Sunday, February 25, 2024

Tigers wary of unknown Kuwait

In Bangladesh cricket team’s press conferences, ‘Ifs and Buts’ are commonly used by the person designated to face the media prior or after a match, or a series in order to defend their regular failures. It had been the case for a long time and local and international journalists are very familiar with the jargon more ... Read more

Soumya seals ‘A’ team win

A brilliant all-round performance of Soumya Sarkar propelled Bangladesh A team to a six-wicket win in the second one-day match over their Zimbabwean counterparts helping the side to level the three-match series 1-1 at Fatullah on Tuesday. All-rounder Soumya claimed 2-23 and struck 86 off 83 balls as Bangladesh knocked off a revised target of 158 ... Read more

BCB surprised as banned Nadir conducts match

Bangladesh Cricket Board sprung a surprise on Tuesday claiming that the 10-year ban of international umpire Nadir Shah remained in force despite him already conducting a match in a domestic Twenty20 match. BCB President Nazmul Hasan expressed his wonder after watching that the umpires committee allowed Nadir to conduct the semi-final of the Dhaka First Division Cricket ... Read more

DPL deferred for the third time

The Bangladesh Cricket Board on Tuesday has decided to defer the forthcoming Dhaka Premier League until November 2 in order to accommodate Bangladesh A team in a tournament as a part of Kolkata Eden Gardens’ 150th anniversary celebration. The tournament, organised by the Cricket Association of Bengal will be held from October 23 to 30. The BCB ... Read more

BB foils bid to embezzle Tk 2cr by ex-chair

Mercantile Bank Csr BB foils bid to embezzle Tk 2cr by ex-chair Bangladesh Bank has foiled a bid of former Mercantile Bank chairman M Amanullah, now a director of the bank, to ‘embezzle’ around Tk 2 crore from the bank’s corporate social responsibility fund by giving ‘false declaration’ of building a charitable hospital, said BB ... Read more

NTBs, informal trade blamed for low intra-Safta trade

Bangladesh faces huge trade deficit Informal trade, non-tariff barriers and poor infrastructure are the major reasons behind the low level of intra-Safta trade, revealed in a study by the commerce ministry, pointing to Bangladesh’s huge trade deficit with other members of the trade block. ‘Reasons for the low-level of intra-Safta trade include political disputes (mainly between ... Read more

Telcos demand 5 years to implement MNP service

The country’s mobile phone operators have demanded five years of time for implementing mobile number portability service, which will allow users to change operator without changing the number, despite telecom regulator’s order to introduce the service by January 2014. Bangladesh Telecommunication Regulatory Commission officials

Traders asked to set rawhide price by Friday

Commerce minister Tofail Ahmed on Tuesday asked traders to set a minimum and reasonable price of rawhide to be collected from sacrificial animals during forthcoming Eid-ul-Azha by October 3 so that people could get a fair price of the product. In a meeting with the traders at commerce ministry conference room the minister said that the ... Read more

IDRA fines Progressive Life, top brasses Tk 8 lakh for skipping hearing

The Insurance Development and Regulatory Authority has slapped a penalty of Tk 8 lakh on the Progressive Life Insurance Company and three of its top officials for not appearing before a IDRA hearing violating insurance rules. The regulatory authority made the decision in a meeting presided over by its chairman M Shefaque Ahmed on Sunday, said ... Read more

Dhaka stocks return to black backed by financial scrips

Dhaka stocks rebounded on Tuesday amid investors’ increased purchasing of bank and non-bank finance entities’ shares. The key index of Dhaka Stock Exchange, DSEX, rose by 0.47 per cent, or 23.96 points, to close at 5,074.30 points on the day. DSEX declined on Monday after the straight nine-trading session rise. Turnover of the bourse declined to Tk 879.76 ... Read more

BSEC allows trading for another 6 months

150pc Decline In Portfolio Value BSEC allows trading for another 6 months The Bangladesh Securities and Exchange Commission for the second time has extended the suspension period over the rule 3(5) of the Margin Rules-1999 by another six months in a bid to allow investors with margin loans to trade shares despite 150-per cent decline ... Read more

HSBC appoints new CEO in Bangladesh

The Hongkong and Shanghai Banking Corporation Limited has announced the appointment of Francois de Maricourt as the new chief executive officer of its Bangladesh operations, with effect from October 1, 2014 (subject to regulatory approval), said a news release. Francois joined the HSBC Group in 1994 and has since

Sabur elected WITSA’s Global Trade Committee chairman

Bangladesh Computer Samity nominee and former BCS president Md Sabur Khan has recently been elected as chairman of Global Trade Committee of World IT & Services Alliances based in the USA and representations of whole IT organisations, said a news release. Sabur won the position securing the highest number