Hotels and motels in Cox’s Bazar fear huge financial losses as tourists are increasingly shelving plans to visit the town of the longest natural sea beach in the world due to persistent deadly political activities. Occupancy rates at most hotels and motels in the beach town, the most popular tourist spot in the country, were as ... Read more
Month: October 2013
Dhaka bourse EGM postponed after HC stay order
The Board of Directors of the Dhaka Stock Exchange has cancelled its extraordinary general meeting scheduled on Tuesday for passing the demutualisation scheme following a stay order from the High Court. The High Court bench of Justice Mamnoon Haque issued the order following a writ petition filed on Monday by DSE director Ahmed Iqbal Hasan
95pc Nordic cos mull expanding business in Bangladesh: survey
Around 95 per cent Nordic companies doing business in Bangladesh are contemplating to increase their activities in the country in the coming three-year period, said a recent survey. Part of the reason for the plans to increase activities in Bangladesh could be that they experience higher profit opportunities here compared to
Dhaka stocks stretch gain to 3rd day
Dhaka stocks advanced for the third trading session on Tuesday with an increased turnover as the banks’ shares prices continued to rise on investors’ optimism fuelled by hopes of a political dialogue. The benchmark general index of Dhaka Stock Exchange, DSEX, added 0.95 per cent, or 37.63 points, to close the day at 3,989.14 points.
Haq joins MTB as DMD
Syed Rafiqul Haq has recently joined Mutual Trust Bank as its deputy managing director, said a press release. Prior to joining MTB, he was the area head (corporate banking) of Eastern Bank, an organisation he had joined in 1998. Haq, who completed his MBA from the Institute of Business Administration at University of Dhaka after doing ... Read more
Rubel rules in Mirpur
Rubel Hossain came out of nowhere to become a hero, claiming a hat-trick and taking six wickets to help Bangladesh crush New Zealand by 43 runs in the first One-Day International in Dhaka on Tuesday. After an unimpressive Test series, Rubel was not the best bet for Bangladesh to put up a match-winning performance, and that ... Read more
Former cricketer Salahuddin passes away
Former Bangladesh cricketer Sheikh Salahuddin passed away in the early hours of Tuesday morning following a cardiac arrest. He was 44. Salahuddin was an off-spinner and featured in six one-day internationals for Bangladesh in 1997. He worked as the Bangladesh Cricket Board’s Divisional
Sakib out with dengue
All-rounder Sakib al Hasan’s availability for the remaining two One-Day Internationals and the lone Twenty20 International of Bangladesh’s series against New Zealand were thrown in serious doubt after he was diagnosed with dengue fever on Monday. Sakib was admitted to the Apollo Hospital
Anderson lauds hat-trick hero Rubel
New Zealand all-rounder Corey Anderson heaped praise upon Rubel Hossain after his hat-trick and 6-26 sealed a 43-run win for Bangladesh in the first One-Day International at the Sher-e-Bangla National Stadium on Tuesday. Needing 124 off 78 balls after rain reduced New Zealand’s target to 206 in 33 overs, Anderson hit some lusty blows to shift ... Read more
Mushfiq’s big week rolls on
Mushfiqur Rahim may have only just gotten engaged on Saturday, but it seems his honeymoon may have already begun. The Bangladesh captain scored 90 from 98 balls in a 154-run partnership with Naeem Islam (84) to take the hosts from 25-3 to 179-4 in the first one-day international against New Zealand at the Shere-e-Bangla National stadium
‘Rubel deserves it’
Captain Mushfiqur Rahim reserved special mention for Rubel Hossain after the paceman recorded the joint-best bowling figures for a Bangladeshi bowler in One-Day Internationals to inspire his team to a 43-run win in the first ODI against New Zealand. Rubel scalped 6-26 in 5.5 overs,
Muktijoddha dump veteran Kanchan
Former national striker Rokonuzzaman Kanchan is in the dark over his participation in the forthcoming domestic football league after his employers Muktijoddha Sangsad KC decided not to renew his contract. Kanchan, who has represented Muktijoddha for the last 12 years, is not only livid with his club for not renewing his contract but he also claimed ... Read more
Broad top villain among England’s ‘Urinators’
England’s Stuart Broad is relishing the role of Ashes villain but he won’t be the only target of boos in a team dubbed ‘the Urinators’ by the Australian press. The lanky pace bowler was labelled ‘public enemy’ over his contentious decision not to walk in the first Test of the recent Ashes series, which England ... Read more
DRS moves put heat on Ashes umpires
Controversial umpiring punctuated the last Ashes series but match officials may be under more pressure in the upcoming Tests as they grapple with a much-changed Decision Review System. Tensions involving DRS ran high during England’s 3-0 home win this year, with interventions from team and International Cricket Council officials,
Clubs appeal for transfer window extension
Seven professional clubs appealed to the Bangladesh Football Federation on Tuesday to reschedule the closing date of the ongoing inter-club player transfer window in light of the current political situation. Officials from Abahani Limited, Mohammedan Sporting Club, Sheikh Russell Krira Chakra, Sheikh Jamal Dhanmondi Club, Muktijoddha, Brothers Union
Oppn plans Dhaka seize Nov 4-6 to push for CG
The BNP-led 18-party alliance will go for a three-day Dhaka seize programme from Monday (Nov 4) to force the ruling Awami League to meet its demand for the next general election under a non-party caretaker (CG) oversight, sources said. As part of the programme, leaders and activists of the 18-party alliance will take a strong ... Read more
Hectic move to have Hasina, Khaleda across table
A hectic move, initiated by different quarters, is on to bring Prime Minister Sheikh Hasina and Leader of the Opposition Khaleda Zia to the talks table to resolve the current political impasse. The country has experienced massive political violence in the last couple of days. Over 14 people were killed during the 60-hour non-stop hartal ... Read more
4 more killed in hartal violence
Death toll rises to 14 At least four people were killed and more than 150 injured in violence across the country on Tuesday, taking the death toll in the opposition-sponsored 60-hour hartal to 14. On the concluding day of the shutdown on Tuesday, two people were killed in Cox’s Bazar and one each in Magura ... Read more
Property market in the doldrums
Govt’s revenue from land, apartment sales declines The government’s revenue collection from sales of landed property — land and apartments — has been showing a downward trend in recent months. This has been attributed to a host of factors. These include: a substantial fall in land prices, enhanced official value for such property – both ... Read more
Govt works on act for EPZ labour rights
Draft in final stages The government has plans to enact the EPZ Labour Act 2013 aimed at fully-fledged labour rights, including right to association and collective bargaining activities, that other workers enjoy outside the export processing zones. The move, with the draft of the law now being in final stages, has been taken as part of ... Read more