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Indices see sharp rise

FE Report | 2014-06-30 00:00:00

The market witnessed sharp rise Sunday with improving turnover as investors went for buying spree following the news of withdrawal of capital gain tax in the approved budget for the fiscal year 2014-15. The market started with an upward trend...

Latifur elected EB Member of Global ICC

2014-06-30 00:00:00

Latifur Rahman, Vice-President of the International Chamber of Commerce-Bangladesh & Chairman and CEO of Transcom Group has been elected member of the Executive Board of the Paris-based ICC for a three-year term starting from July 2014. ICC, the world business...

Mobile cos offer Ramadan services

FE Report | 2014-06-30 00:00:00

Most of big players in the country`s mobile telecommunication industry have introduced some religious contents for their customers on the month of holy Ramadan. The contents provided by the telcos are mainly listening opportunity of Tilawat-e-Quran, Azan as ringtone and...

Hsbc appoints new head of commercial banking

2014-06-30 00:00:00

The Hongkong and Shanghai Banking Corporation Limited has announced the appointment of Bhuvnesh Khanna as the head of Commercial Banking in Bangladesh. In his new role, Bhuvnesh will be responsible for managing the Commercial Banking business in Bangladesh including award...

News Briefs

2014-06-30 00:00:00

Chair, vice-chair of Asia Pacific Ins re-elected The Board of Directors of Asia Pacific General Insurance Company Limited in its meeting held Sunday unanimously re-elected Mr. Aftab ul Islam, FCA as Chairman and Ms. Kashmiri Kamal as Vice-Chairman of the...

Photo: United Commercial Bank Limited (UCB)

2014-06-30 00:00:00

Photo: Mutual Trust Bank Ltd. (MTB)

2014-06-30 00:00:00

Photo: Modhumoti Bank Limited

2014-06-30 00:00:00

Institutional payment of Zakat emphasised

FE Report | 2014-06-30 00:00:00

A total of Tk 250 billion of Zakat could have been collected if it were collected mandatorily. This big amount could be utilized in the poverty alleviation programs supporting to the government initiatives. Speakers opined so in the concluding session...

India\\\'s healthcare Index hits all-time high

2014-06-30 00:00:00

MUMBAI, June 29 (Business Standard): Pharma stocks were on a roll and propelled the S&P BSE Healthcare Index two per cent to close at a record high of 11,260 on Friday. The index touched high of 11,278 in intra-day deals....

GoPro shares soar on first day of trading

2014-06-30 00:00:00

SAN FRANCISCO, June 29 (AFP): Shares in the company behind GoPro cameras, used to capture sports action from players' perspectives, jumped more than 30 per cent on their first day of trading. GoPro shares were trading at $31.34 at close...

Photo: The 9th extra-ordinary general meeting (EGM) of Bank Asia

2014-06-30 00:00:00

Photo: The 13th annual general meeting (AGM) of Shahjalal Islami Bank Limited

2014-06-30 00:00:00

Photo: A branch of Rupali Bank was shifted to new building at Sylhet Agriculture University recently.

2014-06-30 00:00:00

ADB provides $94m to boost climate resilience

2014-06-30 00:00:00

The Asian Development Bank (ADB) will provide a total of US$ 94 million for protecting coastal towns from the ravages of natural disasters and climate change, reports BSS. The government and ADB signed two separate agreements on Sunday for US$...

Bodies of 14,798 expats returned home in 5 years

FE Report | 2014-06-30 00:00:00

Expatriates' Welfare and Overseas Employment Minister Khandker Mosharraf Hossain Sunday said bodies of nearly 15,000 Bangladeshi workers were brought back home from various overseas destinations over the last five years. Responding to a tabled question, raised by lawmaker Didarul Alam...

Heavy rainfall likely

2014-06-30 00:00:00

Heavy to very heavy rainfall is likely to occur at different places over Rajshahi, Rangpur, Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions, reports UNB. The Met Office came up with the heavy rainfall warning due to active monsoon over Bangladesh....

Probe body for multiple sets of questions to avert leaks

2014-06-30 00:00:00

A government probe body has recommended preparing multiple sets of questions and using lottery to pick the final set only on the examination day to prevent question leaks, reports UNB. The Education Ministry formed the body to investigate the leaks...

2 killed in city \\\'gunfight\\\'

2014-06-30 00:00:00

Two suspected criminals were reportedly killed in a 'gunfight' with the Detective Branch (DB) of Dhaka Metropolitan police (DMP) in the city's Motijheel area early Sunday, reports UNB. The identity of the deceased could not be ascertained immediately. The DB...

Sports organiser Bilkis Chy dies

2014-06-30 00:00:00

CHITTAGONG, Jun  29 (BSS): Noted sports organiser and educationist of the port city Bilkis Rashed Chowdhury died of jaundice at a Bangkok hospital early Saturday. She was 61. Wife of noted industrialist late Rashed Asgar Chowdhury, she left behind five...

Five RMG workers injured in boiler explosion in Savar

2014-06-30 00:00:00

SAVAR, Jun 29 (UNB): At least five readymade garment (RMG) workers were injured in a boiler explosion in a factory at Khagan area of the upazila Saturday. Witnesses said an explosion took place in a boiler of Simtrex RMG factory...

Rab asked to submit probe report by Aug 13

2014-06-30 00:00:00

A Dhaka court asked Sunday Rab to submit its investigation report on the murder of journalist couple Sagar and Runi by August 13, reports UNB. As the investigation report has not been submitted to the court after 26 fixed dates,...

Ramadan begins

2014-06-30 00:00:00

Holy Ramadan, the ninth month in the Islamic lunar calendar in which Muslims are meant to fast from dawn to dusk, begins today amid the soaring prices of essentials, reports UNB. During the holy month, all government, semi-government and autonomous...

Lightning kills 6 in 3 dists

2014-06-30 00:00:00

Six people, including a college student, were killed in separate incidents of lightning strike in Manikganj, Bogra, Thakurgaon and Meherpur districts Sunday, reports UNB. In Manikganj, a college student was killed when a thunderbolt struck him at Abudanga village in...

News in Brief

2014-06-30 00:00:00

10 DU students to get Japanese Scholarship Ten first year students of the session 2012-2013 of Dhaka University will get Sumitomo Corporation Scholarship of Japan this year. Students, who passed the HSC or equivalent examination in 2012, have been invited...

Photo: A colourful procession was brought out in the city Sunday marking the Rath Jatra,

2014-06-30 00:00:00

Swaraj asks Dhaka to discuss \\\'illegal\\\' migrants’ issue

2014-06-30 00:00:00

India proposes to deal with the 'sensitive' issue of illegal migrants with Bangladesh through discussion, as its external affairs minister believes the stage is set for a qualitative change in Dhaka-Delhi ties after her visit. Sushma Swaraj, who left Dhaka...

BNP wants int\\\'l agency to probe money laundering

2014-06-30 00:00:00

BNP has demanded an international probe saying members of the ruling party have laundered money to Swiss banks, reports bdnews24.com. "Bangladeshis have Tk 3.1 billion in the Swiss banks", BNP acting Secretary General Mirza Fakhrul Islam Alamgir said while speaking...

MPs urged to be vocal against police extortion

2014-06-30 00:00:00

 State Minister for Home Affairs Asaduzzaman Khan called upon the Members of Parliament (MPs) on Sunday in parliament to be vocal against police extortion, reports UNB. He also urged the MPs to give information of any sort of extortion that...

‘Efforts on to address problems in communication sector’

2014-06-30 00:00:00

Communications Minister Obaidul Quader told parliament on Sunday that he and his ministry have been working tirelessly to address the problems in the countrywide road network and there is no lack of sincerity, reports UNB. "We've been working relentlessly, and...