Symphony FT15

Symphony FT15 Mobile Phone

Symphony FT15

Main Features

JAVA(Built in operamini)
SRS amplifier, optical Track pad
FaceBook, MSN
Yahoo Messenger, Google Map

Govt to instal 45 Land Information Service Centre (LISC) at upazila level

The government has taken a project to instal Land Information Service Centre (LISC) at 45 upazilas in seven districts for providing quality land related services to the people through introducing Digital Land Management System (DLMS).

"The project aims to ensure good governance in land administration management by introducing DLMS," said Md Abdul Mannan, Director General of Department of Land Record and Survey.

He informed that people will get the opportunity to collect all kinds of computerized land related data from the information service centres.
News Source: BSS

India to allow Bangladesh garments duty-free access

India plans to delete 48 apparel items from its sensitive list to allow Bangladesh garment sector duty-free access to Indian market.This will allow Bangladesh's garment industry, which accounts for 80% of the country's total manufacturing, duty-free access into India, the Economic Times says.

Bangladesh wants India to remove 61 items, including 48 readymade garments, from the list of protected goods.

The Economic Times says Prime Minister Manmohan Singh and chief ministers of eastern and northeastern states will push for a thaw in relations with Bangladesh by talking trade next week in Dhaka.

"We are considering Bangladesh's request of deleting 48 apparel items from the sensitive list," a commerce department official was quoted by Economic Times as having said.

Bangladesh wants several other things to be scrapped from the list, including natural rubber, toilet tissue stock, sanitary napkins and paper or paperboard labels. Some of these might continue to remain on the list.

News Source: UNB

Bangladesh Govt allocates over Tk 3.08b to BSCIC projects

The government has allocated more than Tk 3.08 billion to the implementation of nine projects under Bangladesh Small and Cottage Industries Corporation (BSCIC), officials said.

Industries Minister Dilip Barua told the FE, "We have started working on land acquisition, earth filling, construction, training and loan disbursement. More than Tk 3.08 billion has been allocated to implement all the nine projects."

The nine projects are Leather Industrial Estate at Savar, Active Pharmaceutical Ingredient (API) Park at Munshiganj, Benarasi Palli Development Project at Rangpur, Mirsarai Industrial Estate, Gopalgonj Industrial Estate Extension, Satranji Industry Development Project at Rangpur, Comilla Industrial Estate Extension, BSCIC Special Economic Zone at Kushtia and Sirajganj Industrial Park.
News Source: The Financial Express

Dipu Moni for boosting trade with Egypt

Foreign Minister Dr Dipu Moni underscored the need to further tap the unexplored avenues of cooperation between Egypt and Bangladesh particularly in the field of trade and investment.

The opinion came when the outgoing Egyptian Ambassador to Bangladesh Mostafa Fayez Noseir paid a courtesy on Foreign Minister Dr Dipu Moni today(Thursday).

During the call on the Foreign minister expressed satisfaction over the existing friendly bilateral relations between Bangladesh and Egypt and appreciated the active role played by the Ambassador in strengthening the relations during his tenure.

The Foreign Minister said that the two countries are deeply connected by the elements of commonality in history and culture. She mentioned the recent surge in bilateral trade and export of Bangladeshi manpower to Egypt.

The Ambassador expressed his warm appreciation for the guidance and support provided by the Government of Bangladesh during his tour of duties.

Describing his four year stay in Bangladesh as ‘wonderful experience’ he mentioned that Bangladesh’s progress towards attaining economic and social development is most encouraging.

News Source: UNB

Dhaka, Delhi closer to inking deal on textiles, jute

Bangladesh is set to sign an agreement with India as both countries seek to broaden cooperation in cotton, jute, silk, handlooms, clothing and fashion industries.
The five-year agreement between textile and jute ministries of the two neighouring nations could be nailed down during next month's visit of Indian Prime Minister Manmohan Singh to Dhaka, officials said.
News Source: The Financial Express

BB puts on hold decision about new private banks

The board of directors of Bangladesh Bank (BB) has kept in abeyance a proposal to issue lincences for new private commercial banks (PCBs), officials said Wednesday.

The decision came at a meeting, held in the central bank Wednesday with the Bangladesh Bank (BB) Governor Atiur Rahman in the chair.

"The issue has been discussed but no decision was taken at the meeting," a BB senior official told the FE, adding that the central bank has provided a study report, along with the existing Bangladesh Bank Order and Bank Company Act 1991, to the directors for taking a concrete decision in this connection.

"The Board may take a final decision on setting up of new commercial banks in its next meeting which will he held next month," the central bank official stated.

The central bank has placed a study report to its Board meeting seeking a decision on issuing new lincences for setting up PCBs.

The study report was prepared, incorporating all necessary information including the growth of the country's banking industry, considering its population, another BB official said.

"The board will have to take a fresh decision on the issue as there is a bar to establishing new banks. The Board imposed the bar in 2005 considering the country's socio-economic condition," a central banker told the FE earlier.

Besides, the central bank has already finalised a fresh guideline, spelling out details that the intending sponsors will have to follow while filing applications for setting up new banks.

"We'll publish the guideline along with advertisement, inviting fresh applications from interested entrepreneurs to establish new banks, if the board gives its approval for allowing new PCBs to operate," the BB official added.

Earlier, Finance Minister AMA Muhith said issuing of licences for new banks is a "political decision" of the government, by-passing the reservation of the central bank over the move, in view of the country's banking sector being already "over-saturated".

"It is our political decision to issue licences for new banks in the country, despite reservation made by the BB," Mr. Muhith told economic reporters in Dhaka on July 24 last at a post-budget discussion on challenges of the new fiscal year.

Asked then whether the decision is aimed at favouring political leaders, the minister said, "it might be".

"We'll be guided by our board," BB Governor Atiur Rahman told reporters on July 30 last while replying to a query relating to the government's political decision to issue licences for new banks.

On June 29 last, the finance minister told Parliament that the government would invite applications from entrepreneurs willing to establish new banks and life insurance companies.

Currently, a total of 47 commercial banks are in operation in Bangladesh.
News Source: Financial Express

SymphonyD36 Mobile Phone: PRODUCT DETAILS

SymphonyD36

Main Features
* MP3, MP4, FM
* Bluetooth
* WAP
* 1800 mAh Battery

SymphonyF100 Mobile

LG Thrill P925 Mobile Phone

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SymphonyF100 Mobile Phone: PRODUCT DETAILS

SymphonyF100
Main Features
* 2 MP Camera
* MP3, MP4, FM.
* Bluetooth, Audio, Video & Call recorder.
* Java

Symphony F70 Mobile Phone

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Symphony F70 Mobile Phone: PRODUCT DETAILS

Symphony F70

Main Features
* 2.0” TFT Celam Shll
* MP3, MP4, FM
* 900 mAh Li-ion
* WAP

Symphony SL75 Mobile Phone

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Symphony SL75 Mobile Phone: PRODUCT DETAILS

Symphony SL75 Mobile Phone

The Symphony SL75 is a stylish slider mobile phone with QWERTY keypad & trackpad. You can enjoy music with SRS WOW amplifier. This java enabled phone featured with opera mini browser. To connect with friend it is built with Facebook, MSN & Yahoo messenger & more…

Main Features
* Swivel Slider
* 2 Mega Pixel Camera
* MP3 & MP4 Player, FM Radio
* Built in Opera mini, MSN & YAHOO Messenger, Facebook

Symphony B10 Mobile Phone

Symphony FT15 Mobile Phone: PRODUCT DETAILS

Symphony Mobile Phone is a part of leading telecommunication and Consumer Electronic group SB Tel Enterprise Limited (a legal Unit of Edison Group) The group is operated by Entrepreneurs who were behind establishing two very popular mobile phone brands in Bangladesh: Siemens and BenQ।

Symphony FT15 Mobile Phone

Symphony FT15

Main Features

JAVA(Built in operamini)
SRS amplifier, optical Track pad
FaceBook, MSN
Yahoo Messenger, Google Map

Symphony FT30

Symphony FT30 Mobile Phone: PRODUCT DETAILS

Symphony Mobile Phone is a part of leading telecommunication and Consumer Electronic group SB Tel Enterprise Limited (a legal Unit of Edison Group) The group is operated by Entrepreneurs who were behind establishing two very popular mobile phone brands in Bangladesh: Siemens and BenQ।

Symphony FT30

Symphony FT30offers 3.2" TFT QVGA full capacitive touch screen with 2 Mega Pixel camera. You can even explore the INTERNET with the Wifi enabled FT30. To connect with friends it is loaded with facebook, MSN, Yahoo messenger.

Main Features
* 2 Mega Pixel Camera
* Capacitive Full Touch Screen
* MP3 & MP4 Player, FM Radio
* Built in Opera mini, MSN & YAHOO Messenger, Facebook

Symphony FT05

Symphony FT05 Mobile Phone: PRODUCT DETAILS

FT05

Main Features
* 2 Mega Pixel Camera
* MP3 & MP4 Player, FM Radio
* Full Touch Screen
* Built in Opera mini

Symphony FT40

Symphony D61 Mobile Phone: PRODUCT DETAILS

Symphony D61 Mobile Phone

Main Features
* VGA Camera
* MP3 & MP4 Player & FM Radio
* 1800 mAh Li-ion Battery
* Extended up to 2GB

Bhutan wants to import purchase tech from Bangladesh

The Bhutanese government has expressed keen interest in taking support from Bangladesh on capacity development for its public procurement.

Chief Programme Officer of the Public Procurement Policy Division (PPPD) of Bhutan Dhenden Dhondup expressed the interest while visiting Central Procurement Technical Unit (CPTU) of IME Division of the Ministry of Planning in the city Wednesday, according to a press release.

The four-member e-GP study team of PPPD under the Ministry of Finance of Bhutan is now on a two-day visit in Bangladesh to learn and take stock of reforms being implemented in the process of public procurement here.

The CPTU has been implementing the Public Procurement Reform Project-II with the assistance from the World Bank since 2007. Institutionalising procurement capacity, improving procurement management, electronic government procurement (e-GP) and social awareness on public procurement are now being implemented by CPTU under the PPRP-II.

During the meeting with the CPTU officials, Mr Dhondup said the Kingdom of Bhutan has also taken up a project to improve capacity of its procurement officials, raise awareness among stakeholders and introduce electronic procurement.

The team extensively came across the e-tender initiatives taken up by CPTU. It has visited the Central e-GP Data Centre established by CPTU, e-GP Guidelines and other facilities in this connection.
News Source: The Financial Express

BR will introduce commuter trains

Bangladesh Railway will introduce commuter trains on different routes within the next 15 months to facilitate short-distance passengers.

Communications minister Syed Abul Hossain made the announcement on Thursday after signing a deal with China's Tangshan Railway Vehicle Company to procure commuter trains.
News Source: bdnews24.com

Symphony FT10 Mobile Phone: PRODUCT DETAILS

Symphony FT10 Mobile Phone

Main Features

* 2 Mega Pixel Camera
* MP3 & MP4 Player, FM Radio
* Full Touch Screen
* Built in Opera mini, MSN & YAHOO Messenger, Facebook

Symphony FT40

SEC plans to bring discipline in Omnibus Accounts

The Securities and Exchange Commission has planned regulations for the Omnibus Accounts in two weeks as they were the "real culprits" behind the December-January stock market crash, an SEC member said.

"We'll take decision within next two weeks regarding the Omnibus Accounts," SEC member Helal Uddin Nizami told on Monday evening.

Nizami, a professor of Accounting and Information System Department of Chittagong University, said merchant banks and state-run investment bank ICB have huge number of Omnibus Accounts, which are not under the surveillance of the SEC.

He said this kind of accounts is the real culprit behind the recent share market debacle, which saw the benchmark Dhaka Stock Exchange General index plunging 45 per cent in just six weeks, wiping out savings of thousands of investors.

An omnibus account is a specific stock holding account that involves multiple investors. The individual investor does not have his or her name attached to the account, but still they are actual stock holders.

Such accounts only show the aggregate volume of shares that are posted into those accounts. As a result, it is not possible to trace out the issue-wise or client-wise transactions of actual number of shares.

The newly appointed SEC member said the regulator would bring discipline to these accounts in an effort to stabilise the market and avert future crash.

"A vested group is there who favour continuing such accounts, but we are determined to bring discipline in this kind of accounts," he said.

He said the SEC is helpless to track down transaction made through the Omnibus Accounts as these are not under the jurisdiction of the regulator.

"It is very difficult to find out the records of these accounts from the Central Depository Bangladesh Limited (CDBL) and it takes a lot of time to figure out their transaction," he said.

"You can find out every individual's BO (Beneficiary Owner) account information from the CDBL. If a single BO account holder transact crores (one crore= 10 million) of taka this can be figured out," he said. "But this is not easily possible in case of the Omnibus Accounts," he added.

The SEC member said the Omnibus Accounts would have to be operated like the other BO accounts. "They'll be just like the other BO account holders, nothing else." His comments echoed the findings of the government-appointed share scam probe body, which revealed that at least Tk 2,500 crore ( Tk25 billion) was traded from the hidden or omnibus accounts ahead of the market crash.

The committee has found that these hidden accounts were used as a major tool of stock market manipulation. According to the probe body's report, Tk2,348 crore (Tk23.48 billion) was traded from nine omnibus accounts of the ICB alone.

The committee held responsible 30 big traders including the ICB for the share market debacle and said most manipulators did trading through the Omnibus Accounts. The probe body headed by an ex deputy governor of the central bank, however, could not identify the traders who were suspected of using Omnibus Accounts in a bid to elude detection of their foul-play.

The report says most big players chose omnibus accounts to gamble in the market, as it is not possible to find out issue-wise or client-wise transactions of actual number of shares from the Omnibus Accounts. There was no transparency in transactions made from these hidden accounts and the account holders, although well-known figures, had traded through Omnibus Accounts, not beneficiary owner (BO) accounts, said the probe report.

News Source:

The Financial Express

Govt clears way for India’s use of Ctg port for transit

A government committee has cleared the way for use of the available facilities at Chittagong port by India as a transit point.

It found the facilities in the sea-port sufficient at this stage for taking any extra load because of the additional requirements on account of transit.

The approval by the committee has come at a time when domestic port-users have been complaining about frequent congestion in the terminals and depots at Chittagong port because of a steadily growing volume of sea-borne cargo, to, and from, Bangladesh.

The volume has been increasing at an annual rate of 15 per cent over the years.
News Source: Financial Express