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Malaysia-bound workers call off demo in city

FE REPORT | 2025-01-23 00:00:00

Bangladeshi job aspirants postponed their demonstration in the capital on Wednesday following the government's assurance that they would be sent to Malaysia by March-April period.Hundreds of job seekers thronged Karwan Bazar intersection and started a demonstration in the morning. In...

BNP optimistic about good US-BD ties under Trump

2025-01-23 00:00:00

BNP senior leader Nazrul Islam Khan has expressed optimism that Bangladesh's relations with the United States (US) will remain unaffected under Donald Trump's presidency, reports UNB."We believe that the two governments in these democratic countries are democratically supported. So, we...

Khaleda Zia acquitted in Cumilla sabotage case

2025-01-23 00:00:00

A Cumilla court has acquitted BNP Chairperson Khaleda Zia in a 2015 sabotage case filed at the Chauddagram Police Station, report agencies.Cumilla-1 Additional District and Sessions Judge Afroza Sheuly acquitted her of the case on Monday, but the matter came...

Ex-AL MP jailed for four years in Jashore

2025-01-23 00:00:00

JASHORE, Jan 22 (UNB): A Jahsore court has sentenced former Awami League (AL) MP Shahin Chakladar to four years in jail in a case filed by Anti-Corruption Commission (ACC) around 16 years back.Judge of Jashore Special and Session Judge Court...

Holding national polls EC's main priority: Commissioner Masud

2025-01-23 00:00:00

BARISHAL, Jan 22 (UNB): The Election Commission (EC) is focusing on the upcoming national parliamentary election rather than the local government polls, said Election Commissioner Abdur Rahmanel Masud on Wednesday. The commissioner came up with the remark while speaking at...

Palak, Atiq, Sadek Khan on remand again

2025-01-23 00:00:00

A Dhaka court has placed ex-state minister for ICT Zunaid Ahmed Palak, former Dhaka North City Corporation mayor Atiqul Islam, former lawmaker Sadek Khan, and former DNCC councillor for ward No. 29 Salimullah Solu on remand once again for different...

BNP, Khelafat Majlis agree on holding polls by 2025

2025-01-23 00:00:00

BNP and Khelafat Majlis have agreed on seven issues, including holding the national election by 2025 and strengthening national unity to prevent the reemergence of the fallen fascists, reports UNB."We have agreed on seven points, including the quick withdrawal of...

ACC prosecutes ex-minister Tazul, wife over 'illicit assets'

2025-01-23 00:00:00

The Anti-Corruption Commission, or ACC, has prosecuted former local government minister Md Tazul Islam and his wife Fauzia Islam over allegations of having wealth beyond means, reports bdnews24.com.They face allegations of acquiring Tk 147 million in illegal assets.Two cases were...

Ctg footpaths occupied again

NAZIMUDDIN SHYAMOL | 2025-01-23 00:00:00

CHATTOGRAM, Jan 22: The footpaths and the roadsides in the port city are being occupied illegally by hawkers, disrupting vehicular and public movements.City-dwellers said most of the footpaths and both sides of the roads in the port city have now...

ACC to investigate 'manipulation' in 11th national polls

2025-01-23 00:00:00

The Anti-Corruption Commission (ACC) on Wednesday decided to investigate officials related to the 11th National Election.The commission had received complaints regarding election manipulation during the 11tth National Election, ACC Director General (prevention) Akhtar Hossain told reporters at a briefing held...

BB raises individual Sukuk investment limit to 20pc

FE REPORT | 2025-01-23 00:00:00

The Bangladesh Bank has increased the investment limit for individual investors, provident funds, and deposit insurance in the Shariah-based Islamic bond known as Sukuk to 20 per cent. The move aims to diversify investment opportunities for potential investors, according to...

RHD proposes 27pc cut in allocation for aid projects in RADP

MUNIMA SULTANA | 2025-01-23 00:00:00

The Roads and Highways Department (RHD) has proposed reducing its allocation for foreign-aided projects by around 27 per cent in the FY25 revised annual development programme (RADP) due to the poor progress of almost all projects in the first half...

Biman flight lands safely at HSIA amid bomb threat

FE REPORT | 2025-01-23 00:00:00

A flight of the Biman Bangladesh Airlines originating from Rome touched down safely at Hazrat Shahjalal International Airport (HSIA) following a bomb threat on Wednesday. All 250 passengers and 13 crew members aboard the plane were safely evacuated. However, no...

Dr Yunus urges global leaders to help bring back stolen money

2025-01-23 00:00:00

DAVOS, Jan 22 (UNB): During his hectic second day at the World Economic Forum (WEF) on Wednesday, Chief Adviser Prof Muhammad Yunus called on Bangladesh's international allies to aid in the recovery of substantial amounts of stolen money.The Chief Adviser...

Summit's plea to Petrobangla to reconsider FSRU termination

FE REPORT | 2025-01-23 00:00:00

Summit Group has urged the state-owned Petrobangla to reconsider the termination of its floating, storage and regasification unit (FSRU) through a media statement on Wednesday.It termed the termination "invalid" as any delay in the project, for which Summit has already...

Prayer Timings (2025-01-23)

2025-01-23 00:00:00

IMF delays decision on 4th tranche until March

2025-01-23 00:00:00

The release of the fourth tranche of Bangladesh's $4.7 billion budget-support loan from the International Monetary Fund (IMF) has been deferred until March, primarily due to scheduling adjustments caused by natural disasters, reports UNB.A senior official at Bangladesh Bank (BB)...

LNG subsidies set to go ballooning this fiscal yr

M AZIZUR RAHMAN | 2025-01-23 00:00:00

State subsidies on account of LNG import in the current fiscal year (FY 2024-25) are estimated to be around Tk 160 billion, nearly three times previous FY's Tk 60.35 billion.State-run Petrobangla has estimated the expenses considering the devaluation of the...

Draft CSO makes four offences non-bailable

FE REPORT | 2025-01-23 00:00:00

The draft Cyber Security Ordinance 2025 has undergone a comprehensive update, introducing over a dozen new sections and making four offences non-bailable. At the same time, nine contentious sections have been repealed, and provisions related to bullying have been excluded,...

BB's USD sales to banks dip 89pc in H1 FY25

JASIM UDDIN HAROON | 2025-01-23 00:00:00

The Bangladesh Bank's dollar sales to commercial banks fell significantly during the July-December period of this fiscal year compared to the same period in FY24, according to a central bank report.The report says the central bank sold a net $628.38...

Increase in VAT lifted or cut on various items

FE REPORT | 2025-01-23 00:00:00

Government's finance authority has reconsidered the latest hikes in value-added tax (VAT) and supplementary duty (SD) on eight out of 100 types of products and services following widespread criticism. The National Board of Revenue (NBR) had increased VAT and SD...

NBR’s revenues drop 25pc in H1 of FY '25

DOULOT AKTER MALA | 2025-01-23 00:00:00

Domestic revenue mobilisation in Bangladesh marked a significant shortfall by 25 per cent or Tk 577.24 billion in the first half of this fiscal year, prompting suggestion for recasting the NBR.Such big deficit would create a serious pressure on the...

Unilever’s India unit to buy 'Minimalist' beauty brand

2025-01-23 00:00:00

NEW DELHI, Jan 22 (Reuters): Consumer goods maker Hindustan Unilever said on Wednesday it would buy the 'Minimalist' skin care brand and projected near-term margins at the lower end of its forecast range as it grapples with slowing urban demand.This...

Japan firms must prepare for Trump tariff fallout

2025-01-23 00:00:00

DAVOS (Switzerland), Jan 22 (Reuters): Japanese companies remain bullish about investing in the United States but need to prepare for supply chain shocks that could arise during Donald Trump's presidency, the chief executive of drinks giant Suntory Holdings said on...

Trump announces pvt-sector $500b investment in AI infrastructure

2025-01-23 00:00:00

WASHINGTON, Jan 22 (Reuters): US President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.Trump said that ChatGPT's creator OpenAI,...

China vows to defend 'interests' against Trump tariff threats

2025-01-23 00:00:00

BEIJING, Jan 22 (AFP): China on Wednesday vowed to defend its "national interests" against tariff threats from US President Donald Trump after warned he could impose a 10 per cent duty on imports from the country by the end of...

Pubali Bank opens Islamic Banking Corner

2025-01-23 00:00:00

Pubali Bank PLC has initiated the establishment of 'Islamic Banking Corners' nationwide to meet the growing demand for Islamic banking services. Through these corners, customers will have easy access to a full range of Islamic banking services. In this regard,...

EXECUTIVE COMMITTEE MEETING OF ANSAR-VDP UNNAYAN BANK -

2025-01-23 00:00:00

206th meeting of the Executive Committee of the Board of Directors of Ansar-VDP Unnayan Bank was held on Monday with Chairman of Ansar-VDP Unnayan Bank and Director General of Bangladesh Ansar and Village Defense Party Major General Abdul Motaleb Sazzad...

Shariah supervisory board meeting of IDLC Asset Management held

2025-01-23 00:00:00

The 21st Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently with Dr Syed Muhammed Emdad Uddin in the chair, says a press release. Dr M Mahabbat Hossain, Prof Mamtaz...

Two-day basic training on PPP conducted for key transport, infrastructure agencies

2025-01-23 00:00:00

A two-day basic training session on Public-Private Partnerships (PPP) was successfully conducted at the Public-Private Partnership Authority (PPPA) office in Agargaon, says a press release. The training programme was designed for key agencies involved in Bangladesh's transportation and infrastructure sectors,...