Thursday, May 15, 2025

Septic tank gas kills 2

Two labourers died after inhaling toxic gas trapped inside a septic tank in a housing plot at Colonel Hat of Chittagong city yesterday morning. The deceased were identified as Abdur Rahman, 50, of Chandpur and Md Kamal, 50. Police could not trace the latter’s residence

Bangladesh to lease Sudanese farmland

Bangladesh yesterday signed a memorandum of understanding (MoU) with South Sudan to take a 10-year lease on Sudanese farmland to grow crops aimed at ensuring food security of both the countries. Bangladesh and Sudan will jointly produce rice, lentil, oil, cotton and other crops on the leased land and share the produces between the two ... Read more

‘Rakhi Bandhan’ celebrated at Indo-Bangla border

Sisters of India and Bangladesh along with border forces of two countries celebrated the ‘Rakhi Bandhan’ at Hili border under Hakimpur upazila of Dinajpur on Thursday, setting a unique example of brotherhood. High officials of Border Guard Bangladesh (BGB) and Border Security Force (BSF) of India along with male and female were present at the ... Read more

LPG sold at high price in Sylhet

Liquefied gas cylinders are being sold in Sylhet at almost double the price set by Bangladesh Petroleum Corporation in absence of proper monitoring over the market. A dishonest quarter comprising some officials and employees of BPC distributors—viz. Padma, Meghna and Jamuna oil depots and their authorised dealers—is engaged in creating artificial crisis in

Automation of BRTA to begin next year

The automation of Bangladesh Road Transport Authority (BRTA) under a US$2.7 million project is expected to begin in the second quarter of 2013. Korea International Cooperation Agency (Koica) will fund the “Digital BRTA” project, says a press release. An Implementation Survey Team from Korea visited Bangladesh from July 29 to

Doubt over benefits of FTA with India

Analysts yesterday expressed doubt over a World Bank idea that a free trade agreement (FTA) with India will boost Bangladesh’s exports to the neighbour. Instead of an FTA, they stressed increasing trade facilitation, market access, regional connectivity and investment to raise Bangladesh’s exports to

Eid spurs remittance flow

Remittance inflow rose by 17.55 percent to $1.19 billion in July from a year ago, riding on the upcoming Eid festival. The central bank governor yesterday sat with chief executives of all banks at his office in the capital to discuss ways to increase the flow of remittances. Bangladesh Bank will organise roadshows in the USA ... Read more

BB to analyse health of state-owned banks

The central bank has opened in-depth analyses of the financial health of all branches of the four state-owned commercial banks, to delve into fraudulent loan sanctions, officials said on Thursday. The drastic move by the Bangladesh Bank (BB) came after its investigation team had found irregularities in loans, of up to Tk. 2,638 crore, extended ... Read more

Pay as you talk

Mobile phone users will now pay as much as they talk, according to a new directive from Bangladesh Telecommunication Regulatory Commission (BTRC). From August 15, there will be a 10-second pulse applicable to all networks. For example, for call duration of 1 minute and 6 seconds, the charge

StanChart launches Islamic banking for corporate clients

Standard Chartered Bank yesterday launched its Shariah-based product Saadiq for its corporate clients in Bangladesh. Earlier the product was for retail customers only. The Saadiq brand will offer a core comprehensive suite of products related to cash management, trade, term and working capital financing for corporate clients to fulfil their banking

Grameen fettered

Changes to ordinance give govt-appointed chairman almost absolute power to pick MD, Yunus’ income under scrutiny The cabinet yesterday approved a proposal for amending an ordinance to give more powers to the Grameen Bank chairman to choose the managing director of the microlender. The amendment to the Grameen Bank Ordinance 1983 will undermine the autonomy ... Read more

Autonomy curbed

4 leading personalities censure govt move Civil society leaders yesterday condemned the government move to curtail the autonomy of the Nobel winning Grameen Bank as an undemocratic decision that they believe would give negative signals to the world. The cabinet approved of an amendment to the Grameen Bank Ordinance 1983, which would reduce the power ... Read more

JU shut after violence

Highway blocked protesting police firing on students; 15 vehicles vandalised Authorities have shut Jahangirnagar University till August 25 as the campus burst into violence over Wednesday night’s police firing on students. Through an emergency meeting yesterday afternoon, the JU Syndicate announced the closure, asking male students to vacate their dormitories by 6:00pm on the day ... Read more

UGC worried

The University Grants Commission (UGC) yesterday expressed deep concern over the current instabilities at different public universities including Buet, Jahangirnagar University (JU), Pabna University of Science and Technology (PUST) and Rajshahi University (RU). At a full commission meeting, the UGC formed a three-member committee to look