Tofail eyes $50b annual exports in 5yrs Spot export orders at the Dhaka International Trade Fair 2014 have dropped by nearly 50 per cent to Tk 80.44 crore this year from Tk 157 crore in last year as many buyers skipped the fair due to political uncertainty. Participants at the month-long fair that ended on Monday ... Read more
Month: February 2014
Govt eases minimum distance for setting up filling stations
The power, energy and mineral resources ministry has issued a guideline for setting up fuel oil refuelling stations relaxing restriction on maintaining minimum distance for new filling stations to be established outside city corporations and district towns. Officials of the ministry said that now entrepreneurs would be able to set up new filling stations at
M-bankers unhappy over daily stock reporting to BB
BSEC to urge fin min for weekly reporting The Bangladesh Securities and Exchange Commission is likely to request the finance ministry to refrain Bangladesh Bank from monitoring on daily basis banks’ capital market investment through their merchant banks, BSEC sources said. The BB in January asked banks to submit to it total fresh investments made by ... Read more
FDI govt’s first priority: commerce minister
FICCI for smooth energy supply, infrastructure Attracting foreign direct investment is the first priority of the government to spur economic growth and boost investment in the country, commerce minister Tofail Ahmed said on Monday. ‘We are taking different steps including one stop service for the foreign investors to encourage the overseas corporate investors to invest ... Read more
Tamim cloud still hangs over Tigers
Three set for Twenty20 debut against Sri Lanka Despite a tense environment in the dressing room, Bangladesh is set to debut three newcomers for the first Twenty20 International against Sri Lanka on Wednesday. Sabbir Rahman, Mohammad Mithun and Arafat Sunny are in line to play against the tourists as management’s deadline to announce Bangladesh’s squad
Dilshan sees it as good preparation
Veteran Sri Lanka batsman Tillakaratne Dilshan on Monday said that the forthcoming Twenty20 Internationals and three-match one-day international series against hosts Bangladesh will serve as good preparation ahead of two major limited-overs competitions. The visitors will embark on the limited-overs
Jamal chase history in IFA Shield semis
A confident Sheikh Jamal Dhanmondi Club side will face East Bengal F.C – the most successful Indian club in history – today at Salt Lake Stadium in Kolkata for a spot in the final of the 119th IFA Shield. The Dhanmondi-based club made it to today’s semi-final after beating Sikkim United and Kolkata powerhouse Mohunbagan F.C ... Read more
Muktis thrash Uttar Baridhara
Muktijoddha Sangsad progressed to second spot in the Nitol Tata Bangladesh Premier League standings after a resounding 5-0 victory over newly-promoted Uttar Baridhara on Monday at Bangabandhu National Stadium. Mohammed Biplob and Nigerian recruit Nkwocha Kingsley notched a brace each while another Nigerian striker Eleta Kingsley also got his name
6,778 students absent as SSC exams begin
A total of 6,778 students were absent in the Bangla first paper test on the first day of the Secondary School Certificate and equivalent Dakhil and vocational examinations on Sunday, the education ministry’s control room said. The control room also said nine students were expelled for adopting unfair meanson the day. Of the nine, six were ... Read more
Catchers of tiger poachers will be rewarded, say forest officials
The Forest Department will reward those who help catch wildlife traffickers and poachers in the Sundarbans, especially Bengal Tigers. The decision came in the wake of the recent rescue of a seriously injured tiger by the Forest Department in the Sundarbans. The tiger fell in a trap set by
Bird survey today at Hakaluki haor
Bangladesh Birds Club will do a survey on an endangered migratory bird, waterfowl, at Hakaluki haor today. A team of 15 experts led by prominent bird specialist Enam Ul Haque is conducting the survey under the Coastal and Wetland Bio-diversity Management Project of Directorate of Environment (DoE). He is also the national coordinator of waterfowl ... Read more
Fazal Shahabuddin dies
Noted poet, journalist Fazal Shahabuddin died on Sunday morning at his residence at Khilgaon in the city after suffering from old age complications. He was 78. The poet is survived by his widow and four children. Shahabuddin’s first Namaz-e-janaza was held after the Asar prayer at the Jatiya Press Club and the second one was held ... Read more
Khaled Khan’s birth anniv celebrated
Fans, relatives and peers of noted actor Khaled Khan gathered on his 57th birth anniversary celebrations programme held on Sunday morning at the Bakultala of the Faculty of Fine Arts of Dhaka University. Khaled Khan Janmobarsiki Udzapan Parisad organised the programme titled Juboraj Jayanti in memory of that great artiste who died on December 20, ... Read more
Defaulted industrial loan down on wholesale rescheduling in Q2
Industrial defaulted loan decreased by 29.45 per cent in October-December of the current financial year 2013-2014 compared with that of the previous quarter when the amount rose by 2.93 per cent. BB officials told New Age on Sunday that the majority number of banks in the last one-and-a-half months had irrespectively rescheduled their defaulted loan by ... Read more
Farashuddin declines to be DSE director
BSEC asks Dhaka, Ctg bourses to re-submit directors’ lists Former Bangladesh Bank governor Farashuddin Ahmed has declined an offer to become an independent director, potentially to be the chairman, of Dhaka Stock Exchange. The Bangladesh Securities and Exchange Commission on Sunday asked the Dhaka and Chittagong bourses to resubmit the primary list of independent
Muhith turns down BTMA urge for special dollar help
Finance minister AMA Muhith on Sunday turned down a proposal of Bangladesh Textile Mills Association for special foreign currency assistance from the Bangladesh Bank. The government would need additional foreign currency for implementation of the Padma Bridge project, he told the BTMA officials at a meeting
Fin min allocates Tk 1,253cr for BPC in subsidy
The Ministry of Finance (MoF) has sanctioned Tk 1,253 crore in favour of Bangladesh Petroleum Corporation (BPC) in subsidy payments for selling petroleum products in the domestic market at prices lower than its procurement costs. The allocation was made in consideration of the losses and outstanding subsidy for the last five years and for the first ... Read more
Workers need to pay Tk 5,000 more for airline change
Jobs In Malaysia Workers need to pay Tk 5,000 more for airline change The migration cost of a Malaysia bound worker will increase by Tk 5000 due to change of airliners in February, according to Bureau of Manpower, Employment and Training. The BMET has recently taken a decision in principle that Bangladeshi workers would be ... Read more
Tamim quits as vice-captain
Bangladesh began their Twenty20 preparation on a tense note as vice-captain Tamim Iqbal resigned from the position on Saturday night, soon after the Bangladesh Cricket Board appointed Mashrafee bin Murtaza to lead the Tigers in the two-match series against Sri Lanka. Tamim’s decision to resign from the post
Abahani, Usha crowned joint hockey champs
Abahani and Usha KC finished as Green Delta Insurance Premier Division Hockey League co-champions after Abahani’s 3-0 win over Usha KC at the Maulana Bhasani Hockey Stadium on Sunday. The result left both teams level on 24 points from nine matches and produced league co-champions for the fifth time, after 1990, 1991, 2006 and 2010. The competition