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US Ticfa team to visit RMG, shrimp plants to evaluate progress

Syful Islam | 2014-03-01 00:00:00

A team of the United States Trade Representative (USTR) will visit several apparel units and shrimp processing plants in the country to get a firsthand experience on the progress Bangladesh has made so far on labour rights and safety issues,...

Ekushey Book Fair ends Publishers fetch Tk 160m

Khairul Islam | 2014-03-01 00:00:00

The month-long 'Amor Ekushey Grontho Mela' (Ekushey Book Fair) concluded Friday. According to many book lovers, the fair this year has failed to meet their demand as the event witnessed lower numbers of new titles including fictions and popular books....

Frozen fish exports to Russia set to resume this month

Ismail Hossain | 2014-03-01 00:00:00

Frozen fish export to Russia, suspended for allegedly not maintaining quality up to the market, would resume soon. The government has initiated moves to clear the way for resumption of shrimp and other frozen fishes exports to Russia, Fisheries and...

Stocks edge down while turnover rises 36pc on DSE

Babul Barman | 2014-03-01 00:00:00

The stock market edged marginally lower last week that ended Thursday with significant improvement in turnover as the market lacked any clear direction. The week featured all five trading sessions and the market lost three trading sessions while two sessions...

Developing women entrepreneurship

Ruma Halder | 2014-03-01 00:00:00

Bangladesh is a country of immense potential having a rapidly developing market-based economy. It has an aim to attain the middle-income-country status by the year of 2021. Approximately half of the total population of this country is women. It cannot...

VAT on superstores: A reply

Md Jamal Hossain | 2014-03-01 00:00:00

An article was published in the Financial Express on February 26, 2014 titled "On the issue of VAT on superstores" which has raised views different from those raised in this writer's article published in the same newspaper on February 23,...

Earthquake-resilient construction Working with informal workforce

Mohammed Norul Alam Raju | 2014-03-01 00:00:00

Because of its geological location, Bangladesh is a country highly susceptible to earthquakes and their secondary effects. This vulnerability, however, is continuing to increase as the consequences of rapid urbanisation, unplanned growth, the lack of governance, the unskilled labour force...

ICT industry : A ray of hope for development

Md Sazedul Islam | 2014-03-01 00:00:00

The IT industry in Bangladesh is an untapped mine brimming with possibilities. The industry operators tipped Bangladesh to be the next destination for business process outsourcing (BPO). Bangladesh has now become one of the most potential outsourcing destinations in the...

A day in NASA

ABM Ahsanullah | 2014-03-01 00:00:00

During our extended holiday in USA, my wife and I were travelling mostly in California, Oregon and Texas; transiting through Arizona. We went to Texas twice; first in Austin in December, 2012 while my eldest son-in-law, M Zahid Khondokar (Russel),...

Providence plays a part but man is no less responsible

Nilratan Halder | 2014-03-01 00:00:00

It is not unusual for the most joyous moments turning into a nightmare or tragedy. Whoever is involved, the sense of loss reverberates across the known circles and beyond. When none other than young children become the casualty, the poignancy...

Technology and social relationships

Niamat Ullah Sarker | 2014-03-01 00:00:00

We are living in an era that turns out to be a boom time for use of technology. In Bangladesh, particularly in the capital Dhaka, we observe significant changes in lifestyle of the urbanites due to technology that could not...

Britain turns to the east

Nehal Adil | 2014-03-01 00:00:00

British Prime Minister David Cameron, in the midst of global change and geopolitical shift of power visited China. Before that the Chinese leaders had received the European Union leaders in Beijing and the Chinese Prime Minister Li Keqiang met the...

Interest rate spread below 5pc in Jan

Siddique Islam | 2014-02-28 00:00:00

The interest rate spread in the country's banking sector came down to below 5.0 per cent again in January with the increase in competition among the banks for attracting well performing clients. "We're are now offering lower interest rate on...

Country\\\'s wheat import target for FY \\\'14 may be fulfilled

Talha Bin Habib | 2014-02-28 00:00:00

The government is optimistic about achieving its wheat import target during the current fiscal year (FY) 2013-14 due to its lower price in the international market compared to the previous year, a high food official said. "We will be able...

Move to set up garment village on unused BSFIC land

Rezaul Karim | 2014-02-28 00:00:00

The government is considering setting up a garment village on the unused land under Bangladesh Sugar & Food Industries Corporation (BSFIC). The ministry of commerce (MoC) would seek opinions of the Privatisation Commission (PC) on approval of the proposal, a...

Battling violence against women and other maladies

Selina Sheuly reviewing the book | 2014-02-28 00:00:00

Physical or sexual violence is a public health problem that affects more than one-third of all women globally, according to a new report released by WHO. Some 35 per cent of all women experience violence either by intimate partners or...

On economic impact of diabetes

Muhammad Abdul Mazid | 2014-02-28 00:00:00

Diabetes is a chronic condition that occurs when the body cannot produce enough or effectively use insulin. Insulin is a hormone produced by the pancreas that allows glucose from food to enter the body's cells where it is converted into...

Risk management system of banks to be improved

Shahana Bilkis | 2014-02-28 00:00:00

Information Technology is important in promoting faster and safer inter-connectivities among banks. The inherent challenges of IT along with its efficient role in banking services are also becoming vivid. All of us are well-informed of the government's vision of achieving...

Unacceptable deaths of migrant workers

Nilratan Halder | 2014-02-28 00:00:00

The news should have hit headlines in most contemporaries but it did not quite do as much. Perhaps more interesting proved the crossing of $19 billion mark in the country's foreign exchange (forex) reserve, a good part of which came...

DSE turnover crosses Tk 6b-mark

FE Online Report | 2014-02-27 00:00:00

Dhaka stocks closed flat Thursday amid volatile trading throughout the session with turnover crossed Tk 6.0 billion mark after 12-session as investors took position amid optimism. The prime index of the Dhaka Stock Exchange (DSE) --- DSEX --- ended at...

DSE, CSE open positive amid volatility

FE Online Report | 2014-02-27 00:00:00

The prices of most shares on both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – saw positive trend in early hours of trading on Thursday amid modest volatility. DSEX, the prime index of the DSE went...

BSEC differs with BB directive

Mohammad Mufazzal | 2014-02-27 00:00:00

The securities regulator differs with the central bank's verbal instruction regarding submission of day-to-day stock purchasing information by subsidiary firms of all banks to the Bangladesh Bank (BB), officials said Wednesday. On the other hand, the central bank says that...

Draft to be finalised within 45 days

Talha Bin Habib | 2014-02-27 00:00:00

The government has asked the committee concerned to finalise the draft Bangladesh Competition Commission Rules 2014 within the next 45 working days to implement the Competition Act 2012, a high trade official said. Earlier, the government constituted a six-member committee,...

Mongla seaport raises tariff by 10pc to make more profit

Syful Islam | 2014-02-27 00:00:00

The country's second seaport Mongla has increased its tariff by 10 per cent which is aimed at raising its profit, officials said. "We have raised user-tariff of the equipment, which are run on diesel and electricity, by an average of...

Energy drinks causing renal, other disorders among consumers

Shamsul Huda | 2014-02-27 00:00:00

Both local and foreign branded carbonated sugar and energy drinks are causing renal and other disorders among consumers due to availability of ingredients more than international standard levels. Though a BSTI (Bangladesh Standards and Testing Institution) move in reducing the...

Incidents of luggage missing at HSIA on rise

Shah Alam Nur | 2014-02-27 00:00:00

The number of luggage-missing incidents from the Hazrat Shahjalal International Airport (HSIA) has gone up alarmingly in recent times, causing frustrations and sufferings among air passengers, sources said. Mishandling of luggage causing harassment to inbound-passengers has become almost a regular...

NBR steps in to realise taxes from errant beverage groups

Doulot Akter Mala | 2014-02-27 00:00:00

The National Board of Revenue (NBR) has issued a guideline on tax collection from energy drink producers, which have evaded taxes in the absence of clear definition of soft and animated drinks. Taxmen alleged that some beverage groups are marketing...

Quality of regulatory framework

AMM Nasir Uddin concluding his four-part article titled Public-Private Partnership issues and practices | 2014-02-27 00:00:00

Quality of regulatory framework is the single most important issue for private infrastructure projects in all countries, particularly developing countries. The principal objectives of regulators tend to be: a. to prevent the exploitation of consumers by monopoly providers, and b....

G20 and global growth

Hasnat Abdul Hye | 2014-02-27 00:00:00

Group of 5 (G5) evolved into G20 in recognition of the changes that had taken place in global economy. It was realised that the big five plus Russia was not enough to take concerted actions to guide the world economy....

Ukraine developments - Setback for Russia?

Zaglul Ahmed Chowdhury | 2014-02-27 00:00:00

President Vladimir Putin's aggressive but at times prudent foreign policy, including in the Syrian conflict, has earned him credits in recent times. Lately, however, the Russian leader has suffered a setback in Ukraine. The former Soviet republic has been in...