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PM\\\'s adviser welcomes power outage as reminder of success

FE Report | 2014-04-30 00:00:00

Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury welcomed power outages Tuesday as he said if there is no load-shedding, people will forget improvement achieved by this time. "Sometimes load-shedding is good to some extent. Otherwise, people will forget the progress...

Future industries in Dhaka, its suburbs may face higher taxes

FE Report | 2014-04-30 00:00:00

Industries to be set up in Dhaka city and its adjoining areas might face tax rates higher than those located in other areas of the country, the National Board of Revenue (NBR) Chairman, Ghulam Hussain, said Tuesday. The government is...

Malaysia to build 22,000 flats, flyover in city

2014-04-30 00:00:00

Malaysia will construct a 13-km flyover and 22,000 apartments in the capital to help Bangladesh government eases Dhaka's notorious traffic jam as well as housing problems of city dwellers, report agencies. The government has signed memorandums of understanding (MoU) for...

N\\\'ganj abductions spark protests, highway blocked

2014-04-30 00:00:00

NARAYANGANJ, Apr 29 (UNB):  Supporters of abducted Narayanganj City Corporation panel mayor Nazrul Islam blocked Dhaka-Chittagong highway for two and a half hours Tuesday, demanding the immediate rescue of Nazrul and his four associates. Lawyers, meanwhile, demonstrated and boycotted the...

Prayer Timings

2014-04-30 00:00:00

Ensure use of Bangla by May 15 : HC

2014-04-30 00:00:00

The High Court (HC) Tuesday ordered the authorities concerned to ensure use of Bangla in signboards, advertisements in electronic media and number plates of vehicles by May 15.  A bench with Justice Quazi Reza-Ul Hoque and Justice ABM Altaf Hossain...

2 killed in city road crash

2014-04-30 00:00:00

Two labourers were killed and another was injured when a truck overturned near a Baily Bridge in Aftabnagar area in city Tuesday. The deceased were identified as Tobarak(55) and Nurul Alam(32).    — UNB  

JS body for more judges

2014-04-30 00:00:00

The Parliamentary Standing Committee on Law, Justice and Parliamentary Affairs Ministry Tuesday recommended appointing an adequate number of judges to reduce the backlog of cases. The committee made the recommendations at its second meeting held with its chairman Suranjit Sengupta...

Tokyo stocks up 0.23% by break

2014-04-30 00:00:00

Tokyo stocks rose 0.23 per cent on Wednesday morning after gains on Wall Street while a weaker yen lifted exporter shares. The benchmark Nikkei 225 index added 33.37 points to 14,321.60 by the break, while the Topix index of all...

3 killed as train hits bus in city

2014-04-30 00:00:00

At least three people, including a journalist’s wife, were killed and over a dozen others injured as a Dhaka-bound commuter train from Narayanganj hit a passenger bus at TT Para level-crossing near Kamalapur Railway Station on Tuesday night. One of...

China shares flat

2014-04-30 00:00:00

Chinese stocks were flat in morning trade on Wednesday with investors cautious ahead of a long holiday weekend, dealers said. The benchmark Shanghai Composite Index edged down 0.08 per cent, or 1.70 points, to 2,018.64. The Shenzhen Composite Index, which...

HK shares edge up

2014-04-30 00:00:00

Hong Kong stocks opened flat on Wednesday, with profit-taking from the previous session’s healthy gains offsetting a positive lead from Wall Street. The benchmark Hang Seng Index edged up 12.15 points to 22,466.04 in the first few minutes of trade,...

European stocks rally

2014-04-30 00:00:00

European stocks rallied on Tuesday on easing Ukraine tensions, upbeat earnings and takeover speculation, with London boosted also by solid British economic growth data, dealers said. Sentiment was buoyed further as Wall Street advanced in early deals on improving company...

US stocks finish higher

2014-04-30 00:00:00

US stocks on Tuesday finished higher after mixed economic data and corporate earnings as a two-day US Federal Reserve monetary policy meeting got under way. The Dow Jones Industrial Average rose 86.63 (0.53 per cent) to 16,535.37. The broad-based S&P...

Nasim Osman dies in Indian hospital

2014-04-30 00:00:00

Jatiya Party MP from Narayanganj-5 constituency Nasim Osman died at a hospital in India on Wednesday. He was 65. Sources said Nasim Osman, elder brother of Narayanganj-4 MP Shamim Osman, had been admitted to a hospital in India’s Dehra Dun...

Narayanganj SP, Rab commander removed

2014-04-30 00:00:00

Three officials of two law-enforcing agencies have been removed after eight people including a city corporation councillor were abducted within two weeks in Narayanganj. They are Narayanganj district’s Superintendent of Police (SP) Syed Nurul Islam, Rab commanding officer (CO) Tarek...

Bike crash kills 1 in C\\\'nawabganj

2014-04-30 00:00:00

A motorcyclist was killed and his two co-riders were injured as a tractor crashed into their vehicle at Shibganj upazila in Chapainawabganj district on Tuesday night. The deceased was identified as Sinu Miah,35, son of Azahar Ali, a resident of...

2 killed in \\\'shootout\\\'

2014-04-30 00:00:00

Two suspected robbers were killed in a ‘shootout’ between the bandits and Rapid Action Battalion (Rab) personnel in Pashur Channel area in Sundarbans in Bagerhat on Tuesday afternoon. Rab sources said the encounter took place near the Bhadra forest station...

Conze wary of Rampal effect

2014-04-30 00:00:00

German ambassador in Dhaka Albrecht Conze’s concerns about Bangladesh-India joint Rampal power plant are not directed at a coal-fired project but the environmental risk it poses to Sundarbans, the world’s largest mangrove forest. The German envoy said on Tuesday he...

Recognise migrants as dev agents: Global experts

2014-04-30 00:00:00

The two-day global experts meeting on migration and the post-2015 development agenda has ended with a call for recognising migrants as ‘development agents’. The meeting closed with a set of recommendations that include ensuring migration as a cross-cutting enabler for...

S\\\'pore exchange struggles to grow as rivals thrive

2014-04-30 00:00:00

A dearth of big-name share listings of overseas firms and a multi-billion-dollar penny-stock crash have hampered the growth ambitions of Singapore’s stock exchange as Asian rivals flourish, analysts say. Singapore Exchange Limited (SGX), the sole stock market operator in the...

Valuables worth Tk 1m looted

2014-04-30 00:00:00

Robbers looted valuables worth Tk 1 million from a house at Balaganj upazila in Sylhet district on Tuesday. Locals said a gang of armed robbers, numbering 10-12, stormed the house of Shahjahan Miah at Mohammadpur village at about 2:00am by...

DSE, CSE slip at opening

FE Online Report | 2014-04-30 00:00:00

Share prices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed negative trend in early hours of trading on Wednesday, the last trading day of this week. DSEX, the prime index of the DSE, went down by 14.19...

Another Tejturi Bazar fire victim dies

2014-04-30 00:00:00

A man, suffered burns in a fire in Tejturi Bazar near Farm Gate in the city on April 10, died at Dhaka Medical College Hospital (DMCH) on Wednesday. With this, the death toll hit six in the devastating fire that...

Asian shares mixed

2014-04-30 00:00:00

Asia's markets were mixed on Wednesday following a healthy lead from Wall Street, while investors turn their attention to US and Japanese central bank policy meetings and economic growth data from the United States. Tokyo’s Nikkei – which was closed...

Dhaka-Ctg highway blocked over N\\\'ganj panel mayor\\\'s kidnap

2014-04-30 00:00:00

Supporters of Narayanganj City Corporation (NCC) panel mayor Nazrul Islam flew into a rage on Dhaka-Chittagong Highway during a demonstration protesting his abduction. They also rampaged through the highway during the agitation, for the 3rd consecutive day, demanding immediate rescue...

3,600 bottles Phensidyl recoveed: 2 held

2014-04-30 00:00:00

Police arrested two young men in possession of 3,600 bottles of Phensidyl in Solonga Upazila in Sirajganjat district on Wednesday. The arrested are private car driver Fahim Ahmed, 30, a resident of Mirpur in Dhaka city and Shamim Ahmed, 25,...

2 killed in Ctg road accident

2014-04-30 00:00:00

At least two people were killed and several others injured as a covered van crashed into a pickup van carrying them in Sitakunda Upazila in Chittagong district on Wednesday. The dead are Anwar Hossain, 26, son of Abdur Rashid of...

8 more held over JMB snatching

2014-04-30 00:00:00

Law enforcers have arrested eight more persons for suspected involvement in the snatching of JMB militants from a prison van in Mymensingh two months ago. Rapid Action Battalion (Rab) personnel arrested them from different parts of the country on Wednesday,...

Training aircraft catches fire at Ctg airport

2014-04-30 00:00:00

A training aircraft of Bangladesh Air Force (BAF) caught fire while landing on a runway of Hazrat Shah Amanat (RA) International Airport at Potenga in Chittagong on Wednesday. Additional Deputy Commissioner (Immigration) at the airport Mizanur Rahman said the training...