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More BRTC buses, taxicabs to operate in city

2014-02-07 00:00:00

Communications Minister Obaidul Quader said on Thursday that the government will soon operate more BRTC buses and taxicabs in the city to case transport crisis. "More BRTC buses and taxicabs will be launched soon in the city and necessary steps...

BAF aircraft makes emergency landing in Jessore

2014-02-07 00:00:00

An aircraft of Bangladesh Air Force (BAF) made an emergency landing at Maydi village near Jessore Airport on Thursday morning due to a technical glitch. The aircraft had to make the emergency landing around 11:22 am during a regular training,...

BSF takes away youth\\\'s body from Benapole border

2014-02-07 00:00:00

Indian Border Security Force (BSF) personnel killed a young man and took away his body from Ichhamati River along Putkhali border in Sharsha upazila of Jessore on Thursday afternoon. Border Guard Bangladesh (BGB) sources said local people found the body...

With police in hot pursuit, man drowns in Kaptai Lake

2014-02-07 00:00:00

Allegedly chased by police, an activist of Projonmo League, a pro-Awami League organisation, jumped into Kaptai Lake in Rangamati and drowned on Wednesday. The victim is Md Ziaul Haque, 36, son of late Nazmul Haque, a resident of Shantinagar village...

Minor killed in wall collapse

2014-02-07 00:00:00

A minor boy was killed and his mother injured as the mud wall of their house collapsed on them at Sitarampur village in Jessore Sadar upazila Benapole on Thursday. The deceased was identified as Shihab Uddin, 4, son of Shukur...

Lankan \\\'Lions\\\' take 161-run lead over Tigers

2014-02-07 00:00:00

Bangladesh, replying to Sri Lanka's first innings total of 587, were all out for 426 within 25 minutes of the start of the fourth day’s play in the second cricket Test at Zahur Ahmed Chowdhury Stadium in Chittagong on Friday....

Wall Street turns quickly on hot Internet

2014-02-07 00:00:00

Wall Street toasted Yelp, but threw tomatoes at Twitter and Pandora after mixed earnings results prompted big swings in the valuations of a trio of hot Internet stocks. The market’s abrupt shifts on Thursday highlighted just how quickly sentiment can...

Asian shares mostly higher

2014-02-07 00:00:00

Asian markets mostly rose on Friday, taking a strong lead from Wall Street as investors became a little more upbeat about the US economy ahead of the release of crucial jobs data later in the day. The euro held up...

1 gets life for murder

2014-02-07 00:00:00

A Sylhet court has sentenced a man to life term imprisonment for killing a man about 15 years ago. The court also fined the convict, Fajar Ali, 40, Tk 1,000, in default, to suffer two months more rigorous imprisonment. According...

17 bombs recovered in city

2014-02-07 00:00:00

Rapid Action Battalion (Rab) personnel recovered nine petrol bombs and eight crude bombs from a house at Mohammadur in the city on Thursday night. Additional Superintendent of Police Raihan Uddin of Rab-2 said being tipped-off, a team of Rab-2 conducted...

BTRC moves to craft mobile banking policy guideline

FE Report | 2014-02-06 00:00:00

The country's telecom regulator has moved to formulate a new policy guideline to make the rapidly growing transactions through mobile banking more secured and transparent. The Bangladesh Telecommunication Regulatory Commission (BTRC) formed two separate committees in this regard after instructions...

Australian cos look out for local partners, says trade official

Kamrun Nahar | 2014-02-06 00:00:00

Australia is interested to further enhance its trade and investments in Bangladesh to the mutual benefit of the two countries, a senior Australian trade official has said. Australian entrepreneurs are eager to explore business opportunities in Bangladesh in areas like...

Rampant import of raw rubber threatens local production

Rezaul Karim | 2014-02-06 00:00:00

3500 tonnes of locally produced raw rubber worth Tk 630 million has long been lying unsold, officials close to the sector said. Besides, the domestic rubber industry is lately facing a threat due to the rampant import of raw rubber...

ADB awards three best performing project teams

FE Report | 2014-02-06 00:00:00

The Asian Development Bank (ADB) has awarded the teams of three best performing projects in Bangladesh under various ministries as part of its efforts to promote efficient project implementation. The award winning projects are 'second crop diversification project,' executed jointly...

Carmakers hope for better days at morose India Auto Show

2014-02-06 00:00:00

NEW DELHI, Feb 5 (AFP): Global car manufacturers jostled for attention at the opening of the Indian Auto Expo on Wednesday, attempting to revive buyers' interest in a local market that is contracting for the first time in a decade....

JPMorgan to pay $614m to settle charges on bad loans

2014-02-06 00:00:00

NEW YORK, Feb 5 (AFP): JPMorgan Chase will pay $614 million to settle US charges that it approved thousands of bad loans that wrongly qualified for federal insurance, the Department of Justice announced Tuesday. The big US bank approved thousands...

News Briefs

2014-02-06 00:00:00

BIA urges Jamaat to suspend hartal Bangladesh Insurance Association (BIA) has urged Bangladesh Jamaat-e-Islami to postpone Thursday's hartal for greater interest of the nation. BIA president Sheikh Kabir Hossain in a press release said large-scale destruction during hartals causes significant...

Photo: IIDFC Limited

2014-02-06 00:00:00

BD exports to Turkey cross $1.0b mark

FE Report | 2014-02-06 00:00:00

Bangladesh's exports to Turkey crossed US$1.0-billion mark for the first time in 2013 following a significant rise in the shipment of garment products despite having safeguard measures there. Increased shipments of some other products including non-knitted products, jute yarn and...

JETRO urged to ink MoU with DCCI

2014-02-06 00:00:00

Japan External Trade Organisation (JETRO) has been urged to sign a Memorandum of Understanding (MoU) with DCCI to accelerate bilateral trade between Bangladesh and Japan. President of Dhaka Chamber of Commerce and Industry (DCCI) Mohammad Shahjahan Khan made the appeal...

Int\\\'l Tourism Fair begins in Ctg today

2014-02-06 00:00:00

A three-day international tourism fair titled Chittagong Travel Mart-2013 begins at The Peninsula Chittagong today (Thursday), said a press release. The Bangladesh Monitor, a travel publication, is organising the fair for the fifth time. Participants from home and abroad, including...

Thai Islamic bank swings to profit, trims bad debt

2014-02-06 00:00:00

BANGKOK, Feb 5 (Reuters): State-owned Islamic Bank of Thailand has swung to profit in 2013, as it continues to trim its bad debt portfolio while growing deposits and expanding small-business lending. The only sharia-compliant lender in the country made an...

Taking free legal aid services to workers\\\' doorsteps stressed

FE Report | 2014-02-06 00:00:00

Speakers at a meeting Wednesday strongly emphasised on taking free legal aid services to the doorsteps of country's workers, especially in the readymade garment (RMG) sector. They also suggested creation of awareness among the workers and the mid-level employees on...

Cyprus banks saddled with massive non-performing loans

2014-02-06 00:00:00

NICOSIA, Feb 5 (AFP): Banks in recession-hit Cyprus, reeling from a financial crisis, are struggling with non-performing loans that make up nearly half their lending and are hampering efforts to finance a cash-starved economy. The central bank says banks' liquidity...

exchange rate

2014-02-06 00:00:00

Photo: CEO of Sharp Corporation Asia Pacific Noboru Fujimoto

2014-02-06 00:00:00

Photo: JAKARTA: An Indonesian teller counting 100,000 Rupiah notes

2014-02-06 00:00:00

New Microsoft chief underlines Indian-bred success abroad

2014-02-06 00:00:00

MUMBAI, Feb 5 (AFP) : India on Wednesday celebrated the appointment of Satya Nadella as the new chief executive of Microsoft, seeing it as another endorsement of home-grown talent that has risen to the top of the US corporate world....

Emirates to expand Nigerian network

2014-02-06 00:00:00

Emirates will expand its presence in Africa's most populous country Nigeria, with the start of a daily linked service to Abuja and Kano from August 1, 2014. .Emirates presently operates double daily service to Lagos of Nigeria. On Mondays, Wednesdays,...

Eurozone business activity best since June 2011

2014-02-06 00:00:00

BRUSSELS, Feb 5 (AFP): Eurozone private sector business activity in January showed the best performance since June 2011, fresh evidence that a modest recovery is gaining traction, a key survey showed on Wednesday. Markit Economics said its Eurozone Composite Purchasing...