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75pc RMG units fail to apply new wage, claim leaders

2014-02-11 00:00:00

Leaders of the workers' unions of the readymade garment (RMG) sector have claimed that about 75 per cent of the apparel factories have failed to implement the new wage structure. They made the allegation while addressing a press conference in...

Chinese investment in UK real estate sector on rise

2014-02-11 00:00:00

BEIJING, Feb 10 (Xinhuanet): Chinese investment in British real estate has increased remarkably and will continue in the coming years, industry insiders say. Dalian Wanda Group, one of China's largest and most ambitious conglomerates, plans to invest up to 3...

S Korean ICT exports rise

2014-02-11 00:00:00

SEOUL, Feb 10 (Xinhua): South Korea's exports in the information and communications (ICT) sector rose on the back of demand for locally-made smartphones and semiconductors last month despite less working days caused by the Lunar New Year's holiday, a government...

Indonesian consumers remain optimistic

2014-02-11 00:00:00

JAKARTA, Feb 10 (Reuters): Indonesia's consumers remained optimistic about prospects for the economy in January, but were more concerned about the availability of jobs, a Bank Indonesia survey showed on Monday. The consumer confidence index edged up to 116.7 from...

exchange rate

2014-02-11 00:00:00

Photo: Guests and dealers of PRAN-RFL Group pose for photograph

2014-02-11 00:00:00

Japan faced with gloomy data ahead of tax hike

2014-02-11 00:00:00

TOKYO, Feb 10 (AFP): Japan produced a gloomy batch of economic data Monday showing shoppers growing nervous and the trade deficit ballooning, as Prime Minister Shinzo Abe prepares to launch a controversial sales tax rise. The government said consumer sentiment...

Oil prices down in Asian trade

2014-02-11 00:00:00

SINGAPORE, Feb 10 (AFP): Oil prices eased in Asia Monday following weak US jobs data but losses were curbed as fears of another severe North American winter storm boosted the demand outlook for heating fuel, analysts said. New York's main...

Gold retains gains on weak US jobs data, growth fears

2014-02-11 00:00:00

SINGAPORE, Feb 10 (Reuters): Gold held steady on Monday after posting its biggest weekly gain in five weeks on speculation that the Federal Reserve would slow the pace of its stimulus tapering after a weak US jobs report raised questions...

Asia-Pacific needs nearly 13,000 new planes by 2032: Boeing

2014-02-11 00:00:00

SINGAPORE, Feb 10 (AFP): Asia-Pacific airlines will need almost 13,000 new planes worth $1.9 trillion over the next two decades as rising wealth in the region fuels demand for air travel, Boeing said Monday. The US plane maker said on...

China\\\'s gold demand tops 1,000 tonnes for first time

2014-02-11 00:00:00

BEIJING/SINGAPORE, Feb 10 (Reuters): China's gold consumption jumped 41 percent in 2013 to exceed 1,000 tonnes for the first time, an industry body said on Monday, as a sharp slide in prices attracted buyers for jewellery and bullion. The demand...

Toyota to stop making cars in Australia from 2017

2014-02-11 00:00:00

SYDNEY, Feb 10 (Reuters): Toyota Motor Corp said on Monday it would stop making cars and engines in Australia by the end of 2017, marking the end of an era for a once-vibrant auto production base and the loss of...

HTC counts on cheaper smartphones to return to profit in 2014

2014-02-11 00:00:00

BEIJING/HONG KONG Mon Feb 10 (Reuters): Taiwanese smartphone maker HTC Corp said new lines of mid-tier handsets will help it return to net profit in 2014, predicting cheaper products can help it reclaim market share and put an end to...

China export growth seen slowing, loans surging in Jan

2014-02-11 00:00:00

BEIJING, Feb 10 (Reuters): China's export and import growth likely cooled in January, a Reuters poll showed, underlining a broader slowdown in the world's second-largest economy, though the Lunar New Year holiday effect may overstate the soft momentum. Weakness in...

Photo: Pharmasia Limited

2014-02-11 00:00:00

Photo: INDIA: Indian bank employees gather during a rally

2014-02-11 00:00:00

Photo: Latest vehicles of Japan\\\'s Nissan Motor Company

2014-02-11 00:00:00

Young Tigers beat PNG by 165 runs in practice match

2014-02-11 00:00:00

Bangladesh Under-19 Cricket team, now in UAE to take part in the ICC Under-19 World Cup, had good practice as they crushed Papua New Guinea (PNG) by 165 runs in the first warm-up match at the Dubai International Cricket Stadium...

Pace battle as S Africa, Australia square up

2014-02-11 00:00:00

CENTURION, South Africa, Feb 10 (AFP): Batsmen can expect a torrid time when South Africa and Australia square up at SuperSport Park on Wednesday in the first of three Test matches. Both teams have formidable fast bowling attacks at a...

Ctg Varsity School & College beat Bandarban Don Bosco 3-0

2014-02-11 00:00:00

CHITTAGONG, Feb 10 (UNB): Chittagong University School & College notched a facile 3-0 win over Bandarban Don Bosco High School in the Chittagong zone opener of the First Security Islami Bank National School Hockey Tournament at the MA Aziz Stadium...

Team BJMC blank-fire with Brothers Union

2014-02-11 00:00:00

Team BJMC blank-fired with Brothers Union Club as the Nitol-Tata Bangladesh Premier Football League match between them ended in a goalless draw at the Bangabandhu National Stadium on Sunday, reports UNB. After the day's match, Team BJMC have secured 11...

Inter-District Women Kabadi tournament begins today

2014-02-11 00:00:00

The Marcel LED TV Inter-District Women Kabadi tournament begins today (Tuesday) in seven districts of the country, reports UNB. A total of, 29 teams will take part in the competition in Faridpur, Nilphamari, Barisal, Kushtia, Jamalpur, Rajshahi and Norail districts...

Real Madrid, Barcelona out to seal Cup final places

2014-02-11 00:00:00

MADRID, Feb 10 (AFP): Real Madrid and Barcelona take significant advantages into the second legs of their Copa del Rey semi-finals against Atletico Madrid and Real Sociedad respectively as they look to seal their place in the final on April...

Photo: CHITTAGONG: Bangladesh cricketer Shakib Al Hasan plays football

2014-02-11 00:00:00

Bangladesh at a crossroads

M. Serajul Islam | 2014-02-11 00:00:00

The January 05 elections are being described by the ruling Awami League (AL) like business as usual. They are stating that the elections have been held legally and it is bad luck for the opposition that they did not join...

RMG: Delegation of authority for streamlining factory management

Mohammad Hasan concluding his four-part article titled Human resource development in RMG factories | 2014-02-11 00:00:00

Workers think that job is a favour from their owners. Lack of nutritious food, sufficient rest, hygienic residence, etc. makes the workers socially, physically and mentally weak. Working extra time and seven days a week create a distance between them...

Relocation of brick kilns

2014-02-11 00:00:00

The government has extended the deadline for relocation of brick kilns from areas under a city corporation or municipality up to June 30 next. This is the fifth such extension. Even then the vice-president of the Bangladesh Brick Manufacturing Owners...

Restoring US GSP

Jafar Ahmed Chowdhury | 2014-02-11 00:00:00

The proactive role of the government and BGMEA (Bangladesh garment manufacturers and exporters association) can help the restoration of the generalised system of preferences (GSP) suspended by the US administration on June 27, 2013. Considering the working environment in readymade...

Bumper potato harvest a blessing

Tayeb Husain from Lund, Sweden | 2014-02-11 00:00:00

Recently an article in the FE (05 Feb 2014) about bumper potato harvest in Bangladesh described the plight of the poor farmers due to the plentiful yield. The bumper harvest has pushed down the prices so low that the poor...

Need to make our country safe for women

2014-02-11 00:00:00

I was greatly dismayed to read about a college girl being severely burned after her stalkers set her on fire in her sleep at Chandipur. The name of the victim is Jolly and she is an undergraduate student of a...