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CPD calls 2017 a 'year of banking scam'

The Centre for Policy Dialogue (CPD) dubbed 2017 a 'year of banking scam', citing lending irregularities, embezzlement, NPL buildups, recapitalization, and ownership shakeups to justify such epithet. On a further note of dissatisfaction, the policy think-tank says there have been no effective remedial measures to prevent such practices even in...

Dense fog continues to disrupt transportation

FE ReportAlmost all modes of communication were severely disrupted as dense fog continued to sweep across the country from Friday night until Saturday morning, badly affecting the movements of both people and commodities.Delay in transportation also affected smooth supply, pushing up the prices of some essentials and raising further the...

Stop smuggling, police excesses on highways

FE ReportLeaders of the country's small and medium enterprises (SMEs) Saturday demanded of the government to take necessary measures, including stopping harassment by police on highways and checking smuggling, for ensuring sound growth of the sector. According to them, members of the country's prime security force often halt trucks or...

Rising cotton import likely conduit for money laundering

FE Report A policy think-tank sees surging cotton import into Bangladesh as "suspicious" as it may be a means of siphoning off money.The Centre for Policy Dialogue (CPD) came up Saturday with such scepticism and cited a mismatch between a 75 per cent surge in cotton imports in four months...

Customs seize Tk 55m gold at HSIA

Dhaka Customs seized 11 kilograms of gold worth Tk 55 million from a Japanese national at the Hazrat Shahjalal International Airport (HSIA) early Saturday. Tipped off, a preventive team of Dhaka Customs challenged the Japanese national named Kengo Shibata while he was passing through the green channel of the airport,...

Rohingya stabs refugee to death

A Rohingya man has been stabbed to death over an old feud by another refugee at the Kutupalong Refugee Camp in Cox's Bazar. The incident occurred in the BD-11 Block of Kutupalong's Modhurchora around 1:30pm on Saturday, said Ukhiya Police Station OC Md Abul Khaer. —bdnews24.com