4 cos vie for 4 licences with no competition Four mobile phone operators of the country are poised to be nominated for 3G mobile services as the Bangladesh Telecommunication Regulatory Commission holds auction for four licences today. As there is no competition for the licences, the operators will ‘compete’ for allocation of 40MHz of spectrum, ... Read more
Month: September 2013
US, EU buyers to work together on common safety standards
Rmg Factory Inspection US, EU buyers to work together on common safety standards After weeks of wrangling, the North American and European buyers on Saturday agreed in principle to work under a common standard for inspection of structural integrity and fire safety of the garment factories in Bangladesh. Mostly EU buyers and labour rights group formed ... Read more
DSE’s EPS only Tk 0.60, members worried over IPO prospect
Demutualisation Scheme DSE’s EPS only Tk 0.60, members worried over IPO prospect The low earning per share of Dhaka Stock Exchange of Tk 0.60 as mentioned in the demutualisation scheme has made the members of the bourse worried about the prospects of its initial public offering to be floated in a few years. The bourse has ... Read more
Govt to request Kuwait for extending payment time
Petroleum Import Govt to request Kuwait for extending payment time The government has decided to seek extended credit facility from Kuwait in order to facilitate Bangladesh Petroleum Corporation in payment of bills of petroleum imports from the country, Economic Relations Division officials said. At the upcoming joint committee meeting
Stocks end flat as investors watch political development
Dse Weekly Review Stocks end flat as investors watch political development Dhaka stocks ended flat last week in volatile trading with a decline in turnover amid uncertainties on the political front which made investors nervy. The benchmark general index of Dhaka Stock Exchange, DSEX, ended at 4,118.50 points, shedding 0.22 per cent or 8.89 points. DS30, ... Read more
Hatil to supply furniture for Paul Robert’s customers
Local furniture manufacturing company HATIL recently signed a global supply agreement with Paul Robert Inc USA to manufacture and export Paul Robert’s customised designed sofa, chair and other household furniture, said a news release issued by Hatil. Hatil will manufacture the furniture for Paul Robert’s
Appollo Ispat plant is in operation, says company
Appollo Ispat Complex Ltd’s authorities on Saturday said that the company was in operation and it was producing Rani-brand corrugated iron sheet. They alleged that some quarters, ahead of the company’s initial public offering, were trying to confuse people by saying that the factory was closed.
Ex-boss breaks silence over BCB election
Former Bangladesh Cricket Board president Ali Asghar broke his silence on Saturday and criticised current BCB president Nazmul Hasan for not making a level playing field for the forthcoming election ‘If an interim board president himself wants to contest the election I don’t think there will be any level playing field,’ Ashgar told reporters at
Tamim made BU captain
Bangladesh opener Tamim Iqbal was made captain of the new-look Brothers Union as the club announced his name during the inauguration ceremony of the Brothers Union Club Limited on Saturday. Tamim looked happy to be included in the set-up and believed that his side can go miles in the forthcoming Dhaka Premier League considering the
Final spot beckons for hosts Nepal
With two matches away from their maiden SAFF Championship title, hosts Nepal are running high on confidence before facing Afghanistan today in the first semi-final at the Dasharath Rangashala Stadium. After the hosts progressed to the last four of the regional football tournament for the second consecutive time, the All Nepal Football Association
New sports organisation launched
Sports organisers, mostly leaning to the opposition Bangladesh Nationalist Party, launched a new organisation called National Krira Unnayan Parishad at a city hotel on Saturday. Former Mohammedan Sporting Club president Mosaddek Ali will lead the organisation, which, despite its political identity, promised to work for the
Sathira returns to women’s team for SA tour
All-rounder Sathira Zakir Jessy returned to the national team after her superlative domestic performance as the Bangladesh Cricket Board announced a 15-member squad for the forthcoming tour of South Africa on Saturday. Jessy, the best performer in the last edition
Felani killer acquitted
The lone accused of the Indian Border Security Force (BSF) in the case of killing a 15-year old Bangladeshi girl Felani Khatun was acquitted on Thursday by a BSF court, according to BBC Bangla Service. The court pronounced the verdict, saying that Indian border guard Amiya Ghosh, the only accused in the killing of Felani, had ... Read more
Malaysia mulls amnesty again
Illegal Workers Malaysia mulls amnesty again So far 444 Bangladeshis held in crackdown Illegal foreign nationals detained in the ongoing crackdown in Malaysia will be given another chance to be legalised, the Malaysian home minister has said. This move was in view of the country’s need for foreign manpower in certain sectors, Malaysian English daily ... Read more
AL stands firm against CG compromise
Ruling Awami League leaders on Friday ruled out a compromise with the Opposition BNP on a caretaker government (GG) to oversee the next general election. “The CG system is a dead issue and there is no need for compromise on the matter. It will not return in Bangladesh even for an hour. The poll will ... Read more
No place of terrorism in Islam: PM
Mentioning that her government always believes in maintaining communal harmony, Prime Minister Sheikh Hasina on Friday hoped that those who tarnished the image of Islam as the religion of peace by unleashing militancy and terrorism will refrain from committing such misdeeds in the future. “I feel pity when they in the name of religion of ... Read more
BNP to intensify movement after Eid
The main opposition BNP-led 18-party alliance has warned that it would launch an oust-government movement after Eid-ul-Azha if the government does not resolve the prevailing political crisis over non-party caretaker government (CG) issue. “We will have no option but to intensify oust-government movement after the Eid if the ruling Awami League does not sit
Consensus on poll-time govt still possible, says Kamal
Gana Forum president Dr Kamal Hossain on Friday expressed his optimism that there is still time to find out a way soon to restore the election-time impartial government to resolve the ongoing political impasse over the forthcoming general polls. Addressing a meeting of newly floated student organisation Oikyabadhya Chhatra Samaj at his Bailey Road residence,
Ctg protests against second tea auction centre
Tea production and trading in Chittagong, currently the lone tea auction centre of the country, is likely to be affected following the government’s decision to start tea auction at Srimongol in Sylhet from the current year. This is causing concern among the business community of the port city. Sources said the Parliamentary Standing Committee of the ... Read more
One killed in BNP infighting at Satkhira
District Jatiyatabadi Matsyajibi Dal president Aman Ullah Aman was killed and 15 people were injured in a clash between two factions of BNP during a workers’ meeting in the town on Friday. Locals said the workers’ meeting of the district unit BNP began at Shilpakala Academy around 10am where BNP international affairs secretary Nazim Uddin ... Read more