Airtel Bangladesh Ltd and 14 other private companies on Tuesday were allowed to take $297 million in loans from foreign sources. The private sector foreign loan/supplier’s credit committee headed by Bangladesh Bank governor Atiur Rahman approved their loan proposals
Month: April 2013
Bangladesh depart for Harare with high hopes
The Bangladesh national cricket team will board for their crucial tour of Zimbabwe today with their sight firmly focused on ending their drought of winning a Test series with their confidence sky-high after their recent performances. Bangladesh defeated the West Indies
‘It is our Ashes’
Bangladesh’s Australian head coach Shane Jurgensen termed the rivalry between Zimbabwe and Bangladesh similar to the Ashes but asked his charges not to take any extra pressure on themselves ahead of the upcoming 33-day tour. ‘This is our Ashes,’ Jurgensen told New Age on Tuesday.
BD-SL U-19 series kicks off today
Hosts Bangladesh and the visiting Sri Lankan cricket team will begin their series today at Mirpur as both the age-level teams will be looking forward to prove their worth ahead of the upcoming ICC Under-19 World Cup next year. Sri Lanka and Bangladesh will start the series
Premier League set for another interval
The ongoing Bangladesh Premier League will undergo an 18-day break from Thursday due to unavailability of grounds, the professional football league committee decided on Tuesday. The two main venues of the top flight – Bangabandhu National Stadium (BNS) and Birshreshtha Shaheed Mostafa Kamal Stadium – will remain
BU, BJMC share the spoils
Brothers Union and Team BJMC played out a 1-1 draw in their Bangladesh Premier League football match at the Bangabandhu National Stadium on Tuesday. Nigerian forward Kingsley Chigozie put Brothers Union ahead in 19th minute against the run of play when he darted in the box from the right flank
Mooney faces flak over Thatcher tweet
Ireland allrounder John Mooney faces the prospect of disciplinary action following a tweet made in response to Margaret Thatcher’s death. After news of Baroness Thatcher’s death broke on Monday, a tweet appearing from Mooney’s account, said: ‘I hope it was slow and painful.’
Preparations for Pahela Baishakh celebrations underway
Preparations for the upcoming Pahela Baishakh 2013 are going on in full swing as the first day of the Bangla month ‘Boishakh’ will be celebrated on April 14. This year’s Mangal Shobha Jatra strives to symbolically represent people’s struggle against evil forces to establish a modern and liberal nation, said the organisers.
When insignificance becomes significant
The trivial things of a household have been portrayed with great significance in artist Tasadduk Hossain Dulu’s artworks for his solo exhibition at the Bengal Shilpalaya. The exhibition titled ‘The Body and Soul of the Insignificant’ features 53 artworks. Artist Tasadduk Hossain Dulu has successfully created surprises in his artwork through simple
Panchanari Akhyan, Court Martial staged
The third day of the ongoing Syed Badruddin Hossain Theatre Festival, organised by Padatik Natya Sangsad (TSC), featured a monodrama on oppression on women and a theatre production based on the war of independence. Dhaka Theatre staged monodrama Panchanari Akhyan at the National Theatre Hall and Theatre Art Unit staged
Mehjabin’s dreams come true
Model turned actress Mehjabin’s dreams come true. She is appearing on the silver screen, which is a long cherished desire of the small screen actress. Mehjabin is acting the titular character in Swapan Ahmed’s film Porobashini. ‘As I don’t have any other pressure on me at the moment, I will invest all my energy on Porobashini’, ... Read more
Export earnings beat political turmoil in March
Post 10.16pc growth in first 9 months of FY 2012-13 The country’s export earnings post a healthy growth in March despite political turmoil in the country, taking the overall export growth in first nine months of the current fiscal to 10.16 per cent. The export earnings in March grew by 16.20 per cent compared with ... Read more
ADP spending shoots up
Many completed projects yet to benefit people The spending of the annual development programme fund may hit a record 54 per cent in July-March when the figure is officially released in the next few days but many of the completed development projects have failed to start their operations due to a lack of administrative capacity ... Read more
Apparel exporters demand tax cut at source
Garment manufacturers and exporters on Monday demanded that the National Board of Revenue should reduce the tax at source for export-oriented industries in the upcoming national budget to 0.50 per cent from the existing 0.80 per cent considering global recession and political instability in the country. At a pre-budget discussion with the NBR, leading associations
BSEC seeks opinion from attorney general
The Bangladesh Securities and Exchange Commission on Monday decided to seek opinion from the attorney general about the legal aspects of issuing stock dividends by mutual funds for their unit holders. The BSEC made the decision after some asset management firms applied for issuing stock dividends for their unit holders. ‘The commission has decided
Prices of fans on the rise
The prices of all kinds of fan have increased by up to 15 per cent in the country in the last two weeks as the mercury is rising on the eve of summer season. The retailers of several electronics markets in the capital said most of the companies and importers had already increased the wholesale ... Read more
Modhumati Bank may get final nod from BB tomorrow
Bangladesh Bank in its tomorrow’s board meeting may give final approval to proposed Modhumati Bank, said officials of the central bank. A BB official told New Age on Monday that the central bank is almost done with the scrutiny of Modhumati Bank’s proposal and the issue would be placed
Tazreen fire survivor going to US
A survivor of Tazreen Fashions fire, Sumi Abedin, is going to the USA this week to urge companies whose goods were being made in the factory to compensate the victims. She will join with the labour-rights activists and union groups and stage demonstration in front of the corporate headquarters of companies including
Stocks inch up amid higher turnover
Dhaka stocks gained on Monday after two sessions in the red as the participation of the big investors, including the Investment Corporation of Bangladesh, kept the market afloat. The benchmark general index of the Dhaka Stock Exchange, DSEX, gained 0.62 per cent, or 21.82 points, to close at 3,515.09 points on Monday.
BTRC relaxes payment rules for IGW, ICX operators
The Bangladesh Telecommunication Regulatory Commission has relaxed the revenue sharing and licensing fees provisions for IGW and ICX operators. According to the amendment to IGW and ICX licence guideline, the operators will get more time to deposit the revenue sharing money and licensing fees than