PM pledges power for all by 2020
Mentioning power as the driving force for the development, Prime Minister Sheikh Hasina promised yesterday to ensure electricity for all within 2020 while unveiling the plaque of newly-built 51 megawatt rental power plant at Fenchuganj of Sylhet.
Blaming
|
Should Gazprom fear shale gas revolution?
European countries heavily dependent on Russian gas supplies are cheered by signs of a balance shift in the continent's energy market.
Laying a gas pipeline in Russia
Dozens of companies, including world majors, have begun exploring or even drilling in
|
Sirajganj power plant offer turned down
The government has decided to launch fresh bidding on the 300-450 mw Sirajganj power plant project by turning down a proposal of the power ministry to award Summit Power Ltd the job of implementing it.
"Since the previous government had scrapped it about
|
Rio Tinto ends annual ore pricing
Rio Tinto has followed rival mining firms and says it is negotiating new iron ore supply contracts priced for three months rather than a year.
The move ends years of tradition and is seen as a demonstration of the power the miners have over their custome
|
Hasina asks power officials to work sincerely
Prime Minister Sheikh Hasina Thursrday directed the Power Division officials to work with sincerity and dedication for generating 9,426MW electricity by 2015. About the Prime Minister's office at the Ministry of Power, Energy and Mineral Resources (MoPEMR
|
Renewable energy needed to ease power crisis
State Minister for Science and ICT Yeafesh Osman has stressed the need for raising the use of renewable energy to ease the power crisis.
He made the remark while addressing as chief guest at a national seminar "The Role of Renewable Energy to Address the
|
ECNEC okayes 7 projects
The government on Tuesday approved seven projects, including capital dredging of country's river system and Buriganga river restoration, involving Taka 2,840 crore.
The approval was given at a meeting of the Executive Committee of National Economic Counc
|
10 Ways to Ask for the Job at the Interview
A lot of job hunting advice tells you to always end the interview by asking for the job. Which leads many job hunters to ask, "How exactly do you ask for a job?"
Great question. You'll find 10 sample approaches below. But first, here are two major points
|
Quiet Your Mind : 4 Steps
"I can't stop thinking about it."
We all know this frustration, when "it" can mean a tough workday, a recently departed girl friend or a nerve-wracking upcoming event. Whatever the case, we'll be better off the moment we bring peace to our thoughts.
Thi
|
5 Ways to Turn Off Employers
Job searches, much like first dates, are about giving the other party -- in this case the employer -- a once-over and presenting yourself in the best possible way. Also similar to first dates, job searches give you several opportunities to make a single m
|
EWU Rotaract Club Organizes Blood Donation Program
A daylong voluntary blood donation program was organized on March 30, 2010 at the ground floor of the Foundation Building of East West University.
The program was organized by the Rotaract Club of East West University in association with the Quantum Fou
|
NUB BBA Students Visit ACME Plant
A group of NUB BBA students of 8th and 9th semesters with high officials visited ACME plant for obtaining practical knowledge in two subjects mainly in 1). Operations & Production Management 2). Distributions and Chain Management
The team consists of 25
|
AIUB Students Visited Dhaka Stock Exchange
The Office of Placement and Alumni (OPA) jointly with the Department of Accounting and Finance of AIUB, organized a visit on 29th March 2010, for its students to the Dhaka Stock Exchange. The visit included a presentation on the bourse by Syed Al Amin Rah
|
ULAB VC Prof Rafiqul Islam Talks At IUB
Prof. Rafiqul Islam, Vice Chancellor of University of Liberal Arts Bangladesh (ULAB), spoke on the topic 'Bangla literature and Liberation War' at Independent University, Bangladesh (IUB) on 31st April 2010.
Organized by the Department of English and Dep
|
Skin trading dull in N-dists
The skin traders of the northern districts are unhappy as business is dull and have blamed the extremely low fixed purchasing prices for hides and skins of sacrificial animals by the big traders in the city this year.
Many seasonal skin traders have been
|
Apple's Asian suppliers under the radar
The fevered buildup to Saturday's iPad launch has demonstrated the brute efficiency of the little-known Asian suppliers responsible for turning Apple's design vision into hands-on reality.
Taiwanese touch-screen makers, South Korean chip producers and Ch
|
Bail-out package for sick industries sought
Hundreds of sick industrial units of the country has demanded state-led bailout as many of them have been ruined because of the 'black and lopsided' Arthorin Adalat Ain.
The demand came at a press conference organised by Bangladesh Sick Industries Associ
|
Indian expats send home $55b in 2009
Remittances to India increased to 55 billion dollars in 2009, making the country the biggest recipient of money from overseas migrant workers, a report said Friday.
India has been the world's top remittance earner for more than a decade and depends on t
|
Basundhara Group, Cogito sign ads deal
Basundhara Group and Cogito Marketing Solutions Limited signed an agreement in Dhaka on Saturday. Under the agreement, Cogito will serve advertising communications for group's Basundhara Tissue and Monalisa Sanitary Napkin, said a news release.
Basundhar
|
IBM to buy start-up Guardium
IBM, the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million.
The deal is due to close Monday and will then be announced to the public, TheMarker said Sund
|
GM, Hartford repay $4.4b of bailout money
US Treasury Department said automaker General Motors Co. and insurer Hartford Financial Services Group Inc. have repaid billions of bailout dollars.
Treasury says GM repaid $1 billion of $6.7 billion in loans it received as part of a $50 billion rescue.
|
India's 3G auction gets underway
Mobile phone firms have begun placing bids in the much-delayed auction for India's third generation (3G) licences.
The auction is expected to deliver the government at least $8bn (£5.2bn) and could last a number of weeks.
Nine telecoms firms are bidding
|
Emirates flight attendant honoured
Emirates Airline Flight Attendant Maria Conceicao has been honoured with Emirates Woman of The Year Award in recognition of her work on the Dhaka Project recently, said a press release.
Miss Conceiçao founded Dhaka Project in 2005 after witnessing the ci
|
Most US firms in China are optimistic despite challenges
Most US firms in China are positive about the future, despite growing concerns about discriminatory policies they say limit their access to the country's massive market, a survey released Friday said.
The American Chamber of Commerce in China asked 388
|
Tk5b sectoral mutual fund to hit the market
Country's first sectoral mutual fund worth Tk 5.0 billion is set to hit the stock market aiming to develop the infrastructure sector and to align with the government's efforts to mobilize internal resources through public-private partnership (PPP) as well
|
Prime Bank to set up eye hospital
Prime Bank Foundation, the non-profit subsidiary of Prime Bank Limited is going to establish a state-of-the-art hospital--Prime Bank Eye Hospital-in the city.
An agreement was signed in this regard between Prime Bank Foundation and India's Tamilnadu-bas
|
BSC to float more shares
Bangladesh Shipping Corporation (BSC) has said it would soon float repeat public offering shares worth Tk 627.40 million in the stock market to finance its expansion plans and make the state-run company profitable.
This was disclosed at the 32nd annual g
|
Emirates Int’l signs deal with BRAC Bank
Emirates International Exchange (EIE), one of the leading exchange houses in the Middle East, has joined hands with BRAC Bank of Bangladesh, for remittances to that country. EIE will send all remittances online, so that customers can receive their payment
|
Bangladesh to hold single country fair in Canada
Bangladesh will hold a single-country fair in Canada next month aiming to expand the market of North America for Bangladeshi products.
The three-day solo fair titled 'Expo Bangladesh 2010' will start May 26 in Toronto. About 45 reputed Bangladeshi compan
|
China leads developing East Asia out of crisis: WB
The World Bank said Wednesday that China's growing economy had helped developing countries in East Asia recover from the global crisis, but warned against exiting pro-growth policies too early.
'Largely thanks to China, the region's output, exports and e
|
Renault, Nissan, Daimler launch tie-up
France's Renault, Japan's Nissan and Germany's Daimler on Wednesday launched a new partnership aimed at saving billions of euros and accelerating sales of pollution-light electric cars.
Renault-Nissan, whose own alliance already goes back 11 years, and D
|
EBL signs deal with Beximco Pharma
Eastern Bank Limited (EBL) has recently signed a Memorandum of Understanding (MoU) with Beximco Pharmaceuticals Limited (BPL), according to a press release.
EBL Deputy Managing Director Mamoon Mahmood Shah and BPL Chief Operating Officer Rabbur Reza sig
|
New vice president of Holcim
Holcim (Bangladesh) Ltd has promoted Jashim Uddin Khandaker to vice president (customer care), the company said in a statement yesterday.
Prior to the new appointment, he was the general manager for the company's customer care department.
|
3 new centres of City Brokerage
City Bank introduces 3 new operation centers of city Brokerage at Gulshan, Dhanmondi and Nikunja. Md. Shakil Rizvi, President of Dhaka Stock Exchange was the Chief Guest at the occasion while City Bank Chairman Aziz Al Kaiser was the Special Guest.
K M
|
Amanullah new vice chair for Mercantile Bank
M Amanullah and Md Anwarul Haque have been elected as vice chairmen to Mercantile Bank's Board of Directors, the bank said in a statement.
The election took place after the reconstitution of the bank's board.
Amanullah, a sponsor of Mercantile Bank, i
|
BIBM conducts training
Bangladesh Institute of Bank Management (BIBM) conducted a five-day training course on 'Agricultural and Rural Banking' in the city recently.
A total of 26 high officials from different banks and financial institutions participated in the course.
BIBM
|
Greece crisis: Why is Europe not stepping in?
As calls for a bail-out - or at least some kind of financial assistance - for Greece mount amongst financial analysts and commentators, some may wonder what is stopping the eurozone from swinging into action.
After all, last month's EU summit became devo
|
Credit Rating for Bangladesh
The US-based credit rating agency Standard and Poor's (S&P) has positively rated the Bangladesh's potential as a reliable foreign direct investment. It is a good news that Bangladesh has the second highest score in South Asia. India is ahead of Bangladesh
|
Gnawing issues in China-India relations
This year marks the 60th anniversary of the establishment of diplomatic ties between India and China. Amid a series of exchanges of high-level congratulations and visits, news from the economic front is also exciting: The first two months of the year saw
|
How Apple plans to take on Google in mobile advertising
Apple chief executive Steve Jobs has placed himself head-to-head with rival Google in the budding mobile advertising market, by announcing a new iAd advertising platform to be rolled out this summer.
The announcement follows Apple's purchase in January o
|
An open investment race
The State Council recently issued a guideline on the development of nongovernmental capital, opening the doors of the country’s monopolistic industries, public facilities, infrastructure, social undertakings and financial services to non-official investme
|
Stop wastage of power
Of late, people's lives have become miserable due to frequent power outage. This menace is increasing day by day. The authorities seem to have turned a deaf ear to public sufferings. Instead of mitigating the sufferings of city dwellers they boastfully an
|
Rohingya dilemma
In the editorial piece "The Rohingya dilemma" published on 28 March, the author recognises that Rohingyas are in Bangladesh due to "religious and political persecution", who are "deliberately deprived of their citizenship rights" and who have "escape[d] f
|
Loadshedding shatters economic activities
The government and the people are feeling how powerful is the power of electricity. Nowhere in the country supply of electricity is reliable. In one word, reliability of electricity is now zero. Frequent disruption in the supply in the name of 'load shadi
|
Rating acknowledges success in macroeconomic management
Bangladesh for the first time in its history has found a place in the international credit ratings. In the list, Bangladesh is not in the AAA category, but its position is above many countries on the globe and second among the countries in South Asia.
Ba
|
Bangladesh gets 'BB-' rating
Standard and Poor's has given Bangladesh the first sovereign credit rating, which is needed to have access to foreign financial markets and made the country a lucrative destination for foreign investors.
Global agency S&P after analysing the macro and mi
|
Remittance flow exceeds $8b in nine months
Remittances from Bangladeshis exceeded $8.0 billion in the first nine months of the current fiscal, marking a rise of 17.36 per cent over the corresponding period of last fiscal.
The country received $8.254 billion in remittance during the July-March pe
|
Tk 1.30t budget for next fiscal likely
The size of the budget for fiscal year (FY) 2010-11 will be about Tk 1.30 trillion with the development of power and energy sector remaining high on the agenda, Finance Minister AMA Muhith has said.
"The next budget will be Tk 1,300 billion in size and b
|
RMG sector loses competitiveness over air shipment costs
Lack of power and gas supply compelled the exporters to send 35,000 tonnes of ready-made garment products during November to February period pushing up the cost of export.
"We have to pay Tk 8 billion extra for air shipments as due to power and gas cris
|
JS body suggests mobile SIM tax waiver
A parliamentary committee has recommended waiver of tax on cell phone SIM cards and duty-cut on handsets for further promoting mobile phone use in the country.
'We have suggested lifting of the existing charge the government collects from every new cell
|
OECD sees slower growth in US, Europe, Japan
Economic growth is likely to slow in advanced nations in the first half of this year and governments should wait until 2011 to withdraw stimulus and curb deficit spending, the OECD said on Wednesday.
The Organisation for Economic Cooperation and Developm
|
US sees biggest job growth in three years
The recession-racked US economy is "beginning to turn the corner," President Barack Obama said as data showed 162,000 jobs were created in March, the biggest increase in three years.
The US Labor Department said Friday that job creation leaped dramatical
|
Businessmen urged to work sincerely for development
Finance Minister AMA Muhith has called upon the business community to work sincerely for the economic development of the country, a press release said.
He also asked for the opening of database and tax and VAT cell at the district level so that local bus
|
Project inclusion guidelines in ADP finalised
The Planning Commission (PC) has finalised guidelines and allocation rules for the next annual development programme (ADP).
Under the guidelines, three kinds of development projects will not be eligible for inclusion in the next ADP. They are (a) project
|
President, PM's wage raised
Amidst opposition's criticism of current power, gas and water crisis and price-hike of essentials, the parliament Sunday passed bills, increasing monthly remuneration and privileges of the President and the Prime Minister.
The President's monthly remuner
|
Biman to add new flight to Delhi
The national flag carrier Bangladesh Biman is all set to add another flight to its Dhaka-Delhi route raising the number of flights to four per week.
The fourth flight will be pressed into service from April 16 when the passengers from India will have op
|
Smokeless brick making technology adopted
Aiming to reduce greenhouse gas emissions to a considerable amount, Bangladesh has adopted smokeless brick making technology which will replace over 150-year old traditional system.
The new technology has been introduced by the UN Development Programme (
|
Freight forwarders unhappy over charge hike move
The country's freight forwarders Saturday warned that they would call strike as the government had failed to fix processing charges for them within the deadline.
The warning came at a meeting at its association office in the capital.
The freight forwa
|
NBR chief for revenue boost
The National Board of Revenue (NBR) chief has underscored the need to boost revenue income for successful implementation of the government's development commitments.
NBR Chairman Nasiruddin Ahmed viewed that the enhanced revenue income could be an effect
|
Tk 8b needed for tourism sector
Civil Aviation and Tourism Minister GM Quader has said that his ministry would seek Tk 800 crore in the next budget for further development of the tourism sector.
Talking to the news agency, the minister said the government is working relentlessly for de
|
Danish buyer gets second ship
Bangladesh graduated to a new status as ocean-going vessels maker through the handover of the second such a ship to a Danish buyer at a ceremony in Chittagong recently.
Michael Sorensen, country manager for Stella Shipping, who bought Stella Moon of 2,90
|
China central bank warns of risks to global recovery
China's central bank warned Friday the global economic recovery could falter this year as developed countries exited their pro-growth policies adopted during the financial crisis.
"We cannot rule out that the recovery process may reverse due to the exit
|
.gif)
