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HK benchmark index posts weekly loss

2014-06-08 00:00:00

HONG KONG, June 7 (Reuters): Hong Kong's main share index snapped a three-week winning streak on Friday, dragged down by China's state banks and a weaker Macau gaming sector. The Hang Seng Index closed down 0.7 per cent at 22,951.00...

IPO Diary

2014-06-08 00:00:00

Photo: Jamuna Bank Foundation brought out an anti-drug rally

2014-06-08 00:00:00

Photo: South Korean Ambassador to Bangladesh Lee Yun Young and Rotary Governor Ghulam Mustafa

2014-06-08 00:00:00

Bangladesh A to meet SHPC 1st ODI today

2014-06-08 00:00:00

Bangladesh A team will take on Sagicor High Performance Centre (SHPC) of West Indies in the first One Day International (ODI) of the three-match series at Kensington Oval in Bridgetown, Barbados Sunday, reports UNB. The match will begin at 7:30pm...

MSC to play Sheikh Russell KC today

2014-06-08 00:00:00

Dhaka Mohammedan Sporting Club will play holders Sheikh Russell KC in the last 2nd leg match of the Nitol-Tata Bangladesh Premier Football League at Bangabandhu National Stadium Sunday, reports UNB. The vital league match will kick-off at 6:00 pm. Dhaka...

Beach Bodybuilding begins in Cox\\\'s Bazar today

2014-06-08 00:00:00

The Walton Smart TV First Beach Bodybuilding Competition, organised by Bangladesh Bodybuilding Federation, begins Sunday at Laboni point of Cox's Bazar, reports UNB. Deputy Commissioner of Cox's Bazar M Ruhul Amin will inaugurate the three-day meet. Additional Director of the...

Eight DSA teams qualify for 2nd round

2014-06-08 00:00:00

Eight District Sports Association (DSA) teams qualified, from seven representing divisions, to play the league system second round matches of the 34th National Cricket Championship (NCC) that kicks off on June 11, reports UNB. The qualified teams-Mymensingh and Faridpur DSA...

Div I Hockey Bachelors SC beat Shishu

2014-06-08 00:00:00

Bachelors Sporting Club defeated Shishu Kishore Sangha by a solitary goal in the day's super league match of the Green Delta Insurance First Division Hockey at Maulana Bhasani Stadium Saturday, reports UNB. Suman Ali scored the all important goal for...

Argentina \\\'Fab Four\\\' to light up World Cup

2014-06-08 00:00:00

BUENOS AIRES, June 7 (AFP): Lionel Messi, Gonzalo Higuain, Sergio Aguero and Angel di Maria form one of the most sublime attacking forces in football, but their goals may not be enough to win the World Cup for Argentina. Los...

WI want revenge against NZ

2014-06-08 00:00:00

KINGSTON, Jamaica, June 7 (AFP): West Indies will be bent on revenge while New Zealand are concerned about the crooked arm of a key opposition bowler heading into the first match of the three-Test series starting Sunday at Sabina Park...

Brazil beat Serbia; Portugal snatch late win in World Cup warm-up

2014-06-08 00:00:00

SAO PAULO, June 7 (AP): Striker Fred scored early in the second half to help Brazil defeat Serbia 1-0 in its final warm-up before the World Cup on Friday. Brazil was struggling and fans were jeering the team when Fred...

Nadal, Djokovic target Paris history

2014-06-08 00:00:00

PARIS, June 7 (AFP): Rafael Nadal and Novak Djokovic clash for a 42nd time Sunday with the French Open title and a place in the record books at stake. World number one Nadal hopes to wrap up a ninth triumph...

Ten years after, Maria Sharapova still shines

2014-06-08 00:00:00

PARIS, June 7 (AFP): Maria Sharapova exploded onto the international scene 10 years ago as a 17-year-old with a spectacular straight sets demolition of Serena Williams in the 2004 Wimbledon final. On Saturday at Roland Garros she hopes to end...

sports digest

2014-06-08 00:00:00

Bangladesh Jail, Nabajagaroni win Bangladesh Jail and Nabajagaroni Sangha won their respective matches in the seven-team Walton Air Conditioner Metropolis First Division Volleyball League Saturday. Last year's runners-up Bangladesh Jail beat Madartek Mitali Sangha by 25-14, 25-14, 29-27 points while...

Photo: Jerseys of different World Cup football teams on sale at Gulistan

2014-06-08 00:00:00

Facilitating reverse flow of money stashed abroad

Maswood Alam Khan from Maryland, USA | 2014-06-08 00:00:00

With huge wealth accumulated through corruption or illegal means, hordes of black (or undisclosed)-money-holders seem to be busy moving their riches out to safer havens. With leadership crises fraying the fabrics of our society, those who are honest and eager...

Of jobs and social protection of workers

Md Mojibur Rahman Bhuiyan | 2014-06-08 00:00:00

We know sustainable jobs, secure incomes and social protection are the basics of a just economy. But the so-called globalisation, free-market economy, trade liberalisation and neo-liberal model of capitalism could not secure incomes but widened income inequality and compelled over...

Mobilising more budgetary revenue

2014-06-08 00:00:00

Finance Minister AMA Muhith placed the proposed national budget for the fiscal year (FY) 2014-15 in the Jatiya Sangsad (parliament) last Thursday. People came to know the salient features, including the fiscal measures, of the budget days before its formal...

\\\'No light at the end of the tunnel\\\'

Zaglul Ahmed Chowdhury | 2014-06-08 00:00:00

Mahbubul Alam gave an interesting twist to the dictum 'Light at the end of the tunnel' when he was the Adviser in charge of the Information Ministry in the caretaker government of Professor Iajuddin Ahmed. When confronted by the media,...

Is any hope for enclaves?

Faisal Akber | 2014-06-08 00:00:00

There are 162 enclaves between Bangladesh and India -111 Indian enclaves in Bangladesh side and 51 Bangladesh enclaves in India. The 111 Indian enclaves are spread over 17,203 acres of land in four districts - Kurigram, Lalmonirhat, Nilphamari and Panchagarh....

No to additional taxes on English-medium schools

2014-06-08 00:00:00

The government has proposed to increase taxes on the English-medium schools. In my opinion it is not a good decision as we should encourage education. Many parents, despite having a limited income, opt for sending their children to English-medium schools....

A response to clarification

2014-06-08 00:00:00

In response to FE's clarification in its issue of  June 03, 2014 on my article under the heading 'Widening the tax net' published on the previous day (June 02, 2014), I have to say the following: First, the purpose of...

Friendship with Japan rooted in history

Mohammad Amjad Hossain from Virginia, USA | 2014-06-08 00:00:00

Relations between Bangladesh and Japan date back to pre-liberation times when the former was a part of Pakistan. The government of Japan invested largely in erstwhile East Pakistan instead of West Pakistan for developing an industrial base. The first steel...

Modi\\\'s nationalist foot soldiers take centre-stage in India

Frank Jack Daniel of Reuters | 2014-06-08 00:00:00

Standing with Narendra Modi as he was sworn in as prime minister on the majestic forecourt of India's presidential palace was a cabinet made up almost entirely of ministers whose careers started in a hardline Hindu nationalist movement. After the...

US economy shows strength with solid jobs gains in May

2014-06-08 00:00:00

WASHINGTON, June 7 (AFP): US employers created more than 200,000 jobs for the fourth straight month in May, showing the country can still muster solid growth despite the weakness in Europe and other regions. The US economy added a net...

Pvt jute millers express mixed reaction

FE Report | 2014-06-08 00:00:00

The country's private jute millers have expressed their mixed reaction to the proposed budget for fiscal year (FY) 2014-15, saying there is no mention of jute sector in the budget. They also called for tax exemption at source on cash...

Garment accessories makers urge govt to amend 91 section of customs act

FE Report | 2014-06-08 00:00:00

Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) has welcomed the proposed budget for the fiscal year 2014-15 as industry and investment friendly and pro-people. In a statement, the association hailed the proposal to reduce advance income tax...

Denim show opens in Nov

FE Report | 2014-06-08 00:00:00

A two-day International denim trade show will kick off in the city on November 11 next aiming to help flourish the denim sector. Denim Expert Limited will organise "Bangladesh Denim Expo" to popularise the Bangladesh brand through making it 'One...

Britain\\\'s economic recovery strong but open to shocks: IMF

2014-06-08 00:00:00

LONDON, June 7 (AFP): Britain's economic recovery is robust and becoming more balanced, but action must be taken to deal with a housing shortage that is causing prices to spiral, the International Monetary fund said Friday. The IMF report into...