‘Shadow budget indicates conspiracy’
June 28, 2010
Senior Awami League MP Suranjit Sengupta Sunday alleged in parliament that Khaleda Zia’s presentation of the shadow budget in a five-star hotel indicates another military-backed unconstitutional government.
He made the statement while delivering his speech on the proposed national budget in parliament.
Donors’ accountability stressed
May 10, 2010
Mutual accountability of the government and donors was the bone of contention at a discussion on Sunday.
Speakers deliberated upon this aspect of the Joint Cooperation Strategy (JCS), which was agreed upon at a policy-making two-day meeting between the government and development partners in February this year.
The Bangladesh Development Forum had decided that this cooperation strategy would coordinate development initiatives.
Govt sets Tk 193.95b aid target for next budget
April 22, 2010
The government has set a Tk 193.95 billion foreign aid target for the upcoming national budget aimed at executing different development works, especially increased investment in the power and energy sectors, officials said Wednesday.
Finance ministry officials said the expected foreign resource is Tk 18.65 billion higher than Tk 175.30 billion total aid targets in the current financial year’s budget.
Govt to offer spl incentives for diversifying export items
November 18, 2009
The government will provide special incentives to exporters for diversifying their exportable products and exploring new markets abroad, Bangladesh Bank Governor Atiur Rahman said Tuesday.
“We’ll give additional incentive to the exporters for diversifying their exports and exploring new destinations for exports,” the central bank chief said at a seminar on ‘Global Financial Meltdown and International Trade Finance’ at the auditorium of the Bangladesh Institute of Bank Management (BIBM).
High demand for savings tools leads to idle money build-up
November 11, 2009
A government report suggested rationalisation of the rates of return of saving instruments as the high cost borrowing tool has caused huge stock piling of idle money for the government.
Bhutan hails PM’s proposal for cross border road link
November 8, 2009
Prime Minister of Bhutan Jigme Y Thinley welcomed Bangladesh premier Sheikh Hasina’s suggestion for introducing bilateral road communications between the two neighbouring countries as Dhaka and Thimphu moved to enhance the two-way trade under a renewed deal.
DSE bullish run takes a pause
November 4, 2009
Dhaka stocks slid slightly on profit taking Tuesday, snapping the third straight day of record-breaking rally.
The market was in the positive territory before starting to decline from third hour of the trade as the investors booked profit on banks, non-banking financial institutions (NBFIs) and Beximco Group subsidiaries.
How business-friendly approach pays off
November 3, 2009
Yahoo’s recent acquisition of Maktoob, the leading Arabic online portal for the Middle East and North Africa region, for more than $150m, has left some people puzzled. Why is the largest regional internet company based in Jordan, a country that accounts for only roughly 1.0 per cent of the Mena region’s gross domestic product (GDP) and 2.0 per cent of its population?
Govt to help pvt sector explore Japanese market: Faruk
November 2, 2009
Commerce Minister M Faruk Khan Sunday said exports to Japan will reach $2 billion in the coming years from the current projection of $233 million, as vast potentials of the Tokyo market still remains untapped.
“The prospect of ready-made garment (RMG) export to Japan is very bright, as the local manu
facturers have attained international standards,” he said at a dialogue on ‘In search of new market, new product: Bangladesh’s apparel in Japan.
Knitwear expo begins tomorrow
November 1, 2009
The Fifth Bangladesh Knitwear Exhibition-09 begins tomorrow (Monday) in the city. Prime Minister Sheikh Hasina is expected to inaugurate the show organised by Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA). Finance Minister AMA Muhith, Labour and Employment Minister Khondaker Musharraf Hossain, Commerce Minister Faruk Khan will also attend the inaugural function as special guests. There will be 68 stalls including two foreign pavilions in the three-day fair.
Source: thefinancialexpress-bd.com