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Apparel exports to US drop over 13pc in January-May

FE REPORT | 2024-07-05 00:00:00

The country's apparel exports to the United States, its largest destination, sustained a double-digit decline in the first five months of 2024, reaching $2.90 billion. Data released by the Office of Textiles and Apparel (OTEXA) under the US Department of...

Public varsity teachers observe strike for 4th straight day

FE REPORT | 2024-07-05 00:00:00

Public university teachers and employees, including Dhaka University (DU), observed work abstention for the 4th consecutive day on Thursday demanding their exclusion from the "Prottoy" scheme under the Universal Pension Scheme.As a result, all the activities of DU, including classed...

Sylhet flood situation 'stable'

2024-07-05 00:00:00

Flooding north and northwestern regions may deteriorate in the north and northwest while the situation will be stable in the northeastern Sylhet region, the Flood Forecasting and Warning Centre has said.Except the Kushiyara, the water level of other major rivers...

Students continue protest against FF quota

FE REPORT | 2024-07-05 00:00:00

Public university students in their thousands across the country erupted into a storm of protests against the reinstatement of quota for freedom fighters in government jobs on Thursday.Students from Dhaka University (DU), Jahangirnagar University (JU), Rajshahi University (RU), Chattogram University...

BD to seek $1.0b in Chinese aid

FE REPORT | 2024-07-05 00:00:00

Dhaka will seek Beijing's assistance to implement seven power and energy projects involving an estimated $1.0 billion during the prime minister's forthcoming visit.State minister for power, energy and mineral resources Nasrul Hamid said this to the media on Thursday.Of the...

Prayer Timings (2024-07-05)

2024-07-05 00:00:00

GNI may drop on data correction

JASIM UDDIN HAROON | 2024-07-05 00:00:00

A major correction in miscalculated export data is now set to down-rate Bangladesh's gross national income and per-capita GNI in a major upset.Bangladesh Bank sources Wednesday told The Financial Express that a committee formed to investigate EPB data found a...

Surveys indicate Labour will secure at least 430 seats

2024-07-05 00:00:00

LONDON, July 04 (AFP): Three large-scale surveys indicated Labour was on the brink of a record victory, with the Tories set for their worst-ever result and the centrist Liberal Democrats resurgent in third.YouGov, Focaldata and More in Common all projected...

China ready to work with India on Teesta project: Yao Wen

FE REPORT | 2024-07-05 00:00:00

Chinese Ambassador to Bangladesh Yao Wen said China is ready to collaborate with India on the Teesta River restoration project, if that is what Bangladesh wants.Asked about China's response to Bangladesh's possible desire for joint collaboration with both China and...

Scrutiny-failure detection downsizes export earnings, upsets economic indices

DOULOT AKTER MALA | 2024-07-05 00:00:00

Absence of scrutiny of data-inputs accuracy in government entities results in the downsizing of export earnings and may upset Bangladesh's trade rankings.Economists call it 'macroeconomic data shock' that might impact trade deficit, country ranking on export, and current-account balance among...

Some spending suspended amid fund crunch

FE REPORT | 2024-07-05 00:00:00

The government has decided to squeeze certain spending under both new operating and development budgets at the very outset of the new financial year, in line with its ongoing belt-tightening measures.Never before the government resorted to such a move only...

Weather (2024-07-05)

2024-07-05 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the...

JS body for bringing private universities under accountability

2024-07-05 00:00:00

The Parliamentary Standing Committee on the Ministry of Education on Thursday recommended taking effective steps to bring the private universities under the purview of accountability and transparency, reports BSS.The parliamentary committee made the recommendation at its 4th meeting at the...

Female worker dies after falling from building in capital

FE REPORT | 2024-07-05 00:00:00

A female construction worker died after falling from an under-construction building in the capital's Azimpur area on Thursday. The victim was identified as Mosammat Khairun Begum (40).She suddenly fell from the top of the four-storey building at Azimpur Orphanage Staff...

Local admin takes over Benazir's property in Bandarban

2024-07-05 00:00:00

BANDARBAN, July 04 (UNB): The local administration on Thursday took charge of 25 acres of property - valued at Tk 300 million (30 crore) - in Bandarban district, belonging to former Inspector General of Police (IGP) Benazir Ahmed.The operation, led...

President urges Myanmar to take back Rohingyas respectfully

2024-07-05 00:00:00

President Mohammed Shahabuddin on Thursday urged the Myanmar government to ensure safe and dignified repatriation of the forcibly displaced Rohingya people, sheltered in Bangladesh, to their homeland, reports BSS.The Head of the State came up with the call as new...

Five km tailback, as students block Dhaka-Ctg Highway

2024-07-05 00:00:00

CUMILLA, July 04 (UNB): A five-km long tailback has been created on Dhaka-Chittagong Highway as the students of Cumilla University put up barricades on the highway, demanding the cancellation of quota system in government jobs.Many vehicles were seen stranded until...

Dhaka University teachers continued their work abstention

2024-07-05 00:00:00

Dhaka University teachers continued their work abstention for the fourth day and staged a sit-in at the Faculty of Arts Building on Thursday to protest against the decision to bring them under the ‘Prottoy’ pension scheme. — FE Photo

Yunus gets bail till August 14

FE REPORT | 2024-07-05 00:00:00

The Labour Appellate Tribunal (LAT) in Dhaka has extended the term of bail, granted to four top officials of Grameen Telecom including its Chairman Nobel Laureate Prof Dr Muhammad Yunus, until August 14 - in a case filed on charge...

Govt to intensify grabbed forest land recovery drive

FE REPORT | 2024-07-05 00:00:00

The government is going to intensify its efforts to recover 187,000 acres of illegally occupied forest lands from the grabbers as the ministry concerned already showed some success in this regard.Until June, the Ministry of Environment, Forest and Climate Change...

BD youth injured in BSF shooting in Chuadanga

2024-07-05 00:00:00

CHUADANGA, July 04 (UNB): A Bangladeshi youth was injured in a shooting by Indian Border Security Force (BSF) along the Thakurpur border in Damurhuda upazila of the district in the early hours of Thursday.The injured is Azmul Hossain (29), son...

Govt using judiciary to suppress people's rights, says Manna

2024-07-05 00:00:00

Nagorik Oikya President Mahmudur Rahman Manna has accused the government of using the judiciary to curb the rights of the country's people, reports UNB."Is this a government? It can't lower the cost of commodities nor ensure our democratic rights. But...

Quader's meeting with teacher leaders suspended

2024-07-05 00:00:00

The meeting between Awami League General Secretary Obaidul Quader and teachers' leaders calling for the scrapping of the 'Prottoy' universal pension scheme has been suspended, reports bdnews24.com.Prof Nizamul Hoque Bhuiyan, the secretary general of the Federation of Bangladesh University Teachers'...

AL turns into 'barbaric' organisation, says Rizvi

2024-07-05 00:00:00

Stating that Awami League (AL) has become a 'barbaric' organisation, BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Thursday alleged that opposition leaders are being attacked by ruling party 'cadres' in different parts of the country at the behest...

BNP has infiltrated students’ teachers’ movements: Hasan

2024-07-05 00:00:00

Foreign Minister Hasan Mahmud has said Bangladesh Nationalist Party (BNP) has infiltrated student and teacher movements over quota system and pension, as the party 'lacks the capability to initiate independent actions.', reports UNB. "Those fuelling and trying to mislead people...

'AL, police attacks on BNP to stop misrule protest'

FE REPORT | 2024-07-05 00:00:00

Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir has accused the government of resorting to attacks on its leaders and activists across the country."The dummy government of Awami League (AL) has resorted to brutal attacks on BNP leaders...

BNP’s stance not of a pro-people political party: Quader

2024-07-05 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said BNP could not become a people-centric political party, reports BSS."BNP is always opposite to democratic norms. It is very difficult to solve the crisis prevailing in our democratic politics as BNP...

Asian stocks draw robust foreign inflows

2024-07-05 00:00:00

July 4 (Reuters): Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve would cut interest rates this year.Market optimism was further fuelled by...

European shares advance on rate optimism; UK elections in focus

2024-07-05 00:00:00

July 4 (Reuters): European shares rose on Thursday amid optimism around U.S. interest rate cuts following soft economic data, while London markets gained as voting began in the UK with opinion polls predicting a historic win for the Labour party.The...

Trump presidency would cause ‘spike in US bond yields’

2024-07-05 00:00:00

LONDON, July 4 (Reuters): A win for Donald Trump in the U.S. presidential election in November would herald a spike in long-term U.S. Treasury yields, said Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman on Thursday.Trump's approach on...