Govt fears people outburst : Khaleda
The BNP chairperson, Khaleda Zia, on Wednesday said the government had no success and they feared people's outburst and were trying to stop mobilisation of public opinion against them. 'So they were obstructing rallies of the opposition in all places.'
S
|
Energy sector Businessmen want adequate allocation
Businesspeople from all sectors have taken a united stand to demand that the government fast-track the energy sector with adequate allocation in the upcoming budget.
Entrepreneurs, chamber and trade body leaders, importers, exporters and mill owners from
|
PDB wants power price hike
Bangladesh Power Development Board (BPDB) will submit a proposal to Bangladesh Energy Regulatory Commission (BERC) in a month or two to increase the electricity prices.
"The BERC will decide the extent of rationalising the tariff," Prime Minister's Energ
|
Licences of 5 PSTN firms cancelled
The Bangladesh Telecommunication Regulatory Commission (BTRC) has cancelled the licences of five private telecommunications firms for violation of telecommunications rules.
The companies are: Dhaka Phone, World Tel, Peoples Tel, RanksTel and National Ph
|
PC okays deep seaport project
With a view to constructing the much- awaited Sonadia Deep Seaport in Cox's Bazar, a Taka 15,000 crore project is being included in the next Annual Development Programme (ADP) in the first phase.
"To this end, the proposed project of the Shipping Ministr
|
Call money rate rises
Call money rate increased Thursday following implementation of the new cash reserve requirement (CRR) rules for the commercial banks, treasury officials said.
The call rate ranged between 3.75 per cent and 6.15 per cent on the day against 3.30-4.50 per
|
Wall Street probe widens
The battery of allegations against Wall Street banks extended dramatically Thursday as some of the world's largest financial firms confirmed they faced criminal investigation.
At least nine major banks were said to be under criminal and civil probes over
|
India lifts wheat export ban
Indian has partially lifted a ban on wheat export to facilitate its supply to Bangladesh.
The Indian commerce ministry relaxed the three-year-old prohibition on overseas shipment of wheat to allow export of some 400,000 tonnes to Bangladesh.
India's d
|
The New Sheriffs of Wall Street
A few weeks back, at an event to celebrate the role of women in finance, Treasury Secretary Timothy Geithner tried to get things started with a joke. He said he had recently come across a headline that asked, "What If Women Ran Wall Street?"
"Now that's
|
FBCCI and ACC
The apex trade body, the FBCCI, has demanded that the ACC take clearance from it before instituting cases against any businessman. They made the demand on the ground that they are making significant contribution to the economy.
The task of the ACC is to
|
Big borrower California won't slip like Greece
That's the broadly held view in the $2.8 trillion municipal bond market, which is puzzled by analysts, columnists, cartoonists and bearish investors comparing Greece's fiscal floundering and $1 trillion bailout to hard-pressed states such as California an
|
Inadequate wage growth
For nearly two thirds of the time during the past three decades, when China saw nearly double-digit economic growth, the share of gross domestic product that went into paying wages unfortunately kept falling.
It was already no secret when a trade union
|
Letter To The Editor - Exorbitant house rent
Most of the people in Dhaka city live in rented houses. These people come from the nook and cranny of the country to earn a living.
These people do not have any option but to live in rented houses.
Taking these opportunity most of the bariwalalas/bari
|
Formal remittance channels need to become more efficient
The formal channels, including the banks and post offices, need to improve their efficiency in delivering remittances of the expatriates as the informal channels, like hundi, have proved to be much more efficient, said the International Organisation for M
|
Govt mulls infrastructure fund to attract FDI
The government has decided to create a fund of Tk 1,500 crore in the next fiscal budget for building infrastructures to attract foreign investment as the 'Private Public Partnership' initiative apparently failed to make any headway, officials of the finan
|
Standard Bank okays 20pc stock dividend
Standard Bank Ltd approved 20 per cent stock dividend for the shareholders for the year 2009 at its 11th annual general meeting (AGM) held in the city recently, says a press release.
Chairman of the bank Kazi Akramuddin Ahmed presided over the meeting. V
|
IFIC Bank inks deal with CRAB
IFIC Bank signed an agreement with Credit Rating Agency of Bangladesh on Wednesday.
Under the agreement, CRAB will conduct credit rating on the financials of the bank for the year 2009 as per mandatory requirement, said a news release.
|
2 new credit rating cos in the offing
Two new credit rating agencies are in the offing, as the Securities and Exchange Commission has decided in principle to give 'letter of intent' to them.
These firms are Emerging Credit Rating Limited and National Credit Rating Limited.
The SEC has taken
|
Gold prices soar to record high
Gold prices smashed their way to a new record peak above $1,245 an ounce on Wednesday, with demand propelled by investors seeking shelter from the eurozone debt crisis, analysts said.
The precious metal extended a blistering run, soaring as high as $1,24
|
Emirates posts $964m profit
Emirates Airlines posted $964 million profit-a 416 percent increase from last year's $187 million-amid worldwide market instability and economic uncertainty.
The Emirates Group, the parent company of the airline, posted $1.1 billion net profit as of Marc
|
New British govt must move quickly on debt: trade leaders
British business leaders welcomed the new government under prime minister David Cameron Wednesday, but warned it must put cutting the country's record public debt 'at the top of the agenda'.
Cameron's Conservatives pledged swift action to tackle the debt
|
Intermediaries eat up 60pc of migration costs
Intermediaries eat up 60 percent of the migration costs in Bangladesh, pushing up the total expenses to the highest in South Asia, according to a national survey.
The intermediaries, followed by relatives, emerged as the major agents helping migrants wit
|
Sugar refiners demand policy support
Leaders of Bangladesh Sugar Refiners Association has demanded of the government necessary policy support, including support to address the trade gap, to help the industry survive.
The Association leaders also demanded increasing the import duty gap betwe
|
Dhaka-Bangkok road connectivity to boost trade
President Zillur Rahman urged Thailand to recruit more skilled and semi-skilled Bangladeshi workers along with further boosting the trade volume between the two countries through increasing investment.
The president made the call when newly appointed Tha
|
PM urges Philippines to import from Bangladesh
Prime Minister Sheikh Hasina has urged the Philippines to import world class products including ceramics and pharmaceutical items from Bangladesh.
She made the proposal when outgoing ambassador of the Philippines to Bangladesh Zenaida Tocorda-Rabago pai
|
'Rural development must to alleviate poverty'
Union Information Service Centres (UISC) will be set up in over 1,000 Union Parishad complexes in the country to help rural people get public information and connect with the globe through internet.
State Minister for LGRD and Cooperatives Advocate Jaha
|
Zillur urges Bulgaria to import more local goods
President Zillur Rahman has urged Bulgaria to import more Bangladeshi products and also recruit skilled and semi-skilled manpower from the country with a view to further increasing bilateral cooperation between the two countries.
The president made the c
|
Bashundhara to get 3G telephony system
Bashundhara Group, leading business and industrial conglomerate in the country, will soon enter into the era of third generation telecommunications - the transmission control protocol (TCP) popularly called internet protocol (IP) telephony.
Reputed trans
|
Lawyers demand tax tribunal in Rangpur
Leaders of the Taxes Bar Associations (TBAs) of all eight districts in Rangpur division have demanded setting up of an Income Tax Appellate Tribunal (ITAT) in the divisional city of Rangpur.
They made the demand at a views-exchange meeting organised by
|
New Land Rover car in city soon
Iconic car manufacturer Land Rover is planning to introduce its new celebrated model Discovery 4 in Bangladesh's market, a top company official said Wednesday.
"A wider launch will be held over the coming months," said Tom Hardyment, business Developmen
|
India greenhouse gas emissions jump
India's annual greenhouse gas emissions increased by 58 percent from 1994-2007, driven by higher industrial activity, energy production and transport, government figures showed Tuesday.
"Between 1994 and 2007, some of the sectors indicate significant gro
|
Postal deptt launches mobile money order service
The postal department has introduced mobile money order service through its 104 centres across the country to bring the rural people under the banking network.
The service, capable of delivering money to the recipients in two minutes, would be introduce
|
Govt for establishing knowledge-based economy
Industries Minister Dilip Barua has said the government wants to transform the present economy in to a knowledge-based one through meaningful industrialization all over the country.
"In order to achieve the vision of the present government the need of t
|
ABC My Dream Business Exhibition At AIUB
To unleash the business potentials and creativity, to ignite the fire of entrepreneurship among business students, AIUB Business Club (ABC) introduced a new concept of contest and exhibition titled 'My Dream Business', held on 12th and 13th of April 2010
|
Graduate Orientation Program of East West University Holds
The orientation program of the newly admitted students for Summer 2010 in MBA, EMBA, MBM and MDS programs of East West University was held at the university auditorium on 11 May 2010 at 5:00 p.m. Jalaluddin Ahmed, President, Board of Directors, East West
|
'Road to Enlightenment': Seminar at IUB
The Media and Communication Department of the Independent University, Bangladesh (IUB) organized a seminar titled Road to Enlightenment on the 29 April 2010, at the Baridhara campus. The seminar was arranged under the Development Communication stream cour
|
Future is digital, Future is yours - Prof. Abul L. Haque
North South University (NSU) is the owner of the title of the first private university in Bangladesh and it is the first of all private universities, to have its own permanent campus. The university has set a blazing example before the nation for the firs
|
|
Your Resume Reference Page - 5 FAQs and a Sample Template
It's important to write a strong resume reference page, and to learn how to manage your references with ease. This will ensure that you get what you need from them - their solid and unwavering recommendation for the job you want.
Here are 6 frequently as
|
Dilip favours coal-based power plants
Industries Minister Dilip Barua has emphasised the need for setting up coal-based power plants in the country, as "it is a very effective technology" in the present world.
"The country is yet to take any steps for generating coal- based power though it h
|
Govt urged to control inflation, solve power crisis
Former adviser of the caretaker government and eminent economist Dr Akbar Ali Khan on Tuesday urged the government to take long-term steps in the upcoming budget to control inflation for reducing poverty in the country.
"Inflation is a great problem for
|
Dubai's Nakheel 'very close' to deal with trade creditors
Dubai's troubled real estate giant Nakheel said on Thursday it was "very close" to a deal with its trade creditors to pay 40 percent of their claims and the balance in securities.
"Nakheel has secured agreement on over 50 per cent of total agreed claims
|
Power generation to hit 7,000mw by year-end
Prime Minister Sheikh Hasina has said that the country's total power generation will reach 7,000 megawatt within the current year.
Inaugurating the 55-MW rental power plant at Sohagpur in Ashuganj of the district today, she said that 615MW of electricity
|
|
BP says oil spill costs $450 million
British oil major BP said the oil spill in the Gulf of Mexico had cost it $450 million so far, an increase of $100 million on the figure reported earlier this week.
Analysts forecasts for the clean-up costs and compensation for the spill off the coast of
|
Ford, Mazda aim to break up 3-way China JV: sources
Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.
Ford and Mazda both plan to set up their own separate jo
|
Business leaders for slash in import duty
Business leaders have pressed for slashing of import duty on basic materials, continuation of pre-shipment inspection system, taking steps to stop harassment by the customs, IT related equipment, providing protection to the local industry.
The recommend
|
Business leaders blasts ACC harassment
Country's top business leaders blasted the anti-graft body for its role in harassing leading entrepreneurs and industrialists and opined that in future provisions should be made to stop repetition of such harassment.
They were speaking at the consultativ
|
Water vessel strike loses steam
The movement of water vessels on different routes seemed to have become almost normal though Bangladesh Noujan Sramik Federation did not withdraw its indefinite strike.
Meanwhile, Shipping Minister Shahjahan Khan at a press briefing in Chittagong extend
|
SC stays HC order on Ctg port operation
The chamber judge court of the Supreme Court has issued an order staying for four weeks an order of the High Court which had on April 29 stayed the decision of the CPA on the continuation of the present single point operation system under berth operators
|
100 new buses to run on city streets
Prime minister Sheikh Hasina has directed the authorities concerned to take initiatives to introduce specific BRTC bus services for the city's educational institutions, especially schools, and banks to provide the city dwellers with comfortable and timely
|
Seoul to grant soft loans
South Korea's Ambassador to Bangladesh Taiyoung Cho said that three Memorandums of Understanding (MoUs) on the granting of soft loans and environmental and cultural exchange would be signed between Dhaka and Seoul during Prime Minister Sheikh Hasina's thr
|
Govt to announce new agri-loan policy
The government plans to increase the agriculture loan disbursement target for the next fiscal in a bid to achieve self-sufficiency in food and alleviating poverty through ensuring greater access for farmers to finance, central bank governor Dr Atiur Rahma
|
Senate Wall St reform bill hits credit raters
The Senate approved two amendments to a landmark Wall Street reform bill on Thursday that would shake-up the credit rating agency business, widely maligned for its role in the 2007-2009 financial crisis.
An amendment from Democratic Senator Al Franken wo
|
DFID signs agreement with Robi
Robi, a leading telecommunication service provider and DFID Remittance Payment Challenge Fund (RPCF) signed an agreement in the capital recently to create a consortium of partnerships with banks and non-bank organizations to improve migrant entrepreneursh
|
Ford forecasts sustained, profitable growth
Ford Motor Company has entered a period of sustained, profitable growth after weathering a deep economic downturn and years of painful restructuring, chairman Bill Ford said Thursday.
"In 2009 the hard work and sacrifice by so many at Ford began to show
|
Sony posts $345m profit
Sony Corp swung back to an operating profit of 32 billion yen ($345m) in the fiscal year ended in March, the company said on Monday as it revised a forecast it had made in February.
The electronics giant will announce its full earnings report Thursday.
|
Samsung's new business plan
South Korea's Samsung group Tuesday announced plans to invest 23 trillion won (20.3 billion dollars) by 2020 in new businesses in the environmental and healthcare industries.
The country's largest business group said the five major new areas of investmen
|
.gif)
