IFC invests in City Bank

City Bank and International Finance Corporation, a member of the World Bank group, on Wednesday signed an agreement on IFC’s investment in City Bank’s equity shares, to hold five percent of the outstanding number of the bank’s common equity.

8 killed as thunderstorm hits places

At least eight people were killed – two minor girls in wall collapse in Narsingdi and six labours in trawler capsize in Narayanganj – and 13 were injured at Central Shaheed Minar in Dhaka as an early thunderstorm coupled with hailstorm hit places.

4 children murder accused Bachchu killed in ‘gunfight’

Bachchu Miah, one of the accused in the killing of four children in Habiganj, was killed in a reported gunfight with the members of Rapid Action Battalion at Deorgach in Chunarughat of the district early Thursday.

BDR carnage 7th anniv being observed

The nation mourns the victims of 2009 mutiny in the then Bangladesh Rifles on Thursday marking the seventh anniversary of the carnage.

UP POLLS 1ST PHASE : Nomination filing ends amid violence

A number of opposition Bangladesh Nationalist Party-backed chairmen candidates and rebel Awami League were assaulted, and some alleged their nomination papers had been snatched from them, as nomination paper filing for the first phase of Union Parishad elections in 749 union councils drew to a close on Monday.

Mahmudur’s bail, remand prayers rejected

A Dhaka court on Monday asked police to interrogate daily Amar Desh acting editor Mahmudur Rahman at jail gate in five working days, rejecting his remand and bail prayers, in a bomb attack case.

Mahfuz Anam should have resigned: PM

Blasting The Daily Star for publishing the DGFI-supplied false news against her (Sheikh Hasina) during the last caretaker regime, prime minister Sheikh Hasina on Monday said the editor himself could not show his ‘courage’ in resigning from his post by admitting his faults.

Businesses want continuation of package VAT in new act

Trade leaders from various sectors on Monday demanded the National Board of Revenue should continue package value-added tax system for small and medium traders in new VAT act to be implemented from July this year.

ATM CARD FORGERY : Foreigner, 3 City Bank officials arrested

A foreigner having ‘forged’ Polish passport and German national identify card and three City Bank card division officials were arrested on Sunday night and early Monday for their alleged involvement in the recent automated teller machine card fraudulence that led to the theft of over Tk 20.59 lakh in the city.

Stay watchful against distortion of Bangla: PM

Underscoring the need for further enriching Bangla, prime minister Sheikh Hasina on Sunday called for building massive awareness to avoid distortion of the mother language.