Recurring tragedies of slum fire
A devastating fire that engulfed a sprawling slum near Pallabi Jheel in the city's Mirpur, section 12 in the small hours of Monday is the first of its kind at the beginning of this dry season. As it happens in such tragic incidents slum dwellers of about 4,000 shanties lost...
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Competitive rise in depositors' rates
Over the last few months, it has been noticed that the financial intermediaries, especially the commercial banks, are offering higher interest rates on deposits than they did a year or so back. According to the bankers, the higher interest rates were offered to draw more deposits in order to comply...
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Mosquito menace: Half-hearted approach
Mosquito menace has turned severe in the city in recent days. Although the city corporations were reported to have taken some measures to control it, mosquitoes are everywhere -- be it the airports, hospital, slums or bedrooms in posh areas. This tiny insect is unleashing a reign of terror across...
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Government's bailout plan for banks
GOVERNMENT has decided to allocate Tk 20 billion as part of its bailout plan to replenish capital shortfalls of certain banks. Sonali Bank alone needs an amount of Tk 60 billion for capital replenishment as many of its loans have turned out to be non-performing ones. Moreover, the government is...
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Scrapping BJMC
FINANCE Minister AMA Muhith has recently talked in favour of scrapping Bangladesh Jute Mills Corporation (BJMC). I would like to congratulate the minister for the statement as BJMC had been incurring huge financial losses every year since its inception. UK scraped jute industry from Dundee during the forties of the...
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Digital divide in the name of 4G
A few days ago the mobile phone operators of Bangladesh launched 4th generation (4G) mobile network technology with pomp and grandeur. But the most unfortunate news that we hear now is that it will take three more years to bring the entire country under the 4G coverage. For the time...
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