Nation this week


Thursday, November 30th, 2017


 

Power tariff to rise from December

Much to the chagrin of consumers, rights groups and businesses, the Bangladesh Energy Regulatory Commission (BERC) on November 23 raised the power tariff by 5.3 percent or Tk 0.35 per kilowatt-hour unit on an average. The new tariff will come into effect from December 1, said BERC Chairman Monowar Islam while announcing the decision at his office. The tariff was hiked to meet the revenue requirement of power distributors. The price was increased just a day after a United Nations Conference on Trade and Development report said 53 percent of the enterprises in Bangladesh identify the lack of consistent access to energy as the major barrier to higher production.

 

MK Alamgir quits chair post at Farmers Bank

Senior politician Muhiuddin Khan Alamgir quit his chairman post at Farmers Bank on November 28 after Bangladesh Bank asked him to quit. The bank’s Audit Committee Chairman Md Mahabubul Haque Chisty also stepped down from the board. The central bank asked the two directors last week to resign over their alleged involvement in financial scams. If they had not stepped down, the BB would have removed them from the board of the troubled bank under the Bank Company Act 1991, a BB official told reporters. In a statement recently, the BB said the restructuring of the board would help the Farmers Bank restore confidence of the depositors who have been withdrawing funds due to its deteriorating financial health.

 

Asif Nazrul sued under section 57

Dhaka University teacher Prof Asif Nazrul has been sued under section 57 of the ICT Act over a Facebook post, which the teacher claimed was uploaded from a fake account. Syed Asaduzzaman Minar, nephew of Shipping Minister Shajahan Khan, filed a complaint with Madaripur Sadar Police Station on November 23, stating that thousands of indecent and disrespectful comments were made on the Facebook post over alleged irregularities in recruitment at Chittagong Port, mocking the minister.

 

Sophia to visit Dhaka

Sophia, a lifelike robot, which has generated quite a buzz among the youth and the artificial intelligence industry around the world, is coming to Bangladesh to make an appearance at the Digital World Exposition on December 6. The humanoid robot was created using state of the art innovations in artificial intelligence. It will attend two sessions of the biggest ICT event in South East Asia, including a question and answer session. Grey Advertising Bangladesh, an advertising and marketing agency, which is organising the much hyped exposition, is also arranging Sophia’s Dhaka visit.

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