ICB AMCL discloses NAV of different funds

The ICB Asset Management Company Limited (AMCL), a subsidiary of the Investment Corporation of Bangladesh (ICB), has announced the net asset value (NAV) of different open-ended Mutual Funds managed by the company, said a press release. According to the announcement,...

ICB AMCL discloses NAV of MFs

The ICB Asset Management Company Limited (AMCL), a subsidiary of the Investment Corporation of Bangladesh (ICB), has disclosed the net asset value (NAV) of Mutual Funds managed by the company, said a press release. According to the disclosure, the total...

Photo: Modhumoti Bank Limited (MBL)

Photo: Premier Bank Limited and Midland Bank Ltd signed an agreement

Businesses licking their lips to haul Tk100b from halkhata

Country's business community expects a collection of Tk 100 billion from halkhata, as Pahela Baishakh holds out promises of growing economic returns. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) appeared upbeat about such a turnover from the...

Film industry sinks into atrophy as it yields to tech

The glamour world of heroes and heroines appears to be getting into the twilight as the state-backed film corporation runs up cumulative losses in an outmoded movie business. Officials said the Bangladesh Film Development Corporation-nicknamed Dhallywood in the fashion of...

Dhaka Motor Show kicks-off

Road Transport and Bridges Minister Obaidul Quader on Thursday said that the government would consider reducing the fees of vehicle registration, reports UNB. "The government will consider reduction of vehicle registration fees as many people try to evade the registration...

SBI travel card launched in Bangladesh

State Bank of India (SBI), India's largest commercial bank, has formally introduced SBI Travel Card in Bangladesh recently, says a press release. Indian High Commissioner in Dhaka Pankaj Saran, deputy governor of Bangladesh Bank Naznin Sultana and SBI's chief general...

Online registration system for trade unions launched

Department of Labour (DoL) in cooperation with International Labour Organisation (ILO) has formally launched an online registration system for trade unions and their federations, officials said. The system has been posted on the website of Department of Inspections for Factories...

Carmudi becomes partner for Fast & Furious 7 release

 Carmudi, the leading online car trading portal, signed a partnership with Star Cineplex for the release of 'Fast & Furious 7', says a press release.  Through this partnership, Carmudi has become the official online partner for the movie release in...

News Briefs

Injured garment workers to get support Bangladesh Garment Manufacturers and Exporters Association (BGMEA) teamed up with For-Bangladesh, a Germany-based NGO, to provide treatment to garment workers injured in factory accidents. BGMEA and For-Bangladesh Association on Wednesday signed a memorandum of...

Photo: Niketan Hotel and Resort

Photo: Workers of a readymade garments (RMG)

Menon urges Biman to attract foreign tourists

A three-day international tourism fair began Thursday in the city to help draw local and foreign tourists into the country. A total of 50 tourism operators including local airliners are participating at the 'Dhaka Travel Mart 2015', being held at...

Rosatom presents booklets on nuclear energy at Ishwardi

Russia's state nuclear energy corporation Rosatom, with support of the Ministry of Science and Technology, has presented popular science book titled "Nuclear Energy: Questions and Answers" to various schools located at Ishwardi area where country's first nuclear power plant will...

Undisclosed income allowed for buildings, flats, not land

The revenue board, in a clarification, has made it clear that undisclosed money can be invested only in buying residential buildings and apartments without facing any queries from taxmen, but not in purchase of land. The special tax treatment on...

Boishakhi Fair begins Tuesday

A ten-day-long 'Boishakhi Fair 1422' will kick off Tuesday on the Bangla Academy premises with a view to celebrating the Bengali new year. Bangladesh Small and Cottage Industries Corporation (BSCIC) and Bangla Academy will jointly organise the fair, the corporation...

Power outage disrupts Robi\\\'s services

Power outage caused by the recent nor-westerly storms has disrupted Robi's mobile telecom services in many areas of the country, says a press release yesterday. Mobile telecom service is heavily dependent on availability of electricity. During planned power outage by...

Exchange Rate

Calm state of politics gives respite to trade, economy

The ongoing calm political situation has given the country's trade and economy a respite, which businesses and economists termed as a breakthrough after long stalemate. They also called upon the political parties to make the best use of the situation...

Road crash kills 25 in Faridpur

FARIDPUR, Apr 9 (Agencies): At least 25 people were killed (today) Thursday in a fatal road accident in Bhanga Upazila of Faridpur. A Barisal-bound bus of Sonartari Paribahan rammed into a number of trees near Koidubi in Bhanga Upazila at...

Teesta, LBA under active consideration, says Saran

The issue of sharing Teesta water and implementation of the Land Boundary Agreement (LBA) were under process and active consideration of the Indian government, said Indian High Commissioner Pankaj Saran on Wednesday. The Teesta water sharing would be settled through...

Govt to keep inflation rate at 6.2pc, targets 7pc GDP growth

The government is likely to keep the inflation rate at 6.2 per cent for the upcoming fiscal year (FY) 2015-16. It may set the growth of gross domestic product (GDP) at over 7.0 per cent. The inflation target has been...

UN for halt to Kamaruzzaman execution

The United Nations (UN) urged Bangladesh to halt the execution of war crimes convict Mohammad Kamaruzzaman while the European Union (EU) has called for commuting the death penalty. According to bdnews24.com, spokesperson for the UN High Commissioner for Human Rights...

Economy needs to grow at over 7pc : Economists

Economists at a conference on Thursday said Bangladesh's economy needs to grow at over 7.0 per cent rate for ensuring sustainable growth and eradicate extreme poverty. They also suggested the government to emphasise human resources development, enhance public investment in...

Prayer Timings

Kamaruzzaman just 15 yards off gallows

The death-row convict Kamaruzzaman was staying just 15 yards off the gallows in the Dhaka Central Jail on Thursday. He was brought to the room no. 7 of the Condemned Cell No. 8, as reported by online news portals until...

Large haul of gold in Ctg

CHITTAGONG, Apr 9: A large quantity of contraband gold has been found hidden at an electronic device warehouse in Chittagong. Kotwali zone's Assistant Commissioner Shah Abdur Rauf said they raided 'AC Mela' electronics goods warehouse at Sadarghat Thana late Wednesday. ...

20m India rupees recovered at Dhaka airport

Customs officials held a man along with 20 million Indian rupees in cigarette packets at Hazrat Shahjalal International Airport early Thursday. The arrestee was identified as Sajjad Hossain. The officials challenged the man in the airport's custom hall area around...

Raise accountability of banks, NBFIs: Muhith

Finance Minister AMA Muhith hoped Thursday that accountability of state-owned banks (SoBs) and non-bank financial institutions (NBFIs) would be ensured in the days to come. "This is also a part of reforms of these organisations. The reforms will ensure their...