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World Bank cuts China growth outlook

2014-04-07 00:00:00

The World Bank has trimmed its growth forecast slightly for China, citing a "bumpy start to the year". It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of...

SJIBL opens ATM booth

2014-04-07 00:00:00

Shahjalal Islami Bank Ltd. inaugurated an ATM Booth on the premises of Shikarpur Nimtola Branch Monday. SJIBL Managing Director Farman R Chowdhury formally inaugurated the ATM Booth as the Chief Guest. Among others, Additional Managing Director Mr. Masihul Huq Chowdhury,...

Cabinet okays Surplus Public Servants Absorption Bill 2014 draft

2014-04-07 00:00:00

The Cabinet on Monday approved the draft of the ‘Surplus Public Servants Absorption Bill, 2014′, subject to the vetting of the Law Ministry, with a view to maintaining the continuity of the Public Servants Absorption Ordinance 1978. The approval was...

Modi pledges development with Hindu nationalism

2014-04-07 00:00:00

India's prime ministerial frontrunner Narendra Modi pledged good governance and development Monday as he released his party's delayed manifesto that also included controversial Hindu nationalist policies. Modi and other Bharatiya Janata Party (BJP) leaders unveiled their blueprint for government just...

Ex-railway engineer jailed

2014-04-07 00:00:00

A Chittagong court has ordered to prison the former additional chief machinery engineer of Bangladesh Railway’s east zone in a graft case over recruitment. Chittagong Divisional Special Judge Ataur Rahman issued the order on Monday after Hafizur Rahman Chowdhury surrendered...

Japan, Australia reach deal on free trade

2014-04-07 00:00:00

Japan and Australia on Monday said they had reached "substantive agreement" on a long-awaited free-trade deal, in a rare opening of Japan's protected markets, even as talks to ink a huge Asia-Pacific agreement run into trouble. The deal was announced...

Sonali MD, brother of chief whip get grilled

2014-04-07 00:00:00

The Anti Corruption Commission (ACC) on Monday interrogated Sonali Bank managing director and a brother of chief whip ASM Feroz in connection with a loan scam. ACC assistant director Bahadur Alam quizzed Sonali Bank managing director Pradip Kumar Dutta and...

2 UN workers shot dead in Somalia

2014-04-07 00:00:00

Two UN workers, a Briton and a Frenchman, were shot dead on Monday as they disembarked from a plane at an airport in Galkayo, central Somalia, officials and witnesses said. United Nations sources confirmed the two men were international consultants...

$210mn deal with WB for food storage system

2014-04-07 00:00:00

The government on Monday signed a $210 million financing agreement with the International Development Association (IDA) of the World Bank to construct a modern food storage system capable of feeding 10 million people. ERD additional secretary Arastoo Khan and Christine...

President assents to law & order disruption bill

2014-04-07 00:00:00

President Abdul Hamid on Monday assented to the ‘Law and Order Disruption (Speedy Trial) (Amendment) Bill, 2014’ into a law, said a handout. It said the bill was passed by Parliament in its first session, according to a news agency.    

Putin orders crackdown on NGOs

2014-04-07 00:00:00

Russian President Vladimir Putin has ordered a crackdown on "destructive" non-government organizations (NGOs), saying such groups were behind the mass protests that brought down Ukraine's government. Moscow has repeatedly accused the new authorities in Kiev and the protesters who toppled...

Oil market falls on Libya news

2014-04-07 00:00:00

Global oil prices weakened on Monday after rebels agreed to reopen two of the four blockaded oil terminals in eastern Libya, analysts said. New York's West Texas Intermediate (WTI) for delivery in May dipped 47 cents to $100.67 per barrel....

Clashes between Pakistani militants kill 20

2014-04-07 00:00:00

Clashes between two Pakistani Taliban factions have left at least 20 dead, security officials and militant sources said Monday, in a sign of the intense rivalries within the umbrella grouping. The fighting took place in the tribal regions between supporters...

Taiwan\\\'s HTC posts losses of $60mn

2014-04-07 00:00:00

Taiwan's struggling smartphone maker HTC posted a net loss of Tw$1.88 billion ($62.3 million) in the first quarter, a figure far worse than the Tw$1.59 billion analysts forecast. Sales in the three months to March fell to a five-year low...

Delhi urged to hand over bodies of 3 BD nationals

2014-04-07 00:00:00

Bangladesh requested the Indian authorities to immediately hand over the bodies of three Bangladesh nationals killed by Indian civilians in Tripura, and launch an inquiry into the atrocious incident. Bangladesh also asked India to take appropriate actions at the earliest...

Polls in remaining UZs in May

2014-04-07 00:00:00

The Election Commission (EC) plans to arrange polls in early May in the upazilas (UZs) where the voting could not be held during the five-phase local body elections. “We’re thinking of holding elections to the remaining upazilas in May,” Election...

HC summons Gayeshwar, 2 DAB leaders

2014-04-07 00:00:00

The High Court summoned BNP standing committee member Gayeshwar Chandra Roy and two leaders of Doctors’ Association of Bangladesh (DAB) Monday over a contempt of court charge. An HC bench comprising Justice Kazi Reza-Ul Haq and justice ABM Altaf Hossain...

PM praises civil admin for Jan 5 role

2014-04-07 00:00:00

Lauding the role of the civil administration, including the secretaries, during the critical juncture of the country, especially during the last general election, Prime Minister Sheikh Hasina on Monday hoped that their positive and constructive professional role would continue in...

PFIL recommends 20pc cash dividend

2014-04-07 00:00:00

The board of directors of Phoenix Finance and Investments Limited (PFIL) on Monday recommended 20 per cent cash dividend for the year ended on December 31, 2013. The annual general meeting (AGM) of the company will be held on May...

PM praises civil admin for Jan 5 role

2014-04-07 00:00:00

Lauding the role of the civil administration, including the secretaries, during the critical juncture of the country, especially during the last general election, Prime Minister Sheikh Hasina Monday expressed the hope that their positive and constructive professional role would continue...

India hands over bodies of 3 Bangladeshis

2014-04-07 00:00:00

The bodies of three Bangladesh nationals killed by Indian civilians in Tripura were handed over to Bangladesh border guards in Habiganj on Monday night. Second-in-command of Teliamora camp of Indian Border Security Force Birendra Vajpayee and Khowai Police Station officer-in-charge...

Work on to connect 1006 UPs with optical fibre

2014-04-07 00:00:00

Some 108 union parishads (UPs) have already been connected with the optical fibre network as part of the government’s plan to expand the network to all union parishads, Posts, Telecommunication and Information Technology Minister told the Parliament on Monday. With...

PM outlines plan for garment village

2014-04-07 00:00:00

Prime Minister Sheikh Hasina on Monday said the government seeks to set up a planned garment village to provide better and secured work place for the RMG workers. She said this when President of the International Trade Union Confederation and...

\\\'Top terror\\\', his cohort injured by bullets

2014-04-06 00:00:00

An alleged terrorist group leader and his associate sustained bullet injuries in an attack by their rivals at Joypurhat town on Saturday night. The injured were identified as Polsan, allegedly a top terror of the town and his cohort Ujjal....

2 injured in Uttara fire

2014-04-06 00:00:00

A fire erupted at a laundry in a building in Uttara in the city on Sunday morning. Two workers of the laundry were injured in the fire. Firefighters and local people said Tanjin Aziz, 20, and Raj, alias Abdul Khalek,...

Policeman dies in Sitakunda crash

2014-04-06 00:00:00

A policeman was killed on Saturday night when hit by a covered van at Southern Bypass on Dhaka-Chittagong highway in Sitakunda Upazila in Chittagong. He was busy trying to remove from the bypass a lorry that had broken down. Sitakunda...

Stocks open positive

FE Online Report | 2014-04-06 00:00:00

Share prices on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Sunday amid modest seesaw, the first trading day of the week. DSEX, the prime index of the...

India-SL final today: Dhoni awaits record treble

2014-04-06 00:00:00

Under a charismatic Mahendra Singh Dhoni, world champions India could seal an unprecedented limited-overs treble with victory against Sri Lanka in Sunday's World Twenty20 final. After sealing victory in 2011 50-over World Cup final in Mumbai, Dhoni led India to...

3 Bangladeshis beaten dead in Tripura

2014-04-06 00:00:00

Three Bangladeshis have been beaten to death in India’s Tripura state bordering Bangladesh’s Habiganj district. Locals say group of Indian people started beating three Bangladeshis, suspecting them to be thieves, at Gouranagar in Khowai town of Tripura. Border Guard Bangladesh...

Coal import thru\\\' 2 Sylhet land ports suspended

2014-04-06 00:00:00

Coal import from India through Tamabil and Sheola land stations remained suspended for the last couple of days as the Indian traders stopped supply protesting one per cent tax imposition on coal export by their government. According to coal importers...