Indian tennis star Sania Mirza has dismissed reports that her marriage with Pakistan cricketer Shoaib Malik is in trouble. The news of differences and separation of Shoaib and Sania had been making rounds on the media for many months, but the Indian tennis player, who was on a private visit to Sialkot, the hometown of her ... Read more
Month: April 2014
MSC coach credits players for win
Following a victory against archrivals Abahani Limited for the very first time in two years, Mohammedan’s Portuguese coach Rui Capella Batista duly gave credit to his players for the memorable win on Wednesday. The 48-year old Portuguese coach admitted that luck was in their favour and now they were dreaming of clinching the title. ‘All the
SLC hits back at Mahela, Sanga
Sri Lanka’s cricket board and two senior players were locked in a war of words Wednesday, a day after the World Cup-winning Twenty20 team returned home as national heroes. Former skippers Mahela Jayawardene and Kumar Sangakkara sparked the row by criticising cricket officials during a red-carpet reception at the airport, but the board hit back with ... Read more
BPL venues to be decided Saturday
The venues scheduled to host the second phase of the Bangladesh Premier League will be decided in an emergency executive committee meeting of the Bangladesh Football Federation on Saturday. The BFF’s professional league committee deferred the decision to Saturday after failing to come to a decision in its meeting on Wednesday amid a heated exchange
WB projects GDP growth to be 11-year low
Estimates country lost $1.4b in pre-polls political unrest The World Bank on Wednesday projected that Bangladesh’s GDP growth would hit 11-year low to 5.4 per cent in the current fiscal year because of fallout from the political unrest in the first half of the year. The WB said due to the political unrest in the run-up ... Read more
Pvt sector credit growth plunges again in Feb
The country’s credit growth in the private sector plunged again in February compared with that of the previous month as businesspeople are yet to get confidence back to expand their business after the general elections which was held on January 5, said officials of Bangladesh Bank. According to Bangladesh Bank data released on Wednesday, the
Prime Bank faces risk of MFS licence cancellation
BB detects huge amount of money embezzled from 2,500 job seekers Bangladesh Bank has asked Prime Bank to explain in five working days why the central bank would not cancel no-objection certificate it provided the private commercial bank to run mobile financial services for misappropriating a huge amount of money from 2,500 job seekers. The BB ... Read more
BSCIC proposes to tighten plot allotment
BSCIC mulls increase in price of industrial land Bangladesh Small and Cottage Industries Corporation has proposed to tighten the industrial plot allotment process to ensure proper utilisation of industrial lands and to ensure workplace safety, quality of products and protect environmental, officials of BSCIC said. The corporation is set to amend the existing Industrial Plot Allotment ... Read more
Govt should be careful about cash incentives: Mannan
State minister for finance MA Mannan on Wednesday said the government should be careful in providing cash incentives to the industries. ‘Outcome of the cash incentives should be assessed thoroughly before awarding it,’ he said during a pre-budget discussion with the International
Bangladesh to host SAARC Artist Camp
The SAARC Artist Camp has been serving as a platform for artists from all the SAARC nations for showcasing their talent since 2011. The event which takes place every year will be hosted for the first time in Bangladesh from April 9 to 11. Nilachal, one of the scenic tourist attractions of Bangladesh, has been ... Read more
It’s party time in Sri Lanka
Sri Lanka prepared to throw its biggest party since the end of the country’s ethnic conflict after beating India in the final of cricket’s World T20 tournament, officials said Monday. Cricket officials said arrangements were being made for a ticker-tape parade in central Colombo on Tuesday after an outpouring of jubilation in a
Artists display post-academic dilemma
Artistic endeavors are purely a creative process that can flourish more if it is liberated from rules and regulations. till, artists need to go through academic lessons to sharpen their innate virtue of making art. Institutional education is often seen as a means of developing technical skills by many young aspiring artists, whereas other artists ... Read more
Sri Lanka finally taste Cup success as India crumble
Sri Lanka’s stunning victory over India in the World Twenty20 final underlines how success in hit-and-run cricket depends not on form, but on how a team performs over those three hours in the field. Mahendra Singh Dhoni’s Indians went into Sunday’s final in Dhaka as the only unbeaten team in the tournament, having coasted through four ... Read more
Double delight for Salma
Bangladesh women’s cricket team skipper Salma Khatun achieved double success on Tuesday when she touched the summit in the Twenty20 bowling ranking and earned a place in the women’s team of the just-concluded ICC World Twenty20 tournament. Salma moved up two places to number one position
Leg spin placates master blasters at stellar WT20
Now that the dust has settled on Sri Lanka’s maiden World Twenty20 triumph in Bangladesh, leg-spinners across the world can raise a toast to a craft that shone against a barrage of power-hitting over the past three weeks. Modern powerful bats, field restrictions and the brevity of the format instilled fears in many minds that Twenty20 ... Read more
2 more RMG units closed partially
Safety Inspection 2 more RMG units closed partially Experts of a review committee on factory safety asked two more garment units in Dhaka to evacuate two floors within seven days as the condition of the building is critical to bear the load. The factories –– All Weather Fashion and Crystal Apparels –– are housed in Shahabuddin ... Read more
Most banks miss BB deadline to introduce 2-tier verification
Online Transactions Most banks miss BB deadline to introduce 2-tier verification All scheduled banks except HSBC and BRAC Bank failed to introduce two-step authentication for the use of credit and debit cards for online transactions by April 1 deadline set by Bangladesh Bank, said officials of the central bank. On September 2, 2013, the BB issued ... Read more
S&P assigns Banglalink B+ rating with stable outlook
Assesses business risk profile vulnerable The international rating agency Standard & Poor’s on Monday gave mobile operator Banglalink a rating of B+ in long-term corporate credit rating with a stable outlook. The S&P, however, observed Banglalink’s business risk profile was vulnerable because of its local market dependency and Bangladesh’s low
VAT on Wimax, ISP licence fees cut
The National Board of Revenue has slashed the value-added tax on licence fees, spectrum charge and revenue sharing of Wimax operators and internet service providers by more than 66 per cent to facilitate the internet services in the country. The revenue board on April 1 issued a special order
Telcos demand VAT exemption for mobile financial service
The mobile phone companies have demanded withdrawal of 15 per cent value added tax on mobile financial services in the budget for 2014-15. The Association of Mobile Telecom Operators of Bangladesh has recently submitted its budget proposal to the National Board of Revenue for