Bangladesh will be looking forward to end their 12-match losing streak when they play the first match of the five-match one-day international series against Zimbabwe in Chittagong today. The day-night affair, which will start at 1:30 pm, is considered to be the best platform for the hosts to raise their morale before the World Cup ... Read more
Month: November 2014
Foreign loan commitments dip by 50pc in July-Oct
Commitments made by the international lenders and development partners to give loans and grants to Bangladesh declined by more than 50 per cent in the first four months of the current fiscal year of 2014-2015, officials of the Economic Relations Division said. Disbursement of foreign loans and grants, however,
AFL-CIO wants GP’s labour union issue in GSP action plan
The American Federation of Labour and Congress of Industrial Organisations has suggested that the US government should include telecommunication sector in its action plan for Bangladesh for reviving GSP facilities. The AFL-CIO made the suggestion alleging that the employees at Grameenphone, the leading mobile company in Bangladesh, have been struggling for the
Auditor doubts Meghna Condensed Milk, Meghna Pet future
Auditor of two companies listed with the Dhaka Stock Exchange — Meghna Condensed Milk and Meghna Pet Industries — has expressed doubt about the future of the companies as their current liabilities exceeded current assets. Ahmed Zaker & Company, the auditor of Meghna Condensed Milk, in its opinion on the Meghna Condensed Milk’s audited financial statements ... Read more
Sufia Kamal’s death anniv today
Today is the 15th death anniversary of Sufia Kamal, a renowned poet and a pioneer of women’s rights movement in Bangladesh. She received Independence Day Award, Ekushey Padak, Bangla Academy Award, Deshbandhu CR Das Gold Medal, and many other national and international accolades. Born in the Shayestabad’s Nawab family in Barisal, Sufia Kamal (June 20, 1911 –November ... Read more
The award will boost me, young makers: Kamar
Noted filmmaker Kamar Ahmad Simon said that his one after another international recognitions for his film ‘Shunte Ki Pao!’ (Are You Listening!) boost him to overcome the hurdles he faces as an independent filmmaker in Bangladesh. The film, an artistic presentation of winning the nature by common people, has recently bagged Best Documentary Film Audience Award ... Read more
Tigers to play ODI tournament in Dubai before WC
Bangladesh has agreed to play in an one-day international tournament in Dubai in January as part of its preparation for the forthcoming ICC World Cup 2015, officials said on Wednesday. The High Performance Unit of International Cricket Council will organise the tournament from January 10-24 to give its associate members an opportunity to
Bangladesh heartbroken again
Saff Woman;s C’Ship Bangladesh heartbroken again Bangladesh were left heartbroken again when they lost 1-0 to Nepal in the semi-final of the 3rd SAFF Women’s Championship at the Jinnah Stadium in Islamabad on Wednesday. A 55-minute penalty from Sajana Rana shattered Bangladesh’s dream of reaching the final for the first time. This was the second time ... Read more
BFIDC depots glut with rubber
Imported raw rubber from India, Malaysia floods market More than 5,000 tonnes of rubber remained unsold at depots of the state-owned producers as the local market has been flooded with raw rubber imported from neighbouring countries taking advantage of low duty. Bangladesh Forest Industries Development Corporation is facing a tough time to clear the stock, the ... Read more
Govt needs to give priority to infrastructure: businesses
7th Five-Year Plan Govt needs to give priority to infrastructure: businesses Business leaders on Wednesday demanded that the government should give top priority to improving infrastructure, creating IT-skilled manpower, reducing bank interest rate and diversifying export products and markets in the coming 7th Five-Year Plan. At a view-exchange meeting with the Planning Commission
Body formed to scrutinise bourses’ proposal
Power Over IPO Process Body formed to scrutinise bourses’ proposal The Bangladesh Securities and Exchange Commission has formed a three-member committee to review the proposed listing regulations of the Dhaka and Chittagong stock exchanges that sought some power over initial public offering process. BSEC executive director Saifur Rahman told New Age that the commission had formed ... Read more
Shahjibazar share prices fall, at last
The share prices of Shahjibazar Power Company Limited fell at last on Wednesday following a regulatory step after a relentless surge except some nominal fall since its debut. The Bangladesh Securities and Exchange Commission on Tuesday sent the shares of SPCL to spot market making them non-marginable in line with the regulator’s
Banks reluctant to disbursing loan to farmers
4 Import-Replacing Crops Banks reluctant to disbursing loan to farmers Banks disbursed only 4 per cent loan of their annual target to farmers involved in cultivating four types of import-replacing crops — pulses, oil seeds, spices and maize — in over first four months of the financial year 2014-2015 as they were reluctant to distribute ... Read more
Kanak Chanpa’s tribute to the Chakmas
The Chakma community, like other communities of the hill tracts of the country, has been mired in political unrest and conflicts for long. In spite of the community’s engagement in weathering hard times, Kanak Chanpa Chakma, an insider of the largest ethnic community and a prominent artist, chooses not to directly address the political struggles ... Read more
Madhuri Dixt will get into film production
Madhuri Dixit Nene is all set to join the league of Ranbir Kapoor, Anushka Sharma and Priyanka Chopra. Like the younger stars, the senior actor, too, now plans to get into film production, reports Hindustan Times. Madhuri, who recently revamped her online dance academy, says, ‘I am already involved in some digital production for the ... Read more
Hathurusinghe wary of ODI backlash
Bangladesh coach Chandika Hathurusinghe is looking forward to facing a stiffer challenge from the Zimbabwean side in the five-match one-day internationals, giving his side an ideal platform for preparation ahead of the next ICC World Cup. Bangladesh complete their international commitments before the World Cup with the ODI series against Zimbabwe. Tigers are
Zimbabwe counting on fresh blood
The new blood in the Zimbabwe one-day squad will help the visitors regain their composure through their fresh approach in the upcoming five-match ODI series, said coach Stephen Mangango on Tuesday. Zimbabwe, who were swept away by the Tigers in the three-match Test series, will be bolstered by the inclusion of new faces in Soloman Mire, ... Read more
Ugyen Academy stun Abahani
A last-gasp Tshering Wangdi strike condemned Abahani Limited to a 1-0 defeat against Bhutan’s Ugyen Academy in the King’s Cup on Tuesday, leaving the four-time Bangladesh Premier League champions face a battle for a semi-final slot. Wangdi struck four minutes from time at the Changlimithang Stadium in Thumphu to surprise Abahani, who reportedly became the first ... Read more
Sports commentator Manzur Hasan dies
Renowned sports commentator, footballer and recipient of national sports award Manzur Hasan Mintu died in an Indian hospital on Tuesday. Mintu, 78, was visiting India along with his wife to offer prayer in Ajmeer. The couple reached Jaipur where Mintu collapsed in hotel bathroom and started vomiting, said family. He was taken to a nearby hospital where doctors
No end to abnormal share price rise of newly-listed cos
Debutant Khan Brothers’ price rises by 680pc The share price of debutant Khan Brothers PP Woven Bag Industries skyrocketed by 680 per cent on Tuesday intensifying the suspicion of ‘heavy manipulation’ of share prices of newly-listed companies in last few months amid lack of effective regulatory intervention, said investors and experts. Shares of Khan Brothers with ... Read more