Ray of hope for Sakib

July 28, 2014

The Bangladesh Cricket Board is keeping the option open for suspended cricketer Sakib al Hasan to make a return to competitive cricket with the Dhaka Premier League, beginning in October. The BCB initially had dropped Sakib a from a list of pool players, but officials said he may be included in the list after a meeting of its board of directors on August 7, two Read more

Ex cricketer Masud dies

July 28, 2014

Former national cricketer and member of Bangladesh’s first ICC Trophy squad in 1979 Ziaul Islam Masud died at the Anwar Khan Medical College Hospital in Dhaka on Saturday. He was 63. A lethal pace bowler in his playing days, Masud was working as a national umpire and trainer of umpires for the last few years. In a distinguished career Masud was also a national Read more

Football primary squad named

July 28, 2014

The Bangladesh Football Federation on Sunday announced a 25-member under-23 preliminary squad for the Asian Games to be held in Incheon, South Korea, in September.
Abahani defender Tutul Hossain Badshah, who spent most of the season on the bench, relegated Uttar Baridhara goalkeeper Osman Gani and Mohammedan’s Read more

CAAB refuses to provide ACC with docs

July 28, 2014

Bird Deterring Machines Purchase
CAAB refuses to provide ACC with docs
The Civil Aviation Authority, Bangladesh (CAAB) refused to provide documents to the Anti-Corruption Commission for its ongoing inquiry into alleged corruption in purchasing bird deterring machines and some other equipments from 2009 to 2011.
The CAAB did not provide documents to the ACC which Read more

Taka keeps appreciating against dollar

July 28, 2014

Export, remittance may take hit
The US dollar continues to depreciate against the Bangladeshi currency taka in the current month of July as the expatriate Bangladeshis are now sending robust amount of greenback to their relatives ahead of Eid-ul-Fitr. The central bank has already purchased US dollar worth $483 million from the local scheduled banks to keep stable the exchange Read more

Big crowd in last-minute Eid shopping

July 28, 2014

Eid shoppers of all ages thronged different shopping spots in the capital to buy necessary items at the eleventh hour of shopping. From morning till late night, there was huge rush of customers across the main shopping areas of Pathapath, Dhanmondi, Banani, Gulshan, Mirpur and Uttara to buy dresses, shoes, cosmetics and kitchen market items. Lower Read more

Inter-ministerial meeting ends inconclusive

July 28, 2014

Sim Replacement Tax
Inter-ministerial meeting ends inconclusive
Muhith to sit with telcos before making decision
An inter-ministerial meeting on the National Revenue Board’s claim of about Tk 3,011 crore SIM replacement tax from the mobile phone companies ended inconclusive on Sunday.
Finance minister AMA Muhith presided over the meeting at his office where posts and telecommunications minister Latif Siddique, NBR chairman Ghulam Hussain Read more

Banks asked to inform clients about inoperative ATM, POS

July 28, 2014

Bangladesh Bank on Sunday asked the scheduled banks to inform their clients by sending SMS and email on mandatory basis if they stop their Automated Teller Machines and Pont-Of-Sale services due to unavoidable circumstances. The BB issued a circular to managing directors and chief executive officers of all banks in this regard asking them to ensure the operating Read more

Jalil, Shakib head to head for Box Office dominance

July 27, 2014

Jalil, Shakib head to head for Box Office dominanceIt seems the filmdom of the country, known as Dhallywood, is acute with the rivalry of two ‘superstars’- MA Jalil Ananta and Shakib Khan. Both the actors dominated last year’s Eid-ul-Fitr. Jalil’s Nishshartha Bhalobasa (What is Love) and Shakib’s Purna Doirgha Prem Kahini did remarkably good business, and, by doing so, made the contemporary actors archrivals.
This Eid-ul-Fitr, the scene is Read more

Eid entertainment for children

July 27, 2014

Eid entertainment for childrenThe television channels have chalked out special programmes for children for Eid-holidays. Though the programme schedule is dominated mainly by drama series, films, musical programmes and talkshows, channels have arranged few programmes such as magic show, puppet show, magazine show and plays for children. One of the most talked about children’s programme on Eid is the eight-episode teleplay series titled Late Read more

Wahed and Mithun – the twinkling local stars

July 27, 2014

As the curtain fell on the Bangladesh Premier League on Friday with Sheikh Jamal Dhanmondi Club, Abahani Limited and Muktijoddha Sangsad Krira Chakra finishing as the top three teams but worryingly the platform for their success were provided by the goal machines from the land of Africa. In a country when the league’s ‘top-scores’ were used to be Read more

BB cuts pvt sector credit growth target amid failure to meet goals

July 27, 2014

Announces monetary policy for July-Dec
Bangladesh Bank on Saturday announced the monetary policy for July-December cutting down the private sector credit growth target to 14 per cent from 16.50 per cent in the previous six months after failing to achieve the targets for the last two years.
The BB, however, in another calculation showed Read more

Customs duty cut to cause Tk 625cr revenue loss

July 27, 2014

Withdrawal and reduction of customs duties at import stage as budgetary measures will cause a revenue loss of Tk 625 crore in the current financial year 2014-15, officials of the National Board of Revenue said. The highest Tk 450 crore revenue loss will occur because of reduction of supplementary duty on import of more than 745 products, they said. Customs wing Read more

Economists warn BB over foreign loans in pvt sector

July 27, 2014

Economists and experts on Saturday said the Bangladesh Bank initiative to attach the foreign loans with the private sector credit growth in the monetary policy for July-December 2014 would put an adverse impact on the country’s financial sector. They said that such type of initiative would encourage the businesspeople to take more foreign loan, which would hit the Read more

Banking sector caught up in trap: UO

July 27, 2014

Local think-tank Unnayan Onneshan has said that country’s banking sector was caught in a trap with high interest rate, excess liquidity and decline in growth in credit to private sector. In the July edition of monthly economic update, the UO said despite adopting deregulation and privatisation policy in the banking sector for more than a decade, the rate of interest Read more

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