Stocks fall for second day on Nizami verdict, GP profit drop

October 30, 2014

Dhaka stocks declined for the second trading session on Wednesday amid investors’ increased share selling as they were apprehending violent agitation by the Jamaat following a court verdict on Jamaat chief Matiur Rahman Nizami on war crimes charges.
On the other hand, decline in quarterly earning of Grameenphone, Read more

13th BPS photography exhibition at Shilpakala

October 29, 2014

13th BPS photography exhibition at ShilpakalaBangladesh Photographic Society has been an eventful platform to promote photography in the country since 1976. The society regularly organises monthly, yearly, national and international photography exhibitions and contests.
As part of its activities, the society has organised its 13th national photography exhibition and competition which began on October 24 at the National Art Gallery of Bangladesh Shilpakala Academy. Read more

Margarita Escarpa to play Spanish guitar at Goethe-Institut

October 29, 2014

Margarita Escarpa to play Spanish guitar at Goethe-InstitutAward-winning guitarist Margarita Escarpa will play Spanish guitar at a solo show at the Berlin Hall of Goethe-Institut at Dhanmondi in the capital tomorrow at 7:00pm. The Department of Spanish Language and Culture, University of Dhaka has invited the artiste to play at the solo concert. One of the most talented contemporary solo guitarists in Spain, Margarita Escarpa has performed in some of the most Read more

Arimdom premieres Ohom Tomosha at Chuadanga

October 29, 2014

Arimdom premieres Ohom Tomosha at ChuadangaChuadanga-based theatre troupe Arindom Sansgritik Sangathan premiered its latest production Ohom Tomosha at Chuadanga District Shilpakala Academy on Friday. Written by Anan Zaman and directed by Shamim Sagor, the play depicts the broken socio-political scenario of present day Bangladesh. But the depiction is not a linear one. The play shows the darkness (tomosha) of ego (ohom) and how it clouds its own liberation. Read more

Selectors plan support for Mushfiq

October 29, 2014

Selectors are weighing their options to provide support for batting stalwart Mushfiqur Rahim who is often seen running out of partners in Test matches.
Mushfiq is considered as one of Tigers main contributor in their batting line-up and lived up to his expectation to remain unbeaten on 23 runs during their Read more

BCB XI lose despite Imrul’s ton

October 29, 2014

Opener Imrul Kayes scored a century but it was not enough to stave off their second consecutive defeat for the Bangladesh Cricket Board XI in Acharya Memorial Challenger Trophy in Kolkata on Tuesday. The BCB XI lost to Karnataka XI by five wickets despite Imrul’s 100 off 104 balls featuring nine fours and three sixes propelling them to 260-9 in their stipulated 50 overs. Out of Read more

‘Tigers can beat anyone at home’

October 29, 2014

Bangladesh can beat anyone at home as they now have an even deadlier spin combination than before to extract maximum advantage, Zimbabwean coach Stephen Mangongo opined on Tuesday. The Tigers beat Zimbabwe by three wickets within three days as left-arm spinner Taijul Islam grabbed a record 8-39 in the second innings to set up a paltry 101-run target for the Read more

Bangabandhu Cup football in January third week

October 29, 2014

The long-awaited third edition of the Bangabandhu International Gold Cup Football Tournament will be held in the third week of the January next, the Bangladesh Football Federation decided it at an emergency meeting on Tuesday. Satellite television Channel 9 was awarded the sponsorship rights for 5-year as the BFF said they are planning to make it as a regular fixture. Channel 9, Read more

Jute growers suffer losses on low output

October 29, 2014

Production might have declined by 30-40pc
The country’s jute growers have incurred huge losses this season as most of them failed to achieve their production target due to unfavourable weather during the cultivation, growers and traders told New Age. They feared jute production might have declined by 30-40 per cent this year across the country due to severe drought in the beginning of the season and downpour Read more

Muhith blasts dev partners for ignoring responsibility

October 29, 2014

Finance minister Abul Maal Abdul Muhith on Tuesday said that the development partners were failing to fulfil their responsibility for the country’s development.
Muhith also said that there has been an aid fatigue among the country’s development partners who were trying to shrug off their responsibility. ‘The development Read more

Another RMG factory shut down for structural fault

October 29, 2014

The government-set review committee has recently closed a garment factory temporarily structural fault and asked its authorities to demolish the top floor of the building that was constructed illegally. The committee also reviewed two more factories and asked their owners to conduct Detailed Engineering Analysis immediately, people close to the factory inspection programme Read more

BSEC decision on ICB’s MF tenure extension plea today

October 29, 2014

The Bangladesh Securities and Exchange Commission will make its decision today regarding the Investment Corporation of Bangladesh-run eight close-ended mutual funds’ tenure extension proposals, BSEC senior officials told New Age. The ICB has recently submitted applications to the capital market regulator to extend its eight mutual funds’ tenure by 10 years. ‘The BSEC will Read more

Dhaka stocks fall as investors await Nizami verdict

October 29, 2014

Dhaka stocks fell on Tuesday as some investors went for sell-offs while many others took a wait- and-see policy following media reports that the International Crimes Tribunal-1 will deliver verdict in war crime case against Jamaat chief Motiur Rahman Nizami today.
The key index of the Dhaka Stock Exchange, DSEX, Read more

Salam joins Janata Bank as CEO, MD

October 29, 2014

Md Abdus Salam on Tuesday joined Janata Bank as chief executive officer and managing director. Prior to the new appointment, he was managing director of Bangladesh Krishi Bank. He also served as a DMD of Agrani and Janata banks, said a news release.
Salam started his banking career with Bangladesh Read more

Fazlul Haque Memorial Award conferred

October 28, 2014

Fazlul Haque Memorial Award conferredWell known film director Syed Salauddin Zaki and cine journalist Arefin Badal have been conferred with Fazlul Haque Memorial Award 2014. The award giving ceremony took place at the Westin hotel on Sunday.
Renowned litterateur Syed Shamsul Haque attended the award giving ceremony as the chief guest, while noted novelist Rabeya Khatun, the widow of Fazlul Haque presided over the programme. Read more

No safety body in 44pc RMG factories, DIFE survey finds

October 28, 2014

There is no safety committee in 44 per cent of garment factories in the country as the procedure for forming the committee is yet to be finalised, a recent survey conducted by the Department of Inspection for Factories and Establishments found. ‘Although the government has adopted the provision of safety committee in the amended labour law but due to an absence of rules Read more

Big reshuffle in income tax admin

October 28, 2014

The National Board of Revenue on Monday made a big reshuffle in its income tax administration transferring 27 commissioners across the country. The revenue board announced the decision through an official order issued on the day as a move to speed up its revenue collection efforts.
Three additional commissioners of taxes — Abdul Baten, Read more

Govt to procure 3 lakh tonnes of aman rice at Tk 32 a kg

October 28, 2014

The government on Monday decided to procure three lakh tonnes of husked Aman rice during the on-going Aman season at Tk 32 a kilogram from the millers.
The government decided not to buy un-husked rice from the growers, said food minister Qamrul Islam. He announced the decision at a press briefing at the Read more

Bangladesh re-elected ITU executive member

October 28, 2014

Bangladesh was on Monday re-elected executive member of the International Telecommunications Union in the 19th Plenipotentiary Conference of the forum.
Bangladesh got 115 votes out of 167 and secured seventh position in the election which was held in Busan of South Korea, said a press release issued by the Bangladesh Read more

Jump in machinery imports in Q1 raise money laundering suspicion

October 28, 2014

The imports of capital and other industrial machinery increased by 21 per cent in the first quarter of the current financial year compared with that in the same period of the FY2013-14 raising a suspicion of money laundering. According to the latest Bangladesh Bank data, the import of capital machinery and machinery for miscellaneous industries increased to $1.65 billion in Read more

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