Summit Industrial and Mercantile Corporation has claimed that the diversion of initial public offering proceeds of Summit Purbanchol Power Company Limited to buy stakes of another company of the SIMC would benefit general investors. In a statement following a report headlined ‘Summit Unit
Month: April 2013
Tanners, leather exporters want import duty cut on chemicals
Leaders of the tanners association, leather goods exporters and chemical importers on Thursday demanded that the National Board of Revenue eliminates the disparity in duty structure on imports of chemicals for the leather sector under bond licence, without bond and commercial import category.
Dhaka stocks fall for 4th day
Dhaka stocks witnessed another sluggish trading session on Thursday with a dip in turnover as investors continued to remain aloof from the trading floor. The benchmark general index of Dhaka Stock Exchange, DSEX, lost 0.08 per cent, or 3 points, on the day, to finish at 3,503.56 points.
FBCCI postpones confce due to Savar tragedy
Urges businessmen to come forward with financial help for injured workers The Federation of Bangladesh Chambers of Commerce and Industry on Thursday urged the business community to come forward with all kinds of assistance including financial support for the better treatment of the workers injured at the deadly building collapse in Savar. FBCCI, the apex ... Read more
Sakib, Musfiq save the day for Tigers
Sakib al Hasan and Mushfiqur Rahim shared 123 runs in fifth wicket stand to give Bangladesh’s innings some respectability before they wasted their wickets on a rollercoaster opening day of second Test against Zimbabwe in Harare on Thursday. The Tigers reached 300-6 at close on the opening day,
Dirty tricks in cycling!
A theft case filed by his former team allegedly for harassing him forced the country’s top cyclist Tarqiul Islam to skip his favourite event 40km road race in the eight Bangladesh Games on Thursday. Tariqul, the winner of five gold medals in the last five national championships, who joined Bangladesh Ansar from BJMC recently, alleged ... Read more
Sabrina bids bye on a high
Veteran shooter Sabrina Sultana added another gold medal to her crown before finally retiring from competitive shooting, bringing an end to her 28-year long, illustrious career on Thursday. A pale of gloom descended on the National Shooting Complex as Sabrina bade bye to her fellow shooters and officials soon after winning gold in her favourite
Ansar rule the roost
Bangladesh Ansar maintained their dominance in the eighth Bangladesh thanks to their exploits in gymnastics and volleyball on its fifth day on Thursday. Ansar, who finished the day with 50 gold medals overall, claimed five gold medals from gymnastics with Anita Akhter and Parul Akhter their most
Rangpur and Rajshahi to face off in final
Rangpur and Rajshahi Division sealed their places in the final of the eighth Bangladesh Games after seeing off Dhaka Metropolis and Khulna Division respectively in the semi-finals at the Shaheed Chandu Stadium in Bogra on Thursday. Rajshahi outplayed Khulna by eight wickets while
123 killed as building collapses at Savar
National mourning today At least 123 people, mostly female apparel workers, were killed and more than a thousand injured as a eight-storey building housing five apparel units and a shopping mall collapsed on a bordering building at Savar on Wednesday morning. With several hundred more believed to have been
Savar tragedy in world media
The incident of collapse of eight-story commercial building Rana Plaza has been widely covered in the international media. The Daily Telegraph, a leading daily of the United Kingdom said, ‘The website for one of the Bangladeshi garment factory companies, New Wave, which occupied three of the floors of Rana Plaza in Dhaka’s Savar district, indicates
Abdul Hamid sworn in as President
Speaker Md Abdul Hamid Advocate was sworn in as the 20th President of Bangladesh, in a ceremony at Bangabhaban, the presidential palace, at 7:30pm on Wednesday, in the presence of Prime Minister Sheikh Hasina. Acting speaker of Parliament, Col (retd) Shawkat Ali, MP, administered oath to the newly elected President, at Darbar Hall of Bangabhaban,
President, PM, Oppn leader shocked
President-elect Md Abdul Hamid Advocate, Prime Minister Sheikh Hasina and Opposition leader Khaleda Zia on Wednesday expressed deep shock at the loss of lives in the tragic building collapse at Savar on the outskirt of the capital on Wednesday morning. Hamid asked the authorities concerned to put in all-out efforts in the rescue operation
Nation to mourn Savar tragedy Thursday
The nation will observe national mourning on Thursday following the tragic building collapse near Savar bus stand on the outskirt of the capital on Wednesday morning that left over a hundred people dead and many more injured. “The nation will observe mourning on Thursday following the huge loss of lives in building collapse in Savar
EU, US, Japan shocked at Savar tragedy
The European Union, The United States and Japan have expressed deep shock at the loss of lives in the collapse of a commercial building in Savar on Wednesday morning. Heads of missions of EU countries in Bangladesh and US Ambassador Dan Mozena, in separate statements, offered condolences to the families of the victims in the ... Read more
Hasina warns Khaleda of stern action
Prime Minister Sheikh Hasina on Wednesday warned the main opposition leader and BNP Chairperson Khaleda Zia of stern actions if she does not stop killing and destroying public properties in the name of saving war criminals. Responding to a supplementary question of lawmaker M Shahiduzzaman Sarker, the PM, during her question-answer
Teen killed during hartal, magistrate hurt
A 14-year-old boy was killed and around 50 people, including a magistrate and three cops, were injured, in violence that marked the first half of the second day of the 36-hour nationwide hartal enforced by the BNP-led 18-party alliance. There were also reports of explosion of homemade bombs and police firing. Police said the teenager, ... Read more
BNP calls off hartal after Savar building collapse
The BNP-led opposition has withdrawn its hartal to accelerate rescue operations at the eight-storey building that collapsed in Savar, on the outskirts of Dhaka, on Wednesday morning. Shamsuzzaman Dudu, adviser to BNP chief Khaleda Zia, made the announcement at a press conference, at the party’s Naya Paltan office on Wednesday afternoon. The 18-Party Alliance
Savar collapse: Tough steps against people responsible: MKA
The building housing several garment factories in Savar that collapsed on Wednesday, killing over 80 people, mostly workers and injuring more than 600 was not constructed following rules and regulations. “It did not have permit from the concerned authority to construct it. We will bring those responsible for it to justice so that no one ... Read more
Army to continue rescue: Savar GOC
Major General Chowdhury Hasan Suhrawardi, BB., GOC of the Savar based 9th Division said that the army would continue the rescue operation as long as a single survivor remained inside the collapsed building. Talking to the media near collapsed 8-storiey building on Wednesday morning, he also mentioned that prime minister Sheikh Hasina