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Bangladesh put in Group B

2014-06-18 00:00:00

Hosts Bangladesh has been placed in six-team Group B of the AFC Under-16 Women's Championship qualifiers due in October 14-23, reports UNB. The grouping and fixture of the meet was finalized through a ceremonial draw held at the AFC House,...

sports digest

2014-06-18 00:00:00

United Varsity earn 2nd win United International University earned the 2nd consecutive victory in the Walton Smart TV Just Goal Football Tournament beating East West University by 1-0 goal at the Shaheed (Capt) M Mansoor Ali National Handball Stadium in...

Ronaldo\\\'s Portugal gone with the wind, Mueller hits hat-trick

2014-06-18 00:00:00

SALVADOR, Brazil, June 17 (AFP): Thomas Mueller scored a hat-trick in Germany's 4-0 thrashing of Portugal on Monday to shatter Cristiano Ronaldo's dreams of dominating the World Cup. Bayern Munich star Mueller bagged the first treble of his international career...

Five facts on Mueller

2014-06-18 00:00:00

SALVADOR, Brazil, June 17 (AFP): There are five facts on Thomas Mueller, the German striker who scored a World Cup hat-trick against Portugal on Monday: The Bayern Munich striker, 24, was the top scorer at the 2010 World Cup in...

Iraq formally asks US to launch air strikes

BBC | 2014-06-18 00:00:00

Iraq has formally called on the US to launch air strikes against jihadist militants who have seized several key cities over the past week. "We have a request from the Iraqi government for air power," confirmed top US military commander...

Ban Ki-moon struggles to stay neutral as UN boss

2014-06-18 00:00:00

GENEVA, June 17 (AFP): UN Secretary General Ban Ki-moon on Tuesday said he was struggling to stay neutral as his home team South Korea brace for their World Cup opener against Russia. "That's a very delicate, sensitive question for me,"...

All pre-FIFA WC doping controls test negative

2014-06-18 00:00:00

The 2014 FIFA World Cup Brazil serves as a benchmark in the development of a new strategy in the fight against doping, with the introduction of player biological profiling, including blood and urine samples for the first time at a...

BSEC fines AMAN Cotton

FE Report | 2014-06-18 00:00:00

The securities regulator Tuesday slapped a fine worth Tk 1.5 million on the AMAN Cotton Fibrous and its two issue managers for breaching securities rules by submitting fake documents to go public, officials said. The decision of imposing penalty was...

Merchant bankers seek budgetary support

FE Report | 2014-06-18 00:00:00

The merchant bankers have sought a set of budgetary supports including the fulfillment of pending demands to overcome the ‘nagging situation’ prevailing since the 2010-11 stock market debacle. At a press briefing held Tuesday, the leaders of Bangladesh Merchant Bankers...

Sir Fazle Hasan Abed receives Princeton degree

2014-06-18 00:00:00

BRAC founder and Chairperson, Sir Fazle Hasan Abed, has been awarded an honorary Doctor of Laws degree by Princeton University recently. Princeton President Christopher L. Eisgruber awarded Sir Fazle in the historic Nassau Hall of the university. This honorary doctoral...

News Briefs

2014-06-18 00:00:00

New Chairman, Vice-Chairman of AMTOB elected The Association of Mobile Telecom Operators of Bangladesh (AMTOB), the platform of all six cellular operators in the country, announced Mr. Ziad Shatara, CEO of Banglalink Digital Communications Limited and Mr. Vivek Sood, CEO...

Photo: Export Import Bank of Bangladesh Limited

2014-06-18 00:00:00

Photo: Pubali Bank Limited,

2014-06-18 00:00:00

Prime bourse dips to 5-month low

FE Report | 2014-06-18 00:00:00

Amid apparent lack of clear indications and gloomy sentiment, the market fell further Tuesday with the key index of the prime bourse dipping to five months low at 4,338.87 points. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

ICSB celebrates 4th anniversary

2014-06-18 00:00:00

The Members of the Institute of Chartered Secretaries of Bangladesh (ICSB) in a programme celebrated its 4th anniversary of Enactment of Chartered Secretaries Act-2010 recently at the Auditorium of the Dhaka University Alumni Association in the city. The programme was...

Alibaba lifts veil on \\\'partnership\\\' ahead of US IPO

2014-06-18 00:00:00

NEW YORK, June 17 (AFP): Chinese Internet giant Alibaba, the world's largest online retailer, on Monday disclosed details of its unusual "partnership" management in documents filed for its US stock offering. The filing with the Securities and Exchange Commission names...

Sensex snaps 2 days of losses

2014-06-18 00:00:00

MUMBAI, June 17 (Reuters): The BSE Sensex snapped two days of falls and ended up on Tuesday, recovering from a 1-1/2-week low hit on Monday, buoyed by gains in upstream oil and gas companies on expectations of margin expansion after...

Gazprom lists in S’pore, taps Asian investors

2014-06-18 00:00:00

SINGAPORE, June 17 (AFP): Russian energy giant Gazprom began trading on the Singapore stock exchange on Tuesday, with the company seeking to tap Asian investors following a massive gas deal with China. The Singapore Exchange (SGX) said Gazprom's global depository...

Ratnakar Bank plans IPO in Q1 of 2015

2014-06-18 00:00:00

MUMBAI, June 17 (Reuters): Ratnakar Bank Ltd plans to launch an initial public offering (IPO) of shares worth up to $250 million in the first quarter of next year, three sources directly involved in the process said on Tuesday. Ratnakar...

Hong Kong shares end 0.42pc lower

2014-06-18 00:00:00

HONG KONG, June 17 (AFP): Hong Kong shares fell 0.42 per cent on Tuesday as dealers tracked the developing crisis in Iraq while awaiting the outcome of a two-day Federal Reserve policy meeting. The benchmark Hang Seng Index dipped 97.08...

Tokyo stocks close 0.29pc higher

2014-06-18 00:00:00

TOKYO, June 17 (AFP): Tokyo stocks closed 0.29 per cent higher Tuesday on bargain hunting while a weaker yen boosted exporters, despite jitters over the unrest in Iraq. The benchmark Nikkei 225 index added 42.68 points to finish at 14,975.97,...

Photo: Technohaven Consortium

2014-06-18 00:00:00

Photo: Modhumoti Bank Limited

2014-06-18 00:00:00

Photo: President of Bangladesh Indenting Agents Association (BIAA)

2014-06-18 00:00:00

IPO Diary

2014-06-18 00:00:00

When the dream of overseas jobs turns into a nightmare

M. Serajul Islam | 2014-06-18 00:00:00

The recent incident in the Bay of Bengal in which five Bangladeshis were killed is no accident.  They were among 318 in a trawler who were trying to reach Malaysia illegally and were killed when Myanmar's human traffickers fired at...

Prospects of fisheries

Mahmudul Karim | 2014-06-18 00:00:00

Global warming, sea-level rise and a series of resultant changes in the coastal, as well as the inland aquatic environment should no longer be taken as mere conjectures of some scientists; these are now appearing more and more as stark...

Driving out river bank grabbers

2014-06-18 00:00:00

The government has sporadically carried out the programme of getting rid of unauthorised structures along the banks of the rivers surrounding the Dhaka city. The result of such drives in the past has been very frustrating. Within days after the...

Why are anti-corruption agencies more successful in some countries?

M.G. Quibria | 2014-06-18 00:00:00

Singapore and Hong Kong, which were once infested with corruption, are now virtually corruption-free.  In this transformation, the anti-corruption agencies in those countries played a pivotal role. They eradicated corruption in a relatively short period.  In contrast, countries such as...

Promoting trade

Kaniz Fatema | 2014-06-18 00:00:00

Bangladesh lacks a comprehensive trade policy. Trade-related issues in the country are governed by different policies relating to export, import, industries, SMEs, different macro-economic issues etc. Several institutions are engaged in setting different trade-related policies. Lack of co-ordination among all...