Criminals gunned down a diploma engineer of the Urban Development Directorate in the city’s Mirpur area yesterday after abduction. Rakibul Hasan Mukul alias Yusuf, 35, hailing from Kaliakoir in Gazipur district, worked as a designer at the directorate. Police suspected that the engineer might have been killed following a feud over his office related matter. ... Read more
News
Moeen resigns as BOA president
Former army chief General Moeen U Ahmed resigned as the Bangladesh Olympic Association president about three years before he was to serve out his tenure, a high Olympic Association official said on Tuesday. ‘He has tendered his resignation,’ said Kutubuddin Ahmed, the secretary general of the association. Moeen was twice elected unopposed the Olympic Association ... Read more
2300 acid throwing incidents in last 11 years
Around 23 hundred acid throwing incidents took place in the country in the 11 years causing burn injures of at least 3 thousand people including women and children. Speakers at a press conference organised by the United Nation Population Fund (UNFPA) said this at Sonargaon hotel in the city yesterday quoting Acid Survivors Foundation (ASF) ... Read more
56th anniversary of RU observed
The Rajshahi University (RU) steps in 56th years with a glorious past as it celebrated its 56th founding anniversary with a day-long programme on Monday. The programme began with the hoisting of the national flag and the university flag at 6:00am at the administrative building and other buildings. RU Vice-Chancellor Prof Abdus Sobhan inaugurated the ... Read more
Local ceramics maker rides out global recession
FARR Ceramics now eyes capacity building A local ceramics maker, in a span of less than two and a half years, has touched a credit mark of fetching around Tk 31crore from porcelain tableware exports in the immediate past fiscal year (2008-09), riding out the ongoing global recession. FARR Ceramics Ltd, which has now a ... Read more
Slowdown may hit three sectors hard
Study sees manufacturing, real estate, construction most vulnerable to recession fallouts A study report cautions that a slowdown or negative growth of the country’s labour-intensive industries such as manufacturing, real estate and construction is likely to have adverse consequences on employment and labour market particularly in terms of generation of employment in these sectors. Most ... Read more
‘RMG export to Germany to grow substantially despite global economic meltdown’
Ready-to-wear garment exporters Monday said, Bangladesh exports of RMG items to Germany will increase significantly at a time when the world became upset due to the financial recession, thanks to the government’s measures to face the economic meltdown. Speaking at a workshop on ‘Ways to Boost up RMG Export to Germany Under Present Recession’, they ... Read more
‘Growth not possible unless there’s change in people’s livelihood’
Southeast Asian counties need to come up with better policies for education, access to Information and Communication Technology (ICT), climate change, gender issues, human development, food security and overall development of rural people’s livelihood, speakers told a regional seminar yesterday. Centre for Integrated Rural Development for Asia and the Pacific (CIRDAP) hosted the seminar titled ... Read more
BKB earns profit after decades of loss
Bangladesh Krishi Bank, the largest state-owned bank engaged primarily in financing the agricultural sector of the country, has made a net profit of Tk 12.19 crore in the fiscal year 2008-2009 after incurring loss for about two decades. Last year, the bank suffered a net loss of Tk 196 crore. The unprecedented success of BKB ... Read more
Trade deficit with India from 2001-02 to 2007-08 was US dollar 12278.26 million
Bangladesh’s trade deficit with India from 2001-02 to 2007-08 fiscal years was US Dollar 12278.26 million. Commerce Minister Muhammad Faruq Khan said this in the House today in reply to a question raised by treasury bench member Mohammad Israfil Alam. He said the country’s trade deficit with India was 968.71 million in 2001-02, 1274.18 million ... Read more
6,45,779 workers get foreign employments, 70,738 deported during last fiscal year: Engr Mosharraf
Expatriate Welfare and Foreign Employment Minister Engineer Khandkar Mosharraf Hossain yesterday told the Jatiya Sangsad [JS] that during 2008-2009 fiscal year a total of 6,45,779 Bangladeshis went abroad with foreign employments. Replying to a question from Hafiz Uddin Ahmed [Thakurgaon-3], the minister said that during this period 70,738 Bangladeshi workers
Govt’s fair price for farmers gobbled up
Rice traders, food officials manipulate procurement, relief to make a mint Massive irregularities have gripped the public food distribution and procurement system in Kushtia as a section of food officials in connivance with dishonest rice traders are pocketing huge money through a ‘buyback’
JS team for Tipai visit seeks 2 BNP members
Two members of the main opposition Bangladesh Nationalist Party are likely to be included in the parliamentary delegation which will visit the site of India’s controversial Tipaimukh project in the upstream of trans-boundary Barak river. ‘We want the delegation to be all-party, and we don’t want to keep any confusion in public mind,’ the head ... Read more
140 killed in China riot
Cops clash with protesters amid tension between ethnic Muslims and Han majority Tensions between ethnic Muslims and China’s Han majority in the far western Xinjiang region erupted in riots that killed 140 people and injured 828, an official said yesterday, marking the deadliest unrest to hit the volatile area in decades.A peaceful protest Sunday of ... Read more
Extortion forces ISPs to wrap up business on DU campus: Blame goes to BCL
The internet service providers doing business on the Dhaka University campus are going to wrap up their business in the face of growing extortion reportedly by Chhatra League activists. The activists of Bangladesh Chhatra League, the student of the ruling Awami League, were learned to have either been demanding extortion from the ISPs or free ... Read more
New agri-loan policy goes into effect next week: Atiur
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
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