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2014-07-03 00:00:00

Bill Gates  wealthiest in US   NEW YORK, July 2: Microsoft founder Bill Gates is the wealthiest living US entrepreneur, with an estimated net worth of $80.2 billion, according to Wealth-X. The list of 10 billionaires was dominated by "technopreneurs" as...

Photo: Modhumoti Bank Limited opened its 2nd ATM Booth at Gulshan

2014-07-03 00:00:00

FBCCI urges IMF to help reform pvt sector policy

FE Report | 2014-07-03 00:00:00

The country's apex trade body has proposed that the International Monetary Fund (IMF) sign a memorandum of understanding (MoU) for policy reforms in the private sector. The acting president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)...

Merger to gain momentum in Brazil by year-end

2014-07-03 00:00:00

SAO PAULO, July 2 (Reuters): Mergers and acquisitions in Brazil are expected to gain steam by the year-end as economic and political risks ease, helping companies and private-equity firms scouring for takeover targets focus on tapping the country's long-term potential....

Khaleda hosts Iftar for professionals

2014-07-03 00:00:00

BNP chairperson Khaleda Zia on Thursday took Iftar with professionals and eminent personalities of the country. Khaleda, also a former Prime Minister, hosted the Iftar party in honour of professional leaders and distinguished citizens at the city’s Bashundhara Convention Centre....

Sri Lanka tax revenue down

2014-07-03 00:00:00

COLOMBO, July 2 (Reuters): Sri Lanka's tax revenue has fallen more than 15 per cent from its target in the first four months of the year but it can still achieve its 2014 budget deficit target of 5.2 per cent...

S\\\'pore decides not to issue S$10,000 notes

2014-07-03 00:00:00

SINGAPORE, July 2 (Xinhua): Singapore's central bank will stop issuing 10,000-Singapore-dollar (US$8,000) notes from October 1 in a move to lower the risk of money laundering, the Monetary Authority of Singapore said on Wednesday. The set of bank notes issued...

German cabinet approves 2015 budget

2014-07-03 00:00:00

BERLIN, July 2 (Reuters): German Chancellor Angela Merkel's cabinet approved a 2015 budget plan on Wednesday which for the first time in over four decades includes no net new borrowing, according to participants. Low unemployment levels and steady growth have...

exchange rate

2014-07-03 00:00:00

Indonesian firm inks deal to import LNG

2014-07-03 00:00:00

JAKARTA, July 2 (Xinhua): The Indonesian oil-and-gas state firm PT Pertamina has signed a second agreement to purchase liquefied natural gas (LNG) from US- based Cheniere Energy Inc., a move aiming at meeting gap in domestic gas demand, the Pertamina...

GP installs computer lab at DU

2014-07-03 00:00:00

With the financial support of Grameenphone, a computer lab has been installed at Tourism and Hospitality Management Department of Dhaka University. The lab equipped with 52 computers, printer, multimedia projector, CCTV and the most modern server will be opened for...

Photo: SEOUL, Republic of Korea: Tourists pose with actors portraying Imperial Guards

2014-07-03 00:00:00

Photo: BERLIN: German Finance Minister Wolfgang Schaeuble holding a graph

2014-07-03 00:00:00

PM for strict implementation of laws in protecting fish resources

2014-07-03 00:00:00

Prime Minister Sheikh Hasina on Wednesday directed the officials concerned to discharge their duties and responsibilities properly for strict implementation of laws in protecting fish resources and creating awareness for developing fisheries and boosting fish production. The Prime Minister( PM)...

People urged to support government efforts to check formalin misuse

2014-07-03 00:00:00

Food Minister Advocate Quamrul Islam Wednesday called upon all to create awareness from their respective positions about the formalin menace and to help government to check its misuse, reports BSS. "We'll not get rid of formalin if we're not aware...

Hi-tech park bill placed in JS

2014-07-03 00:00:00

Chairman of the Parliamentary Standing Committee on Post, Telecommunication and Information and Communication Technology Ministry Imran Ahmad placed the "Bangladesh Hi-Tech Park Authority (Amendment) Bill 2014" in the House Wednesday in an amended form with recommendations after scrutinisation. The bill...

News in Brief

2014-07-03 00:00:00

Spain's jobless numbers slide in June MADRID, July 2 : Spain's unemployment queue shrank in June as the economy slowly recovered after emerging in mid-2013 from a two-year recession, the government said Wednesday. The number of people registered as unemployed...

Photo: In Ramadan, supply of dates in Babubazar wholesale market

2014-07-03 00:00:00

Focus on the developmental goals of central banks

Shah Md. Ahsan Habib concluding his two-part article on the 17th World Congress of the International Economic Association (IEA) | 2014-07-03 00:00:00

It was nice to hear appreciation of policy machinery of one's own country in a global forum especially when it happens to be a prestigious platform of the World Congress of the International Economic Association (IEA). On June 08, 2014,...

Afghanistan: Will democratic transfer of power be possible?

Zaglul Ahmed Chowdhury | 2014-07-03 00:00:00

The preliminary result of the June 14 run-off of Afghanistan presidential election, which was scheduled to be announced on Wednesday, was postponed on Tuesday at a short notice. The country's election commission said that this was done to allow ballots...

Addressing problems of budget implementation

2014-07-03 00:00:00

Now that the national budget for the fiscal year (FY) 2014-15 -- the terminal year of the Sixth Five Year Plan period -- has come into effect, the government will have to go the extra mile for its implementation as...

Let the laggards dream

Abdul Bayes | 2014-07-03 00:00:00

In connection with a profile on village transformation, we visited Parandah. The village is under Satkhira district. Given the most recent turmoil there that shocked the nation, the choice for Satkhira was not appreciated by many of our well-wishers. But...

The plight of refugees

Shihab Sarkar | 2014-07-03 00:00:00

The World Refugee Day, observed on June 20, has once again exposed before us the plight of the refugees across the world. These people comprise mostly the hapless humanity that has been forcibly displaced by regional wars or internal armed...

WC fever and revival of BD soccer

2014-07-03 00:00:00

The World Cup football has spelled a bout of mesmerizing magic on the sports loving people of the world, where we are no exception. The common people of our country are spending nights being glued to TV sets. Rich or...

KUMON method is suitable for Math

2014-07-03 00:00:00

Studying individually only twenty minutes on Math each day under the KUMON method, one can advance beyond his grade level very shortly. Even a primary level student will be able to study high school and even college level Maths with...

Govt turns monster to prolong one-party rule: BNP

2014-07-03 00:00:00

BNP on Thursday alleged that the government has taken the monster’s role to prolong its one-party rule by suppressing the opposition and different opinions. In a statement, BNP acting secretary general Mirza Fakhrul Islam Alamgir said, “Being alienated from people,...

The buzz dying down at city Iftar outlets

2014-07-03 00:00:00

Surprisingly, the traditional Iftar markets in the city now fail to draw food connoisseurs as before. Each year all makeshift Iftar outlets used to experience a heavy rush. But this time it is a different scenario. I have been a...

Ensuring transparency and accountability in the financial sector

Abu Sayed Md. Shaykhul Islam | 2014-07-03 00:00:00

The era of self-regulation of the financial audit profession in America and Europe came to an end following bad things done by the big corporate giants like Enron, WorldCom, Tyco, Adelphia, Sunbeam etc. in the beginning of this century. Stakeholders...

Give us jobs, not rock songs, say Indonesia\\\'s young voters

Eveline Danubrata and Heru Asprihanto of Reuters in Jakarta | 2014-07-03 00:00:00

To attract Indonesia's army of young voters, one presidential candidate is hoping a Two Finger Salute will do the trick. It's a song by top Indonesian rock band Slank, and refers to the serial number two on the ballot paper...

World Cup 2014 awaits more surprises

Maswood Alam Khan from Maryland, USA | 2014-07-03 00:00:00

Football fans and players after living through tears and smiles are now heading to ride a turbulent roller coaster of breathless emotions as the eight teams are about to wage a World War from Friday with intense excitement, fervour, energy...