TOKYO, May 30 (Reuters): Japan's Government Pension Investment Fund (GPIF) plans to adopt new government guidelines for institutional investors designed to improve corporate governance and investment returns. The $1.26 trillion fund in a statement on Friday said it is important...
LONDON, May 30 (AFP): European stock markets were mixed on Friday, with many traders away for a long holiday weekend and the mining sector hit by concern about Chinese demand, dealers said. London's FTSE 100 index of top companies dipped...
The local currency maintained a stable tone during the week of May 25 to May 29 last and traded around 77.63 levels. The market will see the same tone in the upcoming week as well. The average daily inter-bank USD/BDT...
Now that the shutting down of noncompliant readymade garment (RMG) factories is apparently the only recourse to demonstrate the government's vigilance in implementing its action programme, the issue of jobless workers is fast emerging as a serious problem with no...
Rahman Jahangir | 2014-05-31 00:00:00
Dhaka city with over 15 million people is just gasping for life amid intolerable traffic jams. With it, environmental pollution and unplanned urbanisation have led to rating of the Bangladesh capital as one of the worst cities in the world....
Ridwan Quaium | 2014-05-31 00:00:00
Road safety warning signs, in addition to pavement markings, are provided to warn road users of potentially hazardous conditions on or adjacent to the road. These signs speak of conditions which require caution from the driver and may require a...
Gulshan Lake, situated in a posh area of the city, is in a critical condition. 'Gulshan', a Persian word, meaning flower garden but ours is nothing but a filthy sanitary and washing pool. Rajuk had the moral responsibility of beautifying...
It is heartening to know that the government has enacted 'Safe Food Law (2013)' to prevent widespread food adulteration and to ensure availability of safe food in the country. The government has also formed a single agency styled 'Bangladesh Food...
Maswood Alam Khan from Cockeysville, Maryland, USA | 2014-05-31 00:00:00
Farid, from Bangladesh, and Prashanta, from India, work at a pizza store on Veirs Mill Road at Wheaton in Maryland. They work almost every day; both of them get hefty overtime pay as they work for more than 40 hours...
Dipok Kumar Roy | 2014-05-31 00:00:00
The Social Safety Net Programmes (SSNPs) are definitely a good step in providing equal opportunities, upholding fundamental rights and improving the living standard of the poor and vulnerable groups. The total budget for the SSNP in the fiscal year (FY)...
M. A. Jabbar | 2014-05-31 00:00:00
The member-states of the World Health Organisation (WHO) launched the World No Tobacco Day in 1987 to draw global attention to the tobacco epidemic, and the preventable deaths and diseases it causes. In 1988, Resolution WHA42.19 was passed, calling for...
Shobha Shukla | 2014-05-31 00:00:00
Tobacco related illness kills nearly 6.0 million people each year, accounting for 1 in 10 of all deaths globally. More than 5.4 million of these deaths are the result of direct tobacco use while more than 600,000 are due to...
Jamal Uddin | 2014-05-31 00:00:00
Smartphones are slowly occupying the country's feature-phone market as the demand for them continues to rise following introduction of 3G or third generation internet services coupled with affordable prices. The sales of smartphones currently hover around 40 per cent or...
FE Report Commerce Minister Tofail Ahmed on Friday said the government is placing importance on campaign to boost earnings from the country's tourism industry. "Bangladesh is a beautiful country. Tourism industry might emerge as one of the major sources of...
Ismail Hossain | 2014-05-31 00:00:00
A France-based business consultancy in association with the Export Promotion Bureau (EPB) of Bangladesh is going to help Bangladeshi apparel makers participate in a Paris textile fair scheduled for September. Bangladesh Business Consulting (BBC), headed by a Bangladeshi-French businessman, is...
FE Report Hatim Group, which manufactures plastic, PVC products, electronic and household articles, organised an annual dealers' conference 2014 at a city hotel Friday. More than four hundred dealers along with high officials of Hatim Group were present at the...
Talha Bin Habib | 2014-05-31 00:00:00
The government in association with private businesses has taken a move to raise exports to African countries, officials have said. With this end in view the Export Promotion Bureau (EPB) has set a target to increase exports to Africa to...
DETROIT, May 30: Ford Motor Co said on Thursday it is recalling 1.39 million SUVs and sedans in North America, most for the possible loss of power steering. About 1.186 million of the vehicles Ford said it is recalling are...
MUNICH, May 30: German conglomerate Siemens confirmed on Friday that some 11,600 jobs would be affected by a restructuring unveiled by Chief Executive Joe Kaeser earlier this month, but said not all of these positions would necessarily be cut. In...
SINGAPORE, May 30: Oil prices were mixed in Asia Friday as traders took a breather after recent gains, but signs of stronger US gasoline demand and escalating tensions in Ukraine provided support. US benchmark, West Texas Intermediate (WTI) for delivery...
Export earning from the USA, the largest export destination for Bangladesh goods, witnessed a 5.0 per cent growth during the first ten months (July-April) of the current fiscal year (FY), 2013-14, mostly due to good performance of the RMG (readymade...
The Power Division has been in a great dilemma over revising the existing mandatory provision on 'rooftop solar panel installation provision' prior to getting new electricity connection, reports UNB. Official sources said following a push by the country's real estate...
Bangladesh Bank (BB) has allowed two commercial banks -- Bank Asia Ltd and NRB Commercial Bank Ltd -- to conduct agent baking activities, reports BSS. From now on, Bank Asia Ltd will be able to appoint 30 agents while NRB...
Election of Abu Dhabi Chamber of Commerce and Industry (ADCCI)-2014 will take place on June 12 in Abu Dhabi where a Bangladeshi businessman is competing in the foreign quota, reports BSS. Mohammad Yusuf Sharif Tipu, the lone candidate of the...
SANTIAGO, May 30 (AFP): Nearly $185 billion poured into Latin America and the Caribbean in foreign direct investment last year, a record for the region, a UN agency said yesterday. Brazil and Mexico were the biggest beneficiaries of foreign investment,...
Indian rupee up 8 paise Vs dollar in early trade MUMBAI, May 30: The rupee recovered by eight paise to 58.95 against the US currency in early trade today on the Interbank Foreign Exchange market on dollar selling by exporters....
With the growing dependency of Dhaka Water and Sewerage Authority (WASA) on surface water, the risk of consuming unsafe water goes up as its conventional water treatment system cannot entirely remove harmful chemicals and surface metals, reports UNB. According to...
Speakers at a discussion in the city demanded on Friday that the government increase taxes on all kinds of tobacco products and declare it as an 'addictive drug' as soon as possible, reports UNB. They also stressed the need for...
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