Biman Bangladesh Airlines is now plagued with multifarious constraints due to severe cash crunch stunting its smooth operation and growth outlook, its managing director said in a letter to finance ministry last week. The letter sought policy support from the government and an immediate cash injection of around Tk 1,426 crore to stop ‘the collapse
Month: September 2013
Interest rate on onion import loan set at 12pc
Bangladesh Bank on Monday set interest rate on loans for onion import at 12 per cent till December 31 to increase supply of the vegetable amid soaring prices on the local market. The central bank in a circular to the managing directors and chief executive officers of all scheduled banks also asked them to set ... Read more
FBCCI for extending deadline to Oct 31
Tax Return Submission FBCCI for extending deadline to Oct 31 The Federation of Bangladesh Chambers of Commerce and Industry on Monday urged the government to extend the deadline for submission of income tax returns from September 30 to October 31. The apex chamber in a statement said that many of the new taxpayers were facing troubles ... Read more
Atiur warns Islamic banks against terror links
Bangladesh Bank governor Atiur Rahman on Monday said the country’s Islamic finance market participants like banks and insurance companies must not get involved with influences that aid or abet ‘terrorism’. Atiur, at a seminar in the city, said that Islamic banks and financial institutions in Bangladesh are performing better than conventional ones. But,
BCB faces legal battle over trial delays
Match-Fixing Scandal BCB faces legal battle over trial delays The Bangladesh Cricket Board was served with a legal notice on Monday by two of the accused persons charged in the recent of Bangladesh Premier League match-fixing scandal for failing to start a trial in the stipulated time and thereby denying them a chance to defend ... Read more
Taylor back Tigers against NZ
Zimbabwe captain Brendan Taylor said on Monday that he believes Bangladesh are tough at home and will have a point to prove when they face New Zealand next month. ‘I know Bangladesh are a fantastic team at home and for the upcoming tour against New Zealand, I’m sure that they’ve got a good record against
Kalabagan wait on Sakib’s fitness
Kalabagan Krira Chakra are waiting for the x-ray report on their star all-rounder Sakib al Hasan as a positive result will enable him to play for them for the first time in the Dhaka Premier League, said coach Sanwar Hossain on Monday. Kalabagan were able to rope in Sakib in the transfer window because of the ... Read more
Committee wraps up interviews
Saff Debacle Probe Committee wraps up interviews Badal Roy, convener of the Bangladesh Football Federation fact-finding committee investigating the national team’s failure at the SAFF Championship, hinted on Monday that they would suggest strong action if anyone was found to be underperforming. The committee, formed by the BFF after
Documentary as cinema
Film Southasia 2013 to be held in Kathmandu Women’s claustrophobic lives in an Afghanistan prison, horrific human rights abuses of the Sri Lankan civil war, migration, environmental havoc or plain narratives–these are just a few subjects of the documentaries to be screened at the upcoming Film Southasia 2013 in Kathmandu, Nepal. Starting October 3, over ... Read more
Police blamed for allowing illegal vehicles in Barisal
Police monthly earn at least Tk 10 lakh allowing illegal three-wheelers to ply Barisal city roads, alleged vehicle owners’ association on Sunday. At a press conference at the Barisal Reporters Unity, the district auto-rickshaw, auto-tempo, baby-taxi, taxi-cab owners’ association also demanded
Contractors ransack Rajshahi food office over corruption
Contractors besieged the local food office in the Rajshahi city, demanding removal of regional food controller and accountant officer over their alleged corruption. They also vandalised the doors, windows and furniture of the office while a case was filed against the attackers. Eyewitness said about 200 contractors’
Goons injure businessmen, vandalise shops in Sylhet
Local goons injured at least 10 shopkeepers and vandalised some 20 shops at a market in Sylhet city on Sunday morning failing to extort money from the businessmen. The attackers also looted Tk 50,000 of a wholesale consumer during the attack, the shopkeepers alleged. Rakibul Islam, Maznu Miah, Layes Miah
Rangpur Division Unnayan Samity gets new body
Mahfuzur Rahman was elected president and Irtiza Ahmed Chowdhury general secretary of the Rangpur Division Unnayan Samity on Saturday, said a press release. Mahfuzur Rahman is the parliament affairs secretary and Irtiza Ahmed Chowdhury is project director of primary school stipend programme.
Rajuk employees rally for job regularisation
Some Rajdhani Unnayan Kartripakkha employees on Sunday brought out a procession inside the Rajuk building, demanding regularisation of jobs of 431 employees. The top authorities were, however, absent from their offices during the demonstration. Witness said the aggrieved officials
PM off to New York to attend UNGA
Prime Minister Sheikh Hasina left here for New York on Sunday night on an eight-day official visit to the USA to attend the 68th session of the United Nations General Assembly (UNGA). An Emirates flight, carrying the Prime Minister and her 134-member entourage, departed Hazrat Shahjalal International Airport around 9.40 pm. Deputy
Grameen Bank to be controlled directly
Muhith tells of new act The government is finally bringing the Grameen Bank under direct control of the central bank, to give the authorities more powers over the microcredit organisation. The decision is in line with the proposals of the government-sponsored Grameen Bank Commission, which recommended bringing the bank under the
RMG unrest continues
Workers set fire to factories in Gazipur, 200 injured, factory owners seek security Apparel workers rampaged through the industrial belts in Gazipur setting factories on fire, vandalising vehicles, blocking highways and fighting pitched battles with the police for the second straight day on Sunday to press their demand for wage increase. About 200 people, including ... Read more
Alim verdict any day
Bail cancelled, sent to jail The International Crimes Tribunal-2 after hearing both the sides in Abdul Alim’s war crimes case on Sunday reserved the verdict saying it would hand down the sentence at a later date. It also cancelled Alim’s bail responding to prosecution plea to reject a defence prayer to continue his bail until the ... Read more
US supports war crimes trial but concerned over process
US Amb. Rapp says in telephone interview from Washington The United States is supportive of the ongoing war crimes trials in Bangladesh, but remains concerned over the trial process including award of death penalties. “US recognises the enormity of the crimes that was committed during 1971. Hundreds of thousands of individuals were murdered and raped ... Read more
Large pit coal deposit detected
A massive pit coal deposit has been found at Chatla Beel in Hakaluki Haor of Moulvibazar, according to officials of the Geological Survey of Bangladesh. The deposit could be as big as the country’s largest pit coal reserve of 150 million tonnes at Baggie Chanda in Gopalganj, they said referring to