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Australian minister criticised over tax haven investment

2014-07-06 00:00:00

SYDNEY, July 5 (Xinhua): Australia's Communications Minister Malcolm Turnbull has come under fire after investing 1 million Australian dollars (US$940,000) in a hedge fund based in the tax haven Cayman Islands, local media reported Friday. Financial transparency campaigners told the...

India\\\'s June coal imports highest in 2014 as prices fall

2014-07-06 00:00:00

NEW DELHI, July 5 (Reuters): India's import of coal and coke rose 12 per cent to 18.5 million tonnes in June from a year earlier, according to provisional data from market operator mjunction, indicating weak prices continue to attract buyers...

Spanish govt passes new measures on trade issues

2014-07-06 00:00:00

MADRID, July 5 (Xinhua): The Spanish government passed on Friday new measures to enhance market unity in Spain. These new measures were announced at the press conference following the cabinet meeting. The government said that now it would be easier...

Anti-poaching experts gather amid warnings super-rich drive illegal trade

2014-07-06 00:00:00

GENEVA, July 5 (AFP) :  Hundreds of experts will gather in Geneva next week to discuss a "disturbing upswing" in the illegal wildlife trade, driven increasingly by ostentatious displays of wealth by the super-rich. "We're seeing a shift from health...

Sri Lanka central bank sees no overheating despite lower rates

2014-07-06 00:00:00

COLOMBO, July 5 (Reuters): Sri Lanka's economy can achieve its growth target this year without risk of overheating, central bank governor Ajith Nivard Cabraal said on Friday, despite interest rates at multi-year lows. The central bank has been maintaining low...

Thailand\\\'s state-run PTT appoints new chairman

2014-07-06 00:00:00

BANGKOK, July 5 (Reuters): Thailand's largest energy firm PTT Pcl appointed a new chairman on Friday as part of the military government's attempts to reshuffle the company and reform the country's state enterprise system. Piyasvasti Amranand, a former energy minister,...

Photo: Jamuna Bank Foundation

2014-07-06 00:00:00

Cabinet body okays provision for ‘unsolicited PPP proposal’

2014-07-06 00:00:00

Cabinet Economic Affair Committee on Sunday gave its approval in principle to a new provision for entertaining unsolicited offer from the private sector to implement different projects under public-private partnership (PPP). A meeting of the committee, with Finance Minister AMA...

Photo: Workers producing puffed rice at Kamrangirchar

2014-07-06 00:00:00

Govt-appointed RMG factory inspection yet to resume

Monira Munni | 2014-07-06 00:00:00

The government-initiated readymade garment (RMG) factory assessment programme is yet to resume even after six months have passed. Sources have attributed this to delay in completing the first-phase inspection reports, ending disputes between the local and foreign experts over inspection...

China to strengthen delisting rules to improve health of stock market

2014-07-06 00:00:00

SHANGHAI, July 5 (Reuters): China has issued a draft of new rules to get loss-making companies or those in violation of regulatory practices to delist, in its latest move to improve stock market conditions. The China Securities Regulatory Commission (CSRC)...

Coca-Cola to increase investment in Bangladesh CSR

Mohammad Ali | 2014-07-06 00:00:00

Global soft drink giant Coca-Cola has pledged to increase its investment in the corporate social responsibility (CSR) programme as much as its business grows in Bangladesh. "Our business is small here. We will be growing bigger. With the growing of...

Prospect of IT ethos beckons

2014-07-06 00:00:00

The graduate youngsters of different public and private universities selected for developing as future IT leaders have vowed to become entrepreneurs to run businesses of their own and make their contribution to the booming country's IT sector, reports BSS. A...

Rice sale under OMS begins in districts from October

FE Report | 2014-07-06 00:00:00

The Ministry of Food (MoF) will restart selling rice under open market sale (OMS) programme at the district level from October next. The programme was suspended since May last following the start of ongoing Boro procurement drive across the country,...

Hong Kong hires banks for first Islamic bond: IFR

2014-07-06 00:00:00

HONG KONG, July 5 (Reuters): Hong Kong has mandated HSBC , Standard Chartered, CIMB Group Holdings and National Bank of Abu Dhabi to arrange its first Islamic bond issue, IFR reported on Friday. The Hong Kong Monetary Authority is handling...

IPO Diary

2014-07-06 00:00:00

Photo: Md. Sabur Khan, Chairman, Daffodil Group and Daffodil International University

2014-07-06 00:00:00

Shakib likely to face disciplinary action

2014-07-06 00:00:00

Bangladeshi all-rounder Shakib Al Hasan may face disciplinary action for threatening to quit Test and ODI cricket for Bangladesh and leaving to play in the CPL without permission, reports UNB. Former national skipper Shakib Al Hasan reportedly made the threat...

FIFA analysing Neymar injury incident

2014-07-06 00:00:00

RIO DE JANEIRO, July 5 (AFP): FIFA's disciplinary committee could take action against Colombia's Juan Zuniga for the World Cup quarter final challenge that left Brazilian superstar Neymar with a fractured vertebrae, a spokeswoman said Saturday. "The FIFA Disciplinary Committee...

Sheikh Jamal, Mohammedan match ends in 1-1 draw

2014-07-06 00:00:00

Sheikh Jamal Dhanmondi Club split points with Mohammedan Sporting Club Limited in the Nitol-Tata Bangladesh Premier Football League held at the Bangabandhu National Stadium Saturday, reports BSS. In the day's match, Sabuj put Mohammedan Sporting Club ahead in the 23rd...

India\\\'s attack key to England Series: Dravid

2014-07-06 00:00:00

LONDON, July 5 (AFP): India's largely unproven attack will decide if the tourists win their forthcoming Test series in England, according to former captain Rahul Dravid. Next week sees England and India begin a five-match campaign at Nottingham's Trent Bridge...

Ziaur beats Quintin in first round

2014-07-06 00:00:00

Bangladesh's Grandmaster Ziaur Rahman beat FIDE master Quintin Navarro Alberto of Spain in the first round match of the 34th Open International Villa De Benasque in Spain on Friday, reports UNB. In all, 413 players, including 32 Grandmasters from 38...

Germany\\\'s Hummels dreams of WC final

2014-07-06 00:00:00

RIO DE JANEIRO, July 5 (AFP): Match-winner Mats Hummels hopes Germany will return to Rio de Janeiro for the World Cup final after his header sealed their 1-0 win over France in Friday's quarter-final. The 25-year-old put Germany into the...

Rest of the World 293-7 against MCC

2014-07-06 00:00:00

LONDON, July 5 (AFP): The Rest of the World scored 293 for seven in their full 50 overs against MCC in the Lord's bicentenary one-day match on Saturday. India's Yuvraj Singh top-scored with 132 after the Rest of the World...

sports digest

2014-07-06 00:00:00

FIFA to consider fourth sub in extra time for 2018 WC RIO DE JANEIRO, July 5: With eight matches remaining in the 2014 World Cup, we've already seen a record number of goals scored by substitutes. There have been a...

Photo: LEEDS: Britain\\\'s Prince William, Duke of Cambridge (left),

2014-07-06 00:00:00

Injured Neymar ruled out of WC

2014-07-06 00:00:00

Brazil forward Neymar has been ruled out of the World Cup after fracturing his vertebrae in the closing stages of the2-1 quarter-final win over Colombia. "It's not serious in the sense that it doesn't need surgery, but he'll need to...

Hosts show Colombians the door

2014-07-06 00:00:00

FORTALEZA, July 5 (AFP): David Luiz smashed a 30-metre free kick to give Brazil a 2-1 victory over Colombia in Fortaleza on Friday and set up a World Cup semi-final clash against Germany. Colombia's James Rodriguez scored a consolation goal...

Hope fades in Brazil for a WC economic boost

2014-07-06 00:00:00

For many Brazilians, the Brazil World Cup has become a symbol of the unfulfilled promise of an economic boom for this South American nation. But the boom has fizzled. And now the World Cup's $11.5 billion price tag-the most expensive...

Some interesting facts about FIFA World Cup

2014-07-06 00:00:00

Following are some interesting facts about FIFA World Cup. 1. Oliver Kahn is the only goalkeeper in the history of FIFA to have won the Golden Ball trophy. 2. The record number of World Cup career goals is 15 by...