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Care-giving sector needs the attention it deserves

2024-11-01 00:00:00

It is strange that despite high potential, care-giving service sector in the country has remained largely overlooked as a significant driver of employment. A recent study by the International Labour Organisation (ILO) reveals that Bangladesh could create approximately 7.0 million...

Looking beyond RMG-diversifying exports

Matiur Rahman | 2024-11-01 00:00:00

Bangladesh's economy has seen remarkable growth over recent decades, largely driven by the ready-made garment (RMG) industry. This sector alone accounts for well over 80 per cent of the country's export earnings, employs millions, and has established Bangladesh as a...

Govt won't allow supply shortage of essentials

FE REPORT | 2024-10-31 12:00:00

The government would not allow the creation of a short supply of essential commodities, Finance and Commerce Adviser Dr Salehuddin Ahmed said Wednesday.Necessary steps will be taken to keep people free from stress, he told newsmen after a meeting of...

Unravelling the stock market debacle

Atiqul Kabir Tuhin | 2024-10-31 12:00:00

The country's stock market has long been in a state of turmoil. While fluctuations in share prices are natural, the volatility of the capital market has escalated to scandalous levels, an unusual trend seldom found in other bourses worldwide. During...

Dengue claims 4 more lives

2024-10-31 00:00:00

Four more deaths due to dengue were reported in the 24 hours leading up to Wednesday morning, raising the total fatalities from the mosquito-borne disease in Bangladesh to 290 this year.In the recent fatalities, two were reported in Chattogram Division,...

Govt to form 'National Maritime Port Strategy', says adviser

FE REPORT | 2024-10-31 00:00:00

The government has embarked on the formulation of a 'National Maritime Port Strategy' to advance the country's maritime sector.Brigadier General (retd) M Sakhawat Hossain, adviser of the Ministry of Shipping and the Ministry of Textiles and Jute, informed the matter...

Low-cost hajj packages announced

FE REPORT | 2024-10-31 00:00:00

The interim government has unveiled two hajj packages for 2025 with the lowering of pilgrimage costs significantly.Religious affairs adviser AFM Khalid Hossain announced the new packages at a press briefing at his secretariat office on Wednesday.This year, the government fixed...

Dhaka traffic tumbles amid street demos

FE REPORT | 2024-10-31 00:00:00

A double knock of street demonstrations Wednesday by seven-college students for a separate university for them and by jobseekers demanding service-age-limit raised to 35 years created nagging traffic impasse in Dhaka for hours. Delivering an ultimatum for conceding to their...

Banks don't need prior BB approval to remit money abroad

FE REPORT | 2024-10-31 00:00:00

Bangladesh Bank has relaxed foreign exchange rules allowing banks to remit bandwidth services-related payments abroad without prior approval from the central bank.The authorised dealer (AD) banks may remit payments against bandwidth services imported by the business entities incorporated in Bangladesh...

UN for national healing after political upheavals

FE REPORT | 2024-10-31 00:00:00

Inequality, cycles of revenge and retribution, marginalization, corruption, and gross human-rights violations must be consigned to the past, UN rights-body chief Volker Türk suggests for Bangladesh's post-uprising transition.Addressing a press briefing Wednesday to wrap up his two-day visit to Dhaka,...

CA invited to join D-8 Summit in Cairo

FE REPORT | 2024-10-31 00:00:00

Egypt has invited Prof Dr Muhammad Yunus, chief adviser to the interim government, to attend the D-8 Summit in Cairo this December.The conference of heads of government of Developing-8 (D-8) will be hosted in the Egyptian capital from December 16...

HC scraps 11 criminal cases against Khaleda

FE REPORT | 2024-10-31 00:00:00

The High Court on Wednesday, scrapped the trial proceedings in 11 criminal cases, including a sedition case filed against BNP Chairperson Khaleda Zia. The High Court bench of Justice A K M Asaduzzaman and Justice Syed Enayet Hossain delivered the...

17 road development projects dropped in weeks

FHM HUMAYAN KABIR | 2024-10-31 00:00:00

The Planning Commission has declined to approve at least 17 road development projects in recent weeks as those were reportedly undertaken by the Sheikh Hasina government on political grounds.Costs of some projects are abnormally high, while some are not so...

City Centre dispute heats up as HC stays property transfer

FE REPORT | 2024-10-31 00:00:00

The tallest building in Bangladesh, City Centre, has become the focal point of a contentious legal dispute between a local conglomerate and a Dubai-based developer, with the High Court (HC) staying the properties transfer on the 37-storey building.The conflict centres...

Bangladesh retain SAFF Women's Champs title

2024-10-31 00:00:00

Defending champions Bangladesh retained their SAFF Women's Championship title on Wednesday with a 2-1 victory over Nepal, thanks to a stunning goal by Rituparna Chakma, according to Nepal's daily newspaper The Kathmandu Post.The closely contested final, held at Kathmandu's Dasharath...

Generous fund feeding to banks thru special bonds crosses Tk 400b

JUBAIR HASAN | 2024-10-31 00:00:00

Inflation-fuelling high-powered money makes a comeback as a special liquidity-feeding instrument called AR or assured repo is now in operation, sources said.In the third phase that started on October 29, 2024, Bangladesh Bank, the country's central bank, is disbursing Tk...

Three UPDF members shot dead

2024-10-31 00:00:00

KHAGRACHHARI, Oct 30 (UNB): Three members of United People's Democratic Front (UPDF) have been shot dead by some miscreants at Santi Ranjan Para in Panchari upazila of Khagrachhari district.The dead are Sijon Chakma, Shahon Tripura and Join Chakma.In a statement,...

Ex-agri minister Abdus Shahid on four-day remand

2024-10-31 00:00:00

A Dhaka court has placed former agriculture minister Md Abdus Shahid on a four-day remand in a case lodged over the murder of bus driver Alamgir Hossain during the student-led mass uprising, reports BSS.Dhaka Metropolitan Magistrate Sharifur Rahman passed the...

Tenure of govt should be four years: LGRD adviser

2024-10-31 00:00:00

Adviser to the Ministry of Local Government, Rural Development and Cooperatives (LGRD) AF Hassan Ariff has said the tenure of governance in the country should be four years instead of the current constitutional provision for five years, reports UNB. "If...

AL leader hacked to death in Jashore

2024-10-31 00:00:00

JASHORE, Oct 30 (UNB): A local leader of Awami League (AL) has been hacked to death in Chougachha Upazila of Jashore district.The dead is Anisur Rahman ( 56), vice president of AL Singhojhuli Union unit.Mehedi Hasan, second officer of Chougachha...

Fakhrul for polls in rational time

FE REPORT | 2024-10-31 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir has called for the incumbent government to hold the next election within a rational time with an eye to fulfilling people's expectations."Please arrange the general election within a rational time...

Light rain likely today ,,,....

2024-10-31 00:00:00

Light rain is likely to occur at one or two places over Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna and Sylhet divisions in the next 24 hours from 06:00 am today (Thursday), according to the Met Office. The sun sets in the...

Freedom fighter Sakhawat dies

2024-10-31 00:00:00

Freedom Fighter Md Sakhawat Hossain Bhuian died recently at a hospital in Mugda, says a statement. He was 70 years old.Sakhawat Hossain was buried at Pakunda Thana Bari graveyard.He left behind one son, two daughters and wife to mourn his...

74th birth anniv of Mirza Ali Behrouze Ispahani observed

2024-10-31 00:00:00

The 74th birth anniversary of Mirza Ali Behrouze Ispahani was observed at Mirza Ahmed Ispahani High School in Chattogram on Wednesday, says a statement. He was the son of late Mirza Mehdi Ispahani, founder of Mirza Ahmed Ispahani High School,...

Govt yet to decide on opening UNHR office: Touhid

2024-10-31 00:00:00

Foreign Affairs Adviser Md Touhid Hossain on Wednesday said the government is yet to decide regarding opening of an office of the United Nations Human Rights (UNHR) in Dhaka, reports BSS."We are yet to decide … there was only a...

Police foil protesters' bid to march towards Secretariat

2024-10-31 00:00:00

Police have dispersed a group of students and job seekers who tried to march towards the Secretariat from Shahabagh protesting the government's decision on raising the age limit for public service to 32 from 30, reports UNB.The protesters staged sit-in...

Climate change-linked health risks taking heavy toll on BD

2024-10-31 00:00:00

FE REPORTHealth risks over climate change impacts are taking a heavy toll on Bangladesh, a report of the Lancet Countdown revealed on Wednesday.The suitability for transmission of various infectious diseases, including dengue and malaria, is increasingly influenced by climate change,...

Halloween Fest at Fantasy Kingdom

2024-10-31 00:00:00

Fantasy Kingdom is going to host first-ever 'Halloween Fest' on October 31 and November 1, featuring spooky decorations and engaging activities for visitors of all ages, says a statement.One of the main attractions will be the 'Horror Tunnel', where guests...

Nazmus Saadat promoted to DMD of Social Islami Bank

2024-10-31 00:00:00

Md. Nazmus Saadat has been appointed as the Deputy Managing Director of Social Islami Bank PLC, bringing with him an impressive 27-year legacy in Islami banking, says a statement. Starting off his career in 1995 as a probationary officer at...

Southeast Bank holds 746th Board Meeting

2024-10-31 00:00:00

Southeast Bank holds 746th Board MeetingSoutheast Bank PLC held its 746th board meeting on Wednesday. M. A. Kashem, Chairman, Southeast Bank, presided over the meeting. Vice Chairperson Rehana Rahman, Directors Alamgir Kabir, Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed,...