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DRU chief escapes abduction bid

2014-07-07 00:00:00

Miscreants tried to pick up president of Dhaka Reporters' Unity Shahed Chowdhury from the city's Bijoy Sarani crossing Sunday evening, reports UNB. Shahed Chowdhury, also the city editor of the Bangla daily Samokal, was on way to the Tejgaon newspaper...

WEATHER

2014-07-07 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty wind is likely to occur at many places over Rajshahi, Rangpur, Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions in next 24 hours till 6:00 pm today (Monday). Day and night...

Photo: Prime Minister Sheikh Hasina speaking at a meeting

2014-07-07 00:00:00

Photo: Work on Dhaka-Chittagong four-lane highway is progressing.

2014-07-07 00:00:00

Vested quarters provoked WB to cancel PBP funding: PM

2014-07-07 00:00:00

Prime Minister Sheikh Hasina alleged on Sunday that the World Bank cancelled its funding in the Padma Bridge project (PBP) being provoked by the United States and a vested quarter in the country. "The World Bank cancelled the fund being...

WB agrees to finance $250m BRT line-3 project

Munima Sultana | 2014-07-07 00:00:00

The World Bank (WB) has in principle agreed to finance in the country's third mass transport project to establish 20-kilometre bus rapid transit (BRT) lane for running buses in dedicated lane from Airport to Jhilmil project area. After a meeting...

Illegal SIM used to mint money thru VoIP

Khairul Islam | 2014-07-07 00:00:00

Telecom operators and internet-service providers have proposed building up a central database for suspected mobile SIM cards to detect illegal VoIP (voice over internet protocol) call terminations that reportedly fetched fortunes for many in the business. The proposal on SIM...

Shakib denies threatening to quit Tests, ODIs

2014-07-07 00:00:00

Bangladeshi famed all-rounder Shakib Al Hasan has denied having made any threat to quit Tests and ODI for Bangladesh, reports UNB. He made the remarks while talking to reporters at the Shahjalal International Airport Sunday on his return from London....

FBCCI steps in to contain brinjal prices

FE Report | 2014-07-07 00:00:00

The country's apex trade body stepped in Sunday to contain the prices of brinjal following its abrupt hike in the kitchen markets as the mechanism taken by the government to rein in prices failed to work, disappointing consumers, customers said....

Nahid questions basis of TIB report on pvt varsities

2014-07-07 00:00:00

Terming the TIB report on private universities 'immature, incomplete and baseless', Education Minister Nurul Islam Nahid said Sunday said the government would seek information from the TIB on what basis they prepared the research report, reports UNB. He came up...

Photo: Pedestrians have long been facing difficulties

2014-07-07 00:00:00

Photo: The number of temporary beggars has increased on the streets

2014-07-07 00:00:00

Plan to explore methane from coalmine

M Azizur Rahman | 2014-07-07 00:00:00

Petrobangla has planned to appoint a consultant to estimate the reserve of methane, a coal by-product, in Jamalganj coalmine, north off Bogra, before extraction of the coal. A top official Sunday said the government will utilise the coal-bed methane from...

BASIC Bank board of directors dissolved

FE Report | 2014-07-07 00:00:00

The government dissolved Sunday the board of directors of the scam-stricken BASIC Bank and appointed Alauddin A Majid as its new chairman to replace Sheikh Abdul Hye Bacchu, who made an unceremonious exit. Officials said the bank and financial institutions...

KL offer to build 8,400 flats gets cabinet nod

2014-07-07 00:00:00

The Cabinet Economic Affairs Committee approved 'in principle' Sunday an offer of the Malaysian government to construct 8,400 residential flats for the Rajdhani Unnayan Kartripakkha (Rajuk), the capital development authority, reports UNB. The committee at a meeting with Finance Minister...

Big jump in food import in 11 months of last fiscal

Siddique Islam | 2014-07-07 00:00:00

Country's overall imports grew by nearly 15 per cent in the first 11 months of the just concluded fiscal year (FY) 2013-14, thanks to a big (125.84 per cent) jump in import of food grains during the period, officials said....

Businesses skip tax net for lengthy procedures: IFC

Doulot Akter Mala | 2014-07-07 00:00:00

Lengthy procedures of tax compliances coupled with higher cost and unofficial payments create a web of barriers to bringing businesses onto the tax-net in Bangladesh, an IFC study reveals. On an average, 339 days are required for resolving tax disputes...

BIWTA buying dredgers without need appraisal

Syful Islam | 2014-07-07 00:00:00

The Bangladesh Inland Water Transport Authority (BIWTA) is going to procure 20 more dredgers without any need assessment, official sources said. The move to collect a number of dredgers at a time under one project has raised questions among the...

Prayer Timings

2014-07-07 00:00:00

Photo: A female worker busy working at a bangle factory at Lalbag in the city

2014-07-07 00:00:00

Photo: Adulterated iftar items being destroyed

2014-07-07 00:00:00

7.6 kg gold seized at Dhaka airport

2014-07-07 00:00:00

Customs officials and Armed Police Battalion (APBn), in two separate drives arrested two persons, with 7.6 kg of gold worth about Tk 38.2 million (3.82 crore) at the Hazrat Shahjalal (R) International Airport (HSIA) in the city Sunday. Assistant Commissioner...

Fire at Islami Bank branch

2014-07-07 00:00:00

Gazipur, July 6: A fire broke out at the Islami Bank Bangladesh Limited (IBBL) Mawna Chourasta branch in Shreepur upazila of Gazipur Sunday, burning down some of its furniture and windowpanes. Fire service officials said the fire had originated from...

China shares lower in morning trade

2014-07-07 00:00:00

Chinese shares were lower in morning trade Monday as investors awaited the release of June economic figures later this week, dealers said. The benchmark Shanghai Composite Index slipped 0.16 per cent, or 3.35 points, to 2,056.03. The Shenzhen Composite Index,...

Tokyo stocks open flat

2014-07-07 00:00:00

Tokyo stocks opened almost flat on Monday as investors waited for Wall Street to return to action after an extended weekend. The Nikkei 225 index, which ended last week at its highest level since late January, slipped 3.64 points, or...

HK stocks open 0.15% higher

2014-07-07 00:00:00

Hong Kong stocks opened 0.15 per cent higher on Monday ahead of the release of key Chinese economic data later in the week. The benchmark Hang Seng Index added 35.04 points to 23,581.40, according to AFP.

Wifi firm Gowex says results fake, heads to bankruptcy

2014-07-07 00:00:00

Spanish free wifi provider Let’s Gowex revealed on Sunday its accounts have been falsified for at least four years and said it is filing for bankruptcy protection. Gowex, which offers wifi services in world capitals including Paris and New York,...

Seoul stocks stumble

2014-07-07 00:00:00

The prices of most of the shares in South Korea’s capital markets witnessed negative trend on Monday. Seoul stocks were 0.41 per cent down when the trading closed, according to AFP.

Sydney shares slip

2014-07-07 00:00:00

The prices of most of the shares in Australia’s stock markets witnessed downward trend on Monday. Sydney shed 0.11 per cent when the session closed in the afternoon (local time), according to AFP.

Legal, political hurdles in child migrant crisis

2014-07-07 00:00:00

The legal, humanitarian and political constraints facing the Obama administration as it copes with thousands of Central American children entering the country illegally came into sharp focus in a series of interviews on Sunday. A George W Bush-era law to...