Tuesday February 20, 2018 06:02 AM

  • MNCs abuse relaxed taxation to deprive govt of crucial revenue

    MNCs abuse relaxed taxation to deprive govt of crucial revenue

    Absence of monitoring and failure to extract information have allowed multinational corporations to take supernormal profits back home, particularly from less affluent countries.

    These, coupled with relaxed taxation treaties between MNCs and governments, have deprived the poorer home countries of much needed revenue, economists say.

    Renowned economist AB Mirza Azizul Islam said multinational companies evade tax mainly through manipulation of accounts and transfer pricing.

  • Tigers fizzle out after promising start

    Tigers fizzle out after promising start

    In what turned out to be an extremely disappointing batting performance, Bangladesh suffered a 45-run defeat against India in the Asia Cup Twenty20 opener at Mirpur’s Sher-e-Bangla National Stadium yesterday.

    In reply to India’s 166/6, the Tigers only managed to post 121/7 with Sabbir Rahman’s 32-ball 44 the only innings of substance. No other batsmen crossed 16 as India began their campaign with a convincing win.

  • Temple vandalised in Panchagarh

    A Hindu temple was attacked and vandalised in Panchagarh's Atwari upazila early yesterday, causing panic to spread among the local Hindus.

    The attackers, who could not be identified, destroyed a dome, which was part of Sree Sree Hari temple's outer structure.

    The temple is located at Molani area in the upazila’s Aloakhoa union.

    Police said the attack might have been an attempt to create panic in the area, adding that none was arrested in this connection.

  • Govt to cut gas supply to fertiliser factories

    The government will temporarily suspend gas supply to fertiliser factories to ensure uninterrupted electricity during the irrigation season and summer, Prime Minister’s Energy Affairs Adviser Tawfiq-e-Elahi Chowdhury has said.

    “Our priority is to ensure maximum power supply to irrigation pumps during summer for paddy production,” he told reporters in Dhaka yesterday. The government has been doing so for the last five years to facilitate irrigation.

  • Mir Quasem’s appeal verdict on March 8

    The Supreme Court is set to deliver its judgement on March 8 in the appeal case of condemned war criminal Mir Quasem Ali filed seeking acquittal from the charges.

    After the end of arguments in the case yesterday, the five-member bench of the Appellate Division headed by Chief Justice Surendra Kumar Sinha first set March 2 for pronouncing the verdict.

    But the date was rescheduled for March 8 later in the day as the chief justice would not be available on that day.

  • Gusty wind with rainfall sweeps country

    Gusty wind with rainfall sweeps country

    The country yesterday experienced a sporadic rainfall with thunder and hailstorm in different places, which the Met office termed usual and expected in the season.

    According to Bangladesh Meteorological Department, the capital city experienced a 9 millimeter rainfall with gusty wind as well as hailstorm of 33 kilometers per hour.

    “We are expecting the thunder shower at this period of the month due to the changing pattern of season,” said a meteorologist of the BMD.

  • UK-based Bangladeshi masterminded ATM forgery

    Investigators have found that the mastermind and coordinator behind the recent ATM forgery incidents is a Bangladesh-origin British expatriate.

    Although a foreigner and three City Bank officials have been arrested over the incidents occurred earlier this month, the mastermind – Farid Nabir – left the country before the scam was exposed. He hails from Pirmoholla area of Sylhet.

  • First responders can cut road crash deaths

    Stopgap measures are not enough to reduce road accident fatalities, speakers said yesterday on the concluding day of a two-day workshop on highway safety.

    A system that involves the community as first responders is a must, workshop participants said, as part of their recommendations for the Health Sector Action Plan on Road Safety whose final draft is being prepared.

  • Petition against Justice Manik’s statements rejected

    The High Court has rejected a writ petition filed seeking a ban on publication and broadcast of statements by recently retired Justice Shamsuddin Choudhury Manik.

    The bench of Justice Obaidul Hassan and Justice Krishna Debnath passed the order yesterday as it was not placed before the court properly.

    Petitioner Zulfiqure Ali said that they would go to another bench with the petition soon. 

  • A few more months to finish BDR carnage case

    A few more months to finish BDR carnage case

    It may take two or three more months to finish the trial proceedings of the BDR carnage case at the High Court, even though more than a year has passed since the start of the appeal hearing.

    The state counsels said hearing of death reference and also appeals filed by the convicts are being heard by the High Court. So far, the state has finished placing paper books and arguments against the death convicts in the case.

  • Two more elevated expressways on cards

    A plan to build two more elevated expressways, totalling 122 kilometres in length, is on the cards, the road transport minister has said.

    Two elevated expressways connecting Dhaka to Ashulia, and Hemayetpur to the Dhaka-Chittagong Highway are being planned as part of a massive effort to expand the country’s highway network.

    Road Transport and Bridges Minister Obaidul Quader announced the plans while speaking to journalists after signing an agreement with consultants High-Point Rendel, UK (HPR) at Setu Bhaban in Dhaka yesterday.

  • Victims’ families call for declaring Army Martyr Day

    The families of slain army officers, killed during the 2009 BDR mutiny,  have urged Prime Minister Sheikh Hasina to declare February 25 the "Army Martyr Day" and make it a public holiday.

    At a programme yesterday in Dhaka, they also demanded judicial investigation into the incident.

    During the mutiny by the then Bangladesh Rifles at Peelkhana headquarters on February 25-26, the mutineers killed 57 army officers and 17 civilians.

  • Energypac participates in Elecrama 2016

    Energypac Engineering Limited participated at the International Exhibition of Electrical and Industrial Electronics Industry – Elecrama 2016 in Bangalore recently.

    The event was held in Bangalore International Exhibition Centre from February 13 to February 17.

    Energypac, a power engineering company and the country leader in providing end-to-end power solutions, showcased their regular and newly launched products at the exhibition which brought them bookings worth $5 million.

  • Chhatra League men attack two Titumir College students

    Two students of Titumir College received injuries after they were allegedly attacked by activists of the college unit Chhatra League yesterday morning for protesting increase of tuition fees at the government institution.

    The injured students Rahmat Ullah, 21, and Iazul Islam, 26, were admitted to Dhaka Medical College Hospital following the incident.

  • Rohit drop vital: Mashrafe

    Rohit drop vital: Mashrafe

    Shakib al Hasan’s dropped catch of Rohit Sharma early in his innings proved to be pivotal in the end as India romped to a relatively comfortable 45-run win over Bangladesh in the Asia Cup Twenty20 opener at Mirpur’s Sher-e-Bangla National Stadium yesterday.

    Rohit was batting on 21 when Shakib grassed a regulation catch and the Indian opening batsman grabbed the lifeline with both hands, adding a further 62 runs to his tally to propel his side to a challenging 166/6.

  • PM likely to open Tongi-Bhairab double rail tracks today

    It is expected that travel time between Dhaka and Chittagong by train will reduce by at least one and half hour from today after the opening of double rail track from Tongi to  Bhairab on the Dhaka-Chittagong route.

    Prime Minister Sheikh Hasina is likely to inaugurate 64km long Tongi-Bhairab double rail track through a videoconference from Ganobhaban in the capital today.

    “A passenger travels Chittagong from Dhaka in around six hours, which is going to be 4.20 to 4.30 hours from today,” said Railway Director General Amzad Hossain.

  • Arju Miah gives confessional statement

    Arju Miah, an accused of the gruesome killings of four children at Sundrateki village in Bahubal upazila of Habiganj, yesterday confessed his involvement with the incident.

    He gave confessional statement before the court of judicial magistrate Kaosarul Alam in the afternoon.

    He confessed that he and more people were involved in the killings.

    Senior Judicial Magistrate Koushik Ahmed Khandaker placed Hadibur Rahman Arju on a seven-day remand while Abdul Bashir on a five-day remand.

  • ‘Child labour should be monitored’

    Speakers at a view-exchange meeting held at a local hotel yesterday in the port city said the child labour in the country should be monitored effectively.

    World Vision Bangladesh, a Non-Government organisation organised the meeting with government and non-government organisations for effective monitoring child labour in workplaces.

  • Female students demo for buses

    Female students at Rajshahi University (RU) staged a demonstration yesterday in front of its Transport Office demanding more buses in different routes to carry them.

    RU sources said there were 28 buses for 30,000 students. Of them, 15,000 are female students. They have to suffer more as the number of buses for them is only five.

  • Five JMB men remanded

    A Chittagong court yesterday placed five members of banned Islamic outfit Jama’atul Mujahideen Bangladesh (JMB) on one-day remand in a mugging case filed in 2015.

    They were Bulbul Ahmed Sarkar alias Fuad, Shah Jahan Kajol, Minhajul Islam Sajid, Nurunnabi Raju and Mahbubur Rahman Khokon.

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