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Globe Biotech's Covid vaccine 'Bangavax' secures US patent

Globe Biotech Limited has secured a United States Patent for its indigenously developed COVID-19 vaccine Bangavax, first of its kind in Bangladesh's pharmaceutical industry.Globe Biotech, a subsidiary of Globe Pharma Group of Companies, made the announcement at a press conference titled "First US Patent in Bangladesh: A New Milestone in...

Economic growth without jobs driving poverty reversal: Experts

Bangladesh is experiencing a troubling reversal in poverty reduction, particularly in the aftermath of Covid-19, as inflationary pressures and political instability continue to weigh on the economy, according to experts.They pointed to economic growth strategies with little emphasis on job creation, inadequate access to health and education, gender inequality, rural-urban...

A new Bangladesh be born thru festive Feb elections

Chief Adviser Dr Muhammad Yunus urges political parties to embrace consensus on the July Charter of governance changes as the only route to rebuild the nation and block the restoration of authoritarianism.The head of post-uprising government of Bangladesh, at a conclave with political parties long squabbling over some major points...

Another lease of NCC life likely as July charter unfinished

Another lease of life of the National Consensus Commission (NCC) is likely as its term ends late today sans the July Charter on state reforms signed and its implementation modus operandi determined for political disagreements.Some major political parties gave a positive nod to extension of the period for a second...

China to provide Tk 15.91bn grant for 20 MG locomotives

China has agreed to provide a Tk 15.91 billion grant to Bangladesh for procuring 20 meter-gauge (MG) locomotives for Bangladesh Railway (BR).The initiative aims to replace aged engines and ease the acute shortage of locomotives that has been crippling train operations for years, said officials concerned.The Ministry of Railways has...

Day-long rain causes hassle to city dwellers

Heavy rains from morning to late afternoon on Sunday reduced the income of working class people in the capital and office-goers complained of hassle in their commute.Parts of Jatrabari, Rayerbagh, Ramna, Purana Paltan, Shantinagar, Malibagh, Mogbazar and other areas remained waterlogged causing commuters' sufferings."I stepped out of my home to...

New pay scale to be ready ahead of schedule, Commission tells CA

Chief Adviser Professor Muhammad Yunus emphasised the importance of introducing health insurance for government and semi-autonomous employees.He pointed out that even a minor illness could lead to significant financial distress without coverage. Professor Yunus also mentioned that models of this nature already exist in neighbouring countries.This statement was made during...