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Mahbubul Alam passes away

Mahbubul Alam, a former editor of The Independent, passed away at a hospital in Dhaka today (Friday June 06). He was 78. Also a former adviser to the caretaker government, Alam, who started his journalism career with Associated Press of Pakistan in 1957, breathed his last at 9:25am at BIRDEM hospital, where he was admitted on Tuesday after his condition deteriorated. Doctors said he was suffering from a host of old age complications. Mahbubul AlamBorn in 1936 in Munsiganj, Alam went on retirement on October 19 last year after serving The...

‘Fiscal measures may fall short to accelerate economy’

In its assessment of the proposed national budget for fiscal 2014-15, Unnayan Onneshan , an independent multidisciplinary think-tank, has said that the government’s fiscal measures may fall short to accelerate the economy to achieve the targeted 7.3 percent GDP growth. Finance Minister AMA Muhith on Thursday placed in Parliament the Tk 250,506 crore national budget eying 7.3 percent GDP growth with a high hope that this budget will provide necessary guidelines for accomplishing the planned activities of the government. Stating that the budget is ‘long on targets, short on realities’ in achieving goals, the Unnayan Onneshan said that the share of investment to GDP needs to rise at 34.24 percent in FY 2014-15 in order to achieve the proposed rate of growth of 7.3 percent if the incr...

Female health workers boosted family planning

Wearing sandals and draped in a dark-blue sari, Aparajita Chakraborty glides into the cluster of hilltop homes with the self-assurance of someone who has long been making house calls. She has. For more than 30 years, Chakraborty has been visiting this extended family, doing checkups and dispensing advice. But she is no doctor, she’s a community health worker who has been dispatched by the local hospital. Yet she has won the trust and gratitude of the surrounding villages by saving lives – mainly from cholera and other deadly diarrhoeal diseases. [caption id="attachment_7093" align="alignleft" width="300"]

Tk 2,50,506 crore budget with 67,552cr in deficit  

The finance minister, Abul Maal Abdul Muhith, in the parliament on Thursday proposed a budget of Tk 2,50,506 crore for the 2015 financial year, with a deficit of Tk 67,552 crore, or 5 per cent of the gross domestic product, which could go up as resource mobilisation looks ambitious. The minister proposed wide direct and indirect taxes aimed for both the ordinary people and the rich while giving a breather to most industries. Budget2The budget outlay is 16 per cent more than the revised budget of the outgoing financial year. The growth of the ...

Separate booklet on tourism industry

Recognising the tourism sector’s potential, the government for the first time has come up with a ‘coordinated document’ to help flourish the sector in a planned way. “This publication is a coordinated document to help flourish tourism industry. I believe, this publication will work as guideline in expanding the country’s tourism sector,” Finance Minister AMA Muhith wrote in the preface of a book. Bangladesh-TourismThe book titled ‘Development and Floursihment of Tourism Industry’ described in details about tourist spots,...

DHL signs agreement with Farmers Bank

DHL Express, the world’s leading express company, has recently signed an agreement with The Farmers Bank Limited (FIBL), to provide international express delivery to the bank and its customers. An official corporate signing ceremony took place between DHL Express Bangladesh and The Farmers Bank Limited on May 28, 2014 at the head office of FIBL. The agreement was signed by Desmond Quiah, Country Manager, DHL Express Bangladesh and Choudhury Moshtaq Ahmed, Managing Director & CEO, FIBL on behalf of their respective organizations. DHL Express
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