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Officials linked with BNP-Jamaat demand promotion

2024-08-09 00:00:00

After years of being denied promotions, Secretariat officials and employees affiliated with BNP and Jamaat-e-Islami have begun mobilising following the fall of the Awami League-led government. They demand immediate promotions, citing prolonged discrimination under the previous administration, reports UNB.On Wednesday,...

Contractual appointments of all officials made during the ousted AL govt to be cancelled

2024-08-09 00:00:00

All contractual appointments of officials made during the tenure of the recently ousted Awami League government are set to be cancelled. An official notification will be issued once the interim government is formed, according to top administrative sources. Additionally, there...

Interim govt must restore freedom of expression: AI

FE REPORT | 2024-08-09 00:00:00

The interim government of Bangladesh must restore freedom of expression and repeal the Cyber Security Act (CSA) 2023, said the Amnesty International (AI) in a news briefing on Thursday.The CSA is a continuation of successive repressive legislations in Bangladesh that...

Repair work begins on public and private buildings

2024-08-09 00:00:00

Repair work begins on public and private buildings damaged during the quota reform protests. A worker replaces burnt and vandalised glasses at Setu Bhaban in city on Thursday. — FE Photo by Asad-Uz-Zaman

NBR chair should be appointed from senior members

FE REPORT | 2024-08-09 00:00:00

The leaders of Bangladesh Civil Service (BCS) Taxation Association, the organization which looks after how to improve taxpayers' service in Bangladesh, on Thursday sought a new appointment of the chairman of National Board of Revenue from their senior members."Direct intervention...

US ready to work with interim govt

FE REPORT | 2024-08-09 00:00:00

The United States on Thursday said that they stand ready to work with the interim government which is expected to respect democratic principles and the will of the people of Bangladesh."We understand Nobel Laureate Muhammad Yunus has agreed to lead...

Narendra Modi congratulates Prof Yunus

2024-08-09 00:00:00

Indian Prime Minister Narendra Modi has conveyed best wishes to Professor Muhammad Yunus on the assumption of his new responsibilities as chief adviser of Bangladesh's interim government, reports UNB. "We hope for an early return to normalcy, ensuring the safety...

Police members joining respective stations

FE REPORT | 2024-08-09 00:00:00

Members of the Bangladesh Police have started returning to their respective workstations since Thursday morning, after work abstention of three consecutive days. They are coming to the workstations without wearing uniform. Police members left most of the police stations and...

Asaduzzaman joins as new Attorney General

FE REPORT | 2024-08-09 00:00:00

Senior Advocate Md Asaduzzman has been appointed as the new Attorney General of Bangladesh. President Mohammed Shahabuddin has appointed him under his jurisdiction given by Article 64(1) of the Constitution. Law Secretary Md Golam Sarwar issued a gazette notification to...

Yunus takes charge after dramatic power shift

FE REPORT | 2024-08-09 00:00:00

In a dramatic turn of events, Nobel laureate Prof Dr Muhammad Yunus, for whom global figures last year called on former Prime Minister Sheikh Hasina to stop "persecution", has now emerged as the head of the country within 72 hours...

BNP pins hopes on Dr Yunus

FE REPORT | 2024-08-09 00:00:00

The Bangladesh Nationalist Party (BNP) hopes Nobel laureate Prof Dr Muhammad Yunus will handle the current fluid situation prudently and restore democracy in the country as head of an interim government."The faster Dr Yunus brings back democracy in the country,...

BD's purchasing managers' index drops in July

2024-08-09 00:00:00

The July reading of the Bangladesh Purchasing Managers' Index (PMI) dropped a hefty 27 points from the previous month to record a sharp contraction at 36.9, said MCCI in its "Bangladesh Purchasing Managers' Index (PMI) Report" on Thursday, reports UNB.The...

Prayer Timings (2024-08-09)

2024-08-09 00:00:00

Tensions grip BB, banks, affecting operations

JUBAIR HASAN | 2024-08-09 00:00:00

Tension runs high in the banking industry amid unrest let loose by discontents after regime change following an unceremonious exit of the immediate-past Prime Minister, Sheikh Hasina.As a matter of fact, not only the banking operations but also the regulatory...

A fresh start under new-look govt

M AZIZUR RAHMAN | 2024-08-09 00:00:00

Bangladesh makes a fresh start under a new-look government mandated through a student-mass uprising as a 17-member council of advisers, headed by Nobel laureate Prof Muhammad Yunus, took office Thursday. And the takeover by the interim government, dominated by civil-society...

Youth power will change Bangladesh

2024-08-09 00:00:00

Bangladesh has been experiencing relatively steady economic growth, averaging 6.0 per cent annually over the past decades. This growth has been overly reliant on the country's demographic dividend, which is defined as the temporary boost to productivity and savings potential...

Drastic reform a must to put economy back on track

2024-08-09 00:00:00

As Bangladesh is going through a period of significant transition, it is imperative that the new interim government addresses the pressing macroeconomic challenges that currently destabilise the economy. The exit of the Awami League regime has left many economic parameters,...

Time to stop illegal leasing of footpaths

Shiabur Rahman | 2024-08-09 00:00:00

The amount of money extorted illegally from hawkers in capital Dhaka might surprise anyone. Media reports suggest a staggering amount of over Tk80 million is extorted every day making the annual total at Tk30 billion. The figure is equivalent to...

Let people's power sustain and triumph

Nilratan Halder | 2024-08-09 00:00:00

A paradigm shift in the non-political student movement for reform to quota system in government service in favour of an anti-discrimination revolution has made history. Few people believed that an innocent quota reform movement could transcend the boundary to gain...

The call of the hour

2024-08-09 00:00:00

At a highly critical time for the nation, citizens across the country are gripped by the threat of widespread chaos and disorder. Along with the jubilation following Sheikh Hasina's resignation---a momentous victory for the masses---reports of arson, looting, and attacks...

Re-building the state of Bangladesh

Hasnat Abdul Hye | 2024-08-09 00:00:00

‘Rebuilding’ may be the wrong word when it comes to the state of Bangladesh because it never got off beyond the drawing board after independence was won. The state, complete with organs and institutions, was delineated in the constitution meticulously,...

Palm oil snaps 3-day losing streak to settle higher

2024-08-09 00:00:00

KUALA LUMPUR, Aug 8 (Reuters): Malaysian palm oil futures edged higher on Thursday after a three-day losing streak, buoyed by stronger rival Dalian contracts, though weaker crude oil prices and a firmer ringgit currency capped the gains.The benchmark palm oil...

Gold rises more than 1pc on safe-haven demand

2024-08-09 00:00:00

Gold prices rose more than 1 per cent on Thursday, supported by firm safe-haven demand and growing expectations for a sizeable interest rate cut from the US Federal Reserve in September, reports Reuters.Spot gold rose 1.3 per cent to $2,413.19...

Oil prices steady after two days of gains

2024-08-09 00:00:00

LONDON, Aug 8 (Reuters): Oil prices held steady on Thursday after two sessions of gains, with growing supply risks in the Middle East offsetting demand concerns that had pushed prices to their lowest since early 2024 at the start of...

News in Brief -2024-08-09

2024-08-09 00:00:00

Majority of Americans believe upcoming election vital to future of democracyNEW YORK, Aug 08: Roughly 3 in 4 American adults believe the upcoming presidential election is vital to the future of U.S. democracy, although which candidate they think poses the...

Police hunt ex-Catalan separatist leader after return from exile

2024-08-09 00:00:00

BARCELONA, Aug 08 (BBC): Police in Barcelona are hunting for the separatist former leader of Catalonia, Carles Puigdemont, who made a dramatic return to Spain after a seven-year exile despite facing an outstanding arrest warrant.The Mossos d'Esquadra - Catalan police...

Climate change fuelling rise in hot nights

2024-08-09 00:00:00

PARIS, Aug 08 (AFP): Human-induced climate change is significantly increasing the number of hot nights for nearly one in three people around the world, a global analysis said Thursday.High nighttime temperatures can become dangerous if they prevent the human body...

Tense Israel waiting as attack threat looms

2024-08-09 00:00:00

TEL AVIV, Aug 08 (Reuters/AFP): Israel's ambulance service has stocked blood supplies in a fortified underground centre, factories have moved out hazardous materials and municipal authorities are checking bomb shelters and water supplies as the country waits for a threatened...

Ukrainian incursion continues into Kursk region: Russia

2024-08-09 00:00:00

KYIV, Aug 08 (AP): Russian troops are fighting Ukrainian forces in the third day of one of the largest cross-border incursions of the war, the Russian Defense Ministry said Thursday.A ministry statement said the Russian military and border guards have...

Walt Disney earnings beat market estimates; profit slips at parks

2024-08-08 12:00:00

LOS ANGELES, Aug 7 (Reuters): Walt Disney reported on Wednesday quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film "Inside Out 2", which helped overcome a profit decline at theme parks.Shares of the company...