Bangladesh Railway yesterday introduced a new express train on the Dhaka-Sylhet route to meet the increasing demand of commuters. The 12-coach Kalni Express with 562 seats will run six days a week. It will stop at Biman Bandar, Kulaura, Shayestaganj, and Srimangal stations on its way
Month: May 2012
NBR to launch online tax payment May 26
The National Board of Revenue will start online payment of income tax, VAT and other taxes on May 26, the NBR chairman said yesterday. Nasiruddin Ahmed spoke at a meeting with the representatives of trade associations at the Chittagong Chamber of Commerce and Industry (CCCI). CCCI President Murshed Murad Ibrahim
Stocks fall ahead of HC hearing
Dhaka stocks fell on Tuesday as many of the investors went for sell-offs ahead of the High Court hearing of the writ petitions against the Securities and Exchange Commission rule of mandatory shareholding. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 0.73 per cent, or 36.94 points, to close the day at 5,020.21 ... Read more
Ruposhi Bangla gets new GM
James McDonald has joined Ruposhi Bangla Hotel as its general manager, the hotel said in a statement yesterday. McDonald, a British national, is a graduate of North Devon Polytechnic Hotel School, and holds a food hygiene certificate from the Royal Society of Arts. Prior to joining Ruposhi Bangla, McDonald was the general manager of
Digital signature soon for e-governance
Electronic signature, which is a key feature for e-procurement, e-governance, e-commerce and other digital activities, will be introduced soon, as all the necessary works for the job have been completed, said officials, reports BSS. “Electronic signature is ready for introducing to the people and it will ensure the total
Rekha takes oath as Rajya Sabha member
Veteran Bollywood actress Rekha has been sworn in as an MP in India’s upper house of parliament, the Rajya Sabha. Taking her oath, the actress vowed to “faithfully discharge the duty upon which I am about to enter”. India’s prime minister can nominate 12 people with special experience in “literature, science, art and
Irrigation over, power cut not yet
Financial constraints keep many plants shut; PDB seeks to buy offshore gas from Santos Although the extra need for power for Boro season irrigation is over, the level of load shedding remains unchanged due to the authorities’ financial inability to operate many idle rental power plants. A top official of the Power Development Board (PDB) ... Read more
No banking by cooperatives
Cabinet endorses 7-yr jail for unauthorized banking The Cabinet on Monday approved the draft of the “Cooperative Society (Amendment) Act 2012” prohibiting banking without prior permission of Bangladesh Bank with a provision of seven years of jail and a fine of Tk 10 lakh for violating the rule. The cabinet meeting was held at the ... Read more
Gone with greed
It was the lure of high profits that drove Mohiuddin Robin to deposit money with a cooperative society. But it wasn’t long before the 31-year-old was overcome with a sense of despair. Robin found out that the cooperative society was a fraud and all his money was gone. Robin, his family members, relatives and friends ... Read more
No headway in investigation
Sagar-Runi murder case No headway in investigation Neither the Rapid Action Battalion, nor the detective branch of police is yet to make any headway in the investigation into the murder of journalist couple Sagar and Runi even after passage of more than four months. Since the murder, the RAB and other investigating agencies, however, have ... Read more
Police demand risk allowance
The home ministry in its budgetary proposal last week placed the demand for paying the police 70 per cent of basic salary as risk allowance from the next fiscal year which according to finance ministry calculations would require an additional expenditure of Tk 8.24 billion a year from the public exchequer, officials said. The home ... Read more
HC for action against errant 3-wheelers
Private Yet Not Private HC for action against errant 3-wheelers The High Court (HC) yesterday asked the government to explain in three weeks why it should not be directed to take action against “private” CNG-run three-wheelers illegally operating on a commercial basis in and around the capital. Issuing a suo moto rule, the HC asked ... Read more
Ashulia calm
Factories resume production The Ashulia industrial belt on the outskirts of the capital returned to normal yesterday after a two-day shutdown for violence over a rumour of a garment worker’s death. Workers of all readymade garment factories in the area joined work yesterday morning. During the agitation programmes on Saturday and Sunday, workers vandalised over
Repair job goes to army
Meghna Bridge Repair job goes to army Failing to select a company over the last five months, the communications ministry has assigned the task of repairing the Meghna and Gumti bridges to Bangladesh Army. The bridges have been posing risk to commuters for over a year due to river-bed scouring and damage to the expansion ... Read more
10-month export growth slumps to 8.41pc
The country’s export growth in first 10 months of the current fiscal year slumped to 8.41 per cent compared with the same period of the last fiscal year when the export growth was 40 per cent year-on-year. Officials of Export Promotion Bureau said that the economic crisis in Europe and sluggish market in the US ... Read more
Stocks return to positive zone with low turnover
Dhaka stocks gained on Monday amid low turnover as directors of nine listed companies announced to buy more than 3 crore shares to comply with the regulator’s mandatory shareholding rule. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.10 per cent, or 55.34 points, to close the day at 5,057.15 points
Farashganj continue their giant-killing act
Congolese striker Siyo Zunapio’s double strike enabled Farashganj Sporting Club to continue their giant-killing act with a 2-0 drubbing of defending champions Sheikh Jamal Dhanmondi Club in the Bangladesh Premier League on Monday. Zunapio scored one apiece in either half to secure the surprise victory for Farashganj who
RMG workers on rampage
100 injured, 4,500 Ashulia workers sued At least 100 people were injured and more than 300 apparel factories were closed for the day as garment workers fought pitched battles with the police at Ashulia on the outskirts of the capital for the second consecutive day on Sunday. More than 20 factories were vandalised during the ... Read more
Pharmaceutical cos jack up medicine prices
Drug Admin seems tongue-tied Patients suffering from serious diseases are in a quandary as medicines are becoming costlier in the country as government authorities have no control over the pricing of many lifesaving drugs, according to firsthand findings. People of middle-and lower-income groups are the worst victims of such price spirals as they have to pay ... Read more
Dhaka-Sylhet new intercity train from tomorrow
Bangladesh Railway will press a pair of new intercity train, Kalni Express, on Dhaka-Sylhet route from tomorrow. The train will head from Sylhet Railway Station at 6:20am and reach Dhaka at 1:00pm while the return trip will start at 3:00pm, ending at Sylhet at 9:00pm, railway