Govt Employees DA effective from July 1 The finance ministry yesterday published a gazette notification, providing the government officials with 20 percent dearness allowance effective retrospectively from July 1. According to the gazette, officials and employees of government, semi-government, autonomous and state-owned banks, financial institutions and
Month: October 2013
Minister asks JU teachers to call off agitation
Education minister Nurul Islam Nahid on Monday warned of action against Jahangirnagar University (JU) teachers if they didn’t call off their agitation. “The government will take steps to restore normal academic atmosphere in JU. I hope the teachers will withdraw their inconsiderate movement that
Battery-run rickshaw puller killed
Collision Battery-run rickshaw puller killed A rickshaw-puller was killed and two of his passengers were injured when his battery-run rickshaw collided head-on with a human hauler in the capital’s Kochukhet yesterday. The dead is Shah Alam Razzak, 35. Sub-inspector Motiar Rahman of Bhashantek
MLM bill passed
Highest 10 yrs’ jail, Tk 50 lakh fine for such business without licence A bill on Multi-Level Marketing (MLM) activities providing tougher punishment against the offenders was passed in Jaya Sangsad on Monday. Commerce Minister GM Quader moved the bill titled ‘Multi-Level Marketing (MLM) Activities (Control) Bill, 2013’ in Parliament with stringent
Bangladeshi killed as BSF throws grenade
A Bangladeshi cattle trader, who was critically injured in a grenade attack by BSF men along Agrobhulat border in Benapole of Jessore early Sunday, succumbed to his injuries in the evening. The dead was Tauhidul Islam Shikder, 23, of Goga village nder Sharsha upazila of Jessore. Lt Col Tayef-ul-Haque, commanding officer of 23 Border
Lack of accountability hamper treatment at DMCH: TIB
Patients at Dhaka Medical College Hospital did not get proper treatment due to lack of proper monitoring and accountability, Transparency International Bangladesh said on Monday. TIB in its report also said corruption is institutionalised at DMCH through influence in the appointment process, lifting of government medicines
GB commission gives final report
Muhith calls it ‘partial’ The government appointed commission on the Grameen Bank on Monday submitted its final report. Finance minister AMA Muhith called it ‘a partial report’ as it gave no recommendations on GB’s 54 associate bodies, said officials preferring anonymity. They said the finance minister had asked
Hallmark’s illegal structure demolished
The authorities on Monday recovered 5.24 acres government land grabbed by controversial Hallmark Group and bulldozed a number of illegal structures at Phulbaria of Savar upazila, on the outskirts of the capital. Dhaka district administration along with Savar police bulldozed the structures that housed dairy farms, factories and storehouses at Hallmark
Water polluted: Waste piles up
Hatirjheel starts stinking Water polluted: Waste piles up Hatirjheel Project, the much talked about recreation centre, is losing its appeal and attraction and started to stinking now. Sources said when it rains, solid waste mixed with it enters the Hatirjheel-Begunbari Lake, and thereby, pollutes the lake water. Most of the visitors do not apply civic ... Read more
Sylhet experiences this year’s highest rainfall
Sylhet experienced this year’s highest rainfall till date with over 247mm of rain falling in the nine hours preceding 3:00pm yesterday, states the regional Met office. Heavy rainfall since early morning caused waterlogging in different areas from two to five hours till 5:00pm, leading to a low presence of students in educational institutions and vehicles ... Read more
Farmers frown at jute prices
Cash-strapped BJMC virtually stays out of purchase; poor sale of golden fibre Jute farmers walk a tightrope this season. So does Bangladesh Jute Mills Corporation. The BJMC, the biggest purchaser of raw jute in public sector, is running out of cash and is struggling to buy jute from the farmers and traders during the peak ... Read more
Hundreds of schoolchildren attend
Children’s Fair At Bsa Hundreds of schoolchildren attend Hundreds of schoolchildren enjoyed music, dance, stories at a children’s fair organised by Bangladesh Shilpakala Academy on Saturday. The event also included an award distribution ceremony in which the academy’s director general Liaquat Ali Lucky handed over the prizes to the winners of the recently held Mitsubishi ... Read more
IMF, too, says GDP growth to be below 6pc on pre-polls unrest
The International Monetary Fund on Sunday said that Bangladesh’s GDP growth would be less than 6 per cent in the current fiscal year 2013-2014 because of the unrest and political uncertainty ahead of national elections. ‘Unrest and political uncertainty in the run-up to the elections are affecting economic activity by disrupting supply and curbing
BTRC changes BWA guideline to back Ollo
The Bangladesh Telecommunication Regulatory Commission has recently changed the broadband wireless access service guideline after Bangladesh Internet Exchange Limited, an internet service provider, applied to the commission for a WiMax licence, said commission officials. BIEL, a subsidiary of Russian company Multinet,
S Korea seeks duty benefits for 8 items in exchange for privileges for 13 items
South Korea has offered duty concession for 13 products of Bangladesh in entering its market under Asia Pacific Trade Agreement, commerce ministry officials said on Sunday. In exchange, the country has sought duty benefits for its eight products in entering the Bangladesh’s market, they said. The 42th meeting of standing
How Nobel laureates spend prize money
Nobel laureates sometimes display as much ingenuity when deciding how to spend their prize money as they did on the work that won them the award in the first place. When Paul Nurse won the Nobel Prize for Medicine in 2001, he decided to upgrade his motorbike. A fellow winner in 1993, Richard Roberts, installed
BGMEA concerned over shifting of orders
Bangladesh Garments Manufacturers and Exporters Association leaders on Sunday expressed their concern over shifting of orders to India and Vietnam. India is the giant competitor of Bangladesh and the country (India) is getting benefit of 27.91 per cent currency devaluation which is one of the big challenges
BSEC rejects rights offers of Aramit Cement, Republic Insurance
The Bangladesh Securities and Exchange Commission has rejected the rights share offers of Aramit Cement and Republic Insurance as the companies failed to comply with the rules. According to the Dhaka Stock Exchange’s web posts on Sunday, the BSEC did not approve the rights offers of Aramit Cement and Republic Insurance as
Stocks plummet to 2-month low on pre-polls unrest fear
Dhaka stocks declined for the second trading session on Sunday with the benchmark general index DSEX plummeting to a two-month low as fear of political unrest demoralised the investors. The DSEX lost 1.67 per cent, or 66.11 points, to finish at 3,882.33 points, which was the lowest since 3891.97 points recorded on August 5.
33.57 lakh TIN users till Sept 30: Muhith
There are 33,57,519 individuals and business establishments using Tax Identification Number as of September 30. Finance minister Abul Maal Abdul Muhith on Sunday said this at the Jatiya Sangsad while replying to a question of treasury bench member Moazzem Hossain Ratan. The minister informed the House that some