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Editors' Council sits with Student Movement leaders

FE REPORT | 2024-09-01 00:00:00

A view exchange meeting between the Editors' Council and the Anti-Discrimination Student Movement leaders was held at The Daily Star Centre on Thursday.Representatives from the Liaison Committee and Coordination Committee of the Anti-Discrimination Student Movement participated in the meeting.During the...

BD to extend int'l offshore bidding time by 3 months

2024-09-01 00:00:00

Petrobangla is going to extend the submission date of the international offshore block bidding round by three months to get a better response, reports UNB."We have moved to extend the bid submission time by three more months", Petrobangla Chairman Zanendra...

BB forms body to probe BIBM corruption

2024-09-01 00:00:00

Bangladesh Bank has formed an investigation committee to examine allegations of nepotism, arbitrariness, and corruption at the Bangladesh Institute of Bank Management (BIBM). The committee will focus on the activities of certain faculty members, officers, and employees of the institute...

Domestic borrowing short of FY24 target

FE REPORT | 2024-09-01 00:00:00

The government's domestic borrowing fell significantly short of its annual target last fiscal year primarily due to the central bank's efforts to curb inflationary effects on the economy.The Bangladesh Bank is implementing a tighter monetary policy, leading to a reduction...

Briefing 2024-09-01

2024-09-01 00:00:00

DSE nominates seven independent directors to revitalise board The Dhaka Stock Exchange (DSE) has submitted a list of seven nominees for appointment as independent directors to its board, aiming to make it functional, as suggested by the securities regulator after...

Israeli strikes kill at least 48 in Gaza

2024-09-01 00:00:00

CAIRO/GAZA, Aug 31 (Reuters): Israeli strikes on Saturday killed at least 48 people in the Gaza Strip, Palestinian health authorities said, as clashes took place in central and southern areas of the enclave ahead of the planned start of a...

Bangladeshis in doldrums about jobs in Europe

ARAFAT ARA | 2024-09-01 00:00:00

About 10,000 Bangladeshis are facing uncertainty about their jobs in Europe due to the suspension of Indian visas, as they have to obtain their visas from India for their western destinations.Croatia, Bulgaria, Poland, Lithuania, Czech Republic, Romania and Portugal do...

Push for rewriting Constitution

FE REPORT | 2024-09-01 00:00:00

Speakers at a discussion suggested on Saturday that the Constitution be rewritten to establish good governance, rules of law and real democracy in the country.They also advocated for independence of the judiciary, prevention of constitutional dictatorship and freedom of speech.They...

Flood costs Tk 33.5b in crop losses in south-east

FE REPORT | 2024-09-01 00:00:00

The deluge in south-east and other parts has devastated the key staple rice and other crops in 23 districts, damaging 1.0-million tonnes of produce worth Tk 34 billion so far.Agriculture ministry in its primary projection, released on Friday night, said...

Fuel prices see small cuts

FE REPORT | 2024-09-01 00:00:00

Retail prices of diesel and kerosene see a small cut by Tk 1.25 and petrol and octane by Tk 6.0 per litre with effect from September 1, in the interim government's first step on energy pricing. The Energy and Mineral...

S Alam Group laundered Tk 1.13tn: CID

2024-09-01 00:00:00

The Criminal Investig-ation Department (CID) says it has preliminary evidence that scam-tainted S Alam Group smuggled about Tk 1.13 trillion worth of dirty money out of Bangladesh, reports bdnews24.com.In a press release on Saturday, CID announced that its financial crime...

Sundarbans set to reopen today after 3 months

2024-09-01 00:00:00

KHULNA, Aug 31 (UNB): The Sundarbans, the largest mangrove forest in Bangladesh, is set to reopen for tourists, fishers, wood cutters and honey collectors on today (Sunday) after three months of closure.The three-month ban on fishing and tourism in the...

Temperature may rise today......

2024-09-01 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Sunday), according to the Met Office.It...

Australia, Canada give Tk 100m to BRAC for flood response

2024-09-01 00:00:00

Australia and Canada, under the Strategic Partnership Arrangement (SPA) with BRAC, have contributed Tk 100 million (10 crore) towards flood response and rehabilitation efforts in Bangladesh, reports UNB.Australia has contributed Tk 70 million, while Canada has contributed approximately Tk 31.0...

Muggers kill auto-rickshaw driver in capital

2024-09-01 00:00:00

A 40-year-old auto-rickshaw driver was stabbed to death allegedly by muggers at Basabo in the capital early Saturday, reports UNB.The deceased was identified as Yusuf Sadhu, son of Chan Mia of Araihazar upazila of Narayanganj district.Quoting Shakil Mia, nephew of...

DUJ calls on govt to drop cases against journos

2024-09-01 00:00:00

Dhaka Union of Journalists (DUJ) has urged the interim government to dismiss murder charges brought against professional journalists following recent political changes in the country, reports UNB.The DUJ expressed concern journalists across Bangladesh, including in Dhaka, are being implicated in...

Relief materials being unloaded from a helicopter of Bangladesh Air Force as part

2024-09-01 00:00:00

Relief materials being unloaded from a helicopter of Bangladesh Air Force as part of its relief operation in Feni's Durgapur and adjacent areas on Saturday. — ISPR

CNN report on BD flood misleading, says India

2024-09-01 00:00:00

India has said they have seen the CNN report on the flood situation in Bangladesh, and its narrative is "misleading" and suggests that India is somehow responsible for the floods, reports UNB."It is factually not correct and ignores the facts...

UN receives instrument of accession

2024-09-01 00:00:00

The Instrument of Accession to the International Convention for Protection of All Persons from Enforced Disappearance (ICPPED) has been officially deposited to the Secretary General of the United Nations, who is the depository of all multilateral treaties.Ambassador Muhammad A Muhith,...

Two students piling up sacks of puffed rice at TSC on Dhaka University campus on Saturday.

2024-09-01 00:00:00

Two students piling up sacks of puffed rice at TSC on Dhaka University campus on Saturday. These were procured from people for helping the country's flood victims. — FE Photo

Other cadres demand end to admin cadre’s dominance

2024-09-01 00:00:00

FE REPORTOfficials of various cadres of the Bangladesh Civil Service (BCS) have raised concerns over dominance of the administration cadre in the BCS system and demanded an end to discrimination in merit-based promotions, particularly at the deputy secretary (DS) level.They...

Rezaul Karim new chairman of BPDB

2024-09-01 00:00:00

Engr Md Rezaul Karim has been appointed as the chairman of Bangladesh Power Development Board (BPDB), says a press release.He will take charge as 39th chairman of BPDB today (Sunday). Prior to joining, he was a member (distribution) of BPDB....

Agrani Bank inaugurates Banking Foundation Training Course

2024-09-01 00:00:00

Agrani Bank inaugurates Banking Foundation Training CourseThe 30-day Banking Foundation Training Course for the 86th and 87th batches, organised by Agrani Bank Training Institute (ABTI) has started. Chief Executive Officer of Agrani Bank PLC Md Murshedul Kabir inaugurated the training...

Indian banks' body to seek easing of proposed norms for retail deposits

2024-09-01 00:00:00

MUMBAI, Aug 31 (Reuters): The Indian Banks' Association is likely to ask the central bank to reduce the amount of additional funds lenders will need to set aside against some retail deposits and also seek a delayed and gradual implementation...

US stock rally broadens as investors await Fed

2024-09-01 00:00:00

NEW YORK, Aug 31 (Reuters): A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve's expected rate cuts in September.As the...

Nurul Amin new chairman of Global Islami Bank

2024-09-01 00:00:00

Mohammed Nurul Amin, former managing director of Meghna Bank PLC and NCC Bank PLC, has been appointed as the Independent Director and Chairman of the Board of Directors of Global Islami Bank PLC, following his selection by Bangladesh Bank, says...

Modhumoti Bank Risk Management Committee meeting...

2024-09-01 00:00:00

Modhumoti Bank Risk Management Committee meetingThe 39th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Thursday. The meeting was presided over by Mostafa Kamal, Chairman of the Board's Risk Management...

Intel rises as report of chipmaker exploring options cheers glum investors

2024-09-01 00:00:00

Intel's shares rose more than 3 per cent in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst...

Merchant bankers seek extension of loan repayment period to 2032

FE REPORT | 2024-09-01 00:00:00

The Bangladesh Merchant Bankers Association (BMBA) has formally requested the government to extend the repayment period for loans taken under the capital market refinancing scheme by an additional five years.In a letter to the Financial Institutions Division of the Ministry...

DSE nominates seven independent directors to revitalise board

MOHAMMAD MUFAZZAL | 2024-09-01 00:00:00

The Dhaka Stock Exchange (DSE) has submitted a list of seven nominees for appointment as independent directors to its board, aiming to make it functional, as suggested by the securities regulator after six independent directors resigned in the wake of...