday, a day after marginal correction with turnover crossing Tk 7.0 billion-mark once again as investors took fresh position.The prime index of the Dhaka Stock Exchange (DSE) - DSEX went up by 34.14 points or...

Stocks see opening trend positive

FE Online Report | 2014-01-21 00:00:00

The prices of most of the stocks on the Dhaka Stock Exchange (DSE) witnessed positive trend amid slight see-saw in early hours of trading Tuesday after previous session’s marginal correction. The prime index of the DSE - DSEX-- went up...

BPC seeks Tk 17.58b from govt urgently

Rezaul Karim | 2014-01-21 00:00:00

The state-run Bangladesh Petroleum Corporation (BPC) has sought an immediate allocation of Tk 17.58 billion as subsidy from the government to keep its fuel import and supply uninterrupted, officials said. The BPC chairman Thursday sent a letter, seeking the fund...

Foreigners start investing in bond market

Siddique Islam | 2014-01-21 00:00:00

Foreigners have started investing in the country's treasury bond market after withdrawal of the one-year lock-in period for them on the government approved securities, officials said. Foreigners, particularly institutions, have invested around Tk 9.0 billion in Bangladesh Government Treasury Bonds...

Over 1.0m driving vehicles without licence

Badrul Ahsan | 2014-01-21 00:00:00

More than one million people are driving vehicles on the country's roads without valid licences creating serious threat to the lives, property and causing a large amount of revenue loss to the government, data showed. Also worrying is that the...

91pc govt fund spent for infrastructural purpose, study reveals

Khairul Islam | 2014-01-21 00:00:00

Some 91 per cent of the government fund allotted for development projects under the education sector has been spent for infrastructural purpose while the research-related grant is very small in amount, a recent study revealed. The study jointly conducted by...

Challenges facing the banking sector

Khaled Mahmud Raihan | 2014-01-21 00:00:00

Banking sector in Bangladesh has come across a turbulent year facing many odds and pitfalls in the macroeconomic fundamentals. The major challenges faced by the banking industry were low credit growth, increasing trend of non-performing loans resulting to higher provisioning...

Protecting Rohingyas in Myanmar

Zaglul Ahmed Chowdhury | 2014-01-21 00:00:00

Fresh violence against Rohingyas shows that there has been no let-up in the plight of the minority Muslim community in Myanmar. In our south and south-east Asian region, incidents of violence against the religious minorities appear to have become a...