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RMG workers stage demo over Ctg factory layoff

Our Correspondent | 2014-06-02 00:00:00

CHITTAGONG, June 1: Workers of a garment factory in the port city staged demonstration Sunday as the authority decided to suspend production having no export orders in hand. The Ambia Garments declared suspension of production at 11:00 am Sunday. About...

BD-Myanmar border still tense

2014-06-02 00:00:00

Bangladesh still wants to take forward the "growing relations" with Myanmar, the foreign minister has said a couple of days after a Bangladeshi border guard was killed by its forces, report agencies. Abul Hassan Mahmood Ali was replying to questions...

57m still out of school globally

2014-06-02 00:00:00

The goal of Universal Primary Education (UPE) is likely to be missed by a wide margin as nearly 57 million children around the world are still out of school, reports BSS. With the deadline for achieving the Education for All...

Photo: State minister for energy and power Nasrul Hamid

2014-06-02 00:00:00

CPD questions BBS’s GDP growth figure

FE Report | 2014-06-02 00:00:00

Local think-tank Centre for Policy Dialogue (CPD) questioned Sunday the country's economic growth estimation prepared by the Bangladesh Bureau of Statistics (BBS) recently for the outgoing fiscal year. The CPD said Bangladesh's gross domestic product (GDP) cannot grow at so...

PDB in haste to recommend highly expensive private power plant

M Azizur Rahman | 2014-06-02 00:00:00

The Power Development Board (PDB) has recommended an unsolicited private sector offer to build one 300 megawatt (MW) furnace oil based power plant that, according to a senior PDB official, would eat up government subsidy worth Tk.15 billion annually. If...

BB imposes curb on buyers\\\', suppliers\\\' credits for import

FE Report | 2014-06-02 00:00:00

The central bank has imposed a restriction on short-term buyers' and suppliers' credits from overseas sources for import to minimise repayment risks. Under the restriction, the payment will have to be made on a quarterly basis, if the import value...

Deadline for overhauling CNG autos may be extended

Munima Sultana | 2014-06-02 00:00:00

The government is likely to extend the deadline of overhauling work of CNG auto-rickshaws for one more year to avoid hassle by traffic police as its certification authority would not be able to complete examining all the four-stroke vehicles within...

Businesses to urge China to invest in BD SEZs during Beijing tour

FE Report | 2014-06-02 00:00:00

The country's business leaders will request Chinese entrepreneurs to come up with large-scale investments in the special economic zones (SEZs) in Bangladesh during their upcoming visit to China. "We will call upon the Chinese entrepreneurs to invest money and develop...

Four projects get nod from purchase body

2014-06-02 00:00:00

The Cabinet Committee on Government Purchase Sunday approved four proposals, including procurement, for services and work from Atomstroyexport of Russia under a third agreement for installing the first phase of Rooppur Nuclear Power Plant (RNPP), reports UNB. "As per the...

SC stays buyback order for Annisul

2014-06-02 00:00:00

The Chamber Judge of the Appellate Division Sunday stayed operation of the High Court (HC) judgment that directed the majority shareholders of Desh Energy Ltd to purchase shares of the minority shareholders in the company, a lawyer said. Majority shareholders...

Pabna shooting toll rises to 4

2014-06-02 00:00:00

PABNA, June 1: A local Jubo League leader, who sustained injuries in a gun attack at Pushpapara Bazar on Pabna-Nagarbari highway Saturday night, died Sunday morning, raising the death toll from the incident to four. The deceased was identified as...

Prayer Timings

2014-06-02 00:00:00

Tokyo stocks stocky

2014-06-02 00:00:00

Tokyo stocks rose strongly on Monday morning with the Nikkei up 1.79 per cent as the yen sank in currency markets and after Wall Street logged record closings last week. The benchmark Nikkei 225 index added 262.42 points to 14,894.80...

Dow, S&P 500 at fresh records; Nasdaq dips

2014-06-02 00:00:00

The Dow and S&P 500 on Friday closed at new records following fresh merger and acquisition activity, even as the Nasdaq Composite Index dipped slightly. The Dow Jones Industrial Average gained 18.43 (0.11 per cent) to 16,717.17, edging above the...

Tk 2,096.1m approved for JS for next FY

2014-06-02 00:00:00

The Parliament Secretariat Commission on Sunday approved Tk 2,096.1 million for the Jatiya Sangsad (JS) for the next fiscal year (2014-2015). The approval came at the 25th meeting of the Commission held at Parliament with Speaker Dr Shirin Sharmin Chaudhury...

Policeman questioned in Ctg madrasa blast case

2014-06-02 00:00:00

Hearing the plaintiff in a case of bomb explosion at a madrasa in Chittagong city has ended. Defendant’s lawyer Abdus Sattar questioned plaintiff sub-inspector Md Golam Nawaj at the First Additional Metropolitan Judge’s court in the port city. After the...

Manish Kolkata\\\'s macho man: KKR lift 2nd IPL title

2014-06-02 00:00:00

Riding on Manish Pandey's brilliant 50-ball 94, Kolkata Knight Riders (KKR) have won their 2nd Indian Premier League ( IPL) title in three years with a 3-wicket win over Kings XI Punjab. Manish Pandey’s innings made sure Wriddhiman Saha’s valiant...

Seoul shares rise

2014-06-02 00:00:00

The prices of most of the shares in South Korean capital markets witnessed upward trend in early trade on Monday. Shares at Kospi – the Seoul stock exchange – were up 0.2 per cent in the morning, according to AFP.

Sydney stocks soar

2014-06-02 00:00:00

Sydney stock exchange, the Australian bourse, saw upward trend in the early trading on Monday. The prices of shares marked a modest 0.3 per cent rise in morning trade, according to AFP.

Businessman stabbed dead by muggers

2014-06-02 00:00:00

A local businessman was stabbed to death by some muggers in Burichang upazila in Comilla district on Sunday night. The dead is Masud Rana, 35, son of late Shahadat Ali, a resident of Korpai village in the upazila. Police said...

Miscreants kill man after gouging out his eyes

2014-06-02 00:00:00

Miscreants gouged out the eyes of a man and then strangulated him to death after calling him out of his house at Muradnagar upazila in Comilla at sometime between Saturday night and Sunday morning. The dead is Sumon Chandra Banik,...

Budget session begins tomorrow

2014-06-02 00:00:00

The parliament goes into the budget session tomorrow (Tuesday). This is the first time since the restoration of parliamentary democracy in 1991 that the BNP will not have any participation in the session. The party, which was either in the...

Mizanur\\\'s 1st janaza held in Bandarban

2014-06-02 00:00:00

The first namaz-e-janaza of BGB member Nayek Mizanur Rahman killed in firing by Myanmar Border Guard Police (BGP) was held at 9:00am on Monday at the BGB's Naikhonchhari headquarters. Rahman's body will be flown to his home district Comilla for...

PM unhappy about parliament\\\'s maintenance

2014-06-02 00:00:00

Prime Minister Sheikh Hasina appears upset with the slow progress of repairs in the parliament building. During a meeting of the Parliament Commission on Sunday, she was also critical of the initiative to install new air-conditioners in the house. Hasina...

Stocks see positive trend at opening

FE Online Report | 2014-06-02 00:00:00

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Monday, the second trading day of the week. DSEX, the prime index of the...

Youth hurt in rival attack dies in Madaripur

2014-06-02 00:00:00

A young man who was injured in an attack by his rivals at Korpi village in Madaripur Sadar upazila on Sunday afternoon died on way to Dhaka early Monday. The deceased was identified as Shakil Bepari, 17, son of Moksed...

Speakers stress dissemination of agri-information to boost output

2014-06-02 00:00:00

Wide-ranging dissemination of agricultural information to the grassroots farmers through effective utilisation of mass media is vital for boosting the existing farm outputs, speakers have said at a seminar in Rajshahi city. They viewed that an effective and rapid dissemination...

Celebrations as India gets new state of Telangana

2014-06-02 00:00:00

Celebrations erupted in southern India to mark the creation of the new state of Telangana on Monday at the culmination of a separatist campaign stretching back nearly six decades. Kalvakuntla Chandrashekar Rao, who at one stage went on hunger strike...

Tk 45m water supply project in Muktagachha

2014-06-02 00:00:00

Muktagachha municipality has taken a massive programme to supply safe drinking water and ensure sanitation in the next fiscal year (2014-2015). The Public Health Engineering Department (DPHE) will implement the programme at a cost of Tk 45 million with the...