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WEATHER

2014-07-23 00:00:00

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

Sonali investments, deposits up in H1

FE Report | 2014-07-23 00:00:00

The state-owned commercial bank 'Sonali Bank Ltd' achieved a significant growth in areas including deposit collection and investments during the first half of the current calendar year (CY). According to the data, deposit collection and investments of the bank increased...

London to work with BD govt: Cameron

2014-07-23 00:00:00

LONDON, July 22 (BSS): The United Kingdom government pledged Tuesday to work together with the present Bangladesh government and said its (UK) assistance in Bangladesh would continue. "We would work together with the present Bangladesh government led by Prime Minister...

ADB to finance 1400MW power plant

FHM Humayan Kabir | 2014-07-23 00:00:00

The government moves ahead faster to set up a 1400-megawatt coal-fed power plant at Maheshkhali Island with the Asian Development Bank (ADB) extending its financial support, officials said Tuesday. Under the major power-sector project, they said, the Power Division had...

Challenge now on HC cause list

Mohammad Ali | 2014-07-23 00:00:00

The High Court (HC) is set to adjudicate shortly the legality of the much-talked-about income-tax provision that allows taxmen to be rewarded with part of the money that is realized from 'outstanding' tax, courts sources said. A company-and fiscal-law expert...

Three get jail term over drug scam that killed 76 children

2014-07-23 00:00:00

A Dhaka court Tuesday sentenced three officials of a pharmaceutical company to 10 years' rigorous imprisonment each in a case filed in connection with the death of 76 children by taking adulterated drugs 22 years ago, report agencies. The court...

Banking industry’s efficiency level falls

Siddique Islam | 2014-07-23 00:00:00

The overall efficiency ratings of the country's banking sector declined slightly last year due mainly to higher volumes of non-performing loans the banks were burdened with, officials said on the basis of latest evaluation. It was found out that the...

The magic of growth compounding

Sadiq Ahmed | 2014-07-23 00:00:00

In the early 1970s, Bangladesh, China, Malaysia and Korea were all low-income countries (based on the definition used by the World Bank).  Today after some 40 plus years South Korea has become a part of the global high income group...

Of poor road conditions and soured mood

Shamsul Huq Zahid | 2014-07-23 00:00:00

Eid means joy and celebration. Even the poorest of the poor Muslim tries with his/her very limited means to make the occasion joyous as far as possible. One of the key parts of the Eid celebration is family reunion which...

Irregularities rampant in non-member RMG units

Monira Munni | 2014-07-23 00:00:00

The extent of various irregularities, including non-payment of wage and non-compliance of the government-announced wage structure and other rightful benefits, is much higher in the apparel factories, especially those are not members of BGMEA and BKMEA, sources and officials said....

Jakarta governor wins Indonesian presidential race

2014-07-23 00:00:00

JAKARTA, July 22 (AFP): The reform-minded governor of teeming Jakarta, Joko Widodo, has comfortably won Indonesia's closely-fought presidential race against a controversial ex-general with deep roots in the era of strongman Suharto, final results showed Tuesday. Widodo, known by his...

Saif gets NCT deal renewed in single bid

Pankaj Dastider | 2014-07-23 00:00:00

CHITTAGONG, July 22: The Chittagong Port Authority has allowed private firm Saif Powertec to do cargo handling services at the New Mooring Container Terminal (NCT) for another year after its contract expired last month to run two berths. The company...

Common people deprived of benefits from advance ticket sale

Yasir Wardad | 2014-07-23 00:00:00

Common people are deprived of benefits from the ongoing advance ticket sale for different modes of transports in the city as influential quarters and the black marketeers have gobbled up major share of the tickets. Many of the home-goers were...

Photo: Relatives of Hasan Baker, a 60-year-old Palestinian

2014-07-23 00:00:00

Prayer Timings

2014-07-23 00:00:00

N\\\'ganj tragedy: 2 Rab men testify in court

2014-07-23 00:00:00

NARAYANGANJ, July 22:  Two Rapid Action Battalion (Rab) members, who were eyewitnesses to the gruesome seven murders, gave their deposition before a local court under Section 164 Tuesday. Senior Judicial Magistrate Monwara Begum recorded the statements of Rab men Abdus...

Banks open at customs stations on July 25, 26, 28

2014-07-23 00:00:00

Branches of different scheduled banks will remain open at customs stations in Dhaka, Chittagong and Benapol on July 25, 26 and 28 before Eid-ul-Fitr, said a Bangladesh Bank circular, issued Tuesday.     — UNB

Muggers loot Tk 926000 of \\\'bKash\\\' in Rangpur

2014-07-23 00:00:00

Armed muggers looted Tk 926,000 from two sales representatives of mobile phone-based money switch ‘bKash’ in Kaunia upazila on Tuesday. Witnesses said Moinul Hasan and Obaidullah went to Shahebganj Chatopool of Haragachh for supplying money to a ‘bKash’ agent in...

Asian shares extend gains on Wall St rally

2014-07-23 00:00:00

Asian markets rose on Wednesday, adding to the previous day’s rally, following a positive lead from Wall Street while concerns over the Ukraine air crash crisis ease. The euro was wallowing at multi-month lows against the dollar and yen as...

Cameron wishes to visit Bangladesh

2014-07-23 00:00:00

British Prime Minister David Cameron has assured her Bangladeshi counterpart Sheikh Hasina of continued support to her government. At a meeting with Hasina in his 10 Downing Street office in London, Cameron praised Bangladesh’s socioeconomic development and the development of...

Biman employees stage sit-in at Balaka Bhaban

2014-07-23 00:00:00

The employees of Biman Bangladesh Airlines started a sit-in programme in front of ‘Balaka Bhaban’, the Biman headquarters, at Kurmitola in the city on Wednesday morning to press home their 14-point-demand. Several hundred employees of the national airlines took position...

Teenage found dead in Sunamganj

2014-07-23 00:00:00

A teenage boy was found dead at Jagadishpur village in Jagannathpur upazila in Sunamganj on Tuesday evening. The deceased was identified as Afsar Miah, 11, a resident of the village. Police said local people spotted the body of Afsar in...

Drug peddler held with Phensidyl in Manikganj

2014-07-23 00:00:00

Police arrested an alleged female drug peddler in possession of 86 bottles of Indian Phensidyl syrup from Muljan area on the Dhaka-Aricha Highway in Manikganj Sadar Upazila on Tuesday afternoon. The arrestee was identified as Hajera Begum, 45, a resident...

UN peace chief Ladsous in city

2014-07-23 00:00:00

Under-secretary-general and head of the Department of Peacekeeping Operations (DPKO) of the United Nations Hervé Ladsous arrived in Dhaka on Tuesday night on a three-day official visit. Foreign Ministry Director General (Economic Affairs Wing) M Riaz Hamidullah received Ladsous at...

Get tough with private universities, watchdog tells minister

2014-07-23 00:00:00

A parliamentary panel has advised the education minister to act tough to ‘rein in’ the private universities. The Parliamentary Committee on the Ministry of Education also recommended increasing the vigil on the institutions ‘to combat irregularities and corruption’ there. The...

Rent is plus Tk 25,000? Pay thru\\\' banks

2014-07-23 00:00:00

House owners must collect rent above Tk 25,000 through banks from now on. The National Board of Revenue (NBR) issued a circular on Tuesday to the effect, outlining the steps a house owner will have to take to do so....

Bangladesh will progress: PM

2014-07-23 00:00:00

Prime Minister Sheikh Hasina says the party that failed to stop the last national elections is now trying to singe the country in frustration for its failure. ‘Bangladesh’s progress will continue. Bangladesh is moving forward and it will go much...

3 found dead on Habiganj rail track

2014-07-23 00:00:00

Police recovered the bodies of three people from railway tracks near Noapara Railway Station in Madhabpur Upazila in Habiganj on Wednesday morning. Of the deceased, two were identified as Shipon, 30, son of Raisullah, and Butna, 32, son of Nannu...

3 bikers die in Rangpur crash

2014-07-23 00:00:00

Three motorcyclists were killed as a truck crashed into the motorbike they were riding on the Rangpur-Bogra Highway in Mithapukur upazila in Rangpur on Tuesday night. The deceased, identified as Firoz, 22, son of Majnu Mia, Arafat Rahman, 20, son...

DSE down, CSE up at opening

2014-07-23 00:00:00

Dhaka Stock Exchange (DSE), the country’s premier bourse, witnessed downward trend while that of Chittagong Stock Exchange (CSE) showed gain in early hours of trading on Wednesday. The DSE’s benchmark index, DSEX, lost 3.52 points or 0.07 per cent to...