National News

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Policy reforms, coordination crucial for desired growth in pvt investment: Principal Secretary

Principal Secretary to the Prime Minister M. Tofazzel Hossain Miah has called for carrying out necessary policy reforms and alignment for fostering the growth of private investment in the country.
He also emphasized on active initiatives of private sector along with government initiatives for augmenting private investment.
Tofazzel made these remarks while speaking as the chief guest at a workshop titled Validation Workshop on the Report of the Study on Expanding Private Investment in the Context of LDC Graduation held at the NEC Conference Room in the capital today, said a press release.

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JICA to assist city power supply plan

Japan International Cooperation Agency (JICA) and the Bangladesh government signed a Record of Discussions (RD) for a goal to achieve a low-carbon society. Under this deal, JICA will assist in formulating an effective power distribution plan for Dhaka.
The RD was signed by Economic Relations Division (ERD) Additional Secretary AKM Shahabuddin, Power Division Joint Secretary Md Monwar Hasan Khan, and JICA Senior Representative Eiji Yamada on Sunday, said a press release on Tuesday.
The plan prioritises the integration of variable renewable energy into the distribution system and suggests a roadmap to achieving a low-carbon society.
The distribution master plan involves ensuring a secure and reliable electricity supply system for Dhaka, improving distribution planning, operation and maintenance, and up gradation of distribution facilities.
JICA will dispatch international experts who will be working together with DESCO and DPDC for 36 months to formulate the plan. During this time, they will also provide support to improve the institutional capacity of planning, operation, and maintenance of the distribution system.
Regarding the partnership, JICA Chief Representative Ichiguchi Tomohide said, “The integration of renewable energy into the urban grid is increasingly rising in importance. “Responding to this very necessity, our distribution master plan is targeted to help the government come up with a robust and efficient distribution system backed by advanced technologies.”

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51 more aspirants get back candidacy

Fifty-one more aspirants regained their candidature on the second day of appeal hearing as the Election Commission (EC) today disposed of 100 more appeals, taking the total number of regaining candidacy to 107 to contest in January 7 general elections.
Of the 100 appeals, 41 were rejected by the commission while the results of eight appeals will be disclosed later.
Led by Chief Election Commissioner Kazi Habibul Awal, the EC delivered the verdicts after reviewing the appeals at the Nirbachan Bhaban in the city Agargaon area this afternoon.

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Onion market to get stabilised within one week: DNCRP chief

Director General of the Directorate of National Consumers Right Protection (DNCRP) AHM Shafiquzzaman today said the onion market is expected to get stabilised within one week.
"The government is working to stabilise the onion market. Newly harvested onions have already started coming into the market," he said while speaking at a reception for the winners in a consumer rights debate at DNCRP conference room in the city, said a press release.
The DG said onion hoarders will be brought under the law and action will be taken against them.