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Surge in fertiliser subsidies feared

REZAUL KARIM | 2025-01-09 00:00:00

Bangladesh Chemical Industries Corporation (BCIC) fears the government's fertiliser-import subsidy burden will get heavier as the state-run banks are compelled to clear bills at higher dollar rates, sources say.It has requested the industries ministry to take steps in this regard.The...

BD passport performs as 7th weakest for 2025

FE REPORT | 2025-01-09 00:00:00

Bangladeshi passport has been identified as the seventh weakest one for 2025, according to a latest global report.The South Asian nation shares 100th position with Libya and the Palestinian Territories, whose citizens can get visa-free access to 40 travel destinations...

Prayer Timings (2025-01-09)

2025-01-09 00:00:00

India extends Hasina's visa amid BD's extradition demand

2025-01-09 00:00:00

India has extended the visa of Sheikh Hasina, the deposed Prime Minister of Bangladesh, amid mounting calls from Dhaka for her extradition, reports UNB.Hasina, 77, has been residing in India since fleeing her country in August last year, following widespread...

Govt borrows Tk 690b from banks in H1 for deficit financing

SIDDIQUE ISLAM | 2025-01-09 00:00:00

Government borrowings from scheduled banks swelled over Tk 690 billion in the first half (H1) of this fiscal for deficit financing but its net debt dropped to over Tk 146 billion after repayment.The ministry of finance borrowed Tk 690.54 billion...

Khanpur ICD project denied govt consent

FE REPORT | 2025-01-09 00:00:00

A time-overrun inland container depot (ICD) project, located at Khanpur in Narayanganj, was Wednesday denied consent by the interim government for its alleged timely execution failure and faulty project proposal.Sources said Shipping Ministry sought the go-ahead for the revised ongoing...

Khaleda admitted to London Clinic

2025-01-09 00:00:00

BNP Chairperson Khaleda Zia was admitted to The London Clinic in the United Kingdom on Wednesday for advanced treatment.She was admitted around 5pm (Bangladesh time) after completing the necessary procedures, said a member of her personal medical team, Dr Al...

BERC panel to review proposal

FE REPORT | 2025-01-09 00:00:00

A seven-member technical committee will review proposed gas-tariff hike to the height of LNG-import cost for new industries and expansions of the existing ones.Bangladesh Energy Regulatory Commission (BERC) has constituted the panel for vetting the Petrobangla proposal that implies that...

Weather (2025-01-09)

2025-01-09 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Thursday), according to the Met Office. Moderate to dense fog may occur over the country during midnight to...

Islami Bank's ex-exec president Kamal dies

2025-01-09 00:00:00

Islami Bank's former executive president (managing director) M. Kamal Uddin Chowdhury passed away on Wednesday afternoon while undergoing treatment at a hospital in the capital. He was 82, said a press release.The eminent professional of the Shariah compliant bank left...

Professor Dr. Eaysmin Ara Lekha inaugurated its 14-day Admission Fair Spring 2025

2025-01-09 00:00:00

Uttara University Vice-Chancellor (VC) Professor Dr. Eaysmin Ara Lekha inaugurated its 14-day Admission Fair Spring 2025 at the permanent campus of the university in the capital on Wednesday. Professor Dr. Gour Gobinda Goswami, Pro-VC of the university, was present on...

DMP chief urges city dwellers to keep bags, phones safe

FE REPORT | 2025-01-09 00:00:00

Acknowledging the growing number of mugging incidents in the capital, Dhaka Metropolitan Police (DMP) Commissioner Sheikh Md Sajjad Ali urged the city dwellers to keep personal items including moneybags, mobile phones, etc., safe by themselves to assist police. He said...

Pakistan seeks BD support to join NDB

FE REPORT | 2025-01-09 00:00:00

Pakistan has sought Bangladesh's support to get membership in the New Development Bank (NDB), formerly BRICS Development Bank, a multilateral development bank.Pakistan's Minister for Economic Affairs Ahad Khan Cheema recently wrote to Finance Adviser Dr Salehuddin Ahmed, seeking the support,...

Court orders seizure of tax docs of Benazir's wife, daughter, DB Harun

FE REPORT | 2025-01-09 00:00:00

A Dhaka court on Wednesday ordered the Anti-Corruption Commission (ACC) to seize the income tax documents of Harun Or Rashid, former head of the Detective Branch (DB) of Dhaka Metropolitan Police, and his brother ABM Shahriar in two corruption cases....

Former ED Ahsan Ullah joins BB as advisor to governor

2025-01-09 00:00:00

Ahsan Ullah, former executive director of the Bangladesh Bank (BB), has joined as an advisor to the BB governor, reports UNB.He will assist BB Governor Dr. Ahsan H. Mansur with the central reform activities. Ahsan Ullah joined the advisory post...

A woman in the capital’s Malibag area using induction cooker

2025-01-09 00:00:00

A woman in the capital’s Malibag area using induction cooker to cook her foods amid the ongoing piped gas supply shortage on Wednesday, which is causing serious inconvenience to the city dwellers during the winter season.  — FE Photo by...

Tk 218 billion human resources lost, as 7,294 killed: RSF

FE REPORT | 2025-01-09 00:00:00

Human resources worth Tk 218 billion were lost, as 7,294 people were killed in road accidents in the country in 2024, according to a report of the Road Safety Foundation (RSF), disseminated on Wednesday.Last year, a total of 6,927 road...

Police hold Jubo, Swechchhasebak league leaders

2025-01-09 00:00:00

CHATTOGRAM, Jan 08 (BSS): Police has arrested two leaders of Jubo League (JL) and Swechachhasebak league leaders from Boalkhali area in Chattogram on Tuesday, reports BSS Officer-in-Charge (OC) of Boalkhali Police Station Golam Sarwar told BSS a police team went...

HC grants anticipatory bail to 23 accused

2025-01-09 00:00:00

The High Court (HC) on Wednesday granted anticipatory bail to Maulana Saad's followers Syed Wasiful Islam and 22 others in a case over the recent clashes at Tongi Ijtema ground resulting to deaths of few pilgrims, reports BSS.The HC bench...

Gayeshwar, Rizvi discharged from subversion case

2025-01-09 00:00:00

A Dhaka court on Wednesday exempted 173 leaders and activists of BNP including its Standing Committee Member Gayeshwar Chandra Roy and Senior Joint Secretary General Adv Ruhul Kabir Rizvi from the charges of subversion in a case filed with the...

ACC files cases against ex-lawmaker Sadek Khan, his wife

2025-01-09 00:00:00

The Anti-Corruption Commission (ACC) has filed three separate cases against former lawmaker of Dhaka-13 constituency Md. Sadeq Khan, his wife Ferdousi Khan, and his son Fahim Sadeq Khan on charges of amassing wealth beyond known sources of income, reports BSS....

Case filed against Hasina, 343 other members of 12th JS

2025-01-09 00:00:00

An attempt to murder case has been filed against 344 members of the 12th Jatiya Sangsad (JS), including ousted prime minister Sheikh Hasina, reports BSS.A garment worker named Md Aladul Islam alias Alauddin, 28, who got shot on August 5...

Qamrul, Palak, Mamun shown arrested in fresh cases

2025-01-09 00:00:00

A Dhaka court on Wednesday showed arrested former food minister Advocate Qamrul Islam, former state minister for ICT Zunaid Ahmed Palak and former inspector general of police (IGP) Chowdhury Abdullah Al-Mamun in fresh cases, reports BSS.Of the three, Qamrul was...

BFIU summons bank transaction details of Sheikh Hasina, Sheikh Rehana, their children

2025-01-09 00:00:00

The bank account details of former Prime Minister Sheikh Hasina and all her closest family members, including her sister Sheikh Rehana, have been summoned, reports UNB.The Bangladesh Financial Intelligence Unit (BFIU) of the Bangladesh Bank has sent instructions to banks...

Hasina's visa extension not taken positively by people: Rizvi

2025-01-09 00:00:00

Senior Joint Secretary General of Bangladesh Nationalist Party (BNP) Ruhul Kabir Rizvi on Wednesday said the people of Bangladesh have not taken positively extension of ousted prime minster Sheikh Hasina's visa by India, reports BSS. "Being a democratic country, India...

Excelerate completes 3,000th LNG STS transfer operation

2025-01-09 00:00:00

Excelerate Energy successfully completed its 3,000th LNG ship-to-ship (STS) transfer operation on December 28, a significant achievement since the company began its STS operations in 2007. The milestone was achieved onboard Excelerate's floating storage and regasification unit (FSRU), Excellence, at...

Dhaka Bank signs MoU with ICMAB

2025-01-09 00:00:00

Dhaka Bank PLC has signed an MoU with ICMAB to enhance the financial experience for their members. The MoU was signed at the bank's corporate office in Dhaka recently. Under this agreement, Dhaka Bank PLC will develop a co-branded credit...

Shwapno targets $750m annual turnover

FE REPORT | 2025-01-09 00:00:00

Shwapno, Bangladesh's leading supermarket chain, has set an ambitious annual turnover target of $750 million while achieving a remarkable operating profit growth of 148 per cent in FY24, its Managing Director Sabbir Hasan Nasir said recently during an exclusive interview...

Chief Adviser Dr Muhammad Yunus presides over a meeting of ECNEC

2025-01-09 00:00:00

Chief Adviser Dr Muhammad Yunus presides over a meeting of the Executive Committee of the National Economic Council (ECNEC) at NEC Conference Room in the city on Wednesday. -PID

Spanish PM says Musk 'stirs up hatred'

2025-01-09 00:00:00

MADRID, Jan 08 (AFP): Spanish Prime Minister Pedro Sanchez said Wednesday that X owner and Donald Trump ally Elon Musk "openly attacks our institutions" and "stirs up hatred".Musk, who is set for a role in US President-elect Trump's administration, has...