Dhaka, Jul 2 (UNB) – The Chamber Judge on Tuesday stayed a High Court order that directed to maintain a status-quo on a Bangladesh Bank policy offering special privileges to loan defaulters. Justice Md Nuruzzaman passed the order after hearing…
Category: Business
Is there a co-relation between human development & SDGs?
By Pedro Conceição UN, Jul 1 2019 (IPS) – “People are the real wealth of nations,” began the first Human Development Report (HDR). That 1990 report marked a turning point in the global development debate. During the second half of…
Demos in district towns against gas price hike Tuesday: BNP
Dhaka, July 01- The major opposition BNP will stage demonstrations at district towns and city corporations across the country on Tuesday protesting the government decision to increase gas prices. In the capital city of Dhaka, the party will either stage…
EU needs new noisy electric cars for pedestrian safety
Brussels, July 1 (Xinhua/UNB)– From July 1, new types of electric and hybrid vehicles in the European Union (EU) are required to install sound generating devices to help increase the safety of pedestrians and cyclists. An electric car’s acoustic vehicle…
Polls ticket trade imaginary: Why not air Swiss Bank Ac’s: BNP
Dhaka, June 30 (UNB) – BNP senior leader Nazrul Islam Khan on Sunday termed imaginary Prime Minister Sheikh Hasina’s comment that BNP’s ‘nomination trade’ during the 11th parliamentary election swelled Bangladeshis’ deposits in the Swiss banks. Speaking at a human-chain…
150 imported cargo containers drop into Bay from vessel
Dhaka, June 30 – A Dhaka Pangaon bound import container-laden cargo vessel from Chittagong port on Sunday lost 43 containers into Bay of Bengal near Hatiya Channel due to rough sea. Every day over 150 container vessels and oil tanker…
Nokia distances itself from boss’s warning on Huawei 5G kit
Dhaka, Jun 30 (UNB) -Telecoms giant Nokia has disowned the comments one of its senior executives made about rival Huawei, reports the BBC. Nokia’s chief technology officer Marcus Weldon told the BBC that the UK should be wary of using…
Gas price for cooking raised by 32.8 pc
Dhaka, Jun 30 (UNB) – The average gas price has been raised by 32.8 percent for the retail consumers in the country with effect from Monday (July 1). Chairman of the Bangladesh Energy Regulatory Commission (BERC) Monwar Islam announced the…
No dev work that damages environment: experts
Dhaka, June 29 (UNB) – Stating that no development effort will be effective if it ruins the ecological and environmental balance, speakers at a public dialogue on Saturday urged the government to ensure a more environment-friendly budget. Poribesh Bachao Andolon…
Reform banking sector for budget execution: Ibrahim Khaled
Dhaka, June 29 (UNB) – Former Bangladesh Bank Deputy Governor Khondkar Ibrahim Khaled on Saturday underscored the need for reforming the country’s banking sector for proper implementation of the national budget for 2019-20 fiscal year. “Default loans must be recovered,…
‘Back on track’: Trump, Xi seal trade war truce
Osaka, Japan, June 30, 2019 – US President Donald Trump on Sunday hailed trade talks with his Chinese counterpart Xi Jinping as “far better than expected” and vowed to hold off on further tariffs as negotiations continue. “The quality of…
IBBL provided bed and water purifying machine to use Hajj
Islami Bank Bangladesh Limited has provided foam bed and water purifying machine to use at Ashkona Hajj Camp for the Hajj pilgrims in the year 2019. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank handed over the materials…
5 BD cement factories near Sundarbans get EIA nod: Minister
Dhaka, Jun 29 (UNB) –Five air-polluting cement factories located within the ecologically critical area of the Sundarbans Reserve Forest have been given environmental clearance, Forest Minister Md Shahab Uddin told Parliament on Saturday. The factories are Meghna Cement Mills Ltd,…
RMG industry of BD wants higher prices from intl buyers
Dhaka, June 27 (UNB) – Bangladeshi apparel businesses called upon international buyers for maintaining responsible buying practices to obey their given conditions properly. The business insiders also said that their businesses are under pressure not getting proper prices of their…
BD farmers to get loans at 4pc interest: State Minister
Dhaka, Jun 27 (UNB) – Farmers will be able to take loan at 4 percent interest for producing non-major food grains, said State Minister for Rural Development and Co-operatives Division Shawpan Bhattacharjee in Parliament on Thursday. A project titled ‘Production…
Low-income nations pay over 20 times more for generic drugs
By Caley PigliucciReprint UN, Jun 21 2019 (IPS) – A recently-released report by the Washington-based Center for Global Development (CGD) shows that generic drugs, like omeprazole (used to treat heartburn), can cost 20-30 times more in low and middle-income countries…
18 suffer burns in Chittagong car air-compressor blast
Chattogram, June 26 (UNB) – At least 18 people, including three children, suffered burns when the compressor of a microbus air-conditioner exploded on the Chattogram-Cox’s Bazar Highway in Patia upazila on Tuesday night. Sixteen of them were identified as Rubel,…
Conduct surveys on road-rail bridges: PM
Dhaka, Jun 25 (UNB) – Prime Minister Sheikh Hasina on Tuesday instructed the authorities concerned to conduct surveys on dilapidated rail and road bridges in the country so that necessary repair works could be done before monsoon. The Prime Minister…
Iranians say their ‘bones breaking’ under US sanctions
Tehran, Jun 24 (AP/UNB) — As the U.S. piles sanction after sanction on Iran, it’s the average person who feels it the most. From a subway performer’s battered leather hat devoid of tips, to a bride-to-be’s empty purse, the lack…
BNP wants action against top loan defaulters
Dhaka, Jun 23 (UNB) – BNP senior leader Khandaker Mosharraf Hossain on Sunday said their party is waiting to see what action the government takes against those top loan defaulters whose names were unveiled in parliament. “The names of 300…
Apple warns Trump that more China tariffs will help rivals
Dhaka, Jun 23 (UNB) – Apple has joined a growing chorus of firms urging the Trump administration to drop a plan for more US tariffs on Chinese goods, reports the BBC. The US has said it may impose duties on…
Saudi airline changes flight routes to avoid Iran’s airspace
Riyadh, Jun 23 (AP/UNB) — Saudi Arabia’s state airline Saudia says it is rerouting flight paths to some Asian destinations in order to avoid Iranian airspace amid heightened tensions in the Persian Gulf. The statement Saturday evening follows the U.S.…
300 top loan defaulters fail to repay Tk 509bn: Minister
Dhaka, Jun 22 – Finance Minister AHM Mustafa Kamal on Saturday placed in Parliament the list of 300 top loan defaulters of the country involving Tk 50,942 crore (Tk 509bn). The Finance Minister made the disclosure while responding to a…
Budgetary reform for sustainable development in BD urged
Dhaka, June 21 – Sushashoner Jonno Nagorik (Shujan), a civil society platform of Bangladesh called for budgetary system reform for sustainable development. The platform recommended the budgetary system be reformed to effectively impact the country’s sustainable development at roundtable programme…
US-China trade war, sea row in ASEAN summit spotlight
Bangkok, June 22 (AP/UNB) — Southeast Asian leaders will commit to conclude a long-delayed regional trade pact this year despite lingering odds to fend off risks from a protracted U.S.-China trade war when they gather for a weekend summit in…
IBBL Shari`ah Supervisory Committee meeting held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on 19 June 2019, Wednesday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee presided over the meeting. Md. Mahbub ul Alam, Managing…
Marginal communities must increase socio-political capabilities: Rehman Sobhan
He calls for incorporating their voices in the national budget Dhaka, June 20 – Chairman of Centre for Policy Dialogue Prof Rehman Sobhan on Thursday said marginal communities have to gain political power along with increasing their capabilities to end…
BD High Court directives to bring discipline back on roads
Dhaka, June 20 – In a verdict, the High Court yesterday issued a set of directives to bring back discipline on the road and reducing road accident across the country. While delivering a judgment, the HC bench comprising Justice JBM…
Meat in middle: Blended options -Join eaters in sustainability
From Danielle Nierenberg Greetings from Baltimore! Diets and lifestyles like veganism, vegetarianism, and the Mediterranean Diet help eaters reduce meat consumption and protect the planet. One of these diets, flexitarianism, may make it easier for even committed meat eaters to…
Ex-minister Menon slams anarchy in banking sector
Sangsad Bhaban, Jun 19 (UNB) – Though Bangladesh has made a good progress on economic front, the crisis in the economic sector remains to be a barrier to its way to further development, Workers Party chief Rashed Khan Menon said…