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HKMA boosts supervision of banks\\\' credit risk management

2014-04-17 00:00:00

HONG KONG, Apr 16 (Reuters): The Hong Kong Monetary Authority (HKMA) is stepping up its supervision of Hong-Kong-based banks' credit risk management by asking banks to show stable funding requirements and agree to regular onsite examinations of credit underwriting processes...

Photo: Bangladesh Petrochemical Company Limited

2014-04-17 00:00:00

Photo: QINGDAO, Shandong, China: A worker walking in a parking lot filled with newly produced cars

2014-04-17 00:00:00

Petrol price cut by 70 paise a litre in India

2014-04-17 00:00:00

NEW DELHI, Apr 16 (PTI) : The price of petrol was Tuesday cut by 70 paise a litre, excluding local levies, the second reduction in rates this month as appreciation of the rupee against the US dollar made oil imports...

Twitter rules out Turkey office amid tax row

2014-04-17 00:00:00

ISTANBUL, Apr 16 (AFP): Social networking company Twitter on Wednesday rejected demands from the Turkish government to open an office there, following accusations of tax evasion and a two-week ban on the service. Speaking after two days of closed-door talks...

Starbucks says ‘will pay more tax’ in UK after Europe HQ shift

2014-04-17 00:00:00

LONDON, Apr 16 (AFP): Starbucks said on Wednesday it was re-locating its European headquarters from the Netherlands to Britain a year after the US coffee giant was heavily criticised by British lawmakers for tax avoidance. The company, the world's largest...

Yen weakens in Asia

2014-04-17 00:00:00

TOKYO, Apr 16 (AFP): The yen weakened in Asia on Wednesday as the head of the Bank of Japan said the country was on target to meet its inflation target next year while buoyant equity markets lifted investor sentiment. In...

Global Commodity Prices

2014-04-17 00:00:00

Supermarket Tesco reports profit setback, focuses on Asia

2014-04-17 00:00:00

LONDON, Apr 16 (AFP): Supermarket giant Tesco, Britain's biggest retailer, announced a second drop running in underlying annual profits on Wednesday as it hopes that recent expansion into India and China can offset weakness in Europe. The copany, the world's...

BOJ’s Kuroda maintains positive view on economy

2014-04-17 00:00:00

TOKYO, Apr 16 (Reuters): Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed the central bank's upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a...

New Zealand inflation surprises on downside

2014-04-17 00:00:00

WELLINGTON, Apr 16 (AFP): New Zealand's inflation rate rose just 0.3 per cent quarter-on-quarter in January-March but the lower than expected figure is unlikely to stop the central bank raising interest rates again, analysts said Wednesday. Statistics New Zealand said...

Detailed DSE Trading

2014-04-17 00:00:00

EC can’t be blamed over UZ polls violence: CEC

2014-04-17 00:00:00

Chief Election Commissioner (CEC) Kazi Rakibuddin Ahmad Wednesday said the responsibility for the violence taken place during the recently-held staggered upazila elections in his absence does not go to the Election Commission , reports UNB. The CEC made the remark...

Upgradation of 4-lane approach road abandoned

Pankaj Dastider | 2014-04-17 00:00:00

CHITTAGONG, Apr 16: The Roads and Highways Department (RHD) in Chittagong has abandoned the upgradation of four-lane Bahaddarhat-Karnaphuli Bridge approach road after two years when work of the project was scheduled to be completed. About Tk 200 million has already...

AL wants to debate with BNP leaders over Tarique claim

2014-04-17 00:00:00

Accusing the BNP leaders of resorting to lies along with its senior vice-chairman Tarique Rahman, Food Minister Quamrul Islam threw a challenge Wednesday to engage in debate over Tarique's recent remarks about Bangabandhu, reports UNB. "If you (BNP leaders) have...

Explain how RAW arrested ISI agent from BD: BNP

2014-04-17 00:00:00

BNP sought an explanation on Wednesday from the government over the report of an Indian daily that India's external intelligence agency Research and Analysis Wing (RAW) has arrested a Pakistan's intelligence agency ISI agent from a Bangladesh airport, reports UNB....

6th phase of UZ polls on May 19

2014-04-17 00:00:00

The chief election commissioner has announced the schedule for the sixth phase of fourth Upazila Parishad elections, reports bdnews24.com. CEC Kazi Rakibuddin Ahmad announced the schedule at a press conference Wednesday, in his first public appearance after returning from a...

Hearing begins on Khaleda\\\'s pleas

2014-04-17 00:00:00

The High Court (HC) started hearing on Wednesday on a revision petition filed by BNP chairperson Khaleda Zia seeking to quash the trial court indictment orders against her in the Zia Charitable Trust and Zia Orphanage Trust graft cases, reports...

Mujibnagar Day today

2014-04-17 00:00:00

The nation observes historic Mujibnagar Day today (Thursday) in a befitting manner commemorating the formation of the provisional government of independent Bangladesh in exile during the War of Liberation in 1971, reports BSS. Different political parties, socio-cultural-professional bodies and government...

Weather

2014-04-17 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at one or two places over Dhaka, Rajshahi and Sylhet divisions today (Thursday). Weather may remain mainly dry with temporary partly cloudy sky elsewhere over the...

News in brief

2014-04-17 00:00:00

BNP’s Teesta long march on Apr 22 BNP will stage a long march towards the Teesta Barrage in Nilphamari on April 22-23 demanding due share of the river water. BNP acting secretary general Mirza Fakhrul Islam Alamgir announced the programme...

Photo: Health and Family Welfare Minister Mohammad Nasim addressing

2014-04-17 00:00:00

Photo: BNP acting secretary general Mirza Fakhrul Islam Alamgir speaking

2014-04-17 00:00:00

City workshop discusses ways to eradicate extreme poverty

FE Report | 2014-04-17 00:00:00

Speakers at an inter-ministerial workshop expressed their solidarity among themselves to carry forward the efforts centring on eradication of extreme poverty from Bangladesh by 2022. They said the complete eradication of extreme poverty from Bangladesh was a resolve which could...

Tk 14m GSMA donation to BRAC to improve English skills of adolescent girls

FE Report | 2014-04-17 00:00:00

BRAC, a leading NGO has received a donation of Tk 14 million from Global System for Mobile Communications Association (GSMA) under mWomen programme to develop English skills of adolescent girls in a bid to brighten their employment prospects. Under the...

Alliance recommends production suspension in two garment units

FE Report | 2014-04-17 00:00:00

The Alliance for Bangladesh Worker Safety recommended immediate suspension of production in two garment units after detecting structural faults in those buildings, sources said. The North American retailers' group requested the official committee to review the structural feasibility of the...

Pubali Bank official held on graft charges

2014-04-17 00:00:00

A bank official was held from the city's Tejgaon area Wednesday noon on charges of misappropriating Tk 14.8 million, reports BSS. A special team of Anti Corruption Commission (ACC) in a raid at Tejgaon captured Mashiul Alam, an officer of...

Students must take permission for going on study tour

DU Correspondent | 2014-04-17 00:00:00

Education Minister Nurul Islam Nahid Wednesday said students must take formal endorsement from the authorities concerned before going on study-tour to avoid any untoward occurrence. "The Ministry of Education (MoE) is going to issue a notice to all the educational...

Zoological Society of Bangladesh confce, AGM Saturday

2014-04-17 00:00:00

The 19th national conference and annual general meeting of Zoological Society of Bangladesh will be held at 10:00am Saturday at the Nabab Nawab Ali Chowdhury Senate Bhaban of Dhaka University (DU). The final competition of Zoology Olympiad will be held...

Photo: Prime Minister Sheikh Hasina handing over cheques

2014-04-17 00:00:00