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Australia-Bangladesh trade grows

2014-07-17 00:00:00

Australia Bangladesh Chamber of Commerce and Industry has launched a membership drive, inspired by the growing 2-way trade within a decade of its formation. Together with the Australian High Commission (HC) in Dhaka, it has invited applications for membership from...

Chandpur market fire guts 24 shops, injures 10

2014-07-17 00:00:00

At least 24 shops were gutted by a fire that broke out at a market at Faridganj Upazila in Chandpur district on Wednesday. Ten people were injured in the fire. Fire service officials said the fire originated from an electric...

1 killed in road crash

2014-07-17 00:00:00

A woman was killed and two others were injured in separate road accidents in Shibganj Upazila of Chapainawabganj district on Thursday morning. Sub-inspector Abul Kamal Azad of Shibganj Police Station said an old woman named Saleha Begum, 65, wife of...

Japan\\\'s KDDI, Sumitomo eye $2.0b Myanmar telecom deal

2014-07-17 00:00:00

Japanese mobile carrier KDDI said on Thursday that it planned to link up with trading house Sumitomo in deal to invest about $2.0 billion in developing wireless networks in Myanmar, as the country opens up after years of military rule....

Night watchman hacked dead in B\\\'baria

2014-07-17 00:00:00

A security guard on duty at night was hacked to death by some miscreants at Amtoli Bazar at Brahmanbaria sadar upazila on Thursday. The deceased was identified as Joynal Miah, 55, son of Lail Miah, a resident of Rajghor village...

Nepali student drowns in Kishoreganj lake

2014-07-17 00:00:00

A Nepali student drowned in a lake at Zahurul Islam Medical College at Bajitpur Upazila in Kishoreganj district on Thursday. The dead is Rajon Para Juli, 25, a Nepali national and a fifth year student of MBBS of the college...

Verdict in adulterated drugs deferred

2014-07-17 00:00:00

A Dhaka court has deferred its verdict in a case against pharmaceutical company Adflame for manufacturing adulterated drugs. This was done because the two accused were absent in court. The Drug Court on Thursday set July 22 as a new...

DB seek 10-day remand for Mirpur SI on charge of homicide

2014-07-17 00:00:00

Police on Thursday sought a 10-day remand for interrogating Jahidur Rahman, former sub-inspector (SI) of Mipur Police Station, in connection with the custodial death of a man. Detective Branch (DB) Inspector Nibaron Chandra Barman produced SI Jahid and his source...

Stocks close flat amid choppy trading

FE Online Report | 2014-07-17 00:00:00

Stocks ended flat on Thursday amid choppy trading throughout the session as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSEX) ended at 4,392.15 points, gaining only 2.79 points or 0.06 per cent from previous...

BD, Bhutan ink MoU on anti-money laundering

2014-07-17 00:00:00

An MoU was signed between Bangladesh Financial Intelligence Unit (BFIU) and the Financial Intelligence Unit of Bhutan to exchange information relating to money laundering and terrorist financing Wednesday in Macau.  Both the countries can take action more actively and effectively...

Dhaka, Thimphu sign MoU to curb money laundering, terrorist financing

2014-07-17 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) and the Royal Monetary Authority of Bhutan on Thursday signed a memorandum of understanding (MoU) to exchange information relating to money laundering and terrorist financing. Mahfuzur Rahman, Deputy Head, Bangladesh Financial Intelligence Unit and Executive...

Half-yrly confce of Jamuna Bank held

2014-07-17 00:00:00

The Half-yearly Business Conference, Chittagong Zone of  Jamuna Bank Limited (JBL)  was held at Hotel Silver Spoon, Chittagong recently. Shafiqul Alam, Managing Director & CEO of  JBL inaugurated the conference as the chief guest. Mosleh Uddin Ahmed, Deputy Managing Director...

PM reiterates to decentralise power

2014-07-17 00:00:00

Prime Minister Sheikh Hasina has reiterated her firm commitment to decentralise power for empowerment and more participation of the people in running state and the national development activities. ‘We believe that the local government will have to be strengthened further...

BRICS bank not against IMF: Brazilian president

2014-07-17 00:00:00

The new development bank set up by the emerging-market bloc of BRICS (Brazil, Russia, India, China and South America) is not going against the existing western-backed International Monetary Fund (IMF), said Brazilian President Dilma Rousseff. Rousseff tried to douse off...

Militants killed after attack on Kabul airport

2014-07-17 00:00:00

Militants armed with rocket-propelled grenades attacked Kabul International Airport in the Afghan capital on Thursday in one of the most audacious assaults on the facility, used by both civilians and the military, in a year. The attack on the airport...

Detained Mirpur SI Jahid put on 5-day remand

2014-07-17 00:00:00

A Dhaka court on Thursday granted a 5-day remand for detained sub-inspector (SI) Jahidur Rahman of Mipur Police Station and his source Nasim Seikh each in connection with the custodial death of a man. Metropolitan magistrate Md Mahbubur Rahman passed...

MTB bravery award for late Liacot Ali

2014-07-17 00:00:00

Poultry worker killed in Gazipur

2014-07-17 00:00:00

Police recovered hanging body of a worker from a poultry farm at Sreepur upazila in Gazipur district on Wednesday afternoon. The dead is Shimul Miah, 28, son of Abdul Matin, a resident of Rasulpur village of Gafargaon upazila of Mymensingh...

MTB bravery award for late Liacot Ali

2014-07-17 00:00:00

Mutual Trust Bank Ltd. (MTB) has taken responsibility for bearing all educational expenses up to HSC level for the two sons of late Liacot Ali, who lost his life while trying to save a young lady attacked by miscreants in...

ICT-2 defers hearing of Subhan\\\'s trial till July 20

2014-07-17 00:00:00

The International Crimes Tribunal (ICT)-2 on Thursday adjourned the hearing of the trial of Jamaat-e-Islami leader Mawlana Abdus Subhan till July 20. The second tribunal set the date accepting a time plea from the prosecution. Today was fixed for cross-examination...

Saida Muna made BD envoy to Thailand

2014-07-17 00:00:00

The government on Thursday appointed Saida Muna Tasneem, currently serving as Director General at the Ministry of Foreign Affairs, as the new Ambassador of Bangladesh to the Kingdom of Thailand. In her diplomatic career, Saida Muna Tasneem served in Bangladesh...

New sanctions cause Russian shares and ruble to tumble

2014-07-17 00:00:00

The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the ruble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The ruble-traded MICEX stock market dropped 2.5 per cent...

Asian shares mixed after Wall St rally

2014-07-17 00:00:00

Asian shares were mixed Thursday after the Dow on Wall Street ticked up another record high in response to strong earnings and a positive outlook on the US economy by the Federal Reserve. An early rally in response to the...

Microsoft expected to announce thousands of job cuts on Thursday

2014-07-17 00:00:00

Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly...

GM recalls some cars with problematic switches

2014-07-17 00:00:00

General Motors Co last month recalled millions of vehicles with three different designs of ignition switches that could accidentally turn off the engine and disable air bags in a crash. But the automaker has concluded that more than 2 million...

Nikkei edges down in choppy trade

2014-07-17 00:00:00

Japan's Nikkei share average edged down on Thursday, giving up earlier gains after a slightly strengthening yen soured risk appetites, but losses were limited as M&A activity in the US improved the mood. The Nikkei ended 0.1 per cent lower...

CANADA STOCKS-Futures indicate lower open

2014-07-17 00:00:00

Canadian stocks looked set to open lower on Thursday as the United States imposed its toughest sanctions yet on Russia, weighing on global risk sentiment. June futures on the S&P TSX index were down 0.23 per cent at 0715 ET....

Nigeria leader wants $1 bln loan to help fight Boko Haram

2014-07-17 00:00:00

Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security threat posed by the Islamist insurgent group Boko Haram. Jonathan, facing intense criticism at home...

Cricket-Duminy takes South Africa past 400 in Galle

2014-07-17 00:00:00

JP Duminy hit a sedate half-century to take South Africa past the 400-run mark by tea on the second day of the first test against Sri Lanka on Thursday. Duminy was unbeaten on 72, scored off 154 balls with seven...

Khaleda flies to S Arabia Saturday

2014-07-17 00:00:00

BNP chairperson Khaleda Zia goes to Saudi Arabia on Saturday to perform Umrah at the invitation of the Saudi government. The BNP chief is scheduled to fly from Hazrat Shahjalal International Airport in a flight of Emirates Airlines on Saturday...