Sep 24
Daily News Head Line
Operators selling SIMs to Rohingyas to face action: govt PDF Print E-mail

The government yesterday warned the mobile operators of legal action if they are caught selling SIM cards to Rohingya refugees, who do not have legal identity cards.

The development comes after the telecom division got information that different mobile operators' local representatives were selling SIM cards to Rohingyas who are biometrically verified using details of Bangladeshi nationals.

“This is a punishable offence,” said Tarana Halim, state for posts and telecom, in a press conference after a meeting with the telecom regulator and the law enforcement agencies yesterday.

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Rangs opens automotive assembly plant PDF Print E-mail

Rangs Group, one of the leading business conglomerates in Bangladesh, opened a vehicle assembly plant in Sonargaon on Friday to tap the fast-growing local market.

The facility sprawling over 40 acres of land in Sonakhali under Sonargaon upazila of Narayanganj will initially assemble pick-ups and human haulers with completely knockdown (CKD) kits from Indian multinational car manufacturer Mahindra & Mahindra Ltd.

Road Transport and Bridges Minister Obaidul Quader inaugurated the plant, which has the capacity to produce more than 2,000 vehicles per year.

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PM woos US investors, promises protection PDF Print E-mail

Prime Minister Sheikh Hasina has invited the US entrepreneurs to partner with Bangladesh in investment, trade, share of profits and prosperity to strengthen the friendship between the two countries.

"I urge upon you, the leaders of the US business, commerce and industry, to partner with us in investment, trade, share of profits and prosperity. Our mutual beneficial business will strengthen our two countries' friendship, raising it to an enviable level," she said.

The prime minister was speaking at the luncheon meeting organised by the Business Council for International Understanding (BCIU) at Hotel Grand Hyatt in New York on Wednesday.

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BASIC makes headway in loan recovery PDF Print E-mail

BASIC Bank's new management managed to recover cash amounting to Tk 1,204 crore in the last three years but its overall financial condition continues to remain weak.

As of August, half of the bank's total loans of Tk 14,090 crore were ineffective against which it cannot make any income, according to a report it placed on Sunday before a parliamentary committee.

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Teletalk to 'die' if funds not injected: Tarana PDF Print E-mail

Teletalk will not survive if the government does not allocate adequate funds for the state-run mobile operator, said Tarana Halim, state minister for telecom, yesterday.

In a press conference at her secretariat office, she said she is trying to get a funding of Tk 610 crore for a Teletalk project to establish 1,200 stations capable of providing 3G and 4G services along with 500 2G towers.

“Teletalk will die if the government does not provide the funds immediately. We are getting a step-motherly treatment from the finance ministry in this regard,” Tarana said.

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