Indian mangoes, banned by European Union, have started to trickle into Bangladesh market. The Indian state of Odisha has already sent the first consignment of the king of fruits to Bangladesh, reports The Times of India. Bangladesh commerce ministry officials, however, told New Age that they were not aware of any mango import from India. A senior
Month: May 2014
Remittance inflow rises for third month
The inflow of remittance increased to $1,232.41 million ($1.23 billion) in April of the current financial year 2013-14 against $1,194.40 million in the same month of the FY13 as the expatriate Bangladeshis are now feeling encouraged to send more greenback due to an eased political situation than the first half of the current FY. According to
BB allows students going abroad to carry $500
Bangladesh Bank on Monday decided to increase the limit of foreign currency a student can carry while going abroad for studying to $500 from $200. The BB raised the amount by $300 for every foreign trip by students studying overseas institutions. To this end, the BB issued a circular to authorised dealer
Songs of less known bards presented
Songs of legendary folk bards like Fakir Lalon Shah, Hason Raja, Radha Raman and Shah Abdul Karim are quite popular to the urban audience as these songs are presented every now and then by different artistes on radio, television or live stage shows. But there many other commendable bards, born in this region, who created ... Read more
Spinners rule the roost in BCL
Spinners ruled the proceedings on the second day of the Bangladesh Cricket League third round on Sunday as Enamul Haque Junior’s five-wicket haul helped Islami Bank East Zone in making a comeback against Prime Bank South Zone. Enamul grabbed 5-126 as East Zone dismissed South Zone for 376 runs before ending the day at 138-1. East Zone, ... Read more
BCB to decide Jurgensen’s fate today
The curtain on the Shane Jurgensen drama is expected to fall today with the Bangladesh Cricket Board set to decide the fate of national cricket team’s Australian head coach in its board of directors meeting in the afternoon. The officials said BCB president Nazmul Hasan and a few other directors, closely involved in policy making decision, ... Read more
Wahed seals derby for MSC
Local marksman Wahed Ahmed sealed an important 1-0 win for Mohammedan Sporting Club against arch-rivals Abahani Limited in their second meeting of the Bangladesh Premier League at the Bangabandhu National Stadium on Sunday. The win ended a two-year long wait for Mohammedan for a league win against Abahani having recorded their last win
Wahed pleads for more opportunity
After becoming the hero by scoring the decisive goal against Abahani Limited on Sunday, Mohammedan striker Wahed Ahmed made a plea to the team management to provide him more opportunity to play in the first eleven. This was Wahed’s third goal in a row in the same number of games which helped his get into the ... Read more
FY15 BUDGET RECOMMENDATIONS: CPD opposes corporate tax cut, money legalisation facility plans
The Centre for Policy Dialogue on Sunday opposed the government’s plans for reducing corporate tax and keeping the provision of legalising undisclosed money in the budget for the fiscal year of 2014-2015. In its recommendations for the upcoming budget, the private think-tank also apprehended that the economic growth might fall below 6 per cent in the
Ruposhi Bangla renovation now starts on Sept 1
Employees, workers demand on-operation overhaul The Ruposhi Bangla Hotel, operating under state-run Bangladesh Services Limited, has set September 1 as fresh timeframe for suspending its operation for a 16-month renovation project. The employees and workers of the hotel, however, have demanded that renovation to be carried out keeping the five-star hotel open. Earlier, BSL planned renovation to
Foreign investment in Dhaka stocks hits fresh record
Net overseas investment in the Dhaka Stock Exchange hit a fresh all time high of Tk 572.08 crore in April as a number of corporate declarations of multinational companies in the month and decline in prices of other scrip since January attracted them to the market. The foreign investors during the period bought
GARMENT INDUSTRIAL PARK: Outline to be finalised at PMO meeting May 7
The outline for setting up the garment industrial park at Gazaria in Minshiganj will be finalised at a meeting to be held at the Prime Minister’s Office on May 7, industries minister Amir Hossain Amu said on Sunday. ‘I hope the country’s garment sector will enter a new era within a short time as in today’s ... Read more
BB, ACC sign MoU to fight money laundering
Financial Intelligence Unit of Bangladesh Bank and Anti-Corruption Commission on Sunday signed a memorandum of understanding to fight against money laundering. The BB and the ACC officials signed the MoU at the central bank headquarters in the capital in presence of BB governor Atiur Rahman and ACC chairman
Dhaka stocks sink for 5th day
Dhaka stocks declined sharply on Sunday, fifth trading session in a row, with declining turnover in apprehension of further decline in share prices amid unstable law-and-order situation and Bangladesh Bank’s moves, market operators said. The key index of the Dhaka Stock Exchange, DSEX, declined to 4,504.77 points, shedding 1.35 points or 62.08 points. The
BB frames draft outsourcing guideline for banks to cut risks
Bangladesh Bank has framed a draft guideline on outsourcing policy for scheduled banks in a bid to mitigate their (banks) risks. According to the central bank’s draft guidelines, banking institutions throughout the world are increasingly using third parties (outsourcing) as a means of both reducing costs and achieving strategic aims. When these
ICB starts disbursing loans from stock scheme
The Investment Corporation of Bangladesh on Sunday started disbursing fund from the Tk 900-crore government refinancing scheme for the share investors affected by the market crash, giving Tk 1.11 crore to a brokerage house. The state-run organisation will soon release more funds from Tk 300 crore, the first tranche of the scheme it had taken from
Etihad Airways launches new luxurious service
Etihad Airways, the national airline of the United Arab Emirates, has recently unveiled the new product and service offering on its Airbus A380 and Boeing B787 Dreamliner aircraft, including The Residence, the world’s most luxurious living space in the air, said a news release. The Residence will be the breath-taking and completely
NOTES AND TUNES IN BAISHAKH : An evening of classical music
Soothing, comforting and enthralling was Friday evening for a packed audience at Music and Dance Centre of Bangladesh Shilpakala Academy; as noted local and Indian maestros of classical music created an ambiance of jubilation with their musical brilliance. Music Alliance World Wide, in association with BSA, arranged the programme titled ‘Notes and Tunes in Baishakh’
BCB to dig deep into Shane saga
The Bangladesh Cricket Board will make a decision on national team’s head coach Shane Jurgensen only after knowing why he had resigned, president Nazmul Hasan said on Saturday. ‘Till now we have not thought of removing him,’ Nazmul told reporters at the Apollo Hospital, where he went to visit Mushfiqur Rahim. ‘We must think that
Farhad cracks ton as BCL resumes
Middle-order batsman Farhad Hossain cracked a century to help BCB North Zone complete the day one comfortably at 287-4 against Walton Central Zone in the Bangladesh Cricket League which resumed after a break at BKSP on Saturday. In the other match, Abdur Razzak and Sohag Gazi shared seven wickets between them as Prime Bank South Zone