BD may request cut in hiked loan interest rate
Bangladesh is likely to request Japan International Cooperation Agency (JICA) President TANAKA Akihiko to slash the newly hiked interest rates for the loans to be used to finance different projects, officials say.Prime Minister Tarique Rahman may appeal to the JICA chief in this regard, underscoring the growing fiscal pressure on...
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Pangaon terminal making the grade under foreign operator
With a foreign operator managing the Pangaon Inland Container Terminal (PICT) since this February, the Dhaka-based river terminal is attaining record-breaking success in handling boxes. During the last five months of operation, Swiss company Medlog SA, a concern of Mediterranean Shipping Company (MSC) Group, handled some 5,000 twenty-foot equivalent units...
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Artist Mustafa Monwar, the 'Puppet Man of Bangladesh', passes away
Mustafa Monwar, the artist, theatre director, and art researcher known for his pioneering work in puppetry, has passed away at the age of 91. He breathed his last around 8:30am on Monday while undergoing treatment at Square Hospital in Dhaka, reports bdnews24.com.Monwar was suffering from various diseases related to old...
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BB eases exit facility for defaulters
The Bangladesh Bank (BB) on Monday relaxed its one-time 'Special Exit Facility' for default borrowers in a move aimed at reducing mounting non-performing loans (NPLs) and strengthening banks' capacity to extend fresh credit to productive sectors.In a circular, the central bank said loans classified as 'Bad/Loss' as of June 30,...
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DGHS records highest daily dengue toll at five
The health authorities on Monday registered the season's highest single-day dengue toll with five deaths on Monday, taking the total fatalities to 18 since January.Of the total, 13 people died from the mosquito-borne disease in June alone, according to the Director General of Health Service (DGHS) data.Out of five new...
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Bring back Tk 28t laundered money, fix economic problems
Leader of the Opposition and Ameer of Bangladesh Jamaat-e-Islami Dr Shafiqur Rahman Monday urged the government to recover an estimated Tk28 trillion allegedly siphoned off the country over the past 17 and a half years, arguing that repatriating even a fraction of the money would eliminate the budget deficit.Taking part...
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DU unveils 20-yr roadmap to be world-class
Dhaka University Vice-chancellor Prof Dr A B M Obaidul Islam has announced a 20-year academic development plan aimed at transforming the university into a world-class institution.He unveiled the plan, titled "Dhaka University Academic Plan (2026-2046)," during his speech as the Senate chairman at the annual Senate meeting held at the...
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Open market sale (OMS) trucks
Open market sale (OMS) trucks have recently seen a drastic reduction in the typical long queues. Those buying such products in the past say daily essentials are now quite affordable. The picture was taken from the capital's Palashi area on Monday. — FE photo
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