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IMF urges cuts in number of public administration employees to Serbia

2014-09-23 00:00:00

The International Monetary Fund (IMF) is calling on Serbia to reduce the number of employees in the public administration by five per cent next year, Kori Udovicki, Deputy Prime Minister and Minister of Public Administration Local Self-Government, has said. ‘The...

Pakistan: ADB proposes $65m loan for Gulpur Hydropower Project

2014-09-23 00:00:00

Asian Development Bank (ADB) has proposed $65 million loan for the 100 megawatt (MW) Gulpur Hydropower Project, which was being implemented on Build-Own-Operate-Transfer (Boot) basis in Kotli district Azad Kashmir. ADB has updated on its website the investment committee of...

India: ADB to provide 95mn for tourism infrastructure development

2014-09-23 00:00:00

In order to strengthen tourism infrastructure in Himachal Pradesh (HP), the Asian Development Bank (ADB) is providing a financial assistance to the state worth USD 95 million under infrastructure development investment programme for tourism (IDIPT), stated a release. In Tranche-I,...

FBCCI to press for GSP at US forum

2014-09-23 00:00:00

In a strong bid to regain the GSP (generalised system of preferences), the country's apex trade body is taking a strong move at a major business forum scheduled for September 24 and 26 at New York, USA. Kazi Akram Uddin...

Circular on 35th BCS exams published

2014-09-23 00:00:00

The Public Service Commission (PSC) on Tuesday published a circular on the 35th Bangladesh Civil Service (BCS) examinations seeking applications against 1,803 posts. The circular was published on the PSC official website. Contacted, PSC Chairman Ekram Ahmed told UNB that...

Asian Games: Bangladeshi shooter Abdullah Hel Baki finishes 15th

2014-09-23 00:00:00

Bangladesh’s famed shooter Abdullah Hel Baki made a miserable early exit from the qualifying round of the Men’s 10-meter Air Rifles in the 17th Asian Games Shooting at the Ongnyeon International Shooting Range in Incheon Tuesday, according to a news...

Khaleda denies split in 20-party alliance

2014-09-23 00:00:00

BNP Chairperson Khaleda Zia on Tuesday trashed reports that the 20-party alliance led by her party is about to split. Addressing a big public rally in Brahmanbaria Khaleda said the alliance remained united and it would grow stronger, according to...

BD to provide spl facilities to Korean investors: Tofail

2014-09-23 00:00:00

Urging Korean businessmen to come up with more investment, Commerce Minister Tofail Ahmed on Tuesday said Bangladesh will provide special facilities to the Korean investors. The minister said this while attending a meeting at the Korean Foundation and discussion tiled...

US, Arabs allies launch first strikes on IS fighters in Syria, 120 killed

2014-09-23 00:00:00

The United States and its Arab allies bombed Syria for the first time Tuesday, killing scores of Islamic State fighters and members of a separate al Qaeda-linked group, opening a new front against militants by joining a three-year-old civil war....

DU ‘Kha’ unit admission test result published

2014-09-23 00:00:00

The result of Dhaka University’s ‘Kha’ unit admissions test was published on Tuesday. DU Vice-chancellor Prof Dr AAMS Afrefin Siddique formally announced the result at the central admissions office (Room 214) at the administrative building in the evening. A total...

2-day INTEXPO begins in city Sept 29

2014-09-23 00:00:00

A two-day trade show titled ‘Indian Textile Exhibition (INTEXPO), Bangladesh’ will begin in the city on September 29 in an effort to strengthen the existing value chains and symbiotic relationship between Bangladesh and India. The Synthetic and Rayon Textiles Export...

Obama tries reagan touch on US economy

2014-09-22 00:00:00

US President Barack Obama, stumping for the Democrats ahead of November's congressional elections, has twice invoked Ronald Reagan's seminal campaign question: ‘are you better off than you were four years ago?’  Framing the debate like that helped Reagan twice -...

Italy revises down 2013 deficit and debt-to-GDP ratios

2014-09-22 00:00:00

Italy on Monday revised up its gross domestic product for 2013 after a series of methodological changes and as a result the budget deficit and public debt-to-GDP ratios were lowered, national statistics institute ISTAT reported. Due to the upward revisions...

GDP targets too high for China this year?

2014-09-22 00:00:00

Several Chinese provinces are finding it hard to reach the GDP expectations of the central government this year in conjunction with the country's austerity measures, which has funneled spending into other sectors, reports our Chinese-language sister newspaper China Times. Jiangsu,...

G7 GDP then and now

2014-09-22 00:00:00

Most countries have seen slower growth this side of the crisis. Italy is the only G7 economy to have contracted over the past five years. Canadian growth has largely been the same, a little above 13% over both periods. Germany...

Plot allocation: ACC to quiz Shajahan, Abbas on Oct 12

2014-09-22 00:00:00

The Anti Corruption Commission (ACC) will quiz Shipping Minister Shajahan Khan and former Housing and Public Works Minister Mirza Abbas on October 12 next in connection with a 7-acre land in the city allocated for journalists during the previous BNP...

Hartal of BNP-led alliance draws poor response

2014-09-22 00:00:00

The BNP-led 20-party alliance’s first hartal after the January-5 election failed to draw any strong public response Monday , except a few sporadic clashes between pro-hartal activists and police in the capital and elsewhere. At least 100 hartal pickets were...

FF certificates of 4 sr govt officials cancelled

2014-09-22 00:00:00

The government has officially cancelled the freedom fighter (FF) certificates of four senior government officials as their forgery in obtaining those has been proved during an investigation carried out by the Anti Corruption Commission. The Ministry of Liberation War Affairs...

JS body formed to enhance honorarium of Betar artistes

2014-09-22 00:00:00

A three-member parliamentary subcommittee has been formed to make recommendations for enhancing the honorarium of the artistes of Bangladesh Betar and regularising the jobs of its employees employed on a temporary basis. The subcommittee was formed at a meeting of...

Indian court begins retrial of Felani murder

2014-09-22 00:00:00

An Indian court has begun the retrial of the case over the murder of Bangladeshi teenaged girl Felani Khatun. The trial began at a special court in Indian Border Security Force’s (BSF) sector headquarters at Koch Bihar Monday, Kurigram 45...

EHL recommends 15pc cash, 5pc stock dividends

2014-09-22 00:00:00

The board of directors of Eastern Housing Ltd (EHL) has recommended 15 per cent cash dividend and 5 per cent stock dividend for the year ended on July 31, 2014. The annual general meeting (AGM) of the company will be...

BNP, AL supporters rally outside JFK over arrival of Hasina

2014-09-22 00:00:00

The Awami League and BNP activists in New York have taken position outside the John F Kennedy Airport in New York ahead of Prime Minister Sheikh Hasina’s arrival there. The flight carrying the prime minister was due in New York...

MoU signed: Malaysia to set up 1320 MW power plant

2014-09-22 00:00:00

The government on Monday signed a memorandum of understanding (MoU) with Malaysia to set up 1320 (2x660) MW coal-based power plant under joint venture between Bangladesh Power Development Board (BPDB) and a Consortium of Tenaga Nasional Berhad (TNB) and Powertek...

Income tax fair gets highest ever response

2014-09-22 00:00:00

The Income Tax Fair 2014 ended Monday with getting the highest ever response from the taxpayers. The fair, which began simultaneously in divisional headquarters and 22 districts on September 16, concluded in a festive mode Monday as the National Board...

Income tax fair rakes in Tk 16.75b

2014-09-22 00:00:00

The income tax fair this year has fetched the state coffers Tk 16.75 billion this year, which is Tk 5.57 billion more than last year. NBR Chairman Ghulam Hussain said at the fair’s closing ceremony on Monday that this much...

PM reaches New York

2014-09-22 00:00:00

NEW YORK: Prime Minister Sheikh Hasina arrived here Monday morning amid a warm reception to attend the 69th UN General Assembly (UNGA). An Emirates flight carrying the Prime Minister and her entourage reached J F Kennedy (JFK) International Airport at...

Stage set to restore Baksal rule: BNP

2014-09-22 00:00:00

BNP Monday alleged that the government is all set to re-establish one-party Baksal rule by annihilating democracy with the 16th amendment to the constitution.  “The judiciary has totally gone under Awami League’s control with the 16th amendment. The party has...

Kidney patients know little about transplant benefits

Ronnie Cohen of Reuters in New York | 2014-09-22 00:00:00

In a new study, the vast majority of kidney failure patients told researchers they saw no need for a kidney transplant because they were doing fine on dialysis - but the researchers say these patients might not realize how much...

Iran has a role to play in tackling IS, says US

Michelle Nichols and Louis Charbonneau of Reuters in United Nations | 2014-09-22 00:00:00

US Secretary of State John Kerry said last week that Iran had a role to play in a global coalition to tackle Islamic State militants who have seized swaths of Iraq and Syria and proclaimed a caliphate in the heart...

Steel industry on subsidy life-support as China economy slows

Fayen Wong of Reuters in Shanghai | 2014-09-22 00:00:00

Subsidies accounted for four-fifths of the profits reported by Chinese steel companies in the first half of this year, a dramatic increase in reliance on state support that illustrates starkly the industrial weakness that is an increasing drag on the...