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Photo: The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI)

2014-07-14 00:00:00

BB plans new MPS with focus on credit flow, investment

2014-07-14 00:00:00

Bangladesh Bank (BB) is preparing the new monetary policy statement (MPS) with special focus on some measures for increasing credit flow and spurring local and foreign investment. The new MPS for the first half of the current 2014-15 financial year...

Yunus\\\' social business attracts Pope Francis

2014-07-14 00:00:00

Pope Francis has shown interested in Prof Yunus' concept of social business and his view on the role of selflessness in the economy. Pope Francis consulted Dr Yunus at a special meeting of global thinkers on 'The Global Common Good:...

Greece battles to defuse ticking debt bomb

2014-07-14 00:00:00

ATHENS, July 13 (AFP):  Dimitris Pikrodimitris took out a mortgage four years ago when he was drawing an annual income of 27,000 euros ($36,720). But the economy quickly sank into a debt crisis, forcing Greeks to tighten their belts and...

BD civil service (trade) assoc executive body formed

2014-07-14 00:00:00

The 15-member new executive committee of the BCS Trade Cadre Association was formed at its Annual General Meeting (AGM) held in the city on Friday, said a media release on Sunday,  reports UNB. M Shahidul Haque, Controller, Department of Imports...

Bangladesh-Malaysia Chamber hosts Iftar

2014-07-14 00:00:00

Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) hosted a grand Iftar Mahfil on Saturday in the city, reports UNB. Malaysian High Commissioner in Dhaka Norlin Othman attended the Iftar Mahfil as the chief guest. The programme was attended by representatives...

Church of England approves women bishops in historic vote

AFP | 2014-07-14 00:00:00

YORK: The Church of England overcame bitter divisions Monday to vote in favour of allowing female bishops for the first time in its nearly 500-year history. The decision reverses a previous shock rejection in 2012 and comes after intensive diplomacy...

France to help urbanisation of Myanmar 2nd largest city

2014-07-14 00:00:00

YANGON, July 13 (Xinhua) :  France will help the urbanization of Myanmar's second largest city of Mandalay, official media reported Sunday. Under an agreement signed between Mandalay City Development Committee (MCDC) and France's Ministry of Economy, France will provide assistance...

Myanmar draws $176 million foreign investment in June

2014-07-14 00:00:00

YANGON, July 13 (Xinhua): Myanmar attracted US$176 million in foreign investment last month, thus bringing the nation's total contracted foreign investment to $46.71 billion as of June 2014 since 1988 when Myanmar opened its door to the outside world, local...

Indian Modi optimistic about BRICS bank

2014-07-14 00:00:00

NEW DELHI, July 13 (AFP): Indian Prime Minister Narendra Modi headed to Brazil Sunday for a meeting of the BRICS group of emerging powers, hoping to seal the long-discussed deal to open a new development bank. Modi will be the...

Foreign banks bend to US rules

2014-07-14 00:00:00

LONDON/HONG KONG, July 13 (Reuters): Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond US territory, but in the end they are more likely to bow to Washington...

UAE becomes fifth largest Vietnam export market

2014-07-14 00:00:00

HANOI, July 13 (Gulf News): The United Arab Emirates (UAE) has surpassed Germany and Hong Kong to become Vietnam's fifth largest export market. The top four export destinations for Vietnam are the US, China, Japan, and South Korea in that...

exchange rate

2014-07-14 00:00:00

Photo: ATHENS, Greece: People walking by a Eurobank\\\'s branch in Athens,

2014-07-14 00:00:00

Need to re-examine education format

Muhammad Zamir | 2014-07-14 00:00:00

We have had two critical but interesting reports about the quality of education at the primary level in South Asia and also an important assessment about alleged controversial practices pursued by some private universities in Bangladesh. The first was a...

Improving the standard of private universities

Mohammad Zahid Hossain | 2014-07-14 00:00:00

The recent report of the Transparency International Bangladesh (TIB) on private universities was an eye-opener for all the stakeholders, including government departments, university authorities, students, guardians and employers.  The report clearly portrayed the current state of higher education in private...

Urgent need for an independent river commission

2014-07-14 00:00:00

A large number of the rivers in the country are in the throes of death due to reckless encroachment and lack of adequate dredging for removing heavy silts. Aware of the great importance of rivers, one of the two ministers...

Uncomfortable time for RMG

Shamsul Huq Zahid | 2014-07-14 00:00:00

The country's apparel industry is now in a bad patch. All its success stories are now hard to sell to the outside buyers. A couple of disastrous events---Tazreen Fashion fire and collapse of Rana Plaza---have dented the industry's image  seriously...

When funeral is postponed indefinitely

Neil Ray | 2014-07-14 00:00:00

The body of a husband lies in the mortuary of a hospital for months only because two women, each claiming to be his wife, want to perform the last rite. The problem though is that the women belonging to different...

Quest for quality education

2014-07-14 00:00:00

Education is a must to bring positive changes in society. But the question is what type of education it should be? The simple answer is only quality education with moral teachings. Quality of education must be pursued more than quantity....

Practical knowledge vs. higher CGPA

2014-07-14 00:00:00

Practical knowledge is more essential in professional life. By increasing practical knowledge anybody can go far in his career. Your task is your responsibilities, so you must have practical knowledge about any work you are assigned. For successful completion of...

Communication ministry wakes up late

2014-07-14 00:00:00

It is good to read about the pledge of the communication minister that all roads will be repaired within 20th July, 2014 just before the Eid holidays to redress the sufferings of the home-going people. Although I would like to...

Communication ministry wakes up late

2014-07-14 00:00:00

It is good to read about the pledge of the communication minister that all roads will be repaired within 20th July, 2014 just before the Eid holidays to redress the sufferings of the home-going people. Although I would like to...

Bleeding humanity in Gaza

2014-07-14 00:00:00

It is indeed sad and shameful that in an Israeli attack on a mosque in Gaza more than 120 Palestinians died and around thousand others wounded. Israeli attack on the Palestinians is barbaric and the whole world is showing its...

Learning from the Miracle on Han River

Ahmed Munirus Saleheen after a trip to the country | 2014-07-14 00:00:00

Path walker, there is no path. You must make the path as you walk.   -- Antonio Machado, Spanish poet The medium-height, thin gentleman in his late seventies took no time to capture our attention and focus, as he embarked on...

Missing out on tourism potential

Md Joynal Abdin | 2014-07-14 00:00:00

According to the World Travel and Tourism Council Annual Economic Impact Report-2014, the total contribution of the travel and tourism sector to Bangladesh's gross domestic product (GDP) was US$ 5.9 billion or 4.4 per cent of the GDP in 2013....

Fresh drive launched to arrest opponents: BNP

2014-07-14 00:00:00

BNP alleged on Sunday that the government has launched a fresh drive to arrest opposition leaders and activists as it got scared by the party's threat of a movement after Eid, reports UNB.  "The ruling party has become unnerved hearing...

Govt urged to abolish discriminatory laws

2014-07-14 00:00:00

FE Report Speakers at a discussion urged the government Sunday to abolish or revise all the discriminatory laws and provisions and social culture that deter women from property rights.   Around 82 per cent women do not have any ownership on...

PM trashes post-’75 rulers for their inaction about maritime boundary

2014-07-14 00:00:00

Prime Minister (PM) Sheikh Hasina Sunday blasted the post-75 rulers for their inaction about the maritime boundary, saying that Bangladesh could have established its rights in the continental shelf had they taken initiative, reports BSS. "Those who ruled the country...

Maya vows to resist anti-liberation forces\\\' movement after Eid

2014-07-14 00:00:00

Minister for Disaster Management and Relief Affairs Mofazzal Hossain Chowdhury Maya said Sunday no anti-liberation forces would be allowed in the country to wage any movement, reports BSS. Maya issued the warning while addressing an extended meeting of the City...