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Safe food law shelved?

The Safe Food Act 2013 looked shelved for long as the ministry concerned has yet to devise the rules for coordinated action by 18 relevant ministries, leaving public health at risk from serious ailments. Even a High Court timeline given to the government to enforce the Act of Female workers share food with their children during a break at a construction site in Dhakaparliament—in the wake of growing concerns over rendering the food chain unwholesome—has lapsed long before. Parliament passe...

Tk 50 crore loan anomalies in Farmers Bank

Newly-established The Farmers Bank sanctioned and disbursed around Tk 50 crore in loans to a number of companies violating the banking rules and regulations, found a Bangladesh Bank investigation. The BB probe found that the bank’s executive committee chairman Md Mahabubul Haque Chisty was directly responsible for the anomalies as he, in some cases, passed loans without taking the approval of the EC committee, bypassed branch farmers bankrecommendations in some cases and in other cases did not take any recommendations in sanctioning t...

Exports grow 2.98pc amid unrest

Despite the wide spread political unrest in the last three months, Bangladesh has managed to export more in the first nine months of 2014-2015 fiscal year in comparison to previous years. According to the Export Promotion Bureau (EPB), the country earned $22.9 billion from exports during July-February period of the 2014-15 fiscal year against $$20.31 Import_Export_0-450x252billion in the previous corresponding period. The earnings represent a 2.98 percent growth. However, the number still hasn’t met the target...

HRW wants moratorium on death penalty

The Bangladesh government should impose a moratorium on death penalty and quickly join the growing number of countries that have abolished this practice, said Human Rights Watch (HRW), a New York-based global rights body. “The death penalty is an irreversible and cruel punishment that is made even worse HRWwhen the judiciary fails to fully review such sentences,” said its Asia director Brad Adams. He said Bangladesh Supreme Court’s rejection of the death penalty review petition for war criminal Muhammed Kamaruzzaman permits his imminent execution. Kamaruzza...

Beef price shoots up

The price of beef is likely to shoot up shortly due to shortage in cow supply, say meat traders. Beef was selling at Tk 350 to Tk 370 per kg in several kitchen markets on Saturday whereas it was Tk 280 to Tk 300 three months ago. butcherThe price hike of beef has pushed up prices of other meat too. At the start of the year, broiler chicken sold at Tk 130 per kg, which now sells at Tk 160 to 165. Mutton price has shot up, too. Earlier this year, a kilogram of mutton was Tk 450. Now the price is Tk 550 to Tk 600. The chief medical office...

AIBL EC chair, vice-chair reelected

Alhajj Abdus Samad and Alhajj Abdul Malek Mollah have been re-elected as Chairman and Vice-Chairman of Executive Commitee of the Board of Al-Arafah Islami Bank Ltd (AIBL) respectively. They were elected unanimously in the 273rd meeting of the Board of Directors held on 31 March, 2015. According to the decision of the meeting they will continue their responsibilities untill the next AGM of the Bank. image011Alhajj Abdus Samad is one of the founder director of Al-Arafah Islami Bank Ltd. He is the Vice Chairman of S. Alam Group, one o...
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