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Tender issued to import 50,000 T wheat

Bangladesh has issued an international tender to buy 50,000 tonnes of wheat, the latest in a series of tenders as the country looks to replenish reserves, a procurement official said on Monday. The imports are part of a plan by the Directorate General of Food, the state agency, to ship in 850,000 tonnes of wheat in the current financial year, up from around 350,000 tonnes the previous year, Reuters reports. wheatThe deadline to submit offers under the latest tender is Dec. 5, with validity up to Dec. 15, and the wheat is to be shipped within 40 days of sign...

HC issues rule on ‘No Vote’

Responding to a public interest litigation (PIL) writ petition, the High Court (HC) on Sunday issued rule asking the government and the Election Commission to explain why they should not be directed to bring amendment to the Representation of the People Order (RPO) to reintroduce the provision for ‘no’ vote. After a brief hearing on the PIL writ petition filed by two lawyers — Shahriar Majid and Rokanuddin M Faruq — an HC division bench comprising Justice Mirza Hossain Haider and Justice M Khurshid Alam issued the rule, which is returnable in two weeks. High Court

Iran, world powers reach deal in nuke talks

Iran struck a historic deal Sunday with the United States and five other world powers, agreeing to a temporary freeze of its nuclear program in the most significant agreement between Washington and Tehran in more than three decades of estrangement. Iranian President Hassan Rouhani endorsed the agreement, which commits Iran to curb its nuclear activities for six months in exchange for limited and gradual sanctions relief, including access to $4.2 billion from oil sales. The six-month period will give diplomats time to negotiate a more sweeping agreement. It builds on the momentum of the public dialogue opened during September’s annual U.N. gathering, which included a 15-minute phone conversation between President Barack Obama and moderate-leaning Rouhani, who was elected in June. ...

New pay commission headed by Dr Farashuddin

A 16-member Pay and Services Commission, headed by former governor of Bangladesh Bank Dr Mohammed Farashuddin, was formed to assess public servants’ salaries. Farash Uddin “Dr Mohammed Farashuddin has been made chief of the commission while former secretary Abul Kashem its member secretary,” Finance Division secretary Fazle Kabir told the media, reports UNB. On October 30, Finance Minister AMA Muhith announced the formation of two commissions to fix the salary structure of public servants and remove discrepancies in salaries among different ca...

PM for raising share market awareness among investors

Prime Minister Sheikh Hasina asked the authorities concerned for taking more programmes to make small and new investors aware about relevant laws and rules of the share market to minimise their risks. “I would like to ask all concerned to take more awareness-raising programmes for the small and new investors in the capital market so that they can understand the risks,” she said. Hasina was addressing a function after laying the plaque of foundation stone of Bangladesh Securities and Exchange Commission (BSEC) at the Bangabandhu International Conference Center (BICC) on Sunday. sheikh-hasina_25

Most US retailers refuse aid to Bangladesh factory victims

Most United States retailers, who sold garments manufactured in devastated Bangladesh's RanaPlaza factory and Tazreen factory, have refused to join an effort to compensate the families of more than 1,200 workers who died in the factory fire. ranaplazaNone of the American companies, neither Walmart, Sears, Children's Place, nor any other company has agreed to contribute to the efforts of creating compensation funds for the victims' families, even after one year of the incident, the New York Times reports. The International Labor Organizatio...
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