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News Brief

2014-04-16 00:00:00

StanChart regional chief in town Anurag Adlakha, Regional Chief Financial Officer, India & South Asia arrived in Dhaka Tuesday for a 2-day official visit to Bangladesh. During this visit, Anurag Adlakha will meet external stakeholders & senior officials of the...

Photo: \\\"Trust Bank Green Day\\\"

2014-04-16 00:00:00

Photo:Green Delta Insurance Company Limited

2014-04-16 00:00:00

DSEX crosses 4,600-mark

FE Report | 2014-04-16 00:00:00

Stocks returned to the green Tuesday after two session fall with turnover jumped significantly as the investors went for buying spree mainly on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) crossed 4,600 points mark...

Indian mkts end lower as rate cut hopes fade

2014-04-16 00:00:00

MUMBAI, Apr 15 (Business Standard): Markets ended lower on Tuesday, weighed down by financial shares, as the spike in whole-sale-price inflation to 3-month highs in March could lead to a delay in policy rate cuts by the central bank in...

Micromax eyes stake in S Korea Pantech: sources

2014-04-16 00:00:00

SEOUL, Apr 15 (Reuters): India's No 2 smartphone marker Micromax Informatics Ltd has expressed interest in buying a stake in South Korean peer Pantech Co Ltd as part of its drive to expand overseas and go upmarket, two sources said....

Global shares dip on concerns over Ukraine, Chinese growth

2014-04-16 00:00:00

LONDON, Apr 15 (Reuters): Risk appetite faded on financial markets on Tuesday, with shares weaker and bonds firmer as investors weighed up tensions between Russia and Ukraine, downbeat sales reports and signs of slowing growth in China. But an upbeat...

IPO Diary

2014-04-16 00:00:00

Photo: (From left) Prime Bank Ltd, Modhumoti Bank Ltd and Social Islami Bank Ltd celebrated the first day of New Bengali Year on Monday.

2014-04-16 00:00:00

Photo: Rupali Bank Ltd

2014-04-16 00:00:00

Photo: Bangladesh Edible Oil Limited (BEOL)

2014-04-16 00:00:00

The trap of low growth and high inflation

Abul Basher | 2014-04-16 00:00:00

Two important reports on the Bangladesh economy hit the headlines both in print and electronic media last week. One is about inflation and the other is about forecast of growth of the GDP (gross domestic product) for FY14. The sources...

Resurgence of Cold War

Abdur Rahman Chowdhury from Virginia, USA | 2014-04-16 00:00:00

After the successful annexation of Crimean peninsula last month President Vladimir Putin outlined future strategy to combat US, EU and NATO's combined threat against Russia. Addressing the Russian parliament Duma, Putin said territorial integrity of Ukraine rests with the security...

Refusal to sign PSC by ConocoPhillips

2014-04-16 00:00:00

The refusal to sign production sharing contract (PSC) by the US oil giant ConocoPhillips for carrying out hydrocarbon exploration in the shallow water block, SS-07, in the Bay of Bengal was a piece of frustrating news. The negative response on...

An indifferent owner

Shamsul Huq Zahid | 2014-04-16 00:00:00

Grabbing government-owned land, be it in urban or in rural areas, has become more of a normal practice in Bangladesh. Since the government is an indifferent owner, a section of people are always out to grab land that belongs to...

Guardian, Washington Post win Pulitzers for U.S. spying coverage

Ellen Wulfhorst of Reuters in New York | 2014-04-16 00:00:00

The Guardian US and Washington Post were awarded the most prestigious Pulitzer prize on Monday for coverage of secret surveillance by the U.S. National Security Agency that sparked wide debate over government spying. Reuters won in international reporting for its...

Bangladesh home to world\\\'s six per cent poor

Md Maskurul Alam | 2014-04-16 00:00:00

It is good to know that the quality of life of the country's people is going to witness a change for the better. The number of poor people is declining because of facilities in town. Almost three percent people are...

Death of students at Saint Martin\\\'s

2014-04-16 00:00:00

It is a very tragic incident that two students of Ahsanullah University of Science and Technology drowned in the Bay while three were rescued and four were missing during an excursion to St Martin's Island under Cox's Bazar on the...

Tussle over Crimea

2014-04-16 00:00:00

There has been a war-like situation prevailing between the USA and Russia following the Crimea crisis. Crimea is under Ukraine. Ukraine has witnessed a huge protest to topple its president and finally the pro-Russian president had to resign. During the...

Culprits involved in question paper leakage must be punished

2014-04-16 00:00:00

It is good that the Dhaka Education Board has formed a high-powered probe committee to investigate into the English second paper question paper leakage of HSC examination. The report should be made public and the guilty must be punished so...

Sporting events and tourism— Bangladesh context

Syed Ejaz Ahsan | 2014-04-16 00:00:00

Games of various types and major sports are characterised nowadays by amusement, recreation as well as friendship in all societies.  In ancient times, sporting activities were confined to small geographical areas and states, but these days the events have expanded...

Creating and sustaining a global brand

Muhammad Safayet Hussain | 2014-04-16 00:00:00

As business has become increasingly global, the values and principles that guide managers are no longer local. To cope with globalisation, creating a brand image is essential. According to marketing guru Philip Kotler, "Brand image is a set of beliefs...

Rangpur Div earn 314-run victory over Sylhet Div

2014-04-16 00:00:00

Rangpur Division notched a huge 314-run victory over Sylhet Division on the 4th and final day of the Walton 15th National Cricket League at Fatullah Outer Stadium Tuesday, reports UNB. In the day's other matches, Dhaka Division defeated Barisal Division...

BD make good start beating Bhutan 22-9

2014-04-16 00:00:00

Hosts Bangladesh made a good start in the Citycell SABA 3-on-3 Basketball Championship beating Bhutan by 22-09 points in the opening match at the Dhanmondi Basketball Gymnasium Tuesday, reports UNB. In the day's other matches, Bangladesh beat Sri Lanka by...

Zia earns 5 points

2014-04-16 00:00:00

Grandmaster Ziaur Rahman of Dhaka Mohammedan Sporting Club secured 5 points after the 8th round matches of the 16th Dubai Open Chess Championship in Dubai, UAE Monday, reports UNB. In the 8th round matches of the Asia's biggest chess event,...

Sunnydale, Prayas move into girls\\\' team final

2014-04-16 00:00:00

Sunnydale and Prayas moved into the girls' team event final of the Walton Smart TV Dhaka Metropolis Table Tennis Tournament beating their rivals in the semifinals at the Shaheed Tajuddin Ahmed Indoor Stadium in the city Tuesday, reports UNB. In...

Legend Phelps to return to pool

2014-04-16 00:00:00

WASHINGTON, Apr 15 (AFP): Olympic swimming superstar Michael Phelps, who retired from the sport after taking six medals at the 2012 London Olympics, will make his competitive comeback next week at a US Grand Prix series event in Mesa, Arizona,...

Royals bowl over Christchurch with cricket display

2014-04-16 00:00:00

CHRISTCHURCH, Apr 15 (AFP): Cricket and high fashion may seem strange bedfellows, but Prince William's wife Kate combined both with aplomb on Monday in New Zealand when she showed off her batting skills in heels. The duchess and duke of...

Razzak snatches victory for Khulna Div

2014-04-16 00:00:00

National spinner Abdur Razzak bagged thirteen wickets in two innings saw Khulna Division posted a comfortable five-wicket victory over Dhaka Metro in the 6th round of four-day 15th National Cricket League that concluded Tuesday at the Sheikh Kamal International Cricket...

Taibur stars as Dhaka Div post emphatic win

2014-04-16 00:00:00

Taibur Rahman starts as Dhaka Division record an emphatic eight-wicket victory over Barisal Division in the 6th round of four-day 15th National Cricket League was held Tuesday at the Zahur Ahmed Chowdhury Stadium in Chittagong, reports BSS. Brief score: Barisal...