Wahed Ahmed scored a brace as Mohammedan Sporting Club continued their impressive run in the Bangladesh Premier League, edging past Brothers Union 2-1 at the Bangabandhu National Stadium on Thursday. Earlier in the opening fixture of the day, Sheikh Russell KC held Abahani Limited to a goalless draw, dealing a major blow to their quest for ... Read more
Month: May 2014
Surcharge on rich people to go up
The government is going to raise the surcharge on net assets of rich people and to increase slabs in a bid to ensure progressive taxation in the country, officials of the National Board of Revenue said. They said that finance minister Abul Maal Abdul Muhith might propose a total of four slabs in surcharge with highest ... Read more
Prime Bank asked to refund 2,500 jobseekers by May 30
Embezzlement Of Tk 30cr Prime Bank asked to refund 2,500 jobseekers by May 30 Bangladesh Bank has asked Prime Bank to refund the undertaking money its mobile banking service solution provider SMG Infocom Ltd collected from 2,500 jobseekers by May 30 as the bank was responsible for the fraudulent act, said BB officials. According to a ... Read more
Stocks return to losing track
Dhaka stocks declined again on Thursday as investors anxiously waited for the Appellate Division ruling on a legal battle over market regulator’s order on mandatory 2 per cent shareholding by listed company sponsor-directors. DSEX, the benchmark general index of the Dhaka Stock Exchange, declined 0.60 per cent or 26.56 points, to close at
Banks asked to assign 5-10 officials as ICT mentors in dist branches
Bangladesh Bank on Thursday asked scheduled banks to assign 5 to 10 officials at their district-level branches as mentors to assist entrepreneurs in the information and communications technology sector. To this end, the BB issued a circular to managing directors and chief executive officers of all banks asking them to include the skill of the mentors ... Read more
Tannery relocation to be completed by March ’15: Amu
Industries minister Amir Hossain Amu on Thursday asked tannery owners to relocate their units from Hazaribagh to Savar by March next year and said that the delay of the process might cause harm for the country and entrepreneurs. The minister visited the progress of construction of the Central Effluent Treatment Plant on the day and held ... Read more
Ustad Allauddin Khan: a versatile legend
Legendary musician Ustad Allauddin Khan was remembered through classical music recitals and a discussion session at a commemorative programme on Tuesday at the Music and Dance Centre of Bangladesh Shilpakala Academy. Ustad Allauddin Khan (1862-1972), was born at Shibpur village, under the present Brahmanbaria district. A classical
Female slum dwellers become photographers
The daily struggle of the slum dwellers of the country has been featured at a three-day exhibition at the Institute for Asian Creatives in Gulshan 2 in the capital. The exhibition titled We Tell is an outcome of a project with the same title organised by The Urban Partnerships for Poverty Reduction (UPPR) in association ... Read more
Ash returns with Jazbaa
Bollywood actress and former Miss World Aishwarya Rai Bachchan, walked the red carpet at the Cannes Premiere of ‘Two Days, One Night’ on May 20, making eyes ogle in a golden Robert Cavalli gown. Aishwarya looked at the top of her game as she posed in style for the photos. The actress was oozing oomph ... Read more
Dutch coaches set to return
BFF takes initiative of paying due wages Lodewijk De Kruif, the Dutch coach of Bangladesh national football team, will return to Dhaka at the end of this month after nearly two months’ vacation, said the officials of the Bangladesh Football Federation on Wednesday. De Kruif along with his assistant Rene Koster left Dhaka on April 7. ... Read more
Surge in hard term loans to push up debt obligation
Repayment may swell over $2b in new fiscal Surge in hard term and suppliers’ credits over the last few years will push up the country’s foreign debt repayment bill over $ 2 billion in the coming fiscal year. Economic relations division officials said growing dependence on the non-concessional loans amid falling soft loans from the ... Read more
No salt import this year: Amu
Industries minister Amir Hossain Amu on Wednesday said the government would not give any permission to import salt this year. ‘The government has decided not allow salt import to ensure its better price for farmers,’ he said while speaking at a seminar titled ‘ensuring iodised salt for all’ at a city hotel. BSCIC and Global Alliance for ... Read more
BFTI for accepting China duty-free offer for 7,787 items
A study report by Bangladesh Foreign Trade Institute has suggested opting for Chinese duty-free offer for 7,787 Bangladeshi products in its market at higher value addition criteria than that of under the APTA arrangement. The institute under the ministry of commerce has submitted its report to the ministry on Sunday after being asked to analyse whether
Gap falls victim to web hoax shaming Bangladesh response
Jeans giant Gap Inc fell victim to a web hoax on Tuesday, with a fake corporate web site set up to shame the retailer for its response to Bangladesh worker deaths. The convincing-looking GapDoesMore.com surfaced to coincide with Gap Inc’s shareholder meeting, where the San Francisco clothier celebrated its recent
Titas Gas to install 8,600 pre-paid gas meters in city by March ’15
Titas Gas Transmission and Distribution Company Ltd will install 8,600 pre-paid gas meters in the residential areas of Dhanmondi and Mohammadpur in the capital by March 2015. To this end, Titas Gas signed an agreement with Itron Metering Systems Singapore Pte Ltd in the city on Tuesday, said a news release. Titas Gas company secretary Moshtak Ahmed ... Read more
Stocks break 8-day losing streak riding on cement, steel scrips
Dhaka stocks gained on Wednesday after an eight-day fall as investors went for bargain hunting focusing on engineering and cement sectors. The key index of the Dhaka Stock Exchange, DSEX, finished at 4,410.63 points, adding 1.08 per cent or 47.13 points on the day. The DSEX had lost 213 points
Abdul Alim, Abdul Latif remembered
Legendary folk musicians late Abdul Alim and late Abdul Latif were remembered at a commemorative programme at the Music and Dance Centre of Bangladesh Shilpakala Academy on Monday. The programme comprised of discussion on the lives and achievements of the two singers-musicians and presentation of their songs. Liaquat Ali Lucky, director general of the academy,
Sonam Kapoor goes traditional at Cannes…
Bollywood actress and fashionista Sonam Kapoor went traditional on the second day of her appearance at the Cannes Film Festival, reports Indian Express. Sonam, who wowed all with her vintage look in a black Ellie Saab couture gown for her first appearance on the red carpet, was elegant in pale pink Anamika Khanna sari dress. Sonam draped ... Read more
Govt may allow legalising money in productive sectors
People legalising money may get legal shield The upcoming budget is likely to offer facility for legalising undisclosed money through investing in productive sectors to boost private sector investment. The latest stance of the government, though contrary to the statement made by finance minister AMA Muhith last week against legalising tainted money
NBR to exempt export-oriented units from double audit
The National Board of Revenue is going to provide exemption to the export-oriented industries, mainly readymade garment sector, from double audit done by two separate commissionerates of the revenue board. The NBR has decided to scrap a provision of the Customs Act-1969 in the budget for the next fiscal year in this connection to make export ... Read more