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DSE turnover hits fresh 9-month low

FE Online Report | 2014-07-13 00:00:00

Turnover on Dhaka Stock Exchange (DSE) Sunday came down to Tk 1.50 billion, hitting a fresh nine-month low as ongoing pessimism kept investors mostly inactive in the market. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down...

China seeks to invest in 24 BJMC mills

Rezaul Karim | 2014-07-13 00:00:00

The government of China has sought to invest nearly US$ 1.0 billion in modernisation and repair of 24 mills under the Bangladesh Jute Mills Corporation (BJMC) under a government-to-government (G2G) arrangement. The state-run China Northeast Electric Power Engineering Company (NEPC)...

Public funds spoilt on jerry-built bridges

Munima Sultana | 2014-07-13 00:00:00

A substantial volume of public money spent every year on the construction of a number of bridges goes down the drain as the latter are found to be not compatible with the existing roads and also with the designs. Now...

Afghan scene: US seeks to reduce tensions over presidential polls

Zaglul Ahmed Chowdhury | 2014-07-13 00:00:00

Afghanistan - the war-ravaged country for last several years - is now on the threshold of a new crisis over the outcome of its presidential election. So much so has been the intensity of the looming crisis that the United...

Market monitoring drive fails to yield any tangible result

Talha Bin Habib | 2014-07-13 00:00:00

The market monitoring drive against the unscrupulous traders in the capital by the Directorate of National Consumer Rights Protection (DNCRP) is yet to yield any satisfactory result, consumers have alleged. Only 19 teams of the DNCRP are monitoring markets across...

Meghna Bank to move progressively

Mohammad Ali | 2014-07-13 00:00:00

Meghna Bank Ltd, a newly launched fourth generation bank, looks to move forward progressively by its 'prompt, accurate and safe' services, distinguishing itself from other banks, its chief executive officer (CEO) said. "We will move forward progressively but in a...

Revised listing regulations in the offing

Mohammad Mufazzal | 2014-07-13 00:00:00

Experts and stakeholders have said any kind of ambiguity regarding exchange's authority in conducting inspections in premises of listed companies should be removed for the sake of investors and market as well. They said this following the recent inactiveness of...

Experts suggest immediate survey, safeguards against intruders

Shamsul Huda | 2014-07-13 00:00:00

Experts suggest immediate survey to make an inventory of marine resources in the country's vast territorial waters now secured in the Bay of Bengal, especially for identifying sustainable fishing grounds with safeguards against poaching by foreign trawler crews.       Sending gaggles...

Local manufacturers can do it if policy supports provided

Ismail Hossain | 2014-07-13 00:00:00

Local manufacturers can easily meet the domestic demand of Tk 8.0 billion low-end computer accessories if necessary policy supports are provided, the industry insider said. They think abolition of current 15 per cent tax on import of raw materials of...

220 garment factories go bust, 80,000 left jobless

Shah Alam Nur | 2014-07-13 00:00:00

Fear and despair over losing jobs stare hundreds of readymade garment (RMG) workers in their face these days as many factories are facing closure amid a storm triggered by compliance issue in the aftermath of Rana Plaza collapse, industry-insiders said....

Investing in young people

Maswood Alam Khan from Maryland, USA | 2014-07-13 00:00:00

The greatest achievement in Bangladesh in terms of population development has been made possible with the educational attainment of young Bangladeshi children, especially the young girls, during the last two decades. Successive governments since the early 1990s have devoted tremendous...

Inflation: Will increase of cash requirement ratio deliver?

Abul Basher | 2014-07-13 00:00:00

The Bangladesh Bank (BB) has recently increased the cash requirement ratio (CRR) by 0.5 per centage points, from 5.0 per cent to 5.5 per cent on daily basis. At the same time, the bi-weekly average has to be 6.0 per...

Green marketing— global initiative

Md. Rezaul Karim | 2014-07-13 00:00:00

One business area where environmental issues have received a great deal of attention in the press is marketing. Terms like 'Green Marketing' and 'Environmental Marketing' appear frequently in the media. Many governments around the world have become so concerned about...

Modi eyes first labour overhaul in decades to create jobs

Rajesh Kumar Singh of Reuters from New Delhi | 2014-07-13 00:00:00

Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour...

BOJ upbeat on regional economies, reassures easy policy to stay

Leika Kihara of Reuters from Tokyo | 2014-07-13 00:00:00

The Bank of Japan kept its upbeat assessment for all of the country's nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank's price target without more monetary...

Faulty DPP, lengthy procurement delay project implementation

Syful Islam | 2014-07-12 00:00:00

The Asian Development Bank (ADB) has found that lengthy process of approval of development project proposal (DPP), its low quality and prolonged procurement procedure are delaying implementation of projects in Bangladesh, sources said. To reduce the procedural delays in project...

Significant increase in BIWTC\\\'s income from ferry services

Badrul Ahsan | 2014-07-12 00:00:00

The income of Bangladesh Inland Water Transport Corporation (BIWTC) from the ferry services increased significantly after installation of weighbridge scales at the ferry ghats last year, data showed. The BIWTC installed four weighbridge scales on January 3 and December 27...

Azerbaijan looks to boost trade ties with B\\\'desh

Abul Kashem | 2014-07-12 00:00:00

Azerbaijan, a central Asian country, has showed keen interest to promote and strengthen economic and trade relations with Bangladesh by signing a Trade and Economic Co-operation (TEC) accord, officials have said. Azerbaijan already sent a draft of the agreement on...

BD mulling FTA accord with Turkey

Talha Bin Habib | 2014-07-12 00:00:00

A high-powered Bangladesh delegation will fly to Turkey next month for negotiation over signing of a free trade agreement (FTA) with the latter for mutual benefits, a high trade official said. With this end in view, the Ministry of Commerce...

Stocks pass dull week as shaky investors stay on sidelines

Babul Barman | 2014-07-12 00:00:00

After walking on the positive path for two weeks in a row, the stock market witnessed major correction last week that ended Thursday as investors' confidence were shaky. The week featured all five trading sessions as usual and the market...

Impact of mass media on our culture

Md. Saifulllah Khaled | 2014-07-12 00:00:00

Since the 1950s, cinema, radio and TV had begun to be the most popular or the only source of information and entertainment for a large percentage of the population in the West. At one stage, these media outlets started to...

Bangladesh and the changing regional scenario

Saleh Akram | 2014-07-12 00:00:00

Noticeable changes are occurring in today's world. Asia is also changing, and its potential is being closely monitored by the Western giants. According to many, the US dominance in every sphere of the present unipolar world is being replaced by...

Bringing CSR under a policy framework

Bringing CSR under a policy framework | 2014-07-12 00:00:00

Contribution of businesses to good causes in society has taken various forms at different times.  Since time immemorial, renowned business houses had been extending their cooperation to their respective communities in this sub-continent. With the expansion of market, the business...

An innovative idea

Muttakin Rashid Alvi | 2014-07-12 00:00:00

We all know innovative ideas can bring about a big change. One of the innovative ideas is the digital admission process, first implemented by the Shahjalal University of Science & Technology (SUST) in 2009. The system has been running successfully...

The most attractive World Cup loses some of its shine

Nilratan Halder | 2014-07-12 00:00:00

This year's World Cup football has been the most attractive and entertaining ever. Not so much because people want to see goals which have been scored aplenty but also because the gap between the teams has narrowed down and many...

341 stranded cars to be released from ports soon

Syful Islam | 2014-07-11 00:00:00

The government is going to release soon 341 cars remaining stuck up for many years at the Chittagong and Mongla seaports because of an age bar, sources have said. A recent meeting, chaired by the Prime Minister's principal secretary, decided...

Why reject TIB report on private universities?

Nilratan Halder | 2014-07-11 00:00:00

Unsurprisingly, the Transparency International, Bangladesh (TIB) has come under scathing criticism from the education minister, the University Grants Commission (UGC) and the representatives of the 79 private universities of the country. The anti-graft body's fault is that it came up...

Preparing students for puberty

S. M. Rayhanul Islam | 2014-07-11 00:00:00

"I don't exactly remember who told me or how old I was when I found out about menstruation. However I do remember my feelings about this new-found knowledge. I thought it was disgusting and I still think it's disgusting. The...

Strong IPR key to competitiveness

Miah Rahmat Ali and M. Masrur Reaz | 2014-07-11 00:00:00

The growing importance of international trade has made Intellectual Property Rights or IPR a subject of global concern. In this era of globalisation and rapid expansion of the world economy, intellectual property and IPR have become crucial to economic, social,...

BDT appreciated slightly against dollar

Siddique Islam | 2014-07-11 00:00:00

Bangladesh Taka (BDT) appreciated slightly against the US dollar in the last couple of days mainly due to higher flow of inward remittance ahead of the Eid-ul-Fitr festival. The US dollar was quoted at Tk 77.60 in the inter-bank foreign...