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Ensure safety of citizens first

2014-05-17 00:00:00

Even after the High Court's order, the three former RAB officers are yet to be arrested. Why the government is taking time to arrest the alleged killers despite having clear instruction from the HC? The government would have shown its...

Stop gaming death

2014-05-17 00:00:00

The horrific 7-murder case in Narayanganj has caused great concern among the people. We, the general people, are anxious about our safety. It is a great misery that our law enforcers are involved in such heinous acts. It is a...

FIFA World Cup not too far

2014-05-17 00:00:00

The World Cup football tournament is just three weeks away and the world is eagerly waiting for this mega sports event to commence. Whenever I think of any big sports event, the first thing that comes to my mind is...

BJP declares new era in India after landslide victory

2014-05-17 00:00:00

NEW DELHI, May 16 (agencies): India's triumphant Hindu nationalists declared "a new era" in the world's biggest democracy Friday after hardline leader Narendra Modi propelled them to a stunning win, promising to revitalise the sickly economy. Preliminary results at the...

Gandhis accept \\\'responsibility\\\' for Congress defeat

2014-05-17 00:00:00

NEW DELHI, May 16 (AFP): The leaders of India's defeated Congress party, Sonia and Rahul Gandhi, admitted personal responsibility on Friday for the disastrous election results which came after 10 years in power. "We understand that victory and loss is...

Modi family swells with pride at tea boy-turned-PM

2014-05-17 00:00:00

UNJHA, May 16 (AFP): As she savoured the prospect of her brother Narendra becoming India's prime minister, Vasantiben Modi chortled at the idea that a one-time tea boy would soon be calling the shots over Delhi's traditional elite. "They can't...

US renews sanctions against Myanmar

2014-05-17 00:00:00

WASHINGTON, May 16 (agencies): President Barack Obama has renewed sanctions against Myanmar even though he said it had made some progress on reforms. Obama, who made a groundbreaking visit to Myanmar in 2012, announced the renewal Thursday in a letter...

news digest

2014-05-17 00:00:00

Chinese man kills self, 1 other with suicide bomb BEIJING, May 16: A villager ran into a meeting of local Communist Party officials in eastern China on Friday and detonated explosives strapped to his body, killing himself and one other...

Broadband for Sustainable Development

2014-05-17 00:00:00

Digital development is a transformative tool to fast-track sustainable development. In order to realize its full potential it is essential to roll-out high-speed broadband networks, making it affordable and universally accessible. The theme for WTISD-14, "Broadband for Sustainable Development",  will...

Stocks tumble for third straight week

2014-05-17 00:00:00

Babul Barman Stocks witnessed sharp decline last week for the third straight week with key index of the prime bourse hitting five-month low as investors sold shares throughout the week amid shaky confidence. The week featured four trading sessions instead...

Satkhira terracotta tiles traders in dire straits

2014-05-17 00:00:00

SATKHIRA, May 16 (UNB): Once export-oriented, the clay-made terracotta tiles industry in Satkhira has plummeted to a dreary state of business from its past glory for various reasons, including lack of government patronisation. Non-availability of loan on easy terms, non-cooperation...

Bouygues, Orange shares rise on telecom tie-up rumours

2014-05-17 00:00:00

PARIS, May 16 (AFP): Shares in French construction, telecom and media group Bouygues surged in initial trading on Friday in response to reports that the group was in talks to sell its telephone subsidiary to French giant Orange. The price...

Asian stocks sunk by mixed reports on world economy

2014-05-17 00:00:00

Hong Kong, May 16 (AP): Asian stocks sank Friday as markets took a cue from Wall Street, which had a big sell-off after a batch of mixed reports on the global economy. The economic picture from the U.S. was underwhelming....

weekly foreign exchange market review

2014-05-17 00:00:00

The local currency appreciated against the greenback last week. Bangladesh Bank also purchased some foreign currency from interbank to ease the market. We feel that market will see the same tone next week as well. The average daily inter-bank USDBDT...

Alliance finds 10 challenges to RMG fire safety

2014-05-17 00:00:00

FE Report The Alliance engineers have identified 10 challenges, including improper electric wire connections, insufficient exit facilities and lack of smoke detectors, for ensuring fire safety in the country's readymade garment industry. The other challenges are - inadequate flammable liquids...

5th Genius Scholarship launching ceremony held

2014-05-17 00:00:00

Centre for Zakat Management (CZM) launched its 5th Genius Scholarship programme for the poor but meritorious undergraduate students of the public universities and medical colleges in the city Thursday, said a press release. CZM Chairman Niaz Rahim, former secretary Dr...

Sweden fights back as Pfizer move on Astra threatens jobs

2014-05-17 00:00:00

STOCKHOLM, May 16 (Reuters) :  Swedish ministers launched a fightback on Friday against US drugmaker Pfizer's proposed takeover of AstraZeneca , which has half its roots and more than 5,000 staff in Sweden, highlighting the risks to jobs and science....

US stock futures lower, on track for down week

2014-05-17 00:00:00

NEW YORK, May 16 (Reuters) : US stock index futures fell on Friday, indicating that the Dow and S&P 500 could extend their decline to a third day as investors continued to be wary of weakness in small-cap names. Small-cap...

Cross-border tourism facilities through carnet proposed

2014-05-17 00:00:00

FE Report Speakers at a pre-budget discussion on Civil Aviation and Tourism Friday stressed on proper allocation for important tourism projects, infrastructure and utility development and training for various stakeholders for the development of tourism sector in the ensuing 2014-15...

Daffodil Computer inks deal with Snipro

2014-05-17 00:00:00

Daffodil Computer Limited (DCL) and Snipro Limited signed a strategic partnership agreement to work jointly for Government and Non-Government Projects and ICT Solutions recently. Md. Sabur Khan, Managing Director of Daffodil Computers Limited (DCL) and Saria Hossain, CEO of Snipro...

India shares soar 6pc in salute to Modi win, then retreat

2014-05-17 00:00:00

MUMBAI, May 16, 2014 (AFP): India's benchmark stock index soared over six percent to a record high Friday after right-wing opposition leader Narendra Modi scored a landslide election victory, and then pulled back on profit-taking. The Bombay Stock Exchange index,...

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2014-05-17 00:00:00

Prices of onion, ginger and few other spices up

2014-05-17 00:00:00

FE Report Prices of onion, ginger and few other spices increased on Friday comparing that of last week. Few vegetables including brinjal witnessed a hike while other commodities remained static. Onion of local variety was sold at Tk 35-38 per...

Robi Lounge at Jamuna Future Park opens

2014-05-17 00:00:00

Robi Axiata Limited, the country's second largest mobile operator, officially inaugurated its flagship customer experience center - Robi Lounge - at the Jamuna Future Park Thursday. Robi's flagship customer experience lounge has been designed to increase customer satisfaction by integrating...

Bicycle Shop BD opens

2014-05-17 00:00:00

A shop of international brand bicycle named "Bicycle Shop BD Ltd." was opened in the city Thursday. The shop will market the renowned brand bicycle--"Giant" and "Specialized", said a press release Friday.     — FE Report

Toxic Indian mangoes flood market

Yasir Wardad | 2014-05-17 00:00:00

Mango growers and traders in the biggest hubs Chapainawabganj (Chapai) and Rajshahi are in trouble as Indian mangoes have flooded the market on the eve of harvesting season. The country produces nearly 1.0 million tonnes of mango annually of which...

Move to execute agricultural master plan for coastal dists

Rezaul Karim | 2014-05-17 00:00:00

The government has taken a fresh move to implement its master plan for agricultural development in 14 coastal districts of the country's southern region, officials have said. As per the move, all relevant ministries will sit tomorrow (Sunday) at the...

Mango, litchi arrive in Khulna markets

2014-05-17 00:00:00

KHULNA, May 16 (BSS): With the beginning of Bangla month Joistha, known as 'Modhumash', the seasonal juicy fruits mango and litchi have started arriving in the Khulna markets. However, most of the city dwellers could not purchase the juicy fruits...

Govt may be harsh on used car import in next budget

2014-05-17 00:00:00

In a bid to reduce the import of reconditioned cars and encourage the import of new environment-friendly and fuel-efficient vehicles, the government seems to be harsh in the next budget on the import of used cars, reports UNB. According to...

Oil climbs higher on Ukraine uncertainty

2014-05-17 00:00:00

LONDON, May 16 (AFP): Oil prices advanced Friday as the market won support from the ongoing Ukraine crisis and upbeat data in the United States, which is the world's top crude consumer. Brent North Sea crude for July rose 28...