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Australia-India first Test now in Adelaide

2014-12-02 00:00:00

SYDNEY, Dec 1 (AFP): Australia's four-Test series against India will now start in Adelaide on December 9 after Cricket Australia on Monday reworked the schedule following the tragic death of Phillip Hughes. The opening clash between the teams was due...

Shah Cement-AKS Cup Golf tourney ends

2014-12-02 00:00:00

The three-day Shah Cement -AKS Cup Golf Tournament 2014 concluded with the prize giving ceremony at the 'Banquet Hall, Kurmitola Golf Club recently. Lieutenant General Mollah Fazle Akbar, Commandant, National Defence College, Mirpur Cantonment addressed the closing ceremony as chief...

Qatar slam new World Cup corruption claims

2014-12-02 00:00:00

MANILA, Dec 01 (AFP): Qatar dismissed new allegations of corruption in the bidding process for the 2022 World Cup as they basked in strong support from FIFA chief Sepp Blatter and Asian football officials. Qatar 2022 communications chief Nasser Al...

Bangladesh rout Chinese Taipei 7-0

2014-12-02 00:00:00

Bangladesh made a flying start in the 4th Men's Junior AHF Cup Tournament crushing Chinese Taipei by 7-0 goals in their first match at the Moulana Bhashani National Stadium in the city Monday, reports UNB. Defender Khorshedur Rahman, midfielder Farhad...

sports digest

2014-12-02 00:00:00

President greets Tigers President Abdul Hamid on Monday greeted the Bangladesh Cricket Team for clinching the five-match ODI series against Zimbabwe 5-0.  In a message, the President expressed the hope that the team would maintain the winning trend in the...

Buying spree fuels buoyancy on prime bourse

FE Report | 2014-12-02 00:00:00

The Dhaka Stock Exchange (DSE) prime index registered a sharp climb up 2.08 per cent Monday in the biggest single-day gain in past 12 months, in a turnaround from a bearish run of the bourse.       Market operators said the upturn...

Portfolio investment declines 6.67pc in Nov

FE Report | 2014-12-02 00:00:00

Net foreign investment in Dhaka stocks fell slightly by 6.67 per cent in November from October as overseas investors followed cautious stance. Overseas investors bought shares worth Tk 3.48 billion and sold stocks worth Tk 1.65 billion, taking their net...

Rupali Bank asked to strengthen drive on realising classified loan

FE Report | 2014-12-02 00:00:00

A bilateral meeting between the Bangladesh Bank (BB) and the state-owned Rupali Bank was held at the central bank's head office Sunday, sources said. Presided over by Abu Hena Mohd. Razee Hassan, BB deputy governor, the meeting was attended, among...

Eastland gets ICAB Award

2014-12-02 00:00:00

Eastland Insurance Company Limited has been awarded Certificate of Merit by the  Institute of Chartered Accountants of Bangladesh (ICAB) for excellence in Insurance sector. Managing Director of the company Arun Kumar Saha received the award from Finance Minister Abul Maal...

BB sells US$45 million to three banks directly

FE Report | 2014-12-02 00:00:00

The central bank sold US$45 million more to three commercial banks directly on Monday to meet the growing demand for the greenback, officials said "We've sold the US dollars to the banks to settle their import payment obligations," a senior...

News Briefs

2014-12-02 00:00:00

Intention to sell shares Bangas Limited Md. Rafiqul Haque, one of the Directors of the Company, has expressed his intention to sell 87,000 shares out of his total holding of 5,49,078 shares of the Company at prevailing market price through...

Photo: Green Delta Insurance Company Limited received ICAB award

2014-12-02 00:00:00

Photo: Prime Bank Limited

2014-12-02 00:00:00

Photo: Modhumoti Bank Limited

2014-12-02 00:00:00

Xpress Money sees 12pc growth in Bangladesh

FE Desk Report | 2014-12-02 00:00:00

Xpress Money, one of the world's most dependable money transfer brands, witnessed a growth of 12 per cent from July 2013 to June 2014 in Bangladesh. In the year, the total remittance inflows to the country through legal channels stood...

Photo: Investment Corporation of Bangladesh

2014-12-02 00:00:00

Photo: Nestlé Bangladesh Limited

2014-12-02 00:00:00

Photo: Social Islami Bank Limited

2014-12-02 00:00:00

IDLC Weekly Mutual Funds Update

2014-12-02 00:00:00

Oil prices hit multi-year lows as OPEC decision weighs

2014-12-02 00:00:00

SINGAPORE, Dec 01 (AFP): Oil tumbled to new multi-year lows in Asia on Monday, extending a sharp sell-off last week that came in response to OPEC's decision to maintain crude output despite a supply glut and plunging prices. US benchmark...

Gold tumbles after Swiss referendum, silver slumps to 5-year low

2014-12-02 00:00:00

SINGAPORE, Dec 1 (Reuters): Gold slid 2 per cent on Monday and silver slumped to its lowest since 2009 after Swiss voters overwhelmingly rejected a proposal to boost central bank gold reserves, providing a new trigger for sell-offs in an...

Copper tumbles new low

2014-12-02 00:00:00

LONDON, Dec 1 (Reuters): Copper tumbled to its lowest in four-and-a-half years on Monday, hit by a plunge in oil prices to five-year lows and signs of slowing factory growth in Europe and top consumer China. Chinese purchasing managers' data...

Global Commodity Prices

2014-12-02 00:00:00

Photo: JAKARTA, Indonesia: Two Indonesian vendors wait for customers

2014-12-02 00:00:00

Govt steps up effort to police foreign-aided non-profits

FE Report | 2014-12-02 00:00:00

The government has moved to regulate the flow of foreign aid being channelled to non-profit groups. The cabinet approved Monday the draft 'Foreign Contributions (Voluntary Activities) Regulation Act-2014' in order to better monitor foreign funds channelled to  Non-government Organisations (NGOs)....

BD getting more Japanese investors\\\' notice for strategic location : Envoy

FE Report | 2014-12-02 00:00:00

Bangladesh has been getting increased attention of the Japanese investors due to its strategic location and offered services for doing business, said Japanese Ambassador to Bangladesh Shiro Sadoshima at a programme on Monday. "The inquiries from Japan have doubled, and...

Dhaka, KL to sign 4 instruments during PM\\\'s visit

2014-12-02 00:00:00

Bangladesh will seek greater Malaysian investment and increased and speedy manpower recruitment from Bangladesh apart from signing four instruments during Prime Minister Sheikh Hasina's Malaysia visit. The Prime Minister leaves the city for Malaysia today (Tuesday) on a three-day visit...

News Briefs

2014-12-02 00:00:00

Nestlé constructs another water tank Nestlé Bangladesh Limited has taken a step to ensure good life by providing clean drinking water in a few village schools. It drills and constructs water tanks that store clean drinking water allowing the school...

Photo: Southeast Bank Limited

2014-12-02 00:00:00

BITEF 2014 starts in Ctg tomorrow

Our Correspondent | 2014-12-02 00:00:00

CHITTAGONG, Dec 1: The month-long Bangladesh International Trade and Export Fair (BITEF) 2014 will start on December 3 at the Garib-e-Newaz High School field at Halishahar in the city. The Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI) is organising...