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Unused foreign funds hit new high of $23b

The amount of unused foreign aid in the pipeline reached a new high of $22.95 billion in March as the government is slow in utilising the low-cost fund, which accounts for about 40 percent of the development budget. A finance ministry official said foreign aid commitments rose in recent years but the absorption capacity of […]

An urgently needed Cabinet reshuffle is being planned by Narendra Modi and his Bharatiya Janata Party (BJP) henchman, Amit Shah, as the Indian prime minister enters his third year in office. He has not achieved nearly as much as he should have done in the two years since he was sworn in on May 26, […]

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Afsan Chowdhury Death by bullets and swords are few compared to deaths by starvation caused by famine.  In Bengal alone, 17 million estimated people have died since 1770 and we have not even remembered them. No death figure in the regional history comes even close to that. The enemy didn’t come with guns but bad […]

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At least 10 people were killed and scores were injured as violence intensified in the fifth phase of the elections to union parishads across the country that was also marred by widespread rigging, intimidation, mostly carried out by ruling Awami League activists. Many polling centres were allegedly captured by AL activists who reportedly stuffed the […]

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Experts at a dialogue on Saturday said the government should review the restrictive double-taxation avoidance treaties Bangladesh has signed with different countries as the country is losing its vital revenues due to the agreements which have also failed to attract the expected volume of foreign direct investment to the country. At the dialogue ‘mistreated tax, […]

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Left-leaning political leaders on Saturday stressed the need for a collective movement to make the Bangladesh Railway people-friendly and functional. At a convention they also said people of all classes must be engaged in the movement to save the railway from destruction in the name of privatisation. Communist Party of Bangladesh and Socialist Party of […]

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Danish Ambassador in Dhaka Hanne Fugl Eskjær has used her house to promote a 200-year old dying Bangladeshi tradition of metal works. The gorgeous display of Dhamrai Metal Crafts drew lot of attention in the art weekend that ended on Saturday. Seven envoys from Brazil, Denmark, Germany, the Netherlands, Norway, Switzerland and Canada displayed different […]

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It is the nature of law to be direct and precise. Hence, paying our respect, we won’t either. The legal system in Bangladesh when it comes to registering your business can be confidently termed “shady” in many cases, but the basics remain upright as always. In order to gain a comprehensive insight into the prerequisites […]

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Bangladesh is at high risk of a major earthquake, but the country lacks preparedness in the sectors where it is really possible to minimise casualties and damage, observed government officials, academics and professionals on Saturday at a seminar in the capital. The country lacks dedicated communication system for disaster-time, auto-shutdown system of major utilities like […]

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