Muhammad Yunus: Leaders urge Bangladesh to end attacks on Nobel laureate

More than 170 global figures have called on Bangladesh's prime minister Sheikh Hasina to stop the "persecution" of Nobel laureate Muhammad Yunus.

Prof Yunus - known internationally as the "banker to the poor" - has been slapped with swathes of lawsuits, with several more filed in recent weeks.

The open letter said these represented an assault on democracy.

Ms Hasina responded harshly, accusing the 83-year-old of "begging" for an international statement.

She added that she welcomed international experts to assess the ongoing legal proceedings against Prof Yunus.

While much of the Western world lauds Prof Yunus for his pioneering use of microloans, Ms Hasina regards the 83-year-old as a public enemy.

She has repeatedly described Prof Yunus as a "bloodsucker" of the poor and accused his Grameen Bank of charging exorbitant interest rates.

The bank, which Prof Yunus started in 1983, offers small, long-term loans to help poor people start their own small businesses. The concept has since taken off around the world. In 2006, Prof Yunus and the bank were awarded the Nobel Peace Prize.

The letter, whose signatories included former US Secretary of State Hillary Clinton, Virgin Group founder Richard Branson and U2 lead singer Bono, asked that the "continuous judicial harassment" of Prof Yunus be stopped.

"We sincerely wish that he [will] be able to continue his path-breaking work free of persecution or harassment," it added.

Muhammad Yunus, 'world's banker to the poor'

Many believe Prof Yunus' attempt to create a political party in 2007 with the apparent support of the military-backed caretaker government angered Ms Hasina, especially because she was imprisoned at the time.

Prof Yunus did not follow through on the plan and has since said politics "is not [his] cup of tea".

What are the cases against Prof Yunus?

Last week, 18 ex-employees of Grameen Telecom, another company Prof Yunus founded, filed a case accusing him of depriving them of their job benefits.

Separately, on August 22, he went on trial for supposedly violating labour laws.

They also come just four months before Bangladesh's next general election and amid growing calls to ensure free and fair polls.

There have been other cases in the past.

In 2011, Bangladesh's central bank forced him out of Grameen Bank on the grounds that he had served beyond the mandatory retirement age of 60.

In 2013, the authorities accused Prof Yunus of evading taxes on overseas income, which supposedly included his Nobel Prize award and royalties from a book.

Prof Yunus' lawyer Abdullah Al-Mamun says these cases are baseless and influenced by the government.

Ali Riaz, a political scientist at Illinois State University told the BBC that Ms Hasina "deeply resents" Prof Yunus' iconic standing in the world, even though he has not recently expressed any political ambitions.

Some believe Ms Hasina fears Prof Yunus' reputation soaring above that of her late father Sheikh Mujibur Rahman whom many Bangladeshis revere as the man who led their country to independence. He was assassinated in 1975.

The regime's sustained attacks on Prof Yunus also represent a growing intolerance of dissent, threatening the democratic principles on which it was founded, Prof Riaz said.

"The sudden rush in filing the cases and trying to get a speedy trial indicates that fairness and justice are not the objectives but instead making an example out of him is the goal.

"Such behaviour is demonstrated every day against the opposition activists and critics of the government," he added.

Source: BBC

Education Minister Rai vows construction of central library at Jamal

Kathmandu, Sept 1: Minister for Education, Science and Technology, Ashok Kumar Rai, has vowed to construct a building for central library at Jamal, Kathmandu.

Addressing a programme organized on the occasion of the 16th National Library Day, 2080 here Friday, Minister Rai however said legal dispute at last hour stalled the process to begin construction of the central library building. Detailed project report was prepared and even the budget allocated to construct the building, he added.

The Minister further shared he was informed that the budget allocated for the undertaking could not be spent. Necessary works were continued to meet the criteria set by the Supreme Court order to this regard.

Moreover, Minister Rai vowed to construct the building for central library at any cost. Currently, the Nepal National Library is run in a provisional manner in Bhaktapur.

Various organizations and persons who contributed to library development were awarded and honoured at the programme.

Source: National News Agency-Nepal

Brent oil price on ICE tops $87 per barrel first time since August 11

The price of a futures contract for Brent crude oil with November delivery rose above $87 per barrel on London's ICE for the first time since August 11, 2023, according to trading data.

As of 4:26 a.m. Moscow time on Friday, the price of Brent rose by 0.21% to $87 per barrel.

By 4:41 a.m. Moscow time, Brent oil traded at $86.92 per barrel (+0.12%).

At the same time, futures for WTI crude oil for October delivery rose by 2.45% to $83.71 per barrel.

Source: Bangladesh Sangbad Sangstha

Sri Lanka pays back another $100m to Bangladesh

Sri Lanka has repaid another US$100 million of the $200 million loan it took from Bangladesh in a currency swap agreement two years ago.

"Sri Lanka has paid back $100 million to us on Thursday (31 August). Now they are expected to return the remaining $50 million in due course," said Bangladesh Bank (BB) Spokesperson and Executive Director Majbaul Haque.

With the latest installment, the Island nation paid back a total of $150 million. Sri Lanka repaid $50 million as the first installment on August 17.

Bangladesh provided a $200 million loan from its foreign exchange reserves to the Sri Lanka in August 2021 to help it meet its foreign exchange crisis.

Source: Bangladesh Sangbad Sangstha

Biman resumes Narita flight tonight after 17 years

Biman Bangladesh Airlines is set to resume its much-waited direct Dhaka-Narita-Dhaka flight tonight aspiring to make the Bangladesh-Japan direct air connectivity as a profitable route.

The inaugural flight will take off from Dhaka's Hazrat Shahjalal International Airport at 11.45pm local time and reach Narita International Airport in Japan on September 2 at 9.15 am local time.

State minister for civil aviation and tourism M Mahbub Ali will inaugurate the inaugural flight of the national flag carrier as the chief guest while Japan ambassador to Bangladesh Iwama Kiminori to be present.

Chairman of the board of directors of Biman Bangladesh Airlines Mostofa Kamal Uddin, Principal Secretary of the Prime Minister Office Mohammad Tofazzel Hossain Miah, Civil Aviation and Tourism Secretary Md Mokammel Hossain, and Civil Aviation Authority Chairman Air Vice Marshal M Maidur Rahman will also join the opening ceremony.

"Dhaka-Narita could be a promising route for Biman Bangladesh Airlines as we are expecting passengers from our neighboring countries travelers apart from the local passengers," Shafiul Azim, Managing Director and CEO of Biman Bangladesh told BSS today.

He said Biman has already offered lucrative packages with more weight on baggage for its Narita route to attract travelers from Nepal and Kolkata.

Besides Bangladesh, there are about 41,000 Indians, and 1.40 lakh Nepalese nationals living in Japan. So, passengers from India and Nepal can fly to and from Japan via Dhaka in only six hours," Biman's chief said.

Besides, he said, currently many Japanese companies have been extending to their business here while numbers of Bangladeshi students are enrolling in different Japanese universities.

According to the Ministry of Justice, Japan, till 2022, there were 20,954

Bangladeshis living in Japan.

The Biman Chief said the national flag carrier is planning to carry its

passengers to Australia, the west coast of the United States and Canada with the help of other carriers via Japan through code sharing.

"We are exploring with other airlines interlinking or code sharing so that we can offer our passengers different routes beyond Japan like a 360 degree airline," Azim said.

He said currently Biman is working with Japan Airlines Ltd (JAL), All Nippon Airways and Air Canada for code sharing.

Code sharing is a marketing arrangement in which an airline places its

designator code on a flight operated by another airline, and sells tickets for that flight.

Airlines throughout the world continue to form code-share arrangements to strengthen or expand their market presence and competitive ability.

Biman will operate weekly three flights with Dreamliner 787-8 and 787-9

aircrafts.

The flight will depart from Dhaka every Friday, Monday and Wednesday and from Narita every Saturday, Tuesday and Thursday.

Currently the national flag carrier is negotiating with Airbus, to purchase 10 brand new planes from the European aircraft manufacturer.

At present, Biman has a total of 21 aircraft in its fleet, of these, four are Boeing 777-300 ER, four are Boeing 787-8, two are Boeing 787-9, six are Boeing 737 and five are Dash 8-400 aircraft.

Source: Bangladesh Sangbad Sangstha

Over 600 thousands foreign tourists visit Nepal in eight months

Kathmandu, Sept 1: Over 600 thousands foreign tourists visited Nepal in the first eight months of 2023. According to the Nepal Tourism Board, 601,360 tourists from various countries ranging from India to the United States of America arrived in Nepal from January to August this year.

The country welcomed 67,153 visitors in August alone and this figure in the corresponding month last year was 41,304. In 2019, the number was 73,814.

Board Director Maniraj Lamichhane said the graph of the tourists' inflow is on the rise in recent months. "As the tourists arrival from the expected destinations is gradually increasing, we hope to see the arrival of one million tourists this year."

In August, majority of tourists came from India, as they numbered 26,665 followed by 5,007 from China, 4,629 from the US, 3,558 from Sri Lanka, 3,190 from Bangladesh, 2,711 from the UK, 1,588 from Spain, 1520 from Japan, 1,416 from Italy and 1,347 from Australia.

Source: National News Agency-Nepal

Maoist Centre gears up for transformation campaign

The ruling CPN (Maoist Centre) has stepped up efforts for its transformation campaign for corruption control, good governance promotion and service delivery improvement in the country.

Maoist Chairperson and Prime Minister Pushpa Kamal Dahal 'Prachanda' is inaugurating the transformation campaign in 6,743 wards across the country on Saturday at once.

The party has designated 22 central office-bearers, including the chairperson Dahal for the inauguration of a three-month campaign.

According to the CPN (Maoist), party chairperson and PM Dahal will lead the campaign at Chandragiri-2, Ghattedanda Park in Kathmandu, senior vice-chair and deputy Prime Minister Narayankaji Shrestha in Lalitpur metropolis-18, Harisiddi and vice-chair trio – Krishna Bahadur Mahara in Sunchhahari rural municipality of Rolpa, Agni Prasad Sapkota in Lisankhupakhar rural municipality of Sindhup[alchowk and Pampha Bhusal in Lalitpur metropolis-22.

Party's general-secretary Dev Prasad Gurung is leading the campaign at Sundarbazaar municipality-8, Bhoteodhar of Lamjung, deputy general secretary Girirajmani Pokharel in Gokarneswor municipality of Kathmandu, Barshaman Pun in Gongobu, Kathmandu, Haribol Gajurel in Kamalamai of Sindhuli, Janardan Sharma in Chandragiri municipality of Kathmandu, Matrika Prasad Yadav in Birendranagar municipality of Surkhet, secretary Dinanath Sharma in Baglung municipality of Baglung and Chakrapani Khanal in Biratnagar metropolis of Morang.

Under the campaign, the party has planned to have a face-to-face meeting with 2.5 million voters in inform them about the works the party-led government did in the areas of good governance, prosperity and social justice.

Party Spokesperson Agni Prasad Sapkota shared that the party would run the nationwide campaign in three phases. ---

Source: National News Agency-Nepal

UML delegation visiting China

Kathmandu, Sept 1: A high level delegation of CPN UML led by General Secretary Shankar Pokhrel is leaving for China for a goodwill visit tomorrow, Saturday.

The delegation is in a 12-day visit at the invitation of Chinese Communist Party, according to a press release issued by secretary of central publicity department of UML, Gagan Bista.

The team consists of party standing committee member and chief of foreign affairs department, Dr Rajan Bhattarai, standing committee member and chief of publicity department, Rajendra Gautam and other central level leaders.

The delegation is scheduled to visit different cities including Beijing. The Nepali leaders will meet high level leaders of the Communist Party in China.

The issues to feature during the meetings are Nepal-China relations, relations between UML and CPC, among others, the press release added.

Source: National News Agency-Nepal

US senator Hollen in Kathmandu

Kathmandu, Sept 1: US senator Chris Van Hollen arrived here on Friday on an official visit to Nepal.

During the visit, he will engage in various meetings aimed at further strengthening the political and professional relations between the United States of America and Nepal, according to the US Embassy in Kathmandu. He will be meeting government officials, youth leaders, lawmakers and the business community, it is said.

Source: National News Agency-Nepal

Man held with arms and ammo in Barguna

Coast Guard during a drive arrested a man with five New Diana air gun, a mechanized foreign pistol, five round of bullet and foreign wine from Patharghata upazila of the district today.

The detainee was identified as Sheikh Mominul Islam, 32, hailed from Satkhira district.

Staff Officer, coast guard Dakhin Zone, Lieutenant M Hasan Mehedi said on information a team of coast guard stopped a BRTC bus in Munshirhat area at around 11 am. After searching the bus, the coast guard members recovered the arms and ammunition. One Sheikh Mominul Islam was detained in this connection.

Two cases were filed under arms and Narcotics Control Act, said Officer-in-Charge of Patharghata Thana Shah Alam.

Source: Bangladesh Sangbad Sangstha

Russia ready to boost gas exports to Turkey: Lavrov

Russia is ready to scale up natural gas exports to Turkey, including through creation of a gas hub there, Foreign Minister Sergey Lavrov said during talks with his Turkish counterpart Hakan Fidan.

"On our side, we confirmed the commitment of Russia to all the agreements of increasing natural gas exports, including through implementation of the initiative of the heads of our states on creation of an integrated gas hub in Turkey," Lavrov said.

Russia and Turkey are developing strategic projects in the energy sphere, "which traditionally act as a powerhouse" in relations between the two countries, the top Russian diplomat said. "Construction of all four power generating units of the Akkuyu nuclear power plant is on track," he added.

Source: Bangladesh Sangbad Sangstha

BCL to hold grand rally at Suhrawardi Udayan this afternoon

Bangladesh Chhatra League (BCL), the student wing of ruling Awami League (AL), will hold the biggest-ever student rally at Suhrawardi Udayan this afternoon in memory of Father of the Nation Bangabandhu Sheikh Mujibur Raman and Bangamata Sheikh Fazilatun Nesa Mujib.

Prime Minister and Awami League President Sheikh Hasina will address the rally to be held at 3pm.

BCL hopes that it is going to be a historic gathering as students from across the country will participate in the rally to give an ultimatum to BNP-Jamaat, the external enemies of this country and people, war criminals, militants and terrorists, said BCL leaders.

BCL President Saddam Hussein will chair the rally, said a BCL press release.

Speaking at a press conference earlier, Saddam said, "Our politics is based on ideals and rules of the constitution. We do not believe in the politics of violence."

"The students and the representatives of the young generation will express their disbelief against anti-liberation forces," Saddam added.

Source: Bangladesh Sangbad Sangstha