Dhaka, Bangladesh (BBN) - Highlights of Wednesday’s newspapers:
The Financial Express:
-- An intelligence report has blamed the central bank, the securities regulator and "dishonest" sponsor-directors for the recent stock debacle, saying the market needs radical steps such as waiver or reschedule of interest on margin loans to revive its flagging fortune.
-- Bangladesh Telecommunication Regulatory Commission (BTRC) would take proper action if the mobile phone operator GrameenPhone (GP) fails to pay claimed revenues by next week, a senior official said on Tuesday.
The Daily Star:
-- The government will ask International Monetary Fund to send a final mission to Bangladesh soon to consult disbursement of $1 billion under an extended credit facility programme, officials said.
--Finance Minister AMA Muhith yesterday refused to make any comment on the secondary share market, saying his critics say that whenever he speaks the market suffers a slide.
--Terming the government corrupt at every level, BNP Chairperson Khaleda Zia yesterday said the ruling Awami League must participate in the next election held under an impartial caretaker government if it wants to continue its existence.
The New Age:
--Economists on Tuesday expressed their concerns about the soaring inflation that is affecting investments and the livelihood of the people.
--Bangladesh took a sweet revenge on West Indies when they bundled the tourists out for 61 runs before romping to an eight-wicket win in the third one-day international in Chittagong on Tuesday.
BBN/SSR/AD-19Oct11-10:59 am (BST)