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No political will to clean up banking sector: CPD

Loan scam grips one bank after another and the overall financial sector mainly because of a lack of political will to address the problem, said the Centre for Policy Dialogue yesterday. Now the first generation banks have started to get affected by loan scandals after state-owned banks and the new ones. And the reason behind […]

It’s a different story today. Rather than crying ‘Wolf! Wolf’, the lying goatherds say that there is no wolf in sight. Yet the wolf has come and is devouring the flock, the people and everything. The liars are quite pleased with themselves too. In Aesop’s fable, the lying goatherd ended up on the wolf’s belly, […]

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The onrush of water from upstream in India swelled cross-border rivers Teesta and Dharla overnight, worsening flood situation in Bangladesh’s north on Monday, as India opened 54 gates at Gazaldoba barrage across the Teesta. Dozens of villages went under water in three districts—Lalmonirhat, Rangpur and Kurigram—after India opened 54 gates at Gazaldoba barrage as water […]

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United Nations High Commissioner for Refugees Filippo Grandi, third from left, walks during a visit to a Rohingya refugee camp in Cox’s Bazar on Monday. — AFP photo UN refugee agency chief Filippo Grandi on Monday stressed an urgent solutions to the statelessness of minority Muslims in Rakhine state by ensuring their Myanmar citizenship and […]

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Abul Maal Abdul Muhith. — New Age file photo Finance minister Abul Maal Abdul Muhith on Monday told parliament that total default-loans in the country now stood at Tk 1,11,347 crore. Total default-loans at banks and commercial oragnisations stood Tk1,11,347 crore till April 2017, according to the Credit Information Bureau of Bangladesh Bank, Muhith said […]

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At least 1,160 undocumented Bangladeshis have so far been arrested in Malaysia since July by the host country’s immigration department, according to a Bernama report published on Monday. A total of 3,014 illegal immigrants and 57 employers were detained by the Immigration Department during the E-Card Ops Mega carried out since last July until 8am […]

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A progress report on UN Sustainable Development Goals or SDGs shows that Bangladesh is lagging behind many countries, including other nations in South Asia. Bangladesh was ranked 120 out of 157 countries in the SDG Index and Dashboards Report 2017 by the UN Sustainable Development Solutions Network. Overall performance on the index was 56.2, which […]

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The High Court on Monday directed the government to reappoint those Ansar members who were earlier sacked from their duties following Ansar mutiny in 1994 considering their appropriate age-limit and physical capacity. After the final hearings on two writ petitions, the court also ordered the authorities concerned to bring the other Ansar members who went […]

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The Supreme Court on Monday upheld a High Court order that directed authorities concerned to remove illegal stairs at different points of Mayor Mohammad Hanif Flyover in Dhaka. A three-member bench of the Appellate Division dismissed an appeal filed by Orion Infrastructure Limited challenging the High Court order. The bench was headed by Chief Justice […]

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Dust pollution in Dhaka city is almost three times higher than the permissible limit during dry season. Photo: Prothom Alo  The dust pollution in Dhaka city is almost three times higher than the permissible limit during dry season, reports UNB. Environment and forests minister Anwar Hossain Manju on Sunday said this in parliament. “According to […]

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