DSE seeks BSEC approval for single-scrip netting facility

December 30, 2014

BSEC may decide about the request Wednesday
The Dhaka Stock Exchange on Monday put forward a proposal that the Bangladesh Securities and Exchange Commission should allow single-scrip netting facility at the bourse as the new trading system introduced by the DSE is capable of preventing misuse of the scope.
The bourse made the proposal after its board had approved Read more

Dhaka stocks gain after three-day fall

December 30, 2014

Dhaka stocks ended positive on Monday after a three-day fall with an increased turnover amid a lacklustre countrywide dawn-to-dusk shutdown enforced by the Bangladesh Nationalist Party-led alliance. The key index of Dhaka Stock Exchange, DSEX, finished at 4,814.16 points, gaining 0.26 per cent or 12.81 points. Turnover at the bourse increased to Tk 189.58 crore on Monday Read more

Museum displays 100 artworks of Shilpacharya

December 29, 2014

Zainul Abedin’s Birth Centenary
Museum displays 100 artworks of Shilpacharya
Museum displays 100 artworks of ShilpacharyaThe opportunity to see the most celebrated original works of shilpacharya Zainul Abedin under a single roof does not present itself every day. Bangladesh National Museum is displaying selected 100 artworks of the master artist from its collection of Zainul’s 807 master pieces as part of the national programme that celebrates the artist’s birth centenary. The three-week exhibition will be inaugurated today by the Read more

Faruk awaits rare double as selector

December 29, 2014

Chief selector Faruk Ahmed is all set to achieve a rare honour when he will announce the 15-member Bangladesh squad for ICC World Cup next week. Faruk will be only selector to take the honour twice having already selected Bangladesh squad for World Cup 2007, arguably the most successful World Cup for the Tigers. ‘Definitely I am lucky,’ Faruk, who was serving his second term Read more

Kruif set to return on Jan 3

December 29, 2014

Sacked former coach Lodewijk De Kruif is all but confirmed to return to the charge of Bangladesh national football team for the Bangabadhu Cup international tournament in January, said the officials on Sunday. The Dutchman is expected to arrive on January 3 provided the Bangladesh Football Federation clears some of his unpaid wages it owed to him for his service in the previous Read more

Muktis hire Italian football coach

December 29, 2014

Italian coach Flavio Raffo arrived in Dhaka on Sunday to take charge of Muktijoddha Sangsad Krira Chakra for the upcoming football season. Muktijoddha appointed him as replacement of former coach Shafikul Islam Manik, who guided the team for the last three seasons.
The 41-year-old Raffo started his coaching career in 2006 Read more

Banks to monitor accounts of head of state, top officials, politicians

December 29, 2014

BB Circular On Money Launbering, Terror Financing
Banks to monitor accounts of head of state, top officials, politicians
Bangladesh Bank on Sunday asked scheduled banks to monitor the bank accounts of head of state, politicians and influential persons on regular basis to prevent money laundering and terrorist financing. The BB issued a master circular in line with Money Laundering Prevention Act 2012 and Anti-Terrorism Act 2009 to managing directors and chief executive officers of all banks saying Read more

BASIC to get Tk 790cr, Sonali Tk 710cr this week

December 29, 2014

Recapitalisation Fund For Scam-Hit State-Owned Banks
BASIC to get Tk 790cr, Sonali Tk 710cr this week
The finance ministry is set to inject Tk 1,500 crore into the two state-owned commercial banks—Sonali and BASIC—soon to shore them up from capital crunch and keep them afloat. The recapitalisation fund would be released this week, a senior official at the ministry said. Of the total recapitalisation fund, BASIC will get Tk 790 crore and the rest Tk 710 crore will be for Sonali. Read more

Legends, D’shwar throw race open

December 28, 2014

The title race of the Dhaka Premier League was thrown wide open after Legends of Rupganj and Prime Doleshwar beat two frontrunners Abahani Limited and Prime Bank Cricket Club respectively on the second round Super League matches on Saturday.
Kalabagan Cricket Academy also returned to winning ways Read more

Busan sink Jamal in five minutes

December 28, 2014

Two goals in first five minutes were enough for K-League outfit Busan I’Park to beat Sheikh Jamal Dhanmondi Club 2-0 in their friendly match at the Bangabandhu National Stadium on Saturday. Midfielder Kim Jingyu scored in just 45 seconds and Forward Yoon Dongmin doubled lead in the 5th minute to send a chill in Jamal tent in front of their several thousand supporters. Read more

B’desh cuts customs duty on 4,610 items for ’13, ’14

December 28, 2014

Safta Trade Liberalisation
B’desh cuts customs duty on 4,610 items for ’13, ’14
The government has cut the customs duties on 4,610 products for 2013 and 2014 calendar years for trade under the South Asian Free Trade Area, officials of the National Board Revenue said. They said that the revenue board on December 17 issued a statutory regulatory order in this connection with retrospective effect from January 1 for the years. ‘The traders who imported products Read more

‘Inclusive capital market reforms’ in offing

December 28, 2014

ADB to lend $250m for the programme
The government plans to embark on an ‘inclusive capital market reform programme’ with participation of pension and provident funds and introduction of Islamic bonds to energise the ailing stock business. Six broad areas of policy interventions are the salient features in the planned reforms under an ADB-financed programme, a senior finance ministry official said. The ministry Read more

Zainul Mela begins at Charukala

December 27, 2014

Zainul Mela begins at CharukalaA colourful, event-packed four-day long Zainul Mela began on the premises of faculty of fine arts of Dhaka University on Friday. The four-day fair features display of artworks by artisans across the country and students of fine arts faculty. The fair also features cultural shows, children art competition, alumni reunion and others. The fair is organised by the faculty as part of its month-long celebration of shilpacharya Zainul Abedin’s birth Read more

Final squad for WC almost done: Faruk

December 27, 2014

The national selectors are passing a very busy time as they are weighing all of their options before they finalise the 15-member Bangladesh squad for the forthcoming cricket World Cup.
The chief selector, Faruk Ahmed, told the media on Friday that they had already discussed player possibilities and would come up with the final squad before the Read more

Sheikh Jamal take on Busan I’Park today

December 27, 2014

Bangladesh champions Sheikh Jamal Dhanmondi Club wants to end the year on a high note when they take on K-League giants Busan I’Park in their one-off FIFA International club friendly match at the Bangabandhu National Stadium today. The match is set to kick off at 5:00pm and Channel 9, a private television channel, will telecast the game live. Jamal will be beaming Read more

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