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FDI drops by 36pc in Bangladesh ET Report The Foreign Direct Investment (FDI) in Bangladesh has declined by 36 per cent and stood at $700 million last year compared to 20.11 per cent decline in South Asian countries and 14 per cent in terms of the least developed ones, according to the World Inve..more..

Constitution amendment 15-member special body formed without BNP ET Report The House Wednesday formed a special committee devoid of representation from the main opposition BNP, to chalk out a constitutional amendment proposal. The 15-member committee, headed by Deputy Leader of the House Syeda Sajeda Chowdhury, consists of onl..more..

New Ctg mayor takes oath ET Report Newly elected Chittagong City Corporation mayor Mohammad Manjur Alam Manju was sworn in on Sunday. The prime minister, Sheikh Hasina, administered the oath to the new CCC mayor at a simple ceremony at the International Conference Centre of the Prime Mini..more..

RMG workers' pay inhuman: PM ET Report Prime minister Sheikh Hasina has said the wages, the owners of the ready-made garment unit pay their workers, were 'insufficient and inhuman'. She made the comment while answering to the questions from the MPs in the parliament on Wednesday. Sheikh Hasi..more..

Rice prices increase ET Report The impact of increased procurement price on coarse rice appears to have reached the city market as cost of the rice went up by Tk 2 to Tk 4 a kilogram in three to four days. Wholesalers across the country said they feared further decline in the supply o..more..

No hasty decision on coal policy ET Report Prime Minister Sheikh Hasina has said that her government would not take any hasty decision regarding coal policy. "We will not take any decision whimsically, we will examine pros and cons of any proposal before implementing it," she said at the National ..more..

Police attack BNP human chains ET Report One person died in Naogaon and more than 100 were injured across the country as the law enforcers charged with truncheons at opposition Bangladesh Nationalist Party activists at places during the party's human chain on Wednesday. The law enforcers also p..more..

Businessmen not happy ET Report Despite some adjustments with the demands from different sectors, the 2010-11 budget could not appease businesspeople-be it a large apparel exporter, or a small bread maker. They say the new budget that was passed in parliament yesterday failed to give t..more..

JS passes budget for FY11 ET Report The Jatiya Sangsad, in the absence of the main opposition BNP, has passed the budget for the fiscal year 2010-11 while the main challenge lies in its implementation, containing inflation and achieving higher GDP growth. The budget, the second by this Awa..more..

Protest, clash, arrest mark BNP strike ET Report The dawn-to-dusk general strike, enforced by the opposition Bangladesh Nationalist Party, was observed on Sunday amid action by ruling party activists and the police on pickets and arrests of a huge number of BNP leaders and activists across the country. ..more..

Cases filed against 60,000 RMG workers ET Report Garment sector witnessed a major setback as violence suspended production at factories at Ashulia in the last week but the RMG units were later reopened. The police have filed a case against 60,000 unidentified readymade garment workers over Tuesday's un..more..

Khaleda warns govt against hurdles ET Report Bangladesh Nationalist Party is going to observe hartal today in the backdrop of lagging development, education, employment and business. Before the hartal, BNP chief Khaleda Zia has warned the government against any obstruction to the countrywide genera..more..

Gazette notification of DAP issued ET Report The government has issued the much expected gazette notification of the Detailed Area Plan (DAP) for the capital Dhaka. The gazette notification was issued under section 73 of Town Improvement Act, 1953 (E. B Act XIII of 1953), encompassing 1,528 kilomet..more..

Banks increase agri lending Monowar hossain The commercial banks put heavy stress on the distribution of agriculture loan for growing crops. As a result, other sub-sectors in the agriculture sector like fisheries, livestock have found place in the back row in the agriculture loan distribution opera..more..

Asian millionaires worth more than Europeans ET Desk Asia-Pacific millionaires are collectively worth more than their European counterparts for the first time, with the rich in China and India leading the way, a study said Wednesday. More millionaires are expected to be minted in a region that has produced..more..

Speedy trial act extended ET Report The ruling Awami League, which once vehemently opposed it when in opposition, extended the duration of the speedy trial tribunal for two more years on Thursday. Home minister Sahara Khatun proposed enactment of the "Law and Order Infringement (speedy tri..more..

Energy crisis cuts growth by 2pc ET Report Electricity and gas crises are severely hampering economic development to the tune of 2 percent loss in GDP growth. They also cause production loss of around $1.33 billion to export-oriented industries every year. The statistics were presented at a semi..more..

Mahmudur kept blindfolded for 10 hours ET Report Mahmudur Rahman, the acting editor of daily Amar Desh, told a Dhaka court Thursday that he was taken to the Rapid Action Battalion headquarters and kept there blindfolded for over ten hours on Wednesday. He was produced at the Chief Metropolitan Magistra..more..

Govt borrowing from banking sector to fuel inflation ET Report The World Bank (WB) on Thursday said achieving the country's growth target as proposed in the budget for 2010-2011 fiscal year would largely depend on 'fortune', enhanced public investment and prudent financial management. Terming the proposed budget an ..more..

CRPL has many loopholes ET Report Consumer Right Protection Law-2009 (CRPL) would not be able to protect the consumers' rights in the country without some amendments, as it has many loopholes, speakers at a discussion said Thursday. The discussants opined that the existing law, which was..more..