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‘BD can save foreign currency by manufacturing mobile phone spare parts’

2014-07-23 00:00:00

Bangladesh can save huge foreign currency by manufacturing spare parts of mobile phones as such a capacity has been created in the country, an expert of the Bangladesh University of Engineering and Technology (BUET) said in the city Tuesday, reports...

Japan, Mongolia sign free trade deal

2014-07-23 00:00:00

TOKYO, July 22 (AFP) : Japan and Mongolia signed a free-trade deal Tuesday, as Tokyo looks to tap the fast-growing economy and its vast supply of natural resources. Japanese Prime Minister Shinzo Abe and Mongolian President Tsakhiagiin Elbegdorj announced the...

Biman employees to stage sit-in today and tomorrow

2014-07-23 00:00:00

The employees of Biman Bangladesh Airlines will stage 3-hour sit-in programme in front of Biman Headquarters at Balaka Bhaban in the city on Wednesday and Thursday to press home their 14-point demand. Biman Sramik League President Moshiur Rahman announced the...

Atomic energy scientists assoc team calls on president

2014-07-23 00:00:00

Newly elected office bearers of Bangladesh Atomic Energy Scientists Association, led by its president Md Monjurul Haque, made a courtesy call on President Abdul Hamid at Bangabhaban on Tuesday, reports UNB. During the meeting, the delegation apprised the president of...

Grameenphone sees robust revenue growth in H1

FE Report | 2014-07-23 00:00:00

Grameenphone (GP), the largest telecom service provider has witnessed a robust revenue growth with Tk10.6 billion net profits in the first half of the year, which is more than 100 per cent higher compared to the corresponding year. The profit...

Brokerage house fined

FE Report | 2014-07-23 00:00:00

The securities regulator Tuesday slapped a fine worth Tk 0.3 million on Harun Securities for breaching margin loan related securities rules, officials said. The decision was taken at a commission meeting held at the office of the Bangladesh Securities and...

Investors take fresh position

FE Report | 2014-07-23 00:00:00

The market remain upbeat Tuesday with improved turnover as better earnings figures and hope for capital market-friendly monetary policy stimulated investors to take fresh position in the market. The session started in a flurry, with promising earnings figures appearing early...

Lafarge Surma signs deal with Metrocem

2014-07-23 00:00:00

Lafarge Surma Cement Tuesday signed a toll-grinding agreement with Metrocem Cement at a ceremony organized at the company's headquarters, reports BSS. Under this agreement, Lafarge Surma Cement will provide high quality clinker from its fully integrated cement plant at Chhatak...

News Briefs

2014-07-23 00:00:00

Regional pact for capital mkt dev in SE Asia inked  Capital market leaders from Cambodia, Laos, Vietnam and Thailand have signed a pact to boost regional cooperation on capital-market development. Representing Thailand, Vorapol Socatiyanurak, the secretary-general of the Securities and...

Non-environment cases dominate the business of environment courts

Raihan M Chowdhury | 2014-07-23 00:00:00

The number of environment-related cases in the Dhaka Environment Court is maintaining sharp declining trend for the last several years triggering the court to be engaged in dealing with non-environment cases, court sources said. According to available data, a total...

Sensex gains 310 points, ends near record high

2014-07-23 00:00:00

MUMBAI, July 22 (Reuters): The BSE Sensex rose more than 1 per cent on Tuesday, approaching its record high hit earlier this month after telecom stocks surged following Idea Cellular's better-than-expected earnings while stronger Asian shares also bolstered sentiment. Gains...

ZSE plans to list bourse in bid to attract investors

2014-07-23 00:00:00

HARARE, July 22 (AFP): Zimbabwe will halve its stake in the local bourse as part of a plan to float the company and attract more foreign capital into the country, the finance minister said on Monday. The government will cut...

US stocks rise on mostly solid corporate earnings

2014-07-23 00:00:00

NEW YORK, July 22 (AFP): Wall Street stocks Tuesday opened higher on a stream of generally solid earnings reports that suggest the US economy is continuing to pick up momentum. Five minutes into trade, the Dow Jones Industrial Average advanced...

European stocks rebound as Ukraine rebels hand over black boxes

2014-07-23 00:00:00

LONDON, July 22 (Reuters): European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine's pro-Russian separatists over the downed Malaysian Airlines plane. After days of uncertainty, a train carrying the...

IPO Diary

2014-07-23 00:00:00

Photo: The 29th annual general meeting (AGM) of National Life Insurance Co Ltd

2014-07-23 00:00:00

Photo: Lafarge Surma Cement

2014-07-23 00:00:00

Gaza bleeds as Israel conducts a war of attrition

Saleh Akram | 2014-07-23 00:00:00

Gaza is bleeding. Death toll has already topped the 500 mark. With no possibility of an immediate ceasefire in sight, miseries of the Gazans are compounding, precipitating a humanitarian crisis. Israel's bombing onslaught continues as thousands flee northern Gaza amid...

Business growth: Managing risk factors

B K Mukhopadhyay from Kolkata | 2014-07-23 00:00:00

The global business environment has been turning to be more and more complicated; so also global financial markets being much more uncertain than ever before? The global financial uncertainties were not entirely unanticipated, but the intensity was not predicted nor...

Sonali Bank\\\'s SOS for loan recovery

2014-07-23 00:00:00

The beleaguered Sonali Bank, the largest of the country's public sector banks, has reportedly sought help of the Ministry of Finance (MoF) to recover the classified loans, amounting to Tk 2.57 billion, from various government ministries, departments and offices. The...

Floating schools for \\\'haor\\\' children

Abdul Bayes | 2014-07-23 00:00:00

The district of Sunamganj, especially its lower hinterland areas called 'haors', are known for high incidence of poverty and illiteracy. Poverty and illiteracy are highly correlated. Primary school enrolment of children of the poor and the extreme poor households in...

Hassle-free travel during Eid vacation

Ridwan Quaium | 2014-07-23 00:00:00

According to media reports, travellers have to encounter hassles and troubles starting from purchasing tickets to the actual journey during the Eid season every year. Some of the common problems that travellers face every year while travelling immediately before and...

Face book or fake book!

2014-07-23 00:00:00

 Facebook has been a popular social networking media all over the globe, Bangladesh nor excepting. It is not just a media to keep in touch with our near and dear ones; it is also a source of information. However, alongside...

Gridlock on roads

2014-07-23 00:00:00

With the approach of Eid, traffic congestion throughout the country is deteriorating day by day. We became hopeful when the authorities took some initiatives to curb the chaotic situation that we experience every year ahead of any big festival. We...

Declining child marriage in Bangladesh

2014-07-23 00:00:00

The world is praising Bangladesh for reducing child marriage. Bangladesh has well tackled this problem to a great extent and it is hoped that in the future the child marriage will cease to exist. Due to spread of education followed...

Why bank loans are enigma to borrowers

M. S. Siddiqui | 2014-07-23 00:00:00

The word 'mortgage' has been derived from a French legal term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken...

20 more killed in Israeli strikes, toll hits 514

2014-07-22 00:00:00

GAZA CITY, July 21 (agencies): The death toll in Gaza rose to 514 Monday following the bloodiest day in six years in the Palestinian enclave where Israel is pressing a punishing military operation. According to figures released by emergency services...

French PM denounces \\\'anti-Semitic\\\' Gaza protests

2014-07-22 00:00:00

SARCELLES, July 21 (AFP): French Prime Minister Manuel Valls on Monday slammed "intolerable" acts of anti-Semitism after a rally against Israel's Gaza offensive descended into violence pitting an angry pro-Palestinian crowd against local Jewish businesses. Sunday's demonstration in the north...

Jihadists seize Iraq monastery

2014-07-22 00:00:00

MOSUL, July 21 (AFP): Jihadist militants have taken over a monastery in northern Iraq, one of the country's best-known Christian landmarks, and expelled its resident monks, a cleric and residents said Monday. Islamic State (IS) fighters stormed Mar (Saint) Behnam,...

Dutch experts inspect Ukraine crash bodies

2014-07-22 00:00:00

TOREZ, July 21 (AFP): Dutch forensic experts on Monday began examining bodies from the MH17 plane disaster that have been held up at a east Ukraine train station as Kiev and insurgents wrangle over the fate of the remains. As...