Wednesday February 21, 2018 05:15 AM

  • TIB points finger at RMG buyers

    TIB points finger at RMG buyers

    Foreign buyers resort to corruption and malpractice to reap undue advantage by pressuring Bangladeshi readymade garment suppliers, a global corruption watchdog has found in a landmark research.

    The qualitative study on ways to prevent corruption in the readymade garment (RMG) sector in Bangladesh is also the first of its kind that was jointly conducted by Transparency International’s Bangladesh and German chapters from November 2014 to April 2015.

  • Train fares to see hikes every year

    Bangladesh Railway has decided to raise train fares every year from now on, in an attempt to cut down its losses and improve services.

    For the first time ever, rail authorities would use a fixed calculation format to determine new fares, an annual process which is expected to come into place from next month.

    The decision is currently pending approval from Prime Minister Sheikh Hasina, whose office has already received a proposal in this regard.

  • Public university teachers hope for an early solution

    Teachers in all 37 public universities in the country continued observing indefinite work abstention for fourth consecutive day yesterday in protest of the “government inaction” to address their demands to revise the new pay scale for public servants.

    Under the leadership of Federation of Bangladesh University Teachers' Association (FBUTA), teachers have boycotted classes, including evening courses, at the state-owned universities.

  • Shringla wants to implement important decisions first

    Shringla wants to implement important decisions first

    Indian new High Commissioner-designate Shringla Harsh Vardhan yesterday said his first job is to carry out important decisions taken by Bangladesh and India.

    Shringla said this at the airport yesterday after his arrival,

    Prior to his arrival in Bangladesh, he was the Ambassador of India to Thailand.

    In the course of his diplomatic career spanning 32 years, Shringla has held a variety of positions in New Delhi and in Indian Missions in Paris, Hanoi and Tel Aviv.

  • Seven new TV channels in limbo

    The airing of seven new television channels is still in limbo as allotment of radio spectrum has not been settled yet for over two years.

    The channels awaiting government approval are Channel 21 of Broadcast World Bangladesh Limited, Millennium Television and TITAS Television of Millennium Multimedia Limited, Green Television of Green Multimedia Limited, Amar Gaan of Media Bangladesh Limited, BSB Foundation Cambrian Television, and Channel 52 of Bengal Television Limited.

  • Police seek the release of Dawood Merchant

    Police have filed a plea with a Dhaka court for the release of most wanted Indian criminal Abdur Rauf alias Dawood Merchant, convicted in India for killing Bollywood music baron Gulshan Kumar, sources said.

    According to sources, Dawood Merchant was one of the several Indian nationals currently held in Bangladesh’s jails whose extradition was discussed during a recent top level meeting with India.

  • Charge framing deferred in custodial death of Jony

    A Dhaka court yesterday deferred hearing on charge framing in a case filed over the alleged custodial death of Istiaq Ahmed Jony, a member of the Bihari community, in the capital.

    Dhaka Metropolitan Sessions Judge Md Kamrul Hossain Molla deferred the hearing until February 14 after hearing a time petition by the prosecution. 

    The prosecution mentioned that they need more time as they would “put some law points and decisions” regarding charge framing in the case.

  • HC to government: Compensate former dev project staff

    The High Court has asked the Finance Ministry to fully compensate the former development project officials deprived of financial benefits due to their transfer to revenue project posts at the end of the projects.

    In 2008, the government stopped benefits such as time scale, selection grade and bonuses for former employees of donor-funded development project who were transferred to state-funded revenue projects.

  • Speech-impaired girl raped

    A 15-year-old girl with speech disorder was allegedly raped in a shanty in Mirpur yesterday.

    While relatives said the girl was raped for two days by Siddique, a van driver, police said Siddique and the girl were married.

    The victim lives with her younger brother and sister in a slum at Benarashi Palli. Her father died a few years ago and her mother is admitted to a mental health treatment facility.

    After her sister got married, she began working at a garment factory in Kachukhet area several months ago.

  • Charge sheet against Tarique’s mother-in-law approved

    The Anti-Corruption Commission yesterday approved the charge sheet in a case against BNP’s Senior Vice-Chairman Tarique Rahman’s mother-in-law Syeda Iqbal Mand Banu filed for not submitting wealth statement as asked by the commission.

    The decision was made after Investigation Officer Abdus Sattar Sarker, an ACC deputy director, recommended filing of the charge sheet, a competent source told the Dhaka Tribune.

  • PM to army: Resist evil forces

    Asking members of Bangladesh Army to gain more trust of people, Prime Minister Sheikh Hasina yesterday hoped that they will always remain ready to resist evil forces to protect the country’s independence and sovereignty.

  • Shafi: Hefazat has no conflict with Hasina

    Shah Ahmed Shafi, the chief of radical Islamist group Hefazat-e-Islam Bangladesh, yesterday said that he had no conflict with Prime Minister Sheikh Hasina as both of them are believers.

    “We learned that Sheikh Hasina says her prayers five times a day; she even says her Tahajjut prayers [extra prayer at dawn]. So we have no conflict with her,” Shafi, also the chief of Hathazari Madrasa, told an Islamic conference on Laldighi Maidan in the port city.

  • Petrobangla invites EoIs for two LNG terminals

    State-owned Petrobangla has invited expressions of interest (EoIs) from prospective bidders to implement two more land-based liquefied natural gas (LNG) terminals at Moheshkhali in Cox’s Bazar and Payra maritime port area.

    The plan comes despite the fact that the government is yet to set up the country’s first-ever floating storage and re-gasification unit, better known as LNG terminal, which was planned five years ago.

  • Age-old ‘State Saloon’ bears witness to history

    Age-old ‘State Saloon’ bears witness to history

    The State Saloon which is now preserved at the Pahartali Railway Workshop in Chittagong is not merely a luxury coach; it is also a witness to the railway’s glorious past.

    By definition, a saloon car furnished with all facilities of a living room is reserved for high officials and dignitaries. The ‘State Saloon’ is usually reserved for exclusive use by the head of state.

  • Inu: Full implementation of CHT treaty a challenge for govt

    The Chittagong Hill Tracts Peace Accord was signed between the government and the Parbatya Chattagram Jana Sanghati Samiti on December 2, 1997Information Minister Hasanul Haq Inu yesterday said full implementation of Chittagong Hill Tract treaty was a challenge for both the government and residents of the hill districts. 

    The minister said the government and locals of the CHT should not turn their back over implementation of the peace treaty.

    The minister said this while addressing a discussion marking the four decades of the CHT Development Board.

  • Suicide attack kills 7 in Jakarta

    Suicide attack kills 7 in Jakarta

    A Paris-style suicide attack with a gun and a series of explosions, allegedly perpetrated by Dae’sh-affiliated militants on Indonesia’s capital on Thursday morning, left seven people including the five attackers dead.

    The three-hour-long siege, marking the first assault on the Muslim-majority country by the radical group, took place near a Starbucks cafe and Sarinah’s, a popular department store in Jakarta. Seventeen people, including a Dutch man, were wounded in the attack.

  • Second phase of Ijtema begins

    The second phase of this year’s Biswa Ijtema starts today, four days after the first phase ended, with hundreds of thousands of devotees thronging the banks of Turag in Tongi.

    The Ijtema, billed as the second largest congregation of Muslims after Hajj, is being organised in two phases since 2011 as the number of participants increased.

  • Edible oil prices cut by Tk5

    The government has lowered the prices of all edible oils by Tk5 per litre, effective from tomorrow, as prices have declined in the international market.

    Commerce Minister Tofail Ahmed made the announcement at Trade Assistance Consultative Committee meeting at his office yesterday.

    “From Saturday, All kinds of edible oil will be sold at a reduced price – Tk5 less than the current market prices,” the minister said at the meeting.

  • BB cuts key rate, credit growth

    BB cuts key rate, credit growth

    Bangladesh Bank (BB) has cut its key interest rate by 50 basis points (bps) to 6.75% and repo rate by 50 basis points to 5.25%.

    In the monetary policy statement (MPS) for the second half of the fiscal year 2015-16, the central bank also announced a downward revision in the private sector credit growth projection to 14.8% from the earlier 15% and public sector credit growth projection to 18.7% from 23.7%.

  • Aziz: New policy contradictory

    Analysts termed the new monetary policy statement (MPS) contradictory, saying it lowered policy rate to stimulate demand that might be dampened by the slashing credit growth.

    In sharp contrast, bankers welcomed the new monetary policy, terming it expansionary as the policy rate cut will make credit cheaper.

    The bankers’ reaction came after Bangladesh Bank cut its key interest rate by 50 basis points (bps) to 6.75% and repo rate by 50 basis points to 5.25% after three years in the new MPS for the next six months.

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