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\\\'E-commerce fair at union level\\\' from next year

FE Report | 2014-04-29 00:00:00

The government would organise e-commerce fair at union level across the country from next year in a bid to spread the blessings of information technology (IT) among mass people especially to help the small and medium entrepreneurs. Secretary of Posts,...

ACC scraps probe into non-funded part

2014-04-29 00:00:00

The Anti-corruption Commission (ACC) has revoked its ongoing probe into the non-funded part of the much-talked-about Sonali Bank loan scam, as the anti-graft body found it out of its jurisdiction. "Sonali Bank and Bangladesh Bank will conduct probes in the...

IMF projects 5.4pc growth in Asia this year

2014-04-29 00:00:00

HONG KONG, Apr 28 (Xinhua): Economic growth in Asia is projected to remain steady at 5.4 per cent in 2014 and 5.5 per cent in 2015, the International Monetary Fund (IMF) said in a report published on Monday. External demand...

Chinese co to invest $7.29m in CEPZ

2014-04-29 00:00:00

M/s Glen Stationary (Bangladesh) Limited, a Chinese company, will set up a ballpoint pen manufacturing industry in Chittagong Export Processing Zone (CEPZ) investing US$7.29 million. In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and...

Photo: Agrani Bank

2014-04-29 00:00:00

Photo: Chittagong-Bangkok flight of Regent Airways

2014-04-29 00:00:00

Japan for regional banks for joint overseas lending

2014-04-29 00:00:00

TOKYO, Apr 28 (Reuters): Japan's banking regulator is pushing regional banks to set up joint operations to help small and medium-sized Japanese firms expand abroad by offering foreign currency-based transactions and overseas loans, sources with direct knowledge of the matter...

Korea-bound jobseekers press for visa issuance by June

FE report | 2014-04-29 00:00:00

A section of south Korea-bound Bangladeshi jobseekers on Monday threatened to seize the Bangladesh Overseas Employment and Services Limited (BOESL) office unless a five-point demand including issuance of visas for the enlisted workers is met by June 5. They also...

Loan scam: BB to intensify monitoring, ACC launches probe against Ananda

2014-04-29 00:00:00

Bangladesh Bank (BB) is strengthening its monitoring adopting the latest IT (information technology)-based system to make foolproof its surveillance on the banking sector, report agencies. "The central bank initiated strengthening of its monitoring after some big credit scams by Hallmark...

Plough on with trade policy reform

Our Correspondent | 2014-04-29 00:00:00

CHITTAGONG, Apr 28: Speakers at a seminar Saturday emphasised continuous reform and development of the trade policies as well as coordination of the government agencies concerned for implementing the specialised economic zones (SEZs). They also focussed on policy framework and...

Gaibandha: A model of successful biogas production, use

2014-04-29 00:00:00

GAIBANDHA, Apr 28 (BSS): Low-cost biogas, an alternative fuel for cooking purpose, has become popular among the people in different areas of the district. For the last couple of years biogas has been in use for cooking purpose and the...

News in brief

2014-04-29 00:00:00

Yen edges up in Asia on Ukraine tensions TOKYO, Apr 28 : The yen edged up in Asia Monday as jittery investors watched the latest developments in the Ukraine crisis, while awaiting meetings of the US and Japanese central banks...

Govt moves to cut caffeine in soft drinks

2014-04-29 00:00:00

Shamsul Huda A gazette notification on reducing high level of caffeine in carbonated soft drinks is in the process being issued by the government following final recommendation from the review committee, officials say. They say the existing level of caffeine...

Oil rises above $110

2014-04-29 00:00:00

LONDON, Apr 28 (Reuters): Brent crude oil rose above $110 a barrel on Monday, close to a seven-week high, as tensions mounted in eastern Ukraine and Libya delayed the reopening of a damaged eastern port. The United States and Europe...

Gold steady, platinum up

2014-04-29 00:00:00

LONDON, Apr 28 (Reuters): Gold prices steadied above $1,300 an ounce on Monday, underpinned by concerns that tensions in Ukraine could escalate, while platinum outperformed as a strike across the South African platinum belt entered a third month. The stand-off...

Potato prices 100pc higher in cities than farm level

2014-04-29 00:00:00

Yasir Wardad Potato prices in the city's kitchen markets are higher by more than 100 per cent against the rates prevailing at the farm level, officials said. Farmers in the potato hubs across the country have incurred heavy losses in...

NRB investors \\\"bilked\\\" by Dhaka Regency Hotel

FE Report | 2014-04-29 00:00:00

Foreign investors of Bangladeshi origin have alleged that the Dhaka Regency Hotel and Resort has cheated them in the hotel stakes in their fund worth Tk 500 million. A total of 120 non-resident Bangladeshi investors organised a press briefing on...

Global Commodity Prices

2014-04-29 00:00:00

Biman sinking in loss

Syed Jamaluddin | 2014-04-29 00:00:00

Future pollution-free automobile fuel

SA Mansoor | 2014-04-29 00:00:00

An AFP news item, that was tucked away and forgotten possibly by most of us, was published in a corner of the last page of their separate regular 'Business' supplement of a local English daily in November last year. As...

Borrowing more from external sources

2014-04-29 00:00:00

External assistance is a pressing need for a low-income country like Bangladesh to carry out its development activities. The surplus it generates after meeting its annual recurring expenditures is not enough to support development budgets, which, according to many, are...

RMG: Remaining engaged is all

Wasi Ahmed | 2014-04-29 00:00:00

Uncertainty shrouding the country's readymade garment (RMG) industry is far from over. Although exports have demonstrated strong resilience despite many odds during the last one and a half years, it now seems that the threats looming over the sector are...

Two popes, two saints

Frank Peters | 2014-04-29 00:00:00

Sunday, April 27, 2014 is a day in the annals of history that no Christians is likely to forget and many non-Christians will remember forever. Two popes were canonised saints and two living popes were present to witness. The Vatican...

Silence of law enforcers on abduction

2014-04-29 00:00:00

The incidents of forced disappearance have been rising for the last few years. The common people are anxious as they don't know who is going to be the next victim. Since the criminals behind these abductions and forced disappearances are...

Harassment even in Biman

2014-04-29 00:00:00

Two passengers of Biman were fined for sexually harassing two female passengers in a Dhaka-bound flight from Dubai. The offenders were well-off, educated and above 40. When the flight landed, the female passengers lodged a complaint upon which a mobile...

We are proud of Nina Ahmad

2014-04-29 00:00:00

Dr N Nina Ahmad is the first Bangladeshi nominated to join the Obama administration. This brilliant lady is going to be one of the members of 14-member advisory commission on Asian Americans and Pacific Islanders (AAPIs). Nina Ahmad is the...

After Rana Plaza, what comes next?

Sonya Syafitri and Mohammed Norul Alam Raju | 2014-04-29 00:00:00

On April 24, 2013 the Rana Plaza, an eight-storied commercial building, collapsed at Savar off Dhaka city. On May 13, just 21 days after the accident, search for the dead ended with the death toll standing at 1,131. Approximately 2,515...

Get ready for mass upsurge, Fakhrul asks BNP activists

2014-04-29 00:00:00

Accusing the government of committing crimes against humanity, BNP acting secretary general Mirza Fakhrul Islam Alamgir asked Monday his party's leaders and activists to get ready for staging a mass upsurge to force the regime to stop killing, forced disappearance...

Muhith to attend ADB\\\'s board meet at Astana

2014-04-29 00:00:00

Finance Minister AMA Muhith will leave Dhaka today (Tuesday) for Kazakhstan to attend the 47th annual meeting of the board of governors of the Asian Development Bank (ADB) beginning at Astana on May 2, reports BSS. According to the ministry...

It\\\'s sceptical about full-term acceptance of current JS

2014-04-29 00:00:00

Visiting German parliamentary delegation chief Dagmar Woehrl said Monday the current Parliament of Bangladesh might not enjoy sufficient acceptance by the people for going the full five-year distance, reports UNB. She conveyed Bundestag's (German national Parliament) concerns regarding the issue...