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BD new investment destination

FE Report | 2015-08-04 00:00:00

Bangladesh is likely to be a new investment destination for Indian companies, which are eagerly looking towards investing here, especially after successful exchange of enclaves between the two countries, said Indian High Commissioner Pankaj Saran. "Indian investors have further started...

Take steps to ban plying of unfit vehicles: HC

2015-08-04 00:00:00

The High Court directed Monday the authorities concerned to take necessary steps for imposing ban on plying of unfit vehicles on roads across the country, reports UNB. An HC bench comprising Justice Quazi Reza-ul-Hoque and Justice Abu Taher MD Saifur...

1.0m facing tough times despite improvement of flood situation

FE Report | 2015-08-04 00:00:00

Although the flood situation improved in some places, more than 1.0 million people were still passing tough times amid inundation in the southern and south-eastern districts in absence of adequate relief, government officials and people's representatives in the flood-hit areas...

Photo: A rickshaw-puller trying to manage his goods after his vehicle collapsed

2015-08-04 00:00:00

Photo: Fire-fighters trying to extinguish a fire

2015-08-04 00:00:00

New pay scale to be placed before cabinet this month

FE Report | 2015-08-04 00:00:00

Finance Minister AMA Muhith said Monday a report on new pay scale for government employees will be placed before cabinet within this month. On July 27, the minister had said the report might be placed before the cabinet this week....

Blockades, clashes mark third day of protest

FE Report | 2015-08-04 00:00:00

The ongoing protest by owners, drivers and workers against the highway ban on three-wheelers stretched into the third consecutive day amid road blockades and clashes in various parts of the country on Monday. About 10 people were injured in a...

Spl tribunal hands down 2-yr sentence in maiden verdict

FE Report | 2015-08-04 00:00:00

The special tribunal on capital market Monday in its maiden verdict sent one Mahbub Sarwar to prison for two years after he was found guilty of manipulating the stock prices through social networking sites in 2010, the petitioner's lawyer said....

\\\'Illegal presidents\\\' won\\\'t get retirement perks

FE Report | 2015-08-04 00:00:00

The government is making a new law cancelling pension, allowances and other state benefits of the presidents of Bangladesh whose tenures are declared illegal. With this ineligibility provision, the cabinet approved on Monday the draft 'President's Pension, Gratuity, and other...

Govt sits today to discuss AML strategies

Rezaul Karim | 2015-08-04 00:00:00

The government will sit today (Tuesday) to discuss necessary strategies for pursuing the country's ongoing anti-money laundering (AML) and anti-terrorist financing efforts, officials said. One of the key agendas of the meeting is to review the progress on the third...

Prayer Timings

2015-08-04 00:00:00

GP\\\'s account info sought from banks

2015-08-04 00:00:00

The income-tax authorities have sought information on Grameenphone's bank accounts for 2003 calendar year from commercial banks for assessing the country's largest mobile-phone company's tax for the fiscal year (FY) 2014-15. Large Taxpayers Unit (LTU) of the income-tax wing under...

Man killed in city \\\'gunfight\\\'

2015-08-04 00:00:00

A man was killed in 'gunfight' with police at Baishteki in the city's Mirpur area on Sunday night. The deceased was identified as Abdus Salam (30), son of late Ismail Sheikh of Durgapur under Sadar thana in Pirojpur.          — UNB

Mahmudullah top run-scorer in Test series

2015-08-04 00:00:00

All rounder Mahmudullah emerged as a most runs scorer in just concluded two-match Test series against South Africa. The right handed batsman scored 102 runs including a brilliant half century with an average of 44.54. His highest score was 67...

1st anniversary of Pinak-6 tragedy

2015-08-04 00:00:00

Today (Aug 4) is the first anniversary of one of the most tragic accidents in Bangladesh’s inland waterways. ‘Pinak-6’ a launch packed with passengers, capsized in Padma River at Lauhajang upazila in Munshiganj district, claiming over 100 lives on this...

Indian govt inks peace accord with Naga militant group

2015-08-04 00:00:00

The Indian government has signed a peace accord with the National Socialist Council of Nagalim (NSCN-IM) in New Delhi in an attempt to bring an end to the decades old insurgency in India’s north-eastern states. Although details of the accord...

Three held with porno CDs

2015-08-04 00:00:00

Rapid Action Battalion (RAB) have personnel arrested three men with 900 pirated and 640 porno Compact Discs (CD) from two shops in a market in Chittagong city. The detainees were identified as Sazzad Ahmed, 25, Noyon Das, 23, and Mohammad...

DSE, CSE open optimistic

FE Online Report | 2015-08-04 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hour of trading on Tuesday, maintaining the previous session’s upward movement. DSEX, the prime index of the DSE, went up by 29.92 points or...

Umrah visas issuance to resume after Hajj

2015-08-04 00:00:00

The Kingdom of Saudi Arabia has assured Bangladesh of resuming issuace of Umrah visas to Bangladeshi pilgrims after the next Hajj. Saudi Minister of State for Foreign Affairs Dr. Nizar Bin Obaid Madani gave the assurance about resuming issuance of...

US stocks lower

2015-08-04 00:00:00

US stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy. Energy stocks were the biggest losers among the main S&P sectors. Exxon Mobil and Chevron, which...

2 held with fake currency in Comilla

2015-08-04 00:00:00

Detectives in a drive arrested two people along Tk 0.42 million fake notes and currency-making equipment from Gobindapur area of Comilla Sadar upazila on Monday night. The arrestees were identified as Mohammad Kamrul Hasan, 45, son of Nasir Hossain of...

China stocks up at midday

2015-08-04 00:00:00

China stocks rose just over one per cent on Tuesday morning after Chinese authorities announced new measures to crack down on short selling, which has been partly blamed for the plunge in mainland equities last month. The CSI300 index .CSI300...

Case filed against BNP leader for \\\'plotting\\\' Joy’s murder

2015-08-04 00:00:00

Police in Dhaka have filed a case against BNP’s US unit leader Mohammad Ullah Mamun for ‘plotting the murder’ of prime minister’s son Sajeeb Wazed Joy. Mamun’s son Rizvi Ahmed Ceaser was convicted by a US court for bribing an...

Seoul shares rebound on bargain-hunting

2015-08-04 00:00:00

Seoul shares rebounded by Tuesday midday on bargain-hunting after closing down more than 1 per cent to a near five-month closing low in the previous session. The Korea Composite Stock Price Index (KOSPI) was up 0.4 per cent at 2,016.13...

Boy \\\'pumped\\\' to death

2015-08-04 00:00:00

Barely a month after the chilling murder of Sylhet boy Samiul Alam Rajan, Bangladesh has seen another appalling murder of a child in Khulna. This time, Md Rakib’s former co-workers inserted a high-pressure air pump nozzle into his rectum and...

Case filed over tortured Khulna boy\\\'s death

2015-08-04 00:00:00

The father of the boy, tortured to death in a motorcycle repair shop in Khulna, has filed a case against three people detained by police for his son’s murder. Twelve-year-old Md Rakib’s former co-workers inserted a high-pressure air pump nozzle...

ECNEC nods 9 projects worth Tk33.74b

2015-08-04 00:00:00

The Executive Committee of the National Economic Council has approved nine development projects worth 33.74 billion (Tk3,368.63 crore). Planning Minister AHM Mustafa Kamal disclosed the matter to reporters on Tuesday. He said, ECNEC, the highest policy-making body of the government,...

Asian shares up

2015-08-04 00:00:00

Asian markets traded mostly higher despite a lacklustre lead from Wall Street, where US stocks closed lower. Chinese shares headed higher after the Shanghai and Shenzhen stock exchanges revised rules on short-selling in an attempt to reduce market volatility. The...

Provide internet connections to all courts: SC

2015-08-04 00:00:00

The Supreme Court has ordered the government to provide internet connections to all the courts across the country within 15 workdays. The order was given through a circular titled ‘Internet connections to offices at govt expense’ issued on July 29....

Oil prices edge up after 5% fall

2015-08-04 00:00:00

Oil prices edged up on Tuesday, following a 5 per cent drop in the previous session, as high global production and a weakening economic outlook in Asia prompted analysts to warn of further falls. Oil output by the Organisation of...