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Rohingyas still entering BD territories

2014-06-21 00:00:00

Despite the increased vigilance along the Bangladesh-Myanmar border, Rohingyas are still managing to enter the country’s water territories in small fishing boats and board small ships that reportedly take them away to Malaysia. According to sources at the home ministry,...

Chairman of Sonar Bangla Insurance Ltd

2014-06-21 00:00:00

BTCL to get ITC licence to sell internet bandwidth

2014-06-21 00:00:00

FE Report The country`s telecom regulator is going to issue another licence in International Terrestrial Cable (ITC) category to make competitive the business of bandwidth, official sources said. The licence will be issued to the Bangladesh Telecommunication Company Ltd (BTCL)...

Indian shares hit 2-week closing low

2014-06-21 00:00:00

MUMBAI, June 20 (Reuters): Indian shares fell for the third straight day on Friday, hitting their lowest close in over two weeks as Mahindra and Mahindra declined on concerns over weak monsoon, while other blue-chips slipped on risk aversion related...

Euronext flotation gets off to weak start

2014-06-21 00:00:00

PARIS, June 20 (AFP): Shares in newly floated European stock market operator Euronext fell in early trading on Friday, dipping beneath the issue price. Late on Thursday, Euronext set the issue price at 20 euros valuing it at 1.4 billion...

US stocks dip as market digests labour data, Iraq news

2014-06-21 00:00:00

NEW YORK, June 20 (AFP): Wall Street stocks Thursday edged lower in early trade as investors digested a solid report on US jobless claims but kept watch on worsening turmoil in Iraq. About 35 minutes into trade, the Dow Jones...

Local currency maintains stable tone last week

2014-06-21 00:00:00

The local currency maintained stable tone against the green back during the week of June 15 to June 19 last. The foreign exchange reserve of the country crossed $ 21 billion mark. The market will see the same tone next...

Portuguese BES bank in turmoil, stock suspended

2014-06-21 00:00:00

LISBON, June 20 (AFP): Leading Portuguese bank Banco Espirito Santo (BES) was in turmoil on Friday after press reports said its chief executive was about to leave the company and trading in its shares was suspended. Stock market authorities told...

Tokyo investors eye data, growing unrest in Iraq next week

2014-06-21 00:00:00

TOKYO, June 20 (AFP): Tokyo investors will keep an eye on fresh Japanese data next week, including inflation and household spending, as well as the ongoing violence in Iraq, analysts said Friday. "It's going to be a relatively eventless week,...

Pakistan helicopters pound rebels as 150,000 civilians flee

2014-06-21 00:00:00

BANNU, June 20 (agencies): Pakistani helicopter gunships pounded militant targets in the country's northwest Friday, killing up to 20 rebels, as the number of civilians fleeing an expected ground offensive passed 150,000. Nearly 100,000 people have left North Waziristan tribal...

Modi\\\'s push for Hindi irks regional Indian parties

2014-06-21 00:00:00

NEW DELHI, June 20 (agencies): Regional parties Friday criticised moves by India's new nationalist Prime Minister Narendra Modi to promote Hindi as the government's official language on social media, demanding English be used instead. The right-wing Bharatiya Janata Party government,...

300,000 people vote in Hong Kong democracy poll

2014-06-21 00:00:00

HONG KONG, June 20 (AFP): Almost 300,000 people took part in an unofficial Hong Kong vote on electoral reform Friday, a poll which China has condemned as fears grow that Beijing will backtrack on its promise of universal suffrage. As...

Ukraine president unveils peace plan to curb insurgency

2014-06-21 00:00:00

KIEV, June 20 (AFP): Ukraine's new Western-backed president Friday released a sweeping peace plan for curbing a pro-Russian uprising in the separatist east that is threatening the ex-Soviet country's survival. The 14-point initiative's publication followed two calls made by President...

Suicide bomber kills two on Lebanon road to Damascus

2014-06-21 00:00:00

BEIRUT, June 20, (AFP):- A suicide bomber killed two persons at a Lebanese checkpoint on the main highway from Beirut to Damascus on Friday, official media and a security source said. The attack came as members of the security forces...

Half-day strike in Sylhet Monday

2014-06-21 00:00:00

The Jamaat-e-Islami has called a half-day general strike in Sylhet City on Monday in protest against the arrest of its metropolitan unit Secretary Fakhrul Islam. The unit’s Publications Secretary Nurul Islam Babul told reporters on Saturday evening that the strike...

Iraq PM under mounting fire as US holds back on air strikes

2014-06-21 00:00:00

BAGHDAD, June 20 (agencies): Iraq's leader faced mounting criticism Friday for his Shiite-led government's failure to do more to woo the Sunni Arab minority as US President Barack Obama promised military advisers but no immediate air strikes. Iraq's top Shiite...

Spain announces tax cut plans

2014-06-21 00:00:00

Spain revealed plans Monday for sweeping tax cuts to stimulate the economy and create new jobs in a nation still grappling with stubbornly high unemployment despite a return to growth. Prime Minister Mariano Rajoy's government, which faces elections in 2015,...

news digest

2014-06-21 00:00:00

Truck bomb kills at least 35 in Syria's Hama DAMASCUS, June 20: A massive truck bomb claimed by rebels killed at least 35 people on Friday in a government-controlled village in the central Syrian province of Hama, state news agency...

Intel launches NUC PC

2014-06-21 00:00:00

Intel, a world leader in computing innovation, Saturday formally launched the Next Unit of Computing (NUC) personal computer (PC) in Bangladesh, opening up a new horizon for the country's technology market as well as tech-savvy people. "The 4-inch by 4-inch...

Sri Lanka 74-2 against England

2014-06-21 00:00:00

LEEDS, United Kingdom, June 20 (AFP): Sri Lanka, after losing the toss, were 74 for two at lunch on the first day of the second Test against England at Headingley on Friday. Kumar Sangakkara was 16 not out and Mahela...

West Indies edge closer to squaring NZ series

2014-06-21 00:00:00

PORT OF SPAIN, June 20 (AFP): Two more wickets in the afternoon session moved the West Indies closer to a series-levelling victory with New Zealand at 181 for six in their second innings, still trailing by 59 runs, at tea...

Belgium capable of winning World Cup, says Fellaini

2014-06-21 00:00:00

RIO DE JANEIRO, June 20 (AFP): Belgium can justify their outsiders tag and win the World Cup for the first time, claimed attacking midfielder Marouane Fellaini who said he'll shave off his afro-style hair if they succeed. The 26-year-old, who...

Germany wary of second-match slump against Ghana

2014-06-21 00:00:00

FORTALEZA, Brazil, June 20 (AFP): Germany will be hoping history doesn't repeat itself when they tackle Ghana in their second World Cup Group G match at Fortaleza on Saturday. Historically, the Germans have a tradition of winning their opening group...

sports digest

2014-06-21 00:00:00

Nat'l Cricket rescheduled for today The Friday's 34th National Cricket Championship match between Dinajpur and Sylhet has been rescheduled for today (Saturday) due to rain. The match was scheduled to be held at Sheikh Kamal International Cricket Stadium in Cox's...

Setting future development agenda

2014-06-21 00:00:00

The Bangladesh economy has surpassed early expectations and achieved remarkable progress with development within a relatively short span of 43 years since Independence.   This development progress compares favourably within South Asia and in the global context of all developing countries....

photo

2014-06-21 00:00:00

Message

2014-06-21 00:00:00

The organisers of the Bangladesh Economists’ Forum deserve high praise and great appreciation for launching an association of senior economists of their generation.  They include the best and brightest economists of their group. I feel very much nostalgic since I...

3 cos submit bids for Padma Bridge river training

FE Report | 2014-06-21 00:00:00

Three companies from China, Korea and Belgium Thursday submitted respective financial proposals to compete for the river-training work (RTW) of the Padma Multipurpose Bridge project. On the last day of bid submission, Sino Hydro Corporation Limited of China, Hyundai Engineering...

Chairman of Mercantile Insurance Company Limited

2014-06-21 00:00:00

Biman plans to suspend Dhaka-Frankfurt flights due to continuous losses

Ismail Hossain | 2014-06-21 00:00:00

Biman Bangladesh Airlines-- the national flag carrier - is planning to suspend its recently opened Dhaka-Frankfurt flights as the route has been incurring losses since its reopening in April last after 10 years of suspension, a Biman source said. Biman...