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CCCI calls for immediate repair of Ctg roads

2014-01-27 00:00:00

President of the Chittagong Chamber of Commerce & Industry (CCCI) demanded immediate repair of the roads in the port city to reduce sufferings of city dwellers and create business friendly atmosphere there. CCCI president, Mahbubul Alam, in a statement, said...

News Briefs

2014-01-27 00:00:00

BSCIC opens staff training on Bangla typing Bangladesh Small & Cottage Industries Corporation (BSCIC) took initiative to train up its staffs and officers on Unicode based Bangla typing. To this effect, BSCIC has started a 5-day course on Unicode based...

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Limited

2014-01-27 00:00:00

Tofail hints at formation of regional alliance BCIM

FE Report | 2014-01-27 00:00:00

The government would put extra emphasis to enhance regional business connectivity for increasing trade volume among South Asian countries. "So we are considering forming a new alliance with India, China and Myanmar which may be named "BICM." Commerce minister Tofail...

Customs officials should be more liberal and user-friendly: State Minister for Finance

Our Correspondent | 2014-01-27 00:00:00

CHITTAGONG, Jan 26: State Minister for Finance MA Mannan has instructed the Customs authority to be more liberal and to work as facilitator instead of harassing the clients. He said in this modern world the government officials are left with...

Photo: Noted academician and essayist Dr Anisuzzaman

2014-01-27 00:00:00

exchange rate

2014-01-27 00:00:00

World Bank pledges $2b for Myanmar

2014-01-27 00:00:00

YANGON, Jan 26 (AFP) : The World Bank announced on Sunday a $2 billion development programme for Myanmar, including projects to improve access to energy and healthcare in the impoverished former military-ruled nation. Bank president Jim Yong Kim, on his...

Bogra teacher killing: 23 BCL men sued

2014-01-27 00:00:00

A case has been filed against 23 leaders and activists of Bangladesh Chhatra League (BCL) in connection with the killing of Baki Billah, a former Islami Chhatra Shibir leader and assistant teacher of Bogra BIAM Model School and College. Yeakub...

Nissan launch fuels Britain\\\'s car industry revival

2014-01-27 00:00:00

SUNDERLAND, Jan 26 (AFP) :  Japanese carmaker Nissan officially launched production of its new Qashqai model last week, coinciding with a renaissance for Britain's car manufacturing industry that is set to smash records in the coming years. The second-generation version...

Iran eyes revival of key gas sector

2014-01-27 00:00:00

ASSALUYEH, Jan 26 (AFP) :  Iran is working full throttle to develop its South Pars natural gas field, the world's largest, amid hopes of sanctions relief and the return of Western oil majors. "We would welcome foreign companies and investors...

Bank of America’s trading practices have been probed, filing shows

2014-01-27 00:00:00

NEW YORK/WASHINGTON, Jan 26 (Reuters) :  The US Department of Justice and the Commodity Futures Trading Commission have both held investigations into whether Bank of America  engaged in improper trading by doing its own futures trades ahead of executing large...

Photo: Rangs Electronics Limited

2014-01-27 00:00:00

Photo: FinExcel

2014-01-27 00:00:00

‘Land grabbing’ pushes up prices in eastern Germany

2014-01-27 00:00:00

BERLIN, Jan 26 (AFP): Land prices in eastern Germany are rising at dizzying rates and local farmers feel they are being squeezed out by foreign investors in a phenomenon known as "land grabbing". The price of a hectare of land...

Plastic goods sector seeks cash incentives

Shamsul Huda | 2014-01-27 00:00:00

Plastic goods manufacturers and exporters are facing problems both locally as well as in the export market and are seeking cash incentives, sources said. The exporters want cash incentives from the government as they need to pay 5 to 15...

Eurozone inflation ‘way below target’

2014-01-27 00:00:00

The head of the International Monetary Fund (IMF) has warned that deflation remains a real risk to economic recovery in the eurozone, reports BBC. Despite signs of recovery across the world, Christine Lagarde said that potential risks must not be...

Mood of ‘cautious optimism’ on world economy reigns at Davos

2014-01-27 00:00:00

DAVOS, Jan 26 (AFP): The leaders of the world economy expressed cautious optimism over the prospects for the global economy this year as the Davos forum wrapped up on Saturday. Speaking on a panel of ministers, central bankers and top...

India, Japan sigh 8 pacts of economic cooperation

2014-01-27 00:00:00

NEW DELHI, Jan. 26 (Xinhua): India and Japan signed Saturday night eight pacts of economic cooperation on the first day of Japanese Prime Minister Shinzo Abe's visit to New Delhi, said local media reports today. Half were connected with Japanese...

Photo: Sonali Bank Limited

2014-01-27 00:00:00

Post-election musings: Let us try to be positive

Muhammad Zamir | 2014-01-27 00:00:00

At a meeting held in Dhaka on January 20, the chairperson of the Bangladesh Nationalist Party (BNP) appreciated and felicitated the people for their non-participation in the January 05 parliamentary election. She said this government did not have any political...

Economy dependent on political understanding

Syed Jamaluddin | 2014-01-27 00:00:00

The economy of the country has been badly shattered due to the political turmoil during the last few months centring the issues of election-time government and war crimes trial. Election to the 10th parliament has been held without any understanding...

American school psychologist on corporal punishment

Sir Frank Peters | 2014-01-27 00:00:00

Hot on the heels of a provocative controversial new book that has all of America talking about the damage corporal punishment causes to children, comes another loud wake-up call of equal potency and paramount importance for all Bangladeshi families and...

Economic viability of Pangaon ICT

2014-01-27 00:00:00

The authorities concerned, reportedly, are now mulling a host of measures to ensure use of the Pangaon internal container terminal (ICT) for businesses. The measures include mandatory delivery of, at least, 50 per cent of containers carrying imported cotton and...

It\\\'s difficult time for banks

Shamsul Huq Zahid | 2014-01-27 00:00:00

A completely different situation is now prevailing in most private-sector commercial banks. Branch managers are now asking their subordinate officials to rope in new borrowers instead of depositors. The bulging idle funds are forcing private banks to launch vigorous drive...

Megacity without taxicab!

Neil Ray | 2014-01-27 00:00:00

Where have the taxicabs gone? Dhaka is perhaps the only megalopolis in the world, which lacks this essential service. Only for a brief period did this overcrowded capital boast fleets of yellow, black and blue cabs. But never did the...

Reception of MPs by students

2014-01-27 00:00:00

A report, titled "Leaders' hands on gold boat and students left hungry on the road", published in the media, has drawn my attention. Thanks to the media. Ministers and MPs are getting reception across the country for the last few...

DITF with its pluses and minuses

2014-01-27 00:00:00

The month-long Dhaka International Trade Fair (DITF) has began on January 11 at Sher-e-Bangla Nagar. Enthusiastic people of Dhaka are visiting the fair to buy their desired products. The Export Promotion Bureau and Commerce Ministry have jointly organised the fair....

Introduce technical education

2014-01-27 00:00:00

BRAC has a good number of primary schools which complete the five-year curriculum of primary education in four years. Other countries of the world have also been replicating its model. Now, BRAC the largest NGO in the world, has established...

VAT in easy language: 50

Md Abdur Rouf | 2014-01-27 00:00:00

Question: The name of our organisation is Corporate Printers. As per description mentioned in trade license, the nature of our business is 'Printing Press: Printing, Packaging, Producer'. Against 'Tax Payer Type' on VAT registration certificate, the business nature of our...