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Koreans crushed by impressive Algeria

2014-06-24 00:00:00

Algeria have moved up to second in Group H with a convincing 4-2 win over Korea Republic at Porto Alegre's Estadio Beira-Rio, according to fifa.com. The Taeguk Warriors were blown away in a first half that ended with their north...

Singapore cracks down on illegal bets during World Cup

2014-06-24 00:00:00

SINGAPORE, June 23 (AFP): Singapore police Monday said they have arrested 15 people in a crackdown on illegal betting during intense World Cup fever in the city-state, which has become notorious for football-linked crime. "Preliminary investigations revealed that the suspects...

Wimbledon stars feel World Cup fever

2014-06-24 00:00:00

LONDON, June 23 (AFP): Tennis's top stars should be concentrating on Wimbledon, which got under way Monday, but the big-name players can't help keeping an eye on the World Cup football action in Brazil. The Championships are a football-free zone:...

Ivory Coast president promises to double World Cup bonuses

2014-06-24 00:00:00

ABIDJAN, June 23 (AFP): Ivory Coast president Alassane Ouattara has told his country's footballers he will double their World Cup win bonuses if they beat Greece, the Ivorian Football Federation (FIF) said Monday. The Elephants can guarantee their place in...

sports digest

2014-06-24 00:00:00

National Archery championship begins today The 7th Grameenphone National Archery Championship begins today (Tuesday) at the Banani Army Stadium in the city. State Minister for Youth and Sports Sri Biren Sikder, MP, is expected to inaugurate the four-day ranking and...

BSRM to broaden CSR activities

Raihan M Chowdhury | 2014-06-24 00:00:00

BSRM Group of Companies, one of the winners of 5th Standard Chartered-Financial Express CSR Award has vowed to broaden its CSR activities aiming to become a symbol of ascent. "Embarking on a structured CSR department in our conglomerate, we are...

Refinancing scheme facility deadline extended up to September 30

FE Report | 2014-06-24 00:00:00

Supervisory committee of the capital market refinancing scheme will apply for the second installment worth Tk 3.0 billion this week following the disbursement of the first installment, officials said. The committee has also extended the timeframe of applying for the...

Assault on JEB official protested

2014-06-24 00:00:00

Officials and workers of Jessore Education Board (JEB) on Tuesday staged a work abstention protesting the alleged assault on one of their fellows by criminals. The board employees ceased work around 9am and gathered on the board premises where they...

Anis A. Khan elected PDBL Chairman

2014-06-24 00:00:00

The 6th Annual General Meeting of Primary Dealers Bangladesh Limited (PDBL) was held recently at a local hotel in the city, said a statement. Chief Executives/ Managing Directors and representatives, Treasury Heads of the 15 members of PDBL, Legal Advisor,...

President assents to Appropriation (Supplementary) Bill

2014-06-24 00:00:00

President Abdul Hamid on Tuesday assented to the ‘Appropriation (Supplementary) Bill, 2014’ into a law, said a handout. It said the bill was passed by Parliament in its ongoing budget session, according to a news agency.    

DSEX up 45.63 points

FE Report | 2014-06-24 00:00:00

Stocks rebounded Monday, after remaining dull in the last few sessions amid increased participation of investors, riding on banking and telecommunication stocks. The trading started with a positive note, which continued throughout the session as investors bet mainly on shares...

Citi Regional Head due today

2014-06-24 00:00:00

Valentin Garger, Managing Director and Regional Head of Financial Institutions APAC (ex-Japan), Corporate Banking, will be in Dhaka on a 2-day official visit today (Tuesday). During his visit, he is scheduled to meet senior Citi officials, key clients, and review...

Refinancing scheme facility deadline extended up to September 30

FE Report | 2014-06-24 00:00:00

Supervisory committee of the capital market refinancing scheme will apply for the second installment worth Tk 3.0 billion this week following the disbursement of the first installment, officials said. The committee has also extended the timeframe of applying for the...

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2014-06-24 00:00:00

DSE trading to continue till 1:30pm during Ramadan

2014-06-24 00:00:00

The Dhaka Stock Exchange (DSE) authority decided to shorten the trading and office hour during holy month of Ramadan, officials said. As per the decision, trading at the DSE will begin at 10:30am as usual and continue till 1:30pm instead...

Mercantile Bank Vice Chairman expires

2014-06-24 00:00:00

Md. Md. Tabibul Huq, Vice Chairman of Mercantile Bank Limited expired at United Hospital Monday. He was 62. He was the Managing Director of Creative Engineers Ltd. and Creative Paper Mills Ltd. Mr. Tabibul Huq obtained Bachelor of Science in...

Move to rein in essentials\\\' price hike turns futile

Yasir Wardad | 2014-06-24 00:00:00

The government's move to rein in essentials' price hike ahead of the Ramadan went in vein, as most of the traders in the city's kitchen markets are not following the official price chart, causing frustration among the consumers. Traders, however,...

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2014-06-24 00:00:00

Sensex, Nifty fall for 4th straight session

2014-06-24 00:00:00

MUMBAI, June 23 (Reuters): The BSE Sensex and Nifty fell for a fourth straight session on Monday, marking their lowest close in 2-1/2 weeks as ITC Ltd slumped the most in ten months on tax worries, while concerns over high...

First Security Islami Bank

2014-06-24 00:00:00

Gloomy French data hits European shares

2014-06-24 00:00:00

LONDON, June 23 (Reuters): European shares fell on Monday after euro zone business activity data showed growth slowing, with France a notable laggard, in contrast with upbeat numbers from China that lifted Asian shares and the Australian dollar. Brent crude...

Ekhanei.com promotes shop safety for online transactions

FE Report | 2014-06-24 00:00:00

Ekhanei.com has taken certain steps to end fraudulence during the online shopping.It is alleged many times the users are facing different sorts of difficulties during transactions like not receiving the receipts or money or product, product quality, leak of personal...

latest NAV RACE-managed MFs

2014-06-24 00:00:00

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2014-06-24 00:00:00

Upbeat China PMI boosts Asian equities

2014-06-24 00:00:00

TOKYO, June 23 (Reuters): Asian stocks and the Australian dollar rose on Monday as upbeat news from China's factory sector and fresh highs on Wall Street fuelled appetites for riskier assets, while crude oil held near a nine-month high as...

M-cap of 7 Sensex cos erode by Rs 320b last week

2014-06-24 00:00:00

NEW DELHI, June 23 (PTI): As benchmark BSE index Sensex shed over 122 points last week, seven of 10 most valued companies saw erosion of Rs 319.66 billion in their total market capitalisation (m-cap) during the period. Reliance Industries, ONGC...

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2014-06-24 00:00:00

Budget, investment and the economy

Nitai C. Nag | 2014-06-24 00:00:00

The Tk 2.5-trillion proposed national budget for fiscal year 2014-15 purports to achieve a growth rate of 7.3 per cent. It relies on deficit financing to the tune of 5.0 per cent of GDP (Gross Domestic Product), to be met...

World Cup 2014 and soccer prowess

Foyjul Islam Rigen | 2014-06-24 00:00:00

"Bangladeshi players can't hit big sixes regularly as most of them have grown up eating only ‘khichudi’ and no orange juice!" After that remark from the country's leading all-rounder, this writer was thinking for some time if there is any...

The President\\\'s meeting with the UN Secretary-General

M. Serajul Islam | 2014-06-24 00:00:00

The initial news of the meeting of the President of Bangladesh with the UN Secretary General in the Bangladesh media emanated from official Bangladesh sources, from aides of the President accompanying him and/or the Bangladesh Mission in New York. It...