UNB, Dhaka :Bangladesh and Myanmar have agreed to find out possible ways to promote bilateral trade to the annual level of US$ 500 million, which is now about US$ 100 million, through establishing smoother connectivity.The agreement was reached at the seventh meeting of the Bangladesh-Myanmar Joint Trade Commission (JTC) held in Naypyidaw, the capital of Myanmar, from January 14-15.Issues related to border trade, cooperation in agriculture, food, fisheries, power and mineral resources sectors; shipping arrangement; exchange of business delegation; participation...
UNB, Dhaka :The country’s stock market, now showing a positive trend, will remain vibrant in the coming months, if the ongoing peaceful political atmosphere persists and companies offer satisfactory dividends, market analysts say.However, they suggested the investors to remain careful about buying ‘junk shares’ to avert any financial loss.“The current trend will hopefully continue in the coming months, at least in February and March,” Ahasanul Islam, President of the Dhaka Stock Exchange Ltd (DSE), told UNB on Saturday.A good number...
BSS, Rajshahi :Honey farming has made Jarjish of Shayampur village under Paba upazila of the district a successful entrepreneur.After taking...
AFP, San Francisco :The axing this week of Yahoo’s second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer.Hearts soared when Mayer was wooed away from rival Google in July of 2012 to become the seventh chief of Yahoo in five years.The cultured, stylish and smart veteran engineer promised to bring some of the Internet giant’s money-making magic with her in the move from the Googleplex in Mountain View...
BSS, Rangpur :Rangpur Chamber of Commerce and Industry (RCCI) distributed blankets among 300 cold-hit poor people at RCCI Public School and College ground here yesterday (Friday) afternoon.President of RCCI Alhaj Mostafa Sohrab Chowdhury Titu and its Senior Vice-president Moztoba Hossain Ripan distributed the blankets under the financial assistances of RCCI among the distressed people of all ages, including elderly men, women and children.Director of RCCI and Convener of its Relief and Award Giving Management Sub-committee Rabi Somani presided over the...
PTI, New Delhi :The European Union yesterday said it was confident of inking the long-pending free trade pact with India later this year as talks on most issues are “closed” except duty-related matters including on wine and automobiles.EU Ambassador to India Joao Cravinho said the pact is likely to be signed after elections in India and for the European Parliament.Launched in June, 2007, the negotiations for the proposed Broad-based Trade and Investment Agreement (BTIA) between India and the 27-nation European...
PTI, New Delhi :Steps to boost trade through land route and resolve the contentious MFN issue will come up for deliberations between Commerce Ministers of India and Pakistan who are meeting tomorrow after a gap of about 20 months.The preliminary agenda for the meeting has already been set by the Commerce Secretaries of the two nations during the two-day talk which concluded Friday.“Commerce and Industry Minister Anand Sharma and his Pakistani counterpart Khurram Dastagir Khan will meet Saturday and discuss...
AFP, Washington :US President Barack Obama signed a $1.1 trillion dollar spending bill Friday that effectively ends the threat of a repeat government shutdown.Obama signed the massive bill, passed by Congress this week in a rare budget truce, in front of officials from his Office of Management and Budget.He said that though the package was made up of pages and pages of dry figures and fiscal calculations, it represented real help for hard hit Americans.“These aren’t numbers-these are homeless folks...
Business Desk :Despite constraints and unusual situation in the country, the GDP growth rate of Bangladesh is expected to be 6 percent in the current fiscal 2013-14, Planning Minister A H M Mustafa Kamal said on Sunday.“We’ll try to attain around 6 percent GDP growth rate in the current fiscal year given the situation, facing all the constraints and all the odds, and considering the vulnerabilities of the world economy. We’ll move ahead addressing our weaknesses,” he said.The newly inducted...