Pension payments double following retirement reforms

Pension payments have more than doubled in two years following a recast of retirement-benefit reckonings, making public exchequer bear higher "contingent liability".As such, some noted economists think that a "funded pension" system could be beneficial to both government and its employees. People familiar with the matter told the FE that...

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Suu Kyi aide cautions as US lawmakers push for sanctions against army

YANGON, Nov 3 (Reuters): Proposed US sanctions targeting Myanmar's military for its treatment of Rohingya Muslims would hinder the fledgling civilian government sharing power with the generals, a spokesman for de facto leader Aung San Suu Kyi said on Friday.US lawmakers proposed targeted sanctions and travel restrictions on Myanmar military...

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Japan jacks up lending rate to Bangladesh

The much-cherished softest lending by Japan is all over as the donor has hiked the interest rate to 1.0 per cent from 0.01 per cent for Bangladesh, officials said.The Asian economic powerhouse has also reduced the loan-repayment period to 30 years from its earlier tenure of 40 years, they said...

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Ex-President Rahman Biswas no more

Former President Abdur Rahman Biswas passed away at a city hospital on Friday night. He was 91, report agencies.Abdur Rahman, who had long been suffering from old-age complications, breathed his last at United Hospital around 8:40pm, said BNP chairperson's media wing member Sayrul Kabir Khan.He was survived by five sons...

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News Watch (4-11-2017)

Bodies of girl, youth in Buriganga A teenage girl and a youth, who went missing after jumping off the first Buriganga Bridge in South Keraniganj on Wednesday, were both found drowned in the Buriganga river on Friday morning. Locals spotted two floating bodies in Hasnabad Trawler ghat area, the east...

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Prayer Timings-4-11-2017

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