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June 2015

Country reels under intense heat wave

The entire country continued to reel under scorching heat as the mercury shot up to 40.6 degrees Celsius today making it one of the hottest days of this year. Meteorologist of Bangladesh Meteorological Department (BMD) Fazlur Rashid told BSS that the country will get no respite from the hot weather because heat wave is likely to sweep over it during next few days. He said today’s highest temperature 40.6 degrees Celsius was recorded at Rajshahi while 37.22 degrees Celsius in the capital, reports BSS. Abnormally hot weather can be attributed to the absence of pre-Monsoon rains that

Govt to prepare tower business in telecom sector

The government will prepare tower business in telecom sector considering customer interest as well as environmental concern, state minister for posts and telecommunication Tarana Halim said. The minister  was addressing a seminar as chief guest on ‘The Prospect of Tower Business in Bangladesh’, organized by a Telecom Reporters Network, Bangladesh (TRNB) in a local hotel, on Thursday, says a press release. “Uncontrolled tower of telecom harm environment…….we will consider level playing field to allow new player for tower business but up gradation of network would also be considered during policy in this regard,” she said.

WB Bangladesh Development Update

The Bangladesh Development Update, April 2016 notes that Bangladesh economy remained strong and resilient despite external and internal challenges. Bangladesh is among the top 12 developing countries with a population of over 20 million, who achieved 6 plus percent growth in 2016. By any standards, Bangladesh economy has done well. Bangladesh needs to focus on a growth agenda centered on sustainable and inclusive growth. Stable macro-economy. Overall inflation declined from 6.5% in March 2015 to 5.65% in March 2016. Food inflation declined from 6.4% to 3.9%, thanks to a good rice harvest, declining international food prices and a stable exchange rate. However non-food inflation rose from

‘BB’s policy has no impact on stock market’

  BD REPORTS: The central bank's policy supports announced for adjusting the banks' over exposure in the capital market. The stakeholders concerned said no impact of the Bangladesh Bank's (BB) policy supports was reflected in the market. The supports could not create any vibe, as investors are yet to be clear about the measures. "After issuance of the circular regarding adjustment of the banks' over exposure, the investors will be able to realize the benefits of the central bank's policy supports," said Ahmad Rashid Lali, a former BB IMAGE

Brigadier Ziaul Ahsan joins NSI

Brigadier General Ziaul Ahsan, former additional director general (ADG) of Rapid Action Battalion (RAB), today joined National Security Intelligence (NSI) as its director. Ahsan joined Bangladesh Army as a commissioned officer in 1991 and was appointed as the Brig Ahsanjpgdirector of intelligence wing of RAB in 2010. He was adorned with Bangladesh Police Medal (BPM) in 2010 and President Police Medal (PPM) in 2011, BSS reports. Meanwhile, Colonel Anwar Latif Khan has been promoted as the new ADG of RAB. The fo...