Exporters should be keen for new market

2Staff Correspondent: (25 May 2017) Commerce Minister Tofail Ahmed yesterday said country’s exporters should be more active for new market to boost export.
“Now, many countries are providing duty and quota free access to Bangladesh that is why we have to expand our market in those countries and buoyant role of exporters is required for it,” he opined. The minister passed the observation while speaking at a roundtable
discussion organised by the Policy Research Institute (PRI) as the chief guest. Only pinning upon the European Union (EU) and the United State (US) markets will not be practical for the country rather “we have to move where Bangladeshi products have demand”, he added. Tofail mentioned the government has set priority to diversify the export basket and expand market as well as increase export earnings in the Seventh Five Year Plant. Referring
to the export earnings goal of US$ 60 billion by 2021, he said: Read the rest of this entry »

Permanent link to this article: http://www.daily-industry.com/2017/05/25/exporters-should-be-keen-for-new-market/

Tk 314.91crore budget approved for Parliament

Staff Correspondent:  The Parliament Secretariat Commission yesterday approved an estimated Tk 314.91 crore budget for Parliament to spend for its development and non-development expenditures for the next fiscal year (2017-18).
The approval was given at the 28th meeting of the Commission held at the Jatiya Sangsad Bhaban with Speaker Dr Shirin Sharmin Chaudhury in the chair.
Of the total budget, Tk 298.49 crore will be spent for the development sector while Tk 16.42 crore will be used for the non-development sector.
The meeting also approved the projected budgets for the 2018-19 and 2019-20 fiscal years. It also okayed the revised budget of the outgoing financial year.
Members of the Commission Prime Minister and Leader of the House Sheikh Hasina, Finance Minister AMA Muhith, Law Minister Anisul Huq and Nurul Islam Milon were present at the meeting. ASM Firoz attended the meeting at special invitation.

Permanent link to this article: http://www.daily-industry.com/2017/05/25/tk-314-91crore-budget-approved-for-parliament/

Nazrul’s 118th birth anniversary today

Staff Correspondent: (25 May 2017) The country will observe the 118th birth anniversary of National Poet Kazi Nazrul Islam today in a befitting manner. President Abdul Hamid and Prime Minister Sheikh Hasina paid rich tributes to the memory of the poet on the occasion of his 118th birth anniversary. The government has taken elaborate  programmes to observe poet Kazi Nazrul Islam’s birth anniversary.
Cultural affairs ministry will hold the main programme on that day in city’s Osmani Smrity auditorium.
President Abdul Hamid will address the programme as the chief guest.
Cultural Affairs Minister Asaduzzaman Noor will chair the programme while Nazrul Institute Trustee Board Chairman Professor Emeritus Rafiqul Islam will be present as the special guest. Nazrul’s granddaughter Khilkhil Kazi will deliver the welcome speech. Later, a cultural programme will be held.
The programme of the day will begin with placing of wreaths by the cultural affairs ministry at poet’s grave on the Dhaka University campus early in the morning.
The Nazrul Institute and the Shilpakala Academy will organize separate discussions and cultural functions marking the day.
The local administrations will also celebrate Nazrul’s birth anniversary at Trishal of Mymensingh, Daulatpur of Comilla and Chittagong.
The birth anniversary of the national poet will also be celebrated at educational institutions and district headquarters across the country.
Bangladesh Television, Bangladesh Betar and private television channels will air special programmes and print media will bring out special supplements highlighting the birth anniversary of the national poet.
In separate messages on the eve of the day, the President and the Prime Minister prayed for the eternal peace of his departed soul and wished success of all programmes marking his birth anniversary.
The President said in his message that Nazrul Islam is a time-winning poet in Bangla language and literature.
He is known as the ‘Rebel Poet’ in Bangla literature and ‘Bulbul’ (nightingale) in the arena of modern Bangla song, he said, adding that the poet’s colourful life and creative works are sources of endless inspiration for all, he added.
The President noted that the time-winning creations are invaluable resources of Bangla literature and world literature as well.
“We got inspirations from his write-ups during every democratic movement, including the anti-British movement, language movement, mass upsurge of 1969 and the Liberation War,” the President said.
In her message, Prime Minister Sheikh Hasina said Kazi Nazrul Islam was a poet of humanity, equality, and rebellion.
“He is the ‘bulbul’ (nightingale) of modern Bangla songs. He emerged in Bangla literature as a comet,” she said.
Nazrul had multifarious talents. He is not only the rebel poet, but also a story writer, novelist, essayist, journalist, editor and translator at the same time, she added.
The Prime Minister said Nazrul was a symbol of non-communalism and nationalism and he was vocal against oppression and exploitation.
His songs and poems had encouraged anti-British movement in the subcontinent and later those had inspired people of Bangladesh during the War of Liberation, she added.
She recalled that Bangabandhu had brought the poet to Bangladesh from India and offered him citizenship.
She said the poet had a dream to establish a non-communal and discrimination and exploitation-free peaceful society.
“We’ve been working to establish this society,” she added.
Kazi Nazrul Islam was born on the 11th Joishtha in Bengali calendar year 1306 in Churulia, near Asansol in the Burdwan district of West Bengal.
He was famous for his fiery poem Bidrohi (The Rebel) and his many melodious songs. He was a poet, lyricist, musician, revolutionary and philosopher.
The nation got inspirations from Nazrul’s poems and songs during the great Liberation War and all democratic movements and struggles.
There are 2,400 of his songs, and together, they are known as Nazrul-Geeti or Nazrul Sangit. He composed the songs, which he liked to tune himself.
Considering his impressive talent, Rabindranath Tagore dubbed him as Saraswati’s bor-putra (the gifted son of the Goddess of learning).
Nazrul was the poet of rebellion against injustice and taboos. His nickname was Dhukhu Miah (Mr. Sorrow). True to his name, Nazrul suffered a lot in his life.
His father died in 1910 while he was still at school and he became the breadwinner of the family working for a bakery company, Wahid’s, the most well known in north Bengal at that time.
Later, he resumed studies at Darirampur, Trishal, Mymensingh. But he left his studies to join the British Indian Army as a non-commissioned officer and was posted to Karachi.
He left the army and settled in Kolkata, where he started publishing a fortnightly, Dhumketu (The Comet).
The magazine had a fiery tone and was critical of the British rule in India. He soon found himself in prison for publishing a poem written by him, “Anandomoir Agomon” (Advent of Goddess Durga-the Goddess of destruction of all evil).
In prison, he did not stop writing. He wrote, “Rajbandir Jabanbandi” (Deposition of a political prisoner). After a prolonged hunger strike, Nazrul was released from the prison. But throughout the ‘20s he found most of his work banned.
After the death of his second son, Kazi Bulbul, the poet was sad. He wrote, “My nightingale sleeps forever.”
Although known for his rabid criticism of imperialism, social and religious taboos, Nazrul also explored the themes of love, romance and devotion.
He also introduced a robust style that was very bold and innovative. His use of Persian and Arabic words in Bengali poetry also opened up new literary horizons. In the ‘30s the leading gramophone company of India, HMV, as a lyricist, employed him full-time.
Later All-India Broadcasting Authority employed him. But his luck once again ran out and in 1942, he developed a rare neurological disorder that led to the loss of his voice and memory. Doctors in Vienna diagnosed it as Pick’s disease.
After independence, Nazrul was declared the national poet and he was brought to Dhaka from Kolkata. He died here in 1976 and was buried beside the grave of the central mosque at Dhaka University.
In his short articulate years, he also wrote and directed a play, Byathar Dan (The gift of pain).

Permanent link to this article: http://www.daily-industry.com/2017/05/25/nazruls-118th-birth-anniversary-today/

Shringla stresses BD-India joint efforts to explor sea

Staff Correspondent: (25 May 2017) Bangladesh and India will be able to tap enormous economic benefits if the two close neighbours can work together to exploit sea resources and expand connectivity, said Harsh Vardhan Shringla, Indian High Commissioner to Bangladesh.
“Bangladesh and India reached an amicable settlement of their maritime boundary that has opened up enormous potential of cooperation on blue economy,” he said while speaking as the chief guest at the annual conference of the International Business Forum of Bangladesh (IBFB) yesterday.
Former governor of Bangladesh Bank Dr Mohammed Farashuddin, former president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Matlub Ahmad and founding president of IBFB Mahmudul Islam Chowdhury, among others, spoke on the occasion. IBFB president Hafizur Rahman Khan presided  over the 12th conference of the research and advocacy based non-profit trade body.
The Indian High Commissioner said India wants to work closely with Bangladesh to exploit sea resources and crease a secure and sustainable Bay of Bengal.
He said greater connectivity and linkages can create enormous opportunities for both Bangladesh and India.
Dr Farashuddin laid emphasis on exploiting the seabed resources and said India can take the leadership in using very rare and precious creators in the deep seawater.
Mentioning the non-tariff barriers between Bangladesh and India, Matlub Ahmad said non-tariff barriers may be there but India will resolve those if the specific barriers are pointed out.
He laid emphasis on exploring new export markets and expanding the basketto boost overall export from Bangladesh. IBFB president Hafizur Rahman urged the Indian High Commissioner to take effective measures to minimize the existing trade deficit. Removal of non-tariff barriers will lead Bangladesh-India relationship to the next level of excellence, he added.

Permanent link to this article: http://www.daily-industry.com/2017/05/25/shringla-stresses-bd-india-joint-efforts-to-explor-sea/

Country faces 3400 MW power shortage daily

Heatwave to last 4 more days

1Arun Sarkar: (24 May 2017) The country faces acute power outages as a 3,400 megawatt power shortage grips the country. The situation turned worse after the country was hit by scorching weather since beginning of this month. From different districts said the villagers and people in towns, including big ones like Dhaka, Chittagong, Sylhet, Khulna, Rajshahi and Barisal are facing on an average 10-hour power outage a day. Low-voltage was also a problem. This power outage has apparently caused by increased use of electricity due to the recent heat wave and closure of some big power stations.A few of the power plants were closed down for repairs ahead of Ramadan while one or two have suddenly been shut due to technical glitches.
State minister for power, energy and mineral resources, Nasrul Hamid, said the situation will improve in four days.
That means the power outages will continue for two or three days more due to the gap between demand and supply. Read the rest of this entry »

Permanent link to this article: http://www.daily-industry.com/2017/05/24/country-faces-3400-mw-power-shortage-daily/

Citycell office to be auctioned

Staff Correspondent: (24 May 2017)  Pacific Centre, the headquarters of the country’s first mobile phone operator Citycell, has been put up for auction. The National Bank Ltd took the decision for realising its Tk 4.5 billion outstanding loan. The auction would be taken place on 18 June.
BNP leader and former foreign minister M Morshed Khan is the chairman  of Pacific Group, owner of Citycell. Citycell sources said the company received Tk 6 billion as loan from National Bank in two phases. From the received amount, Tk 2.5 billion was paid to the Bangladesh Telecommunication Regulatory Commission (BTRC). The Pacific Centre was mortgaged for the loan.
The first phase loan of Tk 3.5 billion has now stood at Tk 4.54 billion including interest. A total of eight floors, from 6th to 13th, will be put up for auction to realise the loan. Each floor is 4,850 square feet in size.

Permanent link to this article: http://www.daily-industry.com/2017/05/24/citycell-office-to-be-auctioned/

Ex-Cox’s Bazar DC sent to jail

Cox’s Bazar Correspondent: (24 May 2017) Md Ruhul Amin, who is now deputy secretary at the Economic Relations Division, has been sent to jail on charges of embezzling Tk 462 million after seeing his appeal for bail extension rejected. Ruhul Amin allegedly embezzled the money from Matarbari coal-fired power plant project when he was deputy commissioner of Cox’s Bazar district in 2014. He appeared before the Chief Judicial Magistrate of Cox’s Bazar, Md Toufique Aziz, and sought extension of his bail granted by the High Court on Monday.  But the magistrate threw out his petition and ordered him into jail. His name appeared in media reports last year when departmental actions were taken against him for inefficiency and misconduct. Read the rest of this entry »

Permanent link to this article: http://www.daily-industry.com/2017/05/24/ex-coxs-bazar-dc-sent-to-jail/

17,000 BCS primary headmasters soon

2Staff Correspondent: (24 May 2017) Primary and Mass Education Minister Mostafizur Rahman yesterday said 17,000 vacant posts of headmaster in primary schools will be filled up soon. “We have already recruited 998 primary school headmasters from the 33rd BCS. The rest vacant posts will be filled up soon,” said the minister  while talking to reporters after a meeting at the secretariat. Besides, some assistant teachers will be promoted as headmaster to fill-up the vacant posts considering their seniority, he said.
He said that the vacant posts could not be filled up in the last eight years as a case was under trial since 2009. The minister said that there is a rule that 65 percent posts of headmaster will be filled up from assistant teacher post and rest 35 percent by direct recruitment and BCS.

Permanent link to this article: http://www.daily-industry.com/2017/05/24/17000-bcs-primary-headmasters-soon/

IBBL vice chairman Ahsanul removed

3Staff Correspondent: (24 May 2017) The board of directors of Islami Bank Bangladesh Ltd (IBBL) removed Syed Ahsanul Alam from his post of vice chairman at the bank following the demands made by shareholders. Ahsanul, however, will continue as an independent director and there will be one post of vice chairman at the bank from now on. The decision was taken at the board meeting held  immediately after the bank’s 34th Annual General Meeting (AGM) at Kurmitola Golf Club yesterday.
The board has decided to keep one post of vice chairman and Yousif Abdullah Al-Rajhi will continue with this post, Arastoo Khan, chairman of the bank, told reporters after the board meeting. He said Ahsanul has been removed from the post of vice-chairman but he will act as an independent director at the bank. Ahsanul, who joined the bank in May 2016, was not seen to be present at the AGM and board meeting held yesterday.

Permanent link to this article: http://www.daily-industry.com/2017/05/24/ibbl-vice-chairman-ahsanul-removed/

Raintree Hotel evades Tk 8.27 lakh duty, VAT

Staff Correspondent: (24 May 2017) Raintree Hotel managing director Shah Mohammad Adnan Harun appeared at the CIID head office at Kakrail in Dhaka yesterday morning. At that time, his paternal uncles Mujibul Huq Kamal and Akbar Hossain Manzu, cousins Hasib Rumi and lawer Jahangir Kabir accompanied him.
Dhaka:  Proof of evading import duty and value added tax (VAT) has been found against the Raintree Hotel authorities, said the Customs Intelligence and Investigation Directorate (CIID). Read the rest of this entry »

Permanent link to this article: http://www.daily-industry.com/2017/05/24/raintree-hotel-evades-tk-8-27-lakh-duty-vat/

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