Business environment in Bangladesh is strong but good governance and legal framework are needed to attract foreign investment, a German state secretary observed yesterday. Foreign businesspersons are careful with money but not shy to invest, Martin Biesel, state secretary of the Federal Foreign Office of Germany, told a gathering at
Month: November 2010
DSE surges past 8,600pt
Dhaka stocks on Wednesday crossed the 8,600-point mark for the first time ever on heavy buying by investors of high-profile shares that saw their prices slide in the previous two trading days following the SEC directive on margin loan ratio. The benchmark general index of DSE advanced by 118.09 points, or 1.38 per cent, to ... Read more
Batexpo 2010 starts today
Bangladesh’s largest fair for the apparel sector starts today. The three-day textile exposition, Batexpo-2010, will be organised at Bangabandhu International Conference Centre in the capital by Bangladesh Garment Manufacturers and Exporters Association. At a press briefing yesterday at BGMEA office, its President Abdus Salam Murshedy said the fair
Krushers on KFC menu
International restaurant chain KFC has decided to attach its previously launched drink Krushers to its regular menu, said a statement. The drink in five flavours was launched last month on a limited scale to measure the market potential, the statement added
Hometown’s homage to screen legend
Suchitra Sen Film Festival in Pabna The second Suchitra Sen Film Festival in Pabna begins from Friday, November 26. Suchitra Sen Smriti Shangrakhhan Parishad (SSSSP) is the organiser of the festival, which will showcase the legendary screen diva’s popular films in her hometown, Pabna. The eight-day film festival is to be held at Pabna Town ... Read more
Project to cut emissions from vehicles, brick kilns
With an aim to improve air quality in the capital, the government is working to address two main sources of air pollution, emissions from vehicles and brick kilns. The government is running a project “Clean Air and Sustainable Environment Project” funded by the World Bank (WB), says a press release
GP set to pair up with Channel i
Grameenphone Limited, Bangladesh’s largest cellular operator, will pair up with Channel i to provide information services to farmers. Jon Fredrik Baksaas, president and CEO of Telenor Group, largest shareholder in Grameenphone, expressed his willingness
Shopkeeper assaulted
Denial to Give Free Food Shopkeeper assaulted Miscreants injured a shopkeeper and a schoolboy and assaulted several others in the city’s Kadamtali area yesterday as the shopkeeper refused to give them food for free on Monday. The miscreants created a dreadful situation by exploding at least ten cocktails. Shopkeeper Mohammad Sumon, 25, received injuries on ... Read more
US to invest $63b in health in Bangladesh, seven other states
The US government will invest $63 billion in Bangladesh and 7 other countries to strengthen the health and family planning system and to develop the nutritional status of the people till 2015. Under its Global Health Initiative (GHI) programme, the US government has already provided $54 million to Bangladesh as one of the “GHI Plus” ... Read more
Rajshahi Univ viva begins today
The viva for the first year bachelor’s degree admission in Rajshahi University is going to start today at the university’s dean complex. According to a RU release, the viva of A1, A2, A3, A4, A5 and A6 would be held on November 24 and 25, ‘B unit’ viva would
BBA first year admission test at DU Nov 26
BBA first year admission test in the session 2010-2011 under the faculty of business administration (Ga unit ) of Dhaka University will be held on November 26, said a DU press release . The one-hour admission test will start at 10:00am. The candidates have been asked to visit the university website http://www.univdhaka.edu/ or
Valerie Taylor gets honorary doctorate
Valerie Taylor, founder and coordinator of Centre for the Rehabilitation of the Paralysed (CRP), received an honorary doctorate degree in Health Sciences from York St John University, UK, on November 19, says a press release. The degree was conferred to her at the convocation ceremony of the university. It was
A great leap in training
Mahmudur Rahman Technical and vocational education and training has come a long way. Once the mere acquiring of basic skills was considered enough to address the demand for technical expertise. Times and demands have changed. But in an age when emphasis is placed on technical competencies, especially in blue-collar jobs, Bangladesh faces a challenge. Parents, ... Read more
Mobile growth slows down in October
GP loses 1.67 lakh subscribers The growth in the number of mobile subscribers slowed down in October as the country’s six operators added only 4.23 lakh subscribers, while Grameenphone, the leading operator, lost 1.67 lakh subscribers. The total number of active mobile subscribers increased to 65.56 million or around 6.56 crore at the end of ... Read more
Telenor wants enabling environment for 3G mobile technology
VoIP offenders punished: CEO Visiting Telenor Group president and chief executive officer Jon Fredrik Baksaas on Tuesday urged the government to create an environment favourable for introducing third generation mobile phone technology as its local operator GrameenPhone was ready to adopt it. ‘We have been engaged for years in connecting peoples through different telecom services. ... Read more
Nordic chamber launched
The Nordic Chamber of Commerce and Industry was launched in Dhaka on Tuesday with great optimism that trade and investment relations between Bangladesh and the north European countries would further boost in the days ahead. At the launching ceremony, held at Westin Hotel, Norway’s environment and
Govt to invite private partners soon to develop Hi-Tech Park
The government in principle decided to invite expression of interest from interested private investors to develop Hi-Tech Park at Kaliakoir in Gazipur district. It has been decided that the park will be developed on a public-private partnership basis and advertisement in this regard would be given in
It’s 3G time
Telenor chief spurs telecom regulator Telenor President Jon Fredrik Baksaas yesterday urged the telecom regulator in Bangladesh to expedite the process of introducing 3G network, as at least half the local telecom market is now ready for the third generation technology. Speaking at a press meet in the capital, he said, “The introduction of 3G ... Read more
23 BDR men jailed for mutiny in Lalmonirhat
A special court yesterday sentenced 23 border guards to different terms in jail for their involvement in 2009 BDR mutiny in Lalmonirhat. The court acquitted one of the 24 accused jawans of the district’s 31 Rifles Battalion. A three-member panel handed down the 23 jawans prison terms ranging from four months to five
Genie cure by quack leads to boy’s death
A child who was set afire by a quack for treatment died at Dhaka Medical College Hospital yesterday after fighting for life for 34 days. Seven-year-old Fazle Rabbi of Bagmara in Rajshahi, who had neurological problems, was taken to local quack Abdul Wahed. The quack told his guardians the boy was caught by a genie ... Read more