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Briefing 2024-05-31

2024-05-31 00:00:00

Prayer Timings (2024-05-31)

2024-05-31 00:00:00

BB hopeful of inflation easing in months

FE REPORT | 2024-05-31 00:00:00

The Bangladesh Bank has expressed cautious optimism that its own policy initiatives coupled with that of the government would help ease inflation in the coming months.It says there was a slight drop in the contribution of import-concentrated items in March...

May remittance already crosses $2.0b in a rebound

FE REPORT | 2024-05-31 00:00:00

Bangladesh is set to receive record-high remittance in May thanks largely to the depreciation of local currency against the American dollar, central bankers say on a note of optimism amid reserves worries. The country, long passing through multiple economic strains...

Remal ravages coastal farming

YASIR WARDAD | 2024-05-31 00:00:00

The severe cyclone Remal, which pounded Bangladesh from May 26 to 27, have done significant damage to the agricultural sector, affecting paddy, vegetables, fruits, betel leaves, fisheries and livestock.According to both agriculture, and fisheries and livestock ministries, a total of...

Tax expenditures targeted down by Tk 150b in FY25

DOULOT AKTER MALA | 2024-05-31 00:00:00

Direct-tax expenditure in terms of foregone revenues may shrink by Tk 150 billion in the upcoming fiscal year with the bundling out of numerous exemptions from major sectors that include physical-infrastructure construction. As per National Board of Revenue (NBR) estimate,...

Weather (2024-05-31)

2024-05-31 00:00:00

Rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Sylhet, Dhaka and Chattogram divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office. The highest temperature...

Shahed, four others indicted

2024-05-31 00:00:00

A Dhaka court on Thursday framed charges against five people, including Regent Hospital Chairman Mohammad Shahed, in a case over Regent Hospital's fake Covid test scam, reports UNB.The trial in the case began formally through framing of the charges.Dhaka Metropolitan...

Benapole-Mongla train service from tomorrow

2024-05-31 00:00:00

BENAPOLE, May 30 (UNB):A commuter train will start operation on Benapole-Mongla route from tomorrow (Saturday).Benapole Rail Station Master Saidur Rahman said the commuter train will leave for Mongla from Benapole at around 9:15 am via Khulna's Phultala.On November 01, a...

97pc work of Dhaka airport third terminal ends

2024-05-31 00:00:00

Ninety-seven per cent work of the 3rd terminal of Hazrat Shahjalal International Airport has been completed, said Civil Aviation and Tourism Minister Muhammad Faruk Khan on Thursday, reports UNB."I am satisfied at the progress of the work. 97 per cent...

Top court upholds status quo on handover of Dhaka Elevated Expressway shares

2024-05-31 00:00:00

The stay will remain in place until the first arbitration meeting is held between the Italian-Thai company and the Chinese company over the debt, reports bdnews24.comThe Appellate Division has upheld the status quo order on the transfer of Dhaka Elevated...

World No Tobacco Day today -

2024-05-31 00:00:00

World No Tobacco Day-2024 will be observed today (Friday) in the country as elsewhere in the world with the theme 'Protecting children from tobacco industry interference', reports BSS.To mark the day, various anti-tobacco organisations have chalked out programmes.The National Tobacco...

Bangabandhu scholarship to be introduced for 10 cadets from SIDS, African LDCs

2024-05-31 00:00:00

Bangladesh has offered cadet training scholarship after Bangabandhu Sheikh Mujibur Rahman in the country's five government marine academies for foreigners through International Maritime Organization (IMO), reports UNB.The sholarship has been offered for 10 cadets from Small Island Developing States (SIDS)...

Stop overcharging homebound passengers during Eid: Quader to bus owners

2024-05-31 00:00:00

Road Transport and Bridges Minister Obaidul Quader has called on bus owners to ensure that passengers are not overcharged as they travel home for Eid-ul-Azha. Speaking at a press briefing on Thursday, Quader emphasised the need for strict monitoring of...

2-day construction carnival begins at RUET

2024-05-31 00:00:00

RAJSHAHI, May 30 (BSS): A two-day construction carnival 1.0 began at Rajshahi University of Engineering and Technology (RUET) campus aimed at showcasing the brilliance of budding engineers.Building Engineering and Construction Management (BECM), under the Faculty of Civil Engineering, organised the...

Info commission warns three officials under RTI Act

2024-05-31 00:00:00

The Information Commission Bangladesh on Thursday warned three government officials for not providing information requested under the Right to Information (RTI) Act, 2009, reports BSS.Director General (DG) of National Institute of Biotechnology and its officer in-charge was warned by the...

Court slaps travel ban on RAB-2 ASP Uttam in graft case

2024-05-31 00:00:00

A Dhaka court in the city on Thursday imposed a travel ban on RAB-2 additional superintendent of police (ASP) Uttam Kumar Biswas in a graft case, reports BSS.Dhaka Metropolitan Senior Special Judge Mohammad Ash Shams Jaglul Hossain passed the order,...

India extending support to BD in Anar murder probe

2024-05-31 00:00:00

India is extending necessary support to Bangladesh in investigating the murder case of Anwarul Azim Anar, a parliament member from Jhinaidah-4 constituency, reports BSS."Case of Bangladesh MP is under investigation. From our side, the government of India is extending necessary...

Country goes under mafia's clout: BNP

FE REPORT | 2024-05-31 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said the country has gone under the total control of the local mafia and looters.Mr Fakhrul said this after offering fateha at the graveyard of BNP founder and former president...

BNP pays tributes to Zia on his 43rd death anniv

FE REPORT | 2024-05-31 00:00:00

The BNP on Thursday paid homage to its founder Ziaur Rahman, marking his 43rd death anniversary, reports UNB.Party leaders and activists, led by its Secretary General Mirza Fakhrul Islam Alamgir, placed a wreath at Ziaur Rahman's grave at Sher-e-Bangla Nagar...

Bay to be freed from pirates soon

2024-05-31 00:00:00

CHATTOGRAM, May 30 (BSS): Home Minister Asaduzzaman Khan on Thursday said the government would make the Bay of Bengal and the entire coastal belt of Bangladesh free from pirates and robbers soon."The Rapid Action Battalion, Coast Guard, Border Guard Bangladesh,...

As Europe struggles to cut debt, Sweden eyes more spending

2024-05-31 00:00:00

STOCKHOLM, May 30 (Reuters): While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has a more enviable dilemma: how to use its strong public finances to face up to the...

Global fund launches fly in China as yuan slumps

2024-05-31 00:00:00

HONG KONG, May 30 (Reuters): Global fund launches in China have hit a record as a weakening yuan and fragile economy drive demand for foreign assets, in the latest sign of low confidence among domestic investors.Eleven funds issued under the...

Amazon adds Grubhub food delivery to its website, app in the US

2024-05-31 00:00:00

NEW YORK, May 30 (Reuters): Amazon.com on Thursday said its customers in the US can now order from Grubhub directly on its shopping app and the website, extending a deal that already offers its Prime members a no-fee access to...

EU seeks roadblocks for Chinese EVs without sparking trade war

2024-05-31 00:00:00

BRUSSELS (Belgium), May 30 (AFP): The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a...

India's pharma export sales to grow faster this year

2024-05-31 00:00:00

HYDERABAD, May 30 (Reuters): India's pharmaceutical export sales growth is expected to pick up to nearly 11 per cent this fiscal year, from a roughly 10 per cent increase last year, led by the key US and UK markets, a...

BD working for sustainable dev of ship recycling industry: Humayun

2024-05-31 00:00:00

Industries Minister Nurul Majid Mahmud Humayun said on Thursday Bangladesh is working for sustainable development of the ship-recycling industry as per the Hong Kong ship recycling convention, reports BSS."Bangladesh has ratified the UN accord on ship recycling, also known as...

WORKSHOP ON CMSME CLUSTER HELD

2024-05-31 00:00:00

A workshop on "District-wise CMSME Cluster Identification, Cluster Engagement, and Cluster Financing-2024" was held at the New Market Municipal Convention Hall in Sirajganj on Monday. Md Mortuz Ali, Executive Director of Bangladesh Bank, attended the workshop as the chief guest...

Chinese companies rush to hike dividends, buy back shares in Japan-style reform

2024-05-31 00:00:00

SHANGHAI/HONG KONG May 30 (Reuters): Chinese listed companies are rushing to buy back shares and lift dividends as they respond to regulators' calls that echo reform efforts in Japan and South Korea, driving a welcome rally even if investors doubt...

23rd AGM of Shahjalal Islami Bank held

2024-05-31 00:00:00

The 23rd annual general meeting (AGM) of Shahjalal Islami Bank was held on May 30, 2024 through a digital platform. Chairman of the board of directors of the bank Mr. A. K. Azad, MP, presided over the meeting. The AGM...