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Prayer Timings (2024-12-02)

2024-12-02 00:00:00

Notice (2024-12-02)

2024-12-02 00:00:00

Today's issue of the FE contains some selected segments of the draft White Paper on State of the Bangladesh Economy, which was handed over to Chief Adviser Prof Dr Muhammad Yunus on Sunday. Some more segments will be published tomorrow...

Renewable power plants get 15-yr tax exemption

FE REPORT | 2024-12-02 00:00:00

The tax exemption for renewable energy-based power plants has been extended up to 15 years.The investors will be entitled to a full tax exemption for the first 10 years of their operations, according to a Statutory Regulatory Order (SRO) issued...

'Data ecosystem highly foggy, toxic for the gullible'

FE REPORT | 2024-12-02 00:00:00

The past regime cooked macroeconomic data according to its will for political appeasement, the White Paper committee has found. "Was growth real?" the committee questioned in the draft White Paper shared with newsmen on Sunday after handing it over to...

AL cronies, lobbyists, pvt producers major players in energy sector

FE REPORT | 2024-12-02 00:00:00

Members of the fallen regime of the Awami League, lobbyists, private business and independent power producers became major stakeholders in power and energy sector bypassing due processes, the 'White Paper on the State of Bangladesh Economy' revealed on Sunday.The energy...

All 10 banks diagnosed 'distressed' found technically bankrupt

FE REPORT | 2024-12-02 00:00:00

All the 10 banks marked as 'distressed' by the regulators are "technically bankrupt" and illiquid, according to the draft white paper that painted a dismal state of Bangladesh economy following past reign of plunder. The draft 'White Paper on State...

Tarique, Babar, others acquitted

GULAM RABBANI | 2024-12-02 00:00:00

Exiled acting BNP Chairman Tarique Rahman, former state minister for home affairs Lutfozzaman Babar and all other accused of the August-21st grenade attack on an opposition rally are now exonerated. The High Court Sunday struck down the verdict pronounced by...

Some $16b laundered annually during Hasina regime

FE REPORT | 2024-12-02 00:00:00

Some US$16 billion was siphoned off Bangladesh annually during Sheikh Hasina's "corrupt autocracy", leaving the country in a state of plunder and economy in a shambles when she fled amid a mass uprising. The observations are laid down in the...

Munni Saha picked up, then released 'on condition'

2024-12-02 00:00:00

Journalist Munni Saha has been released from the custody of the Detective Branch, just hours after being detained from Kawran Bazar in the capital on Saturday night, reports UNB.She was handed over to her family on payment of a bond...

Ex-rail minister Sujan denied bail

2024-12-02 00:00:00

PANCHAGARH, Dec 01 (UNB): Panchagarh court sent Former Railway Minister and ex-MP of Panchagarh-2 constituency Nurul Islam Sujan to jail rejecting the bail petition in a case over the kidnapping and murder of Al Amin, a local easy bike driver.Panchagarh...

Ex-MP Safia Khatun arrested in city

2024-12-02 00:00:00

Safia Khatun, former MP (reserved seat) from Cox's Bazar's Chakaria-Pekua upazila) has been arrested from Dhaka's Pallabi area in connection with a case over the killing of a youth during the July-August movement, reports UNB.Safia, 70, former vice-president of Mahila...

Defence lawyer S M Shahjahan addressing media at the High Court

2024-12-02 00:00:00

Defence lawyer S M Shahjahan addressing media at the High Court in the capital on Sunday after the August 21 grenade attack case verdict. — AFP

Ulama-Mashayekh BD demands justice for victims of 2018 attack

2024-12-02 00:00:00

Ulama-Mashayekh Bangladesh held a press conference at the National Press Club in the city on Sunday, calling for justice for the victims of the 2018 attack on Tablighi Jamaat followers, students, and teachers during Bishwa Ijtema in Tongi, reports UNB.Mufti...

AL's accomplices tasked with destabilising country: Jamaat

2024-12-02 00:00:00

KHULNA, Dec 01 (UNB): The accomplices of the Awami League (AL) that are still in the country have been given the task of instigating instability at any opportunity, Jamaat-e-Islami Ameer Dr Shafiqur Rahman said Sunday."We must not fall into their...

BNP expresses satisfaction at HC verdict

FE REPORT | 2024-12-02 00:00:00

Bangladesh Nationalist Party (BNP) has expressed satisfaction with the High Court's (HC) verdict in the August 21 grenade attack case. The verdict, delivered on Sunday, acquitted all convicted individuals, including BNP Acting Chairperson Tarique Rahman and former state minister for...

Night temperature may fall today -

2024-12-02 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Monday), according to the Met Office.Light to moderate fog may occur at places over the country during late...

DU teachers, staff bring out victory procession

2024-12-02 00:00:00

Dhaka University (DU) teachers and staff brought out a procession on the campus on Sunday, marking the month of Victory, reports UNB.Vice-Chancellor Professor Dr. Niaz Ahmad Khan released doves and balloons to mark the occasion.The procession, led by the Vice-Chancellor,...

No need to go to Delhi for Mexican visa

FE REPORT | 2024-12-02 00:00:00

The Government of the United Mexican States has extended visa application facilities for Bangladeshi nationals, simplifying the process for obtaining a visa to visit Mexico. Previously, Bangladeshi citizens were required to approach the Mexican Embassy in New Delhi for visa...

Season's first ship reaches St Martin's with 653 tourists

FE REPORT | 2024-12-02 00:00:00

The season's first ship carrying 653 tourists reached Saint Martin's Island on Sunday after nine months' suspension of trip to the island on environmental and safety grounds.The ship, MV Baro-Aulia, departed from the BIWTA's Nuniachhara Terminal in Cox's Bazar. Tourists...

CPD plays huge role in creating mindset for uprising: CA

2024-12-02 00:00:00

Chief Adviser (CA) Professor Muhammad Yunus on Sunday said Center for Policy Dialogue (CPD)'s research and public awareness activities played a huge role in creating the mindset for the recent student uprising, reports BSS.He also said the research organisation has...

Disadvantaged communities disproportionately exposed

FE REPORT | 2024-12-02 00:00:00

Discrimination in dengue prevention efforts has left underprivileged communities disproportionately exposed to the deadly disease, speakers at a roundtable discussion said on Sunday. They pointed out that anti-mosquito measures, including the application of insecticides, are heavily focused on wealthy neighborhoods...

Jobs data set to pave way for rates path, stocks

2024-12-02 00:00:00

NEW YORK, Dec 01 (Reuters): The coming week will give investors a fresh view into the health of the US economy with the release of a closely watched employment report that could help determine the trajectory of interest rates in...

PRIME BANK, FOOTSTEP BANGLADESH AGREE TO PROVIDE SAFE WATER,CLEAN ENERGY UNDER CSR

2024-12-02 00:00:00

Prime Bank has signed an agreement with Footstep Bangladesh to install water filtration system in eight govt. public schools in Chattogram and solar panels in 100 fisherman's households in Cox's Bazar as part of its corporate social responsibility initiative. Md....

ISLAMI BANK RECOGNISED AS HIGHEST REMITTANCE RECIPIENT BANK

2024-12-02 00:00:00

Islami Bank Bangladesh received 'Top Remittance Receiver Bank Award 2024' at the 'Bangladesh Remittance Fair' organised in New York of United States (US). Raihanul Islam Chowdhury, senior vice president of the Bangladesh-USA Chamber of Commerce and Industry, handed over the...

MERCANTILE BANK HOLDS AML CONFERENCE - 2024

2024-12-02 00:00:00

Mercantile Bank held its Anti Money Laundering (AML) Conference-2024 at FARS Hotel and Resorts, Dhaka on Saturday. A. K. M. Ehsan, executive director of Bangladesh Bank, spoke on the occasion as the chief guest while Md. Mostakur Rahman, director, Bangladesh...

SOUTHEAST BANK, ABC INTERNATIONAL BANK HOLD BUSINESS MEETING

2024-12-02 00:00:00

Southeast Bank recently hosted a business meeting with ABC International Bank, Bahrain, at the head office of the Southeast Bank. The meeting focused on reviewing existing relationship between two institutions and exploring opportunities for mutual collaboration and growth. Mr. Nuruddin...

Sinha Securities asked to resolve CCA deficit to get its licence back

FE REPORT | 2024-12-02 00:00:00

The securities regulator instructed the chairman of Sinha Securities to fill deficits in its consolidated customers' account (CCA) by selling her shares of ACME Laboratories.As per a regulatory order, sponsor and chairman of Sinha Securities Parveen Akhter will have to...

Equity market controlled by influential frauds during Hasina's regime: White Paper

FE REPORT | 2024-12-02 00:00:00

Trillions of money was embezzled from the stock market through fraud, manipulation, placement shares, and IPOs, according to the final draft of White Paper on the state of the Bangladesh economy.Powerful investors and institutions artificially inflated share prices through serial...

China Nov factory activity expands as Trump threats loom

2024-12-02 00:00:00

BEIJING, Dec 01 (Reuters): China's factory activity expanded modestly for a second straight month in November, an official survey showed, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy...

EU safety agency lifts ban on PIA after four years

2024-12-02 00:00:00

ISLAMABAD, Dec 1 (Reuters): The European Union Aviation Safety Agency has lifted its ban on Pakistan International Airlines (PIA) from operating in the bloc, it said on Friday.EASA suspended PIA's authorisation to operate in the EU in June 2020 over...