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Thrust on introducing commodity derivatives exchange in country

FE Report | 2014-03-02 00:00:00

Speakers at a seminar underscored Saturday the need for introducing a commodity derivatives exchange in Bangladesh as it helps hedge price fluctuations and mitigate the risks in case of any stock market crash. For an efficient launching of derivatives here,...

Biman seeks $53.45m hard loan to buy two Boeings

FHM Humayan Kabir | 2014-03-02 00:00:00

The cash-starved Bangladesh Biman is set to borrow US$53.45 million more hard loan for procuring two Boeing aircraft as it sought its approval from the government, officials said Saturday. The ministry of finance (MoF) officials said the non-concessional loan committee,...

Regulatory needs keep Pangaon non-functional

Pankaj Dastider | 2014-03-02 00:00:00

CHITTAGONG, Mar 1: Pangaon Inland Container Terminal has remained non-functional for about four months even after inauguration of the ICT in spite of its commissioning with two container vessels procured by the Chittagong Port Authority. Two major handicaps of the...

Photo: A patient on wheelchair being taken away

2014-03-02 00:00:00

Prayer Timings

2014-03-02 00:00:00

\\\'No B’deshis died in Doha cylinder blast\\\'

2014-03-02 00:00:00

The government on Saturday confirmed that no Bangladeshi died in Thursday's gas cylinder explosion at a Turkish restaurant in the Qatari capital of Doha. Bangladesh Embassy in Doha, however, confirmed that one Bangladeshi suffered minor injuries and he was released...

Degree pass exams begin today

2014-03-02 00:00:00

The degree pass and certificate course examinations of 2012 under the National University begin across the country today (Sunday). Some 475,972 examinees of 1627 colleges are expected to take part in the examination in 666 centres, said a PID handout....

Jamuna oil depot fire; two probe bodies formed

2014-03-02 00:00:00

CHITTAGONG, Mar 1: Two separate committees have been formed on Saturday to investigate the fire incident at the depot of Jamuna Oil Company Ltd in the city's Patenga area on Friday. A five-member inquiry committee headed by Bangladesh Petroleum Corporation...

Man killed in Magura \\\'shootout\\\'

2014-03-02 00:00:00

A man was killed in a shootout between a gang of ‘terrorists’ and law-enforcers at Harishpur village at Shalikha upazila in Magura on Sunday. The deceased was identified as Rajib Biswas, alias Raju, 25, son of late Abdul Jalil Biswas...

Journalist hit and killed by train

2014-03-02 00:00:00

A journalist was hit and killed by an inter-city train at Khilkhet in the city on Saturday evening. The deceased was identified as Zahirul Islam Feroz, 35, a reporter of The Daily Palli Bangla published from Barisal city. He was...

Special drive against drug smugglers under plan

2014-03-02 00:00:00

The government is planning to conduct special drives against suspected drug traders who amassed huge wealth in a very short time by smuggling Yaba through Bangladesh-Myanmar border, officials said. Sources at the Department of Narcotics Control (DNC) said they have...

Mortar shell recovered

2014-03-02 00:00:00

Police recovered a mortar shell at Balia village in Hajiganj in Chandpur district on Saturday evening. Officer-in-charge of Hajiganj Police Station Shah Alam said local people found the mortar shell in a field and informed police. Later, a police team...

Schoolboy stabbed dead

2014-03-02 00:00:00

A schoolboy has been stabbed to death by some unknown miscreants at Hashemia Madrasha area in Cox’s Bazar town. The dead is Sadek, 15, a student of class X of a local school and son of Gafuruddin of Uttar Pukuria...

33 dead in Kunming attacks

2014-03-02 00:00:00

China on Sunday blamed Muslim militants from the restive far western region of Xinjiang for the deadly attack on Kunming Railway Station in the country’s Yunnan province, in which at least 33 have died so far. Four of those killed...

RMG worker beaten dead

2014-03-02 00:00:00

A human-hauler (Leguna) passenger was beaten to death allegedly by its driver and helper at Telirchala in Kaliakoir upazila in Gazipur on Saturday. The victim is Safiuddin Safique, 35, a ready-made garment (RMG) worker of Purbani area of the upazila....

US stocks buoyant despite weak data, Ukraine tensions

2014-03-02 00:00:00

US stocks closed at the end of trading last month buoyant with a fresh record for the S&P 500 as bullish sentiment dominated trade despite mediocre economic data and rising tensions over Ukraine. The S&P 500 was the week’s star,...

Hartal underway peacefully in Natore

2014-03-02 00:00:00

A daylong hartal, enforced by Natore district unit of BNP protesting “vote rigging” during the 2nd phase of upazila elections, is progressing peacefully in the northern on Sunday. Jatiyatabadi Swechhasebok Dal, BNP’s voluntary wing, brought out a procession in support...

Stocks see positive trend at opening

FE Report | 2014-03-02 00:00:00

Share prices on both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Sunday, the opening session of the week. DSEX, the prime index of the DSE went...

Negligence attributed to Jamuna oil depot fire

2014-03-02 00:00:00

Gross negligence of duty, allegedly by some officials, including engineer (maintenance) and depot manager, of the state-run Jamuna Oil Company Ltd, caused the Friday’s fire at its oil depot in the city’s Patenga area. At least nine employees of Jamuna...

3 Satkhira Jamaat men jailed

2014-03-02 00:00:00

A mobile court in Satkhira has sentenced three activists of Bangladesh Jamaat-e-Islami to one year imprisonment each on charge of planning to carry out subversive activities in Kaliganj upazila of the south-eastern district. Police said Asaduzzaman Sardar, 40, a resident...

JCD leader injured in UZ polls violence dies

2014-03-02 00:00:00

A local leader of Jatiyatabadi Chhatra Dal (JCD), injured in a rival party attack during the 2nd phase of upazila elections, succumbed to his injures in a hospital in Jessore on Friday night. Mainuddin, president of Shinghajhuli union unit of...

Putin ready to invade Ukraine, Kiev warns of war

2014-03-02 00:00:00

Russian President Vladimir Putin has demanded and won his parliament’s approval to invade Ukraine, where the new government warned of war, put its troops on high alert and appealed to NATO for help. Putin’s open assertion of the right to...

5 listed banks recommend dividend

FE Online Report | 2014-03-02 00:00:00

Five listed banks – Eastern Bank, Brac Bank, United Commercial Bank, Pubali Bank and Al-Arafah Islami Bank Ltd-- on Sunday recommended dividends for the year ended on December 31, 2013, according to the Dhaka Stock Exchange (DSE) website. Eastern Bank...

Injured ansar man dies at DMCH

2014-03-02 00:00:00

A member of Ansar and Village Defence Party, injured in an attack in Noakhali during the second phase of upazila polls, succumbed to his injuries at Dhaka Medical College Hospital (DMCH) on Sunday morning. The dead is Jamaluddin, 35, a...

PM for upgrading early warning, disaster mitigation system

2014-03-02 00:00:00

Stressing upgrading the traditional early warning and disaster mitigation system, Prime Minister Sheikh Hasina has said that international cooperation for exchange of weather data and information is very important for worldwide disaster management. “Since meteorological phenomena do not obey political...

Relaxed hartal in 2 Kushtia upazilas

2014-03-02 00:00:00

The dawn-to-dusk shutdown, called for Sunday in two upazilas of Kushtia district by the local units of BNP, has been progressing in a relaxed way. BNP has been enforcing the general strike (hartal) since 6am today in Khoksha and Kumarkhali...

Bangladeshi injured in BSF firing dies in India

2014-03-02 00:00:00

A Bangladeshi young man, shot and injured by the members of Indian Border Security Force (BSF) on Saturday in Kurigram’s Shimulbari border, died in a hospital in Cooch Behar district of India’s West Bengal state on Sunday. The dead is...

India lose first wicket against Pakistan

2014-03-02 00:00:00

India lost opener Shikhar Dhawan early in their innings after Pakistan captain Misbah-ul-Haq won the toss and chose to bowl in their third Asia Cup ’14 match at Khan Saheb Ali Stadium in Fatullah today. India scored 25 runs for...

HC issues contempt rule against Prothom Alo editor, asstt editor

2014-03-02 00:00:00

The High Court (HC) on Sunday issued a contempt of court rule against Prothom Alo editor Motiur Rahman and its assistant editor Mizanur Rahman Khan for publishing two articles in the newspaper. An HC division bench comprising Barrister Naima Haider...

Bangladeshis safe in Kunming: Ministry

2014-03-02 00:00:00

No Bangladeshi is among those injured and dead in the mass knife-attack at a railway station of Yunnan’s provincial capital Kunming, China on Sunday night. At least 33 people were killed and at least 140 wounded in the knife-attack, triggering...