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Al-Qaeda conduit nabbed, claims RAB

2014-02-18 00:00:00

The Rapid Action Battalion (RAB) claims they have arrested a young man who received and circulated the audio-video message of al-Qaeda chief Ayman Al-Zawahiri calling for an 'intifada' (uprising) in Bangladesh. RAB personnel nabbed 21-year old Md Rasel Bin Sattar...

PM seeks more Qatari investment

2014-02-18 00:00:00

Prime Minister Sheikh Hasina on Tuesday requested Qatar to invest more in Bangladesh and also take more manpower from the country for mutual benefit of the people of the two countries. The Prime Minister made the request when newly-appointed Ambassador...

Narsingdi BCL leader Shaheen Quader shot dead at Shibpur

2014-02-18 00:00:00

Law enforcers crossed limit at RU: NHRC

2014-02-18 00:00:00

Chairman of the National Human Rights Commission (NHRC) Dr Mizanur Rahman Tuesday said the law enforcers crossed their limit by making attacks on a recent peaceful rally of Rajshahi University students. “Members of the law enforcement agencies crossed their limit...

Law minister hints at political dialogue after upazila polls

2014-02-18 00:00:00

Law Minister Anisul Haq Tuesday said the government favours dialogue with the political parties to boost the democratic process The possibility of a dialogue will increase after the on-going upazila polls, the minister told the Canadian High Commissioner Heather Cruden...

Foreign RMG unit resumes production at Mongla EPZ

2014-02-18 00:00:00

A foreign ready-made garment unit at Mongla Export Processing Zone in Bagerhat resumed production on Tuesday after one day’s suspension following labour unrest. Authorities of ‘Mongla Knitwear Private Ltd’ of Hong Kong suspended the production at the factory on Monday...

Anisul hints at dialogue after UZ polls

2014-02-18 00:00:00

Law Minister Anisul Haq on Tuesday said the government favours dialogue with the political parties to boost the democratic process. The possibility of a dialogue will increase after the on-going upazila polls, the minister told the Canadian High Commissioner Heather...

American Corner in Rajshahi

2014-02-18 00:00:00

The US ambassador in Bangladesh wants to see more Bangladeshi students studying in American institutions to what he has said build “personal bridges” between the two countries. Dan Mozena was inaugurating an ‘American Corner’ in Rajshahi Tuesday. He said his...

Bangladeshi TV boss jailed

2014-02-18 00:00:00

The founder of a television station for Britain’s Bangladeshi community has been jailed for three years over a crash-for-cash insurance scam. Mohammed Ferdhaus, 40, admitted to laundering half a million pounds from a scam operated by his brother, Mohammed Samsul...

BCL leader killed in Narsingdi

2014-02-18 00:00:00

Miscreants hacked to death the Narsingdi district Organising Secretary of the ruling Awami League's student affiliate Bangladesh Chhatra League (BCL) at Shibpur Upazila of the district Tuesday afternoon. Mainuddin died on the spot after a group of criminals hacked him...

Voting in 97 upazilas Wednesday

2014-02-18 00:00:00

Amid huge enthusiasm among locals, 97 upazilas in 40 districts are going to polls on Wednesday in the first of the staggered local body elections.The voting will open at 8.00 am and continue till 4.00pm without any break. The Election...

BSEC slaps fine on 5 brokerage houses

2014-02-18 00:00:00

Bangladesh Securities and Exchange Commission (BSEC) on Tuesday slapped a fine of Tk 2.8 million on five brokerage houses and an investor for violating rules and regulations. The decision came from a meeting, chaired by BSEC chairman Prof Dr M...

Telangana bill passed

2014-02-18 00:00:00

Lok Sabha on Tuesday passed the controversial bill that seeks to create Telangana as the 29th state of the Indian Union bifurcating southern state of Andhra Pradesh. The Andhra Pradesh Reorganisation Bill, 2014 was adopted by voice vote along with...

China removes $8bn from money markets

2014-02-18 00:00:00

China's central bank has removed nearly $8bn (£4.7bn) from the money markets in a bid to control the amount of credit in the country's financial system. According to reports, the People's Bank of China (PBOC) did so by issuing 14-day...

Telangana bill passed

2014-02-18 00:00:00

Lok Sabha, the lower House of the bicameral Indian Parliament, Tuesday passed the controversial bill that seeks to create Telangana as the 29th state of the Indian Union bifurcating southern state of Andhra Pradesh. The Andhra Pradesh Reorganisation Bill, 2014...

King to float stock in US

2014-02-18 00:00:00

King, the computer games developer behind Candy Crush Saga, has filed to float on the New York Stock Exchange. The British technology firm has not yet revealed the number of shares to be offered, or their price range. However, its...

Gas, power price hike on cards

2014-02-18 00:00:00

The government is planning to increase the gas and power prices, said State Minister for Power Nasrul Hamid in Dhaka on Tuesday. Nasrul Hamid came up with the government plan while addressing a conference of diploma engineers of the Power...

European stocks mixed on German data, ruble hits new low

AFP | 2014-02-18 00:00:00

 LONDON: European stocks markets struggled for direction on Tuesday as investors reacted to regional economic data, including weaker business sentiment in Germany and lower British inflation. Frankfurt's DAX 30 index edged up 0.05 per cent to 9,661.75 points and the...

Real estate: Strengthening regulatory mechanisms

Abu Taher | 2014-02-18 00:00:00

The real estate is one of the fastest growing and thrust sectors in Bangladesh. For rapid urbanisation, infrastructural development is highly important as well as a crying need for proper housing facilities for the citizens. Bangladesh, being one of the...

Good governance in banking sector: A myth?

Alamgir Kabir | 2014-02-18 00:00:00

Scarcely our banking sector had time to recover its equilibrium unsettled by the Hallmark scam when it was further undermined by the shuddering revelations of irregularities by the BASIC Bank. The bank's disbursement of loan worth of Tk 30 billion...

The middle class\\\'s missing $1.6 trillion

Charles R. Morris writes for Reuters | 2014-02-18 00:00:00

The United States was the world's first middle-class nation, which was a big factor in its rapid growth.  Mid-19th-century British travellers marvelled at American workers' "ductility of mind and the readiness…for a new thing" and admired how hard and willingly...

Caring for juvenile delinquents

2014-02-18 00:00:00

It surely was a violent protest but the target of the protesters' violence was none other but themselves. As many as 20 juvenile delinquents at the Tongi correction centre inflicted gashing wounds on their persons with sharp objects last Tuesday...

Impact of Aid for Trade

Hasnat Abdul Hye | 2014-02-18 00:00:00

Aid for Trade (AFT) has been at work for quite some time in Bangladesh. It is an initiative of the World Trade Organistion (WTO) aimed at enhancing developing countries' capacity to promote trade. The assumption behind this is that there...

Lok Sabha election and Indian politics

Mohammad Amjad Hossain from Virgnia, USA | 2014-02-18 00:00:00

As the countdown to India's Lok Sabha elections in May this year has begun, temperature in the country's political arena has been rising. Newly-elected Chief Minister of New Delhi Arvind Kejriwal of the Aam Aadmi Party dramatically resigned on February...

Telephone services

2014-02-18 00:00:00

People use the land phone as a good mode of communication. However, access to such communication system has become difficult as service is erratic. My BTCL land phone is not in proper order for months. Sometimes outgoing local calls can...

Hatirjheel and reckless driving

2014-02-18 00:00:00

 Hatirjheel is a big area situated at the heart of the capital city. This was mainly developed for public transportation, but the place has also earned a name for recreation.  Since its inauguration on January 02, 2013, Hatirjheel has not...

Miscellaneous thoughts

2014-02-18 00:00:00

Every day early in the morning, I try to visit a few newspapers from the website. I cannot reach some dailies in the first go; I have to fill up some words and numbers to get access to them. This...

Problems faced by the shrimp industry

Sarwar Md. Saifullah Khaled | 2014-02-18 00:00:00

Research studies indicate that the shrimp industry is one of the most important contributors to economic development of the country. Foreign exchange earnings from frozen shrimp exports in 2009-2010 were US$ 400 million. The main cultured species is the tiger...

BracNet to provide Internet service for BFF

2014-02-18 00:00:00

BracNet was named on Tuesday as the official Internet Service Provider of Bangladesh Football Federation (BFF). A deal was signed between the BFF and the BracNet at the BFF House in this regard. BFF senior vice-president Abdus Salam Murshedy and...

Tapping the latent strength of agriculture

B K Mukhopadhyay from Kolkata | 2014-02-18 00:00:00

As European Commissioner for Agriculture and Rural Development Dacian Ciolos said, greater emphasis has to be given to two factors for modernising agriculture. These are innovation and youth. Young farmers naturally bring innovative and progressive ideas in line with the...