The government is likely to form an Independent Election Commission (IEC) soon headed by a retired judge for holding election of the board of directors of Grameen Bank (GB) in a move to shift the responsibilities of electing the Grameen Bank board from Bangladesh Bank. The move comes after the central bank had recently expressed its inability to oversee the election. Two ministers – Finance Minister AMA Muhith and Law Minister Anisul Islam Mahmud – have discussed primarily about formation of the IEC. The final decision may come within a few weeks, reports the Daily Sun. “This has not been decided yet, but this might be the appropriate way to hold the (GB board of directors) election. Final decision in this regard would come soon—perhaps by the next couple of weeks,” said Dr Md ...

The government of Bangladesh will now extend visa on arrival facility to Omani citizens, a statement issued by the country’s embassy here said. “Considering the existing excellent bilateral relations and the growing friendship and interaction between the people of the two brotherly Muslim countries, the government of Bangladesh has unilaterally decided to extend visa on arrival facilities for all Omani citizens,” the statement said. Citizens of Oman holding diplomatic, official or regular passport, who intend to visit Bangladesh ...

Escorts, India’s leading tractor brand, has announced the launch of its two new series of tractors in Bangladesh, the most powerful offerings in their respective categories. While the new FARMTRAC 6060 - Heritage series in 60HP segment is positioned in the high-end premium tractor category, the new POWERTRAC Diesel-Saver Plus 4455 Euro series is available in 55 HP range. It is placed in the mid-size, popular segment. The Farmtrac 6060 is a modern product line from Escorts that comes with European style and comfort. Being part of the Heritage series wh...