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Overdue payments to LNG suppliers mount to $455m

The government's overdue payments to the liquefied natural gas (LNG) suppliers stood at around US$ 455 million as state-run Petrobangla has been struggling to clear the bills due to the shortage of US dollar, said sources.If the payment situation doesn't improve, the suppliers might go harsh, including ceasing LNG supplies...

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Sovereign securities buyback envisaged for even annual debt service

A new methodology is being devised to streamline lopsided government-liability management against treasuries as the existing system creates an unpredictable financial burden amid maturity of too many bills and bonds together. The government borrows through treasury bills and bonds and many of which mature in a single year. However, in...

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More than 85pc fail to earn certification

A total of 1,458 digital businesses have been registered under Digital Business Identification (DBID) in the last three years since its inception in 2021, according to DBID statistics. On the other hand, more than 85 per cent of e-commerce companies that submitted applications for digital business identity certification failed to...

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FDEE to start filing video cases Feb 21

The First Dhaka Elevated Expressway (FDEE) has announced the filing of video cases against vehicles for overspeeding on the first elevated access control highway from February 21.As the company experiences average 400 cases of driving over 100 kilometres per hour daily, it has taken the initiative with the help of...

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Reform commission suggests financial independence of judiciary

The Judicial Reform Commission has recommended for ensuring the financial independence of the judiciary.The commission headed by its chief former justice Shah Abu Nayeem Mominur Rahman handed over its 28 point recommendations to the Chief Adviser Dr Muhammad Yunus on Wednesday, BSS reports on Saturday. The commission in its number...

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Members of the law enforcement agencies

Members of the law enforcement agencies have been deployed around the Supreme Court on Saturday, as security measures have been stepped up in light of the ongoing situation in the country. — FE Photo

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US approves sale of $7.4b in bombs, missiles to Israel

WASHINGTON, Feb 8 (AFP): The United States on Friday announced the approval of the sale of more than $7.4 billion in bombs, missiles and related equipment to Israel, which has used American-made weapons to devastating effect during the war in Gaza.The State Department has signed off on the sale of...

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Egypt condemns Israeli suggestion of Palestinian state in S Arabia

CAIRO, Feb 08 (Reuters): Egypt condemned statements by Israeli officials suggesting the establishment of a Palestinian state on Saudi territory as "irresponsible" on Saturday.Egypt's foreign ministry said in a statement the idea was a "direct infringement of Saudi sovereignty" and that the kingdom's security was a "red line for Egypt".Israeli...

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AKM Mohsin elected BPJA president, Babul Talukder gen secy

AKM Mohsin has been elected as president of the Bangladesh Photo Journalists Association (BPJA) for 2025-26 term and Babul Talukder as its general secretary.The election to the executive committee of the association was held at the BPJA office in Paltan area of the capital on Saturday. The election was overseen...

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Airbus and Boeing eye India's 'soaring skies'

NEW DELHI, Feb 8 (AFP): Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.The International Air Transport Association (IATA) will also hold its annual general meeting in...

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