The Qur'anic Treasures hidden in the Surah Faatihah
In the name of Allah, the Most Beneficent, the Most Merciful
Praise be to Allah, Lord of the Worlds,(1:1)
The Beneficent, the Merciful.(1:2)
Owner of the Day of Judgement.(1:3)
Thee (alone) we worship; Thee (alone) we ask for help. (1:4)
Show us the straight path,(1:5)
The path of those whom Thou hast favoured; (1:6)
Not (the path) of those who earn Thine anger nor of those who go astray. (1:7)
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Economics Study Center, the official student chapter of the Department of Economics, University of Dhaka recently hosted an intergenerational dialogue on ‘State of the Economy-Youth Perspective’ in collaboration with OGGRO, a leading youth NGO. The program took place at the R C Majumdar Arts Auditorium at the University of Dhaka. The dialogue was part of…
When an unabated inflationary pressure continues to encumber the economy of a country like Bangladesh and accusing fingers are pointed at market volatility for much of its bane, there is an easy temptation to suggest empowerment of an organisation like the Trading Corporation of Bangladesh (TCB) for it to intervene. Some would even go so…
The government signed a loan agreement of around US$1.03 billion (95,683 million Japanese Yen) with Japan for four projects, including construction of Kanchpur, Meghna and Meghna-Gumti bridges for vehicular movements. Secretary for Economic Relations Division Abul Kalam Azad and JICA Chief Representative to Dhaka Dr Takao Toda signed the deal at NEC-2 here today. Finance…
Prime Minister Sheikh Hasina said Wednesday Bangladesh will construct the much-talked-about Padma Bridge with its own fund, if necessary, reports UNB. “We’ll go for it with our own fund, if needed,” she informed parliament amid table thumping by MPs. Hasina said she already had a meeting with the Bangladesh Bank governor, the Economic Relations Division…
FBCCI President AK Azad on Saturday voiced concern over the ‘political instability and volatile economic condition’, and said the country is unlikely to be able to achieve the export target fixed for the outgoing fiscal year. Identifying political instability and current volatile economic conditions as two major barriers to progress, he said they could not…
Refugees from violence in Myanmar are reportedly being prevented from crossing the border into Bangladesh, according to a leading medical charity. Médecins Sans Frontières – or Doctors Without Borders – said in a statement on its website that it was also “extremely concerned” that victims of recent clashes in Rakhine state are not receiving treatment.…
Prof Muhammad Yunus, founder of Bangladesh’s Nobel-winning microcredit organisation — Grameen Bank (GB) — yesterday urged stakeholders and government of the country not to take any step to change the legal structure of the GB. In an open letter to the borrower owners of Grameen Bank, Yunus, who along with the Grameen Bank won the…
Bangladesh’s foreign currency reserves rose to $10.19 billion in April after the International Monetary Fund (IMF) handed over the first instalment of its loan to the country. The Washington-based multilateral lender last month had approved a $987 million loan to Bangladesh for a three-year period. In last week of April, it disbursed $141 million. Bangladesh’s…
Bangladesh’s energy ministry has approved allocation of Taka 11 billion ($135 million) from the gas development fund for various development and exploration projects, a senior official said Tuesday. This the first time the ministry will be accessing the fund since it was set up following an order from the country’s energy regulator in August 2009.…
Finance minister Abul Maal Abdul Muhith on Monday said the construction work of the country’s biggest-ever infrastructure project Padma bridge will begin from this October. His remarks came at a pre-budget meeting with the representatives of the parliamentary standing committee on finance ministry at the National Economic Council’s conference room in the capital. He, however,…
Turkish PM Erdogan said that they planned to increase Turkey’s trade volume with Bangladesh to 3 billion USD by the year 2015. Turkish Premier Recep Tayyip Erdogan on Thursday said that they planned to increase Turkey’s trade volume with Bangladesh to 3 billion USD by the year 2015. Speaking at a joint press conference with…
The International Monetary Fund approved a $987 million loan to Bangladesh today after rising oil imports depleted the country’s currency reserves. Bangladesh will immediately receive $141 million under the three-year arrangement, the IMF said in an e-mailed statement. Conditions for the loan include a “restrained” monetary policy, a reduction of trade barriers and “moderate” fiscal…
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