Syed Jamaluddin | 2015-01-04 00:00:00
Bangladesh jute sector has long been ridden with problems. The 'golden fibre' is now a myth. Jute played a major role in the economic development of the then Pakistan. But it has failed to so in independent Bangladesh. This is...
The news that the government may not be able to meet the International Civil Aviation (ICAO)-set deadline to make machine-readable passports (MRPs) available to the Bangladeshi expatriate workers, is obviously a matter of grave concern for them. There exists widespread...
Hasnat Abdul Hye | 2015-01-04 00:00:00
By most accounts, 2014 has been a good year for Bangladesh economy. Economic progress was steady and confident - even vibrant. No major crisis marred the performance. Underpinning the steady course of the economy was the political calm and normality...
Md Nurul Islam Limon | 2015-01-04 00:00:00
The Bangladesh Bank has published the auction calendar of Treasury Bills and Bonds for the first quarter of 2015. The government is going to borrow Tk 40 billion from the banking sector in January 2015 through auction of treasury bills...
A few days back I was skimming through newspapers. Suddenly a news item caught my eyes. It was about the birongonas (war heroines). Tears rolled down my eyes. Birongonas still go through harrowing experience. They still suffer from social stigma...
As a human being it is our scared duty to extend helping hands to other people in distress. Blood donation can be an ideal way in this regard. Many of us have a wrong perception that if we donate blood...
As we look at a new year stepping in, we are also worried by looming political uncertainty. As the anniversary of the last general elections is round the corner, tension in the mind of the common people is mounting. The...
Atiur Rahman | 2015-01-04 00:00:00
The Bangladesh Bank issued on December 30, 2014 a brief overview of the Bangladesh economy in 2014. Here is a review in somewhat greater detail of economy's attainments in 2014 and its prospects in 2015. In 2013 normal economic activities...
Maswood Alam Khan | 2015-01-04 00:00:00
Mahatma Gandhi, in a statement published in the 'Young India' in 1924, said about Hazrat Muhammad, the last messenger of God: "I wanted to know the best of the life of one who holds today an undisputed sway over the...
Despite poor performance of Russian mining company Gazprom in drilling new wells in Bangladesh, Petrobangla is pursuing a plan to award the company five more wells in three gas fields of the country, energy officials said. Gazprom placed an unsolicited...
Shamsul Huda | 2015-01-04 00:00:00
Bangladesh needs to get the global trade regime governing the intellectual property rights extended to protect its pharmaceuticals industry, but support from its peers in the Third World is 'challenging', an expert has said. The privilege under the WTO's special...
Rahimafrooz has launched a new factory outlet of industrial and other batteries at Savar near BKSP in order to help its consumers at the Export Processing Zone (EPZ) and adjoining areas get the products easily. Acting director general of Bangladesh...
BEIJING, Jan 3 (Reuters): Chinese telecoms equipment maker Huawei Technologies expects advances in cloud computing and higher demand for smart devices to have lifted 2014 sales revenue by 15 per cent to $46 billion, CEO Ken Hu said in a...
Global factory growth ends 2014 on low note LONDON, Jan 3 : Global manufacturing activity expanded at its weakest pace in more than a year at the end of 2014, even though factories cut their prices at the steepest rate...
LONDON/SYDNEY, Jan 3 (Reuters): The global economy ended 2014 in a fragile state as factories struggled to maintain growth across Europe and Asia, business surveys showed, adding to pressure on central banks to implement more stimulus. Ebbing price pressures across...
WASHINGTON, Jan 3 (Reuters): The US factory sector grew at its slowest pace in six months in December, a sign that weakness in the global economy is weighing on the United States. The Institute for Supply Management (ISM) said its...
RIYADH, Jan 3 (AFP): Billionaire Prince Alwaleed bin Talal has lashed out at the Saudi fiscal policy after projecting the largest ever budget deficit for 2015 following the slump in oil prices. "We have reached the danger point... after starting...
SAN FRANCISCO/ CHICAGO, Jan 3 (Reuters): For top US retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon...
MUMBAI, Jan 3 (AFP): Indian factory output expanded at its quickest pace in two years last month, a key survey showed Friday, in a further sign that the economy is picking up under new Prime Minister Narendra Modi. Banking giant...
CHENNAI, Jan 3 (PTI): Auto major Ashok Leyland reported 48 per cent jump in sales at 9,290 units in December 2014. The Hinduja Group company had sold 6,275 units during the same month of 2013. Sales of medium and heavy...
Local products are largely dominating the month-long Dhaka International Trade Fair (DITF), as the customers are showing their interest in locally manufactured products because of their low prices and improved quality, reports UNB. The DITF that began on Thursday at...
The country sent 2.87 million workers with overseas jobs and received US$76.60 billion remittance between 2009 and December, 2014, said an official to BSS. "Manpower export is a prospective sector and the government declared it as a thrust sector", he...
The government has planned a roadmap for the country's telecommunication and ICT (information communication technology) sectors with the major objectives of ensuring broadband internet for all besides combating cyber crime and tackling environment issues, reports BSS. The roadmap will also...
PUNE, India, Jan 3 (Reuters): India needs to "conceive" several reforms in the banking sector, Finance Minister Arun Jaitley told reporters on Saturday on the sidelines of a two-day banking retreat. Jaitley added that there is a need to give...
MEXICO CITY, Jan 3 (Xinhua): Mexico's finance ministry said Friday that a 1.9-per cent hike in fuel prices announced on January 1 will be the last price increase for 2015. "The maximum prices ... will remain at the level established...
BEIJING, Jan 3 (Xinhua): The Asian Infrastructure Development Bank (AIIB) is expected to go into operation before the end of 2015, according to China's Ministry of Finance (MOF). MOF said that the founding nations of the bank are expected to...
BERLIN, Jan 3 (AFP): The European Central Bank cannot entirely rule out the risk of the deflation in the eurozone, but that danger is limited, its chief Mario Draghi said in a newspaper interview Friday. "The risk cannot be ruled...
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