Categories
Business

BB to probe Evaly financial transactions, e-commerce activities

Bangladesh Bank will investigate the financial transactions and other e-commerce activities of e-commerce platform Evaly.

Head of the Bangladesh Financial Intelligence Unit (BFIU) Abu Hena Razee Hasan informed reporters about BB’s move. He said the bank accounts of Evaly and its top executives were frozen after seeing media reports about the e-commerce firm’s “illegal activities”.

The BFIU, an arm of the Bangladesh Bank, directed all commercial banks and financial institutions through a common letter on August 27 to freeze all bank accounts operated by top executives of Evaly, reports UNB.

A copy the BFIU letter, signed by its deputy director Fuara Khatun, obtained by UNB, shows that it has asked all banks and financial institutions to freeze accounts of Evaly’s Chairman Shamima Nasrin, and Managing Director (MD) Md Rasel.

Categories
Cricket Sports

Anderson Enters History, Pakistan Saves The Test Sands

Pakistan Vs England Test Series
Third Test Played at Ageas Bowl Southampton from 21st to 25th August 2020 
Brief Scorecard at Stumps on Day Three 

England 1st Innings 583 /8 Declared in 154.4 Overs (Zack Crawley 267, Jos Buttler 152, CR Woakes 40, JR Root 29, Fawad Alam 2/46, Shahin Afridi 2/141, Yasir Shah 2/ 173, Asad Shafiq 1/24 ) , Pakistan 1st Innings 273 All Out  in 93 Overs ( Azhar Ali 143* ,  Mohammad Rizwan 53  , JM Anderson 5/ 56 , SCJ Broad 2/ 40 ) , Pakistan 2nd Innings 187/4 ( Babar Azam 63* , Abid Ali 42 , Azhar Ali 31 , J Anerson 2/45 ) 
 

Match Drawn
England Won the Series 1-0 
Man of the Match: Zack Crawley 
Man of the Series: Jos Butller and Mohammad Rizwan. 

Rain and inclement weather impacted England Pakistan enthralling test series just concluded. England sort of hijacking test win from the grasp of Pakistan in the first test at Manchester won the series 1-0. The rain impacted second test at Southampton ended in a tame draw. Pakistan following on in the third test with generous assistance of weather managed salvaging a draw. ……………….

Categories
Business

US investors urged to set up Covid-19 vaccine plants in Bangladesh

Bangladesh has urged US investors to set up Covid-19 vaccine manufacturing plants in Bangladesh to ensure its availability at lower cost for people of the country.

An inter-session meeting of Bangladesh and USA in the Trade and Investment Cooperation Forum Agreement (TICFA) was held today where this demand was made. This is an inter-session meeting between the fifth and sixth rounds of TICFA meeting.

The fifth round was held in Dhaka in March this year.

“We need a lot of Foreign Direct Investment (FDI) for our country’s development. US companies are the largest investors in Bangladesh mainly in power and energy sectors. …

Categories
National

Padma Bridge construction to be completed by 2022: Finance Minister

Finance Minister AHM Mustafa Kamal has said the construction works of Padma Bridge will be completed by 2020.

The construction work of Padma Bridge was scheduled to be completed by June next year but it has been delayed due to coronavirus pandemic and excessive floods, he said. 

AHM Mustafa Kamal disclosed this information after attending the 20th meeting of the Cabinet Committee on Public Procurement on Wednesday. 

Meanwhile, the meeting approved a total of six proposals, including one for extending the tenure of contract of Korea Expressway Corporation (KEC) & Associates, the Construction Supervision Consultant (CSC) for Padma Bridge.

Categories
Education

Time hasn’t come yet to reopen educational institutions: Secretary

Cabinet Secretary Khandker Anwarul Islam on Monday said time has not come yet to reopen the educational institutions of the country.

“I don’t think time has come to reopen schools and colleges,” he said responding to a question while briefing reporters about the outcome of the weekly cabinet meeting held at the Bangladesh Secretariat.

Prime Minister Sheikh Hasina presided over the meeting.

About the postponed HSC examinations, he said the Ministry of Education is actively discussing the issues relating to the HSC and other examinations, and they will look into the matters.

Categories
Life Style

Early Islamic gold coins found in Israel

Israeli archaeologists announced on Monday they have discovered  a trove of early Islamic gold coins during recent salvage excavations near the central city of Yavne, reports AP.

The collection of 425 complete gold coins, most dating to the Abbasid period around 1,100 years ago, was an “extremely rare” find, Israel Antiquities Authorities archaeologists Liat Nadav-Ziv and Elie Haddad said in a joint statement.

The trove, which was unearthed by youth volunteers, also included hundreds of smaller clippings from gold coins that would have served as smaller denominations.

Robert Kool, a coin expert with the antiquities authority, said an initial analysis indicates the coins date from the late 9th century, considered the golden age of the Abbasid Caliphate that controlled most of the Near East and North Africa.

Categories
Business

E-valy, the latest digital business scam

E-valy offers consumers all sorts of lucrative deals, with ‘cash back’ offers going up to 100 to 150 per cent. If you buy, for example, Tk 100 worth of goods, you can get the same amount back or even more. Thousands of consumers are being lured in by these almost unbelievable deals being offered by this Bangladeshi e-commerce company. A few are even making a profit, but most are still waiting to see the big bucks.

People should understand that the seller or the company which is giving you 100 per cent or 150 per cent cash-back is not paying from their own pocket or inheritance. They are cheating others and resorting to other unethical means.

Not even two years into the business, this company has already sold products worth Tk 10 billion (Tk 1000 crore). Yet the company’s paid-up capital is only Tk 50,000. As the business grows, a growing number of complaints have also been lodged against with various government agencies. Experts apprehend that this method of business is conducive to money laundering.

Categories
Education

NSU holds webinar on Rohingya Crisis

North South University (NSU)) in collaboration with the Center for Peace Studies (CPS) of South Asian Institute of Policy and Governance (SIPG), NSU and the High Commission of Canada to Bangladesh organized a webinar on “The Rohingya Crisis: Western, Asian, and Bilateral Perspectives” on Monday.

Former Foreign Minister of Malaysia Tan Sri Dato Seri Dr. Syed Hamid Albar joined the programme as the speaker of “Asian politics: role of ASEAN and other regional forums impacting Rohingya Crisis” session while US ambassador to Bangladesh Earl R. Miller on “US policy on Rohingya crisis”, SIPG senior fellow Md. Shahidul Haque on “Rohingya crisis in the context of Bangladesh-Myanmar bilateral relations” session, Canadian high commissioner to Bangladesh Benoit Préfontaine on “Canada’s approach to the Rohingya crisis” and foreign secretary Masud Bin Momen on “Bangladesh’s approach towards hosting Rohingya” sessions.

The webinar was moderated by Dr. Ishrat Zakia Sultana with NSU Vice-Chancellor Professor Atiqul Islam in the chair, said a press release.

Categories
Education

Qawmi madrasas get permission to hold exams

The government has given permission to qawmi madrasas for arranging examinations equivalent to degree and masters level on condition of following the health guidelines amid the coronavirus pandemic.

However, academic activities of the madrasas will remain suspended. 

Cabinet Secretary Khandker Anwarul Islam told journalists after cabinet meeting on Monday.

“The government has agreed to qawmi madrasas’ appeal on organising the exams. No decision was made on the reopening of madrasas,” he said.  

Categories
National

No new law scrapping those of Bangabandhu era: Cabinet

he cabinet has decided not to formulate new laws scrapping the old ones either enacted or promulgated from January 1, 1972 to August 5, 1975, during the rule of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

The cabinet says those laws and ordinances will only be amended.The decision came from the regular weekly meeting of the cabinet held at the Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair. She attended the meeting virtually from her official residence Ganobhaban.

Briefing reporters after the meeting, Cabinet Secretary Khandker Anwarul Islam said it is a groundbreaking decision of the cabinet.