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Drug export witnesses sharp increase in 1st half of FY ’14

Badrul Ahsan | 2014-01-13 00:00:00

The export volume of local drugs has seen a sharp increase in the first half of the current fiscal year (FY) of 2013-14 thanks to their high-end production and better quality, industry insiders said. Besides, the continued efforts on the...

Tk 500b needed to give ruined rivers a new lease of life

Shamsul Huda | 2014-01-13 00:00:00

Water experts estimate that Tk 500 billion will be needed to give the country's ruined rivers a new lease of life. Bangladesh Water Development Board (BWDB) has already taken a move, as part of a giant dredging project, to let...

Technological development the country can take pride in

Neil Ray | 2014-01-13 00:00:00

Drone, a highly sophisticated self-propelled unmanned aeroplane, spells selective death to unsuspecting people -be they the feared Taliban or simple tribal people in Pakistan. The flying machine hovers at a great altitude beyond recognition of the advanced radar and suddenly...

Will there be another stock bubble?

Shamsul Huq Zahid | 2014-01-13 00:00:00

Notwithstanding all the controversies and street troubles surrounding the January 05 national election a new government took oath last Sunday on the basis of its results. It remains to be seen how the new government acts in an environment that...

Stocks open with mix trend

FE Online Report | 2014-01-13 00:00:00

The prices of most of the stocks on both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- witnessed modest see-saw in early hours of trading Monday, the second trading day of the week. After 30 minutes of...

Incentives being weighed for home, specialised textiles

Syful Islam | 2014-01-13 00:00:00

The government has moved to keep the home textile and specialised textile sectors afloat by providing various types of incentives, as export earnings from the two areas were continuously declining, sources have said. The move has been taken in the...

Dennis Rodman lands in North Korea for basketball on Kim Jong-un\\\'s birthday

reports ABC News of Australia | 2014-01-13 00:00:00

Former NBA basketball star Dennis Rodman has arrived in North Korea with a team of retired professional basketball players to mark the birthday of the country's leader Kim Jong-un. This marks Rodman's fourth trip to the North Korean capital, Pyongyang,...

Stocks see upward trend at opening

FE Online Report | 2014-01-12 00:00:00

The prices of most of the stocks on both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- witnessed positive trend in early hours of trading Sunday, maintaining the previous session’s uptrend. After 30 minutes of trading, the...

Low focus on attracting FDI reducing job opportunities

Shamsul Huda | 2014-01-12 00:00:00

Botched economic diplomacy and low focus on attracting foreign direct investments (FDI) are reducing job opportunities, hampering expansion of technology and hindering diversification of the country's manufacturing base, analysts said. According to a source in an apex trade chamber, in...

Saving wildlife in the Sundarbans

Khalilur Rahman | 2014-01-12 00:00:00

Wildlife in the Sundarbans is under serious threat. Of late a large number of poachers are active in the world's largest mangrove forest. Local people say gangs of poachers in connivance with a section of forest officials kill wild animals...

Where will current Indo-US diplomatic row lead to?

Zaglul Ahmed Chowdhury | 2014-01-12 00:00:00

As Devyani Khobragade, the Indian diplomat, who is at the centre of a strenuous Indo-American diplomatic row, has now been allowed to leave the US. This development appears baffling as to how a seemingly trivial issue snowballed into a major...

Workers being fired only to be hired on contract

Mohammad Mufazzal | 2014-01-12 00:00:00

A large number of readymade garment (RMG) factories in the capital and other industrial areas have cut jobs of a segment of their workers blaming it on workers' unrest and difficulty in implementing new wage structure. Factory owners, labour leaders...

\\\'Mrittika\\\' software can help double yield of robi crops

Jamal Uddin | 2014-01-12 00:00:00

Farmers in some parts of the country are getting almost double benefit in robi crop cultivation by using 'mrittika', a software developed by Grameen Intel Social Business Ltd (GISB). The software has been applied on more than 150 farmers under...

Mystery behind surge in import of capital machinery

Syed Ashraf Ali | 2014-01-12 00:00:00

There has been a flurry of speculations in the media about the reasons for abnormal rise in import of capital machinery in the recent months in the backdrop of the turmoil in the political arena. The conclusion drawn in the...

PISA, evaluating education system worldwide

Masum Billah | 2014-01-12 00:00:00

For gaining the 21st century skills students need to put emphasis on mathematics, science and English. These can be said as surviving skills as well. But the number of science students is decreasing at an alarming rate. The way of...

BPC seeks Tk 12.53b from govt as fuel subsidy

Rezaul Karim | 2014-01-11 00:00:00

The state-run Bangladesh Petroleum Corporation (BPC) has sought over Tk 12.53 billion as subsidy fund from the government to help keep its fuel imports and supplies uninterrupted, officials have said. The Ministry of Power, Energy and Mineral Resources recently sent...

Dealing with climate change: Six global events in January

Quamrul Islam Chowdhury | 2014-01-11 00:00:00

Six important events are taking place across the globe in January in order to shape how the world discusses climate change. Sophie Yeo of RTCC ( Climate change news, comments and analysis)  ran a report with a list of five...

Frozen food exporters suffer heavy losses

Maskurul Alam | 2014-01-11 00:00:00

Exporters of frozen foods have incurred Tk 1.8 billion losses in the past three months (October-December) due to political instability. Their dreams are going to be snuffed out owing to the recurrent nationwide blockades and hartals. The blockade not only...

International community on Bangladesh election

Syed Jamaluddin | 2014-01-11 00:00:00

Sunday's national election was controversial. International pressure is increasing for holding dialogue towards arranging a participatory and acceptable election. The outside world is frustrated as most voters could not exercise their franchise. Voter turnout was poor. UN Secretary General has...

The saviour called overseas remittance

Abul Basher | 2014-01-11 00:00:00

Total remittance in 2013 declined in absolute term from 2012 by $34 billion from $1418 billion to $1384 billion. Remittance has been identified as one of the two growth enablers in the recent years by the World Bank. At the...

Tanners now want to build township at Hazaribagh

Ismail Hossain | 2014-01-11 00:00:00

Tannery owners now want to build a modern township on around 50 acres of land in the city's Hazaribagh area after relocation of their factories to Savar. "We have discussed the issue in our forum and decided to construct a...

Dutch govt looks into business potential of BD deep-sea port

Syful Islam | 2014-01-11 00:00:00

Experts from the Netherlands government are examining business prospects for the proposed deep-sea port's construction in the country, sources said. It is set to be built at Sonadia in Cox's Bazar. The Netherlands government has already expressed its keen interest...

Country failing to diversify exports, attract FDI

Shamsul Huda | 2014-01-11 00:00:00

Bangladesh is missing a lot of opportunities to diversify its exports because of the faulty appointment system of commercial counsellors in missions abroad, sources said. In most of the cases the officials who are appointed and posted after two months'...

NBR move to stop misuse of duty-free machinery

Doulot Akter Mala | 2014-01-11 00:00:00

The National Board of Revenue (NBR) is going to empower both poultry farm and breeders' associations to give clearance to companies on proper use of machinery imported under duty-free facility. The Board has taken the decision in a bid to...

Stocks close higher on political development

Babul Barman | 2014-01-11 00:00:00

The stock market closed higher for the second straight week that ended Thursday with improving turnover as the investors put fresh funds into equities, hoping an end to political crisis. "Improved expectations on the political frontier and hope for market-friendly...

A few thoughts over branding Bangladesh

Mir Shariful Bashar | 2014-01-11 00:00:00

BANGLADESH, by all measurement of controversial wisdom, is unlikely to have the insight, infrastructure and human capacity to develop by herself. It was considered a 'basket case' for development some 40 years ago when it was established, but then again...

The Lancet reflects Bangladesh\\\'s health revolution

Masum Billah | 2014-01-11 00:00:00

Though I belong to the field of education, my interest travels round the international politics along with social and economic problems as they are intricately linked with the life of humans. And as a columnist all the incidents and happenings...

Beneath veneer of glittering affluence lies deep wound

Nilratan Halder | 2014-01-11 00:00:00

Nine per cent of young Britons, 750,000 in total, have nothing to live for. These are young people aged between 16 and 25 who are unemployed. The frustration is deeper among those unemployed for six months or more. The findings...

Govt borrowing from banks falls 32pc in first half of FY ’14

Siddique Islam | 2014-01-10 00:00:00

The government's borrowing from the banking system dropped by more than 32 per cent in the first half of the current fiscal year (FY) 2013-14 due mainly to lower implementation of the Annual Development Programme (ADP) caused by the ongoing...

Three foreign firms compete for PMB\\\'s $1.32b construction job

Munima Sultana | 2014-01-10 00:00:00

Three pre-qualified firms of China, Korea and India finally came up with their proposals to compete for the Padma main bridge construction as tender for the US $ 1.32 billion work was closed Thursday afternoon. The China Major Bridge Engineering...