Export to US market surges
Target set to cross $ 5.5b
Kazi Zahidul Hasan
 
The country’s export to the USA market is likely to attain a high growth by the end of the current fiscal year as shipments of local merchandise to the world’s largest economy is booming  tremendously in the recent times, official sources said.
The USA [...]

EPB- a den of corruption
ACC launches investigation against dishonest officials
Kazi Zahidul Hasan
 
The Export Promotion Bureau (EPB) has become a ‘den of corruption’ by adopting unfair means in allocation of tenders, sending business delegations aboard, misuse of power, transfer trade  and financial  irregularities, sources alleged.
“Nepotism in awarding tenders and misuse of power reached to a record [...]

Two killed in shootouts with RAB, police
Extrajudicial killings fall remarkably: NHRC
Staff Reporter
 
The number of extrajudicial killings (in crossfire and police custody) in the country has fallen remarkably though it has not come to an end, said National Human Rights Commission (NHRC) Chairperson Dr Mizanur Rahman on Wednesday.
“The Commission is working with the goal to put [...]

Relatives, HR bodies urge govt
Ensure security of  Bangladeshis in ME
Staff Reporter
 
Several immigration and human rights organisations and the relatives of Bangladeshi workers demanded of the government to take immediate action to ensure the security of the Bangladeshi workers living abroad, particularly in the Middle East countries.
Concern over the security of the Bangladeshi immigrants has spread [...]

Primary obligation of  Parliamentary Committees is to make Parliament functional
When  a ruling party member of a Parliamentary Committee sermons about making parliamentary committee efficient and affective then one can only wonder about the true intentions. There is no anxiety about the fact that the Parliament itself is in a dysfunctional state. It has come out [...]

Probing stock scam ’99
Badal defrauded bank with fake shares
Staff Reporter
Latif Securities, a stock broker, has taken loans of Tk 89 lakhs depositing fake shares, an investigation reveals.
“Lutfar Rahman Badal, former chairman of IFIC Bank and managing director Latif Securities in connivance with top officials of Pubali Bank Limited, got the loan sanctioned from the Motijheel [...]

DSE’s sharp fall pushes  investors to street again
Staff Reporter
Hundreds of angry investors took to the street in the capital’s Motijheel area on Wednesday protesting a slump in share prices after an initial gain in the morning. The agitating retail investors brought out processions at 3:00 pm, the closing hour of trading, blocking the roads between [...]

BBC Online
 
Rich nations are failing to live up to their promise of giving US$30bn to poor countries to help them cope with climate change, according to a report.
The money was pledged at last year’s Copenhagen summit in order to build trust between rich and poor nations.
The scheme - championed by former UK PM Gordon Brown [...]

Govt embargo
No new power connection despite 3-month expires
UNB, Dhaka
Although the government embargo on giving new power connections expired three months ago, power hungry consumers have found the conditions extremely rigid to get the power.
In reality, people depending on kerosene and candle light have hardly got the power connection. Nor the businessmen long waiting for power [...]

26 SOEs to get ultimatum for offloading shares
BSS, Dhaka
The Finance Ministry is giving 26 state-owned enterprises (SoEs) an ultimatum for offloading their shares soon to help stabilise the stock market by increasing supply of good issues.
Finance Minister Abul Maal Abdul Muhith told reporters yesterday that his ministry would sit with the top officials of the [...]