Dhaka, Aug 30 – A tribunal has issued a warrant of arrest for businessman Aziz Mohammad Bhai in a case over the 1996 share market scam.
Category: Business
IBBL Board meeting held on Thursday
Dhaka, Aug 30 – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 30 August 2018 Thursday at Islami Bank Tower.
No trade union in 97 percent garment factories: CPD survey
In Bangladesh’s readymade garments (RMG) sector, 97.5 percent factories don’t have trade unions.
Brexit: The conservative centre cannot hold
The Minister for Exiting the European Union, Dominic Raab, last week published a number of “notifications” on the possibility of the UK’s leaving the European Union without a Withdrawal Agreement (“no deal Brexit”). On the same day, wide publicity was…
Indian rupee touches new record low against dollar, UAE dirham
The Indian rupee plunged to a fresh record low of 70.81 to the US dollar on Thursday morning. It is currently trading at 19.26 rupees to one UAE dirham (9.50am UAE time). The dirham is pegged to the US dollar.…
‘Submit BB reserve heist investigation report on Oct 2’
Dhaka, Aug 28 – The Chief Metropolitan Magistrate (CMM) Court of Dhaka yesterday ordered Criminal Investigation Department (CID) of Bangladesh Police to submit the investigation report of a case filed over Bangladesh Bank reserve heist on October 2.
Price hike of kerosene more adverse to women than men: Study
Dhaka, Aug 28 – Price increase of kerosene—still a major fuel for lighting in many rural parts of Bangladesh—put more adverse effects on women than men, a study carried out by the Bangladesh Institute of Development Studies (BIDS) said. The…
Making the case for investing in water, sanitation & hygiene
Tea picker Bina, 45 from Sylhet, Bangladesh, used to walk for an hour each day to collect water from a well, also using water from a nearby stream, which was contaminated. Bina and her children were often sick as a…
Airbus aircraft breaks record with flight to over 62,000 feet
Airbus Perlan Mission II, the world’s first initiative to pilot an engineless aircraft to the edge of space, made history again recently in El Calafate, Argentina, by soaring in the stratosphere to a pressure altitude of over 62,000 feet (60,669…
UAE denies report of Houthi drone attack on Dubai airport
The United Arab Emirates denied reports on Monday that the Iranian-aligned Houthis in Yemen had attacked Dubai airport with a drone, and said operations were unaffected.
Trade Wars: Is there an off-ramp?
By Askiah Adam That an economic world war has already started is beyond dispute. Whether it is Washington or Trump who has lost it is immaterial but between the sanctions imposed on several countries and prohibitive tariffs inflicted on friends…
BD Hajj pilgrims start coming back on Monday
Dhaka, Aug 27 – The first return Hajj flight of Saudi Arabia Airlines landed at Hazrat Shahjalal International Airport at 3:19 am on early Monday.
Youth ‘pushed’ to death from running bus in Chattogram
A young man was pushed to death from a moving bus allegedly by its helper in City Gate area of the port city on Monday afternoon.
Nepal newspaper report ‘fictitious’, ‘irreverent’: US Bangla
Rejecting a Nepal newspaper report over the investigation findings on the US-Bangla plane crash led by their government, the authorities of US-Bangla Airlines on Monday said the report was ‘fictitious’ and ‘irreverent’.
Stocks perform mixed on higher transactions
Stocks witnessed flat on Monday with falling trend of most of the major price indices at Dhaka and Chittagong Stock Exchanges despite higher transactions.
US-Bangla pilot was ‘mentally stressed, reckless’: Nepal
Captain Abid Sultan of US-Bangla Flight BS211 was going through tremendous ‘personal mental stress and anxiety, and a series of erroneous decisions on his part that led to the crash of the flight’, according to the details of an official…
Islami Bank Officer Kallyan Samity Eid reunion held
Dhaka, Aug 26 – The Islami Bank Officer Kalyan Samity organized an Eid reunion at the Islami Bank Tower on Sunday 26 August 2018.
Dhaka prepares to invite bids for offshore gas exploitation
Updating of Model PSC underway for 1st int’l bidding since 2014 Dhaka, Aug 25 – Bangladesh is updating the Model Production Sharing Contract (Model PSC) to invite a new round of international bidding for oil and gas exploration in the…
Fire kills 19 at resort hotel in China’s northeast
At least 19 people were killed in a fire at a resort hotel in China’s northeastern city of Harbin early Saturday, the local government said.
Has globalization enhanced development cooperation?
Protracted economic stagnation in rich countries continues to threaten the development prospects of poorer countries. Globalization and economic liberalization over the last few decades have integrated developing countries into the world economy, but now that very integration is becoming a…
Suitable public transport, house must for disabled people
Even though over six billion people—nearly one billion of whom will have disabilities— are expected to live in urban centres by 2050, many of the world’s major urban cities have a long way to go before their infrastructure becomes inclusive…
Bagerhat tourist sites draw large numbers of Eid vacationers
Bagerhat, one of the popular tourist destinations of the country, attracted a huge number of visitors with its historical sites and magnificent beauty in this Eid vacation as in previous years.
Can tech giants work together against their common enemies?
Facebook, Twitter and Google routinely squabble for users, engineers and advertising money. Yet it makes sense for these tech giants to work together on security threats, elections meddling and other common ills.
Tourist spots start receiving Eid vacationers
Dhaka, Aug 23 – In the busy and concrete city life, people get little time to travel to panoramic places. The Eid vacation comes with the opportunity of taking a break from the routine daily life and visit the wonderful places…
Stocks mostly rise on hope for progress on China trade talks
Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November.
Safe road protests: Actress Nawshaba denied bail
Rejecting her bail petition, a court here on Monday sent actress Quazi Nawshaba Ahmed to jail in a case filed under the Information and Communication Technology (ICT) Act.
Eid passengers suffer on highways for ‘mismanagement’: BNP
BNP on Monday alleged that homebound eid holidaymakers are going through immense sufferings due to the ‘poor condition’ of highways and ‘mismanagement’.
Passengers suffer as overcrowded trains running late
Eid holidaymakers availing of train as mode of transport endured immense sufferings due to unscheduled delays by most of the trains departed from Kamalapur Railway Station to different destinations on Monday.
Greece emerges from eurozone bailout programme
Greece has successfully completed a three-year eurozone emergency loan programme worth €61.9bn (£55bn; $70.8bn) to tackle its debt crisis. It was part of the biggest bailout in global financial history, totalling some €289bn, which will take the country decades to…
Quakes cut power, topple homes on Indonesia island; 3 dead
Sembalun, Aug 20 (AP/UNB) — Multiple strong earthquakes cut power across the Indonesian island of Lombok, toppled buildings and killed at least three people as the tourist hotspot was trying to recover from a temblor earlier this month that killed…