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IFC identifies possible investors, barriers too

The International Finance Corporation (IFC) has found scores of potential local and foreign financial institutions having an interest in Bangladesh's climate-smart green bond.In a study done jointly with the Bangladesh Bank, IFC has also identified 12 types of barriers to the growth of green bond market here."Local commercial banks and...

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Ensure proper use of public money for development: PM

Prime Minister Sheikh Hasina on Wednesday said the government has taken an initiative to ensure that every cent of project money is spent properly, report agencies.She pledged not to allow "termites" to eat up development benefits by plundering money from the development projects.The Prime Minister said this while inaugurating the...

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Flooding keeps worsening as rivers swell

Flood situation deteriorated further in different districts on Wednesday due to rise in water-level in many major rivers, including the Padma, Gorai and Meghna, affecting thousands of families and their agricultural lands. The situation worsened, as the Indian authorities concerned have opened all 119 gates of Farakka Barrage across the...

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Imran phones Hasina

Pakistani Prime Minister Imran Khan phoned Bangladesh Premier Sheikh Hasina on Wednesday and exchanged pleasantries and inquired about the recent treatment of her eye in London."Pakistani Prime Minister Imran Khan phoned Prime Minister Sheikh Hasina this afternoon and exchanged pleasantries," PM's Press Secretary Ihsanul Karim told BSS.The Pakistan premier inquired...

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Bangladesh sticks to stance on China

Foreign Minister Dr AK Abdul Momen on Wednesday ruled out the idea of replacing China with any other superpower for mediating with Myanmar to resolve Rohingya crisis."Due to the persuasion of China, Myanmar has agreed to be soft on a lot of things," the minister said when asked whether Bangladesh...

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Ban import, release of casino products immediately

The National Board of Revenue (NBR) on Wednesday requested the commerce ministry to impose an immediate ban on the import and release of casino and other gambling products.It also urged the ministry to amend the import policy order 2015-2018 to put the casino items on the list of banned products.In...

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Court extends time for submission of probe report

A Dhaka court again asked the Anti-Corruption Commission (ACC) on Wednesday to submit the probe report on a money laundering case against former chief justice Surendra Kumar Sinha and 10 others on November 11.Judge KM Emrul Kayesh of the Senior Special Judge's Court in Dhaka passed the order as ACC...

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A man pouring water

A man pouring water out of his submerged house at Matuail Dakkhinpara in the city on Wednesday after Tuesday's rain — Collected

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ACC sues 10 people

The Anti-Corruption Commission (ACC) on Wednesday filed a case against 10 people including a former chairman of Rajshahi Development Authority (RDA) for their connection in illegally allocating 50.57 katha lands.The former chairman of RDA Tapan Chandra Majumder, in collusion with other accused, allocated the land to several individuals divided into...

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GK Shamim placed on fresh remand

Police have been granted nine more days to grill contractor GK Shamim in two cases involving arms and money laundering, reports bdnews24.com.Dhaka Metropolitan Magistrate Mohammed Jashim passed the order on Wednesday after police produced Shamim before the court at the end of his 10-day remand in the two cases.

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36 gold bars seized at Ctg airport, one held

CHATTOGRAM, Oct 02: Chattogram Customs authorities seized 36 gold bars weighing four kilograms from the possession of a sweeper at Chattogram Shah Amanat International Airport this morning. The customs authorities also arrested the sweeper identified as Md Idris in this connection. Sources said Md Idris came out of a flight...

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