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Raising age limit for govt jobs is no panacea

Atiqul Kabir Tuhin | 2024-05-16 00:00:00

The decade-old demand of jobseekers to raise the maximum age to applying for government jobs from 30 to 35 years has again resurfaced following Education Minister Mohibul Hassan Chowdhury's recent letter to the Ministry of Public Administration. In his letter,...

Reducing use of imported LNG

2024-05-16 00:00:00

At a time when Bangladesh's overdependence on import of liquefied natural gas (LNG) poses a threat to power generation and industrial production, a study by the Institute for Energy Economics and Financial Analysis (IEEFA) suggests how the import parameter can...

'SBAC SMART BANKING SERVICES' LAUNCHED

2024-05-15 12:00:00

Minister for Housing and Public Works R.A.M. Obaidul Muktadir Chowdhury unveils the 'SBAC Smart Banking Services', a digital product platform, at the celebration of SBAC Bank's 11st anniversary. Abu Zafar Mohammod Shofiuddin (Shamim), MP, Chairman of SBAC Bank, and AKM...

Mild heat wave sweeps in seven dists

2024-05-15 00:00:00

A mild heat wave is sweeping Tangail, Rajshahi, Pabna, Jashore, Nilphamari, Rangamati and Feni districts and it may continue, reports UNB.Weather may remain mainly dry with temporary partly cloudy sky over the country, said a regular bulletin of Bangladesh Meteorological...

Australia unveils US$6 billion budget surplus, sets clean energy focus

2024-05-15 00:00:00

CANBERRA, May 14, (AFP) - Australia unveiled a US$6 billion budget surplus on Tuesday, touting a clean energy "transformation" that could eventually shift the mining superpower away from fossil fuels."This budget invests in our renewable energy superpower ambitions," said Treasurer...

360 MW Haripur unlikely to get extension despite low cost electricity

2024-05-15 00:00:00

Haripur 360 MW combined cycle power plant (CCPP), which generates electricity at the lowest cost, is unlikely to get extension after completion of its 22-year initial contract period, reports UNB.According to official sources, the power plant, established by leading US...

Long-term, on-arrival visa to be discussed after Indian polls

2024-05-15 00:00:00

Measures to introduce or facilitate two-year or long-term visas to reduce difficulties and pressure for obtaining Indian visas will be taken after the Indian elections, said Minister of Textiles and Jute Jahangir Kabir Nanak.He said this during a press briefing...

Indian onions start coming after lifting export ban

2024-05-15 00:00:00

A truck carrying 30 tonnes of onions entered Bangladesh from India at 6:25 pm on Tuesday. This marks the resumption of onion imports through Hili Land Port after nearly six months of hiatus, reports UNB. The Indian government lifted its...

Salman Rahman hosts dinner in honour of Lu-led US delegation

2024-05-15 00:00:00

PM's Private Industry and Investment Adviser Salman Fazlur Rahman on Tuesday hosted a dinner in honour of visiting US Assistant Secretary of State for South and Central Asian Affairs Donald Lu and his delegation.Law Minister Anisul Huq, State Minister for...

Tensions ease as hijacked ship with 23 crew returns to Ctg port

NAZIMUDDIN SHYAMOL | 2024-05-15 00:00:00

CHATTOGRAM, May 14: The hijacked ship, MV Abdullah, finally came back with all 23 sailors aboard to Chittagong Port on Tuesday afternoon, easing mounting tensions.The sailors' family members thronged the port jetty to receive them with flowers. They cried with...

BB rejects Indian media report on new reserve heist in Bangladesh

FE REPORT | 2024-05-15 00:00:00

Bangladesh Bank (BB) has rejected a reported claim by an Indian news outlet over new reserve heist in Bangladesh, terming it 'absolutely fake news'.The country's central bank comes up with the statement as an India media circulated a report titled...

Raw materials for steel, cement industries key future challenges

FE REPORT | 2024-05-15 00:00:00

Industries Minister Nurul Majid Mahmud Humayun Tuesday said demand for steel is expected to reach 15 million tonnes per annum (MTPA) by 2027 due to the ongoing boom in infrastructure development. Besides, the cement industry will also require 25 MTPA...

Prayer Timings (2024-05-15)

2024-05-15 00:00:00

Bangladesh facing major macro-economic challenges

FE REPORT | 2024-05-15 00:00:00

Depreciation of Taka, persistent higher inflation, and low revenue growth remain major challenges for Bangladesh's economy at present.Besides, a fall in the forex reserves is the country's another macroeconomic concern.These were the views expressed by an eminent economist, Dr. Sadiq...

Tk 2.65t ADP awaits seal

FHM HUMAYAN KABIR | 2024-05-15 00:00:00

A Tk 2.65-trillion development budget for the next fiscal year awaits the seal of approval from government's highest economic-policy body in its meeting tomorrow (Thursday), with cautiously crafted spending recipe. Transport and communications sector is in the line of recipients...

Democracy, dollar dearth, labour rights dominate discussion

FE REPORT | 2024-05-15 00:00:00

Post-election democratic situation, climate issues, press freedom, labour rights and forex crisis dominated discussion as Bangladesh civil-society representatives paid hearing to US Asst Secretary of State Donald Lu who started his Dhaka mission Tuesday. The meeting, held at the residence...

Mind your mobile marathon

DOULOT AKTER MALA | 2024-05-15 00:00:00

Mobile-phone talk may get costlier as the revenue authority is said to have received prime minister's nod to impose higher tax on phoning in a package of fiscal measures.The National Board of Revenue (NBR) is bent on increasing the Supplementary...

Crawling peg offers cushion against forex volatility

JASIM UDDIN HAROON | 2024-05-15 00:00:00

Exchange rates are seen almost stable by the central bank under crawling peg just introduced in Bangladesh and top bankers also say the system is helping heal the forex volatility.They said the weighted average exchange rate remained "almost stable" since...

Weather (2024-05-15)

2024-05-15 00:00:00

Rain/thunder showers is likely to occur at one or two places over Rajshahi, Rangpur, Khulna,, DhakaMymensingh and Sylhet divisions. Weather may remain mainly dry with temporary partly cloudy sky elsewhere over the country06:00 pm today (Wednesday), according to the Met...

Senior Finance Controller (Army) and newly-appointed Controller General Defence Finance Md Refayet Ullah speaking at a discussion

2024-05-15 00:00:00

Senior Finance Controller (Army) and newly-appointed Controller General Defence Finance Md Refayet Ullah speaking at a discussion at the office of Senior Finance Controller (Air) in the city on Tuesday, as part of celebrating the 51st founding anniversary of Comptroller...

State seeks stay on HC order on prisoners in condemned cell

FE REPORT | 2024-05-15 00:00:00

The state has filed an appeal with the Appellate Division of the Supreme Court seeking stay on a High Court verdict that declared death row convicts cannot be confined in condemned cell before attaining finality of their sentence by the...

Govt to form migration coordination body at upazila level

FE REPORT | 2024-05-15 00:00:00

The government will form Upazila Migration Coordination Committee to ensure proper implementation of migration activities."Upazila Migration Coordination Committee" is being formed at the upazila level consisting of union parishad chairman, upazila executive officer and upazila parishad chairman," said state minister...

Govt asks hajj agencies not to charge pilgrims for Qurbani

FE REPORT | 2024-05-15 00:00:00

The government has directed hajj agencies not to charge extra money from pilgrims for sacrificial animals during this year's hajj to ensure hassle-free services for devotees.The ministry also issued several other instructions following a meeting with Abdur Rahman Ghyanam, the...

UN green climate fund creating debt burden on BD: TIB

FE REPORT | 2024-05-15 00:00:00

The role of the Green Climate Fund (GCF) over the past decade has been disappointing as it has created debt repayment burdens on climate-affected countries like Bangladesh, said the Transparency International, Bangladesh (TIB).Moving away from grant-based activities, the GCF is...

JS body led by Speaker leaves for Geneva

2024-05-15 00:00:00

A parliamentary delegation headed by Speaker Dr Shirin Sharmin Chaudhury left the capital on Tuesday night for Switzerland to attend a meeting in Geneva, reports UNB.They will participate in an event titled "First Meeting of the Preparatory Committee for the...

BNP expels five more leaders for contesting Upazila polls

2024-05-15 00:00:00

The BNP has expelled five more of its grassroots leaders for participating in the second phase of upcoming upazila elections by violating the party's decision, reports UNB.With this latest action, the party has so far expelled 148 leaders for contesting...

Police arrest three members of banned militant outfit

2024-05-15 00:00:00

Dhaka Metropolitan Detective Police say they have arrested three members of the banned militant outfit Jama'atul Ansar Fil Hindal Sharqiya, reports bdnews24.com.The police media cell shared the information in a press statement on Monday night but did not provide details...

UP polls outshine Jan 7 voting in terms of voter turnout

2024-05-15 00:00:00

BNP senior leader Gayeshwar Chandra Roy on Tuesday said the first phase of upazila elections outshined the 12th parliamentary election in terms of the presence of voters, reports UNB.Speaking at a memorial meeting, he also compared the current government to...

BNP conspiring against country by joining hands with int'l Israeli lobby: Hasan

2024-05-15 00:00:00

Foreign Minister and Joint General Secretary of Awami League Hasan Mahmud on Tuesday said BNP, after the failure of their plot in the last election, is conspiring against the country by joining the international Israeli lobby, reports UNB."BNP-Jamaat is doing...

Govt least bothered about US sanctions, visa policies: Quader

2024-05-15 00:00:00

Road Transport and Bridges Minister and General Secretary of the Awami League, Obaidul Quader, has said that the government is indifferent to US sanctions and visa policies. His comments came during a discussion on Tuesday with journalists at the Secretariat...