With Pakistan at 25-2 in the fifth over against Australia after an opening match loss to India, Umar Akmal joined his brother Kamran at the crease with their side’s World Twenty20 campaign on the line and kept their tournament dream alive. Man-of-the-match Akmal smashed a T20I career-high 94 off just 54 balls to steer Pakistan to ... Read more
Month: March 2014
Sakib ready to move on after HK travesty
Bangladesh need to move on without worrying too much about the defeat against Hong Kong, all-rounder Sakib al Hasan said on Sunday as the Tigers returned to training ahead of their Super-10 campaign in the ICC World Twenty20. The Tigers were humiliated by minnows Hong Kong in their last match of the first round, leaving a ... Read more
FDI hits record $1.73b in FY13
Foreign direct investment (FDI) in Bangladesh increased by 44.83 per cent to $1.73 billion, the highest in recent years, in the financial year 2012-13, according to the latest Bangladesh Bank data. The BB data showed that the country had received $1.73 billion FDI in the FY13 against $1.19 billion in the FY12. Bangladesh received $779.04 million ... Read more
Govt to consider cash incentive for furniture exports: Tofail
Commerce minister Tofail Ahmed on Sunday said that the government would take an initiative to provide cash incentive for the furniture exporters to encourage the entrepreneurs in the sector. Speaking at the inauguration ceremony of three-day Bangladesh Furniture and Interior Decor Expo-2014 at Bangabandhu International Conference Centre in the city, the minister
NBR set to offer tax cut for RMG exports for 15 months
The National Board of Revenue is set to issue a statutory regulatory order reducing tax at source on export of apparel items to 0.30 per cent from the existing 0.80 per cent for 15 months, officials of the NBR said. They said that readymade garment exporters would get the benefit for maximum 15 months as the ... Read more
World Puppet Day celebrated at BSA
World Puppet Day was celebrated through an array of events comprising a seminar featuring problems and prospects of puppet theatre in the country on Sunday at Bangladesh Shilpakala Academy. Organised by the academy, the day-long programme also featured a colourful procession, discussion session where a seasoned puppeteer was honoured and puppet show. The seminar was ... Read more
Bangladesh prepares for another record
Bangladesh has already joined the names of record-holders in the Guinness Book of World Records for the biggest human flag which was made on February 21 by thousands. This time the country is all set to accomplish another record by singing the national anthem by tens of thousands of people. Preparations for the record-making
Sri Lanka hold off Proteas late
Opener Kusal Perera blazed his way to a sparkling half-century as Sri Lanka defeated South Africa by five runs to begin their ICC World Twenty20 campaign in style at the Zahur Ahmed Chowdhury Stadium on Saturday. Sri Lanka held their nerve as the game went down to the wire, with pace bowler Lasith Malinga operating from ... Read more
Aussies wary of Pakistan spinners
Title contenders Australia will begin their campaign in the ICC World Twenty20, 2014 today with a match against Pakistan in Dhaka being fully aware of the dangers posed by their wounded opponents. Pakistan had an unceremonious start to the tournament losing to arch-rivals India by seven wickets which has made their journey towards the semi-final uncertain,
England done in by rain
New Zealand defeated England by nine runs via the Duckworth/Lewis method after rain interrupted their first ICC World Twenty20 game at the Zahur Ahmed Chowdhury Stadium on Saturday. On this same day 22 years ago, England defeated South Africa by 22 runs in Sydney via the most productive overs method in the ICC World Cup in ... Read more
NBR unlikely to impose penalty in most cases
7 Lakh Errant Tin Holders NBR unlikely to impose penalty in most cases It is very unlikely that the National Board of Revenue will serve notices and impose penalty on most of the individual taxpayers who failed to submit their income tax returns for the current fiscal year, NBR officials said. According to the latest statistics ... Read more
Factory owners lack Tk 1 lakh to prepare biometric database
RMG Workers Factory owners lack Tk 1 lakh to prepare biometric database Most of the garment factories that represent the multi-billion dollar export sector have failed to complete biometric database of workers in 10 months due to ‘cash crisis’. RMG factory owners claimed that they could not arrange the fund required for the process as ... Read more
Fashion industry needs better policy support to flourish
Fashion entrepreneurs assoc launched The country’s fashion industry should get the government policy support as a priority sector to contribute to the economy in an organised manner, said the fashion house owners at the launching of the Fashion Entrepreneurs Association of Bangladesh in Dhaka on Saturday. They said the FEBA would be the core representative
World Children’s Theatre Day celebrated
World Children’s Theatre Day was celebrated through a colourful programme at the National Art Gallery Auditorium of Bangladesh Shilpakala Academy on Thursday. Peoples’ Theatre Association, in alliance with Bangladesh Shilpakala Academy, organised the programme. Numerous child and young theatre
Arrogance sours Tigers’ campaign
Bangladesh limped into the ICC World Twenty20’s Super 10 phase despite falling to Hong Kong, as poetic justice prevailed in Chittagong on March 20. Although beating Afghanistan and Nepal – the two other Associates in Group A, along with Hong Kong – in convincing style had given the hosts some much
Pakistan continue India jinx
Pakistan were unable to break their India jinx in a world event conceding a seven-wicket defeat to their arch-rivals in the opening Super 10 match of the ICC World Twenty20, Bangladesh 2014 in Mirpur on Friday. Set a simple target after Pakistan were restricted to 130-7, India cruised to 131-3 in 18.3 overs to post their ... Read more
Dutch take WT20 by storm
To chase 190 in 20 overs under pressure is always a tough task. And to do it in 14.2 overs in order to seal a Super 10 berth is close to improbable but that’s what the Netherlands did when they completed the mammoth task against Ireland in Sylhet on Friday. By chasing down Ireland’s competitive ... Read more
Process stalled as 1st-phase reports not finalised yet
Govt-Sponsored Rmg Factory Inspection Process stalled as 1st-phase reports not finalised yet The government-sponsored and the International Labour Organisation-supported safety inspection to the readymade garment factories remained stalled for the last two months as the first-phase inspection reports of 200 garment factories are yet to be finalised. It will take over a month more to ... Read more
BB’s dollar purchase spree goes in vain
Containing Taka Appreciation BB’s dollar purchase spree goes in vain The dollar again started to depreciate against the taka from February 26 this year, after a steady run in the previous nine months, despite the fact that Bangladesh Bank in a frantic effort to keep the price of the dollar stable purchased greenbacks worth $3.63 ... Read more
Ginger price shoots up, rice remains pricey
The price of ginger shot up on the retail markets in the city over the week ending Friday due to a supply shortage. Traders said that the country depends mainly on the imported ginger to meet local demand for the spice due to thin domestic production of the item. The price of ginger increased by Tk ... Read more