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Fake national ID cards

2014-04-23 00:00:00

Production of illegal national identity (ID) cards and passports are meant either for falsely proving the bona fide of a person when in reality s/he does not deserve the status. This is precisely done in some cases with the aim...

Outlook for global trade

Hasnat Abdul Hye | 2014-04-23 00:00:00

The World Trade Organisation (WTO) has made one of those announcements that it not so frequently does, a forecast for an uptick in global trade growth. According to news published recently, global commerce is set to grow by 4.7 per...

What\\\'s to do with heat wave?

Rahman Jahangir | 2014-04-23 00:00:00

What has been feared over the last few years seems to have finally struck Bangladesh: continuing heat wave as a consequence of global warming. The first one week after Pahela Baisakh has gone without rain or tornado which usually occurred...

Decline in the number of science students

2014-04-23 00:00:00

It is alarming that the students of our country have been losing their interests in science-based subjects day by day. It is surely not a good sign. If our country lags behind in science, it will only hamper our progress....

Shameful attack on journalists at RMCH

2014-04-23 00:00:00

I was shocked at the attack on journalists by the intern doctors of the Rajshahi Medical College and Hospital (RMCH). It is indeed a condemnable act and we don't expect such behaviours from doctors. Those studying medical science are certainly...

Hero Honda manufacturing unit in Bangladesh

2014-04-23 00:00:00

It is good that India's largest motorbike maker Hero Moto Corporation is all set to set up a manufacturing unit in Bangladesh. It will invest USD 40 million in this plant in next five years. It will be a full-fledged...

Averting tragedies in garment factories

Pamelia Khaled | 2014-04-23 00:00:00

"While women find liberty in hard labour in the garment industry, the grim reality is garment factory workers toil for paltry wages. Nevertheless, such jobs have offered Bangladeshi girls a measure of independence in a traditional Muslim society." The above...

Pakistan: Growing domestic insecurity

Yasmeen Aftab Ali from Pakistan | 2014-04-23 00:00:00

Legally, the rule of law requires 'the government to exercise its authority under the law'. This requirement is sometimes explained with the phrase 'no one is above the law'. The rule of law requires the government to exercise its power...

MoF asks BSEC to shoulder rent for spl tribunal space

FE Report | 2014-04-23 00:00:00

The ministry of finance (MoF) has asked the securities regulator to bear the rent of floor space, required to set up a special tribunal for the capital market, from its own funds until the law ministry gets budget allocations, officials...

IFIC Bank opens mobile banking

FE Report | 2014-04-23 00:00:00

Bangladesh Bank (BB) Governor Atiur Rahman has underscored the need for cooperation among the central bank, telecom regulator and operators, and different delivery service providers in order to expedite mobile banking activities in the country. The BB Governor said this...

ICC workshop for bankers in KL begins today

2014-04-23 00:00:00

ICC Bangladesh is organizing jointly with ICC Malaysia a workshop on Rules and Tools for International Trade Finance in Kuala Lumpur on 23 - 25 April for bankers from Bangladeshi banks, said a press release. A total of 90 bankers...

News Brief

2014-04-23 00:00:00

AB Bank chairman, vice chairman re-elected Mr. M. Wahidul Haque was re-elected as the Chairman of the Board of Directors of AB Bank Limited at the Board meeting held on Monday. Mr. Salim Ahmed has also been re-elected as the...

Photo: Trust Bank Limited

2014-04-23 00:00:00

Photo: Madhumati Bank Limited

2014-04-23 00:00:00

‘Sleep disorder’ causes poor performance at workplaces

FE Report | 2014-04-23 00:00:00

Philips India Ltd (PIL), a diversified health company, Tuesday strongly emphasised on creating greater awareness about 'sleep disorder' among the people to mitigate the problem as it causes serious diseases like brain stroke and poor performance at the workplaces. At...

Investors book short-term profits

FE Report | 2014-04-23 00:00:00

The market inched up for the fourth consecutive session Tuesday amid volatile trading with sluggish turnover as investors booked short-term profits and rebalanced their portfolios. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 11.24 points...

Sensex ends flat after hitting record highs

2014-04-23 00:00:00

MUMBAI, Apr 22 (Reuters): The BSE Sensex ended flat on Tuesday after hitting record highs for a second consecutive session as momentum waned ahead of the expiry of monthly derivative contracts and on expectations that current levels sufficiently price in...

ILFSL recommends 5% cash dividend

2014-04-23 00:00:00

The Board of Directors of International Leasing And Financial Services Limited (ILFSL) has recommended 5% cash dividend for 2013 to be approved in the upcoming 18th Annual General Meeting of the Company scheduled to be held on 29th May 2014....

European stocks rise on pharmaceutical shake-up

2014-04-23 00:00:00

LONDON, Apr 22 (Agencies): European stock markets rallied in morning deals on Tuesday as shares in pharmaceutical groups surged owing to a major reshaping of the sector. London's benchmark FTSE 100 index climbed 0.79 per cent to 6,677.55 points compared...

NRBCB\\\'s RM, AC chairmen elected

2014-04-23 00:00:00

Engr. Syed Munsif Ali and Mr. Mohammed Adnan Imam FCCA have been elected Chairman of Risk Management & Audit Committee respectively of NRBCB in the 18th Board meeting held on April 02, 2014. Engr. Syed Munsif Ali completed B.sc. in...

Photo: Investment Corporation of Bangladesh (ICB)

2014-04-23 00:00:00

Photo: Appollo Ispat Complex Ltd

2014-04-23 00:00:00

Rehab for housing sector secondary mkt

FE Report | 2014-04-23 00:00:00

The nation's realtors have proposed that the government introduce a secondary market for the real estate sector, slash flat registration taxes and continue the existing facility to legalise "undisclosed" money. The Real Estate and Housing Association of Bangladesh (REHAB) leaders...

Ecnec okays China-aided telecom network expansion project

FE Report | 2014-04-23 00:00:00

The government's highest economic policy-making panel ECNEC on Tuesday approved five development projects with a combined cost of Tk 20.72 billion including a telecommunication network expansion project. The approval came at the meeting of the executive  committee of the national...

Govt to set $70b export target in 7th five-year plan

FE Report | 2014-04-23 00:00:00

The government is set to fix the export target at US$70 billion in its 7th Five-Year Plan to be implemented at the end of the 6th Five-Year Plan next year, sources say. To achieve this objective the government plans to...

News Briefs

2014-04-23 00:00:00

Apple offering free recycling of all used products SAN FRANCISCO, Apr 22: Apple is offering free recycling of all its used products and vowing to power all of its stores, offices and data centers with renewable energy to reduce the...

Photo: BRAC Bank Limited

2014-04-23 00:00:00

Photo: HR Textile Mills Limited

2014-04-23 00:00:00

EPZs need 4.50m more skilled workers

2014-04-23 00:00:00

State Minister for Labour and Employment Md Mujibul Haque Chunnu on Tuesday said the Export Processing Zones (EPZs) need 4.50 million more skilled workers for its garment sector, reports UNB. "We've already selected 1,200 women from impoverished areas, including northern...

Bank loan helps hundreds get overseas jobs

2014-04-23 00:00:00

With phenomenal increase in the loan disbursement, Probashi Kallyan Bank (PKB), a specialised bank for expatriates' welfare, helped hundreds of people seeking livelihood in the oversees job market, reports BSS. The bank experienced sharp rise in its loan disbursement to...