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GCC mayor arrested

2015-02-12 00:00:00

Police arrested Gazipur City Corporation (GCC) Mayor Prof MA Mannan on Wednesday evening from Baridhara area in the city. He was arrested in a case filed accusing him of masterminding petrol bomb attack on a passenger bus in Noljem area...

BD proposes energy swap with Myanmar

Munima Sultana | 2015-02-12 00:00:00

The government is exploring the option to import gas from Myanmar and export electricity to that country under an energy-swap proposal already on the toss.     Officials said the Government of Myanmar, in principle, has agreed to a proposal put forward...

Violence can bring good for no one: EU envoy

2015-02-12 00:00:00

Newly appointed European Union Ambassador to Bangladesh Pierre Mayaudon Wednesday termed the ongoing violence and burning people through hurling petrol bombs as tragic and barbaric acts, and said such acts would not bring any good for anybody, reports UNB. The...

Local insurers fear uneven competition

FE Report | 2015-02-12 00:00:00

Local insurers fear that the entry of two global giant life-insurance companies, Taiyo of Japan and the Life Insurance Corporation of India (LIC), may pose a 'threat' to their survival in an uneven competition. When contacted, president of Bangladesh Insurance...

Today\\\'s SSC, exams postponed

FE Report | 2015-02-12 00:00:00

The government has finally postponed today's (Thursday) Secondary School Certificate (SSC) and equivalent examinations as the BNP-led alliance did not withdraw the general strike on the day. Education Minister Nurul Islam Nahid made the new announcement Wednesday at a press...

UK envoy urges parties to shun path of violence

FE Report | 2015-02-12 00:00:00

British High Commissioner in Bangladesh Robert Gibson called upon all political parties on Wednesday to stay away from further violence and take confidence-building measures for putting an end to the ongoing political tensions. The current extent of violence and the...

Photo: People looking at a colossal \\\'Baghair\\\' fish

2015-02-12 00:00:00

Farm sector: Infrastructure holds the key

B K Mukhopadhyay from Kolkata | 2015-02-11 00:00:00

Agriculture sector has been showing a topsy- turvy rate of growth over the years. However, over the last decade Indian agriculture has become more robust with record production of foodgrains and oilseeds. Increased procurement, consequently, has added huge stocks of...

Rich nations could prefer services from LDCs

FE Report | 2015-02-11 00:00:00

Waiver-providing countries will try to submit notification to the World Trade Organisation (WTO) to offer preferential treatment to least developed countries' (LDCs) services by this coming July, the commerce minister said Tuesday. Back from a meeting in Geneva on trade...

A silent revolution sweeping Bangladesh : EU envoy

Syful Islam | 2015-02-11 00:00:00

Bangladesh's relations with the European Union (EU) date back to 1973. And the EU is Bangladesh's single largest trading partner, with more than half the country's merchandise shipment destined to the market of 28-member regional grouping. The head of the...

$300m WB loan for improving maternal health, nutrition

FE Report | 2015-02-11 00:00:00

The World Bank (WB) would provide US$300 million for improving maternal health and nutrition support to the children of poor mothers in Bangladesh's northern region. The Bank signed a loan agreement with the government to this effect in Dhaka on...

News Briefs

2015-02-11 00:00:00

Initiative underway to send more workers to Europe Expatriates' Welfare and Overseas Employment Minister Engr Khandker Mosharraf Hossain said on Tuesday the government was working to send more workers to European countries, as 65,536 workers went there with jobs during...

Photo: Modhumoti Bank Limited

2015-02-11 00:00:00

India for perpetual extension of trade deal with BD

FE Report | 2015-02-11 00:00:00

India has sought modification of termination clause of its bilateral trade agreement with Bangladesh for perpetual extension of its validity, official sources said. The agreement, having three years' validity, is scheduled to expire on March 31 this year. "The trade...

Formulation of common standards in the offing

FE Report | 2015-02-11 00:00:00

The government will formulate a set of common standards to ensure occupational health and safety for all the industrial sectors of the country. Besides, a plan of action will also be made to successfully implement the 'National Occupational Health and...

BKB disburses Tk 342.8m agri loan in Narsingdi

2015-02-11 00:00:00

NARSINGDI, Feb 10 (BSS): Bangladesh Krishi Bank (BKB) Narsingdi region has disbursed Tk 342.8 million as agricultural loan among 3,925 farmers through its 21 branches in the district during the last seven months of the current financial year. Official sources...

Govt to build 1,000 flats in capital for officials

FE Report | 2015-02-11 00:00:00

The government will construct 1,000 flats for its officials in the capital's Motijheel and Azimpur areas, Housing and Public Works Minister Mosharraf Hossain said on Tuesday. He said: "The number of government officials is 150,000, but only 50,000 officials get...

Photo: Prime Minister

2015-02-11 00:00:00

Photo: Janata Capital and Investment Limited (JCIL)

2015-02-11 00:00:00

exchange rate

2015-02-11 00:00:00

China January inflation hits five-year low

2015-02-11 00:00:00

BEIJING, Feb 10 (Reuters):  China's annual consumer inflation hit a five-year low in January while factory deflation worsened, underscoring deepening weakness in the economy and heaping pressures on policymakers to inject more stimulus to underpin growth. The risk of deflation...

Greece facing risk of \\\'very bad outcome’: Osborne

2015-02-11 00:00:00

ISTANBUL, Feb 10 (AFP) :  Greece faces a growing risk of a "miscalculation or misstep" that could spark a "very bad outcome" to the nation's debt crisis, British finance minister George Osborne warned on Tuesday. Britain's chancellor of the exchequer...

Dollar eases, euro pressured by Greek worries

2015-02-11 00:00:00

TOKYO, Feb 10 (AFP):  The dollar eased against the yen Tuesday as a rally fuelled by last week's US jobs report faded, while worries that Greece could leave the eurozone put pressure on the European currency. The greenback was at...

Russian business woos Japan despite sanctions

2015-02-11 00:00:00

TOKYO, Feb 10 (AFP):  A Russian business lobby group made a push Tuesday for Japanese investment as its economy struggles under Western sanctions linked to its role in the Ukraine crisis. Even as the United States and Europe delayed another...

Stocks rally after five days

FE Report | 2015-02-11 00:00:00

The market witnessed sharp rise Tuesday after a slow trend in the last five trading sessions as investors went for buying spree on large-cap stocks, defying the ongoing political turmoil in the country. The market opened with a positive note...

Thrust on easing existing business difficulties

FE Report | 2015-02-11 00:00:00

Singapore Highpolymer Chemical Products Pte Ltd (SHCP), a global unsaturated polyester resins (UPR) supplier, has assured its resins promoters and markers in Bangladesh of providing all-out supports in easing existing business difficulties. Khoo Chung Teow, director of SHCP, made the...

BSEC to introduce e-data system

Mohammad Mufazzal | 2015-02-11 00:00:00

The securities regulator has moved to introduce Electronic Data Gathering and Retrieval system to ease and speed up the data and information submission by market intermediaries and listed companies, officials said. The Bangladesh Securities and Exchange Commission (BSEC) is presently...

News Briefs

2015-02-11 00:00:00

IPO proposal of Tosrifa Industries approved The securities regulator has approved the IPO (initial public offering) proposal of Tosrifa Industries which will raise a fund worth above Tk 638.72 million from public, officials said. The approval came Tuesday at a...

Photo: AB Bank Limited donated Tk 5.0 million

2015-02-11 00:00:00

Photo: Pubali Bank Limited

2015-02-11 00:00:00