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BNP leader Salahuddin returns home after nine years

FE REPORT | 2024-08-12 00:00:00

Bangladesh Nationalist Party (BNP) standing committee member Salahuddin Ahmed returned home on Sunday (Bangladesh) after spending over nine years in India.Member of BNP media cell Sairul Kabir Khan told the FE that Mr Salahuddin Ahmed arrived at Hazrat Shahjalal International...

AL hatching plot to destabilise BD

FE REPORT | 2024-08-12 00:00:00

Bangladesh Nationalist Party (BNP) senior joint secretary general Ruhul Kabir Rizvi has said a vested quarter is hatching conspiracy to destabilise the country. He came up with the observation while talking to the media after visiting the persons, wounded during...

Some US lawmakers urge sanctions on Quader, Kamal

2024-08-12 00:00:00

WASHINGTON, Aug 11 (Reuters): Some lawmakers in the US Congress have urged sanctions on Bangladeshi officials under Sheikh Hasina who recently quit as prime minister and fled, while the US government has formally welcomed the appointment of a new caretaker...

M Sakhawat Hussain visits injured police personnel at Central Police Hospital

2024-08-12 00:00:00

Home Affairs Adviser Brigadier General (Retd) M Sakhawat Hussain visits injured police personnel at Central Police Hospital in Dhaka's Rajarbagh on Sunday. — Focus Bangla

Hasina instructs AL members to observe Aug 15 as National Mourning Day

2024-08-12 00:00:00

Awami League President Sheikh Hasina,who is now in India after being ousted as Bangladesh's prime minister last week, has reportedly started making contacts with her party leaders at various levels, reports UNB.She has given instructions to the party's members to...

Activity resumes at Ashuganj BOC Ghat

2024-08-12 00:00:00

Activity resumes at Ashuganj BOC Ghat, a major paddy wholesale hub, on Sunday. Prices have risen due to low supply and cash shortages at banks. — Photo Focus Bangla

Dhaka Elevated Expressway resumes operation

2024-08-12 00:00:00

Dhaka Elevated Express-way started its operation again from 3pm on Sunday, reports BSS.But the entry ramps at Banani and Mohakhali and an exit ramp at FDC (Karwan Bazar) will remain closed."Formal operation of the expressway has been resumed by starting...

Two killed in lynch-mob attack in Dinajpur

2024-08-12 00:00:00

DINAJPUR, Aug 11 (UNB): Two people were killed in a mob beating after they allegedly stabbed an auto-rickshaw driver and attempted to steal his vehicle in Naushondighi area of Auliapur Union under Sadar Upazila on Saturday night.The deceased were identified...

BTMA president resigns

FE REPORT | 2024-08-12 00:00:00

Mohammad Ali Khokon has resigned from the post of president of the Bangladesh Textile Mills Association (BTMA) on personal grounds.Amber Group chairman Shawkat Aziz Russell, also former vice-president of the BTMA, has replaced Khokon.The BTMA board of directors accepted Khokon's...

Rail services resume today with container trains

FE REPORT | 2024-08-12 00:00:00

The Bangladesh Railway (BR) has planned to resume all train services gradually, starting with the container services today (Monday).BR Director General Sardar Shahadat Ali said commuter and mail train operations will resume tomorrow (Tuesday) and the intercity rail services from...

Police asked to join duty by Thursday

2024-08-12 00:00:00

Home Affairs Adviser Brigadier General (Retired) M Sakhawat Hussain today said members of the police force, who have not yet joined duty, will have to join by Thursday, reports BSS."Thursday is last time, if no one joins by Thursday, it...

Dhaka Metro rail to resume services on Saturday

2024-08-12 00:00:00

The Dhaka Metro Rail is scheduled to open to the public on Saturday said the Dhaka Mass Transit Company Limited (DMTCL). A trial run will be conducted two days prior to the official opening, reports bdnews24.com. The service had been...

Classrooms stay empty despite reopening order

MUNIMA SULTANA | 2024-08-12 00:00:00

Five days after the authorities announced resuming classes, educational institutions still remain shuttered -- caught in a limbo between official orders and on-the-ground realities. While students have won hearts as impromptu traffic cops and community guardians, educators and parents worry...

Hasina alleges US role in her ouster

FE REPORT | 2024-08-12 00:00:00

Former Bangladesh Prime Minister Sheikh Hasina has spoken out for the first time since her dramatic resignation and departure to India a week ago, hinting at the United States' role in her unceremonious exit, reports the Hindustan Times and the...

People think country's interests not protected in dealing with India

FE REPORT | 2024-08-12 00:00:00

People have a perception that Bangladesh's interests were not protected in dealing with India during the previous government, Foreign Affairs Adviser Towhid Hossain said Sunday.He made the remark in response to a question during a media briefing in the foreign...

Seven-member probe body formed

FE REPORT | 2024-08-12 00:00:00

The government on Sunday formed a seven-member committee to investigate the reasons behind the nationwide shutdown of mobile and broadband internet connections during the job-quota-reform movement.Additional Secretary (Telecom) of the Department of Posts and Telecommunications AKM Amirul Islam will lead...

DG Nurun Nahar to perform BB governor's duty

FE REPORT | 2024-08-12 00:00:00

The government on Sunday asked Bangladesh Bank (BB) Deputy Governor Nurun Nahar to carry out governor's routine duty alongside performing her own work.The Financial Institutions Division (FID) under the Ministry of Finance issued an order in this regard after accepting...

Briefing 2024-08-12

2024-08-12 00:00:00

Prayer Timings (2024-08-12)

2024-08-12 00:00:00

Businesses reach out to army

FE REPORT | 2024-08-12 00:00:00

Different trade bodies on Sunday called for strengthening security for factories in the industrial belts and goods-carrying vehicles on the roads and highways.Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Federation of Bangladesh Chambers and Commerce and Industry...

BB raises cash withdrawal limit to Tk 200K

2024-08-12 00:00:00

A bank account holder can withdraw cash up to 200 thousand (two lakh) taka a day for this week given the current security situation, according to a Bangladesh Bank circular.The central bank issued the instruction to the MDs of all...

Daylight Islami Bank shootout leaves five injured

FE REPORT | 2024-08-12 00:00:00

A daylight shootout Sunday at Islami Bank allegedly over ownership feuds left several people injured, prompting the finance adviser of the just-installed interim government to warn stern legal action against those responsible."None will be spared. Legal action will be taken...

Chief Justice, two more advisers take oath

FE REPORT | 2024-08-12 00:00:00

Newly appointed Chief Justice Syed Refaat Ahmed and two more Advisers of the interim government took oath at the Darbar Hall of Bangabhaban on Sunday. The Advisers are Supradeep Chakma and Dr Bidhan Ranjan Roy Poddar. President Mohammed Shahabuddin administered...

Nagad digital bank faces nemesis

JASIM UDDIN HAROON AND JUBAIR HASAN | 2024-08-12 00:00:00

Much-hyped Nagad Digital Bank is on the brink following paradigm shift as the regulator is considering cancelling its licence allegedly for intervention of two influential persons of the immediate-past government. It became Bangladesh's first digital bank in the process of...

US investors snap up money market funds on fears of a slowdown

2024-08-12 00:00:00

US investors shifted heavily into money market funds in the week ending Aug. 7, retreating from riskier assets during a stock market sell-off fueled by fears over an economic slowdown, reports Reuters.According to LSEG data, investors poured a massive $47.48...

Markets may be waving, not drowning

2024-08-12 00:00:00

LONDON, Aug 11 (Reuters): What looks like a financial market in disarray may instead just be normalization that will ultimately help insulate investment portfolios rather than sending them to the ground.There's little doubt that a bubble has been burst in...

China Evergrande's liquidators ask investors to join restructuring process

2024-08-12 00:00:00

China Evergrande's liquidators have invited investors interested in restructuring the heavily indebted property developer or any of its parts, it said in a filing on Friday, reports Reuters.The move comes as the liquidators do not currently see a path to...

Risk-averse investors shun Kenyan local debt, deepening fiscal woes

2024-08-12 00:00:00

NAIROBI, Aug 11 (Reuters): Nervous investors are avoiding long-dated Kenyan Treasury bills and bonds, central bank data showed, putting more strain on the government's plans to pivot to domestic borrowing after scrapping controversial tax hikes.The latest debt sale, on August...

KSA unveils updated investment law to facilitate foreign investors

2024-08-12 00:00:00

RIYADH, Aug 11 (Arab News): The Kingdom of Saudi Arabia (KSA) has announced a significant overhaul of its investment law as part of its Vision 2030 reform strategy, aiming to strengthen its appeal to international investors. The revised legislation integrates...

NY eco activists turn up heat on Citi over polluting investments

2024-08-12 00:00:00

NEW YORK, Aug 11 (AFP): Environmental campaigners in New York (NY) have kept up a campaign of direct action against one of the city's foremost banking empires, Citi, accusing the group of fueling the climate crisis.Enraged by Citi's bankrolling of...