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Photo: The 4th meeting of the board of directors of Bangladesh Thai Chamber of Commerce & Industry (BTCCI)

2014-06-15 00:00:00

Solar module plants seek duty on import

Shamsul Huda | 2014-06-15 00:00:00

Local solar module assemblers are seeking support from the government to stay in the race as they are facing a tough competition with importers of cheaper panels. A module manufacturer said: "We need protection from the government and everywhere of...

US growth accelerating through 2015: OECD

2014-06-15 00:00:00

WASHINGTON, June 14 (Reuters): The US economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the Organization for Economic Cooperation and...

S&P revises Britain outlook to stable from negative

2014-06-15 00:00:00

LONDON, June 14 (AFP): Standard & Poor's lifted Friday its outlook on Britain's credit rating to stable from negative, citing the broad recovery and progress in consolidating public finances, and confirmed its top 'AAA' assessment. "Standard & Poor's Ratings Services...

Ireland\\\'s official trade surplus widens in April

2014-06-15 00:00:00

DUBLIN, June 14 (AFP): Ireland's trade surplus widened by almost a fifth in April as imports fell at a greater rate than exports, official data showed Friday. A trade surplus is one of the main factors of growth in an...

Photo: AMRITSAR, India: Welfare Society members distribute food to passers-by

2014-06-15 00:00:00

China expands investment in LatAm

2014-06-15 00:00:00

SANTA CRUZ DE LA SIERRA, Bolivia, June 14 (AFP): China, whose presence in Latin America (LatAm) until now was largely based on an appetite for raw materials, is diversifying investments by financing much needed development projects, analysts say. At a...

EU for inclusion of financial rule in FTA deal with US

2014-06-15 00:00:00

WASHINGTON, June 14 (Xinhua): A top European Union (EU) official on Friday continued to push for the inclusion of financial regulation in a free trade agreement with the United States, saying it's vital to ensure global financial stability. "The EU...

Britain tackles rising house prices

2014-06-15 00:00:00

LONDON, June 14 (AFP): Britain's finance minister George Osborne has unveiled measures aimed at curbing London's surging house price inflation, as the Bank of England stands ready to finally raise interest rates. It comes as Fitch on Friday affirmed its...

IMF urges Sweden to cool down real estate market

2014-06-15 00:00:00

STOCKHOLM, June 14 (AFP): The International Monetary Fund (IMF) Friday urged Sweden to cool its booming real estate market, which is causing a high level of household debt, warning of an "increasing concern" of financial instability. House prices rose by...

Photo: ATHENS: Cleaners laid-off by the Finance ministry are pushed back by riot police in their attempt to protest outside the ministry

2014-06-15 00:00:00

Photo: SEOUL: A woman eating in an alleyway restaurant

2014-06-15 00:00:00

FAO urged to include BD in Blue Economy Initiative

2014-06-15 00:00:00

Bangladesh has called upon Food and Agriculture Organisation (FAO) of the United Nations to include Bangladesh in its Blue Economy Initiative. Fisheries and livestock minister Muhammed Sayedul Hoque made this call at a meeting with director general of FAO Jose...

Bangladesh delegation meets IFAD president

2014-06-15 00:00:00

Bangladesh delegation to the 31st FAO Committee on Fisheries (COFI) Conference led by fisheries and livestock minister Muhammed Sayedul Hoque met with president of International Fund for Agricultural Development (IFAD) Dr Kanayo F Nwanze in Rome, Italy on June 12,...

Ukraine expects new gas talks with Russia

2014-06-15 00:00:00

KIEV, June 14 (Reuters): Ukraine is expecting delegations from Russia and the European Commission to arrive in Kiev on Saturday to resume talks on a gas pricing dispute, a Ukrainian government source said. Russia has threatened to cut off natural...

Iraq violence sends oil prices surging towards $115

2014-06-15 00:00:00

LONDON, June 14 AFP): Oil hit a nine-month peak this week as unrest erupted in key OPEC crude producer Iraq, while haven investment gold struck a multi-week high as many investors sought safety. The Iraqi government bolstered Baghdad's defences on...

Global Commodity Prices

2014-06-15 00:00:00

Budget 2014-’ 15: High bets, big risks

Asjadul Kibria | 2014-06-15 00:00:00

Every year, a number of experts and economists in the country find the size of the national budget to be quite big, and thus unrealistic or impossible for full implementation. This year is also no exception as some have already...

Clear roadmap for attaining budget targets needed

Jafar Ahmed Chowdhury | 2014-06-15 00:00:00

The parliament is humming with budget discussion. The pros and cons of the budget, placed the Finance Minister on June 05, 2014, are also being discussed in various forums everyday. In fact, there are various aspects of the budget which...

What\\\'s happening in Iraq?

Jason Fields of Reuters | 2014-06-15 00:00:00

The Iraq created in large part by the United States after the 2003 invasion appears to be collapsing. The U.S. military disabled Saddam Hussein's forces in short order. Then the straightforward part of the war ended. The American-led Coalition Provisional...

Concerns about possible escalation of Ukraine crisis have risen: ECB

Eva Taylor of Reuters from Frankfurt | 2014-06-15 00:00:00

The European Central Bank said last week concerns have risen about a possible escalation of tensions between Ukraine and Russia which could affect the euro zone via trade, financial links and oil prices. Russia's annexation of Ukraine's Crimea region in...

Killing of poor job seekers

2014-06-15 00:00:00

Death, as it seems, stalks always the Bangladeshi job-seekers trying to enter foreign lands illegally. They die in high seas, deserts and jungles while making their bids to become illegal alien workers. However, it is not that the Bangladeshis are...

Accelerating export growth in RMG sector

Shahiduzzaman Khan | 2014-06-15 00:00:00

The projected export earnings target of US$34.20-billion from the readymade garments (RMG) sector for the upcoming fiscal year (FY) 2014-15 is unlikely to be achieved. Major stakeholders think that an 11 per cent rise in the earnings over the current...

Need for quick baggage handling at SIA

Aman Ullah | 2014-06-15 00:00:00

As the Shahjalal International Airport (SIA) is the gateway, many of our expatriate workers arrive there daily and they have to go through many hassles. Surely, these workers, who earn for the country precious foreign currency, do not deserve such...

World Cup: Shocking defeat of defending champions

2014-06-15 00:00:00

Football fans are shocked to see the result of the first match of the defending champions Spain when they suffered an ignominious defeat against Netherlands, 5-1. Surely Spain suffered the worst-ever loss by a champion. All credit goes to the...

Biman blues

2014-06-15 00:00:00

Media reports indicate that a huge amount of money is being spent for the Biman Bangladesh Airlines. The way it is being done is simply inconceivable. It reminds me of a saying "Shorkar ka mal; daria may dhal", meaning, 'empty...

Formalin-coated conscience

2014-06-15 00:00:00

A few days back I bought some mangoes from a roadside stall. Being asked the vendor informed me that the name of the mangoe is 'Amropali' and they taste good. I also knew that 'Amropali' tastes delicious. But while eating...

Introduce big size onion cultivation

2014-06-15 00:00:00

Though growing of onion in Bangladesh has increased in recent years, huge amounts of foreign exchange are spent for importing onion every year. Bangladesh Agriculture Development Corporation (BADC) and Agriculture Extension Department (AED) need to take a project to make...

It\\\'s not too late to love your father

Maswood Alam Khan from Maryland, USA | 2014-06-15 00:00:00

Today is Father's Day. Children will show their respect and love to their fathers. Cards and gifts will be pouring into fathers' mailboxes. There will be festivals around the world, honouring fathers and celebrating fatherhood, paternal bonds, and the influence...

India\\\'s economy poised to rebound

B K Mukhopadhyay from Kolkata | 2014-06-15 00:00:00

Tax consultants in India are now saying that the economic growth rate will improve to 6.2 per cent in current fiscal and can go up to 8.0 per cent in the next three years on back of favourable domestic and...