The Food Court of Dhaka City Corporation (DCC) yesterday granted bail to Nobel laureate Dr Muhammad Yunus in a case filed on charges of food adulteration. The court passed the order after his lawyer Barrister Sara Hossain prayed for his bail in presence of Yunus, the chairman of Grameen Danone Foods Limited
Month: January 2011
‘Sundarbans can boost economy’
Natural Wonders ‘Sundarbans can boost economy’ Khulna city Mayor Talukder Abdul Khaleque yesterday said Bangladesh’s reputation will increase and economy get stronger if the Sundarbans is elected as a natural wonder. So we must irrespectively work together to help Bangladesh’s vast mangrove forest win the final race scheduled for November 11 this year, he
Indo-Bangla trade fair kicks off in May
The second Bangladesh-India joint trade show will be held on May 5 to 7 at Sonargaon Hotel in Dhaka with a special focus on trade and investment between the two neighbouring countries. India-Bangladesh Chamber of Commerce and Industry (IBCCI) will organise the trade show styled “The second Indo-Bangla Trade Fair 2011”, with support from the ... Read more
Int’l jute fair begins
A three-day international jute fair began on Thursday with a call to promote jute and jute products in the world market as well as expanding international markets for the products. International Jute Study Group in collaboration with National Jute Board, India and Jute Diversification Promotion Centre organised the fair at the Bangabandhu International Conference Centre
Optimism lifts stocks
Analysts say risks are far from over Stocks rebounded for the second day amid optimism that support from market intermediaries and the government would continue. Indices bounced more than 400 points shortly after opening of trade yesterday, as prices of shares started hitting the days’ highest limits, spurred by a mood to retain shares to ... Read more
3-day Ctg REHAB fair begins today
A three-day REHAB fair starts in the port city today (Thursday). It will be the fifth fair organized by Real Estate and Housing Association of Bangladesh, Chittagong chapter. Housing and Public Works Minister Abdul Mannan Khan will inaugurate the fair at 11 am while chairman of Chittagong Development Authority Abdus Salam will attend the function ... Read more
BTRC slashes bandwidth prices by 31pc
The telecom regulator has reduced the monthly rental bandwidth price for leased internet access through submarine cable by one-third to spread the communication services among the masses. The monthly rental bandwidth price for leased internet access through submarine cable will be a maximum of Tk 12,000 per Mbps, said Bangladesh Telecommunication Regulatory Commission
2011 a very busy year for me: Ferdous
Ferdous Ahmed is one of the most popular actors of Bangla movie industry. He started his film career in the mid 90s with the hit film Hotath Brishti. He is a national award winner and acted in more than 45 films both in Bangladesh and India. In a recent interview, he shared his views and ... Read more
29 year-old set to be britain’s youngest grandfather
A 29-year-old man is all set to become Britain’s youngest grandfather, as his 14-year-old daughter has become pregnant. The man, whose identity is being kept anonymous to protect his young daughter, said he was fuming that his teenage daughter was 11 weeks pregnant. “It’s like history repeating itself. I quite like the idea of being ... Read more
Many leave schools for mistreatment: Study
Many children are also excluded from schools for sitting on back benches, wearing dirty clothes and not being among the top tier in their classes, says a study. It says these children are branded as bad students and remain largely ignored and overlooked by their teachers. This label of being a bad student spreads beyond ... Read more
Deadline for essay competition extended
Dhaka University Economics Department Alumni Association (DUEDAA) has extended the deadline for its essay competition to February 28. As part of its initiative Linking Youth to Economics, DUEDAA had earlier launched the essay competition for under-25 on a topic, Economic Future of Bangladesh: Next
DSE turnover hits 2-year low amid thin trading
Buyers outnumber sellers by far The daily turnover of Dhaka Stock Exchange on Tuesday plunged to a 25-month low of Tk 206.41 crore due to thin trading at most of the brokerage houses as there was almost no seller of most of the issues. Officials of a number of brokerage houses said the prices of ... Read more
HC rejects brokers’ pleas to lift SEC’s suspension order
The High Court on Tuesday summarily rejected the petitions of the five brokerage houses and merchant banks against the Securities and Exchange Commission’s decision to suspend their activities for a month for allegedly manipulating the capital market. The bench of Justice AHM Shamsuddin Chowdhury and Justice Sheikh Md Zakir Hossain
SEC executive director made OSD
The Securities and Exchange Commission has made its executive director Anwarul Kabir Bhuyian an officer on special duty. The commission sent to Anwarul an official order signed by the SEC chairman, Ziaul Haque Khondker, withdrawing him from the responsibilities of the listing and supervision and
GMG adds Boeing 767 aircraft to fleet
GMG Airlines, the country’s largest private air carrier, yesterday added one more Boeing 767-300 aircraft to its fleet. The company plans to use the second 250-seater Boeing, to enhance connectivity to the Middle East. With this, GMG’s fleet size now reaches eight. As part of its target to become the most preferred airline in the ... Read more
Pragati launches new health care plan
Pragati Insurance Ltd has launched its new range of health care insurance plans with reinsurance and technical support from ICICI Lombard GIC Ltd of India, said a statement. The plan covers individuals, their spouses/ dependants and corporate clients aged between 3 months to 60 years for medical expenses incurred during hospitalisation for more
Cloud computing on the horizon
Huawei country chief sees huge potential in Bangladesh Bangladesh can become a thriving market for ‘cloud computing’ in the next five years, mainly driven by an upcoming need of e-education for school students in the rural areas, said a top representative of global hi-tech giant Huawei recently. The internet-based shared computing system, which is the ... Read more
Lux-Channel i Superstar 2010 announced
Mahbuba Islam Rakhi has wrested the title of Lux Channel i Superstar 2010, against stiff competition from thousands of girls. She was awarded a brand new Mitsubishi Lancer, a role in an upcoming film, and a scholarship to study acting. Mousumi Hamid became the first runner-up while Mehrin Islam Nisha became the second runner-up in ... Read more
Committee formed to crack share scam
The government on Tuesday formed a three-member committee headed by the Bangladesh Krishi Bank chairman, Khandkar Ibrahim Khaled, to investigate share market scam, the finance minister, Abul Maal Abdul Muhith, said. ‘The name of the other two members and terms of reference of the committee will be
Stock prices bounce back amid low turnover, thin transactions
Trading on the DSE resumed Tuesday with a positive note. However, the turnover was abnormally low — Tk 2.06 billion — with a revised circuit breaker mechanism in place for transactions of individual issues. The revised circuit breaker mechanism, apparantly, discouraged investors from selling their stocks in a situation marked by high demand