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Kabir Khan resigns as Afghanistan coach

2014-09-03 00:00:00

KARACHI, Sept 2 (AFP): Afghanistan's cricket coach resigned Tuesday, saying the job was putting too much strain on his family, dealing the side a major blow in its preparations for next year's World Cup. Kabir Khan, who played four Tests...

Djokovic, Murray book blockbuster qtr-final

2014-09-03 00:00:00

NEW YORK, Sept 2 (AFP): Former champions Novak Djokovic and Andy Murray booked a tantalising US Open quarter-final duel Monday with straight-sets fourth-round victories. World number one and top seed Djokovic didn't let Philipp Kohlschreiber stand in the way of...

Marsh helps Australia to 282-7

2014-09-03 00:00:00

HARARE, Sept 2 (AFP): Mitchell Marsh hit a brutal unbeaten 86 as Australia posted 282 for seven in a crucial one-day triangular series game against South Africa in Harare Tuesday. Australia were battling to increase their scoring rate when Marsh...

Oldest former Test cricketer Gordon dies

2014-09-03 00:00:00

JOHANNESBURG, Sept 2 (AFP): South African Norman Gordon, who was the oldest former Test cricketer, died Tuesday aged 103 in Johannesburg. "Norman died peacefully this morning in the flat where he lived for 60 years," friend and former South Africa...

sports digest

2014-09-03 00:00:00

Berdych returns for Davis Cup clash with France PRAGUE, Sept 2 (AFP): World number seven Tomas Berdych returns to the Czech Republic's Davis Cup side to face France in this month's semi-finals after missing out on the quarter-final win against...

Photo: ROME: Argentine teen actress, dancer, singer, and model, Martina Stoessel

2014-09-03 00:00:00

Attack on journo protested

2014-09-03 00:00:00

The executive council of Jatiya Sangbadik Sangstha (JSS) Tuesday staged a human chain in front of the National Press Club (JPC) protesting assault by the police on Akhil Poddar, special correspondent of the private TV channel 'Ekushey Television,' reports BSS....

Online trading platforms grow fast to 2,000 for e-commerce

Shah Alam Nur | 2014-09-03 00:00:00

Online trading platforms have grown to more than 2,000 now to facilitate e-commerce as the concept of shopping without having to take the trouble of visiting a shop is getting popular fast in the country.          Sector-insiders say the concept of...

BoI, PC will be merged to create BIIDA

Faruque Ahmed | 2014-09-03 00:00:00

Bangladesh Investment and Industrial Development Authority (BIIDA) will replace the Board of Investment (BoI) and Privatisation Commission (PC) under a merger scheme now being worked out at the official level. Official sources confirmed the proposed name of the merged entity...

Air Arabia launches flights to Ctg

FE Report | 2014-09-03 00:00:00

Air Arabia, the largest no-frills carrier in the Middle East and North Africa, launched Tuesday new flights from Ras Al Khaimah in the UAE to Chittagong aiming to further strengthen its connectivity with a key growth market, the company said....

News Briefs

2014-09-03 00:00:00

Square Consumer Products turns Square Food & Beverage Square Consumer Products Limited, the manufacturer of trusted products across the country, will be operating as Square Food & Beverage Limited, said a statement. In this connection, a function was organised at...

Photo: Square Group

2014-09-03 00:00:00

Photo: President of the Bangladesh Seed Association M Anis Ud Dowla addressing

2014-09-03 00:00:00

Photo: Bangladesh Commerce Bank Limited

2014-09-03 00:00:00

Govt to resume cash incentives for white fish exports this fiscal year

Sonia H Moni | 2014-09-03 00:00:00

After one year of suspension, the government has decided to reintroduce cash incentives for white fish exporters in the current fiscal year to help facilitate exports, according to a finance ministry document. But the exporters will get a five per...

WB support sought for building deep-sea port

FE Report | 2014-09-03 00:00:00

The government sought support of the World Bank again for setting up a deep-sea port on Kutubdia Island in the Bay of Bengal to cope with Bangladesh's rising international trade, officials said. Planning Minister AHM Mustafa Kamal placed this plea...

Bashundhara Group, ICMAB sign MoU

FE Desk Report | 2014-09-03 00:00:00

Bashundhara Group and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) signed a memorandum of understanding (MoU) on technical and strategic cooperation in various fields. In this connection, Managing Director of Bashundhara Group Sayem Sobhan Anvir and President...

Donors to funnel aid into \\\'robust\\\' projects: Manju

FE Report | 2014-09-03 00:00:00

Environment and Forests Minister Anwar Hossain Manju said Bangladesh needs to make its stand stronger to secure foreign aid needed to tackle the menace of a changing climate. "Only seeking funds from foreigners won't do. Robust projects should be worked...

Rakub holds Town Hall meet of Pabna Zone

2014-09-03 00:00:00

A Town Hall Meeting of all officer and staff of Rajshahi Krishi Unnayan Bank (Rakub) Pabna Zone was held at Pabna recently, said a press release. Managing Director of the bank Md Mofazzal Husain addressed the meeting as the chief...

exchange rate

2014-09-03 00:00:00

Photo: Vice Chancellor of Buet Prof Dr SM Nazrul Islam laying the foundation stone

2014-09-03 00:00:00

Photo: Infrastructure Development Company Limited

2014-09-03 00:00:00

‘Abenomics’ feared in trouble as challenges build

2014-09-03 00:00:00

TOKYO, Sept 2 (Reuters) : Prime Minister Shinzo Abe's plan for Japan's economy to generate self-sustained growth on the back of his three policy "arrows" of massive monetary easing, spending and reform appears to be faltering - but no magic...

Dollar, euro surge against yen in Asian trading

2014-09-03 00:00:00

TOKYO, Sept 2 (AFP):  The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepared to meet, under pressure to launch more economic stimulus as the economy falters. In afternoon Tokyo trade the...

Swiss completes tax-dodge payments to Britain, Austria

2014-09-03 00:00:00

GENEVA, Sept 2 (AFP) :  Switzerland said Monday that it had completed a programme to pay Britain and Austria hundreds of millions of euros in settlements for past tax-dodging by their citizens. In a statement, the Swiss tax administration said...

Burger King has manoeuvered to cut US tax bill for years

2014-09-03 00:00:00

LONDON, Sept 2 (Reuters) :  Burger King may have taken a lot of flack in the past week for a deal that should curb its US tax bill but in many ways it is consistent with the burger chain's aggressive...

Dutch foreign minister tipped for EU commission job

2014-09-03 00:00:00

THE HAGUE, Sept 2  (AFP): Dutch Foreign Minister Frans Timmermans was in Brussels on Tuesday for talks with EU President Jean-Claude Juncker about becoming a commissioner in his new administration, Dutch media reported. Timmermans, from the centre-left PvdA party, is...

Photo: DÜSSELDORF, Germany : Visitors look at historical caravans at the expo

2014-09-03 00:00:00

Mixed reaction over charging of management fee by AMCs

Mohammad Mufazzal | 2014-09-03 00:00:00

Experts, asset management companies (AMCs), auditors and the securities regulator have expressed mixed opinion regarding charging of management fee of mutual funds (MFs) without performance or giving dividends to the unit- holders. Some of the AMCs said the management fee...

Stocks see rally on DSE

FE Report | 2014-09-03 00:00:00

Stocks witnessed sharp gain Tuesday with prime index of the Dhaka Stock Exchange (DSE) hitting four months high as investors went for buying spree on large cap stocks. The market started with an upward trend and the prime index of...