The net investment in the national savings certificates and bonds increased by 184.90 per cent in the first two months (July-August) of this fiscal year 2013-14 compared with that in the same period of the FY 2012-13 because of a dull investment situation in the productive sector and a lower rate on the banks’ savings ... Read more
Month: September 2013
BTRC eases call centre operation regulations
Bangladesh Telecommunication Regulatory Commission on Tuesday changed the licences of call centres into registration certificate in a bid to reduce complexity over opening the business. The BTRC order said the registration certificate fee for call centre services and business process outsourcing will be
BB’s discharge rate of complaints against banks declines
Rate of clients’ complaint resolved by the Customer Services Division of Bangladesh Bank declined to 68.46 per cent in the FY 2012-13 against 93.82 per cent in the FY12. A Bangladesh Bank report released on Tuesday showed that the CSD had received a total of 4,296 complaints against scheduled banks and non-bank financial
Asset mgmt cos to get tax privileges for 5 years
The National Board of Revenue is set to provide tax privilege at the rate of 15 per cent for five years to asset management companies in a move to boost their role in the capital market, officials said. At its board meeting held in last week, the revenue board decided to provide the tax benefit ... Read more
NBR forms body to probe recent gold smuggling
The National Board of Revenue on Tuesday formed a committee to investigate the recent gold smuggling incidents at the country’s airports, officials said. Headed by the director general of Customs Intelligence and Investigation Directorate, the committee will find out reasons for the escalation in gold smuggling
Ctg bourse wants more brokers in board
Demutualisation Scheme Ctg bourse wants more brokers in board The Chittagong Stock Exchange on Tuesday proposed that the Bangladesh Securities and Exchange Commission should increase the number of member-brokers in its board once the bourse is demutualised. CSE president Al Maruf Khan told this after the final hearing over the demutualisation scheme of the port ... Read more
Stocks end 5-day bear run
Dhaka stocks ended flat on Tuesday after fall in the previous five trading sessions as opening hype could not sustain against selling pressure after mid-session. The benchmark general index of Dhaka Stock Exchange, DSEX, finished at 4,030.09 points, advancing by 0.22 per cent or 9.01 points. DS30, the blue-chip
Styris ton steers Gazi Tanks
New Zealand cricketer Scott Styris smashed a stylish century to steer Gazi Tank Cricketers to their third victory in four matches, this time beating Cricket Coaching School by five wickets at the Sher-e-Bangla National Stadium on Tuesday. Elsewhere, Prime Doleshwar notched their third consecutive league win by beating Prime Bank Cricket Club at BKSP, also by ... Read more
NZ series left to one selector
There will only be one national selector available during the Tigers’ home series against New Zealand, as the contracts of the current selection panel, headed by former national team captain Akram Khan, expire on September 30. Chief selector Akram is looking to run in the forthcoming Bangladesh Cricket Board election and has become a councillor from ... Read more
Jalal at the heart of top controversy
BCB Councillorship Jalal at the heart of top controversy The Bangladesh Cricket Board’s high-profile media committee chairman Jalal Yunus was at the centre of controversy as the deadline to submit the names of councillors passed on Tuesday. Jalal had submitted his name as the councillor for second-division side Rayer Bazar Athletics Club on September 18, ... Read more
Abahani interview Aussie coach
Top officials of Abahani Limited have interviewed Australian coach Nathan Hall for the upcoming season, an official revealed on Tuesday. ‘It was a productive discussion between the two parties, but we are yet to finalise him,’ Abahani football manager Sattyajit Das Rupu said on Tuesday. Rupu also said that Hall had been the head
BOA fires director general
The Bangladesh Olympic Association executive committee has decided in principle to terminate its director general, Colonel (Retd) Wali Ullah, top BOA officials confirmed after an executive committee meeting on Tuesday. The decision was taken with the consent of BOA president General Iqbal Karim Bhuiyan after a regular executive committee meeting. The decision to fire Wali was ... Read more
New Age start with defeat
New Age started their Frooto BSJA Media Cup Cricket 2013 campaign with a crushing five-wicket defeat to Kaler Kontha at the Maulana Bhasani Hockey stadium on Tuesday. Batting first, New Age scored 54-2 in the allotted 6 overs, with 18 runs from top-scorer Zakaria and 15 from Rashad Banna. Needing 55 to win, Kaler Kontha blasted
Mohammedan-Sheikh Jamal friendly in Faridpur today
Faridpur football fans will have a chance to watch football rivals Mohammedan Sporting Club and Sheikh Jamal Dhanmondi Club play at the newly-renovated Faridpur District Stadium today. The Faridpur District Stadium is to be inaugurated as Sheikh Jamal District Stadium after the completion of the renovation work. To commemorate the event,
Encroachers inch on Segunbagicha canal
A major part of the 3,887-metre Segunbagicha canal in the capital has been illegally encroached upon as the government authorities concerned have failed over the years to take any initiative to check the grabbing of the canal. The Segunbagicha canal starts close to the Hotel Sheraton and passes through Ramna, Shipakala Academy area and Segunbagicha, with ... Read more
Khulna TCB starts selling onion at Tk 55 per kg
The Khulna regional office of the Trading Corporation of Bangladesh on Monday started selling onion at Tk 55 per kilogram from 15 outlets under five police stations in the Khulna city. Five trucks, each with 500 kilograms of onion, have been deployed in the city for open market sale of this essential cooking ingredient. The TCB ... Read more
25 hurt as auto-rickshaw drivers clash in Sylhet
At least 25 people were injured and more than 40 CNG-run auto-rickshaws vandalised in a two-hour clash between two groups of auto-rickshaw drivers in Sylhet city Monday afternoon. Police took the situation in control after firing teargas and rubber bullets, police said. Local sources said the clash began at
8 defrauds held in city
Detectives arrested eight members of a miscreants’ gang on Sunday who took away Tk 9 lakh from a client inside the Sonali Bank’s Lalmatia branch in the capital on August 26. The arrestees were Harun-or-Rashid, Md Badal, Emdadul Haque, Razu, Md Liton, Md Harun, Younus and Md Hannan, the police said. The gang took away the
12 held for selling fake medicine
Twelve alleged spurious medicine businessmen were fined and given different terms of imprisonment by a mobile court of the Rapid Action Battalion in the capital on Monday. A RAB-3 mobile court, led by executive magistrate Sharif Md Forhad Hossain, conducted a drive against fake herbal medicine shops at Gulistan and arrested 10 fake
Teacher held for trying to rape girl in Rajshahi
A school teacher was detained Monday morning in Rajshahi city on charge of trying to violate a student. The Shah Makhdhum police officer-in-charge, Hafizur Rahman, said arrestee Sajedur Rahman Mithun tried to rape a nine-year-old girl in Baya Bazar area of the city as the victim went to his house for dirking water. Local people caught ... Read more