Dhaka, Dec 8 (UNB) – Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya on Saturday urged the political parties to pledge in their manifestos to be announced for the 11th parliamentary elections not to interfere in the banking sector if they win the polls.
He made the call while addressing a CPD dialogue titled ‘What do we do with the banking sector of Bangladesh’ in the capital.
Debapriya, a macro-economist and public policy analyst, also announced to form a ‘Citizen Commission’ after the election to save the banking sector which is the heart of the country's economy.
He said the banking sector has experienced scams of Tk 22,000 crore recently.
CPD Executive Director Fahmida Khatun presented a research paper on the banking sector at the programme.
Blaming the banking sector’s prevailing situation on the lack of good governance, former Bangladesh Bank Governor Dr Salehuddin Ahmed said, “Political interfere must be stopped if the sector is to be made strong. There’s no way other than the democratic practice to stop the culture. There should also be an independent bank commission.”
Renowned economist Prof Wahiduddin Mahmud said rules and regulations are being violated in various ways in the banking sector. “And many people commit corruption under the patronage of politicians. So, new rules should be formulated to stop the culture.”
He also underscored the need for making the politicians understand not to interfere in the banking sector for the sake of the country's economy.
Former BB Deputy Governor Khondker Ibrahim Khaled said the banking sector is passing through a critical time. “The central bank has failed to save self-interests. The government looks after the rich depriving the depositors.”
Dhaka, Dec 7, 2018 (UNB) - Finance Minister AMA Muhith on Friday said the Awami League-led government will roll out a budget of around TK one million crore if comes to power again.
“We are thinking to announce Taka 10 lakh crore budget if will come to power again,” said the senior minister while addressing an award giving ceremony titled “Jugsrestha Shikkhauddokta Sornapodok o Sommanona” organised by Campus Social Development Center (CSDC) at its office in the city on Friday.
The country’s development is being continued now, said the minister adding, “The construction of the much-talked about Padma Bridge will be completed by June 2019 and the country’s people will be able to commute through it from July.”
During observing the 36th anniversary of CSDC, the organisation awarded gold medal to former communications minister Syed Abul Hossain for his outstanding contribution to education sector.
AMA Muhith also said, “We have initiated 10 mega projects and expecting to implement these projects soon.”
He also claimed that his government has strengthened the country’s economy. “We are making Padma Bridge with our own funds. Syed Abul Hossain had to resign from his ministry following a ‘nonsense’ allegation of corruption of the World Bank officials.”
Some corruption might have been occurred in the lower level, but it could not reach up to his level, the minister added.
“Abul Hossain had vast contribution to the development of the country’s education sector. So, he is being honored,” he also said.
Thanking the finance minister, Syed Abul Hossain said, “I am very happy to receive the gold medal from the county’s honorable finance minister.”
“I set up six colleges with my own funding. Of them, four are university colleges. Besides, I have founded hundreds of secondary and primary schools. Of them, around 100 primary schools have already been nationalised,” he added.
Dr M Helal, Secretary General of CSDC, said they would like to initiate various social activities for the sake of the country’s people. “We are now trying to set up a research center in Dhaka.”
World University Vice-chancellor (VC) Prof D A Mannan, Green University VC Prof Dr Golam Samdani Fakir, Southeast University VC Dr Meshquat Uddin, among others, were present at the ceremony.
Dhaka, Dec 7 (UNB) - Dhaka Chamber of Commerce and Industry (DCCI) arranged a flower parade in the city on Friday, 2nd day of the three-day International Flower Exhibition and Conference.
The parade started from the South Plaza of Manik Mia Avenue and ended on the premises of Bangabandhu International Conference Centre (BICC) where the exhibition is being held.
DCCI Senior Vice-president Kamrul Islam, Director Imran Ahmed, former Vice-president M Abu Hurairah, senior officials from USAID, President of Bangladesh Flower Association Md Abdur Rahim and its Secretary General AHM Rezaul Kabir were present at the flower parade.
After the parade, the DCCI organised an art competition where more than 100 children took part.
Supported by the USAID, the DCCI in association with Bangladesh Flower Society for the first time organised the three-day International Flower Exhibition and Conference to promote Bangladesh’s flower sector and boost its export.
About 70 stalls from different countries, including Bangladesh, India, Thailand and Nepal, were set up at the exhibition for displaying an array of flowers.
The exhibition will end on Saturday.
Dhaka, December 6 (UNB) - Industries Minister Amir Hossain Amu on Thursday said the industrial sector is now contributing 33.71% to the Gross Domestic Products (GDP) of the country which was 17.77% in FY 2007-2008.
“We have noticed a positive change in the economic sector following good performance of the industry factories and various proper steps in the last five years. The country per capita income is now $1751 which $917 was in 2009” he also said.
The senior minister made these while addressing at a press briefing on the ministry’s success in the last five years held at his department on Thursday.
Amir Hossain Amu further said: “The country’s export income went up $36.67 billion in 2017-18 Fiscal Year which was $14.11 billion in FY2007-2008.
“To achieve sustainable and skill base industrialization, However, the ministry has taken various policy including National Industry policy-2016, Motorcycle industry development policy-2018, handicraft policy-2015, National Small and Medium-Sized Enterprises (SME) Policy, Geographical Indication (GI) act 2013, and “Bangladesh Ship Recycling Bill, 2018”,” he added.
He further added that An Active Pharmaceutical Ingredients (API) industrial park of public-private partnership was set up on more than 200 acre land costing Tk381 crore in Gazaria of Munsiganj. Raw materials of medicine will be produced on 42 plots in the city.
“Bangladesh Small and Cottage Industries Corporation (BSCIC) is being built on 400 acre land costing 628.10 crore in Sirajganj to strengthen rural economy. Around 100000 people will be employed in jobs there. Besides, the construction work of Light engineering, plastic, comical and printing industrial city is being continued in Dhaka and its surrounding areas,” he also said.
Amu further added that Re-rolling mill Dhaka steel workers limited under Bangladesh Steel and Engineering Corporation (BSEC) has been stated again after 24 years and environment friendly Bangladesh Ship Recycling activities were announced as industry. Besides, we have become able to bring manufacturing position from motorcycle assembling system.
“A regional office of South Asian Regional Standers Organization (SARSO) has been set up for open business in the countries of South Asian Association for Regional Cooperation (SAARC). Besides, a bilateral investment agreement was signed between Bangladesh and Cambodia in the last five years. Meanwhile, database and apps have been prepared in the industrial factories of the country. Different information can be known about the boilers by using the apps,” the minister also added.
Dhaka, Dec 6 (UNB)- Local brand, Walton on Wednesday unveiled smartphone with 6 gigabyte of RAM and started pre-booking of the device.
The new smartphone ‘Primo X5’ was unveiled at a function at Walton Corporate Office in the city on Wednesday.
Deputy CEO of Grameenphone Yasir Azman, Head of Device Sarder Showkat Ali, Walton Group Directors SM Ashraful Alam, SM Mahbubul Alam and Tahmina Afrose Tanna, Walton Digi-Tech Industries Ltd. Managing Director SM Monjurul Alam and Head of Walton Cellular Phone S M Rejoan Alam unveiled the flagship smartphone.
Walton Group Executive Directors Eva Rezwana, Amdadul Hoque Sarker, Nazrul Islam Sarker, S. M. Zahid Hasan, Deputy Executive Director Uday Hakim, Operative Director Firoj Alam and Head of Cellular Phone Sales Asifur Rahman Khan were among others present on the occasion.
The Primo X5 at tk 24,999 is opened for pre-order where customers can pre-book the handset paying only tk 2,500 from all Walton Plaza, brand outlets, Grameenphone sales channel My GP and online shop Wowbox.
For each purchase customers will get gift vouchers worth of tk 3,000 by which they can purchase products from Walton outlets.
In addition, Grameenphone subscribers who will buy and insert their SIM card on the handset will immediately get 6 GB data free. They can also buy additional 4 GB internet at 99 BDT only for maximum 30 times in next 3 months.
Customers will enjoy instant replacement warranty for 30 days along with 1.5-year service warranty for the pre-booking of the device.
The premium metal frame designed smartphone features a 5.99-inch full-view IPS display with the screen regulations of 2160X1080 pixels. It sports 64-bit 2GHz Octa-Core processor, Mali-G-71 GPU, 6 GB LPDDR4X RAM, 64 GB internal storage with expandable memory up to 256 GB.
The Blue color handset features 13 and 5 mega pixel dual rear cameras along with another 16 MP front camera with LED flash on both sides. Operated by Android 8.1 Oreo, it sports 3450 mAh battery for whole day power back-up.