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Landmark $19b PNG gas project makes first shipment

2014-05-27 00:00:00

SYDNEY, May 26 (AFP): The first shipment of liquefied natural gas from a landmark US$19 billion project in Papua New Guinea has left for Japan, US oil giant ExxonMobil said Monday. The project is the largest development ever undertaken in...

Oil prices down in Asian trade

2014-05-27 00:00:00

SINGAPORE, May 26 (AFP): Oil prices edged lower in subdued Asian trade Monday but retained support from concerns about a crisis in Libya as well as an upbeat demand outlook in the United States, analysts said. The US benchmark, West...

Palm oil drops to 4-1/2 month low on demand worries

2014-05-27 00:00:00

KUALA LUMPUR, May 26 (Reuters) - Malaysian palm oil futures slid to their lowest in four-and-a-half months on Monday as the ringgit continued to advance and amid worries that festival-driven demand will fizzle out faster than expected. The benchmark August...

Indian farmers likely to plant record soybean area as prices rally

2014-05-27 00:00:00

MUMBAI, May 26 (Reuters): Farmers in India are likely to boost the amount of land devoted to growing soybeans by up to 4 per cent in the crop year that begins in July, as they look to profit from a...

Global Commodity Prices

2014-05-27 00:00:00

Photo: DOBRATIN, Kosovo, Serbia: A Kosovo Albanian worker

2014-05-27 00:00:00

Hasina seeks more Japanese investment

2014-05-27 00:00:00

TOKYO, May 26 (Agencies):  Prime Minister Sheikh Hasina, now in Japan on a four-day official visit, on Monday sought more Japanese investment in her country's various sectors. She invited the members of the Japan-Bangladesh Parliamentary Friendship League to visit Bangladesh....

Mandatory installation of solar panels on building roofs goes

Shah Alam Nur | 2014-05-27 00:00:00

The government has decided to withdraw the mandatory requirement of installing solar panels on the rooftop of buildings for getting new electricity connections to households, officials said. According to the new rule, a customer will have to deposit the cost...

Global forum for taking strong measures to cut migration cost

FE Report | 2014-05-27 00:00:00

The manpower exporting and receiving countries at a global forum have agreed to take a strong initiative to reduce migration cost with a view to ensuring regular migration. Expatriates' Welfare and Overseas Employment Minister Khandker Mosharraf Hossain conveyed the outcome...

\\\'Bangladesh can cultivate technological innovation\\\'

2014-05-27 00:00:00

Prof Nawaz Sharif, a world renowned personality in the study of technological innovation in industries, has observed that Bangladesh can cultivate technological innovation for bridging prosperity gap with rich countries in the era of globalisation, reports UNB. "The big issue...

Yunus emphasises need for power of microcredit, social business

2014-05-27 00:00:00

Nobel laureate Prof Muhammad Yunus has emphasised the need for the power of microcredit and social business in tackling social problems in the context of the existing capitalist system that excludes the poorest, said a Yunus Centre release here on...

IMF\\\'s Lagarde calls for closer cooperation among central banks

2014-05-27 00:00:00

SINTRA, Portugal, May 26 (Reuters) : Christine Lagarde, managing director of the International Monetary Fund, called on Sunday for closer cooperation among the world's central banks to cope with the challenges of increasingly interlinked and complex financial systems. Speaking at...

Euro down in Asia on weak German business confidence

2014-05-27 00:00:00

TOKYO, May 26 (AFP) :  The euro extended its losses against the dollar in Asia on Monday after hitting a three-month low last week in response to a soft reading in a German business confidence index. In afternoon Tokyo trading,...

Photo: Chairman of Sonar Bangla Insurance Limited

2014-05-27 00:00:00

Photo: Guests at the participatory planning workshop on \\\"Managing Occupational Safety and Health at Workplace

2014-05-27 00:00:00

BCB appoints Heath Streak as B\\\'desh bowling coach

2014-05-27 00:00:00

Bangladesh Cricket Board (BCB) has appointed former Zimbabwe Test captain and also Zimbabwe's all-time leading all-rounder Heath Streak as specialist bowling coach of Bangladesh National team for next two years on Monday, reports UNB. Streak is expected to arrive in...

BKSP score 119 against Dhaka Metro in U-16 cricket

2014-05-27 00:00:00

Bangladesh Krira Shikkha Pratisthan (BKSP) scored 119 for all in 60.5 overs against Dhaka Metro on the first day of the two-day match of the Young Tigers U-16 National Cricket, reports UNB. Tournament at Sheikh Kamal International Cricket Stadium in...

Madhya Pradesh CA trail by 54 runs against Bangladesh

2014-05-27 00:00:00

The Madhya Pradesh Cricket Association (MPCA) Under-19 team of India trailed by 54 runs against Bangladesh U-19 team after the second day of their three-day match at the BKSP ground-3 in Savar on Monday, reports UNB. On the second day...

Cruzeiro beat Inter, take Brazilian league lead

2014-05-27 00:00:00

SAO PAULO, May 26 (AP) - Bolivian striker Marcelo Moreno scored a late goal to help defending champion Cruzeiro beat Internacional 3-1 and take the Brazilian league lead on Sunday. Cruzeiro's third win in a row left the club with...

Zia earns 2 points Int\\\'l Chess Festival

2014-05-27 00:00:00

Grand Master Ziaur Rahman of Bangladesh earned two points after the third round 'Elite Group' matches of the 6th KIIT International Chess Festival in Bhubaneswar, Odisha in India Monday, reports UNB. In the 3rd round match, Zia drew with International...

Railway beat Bachelors

2014-05-27 00:00:00

Dhaka Railway SC notched a comfortable 4-1 goals victory over Bachelors SC in the Green Delta Insurance First Division Hockey League at the Maulana Bhasani National Stadium in the city on Monday, reports UNB. Abir Bin Sayed and Bellal Hossain...

Germany eager to end World Cup third-place curse

2014-05-27 00:00:00

BERLIN, May 26 (AFP): Germany head to Brazil aiming to end their 24-year wait for a fourth World Cup title with captain Philipp Lahm insisting he is sick of finishing third. Consecutive semi-final defeats have led to Germany taking bronze...

Sharapova sails into French Open second round

2014-05-27 00:00:00

PARIS, May 26 (AFP): Seventh seed Maria Sharapova encountered little resistance as she reached the second round of the French Open on Monday with a 6-1, 6-2 win over fellow Russian Ksenia Pervak. "It's always nice to get through. First...

Araf reach final beating Tangail

2014-05-27 00:00:00

Araf Sporting Club moved into the final of the Dhaka City Corporation (North & South) Pioneer Football League beating Tangail Football Academy by 3-2 goals in the 2nd semifinal at the Bir Shreshtha Shaheed Sepoy Mostafa Kamal Stadium in Kamalapur...

sports digest

2014-05-27 00:00:00

Thousands celebrate Real's Champions League title Madrid, May 26: About 50,000 Real Madrid fans packed the Santiago Bernabeu Stadium on Sunday to celebrate their club's record 10th European Cup with a blockbuster show befitting its galactico image. Real beat city...

Photo: SYDNEY, New South Wales, Australia: Australia\\\'s Matthew Leckie

2014-05-27 00:00:00

Exploiting marine resources

2014-05-27 00:00:00

Throughout history man has relied heavily on seas or oceans. With the emergence of nation-states, the need for demarcation of maritime boundary proved indispensable. This was a sine qua non for avoiding disputes over the littoral rights. With the passage...

The perils of collateral security

Syed Ashraf Ali | 2014-05-27 00:00:00

The term 'collateral security' frequently resonates across the Board Rooms, Credit Committees and Credit Departments of the banks for evaluation of loan proposals.  Unfortunately, ignorance and negligence to identify the risks inherent in securing bank's exposure through collateral security are...

Corporal punishment creates an abhorrent society

Frank Peters | 2014-05-27 00:00:00

A best-selling controversial book that calls for a ban on corporal punishment to children in the home, schools and madrasas, has won a prestigious award from America's coveted 2014 Eric Hoffer Book Awards. Breaking the Paddle: Ending School Corporal Punishment...

Exam paper leak: a menace must be stopped

2014-05-27 00:00:00

The leak of question papers before the examinations have become a serious menace and it is weakening the entire education system. Not only the government machinery and the teachers, it is the responsibility of all the citizens to stand against...