Browse Tag

News

Toshiba chief executive resigns over scandal

Toshiba’s chief executive and president Hisao Tanaka has resigned after the company said it had overstated its profits for the past six years. He will be succeeded by chairman Masashi Muromachi, with vice-chairman Norio Sasaki also stepping down. On Monday, an independent panel appointed by Toshiba said the firm had overstated its operating profit by a total of 151.8bn yen ($1.22bn, £780m). The overstatement was roughly triple an initial estimate by Toshiba. [caption id="attachment_18310" align="alignright" width="624"]toshiba Toshiba has been facing comp...

Bangladeshi physicist leads discovery of massless particle

A Bangladeshi physicist of Princeton University led an international team to the discovery of an elusive massless particle theorised 85 years ago. The particle could give rise to faster and more efficient electronics because of its unusual ability to behave as matter and antimatter inside a crystal, quoting a new research a report was published on the university website. [caption id="attachment_18307" align="alignright" width="720"]weyl-fermions-pu3-hasan-wb M Zahid Hasan (pictured) and his research group researched and sim...

Japan’s security bills to break regional order: Experts

Bangladeshi experts has said that Japan’s security bills will bring new complications into global and regional politics as the country seeks to play an aggressive role to counter the existing regional order. Their comments came after Japan’s ruling coalition led by Prime Minister Shinzo Abe rammed through the controversial security bills that will expand the role of the country’s Self-Defense Forces (SDF) in the all-powerful lower house of the nation’s Diet amid strong public opposition. BD-JapanThe bills also show that Japan eyes China’s existing ...

RMG export growth to new markets declines

According to sources, the FE says, Bangladeshi apparel is losing out in emerging markets to competitors like Vietnam, Cambodia, India and Pakistan, as many buyers cut back orders due to political unrest, safety and other compliance issues in the country.According to a report in Bangladesh’s Financial Express (FE) this morning, the country’s ready-made garments (RMG) exports to non-traditional markets have recorded just marginal growth in the fiscal year just ended (2014-15). Insiders are said to consider this alarming news for the country’s apparel sector. rmg

Eid ul-Fitr tomorrow

Eid ul-Fitr, the biggest festival of the Muslim community of Bangladesh will be observed tomorrow. Muslims across country thus observed the last Friday prayers of the month of Ramadan. Despite the rain, malls were packed — men, women and children, all were finishing last-minute shopping. Tailors’ machines still sew new clothes frenetically in order to deliver them by Friday night. Eid mubarakA tailor master in a mall in capital Dhaka, Abdul Halim, says: “Most of the pressure we face is in the last week of Ramadan and especially the last da...

Malaysia mulling sourcing maids from Bangladesh

There appears to be no end to the problems surrounding the shortage of foreign maids in Malaysia. Currently, there are some 150,000 foreign domestic helpers working legally in this country, most of them Indonesians and Filipinas. With the two source nations – Indonesia and the Philippines – having declared their intentions to cease supplying maids to Malaysia, it is high time the government weaned itself off its dependence on those two countries. maids from BDWith Malaysians generally shunning employment in the domestic help sector, the g...
Verified by MonsterInsights