TAIPEI, Apr 7 (AFP) : Taiwan's struggling smartphone maker HTC posted a net loss of Tw$1.88 billion ($62.3 million) in the first quarter, a figure far worse than the Tw$1.59 billion analysts forecast. Sales in the three months to March...
A high-powered committee will be formed to formulate a time-bound National Sports Policy with a view to protecting youths from moral degradation by encouraging them in sports. The decision was taken at a meeting of the National Sports Council (NSC)...
Yasir Wardad | 2014-04-08 00:00:00
'Undercutting' has now posed a great threat to the oversaturated jute spinning sector. This is depriving the country of a large amount of export earnings and also giving the importers a bargaining power, industry insiders said. The ominous trend has...
Shamsul Huda | 2014-04-08 00:00:00
The updated Bangladesh National Building Code (BNBC), aiming to avoid disasters, is likely to receive approval by June this year. A good number of changes will take place for the first time after twenty years since the drawing up of...
FE Report | 2014-04-08 00:00:00
State Minister for Posts, Telecommunications and Information Technology Junaid Ahmed Polok Monday assured IT freelancers of extending all possible support to groom them as entrepreneurs. "I am assuring you (freelancers) of all sorts of government support so that you can...
Sonia H Moni | 2014-04-08 00:00:00
The country's frozen food exporters are in financial constraints over purchasing shrimp due to non-availability of pending cash incentives from the government. The industry insiders said the government is yet to release the cash incentives worth Tk 2.0 billion they...
The world's largest bloc of Islamic countries says that 14 non-governmental organisations have pledged $300,000 dollars to establish a new office that seeks to improve international coordination to assist Muslims affected by natural disasters and wars around the world. It...
SEOUL, Apr 7 (AFP): South Korea and Australia will sign a free trade deal this week, South Korean President Park Geun-Hye said Monday, after four years of negotiations on the pact. "Tomorrow, we will sign a free trade agreement with...
YANGON, Apr 7 (Xinhua): Myanmar's economic growth is expected to pick up to an annual rate of 7.8 per cent for the next two fiscal years (2014-15 and 2015-16), according to the press release of Asia Development Bank (ADB) available...
KUWAIT CITY, Apr 7 (AFP): Kuwaiti Oil Minister Ali al-Omair said Monday that current oil prices are "fair" despite strong geopolitical factors impacting the region. OPEC member Kuwait is the world's fourth-largest oil exporter, pumping around 3.0 million barrels per...
TOKYO/MUMBAI, Apr 7 (Reuters): India's Sun Pharmaceutical Industries Ltd has agreed to buy generic drugmaker Ranbaxy Laboratories Ltd for $3.2 billion, betting it can fix factory quality glitches that plagued the current owner, Japan's Daiichi Sankyo Co, and got Ranbaxy...
Huawei, a leading global information and communications technology (ICT) solutions provider, released recently its audited 2013 financial results delivering record sales revenues and net profit. Huawei's financial performance was strong across all business areas in 2013, achieving steady growth and...
SINGAPORE, Apr 7 (AFP) : Crude prices dropped in Asian trade Monday after rebels agreed to reopen two of the four blockaded oil terminals in eastern Libya, analysts said. New York's main contract West Texas Intermediate (WTI) for May delivery...
SINGAPORE, Apr 7 (AFP) : The World Bank said Monday developing countries in East Asia will record economic growth of 7.1 per cent in 2014, as they benefit from a stabilising global economy and withstand the impact of US stimulus...
TOKYO, Apr 7 (AFP) : The dollar faced downward pressure in Asia on Monday as investors bet the Federal Reserve will not speed up the pace of tapering of its stimulus programmeme after last week's US jobs report matched forecasts....
SYLHET: A number of female students of the Public Administration Department at Shahjalal University of Science and Technology (SUST) have raised allegations of sexual harassment against one of their teachers, according to a news agency. About 30 female students of...
BERLIN, Apr 7 (Reuters) : General Motors' European brand Opel plans to start selling an all-electric compact car no later than by 2017 as the automaker is striving to meet EU emission targets, Automobilwoche reported on Sunday. The new model,...
Hasnat Abdul Hye | 2014-04-08 00:00:00
Conspicuous consumption, as most people know, is that which is out of the ordinary. It is not needed for day-to-day living, nor for survival. Consumption becomes conspicuous when its superfluity and excess become apparent. It comes with a hefty price...
Zaglul Ahmed Chowdhury | 2014-04-08 00:00:00
As India is in the midst of national elections, speculations are galore about the shape of its relations with Bangladesh in the coming days. Indo-Bangladesh ties are being discussed in the context of a possible change of guards in the...
Fahmina Rahman | 2014-04-08 00:00:00
Companies that consider layoffs usually do it in a bid to cut costs and overcome their financial crisis. The global economic crisis that began in 2007 forced many companies to lay off their employees, but studies showed that it had...
The move by the Bangladesh Bank (BB) to create a Tk 2.0-billion fund for refinancing the country's jute mills - both state-owned and private - and raw jute traders has merit but is fraught with risks. This follows the government's...
Abdul Bayes | 2014-04-08 00:00:00
For the sake of simplicity, an expression of willingness on the part of a household to borrow money from any source would be taken as a proxy for demand for credit by that household. During a census by BRAC in...
Manjushree Maharjan and Aminul Islam Sujon | 2014-04-08 00:00:00
Water bodies in Dhaka city are crucially important for recharging and replenishing the underground water. Gulshan Lake is an invaluable water reservoir in the city. It helps to control temperature and moisture in the surroundings and supports large varieties of...
Yes! Finally, Sri Lanka has cast away the jinx of reaching the finals but not getting the much coveted trophy. Sri Lanka reached the finals four times prior to this T-20 final match. But, unfortunately, every time it failed to...
Although the Australian (men) Cricket Team hugely disappointed its supporters in the recent Twenty-Twenty World Cup but the women team didn't. It won the fourth ICC Women Twenty-Twenty World Cup emphatically beating England women's team by six wickets. The Australian...
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