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Myanmar govt discriminating against Rohingyas

2014-02-25 00:00:00

A rights group says it has evidence of Myanmar's government discriminating against Muslim Rohingya, restricting their movements and family size. Fortify Rights said that the government's orders, shown in leaked documents, amounted to "state policies of persecution" in Rakhine state....

Stocks close higher for second day

FE Online Report | 2014-02-25 00:00:00

Stocks edged higher for the second running session Tuesday with turnover improved further as investors took position amid optimism. The market opened with a positive note and the key index of the prime bourse gained 32 points within first 30...

Taiwan builds sensitive satellite equipment

2014-02-25 00:00:00

Taiwan has successfully developed a key satellite component whose export is controlled by space powers, an official said Tuesday, calling it a "milestone" in efforts to build its own space technology. Three Taiwanese research and weather satellites launched between 1999...

10 killed in Thai building collapse

2014-02-25 00:00:00

At least 10 workers died and 17 others were injured when a large concrete beam collapsed Tuesday at a construction site just outside Bangkok, police said. Television footage showed rescue workers using sniffer dogs and a digger to reach bodies...

Nigerian Militants kill 29 pupils

2014-02-25 00:00:00

Militants from the Boko Haram group in north-eastern Nigeria have attacked a school and shot some students, the military has said. Gunmen from Islamist group Boko Haram stormed a boarding school in northeast Nigeria overnight and killed 29 pupils, many...

PM distributes cheques among BDR victims

2014-02-25 00:00:00

Prime Minister Sheikh Hasina on Tuesday distributed cheques of financial assistance among the dependants of army officers killed brutally during the February 25-26 (2009) carnage inside the BDR (now BGB) headquarters at the city’s Peelkhana. She handed over the cheques...

Forex, commodity mkt update

2014-02-25 00:00:00

The dollar was at 102.30 yen compared with 102.48 yen in New York late Monday. The euro bought $1.3753 and 140.66 yen against $1.3734 and 140.76 yen. There was little immediate reaction to news that Italy's new Prime Minister Matteo...

Dhaka-Delhi to discuss textiles sector cooperation

2014-02-25 00:00:00

The first meeting of the joint working group (JWG) for cooperation in textiles sector between Bangladesh and India will be held here on Thursday, said an official. Bangladesh and India signed a memorandum of understanding (MoU) on cooperation in textiles...

BNP demands fresh probe into Peelkhana carnage

2014-02-25 00:00:00

Terming the BDR mutiny trial a farce, BNP acting secretary general Mirza Fakhrul Islam Alamgir on Tuesday demanded a fair, impartial and fresh investigation into the 2009 Peelkhana carnage. “The BDR massacre took place as part of a deep-rooted plot...

Drought-hit Malaysia rations water

2014-02-25 00:00:00

Authorities began rationing water to thousands of households in Malaysia's most populous state Tuesday, as a dry spell depletes reservoirs across a country normally known for its steady tropical downpours. Much of Malaysia has been under bone-dry conditions for a...

Arms, ammo ‘dumped by JMB men’ seized

2014-02-25 00:00:00

Police recovered six pistols, 41 bullets and four hand bombs in a bag, believed to be dumped by activists of Jama’atul Mujahideen Bangladesh (JMB), from Garobazar area in Ghatail upazila on Tuesday morning. Officer-in-charge of Ghatail Police Station Fazlul Kabir...

Israeli police clash with protesters at Al-Aqsa

2014-02-25 00:00:00

Israeli police Tuesday entered the sensitive Al-Aqsa mosque compound in Jerusalem's Old City to disperse stone-throwing Palestinian protesters, a police spokesman said. The clashes came as parliament was to debate a bill calling for Israeli sovereignty over the compound, Islam's...

Obama announces new manufacturing hubs

2014-02-25 00:00:00

President Barack Obama is satisfying a year-old pledge by announcing the creation of two Pentagon-led institutes that will combine public and private resources to foster manufacturing innovation. One center will be in Obama's hometown of Chicago, the other will be...

HSBC, ICC launch Trade Knowledge Centre

FE Online Report | 2014-02-25 00:00:00

The Hongkong and Shanghai Banking Corporation Limited in Bangladesh and International Chamber of Commerce- Bangladesh: the world business organisation, have jointly launched a trade knowledge and network building platform titled “ICC Knowledge Centre”. The launching was complemented by a MOU...

TPP talks progress in Singapore

2014-02-25 00:00:00

Asia-Pacific trade ministers negotiating a huge US-led free trade area said Tuesday they were making headway but differences remain over market access. In a joint statement at the end of a four-day meeting in Singapore, the 12 prospective members of...

Emirates SkyCargo opens new office in Dhaka

2014-02-25 00:00:00

Emirates SkyCargo, the freight division of Emirates, has opened a new office at the Export Cargo Village of Hazrat Shahjalal International Airport (HSIA) in Dhaka. The modern state-of-the-art facility will enable SkyCargo to provide more personalised services to Bangladeshi exporters...

Electioneering in 116 UZs ends midnight

2014-02-25 00:00:00

The curtain falls on the tense election campaign in 116 upazila (UZs) parishads of the country’s 52 districts on Tuesday midnight, 32 hours before the voting opens in the upazilas. The voting will take place from 8am to 4pm on...

Ukraine leader warns of separatism

2014-02-25 00:00:00

Ukraine's interim President Olexander Turchynov has warned of the dangers of separatism following the ousting of President Viktor Yanukovych. Many in Ukraine's Russian-speaking regions oppose his overthrow and the installation of a more European-leaning interim administration. Russia is also angry...

Egypt minister to form new government

2014-02-25 00:00:00

Egypt's president has asked outgoing housing minister Ibrahim Mahlab to form a new government, state media report, a day after the caretaker cabinet quit. Interim Prime Minister Hazem Beblawi did not give a clear reason for his government's resignation on...

India leader warns about corruption

2014-02-25 00:00:00

India could break apart if it doesn't tackle corruption in its political system, the leader of its newest party has warned. Arvind Kejriwal of the anti-corruption Aam Aadmi Party (AAP) told the BBC that politicians were to blame for India's...

Oil prices slide

2014-02-25 00:00:00

Oil prices lost ground on Tuesday as caution set in before the release of US economic and stockpiles data, analysts said. New York's main contract, West Texas Intermediate (WTI) for delivery in April, sank 97 cents to $101.85 per barrel....

ECNEC approves 5 projects

2014-02-25 00:00:00

The Executive Committee of National Economic Council (ECNEC) today approved Pourashava Water and Sanitation project aimed at providing safe drinking water and sanitation facilities to 40 Pourashavas of all the seven Divisions in the country involving Taka 184 crore. The...

Gov examines PTA with Myanmar

2014-02-25 00:00:00

Commerce Minister Tofail Ahmed today told the Jatiya Sangsad that the government is examining signing of Preferential Trade Agreement (PTA) with Myanmar to expand market for Bangladesh products. Replying to a question from treasury bench member Moazzem Hossain Ratan, he...

Blackberry unveils new smart phone

2014-02-25 00:00:00

Struggling Canadian handset maker Blackberry unveiled Tuesday its first smartphones built by new Taiwanese partner Foxconn as it fights to recover from huge losses. Blackberry showed off two devices to help it claw back market share in a new a...

Trade number 1 agenda for 3rd BIMSTEC summit

2014-02-25 00:00:00

Trade issue will dominate the third summit of head of states and governments of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) to be held in Naypidaw, capital of Myanmar, on March 4, Parliament was told...

Russian shrimp ban may go soon

2014-02-25 00:00:00

The government has initiated moves to clear the way for resumption of shrimp exports to Russia, Fisheries and Livestock Minister Mohammad Sayedul Haque has said. The minister told reporters about step Tuesday after a meeting with the Russian Ambassador to...

BSEC delegation to meet PM Wednesday

2014-02-25 00:00:00

A delegation of the Bangladesh Securities and Exchange Commission (BSEC) will meet Prime Minister Sheikh Hasina on Wednesday to apprise the Prime Minister about the overall situation of the capital market. Demutualisation of bourses and the achievements of the market...

Signing PTA with Myanmar under scrutiny: Tofail

2014-02-25 00:00:00

Bangladesh has been scrutinising the prospect of having a ‘Preferential Trade Agreement’ (PTA) with its close neighbour Myanmar in a bid to enhance trade between the two countries, Commerce Minister Tofail Ahmed told Parliament Tuesday. Bangladesh Tariff Commission (BTC) has...

Mushfiqur attends hearing of cricket board

2014-02-25 00:00:00

Mushfiqur Rahim had to attend a hearing after expressing dissatisfaction over the process of selecting the Asia Cup squad. Akram Khan, the board’s cricket operations committee chairman, along with acting chief executive Nizamuddin Chowdhury, was present during the hearing, Akram...

HC vacates 8 posts of directors in Pubali Bank

2014-02-25 00:00:00

Eight posts of directors in Pubali Bank have been vacated by the High Court because of non-compliance with share holding regulations. The eight posts are that of Chairman Hafiz Ahmed Mazumder, directors Muhammad Faizur Rahman, Ahmed Shafi Choudhury, Fahim Ahmed...