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No red flags raised

Suspected hijacker went through all security checks; incident can hurt CAAB’s credentials, experts say Polash Ahmed, who allegedly attempted to hijack a Biman flight on Sunday, boarded the plane at Hazrat Shahjalal International Airport with no red flags raised at the security checkpoints. No pistol was detected and no suspicious behaviour was noticed when he […]

When will we learn?

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From Nimtoli to Rana Plaza to now Chawkbazar, our inability to prioritize safety continues to haunt us On the holiday morning on February 21, 2019, people woke up to news that at almost 70 people had been reported dead, and many others injured with severe burns, from the deadly fire in a shabby alleyway in […]

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Banks to maintain statutory liquidity ratio and cash reserve ratio before lending Banks have to invest 75pc of outstanding amount locally Scheduled banks in Bangladesh will have to invest at least 75 percent of the outstanding amount of the offshore financing in the country, according to a policy introduced by the central bank yesterday. The […]

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Growing non-performing loans apparently challenge the banking sector’s stability by raising the cost of capital for the private sector and limiting credit flows to industries and SMEs, said a business leader. Osama Taseer, president of the Dhaka Chamber of Commerce and Industry (DCCI), made the remarks while speaking at a dialogue titled “Monetary Policy Statement: […]

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Impunity lies at root

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No one ever punished for role in any major fire incident; over 2 lakh disasters killed at least 1,970 people since 2004 Fire tragedies are frequent in Bangladesh and often cause high casualties, but no one has ever been punished for their role in any fire incidents. Between 2004 and 2018, at least 1,970 people […]

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The first explosion that led to Wednesday’s devastating fire in Chawkbazar area might have took place at Haji Wahed Mansion, suggested footage of at least two separate CCTVs installed nearby. Hundreds of perfume containers started raining down on the people stuck on the roads as the fire was racing through other buildings. Repeated explosions occurred […]

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The UK home secretary is clearly mistaken in his belief The issue of the alleged or deemed Bangladeshi citizenship of Shamima Begum, one of the controversial British teenage girls who went to join IS in Syria as a Jihadi bride, has come to the fore with renewed interest with the UK home secretary claiming to […]

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A writ petition was filed challenging the government’s stand against the coaching business. After the hearing, the High Court declared the government’s policy in this regard to be legal. The court also said that the Anti-Corruption Commission (ACC) was paying more attention to minor instances of corruption rather than focusing on the major corruption. The […]

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National Board of Revenue (NBR) chairman Mosharraf Hossain Bhuiyan on Saturdar said the government is considering reducing interest rates of state-owned savings certificates. “The government has formed a committee to analyse all issues including interests for small savers. If the interest rate is reduced, it will be higher than that of banks as the government […]

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Jatiyatabadi Chhatra Dal (JCD), the student wing of BNP, on Saturday began distributing nomination papers for the upcoming Dhaka University Central Students’ Union (DUCSU) and hall union elections at the party’s Naya Paltan central office. “We are ready to participate in the elections although our seven-point demands are not met yet,” said JCD DU unit […]

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Bangladesh Nationalist Party’s candidates of the 11th parliamentary election on Friday slammed their party senior leaders for not announcing any action programme to get their chairperson Khaleda Zia released from jail, reports UNB. They also want the party to arrange a hearing of its own candidates to identify its mistakes in the elections and work […]

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After preparing inadequately for the ODI series, Bangladesh’s preparation for the upcoming Tests are also not going swimmingly due to injury worries. Although coach Steve Rhodes said that Bangladesh would want to field their best eleven, it appears that the Tigers can only line up with their best ‘possible’ eleven. A number of key players, […]

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