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New industries being set up in country to create jobs: Amu

2014-12-07 00:00:00

CHUADANGA, Dec 6 (BSS): New industries are being set up in the country to create vast employment opportunities with a view to achieving economic growth and making Bangladesh a middle income country by 2021. "China, Japan, Korea and India have...

RMG sector has potentials to hit $ 50b export

2014-12-07 00:00:00

Required infrastructure development, enhancing the efficiency of workers and adequate support from the government can help Bangladesh’s RMG sector hit a US$ 50-billion export by 2021, speakers said in the city Sunday. Stakeholders of the country’s readymade garment industry came...

Polok for exploring benefits of mobile technology

2014-12-07 00:00:00

All concerned have been urged to explore the advantages of mobile technology. State Minister for ICT Junaid Ahmed Polok made the appeal while speaking at the inaugural seminar of a programme organised to launch 'Mobile Apps Development' programme by the...

Govt mulls mega LPG bottling plant

2014-12-07 00:00:00

The government is going ahead with a plan for establishing a mega plant for bottling, supplying and marketing of liquefied petroleum gas (LPG) to ease the ever increasing household demand for natural gas. With an annual capacity of bottling of...

Export-import halted at Benapole

2014-12-07 00:00:00

All export and import operations have ground to a halt at the Benapole Land Port on Saturday after a labourer was run over by a truck, reports bdnews24.com. Several hundred trucks, carrying raw materials among other goods, were stuck on...

Fed suggested to adjust rate hikes

2014-12-07 00:00:00

WASHINGTON, Dec 6 (Reuters): The Federal Reserve needs to adjust its policy statement to acknowledge clear signs of US economic strength and, in particular, stop telling the world that interest rates won't rise for a long while yet, a top...

Developing world needs annual $500b for climate by 2050: UN

2014-12-07 00:00:00

LIMA, Dec 6 (AFP): Developing countries may need up to $500 billion per year by 2050 to adapt to the ravages of climate change, dwarfing previous estimates, a UN report said Friday. The figure was about 20 times today's public...

Indian govt plans Guwahati-Dhaka bus service

2014-12-07 00:00:00

NEW DELHI, Dec 6 (BSS): Indian government plans to introduce regular passenger bus services to Dhaka from Guwahati in Assam via Shillong in Meghalaya. For this purpose a joint technical survey and trial run will be arranged on December 10-11...

Pacific free trade by Q1 of 2015 stressed

2014-12-07 00:00:00

SANTIAGO, Dec 6 (Reuters): A deal on an ambitious 12-nation Asia-Pacific trade pact should be finalised in the first quarter of 2015, a senior Chilean official told the news agency on Friday. The planned Trans-Pacific Partnership (TPP) has faced stumbling...

Photo: Acting President of the FBCCI

2014-12-07 00:00:00

Photo: President of BCI AK Azad speaking

2014-12-07 00:00:00

Photo: MINSK, Belarus: Customers waiting in a queue to buy pork

2014-12-07 00:00:00

BB plans to float Islamic bond

FE Report | 2014-12-07 00:00:00

Bangladesh Bank Deputy Governor SK Sur Chowdhury said on Saturday that the central bank is actively considering introduction of 'Sukuk' Islamic bond to enhance the prospects of Islamic finance in the country. We are actively considering introduction of the Sukuk...

Need to end HR crisis in ins sector emphasised

FE Report | 2014-12-07 00:00:00

Insurers at a discussion Saturday emphasised on having a mandatory benchmark of training and technical knowledge especially for the senior officials to be promoted or appointed in the insurance industry. They made the opinion, among others, in order to facilitate...

News Briefs

2014-12-07 00:00:00

EBL wins ICSB National Award Eastern Bank Ltd (EBL) has won the ICSB National Award for Corporate Governess Excellence 2013 securing first place in the Banking Company category. Organised by the Institute of Chartered Secretaries of Bangladesh (ICSB) the Award...

Photo: Finance Minister A M A Muhith handling over the ICSB National Award

2014-12-07 00:00:00

Photo: Summit Group

2014-12-07 00:00:00

Thrust on concerted efforts on Green Banking

FE Desk Report | 2014-12-07 00:00:00

Speakers at a workshop recently said that green banking can be an avenue to reduce pollution and save the environment aiding sustainable economic growth. They also said banking sector is a major source of financing for commercial projects, which is...

Separation of management from cos\\\' ownership yet to be visible

FE Report | 2014-12-07 00:00:00

Discussants Saturday said merits, ethics and commitments are required to ensure the corporate governance of listed companies along with complying with the guideline set by the securities regulator. Their observations came at a community dialogue titled 'Corporate Governance & Transparency...

Photo: Trust Bank Limited

2014-12-07 00:00:00

DSE’s New Automated System to accelerate trading platforms

Mohammad Mufazzal | 2014-12-07 00:00:00

New Automated Trading System which will go live on December 11 next on the premier bourse will accelerate trading platforms along with resolving some existing problems, officials said. The traders at different brokerage firms have also hailed the upcoming trading...

Indian shares post first weekly fall in seven

2014-12-07 00:00:00

MUMBAI, Dec 6 (Reuters): Indian shares fell on Friday, posting their first weekly loss in seven, as investors booked profits in recent outperformers after indexes hit record highs, while caution prevailed ahead of US jobs data later in the day....

Photo: Meghna Bank Limited

2014-12-07 00:00:00

IPO Diary

2014-12-07 00:00:00

Square Pharmaceuticals Limited

2014-12-07 00:00:00

The need for large-scale investment in education

Syed Manzoorul Islam | 2014-12-07 00:00:00

It is generally understood that a country that aims to provide quality education to its young population needs an investment the size of 6.0-8.0 per cent of its gross domestic product (GDP) at the minimum. And that investment has to...

Prime Bank maintain top slot

2014-12-07 00:00:00

Prime Bank Cricket Club maintained their top spot in the Walton Dhaka Metropolis Premier Division Cricket League (DPL) after beating Partex Sporting Club by a massive 134 runs in their 9th round match, spurred by a century by opener Soumya...

30-member preliminary squad named for WC

2014-12-07 00:00:00

Bangladesh Cricket Board (BCB) Saturday announced a 30-member its preliminary squad for ICC Cricket World Cup 2015 will that take place in Australia and New Zealand in February and March, reports UNB. Bangladesh placed in Pool A with Afghanistan, Australia,...

Shah Cement AKS Golf meet concludes

Our Correspondent | 2014-12-07 00:00:00

CHITTAGONG, Dec 6: Fifth Shah Cement AKS Golf Tournament concluded at the Bhatiary Golf and Country Club (BGCC) on December 5. The tournament, organised by the BGCC under patronisation of Abul Khair Steel and Shah Cement, business groups of Abuk...

Cook remains as captain in England\\\'s WC squad

2014-12-07 00:00:00

LONDON, Dec 6 (AFP): England confirmed Alastair Cook as captain for next year's World Cup in Australia and New Zealand after naming their provisional 30-man squad on Saturday. National selector James Whitaker had made it clear before England embarked on...