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Mariner, Prime SC earn win

2014-05-25 00:00:00

Dhaka Mariner Youngs Club and Prime Sporting Club won their respective matches in the Cute Premier Handball League at the Shaheed (Capt) M Mansur Ali National Handball Stadium in the city Saturday, reports UNB. In the day's first match, Dhaka...

Rivals wary of Nadal backlash

2014-05-25 00:00:00

PARIS, May 24 (AFP): Rafael Nadal might be seen by some as losing his grip on the French Open crown, but his main rivals for the title don't share that view ahead of Sunday's opening day at Roland Garros. The...

sports digest

2014-05-25 00:00:00

Watford sign goalkeeper Gomes LONDON, May 24: Championship side Watford have signed Brazilian goalkeeper Heurelho Gomes on a free transfer from Tottenham. "Heurelho Gomes has agreed terms on a one-year deal at Vicarage Road and will officially become a Watford...

Photo: BAD TATZMANNSDORF (Austria): (L to R) Croatian players

2014-05-25 00:00:00

10,000 men, air defence to secure Modi\\\'s swearing-in

2014-05-25 00:00:00

An 'impregnable' air defence system in the sky and about 10,000 security personnel on the ground will guard heads of state and government and some 3,000 dignitaries attending Narendra Modi's swearing-in as the prime minister of India at Rashtrapati Bhavan...

Photo: ANTIBES (France): French former tennis player Henri Leconte and Florentine Leconte

2014-05-25 00:00:00

Mercantile Bank\\\'s move to facilitate industrial growth

Doulot Akter Mala | 2014-05-25 00:00:00

Managing cost of fund, encouraging low cost deposits and lowering higher rate of bank loans are the top priorities of Mercantile Bank Ltd to facilitate industrial growth of the country, the Bank's Managing Director (MD) & Chief Executive Officer (CEO)...

Financial Reporting Act bill likely to be passed in next JS session

FE Report | 2014-05-25 00:00:00

The bill on the proposed Financial Reporting Act (FRA) is likely to be passed by the Jatiya Sangsad (JS) in its upcoming budget session for setting up the Financial Reporting Council (FRC), officials said.      The officials of the Bangladesh Securities...

Seminar on export diversification tomorrow

2014-05-25 00:00:00

International Growth Centre (IGC) and BRAC Institute of Governance and Development (BIGD), BRAC University will hold a dissemination seminar on 'Reducing Vulnerability in Export Performance: The Export Diversification Challenge in Bangladesh' tomorrow (Monday). Dr. Zaidi Sattar, Chairman, Policy Research Institute...

Singer launches FIFA campaign today

2014-05-25 00:00:00

Singer Bangladesh Limited officially launched its new campaign "Singer Bishwa Kapano Offer' targeting FIFA World Cup Football Brazil - 2014. The campaign starts today (25 May, 2014) and will remain valid till the Final day of World Cup, which is...

News Briefs

2014-05-25 00:00:00

NAV of MTB Unit Fund disclosed Alliance Capital Asset Management Limited has declared the Net Asset Value (NAV) of MTB Unit Fund. The total NAV of MTB Unit Fund stood at Tk  351,426,303.74 on the basis of cost price and...

India best performing equity mkt in Asia-Pacific for 2014

2014-05-25 00:00:00

MUMBAI, May 24 (Reuters): The BSE Sensex rose more than 1 per cent on Friday, making India the best performing equity market in Asia-Pacific for 2014 in dollar terms. The benchmark has gained 2 per cent this week on continued...

Triune Group signs deal with Airwaves

2014-05-25 00:00:00

Country's leading Media, PR and Communications house, Triune Group has signed a deal with Airwaves International of Dubai, UAE for better marketing Bangladesh's aviation and tourism related products worldwide. Vasco Furtado, Managing Partner, Airwaves International and Shamshad Ahsan, Chief Executive...

S&P 500 ends at record on housing, HP

2014-05-25 00:00:00

NEW YORK, May 24 (Reuters): The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said...

Rupali Bank to grab new businesses through automation

FE Report | 2014-05-25 00:00:00

Rupali Bank Limited is now operating on full computerised system. "All 532 branches of the bank are running by computerized system. Besides, online and ATM services are also available to serve our clients," Rupali Bank chairman Dr. Ahmad al- Kabir...

Hong Kong shares end up

2014-05-25 00:00:00

HONG KONG, May 24 (Reuters): Hong Kong shares finished slightly up on Friday, helped by stocks of Chinese property developers which were buoyed by further signs of relaxation from the housing authorities. The Hang Seng Index closed up 0.1 per...

Matin Spinning Mills Limited

2014-05-25 00:00:00

Company Profile Matin Spinning Mills Limited (MATINSPINN) is a manufacturer and marketer of combed and carded yarn, made from raw cotton. The company was incorporated in 2002. It started its commercial operation four years later in 2006. Later in 2010,...

Thailand: Democracy moans in pain

Maswood Alam Khan from Cockeysville, Maryland, USA | 2014-05-25 00:00:00

After Thailand's army declared martial law at dawn on Tuesday (May 20), military officials said "This is not a coup. People don't need to panic". A curfew was imposed; but nobody bothered. Tourists and pedestrians were posing with the soldiers...

China-Russia is a match made in heaven

Anatole Kaletsky of Reuters | 2014-05-25 00:00:00

As Russian President Vladimir Putin signed Russia's historic $400 billion gas-supply agreement with China, he must have felt the satisfaction of a chess grandmaster revealing the inexorable outcome of a complicated endgame. In theory, the next phase of the chess...

City\\\'s acute water crisis

2014-05-25 00:00:00

Dhaka, the capital city of Bangladesh, has this year been adjudged the worst city on earth. The reasons for making such an assessment could be many. But, to a large number of its residents, the city deserves to be adjudged...

Making Pangaon Container Terminal fully operational

Shahiduzzaman Khan | 2014-05-25 00:00:00

Despite repeated appeals by the government, the country's businessmen are reluctant to use the Pangaon Container Terminal built at South Keraniganj of Dhaka district. As such, the terminal could not be made fully functional since its inauguration by the Prime...

Simple steps for solving traffic jam in Dhaka

Tanvir Raquib | 2014-05-25 00:00:00

Life in Dhaka can be unbearable due to constant traffic jam on almost every road and street.  During my recent visit to Seoul, I noticed Seoul also has high rise office buildings and apartments just like in Dhaka but the...

Need for safer parks

2014-05-25 00:00:00

My daughter and I were taking our regular stroll in the President Shahabuddin Park at Gulshan recently when we noticed a commotion involving the police, Sir Frank Peters, a campaigner against corporal punishment, and an alleged mugger. Out of curiosity,...

Creative questions on maths

2014-05-25 00:00:00

Though creative questions have been introduced in almost all subjects of the SSC level since a few years back, those on mathematics are going to be set next year. Creative questions on mathematics in the JSC will also be introduced...

Anti-World Cup protest in Brazil

2014-05-25 00:00:00

The world is eagerly waiting for the World Cup football to commence as it is the biggest sport festival on earth. As elsewhere in the world, the sports-lovers of Bangladesh are also waiting for this mega event to unfold. Now...

Commodity exchange key to fair prices

Rahman Habib | 2014-05-25 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has moved to set up a commodity market to provide a platform for producers to get fair prices and hedge risks of their products. The move came after an amendment to the Securities...

Bangladesh agriculture -- prevailing realities

Sarwar Md Saifullah Khaled | 2014-05-25 00:00:00

Bangladesh is one of the least developed countries in the world. The majority of its people depend on agriculture for survival. Despite planned efforts by the government to increase agricultural productivity for over four decades, the growth and output in...

Businessmen to seek Japanese infra support during Tokyo tour

Talha Bin Habib | 2014-05-25 00:00:00

Bangladeshi businessmen will request their Japanese counterparts to scale up imports from Bangladesh and increase investment to help narrow the trade gape between the two countries, a trade body leader said. A business delegation lead by the Federation of Bangladesh...

Biman moves to procure foreign crew for NY flight amid concern over financial viability

2014-05-25 00:00:00

State carrier Biman is looking for crew, maintenance and insurance coverage for its Boeing 777-300ER aircraft from an internationally rated country to resume its Dhaka-New York flight. The Biman Bangladesh Airlines invited Request for Proposal for crew, maintenance and insurance...

‘Govt cannot avoid responsibility for Narayanganj murders’

2014-05-24 00:00:00

Holding the government responsible for the killings of seven people in Narayanganj, Jatiya Party chairman HM Ershad on Saturday said the killers must be brought to justice. “The government can’t avoid the responsibility for the seven murders in Narayanganj. The...