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Uncertain business climate raises BB dollar purchase

An uncertain business environment has pushed the Bangladesh Bank to purchase more US dollars from the local banks, which are facing lack of demand of the US banknotes…

September 30, 2016 · 0 comments · Front Page, National, TOP STORIES

BASIC Bank seeks more money

Scam ridden BASIC Bank, facing capital crunch earlier this month requested the government to bail it out for the third timer since 2014, finance ministry officials said…

September 30, 2016 · 0 comments · Front Page, National, TOP STORIES

ADB to lend $8b

The Asian Development Bank said on Thursday that it would increase public and private sector lending to Bangladesh to $8 billion in 2016-20…

September 30, 2016 · 0 comments · Front Page, National, TOP STORIES

England arrive today sans pace duo

England cricket team arrives here today amid unprecedented security for a one-month long tour that comprises a two-Test and three-match one-day international series but without their key pacers James Anderson and Mark Wood for injury…

September 30, 2016 · 0 comments · Front Page, National, TOP STORIES

Arrest warrant issued for Tarique in sedition case

A Dhaka court on Thursday issued arrest warrants for Bangladesh Nationalist Party senior vice-chairman Tarique Rahman and a former chief correspondent of ETV, Mahathir Farooki Parash, in a sedition case…

September 30, 2016 · 0 comments · Front Page, National, TOP STORIES

SAARC SUMMIT: Kathmandu for conducive environment

Nepal urged South Asian nations on Thursday to create a “conducive environment” so that a regional summit
can be held as scheduled in November in Pakistan’s capital…

September 30, 2016 · 0 comments · Front Page, International, South Asia

Boycotts cast shadow on SAARC summit

The 19th SAARC summit scheduled for November 9-10 in Islamabad is set to be postponed as Bangladesh, Afghanistan, Bhutan and India pulled out of participation in the summit, according to diplomatic sources in Dhaka and Kathmandu…

September 29, 2016 · 0 comments · Front Page, National, TOP STORIES

DEVELOPMENT ACTIVITIES: No oversight ruins capital

The high-powered Urban Development Committee created a decade back to oversee the capital’s development activities has been crippled by inactivity…

September 29, 2016 · 0 comments · Front Page, National, TOP STORIES
Bangladesh batsman Mosaddek Hossain plays a shot during their second one-day international match against Afghanistan at the Sher-e-Bangla National Stadium on Wednesday. — Sanaul Haque

Afghanistan stun Tigers to level series

Bangladesh paid the price of poor batting to suffer a shock two-wicket loss to Afghanistan in the second one-day international on Wednesday, which kept them waiting for final match on October 1 to wrap-up the series…

September 29, 2016 · 0 comments · Cricket, Front Page, National, Sports, TOP STORIES

SINGLE POINT MOORING WITHOUT BIDDING: Officials to go abroad to evaluate contractor’s capability

The energy and mineral resources division will send a team of its officials Angola and Abu Dhabi to evaluate the capabilities of the contractor appointed for the implementation of Single Point Mooring project and the cost of similar job…

September 29, 2016 · 0 comments · Front Page, National, TOP STORIES
People from all walks of life pay tribute to the mortal remains of writer Syed Shamsul Haq at Central Shaheed Minar in the capital on Wednesday. — Sourav Lasker

Tributes of love showered on Syed Haq

People from all walks of life poured their heartfelt love and respect at Central Shaheed Minar on Wednesday as the mortal remains of celebrated writer Syed Shamsul Haq, who died Tuesday, was kept there…

September 29, 2016 · 0 comments · Front Page, National, TOP STORIES

ADB okays $1.5b loan for railway linking Cox’s Bazar

The Asian Development Bank will provide US$ 1.5 billion to Bangladesh to build a dual-gauge railway line between Dohazari and Cox’s Bazar, the Manila-based multilateral lending agency on Wednesday said…

September 29, 2016 · 0 comments · Front Page, National, TOP STORIES
A file photo taken on April 12 this year shows Maia Santos Deguito, a branch manager of the Rizal Commercial Banking Corp (RCBC) whispers to her lawyer as she testifies during a Senate hearing on the money laundering involving $81 million stolen from Bangladesh central bank, at the Philippine Senate in Manila. — Reuters photo

CRACKING BB RESERVE THEFT: US seeks accused Manila banker’s help

The FBI is negotiating with a former branch manager of a Philippines bank for information relating to $81 million that she handled after it was stolen from the Bangladesh central bank’s account at the New York Federal Reserve, her lawyer said…

September 29, 2016 · 0 comments · Front Page, International, South Asia

Thirsty megacities poisoning rural groundwater: study

A massive drawdown of water beneath delta-based megacities across the world may be pulling surface pollution deeper into the ground, risking contamination and health problems for local populations, a new study said Tuesday…

Farewell boon turns bane

The cabinet division on Wednesday initiated a probe into allegations of irregularities against outgoing deputy commissioner of Mymensingh Mustakim Billah Faruqui following media reports about several dozen colorful farewells accorded to him in recent times…

September 29, 2016 · 0 comments · Front Page, National

Awarding projects sans bidding rises

Awarding projects without bidding rose sharply in the past one year creating scopes for an increase in project costs in the absence of competition…

September 28, 2016 · 0 comments · Front Page, National, TOP STORIES
Syed Shamsul Haq

Syed Shamsul Haq dies

Independence Day award-winning poet-playwright Syed Shamsul Haq died at the capital’s United Hospital on Tuesday evening. He was 80.
He had been suffering from lung cancer…

September 28, 2016 · 0 comments · Front Page, National, TOP STORIES
Republican US presidential nominee Donald Trump shakes hands with Democratic nominee Hillary Clinton after the debate at Hofstra University in New York on Monday. — Reuters photo

Clinton, Trump clash in fiery first debate

Hillary Clinton and Donald Trump traded insults and sparred over temperament, stamina and judgement Monday, in a fiery US presidential debate that often saw the Republican on the back foot…

Tigers hunt 100th win, series

Bangladesh will look to earn their 100-th win in one-day internationals when they take on Afghanistan in the second ODI of the three-match series at Sher-e-Bangla National Stadium today…

September 28, 2016 · 0 comments · Cricket, Front Page, National, Sports, TOP STORIES

SAARC summit uncertain as Delhi pulls out

The 19th SAARC summit scheduled for November in Islamabad has become uncertain as India has already pulled out of participation in the summit…

September 28, 2016 · 0 comments · Front Page, National, TOP STORIES

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