The United States on Wednesday acknowledged that American clothing retailers were being supplied by the Bangladesh garment factories in Rana Plaza whose collapse killed more than 450 people. The US called on the country to ensure workers’ rights and safe working conditions. ‘We understand that businesses operating in this
Month: May 2013
NBR cuts duty on fruit import
The National Board of Revenue has reduced supplementary duty by 10 per cent on import of all kinds of fresh fruit including mango, apple, orange, grapes and some dried fruits to keep their prices within the affordable level of the common people on the local market. The revenue board on Tuesday issued a salutatory
No PSI system from July: NBR
National Board of Revenue chairman Ghulam Hussain said that the pre-shipment inspection would be abolished from July. He said this while addressing as chief guest a pre-budget discussion at Chittagong Chamber of Commerce and Industries conference hall in the port city on Thursday.
Airtel to acquire remaining 30pc shares of Warid
Bharti Airtel, the largest telecom operator in India, on Thursday announced that it would acquire the remaining 30 per cent stake in Bangladesh’s Warid Telecom to own the company as a full subsidiary. In January 2010, Bharti had acquired a 70 per cent stake in the Warid Telecom, a subsidiary of the Abu Dhabi Group ... Read more
26 banks fail to comply with BB order on interest spread
As many as 26 banks failed to comply with the Bangladesh Bank’s directive to bring down their interest spread rate below five percentage points by March, said central bank officials on Thursday. The BB in a meeting with the managing directors and chief executive officers of all the banks on January 27 had asked them ... Read more
Stocks end 9-day losing streak on PM’s election talks offer
Dhaka stocks gained on Thursday with an increased turnover after nine sessions in the red as the prime minister’s call on the opposition party and its allies to sit for a discussion boosted the investors’ confidence. DSEX, the benchmark general index of the
Muhith, family leave for Delhi
Finance minister AMA Muhith left Dhaka for New Delhi on Thursday on a five-day tour to attend the 46th Annual Meeting of the Board of Governors of the Asian Development Bank in the Indian capital. The annual meeting of the Manila-based lending agency that began on the day at the India Expo Centre and Mart ... Read more
Russell clinch maiden league title
heikh Russell Krira Chakra clinched their maiden Bangladesh Premier League title with a game in hand when they beat Sheikh Jamal Dhanmondi Club Limited 2-1 at the Bangabandhu National Stadium on Wednesday. The win, their 11th in the league, gave Russell
Abahani end in humiliation
Abahani Limited, who just lost their Bangladesh Premier League crown to Sheikh Russell KC, ended their campaign with humiliating 4-1 defeat to Muktijoddha Sangsad at the Bangabandhu National Stadium on Thursday. Muktijoddha’s Nigerian recruit Joseph Ozurumba
Tigers confident ahead of ODIs
Bangladesh will be eager to carry on the momentum they gained through the 143-run win in the second Test match when they take on Zimbabwe in the first one-day international today at Bulawayo. Considered as one of the luckiest venues for the visiting team, the Tigers will once again start as favourites as the three-match ... Read more
From outsider to spearhead?
Robiul Islam’s Man-of-the-Series performance in the Test series has made him the latest option available to the Bangladesh ODI side. In Zimbabwe, Bangladesh are on a quest to complete an unbeaten run in one-day series this season, having already defeated West Indies in December and drawn with Sri Lanka in March. If they can complete
Jamal busy in transfer market
After being unable to win any trophy, Sheikh Jamal Dhanmondi Club made a desperate attempt to assemble a strong team for the next season and they have already confirmed the services of some top players from the other sides, said the officials. National team players Mamunul Islam and Ashraf Mahmud
Labib group to sponsor shuttler Aiman
The recently concluded eighth Bangladesh Games’ gold winning shuttler Aiman Ibne Zaman was handed over a cheque for Tk 2 lakh by Labib Group as sponsorship money on a one-year deal at a reception ceremony at the Bangladesh Olympic Association auditorium on Thursday. ‘I think such sponsorship will help me concentrate on my game
Talks anywhere, anytime
* CG issue should be on the agenda: BNP * Formal proposal in next two days: Ashraf Dhaka, May 2: Prime minister and president of the ruling Awami League Sheikh Hasina on Thursday urged opposition leader and BNP chairperson Khaleda Zia to sit for a dialogue to resolve the long-standing political stalemate that gripped the ... Read more
Savar mayor suspended, UNO withdrawn
Eight days after the Rana Plaza building collapse, at least eight people, including Savar municipality mayor, its councillors and engineers of Rajdhani Unnayan Kartipakhya (RAJUK), have been suspended. The decision was taken following a report filed by the probe committee formed by the LGRD ministry. The suspended people are: Savar municipality mayor Md Refayetullah,
Retailers rethink their role after Savar tragedy
In the wake of the worst ever building collapse in Savar that killed over 400 hundred garment workers and injured hundreds of others, some Western retailers doing business with Bangladesh moved quickly to address their public concerns about the working conditions in the country, reports the New York Times. In an article published in the ... Read more
Six BNP leaders get bail
The High Court (HC) on Thursday granted bail for six months to six BNP leaders in different cases filed on charges of vandalising vehicles, attacking police and blasting cocktails early March. The BNP leaders are Mirza Abbas, Goyeshwar Chandra Roy, Amanullah Aman, Ruhul Kabir Rizvi, Abdullah Al Noman and Moazzem Hossain Alal. In response to ... Read more
Inu, Hasan Mahmud urge Hefazat to call off blockade
Describing the activities of Hifazat-e-Islam Bangladesh (HIB) as ‘mysterious’, Information Minister Hasanul Haq Inu on Thursday said that they were not carrying out movement to protect the faith of Muslims. “The movement of HIB is not to protect the faith of Muslims. They are working as the shadow of Jamaat-Shibir to foil the trials of
16 more bodies found under Rana Plaza rubble
Sixteen more bodies were recovered from the wreckage of Rana Plaza on Thursday as the 2nd phase of the rescue operation continued for the third consecutive day, raising the death toll in the country’s deadliest ever building collapse to 433. The rescuers recovered 16 more bodies from the rubble
Niko Resources may leave country
Dhaka, May 2: Calgary, Canada-based oil and gas company Niko Resources may leave Bangladesh through a dubious deal with an Arab oil firm without resolving the Tengratila blowout compensation case. A section of officials of the energy division, Petrobangla and the Prime Minister’s Office (PMO) is playing a significant role to facilitate Niko’s exit, it ... Read more