Remittance inflow from six countries significantly decreased in the recently concluded fiscal year compared with that of the FY 2011-12, according to Bangladesh Bank data released on Wednesday. The BB and commercial bank officials told New Age that the ongoing financial recession in the European countries and an increasing trend in money supply
Month: August 2013
India’s onion tit for hilsa tat to Bangladesh
Indian businessmen see their decision to stop exporting onions to Bangladesh as a befitting reply to the latter’s ban on export of hilsa fish to the former. A year after Bangladesh banned the export of hilsa to India, on Monday Indian traders stopped exporting onions to Dhaka, reports Hindustan Times.
BSEC bars cos’ dividend issuance from asset revaluation surplus
Adhering corporate governance guideline a must for issuing rights shares Bangladesh Securities and Exchange Commission on Wednesday barred the listed companies from issuing dividends from surplus shown courtesy of asset revaluation. The BSEC, in a separate directive, also made adhering to corporate governance guideline mandatory for the listed companies for issuing rights shares.
Draft MoU on Tk 900-crore refinancing scheme finalised
Stock Market Crash Draft MoU on Tk 900-crore refinancing scheme finalised Bangladesh Bank, Bangladesh Securities and Exchange Commission and Investment Corporation of Bangladesh on Wednesday finalised the draft memorandum of understanding that the three entities will sign on Tk 900 crore refinancing scheme for stock investors. BB officials said that the first Tk 300 crore ... Read more
Bourses sign MoU for setting up joint clearing house
The Dhaka and Chittagong bourses on Tuesday signed a memorandum of understanding for setting up a joint clearing corporation for smooth transaction in the stock market and payment for derivative instruments. The MoU was signed at the DSE office on the day after the DSE board had decided to set up a clearing corporation project jointly ... Read more
Nazmul Hassan wins Asia’s Most Influential Leaders Award
Beximco Pharma managing director Nazmul Hassan MP has won Asia’s Most Influential Leaders Award while Beximco Pharma has been nominated for Asia’s Most Promising Brands Award, said a press release. Nazmul has been selected as one of the top 15 most influential Asian corporate leaders and the award will be given at a gala ceremony ... Read more
Priority high, progress slow
Only 30pc work of four-lane Dhaka-Ctg highway project done in seven years In its election manifesto, the ruling Awami League had attached high priority to upgrading the Dhaka-Chittagong highway into four lanes. Four and a half years down the line, the party has claimed the project to be “successful” on the city billboards grabbed overnight. ... Read more
Stillborn babies disowned by parents, buried unnamed
A large number of stillborn babies are disowned by their parents, discarded in hospitals and buried in unidentified graves. In the past six months, Dhaka Medical College Hospital has sent at least 144 stillborn babies to the voluntary organisation Anjuman Mufidul Islam as their parents have refused to bury their own children. Anjuman says that in the ... Read more
PM warns against BNP-Jamaat plots
The Prime Minister, Shiekh Hasina, on Wednesday called upon the people to remain vigilant against the conspiracies of the Bangladesh Nationalist Party (BNP) and the Jamaat-e-Islami. “You should think twice before voting to power those who tried to destroy the Opposition by using grenades in broad daylight. You must ponder for a moment whether
US, China for dialogue between major parties
US envoy concerned over contempt of HRW The United States and China world’s two super powers, have called for dialogue between the ruling party and opposition to resolve the political crises with respect to upcoming general elections in the country. Chinese Ambassador to Bangladesh Li Jun has said that he tried to organise a face-to-face ... Read more
BNP sniffs plot against Tarique
Grenade attack charge BNP on Wednesday claimed that there was a “political plot” to implicate the party’s senior vice-chairman, Tarique Rahman, in the grenade attack on an Awami League rally on August 21, 2004. “Implication of Tarique in the grenade attack incident is politically motivated. His name was absent in the initial FIR lodged in ... Read more
Oishee, Shumi taken to DMCH to verify age
Oishee Rahman, daughter of slain special branch police inspector Mahfuzur Rahman and his wife Shapna Rahman, and their domestic help, Shumi, were taken to Dhaka Medical College Hospital, on Wednesday, to determine their biological age. Oishee and Shumi were taken to DMCH in a special car of the Detective Branch Police at 2: 45 pm. ... Read more
BNP may skip next JS session
Opposition Bangladesh Nationalist Party (BNP) will not budge even an inch either from its position to hold the next general election under a non-party caretaker government, BNP sources say. The party further consolidated its position following Prime Minister Sheikh Hasina’s recent statement that her government would not deviate at all from the current Constitutional
ICT-1 to hear HRW contempt hearing today
International Crimes Tribunal (ICT-1) is set to hear arguments on contempt charge against New York-based rights organisation Human Rights Watch (HRW) on Thursday for raising questions about the verdict against Jamaat-e-Islami leader professor Ghulam Azam. In response to the contempt petition filed by the prosecution against HRW, the tribunal-1 decided
Petrobangla set to sign exploration deal
Petrobangla, the state-owned oil and gas company, has send invitation letters to Indian oil giant ONGC Videsh Ltd and US-based ConocoPhillips Asia Pacific New Venture, to explore oil and gas in shallow waters of the Bay of Bengal. “We’re all set to sign the initial contract, as we have completed all procedural jobs. We have ... Read more
Charge framing on Mir Kashem on August 29
International Crimes Tribunal-1 (ICT-1) ,headed by its chairman Justice ATM Fazle Kabir ,on Wednesday set August 29 to pass its order on charge framing matters against Jamaat-e-Islami leader Mir Kashem Ali. Prosecutor Advocate Sultan Mahmud Simon argued for indictment against Mir Kashem on charge of crimes against humanity allegedly committed
Mozena bats for HRW
Worried at contempt charge against it US Ambassador Dan W Mozena yesterday expressed deep concern that Bangladeshi prosecutors have charged Human Rights Watch with contempt of court. “We believe organisations such as Human Rights Watch have a critical role to play around the world in promoting respect for human rights,” he told reporters
Tribunal fixes 3 witnesses for Alim
International Crimes Tribunal-2 (ICT-2) on Wednesday fixed three witnesses to give deposition for the former BNP leader Abdul Alim. The tribunal, headed by Justice Obaidul Hassan, also asked the defence to complete the cross-examination of investigation officer Altafur Rahman by Thursday.
JU VC besieged in office
Jahangirnagar University teachers on Wednesday besieged the vice-chancellor, Anwar Hossain, in his office, pressing for his resignation. General Teachers Forum laid the siege to the vice-chancellor’s office at about 11:30 and said that the programme would continue until Anwar resigned as the vice-chancellor.
Justice Kemaluddin dies
Former chief justice Kemaluddin Hossain died on early Wednesday at the age of 90. Justice Kemaluddin had been suffering from old age complications and breathed his last at 4:30am at United Hospital at Baridhara in the capital, where he had been undergoing treatment for the last three days, his daughter-in-law