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news digest

2014-12-25 00:00:00

India honours former PM with Bharat Ratna The former Indian prime minister Atal Behari Vajpayee has been honoured with the country's highest civilian award. Authorities announced the Bharat Ratna (Jewel of India) for the senior politician from PM Narendra Modi's...

Abahani beat arch-rivals MSC

2014-12-25 00:00:00

League leaders Abahani Ltd made a winning start beating their arch-rivals Mohammedan Sporting Club (MSC) by 3 wickets in a six-team super league battle of the Walton Refrigerator Dhaka Premier Division Cricket League at Khan Saheb Osmani Ali Stadium in...

Shakib joins Melbourne Renegades

2014-12-25 00:00:00

Shakib Al Hasan has been signed by Melbourne Renegades for the second half of the Big Bash League season, reports Cricinfo. The Bangladesh allrounder with provide cover for the departing Andre Russell, who will join the West Indies ODI squad...

Inter-department T-20 Cricket begins at JU

2014-12-25 00:00:00

JAHANGIRNAGAR UNIVERSITY, Dec 24 (BSS): Inter-Department T-20 Cricket Competition of Jahangirnagar University (JU) began on central playground of the university here Wednesday. JU Pro-Vice-Chancellor Professor Dr Abul Hossain inaugurated the meet as the chief guest while President of Cricket Competition...

Taekwondo meet begins tomorrow

2014-12-25 00:00:00

The Trust Bank 13th National Senior and Junior Taekwondo competition will begin tomorrow (Friday) at the National Sports Council (NSC) Gymnasium with the participation of 24 districts, associations, clubs and universities across the country, reports BSS. Adjutant General of Bangladesh...

Injured Tamim to leave for Melbourne tomorrow

2014-12-25 00:00:00

Bangladesh opening batsman Tamim Iqbal, who suffered knee injury, will leave for Melbourne, Australia tomorrow (Friday) to be treated under a specialist there, reports UNB. BCB physician Dr Debashish Chowdhury said that Tamim will fly for Melbourne tomorrow (Friday) and...

WI face tough task in second Test

2014-12-25 00:00:00

PORT ELIZABETH, Dec 24 (AFP): The West Indies face a daunting task when they take on South Africa in the second Test at Port Elizabeth's St George's Park Friday. The tourists were outplayed in the first Test at Centurion, where...

sports digest

2014-12-25 00:00:00

Zia lost 6th round in Alain Chess GM Ziaur Rahman of Dhaka Mohammedan Sporting Club Limited lost to 2661 rated Ukraine GM Areshchenko Alexander and secured 3.5 points after the 6th round games of the Alain Classical Chess Tournament now...

A decade of Western aid in Afghanistan - mission unsustainable?

Jessica Donati of Reuters in Kabul | 2014-12-25 00:00:00

Afghanistan has new roads, sections of which many deem too dangerous to use. It has a turbine to fill electricity needs that remains in pieces. Sixteen transport planes given to the Air Force were scrapped having barely flown. International aid...

Reducing non-performing loans of banks

Shah Md. Ahsan Habib | 2014-12-25 00:00:00

In 2014, the banking sector in the country saw increased volumes of classified loans, also called non-performing loans (NPLs). According to the Bangladesh Bank (BB), during Quarter 3 (Q3), the share of classified loans in the total outstanding loans of...

US-Cuba normalise relations to promote their national interests

Mohammad Amjad Hossain from Virginia, USA | 2014-12-25 00:00:00

In international relations, there is no permanent friend or foe, but permanent interest prevails. This has been reflected in the decision of President Barack Obama to normalise relations with Cuba. The Eisenhower Administration severed diplomatic relations with Cuba on January...

Governance-related issues under the scanner

2014-12-25 00:00:00

The latest report of BRAC Institute of Governance and Development (BIGD) on 'The State of Governance Bangladesh 2013: Democracy, Party, Politics,' sheds light on the country's problems of democratic consolidation in the context of its development needs and priorities for...

Rule of Law and governance

Moazzem Hossain | 2014-12-25 00:00:00

Rule of law is inextricably linked with democratic governance and sustainable economic development. These are reinforcing factors for forward movement of a nation in today's inter-connected world where technology is a vital input. Institutionalisation of rule of law makes democracy...

Proposed hike in civil service pay structure

Sadeq Ahmed | 2014-12-25 00:00:00

There is no problem with the proposed pay increases per se.  It is universally acknowledged that civil service pay structure in Bangladesh is low.   However, the real issues that are relevant here concern a number of areas. The relationship between...

Hope for political stability

2014-12-25 00:00:00

Year 2014 is coming to an end and it was a peaceful year, almost free of political violence compared to last year. But the record of human rights abuse leaves us worried.  I hope 2015 will be a good year...

Sony hack: Russia offers sympathy to N Korea

2014-12-25 00:00:00

Russia on Thursday offered sympathy to North Korea amid the Sony hacking scandal, saying the movie that sparked the dispute was so scandalous that Pyongyang's anger was "quite understandable," according to a news agency.    

Forced disappearance and prevailing fear and insecurity

2014-12-25 00:00:00

It is often reported in the media that kidnappers wearing uniforms of law enforcing agencies or introducing themselves as their members, kidnap citizens. Number of such incidents is rising because of the lax attitude of the authorities concerned. At times,...

Insufficient and poor state of healthcare

2014-12-25 00:00:00

Medical treatment is getting close to a luxury today and is fast going out of reach of the common people. The doctors have become too business-oriented and they are usually mindless of the economic conditions of their patients while prescribing...

\\\'Digital First\\\' strategy: Banks redefine their relationship with customers

Muhammad H. Kafi | 2014-12-25 00:00:00

With the advancement of technology, from mobile wallet to social media, tablets and  'de-banked' digital consumer, one argues if banking is a place we go to, but something else we do. Bill Gates, former chairman of Microsoft, surprised many, saying,...

Corporal punishment is not only ineffective - it\\\'s also harmful

Frank Peters | 2014-12-25 00:00:00

Subjecting a child to corporal punishment in the home or school is no different to peeing in the wind - it all comes back on you. It is a truism that beating a child generates only negative results, but don't...

Turnover dips below Tk 2.0b-mark

FE Report | 2014-12-25 00:00:00

Stocks went down back-to-back sessions Wednesday with turnover dipping below Tk 2.0-billion-mark as investors remained reluctant to make fresh investments in the market amid lack of clear direction. Meanwhile, share trading will remain closed today (Thursday) at Dhaka Stock Exchange...

AMCs asked to submit reports on assets by Jan 15

FE Report | 2014-12-25 00:00:00

The securities regulator has asked the custodians of Asset Management Companies (AMCs) to submit their reports on the assets purchased as on December 31 this year to ensure due responsibility of custodians, officials said. An official source of the Bangladesh...

IFAD Autos IPO lottery held

FE Report | 2014-12-25 00:00:00

Initial Public Offering (IPO) lottery of IFAD Autos Limited (IAL) was held Wednesday to allocate shares among the investors, officials said. The lottery was held at 10:30am at Seminar Hall of the Institution of Engineers, Bangladesh (IEB) in the city....

DSE examining Shurwid Ind affairs

FE Report | 2014-12-25 00:00:00

Dhaka Stock Exchange (DSE) is examining the row created over holding and adjourning of the 4th Extra Ordinary General Meeting (EGM) and 10th Annual General Meeting (AGM) of Shurwid Industries, officials said. According to the premier bourse, the DSE had...

MI Cement approves 30pc cash dividend

2014-12-25 00:00:00

The 20th annual general meeting (AGM) of MI Cement Factory Ltd (Crown Cement) was held at 11:00 am on Wednesday on its factory premises at West Mukterpur in Munshiganj. The financial statements for the year ended June 30, 2014, auditors'...

PRAN approves 32pc dividend

2014-12-25 00:00:00

The Agricultural Marketing Company Ltd-AMCL (PRAN) has declared 32 per cent dividend to its shareholders for the year 2013-2014. The dividend was announced at the 29th Annual General Meeting of Agricultural Marketing Company Ltd held at Trust Milonayaton, Old Airport...

News Briefs

2014-12-25 00:00:00

Cash dividend Ratanpur Steel Re-Rolling Mills Limited The Company has informed that Cash dividend for the year ended on June 30, 2014 has been remitted to the respective shareholders Bank Accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System and...

Photo: Southeast Bank Limited

2014-12-25 00:00:00

Photo: Adjutant General, Bangladesh Army & Vice Chairman of Trust Bank Limited

2014-12-25 00:00:00

Photo: Social Islami Bank Limited (SIBL)

2014-12-25 00:00:00