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Security concern prevails in administration

The government has claimed that the law and order situation is normal, but the Ansars, BGB and police have been asked to continue providing security for the railway, roads and highways and field-level administration. Special security has also been requested for the secretariat staff buses. govtEarlier, 8328 ansars had been deployed in 1041 places for railway security. After a letter was issued, this was extended by 45 days. And 11,916 ansars and VDP personnel were deployed in 993 risky spots along the highways. The home ministry has written to the ro...

Jute packaging law remains ineffective

The Mandatory Jute Packaging Act 2010 that made the use of jute bags in packing food stuff and farm produces mandatory to help the jute millers and growers could not be enforced properly even after five years of its enactment. Enacted in 2010, the rules of the law were formulated by Textiles and Jute Ministry in 2013 that clearly mentioned that all the traders as well as the government jute goodsorganisations concerned should use jute bags while packing trading paddy, pulses, wheat, fertilizer and sugar, reports UNB. However, traders and millers ...

Pvt sector’s credit appetite dips in Jan

The country’s private sector credit growth decreased in January from that of December as the businesspeople maintained a go-slow investment policy due to the ongoing political violence. According to Bangladesh Bank data released on Wednesday, the year-on-year credit growth rate in the private sector decreased to 13.33 per cent in January compared with that of 13.50 per cent in December 2014, reports the New Age. Workers on the floor of a garment factory in BangladeshCredit flow to the private sector stood at Tk 5,41,881.90 crore as of January 201...

NY leads cities boasting most billionaires with 78

According to Forbes, New York has more billionaires than any other city in the world – 78. With 10 less than the Big Apple, Moscow comes in second, home to 68 billionaires. Asia’s population of super wealthy individuals has risen sharply in recent years and Hong Kong rounds off the top three with 64. London is home to 46 billionaires, one more than Beijing which has 45. China’s capital is on course to overtake London in the near future. New YorkBeing ultra-rich is an inspiration to many people. However, not everyone can achieve the ultimate g...

Have Bangladeshis overtaken Pakistanis in Britain?

At home and in diaspora, Bangladeshis are leaving Pakistanis behind in human development and prosperity. Recent research from Britain revealed that children born to Bangladeshi parents achieve higher grades than those born to Pakistani parents. Furthermore, the average household income of Bangladeshis in Britain is now higher than that of Pakistanis. BD+PAK in UKIn a short span of four decades, Bangladeshis have not only caught up to Pakistan in development and prosperity (both at home and in diaspora), they are also likely to achi...

Inflation soars amid political instability

Country’s inflation leaped to 6. 14 percent in February due to soaring food costs amid political instability the country has suffered since January, official figures showed Wednesday. According to data released by Bangladesh Bureau of Statistics (BBS), the inflation rate went up from January’s 6.04 percent to 6. 14 percent in February. inflationThe data showed that the country’s food prices grew 6.11 percent in February from 6.07 percent in January. A senior BBS official said food inflation soared last month due to “political instabil...
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