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Credit expansion, rate cuts on table

FE Report | 2014-07-21 00:00:00

Enhancing private-sector credits and reduction of lending rates for industries are expected to be high on the agenda as bankers meet today to work out means of smooth run of banking operations, officials said. Besides, the weaknesses in banks' action...

Deadliest Israeli assault on Gaza enclave: 60 more die

2014-07-21 00:00:00

GAZA CITY, July 20 (agencies): More than 60 Palestinians were killed Sunday as Israeli forces pounded northern Gaza, sending thousands more fleeing in terror in the deadliest assault on the enclave in five years. Sunday's bloody toll prompted urgent efforts...

NBR issues rule covering 1.0pc surcharge on mobile handset

Doulot Akter Mala | 2014-07-21 00:00:00

The National Board of Revenue (NBR) issued a rule Sunday facilitating the collection of 1.0 per cent surcharge levied on both imported and locally produced mobile handset from the current fiscal year (FY) -- a measure that would make the...

Two held at HSIA with 32 kg gold

FE Report | 2014-07-21 00:00:00

Illegal consignments of gold have continued to flow at Hazrat Shahjalal International Airport (HSIA) as customs officials hauled another consignment of 32 kilograms of the precious item worth around Tk 160 million from the airport Sunday, officials said. Two passengers...

Currency note forgers active ahead of Eid

Jubair Hasan | 2014-07-21 00:00:00

Fake local currency notes have entered the market as dozens of money counterfeiting groups are active ahead of Eid-ul Fitr, detectives revealed it after arresting several currency forgers in the capital over the last few weeks. They said persons involved...

Photo: Busy Eid shoppers crossing the divider

2014-07-21 00:00:00

Prayer Timings

2014-07-21 00:00:00

Man shot beside police station

2014-07-21 00:00:00

Miscreants have shot an engineer near the Adabor Police Station to snatch away Tk 250,000 from him. Within a few hours of this incident, a businessman carrying Tk 50,000 was shot by muggers in Kamalapur. Transactions are usually high before...

Five of a family killed in Ctg fire

2014-07-21 00:00:00

CHITTAGONG, July 20: Five members of a family, including four children, were killed in a fire that broke out in Sarkerhat area of Hathazari upazila on Sunday night. The deceased were identified as Rina Akhtar (12), Sima Akhtar (10), Jhuma...

China stocks flat in morning trade

2014-07-21 00:00:00

Chinese stocks were flat in morning trade on Monday amid worries that upcoming share offers will drain market liquidity, dealers said. The benchmark Shanghai Composite Index slipped 0.10 per cent, or 2.04 points, to 2,057.03 points. The Shenzhen Composite Index,...

Obama calls for immediate truce as Gaza toll soars

2014-07-21 00:00:00

US President Barack Obama called for an ‘immediate ceasefire’ between Israel and Hamas on Sunday, after the bloodiest day of fighting in Gaza raised the number of Palestinians killed to 476. The United Nations Security Council opened urgent talks on...

41.5-kg gold seized at airport

2014-07-21 00:00:00

Customs officials have seized 41.5 kilograms of gold worth about Tk 200 million in separate drives in Hazrat Shahjalal (RA) International Airport in Dhaka’s Kurmitola. Four people have been arrested for their alleged involvement with the gold smuggling. Customs Intelligence...

41.5-kg gold seized at Shahjalal

2014-07-21 00:00:00

Customs officials have seized 41.5 kilograms of gold worth about Tk 200 million in separate drives in Hazrat Shahjalal (RA) International Airport in Dhaka's Kurmitola. Four people have been arrested for their alleged involvement with the gold smuggling. Customs Intelligence...

HK shares open 0.13% higher

2014-07-21 00:00:00

Hong Kong stocks edged up 0.13 per cent in the first few minutes of trade on Monday following gains on Wall Street as bargain-hunters moved in after last week’s losses that were fuelled by the crash of Malaysian Airlines Flight...

Slain councillor Nazrul\\\'s wife in N\\\'ganj race

2014-07-21 00:00:00

Slain Narayanganj City councilor Nazrul Islam’s wife Selina Islam Beauty and his younger brother Abdus Salam have submitted their nomination papers for the bypoll to a Narayanganj ward. They submitted the nomination paper to district election officer Tarifuzzaman. On April...

Sydney shares edge up

2014-07-21 00:00:00

The prices of most of the shares in Australia’s capital markets edged up on Monday. Sydney stocks were 0.12 per cent up at close, according to AFP.

Seoul stocks soar

2014-07-21 00:00:00

The prices of most of the shares in South Korea’s stock markets rose on Monday. Seoul’s benchmark Tpoix were 0.47 per cent higher at the close to today’s session.

US stocks stocky

2014-07-21 00:00:00

A wave of corporate deals and generally positive quarterly earnings competed for attention this week with gloomy news developments in Ukraine and Gaza, ultimately leading US stocks higher. For the week, the Dow Jones Industrial Average advanced 156.37 points (0.92...

Oil prices down in Asian trade

2014-07-21 00:00:00

Oil prices slipped in Asian trade on Monday but analysts said they were supported by concerns of an escalation of the Ukraine crisis after the crash last week of a Malaysian airliner. Investors were also keeping an eye on developments...

6 held with VoIP instrument worth Tk 20m

2014-07-21 00:00:00

Rapid Action Battalion (RAB) personnel in a drive detained six people with huge quantity of illegal instruments of Voice over Internet Protocol (VoIP) in Chittagong city on Sunday evening. The arrestees were identified as Mohammad Nizam Uddin, 32, Mohammad Jahed,...

Fish trader killed in Sirajganj crash

2014-07-21 00:00:00

A fish trader was killed and seven others were injured in a road accident in Tarash upazila in Sirajganj on Monday morning. The deceased was identified as Dipuk, 35, son of Taleb of Beparipara of Sirajganj town. Police and locals...

5 kids rescued from trafficker

2014-07-21 00:00:00

Five children have been rescued from being trafficked to India at Jessore’s Sarsa Upazila. A woman, Roxana Khatun, resident of a Benapole, has been arrested in this connection. The children, all boys below the age of ten, are also from...

DSE, CSE open positive

FE Online Report | 2014-07-21 00:00:00

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Monday, the second trading day of the week. DSEX, the prime index of the DSE went up by 14.37 points or...

PM off to London to attend Girl Summit

2014-07-21 00:00:00

Prime Minister Sheikh Hasina left Dhaka on Monday morning for London on a 3-day official visit to the United Kingdom to attend the 1st Girl Summit. The Premier is going to the UK at the invitation of her British counterpart...

UN to vote on MH17 disaster resolution

2014-07-21 00:00:00

The UN Security Council is expected on Monday to adopt a resolution demanding that separatists in eastern Ukraine grant unrestricted access to the site of the downed Malaysian Airlines jet. Australia is taking the lead on the measure that calls...

HRW urges PM to disband RAB

2014-07-21 00:00:00

The New York-based Human Rights Watch (HRW) has urged the Bangladesh government to disband Rapid Action Battalion (Rab), a crime busting unit of Bangladesh police. In a letter to Prime Minister Sheikh Hasina, the HRW said the government should take...

Mawa-Kewrakandi ferry service resumes

2014-07-21 00:00:00

Ferry service on Mawa-Kewrakandi waterways resumed on Monday morning after a halt for 13 hours due to high waves in Padma River. Bangladesh Inland Water Transport Corporation (BIWTC) manager Sirajul Haque said ferry operation on the Mawa-Kewrakandi route remained suspended...

Muggers chop to death biker, injure another

2014-07-21 00:00:00

Muggers chopped to death a biker and injured another one at Shalaipur in Pabna Sadar Upazila on Sunday night. The dead is Anwar Hossain, 35, son of late Abul Hossain of Ekdanta village of Atgharia upazila of the district. Police...

Signal 3 for maritime ports

2014-07-21 00:00:00

Maritime ports of Chittagong, Cox’s Bazar, Mongla and Payra have been advised to keep hoisted local cautionary signal No. 3 (three) as the well-marked low over North Bay and adjoining coasts of Bangladesh and India’s West Bengal state still persists,...

3 killed in Dhamrai road accident

2014-07-21 00:00:00

Three people were killed and 10 others injured in a head-on collision between a bus and a truck on Dhaka-Aricha Highway in Dhamrai upazila of Dhaka district on Monday. The deceased, identified as Imtiaz, 40, and Kawsar, 30, both businessmen,...