The payment of import bills increased significantly in June due to a rise in payment of bills for food products imported to meet Ramadan demand. According to the latest BB data released on Thursday, the settlement of letters of credit registered 30.58 per cent growth in June compared with that of a negative
Month: July 2013
Man gets $92 quadrillion from PayPal, accidentally
When Chris Reynolds opened his June PayPal e-mail statement, something was off. The Pennsylvania PR executive’s account balance had swelled to a whopping $92,233,720,368,547,800, reports CNN. Money that would make Reynolds — who also sells auto parts on eBay in his spare time — the richest man in the world by a long shot.
Land ports, duty stations to remain open on holidays
RAMADAN ITEM IMPORT Land ports, duty stations to remain open on holidays The National Bureau of Revenue and Land Port Authority have decided that all the land ports and duty stations on the Bangladesh-India border would remain open during the holidays until Eid-ul-Fitr. The decision has been taken following a request from the commerce ministry ... Read more
FBCCI urges no more hartal in Ramadan
The Federation of Bangladesh Chambers of Commerce and Industry on Thursday urged the political parties not to call any more general strike in Ramadan, the fasting month for Muslims, and expressed its deep concern over the sufferings people faced in the last four
Minister bullish about exports
Commerce minister GM Quader on Thursday said neither the political crisis nor ‘the negative propaganda against the country in the international market’ will be able to halt the acceleration of the country’s export in the current fiscal. Addressing the inauguration of the three-day Bangladesh Furniture and Interior Décor Expo 2013 at the Bangabandhu
Stocks fall on GP, SoE plunges
Dhaka stocks plunged on Thursday as the fall in shares prices of Grameenphone and the state-owned entities had a negative impact on the market. The benchmark general index of the Dhaka Stock Exchange, DSEX, dipped 1.41 per cent, or 60.51 points, to close at 4,223.61 points while the old key index
300 Rana Plaza victims get GP Flexiload business facilities
Grameenphone has extended its support to 300 victims of Savar Rana Plaza building collapse by setting up Flexiload business facilities for them. Under the scheme, GP provided Flexiload SIMs, two mobile phone handsets and set up attractively designed kiosk for each of the 300 victims to start the Flexiload business.
BB asks banks to follow rules while applying
CASH INCENTIVES AGAINST EXPORTS BB asks banks to follow rules while applying Bangladesh Bank on Thursday asked the authorised dealer branches of all the scheduled banks to send export-related documents to the banks that had applied for the cash incentive on behalf of the exporters. The BB issued a circular to the managing directors
BB to allocate Tk 200 crore more for refinancing fund
Against the backdrop of increasing demand for setting up agro-based industries, Bangladesh Bank will allocate Tk 200 crore more to the bank’s refinancing fund. The SME and special programmes division of the central bank has so far prepared a proposal to raise the fund to Tk 400 crore from the existing Tk 200 crore to
BCB boss frets over Fatullah
Bangladesh Cricket Board president Nazmul Hasan is hopeful that they can make the Fatullah stadium in Narayanganj ready as an alternative venue for the ICC World Twenty20 despite a faulty drainage system. Nazmul visited the venue, which is going through
Umpire set to return to int’l scene after being cleared
Bangladeshi umpire Sharfuddoulah Ibne Shahid Shaikat, who was cleared of any wrongdoing following an Indian television sting operation, is set to return to international cricket with the Women’s World Twenty20 qualifiers in Dublin next week. A total of six umpires from Bangladesh, Pakistan and
Reasat aims to boost nat’l team
Germany-based expatriate footballer Reasat Khaton arrived in Dhaka on Thursday with a dream to aid the national team in the forthcoming assignment of the SAFF Championship. The 23-year-old German-based midfielder is coming to the capital city for the next two weeks but he ensured that if national team coach Lodewijk de Kruif selects him,
Arambagh, BJMC leave for Bhutan today
Top flight outfit Team BJMC will leave Dhaka today to participate in the King’s Cup in Bhutan where they are placed in Group B alongside Three Star Club of Nepal, United Sikkim FC of India and local side Thimphu City. Another Bangladeshi side Arambagh Krira Sangha
Kruif wants foreign coach for keepers
National team coach Lodewijk de Kruif has asked Bangladesh Football Federation president Kazi Salahuddin to hire a foreign goalkeeping coach for his team. Salahuddin, however, told reporters that he is yet to respond to De Kruif’s request and that he will address the matter after a discussion with other officials.
Fahad becomes youngest FIDE Master
Mohammad Fahad Rahman became the youngest FIDE Master of the country after the World Chess Federation declared the 10-year-old chess player as a FIDE Master on Thursday. Fahad is the 13th Bangladeshi to achieve the FIDE Master title after his remarkable performance in the 14th ASEAN Age-group Chess Championships which was
Tevez off the mark with Juve
Carlos Tevez was the toast of Turin on Wednesday as he immediately opened his goalscoring account for new Juventus in their first pre-season. The hotshot striker was hailed by newspaper Gazzetta dello Sport after he tucked home the second of seven Juve goals against a representative team from
Mujahid to walk the gallows
In another historic verdict, the International Crimes Tribunal-2 (ICT-2) on Wednesday sentenced to death Ali Ahsan Muhammad Mujahid, secretary general of the Jamaat-e-Islami, for his involvement in 1971 atrocities. Of seven charges, Mujahid was found guilty of five, while two charges were not proved. The former Al Badr mastermind got the death penalty
No comments on sub judice matters, warns ICT-2 chief
International Crimes Tribunal-2 chairman Justice Obaidul Hassan on Wednesday cautioned people against passing comments on sub judice matters. “It has come to our notice that some people say that they have rejected a verdict. But there is no scope to reject a court order. It is tantamount to contempt of court,” Justice Hassan said, adding ... Read more
Citizens happy over Mujahid verdict
Eminent citizens on Wednesday expressed satisfaction over the death sentence against Jamaat-e-Islami secretary general Ali Ahsan Muhammad Mujahid, convicted for crimes against humanity during the 1971 Liberation War. The deputy attorney-general and the chief coordinator of the ICT also expressed satisfaction over the verdict.
Mujahid verdict triggers violent hartal, 100 injured
Over 100 people were injured in violence unleashed by the Jamaat-Shibir activists across the country during their daylong hartal on Wednesday. Soon after announcement of the death sentence against war crimes convict and Jamaat-e-Islami secretary general Ali Ahsan Muhammad Mujahid, protesters blocked several highways by felling roadside tress