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Yunus proposes world of 'three zeroes' at COP summit

Professor Muhammad Yunus, the head of interim government of Bangladesh, mooted his concept of an equitable world of 'zero carbon' at the inaugural session of the COP29 summit in the Azerbaijan capital, Baku, as a galaxy of global leaders gave him audience. "I seek your indulgence to share with you...

Budget loans to give breathing space to economy: IMF

An exigent switch from project aid to budget-support loans from bilateral and multilateral development financiers in the interim period will yield some breathing space for Bangladesh's economy, the IMF observes. The International Monetary Fund (IMF) has noted that apart from the recent political tensions, there have also been disruptions on...

Import rise weighs down reserves to $18.46b in IMF arithmetic

Bangladesh's imports from the Asian Clearing Union (ACU) member-countries increased nearly 9.50 per cent in September-October, officials said Tuesday, further weighing down the country's forex reserves. The amount of ACU payment rose to $1.50 billion during the period under review from $1.37 billion earlier mainly due to higher imports from...

Limon who lost leg in RAB shooting files complaint with ICT

Thirteen years after losing his leg in a shooting incident, Limon Hossain from Jhalakathi has filed a complaint with the International Crimes Tribunal (ICT) against nine persons, including former prime minister Sheikh Hasina's security advisor Tarique Ahmed Siddique and former RAB officer Ziaul Ahsan, reports bdnews24.com.Limon submitted the complaint to...

ICT Chief Prosecutor seeks Interpol Red Notice to arrest Hasina

The chief prosecutor of the International Crimes Tribunal (ICT) in Dhaka has requested Interpol to issue a Red Notice for arresting former prime minister Sheikh Hasina on charges of crimes against humanity and genocide during the July-August mass uprising.The office of the ICT chief prosecutor sent a letter to Interpol...

Hand-to-mouth labourers' wages to get VAT waiver

Some relief from the catch-all tax dragnet may be forthcoming for people on the lowest rung of society as the interim government contemplates waiving VAT on day-labourers' wages. Officials say the measure is being mulled over to address longstanding inconsistencies within the VAT law, which spares none -- nor even...