National Committee to protect oil, gas, mineral resources, power and ports called upon the government to refrain from implementing Rampal coal-fired thermal power plant near Sundarban, otherwise, it would go for tougher agitation programmes including hartal after Eid-ul-Azha. The National Committee also announced to hold a countrywide demonstration
Month: October 2013
Flow of remittance falls
The declining trend in overseas employment has started impacting the flow of inbound remittances in the country. The flow of remittances has been gradually going down since the beginning of the current fiscal year. In the first quarter of the current 2013-14 fiscal, the total remittances recorded a fall of 8 per cent over the ... Read more
Experts for surface water use to save groundwater
Water experts here on Tuesday stressed the need for using surface water in agriculture to save groundwater as the global climate change will emerge as a threat to the country’s water sector in the coming days, reports UNB. “About 80 percent of irrigation water now comes from underground sources. Although we’ve huge surface water, we ... Read more
Man found dead
The police recovered the body of an unidentified man from the rooftop of a train at Rajshahi Railway Station on Monday night. Officer-in-charge of Rajshahi Government Railway Police station Alamgir Hossain said the people of the area spotted the body of the man on the rooftop of ‘Rajshahi Silk City’ train from Dhaka when it ... Read more
12000 new gas link installed after ban withdrawal
Titas Gas Transmission and Distribution Company Limited has installed about 12000 new gas connection while the entity is increased 48805 burner in the resident of its distribution areas after the ban of connection withdrawan. Among them around 6000 in the 13 zones under the areas of two Dhaka City Corporations and the rest connections were ... Read more
Leading dancers present contemporary dance
Ten leading choreographers of the country presented colourful dance recitals synchorinised with music composed by the 10 best musicians on Monday at the National Theatre Hall of Bangladesh Shilpakala Academy. The show was the first day programme of the three-day cultural festival organsied by Bangladesh Shilapakala Academy displaying its project to create international standard performing
Soaked Dream: German hope in Firoz Mahmud’s eyes
Internationally acclaimed experimental artist Firoz Mahmud is exhibiting his latest venture titled Soaked Dream at the Goethe-Institut in Dhanmondi. The photography based multimedia project addresses the social hopes through personal encounters and stories of life in the German capital Berlin where poetry met pragmatism.
Big B, Farhan Akhtar to star Vinod Chopra’s next film
Bollywood’s superstar Amitabh Bachchan and Farhan Akhtar will soon be spotted in producer Vidhu Vinod Chopra’s upcoming film. Directed by Bejoy Nambiar, the movie is yet to receive a title from its makers, reports India Today. The film will reportedly be a tightly-packed drama one, and one that has managed to bring the two actors ... Read more
Export earning soars by 21pc in Q1 despite factory disasters
The country’s export earning in the first quarter (Q1) of the current financial year 2013-2014 grew by 21.24 per cent year-on-year as the earning from readymade garment sector rebounded strongly in September after a gloomy August figure. Despite two RMG factory disasters and labour unrest,
All branches of bank, NBFI come under BB watch
Integrated supervision software introduced Bangladesh Bank on Tuesday introduced an integrated supervision software to bring all branches of the country’s scheduled banks and non-bank financial institutions under a web-based monitoring system in a bid to check fraudulent act. BB governor Atiur Rahman inaugurated the software
IMF cuts GDP growth projection to 5.8pc
The International Monetary Fund on Tuesday cut further the projection of GDP growth of Bangladesh to 5.8 per cent in the current fiscal year 2013-2014. The lender in its October issue of World Economic Outlook 2013, released on Tuesday, cut the country’s GDP growth projection for this fiscal year for
Media access to RMG sector can ensure better workplace condition: seminar
The country’s readymade garment sector will achieve sustainable growth if more coordination between media and stakeholders are ensured, speakers said in a seminar in Dhaka on Tuesday. They said media access to garment industry can ensure transparency of the garment sector and help develop better workplace condition — a key issue which
Commerce ministry asks traders to set minimum price of rawhide
The commerce ministry on Tuesday asked traders for setting a minimum and reasonable price of rawhide from sacrificial animals to be collected during coming Eid-ul-Azha so that people can get a fair price of the product, officials said. Fixing a reasonable price for per square feet of rawhide in consistent with international market will also ... Read more
BSEC to ask bourses to stop short selling
Dawn Securities won’t get shares of demutualised bourse Bangladesh Securities and Exchange Commission on Tuesday fined a brokerage firm for short selling its clients’ shares and also decided to ask the bourses to take action against short selling by brokers. The BSEC decision came in a regular meeting of the commission presided over by its ... Read more
BSEC approves FC Agro Biotech IPO
Bangladesh Securities and Exchange Commission on Tuesday approved the initial public offering of FC Agro Biotech for issuing 1.20 crore shares at the price of Tk 10 each. The BSEC decision came in a regular commission meeting presided over by its chairman M Khairul Hossain. The company will raise Tk 12 crore through
BSEC asks Dhaka, Ctg bourses to amend EGM notice
Bangladesh Securities and Exchange Commission on Tuesday directed the chief executive officers of the Dhaka and Chittagong stock exchanges to amend their respective extraordinary general meeting’s notice that named 24 members on their ‘interim board’. The proposed board could be restructured if
Stocks keep falling on unrest fear
Dhaka stocks declined for the firth trading session on Tuesday with the DSEX falling below 4,000 points after four and a half months as investors continued to sell-off shares apprehending political unrest ahead of the next general elections. The benchmark general index of the Dhaka Stock Exchange, DSEX, lost 1.68 per cent, or 64.89 points, ... Read more
BTMA demands insurance rate cut
Bangladesh Textile Mills Association on Sunday demanded that the government should reduce the insurance premium for textile mills considering their contribution in the export industry. A delegation of BTMA met the Insurance Development and Regulatory Authority chairman M Shefaq Ahmed on the day and placed their demand,
GP launches 3G service commercially
The country’s leading mobile operator Grameenphone on Tuesday launched 3G service on commercial basis in the Bashundhara and Baridhara areas in the capital. The GP brought out a bicycle procession in the Bashundhara residential area to mark the occasion while brand promoters of the company also
Tigers ready for Kiwi onslaught
Bangladesh are fully prepared as they head into the first Test match against New Zealand in Chittagong today, coach Shane Jurgensen and skipper Mushfiqur Rahim insisted on Tuesday. The Tigers have been preparing for this series since June, when fitness trainer Stuart Karppinen held a fitness camp before coach Shane Jurgensen