Banks must give clients instant SMS, email

October 31, 2013

Online Transaction
Banks must give clients instant SMS, email
Bangladesh Bank is going to make mandatory for the scheduled banks to provide the clients with instant alert service with short text message and email on every online transaction, said officials of the central bank. The BB has already asked the banks to take necessary measures in this regard within the shortest possible time as it (central bank) would bring all Read more

SEC mulls launching of KYC, access to bank accounts of investors

October 31, 2013

The securities regulator has plans to introduce measures including KYC (Know-Your-Client) criteria for share investors, getting access to their bank accounts by the regulator and establishing a Clearing and Settlement Organisation to comply with the international best practices.
The planned move, despite being sensitive in Read more

Trade unionism a must: analysts

October 31, 2013

Rights activists and labour leaders yesterday called for trade unions at all garment factories to give the workers a platform to ensure their rights.
They also favoured a system of determining the minimum wages for garments workers by considering the cost of living, and not just by taking food Read more

Robi launches 3.5G

October 31, 2013

Mobile operator Robi Axiata yesterday announced the launch of its 3.5G services for its customers at select areas in Dhaka, Chittagong and Sylhet.
Robi customers can now enjoy much faster online services like viewing multimedia content, playing games and downloading files with the 3.5G technology, Read more

Mozena pushes garment owners for trade union

October 31, 2013

Many of the factory owners in Bangladesh do not want trade union and they even create obstacles so that trade union rights cannot be established, US ambassador in Dhaka Dan W Mozena said on Wednesday.
Trade union rights have to be established if the country wants to regain the Generalised System of Preferences in the US market, he observed. Read more

Dhaka stocks down on dialogue uncertainty

October 31, 2013

Dhaka stocks declined on Wednesday after three sessions on the up as the investors opted to sell shares amid uncertainty over a consensus between the ruling party and the opposition.
The benchmark general index of Dhaka Stock Exchange, DSEX, slid to 3,946.01 points, shedding 1.08 per cent, or 43.12 points. DS30, the blue-chip Read more

Writ petition challenging DSE EGM withdrawn

October 31, 2013

The bourse to set fresh date today
The High Court on Wednesday withdrew its order of injunction on the holding of the Dhaka Stock Exchange’s extraordinary general meeting scheduled for Tuesday last.
The bench of Justice Mamnoon Rahman passed the order after accepting the prayer of DSE member Ahmed Iqbal Hasan for withdrawing Read more

Mercantile Bank, Banglalink to launch MY CASH

October 31, 2013

Banglalink Digital Communications and Mercantile Bank recently signed an agreement to jointly launch MY CASH, a mobile banking service through the Banglalink network, said a press release.
The commercial launch of MY CASH service is expected very soon, it added.
This will enable Banglalink subscribers with Read more

Masoom joins Mercantile Bank as DMD

October 31, 2013

Mohammad Masoom has recently joined Mercantile Bank as its deputy managing director, said a press release. Prior to this appointment, he was a senior executive vice-president at National Bank.
A former student of University of Dhaka, he started his career with AB Bank in 1985. He has also worked for Southeast Bank and Trust Bank. Read more

Confident Tigers look to seal series

October 31, 2013

Bangladesh will go into the second One-Day International against New Zealand today hoping to seal a series victory after a thrilling 43-run win in Tuesday’s opener.
The win in the opener brought back the confidence that enabled the Tigers to complete an unprecedented 4-0 sweep in 2010. Tuesday’s win Read more

Injury ends Williamson’s tour

October 31, 2013

New Zealand batsman Kane Williamson was ruled out of the remainder of his side’s tour of Bangladesh and Sri Lanka with a thumb injury, a team official said on Wednesday.
Williamson was struck on the left thumb in the 35th over while fielding at point during the first One-Day International against Bangladesh in Read more

New-look Naeem seeks success

October 31, 2013

Batsman Naeem Islam hopes to reap the benefits of his transformed batting approach, which he developed during his absence from the national team after an injury prompted him to miss the tours of Sri Lanka and Zimbabwe earlier this year. Naeem, who was included in the Test squad for the home series against New Zealand, could not break into a Tigers line-up Read more

DPL returns a team short

October 31, 2013

The Dhaka Premier League is finally back for its eighth round of games today, four days after its originally scheduled return from the Eid break.
The league was set to resume on October 27, but that date was pushed back in light of the 60-hour hartal that began on the same day. Defending Read more

Footballers’ transfer deferred again

October 31, 2013

Bangladesh Football Federation on Wednesday deferred the inter-club player transfers for the fourth time for 15 days following an appeal from the clubs, said the officials.
The professional league committee of the BFF took the decision at an emergency meeting after receiving a written application from seven professional Read more

Half-marathon in Cox’s Bazar on Friday

October 31, 2013

A half-marathon, organised by Big Bangla Run and sponsored by Ifad Group, will be held in Cox’s Bazar on Friday. The 21.1-kilometre international-standard run will start from Kalatoli Niribili Mosque at 7:00am and will end at the Inani beach point. About 1,500 runners from home and abroad are expected to participate in the race, organisers said at a press conference Read more

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