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Mohiuddin takes over as BGMEA president

FE Report | 2011-03-28 00:00:00

FE ReportNewly elected president of Garment Manufacturers and Exporters Association (BGMEA) Shafiul Islam Mohiuddin took charge Sunday from outgoing president Abdus Salam Murshedy. He sought cooperation from all to strengthen country's RMG sector. The charge was handed over to Shafiul...

Westin basks in corporate travel boom

Kamrun Nahar | 2011-03-28 00:00:00

Kamrun NaharDhaka has only one international standard 5-Star hotel, although many campaign for running such upscale lodges in the capital, a top hospitality official said. Azeem Shah, general manager with Westin Dhaka, said the capital hosts 30-odd branded hotels, but...

Thrust on easy access to capital, policy streamlining

FE Report | 2011-03-28 00:00:00

FE Report Speakers at a conference in the city Sunday laid emphasis on easy access to low interest-bearing capital and streamlining of the policies concerned for the development of micro-entrepreneurship in the country. They also listed better management, improved rural...

BB governor stresses global collaboration

2011-03-28 00:00:00

Bangladesh Bank (BB) governor Dr.Atiur Rahman put emphasis on establishing global collaboration in strengthening financial stability in Bangladesh. He also said in Bangladesh there have been two episodes in which two troubled banks needed to be restructured or placed in...

6-day furniture fair begins tomorrow

2011-03-28 00:00:00

Furniture exporters are going to organise a six-day furniture fair for the first time tomorrow (Tuesday) at Bangabandhu International Conference Centre in the city. Bangladesh Furniture Exporters Association (BFEA) has decided to make 'Brand Furniture Fair 2011' a yearly event...

PM asks NBR to find source of income of some wealthy people

2011-03-28 00:00:00

Prime Minister Sheikh Hasina Sunday asked the officials of the National Board of Revenue (NBR) to inquire into abnormal growth of wealth of certain quarters, reports UNB. "You have to find out the source of their income and how much...

Gold price may rise further

Sonia H Moni | 2011-03-28 00:00:00

Sonia H MoniThe price of gold may increase further by Tk 1000 a 'bhori' in the local market in line with the price hike of the precious metal in the international market, jewellers said. "The gold price is likely to...

Ex-minister Abdul Alim held on war crimes charges

2011-03-28 00:00:00

JOYPURHAT, Mar 27: Police have arrested former BNP minister and MP Abdul Alim on war crimes charges. Joypurhat police superintendent Mozammel Huq told news agency that a 10-member police team took Alim into custody from his residence near the Sadar...

50 vehicles damaged as RGM worker killed in road crash

| 2011-03-28 00:00:00

GAZIPUR, Mar 27: Angry garment workers protesting the death of a fellow worker in a road accident in Noljani area on Dhaka-Gazipur road in Sadar Upazila damaged at least 50 vehicles and set afire four other vehicles Sunday morning. Police...

810mw power plants to be installed in N-W region

2011-03-28 00:00:00

State owned North-West Power Generation Company (NWPGC) will install eight power plants with a total capacity of generating 810 MW in the northwestern part of the country in two years. - BSS

Phoenix Securities holds annual confce

2011-03-28 00:00:00

The annual conference of Phoenix Securities Limited for the year 2010 was held in the city Saturday, said a press release. Chairman of the company Deen Mohammad, Managing Director A Quadir Choudhury and Vice Chairman Mohammad Shoeb were present at...

Govt packages for foreign investors attractive: DCCI chief

FE Report | 2011-03-28 00:00:00

FE Report Dhaka Chamber of Commerce and Industry (DCCI) President Mr Asif Ibrahim Sunday said the government offers attractive packages for foreign investors to invest in different sectors in the country. "Foreign investors including the British entrepreneurs can invest in...

Mohiuddin takes over as BGMEA president

FE Report | 2011-03-28 00:00:00

FE ReportNewly elected president of Garment Manufacturers and Exporters Association (BGMEA) Shafiul Islam Mohiuddin took charge Sunday from outgoing president Abdus Salam Murshedy. He sought cooperation from all to strengthen country's RMG sector. The charge was handed over to Shafiul...

Westin basks in corporate travel boom

Kamrun Nahar | 2011-03-28 00:00:00

Kamrun NaharDhaka has only one international standard 5-Star hotel, although many campaign for running such upscale lodges in the capital, a top hospitality official said. Azeem Shah, general manager with Westin Dhaka, said the capital hosts 30-odd branded hotels, but...

Thrust on easy access to capital, policy streamlining

FE Report | 2011-03-28 00:00:00

FE Report Speakers at a conference in the city Sunday laid emphasis on easy access to low interest-bearing capital and streamlining of the policies concerned for the development of micro-entrepreneurship in the country. They also listed better management, improved rural...

BB governor stresses global collaboration

2011-03-28 00:00:00

Bangladesh Bank (BB) governor Dr.Atiur Rahman put emphasis on establishing global collaboration in strengthening financial stability in Bangladesh. He also said in Bangladesh there have been two episodes in which two troubled banks needed to be restructured or placed in...

6-day furniture fair begins tomorrow

2011-03-28 00:00:00

Furniture exporters are going to organise a six-day furniture fair for the first time tomorrow (Tuesday) at Bangabandhu International Conference Centre in the city. Bangladesh Furniture Exporters Association (BFEA) has decided to make 'Brand Furniture Fair 2011' a yearly event...

PM asks NBR to find source of income of some wealthy people

2011-03-28 00:00:00

Prime Minister Sheikh Hasina Sunday asked the officials of the National Board of Revenue (NBR) to inquire into abnormal growth of wealth of certain quarters, reports UNB. "You have to find out the source of their income and how much...

Gold price may rise further

Sonia H Moni | 2011-03-28 00:00:00

Sonia H MoniThe price of gold may increase further by Tk 1000 a 'bhori' in the local market in line with the price hike of the precious metal in the international market, jewellers said. "The gold price is likely to...

Ex-minister Abdul Alim held on war crimes charges

2011-03-28 00:00:00

JOYPURHAT, Mar 27: Police have arrested former BNP minister and MP Abdul Alim on war crimes charges. Joypurhat police superintendent Mozammel Huq told news agency that a 10-member police team took Alim into custody from his residence near the Sadar...

50 vehicles damaged as RGM worker killed in road crash

| 2011-03-28 00:00:00

GAZIPUR, Mar 27: Angry garment workers protesting the death of a fellow worker in a road accident in Noljani area on Dhaka-Gazipur road in Sadar Upazila damaged at least 50 vehicles and set afire four other vehicles Sunday morning. Police...

810mw power plants to be installed in N-W region

2011-03-28 00:00:00

State owned North-West Power Generation Company (NWPGC) will install eight power plants with a total capacity of generating 810 MW in the northwestern part of the country in two years. - BSS

S Arabia focusing on solar, N-energy as oil burns out

2011-03-28 00:00:00

RIYADH, Mar 27 (Commodity Online): Saudi Arabia is increasingly focusing on nuclear and solar energy because within two decades it will be using most of its oil production for domestic purposes, leaving little for export, if consumption keeps rising the...

Japan carmakers may consider rotating output to save energy: Toyota

2011-03-28 00:00:00

OSAKA, Mar 27 (Bloomberg): Japanese carmakers, facing electricity shortages after the nation's record earthquake crippled power plants, may consider measures including rotating production to save energy, Toyota Motor Corporation said. Taking turns running assembly lines is among the measures that...

China to enhance food self-sufficiency policy

2011-03-28 00:00:00

BEIJING, Mar 27 (Commodity Online): Continuing its policy of relying on domestic supply and realising food self-sufficiency in regards to food security, China said it will uphold the same, seeking improvement. Speaking to journalists after meeting a EU delegation, Chinese...

'Japan scenario insanely bullish for copper'

2011-03-28 00:00:00

VANCOUVER, Mar 27 (Commodity Online): With destructions costing to the tune of $308 billion, Robert Friedland, CEO of Ivanhoe Mines Limited said that what happened in Japan is insanely bullish for copper. With the tsunami and earthquake destroying thousands of...

Turmeric can detect bombs!

2011-03-28 00:00:00

MASSACHUSETTS, Mar 27 (Commodity Online): Researchers at the University of Massachusetts have discovered that turmeric-based sensors are capable of detecting presence of explosives even to the tune of 80 parts per billion in a given sample. The scientists merged turmeric...

Gold dips while oil steadies in New York closing

2011-03-28 00:00:00

NEW YORK, Mar 27 (Commodity Online): Oil managed to finish almost steady for the week Friday in New York, while gold dropped sharply on profit selling. Light sweet crude for May delivery was seen trading at $105.40 a barrel at...

6-day furniture fair begins tomorrow

2011-03-28 00:00:00

Furniture exporters are going to organise a six-day furniture fair for the first time tomorrow (Tuesday) at Bangabandhu International Conference Centre in the city. Bangladesh Furniture Exporters Association (BFEA) has decided to make 'Brand Furniture Fair 2011' a yearly event...

PM asks NBR to find source of income of some wealthy people

2011-03-28 00:00:00

Prime Minister Sheikh Hasina Sunday asked the officials of the National Board of Revenue (NBR) to inquire into abnormal growth of wealth of certain quarters, reports UNB. "You have to find out the source of their income and how much...