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
News
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
Moon ride on Dhaka roads
Rain turns dug-up, ill-repaired streets from bad to worse Poor road conditions, delayed repairs and continuous road diggings have left many residents suffering at different places around the city. Road works completed after digging up roads, and then filled back, have been left without complete repairs, adding to the misery of commuters. The monsoon rains, ... Read more
Lifetime SSF security for Bangabandhu family
The cabinet yesterday approved in principle the ‘Father of the Nation’s Family Members Security Act 2009 providing lifetime security for family members of Sheikh Mujibur Rahman with immediate effect. The approval was given at a regular weekly meeting of the cabinet at Bangladesh Secretariat with Prime Minister Sheikh Hasina, eldest daughter of the slain leader
Cabinet okays Int’l Crimes Tribunal Bill ‘09
The cabinet has approved the International Crimes Tribunal (Amendment) Bill 2009 aiming to try those involved in acts against humanity during the 1971 liberation war. The approval was given on Monday at the weekly meeting of the cabinet chaired by prime minister Sheikh Hasina. Earlier, the Law Commission recommended five changes in the International Crimes ... Read more
Drug dealers, mafia dons use Bangladesh as transit point
DNC understaffed, ill equipped Drug dealers and Mafia leaders often use Bangladesh as a transit point for dispatching heroin and opium from Myanmar and other countries of the golden triangle to different destinations by dodging the ailing department of narcotics control ( DNC ), which is under staffed and ill equipped to detect their stealthy ... Read more
Exec magistrates’ power to operate mobile courts restored
The cabinet on Monday approved the Mobile Court Bill 2009 in order to revive the executive magistrates’ authority to operate mobile courts for summary trial of the perpetrators of some specific offences. The home affairs ministry placed the bill at the weekly cabinet meeting in the secretariat with the premier, Sheikh Hasina, in the chair. ... Read more
7 students hurt in roof-plaster collapse
Seven students were injured yesterday as a chunk of roof-plaster fell on them when they were in a class at a school at Prasanna Poddar Lane in the city’s Tantibazar area under Old Dhaka. The injured were identified as Mhethelia(6), Rubina(7), Soniya(8) Ashamoni,(7) Tania(7) Johohara(7) and Juli(6), Salauddin officer in-charge of
JS body summons RAJUK, works ministry officials
Graft charge against Mainul The sub-committee of the parliamentary standing committee on Housing and Public Works ministry formed to inquire into the allegations of corruption and irregularities against former adviser of the caretaker government Barrister Mainul Hosein has directed the concerned officials of the Housing and Public Works ministry, RAJUK and Public Works Department to ... Read more
JCD dissolves DU, 2 city units
The just-formed central committee of Jatiyatabadi Chhatra Dal Monday night dissolved the organisation’s three units and expelled four leaders for ‘breach of discipline and anti-organisational activities.’ The Chhatra Dal president, Sultan Salauddin Tuku, told New Age that the central committee has dissolved the Dhaka University, Dhaka city south and Dhaka city north units of the ... Read more
Unregistered driving schools mushroom
Untrained instructors teach driving to thousands; regulatory body sits idle For thousands of aspiring drivers of motor vehicles, the country has only 10 registered learners’ schools and five ‘qualified’ instructors, according to Bangladesh Road Transport Authority (BRTA). With over 50,000 vehicles taking to the roads or applying for registration every year and another 1.2 million ... Read more
No computers in poor Bangladeshi households
Poor people in Bangladesh own more mobile phones than the same group in India and Pakistan, more televisions than the Indian poor, but availability of computers in the poor Bangladeshi households is almost zero, according to a recent study. The survey by LIRNEasia, a Sri Lanka-based Asia-Pacific information and communication technology policy and regulation capacity-building ... Read more
Defaulted loans amount to Tk 154.51b
Beximco Group cos top list of bank loan defaulters, JS told Companies of the Beximco Group top the list of 2,196 bank loan defaulters, according to the latest report of the credit information bureau of Bangladesh Bank. Answering lawmakers’ questions in the parliament on Sunday, finance minister AMA Muhith disclosed that a total of 2,196 ... Read more
Death lurks in Dhaka Zoo
18 rare animals died in one year; various diseases inflicted on many of them; authorities say it’s normal Death seems to lurk in the corridors of Dhaka Zoo with 18 rare animals having lost their lives in just over a year. These include nine new animals procured from South Africa only last year. The recent ... 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
Student leaders who never get old…
Students at Dhaka University have found it disappointing that people in their 40s, who completed their studies at least a decade ago, are leading different student organisations. They say it is amusing that people who are going grey keep their hold on the reins of the two major student organisations. Many of the leaders are ... Read more