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China’s online population nears 650m

2015-01-27 00:00:00

BEIJING, Jan 26 (AFP) : The number of Internet users in China has risen to nearly 650 million, authorities said over the weekend, as the world's largest online population continues to rise. There were 648 million Internet users in China...

US wants to trade even more with India: Obama

2015-01-27 00:00:00

NEW DELHI, Jan 26 (PTI) : "We want to trade even more," US President Barack Obama said Sunday as the two-way commerce between America and India touched a record USD 100 billion. "In the last few years, trade between our...

Euro briefly sinks to 11-year low vs dollar after Greek vote

2015-01-27 00:00:00

TOKYO, Jan 26 (AFP) : The euro touched an 11-year low against the dollar Monday after anti-austerity party Syriza swept to victory in Greece's general election, sparking fears of an exit from the eurozone. The common currency was trading at...

Lagarde rules out special treatment for Greece

2015-01-27 00:00:00

PARIS, Jan 26 (Reuters) : Greece must respect the euro zone's rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine Lagarde said in a newspaper...

India turns to corner shops, mobile phones for banking revolution

2015-01-27 00:00:00

NEW DELHI, Jan 26 (Reuters) : India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of...

Trading of all kinds of treasury bonds allowed

FE Report | 2015-01-27 00:00:00

The securities regulator has abolished its previous directive on listing of only 5-year and 10-year Treasury Bonds paving the way of listing, trading and spot settlement of all kinds of treasury bonds, officials said. The Bangladesh Securities and Exchange Commission...

Govt pays Tk 45.72b as interest against savings instruments

Arafat Ara | 2015-01-27 00:00:00

The government's interest payment on account of its borrowing from savings instruments increased by 27 per cent in the first half of this fiscal year (FY) over that of the corresponding period of last fiscal, officials said. The government paid...

BSEC to formulate \\\'commodity exchange\\\' rules

Yasir Wardad | 2015-01-27 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has moved forward to formulate rules to open 'commodity exchange' in the country for the first time. A committee of BSEC has submitted two reports to the commission in this regard which may...

Stocks see marginal loss

FE Report | 2015-01-27 00:00:00

Dhaka stocks Monday closed with a marginal loss after the steepest fall observed in previous session amid mixed performance of major sectors, stock brokers said. On the day the turnover value went down to 18-session low due to the sluggish...

News Briefs

2015-01-27 00:00:00

Green Delta CEO attends as panelist at 8th India Rendezvous Managing Director and CEO of Green Delta Insurance, Farzana Chowdhury, spoke as a Panelist at a panel discussion on Meeting the Reinsurance Needs of the Market recently at the 8th...

Photo: Bangladesh Bank (BB) and Mercantile Bank Ltd signed an agreement

2015-01-27 00:00:00

Photo: Managing Director and CEO of Green Delta Insurance

2015-01-27 00:00:00

FII inflows in Indian mkts reach Rs 210b so far in Jan

2015-01-27 00:00:00

NEW DELHI, Jan 26 (PTI): Overseas investors have pumped in a staggering over Rs 210 billion in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India (RBI). Foreign...

Hong Kong shares gain for 5th day

2015-01-27 00:00:00

HONG KONG, Jan 26 (Reuters): Hong Kong shares inched up on Monday to notch a fifth consecutive day of gains, shrugging off renewed concerns over potential instability in the euro zone after an anti-austerity party won the Greek general election....

Nikkei falls as anti-austerity party wins Greek election

2015-01-27 00:00:00

TOKYO, Jan 26 (Reuters): Japanese stocks fell on Monday as a resounding election win for Greece's anti-austerity Syriza party raised the prospect of conflict with the country's international lenders, dampening investors' appetite for risk. The Nikkei benchmark fell 0.5 per...

Photo: Social Islami Bank Limited (SIBL) and Fareast Islami Life Insurance Company Limited

2015-01-27 00:00:00

Photo: A round table discussion titled \\\"Padma Bridge:

2015-01-27 00:00:00

Daily Market Commentary

2015-01-27 00:00:00

Current scenario, prospects and challenges of plastic sector of Bangladesh

2015-01-27 00:00:00

Md. Jashim Uddin Notable developments in the plastic industry of Bangladesh started from early 1980s. Prior to that period, some small plastic factories were in operation with manually operated machinery, mainly in the older parts of Dhaka. During the years...

Plastic recycling: A new prospective industrial sector in Bangladesh

Muhammad Ruhul Amin | 2015-01-27 00:00:00

Bangladesh does not have any polymer industry. Despite having abundant natural gas it is deficient in raw materials for polymer production. All virgin polymers are imported. As such, there is a rapidly growing incentive to recycle plastic waste, which is...

Export-oriented plastic industry of Bangladesh: Opportunities and Challenges

Khondaker G Moazzem and Farzana Sehrin | 2015-01-27 00:00:00

The quest for new export products with a view to diversify the export base is not so easy for an emerging economy like Bangladesh. Plastic products are among the few products outside textiles, apparels, leather and jute goods which have...

Building positive image of insurance industry

S M Ibrahim Hossain | 2015-01-27 00:00:00

It is repeatedly said that the insurance industry is absolutely a service industry. Its viability and continuance are dependent on personalised service to its clients, which again depends on insurance education of the marketing people and employees of the insurance...

The demand for fresh poll: A dilemma

Md. Jamal Hossain | 2015-01-27 00:00:00

The demand for a fresh poll has taken a dramatic turn in our politics. The opposition is constantly demanding a fresh poll that will ensure fair and spontaneous participation of all parities. But the question is: why do we need...

Unutilised foreign aid and the fallout

2015-01-27 00:00:00

A substantial cut in foreign aid disbursement target, as reported in this paper, is a piece of unpalatable news. It will be considered a major setback to efforts for pursuing development projects in the country during the current fiscal. While...

All for the people

Wasi Ahmed | 2015-01-27 00:00:00

People are like dirt. They can either nourish you … or they can stunt your growth and make you wilt and die.-- Plato. It is characteristic of philosophy that even its most obscure and apparently perplexing ideas, suitably interpreted, can...

Making money from honey

Shihab Sarkar | 2015-01-27 00:00:00

A lot of income-generation activities can now be spotted across the country. Beekeeping using the box-method can be considered one of the major new entrants to this vast and largely untapped field. In many parts of the country, especially in...

Let not Bangladesh be turned into a burn unit

2015-01-27 00:00:00

Countrywide blockade continues with no signs of a settlement in sight. Common people as usual are the unlucky victims. It is in their fate. It is getting more and more alarming with every passing day. The number of burn victims...

For teachers to take role models

2015-01-27 00:00:00

Earlier, only devoted, honest and learned people became teachers. Actually, they are the people to take the society forward. But, if we look at the present scenario in our secondary education, we will find that in almost all the non-government...

Unbecoming behaviour of the opposition

2015-01-27 00:00:00

I was shocked to watch on television that the Prime Minster was not treated well when she went to Khaleda Zia's Gulshan office to pay her condolences at the death of Arafat Rahman in Malaysia. It was really discourteous of...

Needed: Enabling regulations and enforcement

Sadiq Ahmed concluding his three-part paper titled \'Regulatory framework for private investment\' | 2015-01-27 00:00:00

The high transaction costs in key areas of policy making affecting business decision even after significant deregulation since the 1990s are indicative of an important aspect of the weakness of the private sector regulatory environment that has not received adequate...