Industrial productions and business activities across the country were severely hit by a countrywide blackout on Saturday. A large number of the manufacturing units like readymade garment factories and textile and steel mills were shut down while many of them faced disruption in production across the country due to the outage. The banking service through ... Read more
Month: November 2014
Lack of monitoring, moral decay, credit concentration key challenges
ABB seminar on banking identifies Financial market experts at a seminar on Saturday said that lack of monitoring, moral decay, credit concentration and risk management were the key challenges for the future banking in Bangladesh. In the seminar on banking titled ‘future vision’, they said fraudulent activities of same nature were taking place in the ... Read more
ATM, pos services go haywire
The banking service through automated teller machines and card-based transactions collapsed on Saturday because of the country-wide power outages. As Saturday was weekly holiday for banks the normal banking service, however, was not affected, said bankers. In many businesses, where POS (point of sale) machines are
BSEC to probe again abnormal Shahjibazar surge
The Bangladesh Securities and Exchange Commission will rerun investigation against the unusual price hike of Shahjibazar Power Company, BSEC chairman M Khairul Hossain said on Saturday. ‘We had suspended the trading of Shahjibazar shares as the company provided fabricated information. As we opened it after having correction is no reason for abnormal price hike now,’
NBR withdraws transfer orders of 27 commissioners after Muhith opposition
The National Board of Revenue on Thursday rescinded two orders it issued transferring 27 income tax commissioners following stern opposition from finance minister Abul Maal Abdul Muhith to such major reshuffle without taking his opinion, NBR officials said. They said that Muhith raised questions over such a major
No footwork, no problem for Anamul
Bangladesh’s in and out Test cricketer Anamul Haque is confident that he can manage to overcome the hurdle in the longer-version cricket even without a sound technique. ‘There are a lot of batsmen, who have scored 10 to eight thousand runs without having any footwork,’ Anamul told reporters at Khulna on Saturday. ‘So I am
Zimbabwe’s Ervine uncertain for second Test
Zimbabwe received an injury scare ahead of the second Test match against Bangladesh when batsman Craig Ervine sustained an injury on his right hand during a net session at Khulna on Saturday. Ervine was taken to the hospital in the evening to complete his MRI and a decision regarding him will only be taken after ... Read more
BFF to launch football academy on Nov 13
The Bangladesh Football Federation will start the much-talked-about Sylhet Academy on November 13, two-and-half year after it was inaugurated by the FIFA president Sepp Blatter. Blatter inaugurated the academy at the Sylhet BKSP on March 6, 2012, but the BFF failed to make it functioning as the National Sports Council delayed the
SRK breaks his own worldwide BO record
Happy New Year is breaking all sorts of records, latest being racing ahead of another SRK starrer Jab Tak Hai Jaan in box office collections, reports India Today. Happy New Year has beaten the worldwide BO earning of his 2012 release Jab Tak Hai Jaan. The gross standing of HNY stands at Rs 197 crore ... Read more
Tamim cries wolf again!
The drama over the injury of opener Tamim Iqbal is dominating the headlines once again as Bangladesh prepare for the crucial second Test against Zimbabwe, beginning at Khulna on Monday. Selectors were in two minds over picking a replacement for Tamim, who hurt his right thumb during a training session Wednesday and became uncertain for ... Read more
Bangladesh and Zimbabwe eye fresh start
Both Bangladesh and Zimbabwe are looking forward to make a new start from their own perspective when they lock horns in the second Test in Khulna from Monday. Bangladesh will be eyeing to warp-up the series with a win over the visitors while Zimbabwe are eager to make a strong come back after going down ... Read more
Taskin ruled out for three weeks
Talented young pace bowler Taskin Ahmed received an injury scare ahead of the five-match one-day international series against Zimbabwe after he sustained a strain on his rib cage during a game at the Acharya Memorial Challenger Trophy in Kolktata. Taskin was asked to take rest for three weeks to
Export-import procedures to go online
Revenue board, central bank take the move to check money laundering, fraudulent acts The National Board of Revenue and Bangladesh Bank have taken an initiative to conduct all types of import and export related procedures through online system instead of exiting manual system in a bid to check money laundering and fraudulent acts. The importers ... Read more
Winter vegetables start hitting market, but prices high
Winter vegetables have started to arrive in the city’s kitchen markets but the items remained dearer to the low- and middle-income group of people due to higher prices. The price of green chilli also increased over the week in the capital’s kitchen markets. Traders said the supply of winter vegetables including
Farm loan release falls by 4pc in Q1
Farm loan disbursement decreased by 3.88-per cent in the first quarter of the current financial year 2014-15 compared with that in the same period of the FY14 while 18 scheduled banks disbursed agriculture loan below 10 per cent of their target. According to the Bangladesh Bank data released on Thursday, farm loan disbursement by all ... Read more