LONDON, July 7 (AFP): Asian economies will "grow pretty fast" over the next two decades, with Indonesia and Vietnam emerging as the new stars behind powerhouses China and India, HSBC chairman Stephen Green said Tuesday."Asia is not just a Chinese...
Siddique Islam The government has changed its debt management strategy, focusing more on long-term borrowing to facilitate development activities, officials said. Under the strategy, the government will increase borrowing for longer tenure by issuing different bonds instead of short-term borrowing...
Dhaka Bank Limited (DBL) will provide scholarships to the students of social science faculty of Dhaka University (DU) as a part of celebrating its 15th anniversary.Mr. Reshadur Rahman, Chairman of DBL Monday handed over a cheque to Mr. A A...
Monira MunniGarment manufacturers are strongly trying to expand market in India where presently only eight million pieces are allowed to enter, officials said.They are planning to organise single country fairs and several buyer-seller meets for more interaction to give a...
The cabinet committee on reviewing the Perspective Plan is yet to finalize the country's long-term Plan, which will be the base of the ongoing 6th five-year plan (2010-15) and the 7th five-year plan (2015-20), reports UNB.The draft of the 'Outline...
Bangladesh Development Bank Limited (BDBL) has formed two separate subsidiary companies to deal with business in the share markets, reports UNB. The new bodies are: BDBL Securities Limited and BDBL Investment Services Limited. The first meeting of the board of...
Our CorrespondentChittagong, Jul 7: The Island Securities Ltd, a leading and renowned brokerage house and member of both the DSE and CSE, today launched its corporate extension office at Akteruzzaman Centre in Agrabad commercial area in the port city.Managing director...
M Azizur RahmanThe government is formulating a comprehensive power system master plan (PSMP) to generate around 35,000 megawatts (mw) of electricity by 2030 targeting to have a 20 per cent surplus over the cumulative demands, top officials said Tuesday.Coal and...
Bangladesh, which is eyeing increasing remittance flow through exploring new labour markets in the coming days, may face stiff challenges unless it ensures sending of skilled workers abroad, an expert says, reports UNB."One of the most important challenges that lie...
M/s HKD International (KEPZ), a Korean company will expand its business arena for manufacturing Tent industry in Karnaphuli Export Processing Zone (KEPZ), said a press release.Earlier, its proposed investment was $4.422 million (approximately), which will be increased up to $16.280...
CAPE TOWN, July 7 (AFP): President Jacob Zuma said Tuesday the World Cup had brought "priceless" benefits to South Africa, as the Netherlands went through to the final after a thrilling semi-final encounter with Uruguay.With Sunday's final now just days...
CAPE TOWN, July 7 (AFP): The Netherlands stormed into their first World Cup final since 1978 Tuesday, beating Uruguay 3-2 to set up a title clash against either Germany or Spain.Two goals inside three second-half minutes, from Wesley Sneijder and...
THE HAGUE, July 7 (AFP): Dutch newspapers hailed in bold orange letters Wednesday their footballers achievement in reaching the country's third World Cup final after a 3-2 victory over two-time winners Uruguay."FINALS!" screams the front page of the popular Telegraaf...
PARIS, July 7 (AFP): The blame for France's catastrophic World Cup finals campaign should be laid at the door of former coach Raymond Domenech, said veteran defender William Gallas Wednesday.The 32-year-old - who is looking for a new club as...
CAPE TOWN, July 7 (AFP): Uruguay coach Oscar Tabarez has reminded his team they still have a job to do at the World Cup despite their agonising 3-2 semi-final defeat to the Netherlands.The South Americans failed in their bid to...
WASHINGTON, July 7 (Agencies): US President Barack Obama, dismissing cracks in talks with Israeli Prime Minister Benjamin Netanyahu as unfounded , sounded upbeat that direct Middle East peace negotiations would be resumed by the end of September."I believe that Prime...
GENEVA, July 7 (AP): An experimental solar-powered plane whose makers hope to one day circle the globe using only energy collected from the sun took off for its first 24-hour test flight Wednesday.The plane with its 262.5-foot (80-meter) wingspan left...
Demonstrations have continued for a second day outside the UN's Colombo offices with protesters angry over its probe into alleged war crimes, reports BBC.UN staff in Colombo have been asked to work from home. Only a few key people are...
LONDON, July 7 (AFP): Britain was to announce Wednesday that its troops will withdraw from an area of southern Afghanistan where they have suffered heavy losses and hand control to the United States.British Defence Secretary Liam Fox was expected to...
SEOUL, July 7 (AFP): North Korea warned Wednesday of a 'do-or-die' battle if the UN Security Council adopts statement condemning it for a deadly attack on a South Korean warship earlier this year.If the council adopts a document "pulling up...
TEHRAN, July 7 (AFP): Newly-imposed sanctions "may slow down" Tehran's nuclear drive, including its sensitive uranium enrichment work, but will not halt the programme, atomic chief Ali Akbar Salehi said Wednesday.Salehi's comments marked the first time a top Iranian official...
SRINAGAR, July 7 (AFP): Indian army soldiers joined police and paramilitary troops enforcing a curfew across much of Kashmir Wednesday, a day after three protesters were killed.The two men and one woman died when security personnel opened fire to contain...
LONDON, July 7 (AFP): Princess Diana's family Tuesday sold an important Old Master painting by Peter Paul Rubens for nine million pounds (13.6 million dollars, 10.8 million euros) at auction."A Commander Being Armed For Battle", which is thought to depict...
THE plan of action, as was earlier announced by the ministry of finance (MoF), for offloading a part of the stakes of state-owned enterprises (SoEs) through the bourses has remained inoperative, for one reason or other. In the face of...
Saleque SufiThere is no dearth of proposals for short-, medium- and long-term actions to help overcome the problems that the country is now facing in its vital energy sector. Seminars, symposia and round-table meetings have been held aplenty, both at...
Mostafa Anwar BUSINESS process outsourcing (BPO) is a form of outsourcing that involves the contracting of the operations and responsibilities of a specific business function (or processes) to a third-party service provider. Originally, this was associated with large manufacturing firms...
Prime Minister has been forthright in her rejection of the cabinet colleagues' demand that they be given the privilege of importing duty-free cars. It is patently unreasonable when they get official transports befitting their positions and functions. They are perceived...
The mere spending of the budgeted money such as on paying salaries and for perks of government's employees including additional sums on these heads, must not be considered as implementation of the budget. Spending targets in such areas are usually...
Ferdaus Ara BegumRecent innovation of jute genome sequencing has made people optimistic about revival of the past glory of jute. Jute genome decoding project has advanced us one stage ahead. The success of the project has opened a new window...
Maswood Alam KhanWe must salute the present government to approve Bangladesh National Anthem, Flag and Emblem (Amendment) Act, 2010, an act that will safeguard our most sacred prides and will educate the people on the etiquettes of our national flag...
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