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Fresh US military intervention in Iraq: Where it leads to?

Zaglul Ahmed Chowdhury | 2014-08-10 00:00:00

In a stark reversal of his fundamental foreign policy, United States President Barack Obama has involved afresh his country militarily in Iraq from where he had withdrawn American troops three years ago. Obama's predecessor, Republican George W. Bush, had sent...

Buyers remain wary of tensions in RMG sector

FE Report | 2014-08-10 00:00:00

Leading buyers of readymade garments (RMG) were wary of the situation in the RMG sector as the tensions rose over the Tuba workers' payments. "Labour unrest at several garment units including those of Tuba Group is giving a bad message...

Importers, freight forwarders at loggerheads over DSC

Pankaj Dastider | 2014-08-10 00:00:00

CHITTAGONG, Aug 9: Importers, particularly in the readymade garment (RMG) sector, are incurring immense financial loss everyday on account of destination service charges (DSC) realised by freight forwarders (FF) for what they say faulty procedure of submitting import general manifest...

Salvage ship detects metal object: Death toll hits 42

2014-08-10 00:00:00

MUNSHIGANJ, Aug 9 (Agencies): Salvage ship Kandari-2 detected a metal object, presumably a wreckage of the sunken launch Pinak-6 on Monday, six days after the launch capsized with 250 passengers on board. Search workers are saying the length of the...

Tripura CM urges Modi to bolster Indo-Bangla ties

2014-08-10 00:00:00

Chief Minister of Indian state of Tripura, Manik Sarkar, during his maiden meeting with Prime Minister Narenda Modi in New Delhi on Friday stressed the need for further improvement of relations with neighbours, especially Bangladesh, for economic development of the...

All-out efforts needed to ensure food security

2014-08-09 00:00:00

The appeal of 12 rights-based organisations to the government for price support to agriculture, building food stocks and ensuring subsidised prices of farm inputs deserves immediate attention. In a news conference in Dhaka early this week, they also pleaded for...

Keeping highways, roads in good shape

Rahman Jahangir | 2014-08-09 00:00:00

The communications minister the other day found the south-eastern port city of Chittagong - the commercial capital of Bangladesh - unliveable as he saw in his own eyes the deplorable condition of roads and other utilities there. Last year too,...

In a city of inadequate public transports

Ahmed Shamim Ansary (Sumon) | 2014-08-09 00:00:00

Most of the commuters in Dhaka face an acute shortage of public transports. The commuters, mainly office-goers having no staff buses of their own, are the worst sufferers, when they head for office in the morning. After the office hours...

On Dhaka traffic jam

2014-08-09 00:00:00

A write-up on the above subject published in the Financial Express on August 2 last should be seriously considered by our relevant authorities. What the writer wrote about Seoul is also practised in Bangkok where traffic is also quite heavy....

Leguna drivers are threat to road safety

2014-08-09 00:00:00

Much has been talked about bus drivers and truck drivers but not enough about leguna drivers who are not any less dangerous or reckless. Compared to drivers of other motorised vehicles, leguna drivers tend to be much younger, more reckless...

Ever-growing power demand

2014-08-09 00:00:00

It is good to know that many foreign entrepreneurs are keen to invest in the energy sector in Bangladesh. Gradually our economy is emerging and soon it will be bigger and for that we need to increase our capacity to...

India win series beating BD in 2nd match

2014-08-09 00:00:00

Visiting Indian Hockey team won the three-match friendly series 2-0 with a match to spare beating Bangladesh by 5-1 goal in the 2nd game at the Bangladesh Krira Shikkha Pratishthan (BKSP) ground in Savar Friday, reports UNB. Earlier, on Wednesday's...

Sangakkara, Jayawardene flay Pakistan in rain-hit Test

2014-08-09 00:00:00

GALLE, Aug 8 (AFP): Kumar Sangakkara rose to fourth place in the list of century-makers as he and the retiring Mahela Jayawardene plundered Pakistan's bowlers on the rain-hit third day of the first Test in Galle Friday. The hosts, who...

SA pledge no mercy on struggling Zimbabwe

2014-08-09 00:00:00

HARARE, Aug 8 (AFP): Freshly re-installed as the top-ranked Test team in the world, South Africa appear disinclined to take any mercy on their struggling neighbours Zimbabwe when the two teams engage in a rare Test starting Saturday. Given Zimbabwe's...

David Luiz focused on PSG future after WC trauma

2014-08-09 00:00:00

PARIS, Aug 8 (AFP): Brazil defender David Luiz insisted he was over his World Cup heartbreak as he was unveiled as a new Paris Saint-Germain player at a plush hotel in the French capital Thursday. "The days immediately after were...

Kumar leads India\\\'s fourth Test revival

2014-08-09 00:00:00

MANCHESTER, Aug 8 (AFP): Bhuvneshwar Kumar bowled India back into the fourth Test as England took their turn to struggle with the bat at Old Trafford Friday. England were 201 for six at lunch on the second day, a lead...

Serena advances at Montreal tennis

2014-08-09 00:00:00

MONTREAL, Aug 8 (AFP): Top seed Serena Williams avoided the upset bug at the WTA hardcourt tournament at Montreal Thursday, defeating Lucie Safarova 7-5, 6-4 to reach the quarter-finals. Williams fired 11 aces and won 76 percent of her first...

Liverpool\\\'s Reina joins Bayern

2014-08-09 00:00:00

BERLIN, Aug 8 (AFP): Liverpool's Spanish international goalkeeper Pepe Reina has joined Bayern Munich on a three-year deal, the Bundesliga champions announced Friday. The 31-year-old spent last season on loan from the English Premier League runners-up with Serie A side...

Gal seizes early lead, Wie pulls out

2014-08-09 00:00:00

BALTIMORE, Aug 8 (AFP): Sandra Gal shot a six-under-par 65 Thursday to grab a one-shot lead after the opening round of the inaugural LPGA Tour's Meijer Classic. Gal, who has missed the cut in three of her last four starts,...

sports digest

2014-08-09 00:00:00

Wimbledon champ Kvitova toppled at Montreal MONTREAL, Aug 8: Petra Kvitova's first tournament since her Wimbledon triumph came to an abrupt end Thursday as she was bundled out of the WTA hardcourt tournament at Montreal by Ekaterina Makarova. Russia's Makarova,...

Toll collection: User-sponsored fund for road maintenance

Karar Mahmudul Hassan | 2014-08-09 00:00:00

The Cabinet at its March 24, 2014 meeting unanimously approved the 'Toll Policy 2014' and decided to collect toll, in phases,  from all vehicles which include trucks, buses, lorries and bicycle-rickshaws using national, regional and inter-district highways. The money thus...

Large cap stocks lift mkt for 3rd week straight

Babul Barman | 2014-08-09 00:00:00

Stocks extended gaining streak for the three weeks in a row with significant improvement in turnover, as investors snapped up large cap stocks. Analysts said that the buying spree was spurred mainly by banks' deposit interest rate cut and lucrative...

Infrastructure Development Company Limited

2014-08-09 00:00:00

Local currency appreciates further against dollar

2014-08-09 00:00:00

The local currency appreciated further more against the greenback during the week of August 3 to August 7 last and was traded around 77.48 levels. With the event of huge inward remittances ahead of Eid, the market was eased off....

Al-Arafah Islami Bank Limited

2014-08-09 00:00:00

Tokyo\\\'s Nikkei index drops more than 3.0pc on Iraq concerns

2014-08-09 00:00:00

TOKYO, Aug 08 (AFP): Tokyo stocks dropped more than 3.0 per cent Friday morning as investors reacted to US President Barack Obama saying he had authorised air strikes on Iraq. The Nikkei 225 index lost as much as 3.14 per...

Sonali Bank Limited

2014-08-09 00:00:00

Indian shares mark second consecutive weekly fall on geopolitical concerns

2014-08-09 00:00:00

MUMBAI, Aug 8 (Reuters): Indian shares fell 1 per cent on Friday, to mark their third consecutive session of declines, as blue-chips such as Larsen & Toubro slumped on global risk aversion after US President Barack Obama authorised targeted air...

Handloom industry in dire straits for lack of govt\\\'s policy support

Badrul Ahsan | 2014-08-09 00:00:00

Thousands of handloom factories in the country have been closed down in the last couple of years and many others are facing the same fate mainly for want of government's policy support, industry insiders said. They said around 0.2 million...

BJMC seeks Tk 5.0b for purchase to feed mills

Rezaul Karim | 2014-08-09 00:00:00

Bangladesh Jute Mills Corporation (BJMC) has sought Tk 5.0 billion in financial assistance from the government to help it procure raw jute urgently, officials have said, as the prime time of the cash crop has now set in. The state...