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ADB favours corridors in quadrangle Staff Reporter
The visiting Asian Development Bank (ADB) Director General for South Asia Kunio Senga yesterday urged the government to allow transit and corridor to India through waterways, roads and railways for enhancing regional trade and cooperation in South Asian countries.
"Regional trade among Bangladesh, India, Nepal and Bhutan would be increased if the countries in South Asia cooperate each other and boost their regional trade and growth," he told reporters after meeting with the Finance Minister AMA Muhith at the ministry.  |
Tk. 300 cr climate change fund remains untouched Rafiqul Islam Azad
Not a single penny from 300-crore Taka Climate Change Fund allocated for 2008-09 fiscal either was released or spent due to indecision of the governments.
The army backed caretaker government led by Dr Fakhruddin Ahmed allocated the fund for the first time in the country to deal with impacts and adoption of climate change but no discussion was held at any meeting of the council of advisers during its last six months in power till December last.
The Awami League-led grand alliance government that took office early January this year had also taken no action to release or spend money during first six months. |
EC starts examining returns of election expenditures UNB, Dhaka
The Election Commission started examining the returns of election expenditures submitted by both the candidates and the political parties who contested the ninth parliamentary elections held in December last year, and it would move for legal action against anyone who lied on oath.
Talking to reporters yesterday, Election Commissioner M Sohul Hussain said the commission is probing the candidates' returns of election expenditures to ascertain whether these are real or not. "Statements submitted by the political parties will also be examined," he said. |
BDR-BSF agree to maintain tension-free border BSS, Rangpur
Bangladesh Rifles (BDR) and Indian Border Security Force (BSF) have agreed, at a flag meeting, to maintain peace and tension free atmosphere, on a sustained basis, along the international borders, separating the two countries, through discussions, mutual understanding and cooperation, officials said.
The Sector Commander of BDR and the Deputy Inspector General (DIG) of Indian BSF also reiterated the commitment of the two countries to further improve the overall atmosphere of peace along the common border of the two friendly nations. |
Recovery of bad loans: Appointment of asset management companies suggested Staff Reporter
The parliamentary standing committee on Finance Ministry yesterday recommended acknowledgment of the asset management companies as legal institutions to recover bad loans from the large defaulters.
The committee also suggested introduction of a banking ombudsman under the central bank to settle the bank-client disputes avoiding court cases relating to bank loans.
"Problems of huge default loans may be solved easily if the government legalize the informal operations of the asset management companies, committee chairman H M Mustafa Kamal told reporters at a press briefing at the parliament media centre yesterday. |
Govt wants to see Ctg, Mongla as regional ports: Faruk
Staff Reporter
Commerce Minister Faruq Khan yesterday said that Chittagong and Mongla ports can be developed as effective regional hubs to promote trade and cooperation among south-Asian nations.
"For the first time, all countries in the region have politically elected governments. It is time we pursued greater regional integration," Faruq said inaugurating a two-day conference on South Asian integration at the Dhaka Sheraton Hotel.
He said as part of the push for increased regional trade ties, Bangladesh was set to sign a new trade agreement with Pakistan, while another with China was also in the pipeline. |
Policy on house rent to be formulated: JS told
BSS, Dhaka
State Minister for Housing and Public Works Advocate Abdul Mannan Khan told the House on Tuesday that there is no specific policy on house rent at government and non- government levels.
"But, the government has a plan to formulate a policy on house rent soon," he said in reply to a question raised by treasury bench member Apu Ukil.
The State Minister added that the rate of house rent and other related issues are now being controlled through a Statuary Revenue Order(SRO) issued by his ministry on October 29, 2007. |
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Internet Edition. July 8, 2009, Updated: Bangladesh Time 12:00 AM 