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Stocks break losing streak

Babul Barman | 2014-04-05 00:00:00

The market witnessed a positive week after five consecutive weeks of negative trend as investors went on a buying spree, mainly multinational companies' stocks. "The market closed higher as the investors reacted positively on time extension of the margin loan...

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2014-04-05 00:00:00

1200 sub-contracting RMG units yet to implement new wages

Shah Alam Nur | 2014-04-05 00:00:00

The country's 1,200 sub-contracting readymade garment (RMG) factories are yet to implement the new wage board even after more than four months of its announcement, which could spark violence in apparel industrial hubs, officials said. The state-run Department of Inspection...

Google exits $1,000 stock club after special dividend

2014-04-05 00:00:00

NEW YORK, Apr 4 (AFP): US technology giant Google Thursday exited the rarified club of $1,000 stocks after creating a new class of shares that some say could be used to finance acquisitions. Google granted to holders of its existing...

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2014-04-05 00:00:00

Pakistani stocks end higher

2014-04-05 00:00:00

KARACHI, Apr 4 (Reuters): Pakistan's main stock exchange closed higher on Thursday, with the benchmark 100-share index of the Karachi Stock Exchange rising 1.45 percent, or 404.34 points to 28,336.36. Continuous foreign and local fund managers' support index kept rising...

Tokyo investors eye Bank of Japan meeting next week

2014-04-05 00:00:00

 TOKYO, Apr 4 (AFP): Tokyo investors will be looking to the Bank of Japan's policy meeting next week for signs of further stimulus measures, a year after policymakers unleashed an unprecedented easing campaign to stoke the economy. Brokers said investor...

Nifty ends below 6,700

2014-04-05 00:00:00

MUMBAI, Apr 4 (Economic Times): The Nifty closed in the negative territory for second consecutive session as investors chose to shift focus to broader markets after a sharp upmove in benchmark indices. The 50-share index ended at 6,692.55, down 43.55...

weekly foreign exchange market review

2014-04-05 00:00:00

Local currency remains stable March 30-April 3, 2014 Commercial Bank of Ceylon PLC The local currency was steady against the green back last week and it was traded at 77.67 levels. Bangladesh received USD 1.27 billion as inward remittances in...

Karnaphuli Water Treatment Plant likely to be ready by Dec

Shamsul Huda | 2014-04-05 00:00:00

The construction work of the Karnaphuli Water Treatment Plant at Rangunia in Chittagong is likely to be completed this year. After completion the plant will be able to supply 143 million litres drinking water per day to Chittagong Water Supply...

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2014-04-05 00:00:00

Public varsities gradually adopting WiFi technology

2014-04-05 00:00:00

FE Report Public universities are gradually adopting WiFi technology to facilitate information communication technology service to their students free of cost. Different government and non-government organisations have come forward to collaborate in setting up WiFi in the universities to provide...

Govt plans one training centre in each upazila

2014-04-05 00:00:00

The government has taken up a plan to set up at least one training centre in each upazila of the country as it puts more emphasis on creating skilled manpower as this force proved more dependable in bringing foreign exchange...

Nat\\\'l Vitamin A-plus campaign today

2014-04-05 00:00:00

The National Vitamin A-plus campaign will be observed across the country today (Saturday) in a bid to prevent childhood blindness and reduce child mortality, reports UNB. Over 22.0 million children, aged between six months and five years, will be fed...

BD to generate electricity from human waste

2014-04-05 00:00:00

After producing biogas from animal wastes and of late electricity, Bangladesh has now embarked on a plan to generate power through effective management of human waste, making a significant milestone in sanitation in South Asia, reports BSS. Development partners came...

3 killed, 11 hurt in Sylhet road accident

2014-04-05 00:00:00

SYLHET, Apr 4 (BSS): Three persons were killed and 11 others injured in a road crash in Pairchar area on the Sylhet-Fenchuganj Highway today. The victims were Rakib Ali, 75, M Zahur Ali, 55, and another unidentified man aged 20-25....

Housewife in city electrocuted

2014-04-05 00:00:00

A housewife was electrocuted in the city's Pallabi area early Friday, reports UNB. The deceased was identified as Nurjahan, 40, wife of Md Abdus Samad of Rahmat Camp in Mirpur-11. Quoting victim's family members, police said the woman came in...

Role of Ansar, VDP in women’s empowerment stressed

2014-04-05 00:00:00

RAJSHAHI, Apr 4 (BSS): Ansar-VDP are playing pivotal role in women empowerment besides removing gender disparity in the grassroots, said the speakers here at a workshop. They said many women are becoming self-reliant after getting Ansar and VDP-sponsored income-generating training...

News in Brief

2014-04-05 00:00:00

Nazrul Sangeet Evening at IGCC today Indira Gandhi Cultural Centre (IGCC) in association with Asian Paints, IRCON and Marico Bangladesh has organised an Evening of Nazrul Sangeet by one of Bangladesh's most popular artistes, Shahid Kabir Polash, at 6:30 PM...

WEATHER

2014-04-05 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur with hail at one or two places over Khulna, Barisal, Dhaka, Chittagong, Rajshahi and Sylhet divisions until 6:00 pm today (Saturday), reports UNB. Weather may remain...

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2014-04-05 00:00:00

10,000 acres to be arranged for industrial plots over 3 years

2014-04-05 00:00:00

FE Report The government has set a priority to arrange over 10,000 acres of land for industrial plots across the country in the next three years, sources have said. The government will set up five special economic zones and seven...

Int\\\'l TUs’ call to reopen Aminul murder probe

Monira Munni | 2014-04-05 00:00:00

Leaders of three global trade unions (TUs) have expressed their resentment over progress in the labour leader Aminul Islam's murder case. They have called upon Bangladesh's Prime Minister to reopen investigations into the killing incident. "We are extremely disappointed that...

Next dev programme for MDGs to top agenda

Rezaul Karim | 2014-04-05 00:00:00

Next development programme for the MDGs, pinpointing areas of regional and south-south co-operation, will be high on the agenda of the upcoming 2nd meeting of cabinet secretaries of the SAARC countries, officials said. The high-powered meeting will be held in...

Budget to be 3 times bigger than BNP regime’s: Muhith

2014-04-05 00:00:00

SYLHET, Apr 4 (UNB): Finance Minister AMA Muhith said on Friday the size of the national budget will be increased by three times during the present tenure compared to that during the last BNP-led alliance government. Speaking at a discussion...

ACC not interested to join hands with Rajuk

Md Shah Jahan | 2014-04-05 00:00:00

The Anti Corruption Commission (ACC) is now reluctant to take part in any drive against some 9,000 buildings constructed violating the designs approved by Rajuk (Rajdhani Unnayan Kartripakkha) saying that it is not the task of the Commission. The anti...

Rejoinder

2014-04-05 00:00:00

The Chittagong Port Authority (CPA) has contradicted a news item published in the March 31, 2014 issue of the Financial Express (FE) under the headline 'CPA counts costs on old vessels procured for Ctg-Pangaon route'. In a rejoinder issued on...

Speedy Trial Act extended to keep BNP out of polls: BNP

2014-04-05 00:00:00

BNP standing committee member Nazrul Islam Khan alleged Friday that the government has extended the tenure of the Speedy Trial Act (STA) by five years 'to keep their party and others out of elections and send party men to jail,'...

Suranjit slams CEC for long vacation

2014-04-05 00:00:00

Senior Awami League (AL) leader Suranjit Sengupta criticised Chief Election Commissioner (CEC) Kazi Rakib Uddin Ahmad Friday for enjoying long vacation during the upazila polls, reports UNB. "It becomes tough for us to defend his long vacation. People think it...

Foreign Ministry to follow direct procurement rule

2014-04-05 00:00:00

Cabinet Economic Affairs Committee turned down a proposal of the Foreign Ministry to follow Japanese law in appointing contractor for the construction of Bangladesh chancery complex in Tokyo, reports UNB. Rather, the cabinet body asked the Foreign Ministry to go...