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Militants strike largest oil refinery in Iraq

2014-06-19 00:00:00

KIRKUK, June 18 (agencies): Iraq's premier vowed Wednesday to "face terrorism" and insisted security forces had suffered a "setback" rather than defeat, as militants pressing a major offensive attacked the country's largest oil refinery. Militants seized three villages in northern...

Afghan election in peril over Abdullah\\\'s fraud claims

2014-06-19 00:00:00

KABUL, June 18 (AFP): Afghan presidential election candidate Abdullah Abdullah on Wednesday demanded a halt to vote-counting over fraud allegations, taking the country to the brink of a political crisis during its first democratic transition of power. Abdullah ramped up...

Pakistan eases curfew as bigger offensive looms

2014-06-19 00:00:00

MIRANSHAH, June 18 (AFP): Pakistan eased a curfew in a tribal area Wednesday to allow civilians to flee a major offensive against the Taliban, signalling a likely escalation in the campaign as the US hit the militants with drone strikes....

Muslims demand UN probe into Sri Lankan religious riots

2014-06-19 00:00:00

BERUWALA, June 18, (agencies): The main Muslim party in Sri Lanka's ruling coalition Wednesday demanded a UN probe into one of the country's worst-ever religious riots, as President Mahinda Rajapakse toured the violence-hit resort region. The Sri Lanka Muslim Congress...

Myanmar rights festival cancels anti-Muslim unrest film

2014-06-19 00:00:00

YANGON, June 18, (AFP): Citing fears of fuelling sectarian tensions, Myanmar's human rights film festival said it had cancelled the screening of a documentary about a friendship that crossed religious divides during deadly anti-Muslim violence. Organisers of the Human Rights...

news digest

2014-06-19 00:00:00

Al-Jazeera reporter held in Egypt freed CAIRO, June 18: An Al-Jazeera Arabic service journalist who had been on hunger strike for more than four months to protest his prolonged detention without charges in Egypt has been released in Cairo.   Abdullah...

Photo: UKRAINE : Women cry during a rally in support of the self-proclaimed \\\"Donetsk People\\\'s Republic\\\"

2014-06-19 00:00:00

Photo: MALAYSIA : Refugee youths from Chin refugee community in Myanmar

2014-06-19 00:00:00

Swelling revenue expenditures & people\\\'s well-being

2014-06-19 00:00:00

The continuous surge in non-development revenue expenditure of the government has been an unsavoury outcome of budgetary management. This is more so because the government is forced to downsize its original development budget at the end of a fiscal year...

Gender-sensitive budget: Focus on implementation

Rahman Jahangir | 2014-06-19 00:00:00

The proposed budget for fiscal year (FY) 2014-15 has a gender bias as it has been in the past.  All projects and programmes to be undertaken for women's empowerment in the next fiscal year offer scope for almost half of...

Littering — A social problem

Ridwan Quaium | 2014-06-19 00:00:00

Our beloved capital, Dhaka is rated as the most unliveable city on the planet. One of the reasons for this is because Dhaka is very dirty; open garbage can be found and bad odour of garbage can be smelled in...

Japanese investments

2014-06-19 00:00:00

The prime minister during her recent visit to Japan asked Japan government and private investors to make investments in Bangladesh. It may be mentioned that Japan invested in Chittagong steel mills during 1963-67. Unfortunately this mill was closed down by...

Tigers disappoint again

2014-06-19 00:00:00

The Tigers have shocked us again. Despite bundling out the visiting Indian team for a paltry 105 runs they failed to cross the mark and became all out in 58 runs. Debutante Taskin took five wickets giving away only 28...

Deteriorating quality education and a few suggestions

2014-06-19 00:00:00

The admission test result of Rajshahi University shows that only 25 students have passed in English from A unit of Arts Faculty for the current session. The number of admission seekers was 21168 and many of them scored A+ mark...

Why delay ratification of the UN Convention?

MS Siddiqui | 2014-06-19 00:00:00

Water is the most important global resource these days, and disputes keep festering over the right to it. Diversion of water from rivers tripled in the past 50 years, mostly for the purpose of irrigation. Even entire flows of some...

Ukraine crisis: Russia retaliates

Zaglul Ahmed Chowdhury | 2014-06-19 00:00:00

Russia has dealt a severe blow to Ukraine by stopping gas supply to the hostile neighbouring nation. This has further complicated the Ukraine crisis. The development followed the failure of last-ditch talks hosted by Ukraine to end a dispute over...

Spurring growth of agribusiness sector

Ferdaus Ara Begum | 2014-06-19 00:00:00

The fact that agriculture plays a critical role in Bangladesh's employment backbone is no news to anyone. Agricultural activities, both at the field, where crops are grown, and at plants where the produce is processed, packaged and then shipped constitute...

Regulating Islamic windows of conventional banks

Chowdhury Shahed Akbar | 2014-06-19 00:00:00

At the very beginning of Islamic banking in the country there were only full-fledged Islamic banks, not any 'Islamic window.' With a substantial growth in business of the Islamic banks and the growing demand from customers the conventional banks also...

Cement, engineering, pharma, bank issues dominate trading

FE Report | 2014-06-19 00:00:00

The market ended flat in green Wednesday with sluggish trading activities as investors remained shaky amid gloomy market sentiment. The market started with a upward trend like previous few sessions, but could not sustain. Eventually, DSEX, the prime index of...

Dhaka Bank organises Tk 1980m syndicated loan for KDS Logistic

2014-06-19 00:00:00

A "Signing & Cheque Handover Ceremony" for the syndicated term loan facility of BDT 1980.00 million for KDS Logistics Limited was held Tuesday. Dhaka Bank Limited is the mandated Lead Arranger and Agent Bank for the syndication. Governor of Bangladesh...

BTRC issues 2 NIX licences

FE Report | 2014-06-19 00:00:00

Country`s telecom regulator -BTRC has issued two new licences in National Internet Exchange (NIX) category to bring down interruption in domestic internet traffic and save bandwidth. Chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC) Sunil Kanti Bose handed over the...

News Briefs

2014-06-19 00:00:00

GP revises SIM prices Grameenphone has recently decided to increase the price of SIM cards, as a direct consequence of proposed tax on SIM replacement in national budget for financial year 2014-15. From now on, all new prepaid SIM will...

Photo: The election of working committee and executive conference for 2014/16 tenure of Dhaka Chapter of OFA

2014-06-19 00:00:00

Sensex falls over 250 points on Iraq conflict

2014-06-19 00:00:00

MUMBAI, June 18 (Reuters): The BSE Sensex and Nifty slipped more than 1 percent on Wednesday, falling for three out of four sessions as blue-chips including oil refiners slumped on concerns about the impact of higher oil prices on inflation...

European stock markets up

2014-06-19 00:00:00

LONDON, June 18 (Reuters): European stock markets edged up on Wednesday to go back within reach of multi-year highs reached last week, with insurer Aegon rallying after announcing a share buyback programme. However, gains on the stock markets were capped...

Stock exchange pricing model comes under fire at Senate hearing

2014-06-19 00:00:00

WASHINGTON, June 18 (Reuters): The pricing model used by US stock exchanges to attract liquidity came under fire on Tuesday, as a top Wall Street executive called for ending the practice and two US  senators raised concerns about the potential...

Hong Kong shares end flat

2014-06-19 00:00:00

HONG KONG, June 18 (Reuters): Hong Kong shares finished a choppy session little changed on Wednesday, with turnover staying low as global markets brace for results from the US Federal Reserve policymaking meeting. The Hang Seng Index closed down 0.1...

US stocks edge lower as investors eye Fed

2014-06-19 00:00:00

NEW YORK, June 18 (AFP): Wall Street stocks Wednesday opened slightly lower as investors looked ahead to a policy announcement from the US Federal Reserve later in the day. Six minutes into trade, the Dow Jones Industrial Average fell 27.00...

Creating new entrepreneurs stressed

2014-06-19 00:00:00

Governor of Bangladesh Bank (BB) Dr Atiur Rahman Thursday emphasised on creating new entrepreneurs for the development of the country. "Nearly 55 per cent of the total population of the country is youth and it is possible to build our...

Punj Lloyd hits 52-week high

2014-06-19 00:00:00

MUMBAI, June 18 (Business Standard): Punj Lloyd has soared 20 per cent to Rs 57.70, also its 52-week high on BSE, on back of heavy volumes. Till 1305 hours, a combined 49.37 million shares representing over 15 per cent stake...