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exchange rate

2014-12-12 00:00:00

Australia’s unemployment rate hits 12-year high

2014-12-12 00:00:00

SYDNEY, Dec 11 (AFP) : Australia's jobless rate hit a 12-year high in November, data showed Thursday, as more people looked for jobs in a softening economy hurt by falling commodity prices and weak Chinese demand. Unemployment edged up to...

China boosts bank liquidity with $65b fund injection

2014-12-12 00:00:00

SHANGHAI, Dec 11 (AFP) : China's central bank has stepped up its efforts to pump more cash into its banking system with a $65 billion fund injection, Dow Jones Newswires reported Thursday. The People's Bank of China (PBoC) on Wednesday...

Christie’s celebrates modernists at 2nd India auction

2014-12-12 00:00:00

MUMBAI, Dec 11 (AFP) : Christie's hopes to consolidate its foothold in the Indian art market Thursday with only its second sale in the country, showcasing a range of work by homegrown modern artists. The London-based auction house is offering...

Dollar mixed after falls on risk aversion

2014-12-12 00:00:00

TOKYO, Dec 11 (AFP): The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments such as US government bonds. The greenback climbed to 118.15 yen in Tokyo afternoon trade,...

Airbus sales chief campaigning for more A380 orders

2014-12-12 00:00:00

BERLIN, Dec 11 (Reuters) :  Planemaker Airbus  is working on four campaigns to sell more of its A380 super jumbo, its sales chief said on Thursday. "We're negotiating incremental orders," John Leahy told investors at an event in London. Airbus...

Photo: BEIJING : A man stands beside an advertisement for a fashion magazine in Beijing

2014-12-12 00:00:00

Banking in Bangladesh: Challenges and ways-out

Khondkar Ibrahim Khaled | 2014-12-12 00:00:00

Banking is a vibrant sector of economy in Bangladesh. With rapid economic growth in the country, banks have expanded their branch network and business operations. Now banking services are available far beyond Upazilla (sub-district) and even Union levels. During recent...

Mega projects in limbo

FHM Humayan Kabir in the first of his two-part article | 2014-12-12 00:00:00

It is indeed pertinent to question the scale of development in the country given the raise in Annual Development Programme (ADP) over the last five years. The fund allocation for the ADP during this period has increased more than three...

Way out of traffic gridlock

2014-12-12 00:00:00

A study on Dhaka City's traffic conducted by a Japanese consulting firm has put forward a rational explanation of the intractable traffic congestion on its roads. Done for the Dhaka Mass Rapid Transit Development (DMRTD) project, the study finds that...

Countering mugging

Nilratan Halder | 2014-12-12 00:00:00

The two separate incidents of mugging in which Tk 11 million were snatched from employees of a bKash agency and a manager of a store at Mirpur and Khilgaon bring to the fore the danger of carrying cash in the...

Ensuring fair prices for RMG

Rahman Jahangir | 2014-12-12 00:00:00

The just-concluded three-day 'Dhaka Apparel Summit-2014' has brought into sharp focus the fact that the readymade garment industry (RMG) in Bangladesh no longer stands where it once was even a couple of years ago. It has now embarked on a...

Pitiable condition of treatment at DMCH

2014-12-12 00:00:00

Last week I had to go to Dhaka Medical College Hospital (DMCH) along with my friend's relative who was suffering from stomach pain. We somehow managed a ticket but failed to manage a bed. One of the cleaners came to...

SAARC meet at Kathmandu

2014-12-12 00:00:00

The second world war started in 1939 and Germany occupied France, Holland, and Belgium within a very short time. After the end of the second world war in 1945, these countries became friendly with Germany in a few years' time....

Failure to rein in corruption

2014-12-12 00:00:00

The world observed international anti-corruption day and we also joined the party. Corruption has become an order of the day. We see it everywhere in our country and we see no light at the end of the tunnel which is...

CORRECTION

2014-12-12 00:00:00

In Thursday's editorial titled 'Making substance of anti-corruption move', the paragraph above the concluding para should read: 'It denies the poor and the disadvantaged access to basic services and other entitlements without bribe money.' The inadvertent lapse is regretted.

E-commerce in Bangladesh: Where do we stand?

Ashish Chakraborty | 2014-12-12 00:00:00

E-commerce has left its footprint in every part of the world. The Asia Pacific region is a major part of it. The B2C (business-to-consumer) e-commerce sales in the Asia-Pacific region grew more than 33 per cent to $ 332.46 billion...

Govt delaying DCC polls \\\'fearing defeat\\\': Speakers

2014-12-12 00:00:00

Speakers at a roundtable discussion in the city observed Thursday that the government is intentionally dillydallying to hold the election to the two city corporations of Dhaka 'fearing its defeat' in the polls, reports UNB. Sushashoner Jonno Nagorik (Sujan) organised...

Govt sends democracy into grave, alleges Khaleda

2014-12-12 00:00:00

BNP chairperson Khaleda Zia alleged Thursday that the current government has sent democracy into the grave by usurping the state power, reports UNB. "The country's independence and sovereignty are now in a deep crisis, as democracy has been sent into...

City Corporation polls will be held in time: Maya

2014-12-12 00:00:00

Dhaka City Awami League (AL) general secretary and Relief and Disaster Management Minister Mofazzal Hossain Chowdhury Maya (Bir Bikram) said Thursday whatever BNP utters, City Corporation polls will be held as per schedule, reports BSS. "I came to know from...

BNP-Jamaat clique encouraging militancy, alleges Nasim

2014-12-12 00:00:00

Awami League (AL) presidium member, spokesman of the 14-party alliance and Health and Family Welfare Minister Mohammad Nasim said Thursday that leaders of BNP-Jamaat combine have been encouraging militancy through their remarks, reports BSS. "In the past, BNP sheltered and...

Withdrawal of Independence Award of Sarsina Peer sought

2014-12-12 00:00:00

PIROJPUR, Dec 11 (BSS): Freedom Fighters (FFs) as well as local leaders and elite of the district are demanding withdrawal of Independence Award given to Peer of Sarsina Abu Zafar Mohammad Saleh. Military dictator turned president late General Ziaur Rahman...

5 suspected militants sent to Dhaka Central Jail from Ctg

Our Correspondent | 2014-12-12 00:00:00

CHITTAGONG, Dec 11: Five people including a Pakistani national suspected to be militants have been sent to Dhaka Central Jail for being produced to court in connection with a case filed with Lalbagh police. Senior Jail Super of Chittagong Central...

Netrakona war crimes charge hearing Jan 7

2014-12-12 00:00:00

The International Crimes Tribunal-1 (ICT-1) was highly critical Thursday of the eligibility of documents and investigation into the case before taking cognisance of the charges made against detained war crimes suspects Obaidul Haque alias Taher and Ataur Rahman alias Noni...

Bhashani\\\'s 134th birthday today

2014-12-12 00:00:00

The 134th birth anniversary of Maulana Abdul Hamid Khan Bhashani will be observed today (Friday) with due respect, reports UNB. Different political parties and socio-cultural organisations have taken up elaborate programmes to commemorate the leader who championed the cause of...

Mahidur, Chutu indicted for war crimes

2014-12-12 00:00:00

International Crimes Tribunal (ICT)-2 framed charges Thursday against Mahidur Rahman and Afsar Hossain Chutu of Chapainawabganj in a case for committing crimes against humanity during the Liberation War, reports BSS. It also fixed January 12 for giving opening statement and...

3 Hizb ut-Tahrir men held in city

2014-12-12 00:00:00

Three persons suspected to be members of the banned militant outfit Hizb ut-Tahrir have been arrested from Dhaka's Badda area, reports bdnews24.com. The arrestees are Noor Alam, 27, Amjad Hossain, 32 and Mahmudul Alam, 18. "Pamphlets of Hizb ut-Tahrir were...

JCD president among 4 held in Faridapur

2014-12-12 00:00:00

FARIDAPUR, Dec 11 (UNB): Police arrested the district unit president of Jatiyatabadi Chhatra Dal (JCD) and three other activists from Khabaspur intersection area of the town Thursday morning. The arrestees were identified as district Chhatra Dal president and sadar upazila...

PM asks coast guards to protect maritime areas

2014-12-12 00:00:00

PATUAKHALI, Dec 11 (Agencies): Prime Minister (PM) Sheikh Hasina directed Thursday the members of the Bangladesh Coast Guard (BCG) to be more active in protecting the country's maritime areas as the government has planned to extract marine resources. She also...

Steps soon to raise use of renewable energy: President

2014-12-12 00:00:00

Stressing the need for ensuring energy security for the future generation, President Md Abdul Hamid said Thursday measures would have to be taken to increase the use of the environment- friendly renewable energy along with reducing the system losses and...