Mohammad Shahjahan Khan, a shipping an1d real estate businessman, has recently been elected as president of the Dhaka Chamber of Commerce and Industry for the year 2014. Osama Taseer and Kh Shahidul Islam have been elected as senior vice-president and vice-president respectively. The new board of directors of
Month: December 2013
BSEC fines 4 investors, 7 entities Tk 75 lakh
SHARE PRICE MANIPULATION BSEC fines 4 investors, 7 entities Tk 75 lakh The Bangladesh Securities and Exchange Commission on Wednesday fined 11 individuals, merchant bank, stockbrokers and firms Tk 75 lakh for manipulating share prices of different companies. The BSEC made the decision at a regular commission meeting presided over by its chairman M Khairul Hossain. Abdur ... Read more
BB to oversee bank-NBFI liquidity management from Jan
Bangladesh Bank will introduce a monitoring tool named ‘Inter-bank Transaction Matrix’ from January 2014 to supervise liquidity management of banks and non-bank financial institutions. To this end, the BB issued a circular to managing directors and chief executive officers of all scheduled banks and NBFIs saying that the central bank
Stocks drop for 4th day
Dhaka stocks dropped for the fourth trading session on Wednesday with a fall in turnover as the ongoing political violence across the county continued to impact on investors. DSEX, the benchmark general index of Dhaka Stock Exchange, declined by 0.71 per cent, or 30.45 points, to close at 4,240.12 points.
Bangladesh creates world’s largest human flag
At about 1:40pm thousands of anxious people breathed a sigh of relief after holding their nerves for over six minutes at the National Parade Ground, when it was confirmed that their effort was worthy of new world record involving the largest number of people being able to create a national flag by holding placards overhead. When ... Read more
SCC accords reception to FF
Exempts their residences from holding taxes, water bill The Sylhet City Corporation authorities declared residences of freedom fighters exempted from holding taxes and drinking water supply charges in the city. SCC mayor Ariful Haque Chowdhury made the announcement at a reception of freedom fighters on Monday. The city corporation organised the programme
Thousands enjoy inspirational songs
Tens of thousands of people from all walks of life enjoyed inspirational songs rendered at the daylong Victory Day celebrations programme at the Suhrawardy Udyan on Monday. Wearing the red and green attires, many of them attended the programme with face paintings in colours of the national flag and sang along with the leading artistes ... Read more
Theatre pays tribute to martyred intellectuals
Theatre troupes staged street theatre productions to pay tribute to the martyred intellectuals of 1971 at a programme organised to observe the Martyred Intellectuals Day at the Mukta Bedi in Mirpur on Saturday. Most of the six plays staged by the troupes featured the atrocity of the Pakistani army and its local collaborators during the ... Read more
Swadhin Bangla Betar Kendra singers perform on Victory Day
Seventeen singers of Swadhin Bangla Betar Kendra infused patriotism into the houseful audience presenting inspirational songs they used to render from the radio station during the war of independence at the National Theatre Hall of Bangladesh Shilpakala Academy. They performed at the concluding day of the of the three-day Victory Day celebrations programme
Dhaka slates Pak resolution
Summons High Commissioner over meddling in internal affairs In the face of criticism by some countries for executing Jamaat leader Abdul Quader Mollah for his crime against humanity during the country’s liberation war, the government on Tuesday made it clear that it does not like any interference in its domestic affairs. And apparently to send ... Read more
Four killed as fresh spell of oppn blockade begins
Four people were killed in violence on Tuesday, the first day of the fourth spell of the 72-hour-long countrywide blockade programme, called by the BNP-led 18-Party alliance. The 18-party alliance called the blockade, demanding that the next election should be held under a non-party poll-time administration and that
Blockades put development projects into doldrums
The current political stalemate is seriously affecting the project implementation in different ministries as the officials in the ministries and district headquarters cannot have coordination meeting with the field level project officers because of the series of blockade programmes. Officials concerned said the development activities are being seriously
EU envoys advise against sending polls observers
European Union ambassadors in Dhaka have recommended to its Brussels headquarters that no international observers should be sent to monitor the forthcoming elections in Bangladesh, New Age has learnt. In a report sent on Monday to the EU political and security committee, the Dhaka-based ambassadors stated that the election due to be held
US inquires about post-poll govt plans, says Muhith
Finance Minister AMA Muhith on Tuesday said the United States awaits statement from the government on how the January 5 elections are going to be held. Muhith said this after a meeting with US Ambassador Dan Mozena at the secretariat. The finance minister told reporters that during the nearly
We’re still assessing situation: Mozena
US ambassador in Dhaka Dan Mozena on Tuesday said the US is still assessing the evolving political situation mentioning that the current situation underscores the need for proceeding more urgently to find some way for an election that the people of Bangladesh want and deserve. ‘We’re still assessing the situation. I’m certainly aware of that,’
Ershad likely to be sent abroad
The Jatiya Party chairman, HM Ershad, who was picked up by people of an intelligence agency on December 12 and was admitted to Combined Military Hospital, is likely to be sent to a hospital abroad, party leaders and the family told New Age on Tuesday night. ‘Passports of four people, including that of Ershad
Dhaka to push for regional connectivity
BCIM kicks off at Kunming today Bangladesh is likely to emphasise regional connectivity in the first two-day meeting of the joint working group of the Bangladesh-China-India-Myanmar (BCIM) economic corridor, which begins at Kunming on Wednesday, so that academic discussions can be transformed into reality. Sources in the Economic Relations Division (ERD) said Bangladesh is
Power Div seeks $2.28b fund for nine projects
Improvement of generation, distribution aimed at The government would seek US$2.28 billion from donors, specially from China, the World Bank, the Asian Development Bank and Japan for developing the country’s power sector, officials said Tuesday. The fund will be used for nine power generation and distribution projects, they said. The Power Division has made the demand for ... Read more
HRW urges govt, political parties to show restraint
Deadly volence HRW urges govt, political parties to show restraint Human Rights Watch (HRW) has expressed its concern over the ‘deadly street violence’ in Bangladesh and urged both the government forces and the political parties to show restraint to stop endangering lives, reports UNB. The New York-based global rights watchdog urged the government to ‘publicly ... Read more
Biswajit killing verdict today
The verdict in the Biswajit killing case will be delivered on Wednesday, a year after the gruesome murder was committed, a Dhaka court said. Biswajit Das, a 24-year-old shopkeeper, was allegedly chopped to death by some Bangladesh Chhatra League (BCL) activists of Jagannath University.