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Local currency depreciates more

2014-11-22 00:00:00

The local currency depreciated further against the greenback during the week of November 16 to November 20 last as the market is making some big import payments. The market might see the same tone next week as well. The average...

Tokyo investors cautious next week over market downturn

2014-11-22 00:00:00

TOKYO, Nov 21 (AFP): Tokyo investors are likely to be cautious next week about a possible market downturn, analysts said Friday, while political developments in Japan will be a focus ahead of an election next month. "The market continues to...

Provisional figure of inward remittance during the month of November, 2014

2014-11-22 00:00:00

Call for funds as campaigners lay out clean cooking vision

A.Z.M. Anas | 2014-11-22 00:00:00

NEW YORK, November 20: A global campaign group has urged governments, donors and investors to cough up at least US$500 million to promote clean cooking, which they say can help cut millions of premature deaths. "Now it's time to turn...

GD Assist Limited

2014-11-22 00:00:00

Move to issue legal notice for relocation disappoints tanners

Ismail Hossain | 2014-11-22 00:00:00

Tanners have expressed their disappointment over the Industries Minister's decision to issue legal notice to tannery owners in the capital's Hazaribagh for not relocating their industrial units within the stipulated time. They said such a decision is not fair as...

Dutch-Bangla Bank

2014-11-22 00:00:00

Thrust on high speed internet facilities

2014-11-22 00:00:00

COMILLA, Nov 21 (BSS) - The aspiring future IT leaders and entrepreneurs have put forward suggestions including attractive remuneration packages for the entrepreneurs to grow, providing more IT training for building skilled manpower and low cost but high speed internet...

Md Nazmus Salehin, Managing Director

2014-11-22 00:00:00

GD Assist inks deal with Sunway Medical of KL

2014-11-22 00:00:00

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

DBBL opens 138th branch

2014-11-22 00:00:00

Dutch-Bangla Bank has opened its 138th branch at Elenga (Ekattur Bhaban, 1st floor, Elenga Bus Stand, Kalihati, Tangail) recently. K.S.Tabrez, Managing Director of the Bank formally inaugurated the branch. Mr. K.S.Tabrez in his address of welcome informed that, DBBL is...

Vegetables, ginger prices down

2014-11-22 00:00:00

FE Report Prices of vegetables and ginger witnessed further reduction while onion increased in the city kitchen markets on Friday compared to that of its previous price levels. Prices of cauliflower, cabbage, tomato, local bean, long bean, pointed gourd, bitter...

ECB ready to act \\\'without undue delay\\\': Draghi

2014-11-22 00:00:00

FRANKFURT, Nov 21 (AFP): European Central Bank President Mario Draghi said Friday that the ECB is ready to roll out new policy measures to ward off deflation in the euro area "without any undue delay." "We will use all means...

India\\\'s Kotak Mahindra and ING Vysya banks merge

2014-11-22 00:00:00

MUMBAI, Nov 21 (AFP): India's Kotak Mahindra Bank announced Thursday that it is merging with ING Vysya, part-owned by Dutch group ING, as the banking industry faces pressures including competition from new entrants, bad loans and subdued economic activity. The...

photo

2014-11-22 00:00:00

China surprises with interest rate cut to spur growth

2014-11-22 00:00:00

BEIJING, Nov 21 (Reuters): China cut interest rates unexpectedly on Friday, stepping up a campaign to prop up growth in the world's second-largest economy as it heads towards its slowest growth in nearly a quarter century. The cut - the...

UK Finance Minister sees concerns about state of global economy

2014-11-22 00:00:00

LONDON, Nov 21 (Reuters): Stagnation in the euro zone, recession in Japan and geopolitical crises have increased concerns about the state of the global economy, British finance minister George Osborne said on Friday. Osborne said economic performance in the euro...

World\\\'s ultra-rich getting much richer: UBS study

2014-11-22 00:00:00

WASHINGTON, Nov 21 (AFP): A bare 0.004 per cent of the world's adult population controls nearly $30 trillion in assets, 13 per cent of the world's total wealth, according to a new study released Thursday. And perhaps unsurprisingly, the study...

Shakib, Mushfiqur lift Tigers to 281

2014-11-22 00:00:00

Shakib Al Hasan blasted his way to a sixth One Day International (ODI) hundred to help Bangladesh to 281 for 7 in 50 overs, reports Cricinfo. History, however, is on Zimbabwe's side, as nine out of 13 teams have won...

Pakistan salvage draw after Taylor\\\'s ton

2014-11-22 00:00:00

DUBAI, Nov 21 (AFP): Pakistan salvaged a draw in the second Test against New Zealand in Dubai Friday after being set a challenging target of 261 off 72 overs on the back of a brilliant hundred by Ross Taylor. The...

Sania Mirza

2014-11-22 00:00:00

Legends of Rupganj beat Abahani

2014-11-22 00:00:00

Defending champions Legends of Rupganj (former Gazi Tank Cricketers) maintained their all win run beating Abahani Ltd by 3 wickets in a match of the Dhaka Metropolis First Division Cricket League at the Khan Saheb Osman Ali Stadium in Fatullah...

B’desh lose in both men\\\'s, women\\\'s kabbadi

2014-11-22 00:00:00

Bangladesh men's and women's kabaddi teams lost their respective Group A matches of the 4th Asian Beach Games held at the Patong Beach (North) in the Thai tourists resort city of Phuket Friday, reports UNB. Bangladesh men's kabbadi team suffered...

Shamnagar in semis of DC Cup Football

2014-11-22 00:00:00

Foreign recruit Kingsley scored the first hat-trick in the tournament as Shamnagar Upazila moved to the semifinal of Walton DC Cup Football Tournamnet eliminating Tapa Upazila by 5-0 goals Friday at the Satkhira District Football Stadium, reports BSS. In the...

Mathews wants settled side for England series

2014-11-22 00:00:00

Colombo, Nov 21 (AP): Sri Lanka captain Angelo Mathews wants a settled side to face England in their limited-overs series starting next week, and avoid the wholesale changes that resulted in a woeful tour to India in which his team...

\\\'BD capable to host Beach Games\\\'

2014-11-22 00:00:00

Bangladesh is capable of hosting international beach games as the country has the world's longest sea beach in Cox's Bazar along side the experiences of hosting many international games events, including the ICC World Cup Cricket, reports UNB. "If we...

Smith stars as Australia down SA to take series

2014-11-22 00:00:00

MELBOURNE, Nov 21 (AFP): Steve Smith hit a thrilling century to propel Australia to a three-wicket victory over South Africa to clinch the five-game one-day international series in Melbourne Friday. Man-of-the-match Smith cracked 104 off 112 balls as Australia stormed...

sports digest

2014-11-22 00:00:00

Federer seeks Davis Cup consecration LILLE, France, Nov 21: Roger Federer leads the Swiss quest to win a first Davis Cup title in Lille Friday, taking on a powerful French quartet spearheaded by Jo-Wilfried Tsonga and Gael Monfils. The 33-year-old...

Banking sector faces an unsavoury situation

Saleh Akram | 2014-11-22 00:00:00

The current state of affairs in a number of banks can be interpreted as unsavoury. The central bank is reported to have identified 15 banks where credit growth rate has hit a negative mark. This situation, as reports quoting a...

Transformation of the economy: Problems and prospects

Md Joynal Abdin | 2014-11-22 00:00:00

Bangladesh is one of the most emerging countries of the world. The current size of its GDP is about US$ 140 billion with annual 6 per cent plus growth rate during the last decade.  Economic growth of the country is...