Bangladesh will go into their friendly against Japan Under-21 team this week with a defensive mindset, coach Saiful Bari Titu said on Friday. Japan is sending a strong team to face Bangladesh in December 18 friendly, which is also the home side’s last chance to test their skills before the Bangabandhu Gold Cup starts in January. Though ... Read more
Month: December 2014
$1.26b deficit registered in July-Oct
The country’s current account balance registered a deficit amount of $1.26 billion in the first four months of the current financial year 2014-15 against a surplus amount of $793 million during the same period of the FY 2013-14 due to a negative growth in trade balance, services and primary income. The current account balance registered ... Read more
DSE likely to review howla charge as trading cost rises
Jump In Number Of Trades DSE likely to review howla charge as trading cost rises The Dhaka Stock Exchange is likely to review its charges on share trading following a jump in the number of trades for share transaction after the introduction of the lot-free trading system on Thursday, DSE officials said. They said the increase ... Read more
Prices of fine varieties of rice remain high, coarse varieties fall
The prices of fine varieties of rice remained high in the city’s kitchen markets over the week ending Friday. Coarse varieties of rice, however, saw slight fall in their prices because of new harvest, traders said. The prices of coarse varieties of rice decreased by Tk 4 a kilogram and were retailing at Tk 30-Tk 31 a ... Read more
3-day CSE fair begins in Dhaka
A three-day computer science and engineering fair, organised by World University of Bangladesh, began in Dhaka on Thursday. Students of 10 universities and 15 colleges are taking part in the event on the World University’s Dhanmondi campus. The fair will host seminar on IT-related issues, gaming contest and IT Olympiad to display the young talents. World University vice-chancellor
Translating theory into art
Asian Art Biennale Translating theory into art Omani artist Hamed Al-Jabri has won the honorable mention award at the 16th Asian Art Biennale for his installation based on the Impasse Theory, a philosophical discourse of intra-psychic collision of a person. The impressionist Jabri in his installation, Impasse, creates a contrast of two opposing personality traits ... Read more
Ton-up Liton props up Abahani
Opener Liton Kumar hit a sparkling hundred as Abahani Limited romped to a seven-wicket win over Kalagagan Cricket Academy in their Dhaka Premier League 10th round match at Fatullah on Thursday. Liton, recently included in the 30-man preliminary squad for World Cup, cracked 108 off just 77 balls as Abahani eased into 186-3 after dismissing KCA ... Read more
More int’l football in the offing for Bangladesh
The Asian Football Confederation has finalised its revised international structure this week, creating a window of opportunity for Bangladesh to get more exposures, said an official of the Bangladesh Football Federation on Thursday. BFF general secretary Abu Nayeem Shohag told reporters that the AFC has relayed the message to them on Thursday. ‘It is really a great ... Read more
Russell to play Tajik Vahdat in AFC play-off
The 2013 Bangladesh Premier League champions, Sheikh Russell Krira Chakra, have been drawn against Tajikistan’s Khayr Vahdat FK in the 2015 AFC Cup play-off, scheduled to be played in Tajikistan on February 10. If Russell win the match, they will take on Lebanese FA Cup champions Salam Zgharta on February 17 in Lebanon. Russell were given an ... Read more
Noakhali clinch Commissioner Cup football
Noakhali district became champions in the Chittagong Divisional Commissioner Cup Gold Cup Football Tournament that ended at Shaheed Bhulu Stadium in Noakhali on Thursday. Noakhali beat Rangamati 5-3 in penalty shootout in the final stipulated 90 minutes ended goalless. Additional Divisional Commissioner of Chittagong,
Trade deficit skyrockets by 92pc in July-Oct
The country’s trade deficit increased by 92.44 per cent to $3.71 billion in the first four months of the current financial year 2014-15 compared with that of $1.93 billion during the corresponding period of the FY14 amid a negative export growth. Bangladesh Bank officials said falling exports of readymade garments, the main product, dented the overall ... Read more
New DSE trading system makes investors uneasy
Turnover hits 14-month low Dhaka stocks declined on Thursday with the daily average turnover of the bourse hitting 14-month low as investors were uncomfortable with the newly launched trading system. Turnover of the bourse declined to Tk 136.89 crore on the day compared with that of Tk 421.59 crore in the previous trading session. Thursday’s
Robi defies BTRC order to stop ‘illegal’ quiz campaign
The telecom regulator has asked mobile phone operator Robi to stop its promotional campaign Dekhiye Dao Quiz Show, one day before ending the campaign, as the offer violated relevant laws. ‘We asked Robi to stop the quiz show offer yesterday [Wednesday] as it violated the BTRC law. Mobile phone companies are not allowed to offer high-value ... Read more
Planning ministry to increase supervision on PDs
Planning ministry has decided to increase supervision on project directors of annual development programme in a bid to expedite the implementation of development projects, officials said. Planning minister AHM Mustafa Kamal will hold project supervision meetings with project directors every two months to review the ADP implementation status and provide possible
FBCCI urges retailers to maintain new soya bean oil price
The Federation of Bangladesh Chambers of Commerce and Industry on Thursday urged the retailers to sell bottled soya bean oil as per the maximum retail price that has been set recently. The FBCCI said that recently the refiners have reduced the price of bottled soya bean oil under a joint move of the commerce ministry and ... Read more
IFAD to give $40m in loan for farmers, micro-entrepreneurs
Bangladesh will get $40 million in loan from International Fund for Agricultural Development, a specialised financial institution of the United Nations, to provide 4.52 lakh rural people across the country with financial services and technical trainings. The fund will be spent under a $92.82 million project — Promoting Agricultural Commercialisation and Enterprises — for establishing
BCB’s Badal ban raises eyebrows
The Bangladesh Cricket Board in an unprecedented midnight disciplinary action on Tuesday banned Legends of Rupganj chairman Lutfar Rahman and two other officials, raising quite a few eyebrows. Lutfar was handed a life ban from participating all cricket activities for his inflammatory comments against the BCB high-ups while club joint secretary Tarikul Islam was banned
BFF extends transfer deadline
The Bangladesh Football Federation has extended the inter-club local players’ transfer window for nearly a month following a request from the Premier League clubs. The transfer window was supposed to be closed on December 11 but BFF’s Professional Football League Committee on Wednesday said it will not close on January 7.
Amend new VAT law to reduce rate, economists advise govt
Economists on Wednesday suggested that the government should cut the value-added tax rate from the 15 per cent flat rate proposed in the new law to reduce the tax burden on consumers. At a roundtable discussion on the concerns and implementation challenges of new VAT and Supplementary Duty Act-2012, they said that a reduced VAT rate ... Read more
Pvt sector credit growth remains sluggish in Oct
The country’s private sector credit growth in October lagged behind the monetary policy target due to dull business amid political uncertainty. According to the latest BB data released on Tuesday, the private sector credit growth plunged again after three months in October from that of the previous month. The BB data showed that the year-on-year credit growth ... Read more