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Volunteers to manage traffic

2024-08-15 00:00:00

Nabiha Tahsin, a 10th grader at Motijheel Ideal School & College, volunteers to manage traffic in Arambagh area on Wednesday. Many students who had been helping with traffic control since 6 August returned to school as classes resumed, leaving scouts...

'Sampriti Samabesh' vows to build a discrimination-free Bangladesh

2024-08-15 00:00:00

People from various religious groups, Anti-discrimination Student Movement coordinators, and political parties jointly held a "Sampriti Samabesh" in Dhaka's Shahbagh on Wednesday.The gathering, held in memory of martyr Fayyaz, began with the national anthem, followed by a minute of silence....

BR resumes all services today

FE REPORT | 2024-08-15 00:00:00

The Bangladesh Railway (BR) restarts train services of all types today (Thursday) through operating intercity trains.The operation of all commuter, mail and local trains has gone on well over the past three days.Official sources said all 325 trains but four...

Metro rail restart in doubt as workers strike over pay

MUNIMA SULTANA | 2024-08-15 00:00:00

The metro rail operation, announced to resume Saturday next week by the new interim government at its first advisory council meeting, is now unlikely to restart as striking employees continued their work stoppage until Wednesday, sources said."It is now certain...

Abdur Rahman made new NBR chairman

FE REPORT | 2024-08-15 00:00:00

Newly-appointed chairman of the National Board of Revenue (NBR) Md Abdur Rahman has pledged to ensure smooth access to taxpayers in a bid to increase country's tax-GDP ratio.Md Abdur Rahman Khan, who was Financial Institutions Division Secretary of the Ministry...

Expats keen to remit thru banking channel

ARAFAT ARA | 2024-08-15 00:00:00

Bangladeshi expatriates are now upbeat about sending remittance back home through the formal channel as they rest reassured that the country is on track after the formation of an interim government.Migrants abroad raised voices against the Sheikh Hasina government's oppression...

Summit LNG Terminal unlikely to resume operation this summer

M AZIZUR RAHMAN | 2024-08-15 00:00:00

Summit LNG Terminal is unlikely to resume operations this summer due to fresh damage to the seabed pipeline structure, sources said.A Singapore-based service provider, hired by Summit, identified damage to the disconnectable turret mooring (DTM) plug in the subsea landing...

Hasina statements from India not conducive to bilateral relations

FE REPORT | 2024-08-15 00:00:00

Dhaka Wednesday conveyed to Delhi that deposed prime minister Sheikh Hasina's statements emanating from India are not conducive to fostering better bilateral relations, and also raised some irritants in the ties. Foreign Adviser of the interim government in Bangladesh Towhid...

Prayer Timings (2024-08-15)

2024-08-15 00:00:00

Pupils under the banner 'Students against Discrimination' stage a sit-in at Shabagh

2024-08-15 00:00:00

Pupils under the banner 'Students against Discrimination' stage a sit-in at Shabagh before marching to Dhanmondi on Wednesday. The protest commemorates fellow students killed nationwide during the anti-quota movement. — FE Photo

Three beaten to death in two incidents in Dhaka

2024-08-15 00:00:00

Three people have been beaten to death in two separate incidents in Dhaka's Jatrabari and Wari, reports bdnews24.com.The dead have been identified as Saidul Islam Yasin, 19, Saeed Arafat Sharif, 20, and Alamin Bhuiyan, 42.They were pronounced dead after being...

New BB Governor vows to chase money launderers

FE REPORT | 2024-08-15 00:00:00

Newly appointed Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Wednesday said the central bank will give utmost priority to containing inflationary pressure and bringing stability in the forex market."The high rate of inflation and the crisis in the...

Finance adviser optimistic on taming inflation

FE REPORT | 2024-08-15 00:00:00

Finance and Planning Adviser Dr Salehuddin Ahmed on Wednesday expressed optimism about bringing down inflation "at a rational time", saying steps were being taken to curb the menace."Inflation has increased over the months due to various reasons. But it won't...

Bangladesh's banking sector risks elevate

FE REPORT | 2024-08-15 00:00:00

S&P Global Ratings on Wednesday said the political situation in Bangladesh has exacerbated the banking industry's frailties, including weak liquidity, thin capital buffers, and ailing asset quality."We see risk of policy inaction and a potential slowdown in financial reforms," said...

Salman, Anisul on 10-day remand over instigating hawker killing

FE REPORT | 2024-08-15 00:00:00

A Dhaka court on Wednesday placed Salman F Rahman, the private industry and investment affairs adviser to former prime minister Sheikh Hasina, and former law minister Anisul Huq on a 10-day remand, both of whom are accused in a murder...

Deposed PM Hasina sued in three more cases

FE REPORT | 2024-08-15 00:00:00

At least three more cases have been filed against deposed Prime Minister Sheikh Hasina on charges of crimes against humanity, genocide, murders and abductions during her rule. Her cabinet members and police high-ups are co-accused in the cases filed Wednesday...

Depoliticise chambers for fair deals, urge businesses

FE REPORT | 2024-08-15 00:00:00

A business meet Wednesday urged a purge in Bangladesh's trade-promotions organisations, including the apex chamber, to ensure fair trade and commerce in a political interference-free ambiance. Saying that the chambers and associations are now politicized, business leaders at the post-upsurge...

Two die as jeep plunges into Rangamati ditch

2024-08-15 00:00:00

RANGAMATI, Aug 14 (BSS): Two people were killed and six others injured as a jeep plunged into a ditch on the Bilaichari-Rajasthali border road in Pankata Chara area under Rajasthali upazila of the district on Tuesday night.The deceased were identified...

One gets life-term in C’nawabganj drugs case

2024-08-15 00:00:00

CHAPAINAWABGANJ, Aug 14 (BSS): A Chapainawabganj court on Tuesday afternoon sentenced one person to life-term imprisonment and fined him Tk 50,000 for two years more to suffer in jail in default.The convicted person was Belal Hossain, 35, son of late...

Organic fertilisers vital to boost crop yield, protect soil health

2024-08-15 00:00:00

RAJSHAHI, Aug 14 (BSS): Wide-ranging promotion of liming and organic manures can be the crucial means of boosting cropping yield coupled with protecting soil health from further degradation caused by indiscriminate chemical fertilisation in the region, including its vast Barind...

Service seekers suffer as most UZ chairmen in Syhet absconding

OUR CORRESPONDENT | 2024-08-15 00:00:00

SYLHET, Aug 14: A vacuum in local government service has been prevailing as most of the upazila (UZ) chairmen in Sylhet have remained in hiding since after the resignation of Sheikh Hasina as prime minister and her fleeing on August...

Ritwik Ghatak's ancestral house demolished

ANAET KARIM | 2024-08-15 00:00:00

RAJSHAHI, Aug 14: The last trace of internationally renowned filmmaker and director Ritwik Kumar Ghatak has been erased in Rajshahi as the authorities of a homeopathic college demolished the rest of his ancestral home at Miapara area in the city.Earlier...

Egypt plans to add 30GW of renewable energy capacity

2024-08-15 00:00:00

RIYADH, Aug 14 (Arab News): Egypt aims to save $4.1 billion annually in fuel costs by adding 30 gigawatts of new renewable energy capacity, as revealed in a recent government meeting.This initiative is part of the country's larger strategy to...

UBS to sell Credit Suisse's US mortgage servicing business

2024-08-15 00:00:00

ZURICH, Aug 14 (Reuters): UBS on Tuesday agreed to sell Credit Suisse's US mortgage servicing business, UBS Chief Financial Officer Todd Tuckner said on Wednesday, without naming the buyer.Tuckner, who was speaking on a call with analysts following publication of...

N Zealand cuts rates for first time in four years

2024-08-15 00:00:00

WELLINGTON, Aug 14 (AFP): New Zealand's central bank cut interest rates Wednesday for the first time in four years as worldwide efforts to rein in inflation draw to an end, though officials offered a warning about the global economic outlook.The...

Reliance, Disney offer concessions to win antitrust nod for India media merger

2024-08-15 00:00:00

NEW DELHI, Aug 14 (Reuters): Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources...

New Chairman of the Chittagong Port Authority

2024-08-15 00:00:00

New Chairman of the Chittagong Port Authority (CPA), Rear Admiral S.M. Moniruzzaman, met with the former officials of the port on Wednesday. The Retired Port Officers Welfare Association (RPOWA) greeted the new CPA chairman with a bouquet.

UK annual inflation rises first time this year

2024-08-15 00:00:00

LONDON, Aug 14 (AFP): Britain's annual inflation rate rose in July for the first time this year and is now back above the Bank of England's target, official data showed on Wednesday.The Consumer Prices Index (CPI) climbed 2.2 percent in...

Workers strike at world's biggest copper mine in Chile

2024-08-15 00:00:00

SANTIAGO, Aug 14 (BSS): Workers at the world's largest copper mine in Chile are striking after pay talks with Australian resources giant BHP fell apart, casting a shadow of uncertainty Wednesday over the market for the commodity.The Escondida mine in...

Bank accounts of ex-home minister Asaduzzaman Khan, family seized

2024-08-15 00:00:00

The Bangladesh Financial Intelligence Unit (BFIU) has ordered the seizure of the bank accounts of formar home minister Asaduzzaman Khan, his wife Lutful Tahmina Khan, and their son and daughter, reports bdnews24.com.The BFIU issued the order on Tuesday.According to the...