Six out of 22 non-bank financial institutions listed with the stock exchange incurred losses in the January-March quarter due to poor investment opportunities and prolonged downtrend in the stock market. Eight NBFIs made lower profits while eight others saw
Month: May 2013
Rights activists, RMG unit owners want fair price from global buyers
Labour rights leaders and readymade garment factory owners on Sunday demanded that global buyers should give fair prices for the apparel items and contribute to the Bangladesh’s effort to ensure workers safety and maintain international labour standards. At a session of US-Bangladesh partnership Dialogue on
Private sector key for Dhaka-Washington economic ties: US official
The visiting US assistant secretary for economic and business affairs on Sunday said that private sector could play an important role for the development of the bilateral economic relationship between the United States and Bangladesh. ‘The private sector like water and electricity can
Loan-deposit ratio of 22 banks drops in April
The advance-deposit ratio in 22 banks, out of the total 47, decreased further in April as demand for credit in the private sector dropped due to an unfriendly business situation amid political unrest, said officials of the Bangladesh Bank. According to the latest BB data, the overall ADR in
US business team urged to invest in infrastructural dev
The country’s businesses on Sunday urged the US business delegation to invest in power, gas and energy, and communication sector saying that infrastructural development was important for economic growth. The country’s businesses on Sunday urged the US
Dhaka stocks fall for 3rd day
Dhaka stocks declined for the third trading session on Sunday, the first trading session of the week, with significant fall in turnover as investors were inactive amid fresh political tension. The benchmark general index of the Dhaka Stock Exchange, DSEX, declined by 2.07 per cent, or 78.10 points, to finish at 3,683.98 points.
Ashraful did it for so little?
Embattled former national skipper Mohammad Ashraful agreed to give up the matches for an extra amount of Tk 10 lakh he was promised by the owners of Dhaka Gladiators, his family sources said on Sunday. Ironically, the cheque he was given by Gladiators
Hockey stalemate could be over soon
The stalemate in hockey could be over soon as the Bangladesh Hockey Federation announced the date for player transfers from July 2-4. The announcement came following a meeting of the club officials with the BHP president Air Marshal Enamul Bari late on Saturday.
SAFF C’ship brought forward
The South Asian Football Federation Championship has been brought forward by two weeks to facilitate some clubs of the region to participate in AFC tournaments, said the officials. The 10th edition of the tournament will now be held in Kathmandu in the first week of September instead of the earlier scheduled date of September 20.
Cultural organisations celebrate Nazrul’s birth anniv
Different cultural organisations celebrated Nazrul’s 114th birth anniversary in a festive manner on Saturday organising various programmes including musical shows and fairs. Nazrul Academy’s three-day Nazrul birth anniversary celebrations programme ended on Saturday at the Music and Dance Centre of Bangladesh Shilpakala Academy. Members
Ferdous Ara pays tribute to Nazrul
Seasoned singer Ferdous Ara presented Nazrul songs at a solo programme organised by Performing Art Centre marking the national poet Kazi Nazrul Islam’s 114th birth anniversary on Friday at the National Museum Auditorium. Ferdous Ara sang 10 songs giving different tastes at the programme. She rendered popular romantic songs such as Nilambari sari porey, Noyon ... Read more
Nashid Kamal performs at IGCC
Eminent singer Nashid Kamal amused the audience presenting some unique romantic Nazrul songs in her solo musical programme on Friday at the Indira Gandhi Cultural Centre in Gulshan. The centre organised the porogramme marking 114th birth anniversary of the national poet Kazi Nazrul Islam. The show began with a season-based
Studio Theatre festival begins
The eight-day studio theatre festival organised by Northern Theatre, a Northern University based troupe, was inaugurated on Friday at the Studio Theatre Hall through staging of Selim Al Deen’s play titled Putra. Professor emeritus Anisuzzaman was present at the programme as chief guest. Secretary general of
No Magura-style election again in the country: PM
Prime Minister Sheikh Hasina, on Saturday, asserted that her government will arrange an election, where the people’s verdict would be reflected. She also said no elections, like the ones held at Magura and on February 15, 1996, will be held in the country again. “He/she for whom the people cast their votes will form the ... Read more
20 RMG units closed after workers-police clash
Twenty garment factories were closed down in Ashulia Industrial Area on Saturday as workers clashed with police while demonstrating for realization of their demands. The clash left at least 50 garment workers injured. Officer-in-Charge of Ashulia Police Station Badrul Alam said the workers of Natural Denim Garment factory staged demonstration to press for their various
No alternative to talks, says Ershad
Jatiya Party (JP) Chairman HM Ershad on Saturday said, a serious situation is prevailing in the country and there is no alternative to dialogue to get rid of this condition. While exchanging views with a delegation of the Buddhist community at the party’s central office at Banani in the capital, the former President also observed, ... Read more
Gazprom lets down govt; plans to boost gas output jeopardised
The government’s plans to increase gas production by 300 mmcf, from the existing fields, has been jeopardised as the Russian oil giant Gazprom has not fulfilled its contractual obligations to implement Petrobangla’s USD 197.55 million gas augmentation plan. The Russian oil company’s subsidiary Eriell has failed to drill even a single well. To implement the ... Read more
Long wait for relatives a month after disaster
Relatives said Friday they were still waiting for news of their missing loved ones, as many gathered to mark one month since the country’s worst industrial tragedy. A government official said on Friday that more than 300 people were still formally unaccounted for after the collapse of the garment factory complex on
Opposition’s daylong hartal today
The opposition Bangladesh Nationalist Party, on Saturday, issued a stern warning to the government, saying that their partymen would not hesitate in courting arrest, to fulfil the demand for non-party caretaker government. BNP chairperson’s adviser, Shamsuzzaman Dudu, said this at a pre-hartal briefing at the party’s headquarters at Naya Paltan, as
Editors’ Council formed
A meeting of the editors of different newspapers Editors’ Council with the aim of ‘strengthening the editorial institution, develop professional of standard of journalists and play an active role in safeguarding the full freedom of the press and freedom of expression’. The meeting of editors held at the Daily Star office on Monday with the ... Read more