The Asian Development Bank will lend $350 million to Bangladesh to help public and private institutions scale up skills-training for 1.25 million young workers to equip them to find jobs and meet the changing needs of today’s labour market. The total cost of the government’s Skills for Employment Investment Program is estimated at $1.07 billion. ADB loans ... Read more
Month: May 2014
Ferdous Ara entertains audience at IGCC
Renowned Nazrul singer Ferdous Ara enthralled the audience through renditions of ageless Nazrul songs at a solo programme on Saturday evening at the Indira Gandhi Cultural Centre at Gulshan 1 in the capital. The centre organised the programme to celebrate Kazi Nazrul Islam’s 115th birth anniversary, which will fall on May 24. Ferdous Ara, was ... Read more
WC theme song rocks football fans
Jennifer Lopez and Pitbull as well as singer Claudia Leitte are bringing worlds together just in time for the forthcoming FIFA World Cup 2014 in Brazil, reports website. With the release of their new video ‘We Are One,’ on Saturday, both brought the Latin flavour they’re best known for, Plus, J Lo brought the sexy ... Read more
Big guns fire blank
BU, Muktis draw 1-1 The top of the table clash in the Bangladesh Premier League between Sheikh Jamal Dhanmondi Club and Abahani Limited ended in a stalemate at the Bangabandhu National Stadium on Sunday. Thanks to the draw, Jamal remained firmly at the top raising their tally to 38 points from 16 matches, six ahead of ... Read more
NBR plans to reduce tax rebate on investment
Individual Taxpayer NBR plans to reduce tax rebate on investment The National Board of Revenue is likely to reduce the rate of tax rebate on investment by individual taxpayers in different sectors including in stock markets in the coming budget for fiscal year 2014-15, officials of the revenue board said. They said that the rate of ... Read more
Loan disbursement for industry expansion in red
Drops by 3.64pc in 9 months The industrial term loan disbursement registered a negative growth of 3.64 per cent in the first nine months of the current financial year 2013-14 compared with that of 27.75 per cent growth in the corresponding period of the FY13 due to the political unrest. Bangladesh Bank officials told New ... Read more
Leather sector should capitalise China business shifting: seminar
Can fetch $16b a year in a decade Bangladesh should capitalise business shifting of Chinese leather industry which could increase manifold the export earning from the sector, said speakers at a seminar in Dhaka on Sunday. If Bangladesh can attract merely 10 per cent of business shifting from China, its yearly export earning from the leather ... Read more
Fin min okays organogram of BSEC with 456 addl posts
The bank and financial institution division of finance ministry has approved the proposed organogram of the Bangladesh Securities and Exchange Commission to create 456 additional posts from the existing 164, said a BSEC official on Sunday. The BSEC official also said, ‘The finance ministry has recently sent the proposed organogram to the public administration
Stocks drop for 6th day as panic spreads
Dhaka stocks declined for the six trading session on Sunday with the key index of Dhaka Stock Exchange, DSEX, hitting four-and-half-month low as most of the investors refrained from trading fearing further fall. The DSEX on Sunday, the first trading session of the week, fell by 0.32 per cent, or 14.44 points, to close at 4,402.50 ... Read more
Specialised banking service to boost tourism industry
Specialised banking service for tourism industry will help Bangladesh to explore the potentialities of the sector, speakers at a meeting on tourism and banking on Sunday. Bangladesh has enormous potentials in the tourism industry as the country is bestowed with natural beauty and rich in cultural heritage, they observed.
Early George Harrison guitar fetches $657,000 at auction
An electric guitar played by George Harrison on British television before the Beatles’ US ‘invasion’ fetched $657,000 at auction on Saturday in New York, topping pre-sale estimates, Julien’s Auctions said, reports Reuters. Harrison, who died in 2001 at age 58, played the black-and-white 1962 Rickenbacker 425 electric guitar on 1963 appearances on the
Tagore, the artist, in imagination of artists
The works of Rabindranath Tagore have an indisputable place in Bangla iterature. There is perhaps no end of delving in his works for artists, authors and fans alike. But what is even more enticing for many is taking a deeper look into the riveting life that the poet lived. Tagore fans are given an opportunity ... Read more
Alliance Française celebrates new Bangla year
Franco Bangladesh Association of Scholars and Trainees organised a programme that featured a discussion session and a cultural show at La Galerie, Alliance Française de Dhaka on Friday evening to celebrate the new Bangla Year 1421. Babou Kamichetty, deputy head of mission, French Embassy in Bangladesh; Dr. Akramullah Sikder and Zilhurain Jaigirdarm, president and secretary ... Read more
Charukala Barisal celebrates founding anniv
A day-long festival was held at Barisal Ashwini Kumar Hall on Friday with an array of events including procession, painting competition for children and painting exhibition. The programme concluded with a call to spread practices of fine arts in the country. Charukala Barisal, the only fine arts teaching school of the city, organised the programme ... Read more
Stewart makes directorial debut
Twilight star Kristen Stewart is all set to make her directorial debut with the music video of Take Me to the South, reports India Today. Helming the video of Take Me to the South, which is a song of her friend Sage Galesi’s country-rock band Sage plus the Saints, has helped Stewart, 24, realise her ... Read more
Computer lab in BCB
A fully equipped computer lab was set up at the National Cricket Academy building at Mirpur by the American International University-Bangladesh on Saturday as part of its ongoing partnership with the Bangladesh Cricket Board. As the BCB’s official education partner AIUB arranges English language classes, leadership courses, cultural awareness and
BCB launches University T20 tournament
A Twenty20 cricket tournament, featuring 10 public and two private universities, will be held from May 19 to 23, the Bangladesh Cricket Board announced on Saturday. The BCB will organise the tournament at BKSP with local electronics giant Walton being the title sponsor. The participating universities are
Hard fought win for MSC
Mohammedan Sporting Club earned a hard fought 1-0 win against Chittagong Abahani in their Bangladesh Premier League match at the Bangabandhu National Stadium on Saturday. After their humiliating 3-0 defeat to Sheikh Jamal in the previous game, the black-and-white outfit returned to winning ways against a side who are now at the
3 gas cos unwilling to offload shares
Fin min firm on divestment plan Three public sector gas companies have declined to offload their shares in the capital market, in defiance of a directive of the highest authority of the government, finance ministry officials said. The state-owned companies — Bangladesh Gas Fields Company Ltd, Gas Transmission Company Ltd and Sylhet Gas Fields Ltd — ... Read more
600 illegal RMG factories asked to get approved soon
Govt mulls legal actions if order ignored The Department of Inspection for Factories and Establishments has asked over 600 unauthorised RMG factories across the country to get approval as soon as possible. It also warned that legal actions would be taken if the order was ignored, said officials concerned. The DIFE also asked its 23 offices ... Read more