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Six uncapped players in WI WC squad

2014-12-10 00:00:00

ST JOHN'S, Dec 9 (AFP): Six uncapped players were named in the West Indies' 30-man provisional squad Tuesday for the World Cup in Australia and New Zealand next year. Left-arm seamer Kenroy Peters, 30-year-old leg-spinner Imran Khan, off-spinner Ashley Nurse,...

sports digest

2014-12-10 00:00:00

Sohail happy to help suspension-hit Pakistan DUBAI, Dec 9: Pakistan's newcomer Haris Sohail Tuesday showed confidence he can help his team's bowling which has been hit badly by the suspension of ace spinner Saeed Ajmal and all-rounder Mohammad Hafeez. The...

Photo: NEW DELHI: Indian Bollywood actress Depika Padakone

2014-12-10 00:00:00

Chinese co offers to cooperate in producing low-cost paper in BD

FE Report | 2014-12-10 00:00:00

A Chinese light engineering company proposed to cooperate in producing paper in the country at a low cost by using the latest technology. The company also wants to help enhance the capacity of the state-run sugar mills. China Light Industrial...

6th UN Global Compact Local Network Exchange Programme ends

2014-12-10 00:00:00

The United Nations Global Compact (UNGC) Local Network Exchange Programme 2014 organised by CSR Centre as the Global Compact Network Bangladesh Focal Point concluded in the city on Tuesday, said a statement. The three-day programme was sponsored by Mutual Trust...

India \\\'should allow banks to hold gold as reserves\\\'

2014-12-10 00:00:00

MUMBAI/SINGAPORE, Dec 9 (Reuters): India should allow banks to use gold as part of their liquidity reserves, which would let them make more use of gold inside the country and reduce the need for imports, an industry body said on...

WorldFish inks deal with 5 shrimp cos

FE Report | 2014-12-10 00:00:00

USAID Aquaculture for income and nutrition (USAID-AIN) project implemented by WorldFish Monday signed memorandum of agreement with five shrimp processing plants of Khulna to improve the efficiency of linkage between farmer groups and shrimp processors in the shrimp value chain....

Biman\\\'s new foreign MD to join on Jan 5

2014-12-10 00:00:00

South Africa-born British citizen Kyle Haywood, the new managing director and chief executive officer (CEO) of national flag carrier Biman Bangladesh Airlines, is going to take over on January 5, reports UNB. "The new Biman MD will assume his office...

Cyprus economy shrinks 0.3pc in Q3

2014-12-10 00:00:00

NICOSIA, Dec 9 (AFP): The Cypriot economy contracted 0.3 per cent in the third quarter, a slight improvement on a 0.4 per cent dip in the previous three months, the state statistical service said Tuesday. This was the 13th successive...

News Briefs

2014-12-10 00:00:00

New chairman of BJSA Mohammad Shahjahan and Abul Hossain were elected chairman and vice-chairman of Bangladesh Jute Spinners Association (BJSA), a release said Tuesday. Mr Shahjahan is the deputy managing director of M/S Shamser Jute Mills Ltd and Mr Hossain...

Photo: FBCCI Acting President Monowara Hakim Ali met Bhutanese Prime Minister

2014-12-10 00:00:00

Photo:Bangladesh Association of Software and Information Services (BASIS)

2014-12-10 00:00:00

PMO for quick fund finding to build Paira seaport

Syful Islam | 2014-12-10 00:00:00

The Prime Minister's Office (PMO) has asked the Ministry of Shipping (MoS) to arrange funds immediately to construct the country's third seaport, Paira Port, to fulfil the present government's election pledge, sources said.    To intensify the move to construct the...

BARVIDA for allowing \\\'8-year old\\\' reconditioned bus for public transportation

Mohammad Ali | 2014-12-10 00:00:00

Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has demanded of the government to allow import of minimum 'eight-year old' reconditioned bus for public transportation, as it will significantly facilitate to ease the existing severe traffic jam in Dhaka city....

Speaker for more women involvement in ICT

2014-12-10 00:00:00

RANGPUR, Dec 9 (BSS): Involvement of more and more women in the information and communication technology (ICT) seen vital for building a science and knowledge-based society in the country. Speaker of the Jatiya Sangsad Dr Shirin Sharmin Chaudhury made the...

BD team in Assam for bus service feasibility study

2014-12-10 00:00:00

NEW DELHI, Dec 9 (BSS): A Bangladesh delegation reached Guwahati today to study feasibility of introducing regular bus service between Guwahati and Dhaka. Official sources said that a joint team of India and Bangladesh would undertake a trial run tomorrow...

China to allow non-banks in interbank forex trade

2014-12-10 00:00:00

BEIJING, Dec 9 (Reuters): China will allow financial firms apart from banks to trade in its interbank foreign exchange market from January 1, the government said on Tuesday in another step to deepen the country's financial markets. Sources with knowledge...

Photo: Vice Chancellor of Brac University

2014-12-10 00:00:00

exchange rate

2014-12-10 00:00:00

US sets clean-energy trade mission to China

2014-12-10 00:00:00

WASHINGTON, Dec 9 (AFP): The United States on Monday announced it will send a cabinet-level energy and trade mission to China next year to drum up clean-energy business following a breakthrough US-China climate accord. Secretary of Commerce Penny Pritzker and...

Weaker euro widens German trade surplus

2014-12-10 00:00:00

BERLIN, Dec 9 (AFP): Germany's trade surplus grew slightly in October, data published Tuesday showed, with imports showing a sharper decline than exports due in part to a weaker euro. Exports slipped by 0.5 per cent in October to 97.2...

EU states, parliament agree new 2015 budget

2014-12-10 00:00:00

BRUSSELS, Dec 9 (AFP): EU member states and the European parliament said Tuesday they have reached a deal on a new 2015 budget for the 28-country bloc after bridging gaps that threatened to scupper a deal. The two had failed...

ICICI tap achieves tightest spread among Indian banks

2014-12-10 00:00:00

SINGAPORE, Dec 9 (Reuters): ICICI raised US$200m in an opportunistic tap of its US$500 million 3.5 per cent March 2020s at 165bp over Treasuries, the tightest spread for an Indian bank deal since 2007, according to a banker on the...

Russia\\\'s economy to contract 0.7pc in 2015: WB

2014-12-10 00:00:00

MOSCOW, Dec 9 (AFP): The World Bank on Tuesday predicted that Russia's economy would shrink by 0.7 per cent in 2015, but warned that the contraction would be worse if oil prices were to keep sliding. The World Bank said...

EC meeting of Bangladesh Cargo Vessel Owners Assoc held

2014-12-10 00:00:00

The first meeting of the newly elected Executive Committee (EC) of Bangladesh Cargo Vessel Owners Association for the term 2014 2016 was held in the city recently, said a statement. President of the association Mahbub Uddin Ahmed, Bir Bikrom, presided...

German carmakers unveil surprise changes in top management

2014-12-10 00:00:00

FRANKFURT/BERLIN, Dec 9 (Reuters): In a surprise move, BMW said on Tuesday its long-time chief executive Norbert Reithofer would step down in May, one year early, and hand the reins of the Munich-based luxury carmaker to 49-year-old production chief Harald...

Photo: CZECH REPUBLIC: French Prime Minister Manuel Valls (right)

2014-12-10 00:00:00

BSEC goes tough

FE Report | 2014-12-10 00:00:00

The securities regulator Tuesday approved the IPO (initial public offering) proposal of Bangladesh Steel Re-Rolling Mills (BSRM) which will raise a fund worth Tk 612.5 million under fixed price method, officials said.    The regulator has also asked its enforcement department...

GD Assist signs deal with Pantai Gleneagles

2014-12-10 00:00:00

GD Assist Limited, a subsidiary of Green Delta Insurance recently signed deal with Pantai Gleneagles, Malaysia, one of the leading healthcare providers in Malaysia.  Under this agreement, GD Assist will work as Pantai Gleneagles' agent in Bangladesh as a part...

Bank, telco shares attract investors

FE Report | 2014-12-10 00:00:00

Stocks edged marginally higher Tuesday after previous session's flat movement with turnover improved slightly as investors took position on heavyweight bank and telecommunication stocks. The market opened with a positive note and remained green throughout the session. DSEX, the prime...