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Economy faces fresh risks from political volatility

American ratings agency S&P says the political crisis in Bangladesh has further undermined its economic growth, fiscal performance and external metrics, especially foreign exchange, but pins hope on possible fast turnaround.The latest alert came Wednesday from the Melbourne office of S&P Global Ratings, which says credit metrics may still support...

Interim govt takes oath this evening

A 15-member council of advisers of the interim government of Bangladesh, led by Nobel laureate Prof Muhammad Yunus, is set to be sworn in this evening to fill a three-day gap in power. Army chief General Waker-Uz-zaman, flanked by the chiefs of two other defence services, made the announcement Wednesday...

Six shot dead as 209 flee Kashimpur central jail

GAZIPUR, Aug 7 (Agencies): Six inmates of Kashimpur central jail in Gazipur were shot dead by security personnel while 209 others managed to flee on Tuesday.In another incident at least 30 to 40 prisoners have escaped from Kushtia District Jail.Senior Jail Superintendent of Kashimpur High Security Central Jail Subrata Kumar...

AKM Shahidur Rahman new RAB DG

Additional Inspector General of Police (AIGP) AKM Shahidur Rahman has been appointed as the new Director General (DG) of Rapid Action Battalion (RAB), reports BSS.In this regard, the public security division under the Ministry of Home Affairs issued a gazette notification signed by its Deputy Secretary M Mahabubur Rahman Sheikh...

Seek restoration of order for secure business run

Top business leaders Wednesday urged immediate restoration of law and order and security for normal run of businesses and economic growth, as marauding occurred in the transitional time of governance.They voiced concerns over destructive activities, torching and vandalism targeting industrial and commercial establishments, following the exit of the Awami League...

Students steal the show

Student volunteers continued to control traffic and sweep filth in Dhaka city on Wednesday as things are yet to return to normal following recent violence countrywide.They also facilitated a move to return bits and bobs and other valuables an agitated mob took from the Gonobhaban, the Prime Minister's Office and...

Mainul Hasan joins as DMP commissioner

Newly appointed Dhaka Metropolitan Police (DMP) Commissioner Md Mainul Hasan joined office on Wednesday, reports BSS.He also requested all members of the DMP and city dwellers to give cooperation in maintaining law and order in the DMP jurisdiction, Assistant Commissioner (Media) of DMP Jahangir Kabir told BSS.Earlier in the morning,...