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Govt directs commercial counsellors in missions to remove barriers

Rezaul Karim | 2014-10-04 00:00:00

The government has directed the commercial counsellors in different foreign missions to identify and sort out non-tariff barriers facing export to their assigned countries under a move to boost the external trade, officials said. In a simultaneous move, the government...

BD, Lanka to further study potentials of FTA or PTA

Syful Islam | 2014-10-04 00:00:00

Bangladesh and Sri Lanka will further study potentials of a preferential trade agreement (PTA) or free trade agreement (FTA) aiming to enhance bilateral trade, sources said. At a recent meeting of joint working group on trade in Colombo, the two...

Farmers switch to cereals from paddy in Barind

2014-10-04 00:00:00

RAJSHAHI, Oct 3: In the wake of adverse impact of climate change, farmers have started switching to cereals from paddy with new technology and seed in the vast barind tract. According to the agriculture officials and scientists, the farmers reduced...

Airbus insider trading trial opens in France

2014-10-04 00:00:00

PARIS, Oct 3:  A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group got under way on Friday, marking the climax of an eight-year investigation. Seven current and former managers at Europe's largest aerospace...

Global income equality now back at 1820s levels: OECD

2014-10-04 00:00:00

PARIS, Oct 3 (AFP):  The gap between the haves and the have-nots globally is now at the same level as in the 1820s, the OECD said Thursday, warning it was one of the most "worrying" developments over the past 200...

US economy is now healthier, poised to lead and succeed: Obama

2014-10-04 00:00:00

WASHINGTON, Oct 3 (PTI):  Asserting that the once-shattered US economy was now "healthier" and had made "steady" and "real" progress over the past few years, President Barack Obama has said that it was America and not India or China that...

Dollar edges up in Asia ahead of US jobs data

2014-10-04 00:00:00

TOKYO, Oct 3 (AFP) : The dollar rebounded against the yen in Asian trade Friday after tumbling from a six-year high, as investors await the release of a key US jobs report later in the day. In Tokyo the greenback...

Goldman weighing new infrastructure fund

2014-10-04 00:00:00

NEW YORK, Oct 3 (Reuters) : Goldman Sachs Group Inc  is considering raising a new infrastructure fund, according to three people familiar with the matter, even as US regulations threaten to reduce its profits from such endeavors. The bank's plans...

IMF worried about sustained slow global growth

2014-10-04 00:00:00

WASHINGTON, Oct 3 (AFP) : IMF chief Christine Lagarde warned Thursday that the global economy could be sinking into a prolonged period of "mediocre" growth which could endanger efforts to bring down unemployment worldwide. Lagarde said that the world's economy...

Love for \\\'lucrative\\\' shares extends bull-run

FE Report | 2014-10-04 00:00:00

Dhaka stocks continued rally almost throughout week as investors snapped up the most sought-after shares. As the week ended, DSE broad index DSEX gained 210.8 points and closed at 5237.72 points on Thursday.  The average daily turnover stabilised at Tk...

Mobile phoning on steady rise

FE Report | 2014-10-04 00:00:00

Use of the mobile phone maintains a rise in the country as the number of active subscribers reached nearly 117.58 million up till this past August. Official data available with the telecom regulator, however, demonstrate the subscribers' base of some...

Local currency remains stable

2014-10-04 00:00:00

The local currency maintained stable tone last week against the greenback. The foreign exchange reserve for the country stood at USD 21.84 billion at the end of September, 2014. The market will see the same tone next week. The average...

European stock markets rebound

2014-10-04 00:00:00

LONDON, Oct 3 (AFP): European stock markets recovered some lost ground on Friday following heavy losses the previous day, as investors looked ahead to key US jobs data. London's benchmark FTSE 100 index gained 0.79 per cent to stand at...

Asian shares mostly up

2014-10-04 00:00:00

HONG KONG, Oct 3 (AFP): Asian markets mostly rose today ahead of a key US jobs report, while Hong Kong reversed morning losses as the financial hub's leaders prepare to meet pro-democracy protestors who have closed parts of the city...

US stocks rise on strong September jobs report

2014-10-04 00:00:00

NEW YORK, Oct 3 (AFP): Wall Street stocks Friday moved higher after the Labor Department reported the US economy gained a strong 248,000 jobs in September and that unemployment fell to a six-year low. About 30 minutes into trade, the...

Myanmar, Thai seek revival of years-delayed economic zone project

2014-10-04 00:00:00

YANGON, Oct 3 (Xinhua): Myanmar and Thailand are seeking revival of the years-delayed Dawei Special Economic Zone (SEZ) project in Myanmar's southern Tanintharyi region and the initial project is expected to resume by early November. A meeting of the two...

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2014-10-04 00:00:00

Shakib, Sunny bring Tigers bronze in Asiad cricket

2014-10-04 00:00:00

Bangladesh have defeated Hong Kong by 27 runs in the third place decider of the Asian Games Twenty20 Cricket, reports Reuters. Shakib Al Hasan's brilliant all-round performance and Arafat Sunny's outstanding bowling paved the way for the Tigers to bag...

2nd Div Chess League begins Oct 14

2014-10-04 00:00:00

The 2nd Division Chess League will begin on October 14 at the Bangladesh Chess Federation (BCF) hall room, reports BSS. Organised by BCF, it's an open team chess event for all teams and the league will be held in Swiss-League...

Zia continues solo lead in A Chess

2014-10-04 00:00:00

GM Ziaur Rahman of Dhaka Mohammedan Sporting Club still continued his solo lead in the points table with 9.5 points after 11th round of the Berger Paints National 'A' Chess now being held at the Media Centre of Bangladesh Olympic...

Pakistan, Australia target Twenty20 future

2014-10-04 00:00:00

DUBAI, Oct 3 (AFP): Pakistan and Australia look to build their squads in the shortest format of the game when they meet in the lone Twenty20 international in Dubai on Sunday, but both are missing key men. Pakistan, who was...

Messi 3 goals away from Spanish league\\\'s top scorer

2014-10-04 00:00:00

BARCELONA, Oct 3 (AP): Lionel Messi is three goals away from equaling the Spanish league's all-time scoring record, a milestone that has stood untouched for almost 60 years. Athletic Bilbao great Telmo Zarra scored 251 goals in 271 games from...

Costa named in Spain squad

2014-10-04 00:00:00

MADRID, Oct 3 (AFP): Spain boss Vicente del Bosque on Friday included Chelsea's Diego Costa in his side's Euro 2016 qualifiers away against Slovakia and Luxembourg despite Jose Mourinho's concerns over the striker's fitness. "He is playing all his games,...

sports digest

2014-10-04 00:00:00

Serena withdraws from China Open injured BEIJING, Oct 3: World number one and current China Open champion Serena Williams withdrew from the tournament Friday because of a left knee injury, organisers told AFP, the second consecutive tournament she has withdrawn...

Brazil tries to solve handball chaos

2014-10-04 00:00:00

SAO PAULO, Oct 3 (AP): Brazil football officials and first-division teams have met to try to clarify a controversial change in the way referees have been giving handball decisions, hoping to ease criticism from clubs, coaches and the media. The...

Promoting online marketing for shoppers

2014-10-04 00:00:00

A three-fold expansion of the virtual market in Bangladesh in just one year indicates increasing interest of consumers or users in e-commerce. It bodes well for the future growth of on-line markets. Such a market, as a report in this...

Averting avoidable deaths on roads

Rahman Jahangir | 2014-10-04 00:00:00

"Sir, you just give me Tk 2,000. You don't need to bring in your car nor even produce TIN certificate for fitness", a vendor was overheard telling a car owner at the Mirpur office of the Bangladesh Road Transport Authority...

The benefits of BD-India power corridor

Engr KZ Islam | 2014-10-04 00:00:00

The Bangladesh-India Joint Steering Committee (JSC) meeting, scheduled to be held on October 10 in New Delhi, will discuss some bilateral issues. Establishment of an electricity corridor using the Bangladesh territory to transmit around 6,000 megawatts of hydro-electricity from Arunachal...

Reducing interest rate and boosting economy

2014-10-04 00:00:00

We cannot deny that high bank interest rate is hurting our industrial sector and the government must take effective steps to reduce it. The commercial banks in the name of charges take unacceptable amount of money from their customers and...

Faulty vessels and Eid/Puja passengers

2014-10-04 00:00:00

The news item published in the Financial Express on Wednesday with the heading 'Home-goers on river routes exposed to faulty vessels' makes us scary. On the one side, the launch owners are insisting on carrying more passengers than the capacity...