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Digital bank launch deludes aspirants

JUBAIR HASAN | 2025-01-25 00:00:00

Much-hyped digital-bank operations get caught up in limbo with almost no progress in the launch of this virtual banking for the tech-savvy younger population, sponsors deplore. In fact, the country's banking regulator is still in wait for responses to some...

WTO to persuade top businesses to shift their supply chains to BD

2025-01-25 00:00:00

DAVOS, Jan 24: World Trade Organisation (WTO) Director-General Dr Ngozi Okonjo-Iweala on Friday said the global trade body would help Bangladesh graduate smoothly from Least Developed Country (LDC) and persuade top businesses to shift their supply chains to the South...

Dr Yunus calls for system allowing people to vote freely

2025-01-25 00:00:00

Davos (Switzerland), Jan 24 (UNB): Sharing a background story of a changed Bangladesh with his global audience, Chief Adviser Prof Muhammad Yunus has laid emphasis on creating a mechanism so that everybody can vote "freely and fairly" without any "interruption...

FY'25 power subsidy being doubled to pay off dues to pvt plants

FHM HUMAYAN KABIR | 2025-01-25 00:00:00

Budgetary subsidy allocation may nearly double to Tk700 billion as the interim government wants to pay off accumulated arrears to the private-sector power producers within this fiscal year. Officials say the outlay in the current budget for fiscal year (FY)...

Mild cold wave sweeps some dists

2025-01-25 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Saturday), according to the Met Office.Moderate to thick fog may occur at places over the country during midnight to morning and it may continue...

Monsur Alam dies in USA

OUR CORRESPONDENT | 2025-01-25 00:00:00

CHATTOGRAM, Jan 24: Md Monsur Alam, brother of Chairman of CVO PetroChemical Refinery PLC Shamsul Alam, died of old age complications at a hospital in United State of America (USA) on January 22. He was 70. He left behind wife,...

23rd death anniv of Engr SMA Bari today

OUR CORRESPONDENT | 2025-01-25 00:00:00

CHATTOGRAM, Jan 24: The 23rd death anniversary of Engineer SMA Bari, father of the Special Correspondent of The Financial Express and poet Nazimuddin Shyamol, will be observed today (Saturday).Engineer SMA Bari was born at his village Shafinagar under Hathazari upazila...

Involving young generations in local govt reform crucial

FE REPORT | 2025-01-25 00:00:00

A 'Stakeholders' Consultation on Local Government Reform' was held at the National Institute of Local Government (NILG) on Thursday. The event was jointly organised by WaterAid Bangladesh, NILG, with support from partner organisations and networks. The consultation provided a platform...

DMP guideline afoot to regulate battery-run autos

FE REPORT | 2025-01-25 00:00:00

Dhaka Metropolitan Police (DMP) commissioner Sheikh Md Sajjad Ali has said a process is well underway to prepare a new guideline to regulate battery-run auto-rickshaws plying the city's streets.The proposed guideline will stipulate that a single person will not be...

BD joins GPAP to fight plastic pollution

FE REPORT | 2025-01-25 00:00:00

The Global Plastic Action Partnership (GPAP) has welcomed seven new members, including Bangladesh, for joining the international platform.Bangladesh's participation in the GPAP is expected to help the country fight plastic pollution.The GPAP is a multi-stakeholder platform, which has been launched...

7 injured in July uprising sent to S'pore for advanced treatment

2025-01-25 00:00:00

Seven people who were injured in the July Uprising have been sent to Singapore for advanced treatment under the initiative of the interim government, reports UNB.They departed Dhaka on Friday via a Biman Bangladesh Airlines flight to receive treatment in...

Climate shocks disrupt 33m BD children's education

FE REPORT | 2025-01-25 00:00:00

Severe weather events disrupted education for children around the world, including 33 million children in Bangladesh in 2024, according to an analysis released by UNICEF on Friday. The report, "Learning Interrupted: Global Snapshot of Climate-Related School Disruptions in 2024," is...

AL leader held over attack, vandalism in Rangpur

2025-01-25 00:00:00

RANGPUR, Jan 24 (BSS): Police have arrested Awami League (AL) leader Liaqat Ali in a case of attack on the anti-discrimination student movement and vandalism of the upazila BNP office.He was arrested from Matlab Bazar in Gangachara upazila on FridayArrested...

ACC starts probing ex-KCC mayor Khaleque's graft

2025-01-25 00:00:00

KHULNA, Jan 24 (BSS): Anti-Corruption Commission (ACC) has started investigation into the irregularities and corruption committed by the ousted mayor of Khulna City Corporation (KCC), Talukder Abdul Khaleque, reports BSS.The ACC started the investigate on Thursday and has given letters...

CA Press Wing debunks India.com report on Yunus' family

2025-01-25 00:00:00

The item on Chief Adviser Professor Muhammad Yunus's family, published on India.com, is false, said Chief Adviser's Press Wing on Friday, report BSS.It is part of an India-orchestrated propaganda campaign against Bangladesh's Chief Adviser Professor Muhammad Yunus, his family members,...

No decision yet on Khaleda Zia's liver transplant: Dr Zahid

2025-01-25 00:00:00

No decision has been taken yet on the liver transplant of Bangladesh Nationalist Party (BNP) Chairperson Begum Khaleda Zia, said her personal physician Dr. AZM Zahid Hossain while briefing reporters in front of 'The London Clinic' on Thursday night, reports...

15 abductees rescued from Teknaf hill area, two held

2025-01-25 00:00:00

Police have rescued 15 abductees, including six children, in a special operation in the remote hills of Cox's Bazar's Teknaf. They have also detained two people who law enforcers have identified as members of the kidnapping ring, reports bdnews24.com.The raid...

Pushing BNP into a different political camp will bring no good consequences: Abbas

2025-01-25 00:00:00

BNP senior leader Mirza Abbas has issued a stern warning about the potential repercussions of attempts to sow division by alleging that the BNP is laying the groundwork for another 1/11-style government, reports UNB.He was speaking at a doa and...

Fascists will return if unity destroyed

2025-01-25 00:00:00

Bangladesh Jamaat-e-Islami Ameer Shafiqur Rahman has warned that fascists will have the opportunity to return if the nation's unity is shattered, reports UNB.The Jamaat leader spoke about the importance of preserving national unity and building a humane Bangladesh, while speaking...

Ruhul Kabir Rizvi along with other party leaders paying homage to Arafat Rahman Koko

2025-01-25 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi along with other party leaders paying homage to Arafat Rahman Koko, the younger son of ex-president Ziaur Rahman and former prime minister Khaleda Zia, by placing a wreath at his grave at...

Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

2025-01-25 00:00:00

ROME, Jan 24 (AP): Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for larger peer Mediobanca in a surprise move that could reshape the country's banking sector.The offer...

Preparations continue for the Ekushey Book Fair

2025-01-25 00:00:00

Preparations continue at Suhrawardy Udyan in the capital on Friday for the Ekushey Book Fair beginning on February 1. — FE photo

Portugal to assign more land for affordable housing as prices soar

2025-01-25 00:00:00

LISBON (Reuters): Portugal's parliament on Friday approved a bill allowing rural land to be more easily reclassified for urban use and allocated to affordable housing, one of the government's key proposals to curb a worsening housing crisis.The bill, opposed by...

'Bangladesh Remittance Fair' to be held in NY April 19-20

2025-01-25 00:00:00

Two-day '4th Bangladesh Remittance Fair 2025' will be held in New York on April 19-20 to increase remittance flow from the USA to Bangladesh, reports BSS.Bangladesh-USA Chamber of Commerce and Industry (BUCCI) and USA-Bangladesh Business Links will jointly organise the...

BAPA urges revenue board to reconsider decision

FE REPORT | 2025-01-25 00:00:00

The Bangladesh Agro-Processors Association (BAPA) Thursday urged the National Board of Revenue (NBR) to reconsider the decision to increase VAT on processed food. The government has already withdrawn the increased VAT and duties imposed on mobile services, internet, and restaurants....

Biman building ground-handling capacity

GULAM RABBANI | 2025-01-25 00:00:00

Biman Bangladesh Airlines, the lone national flag carrier of the country, is strengthening its capacity for ground handling at the third terminal of the Hazrat Shahjalal International Airport.Dr Md Shafiqur Rahman, managing director and CEO of Biman, said Biman was...

Asia-Pacific markets track Wall Street gains

2025-01-25 00:00:00

Asia-Pacific markets climbed Friday, after the S&P 500 hit record highs overnight as US President Donald Trump called for lower interest rates and cheaper oil prices, reports CNBC.The Bank of Japan raised policy rate by 25 basis points to 0.5...

Foreign investors add $274b to emerging market portfolios

2025-01-25 00:00:00

NEW YORK, Jan 24 (Reuters): Foreign investors added $273.5 billion to their emerging market equity and debt portfolios last year, nearly $100 billion more than in 2023, according to a bank trade group's preliminary data published on Friday.The $273.5 billion...

UCB INVESTMENT FACILITATES BOND ISSUANCE FOR TRUST BANK

2025-01-25 00:00:00

UCB Investment Limited has successfully arranged the issuance of the 'TBL 7th Subordinated Bond' valued at Tk 4,500 million for Trust Bank PLC. The fund raised through this bond will enhance Trust Bank's Tier II capital, thereby strengthening its financial...

Stocks return to green amid investor optimism

FE REPORT | 2025-01-25 00:00:00

The equity benchmark index returned to the green this week as investors chased beaten-down shares as well as fundamentally strong stocks in the ongoing earnings season amid expectations of lower policy rates.According to analysts, expectations of a potential decline in...