Interim government's Adviser for Power and Energy Dr Muhammad Fouzul Kabir Khan has said that a committee will be formed consisting of judges to review the deals in the power and energy sector signed during the previous Awami League government,...
The International Labour Organization (ILO) finds upward pressure on inequality as the labour income share stagnates and a large share of youth remains out of employment, education or training, according to a report released on Wednesday.In its newly-released World Employment...
FE REPORT | 2024-09-05 00:00:00
The Anti-Corruption Commission (ACC) launched probe into former chief of army staff, and retired General, Aziz Ahmed and former Member of Parliament from Feni, Nizam Uddin Hazari, on the allegations of amassing huge wealth and misusing their power.The ACC has...
Lutfe Siddiqui has been appointed special envoy on international affairs to Chief Adviser Professor Muhammad Yunus.The Cabinet Division Wednesday issued a notification to this end, reports BSS.While holding the post of "Chief Advisers' Envoy on International Affairs", Siddiqui will enjoy...
Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman Wednesday said with the support of the people, BNP wants to see that the country will be run through "national government" system while bicameral parliament system will be incorporated in the constitution...
FE REPORT | 2024-09-05 00:00:00
The International Business Forum of Bangladesh (IBFB) has exhorted the interim government to conduct independent audits of all projects and contracts in the power and energy sector to address irregularities.At a seminar styled 'Challenges in Reforms in Energy and Power...
FE REPORT | 2024-09-05 00:00:00
The Bangladesh Bank (BB) has dissolved the board of IFIC Bank, led by controversial industrialist Salman F Rahman, and reconstituted a six-member board to run it.It restructured the board on Wednesday with a view to protecting the interests of the...
FE REPORT | 2024-09-05 00:00:00
BGMEA said all garment factories across the country would remain open today (Thursday) as law-enforcing agencies would provide the required security in different industrial zones amid the joint forces' drive beginning from Wednesday night.A total of 167 readymade garment factories...
SIDDIQUE ISLAM | 2024-09-05 00:00:00
A self-imposed patriarch in banking made normal operations of the private-sector banks in Bangladesh difficult during ousted prime minister Sheikh Hasina's rule through excesses like forced donation and money-market distortions, bankers say.Bankers say Nazrul Islam Mazumder's reign was marked by...
Today marks one month since the fall of the Sheikh Hasina regime, and the Anti-discrimination Student Movement has announced a nationwide event titled "Shaheedi March" to honour the martyrs of the uprising, reports UNB.The central march will begin at 3...
FHM HUMAYAN KABIR | 2024-09-05 00:00:00
Bangabandhu Satellite-01 is a white elephant of the country as it is one of the economically unfeasible schemes executed by the Sheikh Hasina government, according to insiders.Most of the bands of the satellite remained unutilised and revenue earnings were so...
FE REPORT | 2024-09-05 00:00:00
No more central-bank liquidity support to weak banks by printing money rather temporary assistance will be facilitated through the interbank money market, with the regulator acting as guarantor.Bangladesh Bank's new Governor, Dr Ahsan H. Mansur, reaffirmed the stance while spelling...
FE REPORT | 2024-09-05 00:00:00
Government secretaries ought to reform their traditional mindset and work with ingenuity in running the administration, says Chief Adviser Muhammad Yunus while arming a new-look bureaucracy with directions to 'rebuild' Bangladesh. "Consultation must be held and opinions should be taken...
LONDON, Sept 4 (Reuters): London cocoa futures slid to a six-and-a-half-month trough below 5,000 pounds a tonne on Wednesday amid forecasts for above average rainfall in West Africa, while robusta coffee rallied.December London cocoa fell 3.4 per cent to 4,998...
Cathay Pacific Airways said it would return all Airbus A350s to operation by Saturday following engine fuel lines repairs, while other airlines were waiting for guidance from manufacturer Rolls-Royce on whether they needed to inspect their engines, reports Reuters.Several Asian...
LONDON, Sept 4 (Reuters): The London Metal Exchange (LME) unveiled a set of proposed measures on Wednesday designed to boost liquidity in electronic trading while also seeking to protect its complex structure used for deals in physical metal.The exchange released...
MUMBAI, Sept 4 (Reuters): A push by India to make more corn-based ethanol has turned Asia's top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains.The jump in...
Gold prices extended declines to a two-week low on Wednesday as a sharp sell-off in equities forced a rush to cover margin calls, adding pressure on bullion ahead of keenly awaited non-farm payrolls data due later this week, reports Reuters.Spot...
LONDON, Sept 4 (Reuters): Oil prices fell slightly on Wednesday, hovering at their lowest levels since December after plunging more than 4 per cent the previous day on signs of a weak global economy, lacklustre oil demand, and expectations of...
Association of Bangladesh China Alumni (ABCA) in association with Chinese Embassy has distributed cooked food and monthly food packs among the 12,500 flood-affected people in Feni, says a press release.Flood victims of Sonagazi, Fulgazi, Parshuram, Daganbhuiyan, Chhagalnaiya and Feni Sadar...
Nearly 1,100 km of paved roads have been damaged in the intense recent flooding in Cumilla, according to the Local Government Engineering Department and the Highways Department. Rural highways and roads have also seen severe damage, reports bdnews24.com.Fourteen of the...
GAZIPUR, Sept 4 (UNB): Protests by retrenched garment workers and job seekers disrupted vehicular movement on the Dhaka-Mymensingh highway in Gazipur for an hour on Wednesday.They staged demonstration at the Vogra Bypass area of Gazipur Metropolitan and the Bagher Bazar...
BARISHAL, Sep 04 (UNB): At least 150 people were injured in a series of clashes between students of Barisal University (BU) and Government Brojomohun (BM) College over a trivial matter from 12:00 am to 05:00 am Wednesday.Several buses of the...
OUR CORRESPONDENT | 2024-09-05 00:00:00
SYLHET, Sept 04: The latest floods and rolling water from upstream Indian states of Assam and Tripura have caused large-scale damage to standing crops in Sylhet region in addition to road links and flood-control structures.The third phase of severe floods...
I would like to extend my heartfelt congratulations to the Bangladesh cricket team for their historic achievement in the Test series against Pakistan. The recent six-wicket victory in the second Test, coupled with their dominant performance over the series, marks...
Bangladesh is entering a new era following the ousting of its previous authoritarian regime. Dr. Muhammad Yunus, the Nobel laureate, now leading the interim government, faces the urgent task of implementing necessary reforms before the general election. The foremost challenge...
MIR MOSTAFIZUR RAHAMAN | 2024-09-05 00:00:00
Is the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) destined to die before making any notable progress in meeting its avowed objectives? The way things have been going on one has reasons to foresee such a...
Atiqul Kabir Tuhin | 2024-09-05 00:00:00
While much has been written about the students' Anti-Discrimination Movement triggering the downfall of the Sheikh Hasina government, less credit has been given to the expatriate workers overseas who helped upend the tyrannical rule and is now poised to play...
At a time the country has been striving hard to navigate the political and administrative vacuum and maze arising out of the seismic change in those vital areas, stability in the industrial sector was a sine qua non. Unfortunately, the...
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