Pahela Baishakh was celebrated in different district towns including Chittagong, Sylhet, Khulna, Bogra, Mymensingh and Jessore through colourful programmes. The main attraction of the celebrations was Baishakhi fairs displaying various agricultural products, handicrafts, toys, cosmetics, and regional cuisines. Rural artistes presented jatra, pala gaan, kabigaan,
Month: April 2013
ADP gets upward revision for the first time
It soars to Tk 57,120 crore from Tk 52,366 crore before polls The government for the first time in the country’s history has revised upward the allocation for the annual development programme for the current fiscal year to Tk 57,120 crore from the original size of Tk 55,000 crore. Planning ministry officials said the size ... Read more
IMF projects 6pc GDP growth
The International Monetary Fund on Tuesday said that Bangladesh’s GDP would grow by 6 per cent this fiscal year, lowering its earlier projection of 6.1 per cent. The IMF projection, however, is slightly higher than the World Bank and Asian Development which estimated that the country’s GDP would grow by 5.8 per cent
Plastic makers for import duty cut on raw materials
Also demand increase of customs duty on UPVC pipe import The Bangladesh Plastic Goods Manufacturers and Exporters Association on Tuesday demanded withdrawal of customs duty on import of moulding machines and reduction of duty on import of raw materials to 5 per cent from 25 per cent in the next budget. It said the sector ... Read more
Govt introduces 2-year T-bond
The government has introduced two-year treasury bond and re-issuance process for existing T-bonds. A finance ministry notification issued on April 11 said from now on five types of bonds — 2 years, 5 years, 10 years, 15 years and 20 years — would be sold.
Foreign nationals’ income repatriation raised to 75pc
Bangladesh Bank has decided to allow foreign nationals who are making a living in the country to send home more money. The foreign nationals can now send home 75 per cent of their net income from their current savings, which was previously 50 per cent, said a central bank
US-Bangladesh tech investment summit on May 7
US-Bangladesh Tech Investment Summit will be held at Silicon Valley of San Francisco in the United States on May 7 to promote the investment opportunity in Bangladesh IT industry for the US investors. The Bangladesh Association of Software and Information Services
Dhaka stocks drop on Bengal Windsor debut
Dhaka stocks declined on Tuesday with an increased turnover as investors sold off shares to purchase the shares of Bengal Windsor Thermoplastics Ltd which made its debut on the day. The turnover of Dhaka Stock Exchange increased to Tk 219.78 crore from Tk 206.98 crore in the previous trading session.
IBA teams win HSBC Business Case Competition
Team Bazinga consisting Sanjir Ali, Waseem Khan, Siam Rahman and Samiul Hossain of the Institute of Business Administration, University of Dhaka have won the Bangladesh Finale of HSBC Business Case Competition 2013. As the winner of the Gold award, Team Bazinga will
DCCI to open help desk for new entrepreneurs
Dhaka Chamber of Commerce and Industry is going to launch a help desk by next month with a view to helping new entrepreneurs by providing them with business information. DCCI president Sabur Khan said this when a DCCI delegation met expatriates’ welfare and overseas employment minister Khandker Mosharraf Hossain
Moody’s lowers China outlook
Moody’s Investors Service on Tuesday affirmed China’s government’s bond rating of Aa3 but cut the outlook to stable from positive, the second pessimistic revision by a foreign ratings agency this month, reports Reuters. Last week, Fitch Ratings cut China’s long-term
Mahmudullah or Mominul?
Tigers face selection dilemma ahead of first Test Team manager Tanjeeb Ahsan Saad informed from Zimbabwe that they are yet to decide the line-up but it is most likely that vice-captain Mahmudullah or an in-form Mominul Haque has to make way for the maverick all-rounder. It has almost become a subject of national debate
Swimming goes electronic
The Bangladesh Swimming Federation (BSF) declared that they will organise the swimming events of the forthcoming Bangladesh Games by using the electronic scoreboard, said Rafiz Uddin, general secretary of the BSF on Tuesday. The Bangladesh Olympic Association (BOA) earlier
Rain washes out opening day’s play
The first day of the second four-day match between Bangladesh Under 19 and Sri Lanka Under 19 was washed due to rain at the Sylhet Divisional Stadium on Tuesday. The Sri Lankan Under 19 team, who opted to bat first after winning the toss, were batting on 23 for no loss after 5.2 overs with ... Read more
Opening gala not for common fans!
The common sports lovers will not be able to witness the grand opening ceremony of the upcoming eighth Bangladesh Games which is scheduled to begin on April 20 at the Bangabandhu National Stadium. `There are no tickets for the common people.
Army clinch Independence Hockey title
Bangladesh Army clinched the title of the Walton Refrigerator Independence Day Hockey beating Bangladesh Navy by 3-2 goals in final at the Maolana Bhasani National Hockey Stadium on Tuesday. The winners led the first half by 1-0 goal. Milon Hossain scored a brace in the 61st and 64th
Zia finishes 44th in Dubai Open Chess
Grandmaster Ziaur Rahman finished 44th position in the 15th Dubai Open Chess Championship held in Dubai, United Arab Emirates on Monday evening. Zia earned 5.5 points out of nine matches while Russian GM Rakhmanov Aleksandr emerged champion with 7.5 points in the event.
Dev partners meet unlikely for political unrest
The crucial meeting of the Bangladesh Development Forum (BDF), a platform of the development partners of Bangladesh, is unlikely to be held at the end of April as scheduled because of the ongoing political unrest, sources at the Economic Relations Division (ERD) told The Independent. Expressing dismay over the uncertainty about holding the BDF meeting,
Mancha’s new programmes for banning Jamaat-Shibir
Shahbagh Ganajagaran Mancha has announced a fresh programme including forming a human chain in front of Sangsad Bhaban at 4 pm on May 4, to press home their demand for banning Jamaat-e-Islami and its student outfit Islami Chhattra Shibir. Convener of the Ganajagaran Mancha, Imran H Sarkar made the announcement from
Nepal, India, Bangladesh on Ganga water, hydropower
In a significant development indicating a sub-regional strategic alliance, Nepal, India and Bangladesh (NIB) have decided to join hands to cooperate and exploit the hydropower sector and use water resources management for mutual advantage, including jointly developing and financing projects in the Ganga river basin. Indicating its seriousness