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China student jumps to death after losing WC bets

2014-06-25 00:00:00

BEIJING, June 24 (AFP): A college student in China leaped to his death after losing more than $3,000 gambling on the World Cup, state media reported Tuesday. The second-year student, identified only by his surname Lin, jumped from the seventh...

Sushma in city

2014-06-25 00:00:00

Indian External Affairs Minister Sushma Swaraj arrived in the city Wednesday night on her first visit to demonstrate the importance her government gives to Bangladesh. She reached Hazrat Shahjalal International Airport at 10:50pm by a special flight. Foreign Minister AH...

Croatians mourn end of WC dream

2014-06-25 00:00:00

ZAGREB, June 24 (AFP): Croatian fans Tuesday were mourning their shattered World Cup dreams following the national side's 3-1 defeat at the hands of Mexico in Brazil. The loss meant that Croatia's interest in the competition was over with Brazil...

Iran chase goals to reach WC last 16

2014-06-25 00:00:00

SALVADOR, June 24 (AFP): Ashkan Dejagah is confident Iran can end their goal-drought by beating Bosnia on Wednesday to reach the World Cup last 16. Iran are third in Group F with one point after a goalless draw with Nigeria...

Nadal, Federer get Wimbledon campaigns under way

2014-06-25 00:00:00

LONDON, June 24 (AFP): World number one and two-time winner Rafael Nadal and seven-time champion Roger Federer begin their Wimbledon campaigns on Tuesday, desperate to banish the ghosts of 2013. Nadal, seeded two this year, is fresh from a ninth...

Maradona shows Argentine FA chief the finger

2014-06-25 00:00:00

RIO DE JANEIRO,  June 24 (Reuters): Former World Cup winner Diego Maradona showed Argentine FA President Julio Grondona the finger on live television after the soccer administrator had suggested Argentina scored against Iran because "jinxed" Maradona had left the stadium...

sports digest

2014-06-25 00:00:00

Dhoni summoned over Hindu court case NEW DELHI, June 24: Indian cricket captain M.S. Dhoni was ordered Tuesday to appear in court over a magazine front cover that allegedly hurt religious sentiments by depicting him as a Hindu god, a...

DSE turnover declines to Tk 2.80b

2014-06-25 00:00:00

FE Report The market closed higher for the second running session Tuesday on large-cap stocks despite slight declined of investors' participation. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,392.94 points, gaining 25.04 points or 0.57...

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2014-06-25 00:00:00

Holcim invests Tk 3.0 billion in new expansion project

FE Report | 2014-06-25 00:00:00

Holcim Bangladesh Ltd invested Tk 3.0 billion in its new expansion project, to achieve additional capacity of producing 7,00,000 tonnes of cement yearly. "We set up state of the art capacity expansion project at our Meghnaghat plant investing Tk 3...

ONE Bank Limited

2014-06-25 00:00:00

BD Finance

2014-06-25 00:00:00

Khan Brothers IPO approved

2014-06-25 00:00:00

The securities regulator has approved the IPO (initial public offering) proposal of the Khan Brothers PP Woven Bag Industries (KBPWBI) which will raise a fund worth Tk 200 million under the fixed price method, officials said. The approval came Tuesday...

Photographic industry seeks VAT withdrawal

2014-06-25 00:00:00

FE Report Photographic industry has sought withdrawal of Value Added Tax (VAT) for survival of the sector that is gradually losing its past glory with the fast expansion of digital technology. In the proposed budget, the government increased VAT rate...

Dubai shares plunge 6.7pc on Arabtec woes

2014-06-25 00:00:00

DUBAI, June 24 (AFP): Share prices in Dubai plunged 6.7 per cent on Tuesday, the market's biggest loss in 10 months, on the back of troubles associated with leading construction company Arabtec. Arabtec was down by the limit of 10...

Islami Bank Bangladesh Limited

2014-06-25 00:00:00

BSE Sensex gains over 300 points

2014-06-25 00:00:00

MUMBAI, June 24 (Reuters): The BSE Sensex rose over 1 per cent on Tuesday, snapping a four-day losing streak as blue-chips such as Reliance Industries gained on continued hopes of reforms while a fall in crude oil prices also helped....

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2014-06-25 00:00:00

Move to set up WB like bank to boost connectivity in Asia

2014-06-25 00:00:00

China has taken an initiative to set up an 'Asian Infrastructure Investment Bank (AIIB)' involving Bangladesh, India and other Asian countries to finance the big infrastructure projects aimed at improving connectivity among the Asian countries, reports BSS. A decision in...

New director of Jamuna Bank

2014-06-25 00:00:00

Ms. Tasmin Mahmud has been elected as Director of the Board of Jamuna Bank Limited. She is an eminent personality and well-known enterpreneur in telecommunication, real estate, RMG & textile sector of the country. She did her M.S.S in Public...

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2014-06-25 00:00:00

Growth and governance: Making the transition

Wahiduddin Mahmud | 2014-06-25 00:00:00

The quality of governance reflecting institutional development has been increasingly recognised as an important ingredient of economic growth. It is also recognised that low levels of income and poor governance may perpetuate each other. How can low-income countries like Bangladesh...

Indian Foreign Minister comes calling

Zaglul Ahmed Chowdhury | 2014-06-25 00:00:00

The new Indian Prime Minister Narendra Modi chose neighbouring Bhutan for his first foreign trip (June 15-16). And his external affairs minister Sushma Swaraj has chosen Bangladesh as the first destination of her bilateral visit. She arrives in Dhaka today...

Discovery of new gas field and energy security

2014-06-25 00:00:00

Energy security is a critical determinant of the country's pace of economic development that will matter most for it to attain the targeted middle-income status by the year 2021. At a time when investors are wary of setting up industries...

The ritual of seizing gold at airports

Abu Ahmed | 2014-06-25 00:00:00

It is puzzling to see why our custom officials and other security agents are catching the so-called gold smugglers on a regular basis at the country's airports. Who are these gold smugglers and what do they do? They are, in...

Role of films in the promotion of tourism

Md Ashikur Rahman | 2014-06-25 00:00:00

Bangladesh is a land of scenic beauty with great potential. Here film can be used as a tool for promoting tourism destination, increasing domestic as well as foreign tourists. Film tourism can be defined as a genre within tourism that...

Hospital at Mugda in a shambles

2014-06-25 00:00:00

In October 2013 Prime Minister Sheikh Hasina inaugurated the 50- bed hospital at Mugda in the city. It is said that Tk 10 billion were spent to build the hospital. But it is a matter of great regret that the...

The mystery of Flight MH370

2014-06-25 00:00:00

The deepening mystery of the Malaysian flight MH370 may have been the result of total failure of all electronic navigation system and flight path automatic indication devices, all of which were  deactivated by some super secret electronic anti-ICBM target diversion...

India Bangladesh ODI: disappointing series

2014-06-25 00:00:00

The recently concluded Bangladesh-India one day international series failed to provoke any interest among the sports lovers, mainly due to the ongoing World Cup football extravaganza. The rain also took the gloss away from the series. In that consideration the...

Stock markets and economic growth performance

Mirza Azizul Islam | 2014-06-25 00:00:00

The recent developments in the stock markets of Bangladesh have given rise to considerable divergence of views about its role in economic development, more specifically economic growth, of the country. Some policy makers have termed the market as "wicked" and...