Rice price rises too The prices of rice and onion went up on the retail market in the capital due to supply shortage as frequent blockades disrupted transportation across the country. Traders said that the price of rice increased by Tk 1-Tk 2 a kg while the prices of onion touched a record high to ... Read more
Month: December 2013
Export earning up 18pc in July-November
The country’s export earning in July-November, the first five months of current financial year 2013-14, increased by 18.46 per cent to $12 billion from that of $9.70 billion in the same period of the FY13. The export earning growth in July-November in the FY13 was 4.36 per cent. According to the data of Export Promotion Bureau,
BTRC slashes IGW cos’ licence fee by 50pc
The move to cause Tk 108cr revenue loss from 2014 The Bangladesh Telecommunication Regulatory Commission has recently slashed the annual licence fee for the international gateway operators by 50 per cent which will cause a Tk 108.75 crore yearly revenue loss of the government, officials concerned said. The BTRC’s latest amendment to the IGW
CVO Petro awards an individual 1.40 lakh bonus shares illegally
Finds DSE investigation CVO Petrochemical Refinery Limited, previously known as Chittagong Vegetable, has awarded illegally at least 1.40 lakh bonus shares worth around Tk 12.27 crore to an individual, a Dhaka Stock Exchange investigation found. Delower Hossain, a client of Lanakabangla Securities under client code G1823, in 2011 and 2012 got 1.40 lakh bonus shares of ... Read more
Taranco moves make stocks positive
Dhaka stocks advanced on Sunday, the first trading session of the week, after a two-day fall amid optimism that the United Nations assistant secretary general’s moves might break the current political stalemate. DSEX, the benchmark general index of Dhaka Stock Exchange, finished at 4,302.56 points, adding 0.58 per cent or 25.17 points. DS30, the blue-chip
Data market booming: outgoing Robi chief
Michael Kuehner, the outgoing chief executive of Robi, said the voice market in Bangladesh is stagnating while the data market is booming. “Voice revenue is flattening out whereas data market growth is really fast in Bangladesh, although the use of data is still very low.” Kuehner,
Keep milk carrying vehicles free from blockade
Urges Milk Vita Milk Vita has urged the opposition alliance to keep milk carrying vehicles free from general strike and transport blockade programmes. In a news release on Saturday, Milk Vita managing director Mohammad Munir Chowdhury said, ‘Despite the obstacles [caused by the ongoing blockade] initiatives have been taken to continue milk supply considering
Walton launches mobile smart zone at Paltan
The inauguration ceremony of Walton’s mobile phone distributor showroom named ‘Walton Mobile Smart Zone’ with the utmost collection or Walton smartphones and feature phones took place at Baitul View Tower, Pallan in the city recently. Ilias Kanchan, famed celebrity, and executive director of Walton inaugurated the showroom by cutting a ribbon. In
Blast rocks West Indies U-19s
The second youth one-day international between the West Indies and Bangladesh U-19 teams was postponed for a day after a blast near the visiting team’s hotel, the Bangladesh Cricket Board said on Sunday. The match had been scheduled for Sunday at Zahur Ahmed Chowdhury Stadium in Chittagong. The BCB said that a small bomb exploded outside
Premier league cricketers yet to get full payment
A BPL-style payment system in Dhaka Premier Division Cricket League left the players scared about the prospect of getting full amount. Though the situation like BPL did not arise eventually, as many as five clubs are yet to abide by the rules of what the board introduced about the payment method. The Cricket Committee of ... Read more
BCB out for damage control
The Bangladesh Cricket Board is looking for damage control after a small bomb exploded outside Hotel Agrabad in Chittagong on Sunday creating panic among the visiting West Indies Under-19 team. Bangladesh are scheduled to host two major cricket tournaments next year – the Asia Cup in February-March and the ICC World Twenty20 in
BFF coaching shuffle on cards
The Bangladesh Football Federation is likely to shake-up its coaching ranks when coaches’ contracts expire on December 31, highlighted by the addition of coaches’ instructor Saiful Bari Titu. The proposed coaching shuffle comes after BFF president Kazi Salahuddin instructed the BFF development committee to re-evaluate the coaches. Salahuddin
Zia starts with win
Grand Master Ziaur Rahman got off to winning start in the 5th London Chess Classic FIDE Open when he beat Australian Puccini Jack at the Olympia Conference Centre at Kensington on Saturday. Zia was supposed to play his second round game against Norwegian FM Stigar Petter Sunday night. A total of 184 players including 22 ... Read more
Standard Chartered Golf title for Hasib
Captain Syed Hasibur Rahman emerged champion in the 18th Standard Chartered Golf Tournament which was held at the lush greens of Bhatiary Golf and Country Club (BGCC) in Chittagong on Friday. Around 200 golfers from home and abroad tested their skills at the annual tournament sponsored by Standard Chartered Bank, according to a press release. Major
15 venues for ICC T20 warm-up matches
The practice and warm-up matches of the upcoming ICC World Twenty20 Cricket Bangladesh for the participating men’s and women’s teams will be held at 15 different venues in the three host cities of the country. a fixture of the practice matches after getting proposal from the participating teams and sent it to the International Cricket ... Read more
Meghalaya proposes 22 border markets with Bangladesh
Meghalaya is keen to set up 22 more border ‘haats’ (markets) along the India-Bangladesh border to create economic opportunities for the people living along it, reports Times of India. The haats, once thriving centres of trade and commerce, were shut down after the creation of Bangladesh in 1971. Meghalaya chief minister Mukul Sangma said: ‘We have
Waste-based power plants in city face uncertainties
Italian firm faceh funding constraints An Italian firm, facing funding constraints, failed to start setting up two waste-based power plants in the city outskirts, city corporation officials said Under a deal the government signed with the company in February the Italian firm was required to start setting up the plants, one each at Amin Bazaar ... Read more
15th convocation of IUB held
The 15th convocation of Independent University, Bangladesh was held on Saturday at the Army Stadium in Dhaka. Delegated by the President, IUB vice-chancellor Omar Rahman conferred degrees on the graduating students. Former chief adviser to the caretaker government Justice Muhammad Habibur Rahman attended the programme as the convocation speaker
Aggressive baby food marketing hampers child nutrition: experts
Health experts on Saturday said that aggressive marketing tactics by the formula producing companies and their attractive market policy were hampering child nutrition in the country. Different international agencies also were now taking up public-private partnership schemes to eradicate malnutrition for the sake of their own business interest, they said while
Ferries torched at Mawa as blockade begins
Stray incidents of violence and arson marked the first day of the third spell of the opposition-enforced blockade of road, railway and waterways on Saturday as pickets clashed with the police and torched vehicles and ferries to push for a non-partisan polls-time government. At the end of its last 131-hour blockade on Thursday, the Bangladesh ... Read more