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Thai govt to spend over $180m in rubber market to support prices

2014-12-13 00:00:00

BANGKOK, Dec 12 (Reuters): The Thai government is buying rubber from the market through a 6 billion baht ($183 million) buffer fund to support prices, the deputy farm minister said on Friday, while another fund will support domestic rubber futures...

Gold set for biggest weekly rise in six months

2014-12-13 00:00:00

LONDON, Dec 12 (Reuters): Gold prices steadied on Friday, on track for their biggest weekly rise since June, as the dollar retreated and sliding oil prices hurt risk appetite, prompting another drop in stocks. Gold is up 3 per cent...

Oil prices slip again after WTI sinks below $60

2014-12-13 00:00:00

SINGAPORE, Dec 12 (AFP): Oil prices sank further in Asia Friday, with analysts warning of little respite from the selling after plunging more than 40 per cent since June. US benchmark West Texas Intermediate (WTI) for January deliver was down...

Sluggish trade drags down stocks

Babul Barman | 2014-12-13 00:00:00

Stocks returned to the red last week after gaining sharply in the previous week as majority of investors closely watched the newly introduced trading platform. The premier bourse Dhaka Stock Exchange (DSE) Thursday launched new automated trading system to ensure...

Shaheen Mahmud, Chairman of the Board of Directors of Jamuna Bank Limited

2014-12-13 00:00:00

United Airways introduces Dhaka-Madinah flight

2014-12-13 00:00:00

The United Airways (BD) Limited on Friday introduced its Dhaka-Madinah flight, reports UNB. Civil Aviation and Tourism Minister Rashed Khan Menon formally inaugurated the flight as the chief guest at a function at Hazrat Shahjalal International Airport. Religious Affairs Minister...

NAV of CAPM Unit Fund declared

2014-12-13 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 89,242,107.40 on the basis of cost price and Tk 92,220,543.50 on the basis of market price...

Local forex market maintains soft tone

2014-12-13 00:00:00

Local forex market maintained soft tone in the week to December 11 and traded around 77.88/USD levels at the end of the week. The market started to be eased due to higher inward remittances and exports in last month. The...

India\\\'s BSE index posts worst week in three years

2014-12-13 00:00:00

MUMBAI, Dec 12 (Reuters): India's benchmark BSE index fell for a fifth session in six on Friday to post its worst weekly loss in three years as oil explorers continued to slump after Brent crude prices slipped to below $63...

Sri Lankan stocks slip as election worries weigh

2014-12-13 00:00:00

COLOMBO, Dec 12 (Reuters): Sri Lankan stocks ended slightly weaker on Friday for the second straight session, led by beverage and diversified shares as investors remained cautious ahead of a Jan. 8 presidential election. The main index ended 0.1 per...

Mujibur, Shahidul, Swapan, Anwar emerge champions

2014-12-13 00:00:00

Mujibur, Shahidul, Swapan and Anwar emerged champion in their respective age group in the first Masters Weightlifting Championship that concluded Friday at the National Sports Council (NSC) gymnasium in the city, reports UNB. The day's group wise champion: age group...

Army, Air Force to meet in final today

2014-12-13 00:00:00

Bangladesh Army and Bangladesh Air Force advanced to the final of the Walton Smart TV Victory Day Volleyball Tournament beating their rivals in the semifinals at the Dhaka Volleyball Stadium in the city Friday, reports UNB. The final will be...

Seven teams register wins in Metropolis TT

2014-12-13 00:00:00

Seven teams of the Agrani Bank Dhaka Metropolis Table Tennis (TT) League registered win as they beat their respective rivals at the Shaheed Tajuddin Ahmed Indoor Stadium in the city Friday, reports UNB. In the day's match, Combined SC beat...

India, Pakistan set for intriguing semi

2014-12-13 00:00:00

BHUBANESWAR, Dec 12 (AFP): Arch-rivals India and Pakistan return to centre stage in field hockey Saturday after a controversial format helped them reach the Champions Trophy semi-finals in Bhubaneswar. Instead of rewarding performances in the preliminary league, all eight teams...

No backing down as Warner hits back-to-back Test tons

2014-12-13 00:00:00

ADELAIDE, Dec 12 (AFP): David Warner says he relishes taking his cricket to the opposition and was at his irresistible best again when he completed back-to-back hundreds against India in the first Adelaide Test Friday. The belligerent Australian opener rode...

sports digest

2014-12-13 00:00:00

Abbott back in groove with stunning spell SYDNEY, Dec 12: Sean Abbott, who delivered the ball that killed Australian batsman Phillip Hughes, proved he was back in the groove Friday with a stunning 6-14 as New South Wales demolished Queensland....

Utility bill payment thru\\\' cellphone gaining ground

Khairul Islam | 2014-12-13 00:00:00

Payment of utility bills through mobile phone is gaining popularity in the country after the launch of services two leading telecom companies, users say. Afifa Affreen, a private banker in the city, said the option to pay gas and electricity...

Accreditation Board set to get int’l recognition

Ismail Hossain | 2014-12-13 00:00:00

The Bangladesh Accreditation Board (BAB) is going to get its first international recognition as an authorised organisation for providing standard certificates of export and import goods very soon. Local manufacturers, exporters, importers and service sector organisations would not need to...

DBL Group hosts UN Global Compact delegation

2014-12-13 00:00:00

DBL Group, one of the largest knitwear groups in the country, hosted a delegation from the United Nations Global Compact (UNGC) recently. The Group, as a signatory to the UNGC, hosted the delegation when the members were in Dhaka to...

BGCCI holds 3rd Global Social Responsibility Conference 2014

2014-12-13 00:00:00

Bangladesh German Chamber of Commerce & Industry (BGCCI) organised the 3rd Global Social Responsibility Conference 2014 in cooperation with GIZ and the Embassy of the Kingdom of the Netherlands in the city  recently, according to a statement. The conference had...

Bottled soybean oil price eases after refixation

2014-12-13 00:00:00

Prices of a few vegetable items, coriander seed and turmeric declined on Friday compared with the previous week.   Meanwhile, the new price of bottled soybean oil has been made effective which helped ease the price by Tk 12-13 per litre,...

‘Biman\\\'s domestic flights cannot take off next month as planned\\\'

2014-12-13 00:00:00

Biman Bangladesh Airlines' efforts to regain its lost domestic passenger market through resuming its local flights next month have suffered a setback as it could not yet sign the necessary deal with the Egyptian aircraft supplier company. "The plan to...

Cleaning campaign in Rangamati to attract more tourists

2014-12-13 00:00:00

RANGAMATI, Dec 12 : Rangamati Municipality has launched a week-long cleaning campaign on Thursday in the hilly town aimed to attract more tourists during the current winter season. Mayor of Rangamati Municipality Saiful Islam Chowdhury and UNO of Rangamati Sadar...

China’s November industrial output at three-month low

2014-12-13 00:00:00

BEIJING, Dec 12 (AFP): China's industrial output expanded at its slowest pace in three months in November, official data showed Friday, with other key indicators also pointing to weakness in the world's second-largest economy. The data came after a key...

Ruble hits new record lows despite rate hike

2014-12-13 00:00:00

MOSCOW, Dec 12 (AFP):  The ruble fell Friday to record lows as oil prices also sank, despite Russia's central bank hiking its interest rate the day before in an attempt to halt the currency's plunge and the resulting price rises....

Mazda to recall 52,000 cars in Japan over Takata air bags

2014-12-13 00:00:00

TOKYO, Dec 12 (Reuters) : Mazda Motor Corp  said on Friday it would recall 52,000 cars in Japan to investigate potential defects in Takata Corp  air bags. The automaker said its latest "investigative" recall would cover Atenza mid-sized cars and...

Sony to launch PlayStation consoles in China from Jan

2014-12-13 00:00:00

SHANGHAI, Dec 12 (AFP): Japanese gaming giant Sony is to offer its PlayStation consoles in China from January, the company said, following rival Microsoft into the potentially lucrative market after China ended a 14-year ban. The company will launch the...

Dollar rises as confidence in US economy grows

2014-12-13 00:00:00

TOKYO, Dec 12 (AFP) : The dollar rose against other currencies in Asia on Friday as a strong US retail sales report reinforced investor confidence in the world's largest economy. The dollar was at 118.81 yen in afternoon trade compared...

\\\'Proper microcredit management for empowerment of women stressed\\\'

2014-12-13 00:00:00

RANGPUR, Dec 12 (BSS) : Proper management in microcredit and savings activities of small-scale community based organisations (CBOs) could accelerate uplift to alleviate poverty bringing self- reliance to rural women for their empowerment. Speakers said this at the concluding ceremony...

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2014-12-13 00:00:00