A complete overhaul of the education system of Bangladesh is very necessary. The present system produces mainly literates or generalists. They are of no use for the country's development or economic needs. The thrust right from the primary to secondary...
Air Commodore Muhammad Zakiul Islam ndu acsc (Retd)SOME witty cynics have postulated two main principles of Economics. The First principle says: For every economist, there is an equal and opposite economist. Sounds familiar. But whatever be their level and intensity...
Syed JamaluddinHUNDRED days is too short a time to make any judgment on the performance of a government but preliminary observations can be made about the decisions made by it. We hope that the government will continue its work programme,...
Nizam AhmadTHE government is unable to meet the energy demand of the country's population. The country needs a radical energy policy. The best would be for the government to stand back and allow the market's competitive forces to generate power....
An Iranian-American journalist branded a US spy has been jailed for eight years by Iran, her lawyer says, reports BBC.Roxana Saberi, 31, was arrested in January and went on trial this week. She worked briefly for the BBC three years...
PORT OF SPAIN, April 18 (AFP): US President Barack Obama has seized on an extraordinary overture from Cuba to propose talks aimed at breaking 50 years of hostility between Washington and Havana which was born out of the Cold War.He...
Sri Lanka has rejected a fresh appeal by the UN to give civilians more time to leave a safe zone in the north-east, the defence secretary says, reports BBC.Only a few hundred civilians used the two-day unilateral government truce with...
Every month, Michelle Barker would miss a couple of days of university because of her period, reports BBC.And every month, for up to 10 days before her period, she would be angry, anxious or depressed.Her attendance got so bad that...
Armenian president to visit Russia amid peace drive MOSCOW, April 18: The Armenian president is to visit Moscow next week, the Kremlin announced Saturday, amid intensifying Russian efforts to solve his Caucasus state's longstanding conflict with Azerbaijan. Armenian President Serzh...
LONDON, April 18 (Reuters): Russia has taken a gamble in giving Chechnya's independent-minded president responsibility for security as this may embolden him to attempt to wrest the province from Moscow's control. Russia has fought Chechen rebels in two wars since...
MOGADISHU, April 18, (AFP), Somalia's parliament unanimously approved Saturday a government proposal to introduce Islamic sharia law in the country, parliamentary deputy speaker Osman Elmi Bogore told AFP."There were 340 members at the session and they voted unanimously for the...
YANGON, April 18, (AFP): Myanmar weather officials Saturday said a cyclone that earlier hit neighbouring Bangladesh had weakened and was unlikely to endanger lives, but maintained a warning to avoid the west coast.State media said the threat from Cyclone Bijli...
LONDON, Apr 18 (AFP): Commodity markets diverged this week as traders reacted to mixed economic data in China and the United States, which both consume vast amounts of most raw materials. Many dollar-priced commodities were dented by the stronger US...
Our CorrespondentChittagong, Apr 18: Proper initiatives will be undertaken for establishing Chittagong as a full-fledged commercial capital restoring its previous heritage in trade and commerce under overall supervision of the leaders of Chittagong Chamber of Commerce and Industry (CCCI) and...
NEW YORK, Apr 18 (Reuters): American International Group Inc agreed to sell its U.S. auto insurance business to Zurich Financial Services for $1.9 billion, marking the largest asset sale by the insurer since its September rescue.Separately, Zurich said on Thursday...
NEW YORK, Apr 18 (AFP): General Motors will need five billion dollars in additional government aid "soon," chief executive Fritz Henderson said Friday in an update on the troubled automaker's restructuring plans. Henderson, who took the helm at GM as...
NEW DELHI, Apr 18 (PTI): In the backdrop of the demand by India's main opposition BJP on bringing back money stashed in banks abroad, Switzerland Friday said it would always play according to the "principle of law" if any request...
Our CorrespondentCHITTAGONG, Apr 18: Training is a must for enhancing professional efficiency and building knowledge-based human resources for the multi-dimensional organisations like Chittagong Port (CP).Chittagong Port Authority (CPA) Member (engineering) Captain Jubayer Ahmad expressed the opinion while speaking at the...
HELSINKI, Apr 18 (AP): Nokia Corp. said Thursday profits plummeted 90 per cent in the first quarter because of fading demand for mobile phones amid the world economic downturn but its shares surged, because analysts had expected an even gloomier...
GENEVA, Apr 18 (AFP): China yesterday lodged filed a complaint against the United States at the World Trade Organization over "discriminatory" US legislation against Chinese poultry imports. "China considers that the US ... through Section 727, is in breach of...
BOAO, Hainan, Apr 18 (Xinhua): The Boao Forum for Asia (BFA) Annual Conference 2009 officially opened here in the scenic Boao town of south China's Hainan Province today, focusing on the role of Asian countries, especially emerging economies in this...
All members of Delta Life Insurance Company Limited have been advised to work relentlessly for maintaining a healthy growth in business and company's leading position in the industry in the years to come. Chairman of the board of directors of...
KUALA LUMPUR, Apr 18 (AFP): A Malaysian minister said Thursday that more than 30,000 local and foreign workers had lost their jobs this year amid the global slowdown.Deputy human resources minister Maznah Mazlan told state news agency Bernama the figure...
The ninth annual general meeting (AGM) of Islami Insurance Bangladesh Limited has approved 10 per cent cash dividend for the year that ended on December 31, '08.The AGM was held in the city recently. Vice Chairman of the company M...
HANOI, Apr 18 (AFP): Vietnam will reduce some tariffs on goods and services to push up demand in the face of an economic slowdown, according to a decision signed by the prime minister. Value-added tax (VAT) on garment and textile...
GENEVA, Apr 18 (AFP): OECD chief Angel Gurria told Switzerland to face up to a new "harder" international climate surrounding tax secrecy, in an interview published today. "When Switzerland raised objections, we understood but our reaction was to say: there's...
LOS ANGELES, Apr 18 (Xinhua): The current financial crisis has forced Americans to change their way of life by borrowing less, saving more and being far more careful with their spending. Economists worried such changes would slow the recovery of...
Al-Arafah Islami Bank Ltd concluded a five-week long 'Foundation Course on Banking' for its the newly recruited probationary officers in the city recently, says a press release. Chairman of the board of directors of the bank Badiur Rahman was present...
A seminar on 'Cultural heritage of Bangladesh and impact on business' was organised by Business and Economics Club of Atish Dipankar University of Science and Technology (ADUST) in the city recently.ADUST School of Business and Economics Chairman Dr Muhammad Mahboob...
BEIJING, Apr 18 (AFP): China's top auditor said it had recovered a total of 27 billion yuan (four billion dollars) of funds embezzled in 2007, amid an ongoing battle against rampant corruption. The National Audit Office said in a statement...
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