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News Brief

2014-04-09 00:00:00

New chairman of Bank Asia Audit Committee Mr. Mohammed Lakiotullah has been elected Chairman of Bank Asia Board Audit Committee at a meeting of the Board of Directors of the Bank held recently. Mr Lakiotullah has 44 years of experience...

Suspension/ resumption of trading

2014-04-09 00:00:00

Sub 25% Convertible Bonds: Normal trading of the Subordinated 25% Convertible Bonds of BRAC Bank Ltd. will resume on 09.04.2014 after record date. — DSE Online

Photo: AB Bank Limited

2014-04-09 00:00:00

Photo: Trust Bank Limited

2014-04-09 00:00:00

City sees 14 more Well Food outlets by end of this year

Kamrun Nahar | 2014-04-09 00:00:00

Well Food, a concern of Chittagong-based industrial group Well Group, will increase its outlets in Dhaka to 20 from the existing six by the end of this year generating jobs for another 300 people, said one of the company's top...

Asian shares shrug off losses, Nikkei slumps

2014-04-09 00:00:00

TOKYO, Apr 8 (Reuters): Asian stocks shrugged off early losses and rose on Tuesday, helped by Chinese shares a rising sharply on stimulus hopes, though Japanese equities slumped as the yen clung to its gains after the Bank of Japan...

BSE faces tech glitch on first day of new trading system

2014-04-09 00:00:00

MUMBAI, Apr 8 (Business Standard): A technical glitch left some brokers unable to access the BSE's trading platform on the first day of its switchover to a new system. BSE had migrated to a new 'BOLT Plus' trading system on...

Hong Kong, China stocks end higher

2014-04-09 00:00:00

HONG KONG, Apr 8 (AFP): Shares in Hong Kong and China rallied on Tuesday on hopes Beijing will unveil new measures to boost the mainland economy after last week's mini-stimulus. In Hong Kong, the benchmark Hang Seng Index rose 0.98...

European stocks drop further

2014-04-09 00:00:00

LONDON, Apr 8 (AFP): Europe's main stock markets retreated on Tuesday after the previous day's slump, as Ukraine-Russia tensions offset robust British manufacturing data. London's benchmark FTSE 100 index dropped 0.76 per cent to 6,572.21 points in late morning deals....

Correction

2014-04-09 00:00:00

In a photo caption of the Tuesday issue of The Financial Express, ONE Bank Ltd inadvertently mentioned that the bank donated Tk 50 million in 'Lakho Kanthe Sonar Bangla Fund'. Actually the amount is Tk 5 million. ONE Bank Ltd...

IPO Diary

2014-04-09 00:00:00

Photo: First Security Islami Bank Limited

2014-04-09 00:00:00

Photo: UAE-Bangladesh Investment Company Limited (UBICO)

2014-04-09 00:00:00

Soccer Club, Feni reach final

2014-04-09 00:00:00

Outstation Soccer Club, Feni made their first-ever final berth in any major football tournament of the country eliminating three-time Federation Cup champions Brothers Union Club by 2-0 goal in the first semifinal of the Modhumati Bank Independence Cup Football Tuesday,...

Pakistan was offered \\\'Big Four\\\' role: chairman

2014-04-09 00:00:00

LAHORE, Apr 8 (AFP): Pakistan's cricket chief Najam Sethi said his predecessor spurned an offer by India to join the so-called "big three" during a major reorganisation of the game's administration. The Pakistan Cricket Board (PCB) was initially one of...

Srinivasan to attend ICC meeting in Dubai today

2014-04-09 00:00:00

Despite having been sidelined from BCCI affairs following a Supreme Court directive, N Srinivasan will attend the ICC executive board meeting, to be held in Dubai on April 9 and 10, in his capacity as a BCCI "representative", reports Cricinfo....

Niaz shares 2nd slot in Malaysia Open Chess

2014-04-09 00:00:00

Bangladesh's GM Niaz Murshed shared Tuesday the 2nd slot in the DYTM Raja Dr Nazrin Shah KL International Open Chess Championship with five other players securing 4.5 points after the 6th round matches now being held at Olympic Sports Hotel...

Murray embarks on search for new coach

2014-04-09 00:00:00

LONDON, Apr 8 (AFP): Wimbledon champion Andy Murray revealed Tuesday that he will soon begin his search for a new coach and hopes to have appointed one by the French Open in May. "I'll definitely look at it over the...

sports digest

2014-04-09 00:00:00

GM Ziaur Rahman makes a good start Bangladeshi GM Ziaur Rahman, a player of Dhaka Mohammedan SC, made a good start in the 16th Dubai Open Chess Championship beating Ahmed Holi Ali Moawia of Sudan in the first round match...

Irrefutable facts

Mohammad Amjad Hossain from Virginia, USA | 2014-04-09 00:00:00

Since the departure of Bangabandhu Sheikh Mujibur Rahman and General Ziaur Rahman from this world following their assassination, there has, time and again, been orchestrated campaign by leaders of both the Awami League (AL) and the Bangladesh Nationalist Party (BNP)...

PM stresses strong unity of pro-AL lawyers

2014-04-09 00:00:00

Prime Minister (PM) Sheikh Hasina Tuesday said the intra-party conflict among the pro-Awami League (AL) lawyers was behind the recent election debacle in the Dhaka District Bar Association (DDBA) and the Supreme Court Bar Association (SCBA), reports UNB. In this...

SBL files 12th case against Hall-Mark Chairman, MD

FE Report | 2014-04-09 00:00:00

Sonali Bank Limited (SBL) filed Tuesday 12th case against the top bosses of Hall-Mark Group in a bid to recover about Tk 604.4 million, allegedly embezzled by one of the entities of the group. SBL executive officer Md Abdus Salam...

ACC interrogates wife of Khandaker Mosharraf

FE Report | 2014-04-09 00:00:00

The Anti-corruption Commission (ACC) interrogated Tuesday wife of BNP standing committee member Dr Khandaker Mosharraf Hossain in connection with a money laundering case. Deputy Director (DD) of the commission Ahsan Ali quizzed Bilkis Akter Hossain from 10:00 am to 12:00...

Bangladesh calls for solution to Rohingya refugee issue

2014-04-09 00:00:00

Foreign Minister AH Mahmood Ali has urged the international community to encourage Myanmar to solve the Rohingya refugee issue, reports UNB. The call came when Canadian High Commissioner in Dhaka Heather Cruden met with the foreign minister at his office...

Execution of safety rules in Ship Breaking industry stressed

2014-04-09 00:00:00

Speakers Tuesday stressed the need for necessary measures and a proper implementation of Ship Breaking and Ship Recycling Rules-2011 to stop casualties in the industry, reports BSS. The ship breaking industry was abandoned for a long time since 2010 due...

BCL postpones strike at RU until Apr 29

2014-04-09 00:00:00

RAJSHAHI, Apr 8 (UNB): Four days after enforcing an indefinite strike demanding punishment to the killers of Bangladesh (BCL) leader Rustam Ali Akand, Rajshahi University (RU) unit of BCL, Tuesday postponed it until April 29. RU BCL unit general secretary...

Inu asks Khaleda to discard relations with militants

2014-04-09 00:00:00

Accusing BNP chairperson Khaleda Zia of "nurturing militancy and terrorism" in the country, Information Minister Hasanul Haque Inu Tuesday asked her to shun that vicious path and join the march towards democracy by severing her links with the anti- liberation...

BCL leaders to visit CU campus tomorrow

2014-04-09 00:00:00

CHITTAGONG, Apr 8 (BSS): Central leaders of Bangladesh Chhatra League (BCL) are expected to visit Chittagong University (CU) campus tomorrow (Thursday) as part of its organisational programme. BCL sources said, a team of central BCL leaders including President Badiuzzaman Sohag...

Mirza Fakhrul released on bail

2014-04-09 00:00:00

GAZIPUR, Apr 8 (UNB):  BNP acting secretary general Mirza Fakhrul Islam Alamgir was released from jail on bail Tuesday.   The BNP leader walked out of Kashimpur Central Jail part-2 at around 7:15pm after his release order reached the prison.   A...

BNP calls hartal in Rangpur today

Our Correspondent | 2014-04-09 00:00:00

RANGPUR, Apr 8: Rangpur district unit BNP has called an 8-hour hartal in the district for tomorrow (Wednesday) demanding immediate release of Swechchhasebak Dal president Habib-un-Nabi Khan Sohel. District BNP convener Mozaffar Hossain announced the shut down at its party...