Sakib, Tamim set friendship aside

December 31, 2013

Friendship will be set aside when Sakib al Hasan’s Prime Bank CC take on Tamim Iqbal’s UCB-BCB XI in the final of the Amber Victory Day Twenty20 Cup at the Sher-e-Bangla National Stadium today. All-rounder Sakib and opener Tamim have been very close to each other since their early days in age-level cricket and their friendship has grown stronger as time has passed. Read more

BNP gives cricket no guarantee

December 31, 2013

The Bangladesh National Party said it could not guarantee that the forthcoming international competitions to be hosted by Bangladesh would be out of the purview of any political programmes. BNP sports secretary Lt. Col (retd.) Abdul Latif, also a former manager of the National Cricket Team, paid a visit to the Bangladesh Cricket Board’s headquarters at Mirpur, Read more

MSC’s new football coach arrives today

December 31, 2013

Portuguese Rui Capello will arrive today to take charge of traditional football powerhouse Mohammedan Sporting Club for the rest of the season, ending the speculation about the club’s coaching situation. There were a lot of rumours surrounding Mohammedan’s head coaching position as Saiful Bari Titu, their coach last season, recently agreed to join Read more

Dev coaches’ future uncertain

December 31, 2013

The 19 development coaches of the Bangladesh Football Federation ended their tenures today with their futures uncertain as the Asian Football Confederation reduced the BFF’s development coaching budget. The AFC allocated $3750 for development coaching in this budget, down from the $5880 in the last budget, forcing the BFF to review the coaches’ performance and drop Read more

Jr Tigers face Sri Lanka today

December 31, 2013

The Bangladesh Under-19 cricket team will play their final Group B match against Sri Lanka U-19s at the Asian Cricket Council U-19 Asia Cup 2014 scheduled to be held today at the Sheikh Zayed Stadium Nursery 2 in Abu Dhabi, United Arab Emirates. The match kicks off at 11.30 am (BST). Earlier, Bangladesh got off to a flying start in the tournament with an overwhelming Read more

ADP implementation drops to 20pc in July-Nov

December 31, 2013

Political unrest hampers project works
ADP implementation during July-November period of the current fiscal year stood at Tk 13,156 crore or 20 per cent of the total outlay earmarked in the budget, compared with 25 per cent utilised during the same period of the previous fiscal year. Political instability and capacity constraints in implementing development projects are two major reasons behind the Read more

NBR gets depressing response in tax return submission

December 31, 2013

Deadline expires today
The National Board of Revenue has decided not to extend the deadline for submission of income tax returns for the current fiscal year by individual taxpayers though it has got depressing response and has received around 8 lakh returns with one day left for the end of deadline today, officials said. Though the NBR extended the deadline thrice till December 31, response Read more

‘Govt-sponsored’ blockade hits kitchen markets

December 31, 2013

The ‘government-sponsored blockade’ hit the kitchen markets in the city and pushed up the prices of vegetables due to supply shortage as transportation remained suspended across the country for last four days. Traders said that they had completely failed to carry any goods including vegetables from southern or northern areas of country as transport stayed off the Read more

Rate of defaulted loans jumps in 5 years

December 31, 2013

Defaulted loans in the banking sector increased sharply in the last five years as the non-performing loans increased to 12.79 per cent of the total loans disbursed by banks as of September 30, 2013 from 10.79 per cent as of December 31, 2008, according to a BB news release. The release titled ‘2013 economy remained resilient despite political instability’ said that the Read more

BB extends deadline by 1 more year to adjust loan limit

December 31, 2013

Banks Stock Market Subsidiaries
BB extends deadline by 1 more year to adjust loan limit
Bangladesh Bank on Monday extended time by one more year for adjusting single borrower exposure limit by the commercial banks’ subsidiary brokerage houses and merchant banks. The BB issued a circular to managing directors and chief executive officers of all banks asking them to adjust the loans which have exceeded the single borrower exposure limit Read more

BSEC forms probe body against Star Share Bazar, some investors

December 31, 2013

The Bangladesh Securities and Exchange Commission on Monday formed an inquiry committee against a company and its managing director for holding more than 10 per cent shares without declaration and against some investors for influencing share prices.
The BSEC formed the committee as per Read more

Exporters mount pressure for incentives

December 31, 2013

Exporters Association of Bangladesh has urged the government to pay cash incentive on a monthly basis instead of quarterly to overcome the adverse situation the exporters might face due to prolonged political unrest. Besides, EAB, a newly formed association of exporters, placed more than a dozen of other demands including lowering tax on export bills Read more

Dhaka stocks end year on high note

December 31, 2013

Dhaka stocks advanced on Monday, the last trading session of the year, with an increased turnover as the central bank on the day allowed banks another year to adjust their capital market exposure above the allowable limit. The benchmark general index of Dhaka Stock Exchange, DSEX, increased to 4,266.55 points, adding 1.35 per cent or 56.85 points. DS30, the Read more

Japan camera makers face shakeout as smartphones shatter hopes

December 31, 2013

Panasonic Corp and Japan’s other mid-tier camera makers have a battle on their hands to win over a smartphone ‘selfie’ generation to mirrorless cameras that held such promise when they were launched around five years ago, reports Reuters. Panasonic, like peers Fujifilm Holdings and Olympus Corp, has been losing money on its cameras since Read more

Sonargaon Hotel takes special programme on 31st Night

December 31, 2013

Pan Pacific Sonargaon Hotel has taken a special programme to celebrate the 31st Night, the eve of New Year. There will be a savouring delicacy of food on the eve of New Year at all the restaurant outlets of the hotel, said a news release. The Chef’s Special 5-Course Dinner on the 31st Night in the premiere Café Bazar restaurant and BBQ Night amidst the open sky oasis Read more

89.94pc pass JSC, JDC exams

December 30, 2013

Rural institutions, cadet colleges perform poorly
Results of the Junior School Certificate and the Junior Dakhil Certificate exams published on Sunday showed that the success rate and the number of GPA 5 scorers increased this year compared with that of 2012. The combined pass rate in JSC and JDC exams increased to 89.94 this year, while 86.97 per cent of the students passed the exams in 2012. The pass rate in eight Read more

Extended medicare facilities sought for disabled

December 30, 2013

Participants in a volunteer training programme conducted by the Centre for the Rehabilitation of the Paralysed in Barisal city urged for extending coordinated medicare facilities as a right for the disabled persons on Sunday. The centre manager, Mahmudul Hassan Al Imam, also a physiotherapist, chaired the programme held at Barisal ARDRID-CRP centre in the city. Read more

Govt foils Dhaka march

December 30, 2013

The BNP-led 18-Party Alliance could not hold its Dhaka March programme on Sunday in the face of unprecedented obstructive measures from law enforcers that crippled life in the capital for the second day and prompted the opposition to extend the programme to Monday. Two persons were killed in the capital during the police action against the opposition Read more

‘March to continue’

December 30, 2013

BNP chairperson Khaleda Zia on Sunday said the opposition will continue its anti-government movement ‘to rescue the country’s democracy and sovereignty’.
“We will continue our March for Democracy programme tomorrow and even day after tomorrow. It will go on as long as you (the Sheikh Hasina government) Read more

Stages drama: AL

December 30, 2013

Terming BNP chairperson Khaleda Zia’s attempt to come out of her residence and join the March for Democracy programme “a drama” staged by her, Awami League (AL) general secretary Syed Ashraful Islam on Sunday claimed she had no intention of going to the party headquarters to join the march. “On Sunday, Opposition chief Khaleda Zia just staged a drama in Read more

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