bangladesh
ICRC urged to work with Myanmar for Rohingya repatriation
Foreign Minister Dr AK Abdul Momen has urged ICRC to work with Myanmar for creating a congenial environment to enable the safe, voluntary, dignified and sustainable repatriation of Rohingyas to Myanmar
Navy’s ‘Exercise Safeguard’ ends through missile launching
Bangladesh Navy concluded its annual maritime drill, Exercise Safeguard-2020, through the successful launching of missiles in the Bay of Bengal here on Wednesday.
Ensure level-playing field: BNP mayoral candidates
BNP’s mayoral candidates in the elections to Dhaka south and north city corporations on Tuesday demanded the Election Commission (EC) to ensure a level-playing field as they are facing various obstacles to their electioneering.
IOM steps up cyclone preparation efforts ahead of rainy season
International Organization for Migration (IOM) has completed a series of events marking their comprehensive disaster-risk reduction efforts to upgrade shelters and distribute tools and emergency equipment to the Bangladeshi host community near Cox’s Bazar.
Mother, son electrocuted in Jashore
A woman and her son were electrocuted at Titabajitpur village in Keshabpur upazila on Wednesday.
President for behavioural change to continue development
Noting that the country has made tremendous progress in many sectors, President Abdul Hamid on Wednesday said a positive behavioural change is needed for continuation of the development trend.
JaPa MP seeks PM’s intervention to save capital market
Jatiya Party MP Kazi Firoz Rashid on Wednesday sought the Prime Minister’s intervention to save the capital market as it keeps slumping.
“The [capital] market can rebound if the Prime Minister intervenes,” she said taking part in an unscheduled discussion in Parliament.
He said all the newspapers are publishing news on the awful condition of the capital market.
Firoz Rashid, who is also involved in the capital market, said experts are saying that the absence of good governance in the market is the reason behind this declining trend of the market where investors are not getting confidence. “This is an ominous sign for the market.”
Coming down heavily on the Bangladesh Securities and Exchange Commission (SEC), he said listing of weak companies in the share market is the reason behind the present fuss.
“The SEC is the authority for this listing, we’ve repeatedly told them we cannot list these companies, some merchant banks and issuers are bringing these weak and rotten companies in the market, they forced the investors to sit on the roads,” he said.
Firoz Rashid said no action has been taken against the BSEC for bringing such rotten companies in the share market. “So far, no punitive action has been taken against anyone.”
He questioned how a share of Tk 10 can take Tk 30 as premium, how these shares came to the market, why the issue managers are not arrested, why the merchant banks are not being made accountable.
Criticising ministers, BNP MP Harunur Rashid said the ministers do not see any devastation in the share market. “They said there’s no crisis… we’re astonished. For the last one week, people are squatting on the roads…they’re crying… the government is not taking any visible step that can assure us.”
He said newspapers carried news that foreign investors are shying away from the share market and questioned the Finance Minister what the actions he has taken to save the share market.
JaPa MP seeks PM’s intervention to save capital market
Jatiya Party MP Kazi Firoz Rashid on Wednesday sought the Prime Minister’s intervention to save the capital market as it keeps slumping.
“The [capital] market can rebound if the Prime Minister intervenes,” she said taking part in an unscheduled discussion in Parliament.
He said all the newspapers are publishing news on the awful condition of the capital market.
Firoz Rashid, who is also involved in the capital market, said experts are saying that the absence of good governance in the market is the reason behind this declining trend of the market where investors are not getting confidence. “This is an ominous sign for the market.”
Coming down heavily on the Bangladesh Securities and Exchange Commission (SEC), he said listing of weak companies in the share market is the reason behind the present fuss.
“The SEC is the authority for this listing, we’ve repeatedly told them we cannot list these companies, some merchant banks and issuers are bringing these weak and rotten companies in the market, they forced the investors to sit on the roads,” he said.
Firoz Rashid said no action has been taken against the BSEC for bringing such rotten companies in the share market. “So far, no punitive action has been taken against anyone.”
He questioned how a share of Tk 10 can take Tk 30 as premium, how these shares came to the market, why the issue managers are not arrested, why the merchant banks are not being made accountable.
Criticising ministers, BNP MP Harunur Rashid said the ministers do not see any devastation in the share market. “They said there’s no crisis… we’re astonished. For the last one week, people are squatting on the roads…they’re crying… the government is not taking any visible step that can assure us.”
He said newspapers carried news that foreign investors are shying away from the share market and questioned the Finance Minister what the actions he has taken to save the share market.
Fire at DAE office in Khamarbari
The office of the Department of Agricultural Extension (DAE) at Khamarbari in the city’s Farmgate area caught fire on Wednesday night.
Deal signed to install 5 lakh smart pre-paid electricity meters in northern districts
State-owned Northern Electricity Company Ltd (Nesco) signed a contract with JVC of Shenzhen Star Instrument Co. Ltd &Oculin Tech BD Ltd for installation of 5 lakh smart pre-paid electricity meters in the northern region of the country.