Bangladesh Ansar were in full control in the different events of the Uttara Bank 4th National Archery Championship at the Army Stadium yesterday. They won in the bamboo bow and recurve bow mixed team events while also picking up gold in the men’s team recurve bow discipline
Month: December 2010
Construction of Bahaddarhat flyover begins
The construction of Bahaddarhat Flyover Flyover by Chittagong Development Authority began on Saturday with breaking the ground at the Bahhaderhat crossing. CDA engineers said that the flyover would be completed by 2012. Speaking as the chief guest, ruling Awami League lawmaker Afsarul Amin said, ‘We want to work
Glaucoma second largest cause of blindness, say experts
Glaucoma, the preventable eye disease, is the second largest cause of blindness in the country, accounting for 3 percent of the people aged over 40 years, said experts yesterday. They were speaking at the inaugural ceremony of the 1st Annual National Conference of Bangladesh Glaucoma Society (BGS) at a city
‘Frame law to stop human trafficking’
Bangladesh National Women Lawyers Association (BNWLA) on Friday demanded of the government to formulate a law to prevent human trafficking. BNWLA and Atsec Bangladesh jointly organised a press conference on the issue at the National Press Club. Speakers at the conference said the law will ensure security for the migrant workers who bring
Guardians protest ‘irregularity’ in Ctg
School Admission Guardians protest ‘irregularity’ in Ctg Angry guardians of admission aspirants to a school in the port city yesterday blocked the road at WASA intersection protesting ‘irregularity’ in the admission process. A four-kilometre long tailback was there for about two hours for the agitation that ended after police intervention
Road crashes kill 14
Agitated people set bus on fire At least 14 people were killed and 50 others injured in separate road accidents in Dhaka city, Dhamrai, Keraniganj, Chittagong, Gaibandha and Jhenaidah yesterday. Our staff correspondent reports: 10 people were killed in separate road accidents in the city, Dhamrai and South Keraniganj yesterday
Holy Cross College observes 60th anniversary
Holy Cross College yesterday celebrated its 60th anniversary with different colourful programmes on the college premises in city’s Tejgaon. Hundreds of former and current students of the college took part in the programmes including discussion meeting and cultural events, participated by the former
Akij goes green
Akij Group quietly went green seven months ago by setting up a 12-megawatt biomass thermal power plant costing more than Tk 10 crore. The group is using the power in several of its factories at Munshiganj, saving the company a portion of the money being spent for gas and
Stocks bearish for 2nd week over money market volatility
DSE Weekly review Dhaka stocks passed another bearish week with the turnover and benchmark general index of the bourse falling heavily as the nervous investors went for huge selling following volatility in the money market over liquidity shortage. The average daily turnover at Dhaka Stock Exchange fell by 32.24 per cent in the past week
Ctg ICT fair Wednesday
A three-day information and communication technology (ICT) fair will be held at Woodland Park at Sholashahar in Chittagong on December 22-24. Inpace Management Services Ltd is organising the fair, `Banglalion Chittagong Digital Expo-2010′. Banglalion Communications Limited (BCL), a leading broadband wireless access operator of the
BrandWitz rewards winners
North South University has become the winner and champion of BrandWitz, a marketing competition. Institute of Business Administration, Dhaka University (IBA-DFS) was the first runner up and Institute of Business Administration, Dhaka University (IBA-SITH) Group was the second runner up, said a news release. The topic for the final was: ‘Branding Bangladesh through World Cup ... Read more
CC Cricket World Cup History
Tigers’ first roar The 1999 World Cup in the United Kingdom was a happy one for Bangladesh. Not only did they qualify and play their first World Cup, they were also the only non-Test playing Cup debutants to win two matches. Bangladesh’s first victory was against Scotland in the Group B match at Edinburgh on ... Read more
V-Day celebrated
Nation calls for speedy war trial The nation yesterday celebrated its 40th Victory Day commemorating the heroes who gallantly made the best of all sacrifices for the country’s liberation in 1971. However, the people’s demand for the completion of the war crimes trials in a fair and acceptable manner rang loud and clear amid all the ... Read more
Victory Day specials on TV channels
Ekti Lal Sharir Galpo on Banglavision Single episode play “Ekti Lal Sharir Galpo” will be aired on Banglavision at 09:05pm. Written by Morshed Chowdhury, the play is directed by Komol Chakma. The play narrates the wartime struggle of a family. It circles around a freedom fighter, Hasan, who takes shelter in the family and is ... Read more
Call money rate soars to 175pc
Economists warn of adverse impacts on investment The inter-bank call money rate on Wednesday skyrocketed to 175 per cent as banks and non-banking financial institutes scampered to submit cash to the Bangladesh Bank to fulfil their cash-reserve ratio. Economists warned that the economy would be affected severely if such volatility in call money rate continued. ... Read more
Cut links to stock risks: IMF
Bangladesh to get $1b from lending agency The International Monetary Fund (IMF) wants Bangladesh Bank (BB) to seriously address concerns with the commercial banks’ over exposure to the stockmarket. “We hope Bangladesh Bank will work diligently to ensure that banks and their subsidiaries take necessary action to mitigate the risks from stock market volatility,” said
Money market volatility hits DSE turnover
The Dhaka Stock Exchange on Wednesday posted the lowest turnover in the past three months due to a low liquidity inflow as institutional investors went for bulk sales of securities. The daily turnover on the bourse was Tk 1,269.94 crore, down by Tk 287.16 crore from that on Tuesday. The DSE turnover had dropped to ... Read more
Mamun quits Citi
Leading banker and economic analyst Mamun Rashid is leaving Citi Bangladesh after spending nine years at the global financial services company. “I will be on the company’s payroll until March 31, but will be on leave,” said Rashid, the first Bangladeshi to become the chief executive for the
Grameen Healthcare teams up with Uniqlo
Grameen Healthcare Trust yesterday went into a joint venture agreement with Uniqlo Social Business Bangladesh Ltd, the social business division of Japan’s leading clothing retailer Uniqlo. The venture aims to establish a new social business in the field of ‘functional clothing’, with a focus on healthcare, for the poor in Bangladesh, said a
HSBC launches Islamic banking
The Hongkong and Sanghai Banking Corporation Limited on Wednesday launched Amanah, the bank’s Shariah-compliant financial services unit, in Bangladesh. HSBC officials at a news conference in a city hotel also announced the launching of a flagship Amanah branch in Gulshan and the entire range of products to be