Khulna court asks police to file rape case against ex-VC, Registrar of KAU

Quoting the FIR, the PP Advocate Farid told BSS that ex-VC Shahedur Rahman who used to live on the fifth floor of the university building in the city as his family members were in Mymensing.

The complainant used to supply cooked food to the VC’s residence every day since he joined the university. The former VC proposed her to maintain illicit sexual relations in different times.

The victim informed it to the registrar saying that she will not supply food in future. After getting assuring from registrar that VC would not do such type of activities in future, the victim resumed regular food supply to the VC.

On December 16, 2021, the VC raped the victim with the cooperation of the registrar, complainant alleged in the petition, saying that both the VC and the Registrar threatened her for dire consequences, saying that she will be fired from the university job if she disclose the matter to anybody.

Besides, they often provoked her to get divorce from her husband and at last she was compelled to do it, the petitioner narrated in the FIR.

Later, the VC used to rape her by promising that he will marry her and socially introduced her as his wife.

Source: Bangladesh Sangbad Sangstha (BSS)

Bangladesh makes remarkable progress in sports in 14 years: Hasan

Information and Broadcasting Minister Dr Hasan Mahmud today said Bangladesh has made remarkable progresses in every field of sports in the last 14 years under the dynamic leadership of Prime Minister Sheikh Hasina.

"Everyone must be active to sustain the progress," he said, while inaugurating the Bangabandhu Cup 2023 International Kabaddi Tournament at Kabaddi Stadium in the capital.

Hasan, also Awami League Joint General Secretary, said Bangladesh has achieved successes in every field of sports including football, cricket, kabaddi and others and the country became champion in last year Kabaddi tournament. "For this, I would like to extend my gratitude and thanks to the premier," he added.

He said, no one, before 10 to 15 years ago, thought that the Kabaddi would be included in Asia Cup. The government has emphasized on sports, he added.

He said Prime Minister Sheikh Hasina loves sports and she herself enjoys games like an enthusiastic spectator. Bangabandhu's daughter Sheikh Hasina becomes happier and more excited when the athletes show any success, he added.

He said, "Kabaddi is our national sport and the game has been internationalized. I, as a citizen of the country and a Cabinet member, would like to extend my thanks to those persons who were involved with the game for a long time and the Kabaddi Federation to internationalize the game which is our rural game."

After inaugurating the tournament, the minister exchanged views with players.

President of Bangladesh Kabaddi Federation (BKF) and Inspector General of Police Chowdhuiry Abdullah Al-Mamun presided over the inaugural function while BKF general secretary and additional inspector general of police Habibur Rahman gave welcome address.

Additional Secretary of the Youth and Sports Ministry Golam Mostafa Kamal and other distinguished sportsmen were present in the function.

A total of 12 teams from twelve countries are participating the tournament.

The teams are Bangladesh, Argentina, Iraq, Nepal, England, Poland, Kenya, Indonesia, Sri Lanka, Malaysia, Chinese Taipei and Thailand.

Source: Bangladesh Sangbad Sangstha (BSS)

Bangladesh’s Inflation Leapt To 8.78 Percent In Feb

Bangladesh’s inflation increased to 8.78 percent in Feb, from 8.57 percent in Jan, official data showed yesterday.

Food inflation increased to 7.98 percent in Feb, from 7.41 percent in the previous month. Non-food items inflation increased to 9.61 percent in Feb, from 9.48 percent in Jan.

According to the budget proposal, Bangladesh is targeting an average inflation rate of 5.6 percent in the new fiscal year.

Source: Nam News Network (NNN)

2 drug traders awarded life term imprisonment in Ctg

A Chattogram court today sentenced life term imprisonment to two drug traders for trading drugs.

The court of Chattogram 4th Metropolitan Additional Sessions Judge Shariful Alam Bhuiyan awarded two drug traders Md Salauddin and Md Jashim, both the hailed from different upazilas of Cox’s Bazar district.

The court also awarded Taka 10,000 each as fine to them, in default, they will have to suffer more one year imprisonment.

According to the prosecution story is in brief that acting on a tip-off, a team of RAB-7 recovered 16,800 pieces of Yaba tablets from microbus driver Salauddin and its helper Jashim with their microbus in front of city’s Glasgo Industries Ltd under Akbarshah thana on August 18, 2021.

RAB inspector Shahidul Alam filed a case with Akbarshah thana against the alleged drug traders on same day.

Police submitted the charge sheet before the court on October 17 in 2021 against them while the court framed Charges against them on December 12 in same year.

The court announced the verdict in presence of the convicts after examining a total of six prosecution witnesses.

Source: Bangladesh Sangbad Sangstha (BSS)

45,000 slum households availing sanitation facilities in Rajshahi city

More than 45,000 less-incoming and slum households are availing sanitation facilities by dint of commissioning around 14,000 hygienic latrines in the metropolis.

Similarly, they are getting facilities of safe drinking water from 2,800 tube wells installed in the slum areas besides different other settlement improvement privileges like footpaths and drains.

Various other settlement improvement facilities like one community latrine, 45,500 square-kilometer footpath, 7,105 meter drain and 15 community centers were developed for ensuring improved water and sanitation among the poverty-prone communities.

The access to improved water sources makes the lives of community members healthier while the constructed toilets and bathing facilities lead to improved hygiene practices and the footpaths improves settlement accessibility and mobility.

Nur Islam, Chief Engineer of Rajshahi City Corporation (RCC), said the infrastructural and settlement improvement activities were executed with direct supervision and monitoring by 173 Community Development Committees in 30 wards in the metropolis.

Main thrust of the Livelihoods Improvement of the Urban Poor (LIUPC) Project is to improve the living and livelihood conditions of around two and half lakh less-incoming and marginalized people, especially women and girls, in the city.

Many slum people have been living in brick-built houses, driving out their long-lasting living life in thatched or mud-house in the city.

"I had never thought, even in my dreams, that I would be able to live in such a good house," said Rupchan Begum, 46, of Chhotobangram Namopara area, with a smiling face on Sunday.

Earlier on, she received a soft-interest loan worth Tk 200,000 from Community Housing Development Fund (CHDF) and constructed the house. Currently, she is repaying the loan on a monthly installment of Tk 3,300 regularly.

With this breakthrough, her level of confidence coupled with dignity in the society has been improved to a greater extent.

"I got a new life through attaining a brick-built house," said Shabana Khatun, 38, wife of Jalal Uddin of Char Satbaria area.

With technical support from the LIUPC Project poor people of Rajshahi city have established a CHDF, a revolving fund for providing land tenure security and better housing for the urban poor.

Under the scheme, the beneficiary communities identify and prioritize the environmental, social and economic challenges they face as well as the required actions to address them, said Engineer Nur Islam.

The slum households have also come together in an anti- poverty savings scheme to raise more than Tk 12.5 crore. Through the savings and credit programmes, the communities now can operate their own savings schemes and create a revolving fund from which credit operations are being managed by themselves.

The programme promotes household and community level urban food production technology demonstrations, provides small input supports especially high yielding variety vegetable and fruit seeds, saplings, ducklings, chick and poultry vaccination.

It also provides business start-up grants to extremely poor women for poultry, goat rearing, beef fattening and agri-business allowing them to have access to regular income.

Besides, the ongoing apprenticeships and vocational training improve the odds of youth landing decent jobs and regular income.

City Mayor AHM Khairuzzaman Liton said rapid urbanisation in the city is a growing trend that creates various challenges particularly inadequacy of infrastructural services, basic amenities, violence and socio-economic insecurity like other parts of the country.

He, however, said the community savings and credit activities have been adjudged as an effective means of addressing some of the challenges.

The approach is good for alleviating urban poverty alongside women empowerment as many other slum communities intend to adopt the process after witnessing its overall successes.

The successful trend is continuing contributing a lot towards helping the poor and extreme poor people bring about change within their families and communities, he expects.

Source: Bangladesh Sangbad Sangstha (BSS)

10 individuals, organisations receive ‘FBCCI Business Excellence Award 2023’

A total of 10 individuals and organisations received the 'FBCCI Business Excellence Award 2023' for their outstanding contribution to the national economy.

Industries Minister Nurul Majid Mahmud Humayun handed over the awards as the chief guest at a function at Bangabandhu International Conference Center (BICC) in the city today.

Prime Minister's Private Industry and Investment Adviser Salman F Rahman and Commerce Minister Tipu Munshi attended the function as special guests.

Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) President Md Jashim Uddin presided over the award giving function.

FBCCI has honoured the businessmen at the last day of the three-day 'Bangladesh Business Summit 2023'.

Managing Director of Beximco Pharma Nazmul Hasan, MP, and Chairman of BSRM Alihussain Akberali FCA were honoured in Business Leadership category while Managing Director of Olympic Mubarak Ali in Contribution to Economy (Industry) category.

Managing Director of Square Food and Beverage Ltd Anjan Chowdhury received the award under Contribution to Economy (Agriculture and Agro Business) category while National Life Insurance honoured under Contribution to Economy (Service) category.

Managing Director and CEO of Energypac Power Generation Ltd Humayun Rashid received the award under the Contribution to Economy (Trade) category while Managing Director of Creation Private Limited Md. Rashedul Karim Munna and Managing Director of Tampaco Foils Ltd Safius Sami Alamgir in SME category.

Managing Partner of KARIGAR Tania Wahab received the award under Best Women Entrepreneur category while Managing Director of Bashundhara Paper Mills Ltd Safwan Sobhan in Youth Entrepreneur category.

Besides, President of the International Chamber of Commerce, Bangladesh (ICCB) Mahbubur Rahman and Heritage and Crafts Researcher Maleka Khan received Jury Special award while singer Sabina Yasmin and Prime Minister's Private Industry and Investment Adviser Salman F Rahman received FBCCI Lifetime Achievement Award.

Chairman and Managing director of Protik Ceramics Limited S. M. Faruqi Hasan received the FBCCI Special Recognition Award.

Source: Bangladesh Sangbad Sangstha (BSS)

Three-day Business Summit successfully held: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today claimed that the three-day business summit has gained its success as global leaders recognized the competence of Bangladesh.

"It is our great achievement that more than 300 foreign delegates join the summit through getting registration and they accepted the strength of Bangladesh," FBCCI president Md Jashim Uddin said at a press conference on the concluding of Bangladesh Business Summit held at Bangabandhu International Conference Center (BICC) in the city.

The FBCCI president said that the aim of the summit was showcasing the strength of Bangladesh before the world and Branding the country globally.

"Hopefully, we have gained our success and businesses from many of the countries will make investments in Bangladesh to take advantage of the growing domestic market, strategic location and young workforce," Jashim said.

He hoped that Saudi Arabia would make a significant amount of investment in Bangladesh as a minister of the country attended the summit and signed an agreement and three memoranda of understanding with Bangladesh aiming investment in many areas including fertilizer industry.

"After the successful completion of the business summit we are confident that the journey for the trillion dollar economy would also be successful," the chief of the country's apex trade body said.

Jashim said that many of the western countries have been relocating their manufacturing industries from China due to geopolitical reasons and Bangladesh would benefit from the relocation.

Prime minister Sheikh Hasina has assured private sector businesses that investors in the country would get all-out support from the government and the culture of red tape would be eliminated.

Prime minister Sheikh Hasina on Saturday inaugurated the Bangladesh Business Summit which featured three plenary sessions on strategic issues, 13 parallel sessions, business-to-business meets, networking sessions, an open house reception and guided tours for international delegates.

Ministers from several countries including the United Kingdom, the Kingdom of Saudi Arabia, and Bhutan, CEOs of 12 multinational companies and more than 200 foreign investors took part in the summit.

Source: Bangladesh Sangbad Sangstha (BSS)

Experts for resolving land acquisition problems to facilitate PPP

Experts at the Bangladesh Business Summit today stressed the need for addressing problems relating to land acquisition and bureaucratic complexities to facilitate Public Private Partnership (PPP) initiatives in the country.

They said that the government high ups often consider the private sector entrepreneurs in the PPP initiatives as contractors not as partners.

Such kind of mindset should have to be changed, they said.

The discussants came up with such opinion at a session titled "Public Private Partnership (PPPs) for Vision 2041: Private Sector Role and Investment Opportunities" held on the concluding day of the Bangladesh Business Summit 2023 held at the Bangabandhu International Conference Center (BICC) in the capital.

Taking part in the discussion, CEO of Dhaka Eastern Bypass Expressway Md Shahidul Islam Akon said that bureaucratic lengthiness is a great barrier towards implementing PPP projects in Bangladesh.

On the other hand, he said land acquisition also takes much time leading to many complexities in the implementation process.

Shahidul also suggested for inking PPP agreements after acquisition of at least 80 percent land.

While presenting the key-note paper, CEO of Standard Chartered Bank Bangladesh Ltd Naser Ejaj Bijoy said that it is very much necessary to conduct accurate feasibility before undertaking PPP projects.

Besides, he said that it is also very much important to asses the possible benefits from the PPP projects.

Bijoy also underscored the need for ensuring good governance in the procurement process.

CEO of PPP Authority Md Mushfiqur Rahman, former MCCI president Barrister Nihad Kabir, Bangladesh PWC managing partner Mamun Rashid, Korean Ambassador to Bangladesh Lee Jang-Keun, ADB Director Takeo Koike, and PPP Authority DG Abul Bashar spoke on the occasion.

Director General of the Prime Minister's Office Md Nafiul Hasan moderated the session.

Source: Bangladesh Sangbad Sangstha (BSS)

ADB will continue to stand beside Bangladesh: ADB President

Lauding highly the socio-economic progress and capacity of Bangladesh, visiting Asian Development Bank (ADB) President Masatsugu Asakawa today said that the lending agency would continue to stand beside Bangladesh in the coming days like in the past.

The ADB has been continuing to stand beside Bangladesh in its stride towards socio-economic recovery from the pandemic and would continue to support Bangladesh in future also, he said.

The ADB President said this as he met Finance Minister AHM Mustafa Kamal at a city hotel today, said a Finance Ministry press release.

The ADB president has been visiting Bangladesh on March 12-17 marking the 50 years partnership of ADB and Bangladesh.

The Finance Minister lauded the role of ADB as one of the leading development partners since 1973 in the development journey of Bangladesh.

He informed that in the last 50 years, ADB made a commitment of $28.4 billion to Bangladesh of which it made a disbursement of $21.1 billion till date. Bangladesh also made a repayment of $6.5 billion as principal amount during this period.

Kamal said that the outstanding loan of Bangladesh with ADB is now $14.6 billion which is also 24 percent of the country's overall foreign loans. Over the last few years, Bangladesh has become the 3rd largest loan recipient country from ADB.

The Finance Minister apprised the ADB President that Bangladesh has become the 35th largest economy of the world with a GDP size or $460 billion.

Besides, he expressed his belief that Bangladesh would become one of the top 20 economies of the world by 2041.

"Now our goal is to turn Bangladesh into a smart country by 2041 under the dynamic leadership of Prime Minister Sheikh Hasina in line with Vision 2041," he added.

The Finance Minister also expressed his firm belief that the ADB would play an important role in materializing "Smart Bangladesh," in the coming days.

Bangladesh Bank Governor Abdur Rouf Talukder, NBR Chairman Abu Hena Md Rahmatul Muneem, Finance Division Senior Secretary Fatima Yasmin, Financial Institutions Division Secretary Shaikh Md Salim Ullah, ERD Secretary Sharifa Khan, Kenichi Yokoyama, Director General, South Asia Department, ADB, Azizul Alam, Alternate Executive Director (AED), Edimon Ginting, Country Director for Bangladesh, ADB were present, among others, on the occasion.

Source: Bangladesh Sangbad Sangstha (BSS)

Very few countries have pharmaceuticals manufacturing capacity like Bangladesh: expert

Expert and a leading pharmaceutical manufacturer at the Bangladesh Business Summit today said that not many countries in the world have pharmaceuticals manufacturing capability like Bangladesh.

Only China and India along with the Western economies have pharmaceutical manufacturing capabilities, he said.

On the third and closing day of the summit, a leading pharmaceutical manufacturer said it creates an opportunity for Bangladesh to emerge as a hub for drugs in the global market.

"None other than China and India and western world is as good as Bangladesh in pharmaceuticals. So, Bangladesh has tremendous opportunity here," said Abdul Muktadir, chairman and managing director of Incepta Pharmaceuticals Ltd.

He said China and India have big markets of pharmaceuticals worth $220 billion and $40 billion respectively and they are growing.

Muktadir, also senior vice president of Bangladesh Association of Pharmaceutical Industries, said apart from meeting domestic requirements, both India and China may not be enough to meet such huge global demand.

"Everyone is looking for an India Plus One, where Bangladesh has tremendous opportunity."

Muktadir made the comments at a session moderated by Economic Relations Division Secretary Sharifa Khatun.

The Federation of Bangladesh Chambers of Commerce and Industry is organising the three-day Bangladesh Business Summit 2023 at Bangabandhu International Conference Centre (BICC) in the capital.

The foreign and commerce ministries, and the Bangladesh Investment Development Authority (BIDA) are partnering with the FBCCI for the summit.

Ministers from seven countries, including the United Kingdom, the Kingdom of Saudi Arabia, China, Bhutan, the United Arab Emirates, CEOs of 12 multinational companies and more than 200 foreign investors and business leaders from 17 countries are participating in the summit.

Source: Bangladesh Sangbad Sangstha (BSS)

Pfizer buys biotech firm Seagen for $43 billion

US pharmaceutical giant Pfizer announced Monday it reached a deal to buy biotech firm Seagen, specialising in innovative cancer treatment, for $43 billion.

"Pfizer is deploying its financial resources to advance the fight against cancer," said Pfizer CEO Albert Bourla.

Source: Bangladesh Sangbad Sangstha (BSS)

Stocks rebound on both bourses

After witnessing a downward trend in the two sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues.

After witnessing volatility, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 8.59 points or 0.14 per cent to settle at 6,243.57. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 1.95 points to finish at 2,223.49 and the DSE Shariah Index (DSES) advanced 0.95 point to close at 1,359.86.

Out of 336 issues traded, 95 advanced, 40 declined and 201 issues remained unchanged on the DSE trading floor.

Daily trade turnover increased to Taka 4517.18 million on the country's premier bourse, which was Taka 4,335.84 million at the previous session of the week.

RUPALILIFE dominated the turnover chart, closely followed by BDCOM, GENEXIL, ADNTEL and SEAPEARL.

Rupali Life was the day's top gainer, rising 9.78 per cent, while UNILEVERCL was the worst loser, shedding 4.99 per cent.

The Chittagong Stock Exchange (CSE) also rebounded with the CSE All Share Price Index - CASPI -gaining 5.31 points to settle at 18,400.66 and the Selective Categories Index - CSCX rising 2.78 points to close at 11,030.31.

Of the issues traded, 31 declined, 38 advanced and 89 issues remained unchanged on the CSE.

The port city's bourse traded 13.97 lakh shares and mutual fund units with turnover value of Taka 8.14 crore.

Source: Bangladesh Sangbad Sangstha (BSS)