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No cheer for DITF foreign participants

The foreign participants of the month-long Dhaka International Trade Fair (DITF-2015), the country’s largest and most vibrant showcasing event, experienced a ‘very dull’ business due to the ongoing political instability compelling them to rethink about their future plan. DITF 2This correspondent talked to a number of foreign participants at the fair venue who shared their experiences with grave frustrations though some of the local participants were upbeat about their business, UNB reports. “To me, it’s totally frustrating… I’ve got very poor ...

Using force not answer to political protests: AI

London-based global human rights watchdog the Amnesty International (AI) criticized the government for giving police carte blanche (blank card) to use excessive force amid the recent wave of horrific petrol bomb attacks during the ongoing violent political protests. human rights BangladeshQuoting media reports over Prime Minister Sheikh Hasina’s announcement giving liberty to police to take any action to stop arson attacks, the London-based AI said, “Remarks like these carry a high risk of being seen as an open in...

BB to continue ‘cautious’ monetary policy for H2  

The Bangladesh Bank (BB) will continue its existing ‘cautious’ monetary policy for the second half (H2) of the ongoing fiscal year (FY) 2014-15 with an aim to maximise economic growth by curbing inflationary pressure on the economy. “The cautious monetary policy stance of H1 FY 15 will remain unchanged in H2 of FY15 without any new loosening or tightening,” BB Governor Atiur Rahman said while formally announcing the monetary polity statement (MPS) for the January -June period of this fiscal at a press conference held at the central bank headquarters in Dhaka Thursday. BB gover...
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Pro-govt rally at the cost of production

Production in many garment factories in and around the capital is set to be halted today as their workers are allegedly forced to join a rally in the capital. Led by Shipping Minister Shajahan Khan, the Garment Sramik Samannay Parishad will host the meeting at the capital’s Suhrawardy Udyan protesting the indefinite blockade enforced by the BNP-led alliance. Bangladesh-rmg-workerFactory owners said they will suffer the most as thousands of their workers would abstain from work to attend the rally, reported the Dail...

Bangladesh ranked 2nd with 7pc GDP growth: IMF  

Bangladesh ranked at second place in the top 10 of growth rate with 7 percent GDP, according to IMF report. bangladeshAccording to an IMF projection Bangladesh will record the second highest growth in the world in 2019 with 7%. Iraq will top the list that year with 9.2% growth. The report only includes countries with a GDP worth over $100 billion (Tk7.8 lakh crore). Qatar topped the list in 2010 and 2011 to be replaced by Iraq in 2012. Ranging back to 2002, the graph shows Bangladesh among the top growers in 2012 with 6.1%. The follo...

Bangla Academy Literary Award 2014 announced

The winners of Bangla Academy Literary Award-2014 have been announced on Thursday. The award recipients are ShihabSarkar (Poetry), ZakirTalukdar (Fiction), ShantanuKaisar (Essay), BA LogoBhuiyanIqbal (Research), Abu Muhammad DelowarHossain (Liberation War Literature), Mainus Sultan (Travelogue) and Khaled Bin Zainuddin (Juvenile Literature). A five-member jury headed by Rafiqul Islam made the selection. Other members of the jury were AbulHasnat, Syed Manjurul Islam, AsadChowdhury and Hayat Mamud. The awards would be handed over to the nomine...
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