NBR moves to introduce container tracking system

September 28, 2014

The National Board of Revenue is moving forward with an idea to introduce container tracking system in the country following an instruction given by finance minister Abul Maal Abdul Muhith though the customs officials consider the system less effective for traders.
Officials said that finance minister instructed them Read more

Decreasing current account balance to hit BoP: UO

September 28, 2014

Local think-tank Unnayan Onneshan on Saturday said that the decrease in surplus of current account would create pressure on the country’s balance of payments.
In the September issue of its monthly economic updates the UO said decline in import and import of capital machinery indicated that there was lack of entrepreneurship Read more

Telcos’ bill settlement with PSTN halted since July

September 28, 2014

Mobile operators urge BTRC to reconsider ‘uneven’ rate cut
The bill settlement between the mobile telephone operators and the public switched telephone network operators has remain stuck since July after the telecom regulator lowered the rate for PSTN operators. The Bangladesh Telecommunication Regulatory Commission in April 2014 issued a directive which lowered the call termination rate from PSTN to mobile operators to Read more

DSE fails to achieve targeted profit growth

September 28, 2014

The bourse makes Tk 135cr net profit
The demutualised Dhaka Stock Exchange fell short of its target of achieving 28.50 per cent profit growth as the profit of the bourse grew by 16.87 per cent in the financial year 2013-14 compared with that in the FY 2012-13. The bourse in FY14 made net profit of Tk 135 crore while its profit was Tk 115.51 crore in the previous year. The earning per share of the DSE stood at around Read more

150th show of Sonai Madhab staged at Shilpakala

September 27, 2014

Mymensingh Geetika Theatre Festival
150th show of Sonai Madhab staged at Shilpakala
150th show of Sonai Madhab staged at ShilpakalaNoted theatre troupe Loko Natyadal (Banani) staged the 150th show of one of its acclaimed plays Sonai Madhab on Friday evening at National Theatre Hall of Bangladesh Shilpakala Academy. To celebrate the 150th show of the production, the troupe has organised a six-day theatre festival, which will feature six plays based on Mymensingh Geetika, a collection of folk ballads of the Mymensingh region. The festival began Read more

Heart-break as women settle for silver

September 27, 2014

Bangladesh women’s cricket team lost an easy chance of grabbing country’s first gold medal in the 17th Asian Games when they lost to Pakistan by four runs in the final in Incheon on Friday. Some mindless batting in the last two overs saw the Bangladesh team collapsed from a firm position to be restricted to 38-9 chasing a target of 43 runs in seven overs in a rain-hit match at the Read more

So close yet so far

September 27, 2014

Bangladesh women cricketers were heart-broken when they came so close to being part of history before losing to Pakistan by four runs in the Asian Games final in Incheon, South Korea on Friday. Pakistan defeated Bangladesh in the earlier edition of the Asian Games when cricket discipline was introduced for the first time and yet they were left in tatters facing an opponent far Read more

BASIC plans to recover Tk 630cr bad loans by Dec

September 27, 2014

The reconstituted board of the scam-hit BASIC Bank has approved an ambitious action plan to shore up the battered state-controlled bank through significantly reducing its non-performing loan portfolio and making fresh lending to potential borrowers within this year.
The bank will recover classified loans of Tk 630 crore, Read more

10 banks fail to disburse any farm loan in Jul-Aug

September 27, 2014

Ten scheduled banks including six foreign banks failed to disburse any farm loan in the first two months of the current financial year 2014-15. The banks are Bank Al-Falah, Citibank NA, Commercial Bank of Ceylon, Habib Bank, National Bank of Pakistan, State Bank of India, The Farmers Bank, Modhumoti Bank, NRB Bank and NRB Commercial Bank. The BB will issue warning Read more

Spice prices rise ahead of Eid-ul-Azha

September 27, 2014

The prices of spices increased in the city’s retail markets over the week ending Friday as the demand for the items rose ahead of Eid-ul-Azha, a religious festival for Muslims.
Traders said recently the prices of the items increased on both the wholesale and retail markets due to increasing demand and strict monitoring along the Read more

Create new business partnership with Bangladesh, PM to US investors

September 27, 2014

Prime minister Sheikh Hasina has urged the US investors to create a new business partnership to help Bangladesh become a middle income country by 2021.
‘As we aspire to become a middle-income country by 2021, I call upon the US entrepreneurs to create new business partnerships by investing more to take Bangladesh-US Read more

Sylhet Metro City Securities sold clients’ shares without consent

September 27, 2014

CDBL informs CSE
Central Depository Bangladesh Limited has found that Sylhet Metro City Securities, a brokerage house of the Chittagong Stock Exchange, committed different irregularities as the firm sold and transferred its clients’ shares without taking their consent, CSE sources said.
The CDBL informed the matter to the CSE following a query Read more

Small is Beautiful

September 26, 2014

Solo exhibition by Azmeer Hossain
Small is BeautifulIn his first solo at Bengal Shilpalaya last year, artist Azmeer Hossain showcased 59 paintings pertaining to two series- Mindscape and Through the Mind’s Eye. It seemed that for the artist, what is more important is the perceiver than what is being perceived, as any change in the former can inevitably change the latter. In his ongoing solo at Shilpangan Gallery, Azmeer seems to solidify his stance as he has done a number of Read more

Bangladesh sends Jonakir Alo to Oscars

September 26, 2014

Bangladesh sends Jonakir Alo to OscarsKhalid Mahmud Mithu’s second feature film Jonakir Alo has been selected as Bangladesh’s entry in the Foreign Language Film category of 87th Oscars. The name of the selected film was revealed by the members of Oscars Selection Committee at a press conference at a restaurant in the capital on Thursday. Habibur Rahman Khan, noted filmmaker and chairman of the committee, made the declaration on behalf of the Read more

Artisans prepare for Durga Puja in Pabna

September 26, 2014

Artisans prepare for Durga Puja in PabnaIdol makers and design artistes in nine upazilas of Pabna are working with vigour and enthusiasm to prepare for the upcoming Durga Puja, which begins next Tuesday. A total of 305 puja mandaps are being set up in nine upazilas of the district for the upcoming Durga Puja, said Ganesh Chandra Ghosh, president of
the Durga Puja Udjapan Parishad of the district.
The entrance to every mandap is being Read more

Indian films high on sexualisation of women: UN report

September 26, 2014

Indian films high on sexualisation of women- UN reportIndia tops the chart in showing attractive women in movies and as much as 35 per cent of these female characters are shown with some nudity, finds a first-ever UN sponsored global study of female characters in popular films across the world, reports India Today. The study, commissioned by the Geena Davis Institute on Gender in Media, with support from UN Women and The Rockefeller Foundation, reveals deep-seated discrimination, Read more

Women cricketers do it again

September 26, 2014

Bangladesh beat Sri Lanka in semis, face Pakistan in the final today
Bangladesh women’s cricket team continued their brilliant performance in the Asian Games as they moved into the final after thumping Sri Lanka by 25 runs in Incheon, South Korea, on Thursday. The win at the Yeonhui Cricket ground set up a final against Pakistan, a repeat of the 2010 Guangzhou Asian Games final and ensured at least a silver medal for Bangladesh. The final will be Read more

Mashrafee set to be named ODI captain

September 26, 2014

Bangladesh Cricket Board president Nazmul Hasan dropped a strong hint on Thursday that Mashrafee bin Murtaza will be appointed as the country’s one-day international captain for the Zimbabwe series next week. Mashrafee is widely tipped to take over the ODI side from Mushfiqur Rahim after the BCB announced the plan for split-captaincy last month in the wake of a string of Read more

Tigers out to retain gold

September 26, 2014

Bangladesh cricket team will be looking to put aside their recent poor performances and gain some confidence for the future series when they play in the Asian Games, skipper Mashrafee bin Murtaza said on Thursday. Bangladesh, the reigning gold medallists, will leave home today for the meet now being held in Incheon, South Korea. Mashrafee will lead an almost full-strength Read more

‘A’ team complete series sweep

September 26, 2014

Saqlain Sajib grabbed five wickets in the second innings as Bangladesh A team completed an emphatic 118-run win over Zimbabwe A in the second four-day match to take the unofficial two-Test series 2-0 at Fatullah on Thursday. Chasing a target of 299 runs on the fourth and final day, the visitors were all out for 180 runs with almost an hour still to play as Saqlain finished with 5-75 Read more

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