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Barisal Division Association hails PM for Padma Bridge allocation

2014-06-29 00:00:00

Barisal Division Association (BDA) has hailed Prime Minister Sheikh Hasina and Finance Minister Abul Maal Abdul Muhith for allocating funds for the construction of the Padma Bridge in the national budget for the fiscal year 2014-2015. BDA President Siraj Uddin...

Khaleda greets Yunus on his birthday

2014-06-29 00:00:00

BNP Chairperson Khaleda Zia has congratulated Dr Muhammad Yunus on his 75th birthday. BNP Chairperson’s adviser Sabihuddin Ahmed and her special assistant Shamsur Rahman Shimul Biswas presented a bouquet to the Nobel Laureate micro-credit pioneer around 6pm on Saturday. Dr...

Khaleda\\\'s \\\'complain\\\' amusing: Joy

2014-06-29 00:00:00

Sajeeb Wazed Joy has found it amusing that BNP Chairperson Khaleda Zia complained to the Indian external affairs minister about the state of democracy in Bangladesh. Prime Minister Sheikh Hasina’s son on Saturday wrote on his Facebook page, ‘I find...

Stop formalin use: Raushan to Hasina

2014-06-29 00:00:00

Opposition Leader Raushan Ershad has asked Prime Minister Sheikh Hasina to take effective measures to stop the use of formalin in food. ‘Stop the use of this poison if you are truly the daughter of Bangabandhu,’ she said during a...

JS sitting resumes

2014-06-29 00:00:00

The sitting of the Jatiya Sangsad (Parliament) resumed at 10.07 am on Sunday with Speaker Dr Shirin Sharmin Chaudhury in the chair. Today’s proceedings began with recitation from the Holy Quran. The second (budget) session of the 10th Parliament began...

2 suspected criminals killed in city shootout

2014-06-29 00:00:00

Police shot to death two suspected criminals in Motijheel in the city on Sunday. The Detective Branch (DB) of Dhaka Metropolitan police (DMP) claimed the duo was members of a gang of criminal and died of bullet injuries during a...

Defiant Serena vows to reassert her supremacy

2014-06-29 00:00:00

Defiant Serena Williams insists her shock Wimbledon exit won’t herald the end of her reign as the dominant force in the women’s game. Williams crashed to her earliest exit at Wimbledon for nine years as the world No 1 suffered...

Stocks see sharp rise at opening

FE Online Report | 2014-06-29 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp gain in early hours of trading on Sunday as the government made some positive changes in the Finance Bill 2014-2015, regarding investment in the capital market. DSEX,...

\\\'Gas utilisation strategy\\\' to refix price according to priority in each sector

2014-06-29 00:00:00

The government will initiate a move to evolve a ‘gas utilisation strategy’ to ensure the fossil fuel’s appropriate use in different sectors according to each sector’s priorities. In this regard, the gas price will be reviewed and readjusted for different...

N Korea launches missiles ahead of Xi\\\'s Seoul visit

2014-06-29 00:00:00

North Korea on Sunday fired two ballistic missiles into the sea, South Korea’s military said, the latest in a series of launches staged in an apparent show of force ahead of a visit by Chinese President Xi Jinping to the...

\\\'TCB unable to supply essentials countrywide\\\'

2014-06-29 00:00:00

Commerce Minister Tofail Ahmed on Sunday said the state-owned Trading Corporation of Bangladesh (TCB) does not have adequate workforce required for supplying essentials to consumers across the country. He stated this in Parliament while replying to a tabled starred question...

5 RMG workers injured in boiler explosion

2014-06-29 00:00:00

At least five garment workers have been injured in a boiler explosion in a factory at Khagan under Savar Upazila in Dhaka district. Witnesses said an explosion took place in a boiler at Simtrex – a readymade garment (RMG) unit...

Asian Muslims start Ramadan

2014-06-29 00:00:00

Muslims in much of Asia on Sunday began Holy Ramadan, the lunar month of fasting and abstinence, however, World Cup fever continued to grip Indonesia as soccer fans head towards the nightspots to watch 2nd round matches live late at...

Anti-formalin drive to continue

2014-06-29 00:00:00

Dhaka police have unveiled plans to continue anti-formalin drive even during Ramadan. Dhaka Metropolitan Police (DMP) Commissioner Benazir Ahmed has said they have taken a decision to set up permanent booths at Dhaka’s vegetable markets to continue their drive. ‘We...

Tk 2.5 trillion budget passed

2014-06-29 00:00:00

Parliament has passed Tk 2.5 trillion budget for the 2014-15 fiscal, the first budget of the new government.The new fiscal year begins July 1. Finance Minister AMA Muhith presented the budget on June 5. Lawmakers discussed the budget for sixty...

JS passes FY 15 budget

2014-06-29 00:00:00

The Jatiya Sangsad (JS) on Sunday passed the national budget for fiscal year 2014-15 (FY15) involving Tk 2.5 trllion (Tk 2 lakh 50 thousand 506 crore), expecting to uphold the current pace of development to achieve a middle income country...

Iraq receives Russian fighter jets to fight rebels

2014-06-29 00:00:00

Iraq says it has received the first batch of fighter jets it ordered from Russia to help it as it fights an offensive by Sunni rebels. The defence ministry said five Sukhoi Su-25 attack aircraft would enter service in ‘three...

North Korea launches two short-range Scud missiles in breach of U.N. sanctions

2014-06-29 00:00:00

North Korea fired two short-range ballistic missiles into seas east off its coast on Sunday, South Korea's Joint Chiefs of Staff said, in a breach of U.N. resolutions against the use of ballistic missile technology by the isolated country. The...

ADB provides $82m to help improve climate resilience

2014-06-29 00:00:00

The Asian Development Bank (ADB) and the Government of Bangladesh Sunday signed agreements for $82 million in loans and $12 million in grants to protect coastal towns from the ravages of natural disasters and climate change. Saifuddin Ahmed, Joint Secretary,...

10 killed in Chennai building collapse

2014-06-29 00:00:00

The death toll in the Chennai building collapse has gone up to 10 while 25 are feared trapped under the debris of an 11-storey under construction building collapsed near suburban Porur on Saturday evening. Rescue work is continuing to extricate...

College student drowns in river

2014-06-29 00:00:00

A higher secondary student drowned in Bornoi River in Bagmara upazila in Rajshahi on Saturday. The dead is Paltan Kumar, 16, son of Robin Kumar of Haldapar village in the upazila and a higher secondary student of Taherpur Degree College....

Citi seminar on roadmap to RTGS held

2014-06-29 00:00:00

Citibank, N.A., Bangladesh recently conducted an information session, where they introduced clients to the concept of RTGS (Real Time Gross Settlement) – the fastest mode of electronic payment for corporates At this session, Citi  also launched new mobile and tablet...

Cedrus investments launching office in Jakarta

2014-06-29 00:00:00

Cedrus investments, a global boutique investment firm, will open a representative office in Jakarta, Indonesia later this year. This representative office will operate under the name PT Cedrus Investments (Indonesia) and offer its Asset Management and Private Equity expertise to...

10,650 families rehabilitated in clustered village: Sherif

2014-06-29 00:00:00

Land Minister Shamsur Rahman Sherif has said that the government has rehabilitated 10,650 homeless, destitute and river-eroded families through constructing clustered villages across the country. The government is trying to play a significant role in the development of the youths...

Housewife killed allegedly by husband

2014-06-29 00:00:00

A housewife was strangulated to death allegedly by her husband for dowry in Shalikha Upazila in at Magura on Saturday. The deceased was identified as Popy Khatun, 19, wife of Akash Ali of Sabek Khator village. Polcie said Popy Khatun’s...

Honda\\\'s first jet takes to the skies

2014-06-29 00:00:00

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 place on Friday near...

Another Feni filling station blast victim dies

2014-06-29 00:00:00

Another victim of a recent gas pipeline explosion at a filling station in Feni died at Dhaka Medical College Hospital (DMCH) on Sunday. The dead is Abdullah Al Mamun, 28, technician of Majumdar Filling Station at Chhagalnaiya Upazila in Feni....

Capital gain tax waiver spurs rally in stock trading

FE Online Report | 2014-06-29 00:00:00

The market witnessed sharp rise on Sunday amid high turnover as investors went for buying spree following withdrawl of the capital gain tax in the budget for fiscal 2014-15. The prime index of the Dhaka Stock Exchange (DSE) -- DSEX...

U.S. agency probes Nissan Versa over speed control

2014-06-29 00:00:00

U.S. safety regulators are investigating complaints that a carpet cover trim panel is causing unwanted acceleration in Nissan Versa cars and preventing drivers from braking. According to a document posted online by the National Highway Traffic Safety Administration (NHTSA), the...

More than 8.88m workers went abroad legally: Mosharraf

2014-06-29 00:00:00

Expatriates Welfare and Overseas Employment Minister Engineer Khandakar Mosharraf Hossain on Sunday informed the House that 88,87,111 Bangladesh workers went to different countries of the world legally till May 2014 since the independence. ‘Of them, 80 per cent are working...