INSURANCE DEPOSIT BB to impose fine on banks for failure to give info in time The Bangladesh Bank has asked the scheduled banks to submit their insurance deposit-related information online and through manual system to the central bank in due time. If the banks fail to submit such information in due time, they will face ... Read more
Month: July 2013
BASIC Bank signs MoU with BB ending foot-dragging
State-run BASIC Bank on Tuesday signed a memorandum of understanding with Bangladesh Bank in line with central bank directions. A senior BB official told New Age that BASIC Bank had sent a letter on the day with signing copy of the MoU.
BB to release Tk 20,000cr ahead of Eid
Bangladesh Bank will release Tk 20,000 crore, including new notes worth Tk 8,000 crore, to mitigate the liquidity crisis in the inter-bank transaction ahead of the Eid-ul-Fitr, said officials of the central bank. The BB released Tk 16,000 crore, including fresh notes
Stocks rally for 2nd day on institutional backup
Dhaka stocks rallied for the second trading session on Tuesday with the old key index of the Dhaka Stock Exchange, DGEN, hitting a 13-month high as some state-owned entities remained active on the trading floor to keep the market afloat. The DGEN advanced by 0.82 per cent, or 39.16 points,
UK-Bangladesh e-commerce fair starts Sept 7
The three-day UK-Bangladesh e-Commerce Fair 2013 will begin in London on September 7 aimed at promoting Bangladeshi business with electronic payment system facility. The fair is jointly organised by information and communication technology ministry, Bangladesh high commission in London and ICT magazine Computer Jagat.
Coke profit falls on wet weather, weak economy
Coca-Cola Co reported weaker-than-expected sales volumes on Tuesday due to ongoing economic malaise and unusually poor weather, sending its shares down nearly 3 per cent, reports Reuters. Coca-Cola said overall volume rose 1 per cent, which was below its expectations, and cited slow economies in Europe, Asia and Latin America. It also said historically
Activists demand withdrawal of VAT
Terming value-added tax regressive, rights activists on Tuesday demanded withdrawal of VAT on essential commodities and services to relieve the poor of the burden of tax. They said that the existing VAT rate in the country was very high compared with that of the developed countries. At a press conference at the National Press
3-day BFID expo begins in city tomorrow
The three-day Bangladesh Furniture and Interior Decor Expo will start in Dhaka tomorrow to showcase local furniture, jute and craft-based home furnishing products to the national and international buyers. The fair will be organised by EPB, Bangladesh Furniture
ICC wants bookie Sajid khan update from BCB
The Bangladesh Cricket Board has requested details about suspected Pakistani bookie Sajid Khan from the detective branch of police after it was instructed to do so by the International Cricket Council, officials said on Tuesday. Sajid was picked up after suspicious activity
Tale of four national strikers
National football team coach Lodewijk de Kruif picked four strikers in Zahid Hasan Ameli, Sakhawat Hossain Rony, Toklis Ahmed and Wahed Ahmed in his 26-member squad for the forthcoming Thailand tour, which gets underway on July 27. Ameli is the most seasoned striker in the squad, already having featured in four SAFF Football Championship
Bangladesh to host Pakistan in August
The Pakistan national football team will arrive in Dhaka on August 11 to take part in two friendly matches against hosts Bangladesh, the Bangladesh Football Federation confirmed on Tuesday. There is a possibility that these two teams could end up in the same group at the 10th SAFF Football Championship after the group drawing ceremony
ICC defends umpires, DRS
The ICC has defended the performance of the umpires and the DRS after criticism following the Trent Bridge Test between England and Australia, whilst also admitting to errors in cases involving Jonathan Trott and Stuart Broad. The ICC has taken the unusual step of revealing its
Some cricket at last for Tigers
The national team cricketers will finally return to action today in a practice match between Bangladesh ‘A’ and the Under-23 side at the Sher-e-Bangla National Stadium. Three matches, in which all the players in the national camp, including national skipper Mushfiqur Rahim, are expected to feature, were scheduled as part
Hockey friendlies ahead of Asia Cup
The Bangladesh Hockey Federation is planning to organise four practice matches for the national hockey team before the Asia Cup in Malaysia, which is scheduled to get underway on August 24. National team coach Naveed Alam had earlier asked the BHF to organise a few practice matches as a part of his team’s Asia Cup ... Read more
Karanka to leave Real
Aitor Karanka, Jose Mourinho’s assistant manager at Real Madrid, has had his contract rescinded by Los Blancos according to Spanish daily AS. Karanka, who also spent five years at the Santiago Bernabeu as a player, decided not to take up Mourinho’s offer and follow the Portuguese manager to
Exhibition for a cause
Students of the faculty of fine arts of Dhaka University have organised an exhibition for raising funds to save the life of peer Syed Fida Hossain. Fida, an MFA student of the department of drawing and painting, is suffering from fatal disease called familial colonic polyposis for the last few years.Doctors said that at least ... Read more
Champa busy with small screen
Noted silver screen actor Champa these days in busy with her small screen projects. ‘I have just completed shooting for a telefilm titled Attopar Bhalobasa, scripted by Muztaba Soud and directed by Tanmoy Tansen,’ Champa told New Age. The romantic telefilm also stars
Bollywood’s best comebacks
Bollywood actors with flourishing careers have often taken a long hiatus. Here are some names that have made a comeback in the industry or created a buzz with the announcement of their upcoming projects, reports Hindustan Times. Sridevi’s first film after a hiatus of 15 years, English Vinglish (2012), not only received critical acclaim but
Hamin busy with his first solo
Lead guitarist of the popular band Miles, Hamin will release an instrumental album soon. It will be his first ever solo music album. ‘In the western countries, instrumentals are famous genre in itself. But in our country the scene is yet to be developed. I’ve also decided to tell my timeless relation and friendship with ... Read more
ICT dubs Jamaat a ‘criminal outfit’
The International Crimes Tribunal (ICT) on Monday delivered its verdict, saying that the Jamaat-e-Islami, as a political party under the leadership of Prof. Ghulam Azam, had deliberately functioned as a ‘criminal organisation’, especially during the Liberation War in 1971. The ICT also observed that the Jamaat-e-Islami could not gauge common people’s pulse during the independence