Sunday 29 December 2024 ,

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IDB scraps 2 projects worth $175 million

The Islamic Development Bank (IDB) has cancelled two projects worth around USD 175 million due to the delay in their implementation and to maintain its credit rating. The projects are the USD 155.5-million prepaid metering system project and the USD 20-million sustainable housing project for the low-income communities. The secretary of the Economic Relations Division (ERD), Kazi Shofiqul Azam, blamed the respective implementing agencies for the cancellation of the projects. The ERD secretary said that after Prime Minister Sheikh Hasina’s approval of the project, the IDB board had granted USD155.5 million for the Prepaid Metering System Project in February last year. However, over the last one year, the implementing agency, the Dhaka Electric…

Front Page

BCL on rampage to ‘rescue’ Dhaka University VC

At least 40 people, including journalists, were injured as activists of Bangladesh Chhatra League (BCL)…

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News

Global brand to pay for workers’ safety in RMG sector

A multinational apparel brand has agreed to pay $2.3 million to meet fire and building safety regulations in 150 garment factories across its supply chain in Bangladesh, according to global unions. According to a statement issued from Geneva on Monday, IndustriALL Global Union and UNI Global Union have…

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Metro

HC orders action against 3 cops

The High Court yesterday directed the Inspector General of Police (IGP) to take necessary actions against three the then police officers of Satkhira Sadar Police Station for their negligence in recording General Diary (GD) over a disappearance incident. The then three police officers---- Sadar Police…

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Editorial

Integrating human trafficking victims

At a seminar held in Naogaon recently by a Rajshahi based rights group, speakers have stressed the need for cohesive efforts to integrate victims of human trafficking into mainstream society. This is indeed a laudable effort because without a social place, people who had the misfortune of being trafficked…

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Op-ed

Nothing justifies corporal punishment

Let’s be bold, courageous, call a spade a spade, jump-in at the deep end, and make it categorically clear there is nothing that justifies corporal punishment. Poor parenting and poor teaching skills do not justify corporal punishment and those who dish it out are not only lawbreakers, but working…

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Business

5 operators qualify for 4G licence

All five mobile phone operators applied for 4G/LTE licence have qualified after meeting the criteria of the telecom regulator towards offering faster internet service in March, the evaluation committee of BTRC opined. After the evaluation, the committee submitted its report to Bangladesh Telecommuni-cation…

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Worldwide

Pence visits Western Wall

JERUSALEM: US Vice President Mike Pence visited Jerusalem’s Western Wall, one of the holiest sites in Judaism, yesterday, as he wrapped up a trip to the disputed city Washington has declared Israel’s capital, reports AFP. Pence and his wife Karen visited the wall separately as required by…

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Dhakalive

Actor Razzak remembered on birth anniversary

A memorial discussion on actor Razzak was held at Fazlul Haq Auditorium of Bangladesh Film Development Corporation (BFDC) yesterday, reports UNB. Bangladesh Film Directors Association arranged the event to commemorate the birth anniversary of the legendary hero. Actor Alamgir Hossain said, “In…

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Sports

Tamim tops list of scoring most ODI runs in a single venue

The record is as if synonymous with the name of Tamim Iqbal, the swashbuckling opener of Bangladesh team. Little by little Tamim is taking Bangladesh cricket coupled with his own performance to a new height with his imperious form. Tamim burst into record book by making two accomplishments in Mirpur…

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Nationwide

Punishment by BMP fails to deter wrongdoers

It seems departmental action has not been able to curb misconduct by personnel of the Barisal Metropolitan Police and district police. In recent times, policemen have been found to be involved in drug trading and scandals with women. Senior officers of the city and district police claim that action…

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Backpage

Bangladesh ahead of 40 nations

Bangladesh showed stable and qualitative improvement in major economic indicators last year, with leading 40 countries in the Inclusive Development Index (IDI) of the International Monetary Fund (IMF), reports BSS. Among 74 emerging economies, the country this year secured the 34th position in the IMF's…

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