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Tourism suffers setback in Barguna

2015-01-10 00:00:00

BARGUNA, Jan 9 : The tourism sector of the country, especially in Kuakata is passing critical times due to hartal and blockade programmes called by BNP and its allies. As a result this buzzing sector is facing serious financial losses....

10,200 pieces blankets to be distributed in Dinajpur

2015-01-10 00:00:00

DINAJPUR, Jan 9 : Some 10,200 pieces quality blankets to be distributed soon among the cold-hit people of Dinajpur district. Hammadul Baki, an official of the Dinajpur district Relief and Disaster Management, told the news agency that the blankets were...

Local output of drug raw materials up 100pc in a decade

Shamsul Huda | 2015-01-10 00:00:00

Local production of active pharmaceutical ingredients (APIs), the main raw materials of drugs industry, has grown by 100 per cent over the last decade, creating new export market and a strong base of backward linkage for this sector, officials and...

Hi-tech park project in limbo for decade

2015-01-10 00:00:00

FE Report Administrative complexities have slowed the implementation of much-awaited Kaliakoir hi-tech park project, officials and IT industry people said.   To expand the technology-based industries, the government took an initiative to establish a hi-tech park in Kaliakoir upazila of Gazipur...

Taiwan\\\'s exports hit record high in 2014

2015-01-10 00:00:00

 TAIPEI, Jan 9 (AFP): Taiwan's exports rose 2.7 per cent year-on-year to a record high of $313.84 billion in 2014, helped by booming demand for smartphones and other electronic products, the government said Friday. Electronics exports rose 13.5 per cent...

Oil prices up in Asia

2015-01-10 00:00:00

SINGAPORE, Jan 9 (AFP): Oil prices rose in Asia Friday after recent heavy falls, but analysts said the upturn is not likely to be very strong owing to excessive global supplies. US benchmark West Texas Intermediate for February delivery was...

Australia aims to secure free trade with India by end of 2015

2015-01-10 00:00:00

SYDNEY, Jan. 9 (Xinhua): Australia is determined to secure a free trade agreement with India by the end of 2015, Australian Trade Minister Andrew Robb said today. Robb, who is leading a delegation of about 450 government and business representatives...

China Dec inflation rises to 1.5pc

2015-01-10 00:00:00

BEIJING, Jan 9 (AFP): Chinese inflation rebounded marginally in December, the government said Friday, but economists warned of deflationary threats and called for more monetary stimulus to boost slowing growth in the world's second-largest economy. The consumer price index (CPI)...

South Africa\\\'s business confidence index drops

2015-01-10 00:00:00

JOHANNESBURG, Jan. 9 (Xinhua): South Africa's Business Confidence Index (BCI) for December 2014 shed 2.5 index points, declining from 90.8 in November to 88.3, according to data released on yesterday. Last month's BCI is 3.6 points below the December reading...

Stocks edge up as choppy politics shatters investors\\\' sentiment

Babul Barman | 2015-01-10 00:00:00

Stocks edged up last week that ended Thursday after previous week's sharp gain as investors were fearful about the political turmoil in the country. The week featured four trading sessions like previous three weeks as market was closed Sunday on...

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2015-01-10 00:00:00

Local currency remains stable

2015-01-10 00:00:00

The local currency maintained stable tone during the week of January 5 to January 8, 2015 last and was traded at around 77.95/USD levels. Increased amount of inward remittances and export volume in last month eased the market. Bangladesh received...

European shares fall as Santander announces capital increase

2015-01-10 00:00:00

LONDON, Jan 9 (Reuters): European shares snapped a two-day winning streak on Friday, with Spain's Banco Santander sliding over 10 per cent after announcing a capital increase and dividend cut. After announcing the share sale late on Thursday, the euro...

US venture capital firm to fund local budding entrepreneurs

2015-01-10 00:00:00

The Founder Institute, an entrepreneur training and startup launch programme and Fenox Venture Capital, a global venture capital firm, have partnered to fund the next generation of aspiring entrepreneurs in Bangladesh, transforming new ideas into funded start-ups, the companies said...

Sri Lankan stocks at near 4-year high on hopes of economic reforms

2015-01-10 00:00:00

COLOMBO, Jan 9 (Reuters): The Sri Lankan index closed at a near four-year high on Friday, after pro-business opposition candidate Maithripala Sirisena defeated President Mahinda Rajapaksa, raising hopes that the new government will push through economic reforms. The main stock...

NAV of CAPM Unit Fund declared

2015-01-10 00:00:00

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 91,877,012.38 on the basis of cost price and Tk 92,665,021.98 on the basis of market price...

American stock funds post $12.3b outflows in week

2015-01-10 00:00:00

NEW YORK, Jan 8 (Reuters): Investors in US-based funds pulled $12.3 billion out of stock funds in the week ended Jan. 7 as a drop in oil prices hurt risk appetite at the start of the year, data from Thomson...

Trust banks\\\' 2014 net purchases of Japan stocks most in 6 years

2015-01-10 00:00:00

TOKYO, Jan 9 (Reuters): Trust banks, managing corporate pension trusts and national pension fund trusts, last year made their largest net purchases of Japanese stocks since 2008, exchange data showed on Friday. They bought a net 2.785 trillion yen in...

Local chapter of the Founder Institute

2015-01-10 00:00:00

Gulshan Youth Club earn win

2015-01-10 00:00:00

Gulshan Youth Club recorded a 67-run victory over Gopibagh Friends Association in a match of the Dhaka Second Division Cricket League Friday at the Dhanmondi Cricket Stadium in the city, reports UNB. Put in to bat first by Gopibagh, Gulshan...

Royal, Rayer Bazar win

2015-01-10 00:00:00

Dhaka Royal Cricketers and Rayer Bazar Athletic registered win in their respective Group-A 50-over-a-side matches of the Dhaka Metropolis 2nd Division Cricket League at two different venues Friday, reports UNB. In the day's curtailed 29-over match, Dhaka Royal Cricketers won...

Smith trumps Bradman to fuel Aussie run chase

2015-01-10 00:00:00

SYDNEY, Jan 9 (AFP): Steve Smith eclipsed a Don Bradman record by powering a furious Australian run chase to set a massive target for India in the final Sydney Test Friday. The Australian skipper with the Midas touch went helter-skelter...

Shakib\\\'s Renegades to face Melbourne Stars today

2015-01-10 00:00:00

After a 37-run win against Hobart Hurricanes Wednesday, world-famed Bangladesh all-rounder Shakib Al Hasan' s Melbourne Renegades will face Melbourne Stars in the Big Bash League (BBL) T20 Cricket at Melbourne Cricket Ground today (Saturday), reports UNB. The match will...

Aussies crash Kuwait 4-1 in Asian Cup opener

2015-01-10 00:00:00

MELBOURNE, Jan 9 (AFP): Hosts Australia displayed impressive firepower to beat Kuwait 4-1 in their Asian Cup opener Friday after talisman Tim Cahill kick-started them following an early scare. Massimo Luongo, Mile Jedinak and James Troisi were also on target...

Imran Khan weds TV journalist

2015-01-10 00:00:00

Neymar, Messi help Barcelona rout Elche 5-0 in Copa del Rey

2015-01-10 00:00:00

MADRID, Jan 9 (AP): Barcelona set aside its off-field troubles and put on a show in which Neymar, Lionel Messi and Luis Suarez scored in a 5-0 route of Elche in a Copa del Rey last-16, first-leg match Thursday. Neymar...

Aga Khan Golf kicks off in city

2015-01-10 00:00:00

The Aga Khan Gold Cup Golf Tournament has got off to a fine start at the Kurmitola Golf Course. Major General Mizanur Rahman Khan, Area Commander, Logistics Area, Dhaka and Vice President, Kurmitola Golf Club did the ceremonial inauguration as...

sports digest

2015-01-10 00:00:00

Federer steamrolls Duckworth in 39 minutes BRISBANE, Australia, Jan 9: Swiss great Roger Federer steamrolled his way into the semi-finals of the Brisbane International with a 39-minute demolition of Australian wildcard James Duckworth Friday. Federer barely raised a sweat as...

Focus on diversification of crops, nutritional balance

2015-01-10 00:00:00

FE Report Experts and agriculturalists at a conference on Friday focused on diversification of crops, sustainable irrigation, and farmers' easy access to storage facility for helping ensure the country's food security. They also observed that apart from enhancement of food...

We learn from our past experiences: PM

2015-01-10 00:00:00

Prime Minister (PM) Sheikh Hasina has said her government is learning from its past experiences and at times from mistakes as 'our past makes us stronger,' reports BSS. "We learn from our past experiences and at times from mistakes. Our...