Bangladesh News. Daily Bangladesh News. News from Bangladesh

GP breaks thru’ IPO hurdle

Friday, July 3rd, 2009

Grameenphone, the leading mobile phone operator of the country, yesterday received a go ahead from the stock market regulator to raise Tk 486.08 crore through an initial public offering (IPO), the largest of its kind in the history of Bangladesh capital market. The value of the approved IPO is Tk 37 crore more than the company's proposed plan for Tk 449 crore. Each share will be Tk 10 in face value, on top of which a premium of Tk 60 will be added, Anwarul Kabir Bhuiyan, executive director of Securities and Exchange Commission (SEC), told journalists. The approval came after a long dithering ... (read more)

Chief of JMB’s new offshoot captured

Friday, July 3rd, 2009

Special Branch (SB) of Police in Gazipur arrested Abdur Rahim alias Shahadat, the chief organiser of "Islam and Muslim", a new offshoot of banned Islamist militant outfit Jama'atul Mujahideen Bangladesh (JMB). During a raid late Tuesday night, the intelligence officials along with local police also arrested Sajedur Rahman alias Hanif, a ... (read more)

Rehabilitation of Aila-hit farmers starts today

Friday, July 3rd, 2009

Rehabilitation of the cyclone Aila-hit farmers starts today in the southern districts through distribution of free seeds and fertilisers for the Aman season. The government will distribute this agricultural aid among around 1.76 lakh farmers from 75 upazilas in 12 Aila-affected districts. Each of the farmers would get five kilograms of rice ... (read more)

3-6 new faces to get ministerial job

Friday, July 3rd, 2009

Prime Minister Sheikh Hasina may bring in a few more ministers and state ministers in her cabinet and redistribute portfolios of those of some important ministries for their unsatisfactory performance. "She [Hasina] will induct three to six ministers and state ministers in her cabinet anytime soon," a highly placed source in ... (read more)

Burnt oil, dyeing chemicals dumped into Buriganga

Friday, July 3rd, 2009

Apart from untreated industrial and household wastes, burnt motor oil, lubricant and dyeing chemicals are also contributing greatly to the pollution of the already moribund river Buriganga. Motor oil traders collect burnt oil from launch operators and refine only to sell those back to them. In the process of refining the ... (read more)

Snapped Desa wires cost 3 more lives

Friday, July 3rd, 2009

Eight-year-old Rayat understands that her mother has died. But he would not let them bury her. It is when people talk of burying his mother that Shamsul Huda Rayat actually understands the meaning of death. And he starts sobbing--his lips twist in pains of losing someone so dear, his eyes restless. "Please ... (read more)

Money-whitening scope to benefit the same people

Friday, July 3rd, 2009

The group of businessmen who comprised 73 percent of the beneficiaries of money whitening scope given by the last caretaker government will again get the larger slice of the cake as the government has decided to continue the provision for one year. About 57,000 persons availed themselves of the opportunity of ... (read more)

JS body for strong missions abroad

Friday, July 3rd, 2009

A parliamentary standing committee has made a set of recommendations including formulation of new guidelines for Bangladesh missions abroad, and salary hike for mission officials to bring dynamism and pace in their (missions) activities. The House body on foreign ministry, which met yesterday at the Jatiya Sangsad Bhaban, also asked ... (read more)

HC terms Huda, Kamaruzzaman wrong-headed, worthless

Friday, July 3rd, 2009

The High Court (HC) yesterday termed former communications minister Nazmul Huda and Jamaat-e-Islami leader Muhammad Kamaruzzaman 'wrong-headed' and 'worthless' for making 'derogatory' remarks on the June 21 HC judgement on proclamation of the country's independence. Meanwhile, the HC exempted former vice chancellor of Dhaka University Prof Emajuddin Ahmed from appearing ... (read more)

Pinak’s comment not a breach of diplomatic norms: Ashraf

Friday, July 3rd, 2009

LGRD and Cooperatives Minister Syed Ashraful Islam yesterday said he personally thinks that Indian High Commissioner Pinak Ranjan Chakravarty had not flouted diplomatic norms through his comment on Tipaimukh dam. “He (Pinak) can have a opinion which is different from others," he told journalists after attending a memorial meeting on Awami ... (read more)