SINGAPORE, Feb 11 (AFP) : Myanmar's national carrier Tuesday signed a contract with US firm GE Capital to lease 10 Boeing aircraft worth nearly a billion dollars in a major makeover for the largely domestic airline. US ambassador to Myanmar...
London, Feb 11 (Reuters) : Barclays Plc expects to axe up to 12,000 jobs this year to cut costs and counter falling income at its investment bank, where profits slumped last year. But it is also paying staff higher bonuses,...
SAN FRANCISCO, Feb 11 (AFP) : A US appeals court on Monday shot down Apple's bid to derail a court-ordered monitor in its e-book price-fixing case. The panel of judges specified, however, that the monitor's job is limited to making...
CAIRO, Feb 11 (Xinhua) : The Egyptian interim government said Monday that it will inject 33.9 billion Egyptian pounds (about 4.87 billion US dollars) to boost struggling economy as a second stimulus package since last August. In a statement Monday,...
PARIS, Feb 11 (AFP) : Swiss food giant Nestle is to sell a chunk of its shares in French cosmetics giant L'Oreal, the firms said on Tuesday, in a signal that Nestle has dropped the option of a takeover. L'Oreal...
PARIS, Feb 11 (AFP) : Tyre-making giant Michelin blamed a rise of the euro and flat markets for a profits plunge and weak sales in 2013, in a results statement on Tuesday. The group supplies a vast range of tyres...
SINGAPORE, Feb 11(AFP) : US oil prices remained above $100 a barrel in Asian trade Tuesday on stronger demand, but trading was subdued ahead of new Fed chief Janet Yellen's testimony to Congress. New York's main futures contract, West Texas...
FRANKFURT, Feb 11 (AFP): German retail and distribution giant Metro said on Tuesday it was confident of meeting its full-year targets after profits were up strongly in the first quarter. "We have set a solid foundation for reaching our full-year...
Jafrin Sultana | 2014-02-12 00:00:00
Bangladesh has started preparations to implement the Basel-III framework for bank companies from 2014 in line with the global standard. The banking regulation on capital requirements known as Basel III will have a big effect on the world's financial systems...
Javed Jabbar from Pakistan | 2014-02-12 00:00:00
Leave alone the abject, shameful decision to talk with terrorists, the composition of the two negotiating teams and the declared agenda of the Tehrik-i-Taliban Pakistan (TTP) require reflection. First, the composition: there is no woman member. As the exclusion in...
Md Shahadat Hossain | 2014-02-12 00:00:00
Almost in each and every country, a substantial part of Gross Domestic Product (GDP) comes from industry and business sectors. This is why good performance of industrial, commercial and service organisations is very essential for economic development of a country....
Zaglul Ahmed Chowdhury | 2014-02-12 00:00:00
Egyptian strongman Field Marshal Abdel Fattah al-Sisi is likely to become the next president of the country even though he has not officially announced his candidature for the top position. Meanwhile, veteran left politician Hamdeen Sabahi, the founder of Popular...
Bangladesh is in the midst of a serious crisis, in terms of availability of cheap source/s of energy. Its existing industries are limping and investments in new ones are on the hold for highly inadequate supply of natural gas. The...
Wasi Ahmed | 2014-02-12 00:00:00
The latest of what could be gathered on establishing a stronger regional economic connectivity with important neighbouring counties suggests that things are moving on track to have in place a wider financial and economic and geographic linkage among Bangladesh, China,...
Rahman Jahangir | 2014-02-12 00:00:00
Dhaka is not what it was even two decades ago. Gradually, the capital city started expanding north and eastwards as it could not move southward because of the river Buriganga. Although the capital city wore a new look after it...
The tragic and much talked-about Sagar Runi murder case has remained in the dark alley of mystery as the law enforcing agencies failed to make any headway in this heinous crime though long two years have already elapsed. If such...
There are around thirty thousand secondary level institutions in Bangladesh, which are mostly in the rural areas. The incumbent government claims that they have done good jobs in the education sector; changing text books, distributing them among students at the...
I was taken aback by an incident that I had encountered a few days ago. I was sipping tea with my colleagues at a roadside tea stall. All of a sudden I came to see a girl aged 25 years...
Hosts Bangladesh will meet touring Sri Lanka in the 1st T20 of the two-match T20 International at 5:00 pm today (Wednesday) at Zahur Ahmed Chowdhury Stadium in Chittagong, reports UNB. Mashrafe Bin Mortaza will lead the Bengal Tigers in the...
A fresh hearing to examine the ‘prospects for democratic reconciliation and workers’ rights in Bangladesh’ began at the US Senate Committee on Foreign Relations in Washington Tuesday. US Assistant Secretary of State for South and Central Asian Affairs Nisha Desai...
KATHMANDU, Feb 10 (AFP): Nepal's parliament elected Sushil Koirala as prime minister Monday, raising hopes of ending a prolonged political crisis and finally restoring stability to the war-torn Himalayan nation. Koirala, 75, the president of the country's largest and oldest...
LONDON: European stock markets closed sharply higher Tuesday after new US Federal Reserve Chair Janet Yellen said she would keep current monetary policy unchanged. In London, the benchmark FTSE 100 index ended the day up 1.23 per cent at 6,672.66...
BANGKOK, Feb 10 (AFP): Thai police on Monday arrested an anti-government protest leader, their first such move after months of defiant rallies in Bangkok aimed at ousting Yingluck Shinawatra's beleaguered government. Protest leaders have flouted arrest warrants and an emergency...
Bangladesh has sought Dutch government support for implementing the proposed ‘Garment Village’ in Munshiganj to help grow the vital sector further maintaining the global standard. State Minister for Foreign Affairs Shahriar Alam conveyed it to Netherlands Ambassador in Dhaka Gerben...
BUJUMBURA, Feb 10 (AFP): At least 51 people perished in flooding and landslides in a night of torrential rain in the Burundi capital that swept away hundreds of homes and cut off roads and power, officials said Monday. Police in...
A ban on India's Olympic Association (IOA) has been lifted, allowing the country to return to the Olympic fold, officials say. The International Olympic Committee (IOC) suspended India for electing officials accused of corruption in 2012, in breach of the...
GENEVA, Feb 10 (AFP): Syria's warring sides launched a new round of peace talks Monday, as an agreement from the first round last month was being implemented with aid convoys evacuating the besieged city of Homs. The UN and Arab...
Prime Minister Sheikh Hasina has put Abdul Latif Siddqui in charge of the unified post, telecommunications and information technology ministry. Zunaid Ahmed Palak, who was the state minister for the abolished information and communication technology ministry, has been charged with...
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