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US changes visa rules to keep foreign talent

2014-05-07 00:00:00

The United States said Tuesday it will soon start issuing work visas to the spouses of some foreign workers as part of a drive to retain highly skilled people. The change will affect the spouses of people with so-called H-1B...

South Africa in post-Mandela vote

2014-05-07 00:00:00

South Africans are voting in general elections as the country marks 20 years since the end of white-minority rule. The African National Congress (ANC) is tipped to win, returning President Jacob Zuma for a second five-year term. These are the...

Death toll hits 43 in Assam attacks on Muslims

2014-05-07 00:00:00

Indian police discovered five more bodies of women and children Wednesday after a "barbaric" rampage by tribal separatists targeting Muslims in northeast Assam, taking the total number killed to 43, officials said. The bodies were found as authorities continued their...

BD eager to import electricity from Bhutan

2014-05-07 00:00:00

Bangladesh wants to import electricity from neighbouring Bhutan to help meet its growing energy demand as the landlocked South Asian country has huge potential to generate hydroelectricity. State Minister for Foreign Affairs M Shahriar Alam conveyed the Bangladesh interest to...

Padma Cement shares de-listed

2014-05-07 00:00:00

The board of directors of Dhaka Stock Exchange (DSE) Limited has decided to de-list the shares of Padma Cement Limited from the exchange with effect from Wednesday. The DSE board took the decision in its 769th meeting held on April...

‘BD to take water issue to int’l forum’

2014-05-07 00:00:00

Water Resources Minister Barrister Anisul Islam Mahmud on Wednesday said the government will place the regional water issue at the international forum if it fails to realise equitable share of water of trans-boundary rivers through negotiations with India. “We want...

Air quality worsening in world\\\'s cities

2014-05-07 00:00:00

Most city dwellers around the world are exposed to air pollution levels that are considered unsafe, and the situation is getting worse, according to a World Health Organization report Wednesday. "Globally, unfortunately, the situation of air pollution is deteriorating," Maria...

Alibaba files for public share sale

2014-05-07 00:00:00

Chinese internet giant Alibaba has filed documents for a public share sale in the US, which is widely expected to be one of the biggest in history. In its filing, the company said it was seeking to raise $1 billion...

Global Economy gains slow recovery: ICCB

2014-05-07 00:00:00

The growth in the developing countries is at its best, it is still slower than the pre-crisis period, according to a leading trade body. The global economic recovery, despite some hiccups, seems to have gained some steam, said an editorial...

Archaeologists find 5,600-year-old tomb in Egypt

2014-05-07 00:00:00

Archaeologists in southern Egypt have discovered a 5,600-year-old preserved tomb and mummy predating the First Dynasty of the pharaohs, the antiquities ministry said Wednesday. The tomb was built before the rule of king Narmer, the founder of the First Dynasty...

Online VAT system from 2015: NBR

2014-05-07 00:00:00

A new online value added tax (VAT) system will be introduced by the National Board of Revenue (NBR) from mid of next year (2015) to facilitate the online payment of the duties. According to official sources, the NBR has already...

GP brings Internet-enabled Symphony D51i handset

2014-05-07 00:00:00

Private mobile phone operator Grameenphone has brought in an Internet-enabled mobile handset at lowest cost in Bangladesh. The Symphony D51i handset priced Tk 1490 comes with attractive free Data package from Grameenphone. The handset was unveiled at GP House in...

Photo: Farmers in Chalanbil, Natore passing a busy time

2014-05-06 00:00:00

Photo: CID personnel at the residence of a couple at Fatulla in Narayanganj

2014-05-06 00:00:00

MoF decides to go tough on loan irregularities in SoCBs

Rezaul Karim | 2014-05-06 00:00:00

The government has decided to take tough action against irregularities in loan approval and sanctioning process in the state-owned commercial banks (SoCBs), officials said. A decision to this effect was taken at a meeting of the Bank and Financial Institutions...

Benapole on red alert to check escape of 7-murder accused

2014-05-06 00:00:00

The High Court (HC) has ordered to form a committee to probe alleged involvement of law enforcers in the Narayanganj seven murders, report agencies. An HC bench issues the suo-moto rule Monday, a day after one of the victim's relatives...

Inward remittances fall slightly in April

FE Report | 2014-05-06 00:00:00

The flow of inward remittances fell slightly in April from that of the previous month despite improvement in prevailing political situation. The remittances from Bangladeshi nationals working abroad were estimated at US$1.23 billion in April, less by $ 56.21 million...

None involved in N\\\'ganj abduction, killing to be spared

2014-05-06 00:00:00

Issuing a strong note of warning, Prime Minister Sheikh Hasina Monday said the government would not spare anyone involved in the recent abduction and killing of seven people in Narayanganj, reports UNB. "We won't spare anyone involved in the abduction...

NY firm to invest $200m for RMG modernisation

Ismail Hossain | 2014-05-06 00:00:00

A New York-based investment firm is planning to invest a significant portion of its US$1.0 billion global fund in the ready-made garment (RMG) and textile industries of Bangladesh. "Modernisation and transformation of the country's apparel and textile industries will be...

BB to introduce rules on outsourcing by banks

FE Report | 2014-05-06 00:00:00

The central bank is going to introduce guidelines on outsourcing arrangements for the banks to avert risks and monitor compliance with regulatory requirements. "We've released draft guidelines on outsourcing arrangements seeking opinions from the stakeholders by May 15," a senior...

Prayer Timings

2014-05-06 00:00:00

Transit expenses increased to $500 for students

2014-05-06 00:00:00

The Bangladesh Bank has enhanced transit expenses released by the Authorized Dealer banks to US$ 500 from US$ 200 for Bangladeshi students studying abroad.  The central bank issued a circular Monday to all Authorized Dealers of Foreign Exchange in Bangladesh...

US Deputy Assistant Secretary of State due today

2014-05-06 00:00:00

US Deputy Assistant Secretary of State for South and Central Asian Affairs Fatema Z Sumar will start her two-day visit to Bangladesh today(Tuesday). During her visit, Sumar will meet government officials and business leaders to discuss Bangladesh's role in trade,...

Bangladeshi killed on Joypurhat border

2014-05-06 00:00:00

JOYPURHAT, May 5: Indian Border Security Force (BSF) today shot dead a Bangladeshi citizen on Hatkhola frontier under Panchbibi upazila of the district.  The deceased was identified as Jony Islam(30), son of Anwar Hossain of Shreemantapur village.     — BSS

China shares down

2014-05-06 00:00:00

Chinese stocks fell in morning trade on Tuesday on worries that a flood of upcoming share offers could divert funds from the rest of the market, dealers said. The benchmark Shanghai Composite Index slipped 0.13 percent, or 2.57 points, to...

European stocks mixed

2014-05-06 00:00:00

Europe's main stock markets ended mixed on Monday, with worries about the possible economic impact of the escalating crisis in Ukraine and a slowdown in Chinese manufacturing dampening sentiment. The DAX 30 in Frankfurt shedding 0.28 per cent to close...

US stocks sink

2014-05-06 00:00:00

US stocks fell in early trade on Monday, dragged down by escalating tensions in Ukraine and disappointing manufacturing data from China. After an hour of trade, the Dow Jones Industrial Average was down 59.81 points (0.36 per cent) to 16,453.08....

Tac exemption: ACC gets SC permission to file appeal

2014-05-06 00:00:00

The Supreme Court on Monday gave permission to Anti Corruption Commission (ACC) to file an appeal with the Appellate Division against a High Court order declaring illegal the reopening of inquiry into the alleged corruption of those who were exempted...

109 slain cops honoured

2014-05-06 00:00:00

Bangladesh Police has accorded a reception to the families of police personnel who were killed last year while performing duties. The function was held at the Police Convention Hall in the city’s Ramna where State Minister for Home Affairs Asaduzzaman...

Gold haul again

2014-05-06 00:00:00

Customs officials recovered 72 gold bars weighing 8.3 kilograms (kg) at Hazrat Shahjalal (RA) International Airport in the city on Monday night. Sources at the airport said the customs officials, on suspicion, challenged a man, Mozahar Uddin who returned from...