A new agri-loan policy is going to be introduced from next week aiming to help country’s poor farmers through providing them soft-term loan from a huge fund worth around Tk 11,000 crore. Bangladesh Bank Governor Dr Atiur Rahman unveiled the plan in reply to reporters after discussion with President Zillur Rahman in a meeting at ... Read more
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LC opening for edible oil import up by 215.73 pc
Imports of two major commodities-edible oil and onion-are likely to be increased substantially ahead of the holy month of Ramzan, according to the Bangladesh Bank (BB). According to BB’s data released here yesterday, the total number of the Letters of Credit (LCs) opened for importing edible oil increased by 215.73 per cent in the past ... Read more
Dhaka hesitant to campaign for global fund
CLIMATE CHANGE MITIGATION Dhaka hesitant to campaign for global fund Dhaka seems to be hesitant in launching an international campaign to claim compensation for climate change effects the country is exposed to, despite earmarking a significant amount of domestic resources for funding relevant
BB increases lending limit under EDF
The Bangladesh Bank (BB) has decided to increase the lending limit for the exporters under the Export Development Fund (EDF). According to a central bank circular issued on June 30, the lending limit for individual exporter has been increased to 2 million US
Concern over raid on Adcom
Advertisement professionals yesterday expressed concern over the raid, and seizure of equipment, computers and valuable documents of advertising firm Adcom and its associate organisations. They demanded that the authorities return the seized things, and resolve the problem, says a press
HC asks 14 labour leaders to surrender in 8 weeks
The High Court (HC) yesterday directed 14 labour leaders and workers to surrender before the trial court within eight weeks in connection with a case filed against them following the recent vandalism in garment factories in Ashulia. The HC bench of Justice MA Wahhab Miah and Justice Abdur Razzak asked the law enforcers not to ... Read more
Woman kills husband
A woman stabbed her husband to death in Kadamtoli area yesterday while police recovered body of an unidentified man from the city’s Kuril area. Sub-Inspector Liakat Hossain of Kadamtali Police Station said Mollika Begum locked into a quarrel with her husband Sumon Mahmud, 30, in his video shop at Muradpur around 2:30 pm over loan ... Read more
30 carried out operation
Karwan Bazar killers got only Tk 1.45 lakh A gang of thirty criminals launched the gun attack in broad daylight at Karwan Bazar on June 26 that left three persons killed for taking a revenge for the killing of their cohort Mamun and establishing supremacy over toll collection
Delwar claims CG bid to kill Khaleda too
Hossain Zillur for fair probe Demanding a transparent and neutral probe into the allegations of plotting to kill Prime Minister Sheikh Hasina, when she was confined by the military-backed caretaker government led by Fakhruddin Ahmed, BNP secretary general Khandker Delwar Hossain yesterday apprehended that the attempt was also taken to kill
If allegation is credible form a neutral probe committee: Barrister Mainul
Former adviser to the caretaker government (CTG) Barrister Mainul Hosein yesterday said if there is any credible evidence of the allegation of serving poison mixed food to Prime Minister Sheikh Hasina when she was imprisoned in the sub-jail, then a high level probe committee comprising neutral experts should be
Temporary labour court mulled for RMG disputes
The government would form a temporary labour court for Ashulia, Tongi and a part of Gazipur industrial area to settle disputes between garment industry owners and workers, said Commerce Minister Faruk Khan
Police on hunt for BNP, trade union leaders, activists
VIOLENCE AT ASHULIA Police on hunt for BNP, trade union leaders, activists Law enforcers are on the hunt for leaders and activists of Bangladesh Nationalist party and trade unions in connection with the recent violence at garments factories of Ashulia at Saver in which two workers were killed and 200
Investment option for untaxed money in stocks widened
The new fiscal measure will allow investment of undisclosed money in more than one security and prevent withdrawal of the money from the capital market before two years, revenue officials said. The National Board of Revenue is expected to come up with necessary clarifications to put into force the revised budgetary measure
6 killed in mudslide
Six members of a family were killed as their mud-house collapsed during torrential rain in Nabiganj upazila of Habiganj early yesterday. The deceased were Mubarak Miah, 42, a vendor, his wife Asma Begum, 35, and their four children Sumon Miah, 10, Amina Begum, 7,
AL to seek 6 more months to hold council
Bangladesh Awami League (AL) yesterday decided to seek six more months from the Election Commission to hold its party council. Party spokesperson Syed Ashraful told reporters after a meeting of the AL presidium, chaired by party chief and Prime Minister
Dutch ministers due today
Dutch Minister for Development Cooperation Bert Koenders and Vice Minister for Transport, Public Works and Water Management Tineke Huizinga will arrive here for a two-day official visit today. It will be their first visit to Bangladesh, which aims to further strengthen ties between the two
JS session resumes today
The budget session of Jatiya Sangsad is scheduled to resume this afternoon ending a four-day recess. A number of pending bills will be considered by the house in the coming days as the budget session is scheduled to be prorogued
IT institute opens at Premier University in Ctg
July 4: The IT Institute of Premier University has started functioning from today. Architect Yafes Osman, State Minister for Science and ICT formally inaugurated the Institute this morning at the Engineers Institute hall in the port city as chief guest. Addressing the ceremony, Architect Yafes Osman said, the dream of the Prime Minister Sheikh Hasina ... Read more
Muhith spells new formula
Plans to offer tax rebate for honest taxpayers, money-whitening at fixed rate of tax In the face of intense controversy over whitening of black money, Finance Minister AMA Muhith yesterday came up with a new formula to do justice to white money holders. Black money holders would be allowed to make investments by paying a ... Read more
Remuneration of MPs to go up
Allowance and emoluments of the members of parliament (MPs) will go up further, as Speaker Advocate Abdul Hamid believes that the present remuneration structure is not enough for them. “Each of the MPs will get an office in the capital and one or more offices in their respective constituencies at upazila level. Each of them ... Read more