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Situation improves in urban areas but unchanged in villages

Doulot Akter Mala | 2014-03-08 00:00:00

Emergence of women entrepreneurship has changed the business landscape of Bangladesh. Financial empowerment of female workforce has added pace to the economic development. They proved themselves as successful entrepreneurs in diversified businesses ranging from handicrafts, boutiques to light engineering, banking...

Role of BWCCI in development of women entrepreneurship

Selima Ahmad | 2014-03-08 00:00:00

Today it is widely accepted that the women entrepreneurs of Bangladesh are energetic, willing to learn and take risk, innovative, hard working and an important driving force of the economy. Support and assistance are extremely helpful in their bid to...

Road crash kills cop in Faridpur

2014-03-08 00:00:00

A policeman was killed as his motorcycle crashed into a roadside electric pole at Mansurbad in Bhanga upazila of Faridpur on Saturday. The deceased was identified as Manik Majumder, 48, a traffic police sub-inspector. He hailed from Chhagalchhera village in...

A courageous entry

Kamrun Nahar | 2014-03-08 00:00:00

A  recent data of SME Foundation shows 10 per cent of the total entrepreneurs of Bangladesh are women. But women's participation in tour operation is still less than one per cent. It is widely acknowledged that greater participation of women...

Malaysian plane yet to be found

2014-03-08 00:00:00

A Malaysia Airlines flight carrying 227 passengers and 12 crew went missing off the Vietnamese coast on Saturday as it flew from Kuala Lumpur to Beijing and was presumed to have crashed. There were no reports of bad weather and...

BB\\\'s IT leader

Munima Sultana | 2014-03-08 00:00:00

Nazneen Sultana, the country's first deputy governor of the Bangladesh Bank (BB), started her career in the central bank taking up the challenges of acquiring knowledge in the Information Technology (IT). It was the time when IT was not even...

Rwanda expels 6 SA diplomats

2014-03-08 00:00:00

Rwanda's Foreign Minister says the government has expelled six South African (SA) diplomats. She said on Twitter that the expulsions were in "reciprocity and concern at SA harbouring of dissidents responsible for terrorist attacks in Rwanda." A spokesman for South...

Ctg int’l trade fair begins

2014-03-08 00:00:00

A month-long international trade fair has begun in Chittagong. Minister of Housing and Public Works Engineer Mosharraf Hossain inaugurated the fair at the port city’s Railway Polo Ground on Saturday noon. Chittagong Chamber of Commerce and Industry is organising the...

Stocks down for 2nd straight week amid volatility

Babul Barman | 2014-03-08 00:00:00

Amid volatile market sentiment, stocks edged lower for the second consecutive week that ended Thursday with turnover dropping slightly as investors remained watchful. The week featured all five trading sessions. Among them, the market gained only two sessions while three...

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2014-03-08 00:00:00

BSCCL ponders major cut in bandwidth price

Jamal Uddin | 2014-03-08 00:00:00

The state-owned Bangladesh Submarine Cable Company Ltd (BSCCL) mulls over cutting down its internet bandwidth price significantly. The company wants to do so to remain in race, as private sector service providers are gradually grabbing the major share of the...

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2014-03-08 00:00:00

weekly foreign exchange market review

2014-03-08 00:00:00

Local currency remains stable Mar 02 - Mar 06, 2014 Commercial Bank of Ceylon PLC The local currency maintained stable tone last week as well. Bangladesh received $ 1.16 bio in February against $ 1.26 bio in January, 2014 as...

Prime Financial First Unit Fund NAV disclosed

2014-03-08 00:00:00

Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial First...

State banks open today

2014-03-08 00:00:00

All branches of the state-owned banks (Sonali, Janata, Agrani and Rupali Bank Limited) will remain open today (Saturday) to facilitate transactions of the aspirant candidates of the reserved women seats of 10th parliament. The banks have been asked to keep...

Country\\\'s jute, jute goods export earning falls by 30pc this fiscal

Badrul Ahsan | 2014-03-08 00:00:00

Country's jute and jute goods export decreased dramatically in the current fiscal year (FY) 2013-14 following depreciation of Indian rupee and sluggish demand in the world market, industry insiders said. According to data available with the Export Promotion Bureau (EPB),...

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2014-03-08 00:00:00

Tk 5.0b invested so far for biotech-based products

Shamsul Huda | 2014-03-08 00:00:00

A large number of local pharmaceutical companies in the country have come up with huge investments in manufacturing biotech-based products to cope with the world's latest innovative products. Besides investments in pharmaceuticals, many other types of biotech products could be...

Chicago agri commodity futures market closes higher

2014-03-08 00:00:00

CHICAGO, Mar 7 (Xinhua):  Chicago agricultural commodity futures were traded higher yesterday, supported mostly by better- than-expected export for US crops. The most active corn contract for May delivery rose 9 cents, or 1.87 per cent, to settle at 4.91...

Two ministries sitting on sand export proposal

Rezaul Karim | 2014-03-08 00:00:00

Bangladesh is missing a good volume of earnings in foreign currency in the wake of a row between two ministries over a proposal on sand export. The demand for sand from Bangladesh was increasing gradually across the globe. But the...

Govt high-ups, others to review RMG compliance Tuesday

Syful Islam | 2014-03-08 00:00:00

Several ministers and secretaries of the government will review the compliance situation in the readymade garment (RMG) industry next week aiming at revival of the GSP (generalised system of preferences) facility in the US market, officials said. They will evaluate...

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2014-03-08 00:00:00

Rupee gains 8 paise to 61.03 against dollar in early trade

2014-03-08 00:00:00

Mumbai, Mar 7:  Extending its gains for the fourth straight day, the rupee today strengthened by 8 paise to trade at almost three-month high of 61.03 against the dollar in early trade at the Interbank Foreign Exchange.  Besides, a higher...

Oil prices up on US jobs optimism, Ukraine

2014-03-08 00:00:00

SINGAPORE, Mar 7: Oil prices rose in Asian trade Friday ahead of the release of a key monthly US jobs report while traders keep an eye on the crisis in Ukraine's Crimean peninsula. New York's main contract, West Texas Intermediate...

Dollar stuck in tight range ahead of US jobs data

2014-03-08 00:00:00

TOKYO, Mar 7: The dollar moved narrowly against the yen and euro in Asia on Friday as investors await US jobs data later in the day for clues about the state of the world's largest economy. The US currency fetched...

River fish, chicken, onion dearer

2014-03-08 00:00:00

FE Report River fish, chicken meat, onion prices increased last week, traders said. Vegetable prices showed a mixed trend, sugar price increased slightly while other commodity prices remained stagnant on the day.     River fish prices increased throughout the week amid...

Chile may allow duty free access of BD RMG items from next yr

Talha Bin Habib | 2014-03-08 00:00:00

Country's export of ready-made garment (RMG) items to Chile will increase as the latter is considering duty free market access from next year, industry insiders said. Earlier, Ambassador of Chile in Bangladesh resident in New Delhi Cristian Barros during his...

Most BD women working abroad still being deprived of due rights

Arafat Ara | 2014-03-08 00:00:00

Most of the Bangladeshi women working abroad are still being deprived of their due rights in their respective workplaces, despite their growing contribution to the country's remittance earnings.     Migrants' rights activists said a large number of Bangladeshi female migrant workers...

Bitcoin not a currency, but taxable:Japan

2014-03-08 00:00:00

TOKYO, Mar 7 (AFP) :  Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit. Tokyo...

Disney overhauls troubled interactive unit, lays off 700

2014-03-08 00:00:00

LOS ANGELES, Mar 7 (Reuters):  Walt Disney overhauled its struggling interactive division in a sweeping reorganization that will reduce the number of video games it develops and alter its advertising strategy to focus more on the fast-changing mobile market. As...