Multi-level marketing or MLM is a constant source of debate. MLM companies have their fanatical devotees and often appear to behave in an aggressive manner. Some of them reach dizzying heights, often to fall. The issue came to the surface again, after Destiny Multipurpose Cooperative Society Ltd, a unit of Destiny Ltd, hit the media ... Read more
bangladesh
6 ‘muggers’ killed
‘Gunfight’ in Narsingdi 6 ‘muggers’ killed Rab refuses to disclose identity of robbed businessman Six alleged muggers were killed and three others injured in a gunfight between the Rapid Action Battalion and the gang fleeing after mugging a businessman in Narsingdi yesterday. Two Rab members were also wounded during the one-hour shootout that began around ... Read more
Destiny under scanner
Cheating Thru’ Mlm Destiny under scanner Regulators have moved to probe the Destiny-2000 Ltd scam spotted by Bangladesh Bank, following a series of news reports on the issue over the last few days. The Department of Cooperatives (DoC), which is the principal regulator of cooperative societies, has formed a high-powered committee to investigate the
Finance passes the buck
‘Cheating’ Thru’ MLM Finance passes the buck Central bank says it only can probe, but govt can take action; JS body wants law Bangladesh Bank is surprised by Finance Minister AMA Muhith’s remark that the government would take action against Destiny-2000 Ltd only if the commerce ministry and the BB want. “The ball is now ... Read more
Destiny magic
Multi-level marketing concept posts astronomical growth in 3 years Destiny Multipurpose Cooperative Society, a concern of controversial multilevel marketing (MLM) company Destiny 2000, has seen an astronomic rise in its capital, shareholders, profit and investment since 2009, a central bank report reveals. The company’s paid-up capital has increased to nearly Tk 300 crore in 2009-10 ... Read more
62 failed to sit for exams
Principal arrested for pocketing fees! Sixty two examinees of Dhaka Model Degree College could notsit for the Higher Secondary Certificate examinations which began on Sunday asthe college principal allegedly misappropriated their exam fees and failed toprovide them with admit cards. Afzalul Haque Aziz, the principal of the college in Mirpurof the city, was arrested around ... Read more
HSC exams begin
Higher Secondary Certificate (HSC) and equivalentexaminations of 2012 began yesterday across the country with 9,26,814 examineestaking part from 7,556 educational institutions. Of the total examinees, 4,96,395 are male and 4,30,419female. The number of examinees rose by 1,47,373 this year. As many as 7,50,852candidates including 3,65,258 female are appearing
Rajshahi reels from power outage
8-12 hours load-shedding a day People in Rajshahi zone including the boro growers in the Barind region have been experiencing eight to 12 hours of load-shedding every day as the zone is facing power shortfall of about 50 percent megawatt (MW). The distribution units were provided with 277 MW power yesterday against the daily demand ... Read more
Neighbours concerned
No Indian move yet to discuss water diversion from common rivers A Supreme Court order in India asking the government to link more than 30 rivers and divert waters to parched areas has sparked concerns in neighbouring countries. Bangladesh says it would be hardest hit because it is a downstream country to two major rivers ... Read more
Our Earth Hours!
While the world called for an hour of energy conservation on Earth Hour, Bangladesh, by not choice though, yesterday went for overkill and had on an average six hours of power cuts across the country. It was not unusual for Bangladesh to “conserve” energy like that. It has been experiencing regular power cuts since the ... Read more
Pvt varsity class at DU!
A Dhaka University teacher yesterday took a class of some students of a private university at DU’s business studies faculty violating rules. Professor Ali Ahsan of Department of Management Studies was found taking the class of around 30 students of American International University of Bangladesh (AIUB) around
Newly built bridge undergoes repair well before handover
Most of the upper surface of a nearly completed bridge over the Buri Teesta River at Soillaghat in Dimla upazila under the district had to undergo repair as the contractor used low quality materials for the construction work, said officials. The Local Government and Engineering Department (LGED) in the district decided to construct the 171-metre-long ... Read more
New system, old result
Train Ticket Crisis in Ctg New system, old result Scalping of train tickets at Chittagong Railway Station is not being curbed despite the railway authorities’ preventive measures. The authorities reduced the lead time for buying advance tickets from 10 days to 3 days since February 17 in an attempt to make saleable tickets available at ... Read more
Satellite by 2015
Deal signed with US firm Bangladesh will launch its first satellite into space by 2015 in a landmark move towards opening a new era in communication and broadcasting and creating new businesses. Bangladesh Telecommunication Regulatory Commission yesterday signed a Tk 82.5 crore consultancy deal with a US firm, Space Partnership International (SPI). The
Electricity price hiked
Effective from March 1 The government yesterday hiked electricity prices by Tk 0.28 per unit for bulk consumers and Tk 0.30 per unit for retail users with retrospective effect from March 1 this year. As a result, power tariff for bulk clients increased by 7.49 per cent from Tk 3.74/kilowatt-hour to Tk 4.02 a unit ... Read more
9.26 lakh appear at HSC exams from April 1
The Higher Secondary Certificate (HSC) and its equivalent examinations under the ten education boards will begin on April 1 across the country with 9.26 lakh sitting for the test. This is for the first time the examinees facing creative type questions in Bangla First paper. Earlier, these students needed to face creative type questions in ... Read more
BTRC recommends five licences for 3G service
The Bangladesh Telecommunication Regulatory Commission on Wednesday sent to the telecommunication ministry the draft guideline for awarding five licences for 3G mobile service. Of the five licences, the state-run Teletalk would get one while four other licences would be awarded to four private mobile phone operators, including any new operator, through
Bangladesh honours 83 ‘foreign friends’
Bangladesh has honoured 83 foreign nationals and organisations for their outstanding contributions in the Bangladesh’s war of independence. President Zillur Rahman and Prime Minister Sheikh Hasina on Tuesday conferred two categories of honours on distinguished personalities from different countries and
THE AWARDEES
Recipients of “Bangladesh Liberation War Honour” 1. Dr Ram Baran Yadav, President of Nepal 2. Late Jigme Dorji Wangchuck, the Third King of Bhutan 3. Late president Leonid IIyich Brezhnev of
Nation renews pledge to uphold liberation spirit
The nation paid tributes to martyrs of the Liberation War, celebrating the 41st Independence and National Day on Monday. Thousands of people from all walks of life were present at the National Memorial at Savar since early morning. People renewed their pledge to uphold the spirit of the Liberation War and build