The Newspaper Owners Association of Bangladesh (NOAB) on Saturday demanded withdrawal of the budgetary proposal for raising import duty on newsprint and urged Prime Minister Sheikh Hasina and Finance Minister AMA Muhith to take necessary steps in this regard. In a statement it said the finance minister’s proposal to raise import duty on newsprint would ... Read more
Month: June 2013
Mayoral candidates pledge industrialisation of city
All the three candidates running for the mayoral post in the upcoming election to the Rajshahi city corporation committed that they would build Rajshahi as agriculture-based industrial city if they were elected. Besides, they will work to launch upgraded bus
E-service to improve social, economic welfare
Experts at a seminar in Rajshahi city on Saturday said that a fundamental duty of a government is to provide information and services aimed at improving the social and economic welfare of its citizens. Bangladesh faces several obstacles in the effective
Tenants demand strict enforcement of rent control act
Tenants on Saturday demanded an immediate stoppage of increasing house rents at the will of the house owners. At a press conference at the National Press Club, Tenants Council demanded that the house owners must provide the tenants with receipts of the payment of rents.
National Earth Olympiad held in Barisal
The divisional round of the National Earth Olympiad 2013, on environment and earth science, was held in the Barisal city on Friday. The programme was held in the Udyan School auditorium followed by a discussion meeting and a prize giving ceremony.
Five-storied building tilts in Chittagong
A five-storey residential building tilted on Saturday at Paschim Sholashahar in the Chittagong city prompting the law enforcers to evacuate the dwellers. According to the police and local sources, the Kohinur Mansion in Shyamoli residential area under Panchlaish police station suddenly tilted
Shakil moves audience
Renowned singer Khairul Anam Shakil moved the audience presenting Nazrul songs from his latest album on Friday at the Bengal Shilpalaya in Dhanmondi. His seventh solo Benuka was launched at the programme by Nazrul exponent Sudhin Das. Shakil presented six out of 12 songs
Bishwajit, Putul perform in charity concert
Eminent singer Kumar and Close-up 1 star Putul entertained a full house audience presenting hit numbers in a charity concert for the benefit of the of underprivileged children. Nongovernment organisation Utsho Bangladesh, which runs schools for the education of the street urchins, organised the programme on Friday at the Bangladesh National Museum auditorium.
Tagore’s poems, songs presented
A jam-packet audience enjoyed Rabindranath Tagore’s poems and songs performed at the Shawkat Osman Auditorium of the Central Library on Friday evening, amid a moderate shower throughout the day. Noted recitation troupe Sharabritta organised the programme titled Rabi Thakurer Ajor Kabita Abinashi Gaan taken from a verse of the late poet Shamsur Rahman.
Yamla Pagla Deewana 2 receives poor critics’ review
The second franchise of the Deol trio Yamla Pagla Deewana has failed to impress the critics. The comic caper is rather forced and hence becomes unbearable. Directed by Sangeeth Sivan, the film that Casts Dharmendra, Sunny Deol, Bobby Deol, Neha Sharma, Kristina The film, which promised double
3 singers present Nazrul songs at Chhyanaut
Three promising singers presented popular Nazrul songs on Friday at Chhayanaut as part of the organisation’s regular monthly musical programme. The singers of the evening were Manosh Kumar, Nasrin Jahan and Abhijit Kunda. The show began with Abhijit’s solo.
Pvt sector shying away from credit amid dull business
Credit growth in the private sector dropped further in April due mainly to the recent spates of political turmoil, gas and electricity shortage in the industrial units, and high interest rate on banks’ lending, said officials of Bangladesh Bank. According to Bangladesh Bank data released on Thursday,
Proposed budget FY 2013-2014 $30.9b export target uncertain: experts
Economists and exporters have expressed their doubt about achieving 15-per cent export growth target to $30.9 billion estimated in the proposed national budget for the financial year 2013-14 that was placed before the parliament on Thursday. Although the economy of Bangladesh is able to
StanChart sells $12.6m Bangladesh sovereign debt-tied notes: report
Standard Chartered Plc sold the first-ever structured notes tied to Bangladesh’s sovereign debt, as offerings of securities linked to high-yielding emerging-market debt surge, reports Bloomberg. The lender sold a combined $12.6 million of four-year notes tied to the nation in four offerings on May 30 and June 3, according to data compiled
MCCI concerned about bank borrowing target
The Metropolitan Chamber of Commerce and Industry has expressed its concern over the government’s target of Tk 25,993 crore bank borrowing in the next financial year saying that the move might create liquidity crisis. The chamber urged the government to limit its
7.2pc GDP target ambitious, say chambers
Different chamber bodies in separate statements have said the target of 7.2 per cent GDP growth for the next financial year is ambitious and judging on previous experience it looks unlikely to be achieved. The success of this huge budget will depend on
Budget failed to address institutional investors: CSE
The Chittagong Stock Exchange on Saturday said the proposed budget for the financial year 2013-14 offered some incentives for the retail investors but failed to address the need of the institutional ones. ‘On the whole the budget is as usual but it could
Biman to operate domestic flights in Nov: minister
Biman Bangladesh Airlines, the national flag carrier, will start carrying passengers on domestic routes in November next, civil aviation and tourism minister Faruk Khan said on Saturday. ‘I hope Biman will start carrying passengers on domestic routes in November. Biman will also carry Hajj passengers from Sylhet to Jeddah this time,’
DSE turnover up 96pc on budgetary hope
Dhaka stocks gained sharply last week with increase in turnover as the investors turned optimistic with hope of market-friendly budgetary measures for the next financial year. Average daily turnover of the DSE increased heavily last week by 96.50 per cent to Tk 585.48 crore compared with previous week’s Tk 297.96 crore.
Primark set to give Rana plaza victims $1m in assistance
Primark, an Irish clothing retailer, is set to give $1 million in short-term financial aid to at least 4,000 workers and relatives of the deceased who worked in the five garment factories housed in Rana Plaza which collapsed on April 24. The company has decided to provide short-term aid,