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Elections will follow reforms, says Dr. Yunus

2024-11-15 00:00:00

Muhammad Yunus, chief adviser of Bangladesh's interim government, told AFP on Wednesday that reforms were needed before Bangladesh could elect a government following the ouster of autocratic former ruler Sheikh Hasina.The speed of reforms "will decide how quick the election...

Weather may remain dry today -

2024-11-15 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country over the country until 6:00 pm today (Friday), according to the Met office.Night and day temperature may fall slightly over the country.The highest temperature of the country was...

Employees to face action for graft, irregularities

2024-11-15 00:00:00

The Ministry of Land has issued a circular directing the authorities concerned to take immediate actions against employees of the ministry, if found involved in corruption or irregularities in the delivery of land services, reports UNB.The circular, signed by Senior...

Ctg-Dhaka oil transportation thru' pipeline likely from Jan

NAZIMUDDIN SHYAMOL | 2024-11-15 00:00:00

CHATTOGRAM, Nov 14: The commissioning of the Chattogram-Dhaka oil pipeline is likely to take place in December and may be handed over to the Bangladesh Petroleum Corporation (BPC) in January of next year. The project's works have almost been completed...

General Waker-Uz-Zaman speaking at the 43rd Annual Commanders' Conference

2024-11-15 00:00:00

Chief of Army Staff General Waker-Uz-Zaman speaking at the 43rd Annual Commanders' Conference of the Army Service Corps (ASC) 2024 at the ASC Centre and School at Jahanabad Cantonment in Khulna on Thursday. — ISPR

Interim govt assures lifetime treatment for injured in meeting with their reps

FE REPORT | 2024-11-15 00:00:00

Arrangements will be made to provide lifetime medical treatment and rehabilitation for the injured protesters and victims of the student-led July-August mass movement, said Professor Dr Md Sayedur Rahman, special assistant to the chief adviser.He made the remarks after a...

Over 1,300 govt law officers appointed in Nov

2024-11-15 00:00:00

The Ministry of Law, Justice and Parliamentary Affairs has appointed 1,299 government law officers to courts across 25 districts from November 3 to 13, reports UNB.This includes Government Pleaders (GPs), Additional Government Pleaders, Assistant Government Pleaders, Public Prosecutors (PPs), Additional...

CA pledges reforming labour sector to attract investment

2024-11-15 00:00:00

Chief Adviser Professor Muhammad Yunus on Thursday said his government would carry out vital labour reforms in an effort to attract more foreign investment in the country's manufacturing sector, reports BSS.He made the comments during a meeting with former British...

Project in limbo as bid offers get no response

MUNIMA SULTANA | 2024-11-15 00:00:00

The Container Company of Bangladesh Ltd (CCBL) received no response to a bid invitation for investment and development of an inland container depot (ICD) at Ghorashal in Narsingdi, making the fate of the project uncertain.According to official sources, 12 private...

Travel bans on Taqsem, Bahauddin Nasim, family

FE REPORT | 2024-11-15 00:00:00

A Dhaka court has imposed travel bans on Taqsem A Khan, former managing director (MD) of Dhaka Water Supply and Sewerage Authority (WASA), and A F M Bahauddin Nasim, former Member of Parliament (MP), along with his family members.Dhaka Metropolitan...

DU JCD announces full committee

2024-11-15 00:00:00

Dhaka University (DU) unit of Jatiyatabadi Chhatra Dal (JCD) has announced its full committee comprising 242 members, reports UNB.Ganesh Chandra Roy Sahos, a student from the 2010-11 session of the university, was made the President and Nahiduzzaman Shipon, a student...

Sheikh Hasina turned BD into crippled state, says Rizvi

FE REPORT | 2024-11-15 00:00:00

Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi has said deposed Sheikh Hasina turned Bangladesh into a crippled state."Sheikh Hasina during her tenure has misruled the country and frightened the people," he said. "Jubo League and Chhatra...

BNP leaders meet US Chargé d'Affaires

FE Report | 2024-11-15 00:00:00

BNP leaders including ecretary general Mirza Fakhrul Islam Alamgir went to the residence of the charge d' affairs of the United States (US) Embassy to Bangladesh Megan Boldin in the capital for having a cup of tea on Thursday. Member...

Ex-MPs Ali Azam Mukul, Solaiman Salim sent to jail in murder cases

2024-11-15 00:00:00

Two Dhaka courts have sent former Dhaka-7 lawmaker Solaiman Salim and former lawmaker for Bhola-2 Ali Azam Mukul to jail in separate murder cases, reports BSS.A Dhaka court sent to jail former lawmaker Solaiman Salim in a case lodged over...

Mirza Fakhrul Islam Alamgir speaking at a discussion on the party's 31-point state reform proposal

2024-11-15 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir speaking at a discussion on the party's 31-point state reform proposal, held at a city hotel on Thursday, where BNP Acting Chairman Tarique Rahman was virtually present. — Focus Bangla

Why is the euro falling and could it hit $1?

2024-11-15 00:00:00

LONDON, Nov 14 (Reuters): The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump's US election win raises the prospect of a hike in tariffs that could deal a fresh blow to...

Trump-election stock market rally cannot continue uninterrupted, says Peltz

2024-11-15 00:00:00

NEW YORK, Nov 13 (Reuters): Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue uninterrupted."Trees don't grow to the sky. Definitely not uninterrupted," Peltz said at the CNBC Delivering...

Cross-border challenges widen Europe-US wealth gap

2024-11-15 00:00:00

BRUSSELS, Nov 14 (Reuters): Cross-border challenges are widening the gap between the output of Europeans and Americans, who have been moving ahead since the 1990s, a study by the International Monetary Fund showed.The European Union's GDP per capita measured with...

Russian farmers rush to sell grain to profit from high interest rates

2024-11-15 00:00:00

MOSCOW, Nov 14 (Reuters): Russian farmers appear to be changing their habit of withholding excess grain for better times amid low global prices, as high interest rates make it attractive to cash in and deposit money in banks at home,...

METROCEM CEMENT HOSTS VROMON UTSOB

2024-11-15 00:00:00

Metrocem Cement Ltd. recently hosted over 500 top-performing retailers at a two-day event, 'Vromon Utsob-2024', held in Cox's Bazar, focusing on engagement and growth. Managing Director Md. Shahid Ullah welcomed the participants, emphasising Metrocem Cement's commitment to advancing Bangladesh's infrastructure...

ACI POWER JOINS POWER BANGLADESH INTERNATIONAL EXPO

2024-11-15 00:00:00

ACI Power Solution, a leading business unit under ACI Motors Ltd, is participating in the 26th Power Bangladesh International Expo at the International Convention City Bashundhara (ICCB) in Dhaka. The expo, which began on Thursday, will run until November 16....

28th AGM OF MIDAS FINANCING HELD

2024-11-15 00:00:00

The 28th Annual General Meeting of MIDAS Financing PLC was held at MIDAS Convention Centre at Dhanmondi in Dhaka on Thursday. The meeting was presided over by Abdul Karim, Chairman of the Board of Directors. Members of the Board Gulam...

Daraz 11.11 shopping festival kicks off

2024-11-15 00:00:00

The highly anticipated Daraz 11.11 shopping festival -- the Biggest Sale of the Year -- kicked off with an overwhelming response, attracting excited shoppers from across the country. The shopping festival will run until November 21, says a statement. Top...

PRIME BANK SIGNS PAYROLL AGREEMENT WITH JALALABAD METAL

2024-11-15 00:00:00

Prime Bank recently signed a payroll agreement with Jalalabad Metal at the bank's corporate office. Under the agreement, employees of Jalalabad Metal will enjoy preferential banking services including credit card and loan facilities from the bank. They will also enjoy...

SHAHJALAL ISLAMI BANK RECEIVES AWARDS FROM SAFA

2024-11-15 00:00:00

Shahjalal Islami Bank was given three prestigious awards from South Asian Federation of Accountants (SAFA). SAFA awarded the bank first prize (gold award) in the 'SAARC Anniversary Award in corporate governance category, second prize (silver award) in the 'Private Sector...

Union Bank hopes to regain strength soon

FE REPORT | 2024-11-15 00:00:00

Union Bank's overall performance has been steadily improving after the Bangladesh Bank (BB) restructured its board in August this year.The central bank on August 27 formed a five-member board of directors to operate the bank, with former Islami Bank's managing...

Govt asks private sector to import 327,000 tonnes rice in one month

2024-11-15 00:00:00

The government has asked the private sector to import 327,000 tonnes of rice within one month, aiming to further regulate the price of the staple food in the retail market, reports BSS.A total of 59 rice importers have already received...

Focus on ‘area-based research to conserve local breeds’

2024-11-15 00:00:00

Fisheries and Livestock Adviser Farida Akhter has laid emphasis on research to conserve the indigenous breeds. "Many of the indigenous breeds are now on the verge of extinction, and that is why attention should be given to prevent those from...

Square Pharma's revenue falls marginally as political unrest disrupts supply

FE REPORT | 2024-11-15 00:00:00

Square Pharmaceuticals has experienced a marginal year-on-year decline in revenue in July-September (Q1), FY25 as sales dropped amid political unrest and floods during the period.The company's revenue fell 0.34 per cent year-on-year to Tk 17.75 billion in Q1, FY25.Still, Square...

United Power's Q1 profit surges 127pc, fuelled by bulk power tariff hike

FE REPORT | 2024-11-15 00:00:00

United Power Generation & Distribution Company posted an impressive 127 per cent year-on-year growth in profit to Tk 4.19 billion in the first quarter through September of FY25, driven by bulk power tariff hike and stable foreign exchange rates.The power...