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Siemens sticks to forecasts after solid first quarter

2014-01-29 00:00:00

FRANKFURT, Jan 28 (AFP): German engineering giant Siemens said on Tuesday it was sticking to its full-year forecast after a "solid" first quarter. Siemens, which runs its business year from October to September, said it "expects our markets to remain...

Dollar mixed in Asia

2014-01-29 00:00:00

TOKYO, Jan 28 (AFP): The dollar was mixed in Asian trade Tuesday ahead of a US Federal Reserve meeting, with speculation growing that policymakers will further reduce the bank's stimulus programme. In afternoon trade, the dollar bought 102.68 yen, compared...

Candy Crush developer defends trademarking ‘Candy’

2014-01-29 00:00:00

LONDON, Jan 28  (AFP) : The British videogame maker behind Candy Crush Saga, the madly addictive game played by millions of people each day, has defended its decision to trademark the word "Candy" in the European Union. King made the...

Korean Air makes 2013 loss with fewer Japanese travellers

2014-01-29 00:00:00

SEOUL, Jan 28 (AFP) :  Korean Air, South Korea's largest air carrier, posted Tuesday an annual net loss of 384.8 billion won ($356.7 million) due to one-off spending to settle price fixing suits and the prolonged decline of its Japan...

Restriction on gold import: An abiding puzzle

Syed Ashraf Ali | 2014-01-29 00:00:00

For centuries the enigmatic yellowish metal we call gold set the world alight with its magnetic charms and intractable lures. Through the ages, the craving for gold triggered wars and gold rush, shaped the world of fashion, inspired poets to...

Investment-friendly monetary policy

2014-01-29 00:00:00

By all accounts, the Bangladesh Bank (BB) in its monetary policy statement (MPS) for the second half of the current fiscal has expressed its concern over the losses, incurred by the country's economy, during the politically volatile period. While announcing...

Developing human resource in rural areas

Abdul Bayes | 2014-01-29 00:00:00

In 1971, Bangladesh, in terms of viability, was considered an 'economic cripple'. It was attributed to its overpopulation, poor natural resource base, vulnerability to natural disasters and an undiversified agriculture producing mainly two commodities (rice and jute). The population density...

Promoting campus tourism

Md Ashikur Rahman Avi | 2014-01-29 00:00:00

A campus is a place where a school, college or university and related institutional buildings and infrastructures are situated. Such campuses can be a new form of tourism destination in Bangladesh as elsewhere in the world. There are many such...

Wasting valuable time of students

2014-01-29 00:00:00

I am glad that finally the government has noticed and asked the school authorities not to line up students on the streets to welcome any people's representative. It is indeed a praiseworthy step. Now, I hope this instruction will not...

School children in queues on streets

2014-01-29 00:00:00

I congratulate the government for the decision of not posting students on roadsides to welcome any people's representative. Students have unnecessarily been diverted from their studies just for an empty and meaningless reception to any minister. This important decision needs...

Political turbulence affects several sectors

2014-01-29 00:00:00

The Readymade Garments (RMG) and Pharmaceutical sectors have been playing significant role in our economic development over the years. In spite of the political turbulence, these two sectors earned much more than what was targeted. The pharmaceutical sector was the...

Parental love for children

2014-01-29 00:00:00

The relation between parents and children plays a vital role in forging a strong family bonding. If there is any imbalance in the relation, it may give rise to serious crime. Most of the time, a child develops good attitude...

Inclusive business - a new approach to poverty reduction

Chowdhury Mohidul Haque | 2014-01-29 00:00:00

Like other Asian countries, the concept of inclusive or new business is being introduced as an additional strategy towards poverty reduction in Bangladesh. Formalised in a 2008 United Nations report titled Creating Value for All: Strategies for Doing Business with...

Harmonising incongruities in tax measures

Ferdaus Ara Begum | 2014-01-29 00:00:00

In an era when most developing countries are adopting fundamental reforms to simplify their tax payment systems, Bangladesh cannot lag behind. The government has taken steps to ensure simplicity and transparency in its tax administration system. These steps have made...

Khaleda seeks lawyers\\\' role in strengthening movement

2014-01-29 00:00:00

As part of her meeting with professionals, BNP chairperson Khaleda Zia sat with pro-BNP lawyers Monday night and sought their pro-active role in strengthening her party's anti-government movement, reports UNB. A delegation of the lawyers went to the BNP chairperson's...

JS goes into session today

2014-01-29 00:00:00

The 1st session of the 10th parliament will begin at 6:00 pm today (Wednesday) at the Jatiya Sangsad (JS) Bhaban, reports BSS. President Md Abdul Hamid summoned the session on January 13 as per Article 72 (1) of the constitution....

Suicide incidences run high in Khulna

2014-01-28 00:00:00

KHULNA, Jan 27 (UNB): Propensity to commit suicide is getting rife among the residents of the district. A staggering 171 people took own lives in the district in the past one year. The reasons that were identified to have led...

‘Concerted efforts needed to boost agri production’

2014-01-28 00:00:00

RAJSHAHI, Jan 27 (BSS): Concerted efforts of all officials concerned have become indispensable to boost agricultural production to ensure food security of the nation, agricultural officials at a meeting said here today. They viewed there was no need of importing...

4 killed in road accidents

2014-01-28 00:00:00

BAGERHAT, Jan 27 (UNB): At least three people were killed in a road accident at Bharasapur Bus Stand on Khulna-Mongla Highway in Rampal upazila on Sunday night. One of the deceased was identified as Arif Hossain, 28, son of Maskata...

Woman strangulated to death, nurse commits suicide in Pabna

Our Correspondent | 2014-01-28 00:00:00

PABNA, Jan 27: An unidentified woman was strangulated to death in Santhia Upazila of Pabna while a nurse committed suicide inside the Pabna Nursing Institute campus. The victims were sent to Pabna Medical College Hospital morgue for autopsy Monday. Of...

View exchange meet held in Gopalganj

Our Correspondent | 2014-01-28 00:00:00

GOPALGANJ, Jan 27: A view-exchange meeting was held at Gopalganj press club in the city Saturday evening, organised by the press club. Benazir Ahmed, Police Commissioner addressed the meeting as the chief guest. Binay Krishna Bala, DIG Admin, S.M. Mahfuzul...

Leprosy Day observed in Nilphamari

Our Correspondent | 2014-01-28 00:00:00

NILPHAMARI, Jan 27: World Leprosy Day, was observed in Nilphamari on January 26 as elsewhere in the country. The day was observed with a hope to eliminate the disease and to establish social, physical and human rights of the patients....

Pabna JD leader hacked to death

Our Correspondent | 2014-01-28 00:00:00

PABNA, Jan 27: A union level Juba Dal leader was stabbed to death by unidentified assailants at his residence at Sannyashibada village in Bera Upazila of Pabna early Monday. The deceased was identified as Manik Hossain, 45, son of Nurul...

Photo: NARAYANGANJ: Farmhands extracting radishes

2014-01-28 00:00:00

Airlines reduce fares, migrant workers most benefitted

Badrul Ahsan | 2014-01-28 00:00:00

Bangladeshi passengers, largely overseas workers, are being benefited as most of the Dhaka-based airlines have reduced airfares by about 20 to 25 per cent due mainly to sluggish market. The airfares for the Gulf states and some Asian countries were...

Expo on building, fire safety products in city next month

Monira Munni | 2014-01-28 00:00:00

Apparel makers and two global buyers' platforms-Accord and Alliance-have joined hands to display proper building, fire and electrical safety products and service under one roof. The expo aims at improving and ensuring workplace safety in the country's readymade garment (RMG)...

Fire at Khulna match factory

2014-01-28 00:00:00

A fire broke out at a storehouse of a closed match factory in Rupsha area of the city on Tuesday night. Fire service officials said the fire originated from an electric short circuit at the storehouse of ‘Dada Match Factory’,...

PKSF, TIB in row over existence of 10 NGOs taking money from climate fund

Ismail Hossain | 2014-01-28 00:00:00

Palli Karma-Sahayak Foundation (PKSF) and Transparency International, Bangladesh (TIB) are at loggerheads over the existence of ten non-governmental organisations (NGOs) which received money from climate fund. These NGOs received Tk 20.95 million in total from Bangladesh Climate Change Trust Fund...

Ericsson, Samsung sign deal settling patent dispute

2014-01-28 00:00:00

STOCKHOLM, Jan 27 (AFP): Swedish telecom equipment maker Ericsson said on Monday it had signed a deal with South Korean electronics giant Samsung settling a global patent dispute. Ericsson said in a statement that the agreement included an initial payment...

News Briefs

2014-01-28 00:00:00

India lifts ban on Airbus A380s NEW DELHI, Jan 27 : India lifted a landing ban on Airbus  A380s on Monday, enabling carriers such as Singapore Airlines  and Emirates to fly their superjumbos into the world's second-most populous nation. A380s...