Home » 2015 » March » 29

Draft act eyes punishment for cheque, credit card anomalies

Bangladesh Bank has drafted the Payment System Act 2015 with a provision of financial penalty or imprisonment for irregularities in running payment services like cheque clearing, ATM and point-of-sales transactions and mobile and agent banking. The draft, which was made public for taking opinions, said that any entity would have to take prior approval from […]

At least 14 Hindu families, allegedly evicted from their homesteads by a local Jubo League leader, have been living like refugees for years. There are allegations that Zakir Hossain, a leader of ruling Awami League’s youth wing Jubo League in Taltali upazila of Barguna district, has been looking to gobble up the lands owned by […]

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Today on our effulgent Independence and National Day of pride and glory, we solemnly salute the martyrs of our Liberation War who made the supreme sacrifice for the splendid cause of freedom from alien domination. The valiant freedom fighters demonstrated the finest human values that found expression in their valour. The tyrannical forces of the […]

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Bangladesh Nationalist Party-led alliance has called a 48-hour nationwide hartal, supplementing the ongoing road-rail-waterways blockade, from Monday, demanding the return of BNP leader Salahuddin Ahmed and other missing leaders. Dhaka and Chittagong cities were kept out of the purview of hartal due to the upcoming city corporation polls, to be held on April 28. BNP […]

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Michael Clarke signed off from one-day internationals with 74 as a dominant Australia won their fifth cricket World Cup after crushing New Zealand by seven wickets at the Melbourne Cricket Ground on Sunday. New Zealand, playing in their first final after succumbing six times in the semis, suffered a body blow in the opening over […]

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New Zealand captain Brendon McCullum said he had no regrets after his team were beaten by Australia in the World Cup final at the Melbourne Cricket Ground on Sunday. Despite being bowled for a duck in the first over of the day then seeing his team beaten by seven wickets, a gracious McCullum said he […]

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German apparel and footwear brands should promote workers’ rights in their global operations by publicly disclosing the factories producing their products, says Human Rights Watch. The human rights groups is calling for ‘supply chain transparency through public disclosure’ that has countries like Bangladesh and Cambodia in the sights. “German clothing brands should promote respect for […]

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Mayoral aspirants for the bifurcated Dhaka City Corporations are submitting nomination papers on the last day. Heavyweight candidates backed by two major political alliances have submitted their nomination papers amid festivity. Some of the aspirants breached the electoral code of conducts as they crowded the local returning office though only five persons including the candidate […]

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By Dave Lindorff When I lived in China, there was a story going around about a China Airlines flight in which both the pilot and the co-pilot had left the cockpit and then, on their return, found the door locked. They reportedly got a fire ax, and with the whole planeload of freaked out passengers […]

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Implement more safeguards to protect consumers and investors from fraud A new study suggests most of the 62 registered multi-level marketing (MLM) companies in Bangladesh are operating on a product-based pyramid marketing schemes. Pyramid schemes which promise participants payments primarily taken from enrolling newer participants, rather than from selling goods and services, are notoriously unsustainable […]

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The first-ever theatre festival based on plays by Kazi Nazrul Islam concluded  on Tuesday  at   Bangladesh Shilpakala Academy.  It  successfully   kindled  greater interest in National poet’s  theatre works among theatre practitioners. The three-day event was inaugurated by Simin Hossain Rimi, a member of the parliamentary standing committee on cultural affairs ministry, Eminent Nazrul researcher Anupam […]

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International Cricket Council (ICC) president AHM Mostafa Kamal will take legal action against the organisation as the former Bangladesh Cricket Board president and Bangladesh’s minister for planning, Kamal was not allowed to hand over the ICC 2015 Cricket World Cup trophy to champions Australia after the finale in Melbourne. According to the ICC constitution, the […]

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