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Sale of savings tools records rise

Arafat Ara | 2014-01-28 00:00:00

The net sales of public savings certificates rose by nearly 22 times in the first half of the current fiscal compared to the corresponding period of last FY due mainly to poor withdrawal of investment by savers, officials said. The...

Banco Popolare shares plunge on surprise recapitalisation

2014-01-28 00:00:00

ROME, Jan 27 (AFP): Shares in Italy's Banco Popolare plunged on the Milan stock exchange on Monday, dragging other bank shares down, after it announced an unexpected capital increase. The bank's shares on the FTSE Mib were down 12.67 per...

HK shares drop to 5-month low

2014-01-28 00:00:00

HONG KONG, Jan 27 (Reuters): Hong Kong shares tumbled to five-month lows on Monday, as a broad selloff in emerging markets escalated, taking a key benchmark further below a significant long-term technical level. The Hang Seng Index ended down 2.1...

Photo: NCC Bank Ltd

2014-01-28 00:00:00

Photo: BRAC Bank Limited

2014-01-28 00:00:00

Photo: BASIC Bank Limited

2014-01-28 00:00:00

IPO DIARY

2014-01-28 00:00:00

Tigers dismissed at 232 as bowlers reign first day

2014-01-28 00:00:00

Seamers Shaminda Eranga and Suranga Lakmal shared seven Bangladesh wickets as Sri Lanka dominated the opening day of the first Test in Dhaka Monday, reports AFP. Eranga finished with 4-49 and Lakmal claimed 3-66 to help bowl out Bangladesh for...

Feni Soccer Club hold Brothers Union 1-1

2014-01-28 00:00:00

Lowly Soccer Club, Feni forced giant killer Brothers Union Club to 1-1 draw in the only match of Bangladesh Premier Football League at the Bangabandhu National Stadium in the city on Monday, reports UNB. The Gopibagh-based Brothers Union Club, which...

NSU advance to super eight beating SEU by 32 runs

2014-01-28 00:00:00

North South University (NSU) moved to the "super eight" stage of the 7th ULAB Fair Play Cup Inter-Private University T20 Cricket Tournament beating South East University (SEU) by 32 runs at the ULAB playground in Mohammadpur Monday, reports UNB. Sent...

Messi\\\'s creativity as important as goals, says Martino

2014-01-28 00:00:00

MADRID, Jan 27 (AFP): Barcelona coach Gerardo Martino hailed compatriot Lionel Messi's passing ability after the Catalans moved back to the top of La Liga with a 3-0 win over Malaga at the Camp Nou on Sunday. Messi's run without...

World Cup stadium opens a day after protests

2014-01-28 00:00:00

SAO PAULO, Jan 27 (AP): The latest stadium inaugurated for the World Cup in Brazil held its first two matches without major glitches on Sunday, a day after demonstrators across Brazil protested against the tournament. The Arena das Dunas in...

Wawrinka still stunned he won Australian Open

2014-01-28 00:00:00

MELBOURNE, Jan 27 (AP): After winning the Australian Open, some players have jumped for joy into the Yarra River. Many pop champagne and indulge in late-night celebrations. Most set new goals and start thinking about the Grand Slams they want...

China 2-0 up in Davis Cup New Zealand tie

2014-01-28 00:00:00

BEIJING, Jan 27 (AFP): China's Davis Cup singles tennis players both came from behind to win the opening matches in the Asia/Oceania Group 1 tie against New Zealand Monday. In the first rubber in the northern port city of Tianjin,...

sports digest

2014-01-28 00:00:00

Ajax post win in Premier Hockey Ajax Sporting Club recorded a 3-1 goals victory over Dhaka Wanderers Club in the lone match Green Delta Insurance Premier Division Hockey League held at the Moulana Bhasani National Hockey Stadium Monday. In the...

Photo: SINGAPORE: WTA star Eugenie Bouchard (R) talks to the pressmen while Chris Evert (C), official WTA Championships ambassador, and Stacey Allaster (L)

2014-01-28 00:00:00

Tension grips Thailand over next Sunday\\\'s polls

Zaglul Ahmed Chowdhury | 2014-01-28 00:00:00

The February 02 national election in Thailand looks uncertain after the country's constitutional court ruled that the polls could be delayed because of lingering political crisis. However, the government of embattled Prime Minister Yingluck Shinawatra has so far shown no...

Political standoff and development programmes

Mohammed Norul Alam Raju | 2014-01-28 00:00:00

Habibur Rahman, a 45-year-old rickshaw puller, lost his only source of income during a countrywide blockade in December last. His rickshaw was set afire by vandals in Chittagong. But Habibur, along with two other people, were nabbed for the arson....

Reinstating US GSP

2014-01-28 00:00:00

No clear indication is there about progress in the matter of restoration of the US generalised system of preferences (GSP). The duty-free preferential scheme, suspended more than six months ago following two major factory disasters in Savar, triggered uncertainties that...

Workers\\\' remittance and the developing world

Wasi Ahmed | 2014-01-28 00:00:00

Workers' remittance is one of the most thriving sources of earning in the developing countries. But this prospect is often faced with uncertainties, and despite the current growth at global level, most of these countries are concerned over a sudden...

Building a harmonious society

Shidratul Moontaha Suha and Badhan Biswas | 2014-01-28 00:00:00

The emergence of Bangladesh in 1971 was obviously the victory of the secular forces and the minority communities took it as an end to the injustice and discrimination they faced until the last days of Pakistan. Unfortunately, they could not...

Cricket: Beware of the triumverate

2014-01-28 00:00:00

The sports-loving people of our country are astonished to learn about the controversial draft proposal of a two-tier test system by three test-playing nations - India, Australia and England. The two-tier draft, if passed, would be a deadly knock for...

Promoting a healthy political environment

2014-01-28 00:00:00

The Bangladesh Nationalist Party (BNP), the main opposition party, has garnered a lot of praise from all quarters at home and abroad for discontinuing political programmes like strike and blockade. The common people appreciate the party for its sensible and...

Asif Azim: inspiring model for Bangladeshi youths

2014-01-28 00:00:00

Bangladeshi young man, Asif Azim, is an international model. It was very difficult for me to believe that a Bangladeshi had achieved so much in the international modeling world. Prior to his participation in Big Boss, season-7, I saw him...

Challenges in global value chain

Mohammad Abu Yusuf and Mahmudul Hasan | 2014-01-28 00:00:00

A value chain is the full range of activities that firms and workers do to bring a product or service from its conception to its end use and beyond. The activities that are included in a value chain are design,...

What is insurance all about?

Chandra Sekhar Das | 2014-01-28 00:00:00

Life insurance provides financial security to the clients. It also facilitates creation of long-term capital in the market. Insurers need to develop new customer-oriented and innovative products to meet the customers' need. A needs assessment is a systematic process for...

Medical charity in Myanmar treats wounded near site of alleged massacre

Jared Ferrie of Reuters from Yangon | 2014-01-28 00:00:00

Medical charity Medecins Sans Frontieres said last week it had treated 22 people in Myanmar's western Rakhine state who had apparently been wounded last week around the time of a reported massacre of Rohingya Muslims. The government has denied such...

North Korea warns US, South Korea military drills could spark disaster

Michelle Nichols of Reuters from the United Nations | 2014-01-28 00:00:00

North Korea took its demand for the United States and South Korea to halt joint military drills to the United Nations, holding a rare news conference on Friday to warn that the exercises could get "out of control and plunge...

Cabinet okays proposal for ratification of 2 conventions

2014-01-28 00:00:00

The Cabinet Monday approved a proposal for ratification of the 'Maritime Labour Convention-2006' and the 'Seafarers Identity Documents Convention (Revised)-2003' seeking to ensure welfare of some 12,000 Bangladeshi seafarers through increase of their facilities, reports UNB. The approval was given...

HC rejects petition for change of court

2014-01-28 00:00:00

The High Court (HC) Monday rejected a petition seeking change of the court for three accused and also for interrogating one of the witnesses in the sensational 10-truck arms haul case, reports UNB. An HC bench comprising Justice Naima Haider...