The Investment Corporation of Bangladesh has moved to merge ICB AMCL First Mutual Fund with Bangladesh Fund, BSEC officials said. They said the ICB took the move after it had got approval from the Bangladesh Securities and Exchange Commission to turn ICB AMCL First Mutual
Month: August 2013
Muhith asks ERD for more talks on $132m China loan
Finance minister AMA Muhith, who is chairman of the standing committee on non-concessional loan, on Sunday instructed the Economic Relations Division to go for further negotiation regarding terms and conditions of $132-million loan from two Chinese banks. The committee, which held its first meeting on the Chinese
BB asks banks to set up training centres
Issues set of guidelines Bangladesh Bank on Monday asked scheduled banks to develop their training institutes’ infrastructure and quality in a bid to strengthen the manpower in the banking sector. The BB issued a set of guidelines to managing directors and chief executive officers of all the banks. It asked them to develop the technological
Dhaka stocks decline on profit-taking sales
Dhaka stocks declined on Monday amid lower turnover as the investors went for sell-offs to make some profits late in the trading session. The benchmark general index of the Dhaka Stock Exchange, DSEX, lost 0.69 per cent, or 29.06 points, to finish at 4,134.12 points.
Onion import from Myanmar starts
The import of onion, a key cooking ingredient, from neighbouring country Myanmar has started to ensure sufficient supply in the overheated market ahead of Eid-ul-Azha, said a commerce ministry official on Monday. ‘Yes, the import has started. It’s being done through the private sector,’ Monoj Kumar Roy, additional secretary (import) of the commerce ministry, said.
Textiles expos in city in Sept 5-8
CEMS-Global USA Conference & Exhibition Management Services in association with CEMS Bangladesh will organise three international exhibitions focused on the country’s textile and garment sector on September 5-8 at Bangabandhu International Conference Centre in the city, said a press release. The exhibitions are — the 14th Textech Bangladesh 2013
Fund to be released as per demand of supervision body
TK 900CR Stock Scheme Fund to be released as per demand of supervision body The first instalment of the Tk 900 crore refinancing scheme for the affected small market investors would be released as per the recommendation of the supervision committee that would be formed by this week, Bangladesh Securities and Exchange Commission officials said. ... Read more
Foreign diplomats active as polls near
With a few months to go before the incumbent government serves out, foreign diplomats have become active in Bangladesh’s politics, giving their views on how the political parties should resolve the crisis over the mode of an election-time government. Although diplomats from different missions in Dhaka in
Inquiry likely soon against JU VC allegations
Classes resumes, campus becomes normal The education ministry will set up an commission to investigate the allegations that have been levelled against the Jahangirnagar University vice-chancellor, Anwar Hossain, after the return of the president, Abdul Hamid, who is now in Singapore. Classes, meanwhile, resumed at Jahangirnagar University
ACC approves cases against BTCL MD, 3 ex-MDs
The Anti-Corruption Commission on Sunday approved four cases against 22 people, including the present managing director SOM Kalim Ullah and three former managing directors of Bangladesh Telecommunications Company Ltd, regarding their suspected involvement in illegal Voice over Internet Protocol business.
Govt cuts urea price by Tk 4 a kg
The government on Sunday reduced urea fertiliser price by Tk 4 a kilogram to lessen agricultural production cost. The agriculture minister, Matia Chowdhury, announced the reduction in the urea price at a press briefing in her ministry. She said that the urea price was set at Tk 16 a kilogram
Court rejects Oishi’s bail prayer
The chief judicial magistrate’s court in Dhaka on Sunday rejected three of the four petitions, including the one seeking bail for Oishi Rahman, the prime suspect in the murder of her parents, Special Branch inspector and his wife. The court of metropolitan magistrate Anwar Sadat,
Jamaat men can join polls without party symbol: CEC
Barguna-2 by-polls on Oct 3 The chief election commissioner, Kazi Rakibuddin Ahmad, on Sunday said that Jamaat-e-Islami leaders would be able to contest the parliamentary polls but would not get ‘scale’ or any other election symbol reserved for the party. He made the observation replying to a volley of
Biman announces Hajj flight schedule
Biman Bangladesh Airlines announced the Hajj flight schedule to and from Saudi Arab to carry pilgrims under government management. According to the announcement, a total of four flights of Biman would carry around 1,591 pilgrims under the government arrangement.
Arefin appointed DU VC
The president, Abdul Hamid, also chancellor of the University of Dhaka, appointed AAMS Arefin Siddique the vice-chancellor for the next four years, an education ministry circular said on Sunday. The university senate at a special session on Saturday elected three people — AAMS Arefin Siddique, who was vice-chancellor, Nasreen Ahmad, the incumbent
Tagore’s Europe visit presented
Cultural Show At Chhayanaut Tagore’s Europe visit presented The Nobel Laureate Poet Rabindranath Tagore’s visit in the European countries and the impact of those visits in his literary works had been presented through a cultural show held on Saturday at the Chhayanaut auditorium in Dhanmondi. The production titled ‘Arup Tomar Bani-Tagore in Europe’ directed by ... Read more
Theatre fest on women issues ends
Mukti and Prakrito Purangona staged on last day The first ever theatre festival on women issues organised by Bangladesh Shilpakala Academy ended on Saturday with staging of Mukti and Prakrito Purangona. The six-day festival titled Nari Jagoroner Natya Ayojon featured 12 plays on women issues. Women theatre practitioners had significant contributions in these plays as ... Read more
Chandana charms audience at IGCC
Eminent folk singer Chandana Majumdar moved the houseful audience by presenting some evergreen traditional numbers on Saturday at the Indira Gandhi Cultural Centre in Gulshan. The melody of her high-pitched voice modulation could successfully transport the underlying love for God in the devotional songs composed by legendary bards like Fakir Lalon Shah, Radharamon,
Drama serial on 1971 begins
A thirty-episode drama serial featuring the stories of the hot-blooded days of the war of independence in 1971 will be aired two days a week on Channel-i. The serial titled 1971 Seisob Dingulo, scripted and directed by Hridi Huq, from her father, the Ekushey Padak winning thespian Dr Enamul Huq’s novel Seisob Dingulo, will be ... Read more
Illegal structures close in on Ctg railway
Shops, slums and rickshaw garages have occupied the land within 10 feet of railway lines at many points in the Chittagong city in breach of section 144 that prohibits such encroachments. Incidents of stones being hurled from these slums on the passengers of running trains have increased in the recent times, local people said, blaming ... Read more