Streak arrives on Monday

May 31, 2014

Newly appointed Bangladesh bowling coach, Heath Streak will arrive on Monday to join the preparation camp of the national team ahead of their three-match one-day international series against India, said a BCB official on Friday. The former Zimbabwe skipper recently signed a two-year contract with the Bangladesh Cricket Board as a specialist bowling coach Read more

Net investment in nat’l savings tools swells Increases by 1,186pc in July-April

May 31, 2014

The net investment in the national savings certificates and bonds increased by 1,186.32 per cent in the first 10 months of the current financial year 2013-14 compared with that in the same period of the FY13. According to the latest data of Directorate of National Savings, the net investment in the savings instruments was Tk 8,734.50 crore in July-April Read more

Tax holiday scheme likely to be extended to woo investors

May 31, 2014

The government is likely to extend the tax holiday scheme for another couple of years aiming at enhancing investment and creating employment opportunities, said NBR officials. In the current financial year 2013-14, the government extended the scheme from June 2013 to June 2015. Finance minister AMA Muhith during his budget speech Read more

B’desh 2014 rice imports to be triple: FAO

May 31, 2014

The UN’s Food and Agriculture Organisation has estimated 2014 Bangladesh’s rice imports to nearly triple to about 4,00,000 tonnes due to lower prices in international market.
The FAO reports that most of the imports are by the private sector, reports oryza.com web site on Thursday. The FAO estimates 2014 aggregate paddy Read more

Prices of broiler, gram, red lentil rise

May 31, 2014

The prices of broiler, gram and red lentil increased in the capital’s kitchen markets over the week ending Friday. Traders said the prices of the commodities increased due to their increasing demand. The price of broiler increased by Tk 10 a kilogram and the item was selling at Tk 150-Tk 160 a kg on Friday. Abul Bashar, a trader at Hatirpool kitchen market, Read more

German firm behind goal-line technology looks beyond World Cup 

May 30, 2014

With two weeks to go to the finals of the soccer World Cup in Brazil, small German start-up company GoalControl has the technology ready make the calls cheered and challenged around the globe: goal or no goal. This year’s World Cup will be the first when ‘goal-line technology’ will be used, years after the concept was introduced to sports such as Read more

India owe a reply, says Mushfiq

May 30, 2014

Offended at seeing India selecting an under-strength squad, Bangladesh captain Musfiqur Rahim promised to give the side a fitting reply when the two teams play a three-match one-day international series in June. India rested seven senior cricketers – Mahendra Singh Dhoni, Virat Kohli, Rohit Sharma, Ravichandran Ashwin, Ravindra Jadeja, Mohammad Shami Read more

Businesses eye boom in WC sales

May 30, 2014

With the World Cup football knocking at the door, the football fans across the country are busy collecting their favourite teams’ jerseys and other football souvenirs to join the quadrennial festival. From the street hawkers to the posh shopping malls in the city, businessmen are ready to cash in on the football mania in sports-crazy Bangladesh. The local made Read more

BU finish second phase on a high

May 30, 2014

Brothers Union finished the second phase in the Bangladesh Premier League with a comfortable 2-1 win over Team BJMC at the Bangabandhu National Stadium on Thursday.
The sixth win in nine matches of the second phase took Brothers to fourth place in league table with 29 points from 18 matches. Team BJMC, on the other Read more

Tax-free limit on agriculture income likely to be doubled

May 30, 2014

CSR spending ceiling for corporate taxpayers to go up
The government is likely to increase the threshold of tax-free income derived from agricultural activities in a bid to encourage people to engage in the sector, officials of the National Board of Revenue said. The tax-free income limit for agriculture sector may be set at Tk 1 lakh from the existing Tk 50,000, they said. They said that the government might Read more

B’desh should put in more diplomatic efforts to revive GSP in US market

May 30, 2014

Suggest economists, former diplomat
Economists and a former diplomat on Thursday said that Bangladesh should continue its diplomatic effort to revive generalised system of preferences in the US market as the facility was crucial more for the country’s image than for the economic benefit.
If the government took proper steps in time Read more

JS body suggests high duty on polythene raw materials

May 30, 2014

The parliamentary standing committee on textiles and jute ministry on Thursday recommended the government for imposing high import duties on raw materials of polythene with a view to discouraging polythene bags and encouraging jute-packing.
Members of the watchdog body at a meeting held Read more

Alliance finds 99pc RMG units structurally sound

May 30, 2014

Detects other faults like lack of fire equipments, doors
Ninety-nine per cent of the 508 readymade garment factories the Alliance for Bangladesh Worker Safety has inspected are found structurally sound, said Alliance officials.
The North American retailers’ platform has listed for inspection a total of 630 garment units from which its members procure products. Of the 508 factories Read more

Dhaka stocks fall flat amid profit taking sales

May 30, 2014

Dhaka stocks fell flat on Thursday with turnover remaining the same as the day before when a section of investors went on selling shares following last two days’ rise.
DSEX, the benchmark general index of Dhaka Stock Exchange, declined 0.01 per cent, or 0.50 points, to close at 4,430.47 points. Turnover of the Read more

Fifth Jatra Festival begins at BSA

May 29, 2014

Fifth Jatra Festival begins at BSAFifth Jatra Festival has begun at Bangladesh Shilpakala Academy. The two-day festival will judge t participating jatra troupes
from across the country, for registration.
Organised by Bangladesh Shilpakala Academy as a part of Jatra Development Policy 2012, the festival is the fifth edition of an attempt to register
eligible jatra troupes countrywide. Read more

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