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WEATHER

2014-07-24 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty wind is likely to occur at many places over Dhaka, Khulna, Barisal and Chittagong divisions and at a few places over Rajshahi, Rangpur and Sylhet divisions today (Thursday). Moderately heavy...

Govt invites USTR chief to inspect BD\\\'s progress

Rezaul Karim | 2014-07-24 00:00:00

The government has invited Michael Froman, who holds the office of the United States Trade Representative (USTR), to see the progress Bangladesh's apparel industry has made in addressing the issues related with labour rights and worker safety. Officials said the...

CCCI chief urges law enforcers to be vigilant

Our Correspondent | 2014-07-24 00:00:00

CHITTAGONG, July 23: President of Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam has urged all concerned including the police administration to take necessary steps to control law and order situation and overall security measures on the occasion of...

Tight security in city for post-Eid days

FE Report | 2014-07-24 00:00:00

The police have taken foolproof security measures in the capital for the post-Eid days when the city wears almost a desolate look. The measures have been taken amid worries of businesses and city dwellers about security during the period, as...

Hundreds return empty-handed

Yasir Wardad | 2014-07-24 00:00:00

Hundreds of people returned empty-handed from the city's Kamalapur Railway Station (KRS) that witnessed a record crowd Wednesday in comparison with the rush of last three days for advance tickets. Officials said ticket aspirants showed much more eagerness to leave...

Cartel again ready to gobble up public fund

Kamrun Nahar | 2014-07-24 00:00:00

A section of printers in collaboration with a few textbook board high officials embezzle Tk 800 million every year by supplying low quality paper for the government's free textbook distribution programme, industry insiders have said. The same group is conspiring...

Photo: Prime Minister Sheikh Hasina met a delegation

2014-07-24 00:00:00

Bangladesh may join BRICS bank

FHM Humayan Kabir | 2014-07-24 00:00:00

Bangladesh is likely to join the US$50 billion development bank launched by the BRICS nations as the government is actively weighing the possibility of becoming a part of the new initiative, officials said Wednesday. The Ministry of Finance (MoF) officials...

BSEC detects insecure investment of MFs

Mohammad Mufazzal | 2014-07-24 00:00:00

Some mutual funds (MFs), allegedly, are making investments ignoring the restrictions set by the securities regulator, market insiders said. Such a practice is making their investments vulnerable, they said.   Among the fund managers, the LR Global Bangladesh Asset Management Company...

Will BoI-PC merger bring desired result?

Shahiduzzaman Khan | 2014-07-24 00:00:00

The merger of the Board of Investment (BoI) and the Privatisation Commission (PC) is reported to be at the final stage. The proposed merger of the two agencies, according to the government, will augur well for the country's fare investment...

Taiwan plane crashes: 47 die

2014-07-24 00:00:00

TAIPEI, July 23 (Reuters): A domestic TransAsia Airways plane crashed on landing on an island off the west coast of typhoon-hit Taiwan on Wednesday, killing 47 people, the Civil Aeronautics Administration said. The plane, a 70-seat turboprop ATR 72, crashed...

Alliance identifies 16 challenges for RMG sector reforms

Monira Munni | 2014-07-24 00:00:00

The Alliance has identified 16 major challenges for carrying out sustainable reforms in the country's readymade garment (RMG) industry. These include inadequate government capacity, unauthorised subcontracting business, limited presence and acceptance of trade unions and a lack of modern safety...

Indian group eager to set up power plant near proposed deep-sea port

Syful Islam | 2014-07-24 00:00:00

India's largest private power producer Adani Group has expressed its interest to establish a coal-fired power plant near the site of proposed deep sea port in Sonadia under Cox's Bazar district, sources said. A delegation of Adani Group, headed by...

RHD repairing highways on its own

Munima Sultana | 2014-07-24 00:00:00

The Roads and Highways Department (RHD) has taken initiatives to carry out highway maintenance work on an urgent basis on its own, following poor response from contractors in this regard. Officials said the RHD has already started some maintenance work,...

Photo: A Palestinian medic carrying a wounded girl

2014-07-24 00:00:00

Prayer Timings

2014-07-24 00:00:00

JSC tests start Nov 2

2014-07-24 00:00:00

The Junior School Certificate examinations will begin on November 2, Dhaka education board has announced. The board finalised the schedule for tests for the eighth graders Wednesday. The exams will end on November 18. All exams will be held from...

Biman employees stage sit-in at Balaka Bhaban

2014-07-24 00:00:00

The employees of national flag carrier Biman Bangladesh Airlines staged a sit-in programme in front of Biman headquarters at Balaka Bhaban in the city Wednesday morning to press home their 14-point demand. Several hundred employees of the national airlines took...

Tokyo stocks up

2014-07-24 00:00:00

Tokyo stocks edged up 0.11 per cent on Thursday morning, following a mixed performance on Wall Street and as a slightly weaker yen supported exporters. The benchmark Nikkei 225 index rose 16.36 points to 15,344.92 points by the break, while...

HK shares rise

2014-07-24 00:00:00

Hong Kong shares rose 0.45 per cent in the opening exchanges on Thursday, a third straight advance, as investors await the release of preliminary Chinese manufacturing data. The benchmark Hang Seng Index rose 108.74 points to 24,080.61 points, according to...

China shares advance

2014-07-24 00:00:00

Chinese stocks were slightly higher in morning trade on Thursday ahead of the release of July manufacturing data, dealers said. The benchmark Shanghai Composite Index rose 0.28 per cent, or 5.81 points, to 2,084.30 points. The Shenzhen Composite Index, which...

S&P 500 at new record on Apple earnings; Dow drops

2014-07-24 00:00:00

The S&P 500 on Wednesday closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks. The S&P 500 added 3.48 points (0.18 per cent) at 1,987.01, breaching a record set...

European stocks lifted by upbeat earnings

2014-07-24 00:00:00

European stock markets inched higher on Wednesday supported by upbeat earnings, as investors paused for breath after the previous day's strong gains amid ongoing concern about the fallout from Ukraine. Frankfurt's main DAX index gained 0.20 per cent compared with...

48 killed, 5 injured in Taiwan plane crash

2014-07-24 00:00:00

Taiwan's TransAsia Airways said on Thursday that 48 people were killed and 10 survived when one of its turboprop passenger planes crashed after an aborted landing during stormy weather. Flight GE222 was carrying 54 passengers and four crew members on...

Sydney close higher

2014-07-24 00:00:00

The prices of most of the shares in Australia’s capital markets witnessed positive trend on Thursday. Sydney stocks were 0.20 per cent higher at close of trade, according to AFP.

Hasina urges UK govt to set up lab for energy solution

2014-07-24 00:00:00

Prime Minister Sheikh Hasina has called upon the UK government to set up an international-standard testing laboratory in Bangladesh for energy solution. The Prime Minister made the request when UK Minister of State for International Development Desmond Swayne called on...

Seoul soars

2014-07-24 00:00:00

The prices of most of the shares in South Korea’s stock markets witnessed upward trend on Thursday. Seoul stocks were up 0.25 per cent at the end of the session, according to AFP.

Oil prices up in Asia

2014-07-24 00:00:00

Oil prices rose in Asia on Thursday after the United States reported a large decline in its crude inventories, indicating strong demand in the world’s biggest economy. US benchmark West Texas Intermediate for delivery in September was up two cents...

China manufacturing index jumps to 18 months high: HSBC

2014-07-24 00:00:00

A key measure of Chinese manufacturing activity hit an 18-month high in July, HSBC said on Thursday, in a further sign the world’s second-largest economy is gaining momentum on the back of Beijing’s mini-stimulus. The HSBC preliminary purchasing managers index...

Khalaf murder: SC grants leave to appeal against HC verdict

2014-07-24 00:00:00

The Supreme Court on Wednesday granted leave-to-appeal filed by the state seeking to nullify a High Court verdict that had sentenced death penalty to one and life imprisonment to 3 others in the sensational Saudi Embassy official Khalaf Al Ali...