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State of science education

2011-11-20 00:00:00

The number of examinees and students in all forms of educational systems in the country is steadily increasing. The only exception is in the area of science education. There the number is decreasing. This decrease is not a small one...

Cluster-based SME: An approach to achieve Vision 2021

2011-11-20 00:00:00

Md Joynal Abdin The small and medium enterprises (SME) are familiar as the engine of growth in developing economies. They are helping in economic development from two dimensions, firstly by producing goodsservices and secondly by employing more labour with comparatively...

Real estate, mortgage and coordinates-II

2011-11-20 00:00:00

Qazi Mahmudur Rahman concluding his two-part article Real estate is a common item for banking business in Bangladesh. In current practice, a bank lends funds against business. This is true. Besides this, they secure the loan by mortgaging real estate...

In need of strong steps to stop smoking

2011-11-20 00:00:00

Goutam Gourab Barua "Smoking is pernicious to health" - a small quotation is written in every cigarette packets. Anyone who can read, just read it and then starts to smoke. This has become a common scenario in Bangladesh. Only those...

Protecting our Wonder of Nature

2011-11-20 00:00:00

Khalilur Rahman The world's largest mangrove forest- the Sundarbans- could not find its place in the provisional list of new seven wonders of nature. Voting for the seven wonders was closed on November 11 last. In 2007 the New Wonders...

India to simplify visa process for Bangladeshis

2011-11-20 00:00:00

Bangladesh and India Home Secretary level meeting began in New Delhi Saturday, discussing a host of issues including easing of Indian visa regime for Bangladeshi travelers, reports UNB. The meeting held at Hotel Tajmahal also discussed extradition treaty, Land Boundary...

PM rebuts Opposition claim of economy being in tailspin

2011-11-20 00:00:00

Prime Minister Sheikh Hasina has rebutted opposition claims that the economy is in a tailspin, report agencies. "I want to tell you that the economic situation has not become critical. We have managed to keep it running. We are in...

Gaddafi's son Seif arrested

2011-11-20 00:00:00

TRIPOLI, Nov 19 (AFP): Ousted Libyan leader Muammar Gaddafi's fugitive son Seif al-Islam has been arrested in the south of the country, a senior National Transitional Council (NTC) official told AFP on Saturday. Seif al-Islam, Gaddafi's one-time successor who is...

First anti-govt demo in Kuwait

2011-11-20 00:00:00

Fazle Rashid NEW YORK, Nov 19: Kuwait which had hitherto remained unaffected by the Arab Spring contagion witnessed its first anti-government demonstration day before yesterday. It was not a protest in the streets. It was the Kuwaiti lawmakers who led...

Coordination council to discuss macro-economic situation, ways to help overcome strains Thursday

2011-11-20 00:00:00

Nazmul Ahsan A meeting of the Council for the Coordination of Fiscal, Monetary and Exchange Rate Policies (Coordination Council) will be held on Thursday next to review the current macro-economic challenges and find out ways to help overcome them, a...

Islamic banks sanctioning loans in excess of deposits

2011-11-20 00:00:00

Syful Islam The country's Islamic banks are facing a gap between their assets and liabilities as they disburse more money in the form of loans than what they could collect as deposits in recent months. This has been revealed in...

MTB's 14th EGM held

2011-11-20 00:00:00

The 14th extra-ordinary general meeting (EGM) of Mutual Trust Bank (MTB) Limited was held in the city recently, according to a press release. MTB Vice Chairman Dr Arif Dawla presided over the EGM while MTB Founding Chairman Syed Manzur Elahi...

Govt takes steps to revamp stock market sans bringing 'game planners' to book

2011-11-20 00:00:00

FE Report A non-government think-tank said the government has taken different steps to revamp the country's stock market without bringing the 'game planners' of the market to book. "Due to downturn of the capital market, the government has taken steps...

Country's tea import reaches 5.0m tonnes in 10 months

2011-11-20 00:00:00

Nizam Ahmed Bangladesh, once the world's fifth-largest tea exporter, imported some 5.0 million tonnes of tea over the last 10 months as local demand soared, traders said on Saturday. The imports helped keep market stable as prices continued to rise...

Rupee at 32-month low

2011-11-20 00:00:00

MUMBAI, Nov 19 (PTI): The rupee Friday plunged to 32- month low of sub-51 level against dollar on persisting demand for the US currency from banks and importers. At the interbank foreign exchange market, the domestic currency closed down 44...

BHBFC gets new chairman

2011-11-20 00:00:00

Md Yeasin Ali has been appointed the chairman of the board of directors of Bangladesh House Building Finance Corporation (BHBFC). Mr Ali started his banking career after obtaining M.Sc in Agricultural Economics. He rendered his services for the last 40...

FDI if retailers procure 30pc stuff from small industry

2011-11-20 00:00:00

NEW DELHI, Nov 19 (Business Standard): Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to...

China trade surplus may fall to zero in next two years

2011-11-20 00:00:00

BEIJING, Nov 19 (PTI): China's trade surplus may drop to zero or even fall into negative digits in the next two years in view of declining exports and surging imports, a top official of China's central bank has said. China's...

Spending up just 2pc in 'austerity' EU budget

2011-11-20 00:00:00

BRUSSELS, Nov 19 (AFP): The EU's 27 national governments and the European Parliament agreed Saturday to limit spending to 129 billion euros ($174 billion) in the 2012 budget, up two per cent from 2011, the Polish EU presidency said. The...

Vietnam for more border trade with China

2011-11-20 00:00:00

HANOI, Nov 19 (Xinhua): Vietnam's vice minister Friday called for further promotion of border trade with China as the border area is considered as a gate of the country's northern key economic zone. Vietnam's Deputy Minister of Industry and Trade...

Bolivia confirms rejection to sign FTA with US

2011-11-20 00:00:00

LA PAZ, Nov 19 (Xinhua): Bolivia reiterated Friday its definite rejection to sign a free trade agreement (FTA) with the United States due to great trade imbalance between the two countries. "We can't sign, under any arguments, a free trade...

Japan, China, S Korea seek investment treaty by year-end

2011-11-20 00:00:00

NUSA DUA, Nov 19 (Reuters): Leaders of Japan, China and South Korea Saturday agreed to seek a trilateral investment treaty by the end of this year as a way to speed up talks on a free trade pact among the...

Pakistan trade across LoC touches Rs 17.6m

2011-11-20 00:00:00

MIRPUR, Nov 19 (APP): The trade across both sides of the line of control (LoC) between Azad Jammu and Kashmir and Indian-occupied Kashmir touches Rs 17.6 million. Official sources told the reporter Friday that as many as 16 trucks rolled...

Sri Lanka, India ink northern railway deal

2011-11-20 00:00:00

COLOMBO, Nov 19 (LBO): Sri Lanka has signed a deal with India to restore part of a northern railway line that was damaged during the ethnic war under project funded by soft loans from New Delhi. The agreement between Sri...

Raw jute export earnings decline by $1.0b in Q1

2011-11-20 00:00:00

Arafat Ara Raw jute export earnings marked a decline by around Tk 1.0 billion in the first quarter (Q1) of the current financial year compared to the corresponding period of last year due to low price quotation by the buyers....

India raises trade gap issue with China

2011-11-20 00:00:00

BALI (Indonesia), Nov 19 (PTI): Raising the issue of a big trade imbalance in favour of China, India Prime Minister Manmohan Singh yesterday told his counterpart Wen Jiabao it needs to be corrected for a "more conducive" business environment even...

BD to contest IMO Executive Council membership polls

2011-11-20 00:00:00

Talha Bin Habib Bangladesh will contest the prestigious election for membership of the International Maritime Organisation (IMO) Executive Council to be held this month in London aiming to preserve the country's interest in the international shipping industry sector, officials said....

Commodity prices down as eurozone debt tensions rise

2011-11-20 00:00:00

LONDON, Nov 18 (AFP): Commodity prices were mostly lower this week, in line with tumbling stock markets as traders sought cover from the escalating eurozone debt crisis. Financial markets fell sharply days as Italy, Spain and France faced a sharp...

Intraco signs MoU with HM for marketing Ambassador car

2011-11-20 00:00:00

FE Report Bangladeshi business conglomerate Intraco Group and prominent Indian car manufacturer Hindustan Motors (HM) signed a memorandum of understanding Saturday at a city hotel for marketing 'Ambassador' car in Bangladesh. The five-year marketing contract with Intraco has a target...

Bumper Aman output likely

2011-11-20 00:00:00

Yasir Wardad The country is expecting another "bumper" Aman output this year, but farmers stand to gain little as the price is lower compared to the production cost, farmers and officials said. Aman production totalled 12.7 million tonnes last year,...