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Gap not to exceed 5 per cent: Bank loan interest rate cut
Staff Reporter
Commercial banks Monday pledged to gradually reduce their lending rates by an average of over 1 percentage point from this month while the gap between lending and deposit rates will not exceed 5 per cent.
The Bangladesh Association of Bank, an organisation of owners of commercial banks, yesterday submitted a roadmap in this regard to the Bangladesh Bank after having an intensive exchange of views among the members of the association and chief executive officers of the banks.
Of the bank charges and commissions, the banks have decided to fix the upper limit of commission on LC opening at 0.  |
Jalil to be treated in Singapore hospital
Shahidul Islam
The ailing Awami League General Secretary Abdul Jalil was scheduled to be flown to Singapore 11-55 PM for medical treatment yesterday along with his wife Rehana Jalil as we went to the press last night.
He will get admitted at the Mount Elizabeth Hospital in Singapore this morning, his physician Dr Bareen Chakrabarty, who is the Chief Cardiologist of LabAid Hospital, told journalists last afternoon.
The Awami League (AL) General Secretary, who was released on a 30-day parole on Sunday on special consideration and humanitarian ground as per doctors' advice since he became critically ills. |
Fugitive Hasnat Abdullah jailed for 13 years: Confiscation of ill-gotten wealth ordered
UNB, Dhaka
A special court trying high-profile corruption suspects Monday sentenced fugitive former Awami League chief whip Abul Hasnat Abdullah to 13 years imprisonment for corruption.
The court also fined him to pay Tk 20 lakh or serve two more years in jail.
In a further order of punishment the court ordered confiscation of his wealth worth Tk 1.17 crore which he acquired "illegally".
"The sentences come into effect after his arrest or surrender to the court," says the court order. |
Hillary, Obama battle ahead of key races
AP, Washington
Hillary Rodham Clinton sharpened her attacks on front-runner Barack Obama ahead of two crucial nomination showdowns Tuesday that could determine the fate of her fatlering Democratic presidential campaign. Four states vote Tuesday, but the focus is on races in the big states of Texas and Ohio where the former first lady was campaigning Monday.
She desperately needs wins in both states to salvage her once-powerful bid to become the U.S.'s first female president and halt Obama's momentum following his streak of 11 consecutive wins since the Feb. |
Exhibition of artefacts brought back from France begins
Staff Reporter
A seven-day display of 185 pieces of artefacts, including 42, brought back from the Guimet Museum in France, began at the National Museum in the city yesterday.
The exhibition will be open to the public from 9:30am to 4:30pm everyday.
Cultural Affairs Adviser Rasheda K Choudhury inaugurated the show.
The exhibition will include the 42 artefacts sent to France as well as the 143 relics whose shipment was cancelled before the exhibition at the Guimet Museum, said Cultural Affairs Secretary Sharful Alam. |
Glorious 25 years of BIT
Sheikh Arif Bulbon
"Twenty-five years ago, all of this started with a group of students seated around my dinner table in my living room. Bangladesh International Tutorial (BIT) is now 2,300 students strong, with a faculty of over 300. I prefer not to be nostalgic but it is hard for me not to pause for a moment and think about how all this started so long ago. In 1983, it was the government rule that any English medium school would have to incorporate the word 'Tutorial' into its name. As we started with a batch of mostly international students, we thought it apt to reflect that too. |
No fresh Nipah attack reported
Staff Reporter
The viral encephalitis caused by Nipah virus claimed five lives in the country in the last two days in Rajbari and Faridpur. But no fresh infection was received, said health officials.
Mahmudur Rahman, a senior health official, yesterday said, "Nobody is infected with the Nipah virus today and none died. The condition of the child, who is under treatment in Dhaka Medical College, is now better."
"Our special team will visit the affected areas today (Tuesday)," he said. |
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Internet Edition. March 4, 2008, Updated: Bangladesh Time 12:00 AM 
