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ACC grills ex-APS Shailel on graft charges

2014-02-18 00:00:00

The Anti Corruption Commission (ACC) on Tuesday interrogated Soumendra Lal Chandra Shailel, former assistant personal secretary (APS) of ex-State Minister for Religious Affairs Advocate M Shahjahan Miah, on graft charges. ACC deputy director Ahsan Ali grilled Shailel for two hours...

Stocks extend losing streak for 4th session

FE Online Report | 2014-02-18 00:00:00

The market extended losing streak for the fourth running session Tuesday as investors continued to sell stocks amid cautious trading. The market opened with a positive note, and the main index of the premier bourse gained 29 points within first...

Perera leads SL to ODI win over Tigers

2014-02-18 00:00:00

Thisara Perera's brilliant counter-attack inspired Sri Lanka to a 13-run win over Bangladesh in the first one-day international (ODI) cricket match at Mirpur in Dhaka on Monday, giving the tourists an 1-0 lead in the 3-match series. Perera smashed an...

Youth\\\'s body dumped in Buriganga after murder

2014-02-18 00:00:00

Police has found a body of a youth with bricks tied to his feet in Buriganga River in Soarighat in old part of Dhaka city. The deceased, aged approximately 20 years of age, was wearing jeans and a red T-shirt....

Newspaper sector declared industry

2014-02-18 00:00:00

The government has declared the newspaper sector as an industry separating it from the service sector in an effort to ensure a stronger and vibrant media industry in the country. Industries Minister Amir Hossain Amu made the declaration on Tuesday...

Khaleda addresses senior journalists tonight

2014-02-18 00:00:00

BNP chairperson and 19-party alliance leader Khaleda Zia will meet senior journalists of the country on Tuesday night. The meeting, which is scheduled to begin at the BNP chief’s residence at Gulshan in the city around 8:00pm, may discuss the...

Japanese investment sought in gas exploration

2014-02-18 00:00:00

Bangladesh sought Japanese investment in gas exploration and technological support in boosting the efficiency of fertilizer factories Tuesday.  “Japan can invest in gas exploration apart from providing technological support in boosting the efficiency of Bangladesh’s fertilizer factories,” said Industries Minister...

Daylong workshop of Al-Arafah bank held

2014-02-18 00:00:00

A daylong Workshop on ‘AML & CFT issues for BAMLCOs’ held at Al-Arafah Islami Bank Training & Research Academy Tuesday. Managing Director of the bank Md. Habibur Rahman inaugurated the workshop as chief guest, according to a press release. Principal...

Rizvi questions neutrality of EC

2014-02-18 00:00:00

BNP joint secretary general Ruhul Kabir Rizvi has alleged that the Election Commission is not working neutrally, and playing ‘a silent role’ in the lead-up to the Upazila elections. The BNP leader made the remarks while talking to reporters at...

BNP doubtful about credible UZ polls

2014-02-18 00:00:00

Airing doubt about credible upazila (UZ) elections beginning on Wednesday, BNP acting secretary general Mirza Fakhrul Islam Alamgir on Tuesday alleged that the Election Commission (EC) has failed to ensure a congenial atmosphere for free and fair upazila elections as...

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...