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Gold smuggling at an all-time high, Biman involved (!)

There was nothing unusual about the thrice-weekly Biman Bangladesh Airlines flight BG048 from Dubai via the Bangladeshi port of Chittagong which landed in the capital, Dhaka, at 8.30am on the morning of February 2. Except for the fact that it arrived two hours ahead of schedule — and that it carried a secret cargo: 485 gold bars stashed in compartments throughout the plane, in its toilets and life jacket cabinets. GoldThe seizure, totaling 135 pounds (61 kilograms) worth nearly $4 million, was the latest in a string of illegal gold shipments intercep...

Bank Asia Director Chowdhury dies

Dr. Md. Shafiuddin Chowdhury, former Sponsor Director of Bank Asia expired at United Hospital yesterday (17 February, 2015). He was 80 and suffering from old age complications. Dr ChowdhuryLate Dr. Md. Shafiuddin Chowdhury was Chairman of Soil Science Department of the University of Dhaka. He was also Chairman of Sea Resources Group. He left behind his wife, two sons, one daughter and a host of relatives, friends and well-wishers to mourn his death. Dr. Md. Shafiuddin Chowdhury was laid to rest at Azimpur Graveyard (Dhaka) after Na...

One Bank inks MoU with Grand Sultan Resort

ONE Bank Limited signed a Memorandum of Understanding (MoU) with Grand Sultan Tea Resort & Golf Resort, Srimongal recently. One BankMr. Gazi Yar Mohammed, Head of Retail Banking of ONE Bank Limited and Mr. Md. Sayedul Islam Bhuiyan, Head of Sales & Marketing of Grand Sultan Tea Resort & Golf, signed the MoU on behalf of their respective organizations. Under this MoU, OBL credit cardholders and OBL employees will enjoy up to 55% percent discount on rack room rents upon exhibiting their respective credit cards or employee ID card...

4 gas cos `dodged’ Tk 19,594cr in taxes

The country’s tax administration has demanded a total of Tk 19,594 crore from four major gas distribution companies, alleging that the companies dodged the amount in value-added tax and supplementary duty from 2009 to 2014. gasOfficials of the National Board of Revenue told that Titas Gas Transmission and Distribution Company, Karnaphuli Gas Transmission and Distribution Company, Bakhrabad Gas Transmission and Distribution Company and Jalalabad Gas Transmission and Distribution Company dodged the taxes between July 2009 and March 2014, reports the New ...

Sale Declaration of LRGLOBMF1

International Leasing & Financial Services Ltd., one of the Corporate Sponsors of the Fund, has expressed its intention to sell 46,57,909 dse cseunits out of its total holding of 51,76,376 units of the Fund at prevailing market price through Stock Exchange within next 30 working days.

Board Meeting schedule of UCBL

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on February 22, 2015 at 4:00 PM to consider, among others, audited dse csefinancial statements of the Company for the year ended on December 31, 2014.
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