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No BD varsity among top 100 in Asia

FE REPORT | 2024-11-07 00:00:00

No Bangladeshi universities have been ranked in the list of the top 100 universities in Asia, prepared by the UK-based education and research organisation QS. However, seven universities from India and two from Pakistan have made it to the top...

Saad followers voice 5-point demand

FE REPROT | 2024-11-07 00:00:00

Followers of Maulana Saad Kandhlavi, the global Amir of Tablig Jamaat and leader of its one faction, held a press conference at the National Press Club (NPC) in the capital on Wednesday, a day after a massive rally at the...

Army Chief Parade of Bangladesh Army's Armoured Corps Recruit Batch 2024

2024-11-07 00:00:00

Major General Khaled Al-Mamun, chief guest of the Army Chief Parade of Bangladesh Army's Armoured Corps Recruit Batch 2024, handing over a memento to one of the participants at ACC&S in Bogura Cantonment on Tuesday. — ISPR

CA meets Abu Sayed's brothers

FE REPORT | 2024-11-07 00:00:00

Two brothers of Abu Sayed, the martyred protester in this year's July-August mass movement, met Chief Adviser (CA) Professor Muhammad Yunus at the State Guest House Jamuna in the capital on Wednesday.Syed's brothers said Professor Yunus speaking about the sacrifice...

Four more PSC members take oath

2024-11-07 00:00:00

The four newly appointed members of the Bangladesh Public Service Commission (PSC) took oath on Wednesday, reports BSS.The four members are- Md Zahirul Islam Bhuiyan, ASM Golam Hafiz, Dr M Sohel Rahman and Dr Chowdhury Saima Ferdous.Chief Justice Dr Syed...

Pvt agencies announce Hajj packages

FE REPORT | 2024-11-07 00:00:00

Hajj agency owners on Wednesday announced two packages for next year's Hajj under private management.The owners under the banner of General Hajj Agencies announced the packages at a press briefing at the National Press Club in the capital. The recently...

Labelled as risky, yet battery-run three-wheelers still rule main roads

2024-11-07 00:00:00

Labelled as risky, yet battery-run three-wheelers still rule main roads flouting regulatory restrictions to the contrary. The snap was shot on Babubazar Bridge in the capital on Wednesday. — FE Photo by Shafiqul Alam

'Shishu Bokta' Rafiqul Islam acquitted in four DSA cases

2024-11-07 00:00:00

Rafiqul Islam Madani, popularly known as 'Shishu Bokta' has been acquitted in four cases filed under the Digital Security Act in four separate police stations in Dhaka, reports UNB.Judge Nur-e Alam of Dhaka Cyber Tribunal passed the order on Wednesday,...

4 more die in 24 hrs -

2024-11-07 00:00:00

Four more deaths were reported from dengue in the 24 hours till Wednesday morning, bringing the total number of fatalities from the mosquito-borne disease in Bangladesh to 330 this year, reports UNB.The recent fatalities included two in the Dhaka North...

'Threats to media weaken unbiased new Bangladesh'

FE REPORT | 2024-11-07 00:00:00

The Transparency International Bangladesh (TIB) has voiced its serious concern over deliberate attacks on journalists and media outlets as well as indiscriminate lawsuits motivated by personal grievances.In a statement on Wednesday, the anti-corruption watchdog cautions that these actions are not...

Govt to issue state guarantee for Tk 30b BB loan to ICB

FE REPORT | 2024-11-07 00:00:00

The government is set to issue a sovereign guarantee against a Tk 30-billion loan expected to be provided by the Bangladesh Bank to the Investment Corporation of Bangladesh (ICB) that has long been suffering from a fund crisis.The fund would...

VAT waived for export cos

DOULOT AKTER MALA | 2024-11-07 00:00:00

Export-oriented companies would enjoy value-added tax (VAT) waiver on transfer of capital machinery and spare parts on three conditions, one of which is that both of the companies must have valid bond licences, according to a new General Order (GO)...

EU to buttress interim govt's anti-graft fight

FE REPORT | 2024-11-07 00:00:00

The European Union stands ready to support Bangladesh's interim government, headed by Chief Adviser Prof Dr Muhammad Yunus, in every possible way in its reform initiatives and fight against corruption.Paola Pampaloni, director, Asia and Pacific Department of European External Action...

Govt approves bulk imports of rice, wheat, sugar, LNG, fertiliser

2024-11-07 00:00:00

The Advisors Council Committee on Government Purchase (ACCGB) on Wednesday approved a number of proposals to procure rice, wheat, sugar, LNG, and fertiliser to meet local demands and award contracts for upgradation of landing stations.Finance Adviser Dr Salehuddin Ahmed presided...

Govt raises asking rates by 7-10pc

YASIR WARDAD | 2024-11-07 00:00:00

The government on Wednesday announced its decision to procure 1 million tonnes of rice and paddy during the upcoming Aman-harvest season.Under the plan, parboiled rice will be procured at Tk 47 a kg, white rice (atap) at Tk 46 a...

Waiver of customs, regulatory duties on onion import

FE REPORT | 2024-11-07 00:00:00

The government has removed all customs and regulatory duties on onion import in its seamless efforts to ease the volatile spice market.The National Board of Revenue (NBR) cut 10-per cent duties, earlier imposed as customs and regulatory ones, according to...

Prayer Timings (2024-11-07)

2024-11-07 00:00:00

Anniversary Supplement (2024-11-07)

2024-11-07 00:00:00

Tenders invited for importing LNG cargoes from spot mkt

FE REPORT | 2024-11-07 00:00:00

State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) invited two fresh tenders and reissued a previous tender to procure three spot LNG cargoes.The new tenders aim to make purchases for the December 14-15 and December 20-21 delivery windows while the reissued...

New ordinance to grant commission for recovering laundered money

FE REPORT | 2024-11-07 00:00:00

Bangladeshi embassies in some richer countries are reportedly getting huge requests from expatriates for authorisation of power of attorney for selling their assets in homeland to take money abroad, prompting prevention plans. After selling the assets they are taking money...

Dr. Yunus greets Donald Trump

FE REPORT | 2024-11-07 00:00:00

Chief Adviser Dr Muhammad Yunus on Wednesday congratulated US President-elect Donald Trump on his victory."I look forward to working together to further strengthen our partnership and foster sustainable development," Dr Yunus said in a letter to Mr Trump."I am delighted...

New regulatory rules to augment liquidity feeding

FE REPORT | 2024-11-07 00:00:00

Liquidity support to some crisis-stricken banks may be ramped up through a new mechanism, the central bank says and assures depositors of their money's security. The cash-hungry commercial lenders have already availed nearly Tk 56 billion from well-off banks under...

Stunning comeback: Trump elected 47th US president

2024-11-07 00:00:00

Donald Trump was elected president, capping a remarkable comeback four years after he was voted out of the White House and ushering in a new American leadership likely to test democratic institutions at home and relations abroad, reports Reuters.Trump, 78,...

Current-account deficit shrinks amid signs of economic pickup

JASIM UDDIN HAROON | 2024-11-07 00:00:00

Current balance-of-payments (BoP) data show signs of Bangladesh's economy picking up with export receipts rising, imports returning to positive growth and a strong rebound in remittances.This has led to a narrower current-account deficit, while both the financial and capital accounts...

Will the Fed really 'lose control' of the bond market?

2024-11-07 00:00:00

ORLANDO, Florida, Nov 6 (Reuters): When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll face a much more complicated situation than they did only two months ago, due to...

Some European firms retreat from Israel-linked finance amid war pressure

2024-11-07 00:00:00

LONDON, Nov 6 (Reuters): Several of Europe's biggest financial firms have cut back their links to Israeli companies or those with ties to the country, a Reuters analysis of filings shows, as pressure mounts from activists and governments to end...

What's at stake for global markets in a Trump presidency

2024-11-07 00:00:00

As Donald Trump appears poised to head back to the White House, the US dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds, emerging markets, clean energy and sustainable investing, reports Reuters.Here's how:CURRENCIESA...

Tesla shares pop as Trump claims victory

2024-11-07 00:00:00

Tesla shares surged 12 per cent in premarket trading on Wednesday as Republican Donald Trump claimed victory in the US presidential race against Democratic Vice President Kamala Harris, reports Reuters.The electric-vehicle maker's billionaire CEO, Elon Musk, has been an outspoken...

EU opens antitrust probe into US mobile phone glass maker

2024-11-07 00:00:00

BRUSSELS, Nov 06 (AFP): The European Union (EU) said on Wednesday it has opened an antitrust investigation into US glass producer Corning -- the maker of a break-resistant glass used as display cover in tablets and smartphones.The probe will assess...

Saudi cabinet approves framework to boost foreign direct investment

2024-11-07 00:00:00

RIYADH, Nov 06 (Arab News): The Saudi Cabinet has initially approved the national general framework and guiding principles for foreign direct investment, setting the stage for enhanced economic engagement with international organizations.The session, chaired by Crown Prince Mohammed bin Salman,...