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Lanka offers $1m bonus to lift WC

2015-02-06 00:00:00

COLOMBO, Feb 5 (AFP): Sri Lanka's government Thursday announced a million dollar bonus to the national cricket team if they win this month's cricket World Cup being played in New Zealand and Australia. "We have decided to offer this money...

Irfan, Arafat, Saddam joint champs in DU Hall sports

2015-02-06 00:00:00

Md Irfan, Md Arafat Hossain and Md Saddam Hossain emerged joint champions in the annual sports competition of the Dhaka University's Fazlul Huq Muslim Hall on the central playground of the university Thursday, said a press release. Shakil Ahmed Tanveer,...

Siddikur shares 121st place after 1st round

2015-02-06 00:00:00

Famed Bangladeshi golfer Siddikur Rahman shared the 121st place in the Maybank Malaysian Open with 10 other players after the first round matches at Kuala Lumpur Golf and Country Club Thursday, reports UNB. Siddikur scored 77 with five over par...

Serena to end Indian Wells boycott

2015-02-06 00:00:00

LOS ANGELES, Feb 5 (AFP): Top-ranked Serena Williams, coming off her 19th Grand Slam singles title at the Australian Open, said Wednesday she will end a 14-year boycott of the Indian Wells WTA tournament. Williams, in a essay written for...

WC fairytale just the start for ambitious Afghans

2015-02-06 00:00:00

The journey of Afghan cricket, from the refugee camps in Pakistan to a first 50-over World Cup, is nothing short of a fairytale, reports Reuters. The sport was still banned by the Taliban when Australia beat Pakistan in the 1999...

MA Bari School in final round

2015-02-06 00:00:00

MA Bari Secondary High School moved to the final round of the First Security Islami Bank National Hockey competition beating Magura Government High School by 4-0 goals of the zonal round match Thursday at Chuadanga, reports BSS. In the day's...

Scotland firm to break WC duck

2015-02-06 00:00:00

Registering their first victory in a World Cup match is the "realistic target" Scotland's young and hungry team have set themselves in their third appearance in the biggest 50-over tournament, reports Reuters. In their two previous appearances in 1999 and...

sports digest

2015-02-06 00:00:00

Ivory Coast reach Africa Cup of Nations final BATA, Equatorial Guinea, Feb 5: French coach Herve Renard moved closer to a second Africa Cup of Nations triumph as Ivory Coast defeated Democratic Republic of Congo 3-1 in a semi-final in...

Dholaikhal in the doldrums as political crisis deepens

Shamsul Huda | 2015-02-06 00:00:00

Sales at the automobile spares factories in the city's older part plunged after the opposition called the transport blockade in early last month, factory owners said. "We're getting no customers these days. We can't make payment to dockyard owners who...

No rate hike in potato storage: BCSA

Sonia H Moni | 2015-02-06 00:00:00

Cold storage owners have decided not to raise their preservation rates this year as the government is not increasing the power tariff, an industry leader said. "We're not going to raise the rate this season. Potato farmers will have to...

Farmers demand compensation to recoup blockade losses

FE Report | 2015-02-06 00:00:00

Farmers' rights groups Thursday demanded compensation for the farmers, who incurred losses due to the ongoing political turbulence. They also demanded making a list of the farmers and labourers by involving the government and agricultural organisations to give incentives to...

Google introduces BD Street View imagery

FE Report | 2015-02-06 00:00:00

Popular search engine, Google, has introduced the first Street View imagery of Bangladesh on its maps. Bangladesh is the 65th country to come online through Street View across the world. Google also introduced the Street View Trekker, a wearable backpack...

Dhaka, Delhi discuss issues of bilateral trade

2015-02-06 00:00:00

Bangladesh and India have discussed ways to further promote and facilitate trade between the two neighbouring countries. Improvement of infrastructural facilities, including installation of testing and warehouse facilities in all the 16 land ports along the border of the two...

DCCI pushes for automobile policy

FE Report | 2015-02-06 00:00:00

Industries Minister Amir Hossain Amu said Thursday the government would provide all-out support to help the country's automobile sector flourish.   He gave the assurance when a delegation of Dhaka Chamber of Commerce and Industry (DCCI) met him at his ministry....

News Briefs

2015-02-06 00:00:00

Bangladeshi workers to get priority in Iraq Bangladeshi workers would get priority in the gigantic development works launched in Iraq. Outgoing Iraqi Ambassador to Bangladesh Shakir Quasim Mahdi said on Thursday while paying a farewell call on Foreign Minister Abul...

Photo: Prime Minister Sheikh Hasina receiving a cheque for Tk 60 million from Finance Minister

2015-02-06 00:00:00

Photo: President of FBCCI Kazi Akram Uddin Ahmed speaking

2015-02-06 00:00:00

Thai company to invest $150m in Bangladesh

2015-02-06 00:00:00

Thailand's frontline corporate house "PM Group" would invest around $150 million in Bangladesh to set up a Bi-axially Oriented Polypropylene (BOPP) factory in collaboration with Bangladesh's leading industrial business house "Meghna Group", reports BSS A Memorandum of Understanding (MoU) on...

Egypt keeps Suez Canal transit rates unchanged in 2015

2015-02-06 00:00:00

ISMAILIA, Egypt, Feb. 5 (Xinhua): Egypt has decided yesterday to keep the transit tolls of the Suez Canal waterway unchanged in 2015. However, the discount granted to liquefied natural gas (LNG) carriers would be 25 per cent instead of 35...

BASIS, JETRO to work together for ICT development

2015-02-06 00:00:00

Bangladesh Association of Software and Information Services (BASIS) and Japan External Trade Organization (JERTO), the national trade and investment association of Japan, will work together to increase Japanese Investment in the ICT sector of Bangladesh, says a press release. A...

Bank of England holds interest rates at record low

2015-02-06 00:00:00

LONDON, Feb 5 (AFP): The Bank of England voted Thursday to keep interest rates at a record-low 0.50 per cent, where they have stood for nearly six years, amid fears of deflation and slowing growth. Policymakers also decided to maintain...

World Bank probes internal handling of Chinese loan

2015-02-06 00:00:00

WASHINGTON, Feb 5 (AFP): The World Bank is investigating the handling of a $1 billion loan from China to help fund poor countries, sources familiar with the matter told AFP yesterday. The global development lender was quick to stress that...

US trade deficit expands in December

2015-02-06 00:00:00

WASHINGTON, Feb 5 (AFP): The US trade deficit jumped in December as the strong dollar helped to boost imports sharply. But a surprising surge in oil and oil products imports, despite the plunge in crude prices, may have distorted the...

Photo: FBCCI President Kazi Akram Uddin Ahmed speaking

2015-02-06 00:00:00

exchange rate

2015-02-06 00:00:00

Indian firms line up for low-cost bank licences

2015-02-06 00:00:00

MUMBAI, Feb 5 (AFP): Top Indian firms, including Reliance Industries and Bharti Airtel, have applied for licences to set up low-cost banks that could bring millions more people into the formal banking sector, finance officials said. A total of 41...

China in talks to sell high-speed trains to US

2015-02-06 00:00:00

BEIJING, Feb 5 (AFP): State-owned Chinese firms are in discussions to sell high-speed trains to the United States, senior officials said on Thursday, a deal that would be likely to ignite controversy. China's leaders have been promoting the country's fast...

EU raises eurozone growth outlook

2015-02-06 00:00:00

BRUSSELS, Feb 5 (AFP): The European Union on Thursday raised this year's growth forecast for the struggling eurozone but confirmed that deflation would take hold, caused by cheap world oil prices and a weaker euro. The slightly improved set of...

Belgium needs to shift tax burden: OECD

2015-02-06 00:00:00

BRUSSELS, Feb 5 (Xinhua): Belgium has been told it needs to shift the tax burden onto the country's highest earners while slashing public service expenditure in order to maintain a higher level of growth, a new report said on Wednesday....

ECB decision on Greece \\\'legitimate\\\': Hollande

2015-02-06 00:00:00

PARIS, Feb 5 (AFP): French President Francois Hollande said Thursday the European Central Bank's decision to cut off Greek banks' access to a key source of much-needed cash was "legitimate". Speaking at one of his biannual press conferences, he said...