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Dhaka, Thimphu sign MoU to curb money laundering, terrorist financing

2014-07-17 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) and the Royal Monetary Authority of Bhutan on Thursday signed a memorandum of understanding (MoU) to exchange information relating to money laundering and terrorist financing. Mahfuzur Rahman, Deputy Head, Bangladesh Financial Intelligence Unit and Executive...

Half-yrly confce of Jamuna Bank held

2014-07-17 00:00:00

The Half-yearly Business Conference, Chittagong Zone of  Jamuna Bank Limited (JBL)  was held at Hotel Silver Spoon, Chittagong recently. Shafiqul Alam, Managing Director & CEO of  JBL inaugurated the conference as the chief guest. Mosleh Uddin Ahmed, Deputy Managing Director...

PM reiterates to decentralise power

2014-07-17 00:00:00

Prime Minister Sheikh Hasina has reiterated her firm commitment to decentralise power for empowerment and more participation of the people in running state and the national development activities. ‘We believe that the local government will have to be strengthened further...

BRICS bank not against IMF: Brazilian president

2014-07-17 00:00:00

The new development bank set up by the emerging-market bloc of BRICS (Brazil, Russia, India, China and South America) is not going against the existing western-backed International Monetary Fund (IMF), said Brazilian President Dilma Rousseff. Rousseff tried to douse off...

Militants killed after attack on Kabul airport

2014-07-17 00:00:00

Militants armed with rocket-propelled grenades attacked Kabul International Airport in the Afghan capital on Thursday in one of the most audacious assaults on the facility, used by both civilians and the military, in a year. The attack on the airport...

Detained Mirpur SI Jahid put on 5-day remand

2014-07-17 00:00:00

A Dhaka court on Thursday granted a 5-day remand for detained sub-inspector (SI) Jahidur Rahman of Mipur Police Station and his source Nasim Seikh each in connection with the custodial death of a man. Metropolitan magistrate Md Mahbubur Rahman passed...

MTB bravery award for late Liacot Ali

2014-07-17 00:00:00

Poultry worker killed in Gazipur

2014-07-17 00:00:00

Police recovered hanging body of a worker from a poultry farm at Sreepur upazila in Gazipur district on Wednesday afternoon. The dead is Shimul Miah, 28, son of Abdul Matin, a resident of Rasulpur village of Gafargaon upazila of Mymensingh...

MTB bravery award for late Liacot Ali

2014-07-17 00:00:00

Mutual Trust Bank Ltd. (MTB) has taken responsibility for bearing all educational expenses up to HSC level for the two sons of late Liacot Ali, who lost his life while trying to save a young lady attacked by miscreants in...

ICT-2 defers hearing of Subhan\\\'s trial till July 20

2014-07-17 00:00:00

The International Crimes Tribunal (ICT)-2 on Thursday adjourned the hearing of the trial of Jamaat-e-Islami leader Mawlana Abdus Subhan till July 20. The second tribunal set the date accepting a time plea from the prosecution. Today was fixed for cross-examination...

Saida Muna made BD envoy to Thailand

2014-07-17 00:00:00

The government on Thursday appointed Saida Muna Tasneem, currently serving as Director General at the Ministry of Foreign Affairs, as the new Ambassador of Bangladesh to the Kingdom of Thailand. In her diplomatic career, Saida Muna Tasneem served in Bangladesh...

New sanctions cause Russian shares and ruble to tumble

2014-07-17 00:00:00

The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the ruble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The ruble-traded MICEX stock market dropped 2.5 per cent...

Asian shares mixed after Wall St rally

2014-07-17 00:00:00

Asian shares were mixed Thursday after the Dow on Wall Street ticked up another record high in response to strong earnings and a positive outlook on the US economy by the Federal Reserve. An early rally in response to the...

Microsoft expected to announce thousands of job cuts on Thursday

2014-07-17 00:00:00

Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly...

GM recalls some cars with problematic switches

2014-07-17 00:00:00

General Motors Co last month recalled millions of vehicles with three different designs of ignition switches that could accidentally turn off the engine and disable air bags in a crash. But the automaker has concluded that more than 2 million...

Nikkei edges down in choppy trade

2014-07-17 00:00:00

Japan's Nikkei share average edged down on Thursday, giving up earlier gains after a slightly strengthening yen soured risk appetites, but losses were limited as M&A activity in the US improved the mood. The Nikkei ended 0.1 per cent lower...

CANADA STOCKS-Futures indicate lower open

2014-07-17 00:00:00

Canadian stocks looked set to open lower on Thursday as the United States imposed its toughest sanctions yet on Russia, weighing on global risk sentiment. June futures on the S&P TSX index were down 0.23 per cent at 0715 ET....

Nigeria leader wants $1 bln loan to help fight Boko Haram

2014-07-17 00:00:00

Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security threat posed by the Islamist insurgent group Boko Haram. Jonathan, facing intense criticism at home...

Cricket-Duminy takes South Africa past 400 in Galle

2014-07-17 00:00:00

JP Duminy hit a sedate half-century to take South Africa past the 400-run mark by tea on the second day of the first test against Sri Lanka on Thursday. Duminy was unbeaten on 72, scored off 154 balls with seven...

Khaleda flies to S Arabia Saturday

2014-07-17 00:00:00

BNP chairperson Khaleda Zia goes to Saudi Arabia on Saturday to perform Umrah at the invitation of the Saudi government. The BNP chief is scheduled to fly from Hazrat Shahjalal International Airport in a flight of Emirates Airlines on Saturday...

South African regulator orders Wonga to improve compliance

2014-07-17 00:00:00

South Africa's credit regulator said on Thursday it had ordered the local unit of British payday lender Wonga to improve its compliance, after finding the company did not verify the income of its customers. The National Credit Regulator said it...

New US sanctions hit top Russian firms; Kiev says Russia shoots down its jet

2014-07-17 00:00:00

President Barack Obama imposed sanctions on some of Russia's biggest firms for the first time, striking at the heart of Vladimir Putin's powerbase by targeting companies closest to him over Moscow's failure to curb violence in Ukraine. In the latest...

ACC clears charge-sheet against bank officials

2014-07-17 00:00:00

The Anti Corruption Commission (ACC) on Thursday approved a proposal for submission of charge-sheet against 30 people, including 10 bank officials, on charge of embezzling Tk 926 million from Prime Bank. The Commission approved the charge-sheet at its regular meeting...

Israeli official says permanent Gaza ceasefire agreed

2014-07-17 00:00:00

An Israeli official said on Thursday there is an agreement for a comprehensive Gaza ceasefire starting on Friday. In Gaza, there was no immediate confirmation from Hamas and other Palestinian militant groups that they had agreed to halt 10 days...

Tight measures planned for rly security ahead of Eid

2014-07-17 00:00:00

Stringent security measures will be taken in the major railway stations across the country ahead of the Eid- ul-Fitr to avoid passenger harassment and sabotage. ‘Rapid Action Battalion (RAB), police and paramilitary force Border Guard Bangladesh (BGB) alongside railway security...

NTPC warns India\\\'s coal stocks running out

2014-07-17 00:00:00

Six of India's coal-fired power plants do not have enough stocks to weather even a ‘small’ disruption in supplies, with fuel reserves sufficient for only up to two days, the country's largest power producer has warned. State-run NTPC(NTPC.NS) has asked...

Ekram murder prime suspect Minar freed on bail

2014-07-17 00:00:00

BNP leader Mahatab Uddin Ahmmed Chowdhury Minar, the prime suspect in the murder of Feni Awami League leader Ekramul Haq, has been released on bail. He walked out of Feni district jail after a copy of the High Court’s bail...

Thailand\\\'s ex-PM Yingluck given permission to leave country

2014-07-17 00:00:00

Thailand's military rulers have given permission to former Prime Minister Yingluck Shinawatra to travel to Europe where she is expected to attend the birthday party of her brother Thaksin, also a deposed former premier, officers said on Thursday. A military...

5,986 Indians in jails abroad, 1400 in Saudi Arabia, 468 in Pakistan

2014-07-17 00:00:00

There are 5,986 Indian nationals lodged in foreign jails with the highest being in Saudi Arabia. 71 Indian nationals have completed their sentences and are waiting for completion of deportation formalities in the foreign jails, minister of state for external...

Riyadh killing: BCL demands case withdrawal

2014-07-17 00:00:00

Activists of local Bangladesh Chhatra League (BCL) staged demonstrations before Benapole Port Police Station on Thursday demanding the withdrawal of a case filed against some BCL men in connection with the killing of a Jessore University of Science and Technology...