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July 2023

Living cost, house rent mark sharp rise in city

The living cost in the capital witnessed a 11 percent rise in  2013 hitting hard the poorer section of the city’s over 1 crore population, according to an annual report released by the Consumers Association of Bangladesh (CAB). The cost of living has been calculated on the basis of the ‘weight’ of products and services available in consumers’ basket, said the report released on Wednesday. MINOLTA DIGITAL CAMERAIn line with the price hike of essentials, electricity, drinking water...

Zia sharing lead in Hastings Int’l Chess

GM Ziaur Rahman earned 3½ points after end of the 4th round games and sharing lead in the points table along with GM Mikheil Mchedlishvili of Georgia and GM Daniel Gormally of England in the Masters event of the 89th Hasting International Chess Congress-2013 is being held now in HorntyePark, Hastings, East Sussex in England. GM Ziaur Rahman playing with FM Neil Swuart  in 4th round games

AIBL holds Client’s Meeting in city

The Motijheel Branch of Al-Arafah Islami Bank Ltd (AIBL) has organized a Clients’ Meeting on the occasion of ending of Year 2013 followed by a banquet on Monday. 20140101 - AIBL Motijheel Press ReleaseManaging Director of the Bank Md. Habibur Rahman was present in the meeting as the chief guest. Founder Chairman AZM Shamsul Alam, Director of the bank Abdul Malek Mollah, Deputy Managing Directors Md. Mofazzal Hossain, Kazi Touhidu...

New ICAB President takes over charge

Showkat Hossain FCA has taken over the charge of the President of the Institute of Chartered Accountants of Bangladesh (ICAB) for 2014 at a formal ceremony held at ICAB Auditorium on Wednesday. Showkat replaced outgoing President Md Abdus Salam FCA who led the ICAB in an uneven time. Hand over take overThree New Vice-Presidents of ICAB; Kamrul Abedin FCA, Nasim Anwar FCA and  Dewan Nurul Islam FCA  were also present in the occasion. After taking charge, the new ...

Supun Weerasinghe joins Robi as CEO

Supun Weerasinghe has joined Robi Axiata Ltd (Robi) as the company’s new Chief Executive Officer (CEO) and Managing Director (MD) from the New Year’ 2014. Supun Weerasinghe replaces out-going Robi CEO Michael Kuehner, who has retired from full time corporate life. Michael will, however, continue to be a member of the Board of Directors of Robi Axiata Limited. SUPUN_Robi new CEOCommenting on his appointment, Supun stated that : “It is indeed an honour and privilege...

Tea shows gloom ahead of election

Tea prices in Bangladesh fell and sales dipped at a weekly auction on Tuesday ahead of elections on Jan. 5 which the main opposition has boycotted. teaAt the latest auction, Bangladeshi tea fetched an average of 191.64 taka ($2.50) per kg against 193.98 taka in the previous auction held on Dec. 24, an official from National Brokers Ltd said. Nearly 2 million kg of tea was offered at the auction centre in Chittagong, with 27 percent remaining unsold. Almost the same volume was offered and 11 per...