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10 die in Gopalganj, Narsingdi road crashes

2024-09-02 00:00:00

At least ten people died and scores injured in road crashes in Gopalganj and Narsingdi districts on Saturday night and Sunday, reports UNB.In Gopalganj, a head-on collision between a bus and a truck on Dhaka-Gopalganj highway in Kashiani upazila of...

DIGs, Addl DIGs, SPs transferred

2024-09-02 00:00:00

The interim government Sunday transferred a total of 64 senior police officials to new stations.The officials include- 16 Deputy Inspector Generals (DIGs),26 Additional Deputy Inspector Generals (Addl-DIGs) and 22 Superintendents of Police (SPs), reports BSS.The Public Security Division of the...

Special loan repayment facility for flood victims

2024-09-02 00:00:00

Bangladesh Bank (BB) has announced a special facility for flood-affected farmers and CMSME (Cottage, Micro, Small and medium enterprises) entrepreneurs to repay the loan installments, reports UNB.In this case, August installments of short-term agriculture and CMSME sector term loans in...

BB gradually raising cash withdrawal limit

2024-09-02 00:00:00

Bangladesh Bank is gradually increasing cash-withdrawal limits to restore normalcy in the banking sector. This move aims to strike a balance between public demand and financial stability, reports UNB.In the latest update, Bangladesh Bank raised the cash withdrawal limit to...

Tarique urges party men to win people's heart

2024-09-02 00:00:00

Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman Sunday called upon the partymen to win people's heart and achieve their love with generosity and justice, not showing power or intimidation."My clear message to you, win people's heart with fairness and...

Court freezes 19 bank A/Cs of ex-senior secy Shah Kamal, his wife

FE REPORT | 2024-09-02 00:00:00

A Dhaka court on Sunday ordered authorities concerned to freeze 19 bank accounts of Shah Kamal, former senior secretary at the Ministry of Disaster Management and Relief, and his wife Farzana Siddiqua in connection with corruption allegations. Judge of the...

HC issues rule over recovery of benefits

FE REPORT | 2024-09-02 00:00:00

The High Court (HC) on Sunday directed the government to submit a report on expenditure of the state for all the benefits and properties provided to the family members of Bangabandhu Sheikh Mujibur Rahman under two acts enacted to provide...

Dhaka Chamber welcomes cut in fuel oil prices

FE REPORT | 2024-09-02 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) welcomes the interim government's decision reducing fuel-oil prices. "DCCI praised the interim government for taking the decision to reduce the prices of fuel oil at all stages adjusting with the international market," said...

Bangladesh's Litton Das plays a shot

2024-09-02 00:00:00

Bangladesh's Litton Das plays a shot during the third day of the second and last Test cricket match between Pakistan and Bangladesh, at the Rawalpindi Cricket Stadium in Rawalpindi on Sunday. — AFP

Ex minister, state minister to face investigation

FE REPORT | 2024-09-02 00:00:00

The Anti-Corruption Commission (ACC) on Sunday decided to investigate corruption and irregularities allegedly committed by a former minister and a state minister of the immediate-past government, and five other individuals.Former Fisheries and Livestock Minister SM Rezaul Karim and former State...

Fuel pumps in Dhaka go dry a day after price cut

2024-09-02 00:00:00

On Sunday morning, Md Azad went to several fuel pumps in Dhaka. He could not find fuel anywhere. Eventually, his bike stalled in the middle of the road and he had to push the vehicle all the way from Banani...

Prayer Timings (2024-09-02)

2024-09-02 00:00:00

BSEC forms body to probe irregularities

FE REPORT | 2024-09-02 00:00:00

The securities regulator has formed a five-member committee to investigate irregularities in the stock market, including allegations concerning the issuance of Beximco Green Sukuk Bond and IFIC Granted Sreepur Township Green Zero Coupon Bond.The panel will also investigate the process...

FSIB board reconstituted

FE REPORT | 2024-09-02 00:00:00

Bangladesh Bank (BB) has dissolved the board of First Security Islami Bank and reconstituted it appointing Md Abdul Mannan, former managing director of Islami Bank Bangladesh Ltd (IBBL), as the chairman of the new board. The central bank on Sunday...

Big-deal Tk 15.52b loan for Orion solar project blocked

FE REPORT | 2024-09-02 00:00:00

Everything was set to approve a loan worth Tk 15.52 billion for Orion solar-power project bypassing certain conditions, including the single-borrower exposure limit. But following the change of government through student-people uprising the Financial Institution Division of the Ministry of...

Remittances rise 39pc to $2.22b in Aug

FE REPORT | 2024-09-02 00:00:00

Bangladesh received $2.22 billion in remittances in August, in a year-on-year rise by 39 per cent, according to the latest monthly data that bring some solace about forex reserves.With the higher remittance inflow, as per the statistics Bangladesh Bank (BB)...

IMF may lend $3.0b more

FE REPORT | 2024-09-02 00:00:00

International Monetary Fund (IMF) officials were found positive about a Bangladesh proposal seeking US$3.0 billion more in budget support in addition to the ongoing loan package, said the Finance and Commerce Adviser. "The IMF wanted to know about the interim...

Export-oriented units to get loan for employee salaries

FE REPORT | 2024-09-02 00:00:00

Bangladesh Bank (BB) on Sunday announced that it would allow loan facilities to export-oriented units for the payment of employee salaries. These units have been facing difficulties due to the recent domestic political situation and the global economic environment.As a...

MoUs with India await review

FE REPORT | 2024-09-02 00:00:00

A slew of memoranda of understanding signed with India during the past government, which include a latest one on rail transit, await a review. Dhaka will also make a move for extradition of deposed prime minister Sheikh Hasina--staying in India...

QatarEnergy to double annual urea production

2024-09-02 00:00:00

DOHA, Sept 1 (Reuters): State-owned QatarEnergy will boost its production of urea to more than 12.4 million tons annually from 6 million tons currently, its CEO said in a press conference on Sunday, without giving a timeframe.Saad Al-Kaabi, also Qatar's...

Egypt's Sisi ordered huge wheat purchase fearing new supply crisis

2024-09-02 00:00:00

CAIRO/DUBAI, Sept 1 (Reuters): Egypt's biggest ever wheat tender, nearly 20 times its usual size, stemmed from food security concerns sparked by an intelligence briefing given to President Abdel Fattah al-Sisi, according to three security and government sources.Egypt, one of...

India plans to raise veg oils import taxes

2024-09-02 00:00:00

MUMBAI, Sept 1 (Reuters): India is considering an increase in import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday.The move, which is likely to be announced in the coming...

Phone search by police violates human rights

2024-09-02 00:00:00

In the digital age, privacy is more critical than ever. Mobile phones have become extensions of our personal lives, storing intimate details ranging from private messages to financial information. Given their importance, the search and seizure of these devices must...

Stop rickshaws from plying on main roads

2024-09-02 00:00:00

The recent surge in traffic congestion in Dhaka is alarming. Over the past month, the situation has worsened, primarily due to the unchecked movement of slow-moving rickshaws. These rickshaws, along with battery-run auto-rickshaws, are now plying the main roads and...

Developments for and against anti-discrimination movement

Neil Ray | 2024-09-02 00:00:00

Bliss it was in that dawn to be aliveBut to be young was very heaven Nothing could be more appropriate for Bangladesh right at the moment than the famous couplet penned by William Wordsworth in his The Prelude. Living in...

Industrial security is highly important

2024-09-02 00:00:00

Threat to security of factories and industries continues to dominate the minds of the business community dampening its enthusiasm to carry forward trade, investment and overall business activities. Although the law and order situation has improved somewhat compared to the...

Will there ever be a sustainable solution of the Rohingya crisis?

Muhammad Zamir | 2024-09-02 00:00:00

On Aug. 25, 2017, hundreds of thousands of refugees started crossing the border between Myanmar and Bangladesh, entering Bangladesh on foot and by boats amid indiscriminate killings and other acts of violence in Myanmar's Rakhine state. Those fleeing attacks and...

CA to announce roadmap for reform after dialogue with political parties

FE Report | 2024-09-01 12:00:00

Chief Adviser of the interim government Dr Muhammad Yunus will roll out a roadmap of his government after the dialogue with the political parties, special assistant to the CA Mahfuz Alam said on Saturday.The roadmap will incorporate reform plans of...

BNP has no relations with extortionists, says Fakhrul

2024-09-01 12:00:00

BNP Secretary General Mirza Fahrul Islam Alamgir on Saturday said there is no relation of his party with extortionists, calling upon all to handover those to police who were found involved in extortion in the name of BNP, reports BSS."If...

Japan wants its hardworking citizens to try 4-day workweek

2024-09-01 00:00:00

TOKYO, Aug 31 (AP): Japan, a nation so hardworking its language has a term for literally working oneself to death, is trying to address a worrisome labor shortage by coaxing more people and companies to adopt four-day workweeks. The Japanese...