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IPO Diary

2015-03-16 00:00:00

Tea output drops by 1.5m kg in 2014

Yasir Wardad | 2015-03-16 00:00:00

After hitting an all time high production in 2013 calendar year, the country’s tea production declined nearly by 1.5 million kilogramme (kg) last year (2014), officials said. Sector insiders predicted that tea import may surge following the lower output coupled...

Air Seychelles\\\' profit up

2015-03-16 00:00:00

Air Seychelles, the national carrier of the Republic of Seychelles, has announced its third consecutive year of profitability after recording a net profit of $3.2 million in 2014, says a press release in Dhaka. The result exceeds last year's profit...

Cheaper imports make turf uneven for rubber growers

Pankaj Dastider | 2015-03-16 00:00:00

CHITTAGONG, Mar 14: Rubber growers are in an extremely difficult situation as a large quantity of finished rubber is lying unsold in the gardens in Chittagong and in the Hill Tracts due to discrepancy in taxes on local production and...

Call to enhance fish cultivation for alleviating poverty

2015-03-16 00:00:00

RANGPUR, Mar 15 (BSS): Speakers at a ceremony here today stressed the need for bringing all of the abandoned and barren water bodies under enhanced fish cultivation to alleviate poverty as well as achieve economic self-reliance by the poor. Sadar...

Shipping

2015-03-16 00:00:00

Global demand drives home textile investment

Monira Munni | 2015-03-16 00:00:00

A growing global demand for local home textile products lures entrepreneurs into making more investments in the sector despite challenges like European Union's GSP facility to Pakistan and current political turmoil, industry insiders said. A good number of home textile...

Activating NTM desks in S Asia for more trade

Asjadul Kibria | 2015-03-15 00:00:00

The problems of non-tariff barriers (NTBs) and non-tariff measures (NTMs) in trading within South Asia are not new. Thus the effort to address the problems needs to be a continuous process as a part of smooth trade facilitation across the...

Growing potato in the season of blockade-hartal

Shihab Sarkar | 2015-03-15 00:00:00

There are occasions when grand prospects or big achievements end up in great disappointments. This is what happened to our potato growers this year. Despite a bumper yield, most of the regions that have cultivated the crop are now in...

Uneven disbursement of bank loans

2015-03-15 00:00:00

Dhaka division where the country's administrative capital is located, naturally, gets precedence over other places as far as allocation of resources by the government is concerned. Chittagong division, which accommodates the business capital, comes next. These two important cities and...

Ramphal power plant: Ensuring safety of Sunderbans

Shahiduzzaman Khan | 2015-03-15 00:00:00

The government has decided to further assess environmental impact of the proposed 1320 megawatt (MW) coal-fired power plant at Ramphal in Bagerhat district close to the Sunderbans. The World Heritage Centre, based in Paris and local environmentalists have expressed grave...

Empowering women entrepreneurs economically

Saleh Akram | 2015-03-15 00:00:00

For some time now, Banks and financial institutions of Bangladesh have been providing financial support to women entrepreneurs in small and medium enterprises (SME). The amount of loans given last year was higher than that of a year before. However,...

Transmitting electricity without wires

2015-03-15 00:00:00

What an international news agency reported from Tokyo could well be the news of the century. The electrifying news item was about transmission of electric power without wires, using 'microwave' technology. This is an epic breakthrough in the gamut of...

Tigers have stunned the cricket world

2015-03-15 00:00:00

The Bangladesh cricket team have been performing consistently in the present World Cup and improving with each game. This is indeed heartening. Everybody in the country was proud to see the spirited performance of the Tigers against New Zealand although...

Removing wastes from hospitals and clinics

2015-03-15 00:00:00

Hospitals are meant for treatment of diseases and people go there for cure of various ailments. Whether they get cured and go back home happily is another story. But getting affected by a fatal disease originating from hospital wastes is...

Mutual fund business: Prioritising customer\\\'s interest

Kazi Ahsan Maruf | 2015-03-15 00:00:00

"You can buy some mutual funds below the price of one stick of cigarette", said an investor. He also added he had bought one mutual fund at Tk 10.00 and half of his capital is lost. Nowadays investors feel fear...

Women economic empowerment: Gender and local economic development

Fahmida Akter | 2015-03-15 00:00:00

A high-level event on 'Gender and Local Economic Development: Unlocking Domestic Capital for Women's Economic Empowerment & Entrepreneurship' was held at the United Nations Headquarters in New York on March 11. It was organised by UNCDF, UN Women and UNDP....

Eighty years of Ahsania Mission

Muhammad Abdul Mazid | 2015-03-15 00:00:00

Ahsania Mission was founded by Khan Bahadur Ahsanullah (1873-1965), an eminent educationist, reformer and Sufi, on March 15, 1935 in his own village Nalta under the district of Satkhira. One of the oldest and pioneering socio-spiritual and service-oriented    non-government development...

Tigers want to build on \\\'remarkable\\\' WC

2015-03-15 00:00:00

AUCKLAND, Mar 14 (AFP): Bangladesh express the hope their "remarkable" progress into the World Cup quarter-finals will help the passionate cricketing nation build for the future and compete on a regular basis with stronger rivals. Ranked number nine in the...

Squash training camp ends

2015-03-15 00:00:00

An eight-day Squash training-cum tournament, arranged by the Squash Federation at the Army Squash Complex in the capital, concluded Saturday, reports UNB. At the training camp, two players-Muhammad Saiful of Navy Club and Rakin of Uttara Club-were selected for the...

Sajib Ali emerges men\\\'s champion

2015-03-15 00:00:00

Mohammad Sajib Ali of Bangladesh emerged men's champion in the Runner Group 30th Bangladesh Amateur Golf Championship- 2015 with style playing 18 under par (70+69+65+66) 270 after the 4th and last round match at the Kurmitola Golf Club in the...

Preparatory School beat Arjot Atorjan

2015-03-15 00:00:00

Municipal Preparatory School beat Arjot Atorjan High School 3-1 in a match of the First Security Islami Bank Ltd National School Hockey Tournament at the Moulana Bhasani National Hockey Stadium in the city Saturday, reports UNB. In the day's other...

Young Star Club clinch Kabaddi League title

2015-03-15 00:00:00

Young Star Club clinched the Dhaka District Kabaddi League title beating Keraniganj Upazila by 41-14 points with two lonas in the final at the Kabaddi Stadium in the city Saturday, reports UNB. Proprietor of Orient Bread Mahbubuzzaman was the chief...

Photo: Bangladesh University of Engineering and Technology (BUET)

2015-03-15 00:00:00

Pvt lenders outshine state banks as small firms cry out for credit

FE Report | 2015-03-15 00:00:00

Banks provided a minuscule 2.0 per cent of outstanding credits flowing to small and medium enterprises--or less than Tk 20 billion the SME zones, including light engineering received, a study revealed Saturday. The study, conducted by the Bangladesh Institute of...

KSA reopening, Qatar hiring pick-up could boost remittance

FE Desk | 2015-03-15 00:00:00

Remittance inflow is expected to get a boost next year after the reopening of Saudi labour market to Bangladeshis and pre-World Cup hiring by Qatar picks up steam, reports UNB. Last month, the Kingdom of Saudi Arabia agreed to reopen...

Policy void hobbles handicraft industry development

Arafat Ara | 2015-03-15 00:00:00

Entrepreneurs have urged the government to immediately endorse the draft of national handicraft policy to help the handicraft industry flourish. Due to absence of policy, they said, the sector doesn't get proper support such as product development and marketing facilities...

Photo: ONE Bank Limited (OBL)

2015-03-15 00:00:00

Photo: Midland Bank Limited

2015-03-15 00:00:00

Tobacco farming going on unchecked in Rangpur

Our Correspondent | 2015-03-15 00:00:00

RANGPUR, Mar 14: Cultivation of tobacco, a harmful crop is going on unabated in   Rangpur region, posing serious threat to both public health and environment. Sources said tobacco farming has increased alarmingly this season in the region, as the farmers...