Bangladesh Bank on Sunday urged the Inspector General of Police to increase security at banks operating across the country as the bank branches faced attacks, vandalism and arson in recent times due to prevailing unrest and subversive activities. The BB wrote a letter to the IGP requesting that
Month: December 2013
M-banks, brokerages get more time
Stocks Scheme Loan Application M-banks, brokerages get more time The supervision committee for the Tk 900-crore government refinance scheme for the small-scale investors affected by the 2010-11 stock market crash on Sunday extended the deadline for receiving loan applications from merchant banks and brokerage houses to December 31. The five-member committee made the second time extension ... Read more
BTRC asks telcos to address fraud management system
Offensive Sms BTRC asks telcos to address fraud management system Bangladesh Telecommunication Regulatory Commission on Sunday asked the mobile phone companies to implement the fraud management system in order to prevent and detect criminal activities through mobile phones. The BTRC directive also said that lack of fraud management system by the mobile phone companies is allowing ... Read more
Duty evasion thru fake treasury challan identified at DCH
Incidence in dodging customs duty through submitting counterfeit treasury challan against import duties is increasing in the country, officials of the National Board of Revenue said. They said that a number of clearing and forwarding agents and importers took release of imported goods without paying applicable duty by submitting fake
Dhaka stocks decline with reduced turnover
Dhaka stocks declined for the second trading session on Sunday, the first trading session of the week, with reduced turnover as increasing number of violence continued to deject investors. The turnover of Dhaka Stock Exchange declined to Tk 497.60 crore which was Tk 563.65 crore in the previous trading session. DSEX, the benchmark general
Wider use of cloud computing stressed
President of Dhaka Chamber of Commerce and Industry M Sabur Khan on Sunday laid emphasis on the wider use of cloud computing saying it offers the potential for enhanced efficiency. The DCCI leader made the remark at the launching ceremony of the Unctad’s Information Economy Report 2013, subtitled ‘The Cloud Economy and
BASIC Bank opens Joarganj branch
BASIC Bank Ltd opened its 67th branch at Joarganj in Chittagong on Saturday. Chairman of the board of directors of the bank Sheikh Abdul Hye Bacchu inaugurated the branch as chief guest, said a news release. Acting managing director of the bank Fazlus Sobhan presided over the inaugural ceremony. Senior officials of the bank and local elites
Women lawyers protest at Shanto’s fate
Women lawyers on Saturday condemned Friday’s incident at Motijheel in which Class III student Shanto Islam received multiple critical injuries hit by rubber bullets. Shanto is battling for his life at the casualty ward of Dhaka Medical College Hospital. A student of a school at Rupganj, Narayanganj,
13 killed as Jamaat violence flares
Nationwide Jamaat strike today; Asaduzzaman Noor’s campaign convoy, Tuku’s village house, police outpost attacked At least 13 people were killed across the country on Saturday in an escalating violence unleashed by Jamaat-e-Islami activists protesting the execution of its leader Quader Mollah. The violence took a new turn with the incidents of sudden attack on lawmakers ... Read more
151 candidates ‘elected unopposed’
10th JS polls to see lowest number of contestants The 10th Parliament is going to be dominated by MPs who are being elected unopposed. Though this is technically correct, as far as government formation is concerned, nevertheless, it would not properly reflect the mandate of the people and the public voice, sources said. According to the ... Read more
No good news for irrigation despite 10,000-MW capacity
Farmers across the country are unlikely to get enough electricity during the upcoming boro cultivation season even though the country’s power generation capacity recently crossed the 10,000-MW mark. The reason: the transmission network is dilapidated and the distribution system is overloaded. Sources in the Rural Electrification Board (REB)
Nation recalls martyred intellectuals with respect
The nation on Saturday observed the 42nd Martyred Intellectuals Day, paying rich tributes to the country’s intellectuals who were abducted and murdered during the 1971 Liberation War. Thousands of people, including women and children, thronged the Rayerbazar memorial for intellectuals since early dawn to pay their homage to
Ershad won’t join elections Reiterates aide Bobby Hajjaj
Jatiya Party chairman HM Ershad, on Saturday, reiterated he would not take part in the parliament election, unless all political parties participated in the suffrage. “I’m ready to sacrifice my life for my countrymen, but will not take part in the 10th Parliamentary polls, unless all political parties participated. I will
PM warns BNP against destruction
Issuing a strong note of warning against opposition BNP, Prime Minister Sheikh Hasina on Saturday said if this party does not stop its destructive agitation programmes it will have to face the music. “We know it very well how to retort and tackle such kinds of destructive activities,” she said while addressing a discussion at Krishibid ... Read more
Victory without polls self-destructive: BNP
The BNP has expressed deep concern over the possible uncontested victory of a good number of MPs in the polls, scheduled for January 5, and said the victory will be self-destructive for democracy and the upcoming general election. All MP aspirants of Awami League-led Grand Alliance have already been elected uncontested in the January 5
Political leadership should lead WTO talks, say CSOs
‘Bureaucrats achieved little in Bali Ministerial’ The country’s 12 civil society organisations (CSOs), working with development and economic issues, Saturday said instead of bureaucrats political leadership should play the pivotal role in the multilateral trade talks. They criticised the Bangladeshi delegation, lead by bureaucrats, for its inert role in securing a concrete and time-befitting
US congressmen urge Hasina, Khaleda to ensure fair polls
Six influential Democrat and Republican members of the US House of Representatives, the lower chamber of the US Congress, have written to both Prime Minister Sheikh Hasina and Opposition Leader Khaleda Zia, calling for free, fair and credible polls. “A bipartisan letter was sent to both Bangladesh PM Sheikh Hasina and BNP Chairperson Khaleda Zia,
Trade bodies’ white flag protest today
Turned helpless due to continuous violence coupled with hartals and blockades, the business community takes to the streets across the country with white flags on Sunday for half an hour calling upon the political parties to restore peace and stability for the sake of economy, reports UNB. They will line up on the streets in ... Read more
Youth kills brother in Shariatpur
A young man allegedly killed his elder brother following a dispute over land at Moktarerchar in Naria upazila on Friday The deceased was identified as Motaleb Kazi, aged around 25, son of late Abdul Hamid Kazi of the upazila. Quoting locals, police said there had been a longstanding dispute between Motaleb Kazi and Shahjahan Kazi, sons of ... Read more
Courier service cos charge clients extra
NBR terms it illegal, threatens action A good number of courier service providers in the country are realising money illegally from the clients while delivering documents in the name of customs duty and service charges, victims have alleged. It has been alleged that some courier services demand varied amounts of money from the clients who receive ... Read more