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Photo: The 14th AGM of the Asia Pacific General Insurance Company

2014-07-01 00:00:00

BSC buying vessels at higher prices

Syful Islam | 2014-07-01 00:00:00

The Bangladesh Shipping Corporation (BSC) has initiated a process of buying from China three bulk carriers, each having capacity of 36,000 DWT (deadweight tonnage) at a cost of US$27 million. The move has raised questions over their higher prices compared...

Asia stocks make cautious gains

2014-07-01 00:00:00

SYDNEY, June 30 (Reuters): Asian share markets edged cautiously higher on Monday while the dollar stayed under pressure ahead of packed week of economic data that will test investor hopes for a pick-up in the US and global economies. MSCI's...

European stock mkts kick off week on downbeat note

2014-07-01 00:00:00

LONDON, June 30 (AFP): Europe's main stock markets traded mixed on Monday, as traders reacted to eurozone inflation numbers ahead of key US jobs data due later in the week. London's benchmark FTSE 100 index dipped 0.03 per cent to...

HK shares fall, but post quarterly gains

2014-07-01 00:00:00

HONG KONG, June 30 (Reuters): Hong Kong shares finished lower on Monday, reversing earlier gains, with investors taking profits and reshuffling their portfolios for the next half of the year. The Hang Seng Index inched down 0.1 per cent to...

United Spirits nears four-month low

2014-07-01 00:00:00

MUMBAI, June 30 (Business Standard): United Spirits (USL) has dipped almost 5 per cent to Rs 2,381, extending its 5 per cent fall in past two trading sessions, on back of heavy volumes on the bourses. The stock hit its...

IPO Diary

2014-07-01 00:00:00

Photo: Modhumoti Bank Limited opened its first ATM booth at Motijheel

2014-07-01 00:00:00

Photo: Islami Bank Bangladesh Limited has taken a month-long programme to distribute Ifter

2014-07-01 00:00:00

Photo: Uttara Bank Limited

2014-07-01 00:00:00

Photo: The Dhaka Mercantile Co-operative Bank Ltd

2014-07-01 00:00:00

Photo: Paramount Insurance Company Limited

2014-07-01 00:00:00

LNG import: A difficult choice

Mushfiqur Rahman | 2014-07-01 00:00:00

The Petrobangla and Singapore-based Astra Oil and Excelerate Energy consortium (AE) initialled on June 26, 2014 an agreement for setting up of a floating storage and re-gasification (FSRU) unit (or liquefied natural gas terminal) at Moheshkhali, Cox's Bazar. The final...

Iraq again in throes of instability

Zaglul Ahmed Chowdhury | 2014-07-01 00:00:00

The fighting in Iraq has escalated as the government forces have launched intense counter-attack to regain the territories lost to the Sunni rebels. Meanwhile, Iraqi party leaders have planned delicate talks to find a successor to Prime Minister Nouri al-Maliki....

Measure against unsafe blood transfusion

2014-07-01 00:00:00

A most vital area of medical care, blood transfusion is often the last option for saving a patient's life. Now if the blood itself is suspect, the patient receiving the same is exposed to risks of getting one or more...

Risking reputation on tainted money

Shamsul Huq Zahid | 2014-07-01 00:00:00

The finance minister has made a somersault, once again, on the issue of black money. He has, as in the past, reneged on his promise and kept the provision of whitening black money in the national budget. "You can be...

Regulating house rent

Khandaker Zia Hasan | 2014-07-01 00:00:00

The government has come up with a good decision in the new budget that involves depositing house rents with banks, if the amount exceeds Tk 25,000. The logic is that this will widen tax net, because huge numbers of house...

Water-logging in Chittagong

2014-07-01 00:00:00

Torrential rain over the past few days caused severe water-logging in different parts of the country. However, the situation in the port city of Chittagong was the worst. Rain paralysed normal life there. Goods-laden trucks were  compelled to halt and...

Sagar-Runi murders still a mystery

2014-07-01 00:00:00

It is simply unacceptable that no tangible progress could be made in the gruesome Sagar-Runi murders. Already long two and a half years have passed. Shortly after the murders, the then Home Minister assured that the police would arrest the...

Popularise broccoli cultivation

2014-07-01 00:00:00

Cauliflower is a winter vegetable in Bangladesh. It is grown in huge quantity throughout the country. The vegetable is very popular among people. As cauliflowers are grown in a huge quantity in peak season, its prices come down to such...

Imperatives for sustainable agricultural growth

Shamsul Alam | 2014-07-01 00:00:00

Agriculture covers all the sub-sectors of crops, fishery, animal husbandry and forestry. In the wake of declining share of contribution of agriculture to GDP (Gross Domestic Product), agriculture sector must play an essential role in food and nutritional security for...

Mexican pain and Greek tragedy

Maswood Alam Khan from Maryland, USA | 2014-07-01 00:00:00

Both Mexicans and Costa Ricans speak Spanish. Spanish-speaking Americans who supported Mexico in the World Cup were shattered when they found their team defeated by the Netherlands. With a defeated heart as they were watching the next game between Greece...

European stocks close mixed

AFP | 2014-06-30 00:00:00

LONDON, June 30: Europe’s main stock markets closed mixed on Monday, with Frankfurt’s DAX 30 up 0.18 per cent to 9,833.07 points. London’s FTSE 100 index of top companies ended down 0.20 per cent at 6,743.94 while the CAC 40...

news digest

2014-06-30 00:00:00

Israel airstrikes in Gaza Strip JERUSALEM, June 29: The Israeli military says it has carried out airstrikes on rocket launchers and militant sites in the Gaza Strip, following rocket fire from Gaza into Israel.   The military says it targeted nine...

EIB to finance water supply project

2014-06-30 00:00:00

The European Investment Bank (EIB) has decided to lend Euro 100 million to the government of  Bangladesh to finance a new sustainable surface water supply system in Dhaka. The financing contract was signed in Dhaka on Monday. This is the...

Photo: TURKEY : Syrian children eat lunch in a disused house

2014-06-30 00:00:00

Photo: IRAQ : Iraqi Kurdish forces take position

2014-06-30 00:00:00

Honda\\\'s first jet takes to skies

2014-06-30 00:00:00

TOKYO, June 29 (AFP): Honda's first business jet has logged its maiden flight ahead of its expected certification and delivery next year, the Japanese company said in a weekend press release. The 84-minute flight of the first production HondaJet took...

China\\\'s building materials sector weakens

2014-06-30 00:00:00

BEIJING, June 29 (Xinhua): China's building materials sector continued to show weakness in May as the property market cools, according to the latest statistics from the country's top economic planner. Cement output rose 3.2 per cent year on year in...

Speed forces US to probe 360,000 Nissan cars

2014-06-30 00:00:00

NEW YORK, June 29 (AFP): The US National Highway Transportation Safety Administration announced Saturday it was investigating Nissan sedans for unwanted acceleration, and Chrysler pickups. Nissan is being probed over 360,000 Nissan Versa and Versa Note vehicles manufactured between 2012-2014....