Dhaka city is rolling out 22 new traffic signals in a renewed attempt to bring order to its notoriously chaotic roads. But a pressing question hangs in the air – will commuters and drivers finally follow the rules? In the past, traffic signals in Dhaka often served as little more than decorative poles. Red lights…
Businesses are bracing for possible impact after neighbours India and Bangladesh recently imposed tit-for-tat trade restrictions after months of verbal sparring, BBC reports. Last month, Bangladesh restricted land imports of cotton yarn from India to shield local industries from cheaper imports. Dhaka’s move came days after India abruptly stopped the transhipment facility it had offered…
Claiming that efforts are on to destabilise the country by spreading falsehood and misinformation, Chief Adviser’s Press Secretary Shafiqul Alam has said Bangladesh will seek support of the United Nations (UN) to prepare a transparent report on the last 15 years of journalism in Bangladesh. “The UN has given a transparent and excellent report on…
Chief Adviser Professor Muhammad Yunus has asked the police to revive people’s trust in the force, saying that the law enforcing agency must have to play a significant role in holding a free and fair election. “We know police have various limitations and challenges – manpower and logistic shortage and inefficient budget, etc. But minimising…
Bangladesh Bank Governor Ahsan H Mansur on Wednesday announced that underperforming Islamic Shariah-based banks will be merged with stronger institutions that have functional boards and no governing issues. Speaking at the 10th Annual Banking Conference on Wednesday, Mansur said the bigger Islamic banks had been “reshaped,” but a bunch of smaller banks were still grappling…