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Wholesale-retail GDP share static

The GDP share of wholesale-retail trade has remained almost static in the outgoing fiscal year, which experts cite as an impact of inflationary pressure that forces millions to squeeze consumption.The sector, which includes wholesale, retail and vehicle servicing, comprises 14.43 per cent of the GDP (current market price) in FY24,...

Korea confirms $100m budget support for BD

Korea has confirmed $100 million worth of budgetary support for Bangladesh as it signed a loan agreement with the government on Monday.The loan will be used for reform in the social resilience programme in Bangladesh, said a press release from the Economic Relations Division (ERD).ERD Additional Secretary Mirana Mahrukh and...

Prime Minister Sheikh Hasina inaugurates the distribution of stipends and tuition fees for financially disadvantaged but meritorious

Prime Minister Sheikh Hasina inaugurates the distribution of stipends and tuition fees for financially disadvantaged but meritorious students from secondary to graduate (pass) and equivalent levels under the Prime Minister's Education Assistance Trust, at a ceremony held at Osmani Memorial Auditorium in Dhaka on Monday. Stroy on Page 1 —...

Small tea farms in north seek subsidised fertiliser

FE ReportNearly 8,500 small-scale tea garden owners in the country's north have requested subsidised fertilisers from the Bangladesh Chemical Industries Corporation (BCIC) dealers to ensure uninterrupted production.The Bangladesh Tea Board (BTB) recently wrote to the commerce ministry requesting the allocation of fertilisers from the agriculture ministry."The government is considering providing...

Police to bar 'corrupt' from going abroad, says IGP

Inspector General of Police (IGP) Chowdhury Abdullah Al Mamun on Monday said the police would take action on directives to halt corrupt persons attempting to leave the country."We'll take action to stop any foreign travel move by any person against whom allegations of corruption and irregularities allegations are being raised."The...

Court imposes travel ban on Matiur, family

A Dhaka court on Monday imposed a travel ban on recently removed top revenue official Matiur Rahman and his wife Layla Kaniz Lucky, and their son Ahmed Taufiqur Rahman Arnob amid a wealth probe by the Anti-Corruption Commission (ACC).Dhaka Metropolitan Sessions Judge Mohammad As-Shams Jaglul Hossain passed the order after...

Benazir's wife, daughters also skip ACC quizzing

Like former Inspector General of Police (IGP) Benazir Ahmed, his wife and daughters have also skipped quizzing of Anti-Corruption Commission (ACC) over graft allegations and amassing huge properties by the family. They didn't appear before the ACC on Monday, but sent a written explanation to the anti-graft body through their...

Khaleda transferred to cabin from CCU

BNP Chairperson Khaleda Zia has been shifted from the Coronary Care Unit (CCU) at Evercare Hospital in Dhaka to a cabin, according to her personal physician Dr Zahid Hossain, reports bdnews24.com."After madam was visited by members of her medical team, they reviewed everything, and she was shifted from the CCU...

UP chairman sued for 'embezzling' relief in Ctg

CHATTOGRAM, June 24: Khankhanabad Union Parishad chairman Jasim Uddin Haider and member Shahidul Islam have been sued on charges of embezzling the government relief allocated to fishermen in Banshkhali upazila of the district.Mir Md Nazrul Islam, personal assistant to lawmaker Mujibur Rahman, filed the case with a court on Sunday.The...

BR extends service of spl train on Ctg-Cox's Bazar till July 24 next

CHATTOGRAM, June 24: The special rail service on the Chattogram-Cox's Bazar route has been extended for another month. The train will be operated till July 24 due to its profitability and high passenger demand.Sources said, the service resumed on June 12 for Eid-ul-Azha and was scheduled to run until today...

Dhaka's Kutubkhali canal in Jatrabari is heavily polluted, with pitch-black water and rubbish visible on the surface.

Dhaka's Kutubkhali canal in Jatrabari is heavily polluted, with pitch-black water and rubbish visible on the surface. The water flow is choked with waste dumped mostly by nearby residences. The photo was taken from Dholaipar on Monday. — FE Photo