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Oil prices supported by dip in US distillate supplies

2014-01-25 00:00:00

SINGAPORE, Jan 24:  Oil prices edged higher in Asian trade Friday as a surprisingly sharp decline in US distillate supplies last week buoyed forecasts of stronger demand in the world's top crude consumer, analysts said. New York's main contract, West...

Dollar edges up in Asia after New York sell-off

2014-01-25 00:00:00

TOKYO, Jan 24 : The dollar edged up against the yen in Asia on Friday after plunging on weak Chinese data which sparked worries over emerging markets. In Tokyo afternoon trade, the dollar fetched 103.44 yen, up from 103.34 yen...

Japan PM to announce $2b loan to India

2014-01-25 00:00:00

TOKYO, Jan 24 (AFP): Japan's Prime Minister Shinzo Abe will announce low-interest loans to India worth $2.0 billion when he visits his counterpart Manmohan Singh this weekend, a report said Friday. Tokyo will provide yen loans totalling about 210 billion...

US bans more products from India\\\'s Ranbaxy

2014-01-25 00:00:00

 New York, Jan 24 (bbc): The US has banned India's largest drugmaker Ranbaxy from producing and distributing drugs for the US market from its Toansa facility in Punjab. The US drug regulator said there had been "significant" manufacturing violations at...

DCCI, IDEB take up project to develop 500 diploma engrs as entrepreneurs

2014-01-25 00:00:00

FE Report Dhaka Chamber of Commerce and Industry (DCCI) and Institution of Diploma Engineers, Bangladesh (IDEB) have taken up a project to develop 500 diploma engineers as entrepreneurs and to create employment by expanding the small and medium industries. The...

Emerging markets’ sell-off accelerates on China

2014-01-25 00:00:00

LONDON,  Jan 24 (Reuters): A sharp sell-off in emerging market currencies accelerated on Friday, setting global stocks on track for their worst week this year with worries mounting over an economic slowdown in China, US monetary policy and domestic political...

‘Re-shoring’ key to West’s economic recovery: Cameron

2014-01-25 00:00:00

LONDON, Jan 24 (AFP): British Prime Minister David Cameron was on Friday to insist that the "re-shoring" of jobs from countries such as India and China could be a key factor in spurring European economic growth. Cameron is due to...

Companies Act should be updated immediately

Mahbubur Rashid | 2014-01-25 00:00:00

The Companies Act was first introduced in the subcontinent in 1913. This was continuing in Bangladesh until 1994 and then this Act was replaced by a new one. To meet the demands of time, many new provisions have been included...

Money that never goes to empower the poor

Rahman Jahangir | 2014-01-25 00:00:00

Bill Vaughan, celebrated American columnist and author, once ruefully said, "It would be nice if the poor were to get even half of the money that is spent in studying them." It seems he possibly produced the famous quote keeping...

Respecting public opinion on national issues

Md. Abdullah Al Helal | 2014-01-25 00:00:00

The need for sustainable political stability has become the talk of the nation as the country is getting out of its bad image due to political violence in the recent times. Needless to say, the political turmoil not only has...

Prospect of denim export from Bangladesh

2014-01-25 00:00:00

Bangladesh is the second largest exporter of Denim after China. Denim has been playing a significant role in our economic development over the last few years. Usually, denim is used for making stylish clothes for all the seasons. Most of...

RMG sector in need of bailout package

2014-01-25 00:00:00

Our readymade garments sector has been passing through a tough time due to political unrest over the last three months. We have lost many foreign orders already and the buyers are yet to be reassured about our garments industries. The...

HRW depicts a sorry picture

2014-01-25 00:00:00

Bangladesh has fallen down drastically on Human Rights Watch Index. It is no wonder as the year 2013 was full of human rights abuse by the political parties. According to the report, the authority was engaged in violent and illegal...

The role of media in eliminating avoidable blindness

Parvez Babul | 2014-01-25 00:00:00

Just close your eyes for a few moments and feel how dreadful darkness is. In fact, no one wants to stay living with darkness, in other words, blindness. But millions of our children are living a life without light. In...

Power sector: Prioritising renewable sources

B K Mukhopadhyay from Guwahati, India | 2014-01-25 00:00:00

While framing the New Economic Policy in early 1920s, Lenin observed: Socialism plus electricity is equal to communism. The importance of electricity is not down even by a single per cent as of now. The launch of Jawaharlal Nehru National...

Govt trying to prolong \\\'authoritarian\\\' rule

2014-01-25 00:00:00

The government, seized by the spirit of BAKSAL, has pushed democracy to the brink of death, Khaleda Zia has said, urging people to unite against it, reports bdnews24.com. "We have to swear today to overthrow this anti-democratic regime that came...

IAF given EU-funded project on capacity building in BD

2014-01-25 00:00:00

FE Report The International Apparel Federation (IAF) has been granted a EU-funded project aiming to build capacity in Bangladesh. The IAF is an international trade association whose members include national clothing associations and companies whose core business is sourcing, designing,...

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2014-01-25 00:00:00

BCL leader suspended for attack on JU teacher

2014-01-25 00:00:00

Authorities of Jahangirnagar University (JU) have suspended the studentship of a Bangladesh Chhatra League (BCL) leader for assaulting a teacher on the campus Thursday, reports UNB. The suspended is Mamun Khan, publicity secretary of JU unit BCL and a Master's...

Prime Minister goes to Gaibandha today

2014-01-25 00:00:00

Prime Minister (PM) Sheikh Hasina goes to Gaibandha today (Saturday) on a daylong visit to open and lay foundation stones of 15 development projects as well as to meet the family members of those killed and wounded in recent violence...

‘JS polls in future to be held under constitution’

2014-01-25 00:00:00

Food Minister Advocate Quamrul Islam Friday said that the parliamentary polls in future would be held under Constitution, reports BSS. "It is not a matter of debate whether the January 5 polls was good or bad, but the election was...

Eminent citizens emphasise tolerance, responsible behaviour for democracy

2014-01-25 00:00:00

Amid the controversy over the role of civil society, the country's eminent citizens attribute the growing problem to both the lack of tolerance among political leaders and the loyalty of civil society members to two major political parties-Awami League and...

Nomination submission deadline for UZ elections ends today

2014-01-25 00:00:00

The deadline for submission of nomination papers to contest elections in 102 upazila parishads, slated for February 19, expired Saturday, reports UNB. The nomination papers will be scrutinised Monday as the last date for withdrawal of candidature is February 3....

Contribution of martyrs recalled

2014-01-25 00:00:00

The historic Mass Upsurge Day was observed Friday across the country paying homage to the martyrs, including Matiur Rahman, who were killed on this day, when the people waged a countrywide movement against the autocratic regime of Ayub Khan in...

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2014-01-25 00:00:00

Tough movement ahead against Rampal plant

2014-01-25 00:00:00

National Committee to Protect Oil-Gas, Port-Power and Mineral Resources is contemplating a tough movement to force the new Awami League (AL) government to cancel the 1,320MW Rampal coal-fired power plant project near the Sundarbans, reports UNB. The top leaders of...

Tk 4.32b project to boost agricultural production

2014-01-25 00:00:00

In a bid to boost agricultural production and increase income of the countries rural farmers, an initiative has been taken to impart training to around 1.0 million male and female farmers on integrated farm management to create employment opportunities through...

Govt to launch smart device for reading textbooks

2014-01-25 00:00:00

The school students could read the books on a smart device soon as the government has taken initiative to make available multimedia version of national curriculum and text books on smart device, reports BSS. The Ministry of Information and Communications...

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2014-01-25 00:00:00

Indian government awards scholarship to FFs’ wards

2014-01-25 00:00:00

Our Correspondent CHITTAGONG, Jan 24: Indian government has awarded scholarship to 148 students of higher secondary and degree levels in Chittagong. State Minister for Land Saifuzzaman Chowdhury Zaved and Assistant Indian High Commissioner in Chittagong office Somnath Ghose handed over...