Dhaka stocks continued to plunge for the second week as investors went for sell-offs amid political unrest and poor dividend declaration by banks. Last week, DSEX, the benchmark general index of Dhaka Stock Exchange, lost 4.72 per cent, or 173.80 points, to close at 3,507.86 points.
dhaka
WASA plans large-scale use of surface water
The Dhaka Water Supply and Sewerage Authority has taken up a long-term plan to go for surface water sources to meet the city dwellers’ safe water demand reducing its dependence on groundwater. ‘We putting emphasis on surface water sources to gradually reduce dependence on groundwater. We’re trying to bring water from the Padma
Experts want Sanofi’s Access to Medicines programme in Bangladesh
Healthcare professionals and representatives of the government and non-governmental organisations at a discussion on Thursday explored the possibility of collaborating with Sanofi for running its Access to Medicines programme in Bangladesh, particularly in the area of mental health. Sanofi through its Access to Medicines programme has been
Govt plans to reduce duties on tourism equipment
Civil aviation and tourism minister M Faruk Khan on Friday said the government was planning to reduce duties on various tourism equipment including tourist carrying vehicles and tourist sports and fun gears in the next national budget to facilitate the growth of tourism industry. ‘We have already introduced on arrival visa for the foreign tourists ... Read more
No tax holiday: Muhith
Finance minister Abul Maal Abdul Muhith on Friday said the companies enjoying tax exemption because of the tax holiday facility for certain period would come under tax net. He, however, said the locally-owned industries and manufacturing firms would get tax preferences in the upcoming national budget.
Locals move to widen road as DNCC sits idle
Local people with businesses and homes alongside a three-kilometre road in Mirpur have given up land for free in order to allow the road to be widened by ten feet so that vehicles can pass each other with ease. ‘We started the demolition of the structures two years back and so far we have convinced ... Read more
Banking sector reeling from political unrest
The country’s banking business has severely been affected due to political unrest and frequent shutdowns in the last few months, said top executives of some commercial banks. They said that both collection of deposits and disbursement of loans had decreased alarmingly amid lower presence of clients in the bank due to the unrest.
Food inflation rises slightly in March
The overall point-to-point food inflation rose to 7.50 per cent in March from 7.45 per cent in February because of price hike of some food items, Bangladesh Bureau of Statistics said on Thursday. The point-to-point inflation and non-food inflation decreased in the month, the data published by the BBS on the day showed.
DSE demands Tk 5,000cr budgetary allocation
Urges policymakers to stop blame-game The Dhaka Stock Exchange on Thursday demanded Tk 5,000 crore budgetary allocation for the stock market in next budget and suspension of banks’ stock loss provisioning until 2014. ‘The finance ministry needs to allocate Tk 5,000 crore in the next budget to support the market in its crisis situation,’ DSE ... Read more
Dhaka stocks return to red on fresh political tension
Dhaka stocks ended down on Thursday after a two-day rise which was preceded by a seven-day fall due to renewed tensions on the country’s political front. The key index of Dhaka Stock Exchange, DSEX, finished at 3,507.85 points, shedding 0.51 per cent or 18.27 points. The DSEX had gained
Runa, Bannya to be honoured in Kolkata
Eminent singer Runa Laila will be honoured with Sangeet Mahasamman and popular Tagore singer Rezwana Choudhury Bannya will be awarded with Sangeet Samman in Kolkata tomorrow. Mamata Banerjee, chief minister of Pashchim Banga will confer Sangeet Mahasamman to 17 celebrated singers and Sangeet Samman to 19 popular singers in the inauguration
Films of yesteryears attract audience
The three-day film screening of a few Bangla classic films began on Wednesday, giving the public a great chance to acquaint or re-visit ‘old is gold’ kind of movies. Bangladesh Film Archive, Chalachitra Film Society and Bangladesh Shilpakala Academy have jointly organised the programme marking the National Film Day. The festival began on Wednesday
Film posters present history
Bangladesh Film Archive and Bangladesh Film Archive alumni association have jointly arranged the first-ever poster exhibition of the country’s films to showcase the history and evolution of Bangla films. The three-day exhibition of posters of Bangladeshi films has been inaugurated at the Zainul Gallery 2 on Wednesday to celebrate the second national film
Babu believes TV plays monotonous
Popular actor Fazlul Rahman Babu says that the most of the teleplays aired these days disappoint him. Babu, who had obtained popularity through his acting in hundreds of teleplays in his three decades of acting career, observes that many of these teleplays are quite typical in terms of storyline, content and performance. ‘The thing is ... Read more
Solar panel yet to power any city traffic signals
The authorities have not yet installed any solar panel at the existing 70 signal posts in the capital even about four years after the project was initiated. The installation of solar panels at 70 old signals posts is scheduled to be completed in May while the construction of 30 new signal posts, along with the ... Read more
Book fair mourns death of Rajib
Amar Ekushey Book Fair Book fair mourns death of Rajib The month-long Amar Ekushey Book Fair on its 16th day mourned the killing of blogger Rajib Haider, an activist of the Shahbagh movement demanding death penalty for war criminals. Both the visitors and the representatives of different stalls were deeply shocked with the death of ... Read more
Online sales of products gaining popularity
Online sales of products are gaining popularity in the country, said participants of a fair in the capital on Friday. The three-day fair began on the day where entrepreneurs who only use to sell their products through online are taking part. Constant Solutions, an IT and marketing organisation, organised the fair titled
Love leads book fair to new height
The Amar Ekushey Book Fair assumed a different look on Thursday, with the visitors presenting each other with books as a token of their love on Valentine’s Day. Both the young and old couples, parents and kids grabbed the occasion to pour out their hearts to each other. ‘We have presented our favourite people with ... Read more
Pahela Phalgun adds colour to book fair
The celebrations marking Pahela Phalgun, the first day of spring according to the Bangla calendar, added a new dimension to the month-long Amar Ekushey Book Fair, with young people, in colourful dresses, roaming the fair premises. Thousands of young people, the boys in traditional pyjamas and punjabis and the girls in yellow saris, crowded the fair and ... Read more
Publishers sell pirated Indian books
Amar Ekushey Book Fair Publishers sell pirated Indian books More than a dozen publishing houses are displaying and selling pirated Indian books and those of other publishers in Amar Ekushey Book Fair, breaching the fair guidelines. The fair began this year with a vow to resist the sale and display of pirated books and books ... Read more