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Photo: Finance Minister A M A Muhith speaking

2014-05-15 00:00:00

HC declares BSEC notification illegal, makes rule \\\'absolute\\\'

FE Report | 2014-05-15 00:00:00

The High Court (HC) in a judgment Wednesday declared 'illegal' the much-talked-about securities regulator's notification on mandatory holding of 2.0 per cent shares by each of the sponsor-director of the listed companies. The HC bench comprising Justice Dr Quazi Reza-Ul...

Restoration of political stability, boosting economy biggest challenges in FY \\\'15: MCCI

FE Report | 2014-05-15 00:00:00

Restoration of political stability and boosting the economic growth and investments will be the biggest challenges for the government in the upcoming fiscal year, the Metropolitan Chamber of Commerce and Industry, Dhaka ((MCCI), said Wednesday. Rebuilding the image of the...

Probing irregularities in privatisation process

Shahiduzzaman Khan | 2014-05-15 00:00:00

A review of the activities of the Privatisation Commission (PC) gives a disconcerting picture. Its achievement has so far been of a miniscule nature; it could only sell four state-owned enterprises (SoEs) to the private sector since 2009. On its...

Manipulators remain out of net as BSEC keeps passing buck

Mohammad Mufazzal | 2014-05-15 00:00:00

The parties responsible for alleged manipulation in the financial disclosures of some companies willing to go public still remain out of the regulator's net, as the stock market watchdog is trying to shift its responsibility to others for such acts,...

Muhith holds Khaleda responsible for current downtrend in economy

FE Report | 2014-05-15 00:00:00

Investment shies away due to security conditions as killings, bomb attacks on innocent people have taken place this year, Finance Minister AMA Muhith said Wednesday. The 'foolish' policy of killing people has caused serious setback to economic development of Bangladesh,...

Mine blast kills 238 in Turkey

2014-05-15 00:00:00

SOMA (Turkey), May 14 (Agencies): Rescuers are hunting desperately for scores of Turkish coal miners still missing after an explosion caused a pit to collapse, killing at least 238. Dozens escaped the pit in Soma, 450km (280 miles) from Ankara,...

Legal procedure delays arrest of ex-RAB officials: State Minister

2014-05-15 00:00:00

State Minister for Home Asaduzzaman Khan Kamal Wednesday said the arrest of three former officials of Rapid Action Battalion (RAB), sacked for their alleged involvement in Narayanganj seven murders, was being delayed due to some legal procedures, report agencies. "We're...

Prayer Timings

2014-05-15 00:00:00

ILO to launch report on profits of forced labour

2014-05-15 00:00:00

The International Labour Organisation (ILO) is to launch a new report on Profits and Poverty: The Economics of Forced Labour on May 20. The study investigates the underlying factors behind forced labour. It will have a breakdown of profits based...

Nine army men hurt in grenade blast

2014-05-15 00:00:00

DINAJPUR: Nine members of Bangladesh Army were injured in a grenade explosion during training at the Kholahati Shaheed Mahbub Cantonment in Parbatipur upazila Wednesday.     — UNB  

Writ challenges drive against tinted glass

2014-05-15 00:00:00

A writ petition was filed with the High Court Wednesday challenging the legality of police drive against tinted glass on vehicles. Advocate Manzill Morshed filed the writ petition on behalf of Supreme Court lawyers Asaduzzaman Siddique and Eklas Uddin.     —...

139 policemen off to Mali

2014-05-15 00:00:00

A 139-member contingent of Bangladesh Police left Dhaka for Mali Tuesday night to join the United Nations Peacekeeping Mission there.      — UNB

If judiciary does everything, what are we supposed to do: PM

2014-05-15 00:00:00

Prime Minister Sheikh Hasina has again promised to bring the Narayanganj murder culprits to justice but said 'overenthusiastic' actions by some were creating problems for the executive branch, reports bdnews24.com The head of the executive branch expressed resentment over frequent...

Tokyo stocks tumble

2014-05-15 00:00:00

Tokyo stocks tumbled 0.88 per cent on Thursday morning as the stronger yen and a slump in Sony overshadowed data showing Japan’s economy grew faster than expected in the first three months of the year. The benchmark Nikkei 225 index...

Sony shares sink on loss warning

2014-05-15 00:00:00

Sony shares dropped nearly 7 per cent on Thursday morning as investors reacted to a warning from the Japanese electronics giant that it would remain in the red for another year after it booked a $1.26 billion annual loss. In...

There\\\'s confusion over Hasu arrest: Kamal

2014-05-15 00:00:00

The state minister for home has retracted his statement on the arrest of Narayanganj multiple murders accused Hasmat Ali Hasu saying he is ‘uncertain’ about it. Asaduzzaman Khan Kamal on Wednesday morning told bdnews24.com that Hasu, cashier to the fugitive...

HK shares 0.64% higher

2014-05-15 00:00:00

Hong Kong shares rose 0.64 per cent at the open on Thursday, extending a recent rally to a sixth straight session. The benchmark Hang Seng Index climbed 143.82 points to 22,726.59 in the first few minutes of trade, according to...

China shares slip

2014-05-15 00:00:00

Chinese shares were down in morning trade on Thursday on profit-taking in property firms, hurt by overnight losses in US stocks, dealers said. The benchmark Shanghai Composite Index slid 0.24 per cent, or 4.87 points, to 2,043.04. The Shenzhen Composite...

US stocks stumble

2014-05-15 00:00:00

US stocks moved lower in early trade on Wednesday following mixed earnings reports, snapping a two-day streak of record closing highs on the Dow and S&P 500. About 35 minutes into trade, the Dow Jones Industrial Average fell 35.00 points...

Jamaat man stabbed dead

2014-05-15 00:00:00

An activist of Jamaat-e-Islami was stabbed to death by some unidentified miscreants at Palashbari upazila in Gaibandha district on Thursday. The dead is Rustom Ali, a resident of Thutiapukur village. Police said Rustom was wanted in several cases filed with...

More abduction allegation against \\\'dismissed\\\' Rab trio

2014-05-15 00:00:00

Family members of another ruling party leader in Narayanganj on Wednesday claimed that the three Rab officials sacked for their alleged link to seven murders had also kidnapped Kanchpur union unit Awami League leader Ismail Hossain to realise Tk 20...

Anti-media posters at RMCH

2014-05-15 00:00:00

An anti-media campaign has started at Rajshahi Medical College and Hospital in a sequel to a row between intern physicians and journalists. Posters ridiculing journalists have appeared on walls at the hospital premises. Some of them appealed to doctors not...

Kamaruzzaman appeal hearing next week

2014-05-15 00:00:00

The Appellate Division will start hearing the appeal of Jamaat-e-Islami leader Mohammad Kamaruzzaman in a war crimes case on May 18. He has been awarded a death sentence by the International Crimes Tribunal (ICT) in the city a year ago....

DSE, CSE shares down

FE Online Report | 2014-05-15 00:00:00

The prices of shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) slid in early hours of trading on Thursday, maintaining the previous session’s negative trend. DSEX, the prime index of the DSE, went down 15.48 points or...

Boy killed in C\\\'nawabganj crash

2014-05-15 00:00:00

A boy was killed in a road accident in Shibtala area of Chapainawabganj town on Wednesday. The dead is Boro Mia, 15, son of Bhorosha Ali of Kamarpara village in Nilphamari district. Jasimuddin, officer-in-charge of Chapianawabganj Sadar Model Police Station,...

Hospital staff \\\'beat\\\' army men

2014-05-15 00:00:00

The staff of a private hospital in Faridpur have assaulted two army personnel, police say. The army men are Sergeant Shahidul Islam, posted at Syedpur camp, and his younger brother Belayet Hossain, a soldier posted in Chittagong. Police said the...

MoU on drug export with Sri Lanka in June

2014-05-15 00:00:00

A MoU on exporting drugs to Sri Lanka is expected to be signed next month. Foreign Minister Abul Hasan Mahmood Ali has hoped that Dhaka and Colombo would put pen to paper during the upcoming visit of the Sri Lankan...

Mixed reactions to HC verdict on 2 pc rule

2014-05-15 00:00:00

Market stakeholders have had mixed reactions to the High Court (HC) verdict that struck down the requirement for sponsor-directors to hold 2 per cent share in their listed companies. Private investors are saying they will be hit by this decision...

Rashly driven truck kills bicyclist

2014-05-15 00:00:00

A middle-aged man was killed as a recklessly driven truck crashed into a bicycle he was riding at Swarupnagar village in Chapainawabganj Sadar upazila on Thursday morning. The deceased was identified as Jaidul Islam, 50, a resident of Nayalabhanga area...