Muhith opposes IMF proposal to monitor soft loans

March 31, 2014

Finance minister AMA Muhith has opposed an International Monetary Fund proposal saying monitoring concessional debts was not in the jurisdiction of the multilateral lending agency.
He made the observation after a meeting with visiting IMF South Asian executive director Rakesh Mohan at the secretariat on Sunday. Read more

Govt offers spl incentive for raw jute exporters

March 31, 2014

The government has offered special incentive for the raw jute exporters allowing them to reschedule their defaulted loans with the state-owned commercial banks at 8 per cent interest rate in next 10 years, officials said. Ministry of finance on Sunday issued a notice in this connection stating that the businessmen who exported raw jute between 2009 and 2013 would enjoy Read more

IPO subscription fee collection through brokerages by June

March 31, 2014

BSEC to conduct test run in April
The Bangladesh Securities and Exchange Commission is likely to conduct a test run on collecting initial public offering subscription fees through brokerage houses by the end of April this year. The BSEC expressed the intention at a meeting held at its office on Sunday with the Dhaka and Chittagong stock exchanges, merchant banks and asset management companies, Read more

GP completes 3G rollout in 64 districts

March 31, 2014

Country’s leading mobile phone operator Grameenphone on Sunday said that it has completed the 3G rollout in 64 districts within six months since its commercial launch.
‘This is the fastest 3G-rollout in the history of Telenor Group with our ambition to provide internet for all,’ GP chief executive officer Vivek Sood Read more

BNP asks govt to quit for fresh polls

March 31, 2014

The Bangladesh Nationalist Party on Sunday asked the government to dissolve the ‘illegal’ parliament and resign immediately for holding general elections under a non-party government.
Otherwise, the party threatened that the ‘fall’ of the government through a ‘popular uprising’ was ‘inevitable’. BNP joint secretary general Salahuddin Ahmed Read more

Miseries befall north as Teesta dries up

March 31, 2014

The trans-boundary river Teesta has almost dried up due to ‘unilateral withdrawal’ of water upstream by India, seriously affecting lives and livelihoods of the people in Bangladesh’s north.
An official in the Joint Rivers’ Commission in Dhaka said that India was withdrawing water from various points of Teesta allowing a little amount to Read more

73 upazilas go to polls today

March 31, 2014

Seventy three Upazilas in 34 districts go to polls today (Monday) in the fifth phase amidst the allegation of the Election Commission’s failure to contain violence and vote rigging by the ruling Awami League men in the past four phases of the staggered local government polls. Though the EC had announced schedule for polls to 74 Upazila councils in the fifth phase, Read more

Project uncertain by third deadline

March 31, 2014

Freedom Fighters’ Database
Project uncertain by third deadline
The project to prepare a database of names and family details of freedom fighters is still uncertain even after it missed two deadlines, liberation war affairs ministry officials said.
The ministry set the third deadline of June 30 to compete the task but some officials were still sceptical about its completion as the ministry lacks Read more

Feeble Tigers battered by Shehzad

March 31, 2014

Ahmed Shehzad feasted on Bangladesh’s bowling to slam his maiden Twenty20 International century and set up an easy 50-run win for Pakistan over the home side in Dhaka on Sunday.
The Tigers did not have the courage and strength to put up a small fight after Shehzad’s 111 off 62 balls propelled Pakistan to 190-5, as they stuttered Read more

Khaleda slammed in JS

March 31, 2014

Senior lawmakers from both the treasury and opposition benches in parliament on Sunday demanded that sedation charges should be brought against BNP chairperson Khaleda Zia for her claim that her husband Ziaur Rahman was the ‘first president’ of Bangladesh.
Taking the floor on a point of order at the outset Read more

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