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EU slaps cargo curbs on Dhaka

The European Union has put Bangladesh on the list of high-risk countries in terms of operating cargo services by air and sea to the EU countries, said sources at the Civil Aviation Authority of Bangladesh. EU Ambassador in Dhaka Pierre Mayaudon disclosed the decision at a meeting with CAAB Chairman Air Vice-Marshal Ehsanul Gani Chowdhury […]

Interest rate on deposits slid below the 5-percent mark and well under the inflation rate, compounding the woes of savers who have already been hit by a large hike in excise duty on their balances. In April, weighted average deposit rate stood at 4.97 percent, down from 5.77 percent a year ago, according to Bangladesh […]

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BNP Secretary General Mirza Fakhrul Islam Alamgir has said the government has taken many anti-environmental projects just to stay in power. “The government has been taking anti-environment projects one after another for corruption and to protect their interests and destroying the environment,” Fakhrul alleged. Fakhrul was addressing a seminar on the occasion of World Environment […]

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Bangladesh, which pursues ‘friendship to all, malice towards none’ foreign policy is facing a new dilemma if the tension between Saudi Arabia and Qatar spirals. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism. They also accused Qatar of backing militant groups — […]

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Bangladesh batsman Mehedi Hasan is clean bowled out by Australian paceman Mitchell Starc during their ICC Champions Trophy match at The Oval in London on Monday. — AFP photo The moment Tamim Iqbal top-edged Mitchell Starc, it left Bangladeshi fans shell-shocked, mostly because the shot ended a fine innings in an unfortunate manner. The ball […]

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The maximum penalty for offences under the speedy trial Act is going to be raised by two years as the cabinet has cleared a proposal to amend the law. On Monday, the weekly regular cabinet meeting chaired by Prime Minister Sheikh Hasina was held in the parliament premises, where the amendment for the speedy trial […]

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A half-day hartal in protest against the arson attacks on indigenous people in Longadu following death of a Jubo League leader, ended peacefully in Rangamati as there were no report of untoward incident. United People’s Democratic Front (UPDF), a political group of indigenous people, declared on yesterday the six-hour hartal from 6:00am on Monday (today). […]

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Bangladesh’s growth in 2017 will be 6.8 percent, the World Bank has said in a report. The global lender, in its report Global Economic Prospect released Sunday, attributed the decline in growth to sliding remittance and shrink in internal demand and industrial production. Finance Minister AMA Muhith has projected for a growth of 7.4 percent […]

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The Supreme Court on Monday extended its endorsement on the second gas price hike this year. The High Court bench that stayed the second hike was also asked by the apex court to hear and dispose of its (HC) rule issued over the legality of the increment by July. Chief Justice Surendra Kumar Sinha led […]

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Oishee Rahman has been sentenced to life in prison for murdering her police inspector father and mother. The High Court on Monday reduced the death sentence awarded by a trial court to life in prison. Oishee was sentenced to death by a Dhaka speedy trial tribunal in November 2015 for murdering police inspector Mahfuzur Rahman […]

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Halima Khatun, a 55-year-old widow, has to rely on income from fixed deposit receipt (FDR). A couple of years back, she had to sell the family’s mortgaged land to repay the loans her husband had taken to start a business that ended in failure. She was left with Tk 5 lakh, which she kept as […]

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