Tk 12,484cr loan restructuring bonanza for 15 groups, cos

Different commercial banks including state-run Janata have submitted proposals to Bangladesh Bank to restructure loans totalling Tk 12,484.50 crore of 15 corporate groups under the central bank’s large loan restructuring policy.

Hasina urges journalists to maintain neutrality

The prime minister, Sheikh Hasina, on Wednesday urged journalists to maintain neutrality in their professional work and to raise voice against militancy, violence and abusing drug.

ERRORS IN MERIT LIST : Colleges fail to start classes on first day

Most colleges failed to start higher secondary certificate classes on the first day of the start of the academic calendar, as the merit list – assigning students to various colleges – issued by the education boards, turned out to contain numerous flaws.

Maya, Quamrul should resign: TIB

The disaster management and relief minister Mofazzal Hossain Chowdhury Maya and food minister Qamrul Islam should resign from their positions willingly on the allegations of corruption, said Transparency International Bangladesh officials on Tuesday.

Muhith under fire over loan scams Appropriation bill 2015 passed

Finance minister AMA Muhith on Tuesday faced the wrath of the opposition and independent parliament members for failing to bring the masterminds of the loans scams to book. He was also criticised for growing capital flight from the country to Malaysia, Canada, the UAE and Geneva, just before passing of the appropriation bill 2015 in the parliament.

HC asks govt if Brazil wheat suitable for consumption

The High Court on Tuesday directed the food ministry secretary and the director-general of the directorate of food to explain to the court in 72 hours as to whether the wheat imported and released by the ministry is suitable for human consumption, as newspapers ran conflicting reports over it.

Tax on exports, pvt univ VAT lowered Realtors to get more than one year to pay duties, finance bill passed

Lowering tax on exports, reducing the proposed VAT on tuition fees for private university students and slashing additional levy on internet users, the finance bill for the new fiscal year was passed in parliament on Monday.

Ershad brands women present in JS ‘showpieces’

Jatiya Party chairman HM Ershad on Monday branded all women present in parliament, including his wife Raushan Ershad, as ‘showpieces’.

50 countries join China-led AIIB

Fifty countries including Bangladesh signed a groundbreaking agreement in Beijing on Monday to create the China-led Asian Infrastructure Investment Bank, with Dhaka being a founding member having a 0.67 per cent stake in the US$ 100 billion bank.

Colleges realising extra admission fee flouting rules

Many colleges are allegedly charging admission fees up to five times than the fees set by the government putting extra burden on the guardians.