Stocks rebound as budget review hopes dominate the week

June 29, 2014

Dhaka stocks rebounded last week after a two-week fall as budget review hopes helped investors to recover some confidence on the market. DSEX, the key index of Dhaka Stock Exchange, increased by 1.87 per cent, or 81.02 points, in the week to close at 4,409.43 points on Thursday. The daily average turnover of the DSE rose to Tk 287.34 crore from Tk 279.39 crore in Read more

Nagarik premieres Naamgotrohin

June 28, 2014

Nagarik premieres NaamgotrohinLate Pakistani writer Sadat Hasan Manto is not a familiar name to the Dhaka audience, nor are his scathing stories widely known to the locals here. Noted theatre troupe Nagarik Natya Sampraday, for its recent production, selected three of Manto’s short stories to acquaint local audience with works of the writer.
Kolkata-based thespian Usha Ganguly was invited to do the script and direct the three short and interconnected Read more

Eksho Bosta Chal visits Netrakona, Kishoreganj

June 28, 2014

Eksho Bosta Chal visits Netrakona, KishoreganjEksho Bosta Chal, a joint theatre production by Bangladesh Shilpakala Academy and the embassy of Japan in Dhaka, was staged yesterday at Netrakona District Shilpakala Academy. The play will see another staging at Kishoreganj District Shilpakala Academy today.The play is an adaptation of a famous Japanese play by Yuzo Yamamoto and has been translated in Bangla by noted theatre personality Abdus Selim, and directed Read more

Leave me alone: Mallika Sherawat on Antonio Banderas relationship

June 28, 2014

Leave me alone- Mallika Sherawat on Antonio Banderas relationshipBollywood actress Mallika Sherawat is not pleased with her link-up with Hollywood actor Antonio Banderas. After being held responsible for his split from wife Melanie Griffith, she says don’t pry into her personal life, reports India Today.
Mallika, who entered the Indian film industry in 2003 with Khwahish, was recorded on video dancing with the Desperado star during a party in Cannes two years ago. ‘I remember when they Read more

Sympathy, support for suspended Suarez

June 28, 2014

A simple, harmless bite on the shoulder of an opponent may have made Luis Suarez a global villain overnight, earning him a nine-match suspension, four months of stadium ban and a fine of 100,000 Swiss francs ($112,000), but not everyone is making a meal out of it.
Sympathy and support poured in from all over the world Read more

Aubergine, green chilli prices shoot up

June 28, 2014

The prices of aubergine and green chilli shot up in the city’s kitchen markets on Friday ahead of the fasting month of Ramadan. The prices of other vegetables, onions and potatoes also went up over the week in the retail markets. The prices of aubergine and green chilli almost doubled a day after imposing government ban on export of the items to keep the prices stable. Read more

39pc female apparel workers denied minimum wage: study

June 28, 2014

Thirty-nine per cent of female garment workers are still receiving lower than the government-set minimum wage of Tk 5,300 that was raised in December last year, a study revealed on Friday. Bangladesh Mahila Parishad has conducted the study titled ‘Women in Readymade Garment Industry: Understanding Capabilities and Vulnerabilities of Female Garment Workers Read more

Proposed stock gain tax likely to go

June 28, 2014

Parliament is going to pass today the Finance Bill-2014 scrapping the proposed tax on realised gains from stock investment for individual investors and increasing tax exemption limit on dividend income, finance ministry officials said.
They said that the government at the last moment Read more

Transformers 4 release in Bangladesh today

June 27, 2014

Transformers 4 release in Bangladesh todayThe fourth installation of popular science fiction action film Transformers, which is titled Transformers: Age of Extinction will hit the screen of the country today at Star Cineplex of Basundhara City. The release of the film in USA is also scheduled today. The film was premiered for invited guests yesterday evening. Star Cineplex has previously arranged to screen some of the most famous Hollywood films along Read more

Death anniversary of Bande Ali Miah goes unnoticed

June 27, 2014

Death anniversary of Bande Ali Miah goes unnoticedThe death anniversary of one of the major poets of the 19th century Bangla literature, Bande Ali Miah, who hails from the present Pabna district of the country, goes almost unnoticed.
Today is the 35th death anniversary of Poet Bande Ali Miah. Born on January 17 in 1906 in the village Narayanpur of Pabna district, poet Bande Ali Miah earned a name for his poems, prose Read more

Tarkata: barbed wire around the heart

June 27, 2014

Tarkata- barbed wire around the heartThe gang culture has suddenly become the hot topic in Bangladeshi films, featuring young stylish men working as the dependable cohort of social Godfathers. Of course, the young men are always good at heart, never disrespecting women, always finding time to play with children and hardly touching alcohol. They may well be saints working for the wrong side. So, in the recently released Dhallywood film Tarakata, we have Read more

Jatra pala upholds humanity above religious fundamentalism

June 27, 2014

Jatra pala upholds humanity above religious fundamentalismJatra pala titled Devi Sultana, demonbstrating the need of harmonic co-existence of all religions, was staged at the Experimental Theatre Hall of Bangladesh Shilpakala Academy on Wednesday evening.
Jatra troupe Joyjatra staged the pala.
Devi Sultana, which has been written by Bhoirob Nath Gangopadhyay and directed by Habib Sarwar, reveals the story Read more

Kamal becomes ICC president

June 27, 2014

Former Bangladesh Cricket Board president AHM Mustafa Kamal received huge applaud as he became the first Bangladeshi to assume the role of the International Cricket Council president at the annual conference in Melbourne on Thursday. Kamal, former vice-president of the ICC from 2012-14 and chairman of its audit committee, succeeded New Zealand’s Alan Isaac Read more

Tax-free limit of stock capital gain to be raised to Tk 20 lakh

June 27, 2014

Budget Fy 2014-15
Tax-free limit of stock capital gain to be raised to Tk 20 lakh
The government is likely to increase the limit of tax-free capital gains from stock investment for individual investors to Tk 20 lakh from the proposed Tk 10 lakh amid protest from the investors, officials of the National Board of Revenue said. The government may also reduce the proposed tax on realised capital gains and increase the slabs of gains bowing down the Read more

`Mistrust hindering regional cooperation’

June 27, 2014

Mistrust among the nations is the core problem hindering regional cooperation in South Asian region, said speakers at a luncheon meeting on Thursday.
They said despite having a number of regional organisations and initiatives to develop regional infrastructure, very little headway was made to promote Read more

Insurers say govt neglects insurance sector

June 27, 2014

Financial sector experts at a seminar on Thursday said that the government’s negligence was the major impediment to the development of the country’s insurance sector.
They also said that the members of the Insurance Development and Regulatory Authority were not equipped with enough knowledge about the Read more

Investment in NSCs soars to Tk 10,000cr

June 27, 2014

The net investment in the national savings certificates and bonds crossed Tk 10,000 crore in the first 11 months of financial year 2013-14 as the clients invested heavily in the savings tools due to lower rate of interest in scheduled banks’ deposit products.
According to the Directorate of National Savings data, Read more

BB launches Tk 100cr refinance scheme for new entrepreneurs

June 27, 2014

Bangladesh Bank on Thursday introduced a refinance scheme worth Tk 100 crore for the new entrepreneurs to encourage self-employment. The BB in a circular to banks and non-bank financial institutes said that the entrepreneurs, who had not accumulated any business experiences earlier, would be able to receive the loans from the refinance fund. The maximum Read more

BSEC rejects IFIC Bank’s time extension plea on rights offer

June 27, 2014

The Bangladesh Securities and Exchange Commission has rejected the time extension application of IFIC Bank for submitting rights offer documents to the commission after getting shareholders’ approval, a Dhaka Stock Exchange web post said on Thursday.
As per the rule 7(1) of the Securities and Exchange Commission Read more

Dhaka stocks end positive

June 27, 2014

Dhaka stocks ended positive on Thursday, last trading session of the week, but turnover at the bourse dropped as some investors remained cautious ahead of the budget approval.
The benchmark general index of the Dhaka Stock Exchange, DSEX, finished at 4,409.42 points, adding 0.13 per cent or 5.77 points. Turnover of the Read more

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