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Customs suspects crews\\\' role in gold smuggling

Doulot Akter Mala | 2014-03-10 00:00:00

The customs authority smelt the involvement of influential quarters including airlines' officials and staffs with the gold smuggling that went up significantly in the recent months. This perception of the customs authority formed, as it was found that most of...

OIC to work with BD to develop micro enterprises

2014-03-10 00:00:00

FE Report Organization of Islamic Cooperation (OIC) will work together with Bangladesh in developing country's micro enterprises as well as micro credit. "Bangladesh is the pioneer in micro credit, so the OIC wants to get the Bangladesh's expertise and spread...

Automobile spare parts components exhibition held

2014-03-10 00:00:00

An exhibition of spare parts components of automobiles (bus, truck, car and motor cycle) was held at a city hotel recently. Commerce Minister Tofail Ahmed attended the programme as the chief guest, while Founder President of IBCCI & Chairman of...

Govt mulling nat\\\'l air cargo service

Rezaul Karim | 2014-03-10 00:00:00

The government is contemplating introduction of national air cargo service with a view to expand exports, official said. A proposal of Ministry of Commerce (MoC) in this regard was discussed at a meeting of the Ministry of Civil Aviation and...

HK-B’desh JV to set up garment accessories plant in Adamjee EPZ

2014-03-10 00:00:00

FE Report A Hong Kong-Bangladeshi joint venture (JV) plant is going to invest US$ 10 million for establishing a garment accessories industry in Adamjee Export Processing Zone (Adamjee EPZ). The company, M/S Euro-A Zipper Co (BD) Ltd, will produce 22...

Prize giving ceremony of Apex Children\\\'s Art Competition held

2014-03-10 00:00:00

The prize giving ceremony of the 3rd Apex Children's Art Competition was held at Apex Footwear Limited conference hall in the city recently, said a press statement. A total of nine participants were awarded in light of their excellent pictures,...

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2014-03-10 00:00:00

2 addl sales of tea auction soon

2014-03-10 00:00:00

CHITTAGONG, Mar 9: Two additional sales of tea in the current season will be held on 8 April and 15 April, said the auctioneers. In a press release the National Brokers Ltd today said the decision to hold two more...

Facebook-WhatsApp deal may face detailed scrutiny in India

2014-03-10 00:00:00

NEW DELHI, Mar 9: Facebook's $19 billion deal (Rs 1,16,000 crore) to acquire WhatsApp may face a detailed scrutiny by the country's fair trade regulator CCI, especially since both players have significant presence in India. The world's largest social networking...

US probing three major French banks

2014-03-10 00:00:00

NEW YORK, Mar 9: US authorities are investigating the French banks Societe Generale, BNP Paribas and Credit Agricole for embezzlement and violating American sanctions against other countries, a source close to the matter said Friday. Other big international banks were...

Flipkart sees $1.0b sales

2014-03-10 00:00:00

NEW DELHI, Mar 8: Flipkart, India's answer to US online giant Amazon, said Saturday its sales would cross the milestone $1 billion-mark this year, ahead of schedule, in the country's exploding e-commerce market. Founded in 2007 by two ex-Amazon.com employees...

Greece, Europe to emerge stronger from crisis: EU leader

2014-03-10 00:00:00

ATHENS, Mar 9 (Xinhua): Greece and Europe will emerge stronger from the current economic crisis, a confident European Commission President Jose Manuel Barroso said yesterday. The EU leader was addressing 800 participants at the 6th European Summit of Regions and...

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2014-03-10 00:00:00

Companies gear up for vote on Scottish independence

2014-03-10 00:00:00

LONDON, Mar 9 (AFP): Six months before Scotland votes in a referendum on whether to become independent from the rest of Britain, major companies are going public on their plans whatever the outcome. Firms ranging from Royal Bank of Scotland...

France\\\'s Bouygues in talks to sell mobile network

2014-03-10 00:00:00

PARIS, Mar 9 (AFP): French conglomerate Bouygues Telecom is ready to sell its cell phone antennas and frequencies to competitor Free to smooth its bid to take over Vivendi's SFR, its chief executive said Sunday. Bouygues Telecom is hoping to...

Iran receives 2nd tranche of payment under interim nuclear deal

2014-03-10 00:00:00

TEHRAN, Mar 9 (Xinhua): Iran received the second installment of previously frozen oil assets under an interim nuclear deal with world powers, local media reported yesterday. The new funds, amounting to 4.5 million U.S. dollars, was transferred to the account...

In Mexico, auto boom fuels Japanese culture mix

2014-03-10 00:00:00

CELAYA, Mexico, Mar 9 (AFP): Celaya, an industrial city in the heart of Mexico, now has a Japanese language class where the teacher uses honorifics, addressing her students as "Felipe-san" or "Christian-san." Across town, a hotel installed a special satellite...

The economic prospects of BIMSTEC

Sarwar Md. Saifulllah Khaled | 2014-03-10 00:00:00

A new sub-regional grouping was formed on June 06, 1997 in Bangkok and christened as Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation (BISTEC). Myanmar attended the inaugural meeting as an observer and joined the organisation as a full member...

Rebuilding Pakistan\\\'s economy

Mohammad Ishaq Dar | 2014-03-10 00:00:00

After nine months of the present government and at a time when the second review of the IMF is completed, it is important to look back on what have we achieved over this period and see whether the economic course...

Overcoming the last taboo: Menstruation and women\\\'s rights

Christopher W. Williams | 2014-03-10 00:00:00

Barriers to women's achievement are falling in every sphere.  Women lead countries, corporations, and households.  Globally, more girls are entering school, earning family income, and participating in public life. But one big taboo stands in the way of women's full...

Cutting corporate tax rate

2014-03-10 00:00:00

The chief of the National Board of Revenue (NBR) divulged late last week the government plan to cut the corporate tax rate and bring the same on a par with the maximum rate of individual tax, which is now 25...

Heightened rivalry, for what?

Shamsul Huq Zahid | 2014-03-10 00:00:00

The upazila polls, now being held across the country in phases, have generated enough of heat at the national as well as local levels. Last Sunday's issues of a number of national dailies carried pictures of gun-toting supporters of rival...

Dishonoured women suffer in foreign land

Neil Ray | 2014-03-10 00:00:00

To a woman motherhood appears to be the most prized possession. In the heavenly feeling of motherhood, a woman finds her ultimate fulfilment. But not all are blessed with this precious gift. Then for some others, motherhood proves to be...

Bus service for women in Dhaka

2014-03-10 00:00:00

Dhaka is one of the fastest growing cities in Bangladesh. No fewer than 13 million people live here, half of whom are women. The majority of women are active in many services and vocations in Dhaka, like social, cultural, economic...

Sri Lanka: Unbeaten champions

2014-03-10 00:00:00

In Asian Cup final, Sri Lanka scored 261 runs for five wickets in 46.2 overs while former champions Pakistan scored 260 runs for five wickets in 50 overs. As a result, Sri Lanka won by five wickets with 22 balls...

VAT manipulation by restaurants

2014-03-10 00:00:00

There are a large number of restaurants in Dhaka. The government rule stipulates that restaurants pay a 15 per cent VAT on their income. But in reality what they are doing is completely opposite to what they should have done....

The looming power tariff hike will be ill-advised

Syed Jamaluddin | 2014-03-10 00:00:00

Another hike in power tariff is in the offing. The power distribution companies have already submitted their proposals to the Bangladesh Energy Regulatory Commission (BERC). The BERC has conducted public hearings on these proposals. Even if the proposed increase is...

Arab Spring, dysfunctional democracy and evolving divide

Muhammad Zamir | 2014-03-10 00:00:00

Mohammed Bouazizi from the Tunisian town of Sidi Bouzid set off a wave of popular protests throughout the Arab world three years ago. President Ben Ali of Tunisia fell from power and was followed soon after by other leaders -...

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2014-03-10 00:00:00

Status, pay scale of pry head teachers upgraded

2014-03-10 00:00:00

DU Correspondent The ministry of primary and mass education (MoPME) issued a circular Sunday upgrading the existing status of the head teachers of the government primary schools to the second class, sources said. Besides, the notification also contains a new...