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Beyond Numbers: How the world selects leaders

2024-09-14 00:00:00

The education system in Bangladesh emphasises test results, creating a stark contrast with the often bewildering experience of job recruitment. Imagine a fresh graduate walking into a recruiter's office, clutching their academic transcripts like a lifeline, only to discover that...

Archiving the July mass uprising

Tanim Asjad | 2024-09-14 00:00:00

How many people died and how many were injured during the nationwide students' movement is a serious question that requires accurate answers for obvious reasons. So far, it is known that at least 757 people have died in police firing,...

Dhaka's traffic nightmares

Syed Mansur Hashim | 2024-09-14 00:00:00

Traffic has now become the worst nightmare of the commuters in the capital city. Technology such as Google map helps residents navigate the city to some extent but the fact is that no matter what route one takes, people will...

Ensuring urgent fuel supply to power plants

2024-09-14 00:00:00

Severe load-shedding in the northern and northeastern districts including also Dhaka over the past few days has been causing enormous public suffering. The problems causing the disruptions in smooth power supply are, however, inherited from the immediate past government. The...

Re-visiting feminism: the first two waves

Hasnat Abdul Hye | 2024-09-14 00:00:00

An ordinary college girl named Farzana Sithi fiercely arguing about punishment of a sex offender before a police station in Dhaka; a India-wide protest movement over gang rape and murder of Dr Moumita in a hospital in Kolkata; the Home...

Another murder case filed against Sheikh Hasina

2024-09-13 00:00:00

Another case was filed today against ousted prime minister Sheikh Hasina and six others for allegedly attempting to murder former BNP lawmaker Nazim Uddin Alam in 2012.The other accused in the case are- Mohiuddin Khan Alamgir, Abdullah Al Islam Jacob,...

Govt forms Foundation to support families of July martyrs

FE REPORT | 2024-09-13 00:00:00

The government on Thursday formed a foundation called the 'July Shaheed Smriti Foundation' to provide support for the family members of the martyrs who lost their lives during the student-led movement in July."A seven-member committee was formed for the foundation...

Ivy, 2 MPs to face ACC enquiry into graft allegations

FE REPORT | 2024-09-13 00:00:00

The Anti-Corruption Commission (ACC) has initiated an enquiry into allegations of corruption against former mayor of Narayanganj City Corporation Dr Selina Hayat Ivy and former lawmakers Ayesha Ferdaus and Ranajit Kumar Roy.ACC Deputy Director Md Akhtarul Islam has confirmed the...

Traffic get stuck causing chaos on the busy road in front of Jatrabari Kitchen

2024-09-13 00:00:00

Traffic get stuck causing chaos on the busy road in front of Jatrabari Kitchen Market adjacent to Mohammad Hanif Flyover in the capital as different vehicles and makeshift shops are kept there, occupying most part of the way. — FE...

Bangladesh sees embedded finance industry boom

FE REPORT | 2024-09-13 00:00:00

Bangladesh sees a boom of embedded finance industry, with a projected annual growth of 28.5 per cent to a market size of US$817.1 million by 2024.This expansion is closely linked to the rise of e-commerce companies, supported by comprehensive sector...

Ex-DG of DGFI terminated, 3 army officers sent on forced retirement

2024-09-13 00:00:00

Three senior officers of Bangladesh Army were sent on forced retirement on Tuesday.Moreover, another officer, Lieutenant General Md Mujibur Rahman, who was posted at Mymensingh Cantonment, has been terminated, reports UNB.Those sent on retirement are Lieutenant Generals Md Saiful Alam,...

Rice procurement almost achieved

FE REPORT | 2024-09-13 00:00:00

The government has almost achieved its rice-procurement target this Boro season that started in May and ended on August 31.The government had a target to purchase 1.1 million tonnes of parboiled and 0.1 million tonnes of white atap rice.It has...

Incentives for expats

FE REPORT | 2024-09-13 00:00:00

Bangladeshis working abroad will be provided with incentives, in case of death or injuries, against their compensations from employers or respective insurance companies.The incentives will be given at the existing rate, according to a circular, issued by Bangladesh Bank on...

Maintain confidence in banking sector

Says BB Governor | 2024-09-13 00:00:00

The Governor of Bangladesh Bank, Dr. Ahsan H Mansur, has urged the public to maintain confidence in the nation's banking sector, highlighting significant ongoing reforms aimed at stabilizing and improving financial institutions, reports UNB.In a message sent directly to the...

Spl body formed to take stock of ICT programmes

FE REPORT | 2024-09-13 00:00:00

A nine-member committee has been formed to review the development projects, procurement plans, and programmes implemented by the ICT Division and its subsidiaries over the past 15 years (2009-2024). Information and Communication Technology (ICT) Division Additional Secretary Mahbubur Rahman heads...

Briefing 2024-09-13

2024-09-13 00:00:00

Reshuffles, inquiries leave BSEC in disarrayAn eerie sense of unease hangs at the Bangladesh Securities and Exchange Commission (BSEC), with its staffers divided into groups fighting with each other and seeking protection from the wrath of the changing political landscape....

Tenders floated to purchase LNG

M AZIZUR RAHMAN | 2024-09-13 00:00:00

Bangladesh has floated tenders, after a hiatus of around four months, to purchase liquefied natural gas (LNG) from a spot market after coming online of the Summit's LNG terminal, a senior Petrobangla official told the FE on Thursday.The state-run Rupantarita...

Pvt sector credit growth surprisingly rises in July

JUBAIR HASAN | 2024-09-13 00:00:00

Formal credit to the private enterprises increased significantly in July, which money market analysts termed 'very surprising' as overall economic activities were almost halted in that month because of mass uprising that led to the fall of Sheikh Hasina government...

Credit ebb, remittance surge signal G-Sec yield contraction

SIDDIQUE ISLAM | 2024-09-13 00:00:00

Dampened credit demand, particularly from private business, and higher remittance inflows signal an oncoming downturn in the yields on government securities (G-Sec), bankers predict.The yields on G-Sec, like Bangladesh Government Treasury Bonds (BGTBs) and Treasury Bills (T-bills), have already seen...

Arrest warrant issued against A. Hye Bachchu

FE REPORT | 2024-09-13 00:00:00

A court in Dhaka has issued arrest warrant against former BASIC Bank chairman Sheikh Abdul Hye Bacchu and four of his family members in connection with a money laundering case filed by the Anti-Corruption Commission (ACC). Judge of the Metropolitan...

Businesses urge image-rebuilding action as disinformation dents buyer confidence

FE REPORT | 2024-09-13 00:00:00

Business leaders Thursday urged the interim government to undertake package reforms in economic field, including action to curb "disinformation" that dents confidence of foreign buyers in Bangladesh's major export destinations.Their call came at 'National Business Dialogue' where Chief Adviser of...

15-20pc RMG orders lost

FE REPORT | 2024-09-13 00:00:00

The council of advisers on Thursday asked the finance ministry to take necessary steps to recover the funds different ministries deposited with various banks. The finance ministry has been asked to request the Bangladesh Bank to sit with the banks...

Worry about export slump as 258 industrial units stay shut

FE REPORT | 2024-09-13 00:00:00

Industrial unrest stokes worry about export timing and resultant order diversion as around 250 factories in Savar-Ashulia and Gazipur belts stay shut in fear of vandalism as a section of workers continued demonstrations undeterred.However, the post-uprising interim government Thursday expressed...

Ex-MP Fazle Karim, two others held while intruding into India

2024-09-13 00:00:00

Members of Border Guard Bangladesh (BGB) have arrested three people, including former Awami League lawmaker ABM Fazle Karim Chowdhury, from Brahmanbaria's Akhaura border, reports agencies.The two others are Md Hannan Molla, former union parishad member of Nurpur area under Akhaura...

Probe if AL men are behind unrest in RMG sector

2024-09-13 00:00:00

Expressing deep concern over the ongoing unrest in the readymade garment industry, Bangladesh Jamaat-e-Islami has asked the authorities to look into whether an Awami League leader and his men are acting as instigators behind the incidents, reports UNB.Jamaat-e-Islami Secretary General...

Khaleda's fitness being examined for overseas treatment: Zahid

2024-09-13 00:00:00

The medical board at Evercare Hospital is assessing BNP Chairperson Khaleda Zia's physical fitness for sending her abroad for treatment as soon as possible, reports UNB.Khaleda's personal physician, Professor AZM Zahid Hossain, made the remark while addressing a press briefing...

Ex-addl SP Kafi on five-day remand in murder case

2024-09-13 00:00:00

A Dhaka court has placed former Dhaka district's Additional Superintendent of Police Abdullahhil Kafi on a five-remand in a case over the killing of Military Institute student Shaikh Ashabul Yameen, reports UNB.Dhaka Senior Judicial Magistrate Md Julhas Uddin passed the...

Hasina, 25 journalists sued over killing man during movement

2024-09-13 00:00:00

As many as 25 journalists have been named along with deposed prime minister Sheikh Hasina and 165 others in a case filed over the murder of Md Fazlu in the capital's Mirpur during the student-led civil uprising, reports bdnews24.com.The deceased's...

Article 70 of Constitution needs to be amended: AG

2024-09-13 00:00:00

Attorney General (AG) Md Asaduzzaman has said article 70 of the Constitution needs to be amended "The interim government led by Muhammad Yunus has been doing everything according to the Constitution. This government has written legality from the Supreme Court...

Inu, Menon, Palak, ex-IGP Mamun sent to jail

2024-09-13 00:00:00

A Dhaka court has sent Jatiya Samajtantrik Dal (JSD) president Hasanul Haq Inu, Workers Party president Rashed Khan Menon, ex-state minister for ICT Junaid Ahmed Palak and ex-IGP Chowdhury Abdullah Al-Mamun to jail after expiry of their remand period, report...