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First ever digital pre-paid cash card soon

2009-09-04 00:00:00

The country will soon get the first ever pre-paid cash card as Bangladesh Bank (BB) has decided to allow the commercial banks to issue the instrument for facilitating the customers, reports BSS. The central bank Tuesday initiated the cash digitalisation...

Review of duty and taxes on SIM card and mobile sets

2009-09-03 00:00:00

THE government, according to a report published the other day in this paper, might soon review the duty and taxes levied on mobile phone sets and subscriber identity module (SIM) cards in the budget for the current fiscal year. The...

Driving home the message of energy conservation

2009-09-03 00:00:00

Enayet Rasul BhuiyanBangladeshis are going through an energy crisis; the entire people of the country are suffering in varying degrees for it. They are also in the habit of cursing the government for the failure to supply more energy to...

For a clear manpower export policy

2009-09-03 00:00:00

Ferdous AlamDESPITE its importance in the economy, manpower export, left to the whims of private agencies, remains a neglected sector. The worker, whose remittance create the cushion for the country, often falls victims to exploitation, cheating and other corrupt practices...

Where is the change?

2009-09-03 00:00:00

ONCE again, the spectres of a hopelessly dysfunctional parliament and political instability are with us. But this was not the hope with which millions and millions of voters voted in the last held parliamentary election. They expected a rebirth of...

Electricity wastage on useless traffic signals

2009-09-03 00:00:00

THE automatic traffic signals no more work in what is now a hyper busy Dhaka city. Unlike in other modern cities, the traffic signals in Dhaka are only for show. The traffic police have been manually regulating the city's traffic...

Let's stand for humanity

2009-09-03 00:00:00

CONCERTED steps are needed to protect basic human rights, equality, peace and social justice and achieve sustainable social development. We also need to create awareness on trust-based relations among people of all religions. We have to empower the people at...

Syndicates do exist

2009-09-03 00:00:00

Some people insist that syndicates do not exist in Bangladesh. But they certainly do, as do multiple rent-seeking interests all along the delivery line in the market. The government should therefore take realistic steps and intervene properly to monitor the...

Cheats, frauds and extortionists galore

2009-09-03 00:00:00

Maswood Alam KhanTHE first lesson a cheat in the making religiously follows is the art and dexterity of winning people's confidence. A seasoned swindler before defrauding a victim first sorts through his or her penchants and presents himself as a...

Himalayan nations hold first climate talks

2009-09-03 00:00:00

Tarequl Islam Munna Nepal's prime minister opened the first climate change conference of Himalayan nations last Monday with a warning about the dangers of melting glaciers, floods and violent storms for the region. With 1.3 billion people dependent on the...

Trafficking networks need to be smashed

2009-09-03 00:00:00

TRAFFICKING networks spread across South Asia need to be smashed to save the unsuspecting victims, the girls, and women.Women and child trafficking, one of the worst human abuse is on the rise across the world today. A serious crime for...

Are we prepared to tackle the worst of swine flu?

2009-09-03 00:00:00

Swine flu scare has caught up with the city residents. Many schools have been closed for fear that the students might get infected. But what about the hundreds of thousands on the streets? Some people have taken to wearing face...

Issues for international trade

2009-09-03 00:00:00

BANGLADESH economy could face problems in its international trade for neglecting what it can do in this arena.Information and Communication Technology (ICT) has completely transformed business. Free market economy got a boost from online marketing. Bangladesh needs to be prepared...

Ending Eid travel agonies

2009-09-03 00:00:00

The millions of people who leave Dhaka city and other major cities every year for observing the same in their village homes or point of origin during the two Eids, are forced to suffer many travails in this period. The...

Moral courage

2009-09-03 00:00:00

MORAL courage helps a person more than physical courage. The distinction is clear. Physical courage means the courage to face physical dangers, such as bodily pain and death. Moral courage gives the strength for unarmed victory. Habibur Rashid IsmailChittagonghabibur.rashid.ismail@gmail.com

World stocks slide despite upbeat data

2009-09-03 00:00:00

LONDON, Sept 2 (AFP): Global stock markets slid today, with the heaviest losses seen in Asia, as investor confidence in economic recovery wanes despite positive economic data from around the world. "Compared to last months' optimism, investors seem afraid of...

Newspaper publisher Freedom files for bankruptcy

2009-09-03 00:00:00

WASHINGTON, Sept 2 (AFP): Freedom Communications, owner of the Orange County Register and 30 other newspapers, filed for bankruptcy yesterday, the latest victim of the crisis gripping the US newspaper industry. The Irvine, California-based company, which has 8,200 employees, filed...

Asian automakers get over half US auto sales for first time

2009-09-03 00:00:00

CHICAGO, Sept 2 (AFP): Asian automakers gobbled up more than half of US auto sales for the first time in August as a government-funded "Cash for Clunkers" program spurred demand for their fuel-efficient vehicles, industry data showed yesterday. Asian brands...

German auto scrapping bonus is ending

2009-09-03 00:00:00

FRANKFURT, Sept 2 (AFP): Germany's car scrapping premium was set to expire today after two million buyers took advantage of the government's landmark offer which has boosted the crisis-hit auto sector. But although the plan has succeeded in keeping domestic...

Call to set up poultry training centre in Joypurhat

2009-09-03 00:00:00

Our CorrespondentJOYPURHAT, Sept 2: The poultry farmers in the district have made an appeal to the government to establish a training centre for boosting the local poultry industry.Joypurhat district has already gained reputation as a large poultry growing area in...

Hyundai Mobis wins two billion dollar order from Chrysler

2009-09-03 00:00:00

SEOUL, Sept 2 (AFP): Hyundai Mobis said today it has won a two- billion-dollar order from US automaker Chrysler in what it called the largest- ever contract for a South Korean autoparts maker. The company, a subsidiary of the country's...

India to import sugar; Govt provides cheap loans to farmers

2009-09-03 00:00:00

NEW DELHI, Sept 2 (PTI): India would import sugar in the 2009-10 season starting October to tide over a deficit in output as drought and less stocks from this season have set prices spiralling. "As per the intital estimate of...

Oil remains below 70 dollars after overnight declines

2009-09-03 00:00:00

SINGAPORE, Sept 2 (AFP): Oil recovered in Asian trade today but was still below 70 dollars amid worries about energy demand, analysts said. New York's main contract, light sweet crude for October delivery was 52 cents higher at 68.57 dollars...

Yen boosted in Asia by falling stocks

2009-09-03 00:00:00

TOKYO, Sept 2 (AFP): The yen traded near seven-week highs against the euro and the dollar in Asian trade today as falls on global stock markets spurred demand for safe-haven investments. The dollar slid to as low as 92.51 yen...

China raises fuel prices for 4th time

2009-09-03 00:00:00

SHANGHAI, Sept 2 (AFP): China said it was raising petrol and diesel prices by up to five percent from Wednesday, the fourth hike this year, setting new highs in some areas as it moves closer to a market-based pricing system....

India dependent on China, US for electronic goods imports'

2009-09-03 00:00:00

NEW DELHI, Sep 2 (PTI): India is heavily dependent on imports of electronic goods from countries like the US and China to meet its domestic demand, a joint study by Assocham and Ernst and Young yesterday said. Citing reasons for...

Tata Motors delivers 2,501 Nanos in August

2009-09-03 00:00:00

NEW DELHI, Sep 2 (PTI): India's largest auto maker Tata Motors delivered 2,501 units of small car Nano - billed as the world's cheapest four wheeler-during the first full month of its sale in August. The company, which rolled out...

Mercantile Bank becomes main sponsor of '5th Knit Expo,09'

2009-09-03 00:00:00

FE ReportMercantile Bank Limited (MBL) has become the main sponsor of '5th Knit Expo,09' to be arranged by Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) in early November this year.The announcement came Wednesday at a cheque handover ceremony at MBL...

Citi arranges workshop on SWIFT

2009-09-03 00:00:00

Citibank, N.A. Bangladesh recently organized a workshop on SWIFT (Society for Worldwide Interbank Financial Telecommunication) for Branch In-Charge, Foreign Exchange In-Charge and Officials involved in Letter of Credit Issuance & Payments of Private Commercial Banks (PCB) for the southern region...

ICB AMCL 2nd Mutual Fund lottery Sep 10 likely

2009-09-03 00:00:00

FE ReportThe lottery for share allotment of ICB AMCL Second Mutual Fund is expected to be held on September 10, subject to the approval of the Securities and Exchange Commission (SEC).It will be the 19th closed-end mutual fund to be...