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Syria forces battle to stop rebel advance on key city

2024-12-06 00:00:00

BEIRUT, Dec 05 (AFP): Syrian government forces were locked in heavy fighting around the central city of Hama on Thursday, trying to halt an advance of Islamist-led rebels, a war monitor said.The fighting around Hama follows a rapid offensive by...

Israel committed genocide in Gaza

2024-12-06 00:00:00

GAZA, Dec 05 (Reuters): Amnesty International accused the state of Israel of committing genocide against Palestinians in the Gaza war in a report published on Thursday, an allegation Israeli leaders have repeatedly denied.The London-based human rights group said it reached...

Korean ruling party opposes Yoon impeachment

2024-12-06 00:00:00

SEOUL, Dec 05 (Reuters): South Korea's parliament introduced a motion on Thursday to impeach President Yoon Suk Yeol over a botched attempt to impose martial law, while the defence minister blamed for advising the move and ordering troops to the...

Macron seeks new PM

2024-12-06 00:00:00

PARIS, Dec 05 (AFP): President Emmanuel Macron on Thursday sought a new prime minister to prevent France from sliding deeper into political turmoil after Michel Barnier's government was ousted in a historic no-confidence vote in parliament.Poised to be contemporary France's...

What awaits India-Bangladesh relations?

2024-12-06 00:00:00

The political and economic ties between Bangladesh and India are of immense importance. The bilateral ties between the two countries are rooted in shared cultural practices, a long history, trade and people to people connection. Recently, this relationship has been...

Optimising supply chains

2024-12-06 00:00:00

In today's fast-paced business environment, an efficient supply chain is essential for success. It involves managing the flow of goods, services, and information from the point of origin to the point of consumption. To achieve this, companies must streamline operations,...

Reclaiming footpaths for public use

Shiabur Rahman | 2024-12-06 00:00:00

Footpaths on both sides of the Tejgaon-Mohakhali Road starting from the Mohakhali Bus Terminal in Dhaka city have surreptitiously been occupied by vendors. They have erected permanent structures at different portions of the walkways. Though illegal, selling products on footpaths...

Bribery has cost the nation dearly

2024-12-06 00:00:00

That service seekers in the country are hapless victims of bribery and corrupt practices of the public service delivery system had remained endemic until the first quarter of this year under review. A recent survey by the Transparency International Bangladesh...

Riverine trade in BD's economic growth

Matiur Rahman | 2024-12-06 00:00:00

Bangladesh, a country marked by its complex network of rivers, has long relied on these waterways as a critical component of its economic infrastructure. The country's geographical features, defined by the vast Ganges-Brahmaputra delta, create an extensive river system as...

61st death anniv of Suhrawardy today

2024-12-05 12:00:00

The 61st death anniversary of Huseyn Shaheed Suhrawardy, one of the greatest leaders of undivided India, will be observed in the country today (Thursday), report agencies.The leader, who had dedicated his entire life to ensure the welfare of the people...

Regulator to demand answers from non-compliant cos

FE REPORT | 2024-12-05 12:00:00

In a major drive to enforce compliance, the stock market regulator is going tough on errant companies that failed to complete the distribution of approved dividends within the stipulated time.As part of the move, the Bangladesh Securities and Exchange Commission...

BB relaxes loan classification, provisioning rules for CMSME sector

2024-12-05 00:00:00

Bangladesh Bank (BB) has relaxed the rules of loan classification and provisioning for the Cottage, Micro, Small and Medium Enterprises (CMSME) sector to create more employment opportunities through increasing investment, reports BSS.The central bank Wednesday issued a circular to this...

BB asks banks to provide loan info of Thermax Group

FE REPORT | 2024-12-05 00:00:00

The Bangladesh Bank (BB) has instructed all scheduled banks or lenders operating in the country to submit the detailed liability statements of Thermax Group and its associate entities.On Tuesday, Department of Off-Site Supervision of BB sent a formal letter to...

CIVICUS upgrades BD's civic space after reforms

FE REPORT | 2024-12-05 00:00:00

The CIVICUS Monitor on Wednesday said it upgraded the rating of Bangladesh in terms of its increased civic space after the much-needed reforms have been made by the interim government.The CIVICUS Monitor, a research consortium led by global civil-society alliance...

Dengue: 5 more die _

2024-12-05 00:00:00

Five more deaths were reported from dengue in 24 hours till Wednesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 509 this year, reports UNB.Among the recent fatalities, two took place in Dhaka North City...

Indian FS due next week

2024-12-05 00:00:00

Foreign Affairs Adviser Md Touhid Hossain on Wednesday said Bangladesh wants good relations with India on a reciprocal basis, hinting that Foreign Office Consultations (FOC) between the two countries might take place a day ahead instead of December 10, reports...

Work on Tk 50b project starts

MIR MOSTAFIZUR RAHAMAN | 2024-12-05 00:00:00

The World Trade Centre (WTC) will make its dashing footprint in Dhaka with the silhouette of an under-construction 50-storey skyscraper near the scenic Hatirjheel Lake in the metropolis.The primary infrastructure development work on the TK 50-billion project has already started,...

Refiners keep pushing for edible oil price hike

REZAUL KARIM | 2024-12-05 00:00:00

Local refiners in recent months have pressed the government several times to increase edible-oil prices in the light of the substantial price rise in the international market, industry insiders say.The Bangladesh Vegetable Oil Refiners' and Vanaspati Manufacturers' Association (BVORVMA) urged...

Bangladesh already in middle-income trap

FHM Humayn Kabir | 2024-12-05 00:00:00

The white paper on Bangladesh's economy says the country has already fallen into the middle-income trap as employment and productivity data conflict with the past years' higher-growth narratives.Bangladesh started falling into the trap in the fiscal year 2013-14 and is...

IMF revises tax-GDP ratio upward

DOULOT AKTER MALA | 2024-12-05 00:00:00

The International Monetary Fund (IMF) has set a revised target for Bangladesh to increase its tax-GDP ratio by 0.6-percentage points for the current fiscal year. This increase equates to an additional Tk 930 billion in revenue.Currently, Bangladesh's tax-GDP ratio stands...

RMG exports log 12.34pc growth in first five months of FY ’25

FE REPORT | 2024-12-05 00:00:00

Export earnings from the country's readymade garment (RMG) sector recorded a growth of 12.34 per cent year on year to fetch US$16.11 billion during the first five months of the current fiscal year, pushing the overall growth to 11.76 percent.RMG...

Japanese JERA takes over from Indian Reliance

M AZIZUR RAHMAN | 2024-12-05 00:00:00

Japanese energy-biggie JERA has acquired the Meghnaghat 718-megawatt (MW) power plant from Indian Reliance and it awaits a nod to initiate electricity generation commercially, according to sources.The Japan's Energy for a New Era (JERA) carried out a test run of...

Prayer Timings (2024-12-05)

2024-12-05 00:00:00

FE Anniversary Supplement (2024-12-05)

2024-12-05 00:00:00

BTRC revokes licences of 334 internet, telecom cos

FE REPORT | 2024-12-05 00:00:00

The Bangladesh Telecommunication Regulatory Commission (BTRC) on Tuesday revoked the licences of 334 internet and telecommunications service providers, primarily for failing to adhere to regulatory requirements for licence renewal. The companies, including internet service providers (ISPs), call centres and IP...

Inflation cools from January to kiss 4-5pc by end-FY26

FE REPORT | 2024-12-05 00:00:00

Inexorable inflation will be cooling from January and fall to 4-5 per cent by end of the next fiscal year (FY2025-26), the Bangladesh Bank governor draws the latest timeline on the back of remedial measures. Dr Ahsan H Mansur pins...

External interference condemned

FE REPORT | 2024-12-05 00:00:00

Politicians across the board extended on Wednesday unqualified support when head of the interim government Dr Muhammad Yunus called for forging a national unity to thwart bids of vested quarters through their fabricated narratives to block the effort for rebuilding...

Power-sector reform can save $1.2b annually

FE REPORT | 2024-12-05 00:00:00

Power-sector reforms can save Bangladesh US$1.2 billion, equivalent to Tk 138 billion, annually through reduction in state subsidy to the power board, according to a research finding. This could be realised by shifting half of the industrial demand met by...

BCS viva marks reduced to 100

2024-12-05 00:00:00

The marks for the Bangladesh Civil Service (BCS) viva have been reduced to 100 from 200, reports UNB.This decision was taken at a meeting of the Administrative Development Committee on Wednesday, said Md. Mokhles Ur Rahman, Senior Secretary of the...

Weather (2024-12-05)

2024-12-05 00:00:00

Weather may remain 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. Night and day temperature may fall slightly over the country.The highest temperature in...