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Aluminium dips on producer selling

2014-11-08 00:00:00

LONDON, Nov 7 (Reuters):  Aluminium dipped on Friday as producers and trade houses sold while the wider base metals complex was mixed ahead of key U.S. jobs data that could move the dollar. Three-month aluminium on the London Metal Exchange...

Gold prices edge higher

2014-11-08 00:00:00

LONDON, Nov 7 (Reuters):- Gold prices edged higher on Friday, recovering from a sudden early slide to 4-1/2 year lows, as traders took to the sidelines ahead of U.S. non-farm payrolls data later. Gold is set to fall for a...

BRTC moves to boost financial firepower

Kamrun Nahar | 2014-11-08 00:00:00

The state-run Bangladesh Road Transport Corporation (BRTC) has initiated a move to make it operationally sound and financially viable through curbing corruption and enhancing efficiency of its management, officials said. The main objectives of the move are to check misappropriation...

Listed pharma groups post phenomenal profit

Shah Alam Nur | 2014-11-08 00:00:00

Profits of listed pharmaceutical companies showed robust growth in the past three quarters of this year, driven by growing demand, industry-insiders said. To keep pace with demands, the entrepreneurs diversified products and expanded marketing, helping the life saving sector to...

Increased arrival helps throttle down winter vegetable prices

FE Report | 2014-11-08 00:00:00

Prices of most vegetables declined significantly on Friday, thanks to the increased arrival of winter crops in the market, traders said. Imported Indian variety of onion increased while most of other commodity prices showed static trend on the day, traders...

Latest technologies can increase crop production

2014-11-08 00:00:00

RANGPUR, Nov 7:  Adoption and popularisation of the climate resilient cropping patterns with latest technologies can further increase crop production at reduced costs to attain sustainable food security despite adverse impacts of climate change. Adoption of conservation agriculture (CA)-based technologies...

Joblessness, inequality top global concerns in 2015: WEF

2014-11-08 00:00:00

GENEVA, Nov 07 (AFP): Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said Friday. The organisation, which each year gathers the global elite in the plush Swiss ski resort...

Luxembourg, Juncker under fire after global tax leaks

2014-11-08 00:00:00

BRUSSELS, Nov 07 (AFP): EU finance ministers meet in Brussels Friday, with revelations about Luxembourg's tax breaks for big firms putting pressure on former premier Jean-Claude Juncker, the new European Commission president. The finance ministers will also hope to end...

Korea won\\\'t stand by as weak yen hits competitiveness

2014-11-08 00:00:00

SEOUL, Nov 7 (Reuters): South Korean authorities won't sit on their hands while a tumbling yen undercuts the country's export competitiveness, the central bank chief said on Friday, but policymakers could be reluctant to reduce interest rates, and currency intervention...

India, US and EU set to revive WTO talks, Times of India reports

2014-11-08 00:00:00

A global trade deal between India, the United States and the European Union is close to being signed, with India agreeing to sign the stalled international treaty on easier customs rules, the Times of India reported, reports Reuters.   India will...

China hopes TPP trade talks are transparent

2014-11-08 00:00:00

BEIJING, Nov 7 (Reuters): China said on Friday it hoped US-led Asia-Pacific free-trade talks would be transparent and China would be open to joining them, playing down controversy over competing US and Chinese visions for regional trade. Ministers from 12...

Promoting agro-industry: Government support inadequate

Rahman Jahangir | 2014-11-08 00:00:00

'Malaysian paratha' is now at the door-step of people in urban areas of Bangladesh. So are Thai noodles. Thanks to open market in this time of globalisation, farm products from one end of the globe travel without any restrictions to...

Rural development in the Digital Age

B K Mukhopadhyay from Kolkata | 2014-11-08 00:00:00

Can the current situation be termed satisfactory? Around 1.3 billion without access to clean water; about half of humanity lacking access to adequate sanitation and living on less than two dollars a day; approximately two billion without access to electricity....

Improving quality of education

2014-11-08 00:00:00

The alarm bell has been ringing for far too long. It has gone unheeded, it should not go so any longer. In question is the country's quality of education. The results of the recent admission tests in the University of...

Tasking RMG remediation

Wasi Ahmed | 2014-11-08 00:00:00

The findings of the inspection of garment factories by the two European and US retailer groups have finally come out. And yes, much to the shock of concerned quarters that things have turned from bad to worse. Worse, because earlier...

Where education is a commodity!

Mohammad Iftekhar Hossain | 2014-11-08 00:00:00

Bangladesh was once known as a land of rivers. It is the network of innumerable rivers and rivulets that earned for the country the axiom of a well-watered and well-fruited land inhabited by well-natured peace-loving people. Rivers have not dried...

Saving Patenga Beach

2014-11-08 00:00:00

Patenga beach is fast becoming strange to the older residents of Chittagong. Where have those good old days gone when, we, as teenage boys and youths, used to pass the afternoons on the quiet beach. As the evening fell, we...

Many benefits of bicycle

2014-11-08 00:00:00

Nowadays we see many young people ride bicycles but their number is few. Bicycle can save a lot of time if we adopt it in our daily life. It is environment-friendly, cost and time saving. Due to our hectic urban...

New buses of Army welfare trust

2014-11-08 00:00:00

It is good to know that the Army welfare trust has started bus service in the name of "trust transport services" and initially five buses have been started plying on Dhaka city route and I am sure more buses will...

Modernisation of banking: Global and Bangladesh perspectives

Muhammed Ali in the first of a two-part article | 2014-11-08 00:00:00

Modernisation is evolutionary and inevitable. It got further momentum with the advent of fast-track technology developments around the world. We now live in a digital age. This has led to dramatic changes in the global economy, especially in financial innovations...

How to deal with state-owned enterprises

Saleh Akram | 2014-11-08 00:00:00

Our experience of denationalisation (privatisation) of state-owned industrial and commercial enterprises is far from pleasant. There are reports of flagrant violations of the terms of transfer by the transferee on the one hand, and failure to restart the units on...

Test win moves BD off bottom of ICC Test rankings

2014-11-08 00:00:00

Bangladesh rolled Zimbabwe over on the final day to take the series 2-0 in Khulna, reports Cricinfo. Hamilton Masakadza was the only source of resistance with his second fifty-plus score of the Test, but he fell victim to a misbehaving...

PM greets Tigers for Test series victory

2014-11-08 00:00:00

Prime Minister (PM) Sheikh Hasina greeted Friday the Bangladesh cricket team for their victory against visiting Zimbabwe in the second and series deciding match of the three-match Test series at Sheikh Abu Naser Stadium in Khulna, reports BSS. Bangladesh defeated...

Shakib had sight set on rare feat

2014-11-08 00:00:00

KHULNA, Nov 7 (AFP): Bangladesh all-rounder Shakib Al Hasan, who Friday became only the third player to score a century and take 10 wickets in a Test, claimed the rare feat had been on his mind. Shakib took 5-80 and...

Loss a \\\'tough pill to swallow\\\': Taylor

2014-11-08 00:00:00

While the Bangladesh team set off on a victory lap around the ground after the presentation ceremony, following their 162-run victory, a forlorn Brendan Taylor made his way towards the media centre on the other side of the ground, reports...

scoreboard

2014-11-08 00:00:00

Bangladesh 1st innings: 433 (Shakib Al Hasan 137, Tamim Iqbal 109, Mahmudullah 56; T. Panyangara 2-49, T. Chatara 2-61, M. Waller 2-65) Zimbabwe 1st innings: (H. Masakadza 158, R. Chakabva 101; Shakib Al Hasan 5-80, Taijul Islam 3-96, Rubel Hossain...

sports digest

2014-11-08 00:00:00

Walton beat GP by 7 wickets Walton beat Grameenphone (GP) by seven wickets in a preparation match ahead of the Marcel T20 Corporate Cricket Tournament at the Lalmatia Housing Society School and College playground in the city Friday. Winning the...

Unrest worries, cos’ weaker results down stocks

Babul Barman | 2014-11-08 00:00:00

Stocks plummeted last week and key index of the prime bourse dipped below 5,100-mark as worries over political unrest dampened investors' sentiment. "The investors were in selling spree throughout the week as the week-long countrywide strike following war crimes verdicts...

photo

2014-11-08 00:00:00

Local currency little volatile

2014-11-08 00:00:00

The local currency was little volatile during the week of November 2 to November 6 last and was traded around 77.41 levels. Bangladesh received $1.01 billion as inward remittances in the month of October, 14 comparing with $1.34 billion in...