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sports digest

2014-10-26 00:00:00

Coric upsets Nadal to reach Swiss Indoors semis BASEL, Oct 25: Teenager Borna Coric upset second-seeded Rafael Nadal in straight sets Friday to reach the semifinals of the Swiss Indoors and announce himself as one of the rising stars of...

Photo: BUET Vice-chancellor

2014-10-26 00:00:00

Barapukuria: Study finds open pit mining viable

Mushfiqur Rahman | 2014-10-26 00:00:00

Experts of a government body, the Institute of Water Modelling (IWM), have reported that open pit mining at the Barapukuria (north) mine field will not invite desertification or unmanageable ground water problems in the region. Environmental activist groups have long...

Sustainable RMG growth: Improving supply chain management

Mohammad Hasan | 2014-10-26 00:00:00

The export-oriented readymade garment (RMG) sector has some distinctive features, which differentiate it from other businesses. Wage, supply chain, timeframe and compliances are among the most important features of this business. Each of the four features is interrelated and interdependent....

The deal on AIIB

2014-10-26 00:00:00

The signing of a memorandum of understanding (MoU) on the establishment of the Asian Infrastructure Investment Bank (AIIB) in Beijing last Friday by 21 nations, including Bangladesh, does show China's earnestness about operationalising the proposed multilateral body to address the...

Matching endowments and opportunities

Abdul Bayes | 2014-10-26 00:00:00

Bangladesh is widely known as a country of microfinance institutions (MFIs) where thousands of non-governmental organisations (NGOs) are spread over the country to provide various services, including microcredit, to the poor. The microfinance model of Bangladesh has been adapted in...

Why more buses for this crammed city?

Shihab Sarkar | 2014-10-26 00:00:00

The Ministry of Planning has approved the procurement of 300 double-decker and 100 articulated buses under the Indian line of credit. It was discussed at a recent meeting of the parliamentary standing committee on the Ministry of Road Transport and...

Fall in formalin import: A sigh of relief

2014-10-26 00:00:00

It is good to know that import of formalin has reduced significantly in our country. The government needs to put more restriction on importing and selling the substance as the poisonous ingredient is playing havoc with our health. We need...

Paying extra bucks for Indian visas

2014-10-26 00:00:00

Virtually all applicants for Indian visas are complaining that the present system of visa issuance has led to racketeering benefiting a section of employees of the consulate and their agents. The system involves putting information including passports, previous travel details...

Dip in RMG exports to US, Canada

2014-10-26 00:00:00

In the recent time the ready-made garment (RMG) export to the US and Canadian markets fell significantly, although exporters are hopeful that soon it will rebound. But we must remain alert so that our RMG export can bounce back once...

The theory and reality of market economy

Md Jamal Hossain | 2014-10-26 00:00:00

Economics can turn out to be a dangerous profession or principle for those who put unrestrained and strong faith in the conventional foundation of economics with which they embark upon in the world of economics. In fact, it can be...

Patronising electrical goods manufacturers

Mohammed Rakib-ul-Hassan | 2014-10-26 00:00:00

Almost 50 per cent of the population of the erstwhile Bengal used to be artisans and small and mid-level business people. A lot of people in this region were involved in local industries like textiles, metal work, pottery etc. Things...

Use of modern technology increases vegetable production

2014-10-26 00:00:00

NARSINGDI, Oct 25 (BSS): The production of summer vegetables has increased to a great extent in Narsingdi district due to use of modern technology replacing the traditional method of cultivation. Department of Agriculture Extension (DAE) sources said farmers of the...

Kuwait urges Gulf reforms as oil prices fall

2014-10-26 00:00:00

KUWAIT CITY, Oct 25 (AFP) : Kuwait's oil minister on Saturday called for economic reforms by energy-dependent Gulf states to cope with a drop in oil prices that has hurt their public finances. Anas al-Saleh urged steps to tackle rising...

Commodities mixed on global growth outlook

2014-10-26 00:00:00

LONDON, Oct 25 (AFP):  Raw material prices endured a mixed week as investors tracked the outlook for global economic growth and the Ebola virus outbreak. OIL: Oil prices headed back towards multi-month low points in volatile trading, pressured by a...

Global Commodity Prices

2014-10-26 00:00:00

Kuwait pleads inability to supply low-sulfur diesel

M Azizur Rahman | 2014-10-26 00:00:00

Kuwait Petroleum Corporation (KPC) is learnt to have pleaded its inability to supply 500ppm low-sulfur diesel although all other exporters agreed on Bangladesh's option for importing such cleaner fuel from next January to keep the environment cleaner. A senior official...

News Briefs

2014-10-26 00:00:00

President to deliver keynote at 10th WIEF Bangladesh wants to strengthen its friendly relations with the countries of the Islamic world on all fronts and hopes that President Abdul Hamid's participation in the World Islamic Economic Forum (WIEF) will play...

Photo: Top business dignitaries from home and abroad seen with President Md Abdul Hamid

2014-10-26 00:00:00

Photo: The 15th founding anniversary celebration programme of Mutual Trust Bank Limited

2014-10-26 00:00:00

Prohibitive prices keep tanners from buying rawhides in bigger way

Ismail Hossain | 2014-10-26 00:00:00

Stunned by seasonal market melee, tanners have not yet begun buying in a bigger way the rawhides of sacrificial animals even 18 days after the Eid-ul-Azha fiesta because of increased prices traders said. Though traders have purchased the rawhides and...

10,000 people trafficked thru\\\' Cox\\\'s Bazar coast to Malaysia, Thailand per month

Shah Alam Nur | 2014-10-26 00:00:00

More than 10,000 people are trafficked through Cox's Bazar coastal area to Malaysia and Thailand per month as a number of organised gangs of human traffickers are engaged in the crime, officials said. The Detective Branch (DB) of Police has...

Development Fair begins today to celebrate PKSF\\\'s silver jubilee

2014-10-26 00:00:00

A seven-day Development Fair-2014 is set to begin Sunday at Bangabandhu International Conference Centre (BICC) in the city on the occasion of 25th founding anniversary of Palli Karma -Sahayan Foundation (PKSF) aiming to promote poverty alleviation initiatives to lift millions...

Export-import thru\\\' Sona Masjid land port suspended

2014-10-26 00:00:00

CHAPAINAWABGANJ, Oct 25 (UNB):  Export-import activities through Sona Masjid land port came to a halt on Saturday morning as port workers enforced a strike protesting the murder of C&F agent Manirul Islam. Sources said the port workers and staff of...

P &G to ditch Duracell batteries amid earnings drop

2014-10-26 00:00:00

NEW YORK, Oct 25 (AFP) : Procter & Gamble Friday announced plans to unload its Duracell battery business as it reported a big drop in earnings following a large asset write-down. P&G, which makes Pantene shampoo, Tide detergent and other...

French unemployment hits new record

2014-10-26 00:00:00

PARIS, Oct 25 (AFP) : Unemployment in France hit a new record in September, with official statistics published Friday showing 3.43 million people claimed jobless benefits. The figures showed a rise of 19,200 people joining the jobless queue and come...

British economy slows down in third quarter

2014-10-26 00:00:00

LONDON, Oct 25 (AFP): Growth of the British economy slowed in the third quarter of this year, official data showed on Friday in a context of concerns over the uncertain global outlook. Gross domestic product (GDP) grew 0.7 per cent...

BRRI to join int\\\'l rice congress to share experience

2014-10-26 00:00:00

A delegation of senior scientists of Bangladesh Rice Research Institution (BRRI) are joining the International Rice Congress, which will be held from October 27 to November 1 this year in Bangkok, Thailand, reports BSS. "A team of senior scientists, headed...

Photo: SYDNEY: Protesters gather outside the hotel

2014-10-26 00:00:00

Photo: COLOMBO: Cars for sale are seen at a vehicle sales centre in the Sri Lankan

2014-10-26 00:00:00