MONEY LEGALISATION Scope should be for productive sectors, not for housing: FBCCI The Federation of Bangladesh Chambers of Commerce and Industry on Wednesday demanded withdrawal of the scope of legalising undisclosed money through investing in real estate sector and sought the facility for productive sectors. At a post-budget discussion meeting, the FBCCI, the apex trade ... Read more
Month: June 2013
Robi, Airtel, Banglalink on top of illegal VoIP: report
Illegal call termination through VoIP is mostly being carried out by three cellular phone operators — Robi, Airtel and Banglalink, according to an official report. The authorities have detected a total of 91,983 SIMs of the three operators used for the illicit job.
DSE turnover crosses Tk 1,000cr again
Dhaka stock gained heavily on Wednesday with the turnover crossing Tk 1,000 crore mark after eight months following mounting confidence of the investors after the government initiated several positive moves to boost the capital market. The turnover of the bourse increased to
BB enlists Modhumati as scheduled bank
Bangladesh Bank has announced that it had enlisted Modhumati Bank, which recently got licence from the BB, as a scheduled bank. To this end, the central bank on Tuesday issued a circular to the managing directors and chief executive officers of all the banks asking them to inform this
Bank ADR further drops in May on poor credit demand
The advance-deposit ratio in banks decreased further in May as the credit demand in the private sector continued to drop due to an unfriendly situation for business amid political unrest, said officials of the Bangladesh Bank. According to the latest BB data, the overall ADR in
3 m-banks yet to comply with BSEC directive on omnibus accounts
Three merchant banks are yet to comply with Bangladesh Securities and Exchange Commission’s directive to convert omnibus accounts into individual beneficiary owner’s accounts by February, 2013. An omnibus account is one that contains the accounts of many individual investors. However, it remains out of regulatory supervision.
Shahadat elected Prime Bank Foundation chairman
The Board of Directors of Prime Bank in a recent meeting unanimously elected Md Shahadat Hossain as the new chairman of Prime Bank Foundation, said a press release. A sponsor director and former vice-chairman of the bank, he also owns VIP Shahadat Poultry and Hatchery, VIP Shahadat Cold Storage and Rangpur Agro Industries.
BCB risks losing ICC membership
Bangladesh is in danger of losing its International Cricket Council membership as the Bangladesh Cricket Board failed to hold the election due to legal complications, BCB president Nazmul Hassan felt. Nazmul is set to face some unsavoury questions
No league until ACSU report
CWAB lifts boycott threat Cricketers Welfare Association of Bangladesh backtracked from their earlier decision of boycotting Dhaka Premier League after they held a successful discussion with the officials of Bangladesh Cricket Board on Wednesday. The withdrawal came amid a new twist of the event
Anticlimax in hockey as Rahmatullah gets bye
The twists and turns in the Bangladesh Hockey Federation election saw an anticlimax when the Sajed-Munir panel, backed by Mohammedan and Mariner Youngs Club, pulled out of the race on Wednesday. It paved the way for the rival panel, led by incumbent
BU complete semi-final line up
Brothers Union completed the semi-final line up of Grameenphone Super Cup when they held Mohammedan Sporting Club to a goalless draw in their final Group match at the rain-soaked Bangabandhu National Stadium on Wednesday. Mohammedan, already qualified for the final four
BU, BJMC to take part in Kings Cup
Brothers Union and Team BJMC got the nod from the Bangladesh Football Federation to take part in the Kings Cup to be held in Bhutan from July 30, it was announced by the BFF general secretary, Abu Naeem Sohag, on Wednesday. Local football powerhouses Mohammedan Sporting Club,
Gregorians thrash Old DOHS
The Gregorians thrahed Old DOHS in a one sided game in Wednesday’s first game at the Basketball gymnasium. After leading the first half by 50-16 points, Gregorians finished the game on a high with the margin of 110-23 points. Mithun contributed with 45 points while
Linu named as Walton ambassador
Former table tennis player Zobera Rahman Linu signed a two-year contract with local electronics giant Walton on Wednesday to become its sports ambassador. Linu, a world record holder for winning most number of national titles who found her name in Guiness Book of World Record, will represent Walton in
Thousands set to watch Pep’s first day
Around 25,000 Bayern Munich fans are expected to flock to the Allianz Arena to see new coach Pep Guardiola take each of his first two public training sessions next week, reports Soccernet. Die Welt reported that the huge level of interest shown had led Bayern to relocate the training sessions from their pitches at Sabener ... Read more
Death of a mentor
It is not just the death of a great teleplay writer and producer, but the demise of a mentor and promoter of artistes. Death of Atiqul Haque Chowdhury on Monday night is, indeed, a great shock to actors, directors and playwrights and millions of TV audience across the country. In his artistic career spanning over
Limbo features four photographers
What is common between the images of two burning trucks in collision and the condition of workers in a local tobacco factory or limbs of a dead corpse? Each image has a story of its own to tell and stimulate powerful emotions in the mind of the observers. Four young photographers Debashish Shom, Sarker Pratik, ... Read more
Festival ends with staging of Komola Sundari
Nattyateertha staged the 50th show of its debut production Komola Sundari as the closing performance of the five-day theatre festival at the National Theatre Hall of Bangladesh Shilpakala Academy on Monday. The festival titled Panchadasher Panchadin was organised by theatre troupe Nattyateertha in celebrating the 50th
Steven Spielberg predicts ‘meltdown’ of film industry
Directors Steven Spielberg and George Lucas are warning that the film industry is in danger of ‘meltdown’, reports BBC. They say it will become increasingly difficult for them to get smaller films into theatres because Hollywood is relying on big budget releases. In a speech reported by the Hollywood Reporter, Spielberg said Lincoln was nearly ... Read more
WB panel unhappy with exclusion of Abul from investigation list
The World Bank’s external panel of experts that conducted investigation into the Padma Bridge scam in its final report said it was disappointed at the exclusion of the name of communications minister Syed Abul Hossain from the list of persons under investigation by the Anti-corruption Commission (ACC).