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BoP surplus shrinks for gaping trade deficit

Country’s overall trade deficit almost doubled in the first five months of the current fiscal year (FY) 2014-15 because of higher import payments and lower export receipts, officials said. The trade deficit rose 99.15 per cent to US$ 4.48 billion during the July-November period of FY 15 from $2.25 billion in the corresponding period of the previous fiscal. Bangladesh BankBangladesh Bank holds little hope to see any improvement in the situation in the near future. Trade circles and officials point out the country’s current situ...

US condemns attack on ex-foreign secy Reaz  

Expressing deep shock over the attack on former foreign secretary Reaz Rahman, the United States has urged Bangladesh government to investigate, track down, and hold accountable those responsible for the act. “There is no justification for such outrageous and cowardly acts in a democratic Bangladesh; we condemn the use of violence for political objectives,” Deputy Spokesperson of the US Department of State Marie Harf said in a press statement. us-state-logo_2She said, “We urge all sides to refrain from acts of violence. We ca...

Online gateway to 25,000 govt offices  

A website has brought together 25,000 government offices through separate links, allowing people to access information or file complaints easily online. The website, National Web Portal of Bangladesh, is one of the largest of its kind in the world, Zunaid Ahmed Palak, state minister for ICT, said yesterday. mobiledeviceThe site, which works as a gateway to government portals, has more than 15 lakh content items, including 40,000 photos of famous or historical places in the country, Palak said at a programme organised to highlight t...

Shakib 1st cricketer as No-1 all-rounder in all 3 formats

Celebrated Bangladeshi cricketer Shakib Al Hasan made history in the world cricket as he emerged as the number one all rounder in all the three formats of cricket—Test, ODI and T20. sakib_pc3Shakib is the first cricketer who has achieved such feat in the cricket history. According to ICC player world ranking in ODI cricket published recently, Shakib clinched the top slot securing 403 points, followed by Mohammad Hafeez of Pakistan (397) and AD Mathews of Sri Lanka (395). In the ICC Test ranking, Shakib Al Hasan topped the list secur...

AHRC fears more violence across Bangladesh

The Asian Human Rights Commission (AHRC) in a statement on Monday said, Bangladesh appears to be heading toward a bloodbath, unless relevant local and international stakeholders intervene to break the trend of political violence and censorship. AHRC also said, in the wake of the threats made by the Bangladesh Commerce Minister, the Asian Human Rights Commission has reason to fear increased violence across Bangladesh. violance BDThe Asian Rights body said, in recent weeks, the Bangladesh government has intensified its crackdown on the med...

Economy hit hard by blockade

A rolling transport blockade organised by the opposition is taking a huge toll on Bangladesh's economy, with the vital garment industry hit particularly hard, a business leader warned Sunday. Opposition leader Khaleda Zia called the open-ended blockade of roads, railways and waterways after she was confined to her office by police on January 3 while trying to mobilise anti-government protests. [caption id="attachment_11978" align="alignleft" width="300"]Khaleda Zia Main opposition leader and Bangladesh Nationalist Party (BNP) chairperson Khale...
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