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Correction (2024-12-20)

2024-12-20 00:00:00

A factual mistake took place in the infograph that accompanied the lead story titled 'IMF paints gloomy BD economic picture, advises urgent cures' carried on page 1 in Thursday's issue of The Financial Express. In the infograph, the correct highlight...

Hasina ordered internet closure, says Palak

2024-12-20 00:00:00

Internet services across the country were shut down during the quota reform movement as per the order of Sheikh Hasina, said former State Minister for ICT Zunaid Ahmed Palak, report agencies.Palak revealed this information during an interrogation at the safe...

BB hits NIR target before deadline

JUBAIR HASAN | 2024-12-20 00:00:00

The Bangladesh Bank (BB) has finally reached the net international reserve (NIR) target, a condition set by the International Monetary Fund (IMF) as part of its $4.7 billion loan package for stabilising the country's macroeconomic situation.The central bank achieved the...

Low growth, high inflation add to pressures on economy: Fund alerts

FE REPORT | 2024-12-20 00:00:00

High inflation hitting people's living remains a serious concern to the International Monetary Fund as the financier offers another loan tranche of $645 million to Bangladesh that is expected to be available in February. An IMF mission concludes that low...

Focus on attitudes, ethics in skilling young workforce, says Prof Yunus at D8 Summit

2024-12-20 00:00:00

Focus on attitudes, ethics in skilling young workforce, says Prof Yunus at D8 SummitCAIRO, Dec 19: Chief Adviser Prof Muhammad Yunus on Thursday said they needed to think deeper as to how to skill millions of young adults in a...

Abortive daylight bank robbery ends with gunmen's surrender

FE REPORT | 2024-12-20 00:00:00

A filmy-style daylight abortive bank robbery near the capital Thursday ended with the surrender of the three gunmen who held the bankers hostage for ransom. Police and witnesses said a three-hour drama and suspense were over as the young bandits...

$500m WB budget support likely next week

FHM HUMAYAN KABIR | 2024-12-20 00:00:00

Bangladesh's foreign-exchange reserves are going to get a big boost as the World Bank (WB) is likely to confirm $500 million of budget support next week, officials said on Thursday."The government is likely to sign a loan deal with the...

Salman under probe and S Alam cohorts sued over total Tk 29.99b loan scams

FE REPORT | 2024-12-20 00:00:00

Former PM adviser Salman F Rahman comes under probe while S Alam Group cohorts are sued for pecuniary offences involving an aggregate amount of Tk 29.99-billion bank money. Also, the Anti-Corruption Commission (ACC) has decided to probe allegations of irregularities...

Law-enforcers seized a number of battery-driven rickshaws

2024-12-20 00:00:00

Law-enforcers seized a number of battery-driven rickshaws for plying illegally the main road at Rajarbag in the capital on Thursday. — FE Photo by Khondokar Asad-Uz-Zaman

Weather (2024-12-20)

2024-12-20 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country until 6:00 pm today (Thursday), according to the Met Office.Light to moderate fog may occur at places over the country during midnight till morning.Night temperature may remain...

PID to review decision of revoking press cards

2024-12-20 00:00:00

The Press Information Department (PID) has taken a decision to review the decision regarding cancelation of accreditation cards of a number of journalists, reports BSS.PID will review the decision in the applicable cases, according to an official handout.The handout said...

Students of Rabindra University formed a human-chain

2024-12-20 00:00:00

Students of Rabindra University formed a human-chain on the university premises in Sirajganj on Wednesday, demanding a permanent campus. — Press Release

Bangladesh Navy Family Welfare Association (BNFWA)

2024-12-20 00:00:00

Bangladesh Navy Family Welfare Association (BNFWA) President Nadia Sultana distributed warm clothes among poor people in the Nabik residential area at Mirpur-14 in the capital on Wednesday. — ISPR

Outdated city buses to be scrapped: Rizwana

2024-12-20 00:00:00

Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan has said old and polluting buses will be scrapped to reduce the air pollution in the capital, report agencies."People in Dhaka cannot continue to suffer and die from air pollution. The...

Calm prevails at Ijtema ground

2024-12-20 00:00:00

GAZIPUR, Dec 19 (UNB): The government has taken full control of Tongi's Biswa Ijtema ground in Gazipur following deadly clashes between two factions of Tabligh Jamaat that left four people dead and over 50 injured.Members of the army, Border Guard...

Govt prioritises timely textbook distribution: Education adviser

2024-12-20 00:00:00

Education Adviser Wahiduddin Mahmud has said ensuring the timely printing, binding, distribution, and supply of textbooks is one of the government's top priorities, reports UNB.He came up with the remarks while speaking at a progress review meeting on textbook-related activities...

ICT orders to end probe against eight police officials within two months

2024-12-20 00:00:00

The International Crime Tribunal (ICT) has ordered the authorities concerned to complete investigation against eight police officials within the next two months for their alleged involvement in the crimes against humanity, reports BSS.The three-member panel of the tribunal headed by...

Adviser asks BRTA to improve capital’s traffic situation, air quality in a month

FE REPORT | 2024-12-20 00:00:00

Bangladesh Road Transport Authority (BRTA) has been given a deadline of one month to improve its services being the highest authority in the transport sector following continuous deterioration in the city's traffic jam and air quality.Power, Energy and Mineral Resources,...

BD seeks roadmap for Rohingya repatriation

FE REPORT | 2024-12-20 00:00:00

The transitional government has sought a clear roadmap for the repatriation of the Rohingya refugees to their homeland in the Rakhine state of Myanmar.Bangladesh has been housing more than 1.3-million displaced Rohingya members who fled their homes in the face...

Ex-Bogura-6 MP Ripu arrested in Netrakona

2024-12-20 00:00:00

The Rapid Action Battalion (RAB) has arrested former lawmaker from Bogura-6 constituency Ragibul Hasan Ripu from Netrakona district, reports BSS.A team of RAB arrested Ripu from Mohanganj municipality area in Netrokona district on Wednesday night.RAB in a short message confirmed...

Muktijoddha Dal's rally postponed due to Khaleda Zia's illness

2024-12-20 00:00:00

Jatiyatabadi Muktijoddha Dal has postponed its planned gathering of freedom fighters, initially scheduled for today (Saturday), due to the illness of BNP Chairperson Khaleda Zia, reports UNB.BNP Secretary General Mirza Fakhrul Islam Alamgir came up with the announcement while speaking...

Next polls will be peaceful, free from political interference

2024-12-20 00:00:00

RANGPUR, Dec 19 (BSS): Electoral System Reform Commission chief Dr Badiul Alam Majumder has said next elections will be held in a peaceful manner and in an environment free from political interference. "Free, fair, impartial and peaceful elections will be...

Break market syndicates to rein in commodity prices: Ganatantra Mancha

2024-12-20 00:00:00

Leaders of the Ganatantra Mancha, an alliance of six political parties, have urged the government to bring the commodity prices under people's purchasing power by breaking the business syndicates, reports BSS.They made the call while speaking at a press conference...

Continue struggle to protect country's independence

FE REPORT | 2024-12-20 00:00:00

Bangladesh Nationalist Party (BNP) acting chairman Tarique Rahman said on Thursday that the aim of their present struggle is to defend the country's independence and sovereignty.To win that struggle, all have to put effort continuously, he said.He made the comments...

German consumer confidence improves into new year

2024-12-20 00:00:00

BERLIN, Dec 19 (AFP): German consumers are heading into 2025 feeling slightly more confident, a key survey showed Thursday, but morale remained low as Europe's largest economy looked stuck in stagnation.The forward-looking indicator, published by pollsters GfK and the Nuremberg...

Inflation 'worrying' but Russian economy 'stable': Putin

2024-12-20 00:00:00

MOSCOW, Dec 19 (AFP): Russian President Vladimir Putin on Thursday acknowledged concerns over high inflation, but insisted the economy was "stable" in the face of external threats.Russia's central bank is set to hike interest rates on Friday in its latest...

Iran lawmakers to summon economy minister over currency woes

2024-12-20 00:00:00

TEHRAN, Dec 19 (AFP): Iranian lawmakers will summon the economy minister for questioning over a record slump of the local currency against the dollar, local media reported on Thursday.The Iranian rial was trading at around 770,000 against the US dollar...

Yen drops as BoJ maintains key interest rate

2024-12-20 00:00:00

TOKYO, Dec 19 (AFP): The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.The BoJ said after a...

Modhumoti Bank PLC organises virtual confce

2024-12-20 00:00:00

Modhumoti Bank PLC organised an 'Anti Money Laundering & Combating Terrorist Financing Conference -2024' for MMBPLC Agents and Agent Banking Officials at the bank's head office in the city on Wednesday. Md Shafiul Azam, Managing Director & CEO of the...

First Security Islami Bank holds executive dev programme

2024-12-20 00:00:00

First Security Islami Bank PLC has organised a executive development programme at the bank's head office recently. Mohammad Abdul Mannan, Chairman of the bank, was present as the chief guest in the programme. Md Azizur Rahman, Vice Chairman, Syed Waseque...