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Wants to boost trade with BD

2014-02-09 00:00:00

Nepal has expressed its willingness to enhance bilateral trade with Bangladesh. Executive Director of the Trade and Export Promotion Centre of Nepal Iswar Prasad Ghirmi said this while called on DCCI President Mohammad Shahjahan Khan in the city Saturday, said...

CCCI trade team off to Saudi Arabia

2014-02-09 00:00:00

A 11-member business delegation led by Chittagong Chamber of Commerce and Industry (CCCI) President Mahbubul Alam left Dhaka for Saudi Arabia on Saturday, said a press statement. During the visit, the delegation will exchange views on bilateral issues, investment, exchange...

Trade group seeks more US pressure on India over patent protection

2014-02-09 00:00:00

WASHINGTON, Feb 7 (Reuters): The US Chamber of Commerce on Friday called on the government to ratchet up pressure on India over intellectual property rights, in a move that could help prevent Indian companies from producing cheap generic versions of...

SCB gets new office-bearers

2014-02-09 00:00:00

Mr Md Rezaul Karim, proprietor of SN Jute International, Mr Mozibur Rahman Mridha, chairman of Multipoint Technology Ltd. and Mr Arzu Rahman Bhuiya, proprietor of Arzu Jute Traders, have been elected president, senior vice president and vice president of Shippers'...

US borrowing capped, raising threat of debt default

2014-02-09 00:00:00

WASHINGTON, Feb 8 (AFP): The US Treasury said Friday it was launching "extraordinary" money management procedures to keep paying its bills as its ability to borrow to finance the country's deficit was capped. The official debt ceiling was to be...

Alipay claims to be world\\\'s top mobile payment company

2014-02-09 00:00:00

HANGZHOU, Feb 8 (Xinhua): Alipay, a leading Chinese third-party payment platform, announced Saturday it has become the largest mobile payment provider in the world. The company claims the title based on number of users and transaction volume. At the end...

India projects growth at 4.9pc as polls loom

2014-02-09 00:00:00

NEW DELHI, Feb 8 (AFP): India on Friday forecast economic growth would rise to nearly five per cent this financial year from 4.5 per cent last year, despite monetary tightening that analysts have said will slow expansion. The country's gross...

Myanmar border trade hits over $4b in 10 months

2014-02-09 00:00:00

YANGON, Feb 8 (Xinhua): Myanmar's border trade hit US$4.01 billion in the first 10 months of (April-Jan) in the 2013-14 fiscal year, according to official figures Saturday. Myanmar's border trade is done through 14 points with four neighbouring countries, namely...

Russian co to open weapon factory in India

2014-02-09 00:00:00

NEW DELHI, Feb 8 (Xinhua): Kalashnikov Concern, the Russian firm producing the iconic Kalashnikov rifles, may soon open a weapon factory in India, media reports said Saturday. "India is a very promising market, and the best way to enter it...

Online shopping takes most of the flak in China

2014-02-09 00:00:00

BEIJING, Feb 8 (Xinhuanet): Local consumer rights protection authorities received 478 complaints during the Spring Festival holiday, up 26.46 per cent on last year, with online shopping taking the flak most. Among the complaints, 61.09 per cent were filed against...

Photo: Bangladesh Computer Samity and ICT Business Promotion Council

2014-02-09 00:00:00

Photo: Nagorik Sanghoti

2014-02-09 00:00:00

Global economy predicted to grow 3.7pc in 2014-2015: NIESR

2014-02-09 00:00:00

LONDON, Feb 8 (Xinhua): London economics think-tank the National Institute of Economic and Social Research (NIESR) Friday forecast that the world economy would grow by 3.7 per cent in 2014 and 2015. Angus Armstrong, director of macro-economic policy at NIESR,...

Commodity prices rise despite poor US, Chinese data

2014-02-09 00:00:00

LONDON, Feb 8 (AFP) :  Oil and metals prices rose this week but gains were capped by poorly-received data out of the United States and China, the world's two biggest economies. Coffee and sugar futures jumped as exceptionally dry Brazilian...

Second Russian Nuke power unit in Iran likely

2014-02-09 00:00:00

Russia and Iran are in discussion on construction of second unit at Bushehr nuclear power project in Iran. Deputy Chief of Russia's state nuclear energy corporation - Rosatom Nikolai Spassky informed the media it during his recent visit to Vienna....

GM\\\'s Barra drives straight to top of Fortune\\\'s list

2014-02-09 00:00:00

NEW YORK, Feb 8 (AFP): The new head of General Motors, Mary Barra, has driven straight to the top of Fortune's first list of the most powerful women in global business. Barra, a career veteran at GM, became chief executive...

US consumer credit posts biggest jump in 10 months

2014-02-09 00:00:00

WASHINGTON, Feb 8 (Reuters): US consumer credit in December grew by the most in nearly a year due to a sharp increase in credit card usage, a potentially positive sign for the economy. Total consumer credit rose by $18.8 billion...

Photo: Model and actor Nobel inaugurating a new outlet of Top Ten Fabrics and Tailors Ltd

2014-02-09 00:00:00

Global Commodity Prices

2014-02-09 00:00:00

Toyota close to $1b deal to settle US probe: WSJ

2014-02-09 00:00:00

TOKYO, Feb 8 (Reuters): Toyota Motor Corp  is close to a deal to pay $1 billion to settle a US criminal investigation into how it disclosed customers' complaints about unintended acceleration years ago, the Wall Street Journal reported on Friday,...

China to extend subsidies on electric cars after 2015

2014-02-09 00:00:00

BEIJING, Feb 8 (Reuters): China's Finance Ministry said on Saturday it will extend a programme of subsidies for buyers of electric-powered vehicles after the current subsidy regime, part of efforts to combat pollution in cities, expires in 2015. The existing...

Moody’s cuts Puerto Rico to junk status

2014-02-09 00:00:00

NEW YORK, Feb 8 (Reuters) : Moody's on Friday cut Puerto Rico's credit rating to junk status, citing concerns about the fiscally challenged US territory's weak growth and ability to access capital markets. Moody's, which placed Puerto Rico's rating on...

Twitter says global govt info requests on the rise

2014-02-09 00:00:00

WASHINGTON, Feb  8 (AFP): Global government requests for Twitter user information are on the rise, the messaging service said as it released figures while pressing for more transparency. "Over the past 24 months, we've received a 66 per cent increase...

Sangakkara hits another ton as Sri Lanka eye win

2014-02-08 00:00:00

CHITTAGONG, Feb 7 (AFP): Kumar Sangakkara became the second batsman in history to score a triple-century and a hundred in the same match as Sri Lanka pressed for victory in the second Test against Bangladesh in Chittagong Friday. The tourists,...

Khaleda sits with city leaders Monday

2014-02-08 00:00:00

BNP Chairperson Khaleda Zia will sit with the leaders of Dhaka city BNP on Monday as part of her initiative to tidy up the party’s different units before waging a fresh movement. The meeting will be held at BNP chairperson’s...

No civilised society approves taking young life

Nilratan Halder | 2014-02-08 00:00:00

Murders take place in myriad forms in this country. Teenagers also fall victim to mindless homicide following family feuds. What a primitive way of exacting revenge on rivals! If no particular area in the country is immune to this deranged...

Sochi winter Olympics draws attention of the world

Mohammad Amjad Hossain | 2014-02-08 00:00:00

President Vladimir Putin of Russian Federation, who separated from his wife Lyudmila, 55, in June last year for having an affair with Olympic rhythmic gymnastics gold medallist Alina Kabayeva, 30, plans to show his power to the newly wed wife...

Better deal for women in politics needed

Md Mahbub Alam Prodip | 2014-02-08 00:00:00

The politics of South Asian countries including Bangladesh, India, Pakistan, Burma, and Sri Lanka is being increasingly dominated by women. Generally, women have occupied the top positions as Prime Minister or President or are playing prominent roles in the parliaments...

Poet Nazrul: The nightingale of humanity and freedom

Sharmila Chakraborty | 2014-02-08 00:00:00

DEMOCRACY is considered as the foundation of modern civilistion. The more democratic the country is, the more civilised the nation is. People of a true democratic country enjoy their fundamental rights through personal liberty and freedom. The most dangerous threat...

A story on Paul Getty Museum

ABM Ahsanullah | 2014-02-08 00:00:00

Established in 1954, and located at 1200 Getty Centre Drive, Los Angeles (LA), California, USA, Getty Museum is well-known throughout the world. Art lovers know about it better. I personally came to know of the name of J Paul Getty...