Thursday, November 30, 2023

Nrityanchal artistes entertain hundreds

Graceful, refined movement and postures, synchronisation with music and coordination of the dancers left the audience fascinated at the National Theatre Hall of Bangladesh Shilpakala Academy, on Monday evening. The International Dance Day was vividly celebrated with chorus recitals featuring folk, classical, modern, fusion and other styles of dances. The show was organised by

Goldmark names Mushfiq as Brand Ambassador

National cricket captain Mushfiqur Rahim on Tuesday signed a one-year deal with cookies and biscuit manufacturer Goldmark Foods Ltd as its Brand Ambassador. A grand signing ceremony was held on the occasion at the Westin Hotel where managing director of the company, Mohammed Bashir was present

Board silent on Jurgensen affair

The Bangladesh Cricket Board is silent about the national head coach Shane Jurgensen after he resigned on Monday that took officials by surprise. Jurgensen is expected to return to Dhaka today to complete his resignation formalities and serve a notice period that will end in June with

Parvez gives BJMC incredible win

Supersub Abdullah Parvez gave Team BJMC an incredible injury time 3–2 win over Mohammedan Sporting Club in their Bangladesh Premier League match at the Bangabandhu National Stadium on Tuesday. Parvez came into the field in the 77th minute as a substitute for Shahanur Rahman Rony and changed the match. As his team were trailing 2–1, he ... Read more

Tax to double for new industries in and around Dhaka: NBR

The National Board of Revenue chairman Ghulam Hussain on Tuesday said that they were seriously mulling imposition of tax at double the present rate on new industries to be set up in Dhaka and adjacent areas. The revenue board will also offer attractive tax break for relocating factories from Dhaka and establishing new factories in other ... Read more

BTRC drafts new directive for mobile handset import

The Bangladesh Telecommunication Regulatory Commission has drafted a new directive for import of mobile phone handsets through type-based approval process instead of existing shipment-based process. BTRC officials said the move came to ensure the quality of the mobile phone handsets for new technologies such as 3G and 4G which the government permitted

STOCK REFINANCE SCHEME : Ministry scraps m-bank directors’ guarantee condition

The finance ministry on Tuesday scrapped a condition that directors of merchant banks and brokerage houses would issue personal guarantee for releasing loans to the affected small investors from Tk 900 crore refinance scheme of the government. The Bangladesh Securities and Exchange Commission recently sought permission from the ministry for waiving the

Experts ring alarm over pvt sector’s dependence on foreign loan

Overdependence on foreign loan by private sector creates financial crisis in any country as such type of trend leads to outflow of money in the form of repatriation of principle, interest and dividend, said leading bankers, economists and experts on Tuesday. They made the opinion at a seminar in Dhaka at a time when Bangladesh has ... Read more

Political unrest had little impact on B’desh growth, exports: Moody’s

International credit rating agency Moody’s on Tuesday said that Bangladesh’s headline growth was not meaningfully impacted because of heightened political turbulence over the last year in the run-up to parliamentary elections in January. In the annual investors update report published on the day, Moody’s also said the disruptions caused by industrial accidents

Dhaka stocks fall sharply on BB move against banks

Dhaka stocks declined sharply on Tuesday, third trading session in a row, as investors turned shaky apprehending further fall in the market following a Bangladesh Bank move against the banks which have increased their capital market investment beyond the allowable limit. The key index of the Dhaka Stock Exchange, DSEX, declined to 4,567.04 points,

EU ban floods India with mangoes, prices plunge

A European Union ban on import of Indian mangoes, including the famed Alphonsos, from tomorrow and a resultant glut in supply is pushing down prices in the local market, reports Times of India. Although Indian consumers are happy over the falling price, the country’s farmers and exporters criticised the European ban and appealed to Brussels to ... Read more

International Dance Day today

‘With its singular force to eliminate social and ethnic distinctions, leaving but the movement of bodies in their essence, of human beings returning to their pure expression, unique and shared, dance can unite all’. So writes French choreographer and dancer Mourad Merzouki as International Dance Day 2014 message. Today is the day to celebrate

Jurgensen quits as Tigers’ coach

BCB did not accept resignation, says decision spurred by emotion The Bangladesh Cricket Board on Monday suffered a serious blow as national team’s Australian head coach Shane Jurgensen resigned from his post apparently being upset by certain media speculation about his future. The BCB received an e-mail minutes before it was preparing to hold an emergency ... Read more

BCB forms committee for media rights

The Bangladesh Cricket Board at an emergency meeting on Monday formed a committee to finalise the details of media rights, said the officials. BCB’s chairman of the marketing and commercial committee Kazi Enam Ahmed will head the committee which also included directors Afzalur Rahman Sinha,

Abahani close gap on Jamal

Four-time champions Abahani Limited closed to gap with table-toppers Sheikh Jamal Dhanmondi Club thanks to their 1-0 win over Muktijoddha Sangsad Krira Chakra in the Bangladesh Premier League in Dhaka on Monday. Abahani now moved to 25 points from 12 matches, just three shy of Jamal, who until a draw against Feni Soccer in

Govt to take up $1.6b training, job scheme

The government is planning to invest US$ 1.6 billion to train and employ 1.5 million workers to meet the shortage of skilled labour force in the country’s burgeoning manufacturing sector, officials said. The programme is likely to start from the next fiscal year and will continue for 10 years. Asian Development Bank and Switzerland would provide 85 ... Read more

Launch of commodity exchange to take time

BSEC body suggests developing infrastructure The introduction of a commodity market by the Bangladesh Securities and Exchange Commission will take time as a BSEC committee has suggested that the regulator should develop proper infrastructure before the launch of the market on which commodities are bought and sold for future delivery. The committee in a recent study ... Read more

IOCs get waiver of VAT on service import

The National Board of Revenue has exempted the international oil companies from paying value-added tax on import of services mainly consultancy services for exploration and production of oil and gas, NBR officials said. They said the facility was offered to facilitate the exploration and production activities by the IOCs in the country in line with the

BTRC to issue 2 NIX licences

National Internet Exchange to cut int’l charges for ISPs The Bangladesh Telecommunication Regulatory Commission has recently sought telecom ministry approval for establishing National Internet Exchange to route the local internet traffic within the country. NIX, a consortium of two or more internet service providers, will be a passing point of internet traffic within the country. Two companies, ... Read more

FBCCI seeks on-arrival visa for Bangladeshi businesses in Belarus

The Federation of Bangladesh Chambers of Commerce and Industry on Monday requested the visiting delegation of Belarus for giving on-arrival visas to Bangladeshi businesses in their country. At the second Bangladesh-Belarus Business Council Meeting, the FBCCI said that on-arrival visa facility would help expand bilateral trade and investment.