• Sunday, October 26, 2014

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Asia leads the global growth

Asia leads the global growth

Top trade experts, economists, businesspeople and ministers from across Asia gathered in Dhaka yesterday to discuss how the fastest growing continent can continue to lead the global economic recovery and maintain its reform momentum.   Still smarting from the 2008 financial crisis, the global growth this year is likely to be the same as last...

Household Work by Women a Year

It's equivalent to Tk 675,398cr

It's equivalent to Tk 675,398cr

The value of unpaid household work of Bangladeshi women is equivalent to as much as 87.2 percent of last fiscal year's GDP, says a study conducted by the Centre for Policy Dialogue (CPD). The government should focus on changing the estimation practice of System of National Accounting so that women's unaccounted activities are reflected...

Alal, 62 other BNP men arrested

Alal, 62 other BNP men arrested

Police yesterday morning arrested Jubo Dal chief Moazzem Hossain Alal along with 62 activists of the BNP and its front organisations from his Lalmatia residence in the city in a bid to foil their alleged plan to carry out subversive activities during today's hartal. Biplob Kumar Sarkar, deputy commissioner (Tejgaon Division) of Dhaka Metropolitan Police, told The Daily Star that acting on a tip off, a team of Mohammadpur Police conducted the raid around 10:30am. “The Jubo Dal chief was planning to instigate leaders and activists of different Islamic parties to carry out subversive activities during today's hartal,” Biplob said. Sammilito Islami Dal Samuha, a platform of Islamic parties many of which...

Banned militant groups united

Banned militant groups united

Banned Islamist militant outfits of the country have united under a common platform -- Bangladesh Jihadi Group -- with plans to launch attacks in major cities and on eminent personalities. Detectives made the revelation following arrests of four suspected members of the outlawed Harkat-ul-Jihad-al-Islami (Huji) early yesterday. “We have got some documents that confirm the...

Latif Remarks

Islamists stick to hartal today

An alliance of Islamic parties will enforce a countrywide daylong hartal today demanding arrest of recently sacked minister Abdul Latif Siddique for anti-Islam remarks. On October 1, Sammilito Islami Dalsamuho gave the government a 15-day ultimatum to arrest Latif, but later it extended the date until October 22. Islamic Party, Khilafat Majlish, Khilafat-e Islam, Islami Oikya Jote, Nejam-e Islam, Muslim League and Hefajat-e Islam, most of whom are components of the BNP-led 20-party combine, announced the hartal on Wednesday. The Awami League...

Published Date: October 25, 2014
Deal struck for new Asian bank

Deal struck for new Asian bank

Twenty-one Asian countries that are willing to join the Asian Infrastructure Investment Bank (AIIB) as founding members yesterday signed the Memorandum of Understanding on establishing the Bank. Chinese President Xi Jinping met the representatives of the 21 countries after the signing ceremony in the morning. The countries are Bangladesh, Brunei, Cambodia, China, India, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, the Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan and Vietnam. The AIIB aims to fund rail, road, power and other projects across the region. The Bank's authorised capital is $100 billion while the initial subscribed capital is expected to be around $50 billion. The paid-in ratio will be 20 percent. The AIIB...

Published Date: October 25, 2014
Bend it like Hashem

Bend it like Hashem

It's a story of stepping out of the box and carving a fortune out of nothing. Had MA Hashem pursued a master's in Economics at Chittagong University around three decades ago after getting admission there, he might have landed a respectable job and led an easy life. However, instead of taking the apparently easier path,...

Published Date: October 25, 2014
Latif expelled from AL

Latif expelled from AL

The ruling Awami League yesterday expelled Abdul Latif Siddique from the party for hurting religious sentiments of Muslims. The former minister won't get the opportunity provided in the party charter to appeal against the decision. This marks an end of Latif's five-decades-long association with the party. The AL Central Working Committee (ALCWC), the highest decision-making forum of the party, made the decision unanimously at a meeting at the Gono Bhaban with Prime Minister Sheikh Hasina, also the AL president, in the chair. Emerging from the meeting, AL General Secretary and LGRD Minister Syed Ashraful Islam said after thoroughly examining Latif's reply to the show-cause notice earlier served upon him, the ALCWC found that...

PM Leaves for UAE Today

Published Date: October 25, 2014
Manpower, investment top agenda

Manpower, investment top agenda

Prime Minister Sheikh Hasina leaves Dhaka for the United Arab Emirates (UAE) this morning on a three-day official visit aiming at strengthening bilateral relations, resuming manpower export and attracting more investment from the oil rich Gulf nation. Diplomatic sources said the ties between Bangladesh and the UAE will become stronger with the back-to-back visits by the president and the prime minister to the UAE. Expatriates Welfare and Overseas Employment Minister Khandker Mosharraf Hossain, Foreign Minister AH Mahmood Ali, State Minister for Labour and Employment Mujibul Haque Chunnu and State Minister for Home Asaduzzaman Khan Kamal will accompany the premier. Hasina will lead a 69-member delegation, which includes four eminent personalities, 11 senior...

Published Date: October 25, 2014
Haunted forever

Haunted forever

Her trauma has only increased with time. She had lost nine of her family members in a grisly arson attack at Kurmitola Bihari camp four months back. Farzana, 16, the sole survivor of the arson, sustained severe burn injuries that left her bed-ridden at the Dhaka Medical College Hospital for two months. Broken down...