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2014-08-24 00:00:00

Clinker-laden lighterage vessel sinks in Bay   CHITTAGONG, Aug 23: A lighterage ship laden with cement clinker sank in the bay near Patenga Saturday on its way to Chittagong Port, officials said. The ship MV Nasa dashed with another sunken lighterage...

Photo: Midland Bank Limited

2014-08-24 00:00:00

Domestic paper industry demands govt patronage

Shamsul Huda | 2014-08-24 00:00:00

Local production now can meet more than 80 per cent of the 0.5 million- tonne annual demand for writing, printing and newsprint papers, industry sources said as they sought government patronage for flourishing the fledging industry. Bangladesh Paper Mills Association...

BTA gets new office-bearers

2014-08-24 00:00:00

Mr Ardashir Kabir, Mr M Shah Alam and Mr Kamran T Rahman have been elected chairman, senior vice chairman and vice chairman respectively of the Bangladesh Tea Association (BTA). They were elected for the term 2014-2015 and 2015-2016 at the...

RBI to lower ceiling on bank loans to a single corporate group

2014-08-24 00:00:00

MUMBAI, Aug 23 (Reuters): The Reserve Bank of India (RBI) plans to impose stricter limits on how much a bank can lend to a single corporate group, a move aimed at curbing risk in the banking sector at a time...

Indonesian central bank sees inflation easing in Aug

2014-08-24 00:00:00

JAKARTA, Aug 23 (Xinhua): Indonesia's central bank, Bank Indonesia, forecast the country's consumer price index in August to rise at a slower pace than July's 0.93 per cent, due to the absence of sentiment that can push prices up, an...

Zambia targets 7pc annual economic growth from 2015

2014-08-24 00:00:00

LUSAKA, Aug 23 (Xinhua): The Zambian government is targeting an annual economic growth of seven per cent per annum from next year as it tries to ramp up economic growth to benefit citizens, the Ministry of Finance said on Friday....

Myanmar to see UnionPay Int\\\'l card next month

2014-08-24 00:00:00

YANGON, Aug 23 (Xinhua): China UnionPay International (UPI), in cooperation with Myanmar's Cooperative Bank (CB), will introduce EASi Travel UnionPay card for the first time in Myanmar starting on Sept. 1 to facilitate Myanmar citizens in domestic and international payment,...

Russian farm sector needs $17.6b due to bans: minister

2014-08-24 00:00:00

MOSCOW, Aug 23 (AFP): Russia's farm sector needs an additional 636 billion roubles ($17.6 billion, 13.2 billion euros) of investment to replace the products it banned in response to Western sanctions, Agriculture Minister Nikolai Fyodorov said on Friday. "We prepared...

Photo: Noted economists of the country pose with a book titled \\\'Selected Macroeconomic Issues:

2014-08-24 00:00:00

Photo: Additional Chief Engineer of LGED Engr Shyama Prosad Adhikari speaking

2014-08-24 00:00:00

Photo: The Jatiya Garments Sramik Federation

2014-08-24 00:00:00

\\\'UISCs to be made outsourcing centres\\\'

2014-08-24 00:00:00

All the 4,516 Union Information Service Centres (UISCs) will be turned into outsourcing centres to create opportunities for rural people to earn foreign currency, ICT Secretary Md Nazrul Islam Khan said Saturday, reports BSS. "Rural people, particularly youths, can get...

Argentina broke global trade rules: WTO

2014-08-24 00:00:00

GENEVA, Aug 23 (AFP): Argentina broke global trade rules by imposing a raft of hurdles for goods sold by partners including United States, the EU and Japan, a WTO disputes panel ruled on Friday. In the ruling, the World Trade...

China says factory arrears rising as economy stumbles

2014-08-24 00:00:00

BEIJING, Aug 23 (Reuters): More Chinese manufacturers are falling behind on their payments as economic growth falters, causing accounts receivable to spike 1.1 trillion yuan ($179 billion) in the first six months from the year-ago period, the government said on...

Serbia promises EU not to subsidize export to Russia

2014-08-24 00:00:00

BELGRADE, Aug. 23 (Xinhua): Serbia agreed not to encourage exports to Russia by providing incentives in the light of the mutual sanctions between Russia and EU, Prime Minister Aleksandar Vucic said on Friday. But he said that Serbia will continue...

Brazil\\\'s slump hits job market as election approaches

2014-08-24 00:00:00

SAO PAULO/BRASILIA, Aug 23 (Reuters): Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid. For years, low unemployment...

Photo: BEIJING, China: A Chinese worker cleans the window of a building

2014-08-24 00:00:00

Photo: MANILA, Philippines: A homeless family lives in a makeshift shelter

2014-08-24 00:00:00

Photo: CAPE TOWN, South Africa: People walking on the beach

2014-08-24 00:00:00

Govt crazy to keep BNP out of politics: Fakhrul

2014-08-24 00:00:00

BNP alleged on Saturday that the government is conspiring to keep the party away from politics and election by implicating its top leaders in 'false' cases, reports UNB.  "The government has filed false cases one after another against Khaleda Zia....

Killing people for movement undemocratic, says PM

2014-08-24 00:00:00

Prime Minister (PM) Sheikh Hasina said on Saturday those who kill people in the name of movement do not believe in healthy politics, democracy, constitution and the country's independence, reports UNB. "Those who kill people in the name of politics...

Perpetrators of Aug 21 carnage to be tried, says minister

2014-08-24 00:00:00

Food Minister Advocate Quamrul Islam said Saturday the perpetrators of 21 August carnage will be tried like the killers of Bangabandhu Sheikh Mujibur Rahman, reports BSS. "We finally ensured trial of the killers of Bangabandhu and execution of the court's...

Internal \\\'colonialism established\\\' in BD

2014-08-24 00:00:00

Speakers at a discussion in the city said on Saturday 'internal colonialism' has been established in Bangladesh with the announcement of the broadcast policy for the media and holding a 'voter-less 'illegal' election' on January 5, reports UNB. They came...

Govt firm to build BD a middle income nation by 2021

2014-08-24 00:00:00

RANGPUR, Aug 23 (BSS): State Minister for Rural Development and Cooperatives Moshiur Rahman Ranga today said the present government is committed to build Bangladesh a middle income nation by 2021 through materialising Vision 2021. The government has been implementing the...

Occupied land of roads, highways to be recovered: Quader

2014-08-24 00:00:00

Communications Minister Obaidul Quader said Saturday that steps would be taken to recover the lands of roads and highways from illegal political occupation, reports UNB. Lands that have been occupied for political reasons will be retrieved by the ministry, he...

Ivy\\\'s death anniv today

2014-08-24 00:00:00

The 10th death anniversary of Ivy Rahman, then women affairs secretary of Awami League (AL), a victim of the August 21 grenade blasts, will be observed today (Sunday), reports UNB. A decade ago, on August 24 in 2004, Ivy Rahman,...

Military takeover possible \\\'in case of no polls\\\' on Jan 5

2014-08-24 00:00:00

SIRAJGANJ, Aug 23 (UNB): Health and Family Welfare Minister Mohammad Nasim said on Saturday there might have been a military rule in the country if the January-5 parliamentary elections could not be held. He said this while distributing relief materials...

BNP deplores raid on Inqilab editor\\\'s house

2014-08-24 00:00:00

BNP spokesperson Mirza Fakhrul Islam Alamgir has condemned Thursday night's police 'raid on the Banani residence of Inqilab editor AMM Bahaudin and attack on the house of a security guard', reports UNB. Voicing concern over the police raid, the BNP...

Photo: Women voters waiting to cast their votes

2014-08-24 00:00:00