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RHD seeks more fund from dev budget for road repair

FHM Humayan Kabir | 2014-11-17 00:00:00

The Roads and Highways Department (RHD) has sought Tk 10 billion in additional maintenance funds although the allocations made in the current year's budget have not yet been fully utilised.          Official sources said the fresh allocation has been sought from...

\\\'Responsible\\\' biz behavaiour wins DBL Group plaudits from global community

FE Desk Report | 2014-11-17 00:00:00

DBL Group, one of the largest knitted textile producers in the country, has vowed to eke out "responsible" profit by making its operations sustainable-socially, ethically and environmentally. Mohammed Abdul Jabbar, managing director of the textile-telecom-ceramic group, made the pledge on...

BD a fair destination for foreign investors

Kamrun Nahar | 2014-11-17 00:00:00

KUALA LUMPUR, Nov 16: Bangladesh is not only a lucrative market for foreign companies but also a fair and welcoming destination for the foreign investors, a Malaysian minister said here Saturday. He also said the relationship between Bangladesh and Malaysia...

News Briefs

2014-11-17 00:00:00

JS committee report on BHRB bill placed The report of the Parliamentary Standing Committee on the Civil Aviation and Tourism Ministry on Bangladesh Hotels and Restaurants Bill (BHRB), 2014 was placed in the Jatiya Sangsad (JS) Sunday. Chairman of the...

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Limited

2014-11-17 00:00:00

Photo: NRB Global Bank Limited

2014-11-17 00:00:00

Australian MP for decent wages in RMG sector

2014-11-17 00:00:00

A senior lawmaker of Australian parliament has urged the big retailers to take more responsibility for ensuring decent wages in the readymade garment (RMG) sector in the apparel exporting countries including Bangladesh, Cambodia, China and Vietnam. "The big companies should...

Govt to intervene in mkt if essentials\\\' prices increase artificially: Tofail

FE Report | 2014-11-17 00:00:00

The government will intervene in the market if the prices of essential commodities are increased artificially by traders, said Commerce Minister Tofail Ahmed Sunday. "At present prices of essential items are almost stable in the market; and there is no...

IMF vows to monitor G20 promises

2014-11-17 00:00:00

BRISBANE, Australia, Nov 16 (Xinhua): Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Sunday that her organisation would closely monitor the G20 leaders ' commitments to economic growth. Speaking at the conclusion of the G20 leaders...

Israel economy contracts in Q3

2014-11-17 00:00:00

JERUSALEM, Nov 16 (Reuters): Israel's economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza. Gross domestic product fell 0.4...

China to cut yearly $6.5b in taxes, fees to spur business growth

2014-11-17 00:00:00

BEIJING, Nov 16 (Reuters): China will cut roughly 40 billion yuan ($6.5 billion) a year in taxes and fees as part of an effort to stimulate the slowing economy, the State Council said. Starting January 2015, the government will scrap...

Europeans urged to speed up TTIP trade talks with US

2014-11-17 00:00:00

SYDNEY, Nov 16 (Reuters): German Chancellor Angela Merkel urged European nations on Sunday to speed up their negotiations with the United States over a Transatlantic Trade and Investment Partnership (TTIP) agreement between the US and EU. Speaking a news conference...

exchange rate

2014-11-17 00:00:00

Photo: Janata Bank

2014-11-17 00:00:00

Iran eyes tighter spending, more tax to offset lost oil revenues

2014-11-17 00:00:00

TEHRAN, Nov 16 (AFP):  Iran plans to tighten spending and raise taxes to help offset the negative impact of sharply lower oil prices and international sanctions on the state budget, its oil minister said. OPEC member Iran, with the world's...

Ruble rebounds from brink but Russians wary

2014-11-17 00:00:00

MOSCOW, Nov 16 (AFP):  Russians sighed with relief when the ruble rebounded in recent days, but with painful memories of the financial crisis still fresh, many are rattled and fear the respite could prove short-lived. The ruble has been sliding...

Copper gains after strong US data, aluminium down

2014-11-17 00:00:00

LONDON, Nov 16 (Reuters): Copper prices rose on Friday as better than expected U.S. and European economic data calmed jitters about a slowdown in global growth, sparking some bearish speculators to buy back positions. Three-month copper on the London Metal...

Tigers sweep Zimbabwe series

2014-11-17 00:00:00

The year 2014 has just become a whole lot nicer for Bangladesh. After 10 months of losses, failures, suspensions, resignations and sackings, they have completed a 3-0 Test series win over Zimbabwe with a 186-run margin in Chittagong, reports Cricinfo....

Photo: NEW DELHI, India: An Iranian exhibitor adjusts a display of dry fruits

2014-11-17 00:00:00

President, PM, Khaleda, Rawshan greet Tigers

2014-11-17 00:00:00

President Abdul Hamid congratulated Sunday Bangladesh Cricket Team for their first three-match Test series victory against Zimbabwe, reports UNB. In a message, the President expressed the hope that the winning trend will continue in future. Bangladesh completed its first ever...

Toss in focus for Misbah, McCullum

2014-11-17 00:00:00

DUBAI, Nov 16 (AFP): Rival captains Brendon McCullum and Misbah-ul Haq agreed Sunday that winning the toss would be important to the outcome of the second Test between Pakistan and New Zealand starting here Monday. McCullum called heads and it...

England, Spain secure victories

2014-11-17 00:00:00

PARIS, Nov 16 (AFP): England and reigning champions Spain both secured home victories in Euro 2016 qualifying Saturday as some of the continent's minnows again enjoyed outstanding results. A turgid Group E encounter between England and Slovenia at Wembley came...

BD reach quarterfinal

2014-11-17 00:00:00

Bangladesh reached the quarterfinal of the 4th Asian Beach Games Men's Basketball with one match to spare after winning both of their Group A matches in span of only half an hour at the Karon Beach in Phuket Sunday, reports...

Eve football team to face Maldives today

2014-11-17 00:00:00

Bangladesh Eve cricket team will take on the Maldives in their third and last Group A match of the 3rd SAFF Women's Championship scheduled to be held today (Monday) at the Jinnah Stadium in Islamabad, Pakistan, reports BSS. Earlier, Bangladesh...

Qatar vows to change \\\'kafala\\\' labour law

2014-11-17 00:00:00

DOHA, Nov 16 (AFP): Qatar, host of the 2022 football World Cup, pledged Sunday to introduce new legislation to replace the controversial "kafala" sponsorship system and improve conditions for migrant workers by early 2015. The current law, which limits the...

sports digest

2014-11-17 00:00:00

Pele released from hospital after kidney stone op SAO PAULO, Nov 16: Brazilian football legend Pele was released from the hospital Saturday after undergoing surgery for kidney stones, hospital officials said. The 74-year-old "king" of Brazilian football was admitted to...

Draft SAARC Motor Vehicles deal to be placed before cabinet today

Munima Sultana | 2014-11-17 00:00:00

The proposed SAARC Motor Vehicles Agreement will be placed before today's (Monday) cabinet meeting for approval without necessary scrutiny by agencies concerned to fix fees and charges for transportation of cargoes and passengers. Sources said the draft agreement which was...

Independence put at stake by signing secret deals: BNP

2014-11-17 00:00:00

BNP chairperson Khaleda Zia alleged on Sunday that the country's independence has been put at stake by signing secret deals with foreign countries ignoring public opinion, reports UNB.   In a statement marking the 38th death anniversary of Moulana Abdul Hamid...

Hasan Mahmud wants BNP leaders\\\' \\\'mental treatment\\\'

2014-11-17 00:00:00

Awami League publicity and publication secretary Dr Hasan Mahmud urged on Sunday the leaders of Doctors Association of Bangladesh (DAB) to examine the mental fitness of BNP Leaders, reports UNB. "BNP leaders are talking like dementia patients. I would like...

Ex-MP Tipu gets bail, his son put on 3-day remand

2014-11-17 00:00:00

A Dhaka court Sunday placed Humayun Sultan Sadab, son of former MP Khan Tipu Sultan, on a three-day remand in a case filed for killing his wife, reports UNB. Dhaka Metropolitan Magistrate Mohammad Anwar Sadat passed the order rejecting an...