Sylhet Medical Hostels BCL erases Khaleda, Saifur’s names Staff Correspondent, Sylhet Activists of Bangladesh Chhatra League (BCL) changed the names of two female dormitories of Sylhet MAG Osmani Medical College Saturday night, erasing the names of Khaleda Zia and Saifur Rahman. Khaleda Zia female interns’ hostel was renamed as Bibi Ayesha (RA) intern hostel while ... Read more
News
Cost of workers going abroad likely to increase
Staff Correspondent Expatriates’ Welfare & Overseas Employment Minister Engineer Moshar-raf Hossain on Sunday gave intimation that the government fixed rate for sending workers abroad through recruiting agencies may be increased. After holding a meeting with leaders of Bangladesh Association of International Recruiting Agencies (BAIRA) at his ministry, he said “BAIRA leaders said current rate was ... Read more
First ODI against Zimbabwe today
Sports Reporter Bangladesh will meet Zimbabwe today in the first match of the three-match Grameenphone ODI Series at the Mirpur Sher-e-Bangla National Stadium. The match starts at 9.00 AM. Bangladesh Television will telecast the match live from the stadium. Before today’s encounter, Bangladesh faced Zimbabwe in 34 ODI matches. Of them, Zimbabwe registered 19 wins ... Read more
Education fair begins Jan 22
Staff Reporter A four-day long education exposition- “3rd Education Worldwide Expo 2009” will begin on January 22 aiming to provide up-to-date and comprehensive educational and career opportunities and guidance. The fair will be opened for all from 10am to 8 pm at level-7, Basundhara Expo Centre, Bashundhara City. The entry fee is fixed at Tk ... Read more
Trade tops bank loan
Sajjadur Rahman The sectoral distribution of bank credit has marked a significant change, with a majority share going for trade financing, central bank data show. Some 35.4 percent of total bank credit was meant for the trade financing as of September 2008, which was only 18.7 percent in March. Up to September, the bank advances ... Read more
Meeting on stabilising BoP at end-January
Staff Correspondent The Coordination Council on Monetary Policy and Exchange Rate of the finance ministry is expected to meet at the end of this month to explore strategies for bringing stability in the country’s balance of payments to contain inflation and keep the exchange rate of taka at a reasonable level. ‘The council meeting will ... Read more
Bear grabs Dhaka stocks for 2nd week
Staff Correspondent Dhaka stocks dropped last week, extending its bear run for the second consecutive week, amid decreased participation of investors, market operators said. The general index of Dhaka Stock Exchange lost 65.09 points, or 2.36 per cent, in the week closing at 2,695.58 on Thursday, while its blue chips index, DSE20, shed 71.86 points, ... Read more
Dhaka trade fair gathers pace with pricey tag pic
Star Business Report The 14th Dhaka International Trade Fair (DITF) pulled a huge crowd on the weekend on Friday and yesterday with customers complaining of high prices charged by the companies participating in the month-long
NBR tries to raise internal revenue: Mazid
Says BoJ chief United News of Bangladesh . Chittagong The National Board of Revenue chairman, Abdul Mazid, on Saturday said they would try to raise revenue income from internal sources to make up the shortfall caused from the impact of decline in commodity prices in the world market. ‘Our revenue growth has been based on ... Read more
Grameen Danone Foods enters Dhaka market
Star Business Report Grameen Danone Foods Ltd entered Dhaka market yesterday with its nutrient-rich ‘Shakti’ brand food items to build a cushion against the subsidy it provides for selling the products at cheaper rates among the
Matia hopeful of high returns from fertilizer price cut
BSS, Dhaka Expecting high returns from the biggest-ever allocation for agriculture sector, Agriculture Minister Begum Matia Chowdhury today brushed aside the notion of providing Taka 2,700 crore fresh subsidy to fertilizer a problem for the new government. “The government has the ability to afford the money required to give the subsidy on fertilizer. If we ... Read more
Wellpac exports to plastic bag market in Europe
Sarwar A Chowdhury An export-oriented Dutch-Bangla joint venture company started its journey last month. The company, Wellpac Polymers Limited, has already made its first shipment of plastic bags to the Netherlands entering the billion-dollar international plastic bag market. “Initially our target is exporting 3,000 tonnes of plastic bag, especially shopping and garbage bags, a year ... Read more
ICDDR,B, core donors take part in signing ceremony
A group of seven core development partners along with ICDDR,B officials participated in a signing ceremony documenting their continued partnership, at ICDDR,B’s Mohakhali campus recently. The Core Donors’ Group (CDG) was established in 2007 to coordinate donor funding to ICDDR,B in consistence with the Paris Declaration on Aid Effectiveness. The CDG members providing unrestricted support ... Read more
PBL joins trade fair in UAE
NATION BUSINESS REPORT A trade fair titled ‘Bangladesh Single Country Trade Fair’ has recently been held at Sharjah, UAE which was participated by local companies of Bangladesh. Different banks, financial organizations and companies participated in the fair. Pubali Bank Limited also took part in the fair to expand and promote foreign remittance from the UAE ... Read more
Govt to revise fertiliser distribution system
Obaidul Ghani The government is likely to revise the fertiliser distribution system, which now depends on the recommendation of the inter-ministerial committee, said the agriculture secretary on Saturday. However, the government plans to revive the function of the inter-ministerial committee in couple of days as the committee usually look after the policy of fertiliser distribution ... Read more
Vow to check unrest in edn institutions in Rajshahi city
22-point action plan drawn as parties, institutions, student bodies agree RU Correspondent Leaders of different political parties, heads of educational institutions and student organisation of Rajshahi at a meeting yesterday agreed to abide by a 22-point action policy to keep educational institutions in Rajshahi city free from student unrest and criminal activities. Rajshahi City Corporation ... Read more
Subsidy not enough unless it reaches farmers
Protect sharecroppers, marginal farmers A.T. M. Nurun Nabi The newly elected Awami League Government has reduced the non-urea fertiliser price almost by 50 percents in order to reduce the production cost in the greater interest of the majority people. As per decision, Triple Super Phosphate (TSP) will be available at taka 40 per kilo instead ... Read more
Task force a must to offset impact of global financial crisis: experts
Say Bangladesh economy really vulnerable to external shocks Staff Correspondent Economists and trade experts on Saturday called for formation of a task force, as pledged by the government, soon to effectively to ward off the impact of the ongoing global meltdown on Bangladesh economy. Exports, foreign direct investment and remittances are the areas that may ... Read more
ECR introduced at Barisal city
Our Correspondent, Barisal Some medium and large size shops in the Barisal City Corporation areas have introduced Electronic Cash Registration (ECR) system of late. Md. Abdul Mannan Sardar, Assistant Commissioner, Anwar Hossain, Superintendent of Barisal Divisional Customs, Excise and VAT Office said that in Barisal city already twenty five business institutions have been selected for ... Read more
Dealers stop selling non-urea fertilisers as govt halves rates
Our Correspondent, Rangpur Most of the dealers under Bangladesh Chemical Industries Corporation (BCIC) in the district have stopped selling non-urea fertilizers following agriculture ministry’s declaration about subsidy on them. Farmers at different places in the districts said they are not getting Triple Super Phosphate, Di-amonia and Mutate of Potash, which are most essential during preparation ... Read more