The Securities and Exchange Commission on Monday granted the much-awaited permission to float on the country’s capital and money markets the Tk 5,000-crore Bangladesh Fund, an open-ended mutual fund sponsored by the Investment Corporation of Bangladesh and seven other state-run financial institutions. In a meeting in the evening, the commission approved the trust deed and ... Read more
Month: April 2011
Bangladesh garment going high-end
With an increased number of orders from international buyers, Bangladesh is graduating from basic garment production to high-end products. The manufacturers are taking orders from the renowned fashion brands worldwide, industry insiders said. There are signs of the local garment makers gradually shifting to high-end products, because
Tea export falls due to growing demand in home market
DHAKA,: Growing demand in home market forced tea-export to fall in recent days. Last year, country fetched Taka 18 crore exporting only 0.91 million kgs of tea. This was revealed at the 43rd parliamentary standing committee meeting on public institutions held at the Jatiya Sangsad Bhaban with committee chairman ABM Golam Mostafa in the
Rapist killer Taleb arrested
Rapid Action Battalion (Rab) arrested Abu Taleb who raped and allegedly killed a student of class eight setting her on fire after she became pregnant for seven months from the capital’s Rampura yesterday. The victim Nilufa, 16, died on January 31 at the Burn Unit of Dhaka Medical College Hospital (DMCH) after fighting for her ... Read more
Museums at Bangla Academy remain locked most of time
Bangla Academy Bhasha Andolan Jadughar and Jatiya Sahitya O Lekhak Jadughar, housed at Burdwan House of the academy, remain under lock and key most of the time. Of the two museums highlighting the Bangla language and literature, Bhasha Andolan Jadughar was opened by the prime minister, Sheikh Hasina, on February 1, 2010 and Sahitya O Lekhak ... Read more
Grabbers choke Karatoa
57km of the river encroached by locals A huge chunk of the Karatoa river has allegedly been occupied by local people at several important areas in Gaibandha and Bogra districts, according to Bangladesh Water Development Board and the Department of Environment. Sources at BWDB Bogra circle office say about 57 kilometres of the 86.75 km ... Read more
Mismatch in salt prices
Tk 2 at field, Tk 18 at market “You eat that with everything every day. That is salt, nothing else,” said the driver pointing at the pile of snow-white substance in a barren field on way to Cox’s Bazar. The salt farmers, seeming long deprived, in torn cloths, were working barefoot making piles of sun ... Read more
U-loop to take care of Kanchpur chaos
Ministry goes for it to ease gridlocks on Sylhet, Ctg highways The communications ministry has finally chosen U-loop as an easy option to solve gridlock on the Kanchpur Bridge leading to Sylhet and Chittagong highways. Though experts prescribed the scheme two years back, officials of the communications ministry and roads and highways department (RHD) realised ... Read more
Rain most influential in TIME 100 poll
Korean singer Rain topped the 2011 Time 100 Poll in the magazine’s online voting to select the 100 most influential people of the year. Time closed the online poll on April 16 with Rain as the 2011 readers’ choice among 203 candidates — gaining 444,401 votes. Rain was also No.1 in the poll and included ... Read more
Khagrachari violence kills 4
At least four were killed and six villages of ethnic minority people were burnt on Sunday in violence centring on land disputes in Khagrachari. Sources in the area said that the violence had spread to Ramgarh and Manikchari in the district. The administration banned gathering, rallies and carrying firearms by ordering Section 144 of the
Fakhruddin asks JS panel to read JIC report
The former chief adviser to the military-controlled interim government, Fakhruddin Ahmed, on Sunday asked a parliamentary panel to read the report of the Judicial Inquiry Commission, formed by the emergency regime, to probe the clashes between army personnel and students in August 2007. He made the suggestion in his reply to the letter sent to ... Read more
Money getting costlier
Funds have become costlier as banks have hiked their lending rates overnight in the wake of a significant rise in deposit rates and the central bank’s lifting of the lending rate cap on some sectors. Businessmen said a sudden hike in lending rates will have a negative impact on their businesses. They said an increase ... Read more
Siddikur trumps World No.1
Golfer Siddikur Rahman was once again impressive as he surpassed a more illustrious name in the sport. After finishing on eighth position in the $2.5-million Maybank Malaysian Open golf tournament in Kuala Lumpur yesterday, he was placed ahead of 2011 Masters Tournament champion Charl Shwartzel, who finished eleventh
Fountain likely to stay as fielding coach
While Bangladesh Cricket Board is thinking to ring changes in the entire national team set-up, fielding coach Julien Fountain is one exception, not to be ruled out completely. The BCB is still negotiating with Fountain despite them stating they will place fresh advertisement for coaches in the newspapers and on the
Shakib misses treble narrowly
Shakib Al Hasan’s left-arm spin was again the star for Kolkata Knight Riders as his two wickets sunk Rajasthan Royals in their Indian Premier League encounter at the Eden Gardens in Kolkata last night. After bowling three tight overs during Kolkata’s dominant display, Shakib got into the act with two late strikes to restrict the ... Read more
Farooki Joining Hands with Star Cineplex
Filmmaker’s next project “Television” to have multiple producers Filmmaker Mostafa Sarwar Farooki will soon be joining hands with Star Cineplex to produce his next film “Television”. Star Cineplex and Farooki’s own production house Chhobial will jointly produce it. Two international producers [from Germany and France] are set join the project as co-producers. Farooki is going ... Read more
Kim Kardashian Had Bikini Wax At 12
Kim Kardashian had her first bikini wax aged 12. The 30-year-old star has revealed she started getting the intimate beauty treatment from the young age and would go with her mother Kris Jenner and sister Kourtney, 31, at least once a month to have her hair removed. In a video interview with Usmagazine.com, she said: ... Read more
Ranbir Kapoor denies dating Katrina Kaif
The dashingly handsome Ranbir Kapoor’s image of a cassanova was perhaps blown out of proportion by the media. Very recently the actor aired his grievances with him being linked with any and everybody. Apart from Deepika his list of dates was supposed to have been big and varied. Katrina the former girlfriend of Sallu bhai ... Read more
Pahela Baishakh Celebration in Dhaka
Ushering in 1418 Pahela Baishakh Celebration in Dhaka The nation welcomed ‘Pahela Baishakh’, the first day of the Bangla year 1418, on Thrusday amidst vibrant pageantry, leaving behind the gloom of the past and pledging to uphold the nation’s opulent cultural heritage. Tens of thousands of people from all walks of life, in traditional clothes, ... Read more
Guerrilla
Behind the Scene Guerrilla Directed by Nasiruddin Yousuff, “Guerrilla”, the much awaited feature film based on the Liberation War, was released at 13 movie theatres across the country on Pahela Baishakh (April 14). Actor Ferdous, who plays the role of a journalist, Hasan Ahmed, says, “We’d not be living in an independent country if there ... Read more