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SBAC Bank holds 2nd AGM

The 2nd Annual General Meeting (AGM) of South Bangla Agriculture & Commerce  Bank (SBAC Bank) Limited was held at its Head Office recently. AGMS.M Amzad Hossain Chairman of South Bangla Agriculture & Commerce Bank Limited were present there as a chief guest. Another Members of the Board of Directors and Share Holders of the Bank were present there. Md. Rafiqul Islam Managing Director & CEO of the Bank delivered welcome speeches. High officials of the Bank were also present there among others.

Loan to women entrepreneurs mandatory

All commercial banks and non-banking financial institutions (NBFIs) will have to provide minimum Tk 50,000 as loan to at least a woman entrepreneur each year to expedite the ongoing financial inclusion programmes in Bangladesh. “We’ll able to create nearly 10,000 women entrepreneurs every year if the initiative continues,” Bangladesh Bank Governor Dr Rahman said while announcing the unique scheme yesterday afternoon. [caption id="attachment_14355" align="alignleft" width="300"]Bangladesh-bank Bangladesh Bank Governor Dr Atiur Rahman ha...

Swedish Nobel winning poet Tomas Transtroemer dies

Swedish poet Tomas Transtroemer, who won the 2011 Nobel Prize for Literature, has died at the age of 83, his publishing house Bonniers said on Friday. [caption id="attachment_14352" align="alignleft" width="300"]Tomas-Transtroemer-wbn A picture taken on March 31, 2011 shows Swedish poet Tomas Transtroemer at his home in Stockholm. Photo: AFP/ Jessica Gow[/caption] Transtroemer, who suffered a stroke in 1990 which affected his ability to speak, wrote poems full of imagery that addressed nature, history and death. He has...

Bangladesh ranks 73 in govt transparency

Bangladesh has been ranked a below average country in the ‘open government index-2015’ that defines the level of transparency in governance. The country has been placed at 73rd position among 102 nations, according to the index prepared by Washington-based World Justice Project. govtBangladesh has scored less than half (0.47) of the full marks allocated in four categories for measuring the openness. Three countries that are at the bottom of the list are Myanmar (100), Uzbekistan (101), and Zimbabwe (102). The top three countries are ...

Premises on the question of political crisis in Bangladesh

Today’s Bangladesh faces political crisis as scores of news-reports and views claim [an end-note to this article cites headings/excerpts of a few of those], and today’s Bangladesh doesn’t face political crisis as one can claim periods of turmoil are not crisis, can cite a few data from economy, and can also refer to a lull within a long period of crisis. Both the statements, one can claim, are correct in relative terms. On the other hand, any of the two cancels the other. Only a scientific approach to the question – crisis – can provide a reliable answer. The approach should look into all related aspects instead of making sweeping remarks based on superficial observations and shallow search that ignores basic elements of crisis.

Bangladesh on the Brink

The recent political turbulence sweeping Bangladesh has cost more than 100 lives since January and job strikes have brought near standstill to Dhaka, the country’s capital and economic nerve center. Stretching back to independence, the country’s divorce with Pakistan has left a trail of political instability resulting from frequent military interventions, high-profile political assassinations and a dysfunctional democratic order that revolves around two political parties. Atop these bipolar camps are two women known as the ‘Begums’ — the current Prime Minister Sheikh politics BD
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