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India best bet for investors, BD ahead of US in BPI 2015 ranking

2015-06-27 00:00:00

Bangladesh has been placed ahead of the USA in the global ranking of investment destinations, among 110 countries of the planet. India has been ranked No 1 by the Daniel Altman's Baseline Profitability Index (BPI) 2015. China has secured the...

BCL leader among 3 held for possessing Phensidyl

2015-06-27 00:00:00

Police have arrested three persons, including a local leader of Bangladesh Chhatra League (BCL), for possessing contraband Phensidyl syrup at Debhata upazila of Satkhira district. They are Zakir Hossain, 25, general secretary of Kaliganj upazila unit of BCL and son...

Don\\\'t need fans like you: Nasir

2015-06-27 00:00:00

Bangladesh national team cricket player Nasir Hossain has removed a picture he had posted on his Facebook account after being annoyed by obscene comments of ‘fans’. He took the picture with his sister on their way to Syedpur from Dhaka...

Default loans over Tk546.57b: Muhith

2015-06-27 00:00:00

The total amount of default loans of 56 banks operating in Bangladesh is over Tk546.57 billion. Finance Minister AMA Muhith revealed the figure in reply to a query from MP Nurunnabi Chowdhury in Parliament on Saturday. Muhith said the state-owned...

City reeling under rainwater, traffic gridlock

2015-06-27 00:00:00

The city saw severe traffic congestions and waterlogging triggered by continued rains for the third consecutive day on Saturday, inflicting immense sufferings on the commuters during the holy month of fasting. The Met office recorded 27 mm of rain from...

Euro zone ministers reject Greek bailout extension

2015-06-27 00:00:00

The finance ministers of Euro zone on Saturday refused to extend Greece’s bailout programme past June 30 after Athens called a referendum on reform proposals by creditors. The finance ministers ‘rejected an extension of the aid programme’ at a meeting...

President, PM join CJ\\\'s iftar party

2015-06-27 00:00:00

President Abdul Hamid attended on Saturday an iftar party hosted by Chief Justice Surendra Kumar Sinha. Prime Minister Sheikh Hasina and Speaker Dr Shirin Sharmin Chaudhury also attended the iftar party held on the Supreme Court premises. Both the President...

Greek bailout extension refused

2015-06-27 00:00:00

Eurozone finance ministers have rejected a Greek request to extend a bailout programme beyond 30 June. A Eurogroup statement said Greece had broken off negotiations over a new bailout deal "unilaterally". Late on Friday, Greek PM Alexis Tsipras called a...

DU passes Tk 4.26b budget

2015-06-27 00:00:00

The Dhaka University senate passed the Tk 4.26 billion budget on Saturday for the fiscal 2015-16 in the annual senate session with keeping only one per cent allocation in research sector. DU treasurer Professor M Kamal Uddin placed the budget...

Get united to save country: Khaleda

2015-06-27 00:00:00

BNP Chairperson Khaleda Zia on Saturday urged political parties to get united to save the country and its people from the misrule of the current “unelected” government. “Many top leaders of different political parties are present here. I would like...

BSJA launches website

2015-06-27 00:00:00

Bangladesh Sports Journalists Association (BSJA) launched its website (www.bsja.com.bd ) on Saturday. The website was formally launched during a Doa and Iftar Mahfil at the Shaheed Capt (retd) M Mansur Ali National Handball Stadium in the capital on Saturday, according...

Maritime ports asked to hoist signal No. three

2015-06-27 00:00:00

The maritime ports of Chittagong, Cox's Bazar, Mongla and Payra have been advised to keep hoisted local cautionary signal no. three. Due to vigorous monsoon, steep pressure gradient persists over North Bay, a Met Office weather bulletin said Saturday.  Under...

IPU seeks BD\\\'s support on adoption of post-2015 dev agenda

2015-06-27 00:00:00

Bangladesh has underscored the need for addressing some of the key outstanding challenges over maternal malnutrition, child marriage, unskilled birth attendance and gender disparity in tertiary education through IPU’s meaningful cooperation. Foreign Minister AH Mahmood Ali discussed the issue when...

42 rivers register rises, 36 falls

2015-06-27 00:00:00

Water levels in 42 river stations monitored by Flood Forecasting and Warning Centre (FFWC) have marked rises and 36 stations recorded falls. Among the 84 monitored water level stations, two river stations have been registered steady and three river stations...

A fresh breath for the toy industry

2015-06-27 00:00:00

The proposed national budget for the fiscal year (FY), 2015-16, has provided some lucrative benefits for the country's toy industry that the concerned quarters believe would give a boost to the sector in both manufacturing and marketing. The benefits, mostly...

Justices can use title in NIDs

2015-06-26 00:00:00

Election Commission is correcting the National Identity Cards of three citizens to introduce ‘Justice’ as a title for the first time in line with a High Court decision. The applications by High Court Justices Naima Haider and Mirza Hussain Haider,...

BD set to sign AIIB final deal

2015-06-26 00:00:00

Bangladesh is set to sign the Articles of Agreement (AoA) of the Asian Infrastructure Investment Bank (AIIB) on June 29 in Beijing in which the country is expected to get less than one percent or 0.6729 per cent shares of...

BNP demands proper support for flood victims

2015-06-26 00:00:00

BNP on Friday urged the government to immediately stand beside the flood victims of the greater Chittagong with emergency supplies. In a statement, the party said, "Over 20,000 people have been marooned in Chittagong, Cox's Bazar and Chittagong Hill Tracts...

1 held with 3.6kg gold at Dhaka Airport

2015-06-26 00:00:00

Customs officials at Hazrat Shahjalal International Airport on Friday detained a passenger along with 31 gold bars weighing around 3.6 kg. Assistant Commissioner (Customs) Md Al Amin told UNB that the arrested passenger identified as Md Didar of Keraniganj, landed...

Fake NGO chief, 2 others held in Satkhira

2015-06-26 00:00:00

Police in a drive arrested three officials of a fake non-governmental organisation (NGO), including its head, from a hotel in Satkhira on Friday morning on charge of conning people out of Tk450 million. The arrestees were identified as Abdur Razzak,...

Police raid recovers fake stamps worth Tk606.6m

2015-06-26 00:00:00

Criminal Investigation Department (CID) of police on seized fake stamps worth around Tk606.6 million raiding a printing press in the city's Lalkuthi area on Friday. A special CID team conducted the drive at the printing press located at 157 Lalkuthi...

27 killed in Tunisia beach attack

2015-06-26 00:00:00

At least 27 people, mostly foreigners, have been killed in an attack on a beach near two tourist hotels in the Tunisian resort town of Sousse, according to the interior ministry. Officials say one gunman has been shot dead and...

Gay marriage legalised across US

2015-06-26 00:00:00

The US Supreme Court has ruled that same-sex marriage is a legal right across the United States. In a landmark 5-4 decision, Justice Anthony Kennedy writing for the majority ruled that marriage is a constitutional right for all. "No union...

BD 3rd most peaceful country in South Asia: Report

2015-06-26 00:00:00

Bangladesh is the third most peaceful country in South Asia while Bhutan and Nepal secured the first and second positions in terms of peaceful country, said a new global report. The overall ranking of Bangladesh is 84 though its regional...

Detailed DSE Trading

2015-06-26 00:00:00

A note of caution for FY16

Abul Basher | 2015-06-26 00:00:00

This fiscal year is ending. There will be a lot of discussions on the progress made in this fiscal year. Economic commentators, politicians and journalists will debate on what we achieved and what we could not achieve in FY15. At...

Immigration or death trap?

Saleh Akram | 2015-06-26 00:00:00

Immigration is as old as the civilization itself. History tells us that the French, Dutch, Arabs and the British migrated to this part of the world at different times, looted our resources and made us subservient. Of them, the British...

Cashing in on online dividend

2015-06-26 00:00:00

As the figures speak for themselves, the changing dynamics of the mobile telephony and related technology bears out some strong positive developments in Bangladesh. Thus a recent study the USAID estimated the total value of monthly transactions in Bangladesh, made...

Right price for connectivity needed

Abu Ahmed | 2015-06-26 00:00:00

It seems Bangladesh is more enthusiastic than others in facilitating transit and connectivity to India and via India to Nepal and Bhutan. For long, the two land-locked countries, Nepal and Bhutan, could not connect with Bangladesh through land route as...

Connectivity accord without any assessment

Sayed Kamaluddin | 2015-06-26 00:00:00

Economists and analysts have opined that the recent signing of the 22 agreements for multimodal connectivity and economic development with India during Indian Prime Minister Narendra Modi's Dhaka visit was done without a proper assessment by Bangladesh. They say New...