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Prof Yunus and govt's role

2011-03-13 00:00:00

Whether we like it or not, many people know Bangladesh because of Professor Muhammad Yunus. Many people changed their idea about Bangladesh because of him. He showed the world that Bangladeshis can be innovative, and can solve their own problem...

A fantastic victory!

2011-03-13 00:00:00

It was a fantastic victory! The Bangladesh team humbled mighty England in the cricket World Cup Group B match played in Chittagong on Friday last. Wow! Words cannot express my appreciation for our Tigers. It was not their first victory...

Manpower export prospect after turmoil in the Middle-East

2011-03-13 00:00:00

Securing overseas employments for the Bangladeshi workers appears to be tough and rough in the context of present scenario in the Gulf and other prospective countries. Situation in Libya, Egypt, Bahrain and many other Arab countries remain tense. Economy in...

Not a sound rationale for wealth tax at this stage

2011-03-13 00:00:00

The government, as the media reports said, is thinking about introducing wealth tax. People with more than one house or plot of land would be subjected to such a tax. But already people are required to pay tax on any...

Malaysia launches drive to woo Bangladeshi patients

Talha Bin Habib | 2011-03-13 00:00:00

Talha Bin Habib Malaysia has built up an affordable and high quality healthcare system over the last few decades in an effort to woo patients from across the globe, said Chief Executive Officer of Malaysian Healthcare Travel Council. Dr Mary...

900 BD workers in Libya return home via Egypt today

2011-03-13 00:00:00

Some 900 Bangladeshi workers employed in Libya were scheduled to return home from Egypt today (Sunday), the Foreign Ministry has said. So far 13,429 Bangladeshi workers have been repatriated from Egypt and Tunisia borders -- 3,289 by the employer companies...

Earth's axis shifts 25 cm

2011-03-13 00:00:00

Italy, Mar 12: The earth's axis has shifted 25 cm as a result of the quake in Japan, says Italy's National Institute of Geophysics and Volcanology. The US Geological Survey, meanwhile, said the main island of Japan had shifted 2.4...

Eradicating mosquito menace

Khalilur Rahman | 2011-03-13 00:00:00

Khalilur RahmanMosquito menace in Dhaka city has assumed an alarming proportion causing utmost sufferings to the residents. For quite a long time the Dhaka City Corporation (DCC) appears to be indifferent to eradicate the tiniest creatures. The only DCC activity...

Exports can be up further 'if infrastructures are developed'

FE Report | 2011-03-13 00:00:00

FE Report Bangladesh can increase its exports further if its infrastructures such as road, ports and also the power and skill of mid-level management in the readymade garment (RMG) sector are developed, said entrepreneurs at a seminar in the capital...

Tata Motors to set up car spare parts plant in country

FE Report | 2011-03-13 00:00:00

FE ReportTata Motors Ltd of India has primarily agreed to establish a spare parts industry of Tata cars in joint-venture with Bangladesh in the country. This was disclosed Saturday at a press conference and award-giving ceremony at the Dhaka Reporters...

Two-way trade with Canada tops $1.4b

Our Correspondent | 2011-03-13 00:00:00

Our CorrespondentCHITTAGONG, Mar 12: The two-way trade between Canada and Bangladesh topped $1.4 billion in 2010, up over 50 per cent since 2008, with the balance still in favour of Bangladesh. Last year Canadian exports to Bangladesh were almost $600...

Arab League backs no-fly zone in Libya

Fazle Rashid | 2011-03-13 00:00:00

Fazle RashidNEW YORK, Mar 12: Gaddafi, least concerned about the loss of lives, used aircraft, tank and artillery fire, to recapture Zawiyah, a city under the control of the rebels which is close to country's largest oil refinery. The pledges...

Experts call to make use of climate change opportunities

FE Report | 2011-03-13 00:00:00

FE ReportClimate change has spawned new business opportunities for the Bangladeshi entrepreneurs and they should make new investment after taking stock of the impact of global warming on their projects, experts said Saturday. Vice-chancellor of Brac University Professor Ainun Nishat...

Reforms to make VAT law people friendly: Muhith

2011-03-13 00:00:00

SYLHET, Mar 12 (UNB): Finance Minister AMA Muhith said Saturday that steps are underway to reform the VAT law to make it people-friendly. Speaking at a view-exchange meeting here the minister said in fact the government has taken initiative to...

Uniform guideline for asset revaluation of SoEs soon

FE Report | 2011-03-13 00:00:00

FE ReportThe Ministry of Finance (MoF) has formed a five-member committee to formulate a uniform guideline for the purpose of revaluation of the assets of the state-owned enterprises (SoEs) concerned prior to the offloading a part of their stakes onto...

DSE polls today

2011-03-13 00:00:00

The yearly election of the board of directors of Dhaka Stock Exchange (DSE) will be held today (Sunday). The members of the DSE will elect four new directors through the election. Seven candidates will vie for the post of the...

Indo-Bangla energy equipment fair due in May

2011-03-13 00:00:00

A three-day Indo-Bangla exhibition on energy and power equipment will begin in the city in May aiming to boost bilateral trade relations between Dhaka and New Delhi. "The forthcoming exhibition will enable energy entrepreneurs to promote and showcase their products,"...

SEC moves to make training must for top stock traders

Mohammad Mufazzal | 2011-03-13 00:00:00

Mohammad MufazzalThe securities regulator is set to make training on capital market management a must for top officials of brokerages and merchant banks in an effort to help increase supply of quality professionals for the stock market. Chairman of the...

DCCI grieved at loss of lives in Japan quake

2011-03-13 00:00:00

DCCI President Asif Ibrahim and the members of the Board of Directors expressed deep shock at the loss of a large number of lives and belongings in the devastating earthquake and Tsunami that hit Japan on Friday, says a Press...

Lack of skills impedes workers' employment

FE Report | 2011-03-13 00:00:00

FE ReportAt least 18 million people or 33 per cent of the country's total labour force suffer mainly due to lack of skills to meet the demand of the market, industry insiders said at a seminar Saturday. There are 54...

Footwear sector witnesses robust growth

Badrul Ahsan | 2011-03-13 00:00:00

Badrul AhsanThe country's footwear sector has witnessed a handsome growth in the last couple of years as both foreign and local entrepreneurs invested big amount of funds to avail more shares in the global market. According to the Board of...

Bank Asia donates ambulance to Anjuman Mufidul

2011-03-13 00:00:00

As a part of corporate social responsibility, Bank Asia has donated an ambulance to Anjuman Mufidul Islam. A Rouf Chowdhury, chairman of the bank handed over the key of the ambulance to Abdur Rashid, vice chairman of Anjuman Mufidul Islam...

Uniform guideline for asset revaluation of SoEs soon

FE Report | 2011-03-13 00:00:00

FE ReportThe Ministry of Finance (MoF) has formed a five-member committee to formulate a uniform guideline for the purpose of revaluation of the assets of the state-owned enterprises (SoEs) concerned prior to the offloading a part of their stakes onto...

Re-insurers take another hit from quake in Japan

2011-03-13 00:00:00

FRANKFURT, Mar 12 (AFP): Global insurers girded for new hits on their balance sheets as they began assessing the massive Japanese earthquake, less than three weeks after a deadly and costly quake in New Zealand. Stocks in European re-insurance companies...

Italy's economy grows 1.5pc in Q4 of 2010

2011-03-13 00:00:00

ROME, Mar 12 (Xinhua): The Italian economy grew 1.5 per cent the last quarter of 2010 year-on-year, helped by increased consumer spending and exports, national statistics agency Istat said Friday. The agency reported a 1.3-per cent growth for the said...

Bharat Forge to tap potential in core manufacturing biz

2011-03-13 00:00:00

PUNE, Mar 12 (Economic Times): Bharat Forge, the world's second largest forgings maker, has chalked out plans to expand its core manufacturing business and tap the growing potential of the infrastructure sector. "For us, opportunity in the infrastructure sector is...

Apple fans snap up new iPad

2011-03-13 00:00:00

SAN FRANCISCO, Mar 12 (AFP): The new iPad went on sale in the United States, with Apple fans queuing at the company's stores across the country to be among the first to snap up the coveted tablet computers. Apple began...

Lawson Software receives $1.8b offer

2011-03-13 00:00:00

NEW YORK, Mar 12 (Reuters): Lawson Software said late Friday it had received an unsolicited bid from privately held software company Infor and Golden Gate Capital to acquire all its outstanding common stock at $11.25 per share in cash. Shares...

Regulators close small banks in Okla, Wis

2011-03-13 00:00:00

WASHINGTON, Mar 12 (AP): Regulators Friday shut down small banks in Oklahoma and Wisconsin, lifting to 25 the number of US bank failures this year after economic distress and soaring loan defaults brought down 157 banks in 2010. The Federal...

US consumer confidence at five-month low

2011-03-13 00:00:00

NEW YORK, Mar 12 (Agencies): US consumers' confidence about their financial prospects and the course of the economy is at the lowest level in five months, according to a report released Friday. The preliminary index of consumer sentiment for March...