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Hospitality industry\\\'s contribution to GDP may rise to 8pc this year

Shah Alam Nur | 2014-04-14 00:00:00

The direct contribution of hospitality industry to the country's gross domestic product (GDP) is likely to rise by 8 per cent in 2014 which was Tk 222.6 billion (2.1 per cent of total GDP) in 2013, according to an international...

Saudi banks to face margin pressure in the face of US rate hike

2014-04-14 00:00:00

DUBAI, Apr 13 (Gulf News): Saudi Arabia's bank's performed better than their global peers in profitability and low risk profile, but with the rising global interest rates posing a risk to interest margins, banks will be forced to improve their...

exchange rate

2014-04-14 00:00:00

Photo: Rotarians from Rotary Club of Shantinagar, Dhaka and Rotary Club of Sher-e-Bangla Nagar

2014-04-14 00:00:00

Photo: Mercantile Co-operative Bank

2014-04-14 00:00:00

IMF reforms hit serious deadlock: G20 official

2014-04-14 00:00:00

WASHINGTON, Apr 13 (Reuters): Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year-end, a...

Samsung looks to life beyond smartphone

2014-04-14 00:00:00

SEOUL, Apr 13 (AFP) :  After years of record profit growth, tech giant Samsung Electronics looks to be at a commercial crossroads as it searches for a new growth driver to counter slowing sales of its phenomenally successful smartphones. Alarm...

Photo: Bangladesh Computer Council (BCC)

2014-04-14 00:00:00

LatAm countries pushed to reform as easy money era ends

2014-04-14 00:00:00

WASHINGTON, Apr 13 (Reuters): Latin American countries will have to tighten their belts as the rising cost of capital and lower commodity prices dampen growth and force countries to do more to drive economic activity, policymakers warned this week. Both...

Online shoppers population to touch 38m by 2015 in India

2014-04-14 00:00:00

MUMBAI, Apr 13 (PTI): With more and more people buying products online, credit card issuers are seeing an increase in their business, and the number of online shoppers is likely to reach 38 million by 2015, says a study. The...

India fourth largest global market for Renault\\\'s Duster

2014-04-14 00:00:00

NEW DELHI, Apr 13 (PTI): India has become the fourth biggest market for Renault's compact sports utility vehicle Duster globally, with sales touching 85,974 units in the country, since the launch of the vehicle in 2012. The combined production of...

Photo: US Chair of the Fed Janet Yellen

2014-04-14 00:00:00

Photo: People prepare large bags of cassava to be sold at Sao\\\'s market

2014-04-14 00:00:00

Detailed DSE Trading

2014-04-14 00:00:00

Pahela Baishakh being celebrated with gaiety

2014-04-14 00:00:00

Pahela Baishakh, the first day of Bangla calendar, is being celebrated today (Monday) amid fanfare, festivity and gaiety across the country under tight security cover. True to their centuries old tradition, people from all walks of life started gathering at...

3 dead after suburban Kansas City shooting

2014-04-14 00:00:00

A man in his 70s opened fire Sunday outside of a Jewish community center and nearby retirement community, killing three people, authorities said. Overland Park Police Chief John Douglass said at a news conference Sunday evening that a person who...

Slim chances of storms

2014-04-14 00:00:00

Weathermen say there is almost no chance of storms in Dhaka city and its suburbs on Monday. The nation is celebrating ‘Pahela Baishakh’ today. However, the Met Office said some regions including Noakhali and Comilla might have rain with gusty...

City traffic curbs for new year

2014-04-14 00:00:00

The Dhaka Metropolitan Police (DMP) have imposed traffic restrictions from 5am to 9pm in some parts of the city on Monday in view of Pahela Baishakh celebrations. Vehicles will not be allowed on the Bangla Motor-Shahbagh-Matsya Bhaban-Segunbagicha, Hotel Sheraton-Kakrail Mosque,...

Shops fined for tobacco slip-up

2014-04-14 00:00:00

Five shops, including superstores, and seven people in Dhaka’s Mirpur were fined on Sunday for flouting the tobacco control law. A Dhaka mobile court fined Prince Bazar Tk 80,000, G-mart Tk 50,000, Gazi store Tk 10,000, and Sabuj Snacks Tk...

Panta, Hilsa behind mischief

2014-04-14 00:00:00

Students of Pabna Science and Technology University (PUST) allegedly confined a student counsellor for three hours at his office and assaulted him for not including ‘Panta Bhat’ and fried Hilsa on Pahela Baishakh breakfast menu. Both dishes, considered delicacies, had...

PM against renaming FMC after her: Minister

2014-04-14 00:00:00

Prime Minister Sheikh Hasina has refused to accept the proposal for naming Faridpur Medical College after her, said Expatriate Welfare and Overseas Employment Minister Khandaker Mosharraf Hossain. “She (Hasina) politely said there’s no need to name (Faridpur) Medical College after...

Jasad leader gunned down in Kushtia

2014-04-14 00:00:00

Howlader won\\\'t leave me: Ershad

2014-04-14 00:00:00

Jatiya Party (JP) Chairman HM Ershad has said that ABM Ruhul Amin Howlader, whom he sacked as JP's secretary general, has 'gracefully accepted' the decision. "Ruhul calls me father. He is like my son. He'll never leave me," Ershad said...

JSD leader shot dead, AL leader injured

2014-04-14 00:00:00

Miscreants shot to death a local leader of Jatiya Samajtantrik Dal (JSD) and injured an Awami League leader in Mirpur upazila in Kushtia district on Monday, the first day of Bangali New Year. The deceased was identified as Imsail Hossain...

Indian bookie held in Bangladesh for 3rd time

2014-04-14 00:00:00

Atanu Dutta, allegedly an Indian bookie, has been held for a third time in the span of only 10 days. His latest arrest was made at Mirpur Circle No 10 in Dhaka city on Sunday afternoon on the eve of...

1 stabbed dead, 12 knifed in Jhenaidah

2014-04-14 00:00:00

A man has been killed in a clash in Jhenaidah’s Shailakupa Upazila. Twelve other people received stab wound in the clash. Shailakupa Police Station Sub-Inspector Atiar Rahman said the clash erupted on Monday over a land dispute in Chaturia village...

Woman succumbs to her burns

2014-04-14 00:00:00

A septuagenarian woman, burnt in a fire at Damurhuda upazila on Sunday night, succumbed to her injuries at Chuadanga Sadar Hospital on Monday. The dead is Rokeya Begum, 74, wife of Mafizur Rahman of Chandipur village. Family sources said a...

2 die in Kishoreganj road accident

2014-04-14 00:00:00

Two people were killed and 25 others injured as a night coach plunged into a roadside ditch at Pakundia upazila in Kishoreganj district on Monday. The identities of the deceased could not be known yet. Officer-in-charge of Pakundia Police Station...

State \\\'mistake\\\' impedes trial of Ramna blast case

2014-04-14 00:00:00

A gross mistake by the stateside in placing the documentary evidence in the court has stood in the way of disposing of the Ramna Batamul blast case, already pending for 13 years. The case is now pending with the 2nd...

Mob kills BCL man in Moulvibazar

2014-04-14 00:00:00

A Bangladesh Chhatra League (BCL) activist has been killed in a lynch-mob attack while collecting toll money in Kamalganj upazila in Moulvibazar district. The dead is Ibrahim Ali, 30, an activist of Bhanugachh unit of the ruling party’s student wing....