Clocks will be adjusted backward by an hour at 11:59pm on December 31, the cabinet decided on Thursday. The prime minister’s press secretary Abul Kalam Azad told reporters after the cabinet meeting that the government had also decided to introduce daylight saving time on an annual basis. The cabinet decided that clocks would be adjusted ... Read more
News
Govt Schools Admission tests start in city
Admission tests in the city’s government schools began yesterday. The tests in schools under Group-A were held in two shifts, from 11:00am to 1:00pm and from 3:00pm to 5:00pm. Exams for class I to class IV were taken in the first shift and class V to class IX in the second shift. The schools under ... Read more
Christmas today
Christmas Day, the greatest religious festival of the Christian community, will be celebrated in the country today as elsewhere in the world with due solemnity and traditional enthusiasm in commemoration of the birth of Jesus Christ. To mark the day, the Christian community will offer special prayers in different churches throughout the country. The day ... Read more
Bangladeshi twins inspiration,says Australian cleric
One of Australia’s top Catholic clerics on Thursday said people all over the world should take inspiration from the separation of conjoined Bangladeshi twins Trishna and Krishna. Adelaide city Archbishop Philip Wilson said the twins’ astonishing recovery from marathon surgery five weeks ago to separate their fused heads had touched people across the world, bringing ... Read more
Thousands join Tipai march
The much-discussed long march of Islami Andolan Bangladesh (IAB) yesterday left the city towards Tipaimukh led by its Ameer and Chairmunai Peer Syed Rezaul Karim. The long march along with thousands of people in more than five hundred buses started its journey from Muktangan at 3 pm and few road marches were held at Motijheel, ... Read more
RAK Ceramics takes on first IPO under book building
RAK Ceramics, a Bangladesh-UAE joint venture, is going to be the first to offer primary shares using the book building method, a modern pricing mechanism for initial public offering (IPO). The Securities and Exchange Commission, the market regulator, gave the green light to RAK at a meeting on Wednesday, officials said. The tiles and sanitary-ware ... Read more
Bureaucratic tangles delay crocodile export
The maiden shipment of crocodile export from Bangladesh is going to be delayed due to bureaucratic tangles, claimed the top executive of Reptiles Farm Limited, country’s lone crocodile farm. Despite applying about four months ago, the organisation is yet to get permission to export the unconventional item, causing failure to meet the deadline of the ... Read more
Sales confce of Incepta Pharma held at BICC
The annual sales conference, 2010 of Incepta Pharmaceuticals Ltd was held at the Bangabandhu International Conference Center(BICC) yesterday. Managing director of Incepta Pharmaceuticals Ltd, Abdul Muktadir inaugurated the daylong programme. Hasneen Muktadir, director, Planning and Commercial also addressed the programme. Year 2009 was another successful year for Incepta. According to IMS health, an independent market ... Read more
High-Tech park soon to extend ICT sector
The government will make a new law titled Bangladesh High-tech Park Authority Act 2009 aiming to attract foreign investors into making investment in the country’s dormant IT sector for achieving its envisioned goal of ‘Digital Bangladesh’ by 2021, report agencies. In this regard, the government will set up a High-Tech park at 232 acres of ... Read more
AMCL declares 29pc dividend
AMCL (PRAN) have declared 29 per cent dividend to its shareholders for the year 2008-2009 at the 24th Annual General Meeting of Agricultural Marketing Co Ltd(AMCL) held at National Shooting Complex, Gulshan, Dhaka on Thursday. Lt Col Mahtabuddin Ahmed (Retd), chairman, Maj Gen Amjad Khan Chowdhury (Retd), managing director, Ahsan Khan Chowdhury, deputy managing director, ... Read more
Otobi launches new office collection
Otobi, a leading furniture maker, opened a showroom of office decorative items and accessories in Dhaka yesterday. The showroom, named Notepad, will provide all modern furniture and accessories to bring a full-fledged corporate makeover to offices. “We bring around 2,000 products of trendy taste that ranges from Tk 10 to Tk 70,000,” said Shabbir Hossain ... Read more
Marco launches fire retardant cables
Micro Cables Ltd, launched it’s New products — fire-retardan cables — in a ceremony held at Hotel Westin in Dhaka on Wednesday . Commerce Minister Lt Col (Rtd) Muhammad Faruk Khan attended the ceremony as chief guest while Fazlul Haque, President BKMEA, Engr Tanveerul Haque Probal, President of REHAB and Shah Alam Sarwar, Managing Director, ... Read more
JBL opens Gazipur Chowrasta Branch
Chairman of the Board of Directors of Jamuna Bank Limited, Sakhawat Abu Khair Mohammad inaugurated the 47th Gazipur Chowrasta Branch of the bank as chief guest in Gazipur recently. Al-Haj Nur Mohammed, chairman of Jamuna Bank Foundation Md. Ismail Hossain Siraji, vice chairman of Jamuna Bank and a large number of valued customers, well-wishers and ... Read more
United adds fourth aircraft to fleet
United Airways added a new MD-83 aircraft to its fleet yesterday to expand its international network. The new MD-83 aircraft will be primarily used on the carrier’s upcoming routes between Dhaka-London, Dhaka-Dubai, Dhaka-Kuala Lumpur, Dhaka-Kathmandu and Dhaka-Bangkok. “The MD-83 aircraft has been purchased from Romania and this new addition has increased the fleet strength of ... Read more
Padma bridge tender in February
The government is expected to float an international tender for construction of Padma Multipurpose Bridge next February as a high-powered coordination meeting yesterday finalised a revised estimated cost of US$ 2.4 billion for the 6.15 km bridge. The cost almost entirely will be financed by the country’s development partners, which has gone up by one ... Read more
No mechanism to curb misuse of govt vehicles
Govt spends Tk 35,000 a month on each car The government does not have any central mechanism to check misuse of its transport, especially the vehicles under various projects, allowing many officials and employees to avail themselves of transport facilities round the clock which they are not entitled to. An officer of the rank of ... Read more
Diseases on rise for climate change
Not only natural calamities, global warming is imposing precarious effects on human health by increasing various diseases. Experts said with the increase in the temperature vector and water borne diseases are escalating in the country. Besides, more areas are going to become submerged due to frequent flooding which will contaminate drinking water. The water would ... Read more
Four tunnels to ease congestion in Dhaka
The Dhaka City Corporation has taken up a plan to construct tunnels at four important intersections in the capital to facilitate smooth movement of vehicles, said official sources on Sunday. The tunnels will be constructed at Shahbagh, Sheraton, Banglamotor and Sonargaon intersections which are plagued by heavy traffic, according to the decision taken at the ... Read more
Traffic congestion returns on the city streets
The nagging traffic congestions on the city’s roads appeared to have returned to previous level as very few drivers were going by the lane system introduced by Dhaka Metropolitan Police to bring discipline on the streets. Commuters blamed the law enforcing agencies for lack of monitoring whether the drivers were going by their designated lanes. ... Read more
Move on mutual fund loans draws mixed reactions
SEC’s new decision effective from today The new criteria fixed by the stock market regulator for margin loans for mutual funds have drawn mixed reactions from fund managers, investors and an academic. The fund managers and investors fear that the new criteria will send wrong signals to market. But some experts said the restriction is ... Read more