Former Communist Party of Bangladesh (CPB) President Manzurul Ahsan Khan, who was removed from the post of advisor and whose party membership was suspended for six months for violating party discipline, has been expelled from the party. Ruhin Hossain Prince, general secretary of the CBP, said in the central committee meeting on February 26 that Manzurl was suspended from the advisory post and his party membership was suspended for six months. Moreover, the committee decided to expel him from the party if he violates the party rules during that period, he said. Read More...
Bangladesh Bank has ordered to freeze the bank accounts of Prime Minister Sheikh Hasina former personal assistant Jahangir Alam, his wife Kamrun Nahar and any organisation they own. It has also asked banks concerned to submit all the information. including the account opening form, within the next five days. Jahangir Alam came into the spotlight last year after allegations of amassing illegal wealth as well as other corruption using his position. His name was brought up again yesterday. Read More...
ShopUp wants to be listed on the NASDAQ (National Association of Securities Dealers Automated Quotations) stock market, its founder and CEO Afeef Zaman said in Dhaka yesterday. In a knowledge-sharing programme titled "Insight Exchange: Behind the Scenes of a Startup" at a hotel in the capital, the ShopUp CEO said, "Our 65% investors are foreign. That is why we want to be listed in NASDAQ as the first Bangladeshi company. Now it is our dream." He added, "It is a very hard task. But I think it is still possible. When we will be listed, the foreign investors will be more attracted to our company. If we can work together, I hope we will be the first NASDAQ-listed company from Bangladesh."ShopUp is the Singapore-based parent company of Bangladeshi B2B commerce platform Mokam, nationwide smart courier service Redx, and the lately launched FinTech Onkur. Many people have misconceptions about startups. A startup is not a business model, it is a way of starting a business, he said. Mamun Rashid, president of ShopUp, said, "Our job is to bring products from big producers to small shops so that they can deliver them to the consumers on time and at fair prices. Although we do not deal directly with consumers, we connect manufacturers with retailers." Read More...
A Brahmanbaria court today sent two union parishad members to jail in a case filed for allegedly torturing a 25-year-old woman in an arbitration over a theft charge in Brahmanbaria Bijoynagar upazila. They are Ishaq Molla, a member of Ward 6 of Bishnupur Union and Hossain Miah, a former member of Ward 8 of the same union, reports our Brahmbaria correspondent. Read More...