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ICC decides against Anderson appeal

2014-08-07 00:00:00

LONDON, Aug 6 (AFP): The International Cricket Council (ICC) announced Wednesday that it will not appeal against the decision to clear England's James Anderson over claims he pushed and abused India's Ravindra Jadeja. Judiciary commissioner Gordon Lewis last week cleared...

BD men\\\'s, women\\\'s teams concede defeat in 4th round

2014-08-07 00:00:00

Both the men's and women's teams of Bangladesh conceded defeat in the 4th round matches of the 41st World Chess Olympiad in Tromso, Norway Tuesday, reports UNB. Bangladesh men's team, ranked 55th in the open section, lost to former Olympiad...

England seek repeat win

2014-08-07 00:00:00

MANCHESTER, Aug 6 (AFP): England face the welcome problem of dealing with the consequences of winning ahead of the fourth Test against India at Old Trafford starting Thursday. Victory by the huge margin of 266 runs in the third Test...

Phelps seeks return to int’l stage

2014-08-07 00:00:00

IRVINE, United States, Aug 6 (AFP): Olympic superstar Michael Phelps will tackle the toughest test of his comeback this week at the US Swimming Championships, with a return to international competition on the line. The 29-year-old swimmer's 18 Olympic gold...

Japanese H’ball coach Sasaki joins BHF

2014-08-07 00:00:00

Yasuyuki Sasaki, a high-level handball coach from Japan, joined Bangladesh Handball Federation (BHF) Wednesday to conduct different training courses for the development of handball in Bangladesh, reports UNB. The Japanese coach, who has experiences of coaching different school and college...

Tiger\\\'s fate a mystery as year\\\'s last major looms

2014-08-07 00:00:00

LOUISVILLE, Aug 6 (AFP): Tiger Woods was nowhere to be seen Tuesday at the PGA Championship, except for his image on promotional banners, and his status for Thursday's scheduled start at Valhalla remained uncertain. Former world number one Woods, a...

Federer, Wawrinka advance in Toronto

2014-08-07 00:00:00

TORONTO, Canada, Aug 6 (AFP): Two-time champion Roger Federer turned on the style but Swiss compatriot Stan Wawrinka had to work much harder to advance Tuesday at the ATP Toronto Masters. Second seed Federer showed no mercy against Canadian Peter...

sports digest

2014-08-07 00:00:00

Radwanska advances at Montreal tournament MONTREAL, Aug 6: Polish third seed Agnieszka Radwanska rallied to beat Barbora Zahlavova Strycova 6-4, 6-4 to become the first player to reach the third round of the WTA Montreal hardcourt tournament Tuesday. Radwanska, who...

Asia-Pacific: Unlocking fiscal space to drive inclusive growth

Shamshad Akhtar | 2014-08-07 00:00:00

Asia-Pacific countries continue to drive the global economy. The region has demonstrated great resilience during the economic and financial crisis, contributing about 70 per cent of world growth from 2008-2011. Yet, regional growth is now in a challenging phase. The...

MPS: Dealing with price, financial stability

Shah M Ahsan Habib | 2014-08-07 00:00:00

The Monetary Policy Statement (MPS) that the Bangladesh Bank (BB) launched recently for the period of July-December 2014 has adopted an approach to supporting the government's development goals by containing price rise, ensuring adequate private sector credit supply and financial...

Streamlining operation of Chittagong port

2014-08-07 00:00:00

The findings of a recent study into the operational aspects of the Chittagong Port may not be startling, but these do, however, underline the urgency of redressing the long-standing problems of the port. The problems that the businesses generally face...

On rural sanitary latrines

Abdul Bayes | 2014-08-07 00:00:00

Health is wealth - so goes the adage. But wealth is health, in the context of Bangladesh. Only those with money can afford to get good treatment either at home or abroad; those without it are destined to die. Fortunately,...

A launch disaster foretold

Shihab Sarkar | 2014-08-07 00:00:00

All warnings to the motor launch-owners before Eid appear to have fallen on deaf ears. And it also turned out to be a stroke of sheer luck for some; most vessels were able to reach the capital and the nearby...

BoI on BoI-PC merger

2014-08-07 00:00:00

The merger of the Board of Investment (BoI) and the Privatisation Commission is imminent as the legal formalities are in the final stage of completion. Questions have been raised whether this merger will bring befitting result. Before going into context...

Reviewing Shakib\\\'s punishment

2014-08-07 00:00:00

The Bangladesh Cricket Board will soon take a decision on Shakib Al-Hasan's appeal. The punishment awarded to Shakib will serve as an eye-opener for other players. We believe Shakib, too, learnt his lesson and he would not show defiance in...

Government postal service is dependable

2014-08-07 00:00:00

The private banks and non-banking financial institutions recently published statements in the print media stating that they had dispatched half-yearly financial statements to the addresses of the shareholders.  In bygone years, I used to go through similar statements in the...

SME clusters for spurring growth

Md. Joynal Abdin | 2014-08-07 00:00:00

Michael Porter, father of the concept of 'industrial cluster', defined cluster as a 'geographic concentration of interconnected businesses and associated institutions in a particular field'. In this definition, we are getting three criteria of an industrial cluster. These are (a)...

Chilli prices jump 60pc

FE Report | 2014-08-07 00:00:00

Prices of green chilli shot up by 50-60 per cent in a day due to heavy rainfall that disrupted supply and damaged many farms in the chilli-growing hubs, traders said. Green chilli price reached Tk 100-110 (hybrid) and Tk 120-130...

Oil prices up in Asia

2014-08-07 00:00:00

SINGAPORE, Aug 6 (AFP): Oil prices edged higher in Asia Wednesday on bargain-hunting, but gains were capped by concerns about tepid demand in the United States, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery rose 27 cents...

New govt docs must stay in rural areas for 2 years

2014-08-07 00:00:00

Health Minister Mohammad Nasim on Thursday said 6,151 newly appointed government doctors will have to stay in their workplaces in rural areas for the next two years. “Newly appointed doctors won’t be able to change their workplaces (from rural areas)...

Indian soymeal exports seen weak

2014-08-07 00:00:00

NEW DELHI, Aug 6 (Reuters): Poor supply of soybeans in India will curb soymeal exports by Asia's top producer of the animal feed until at least the new bean harvest from October, despite a jump in shipments of soymeal last...

Russia, Iran set oil-for-goods contract talks

2014-08-07 00:00:00

MOSCOW, Aug 06 (AFP): Russia and Iran have agreed to discuss next month a contract for Tehran to export two percent of its annual oil production in an apparent circumvention of sanctions imposed over its nuclear drive. The controversial deal...

US corn, soybean futures fall on rain, harvest outlooks

2014-08-07 00:00:00

CHICAGO, Aug 6 (Reuters): US soybean futures fell on Tuesday as expectations for a bumper U.S. harvest rose on overnight rains across a broad stretch of the Midwest and a government report showing the crop in better shape than expected,...

Global Commodity Prices

2014-08-07 00:00:00

Photo: KUALA LUMPUR, Malaysia: A seller arranges stocks of fish

2014-08-07 00:00:00

Photo: KHARKIV, Ukraine: A picture shows a partial view of a compressor station

2014-08-07 00:00:00

Shipment to SAARC countries down by 18pc last fiscal year

Ziaur Rahman | 2014-08-07 00:00:00

Bangladesh's exports to SAARC countries dropped by 18.75 per cent in the last fiscal (2013-14), reflecting the nation's lower trade with regional countries even as total shipment surged around 12 per cent same year. While the country's total export climbed...

StanChart H1 net profit up 8.4pc

2014-08-07 00:00:00

HONG KONG, Aug 6 (AFP): Standard Chartered said Wednesday its year-on-year profit for the first half of 2014 was up slightly at 8.4 percent, but confirmed it faces fresh US fines over alleged breaches of money-laundering regulations. Net profit stood...

India blames rich nations for trade talks deadlock

2014-08-07 00:00:00

NEW DELHI, Aug 6 (IANS): India blamed Wednesday the rich nations for a deadlock on global trade talks in Geneva last week and said they were unwilling to discuss other issues of importance to developing countries, such as permanent solution...

Draghi, Juncker hold \\\'constructive talks\\\' on European economy

2014-08-07 00:00:00

FRANKFURT, Aug 6 (Reuters): European Central Bank President Mario Draghi held talks with incoming European Commission chief Jean-Claude Juncker on Wednesday, against the backdrop of a debate among euro zone policymakers about their fiscal rules. "It was a constructive exchange...