The week that was

Information Minister Abul Kalam Azad, third from left, unveils the covers of two books of Jasim Chowdhury Sabuj, special correspondent and Chittagong bureau chief of the Daily Jugantor, at a ceremony at Chittagong Press Club on Saturday. On his right are Chittagong Press Club President Abu Sufian and Commonwealth Journalist Association President Hasan Shahriar.Photo: STAR
CMP assures traders of checking crimesChittagong Metropolitan Police (CMP) Commissioner Md Moniruzzaman assured the businessmen of extending all out cooperation to check crimes, including extortion and mugging in the New Market area. He was addressing as the chief guest a view exchange meeting organised by Biponi Bitan Merchants Welfare Committee at its office on Monday. Traders at the meeting discussed different problems, including the rise of mugging and extortion in and around the market. They sought help from the law enforcing agency to stop eve teasing and prevent hawkers in front of the market. Moniruzzaman said they would take necessary action to help maintain the environment in the market congenial for business. Deputy Commissioner (North) Banaj Kumar Majumder, Assistant Commissioner (AC) of Kotwali zone Kazi Helal Uddin, Officer-in-Charge (OC) Kotwali Police Mohiuddin Mahmud, Merchant Committee Vice President Nurul Absar, leaders SM Syed Uddin Ahmad Chowdhury, Md Idris Khokon and Mostafizur Rahman also spoke at the meeting. Power situation discussed
Bangladesh Garments Manufacturers and Exporters Association (BGMEA) leaders and Power Development (PDB) officials at a meeting on Wednesday underscored the need for improving power situation at the garments units. The meeting held at BGMEA regional office discussed thoroughly irregular power supply, loadshedding and other power related problems. PDB Chittagong Chief Engineer Sujit Chakma led the PDB team at the meeting chaired by BGMEA first Vice President Nasir uddin Chowdhury. The PDB chief engineer welcomed the BGMEA initiative to form a coordination cell to help in power distribution and assured them of improving power supply to the garment units through coordinated management of loadshedding. 5 autorickshaw lifters arrested
Police arrested five CNG-run autorickshaw lifters and recovered a stolen three-wheeler from Comilla in their two-day drive ended on Sunday. The arrestees were identified as Md Mohiuddin, 42, Javed, 25, Suman, 25, Sohel, 26 and Suman, 27. Autorickshaw owner Sakina Begum lodged a case with Bayezid Police Station on July 5 complaining that driver Jony went missing with her autorickshaw from the city's Oxigen area. Police arrested one Javed on Friday morning in this connection and according to his confessional statement raided different areas in the port city and Comilla to arrest others. Police recovered Sakina's autorickshaw from Kaptan Bazar area of Comila early hours of Sunday. Quoting the arrestees Sub-Inspector Abdul Karim said Jony in collaboration with Javed stole the autorickshaw and took it to Feni where they sold it to one Mohiuddin in exchange for Tk 1.25 lakh. He said the arrestees are members of a syndicate involved in stealing autorickshaw. The driver is absconding, he added. Islamic banking lauded
Chittagong Chamber of Commerce and Industry (CCCI) President MA Latif lauded the contribution of 'Islamic Trade Finance' worldwide saying that now-a-days it has become very popular as it offers an excellent alternative of financing to the customers particularly to the Muslims who have reservation against interest based conventional banking system. “It has been estimated that Islamic banking will have a market value of four trillion dollar by 2010 worldwide and it is expected to capture about 40 to 50 percent of the total savings of 1.3 billion Muslims in the next eight to ten years,” Latif said this while he was inaugurating a daylong ICC Bangladesh workshop titled “International Trade Payment: Islamic Trade Finance” for the bankers at a local hotel here on Saturday. He said trade finance and payment is a very old issue in business. Trade finance plays an important role in facilitating trade transaction between buyers and sellers. It is a form of short term banking facility to help the buyers and or sellers in managing its required cash flow in the short run.” For decades banks worldwide have been practising this conventional method of trade financing until recent years with emergence of the Islamic banking system, Latif said adding that the fundamental difference between the two is in their very concept. Participants at the workshop said the Islamic banking industry in Bangladesh also continues to show strong growth since its inception in 1983. At present, out of 48 banks, six private commercial banks are operating as full-fledged Islamic banks. Besides, 21 branches of 10 conventional banks are engaged in Islamic banking, they said. Iqbal Ibrahim Karmally, coordinator of the ICC UAE Banking Commission and head of Trade Finance at Sharjah Islamic Bank, and ICC Bangladesh Secretary Ataur Rahman moderated the workshop and spoke at the inaugural session. A total of 27 participants from different banks took part in the workshop. Azad welcomes constructive criticism
Information Minister Abul Kalam Azad urged the journalists to play a role in building nation and create awareness among the people for peace and prosperity of the country. He called on the journalists for constructive criticism of government through writings along with highlighting the positive news. He was addressing as the chief guest the publication ceremony of two books of Daily Jugantor Special Correspondent and Chittagong Bureau Chief Jasim Chowdhury Sabuj at Chittagong Press Club auditorium on Saturday. Azadi Editor MA Malek, Purbokone Editor Taslim Uddin Chowdhury, Commonwealth Journalists' Association global President Hasan Shahriar, AP Bureau Chief Farid Hossain and Chittagong University Bangla Department Prof Mahbubul Haque also spoke at the ceremony with Chittagong Press Club President Abu Sufian in the chair. Azad said journalists would play a positive role in country's development through free flow of information. “The government believes in free flow of information and passed the Right to Information Act to ensure objectivity of the information” he said. “If any one publishes quality newspaper from Chittagong the government will cooperate with them since the “Vision 2021” of the government includes expansion of newspaper industry along with ensuring trial of all journalist killings, false cases against them and repression as well,” he said. Later the minister unveiled the cover of the books titled "Unknown Destination and Chittagong: Contemporary Issue" of Jasim Chowdhury SabuJ.
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