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Secondhand C-130Js for Bangladesh Air Force

Bangladesh has selected the UK's Marshall Aerospace and Defence Group to modify a pair of ex-Royal Air Force-operated Lockheed Martin C-130Js and provide long-term support for the tactical transports. Announced by Marshall on 10 May, the deal will include work in designing, developing and installing a new medical evacuation fit for Dhaka's Hercules. This will "enable the Bangladesh air BAFforce to carry out important tasks within the country and overseas delivering support to UN missions," the Cambridge-based company says. Marsha...

CSE demonstrates changes in ESS

 A latest amendment to the Bangladesh Securities and Exchange Commission (Pubic Issue) Rules, 2015 was gazetted on 6th July, 2017. As per the amendments, all eligible institutional investors have to apply for all IPOs at fixed price from now through the CSE and DSE’s joint new Electronic Subscription System (ESS). It is mentionable that IPO application by the eligible institutional investors has already started through ESS process. Since September 2017. A new directive regarding the code of conduct of eligible investors has added last 20 February 2018 by BSEC. Earlier the demonstration program on the new changes of IPO Application had arranged at CSE

Habibur re-elected as PBL chairman

The 35th Annual General Meeting (AGM) of Pubali Bank Limited was held at bank’s auditorium on May 10, 2018. Chairman of the Board of Directors of Pubali Bank Ltd. was re-elected Habibur Rahmanunanimously in its 1161st Board Meeting after Annual General Meeting. Eminent Industrialist and social worker Habibur Rahman has been re-elected as Chairman of the Board of Directors of Pubali Bank Ltd. for 02(two) years. Mr. Habibur Rahman is a renowned businessman and engaging himself with various s...

200 years on, Marx is still relevant

In September 1999, the BBC launched an online poll to find the greatest thinker of the millennium. Karl Marx, a great German philosopher and pioneer of the international communist movement, topped the list, leading Albert Einstein, Isaac Newton and even Charles Darwin with a clear margin. Born in the Rhineland city of Trier on May 5, 1818, Marx lived in an era of drastic transformation. In that year, Britain was planning to build the world’s first railway, Prussia initiated the establishment of a customs union, and French peasants continued to flee their homes into cities because of heavy taxation, reports XINHUA. In the decades after his death, bourgeois governments introduced numerous reforms designed

Bangladesh: Food assistance fact sheet

Attacks by armed actors on Burmese security posts in August 2017 and subsequent military operations in Rakhine state, home to the majority of Rohingya Muslims in Burma, has caused a major humanitarian crisis in neighboring Bangladesh. The violence in Burma has forced approximately 693,000 Rohingya refugees to flee to southeastern Bangladesh, joining more than 213,000 Rohingya living in the country prior to August 2017, according to the UN. Most of these refugees currently reside in temporary settlements near Cox’s Bazar, where they rohingya-child...
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Transparency, accountability in public fund management

Increase of tax collection, fund allocation and ensuring transparency and accountability in public fund management, poverty alleviation, reducing the income disparity should get most priority in the upcoming national budget. According to World Health Organization’s report 52 lakhs peoples are living under poverty line in the country who do not have access to   proper health care service. So, sufficient amount of budget must be allocated for health sector for providing maximum health service to the rural poor and hard core poor people of the country, so that they could fully engage in economic main stream activities-speakers told at a seminar in the city on Saturday.
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