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Malaysia Airlines to become \\\'new company\\\'

2015-06-10 00:00:00

Malaysian Airlines will become an "entirely new company" its new boss has said. "We will leave the old Malaysian airlines behind," Christoph Mueller told the BBC. He insisted that the transition would be "an orderly process". Mr Mueller, who took...

Bernicat visits WFP school in Gaibandha

2015-06-10 00:00:00

US Ambassador to Bangladesh Marcia Bernicat on Wednesday visited a United Nations World Food Programme (WFP) school feeding programme at Kanchipara Government Primary School in Gaibandha district. The programme is supported by the US Department of Agriculture's (USDA) McGovern-Dole International...

Inflation eases to 6.19 per cent in May

2015-06-10 00:00:00

The inflation rate in the country witnessed a downtrend after its increase for the last three consecutive months as it reached 6.19 per cent in May, 2015 down from 6.32 per cent in April. "The inflation rate in May declined...

Stocks return to green

FE Online Report | 2015-06-10 00:00:00

Stocks turned around on Wednesday, snapping two sessions’ steep correction, as investors went for buying spree amid optimism. The market opened higher in the morning which sustained till closure of the market amid marginal volatility. At the end of the...

ACC launches probe into Uttara Bank\\\'s N\\\'ganj branch scam

2015-06-10 00:00:00

The Anti Corruption Commission (ACC) has initiated a probe into the allegation of swindling out of Tk30 million from the Narayanganj branch of Uttara Bank. As per the banking rules, if more money is deposited in a small branch of...

Abu Belal Muhammad Shafiul Huq appointed new Army Chief, says the ISPR

2015-06-10 00:00:00

4 killed by lightning strikes in Satkhira

2015-06-10 00:00:00

Four people, including two women, were killed and 7 others injured in separate incidents of lightning strikes at Shyamnagar upazila of Satkhira district on Wednesday morning. The deceased were identified as Nurunnahar, 35, wife of Abdur Rahman, a resident of...

Forex reserves top $24 billion mark again

2015-06-10 00:00:00

Bangladesh’s foreign exchange reserves have once again gone past $24 billion. The reserves crossed the mark at the end of Tuesday, Bangladesh Bank’s Forex Reserves and Treasury Management Department General Manager Kazi Sayedur Rahman told bdnews24.com. Bangladesh will be able...

Shafiul Huq made army chief

2015-06-10 00:00:00

The government has appointed Principal Staff Officer (PSO) of the Armed Forces Division (AFD) Lieutenant General Abu Belal Muhammad Shafiul Huq new Army Chief. Contacted, Inter Service Public Relations (ISPR) Director Shaheenul Islam on Wednesday confirmed the appointment of the...

Wall collapse kills construction worker in Ctg

2015-06-10 00:00:00

A construction worker was killed and three others, including two schoolboys, were injured when the boundary wall of a colony collapsed on them near Afgan Mosque in Dewan Bazar area of Chittagong city on Wednesday morning. The deceased was identified...

Stranded Bangladeshis to be repatriated within 1 month

2015-06-10 00:00:00

Noting that 738 Bangladesh nationals were rescued from Malaysian waters in recent days, Foreign Minister AH Mahmood Ali has said the stranded Bangladeshis will be brought back within the next month. "Steps will be taken to bring back the identified...

Bangladesh needs strong support from friends: FM

2015-06-10 00:00:00

Foreign Minister AH Mahmood Ali has said Bangladesh needs strong support from its friends and partners, including the United States, to achieve specific economic goals to become a middle-income country by 2021 and a developed country by 2041. "Of course,...

Africa set to form largest free-trade bloc

2015-06-10 00:00:00

Africa's largest free-trade zone is to be created, covering 26 countries in an area from Cape Town in the south to Cairo in the north. The deal, to be signed in Egypt, is intended to ease the movement of goods...

Dhawan hits ton as rain-hit Day-1 play resumes

2015-06-10 00:00:00

Opener Shikhar Dhawan has hit a scintillating century as rain-hit Day-1 play resumed in the one-off Test between Bangladesh and India in Fatullah of Narayanganj on Wednesday. The left-hander swept Jubair Hossain for a boundary to bring up his third...

Young woman found dead in city

2015-06-10 00:00:00

A young woman was found dead in a house in Sector 11 under Uttara West Police Station in Dhaka on Wednesday. The deceased was identified as Afrin Bithi, 28, a housewife. Her husband Saidul Islam said he found his wife...

ICCB team off to Kunming

2015-06-10 00:00:00

A team of the International Chamber of Commerce Bangladesh flew to China on Wednesday to attend the 10th China-South Asia Forum in Kunming in Yunnan province. The three-member team, comprising ICC Bangladesh President Mahbubur Rahman, Vice President Rokia A Rahman...

20 dists get new DCs, 4 officials made secys

2015-06-10 00:00:00

In a major reshuffle in the public administration, the government has transferred 20 deputy commissioners (DC) and elevated four officials to secretaries. The Ministry of Public Administration issued a circular effecting the changes on Wednesday. The circular said the government...

New $2b Indian credit fully unconditional: PM

2015-06-10 00:00:00

Prime Minister Sheikh Hasina told parliament on Wednesday that Bangladesh is taking $2 billion Indian loan without any condition. “There’s no condition here, there’s nothing here, we can spend this money on (any programme of) our choice,” she said. The...

PM to open Police Plaza Thursday

2015-06-10 00:00:00

Prime Minister Sheikh Hasina will formally inaugurate the newly-built commercial building ‘Police Plaza’ of Bangladesh Police Welfare Trust in the city on Thursday. The multistoried commercial building was jointly built by Bangladesh Police Welfare Trust and Concord Group at Gulshan-1....

Indefinite bus strike begins in Sherpur

2015-06-10 00:00:00

Sherpur Bus Owners’ Association went on an indefinite strike in the district on Wednesday morning demanding stopping extortion and action against the extortionists. Saiful Islam Swapan, general secretary of Sherpur Bus Owners’ Association, alleged that Golam Mostafa Mastu, general secretary...

Provide SME loans to disabled people: BB

2015-06-10 00:00:00

Bangladesh Bank on Wednesday directed all the banks and financial institutions to provide SME loans to transgender community, disabled people, underprivileged female entrepreneurs and Rakkhaine community members. The main objective of the step is to reach the loan facility to...

EU envoy meets Inu

2015-06-10 00:00:00

EU Ambassador and head of delegation Pierre Mayaudon called on Information Minister Hasanul Haq Inu at his office on Wednesday. The minister briefed the EU envoy on booming media vibrancy in the country. “The introduction of Community and FM Radio...

Convict dies at Narail jail

2015-06-10 00:00:00

A man serving life imprisonment in Narail jail in a case filed under the Women and Children Repression Prevention Act died on Wednesday. The deceased was identified Billal Sarder, 50, son of Alapi Sarder of Degreerchar Paschimpara village in Lohagarah...

Photo:ONE Bank Ltd

2015-06-09 00:00:00

Stocks plunge amid low turnover

FE Report | 2015-06-09 00:00:00

Stocks plummeted Monday with falling turnover as investors booked quick profit despite a set of budgetary incentives announced for the capital market. DSEX, the prime index of the Dhaka Stock Exchange (DSE), came down below the 4,600-mark and settled at...

Move to evaluate MF investments on the basis of NAV

FE Report | 2015-06-09 00:00:00

The securities regulator has moved to evaluate mutual funds' (MFs') investments made in the units of other MFs on the basis of net asset value (NAV) instead of current market price, officials said. The regulatory body has initiated the move...

Agrani Ins gets Chairman, Vice Chairman

2015-06-09 00:00:00

The Board of Directors of Agrani Insurance in its 94th meeting held recently unanimously elected Md. Shahbaz Hossain Khan Chairman and Sakhawat Hossain (Lintoo) Vice Chairman of the Company. Md. Shahbaz Hossain Khan, a Sponsor Director of the company, is...

Two GMs join BKB

2015-06-09 00:00:00

 Md. Malek Newaz and Dr. Md. Shahjahan Monday joined Bangladesh Krishi Bank (BKB) as General Manager (GM). Prior to this posting, Md. Malek Newaz was the Secretary of the Board of Directors of the same  bank. He started his banking...

Photo: Francois de Maricourt, Chief Executive Officer, HSBC Bangladesh

2015-06-09 00:00:00

Photo: The 19th Annual General Meeting (AGM) of Bay Leasing & Investment Limited

2015-06-09 00:00:00