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BB to introduce banking for street children on May 31

2014-05-29 00:00:00

After introducing various types of banking services for farmers, sharecroppers and some other underprivileged people, Bangladesh Bank (BB) is now set for bringing street children under institutional financial support, reports BSS Governor Dr Atiur Rahman will inaugurate the new horizon...

GE offer for Alstom has improved, French official says

2014-05-29 00:00:00

PARIS, May 28 (Reuters) :  US conglomerate General Electric has improved its offer for French train and turbine maker Alstom, notably concerning the impact on jobs, an official at French President Francois Hollande's office said on Wednesday. The comments, which...

News in Brief

2014-05-29 00:00:00

US seeks light on shadowy online data collection WASHINGTON, May 28 : US regulators called Tuesday for more transparency from data brokers, citing potential for abuse in a rapidly growing industry that buys and sells information on people's Internet and...

Photo: CSR activities of Janata Bank

2014-05-29 00:00:00

Does it signal Delhi\\\'s desire to improve ties with neighbours?

Zaglul Ahmed Chowdhury | 2014-05-29 00:00:00

The presence of the south Asian leaders at the swearing-in ceremony of the new Indian prime minister Narendra Modi is the first "diplomatic coup" by the new government even before it took over the reins of the largest democracy of...

UN Peacekeepers: A force for peace, change and the future

Maswood Alam Khan from Cockeysville, Maryland, USA | 2014-05-29 00:00:00

There is a difference between peacekeeping and peacemaking. Peacemaking is much more daunting than peacekeeping. The United Nations (UN) can do both if only they are not short of resources and have all the major powers solidly behind them. The...

Strike that serves no one\\\'s interest

2014-05-29 00:00:00

Dhaka's traffic system is messy. It got messier with the capital's 13,000 compressed natural gas-run auto-rickshaws observing strike on Tuesday as part of the 72-hour strike they called. They have threatened an indefinite strike if their demands are not met....

What makes one a good stock investor

Abu Ahmed | 2014-05-29 00:00:00

John Mayard Keynes, the famous economist of early 20th century, was also a great stock investor. But the world as a whole and the students of economics in particular know him more as an economist who was not surpassed in...

Empowering women: Empowering Bangladesh

Tania Sultana and Shariful Islam | 2014-05-29 00:00:00

The World Development Report 2012 finds that 'gender equality and economic development are inextricably linked'. But unfortunately, 'despite many international agreements affirming their rights, women are still much more likely than men to be poor and illiterate, have less access...

PM\\\'s Japan Visit: A milestone in Japan-Bangladesh relation

2014-05-29 00:00:00

Prime Minister Sheikh Hasina's visit to Japan has created a lot of positive vibes in the diplomatic circle. Japan has always been a good friend of the Bangladeshi People. Japan is one of our largest development partners and many big...

Buriganga at guillotine

2014-05-29 00:00:00

Recently I had been to the old part of the city. While passing through Kamrangir Char and Keranigonj area sitting on the back of a motor bike, I enjoyed the sites of different places of south Dhaka. Slices of roads...

Electricity short circuit

2014-05-29 00:00:00

Frequently we learn through media that most of the fires in the buildings are due to short circuit of electricity. Unfortunately many of the electrical cable makers and other electrical goods producers do not use the proper materials. Normally house...

Jatiya Sangsad Bhavan

2014-05-29 00:00:00

Good sense has prevailed and the authorities have initiated steps to bring back the main drawings of the Jatiya Sangsad Bhavan by architect Louis Kahn. The Jatiya Sangsad Bhavan was formally opened on Jan 28, 1982. It represents Bangladeshi culture...

RMG sector: Getting paid as you perform

Asif Reza Akash | 2014-05-29 00:00:00

The ready-made garment (RMG) sector that began its journey in the 1980s has emerged the biggest part of our manufacturing industry. Now, it employs more than 4.5 million workers, mainly women from low income families. But the main problem that...

A story of two prime ministers

S Iftikhar Murshed from Pakistan | 2014-05-29 00:00:00

Mian Nawaz Sharif, a protege of the military dictator General Ziaul Haq, is a unique person in his own right. On June 05 he will be completing the first year of his third prime ministerial term - a feat that...

DSE sees buying spree on large cap scrips

FE Report | 2014-05-29 00:00:00

After previous day's turnaround, market remained upbeat Wednesday with turnover crossing Tk 3.0 billion-mark as investors went for buying spree on large cap scrips amid optimism. The market opened with a positive note and the upward trend continued till the...

Robi sees robust growth in revenues, profitability in Q1

FE Report | 2014-05-29 00:00:00

Robi Axiata Ltd has announced the first quarter financial results reporting a strong growth in revenues and profitability as the Company recovered from the dip in revenue, EBITDA (Earnings Before Interest Tax, Depreciation and Amortisation) and PAT (Profit After Tax)...

BD businessmen expect to double annual trade with Philippines

Talha Bin Habib | 2014-05-29 00:00:00

Country's businessmen are expecting to double the annual bilateral trade with the Philippines within the next few years considering the potential between the two countries, a joint chamber leader said. "There is potential to increase annual bilateral trade with the...

News Briefs

2014-05-29 00:00:00

Completion of shares sale/ buy/transfer Islami Bank: Bangladesh Islamic Centre, one of the Corporate Sponsors of Islami Bank Bangladesh Ltd., has further reported that it has completed its sale of 2,05,000 shares of the Company at prevailing market price through...

Photo: PATUAKHALI: A forlorn shoreline of Ramnabad river along Kalapara,

2014-05-28 00:00:00

Photo: CHAPAINAWABGANJ: After a long spell of humid weather

2014-05-28 00:00:00

Modi urges Sharif to crack down on militant groups for better ties

2014-05-28 00:00:00

NEW DELHI, May 27, (agencies): India's new Prime Minister Narendra Modi called on his Pakistani counterpart Nawaz Sharif to crack down on militant groups on Tuesday, while stressing his desire for better relations and trade, the foreign ministry said. Modi...

New Indian cabinet formed

2014-05-28 00:00:00

NEW DELHI, May 27 (AFP): New Indian Prime Minister Narendra Modi announced his cabinet Tuesday, combining several portfolios to cut the number of government positions and giving many regional politicians their first national experience. The following is a list of...

Thai army detains ex-minister

2014-05-28 00:00:00

BANGKOK, May 27 (AFP): Thai soldiers swooped to detain a fugitive former cabinet minister on Tuesday after he emerged from hiding to become the first member of the ousted government to publicly denounce a military coup. In dramatic scenes played...

Russia for end to violence in Ukraine

2014-05-28 00:00:00

MOSCOW, May 27, (AFP): Russia Tuesday called for an "immediate end" to violence in eastern Ukraine after 40 people were killed in fighting between government forces and pro-Moscow rebels. Maintaining Moscow's tough tone after the weekend election of Ukraine's new...

‘India for inclusive ties with S Asian countries’

2014-05-28 00:00:00

India wants to build cordial, friendly and inclusive ties with the South Asian countries and the Prime Minister has a vision for friendly cooperation with each of the Saarc countries, said its new External Affairs Minister on Wednesday. “Prime Minister...

Sisi eyes big turnout as Egypt vote wraps up

2014-05-28 00:00:00

CAIRO, May 27, (AFP): Egypt was wrapping up a presidential election Tuesday with frontrunner ex-army chief Abdel Fattah al-Sisi eyeing a strong turnout to give credibility to his overthrow of the elected Islamist president. The retired field marshal's supporters have...

Indian special task force to find \\\'black money\\\'

2014-05-28 00:00:00

India has set up a special task force to find illicit money, in one of the first decisions taken by the government of new Prime Minister Narendra Modi. The special investigation team (SIT) would seize "black money" - cash that...

news digest

2014-05-28 00:00:00

Malaysia releases satellite data on missing jet KUALA LUMPUR, May 27: The Malaysian government on Tuesday released 45 pages of raw satellite data it used to determine the flight path of the missing jetliner, information long sought by relatives of...

European stocks end mixed

AFP | 2014-05-28 00:00:00

 LONDON: Europe's main stock markets ended mixed on Wednesday, with Frankfurt's DAX 30 dipping 0.02 percent from a record high close to 9,939.17 points. London's FTSE 100 index of top companies added 0.09 per cent to 6,851.22 points, and the...