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BARVIDA celebrates 20th founding anniv today

2014-11-01 00:00:00

Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) will celebrate its 20th founding anniversary through a colourful programme Saturday (today). They will hold a coluorful car rally with all models of reconditioned vehicles imported so far at Hatirjheel in the...

Wal-Mart to expand discounts as retail price war heats up

2014-11-01 00:00:00

BENTONVILLE, Arkansas, Oct 31  (Reuters): Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war...

Inflation targets work, but room for improvement : Fed’s Williams

2014-11-01 00:00:00

WASHINGTON, Oct 31 (Reuters) : A top Federal Reserve policymaker on Friday said global central banks have had good success with inflation-targeting, but should consider other methods that may work better in the face of low interest rates and the...

ASEAN financial inclusion confce recommends regional commitment

2014-11-01 00:00:00

YANGON, Oct 31 (Xinhua) : The two-day ASEAN Financial Inclusion Conference produced a set of recommendations on realization of objectives to accelerate financial inclusion in Southeast Asia, said a statement of the conference available here Friday. The "Yangon Outcomes for...

Euro zone inflation slightly higher in Oct

2014-11-01 00:00:00

BRUSSELS, Oct 31 (Reuters):  Inflation in the 18 countries sharing the euro edged up slightly in October, a first estimate by the European Union's statistics office showed on Friday, giving some hope to policy makers that price deflation can be...

Sony reports a quarterly loss of $1.2b

2014-11-01 00:00:00

TOKYO, Oct 31(BBC):  Japanese consumer electronics giant Sony has reported a net loss for the three months to September of 136bn yen ($1.2bn; £762m). The loss, which was attributed to its struggling mobile phone business, was not as great as...

World heading towards a new power structure

Syed Mahbubur Rashid | 2014-11-01 00:00:00

The 19th century was the century of Europe.  With its empires and industrial economy, Europe dominated the world. Much of the 20th century was the century of America. America with its wealth and military power had been setting the international...

Financial institutions and economic development

Md Abdul Halim | 2014-11-01 00:00:00

Financial institutions play an important role in the economic development of a country. The objective of these institutions is to accumulate the scattered deposits and invest them in a productive manner for economic upliftment. The financial market is created to...

Enhancing capacity of Mongla port

2014-11-01 00:00:00

Capacity enhancing of Mongla seaport is, in effect, linked with easing the excessive and ever-increasing load on Chittagong port. Although stray suggestions were abuzz for quite sometime on how to go about, no planned programme of action was in sight...

Winter comes without its bite

Shihab Sarkar | 2014-11-01 00:00:00

Even thirty to forty years ago, many urban centres in the country, including Dhaka, used to feel the leisurely arrival of winter as early as October. The suburban areas, along with the villages, would begin feeling the soft bites of...

Rebuilding Gaza

Mohammad Amjad Hossain from Virginia, USA | 2014-11-01 00:00:00

The October 12 Cairo conference of donors, hosted by Egyptian President  Abdel Fattah al-Sisi, announced a generous commitment of $5.4 billion for rebuilding Gaza. The amount exceeds the $4bn (£2.5bn) the Palestinian Authority had asked for. Israel in its latest...

Crossing city roads

2014-11-01 00:00:00

I feel at a loss looking at the pictures carried in newspaper  showing people in the capital carelessly crossing busy roads. They feign to be not aware of a foot over-bridge only a short walk from there. This practice of...

The disease called corruption

2014-11-01 00:00:00

Bangladesh is not a developed country. It is on the way of development. I think we can achieve our goal, if we can stop corruption and add an impetus to economic activities in every sphere. We begin the day everyday...

Where Shahjalal Airport stands today

2014-11-01 00:00:00

The Shahjalal Airport has been included in the list of ten worst airports in Asia and it is no surprise. Whenever I visit the airport, I wonder how it can be termed an international airport.   The Dhaka airport is dirty,...

Transiting from a regime of shortage to adequacy

Mashiur Rahman concluding his two-part article | 2014-11-01 00:00:00

AID, DEFICIT FINANCING, UNEMPLOYMENT, INFLATION: The test of success, or effectiveness, of aid is graduating out of aid.  Aid to Bangladesh has been on the decline and since FY06 financed less than 2.0 per cent of the deficit, measured as...

Mongla-Ghashiakhali Channel to reopen within 4 months

2014-11-01 00:00:00

BAGERHAT, Oct 31 (UNB): Good news awaits the people living nearby the Sundarbans as well as its wildlife as the massive shipping now taking place across the rivers in the mangrove forest is expected tocome to an end in four...

Diabetes triples risk of TB

2014-11-01 00:00:00

Diabetes triples the risk that a person will develop tuberculosis, claimed a new report by the International Union against Tuberculosis and Lung Disease (The Union) and the World Diabetes Foundation, reports BSS. The report that screened TB patients in a...

Life begins anew at 67 for rly minister

2014-11-01 00:00:00

Railways Minister Mazibul Hoque has finally tied the knot at the age of 67, reports bdnews24.com. The marriage took place at bride Honufa Akter Rikta's village home in Comilla's Chandina on Friday afternoon. Siddiqur Rahman conducted the wedding ceremony. Hoque...

US embassy phone numbers changed

FE Report | 2014-11-01 00:00:00

Telephone numbers of the US embassy in Dhaka have been changed to eight digits from seven digits as part of the transition to new fibre-optic phone lines. The new phone lines will bring better connectivity,  said an embassy press release...

Hit by neighbour, woman dies

2014-11-01 00:00:00

SYLHET, Oct 31 (UNB): An elderly woman, who fell unconscious after being hit by a neighbour at Baluchar on the outskirts of the city on Wednesday, died at Osmani Medical College Hospital (OMCH), Sylhet on Thursday. The deceased was identified...

21 lecturers sacked over certificate forgery

2014-11-01 00:00:00

JESSORE, Oct 31 (bdnews24.com): Twenty one lecturers of a college in Jessore's Keshabpur Upazila have lost their job over forgery of teachers registration certificates. Besides, two teachers, along with the lecturers of Keshabpur Degree College, have also been suspended over...

Condolence meet reminisces Sabia

2014-11-01 00:00:00

FE Report A condolence meeting was held at the Shilpakala Academy in commemoration of Sabia Siddique, a freelance journalist who was killed in a city road accident recently. Nirapad Khadya Andolon organised the meeting to recall her presence in different...

City Events

2014-11-01 00:00:00

Award giving ceremony of WUB held "Best Performance Award giving Ceremony" was held at the auditorium of the main campus of WUB. Vice Chancellor Prof Abdul Mannan Choudhury attended the occasion as the chief guest while Prof M Nurul Islam,...

News in Brief

2014-11-01 00:00:00

Dacoits kill farmer, injure two CHITTAGONG, Oct 31: A man was shot to death and another two persons received bullet injury by a gang of robbers at Horidaghona area of Boro Hatia village under Lohagara upazila of the district early...

Weather

2014-11-01 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6pm today (Saturday). Day and night temperature may remain nearly unchanged over the country, Met Office said. Country's highest temperature 33.5 degree celsius was recorded on Friday...

8-month ban on jatka catching begins today

2014-11-01 00:00:00

An 8-month ban on catching ‘jatkas’ (hilsa fries less than 9 inches or 23 centimetres in length) begins in all hilsa regions of the country today (Saturday). The fishing, storing, transportation and selling of jatkas will remain prohibited from November...

Govt starts bowing down : BNP

2014-11-01 00:00:00

Claiming that Prime Minister Sheikh Hasina’s remark that a democratic government can hold an election anytime as an indication for snap polls, BNP spokesman Mirza Fakhrul Islam Alamgir said on Friday the government has started conceding to their demand, reports...

Strong movement only option to oust govt

2014-11-01 00:00:00

Senior leader of BNP Barrister Rafiqul Islam Miah said Friday that there is no other option but to wage vigorous street movement together with people to save the country from the hands of the current ‘repressive and corrupt’ government, reports...

Mir Quasem Ali shifted to Dhaka Central Jail

2014-11-01 00:00:00

Jamaat-e-Islami leader Mir Quasem Ali who awaits judgment on the trial of crimes committed against humanity during the 1971 Liberation War was shifted to Dhaka Central Jail from Kashimpur Jail in Gazipur Friday, reports UNB. The International Crimes Tribunal-2 (ICT-2)...

AL activist stabbed dead in Bogra

2014-11-01 00:00:00

BOGRA, Oct 31 (UNB):A local activist of Awami League was stabbed to death by unidentified miscreants at Chalitabari in Sadar Upazila on Thursday night. The deceased was identified as Moazzem Hossain Mondal, 55, an activist of Sadar Upazila unit Awami...