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Political uncertainty looms

2014-08-04 00:00:00

The ruling party is reluctant to sit for a dialogue with the BNP for a fresh new participatory election in the country. Upon her return from London where she attended the 'Girl Summit' and met British Prime  Minister David Cameron,...

Thailand eyes Bangladeshi labour for fishing industry

2014-08-04 00:00:00

While bidding farewell to the Bangladesh Ambassador to Thailand Kazi Imtiaz Hossain, the permanent secretary for labour of Thailand Jeersak Sukhonthachart informed that the Labour Ministry of Thailand is ready to import Bangladeshi labourers to work in the fishing industry...

Brazil offers training for Bangladesh football coaches

2014-08-04 00:00:00

Brazil, the five times winner of the FIFA World Cup, has offered to train Bangladeshi football coaches in Brazil to help improve the standard of Bangladesh football, reports UNB. "We're very glad to offer training for your (BD) coaches in...

Bolt charms as Jamaica, Kenya dominate

2014-08-04 00:00:00

GLASGOW, Aug 3 (AFP): Although only racing in the programme-ending 4x100m relay, the larger-than-life presence of Usain Bolt dominated track and field at the Commonwealth Games, hit by the absence of several other big names. The Games had got off...

S’pore take six out of seven table tennis golds

2014-08-04 00:00:00

GLASGOW, Aug 3 (AFP): Singapore finished the Commonwealth Games with six table tennis golds out of a possible seven after Zhan Jian won the men's singles and Feng Tianwei secured her third gold of the Games with Yu Mengyu in...

Women\\\'s preliminary squad named for Asian Games

2014-08-04 00:00:00

Bangladesh Cricket Board (BCB) Sunday announced a 20-member women's preliminary squad for the ensuing 17th Asian Games to be held in the South Korean city of Incheon and adjoining areas, reports UNB. The qualifying training camp of the preliminary team...

Thousands evacuated over flood fears in Bihar

2014-08-04 00:00:00

Authorities in India have evacuated 60,000 people in the northern state of Bihar amid fears of flash floods from Nepal, officials say. Water levels in the Kosi river, which begins in Nepal, have risen steeply. A landslide there Saturday killed...

Glasgow organisers hail \\\'stand-out\\\' Friendly Games

2014-08-04 00:00:00

GLASGOW, Aug 3 (AFP): The Commonwealth Games in Glasgow were hailed Sunday as a "stand-out" event by organisers who insisted the movement, comprising largely former British colonies, was well and truly alive. A combination of the high quality of sports...

Raonic, Pospisil book first all-Canada ATP final

2014-08-04 00:00:00

WASHINGTON, Aug 3 (AFP): Milos Raonic, coming off his first Grand Slam semi-final at Wimbledon, and double-duty winner Vasek Pospisil will meet Sunday in the ATP's first-ever all-Canadian final at the Washington Open. Seventh-ranked Raonic, seeking his sixth career title...

Serena storms past Petkovic into Stanford final

2014-08-04 00:00:00

STANFORD, United States, Aug 3 (AFP): Serena Williams stormed into the final of the WTA hardcourt tournament at Stanford Saturday, winning the last eight games of a 7-5, 6-0 victory over Andrea Petkovic. The world number one and top seed,...

sports digest

2014-08-04 00:00:00

Indian officials reportedly arrested for assault NEW DELHI, Aug 3: Scottish police have arrested two Indian officials who were in Glasgow for the Commonwealth Games for alleged assault, according to Indian media reports Sunday. Indian Olympic Association (IOA) secretary general...

Chuadanga diarrhoea ‘alarming’

2014-08-04 00:00:00

The diarrhoea outbreak in Chuadanga has assumed alarming proportions over the past four days with more than 500 patients being admitted to the District Sadar Hospital till Monday afternoon. Residents of Masjidpara, Majherpara, Baganpara, Djintalapara and Islampara said they have...

Demand for fertiliser set at 5.03m tonnes in FY\\\'15

Yasir Wardad | 2014-08-04 00:00:00

The government has estimated a demand of 5.03 million tonnes of chemical fertiliser for cultivation purpose in the current fiscal year (2014-15) against the current reserve of 1.33 million tonnes, officials said. The current fiscal's reserve of urea is 0.897...

Walton gets Brand Excellence award for gaining customers\\\' confidence

2014-08-04 00:00:00

Walton, the country's leading electric, electronics, automobile and home appliance manufacturing and marketing company, has been awarded the 'Brand Excellence' award for gaining customers' confidence, reports UNB. World Brand Congress, who researched over worldwide brands, selected Walton for 23rd global...

China police detain six in tainted meat scandal

2014-08-04 00:00:00

BEIJING Aug 3 (Reuters) :  Police in China have detained six executives of a meat supply company at the centre of the latest food safety scare to hit the country, state media reported on Sunday. Shanghai's chief of police and...

GM looks for alternative supplies in China after deadly factory blast

2014-08-04 00:00:00

BEIJING, Aug 3 (Reuters) :  General Motors said on Sunday that it had asked its main Chinese supplier to find an alternative source of components after an explosion ripped through a factory a day earlier killing at least 69 people....

Morgan Stanley lends to Lotto winner to boost tailored loans

2014-08-04 00:00:00

NEW YORK, Aug 3 (Reuters) :  Early this year, a New York State Lottery winner in Brooklyn approached Morgan Stanley with a problem: he needed to borrow hundreds of thousands of dollars before he collected his prize money. The man,...

Conspiracy against country still on: PM

2014-08-04 00:00:00

Alleging that a deep-rooted conspiracy by influential quarters is still going on against Bangladesh, Prime Minister (PM) Sheikh Hasina said on Sunday she will work tirelessly for the country's people as she is not afraid of bullets, bombs and minus-two...

DSE turnover crosses Tk 4.0 billion-mark

FE Report | 2014-08-04 00:00:00

Stocks closed flat in the red Sunday amid choppy trading with turnover crossing Tk 4.0 billion-mark as investors re-balanced their portfolio, the first trading day after Eid vacation. The market started with a high volatility, but later the investors' took...

Two probe bodies formed

FE Report | 2014-08-04 00:00:00

The securities regulator has formed two separate probe bodies to look into the unusual price hikes of two newly listed companies, officials said. The companies whose unusual price hikes will be investigated are Far Chemical Industries Limited (FCIL) and Shahjibazar...

Chief of Indian bank held over bribery allegations

2014-08-04 00:00:00

NEW DELHI, Aug 03, 2014 (AFP) : Indian police have arrested the chairman of the state-run Syndicate Bank over allegations he took bribes in exchange for loan extensions to private companies, a law enforcement official said Sunday. The Central Bureau...

News Briefs

2014-08-04 00:00:00

BRAC Bank wins award' from CMO Asia BRAC Bank has been awarded with 'Sustainable Marketing Excellence Award' from CMO Asia. The award is as part of Global Brand Excellence Awards of CMO Asia, the most prestigious brands award in Asia....

Photo: Bangladesh Bank Governor Atiur Rahman

2014-08-04 00:00:00

Photo:Bank Asia

2014-08-04 00:00:00

BTRC will conduct study soon to know actual volume of illegal VoIP calls

Khairul Islam | 2014-08-04 00:00:00

The telecom regulator is going to conduct a comprehensive study soon to find out the actual size of illegal VoIP (voice over internet protocol) call termination in the country, sources said. The decision was taken recently following the recommendations made...

Top 9 Indian cos lose Rs 741.93b from market valuation

2014-08-04 00:00:00

NEW DELHI, Aug 3 (PTI): In-line with a weak stock market, nine of the top-10 most valued Indian companies together lost Rs 741.93 billion from their market valuation last week. Barring ICICI Bank, rest nine companies, including TCS, ONGC, RIL,...

Share price of Malaysia\\\'s glove firms soars

2014-08-04 00:00:00

PETALING JAYA, Aug 3 (Reuters): Shares in glove-making firms of Bursa Malaysia soared against a weaker market as Sierra Leone declared an emergency on the outbreak of the Ebola virus in West Africa. At the close on Saturday, Supermax was...

Damac looks to list shares on Dubai bourse

2014-08-04 00:00:00

DUBAI, Aug 3 (Reuters): Dubai luxury property developer Damac is offering investors the option of converting its global depositary receipts (GDRs), listed on the London bourse, into ordinary shares that would be listed on Dubai's main stock market. Investors would...

RBI\\\'s bond auction devolves partially

2014-08-04 00:00:00

MUMBAI, Aug 3 (Business Standard): The Reserve Bank of India's (RBI) government bond auction worth Rs 140 billion devolved partially on last Friday to the tune of Rs 34.45 billion. This means the primary dealers, who buy from the government...

Gulf IPOs dominate ME market during Q2

2014-08-04 00:00:00

DUBAI, Aug 3 (Arabian Business.com): The initial public offering (IPO) market in the Middle East and North Africa continued its recovery to end the first half of the year strongly, according to Ernst & Young. Its MENA IPO Update Q2...