Finance Minister AMA Muhith Wednesday ruled out the possibility of revising the yield rates of the government saving certificates since the bank deposit rates are now almost equivalent to those."So we don't need to revise it (yield rate of saving tools). We will settle it in a meeting," Muhith said...
Read moreThe low participation of women in the work force could seriously hurt Bangladesh's chance of tapping the demographic dividend, the local think-tank Centre for Policy Dialogue (CPD) has warned.About 56.9 per cent of women in Bangladesh are not in education, employment and training and as such, the country is missing...
Read moreDangers persist for nearly a million Rohingya refugees in Bangladesh, warned the World Health Organisation (WHO).Dr. Richard Brennan, director of emergency operations at the WHO, issued the warning in Geneva on Wednesday, citing the risks of diseases, natural hazards and a serious funding shortage. "We're not out of the woods...
Read moreThe second unit of Summit power plant in Gazipur has started supplying electricity to the national grid commercially from Wednesday.The 300-megawatt (MW) furnace-oil fired power plant is owned by the consortium of Summit Corporation Ltd and Summit Power Ltd having the stakes of 80 per cent and 20 per cent...
Read moreDevelopment economists at a programme said on Wednesday the experience with urbanisation in Bangladesh is rather dismal as it has proceeded haphazardly with no strategic vision.They also said there is little control over the conversion of land from agricultural to non-agricultural while land rights are highly insecure. They stressed on...
Read moreBangladesh economy is set to grow by 7.0 per cent in the current fiscal year (FY), according to the latest projection of the International Monetary Fund (IMF).Fund's regional economic outlook for Asia and the Pacific, released on Wednesday, also showed Bangladesh would be the second fastest emerging market and developing...
Read moreCountry's foreign exchange reserve (forex) fell below US$ 32 billion again on Wednesday, following a regular bi-monthly payment to Asian Clearing Union (ACU) and the central bank's direct selling of US dollar to the commercial banks.The forex reserve came down to $31.92 billion on the day from $33.23 billion on...
Read moreBangladesh's human rights record will be examined by the UN Human Rights Council's Universal Periodic Review (UPR) Working Group for the third time on May 14, reports UNB.The delegation of Bangladesh will be headed by Law Minister Anisul Huq.Bangladesh is one of the 14 states to be reviewed by the...
Read moreCOX'S BAZAR, May 9: At least two persons were killed and six others injured seriously, as the pipe of a gas cylinder at a dwelling house burst in Teknaf upazila of the district on Wednesday. The deceased were identified as Elema Khatun (85) and Ruma Akter (4). According to witnesses...
Read moreHa-Meem Group managing director AK Azad again sought time to the Anti-Corruption Commission (ACC) on Wednesday to face interrogation over his alleged accumulation of illegal wealth.Accepting his appeal, the commission granted him ten working days to appear at the ACC headquarters on May 22, said ACC public relations officer Pranab...
Read moreDirector General (DG) of Bangladesh Coast Guard Aurangzeb Chowdhury is due to return home today (Thursday) wrapping up his official visit to the Kingdom of Saudi Arabia (KSA), says a press release. During his visit on an invitation, the Bangladesh Coast Guard DG attended a graduation ceremony of Mohammed bin...
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