Four state-owned commercial banks have signed revised memorandums of understanding with the Bangladesh Bank in a bid to improve their financial health through mitigating the risks of fraud, said officials of the central bank. A BB official said that the SCBs had submitted the revised MoUs to the BB on September 30 after they were ... Read more
Month: October 2013
Foreign investment dips by 45pc on DSE in Sept
Foreign investment in the Dhaka Stock Exchange declined by 45.53 per cent in September compared with the previous month due to uncertain political situation, market operators said. Net foreign investment in September stood at Tk 84.64 crore as overseas investors bought shares worth Tk 167.54 crore while sold shares worth
Stocks, turnover fall further on SQC verdict
Dhaka stocks inched down on Tuesday for the fourth trading session as the turnover declined further amid fears of fresh unrest on the political front after the international crimes tribunal on the day handed BNP lawmaker Salauddin Quader Chowdhury death sentence in the case of crimes against humanity committed during the War of Liberation in ... Read more
BSEC asks DSE to implement demutualisation scheme
Bangladesh Securities and Exchange Commission on Tuesday issued a directive to the Dhaka Stock Exchanges asking the bourse to implement the demutualisation schemes as per the Demutualisation Act. Now the bourse has to publish the demutualisation scheme on its website and in newspapers, distribute the scheme among its member-brokers and publish it as
Taka Jadughar set for Oct 5 launch
The Taka Jadughar (currency museum), set up on the second floor of the Bangladesh Bank Training Academy, will be inaugurated on October 5. Speakers of the Parliament Shirin Sharmin Chowdhury will inaugurate the museum. Old currencies starting from the Uari Batesh
Heartbreak for young footballers
The Under-10 and Under -12 national teams will not take part in the Youth Football Festival in South Korea from October 4-6, breaking the hearts of the players slated to make the trip. The players were denied visas to attend the festival after the confirmation deadline was allowed to pass without anyone informing the Korean ... Read more
Saber calls it quits from election race
Former Bangladesh Cricket Board president Saber Hossain Chowdhury backed out from the forthcoming election on the pretext of contempt of court fear saying that if he had participated he could have easily been charged. The Appellate Division of the Supreme Court on July 25 allowed the BCB to hold its executive body election after a ... Read more
First batch of Kiwi cricketers arrive
A 13-member first batch of New Zealand Test Cricket Team arrived in the capital on Tuesday on a five-week tour to Bangladesh to play two Tests, three ODIs and one T20 International against the Bengal Tigers. The Black Caps will travel to Chittagong on Wednesday after staying the night at Sonargaon Hotel in the city. ... Read more
Abahani succeed in election, falter on field
Abahani Limited’s on-field struggles continued on Tuesday, as the storied club lost to Sheikh Jamal DC by 28 runs in Mirpur to fall into the bottom three of the Dhaka Premier League. The team’s poor form stands in stark contrast to the club’s off-field success, which has seen more than dozen Abahani-based orgainsers
Rakib continues solo lead in Nat’l ‘A’ Chess
GM Abdullah Al-Rakib of Duronto Rajshahi continued to maintain his solo lead in the points table with 8.5 points after the conclusion of the 10th round of the 39th National ‘A’ Chess Championship 2013 on Tuesday at the Bangladesh Olympic Association. Rakib won in 40 moves against Titas Club’s
SQC sentenced to death for war crimes
An international crimes tribunal on Tuesday handed down death sentence to Bangladesh Nationalist Party lawmaker Salauddin Quader Chowdhury for committing genocide and killings in Chittagong during the country’s Liberation War in 1971. The three-member International Crimes
PM seeks foreign friends’ support to finish war crimes trial
Claiming the ongoing war crimes trial thoroughly independent, prime minister Sheikh Hasina on Tuesday voiced her resolve to finish the daunting task of bringing the perpetrators to book after more than four decades of crimes against humanity, and sought support from foreign friends to this end. ‘The process is thoroughly independent. We’re confident that
Alleged leak of SQC verdict raises controversies
Govt orders probe The government has ordered an investigation after controversies arose over the alleged leakage of the verdict against Bangladesh Nationalist Party lawmaker Salauddin Quader Chowdhury in a war crimes case. A copy of the document said to part of the verdict delivered by the International Crimes Tribunal 1 on Tuesday was made available ... Read more
Verdict an order from ministry: SQC
BNP lawmaker Salauddin Quader Chowdhury, immediately after being sentenced to death for war crimes, said aloud in the courtroom that the judgement was an order from the ministry. International Crimes Tribunal 1 on Tuesday handed Salauddin death sentence in the case of
Verdict reflects people’s expectations: ministers
The government, the ruling Awami League and a cross-section of people on Tuesday welcomed the International Crimes Tribunal 1 verdict that sentenced Salauddin Quader Chowdhury death sentence for crimes he had committed in the 1971 war of independence. The information minister, Hasanul Haq Inu,
SQC victim families happy
Families of the victims of BNP lawmaker Salauddin Quader Chowdhury in Chittagong said that they were happy about the verdict International Crimes Tribunal 1 delivered on Tuesday sentencing him to death. They, however, demanded an expeditious execution of the verdict. He was sentenced to death for genocide and killings during the independence war in 1971.
Salauddin’s attitude disrespectful: tribunal
International Crimes Tribunal 1 in its judgement on Tuesday sentencing BNP lawmaker Salauddin Quader Chowdhury to death said that the accused was the sitting lawmaker but his attitude towards the judiciary was disrespectful. The tribunal made the observation in a judgement chapter titled ‘The demeanour of accused Salauddin Quader Chowdhury as D.W. 1.’
Pro-BNP lawyers term verdict a ‘farce’
Bangladesh Jatiyatabadi Ainjibi Forum, a platform of pro-BNP lawyers, has termed a ‘farce’ the verdict of International Crimes Tribunal-1 that handed down death penalty to BNP leader Salauddin Quader Chowdhury for committing crimes against humanity during the Liberation War in 1971. The forum made the remarks at a news
No problem to remain unresolved: Yunus
Urging his audience to imagine a poverty-free world, Nobel Laureate Muhammad Yunus has said no problem will remain unresolved when business gets involved with solving problems. ‘The distance between the possible and the impossible is shrinking. It’s just a matter of our imagination. Let’s imagine a world where
Tk 70cr bribery a year: TIB
Education Sector Graft Tk 70cr bribery a year: TIB Around 12 percent of people had to pay bribes for receiving education or other services from primary to higher education levels in Bangladesh last year, a TIB report said yesterday. The amount of bribery or undue payment can be estimated at around Tk 70.3 crore annually, ... Read more