Monday 25 November 2024 ,

Online Version

Sovereign Wealth Fund on the cards

For the first time, the government has decided to create a state-owned agency, named ‘Sovereign Wealth Fund’ to provide loans, guarantees and grants to the state and to businessmen to develop the country’s economy. A committee has been formed in this respect, headed by Bangladesh Bank (BB) deputy governor Shitangshu Kumar Sur Chowdhury. The committee also includes Policy Research Institute (PRI) Executive Director Dr Ahsan H Mansur and has been tasked with the preparation of a proposal to create the fund, disclosed sources in the central bank and in the Banking Division. The committee has held two meetings– one at the BB and another at the Banking Division– to hammer out the proposal of the fund, the sources added.…

Front Page

Pak police academy attack kills 61

Pakistan on Tuesday mourned the killing of at least 61 people in a brutal gun and suicide bomb assault…

More News ⇒

News

Foreign minister holds talks with Canadian counterpart

The repatriation of self-confessed Bangabandhu killer Noor Chowdhury was to be at the top of Bangladesh’s agenda in the bilateral meeting due to be held this morning (Tuesday) between Foreign Minister Abul Hassan Mahmood Ali and his Canadian counterpart Stéphane Dion in Ottawa. The meeting,…

More News ⇒

Metro

Gas crisis worsens in capital

Naznin Shanta, a housewife living in Dhaka’s Dakshin Khan, has bizarre cooking hours these days. She cooks three meals in the middle of the night, and stores them all in the fridge. Not that she has a choice. “Throughout the day, there is no gas pressure in my oven. The pressure in the pipeline…

More News ⇒

Editorial

Don’t stigmatise migrants!

The world is currently seeing human exodus unprecedented in recent human history. Masses, displaced from their homes due to conflict, are forced to undertake perilous journeys to find refuge in another state. This huge influx of people from war torn areas has triggered what many term as a migration…

More News ⇒

Op-ed

Bob Dylan and the Nobel Prize

This year the Nobel Prize for Literature was won by singer, composer and social activist Bob Dylan. He has been influential in popular music and culture for more than five decades. Much of his most celebrated work dates from the 1960s when his songs chronicled social unrest, although Dylan repudiated…

More News ⇒

Miscellaneous

Deal signed for 74-km 230KV capacity grid line in Ctg

State-owned Power Grid Company of Bangladesh (PGCB) yesterday signed a contract with a Japanese-Korean consortium to build new grid lines to enhance electricity transmission and supply capacity in the Chittagong region, UNB reports. Under the contract, the consortium of Japanese firms Fujikura Ltd.,…

More News ⇒

Business

Historic UK-Ctg port links remain strong, says envoy

British High Commissioner in Dhaka Alison Blake has said the “historic links” between the United Kingdom and port city Chittagong will remain strong and vital for both Bangladesh and the UK, reports UNB. “The UK has been a partner in the growth and development of Chittagong for more…

More News ⇒

Worldwide

Wave of IS atrocities near Mosul

The UN said yesterday it had received reports of dozens of execution-type killings by the Islamic State group (IS), including the slaying of 50 former police officers, as Iraqi troops close in on Mosul, reports AFP. The allegations — which remain “preliminary” — have come from…

More News ⇒

Dhakalive

‘Fazlul Haque Memorial Award 2016’ to be conferred today

Noted filmmaker Azizur Rahman and veteran cine-journalist Mustafa Jabbar have been selected for this year’s Fazlul Haque Smrity Award (Fazlul Haque Memorial Award 2016). Today, on the occasion of Fazlul Huque’s death anniversary, Fazlul Huque Smrity Committee will hand over the awards to…

More News ⇒

Sports

Seven franchisees warm up for BPL

Seven franchisees are warming up to start their campaign in the upcoming BPL-4 edition. The most glamorous cricket tournament will be held in Dhaka and Chittagong. Bangladesh Cricket Board (BCB) has already released the full fixture and the itinerary for the BPL-4 recently. On the other…

More News ⇒

Nationwide

2 held over stabbing schoolgirl

Police arrested two relatives of the main perpetrator in connection with the stabbing of a schoolgirl from Uposhohor Para in the district town yesterday morning. Officer-in-charge of Sadar Police Station Harendranath Sarkar said a team of police conducted a drive in the area and detained the couple…

More News ⇒

Backpage

Court order puts UGC in a fix

A recent court order on the opening of law departments in private universities has put the University Grants Commission (UGC) in a fix. The order, which came on April 13, 2016, said universities would have to take the permission of the Bangladesh Bar Council (BBC) to start LLB courses. But the order…

More News ⇒

Panorama

Even if Democrats win the Senate in 2016, their majority is unlikely to endure

If we are being honest, the presidential race between Hillary Clinton and Donald Trump is effectively over. Which means that the big fight over the next 15 days is for control of the Senate, where Democrats need a net gain of four seats to retake control. That prospect is looking more and more likely…

More News ⇒