UNB, Dhaka
The International Monetary Fund (IMF) is likely to provide one billion US dollars to Bangladesh, almost without any interest, by next 2-3 three months for the implementation of the Poverty Reduction Strategy II (PRS-II) launched earlier this year.“We’ve earlier sought their (IMF) assistance for implementation of the PRS-II. We hope to get $ 1 [...]

Staff Reporter
Finance Minister Abul Maal Abdul Muhit has said the present inflation rate 7.39 is not alarming on the backdrop of global situation.He said this while talking to journalists at the Secretariat yesterday after a meeting with an IMF delegation headed by its Asia-Pacific Regional Director Anup Singh.According to the Bangladesh Bureau of Statistics (BBS), [...]

Staff Reporter
The government yesterday approved the draft ‘Industrial Policy-2010′ to assist sick industries as well as public and private sector developments for bringing a rapid growth in the industrialisation of the country.“Prime Minister Sheikh Hasina emphasised on continuous balanced partnership and advancement between public-private entrepreneurships for massive industrialisation and development in the country,” Abul [...]

Desk Report
President Zillur Rahman granted clemency to 20 Awami League activists sentenced to death for murder are being set free from Dhaka and Rajshahi Central jails anytime now.Sadar Upazila Parishad vice-chairman Asadur Rahman Asad told UNB yesterday night that documents of the President’s granting their mercy petitions reached the Dhaka and Rajshahi jails on Thursday. [...]

Staff Reporter
The Parliamentary Special Committee on Constitution postponed its Fourth, Fifth and Sixth meetings scheduled for September 4, 5 and 6, according to sources in Parliament Secretariat.The next dates of the meetings will be announced later, said the sources.The Special Committee in its Third meeting on August 24 decided to hold series of meetings early [...]

Staff Reporter
The next session of the Jatiya Sangsad (JS) will begin at 4 pm on September 20.President Zillur Rahman has summoned the sixth session of the parliament under the authority vested in him under Article 72 (2) of the constitutional.The fifth session of parliament had started on June 2 and it was prorogued on July [...]

Staff Reporter
An unnatural death (UD) case filed last month following the ‘murder’ of Jubo League leader Ibrahim Ahmed has turned into a regular one.A Dhaka Court passed the order in response to a petition filed by the Detective Branch (DB) of police.The police have filed another case over the murder of Ibrahim, an associate of [...]

Staff Reporter
Ruling Awami League will resist BNP’s post-Ramzan movement if it was to save the war criminals and BNP Chairperson’s two sons - Tarique Rahman and Arafat Rahman Koko -from their misdeeds. AL Acting General Secretary Mahbub-Ul-Alam Hanif hinted their tough stance at a press conference at party president Sheikh Hasina’s political [...]

AP, Washington
Seeking to broker a Mideast peace agreement that has eluded U.S. presidents for decades, the Obama administration is overseeing the first direct negotiations between Israel and the Palestinians in nearly two years.After a day and evening in White House talks with President Barack Obama, Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas [...]

BSS, Dhaka
Bangladesh Bank (BB) has brought a major change to the foreign exchange regulation to give a further boost to the country’s growing ICT sector.The change allows ICT firms and software developers remit US $10,000 per year for their business purpose without prior permission from the central bank.A BB circular issued on Thursday said the [...]